Cases, we talk about it every day. We need to im starting, i dont know what youre hearing, im starting to see anecdotal evidence that things are slowing down a bit in the economy. Im getting that too. Im getting people who are saying, i really would want to make a big spend, this is in terms of the big tech spend, for instance, i got to figure out what is going on or when are people coming back, are people ever going to come back . This stay at home versus go back to work, we thought it was resolved, we thought that things it was just a matter of time before you go back to work and those involve big Corporate Capital spending decisions and i think that those decisions are right now on the balance, because people dont know whether this thing is just going to continue to rage. I think we can expect it to continue to rage for the foreseeable future until the vaccine is widely available. There are people people are starting to curb their behavior thats what im referring to, and there are c
The music, growns on the desk not retail were talking the santa claus rally. We want to know with stocks hitting record highs. Dont say it. Is there room left for a santa claus rally. That is. Or will investor be left with a giant lump of coal wow. Guy. Along with how was your turkey day. Gobble, gobble. Gobble, gobble. Gobble, gobble coming. Yesterday the faft day of the year. Love halloween. Love halloween. But the santa claus makes me cringe like this did you see what i did there . Bad news is its probably feels as though where a right on the verge of one bad news is good news for the mechanic good news good news doesnt matter seems like the market wants to go higher. Steve has been alluding to that for a kwhiel if you look at where the vix closed today 12 in the low 12s, the same level bottoming out late july. Go back and look what happened in late july if the vix is any indicator of anything these have been levels where when it bottoms out here typically the market tops out. With
Dividends and buy backs for all major u. S. Banks financials rise ago cross the board in the free market. Drops its bid to buy rite aid buying stores instead. Rite aid shares are plunging because its future is called into question. Blue apron at the low end of a lowered range. The Amazon Effect and signals for an already slow year for ipos first up though stocks are looking to maintain upward momentum after the nasdaqs best day of the year and the saeps best day since april financials doing their part after the fed approved capital return requests for 34 of the largest u. S. Banks a lot of the hikes and capital returns that we saw yesterday mostly above expectations. The market just figured this out. Its been so well telegraphed that theres going to be good news but managements and boards and banks themselves were more aggressive on the buy back and dividend intentions and they all got approved i also think you cant separate it from bond yields. So its good news on capital return there
Strongest print in nearly three years. Busiest days of earnings the ceos of dow chemicals and ceos are with us higher in the big market. We have more clarity on media nma as it reports to via come. Futures in the green following a day where they all posted record closing highs. So again, it is the busiest day for earnings this season, two tech joints were keeping an eye on, twitter. Users were flat quarter on quarter. Facebook beat the streak last night. Boosted by greater advertising revenue for the mobile app twitters down 10 this morning in the premarket, jim. Im not one to take the other side of the trade. Stock was running for heaven knows what reason. Because i think the daily average users were pretty good, and i think it might be an inflection point, the revenues been going lets say, well call it the second derivative, theyve been going down less and the pramting is looking up i see advertisers coming towards it the new programming is doing well they have burn off on the others
Our road map begin with the last trading day of july. Plus the ceos will join us for an interview at 11 00 a. M. The first 30 tesla model 3 customers have their cars. The reviews plus why elon musk says hes in production h efrks ll but first the final trading session of the month major indicies in fact most of these are looking at the second best month of the year i think it just took people by surprise i dont know why it wasnt like it was saying were not doing well i went over that verizon Conference Call again. Did you its like boeing. Were not as bad as you think it lends itself to another story as well which leads to goings on about charter which is this belief that verizon needs to do a deal for content although thats highly unlikely but to your point that quarter was a good one given expectations. You dont want to go too far it wasnt the quarter they had 7 or 10 years ago when they owned the network. Thats why john said to me on twitter thats really good, well terrific because yo