Highs if. The chart master says has even more room to run. First an historic week of stocks. All four of the major indices near record highs. The s p 500 and the nasdaq posting their fourth straight week of gains. We thought it would be a Perfect Little trade it or fade it names would you either keep buying or names that would you cut losses on. Lets check out the biggest winners on the do you. Cisco up 7 , pfizer, boeing, jpmorgan up 4 . Do you trade or fade theser . One buy, one save. Quickly. Quickly. I like boeing. Ive liked boeing for a while. It made an all time high today. Valuation, people say it is stretched. I disagree. The favorite is proctor and gamble. Too rich, too. Too fast. Not a high beta stock. A high had market cap stock. It is a huge deal. Doesnt this tell that you there is no Pricing Power . These guys are not going to top line. Theon way to do it. It is almost out of desperation. In p gs stock, this is 20 a share or so. I think thats the one you fade. Oh, he fades
And later, pete is pushing the buy button on one stock thats up 20 . He said it is just a start. He will give us the name and explain why. First, we start with the amazing run in tech. The s p sector locking in its 15th straight. It is up 5 over that period of time. A whopping 217 billion in market cap. The big winner, apple, alphabet, cisco, 16 billion and facebook not too shabby either. Can this run continue . What names should you consider adding to your portfolio . Or has it come too fast . Good to have you on board. Thanks for coming in. The month of february. It is hard for me. They can talk about some of the names theyve been talking about and write about for a long time. There are three names that come to mind. You a with big valuations. Look at the move in red hat since they gave lousy guidance. It has come roaring back. Now its up making the all time high. Another name, for years. Every time they report the stock sells off on valuation. Too expensive too, expensive. Sales for
Future. Now becky quick. We begin with distracted driving. The number of deaths from Car Accidents in the United States has hit its highest level since 2007, and the reasons range from higher speed limits to drunk driving. But there may be one other big factor. Phil lebow has more. Driving in america has become deadlier. The National Safety council estimates more than 40,000 people died in car a accidents last year, the most since 2007. It caps the steepest twoyear rise in auto fatalities since 1964. Some is because drivers are going faster as states raise speed limits, while distracted driving remains a huge problem. Ironically, highway deaths are rising even as new technologies like lane Departure Warning systems are becoming more common. But the National Safety council says some of the new systems are being ignored by drivers. There are happen tick warning, oral warning, visual warning. Some of these warning are confusing to drivers and some of them are the functionality is really n
This is nightly Business Report. Funded in part by all it takes is a spark. One idea to take flight. The courage to seek the unknown, to innovate, to disrupt, to move us all forward. To explore a different perspective. At nasdaq we connect the world, its ideas, its capital, its businesses, the people that drive global economy. The future isnt tomorrow. Its right now. All it takes is a spark. Nasdaq. Stocks fall hard posting the biggest drop of the year. Investors worry the gops health plan. Competitors stepped up the game in the very lucrative Sports Apparel industry. Secretaries acts. Why the new retirement may be to not retire at all. Those stories and more on nightly Business Report for tuesday, march 21st. Welcome. It was the worst day of the year. Investors grew skeptical about how quickly things can get done in washington. President trump was on capitol hill today to help sell the republican plan to overhaul the health care system. Concerns that the gop will not get the votes nee
Outrage. This time it involves a mother, her baby, a stroller, and an American Airlines attendant spoiling for a fight. Power lunch starts right now. This time baby ill be bulletproof happy monday, everybody. Im brian sullivan. As you heard your money is making you money. Today a nice rally for stocks. The three major averages having their best oneday gains in months. It wiped out aprils losses. Once again technology is leading, the nasdaq hitting new highs yet again. Financials a top performer. Bopped yields go up. And heres one notable stat for you, the etf that tracks the french stock market on track for its best day since august of 2012. All right. Here is what else is happening this hour. Another big week for earnings as you heard melissa and the group talk about, about 100 firms already reported so far. Of those 77 have topped estimates. Just 16 have missed. The Supreme Court, meanwhile, declining to hear gms appeal of a ruling that allowed faulty ignition switch lawsuits. Invest