Plus, what could be more fun than insurance seriously. This is an interesting situation. Its captivating when captain coe explains how options action starts right now. U. S. Markets rallied for a strong week, but the start master and mike sa there is value to be found across the pacific what are you looking at in japan . Before we get to the charts, what we know is yeartodate, the nikkei is virtually unchanged. The s p is up 8 . First, taiwan versus korea so instead of using the Taiwan Stock Exchange index or the kospi, were using the ewt for taiwan and ewy for korea they are literally neck and neck. Its a perfect set of parallel lines. Now, add in japan, ewz, the i shares for japan. Here you see the divergence. If i were to include the spy, it would look identical which is to say these are all in dollars so we have adjusted out for the currency that comparative chart is the opportunity, japan lagging. And so take a look now at the individual i shares thems seelv. First ewt. Ive circle
This is an interesting situation. Its captivating when professor co explains how. Options action starts right now. U. S. Markets rallied for a strong week, but the start master and mike say there is value to be found across the pacific. Break down the charts for us here, what are you looking at in japan . Before we get to the charts, what we know is yeartodate, the nikkei is virtually unchanged. The s p is up 8 . With that in mind, lets look at a few charts first, taiwan versus korea so instead of using the Taiwan Stock Exchange index or the kospi, were using the ewt for and eye for korea and what you see is their neck and neck, a set of parallel lines. Now, add in japan, ewz, the i shares for japan. Here you see the divergence. If i were to include the spy, it would look identical which is to say these are all in dollars so we have adjusted out for the currency that comparative chart is the opportunity, japan lagging. And so take a look now at the individual i shares themselves. First
China trade deal jobless claims fall. And real estate and staples are leading the charge joining us for the hour is stephanie link were both feeling the holiday red but we got a green market. Like a christmas theme were now starting to see internalsin the market thats confirming the stabilization look at the 210 spread, the yield curve is steepening. Nats a good sign asia stocks, they are breaking out. You look at oil up 10 in the past month all of these things are confirming were seeing stabilization and that sets us up for 2020 seeing better growth my biggest question mark does this translate into better earnings i think we will see better earnings which maybe not right away you have pmis globally that are stabilizing. I feel good going into 2020. It has to be an Earnings Growth year all three averages are up half a percent first lets focus on the big stories were watching Kayla Tausche has the latest on china trade and usmca. Then the senate spendling bill vote and Bertha Coombs has
We saw weaker thereasury yields last week. The 10year treasury at 4. 7 . The 2year treasury at 5. 07. Meantime, israel and hamas denying reports of a ceasefire to allow Foreign National palestinians to cross the border to egypt from gaza. Today, the temporary border was an supposed to allow temporary aid to enter. It is unclear if the border will open. Last night, President Biden spoke on 60 minutes and warned of the mistake they would make of occupying gaza. We are going to do everything within our power to find those who are still alive and set them free. Everything in our power. Im not going to go into details of that. Were working like hell on it. Senator Chuck Schumer visiting israel over the weekend. He posted on x that the delegation was rushed to the shell toter to await out rocket fired. He plans to lead a Bipartisan Senate package for israel. Lets get back to the congress. The Senate Returns from the weeklong recess today, but without a House Speaker. No legislation can pass
In a few minutes President Trump is expected to make a jobs announcement well bring you nose commethose north korea fired back with tough talk to the u. S. Eamon javers has details. Reporter we got the white houses First Response to the north crkorean comments. First the comments, what he said about the United States in the wake of the flybyes by american bombers over north near north korea over the weekend he said since the u. S. Declared war on our country, we will have every right to take countermeasures including the right to shoot down u. S. Strategic bombers even when theyre not yet inside the airspace border of our country. White House Press Secretary Sarah Huckabee sanders in the brea briefing a few moments ago said the United States has not declared war on north korea and to suggest it has is absurd and also had this to stay. Take a listen. Its never appropriate for a country to shoot down another countrys aircraft we its over International Waters our goal is still the same, w