Surge, what can you still buy in this market . Tim, ill kibblic it off with you today buy the charts that are stick kicking out. Theres no fundamental reason why u. S. Steel should be up 80 this year except people are pricing these guys to go out of business. While the s p is grinding sideways, and we can make a lot of technical arguments and fundamental arguments, you can see they stocks that are breaking out. Oil closes above the 200day. That to me is very significant. We have talked about that in the path. Until it did that, i know, dan, for you that was a problem. Are you a little worried, though, they have this high debt load. It seems like these are not exactly the ones that can continue to work on momentum, but fundamentally not exactly the names up to chase. I would look at some lag guards if the market is going to break out, which ive been very skeptical about. Ultimately it will be because were in a better place. That means that the fed is going to be more hawkish, then you w
Messenger for business. Listen. Today were launching messenger platform. You can build bots for messenger. Its powered by Artificial Intelligence, build Natural Language Services to communicate directly with people. If youre confused as i am, facebooks head of messaging will join us in an interview to explain it all, david marcus. Lets get started with the market despite the rally, there are a few stocks seek being seeing major weakness. Alcoa, you talked about that last night after unofficially kicking off earnings season yesterday. They had a miss on revenue. Network gear maker juniper under pressure after lowering the guidance late yesterday as well. Michael santoli joins us from the alcoa poster on the floor. What does this for tell for the broader earnings season . The big question is not just how bad but whats the guidance going to be and has the market taken a count of how rough the past three months were. Were expecting a loss of about 9 in terms of s p 500 earnings per share a
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It was only a matter of time before something paranormal was reported from the Russian invasion of Ukraine and the first incident will be hard to top – real
It was only a matter of time before something paranormal was reported from the Russian invasion of Ukraine and the first incident will be hard to top – real or otherwise. At about the time Russian troops entered the Ukrainian city of Kherson, a small number of websites reported that an “ancient space ark” buried