Of course nasdaq plunging 1. 76 . You have to be mindful we have to be on the lookout for whats called a whoosh or a crescendo of selling that causes a bottom. Usually intraday dont worry, im just putting you on notice. May not happen tomorrow, may not happen next week but it will happen if stocks keep going down like this and the bond market one day stabilizes and we are no longer fighting the darn fed, which we still are. One day that will occur. Not yet. But thats why you need to be ready with your Shopping List of damaged stocks, not damaged companies. Because theyre whats worth buyi buying on the way down you tend to forget about them while this carnage occurs i like to have objective my favorite is when they have down to up volume of 91. It means finally the bulls capitulate and theyve surrendered and therefore theres nobody left to sell which means youve got to do some buying. Now, todays a typically ugly day, not the kind where you get that whoosh bottom i like to look at count
Claman if. [laughter] ashley ill take the mcdouble any day, charles [laughter] hey, i tell you what, we love it. Thank you, my friend. Have a good weekend. Im ashley webster, of course, in today for liz claman. Welcome to the final hour of trade. Stocks, well, just a little mixed. Just over 59 minutes left in the session. The dow up, as you can see, about a quarter of a percent. On pace, by the way, for an 8day winning streak. Thats pretty good. The s p up about a tenth of a percent, but the nasdaq down a tenth, and the russell also down almost 1 . It is a mixed, muted bag, thats how were going to put it. But for the week, the dow, s p 500 and nasdaq all remaining in the green as rate cut optimism continues to boost buyers. Theyre not going to give up on that. Todays Economic Data though throwing a small wrinkle in that bullishness. As you can see, the markets this week all in the green, some modestly so. But you know what . Consumer sentiment fell to its lowest level since november as
Alphabet well talk about that. And thats one stock defying the selloff today. Youre looking at it, up 6 . Up 600 in a year. One of our guests called it a top pick so we invited the ceo to join us, and he will for an interview, just ahead. We begin with todays markets and the not so pleasant markets and dom chu. Not so pleasant, but a lot more pleasant than they were a couple hours ago take a look right now. What we are seeing right now is the dow down about 1 to. 25 the broader s p 500 back above the 5,000 mark it was below that level earlier this morning were off about three quarters of 1 . And the nasdaq, the epicenter of the downside, is down about 1 the nasdaq, 15,432 down 170 points to give you some perspective, at the lows of the session, the nasdaq was down almost 2. 3 . Now down 1 , so at least a dip buying at the time being lets take you to the epicenter trade, mega cap technology, the socalled magnificent seven type stocks the only one in the green so far today is nvidia. So
Tragedy. Iraqis hold funerals for victims of a fight as a wedding that killed 90. 5 people. Fusses that have been sent here by the state of texas. Are now picking up people filled with whole books facing uncertainties. The challenges ahead for mexican migrant sent a distance us cities cracks and the ice why gloss here is in switzerland, the disappearing more quickly than ever before. I am far as mount with this forest. Manchester city wont be winning the lead time this year. Have borneo is trouble. Winners have been jumped out as a competition, so i permanently bottles new castle, united. The so were going to be getting this news with the exodus investing condominiums from the going to cut it back. Cues of people are still trying to leave more than a week off to us a by john to control and a swift. Miller. Its a census. The leader of the going a car box has signed a decrease all during the dissolution of the self declared republic. All state institutions are going to cease to exist fro
Manufacturer three more names on board to report, including meta we have the story, the action, the trade into the print but we begin with dom chu with the numbers. Ty, todays bull run, at least todays bull run, trying to build on the last couple of days, is losing steam throughout the course of the late morning into the early afternoon session. The s p 500 is down one twaur quarter of 1 . So down 12, but at the highs earlier today, we were up roughly 19 points and down 23 at the lows of the session. So weve been kind of losing a little bit of steam throughout the course of the day. The dow down about 1 3 of 1 , 117 points to the downside 38,384 the nasdaq composite just about flat so outperforming so far, only down about ten points. Again, it was solidly higher earlier in the session the come poise it index at 15,686 some of the headliners today include some big upside movers on the travel and leisure side, hilton up about 4. 5 right now a good quarter for them, better than expected e