Stock higher from here the Investment Committee is ready to go. Halftime report starts right now. Great to have you u with us on this wednesday, the day before thanksgiving. Our Investment Committee, joe, jon, steve and jenny Stocks Holding steady, but enough for the dow, s p and nasdaq to hit new highs. The nasdaq trying for its 25th record close and its 11th this month alone. Tech, industrials, consumer staps, all hitting record levels we continue to buy into this rally, joe yes, we are in the middle of a melt up. Thats what with we can call this its being powered by significant dispersion on many sectors. Technology, health care, financials, so you can find opportunities in each of these sectors. Are we pulling forward some of the gains from 20 . B potentially, but thats not a concern we have now. We think a lot of it is predicated on the basis that the consumer is strong when you look at Balance Sheets and you think of governmental ambulance sheets, corporate. What better Balance S
Jim terranova, Jim Lebenthal, jon najarian jpmorgans top strategist saying stocks will return to their highs. Lets bring in one of them today from new york. Welcome. Thank you got the note in front of me after this wild and turbulent week, why do you think were going back to the highs . Well, look. I think that the market is set up, when you look at just the market, when you look at the Business Cycle and so forth, its set up for further upside i think the profit cycle is going to get easier as we go to 4q, something to say about the cycle accelerating positioning is very low. Sentiment is extremely negative. I think theres a setup or a case to be made for upside obviously, the market is currently being held positive by policy, trade uncertainty and so forth, and thats where ultimately we need to make a call, and were sort of thinking we wont necessarily get much more trade escalation as far as the next layer of tariffs go some people, with all due respect, think were going to get a lo
U. K. Stephen okay. That really appears kind of racist. I am, as i say often, i am the least racist person anybody is going to meet. Stephen okay. Does anybody else say that . Not that i know. Stephen final question, sir. Tomorrow, you will be giving your first state of the union address. Now, you have damaged our reputation around the world and permanently disgraced the highest office in the land all in just one year. I mean, its incredible. Its a record. Stephen congratulations. Announcer its the late show with Stephen Colbert tonight the grammys get political. Plus stephen welcomes julie chen, Joel Kinnaman and musical guest talib kweli featuring b. J. The chicago kid, with jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause band playing stephen whoo hey youre too kind. Ladies and gentlemen, im so excited to have you here welcome one and all, in here, out there, all around the world, welcome to the
That really appears kind of racist. I am, as i say often, i am the least racist person anybody is going to meet. Stephen okay. Does anybody else say that . Not that i know. Stephen final question, sir. Tomorrow, you will be giving your first state of the union address. Now, you have damaged our reputation around the world and permanently disgraced the highest office in the land all in just one year. I mean, its incredible. Its a record. Stephen congratulations. Announcer its the late show with Stephen Colbert tonight the grammys get political. Plus stephen welcomes julie chen, Joel Kinnaman and musical guest talib kweli featuring b. J. The chicago kid with jon batiste and stay human. And now live on tape from the ed sullivan theater in new york city its Stephen Colbert cheers and applause band playing stephen whoo hey youre too kind. Ladies and gentlemen im so excited to have you here welcome one and all in here, out there all around the world welcome to the late show. Im your host Ste
Strong week for the markets, and strong broadbased tech, and financials down the list, and it is big against a big backdrop of the oil hitting 50 this week, and the fed chair speaking in an hours time, and josh brown, i go to you first, new highs in the offing . We are not that far away . We are not that far away, and what is really, really great about the positioning that we are seeing here is that the advance of the climb line, and it is absolutely cooperating and breaking out in and of itself, and you have a lot of the small and the midcap issues getting the job done, and it is a marked contrast to last time we challenged the levels, and way different from what felt like the end off a bull market a year ago, so it is a Long Time Coming if we punch through, and one very clear positive is that it is a lot of stocks hanging out here, and not just, you know, the nifty nine or fang or Something Like that. And you know, serrat, you have apple back to 1,100, 100, that is a closely watched