Street about the stock. Well debate. The Investment Committee is ready to go. Halftime report starts right now. Our Investment Committee at the table today, the Portfolio Manager at eaten vance. We begin where else . The market. Stocks have been ramping in the past 30 minutes, got above the closing high on the s p on a big day for the semis thanks to intel. All but hitting a new record, as well. Names like jp morgan, so many more hitting 52week highs today. We are about a point away from a new high. Is this the beginning of that longawaited ramp that weve been waiting so long for what drove the market was off to a decent start anyway and then the china news. Then the market went to hyperdrive. So if thats the case, if we have a meaningful agreement with china, we really dont know the details, that could, in fact, increase the trading range. So go through it. I thought there was a bias of the upside slightly. Some numbers are good, some are bad. Its very encouraging when you get a print
Earnings come in slightly above estimates but heres the kicker. Analysts slashing expectations over the last few weeks. Is mr. Dudley delivering for investors . German carmakers set to be closing on a deal that would provide hardware fixes for diesel cars. This could add as much as 5 Million Euros to the cost surrounding the scandal. Willis be enough for politicians and the public . We are not done with car news, are we . Matt no speaking of german carmakers and french, british and american carmakers, General Motors has completed its sale, closed its sale of opel and vauxhall. The french group that controls so General Motors closing the sale of german brand and british. Rand of its cars here very interesting headline coming across tsa, opel vauxhall, operating Free Cash Flow by 2020 and targeting an operating margin of only 2 by 2020, only 6 by 2026. Far asot so bad as european carmakers are concerned. Not luxury carmakers, i in used to the u. S. Margins of 10 , but that is with the gi