Plus. Love gold. Love gold. Goldman sachs s. And well explain why you shall too right now. Time to risk less and make more options action. Risk less make more has a nice ring to it. Lets get right it. As we know now the record rally rolls on the dow hitting another alltime high today while a tremendous year for the index a number of names sat out the rally. Lets look at three walgreens, pfizer and 3 m the only three components down in year but carter says one of the names is his dogs of the dow pick for you for next year at the plasma to tell us which it might be. Dogs of the dow, put together in 1950s its a dividend strategy, the thinking is a blue chip stock thats the worst perform ner the index by definition will have a high yield and that you get a little catchup trade here in fact is the index of dogs of the dow relative to the dow back to 2001 a lot of well efficacy, blows away the dow itself. In any event, lets take a look at walgreens. Here is the spread there is the dog walgre
Plus. Love gold. Goldman sachs. And well explain why you shall too right now. Time to risk less and make more options action. Risk less make more has a nice ring to it. Lets get right to it. As we know now the record rally rolls on the dow hitting another alltime high today while a tremendous year for the index, a number of names sat out the rally. Lets look at three. Walgreens, pfizer and 3m the only three components down in year but carter says one of the names is his dogs of the dow pick for you for next year at the plasma to tell us which it might be. Dogs of the dow, put together in 1950s its a dividend strategy, the thinking is a blue chip stock thats the worst performer in the index by definition will have a high yield and that you get a little catchup trade here in fact is the index of dogs of the dow relative to the dow back to 2001 a lot of well, efficacy, blows away the dow itself. In any event, lets take a look at walgreens. Here is the spread there is the dog walgreens, do
Such a streak. U. S. Equities close at 1 00 eastern. Road map begins with the santa rally. Nasdaq with nine consecutive record closes, longest streak since 1998. Retailers bracing for that last minute rush on this final shopping day before christmas. But Delivery Companies also under pressure from the late push. And weworks cofounder may have big reasons to smile this Holiday Season a report says his 1. 6 billion exit package could get sweeter well fill you in. With markets in record territory, investors are in a better mood. The 2018 Christmas Eve period saw the dow tumble 653 points. S p down 27. Nasdaq 140 drop. Since then, those stocks have surged the nasdaq leading the major indices with a 44 gain since then we forget, december 26 we came in the day after christmas, and the dow and the s p rallied 5 it was wild a year ago. I remember vividly sitting on Christmas Eve, watching this show and i probably shouldnt have been doing that on Christmas Eve. I was, and it was plungingsinki t
Soybean and pork shipments that putses up 343 points on the dow. We are positive for the week as a whole now despite the declines earlier on this week joining us for the first hour, nathan from risk aver sal advisers so that point exact ly that wer up. 2 on s p, do you think the b jobs number justifies that given where we were monday, tuesday . I think its helpful when you think about the weak ism data and services this week that was a cause of concern. Especially if you did not have a lot of confidence that we were going to have the fear of increas increas increased tariffs taking off so this kind of mitigates that and here we are in familiar territory back at all time highs. Theres a lot of cross currents here what has happened to get us here you know, the fed has expanded the Balance Sheet by 300 300 billion, right and theyve lowered Interest Rates three times, 75 basis points in the last four months just to get us and keep us here. Were going to focus in on the big stories were wat
Its now been 53 days since the president announced the phase one deal with china was agreed and just waiting to be inked thats 53 days and counting. Joining us for the full first hour of the show, Wealth Management ceo josh, did i pronounce it correctly nailed it todayly rsi, people toss around these terms, overbought, oversold they use them qualitatively. The market went up a lot its overbought. Theres a technical definition to things like being overbought. By any stretch of any way you want to look at it, we were overbought on something called rsi. S p 500 we hit 75, the most overbought weve been technically since january of 2018 and we know what happened after that a very swift 17 selloff. So its not shocking that you have big down 400point day in the dow. The big takeaway for me, to answer your question, is the biggest mistake you can make is go to these extremes of bullishness, bearishness, based on each days action today is the mirror image of yesterday, total reverse tomorrow co