Gartmans says bitcoin investors will face the one thing has them beefing. First, you start with the nasdaq near record highs, the fang stocks leading the pack higher. But caution, this is the no fang zone, like the no school zone, but even better, because outside of fang, there are some other, scare we say even more lucrative opportunities. Other tech names are soaring. Square is up a whopping 67 . Tesla and ali baba up 40 , invidia is up 36 . Is it time to start betting on some nonfang tech zone . No fang zone . A food job with all these great, great for a tuesday, mel, well done. Yes, there are names you can invest in, in the no fang zone. I will give you a quick three. Red hat has been a name they just signed, another strategic line with Amazon Web Services a. Big valuation. Doesnt patz. They have a meat. Who you know who else has a meat . Adobe. Theyre reporting june 20th. The pattern has been, they report. Stock sells off, buy the selloff. Its worked for almost two. 5 years. I lik
Higher. Its about to get worse as a passenger forcibly removed from his plane says he is liking about to have legaling a. We have breaking news with the aptly named mother of all bombs were sent to wall street. Kayla is standing by. Reporter melissa, the president is wheels up on air force one headed to maralago hours halfthe white house dropped the mother of all bombs for the first time in afghanistan. According to department of defense, it was dropped at 7 32 p. M. Local time from a u. S. Airplane in northeast afghanistan. Just about two hours from kabul. It targeted isis tunnel complex of the set devices that operates in pakistan and afghanistan, but not the headquarters for that group, according to nbc News Pentagon unit. Nbc news says it took place in an isolated area far from civilians according to two military officials, general John Nicholson call at this time right munition for the mission that the u. S. Was carrying out. General nicholson was said to have the authority to act
And the only thing matters to your money and market this is week and that is two meetings. Bank of japan and the fed on deck this week. The question is simple. Is this the week Central Banks ruin the rally and what changes should you make to your portfolio in advance. The probability is very high that you do. And you have two different things. The transmission is the u. S. Dollar. So you have the bank of japan coming out tomorrow night, early wednesday morning. Lets they are going to do one of two things. They are either going for a Massive Stimulus Program and the dollar is going to rip, or they are not. And if they dont do something, then you have a lot of problems all over the place because they need something. Theyve got nothing. Theyve got a huge problem over there. I think the bank of japan is important. And i would argue they are more important than the fed because i dont think the fed will do anything. But how are they going to suddenly either go on a spending spree or a nothin
Haven assets. Gold rallying hard again today, jumping 2 , adding to this years gains. A big move in the tenyears. Investors start piling into the bond market. The yield back below 1. 8 . Are we seeing signs of the merge, and could it spell trouble for stocks, guys . Lets address each one of them. Utilities are doing well. Dans talked about it. People looking for yield. Lets back that one out. Gold has not sold off in any real way, shape or form over the last week or so, like it should have if in fact it were still in a bear market. The gold market is still intact. It feels like it wants to go higher. The bond market is a bounce in what was probably an oversold condition. We went to 1. 55 yield. Spiked back up north of 180. This rally in the bond market makes a lit bit of sense. I thought the encouraging thing was the fact that all the x gets under pressure. It feels like were putting a bottom in the oil market, despite the fact it went lower today. I think the ovx is telling you that t
Neighbors are saying this was a family feud with a bizarre twist. Now police are trying to figure out just how it turned deadly. Family members shaken as they learn what happened inside this home on east cambria street in north philadelphia. Police say a 60 year old man is dead. His 26 year old step daughter suffering from a hammer to the head. The twist, police dont know how her step dad died. Blood running downside of her head. Neighborhood robert was fixing his bike just before 4 00 oclock this afternoon when he says the young woman came running out of her home screaming. He hit her in the head with the hammer. Police found the man dead on the floor of his home with no visible injuries. Authorities say an autopsy will be conducted to figure out what killed him. Until then, homicide isnt being ruled out. Every other weekend they were fighting. Reporter neighbors say the family lived on the block for decades. Poland says the step daughter had recently moved out but was home to check o