It is like a gulf. This is not separated in terms of politics. Actually, ill take this side. Im really not sure you may be closer to me than him this guy is a nut. Im going to need a lifeline. We could put Chris Christie in between us. Lets check on the markets this morning. You know what i didnt look at today, constitutional crisis concerns looking at the stock market, i cant see it there up 115 points on the dow jones the nasdaq up 41 treasury yields up 71. My mind is wandering the predicted volume and money is very small. I checked the odds of impeachment. They are up 60 cents odds that trump does not finish his first term or odds he does finish is 80 . At 4 00, there is a meeting. Maybe it is one of those situations you do it and hes not removed. How do you read that im no expert but saying this is a political decision. Impeachment is a political decision bringing charges is different than a case. They have an election in 2020, they may just want to wait for that i would think so.
Guillotined as the action in the bomb market indicating the economy is improving we dont need those kinds of stocks anymore the market is constantly trying to predict the future, takes inputs, aggregates them, the consistent growers are out and the cyclicals are in thats right, the companies that can build big numbers when the economy is in shape, theyre back theres just one problem, the random set of inputs and outputs is missing a key ingredient, emotion. If you want to be a successful investor, you need to check your emotions at the door and right now thats not happening. Let me show youwhat i mean why dont you take a stock we all know, merck, then amazeingl it spent two decades lots in the wilderness until they discovered keytruda mostly lung cancer, in trials for many types of tumors, the strength of keytruda breathed new life into merck stock. Now merck has dropped five bucks in two days with the darn thing coming back down to 81 at its hideous lows, it was down nearly 10 from la
Ready to go. The Halftime Report starts right now. It is great to have you with us on this wednesday our Investment Committee today, joe terranova, jon and pete najarian, carrie firestone, kevin oleary, and also with us on set, Kathy Entwistle weve got a full house of advice today. Stocks on track to recover their losses from last week. Being driven by strong earnings from target and lowes target hitting alltime highs topping 100 bucks for the first time ever. Do we continue to bet on this consumer, carrie are there enough unknowns in the back half of the year to make you cautious its a great question and what the market has been telling you for the last year is that its a battle its a tugofwar between deal or no deal recession or no recession. Interest rates up or down. And do we put the money in the mattress or the market this week its the market. So if you have earnings growth, which weve been seeing this quarter, and the consumer is strong, people forget that we dont have a trade d
Ready to go. The Halftime Report starts right now. Welcome, good to have you with us this committee joe terranova, stephanie link, jim lebenthal, jon najarian, also on set mike wellson, Morgan Stanleys chief u. S. Equity strategist stocks are getting a lift with some big dow beats today, makes for an interesting setup with the fed just a week away steph, ill give you the first crack today. I was going to come in and say earnings have been kind of lumpy, and then you get guidance raises today, whirlpool, coke, lockheed, pretty good. I dont think lumpy, i think really good. Choppy . I think pretty good, especially if you go underneath the surface, especially today, to your point, not only is it better organic growth out of kimberlyclark, out of coke, organic. These are great, top line numbers. But also what ive been impressed with, margins. Margins are expanding. Take a look at Stanley Black decker today they have some challenges for sure, but they beat margins in every single segment yo
News drop . Plus a big call in the financial space just aheard of earnings and were holding the investment committees feet to the fire with the Quarterly Report the Halftime Report with scott wapner begins right now. Welcome, good to have you with us on this tuesday. Joe terranova, steve white, jon najarian, and richard sapperstein is here, high towerer ceo. Shares of apple on the move today, down 16 from its alltime high. Doc, your biggest stock position, people say whats going to get stocks to break out of this range, were finally starting to move that next leg higher apple hitting that new high wouldnt hurt. It wouldnt hurt. As they basically cross the billion sales number as far as units out there in the field, scott, a billion handheads out there, thats huge for apple in terms of the Services Revenue that pete is always harping about. The issue for me is also that a lot of the services theyre selling now are bigger services, recurring revenue, for instance, from like the cloud and