Advanced point 37 and indeed 73 after yesterdays nasty pasting. Its worth talking about why theyre suddenly piling back into these Growth Stocks with no hesitation. First, you may be wondering, cramer, who the heck is they . They are the money managers, the big ones on the day after a selloff like to take advantage of every dip to do buying because theyve gotten so few chances to pick up stocks at bargain prices of late. Many investors look at selloffs like yesterday and say, oh, boy, here it comes, look out, the sky is falling. They started out very bold, like, hey, im here, im buying, buy buy buy. My twitter feed. After that last wave of selling they were washed up, lifeless, like drift wood orn some god forsaken beach. Then, depending on their political orientation they blame President Trump or his opponent for making his market uninvestable. And im sure somebody took their bat and ball and they went home. To heck with this market because they cant see a way out of the dilemma our c
Sharply yesterday. Today a knock on gains, ftse mib leading higher in italy, 0. 89 . The german dax up 0. 3 . The ftse 100 up 0. 50 . Its maybe a focus on brazil, argentina coming into the discussion of late. Heres crude, up about 1 on wti, 49. 84. Brent up to 53 bucks. Nat gas up 0. 2 . The tenyear note at 2. 118 has moved up nicely. Now 2. 247. Youll take it in this kind of environment. And the dollar which has weakened substantially over the past couple of weeks hanging around 97 1 2. Its down about 0. 4 this morning. Finally gold. See how the yellow metal is doing. When will we add bitcoin to the board. Theres gold, down about 0. 10 . Good question what color is bitcoin . I think its gold. I have no idea. I thought it was an image of a gold coin. An image. It doesnt really have a color. Its a virtual theres all these other coins, theres icos now. Instead of buying a share of a company, you can buy a share of a currency from one of these cryptocurrencies. Well have one of our disrup
Miner and one of its top Power Generators talking about a 267r the could be worth billion. Rishaad noble facing another difficult day after its new york listed shares tumbled, it singapore listed stock at a 17 year low. Indeed, noble sure starting trading again, but lets start off with the big stories of the day. Sterling, the at election in the u. K. Taking place on thursday. What we have been seeing is that these terrorist attacks have not had that much impact when it comes to the polls, and indeed by influence, what is going on with sterling. Sterling has been beholding to the polls in a different sense. Show how as the labour party has been doing better in recent weeks, recent days even, we have seen of oars weakness for sterling. True when we had of course the pound weekend for the tories, so an inverse relationship if you will. It seems these terrorist attacks do not have a huge political implication running into that thursday poll. Side i suppose the other you could look at in t
Infrastructure. So i cant be evaluated until they do that in general. His approach is to lay out 200 billion over ten years in public money as a lever to try to get private sector money investment through tax credits, also get state and local money and democrats are likely to resist that kind of a instructionture of a plan, which makes it propmatic a because a lot of republicans arent that enthusiastic, theyre looking to cut the debt, so this is something thats as you indicated, overshadowed all week by the attention on first terrorism and the lond attacon s and the fight with the mayor then. Then the james comey temperaturtemperaturstimony, thats really blowing out of the Water Infrastructure week. Thank you very much in the nations capitol. One of the reasons we were so interest ed in hear frg the president today, wondering if he would make any Public Comments from the testimony yesterday. The president choosing at this point not soto do so, other thap in an Early Morning tweet in wh
Wage as power lunch starts right now. It is friday and we are in love with the stock market apparently because that big league jobs report has stocks higher and we should finish higher for the week once again the douby the way is now up more than 8 for the year some of your individual standouts today, you have the Home Builders as well as semiconductor and equipment makers lam research and plied materials. It is not all sunshine today sears shares down again. Announcing even more store closings more on that later on. Tyler . Thank you very much welcome, everybody we begin this hour with this first face to face meeting of President Trump and russian president Vladimir Putin in hamburg, germany beyond that meeting, so much to talk about steel, tariffs, trade, protectionism, climate, north korea. Ayman jaefrs live with the latest eamon . We are inside the hotel here in hamburg it was hairy on the streets here with the protesters out there marching against the g20 some rioters smashing the