Market theres a handledful of family names. Do we have to pick . Chips, chips, chips. All right though i will tell you i do like wow google valuation. I think its but you said chips. Yeah. Hes guess his own pasti counter. Had e. It valuation you have to like my chron. Add it to the conviction by a list thats underperformed the news that came out last week, i think it does benefit, so those are three chips i like. There you go cornucopia, smorgasbord. He pistachioedd, bottom line is i think the chips are recovers from what was clearly a lot of profittaking, they were the once that were parabowl is they had the once that were multiple when i and make even netflix, so here i am, theyre ultimately names that have a lot of growth in 2018. If anything i think they are show he emphasize stocks google, as guy said, when he talked about everything possible, actually has a great valuation. Oy actually think you said something smart there. Sit think you have to think about how theyre positioned a
Coming up. We do have quite a rally with the dow in particular. The transports continue higher all the major averages are in record territory. We also have big calls on the Airline Sectors today and the banks as financials get set to report. Were heading into earnings season well have you up to date on those. Lets start on the floor of the new york stock exchange, mr. Robert pisani joining us with a recap of whats going on as we get ready for earnings, right . Yeah, a lot at stake here, but sixday winning streak, just six days in a row since december 17th p nasdaq has the best sixday winning streak since the end of january 2016. Were starting earnings on friday, there are very High Expectations thats my theme. A shortterm risk. The markets. Just on earnings, analysts are much more optimistic we hardly got any last quarter here were expecting bigger beats, not by a penny or two pennies but more than that if youre disappointed youre going to get hit more. Also, we have guidance here. Now
Electrovehicles. They publish everybodys income tax returns. Should we publish that here . How much everyone makes, what their house is worth . And the corn is this high in kansas right now. Everything is very very green, by the way. You are not allowed to take another vacation. Neither are you. The markets seem to be celebrating today. Stocks up nearly 1 . Dow up more than 200 points. More focused on earnings than the volatility in the Chinese Market. Energy stocks leading the charge today with the S P Energy Sector up nearly 3 and some big gains in names like exxon. Take a look at twitter, rallying ahead of its earnings report. Weve got an analyst saying twitter is his least favorite stock he covers. Find out why. See if they wait until 4 00 to release twitters earnings unlike last time when they were leaked early. Homeownership hitting its lowest level since 1967. We have a former fed official with us who will tell us why she thinks Monetary Policy could be to blame, and it may be p
Service from last quarter. Also in focus any update on twitters ceo search and of course guidance on upcoming quarters when the Company Expects its product overhaul and when it expects that to help start adding user at a faster rate. Back over to you. Thanks so much Julia Boorstin. Whats our reaction to twitter . Its this whole mausms user growth quality which is really in question right now. To use your term its interpret meh. We could see the stock unchanged. Rallied 5 . Sentiment was poor. I dont think expectations were particularly high. But those two numbers right there, thats the problem here. That audience isnt growing and until it starts seeing some real growth there advertisers just theres other places to go with much bigger audiences. Listen, im long the stock. Im sticking with it. I think theres a certain scarcity value about the product here. But a lot of things have to go right over the next few months especially in a market environment where internet stocks, and this is a
Charles lets begin with the earnings about after the close, almost everything that report after close, looks great, big to mid side companies, almost everyone beat, one disaster, well get to that. This could be great news, these earnings come this morning a lot of companies with strong earnings in key sectors, industrial, and homebuilders and important stocks transportation stocks. Joining to help us figure it out. Jim a. Chief strategist, david nelson, pretty good session, i think oil led the way even oil was not up big it was on verge of cracking down, but transports dipped well, then numbers after the close. You know market was struggling early in the morning. If oil could turn i guess anything can turn that is how session played out. Charles is that like. You know a point in time, everythig is, twitter just an hour ago it was up big. Now i think last i looked it reversed. When you dig into numbers, market was oversold looking for anything. Even some beats stocks up big, you get to