Perfect sense. But then there are days like today when i cant take how stupidly bullish this market can be the dow gaining 164 points nasdaq climbing 0. 35 . You often hear people saying that the whole things been manipulated. Its a desperate Federal Reserve and its a scared powell and its President Trump winning the election no, the feds just doing its job. And if the white house wanted to juice the stock market, dont you think they already wouldve cut a deal with the democrats on the next round of stimulus see, there is a much simpler explanation. I call it clueless buying. I always say you should never underestimate the wall street promotion machine. But never underestimate the power of enthusiastic buyers who do not know what theyre doing they know nothing some people accuse me of taking the thing too far. They say im not willing to call people out for being morons that are more likely to put retire clorox ceo than i am to put a departing Ceo Jim Hackett on the wall of shame. They
Hour futures are solid, earnings phase one signing, lots of eco data our road map begins with trade optimism reigniting the record rally. The chinese delegation heads to d. C. Today for an expected phase one signing on wednesday plus new ceo, same crisis. What to expect from boeings new chief executive, David Calhoun, who takes over today and the future of the 737 max. Then there were four, alphabet nearing the trilliondollar market cap club, behind apple, microsoft and amazon stocks are looking to recoup some losses from dow, the dow surpassed 29k for the first time before finishing in the red. All three major indices are in the green since the beginning of the year led by the nasdaqs 2 gain as we were saying on squawk a few moments ago, jim, if lulu yes, maam of lemon is a clue to the earnings season, maybe this rally has been justified we have two conference this is ek wweek, icr in orlando andi conference in san francisco, health care. Theyre used to be able to say better than expe
Last few hours. These are current visibility readings. Were only spotlighting the north of cora costa valley. See that. 3 in santa rosa . Thats how far you can see down the road in miles. We already have issues. Tomorrow morning will be foggy, but theres help. The winds will pick up into the later hours, so tomorrow will be different than today in that the fog will only hold on for the Early Morning hours. By the time we get into the afternoon, the wind will start to clear it out. So thats good news. But the wind is coming in on the leading edge of the rain. Lets talk about that in detail. The good news on this is the rain is mainly going to be confined to late saturday night and early sunday morning. By that i mean from like midnight saturday night going into sunday, and by 9 00 a. M. Sunday, weve seen 90 percent of it. We pick up about a half an inch to an inch. Thats the first storm. The next one arrives in time for christmas, and we do need to talk about a chance of rain. Well have
Issues what. Orange mocha frappuccino. Dan nathan says starbucks is brewing up a big breakout. How you can avoid getting roasted in this piping hot trade. Its time to risk less and make more options action starts right now. Welcome, everybody it was a big day for the markets. The dow surging more than 330 points the s p 500 erased its losses for the week the rally following a better than expected jobs report. And there were records across the board including big tech names like apple and alphabet. Both of those stocks hit alltime highs and added to the sectors redhot run this year if youre betting on an even bigger tech takeoff, weve got a way to play it lets get in the money with mike khouw. Take it away, sir. Its interesting. So we got this payroll report today. Obviously, the markets responded very favorably to that but i think we got some clues that we had some significant strength in the market earlier this week when the trade news which was definitely not positive didnt knock the
Theres no question that las vegas is the gambling capital of the u. S. Here on the strip, four publicly traded Companies Control 20 different casinos. And for them, everything is highstakes. Most are camerashy, but after a lot of negotiations, this one opened its doors Caesars Palace. How are you . Mr. Lemonis, welcome to Caesars Palace. Are you steve . Im steve shakerian. Nice to meet you. The pleasures mine, sir. Im really excited. Lemonis look, i dont consider myself a highlevel vip, but they gave me a dedicated casino host anyway. Mines steve. Were gonna take you over here to platinum vip checkin. We headed over to the front desk. How are you . Welcome to Caesars Palace, mr. Lemonis. I got a room key and a loyalty rewards card. Because youre a premium guest, weve upgraded you to our diamond card. So i could start earning points on all the money im about to spend, starting with my room. [ elevator bell beeps ] we took an exclusive elevator to the 29th floor. This is what 3,400 a nig