Guy it is a decent bounce. We are 1. 9 higher now. I think it is useful to park that and focus on what is happening with single stocks. The bond market is more instructive, particularly at the european bond market. You have seen a move lower in yields in the United States. You have chinese stimulus talk floating around as well. There is a sense the fed is done and that that should imply yields lower as well. The yield move is risk off related to what is happening in israel. You are seeing it in various sectors. That is a straight yields down kind of proxy play. The big news out of europe has yet to come. Lvmh will report Sales Revenue later this hour. I think it will be instructive. That is a key stock in a key sector that will be reporting big numbers and tell us a lot about what is happening with the Global Economy and consumer spending. Watch out for that. I think we will get it about 49 minutes past the hour. Alix in the u. S. , s p up about. 7 . Pepsico had earnings out this morni
Active investing wont take a backseat to passive investing. Hell tell us why. Netflix shares up nearly 2 today. Lets start with apples runup today. Bertha coombs keeping an eye on the rally. Bertha . Its the first time we can say apple has been up three days in a row and up sharply on really strong volume, which suggests that people are buying here with conviction, first time in an awful long time. Todays move putting apple at one of the highs of the year. Right now it looks like maybe the highest going back almost to january. Certainly a sixmonth high. And also it puts apples market cap back above 600 billion after having lagged throughout the year with those really low expectations for iphone 7, those positive comments coming out notwithstanding the controversy over getting rid of the headphone jack really helping to move the stock. Right now its outperforming the overall market even when you start looking year to date. Thats been the first time we can say that for apple in an awful
There are indications that an orchestrated campaign is playing out to discredit the elections and warn political leaders off a government of national unity.