Welcome to new york. Its been waiting for you. Welcome to new york. Welcome to new york. Welcome to new york. Its been waiting for you. Welcome to new york. Welcome to new york. Lauren welcome to fbn a. M. What a shot of times square, getting ready for the big ball drop today. Thank you for joining us, im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren final trading day of the year e investors are looking at what could be the best year in six, even after yesterdays selling, dow up 17, nasdaq up 4 andahalf, volume expected to be light today. Cheryl asian markets, they have closed the books on 2019. Thanks to progress in the u. S. China trade war, the shanghai index had the best year since 2014. The nikkei, kospi are closed. The shanghai, slightly higher. Hang seng under pressure. Lauren in europe we have red on the screen. The ftse is down 1. 1 , the German Market is closed. Cheryl lets take a look at how the major averages performed over the last decade. Look at this, f
Deal. Markets pointing to another record high. Weve got gains across the board with the major indices once again in unchartered territory. Dow futures up 23 points, s p up 2, and nasdaq futures higher by 9. Impeachment standoff, that continues this morning. Congress is headed home for the holidays. But democrats are holding up sending the articles of impeachment to the senate. The battle focusing on witnesses now. What happens now . We are digging in. Then the force not so strong this time around. Star wars, the rise of skywalker number one at the box office in north america but falling short of the last two films in the trilogy. Mornings with maria begins right now. Its christmas time and weve got the spirit. Jacks for chilling. Thats what christmas is all about. The time is now. The place is here. Maria weve got christmas rapping going on this morning. We have a big show. Good morning, everybody. Joining the conversation, the director of Equity Research at cfra, ken leon is here. Pol
And joining us now to see what 2020 has in store is managing director, victor anthony, and Portfolio Manager at needham growth fund, Chris Retzler good morning. I look at the tech stocks that did the best this year, a lot of them were kind of underdogs, roku, top of the list coming into the year, people talked about netflix would beat up on them this year, the narrative seems to have shifted. Apple is another one people thought apple would have a bad year not only trend wise in tech whats important in 2020, are there underdog names you particularly have in mind . Victor well, mostly on small cap large cap, i see amazon, alphabet, google, facebook continue to outperform those arent underdogs. Are they no. Angies Home Services which underperformed significantly in 2019, i think another one, comscore, unforeseen event, management departures, outperformed significantly Online Dating app, the meet group, meet glad it is spelled that way different kind of stock if spelled another way. Up abo
Through a revolution what will 2020 bring and what names should you buy were going to begin with todays markets and bob pisani at the New York Stock Exchange. Happy new year. Listen, joe, we are way off of our lows lets take a look at the major average. All three of them still down, yet things are moving in the right direction. Apple turned positive. Nasdaq down here today dow industrials, youll see theyre down 95. S p we were 3216 was the low there. Take a look at the s p 500 essentially the lows were at 10 00 a. M. And buying came in. Its not heavy buying. The volume is about average for a day. But remember, this is supposed to be a very light volume week, so even average volume is better than normal. What has been weak in the market were way overbought, so big momentum names would be selling off. So semiconductors, Home Builders have been really strong, tesla is weak. Master card and visa, big momentum names, all of this makes a little bit of sense when youve had the price runups wh
The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large cap tech has done unbelievably well this year. Or if they own individual names. If you own apple, youre up almost double. Now