Will august, a traditionally difficult month for stocks bring more record highs . Were on dow 22,000 watch. White house says new chief of staff has Anthony Scaramucci out. Under armour, well look at the stock and the competition. All three indices saw a record like the dow and the nasdaq, s p posted eighth positive month in the past nine. Its been quite a run. A lot of that, though in dows case, has been boeing. Boeing is the new thing its really incredible y had some laughs this week where i read boeing, sell to hold this was, to me, the biggest cap stock that had sales on it not netflix, not tesla, but boeing there was a moment where one of the analysts said is it as really as good as the cash flow real not only is it real but its spectacular. I really do think there was kind of a misdirection play a lot of people felt boeing could be like, say, some of the like a ge and it wasnt. How do you miss boeing, though seems to me their business is one that you contract very well. They misse
Played out exactly like i predicted. We shook out the weak hands on day one, people gravitated to safer stocks on day two. Yesterday, day three we had the final rejudgurgitation of the techs. The dow gained 73 points, brand spanking new alltime high someone let the president know im saying its a high again the s p and nasdaq both gained of course, during that decline, what happened . What happened . These people, the bears, came out of the woodwork. Trying to explain why they were right to hate the market the whole time and why youre a loser if you continue to be in this market. Didnt they scare you . They had to frighten you and we had the old gray Hedge Fund Managers telling us how foolish we are to consider looking at stocks. Call for caution, and obituaries were, of course, f. A. N. G all i can say is, these bears are darn lucky that the a in fang stands for amazon, because if it stood for apple, their miserable lives would be made even worse after tonights magnificent quarter. The
Its not hard to imagine this robot would get up earlier and be a whole lot more diligent than i ever was, but its not just simple tasks that are at risk. The Silicon Company ellie mae is developing computers replacing Mortgage Brokers. Jonathan coor is head of ell ellie mae. Before i get to the questions about how all of that works, i want to kind of understand what your company does. Where are you in this mortgage chain at ellie mae . We go from the initial consumer touch point all the way through the process to the Mortgage Asset being sold to the investor. All the way through . All the way through the entire process with, you know, kind of our vision which has been with established 18, 19 years ago was the mortgage process, its all about data and yet it is such an inefficient disconnected process for the consumer. How can we embrace technology to create a much more seamless stream. I want to ask you much more about the technology but i want one more clarification. Ellie mae sounds l
A family tradition. One of my favorite spots ever. I love it. And good morning. Im brian floor residence. Both pam and dave are off today. Were on a special schedule on mornings on 2 from 6 00 until 9 00 this morning. Be aware of that. Were excited. Were excited this morning. Its good to be here. Its good to be here. Before our kids wake up. They dont know the difference. They are still asleep so dont wake them up. 6 00 a. M. On Christmas Day. For all those little ones that are receiving maybe bikes, maybe scooters, maybe something fun to be outdoors with. We have some nice weather coming our way. At least were going to be dry. We will need our jackets. Maybe our mittens and it is going to be a cool one. Lets take a look at the satellite and the radar. Just a few lingering showers left through the Morning Hours as we squeeze in a little bit closer. You can see they are riding rides down along the coastline. We may have just a few sprinkles right along the san mateo coastline at this ho
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