This hour. Believe it or not, theres a way to make money off of it. First woe stae start with ae gone bad sour reviews of the iphone 8 and the watch follows a huge run in the stock. We all talking about buying this name on a pullback could this be your best chance to buy apple here . You said around here it would start looking interesting to you. It would, and it needs to hold tim said, whats three points . Three points is actually really important because where support is 155 to me was support level. Now, if we hold here and we bounce over the next day, then im going to get more interested other than that, well have to wait for the story to play out right now nobody wants to buy the iphone 8, everybody will be waiting for the x or the ten or whatever were calling it these days, and the watch is an issue. Ultimately those are good things for apple. I need to see the sentiment change in the marketplace. Right now it looks like a liquidation. If you want to own the stock for the long hau
Road map begins. Stocks still on the high despite hiccups. Donald trump blast the nfl. Its having huge ripple effects and could have a large corporate impact. Facebook settling a lawsuit with investors but its trouble far from over. Revelations about what the company did and did not know when it comes to russian interference in the u. S. Election. Futures are moving lower have a positive week for stocks despite the dow being in the midst of a two session losing streak. Global markets reacting to developments out of germany. Merkel wins. The far right party will Enter Parliament for the first time, one of the cofounders says she will not sit in the caucus in the boon to stocks. Theyve got internal politics to work out over there. What a weekend of news, jim . Yeah, this european news i felt is collaring our markets much more than people realize. Why are these markets not reacting negatively . I think the more nationalists win, the more the parties in power feel like they have to spend,
Should you buy the stock, later on and a stealth rally in one group of stocks taking investors on a wild ride how you can get in on the rally. First, redemption for the tech center, big tech coming back with a vengeance, the best performer today by a long shot, and apple having its best day in nearly two months, up 2 after whats been a tough month for the stock. Take a look at micron soaring in the after hours session, the chip maker reporting earnings moments ago, giving nvidia a boost. Will we take a look back on this day and say it was the day we wish we bought the im not sure that this is a bounce thats going to leave everybody else in the dust i can look around some parts of tech and say some things werent that great global tech, which has been just as powerful, is not very strong today. There are levels at apple. Certainly people say i can own the stock at this multiple based upon a pullback. Im not terribly convinced, if we are in a moment yesterday, i dont know that were out of
Would show that companies dont always use the asset when theyre repatriated to invest in manufacturing, jobs, things you gees are talking about they Share Buybacks and financial engineering. How do you guarantee that wont happen this time so, look, we heard that numerous times if thats our worstcase scenario that companies repatriate their money and use it for share pbuybacks and dividends, what happens . They buy back shares, issue dividends, pay the repatriation tax, we get another 20 tax on Capital Gains or dividends and the people who get that money back do what they reinvest it back in the economy in new investment and new capital. Were putting very enticing rules into the system that will entice people to invest capital for the next five years. Were giving people a fiveyear writeoff that they can instantly expense. So, look, if that happens, thats fine, we know that money will get invested right back into the economy and drive jobs, drive economic growth, drive wages and drive pr
Has surged fast forward to september. This sector is surging as a former leader starts to solve it tonight we kick off the show with our ultimate game of, our favorite game, would you rather. Start of the show start of the show, out of the gate if youre putting fresh money to work through the end of the year, do you go with energy or would you rather say banks guy . Wow, thats a tough one i mean, kudos to tim seymour on my right, hes all for the energy move, good for him. Given the run the banks had, if we had started today from day one, i would say energy. Why . I think theres momentum behind energy look at exxonmobil for example today. Still closed up a percent on a rather tepid day for energy. It was impressive at the end of august when it held at 76. We flagged it then if youre asking me would you rather, which you clearly did, exxonmobil and energy. Wgi is down a percent while Energy Stocks were actually pretty good, as guy pointed out. Youre now in a bull market in a number of na