U. S. Road map begins with stocks poised to rally at the open, boosted by rising global trade optimism, those earnings we mentioned from coke and utx, ceo of coke will join us today. Fiscal crisis averted the white house and congress striking a budget and debt ceiling deal. And lobbying for huawei restrictions release the ceos of qualcomm, google and intel and other tech giants make their case directly to the president. Futures are higher this morning on the heels of a number of better than expected earnings. Three dow components also cross beginning with coke. Shares higher after the Company Beats the street, raises organic revenue guidance and utx beats on the top and bottom lines. Mixed bag for travelers. Earnings fell short but ref new be beat coke seeing organic revenue five versus the prior four. Doing such a great job. Doing it with coke zero sugar which happens for quite good tasting. Doing it with water. Hes doing it with those small formats. Whimsical. Hes doing it with bette
Agenda targeting what they call corporate monopolies and apple and the rock, what that Partnership Means for the future of content well start with earnings. The heaviest week of earnings season begins this week. 13 dow components. 180 companies are set to report. You can see the list right there beginning with google but all week long, mcdonalds, caterpillar, three of the fang names are this week alone. This is a week where it is one of those where i urge people to understand, its going to happen so fast you cant keep track of them. There are some, tomorrow morning, caterpillar, mcdonalds, wednesday night facebook is going to be gigantic because people have been buying that stock endlessly were coming into a week where the large cap stocks have almost all been up. Talking about united health. They were terrific if you get the same thing youll break out here you will break out only wednesday when the fed announces its bond disposal it stands in the way of what i think could be pretty fo
Weak ahead of the jobs number tomorrow. A handful of ugly misses, store cuts and outlooks, macys, kohls, l brands all moving low sgl er. And market slipping away from 20k. A day of record auto sales. And trio of news to get to on apple, the app store and a new 1 billion investment from that company. Were going to fill you in. But first up in about a half hour from now the Senate Armed Services committee will hold a hearing on Cyber Threats against the u. S. Sparked by allegations that russia engaged in hacking to influence the u. S. Election. Committee chairman john mccain favors creating a special committee to investigate russia while president elect trump has expressed obvious skepticism about the russia hacking probe. Journal today reports the president elect is working with top advisors to revamp the office of the director of National Intelligence which is this nations Top Spy Agency created after 9 11, guys, to sort of coordinate intelligence from various officials. Question is wh
On what crossing this milestone might finally mean. We sat here a few weeks ago. Right. We got within a third of a point. Ill tell you the difference is the way you cross it. I mean, when we got there last time, i think a lot of people felt, wow, all these stocks are so stretched. Its really the banks that are doing it and thats not sustainable because banks have gotten way ahead. You look at the charts. And most of the of the good numbers that were in are more animal spirit driven. This is the biggest week of earnings, big week of earnings last week and were putting together a proctor, an american express, we look at ibm, 3m, which i know some didnt think was that great. It was fine. We look at United Technologies and boeing and say, geez, these are companies doing pretty well. So maybe its not all smoke and mirrors. Maybe its not all animal spirits. Maybe its not all trump inauguration. There was also a tremendous short base put in because people felt like no matter what happened its
Speaking of d. C. , as President Trump closes in on 100 days, not getting a boost with this market rally. Thats nnenergy. Its the worst performing sector. Theres a debate on whether its time to buy the losers. Meantime, we got a whole in fact, this would be the busiest earnings week in a long time, but its kicking off tonight, we got alcoa, express scripts, and tmobile reporting. John legere is here as soon as results are out. Of course, john, a colorful interview. We look forward to the comments coming up. John legere, jim cramer together. Fire. Payperview if anything. Beginning with wall streets rally, driven in by the French Elections, results there, showing the leader now going into that final election coming up in two weeks, bob, and michelle is in. The market is holding up, all the european banks rallied. Deutsche bank up 11 p close 20 a 52 week high, its amazing. Come over here. We are having huge numbers of stocks with 52 week highs, close to 250 today. Industrial stocks like 3