Today. The single most important piece of information that they release. The dow gained 29 points and the nasdaq fell. The market is down right shocking the bank stocks have been rallying for days since the economy is red hot hot enough that the fed might have to raise rates repeatedly the hope of fast paced rate hikes have been driving the financials higher and i have told you that the financials are the most important leaders of the sector out there not tech, not health care. Not even industrials but the fibs as we call them is to help the Banking System with a big job loss in retail, no doubt thanks to amazon and online brethren the industrials and the transports caught fire the former because maybe the fed wants to strangle the rapid rate hikes but a lot of the transports are connected to the ecommerce throw in the big pushes from the Analyst Community from amazon and apple, two of the market generals and you get new winners all plumped up to feed the beast. So can the beast contin
To buy, you may want to wait until after they report. Well explain. And a big Event Next Week could send one of these stocks surging. Well tell you which one and what it means for the biotech space. Its time to risk less and make more the action begins right now. Lets get right to it because the big banks officially kick off earnings season next week and the Options Market is implying big moving. Wells fargo and pnc could see a 3 jolt in either direction. A 2 move for jpmorgan and 2 for black rom. Financials one of the best performing sectors over the last year, 21 . How should you play the names into earnings . Get right to it and to the chart master carter at the plaza ready to go. Carter reporter its true as a sector, financials are pacing the market up a bit more. Interesting, its so dependent on names like american express, Big Insurance Companies like travelers. If you look at the banks, the banks themselves have trailed the market and regional banks really trailed look at a few
You may want to wait until after they report. Well explain. And a big Event Next Week could send one of these stocks surging, well tell you which one and what it means for the biotech space. Its time to risk less and make more the action begins right now. Lets get right to it. The big banks officially kick off earnings season next week and the Options Market is implying pretty big moves. Wells fargo and pnc could see a 3 jolt in either direction. 2 move in either direction for black Rock Financials one of the best performing sectors over the last year, up 21 how should you play these names into earnings . Lets get right to it. Carter worth, at the plaza, ready to go. Its true as a sector, financials are pacing the market up a bit more. Whats interesting its so dependent on names like american express, Big Insurance Companies like travelers if you look at the banks, the banks themselves have trailed the market and regional banks have really trailed. Lets look at the few charts i dont li
Good monday morning, welcome to squawk alley. Im Carl Quintanilla with mike santoli, Morgan Brennan here at post 9 of the New York Stock Exchange john fortt in San Francisco. In a minute hes going to bring us a cnbc exclusive with amds lisa su. You cannot miss that in the meantime, apple feeling pressure from investors. Urging the iphone maker to tackle smartphone addiction and overuse by children. They write the potential longterm consequences need to be factored in at the outset and no company can outsource that responsibility joining us at post 9 this morning, Elevation Partners cofounder Roger Mcnamee and scott galloway, professor at the stern school of business happy monday good to see you both what an interesting turn this is, roger. What responsibility does apple have to how my kids might use a phone . Quite honestly, they have a lot. The culture of Silicon Valley has been about disruption for so long that people have forgotten there are consequences to disruption, and at the sc
More than three years. They will be focused on north korea sending a delegation tonight months olympic and south korea. At the same time, south korea will try to keep from undermining the u. S. s hardline against the north. Global news 24 hours a day. Powered by more than 2,700 journalists and analysts in more than 120 countries. This is bloomberg. Julia live from bloombergs World Headquarters in new york. I am julia chatterly. Scarlet i am scarlet fu. Joe and i am joe weisenthal. The s p extending its winning streak for a fifth straight day. Hojoe the question is, what you miss . Do they also point to inflated prices. Farmers are hoping to reap the benefits of their support for President Trump, who is said to address the American Farm Bureau Federations annual convention in nashville in about 30 minutes. Will bring you his remarks. Too much of a good thing could be hurting apple. Arebig shareholders concerns about children becoming addicted to the iphone and they want apple to do some