Participating. We show where people are moving their money around and how fast these rotations actually occur bank of america, wells fargo, a name that a lot of people wanted to keep to the side, continue to move further and further up. Part of it is the rates, a lot of it is where people think were going to see more gains, the financials paused for a long period of time, they had a big bump after trump was actually the winner and suddenly it been in this flat moving around, somewhat volatile, it seems like financials are really on the verge or wanting to break out. By the way, i bought one today, im going to leave that as a tease because we have got unusual activity later on. The plan is out, although lacking in details that people are waiting to see, but what do you think it means for the way the markets are reacting today a lot of what came out has been advertised, number one. Number two, when you take a look at what happened in alabama last night and you couldnt get trumps guy elec
That on monday when we see rainy conditions as well as some thunderstorms possible to through the area. Heres where we are right now. Well focus on the good first. 70 degrees currently in philadelphia. And 71, wilmington. Look at vineland, up to 72. This is really nice warming we have seen from the 50s some spots were in early this morning. Allentown, 65. Were at 72 degrees in Atlantic City with the water temperature at 71. On our radar and satellite view, scattered clouds across the area. I think for today, this is what well continue to see, because you can tell out to the west, there is more cloud coverage heading our direction. This is not going to be a pure blue sky kind of day, but youll still see the sunshine through the day as well. A nice mix for us, and we stay dry. That is for today. But take a look farther to the west. We have a good deal of rain and stormy weather. To our south, theres a warm front thats going to move our direction. As the two combine for monday, thats when
Beaten shares of disney for less than a buck . It aint no fairy tale, but it is our options trade of the mouse house. Well break it down. The action begins now. The dow posted the second worst of the year and it was disney and goldman that really dragged down the index, down more than 2 the question tonight is simple do you buy the dip in any of these names . Dan . Well, its interesting. I dont know what utx is on the year regular exxon and i know where the other, really underperformed this year, so, to me, you have a market where i think you know, winners have been rewarded you know, we have the nasdaq thats up 16 . We have the dow thats up 10 . The s p up 9 and then you have the laggards, the ones where the stories just arent there. Are really underperforming, so to me, i think you have to find some sort of financial or fundamental Inflection Point in the laggards having gotten your arms around the fact you should buy them i cant say you can make the case for xxon. Im sure utx can an
Around, as you heard Kayla Tausche talking about so much on the table this week. So much on the table, and what do you think that the month is going to go, a nd what is the traditionally the worst month . Well, now that the earnings are over, we are macro focused an datadependent, so it is more volatile than we have been seeing, but i am encouraged by what we have seen so far, and especially for the consumers. And 75 of the gdp is consumer, and we have good numbers in spending and income, and jobs an wages, and fridays number is very important. And comps is not good. Well, it is spending with on the range, and okay. And volatile series, and the consumer sounds good to many, but what is bothering me is manufacturing. Maybe the oil and the gas bounce and maybe the dollar kind of stabilizingish, that should l help the manufacturing going forward, because that is the one piece that i am going to be watching particularly close ly. And pete, you saw as we come on the air literally on if mids
Injuries, you can see firefighters remain on the scene here in claymont after a long night balloting this blaze. There are 24 battling this blaze. There are 24 apartments affected in the complex. You can see that the flames were just whipping throt homes overnight. Through the homes overnight. Firefighters rescued a person from their apartment. The fire started at 2 30 a. M. At the harbor house apartment complex on harbor drive in claymont. When firefighters got here they were met with heavy flames shooting from the roof of the three story Apartment Buildings. Firefighters attacked the blaze and worked to get the flames under control. The cause is under investigation. At this point, again we know there are 24 units, but theres no word on how many people have been displaced in the fire. We did receive word that one person has died and at least one person is injured this morning, the fire marshal is on scene as the Investigation Continues and of course well continue to bring you updates