Between an unfilled gap 3259. That gap needs to be filled with some bullish moments. As you know, we are well above 250 100 day moving average. As you said, those smallcap stocks, big performers. Really beaten up so far. Finally getting we are out with earnings as well. One that you and i have been. Secondquarter revenue seems to eat gnificant significant beat. Revenue coming in at about three and one quarter billion dollars. The Forward Guidance looks strong. That might be why shares are up. And to why the Forward Guidance looks higher, what divisions within that is this are showing strength. That busyness are showing strength. Caroline the companys conservative forecast could add to the fact that it is likely to beat overall. Worried about the global auto sector, industrial gear shipments. The is a notable beat for second and Third Quarter. Maxim last week saying they will be teaming up to take on the likes of texas instruments. Revenue for the Third Quarter looking pretty strong for
Salesforce also up higher. A lot of those secondtier tech names also did well. 10, 15 or more. They are looking for what they think will be the next leg up in this market. Taylor we do a lot of analysis here that abd traditional models dont work anymore. But over the weekend, i was reading about the fed model, ifating around an idea that you use the fed model, equities could march higher than where they are right now. That is a note in the midst of some of the optimism, that catches my attention. Romaine jack, lets pick up where taylor left off, specifically around this idea of how you evaluate market and whether some of the core metrics for valuation really matter in the timeframe we are in. Into this next earnings season really paying attention to some of those more traditional metrics . Jack i think some of those more traditional metrics make sense still as long as you compare them to other metrics. I dont know if the core price to earnings ratio on the s p 500 tells me a whole lot
More details coming this week on each of those offerings and content buys as a crowded space competes over hit shows like seinfeld and the Big Bang Theory not to mention their own original content joining us to discuss, lara ipho and laura martin good morning, guys, good to see you. This is getting crazy. The price tags for some of these shows that are decades old is this a reasonable chase of content right here its war, and war is on were seeing just the only skirmishes theres going to be war on content, billions of dollars will be spent. Distribution, the studios against the Tech Companies everyone will go and shoot against netflix with its 150 million subs, 190 countries, distribution, its a war of attrition. How are we going to know who the losers are i think we know who losers are because the marginal price of streaming services is free. Apple is going to give you a device and free content even though the posted price is 5. Anyone with a kid under 10 is signing up for disney for 3
Is really military and masses at the border with gaza ahead of what is expected to be a ground assault. The u. S. Markets as i said very close to session highs and if you look at a life picture of gaza city you can see fires burning near continuous missile strikes have been hitting the hotbed of hamas which is a terrorist group that attacked israel saturday night. Israel retaliating after the Palestinian Militant Group reigned 3000 rockets on the southern part of the country. The terrorist multipronged assault focused on the civilian population. 260 people celebrated at a festival near the gaza strip were slaughtered. 100 israelis and we are waiting on numbers of americans. Some have been taken hostage. Of the 1300 total confirmed dead nine are americans. Israel confirms the soldiers shot two armed militants that tried to cross into israel from lebanon. Maybe we can switch pictures so everybody can see the video that weve been showing, the new warfront, this is the question is it about
they were down 9% today. this is the second worst performer in the russell 1000 over the past couple weeks. off about 30% of its value. i bring it up because i love the headline we had on the bloomberg terminal. wwe s stone cold outlook slams shares to a 20 month low. whoever wrote that headline, i will buy you a beer. scarlet: let s dive deeper into the action with our markets reporters tracking equities and commodities. abigail: it will be hard to beat that headline on wwe, but all new record highs for stocks, it is interesting because since of the breakout of the coronavirus, this is quite a chart. what we are looking at his we really have not had a true recovery. what we are looking at in oranges crude oil, down 13%, on the year down more. copper down 8.8%. china of course the world s largest user of natural hitting those commodities. those are also risk assets. at some point for the overall risk appetite. pink, down about 4%. s&p 500 with today s gains is .5%, erasing th