Some of these names, court, have had a crazy morning already. Thats exactly right and its only going to get crazier. Next week is black friday, so walmart shares higher, almost 9 after another quarter of what the company is calling broad based strength so profit and revenue beating estimates. The retailer also raising its full year guidance to a range above the current consensus. U. S. Comp store sales up 2. 7 . Thats the best number in eight years. 13 straight quarters of growth there. Now, theres an estimated 30 to 50 basis point hurricane benefit with that stock up on replenishment or purchases after the hurricane, but even without it youd be looking at a 2. 2 to 2. 4 comp and that would still be the strongest in years. So walmarts u. S. Ecommerce sales contributed 80 basis points to the total comp pretty typical net u. S. Online sales grew 50 from last year that growth rate is down slightly from the growth rates of the last two quarters as anniversary of that jet acquisition that h
Technology specifically. We have investors and traders coming back and attack after that rotation out of it, a couple of times notably in the past week, most recently yesterday. The dow, not much changed, hitting a bit lower. Thats a different picture than we saw yesterday. Heres another way to look at it. You can look at it as value versus growth in this market. Heres a way to compare. The s p 500 pure value index and the pure growth index. In the gap between the two in terms of their percentage performance. And what we saw yesterday was the gap between the two, value beating growth by the most since the election. Its come down a little bit today, but still beating it by a fairly wide margin. Since again reflective of this rotation that weve been seeing again out of technology and into financials has been the trade. In terms of other groups on the move today, we are watching telecom and a number of executives are presenting at ubs conference today. Sprint, one of the sprint comments c
About trading in private venues. Two figures joined the race to be deputy fed chair. We have the low down and their cvs. Betty it looks like a second month of disappointing industrial numbers from south month. Up. 2 month on expectations were for a rebound from that is small prior month in october. The expectation was again of 1. 3 . Also a decline of 1. 6 year on year, worse than the no change expected by economists. Ands. Saw huge plunge factory output distorted by the holidays in south korea. The expectation was there might be a rebound from those numbers. It looks like there was, but still not what economists had expected. We know these numbers are choppy, but the chip boom and auto exports, that has been expected to help industrial output numbers, but looks like not quite what economists had hoped for or predicted. Again, a lower than estimated numbers, up to 2 month on month. In the u. S. , we saw markets edging higher at the close. Changing nasdaq barely , the dow adding 30 poin
Out a way to make money in apple if the stock goes up, down, or nowhere at all i dont believe it. Its not possible. It is possible. Hell show you how to do it. Its time to risk less and make more the action begins right now. Lets get right to it. After lagging the market all year, suddenly Energy Stocks are showing signs of life. The xle energy etf surging 5 in just the last month as oil hit 50 bucks for the First Time Since june 2015, names like halliburton, chevron, all bouncing should you stick with Energy Heading into the new year . Mike when you take a look at the entire space, its say you take a look at the broad sector etf lxe, its the integrated names at the top of the list they represent the largest constituents ofthat index. Of course as oil prices rise, thats going to bring them up, because they are essentially just a big bucket of oil themselves the oil service names, though, i like that space a lot. I have even when prices were lower, because they have good fundamental bus
Way to make money in apple if the stock goes up, down, or nowhere at all i dont believe it is that possible it is possible and hell show you how to do it the action begins right now. After lagging the market are year, suddenly theyre showing signs of life. Surging 5 as oil hit 20 soicide you stick with Energy Heading to the new year . When you take a look at the entire space, you know, its the integrative names at the top of the list they represent the largest constituents of that index and as oil prices rise, theyre essentially a big bucket of oil themselves the oil service names, i like that space a lot i have even when oil prices were lower because weve seen a lot of basicallythe fracking businesses have been able to make money, innovation in that space, helps it Oil Service Companies more than anybody. I think you have two things going on in the oil business right now. Weve seen crude get above 55 a barrel and so thats been a big boost once we cross that 50 mark, thats when xle and