Green all around in the yeartodate performance. We have seen a bit of a faltering in the past month or so, particularly in tech. Aggressive for equities, which have been the performer. If you compare them to bonds or commodities. Looking at the dow and s p, both up about 8 , despite the nasdaqs underperformance over the past month, up 14 year to date. Which came out strong out of the gate after the election have waned to some extent, up 4. 5 on the year. Over the course of 17 2017 thus far, all of the averages have hit records that one kind of one kind or another. In the s p specifically, here are the test performance stocks. We have this Pharmaceutical Company up 75 year to date, blizzard has been a big acquisition, 60 . Andthe invisible line align technology entered the s p 500 this year, a reason for that 56 gain, and wynn resorts bouncing back on more optimism casino return. And we have a couple of commodity producers here left, and aon the couple of retailers on the list. Macys ha
Green all around in the yeartodate performance. We have seen a bit of a faltering in the past month or so, particularly in tech. Aggressive for equities, which have been the performer. If you compare them to bonds or commodities. Looking at the dow and s p, both up about 8 , despite the nasdaqs underperformance over the past month, up 14 year to date. Which came out strong out of the gate after the election have waned to some extent, up 4. 5 on the year. Over the course of 17 2017 thus far, all of the averages have hit records that one kind of one kind or another. In the s p specifically, here are the test performance stocks. We have this Pharmaceutical Company up 75 year to date, blizzard has been a big acquisition, 60 . Andthe invisible line align technology entered the s p 500 this year, a reason for that 56 gain, and wynn resorts bouncing back on more optimism casino return. And we have a couple of commodity producers here left, and aon the couple of retailers on the list. Macys ha
Pen candidacy . We are 30 minutes into the trading day in the u. S. And we know that we have surpassed 21,000 on the dow. Abigail indeed, we have. We are looking at a big risk rally. All are trading sharply higher. And was just mentioned, the dow is above 21,000. The second fastest 1000 point gain. We have the dow having its best day since december 7. Lots of bullishness here. A continuation of the trump trade and the inflation trade. After the speech last night to congress, it was policy and detail light. So we dont have the details but the over idea but the idea of the overall reinflation trade. When we happen to the bloomberg , the top yellow line is the 1 move up and the bottom yellow line is the 1 move down. Yesterday was day 55 without a move up or down. The longest stretch since 2014. That here we are, up more than 1 so perhaps today will be the day to break that holding pattern. A stock that has brought record after record, today being another record. Up seven basis points. A h
The economy. In the meantime Hillary Clinton hoping to ride the coattails. They tell us who has the stronger argument. He said it wasnt a ransom. He believes the commander in chief. Brazil was set to take the stage. Will the athletes and tourists be safe from crimes, terror and then seek a virus. We are less than an hour from the closing bell. Lets begin the countdown. We are looking at the alltime highs. They rally with the weekly gain. Fifty to 18. The s p also looking at 2175. If we can hang on here looking like we can set some new records. It was pushed higher. Is having its worst day in 14 years. After its cancer drill failed. It is having its best day in seven years. You can set up 8 . Down nearly 16 . Also under pressure today the company cutting into outlook. Also said it plans to cut about 10 of its workforce. Down more than 12 . Having said all of that the market is up 166 on the tao. After reporting orderly profit it was helped by costcutting measures. And people eating lots
The biggest economic story since the financial crisis. Crude oil prices have plummeted 60 in five years, leading to massive layoffs, production cuts, 2016 brought relief to the Energy Sector with prices rebounding off of decade lows. Anthony the question on investors minds, what happens next . We welcome Legendary Oil investor billionaire Boone Pickens, chairman and ceo of b. P. Capital. What do you see going on with oil today . Its going up because you hit the low in january, 26. 19. Back up to 43 today. Yeah. Okay . Now youre headed, you hit the low, and when you went back and checked it, we went back to 26 twice, now youre going to go twice that in 12 months. By the end here, youll be back to 50. Anthony you think theres a lot of governmental intervention in the market, saudi arabia in particular, and opec driving that . Or is that fundamental supply and demand . No. Weve had five times, since 1980, we have hit a low, rebounded within 12 months. But four times the saudis, they balan