Southwest, at t, dow and Union Pacific this morning, jim, the hard thing today, jim, is going to know where to start. Yeah, i mean, look, i think last night the news flow was, as you said yesterday, heavily weighted toward microsoft which people regarded as disappointment i think that disappointment is not having the greatest quarter in the world, lets just say that today i think that the focus is whats going to happen when these benefits end and which companies are going to be able to continue to deliver the numbers. For instance, chipotle had a great number, will that be impacted whirlpool had a great number last night will that be impact snd what are we going to see with southwest air we had a fantastic interview with american and then secretary mnuchin i felt once again sounds like theres some room to get a deal done. We need a deal or else were going to find ourselves with a consumer who is too strapped and i think that thats what im looking at for next week and then of course im
Anticipate what will work in that time frame and what wont but after another shocking day, particularly for the sell in may and go away crowd, where the recovery stocks roared, the dow gaining 533 points, nasdaq advancing 7. 7 , the market does not lend itself to that easy divining right now the future is too binary the market feels much more like a horse race where there can be only one winner in a very crowded field of contenders. But its a long race and were still far from the homestretch so it could go either way. Who is running in this race . The first group is the subset of the cramer covid index the storks that enable the stayathome economy think everything from zoom, video, papa johns, dominos. Papa johns 33 sales, thats good news for that horse second group, the recessionproof stocks, mainly the food and consumer Package Goods plays especially ones that make hygiene supplies. During the lockdown, worries about covid, hey, but covid may be waning, lockdown is ending. Third, you
You can never own enough of the good ones, or sometimes you cant own any of the good ones, right, jim but im not adding at this point. Im happy for what i have. The stocks never attractively valued, so its less attractively valued at this point. What about the report in your view its good my concern was, whats happening with cloud i got some good news from google with cloud, got some decent news from microsoft on cloud, so thats got the major risk. Less concerned about the Retail Business, because that can always be explained away, but the bar was set pretty low across the board for amazon. A lot of doubters. The stock still far off its highs. So, i wasnt really worried. I thought the setup was pretty good but when you look at some of these names, its such a binary event that day they dont act like they used to with 1 or 2 moves theyre having moves like this, which are ridiculous when you compare it to the low volatility in the markets overall, this seems outside the moves. Its sort of
A party to the ukraine. Crisis facing canada, shes better relations with europe. Was supporting the greatest threat to European Security since the end of the cold war. Im confident that the upcoming visit of the russian president to the peoples republic of china. Well strengthen our joint work also coming up in the george and capital tbilisi angry protestors who say that parliament has just passed a law that will pull them away from europe and push them into the hands of the grim. I feel like i really think my power, the everything done much of the time to change it to our viewers watching on tv, as in the United States and to all of you around the world. Welcome. We begin today observing a partnership that is supposed to have no limits. Its been more than 2 years since the rush in, in chinese president s used those words, no limits to describe the bilateral relations between them and their nations. Well, we are about to get an updated idea. Just weird. That relationship now stands. It
Space, berkshire results and the letter tonight and tomorrow. Europe is pretty mixed in the tenyear below 289 begins with stock futurer pointing to a better open. Investors continue to digest the potential impact of higher inflations and rates on equities, three weeks since the selloff began. General mills bets on pets. The cereal maker agreeing to buy natural pelt food company blue for a billion dollars. And on the heels of historic tax reform, turbotax maker intuit delivering but weaker than expected guidance ceo joins us exclusively later this hour. Stocks are poised to open higher, three major indices on pace for third negative week in four First Time Since november of 2006 the nas ended in the red. S p and the dow about 6 below alltime high. After another session which couldnt hold the interday highs. It has happened four days in a row. I think theres scepticism of investors being willing to wade back the flow of shows as of the weekending february 21st still major outflows of dom