Nasdaq sank. We keep getting hammered by in sesant woes and worries about the economy even as we give a pass to the companies that indicator to the strong cumer, or just putting this out there, will we come to a realization that without some sort of trade deal with china, or at least mexico and canada, that this market is going to be headed lower, no matter what . I fear it will actually be the latter, because the strength in the stock market earlier this wee week was so broad, that the less lift you get from nabaf . Nabaf only works when stocks are going down like the bank stocks were going into this week. If theyve already run, nabaf doesnt offer much protection. Theyll need to deliver better than expected numbers and thats hard for companies to do in this environment. With that in mind, let me walk you through the game plan for next week. This is cramers game plan, its the only game plan that matters. Halliburton reports early monday morning. We call this one hal, and im not a huge
Launches. Tv googleour top story, agreeing to buy fitbit for 2. 1 billion in cash. Taylor San Francisco blockchain the fitness tracking Device Company jumped on the news. Will week is wrapping up. Divina. Ned by garrett there is still a lot of skepticism around the world what does fitbit know about about blockchain and cryptocurrencies. Here to break it all down and hardware and software and health that google doesnt . Tell us all about it is the garrett a good question. Firms head of research. Google has been rumored about yourt to talk about what talking about a smartwatch. Firm is. On your website you have it very clear picture of solving the scaling issues of going and the but the operating system has been a collapsed and is not as Security Issues is that how you popular as android. What they are doing is saying lets buy fitbit and double our business from that and build our business from that. Fitbit is seeing its third annual year of sales decline. Why is it an attractive choice
Care names among those moving higher, mckesson, amer source better again, centene, seen some of them on a tear following news theyre in talks for possible 50 billion or thereabouts settlement related to Opioid Lawsuits Health care versus technology and whats happening with other names, it is an interesting proving point as markets are near record high levels whether theres more momentum. In the past week or so, more trade headlines, not just between the u. S. And china, and brexit this morning, moves more sensitive sectors in the economy. Semiconductors, home builder Stocks Health care you want to keep an eye on, carl back to you at the New York Stock Exchange to everybody, good morning it is 8 00 a. M. At netflix headquarters in california, 11 00 a. M. On wall street. Squawk alley is live. I am Carl Quintanilla with Morgan Brennan and jon fortt at the post nine. We start with netflix, another miss on subs well off session highs mark mahaney joins us to talk about that with Julia Boors
Trade impact on the economy. Lets look whats driving the action britain and the eu coming to a brexit deal although Boris Johnson still needs to win a vote back at home. U. S. And turkey agreed to a ceasefire in syria and despite ibm the overall earnings picture remains strong with beat from netflix and Morgan Stanley leading the market hire. Were happy to have stephanie link here. I know youre pretty upbeat. So far so good. There have been good reports from csx, from honeywell, from United Airlines jpmorgan, Morgan Stanley. Those have been rewarded also other earnings that have just been good enough. United rentals we talk about positioning, people are not positioned in industrials or health care those two sectors are leading the market today is that why we are where we are. People have your view earnings are good enough . Some are good enough but some are good the best earnings picture was johnson johnson. We also had a lot of health care you entitle e United Health expectations if t
Friends again, a meeting one year in the making the president meeting Mark Zuckerberg and tweeting out a picture. Two new Companies Get ready to make their mark. Worldwide Exchange Exchange begins right now getting you going on this friday morning good morning, good afternoon or good evening, i am Brian Sullivan we have some is live pictures right behind us here look at that, it worked. Apples Flagship Store in london where doors opened about two hours ago. Everybody rushing in, in the very polite british way of course well have a live report from there in just a moment first, lets get to the markets and your money here is how they are setting up your day futures are higher now by a staggering 7 points. It is early, this number tends to change. We are less than 1 from alltime highs in the s p 500. Yesterday, the s p 500 came within six points of it. The magic number, if you are counting at home, is 3,027 on the s p 500. Bond yields, slow there. A lot to do, we are at 1. 77 on the 10 ye