Stuart good morning, everyone before we go anywhere let me tell you about nvidia it started out this monday to the upside again. Not quite the Huge Movement that were used to but the giant a. I. Chipmaker is close to 800 a share and evaluation of 2 trillion thats how we start the monday morning, little change the dow industrial will be up a little 13 points and nasdaq out maybe 22point Interest Rates the ten year treasury right around four and a quarter percent, 424. The twoyear is well above 460 right now for 69. Bitcoin trying to hold onto the 50000 level its 512 as of now. Hardly any change for enterprises, gas 3. 26 thats average for regular 4. 7 on diesel. That gas way down close to a twoyear low, 172. Politics, Ronna Mcdaniel will walk away from her job as chair as a Republican National committee she lost the support of donald trump, the former president said he lead a united unified Republican Party he won the South Carolina primary by 20 points over nikki haley but the wall str
President biden. In it they describe biden as being sharp, fit and having striking stamina. Okay. Were going to take that one on. Meanwhile, former twitter Ceo Jack Dorsey endorsed robert f. Kennedy jr. And he wants to see primary debates and guess what hes predicting that kennedy will win the race. Well talk about that. Former fbi director james comey bashing President Trump and proving people are right to be concerned about partnership in our government agencies. Comey claims trump could be wearing an ankle monitor while accepting the gop nomination. Well tell you what he said also about biden. Lets take a look at oil. Big story this morning, jumping after saudi arabia Cutting Oil Production by a Million Barrels a day. That could mean of course higher prices at the gas bump, Oil Moving Higher there it is up 2. 5 . Lets take a look at the futures as the trading week kicks off with a nice rally at the end of last week. Today its all very muted a mixed bag the dow slightly down, s p sli
This is one of our favorite songs to start monday morning. I feel good. Cloudy new york city. Good morning, everyone, it is 10 00 oclock eastern lets get to the money on the monday morning heres whats happening the first day of the week the dow was up 100, nasdaq of 26, green lefthand side of the screen ten year treasury around four and half level we have 447 at this point, the price of oil backing a little bit away from 80 a barrel but not much, 79. 21, bitcoin not that much action, 62700 per coin thats the market on a monday. New jersey is a deep blue state, trust me on the side live there, its run by democrats top to bottom so it was surprising to see donald trump attack a massive crowd 80 100000 people flocked in wildwood saturday. That is on the jersey shore, next to the key state of pennsylvania. The media does not want to know about the biggest political rally in new jersey in decades, they were looking for any and all negatives. Trump insults prosecutors at jersey shore valley
The red. The s p and the nasdaq are in positive territory, barely so but better to be red, dow jones is down 44. Take a look at the ten year treasury rates, they are up significantly, 7. 3 basis points that is up over 4. 5 right now. That is pressing on market concerns and oil which is also been pressing on market concerns, that was over 90 a barrel. Earlier this morning it is dropped a little bit below 90 a barrel at 89. 84. Bitcoin lets see what that was doing it was down significantly more that it is now. Is down 41 to 26158. Take a look at the new pool from abc in the Washington Post donald trump is ahead of President Biden in a hypothetical rematch but the post deems this their own pool outlier after other polls show the two neck and neck. Guy benson joins me. Its fascinating the Washington Post pay no attention to the man behind the curtain but at the same time it must be scaring the heck out of folks of the democrat party. A couple of things, not only did they label their own po
Change, reports of an Israeli Attack on rafah and gaza that killed a number of children, irans foreign minister said over the weekend we are done but this was before the attack, separately the house voted in favor of military aid to israel, heres the Market Reaction to all of this, the price of oil staying in the low 80 per barrel range of 8255, the price of gold has come down were down 62 an ounce at the moment and all the way back to 2351, that is a must 100 below the recod price last week, stocks rallying a modest bounce after last weeks heavy selling, the dow could be up 200 and the nasdaq 120. 20 of green this monday morning but not as much as we had in red ink last week. The s p is having the worst week or did last week since march of 2023. Look at tesla, it announced a range of price cuts over the weekend and elon musk has delayed a scheduled trip to india. Investors dont like this, the stocked out another 6, down 4 euro 140 a share on tesla, no serious bounce for bitcoin. Despi