It all about the guidance as well will we get a big ozark on netflix. Their numbers are coming out big banks as well. Everybody, a big week for earnings welcome. A big day for the markets as well let us begin with the rally on wall street. The nasdaq hitting record highs. A bunch of big Tech Technology names. Continue to make new highs when you look at this market could you ever predicted four, six, eight weeks ago that we would have gained 20 and 30 in matter of weeks even as the country continues to talk about reshut downs for 30 of our economy of course i saw this coming. Didnt we all see it coming. What i hold here are fundamentals this is an income statement. This is a Balance Sheet statement. Take it and rip it up because right now fundamentals are not fundamentals technicals are the fundamentals. It is driving the nasdaq continually higher i want to emphasize for a second, tesla. Think about this on friday, tesla will expire the 2500 call that is 750 higher than where we are tra
Paralyzing hong kong and goldman responds and burger king launches the new Meatfree Burger overseas. You were hoping for a little billy idle at 5 01 in the morning. Thank you for being with us this Tuesday Morning. A little cold out there. The dow is up 18 and it might continue to rise futures are basically flat they came up about 35 or so. Basically up by 10 right now weve had nine record high closes if we get a little momentum here, could be the 10th. As stocks go up, yields go up as well people selling the bonds the benchmark creeping closer to that 2 . In asia, japan, youve heard us talk about it for weeks now. That market higher the nikkei up there. Inching toward the 2018 highs as well despite the unrest in hong kong. Continues to rise. In europe, there is a lot of green on your screens this morning. All the five major averages are higher today markets around the world are up. We are going to get more on all of these markets right now lets get to the biggest release. Disney plus
It has just gone 6 00 in the morning here in london. Lets start the conversation about turkey, because that is what we have seen the big moves in asset classes. A chart shows what happened to the lira over the past few days. The big moves we have seen in the turkish lira. The turkish lira falling against the u. S. Dollar. A reprieve in this mornings session, perhaps. Two months of gains for the sinceh currency, the most 2008, at least on some measures. We will show you how the turkish lira is responding at the moment. The political scene in turkey, Big Questions about president his land grab, and how much the Democratic Institutions can stand that. This is where we are on the turkish lira right now. 2. 9393. Not getting up to that three lira to the dollar mark, which is what some analysts thought would be crucial. A quick word on what the dollar has done in may, typically. The dollar increasing in the month of may in nine out of the past 11 years. A bit of a warning if you are a bit of