Of u. S. Inventory. Its wednesday, november 6 Worldwide Exchange begins right now. Welcome from wherever in the world you may be watching. Im Brian Sullivan futures are not giving us a lot of help there. Flat to slightly down. They were up 10 a couple of minutes ago. We have a long way to go this morning. It has been quite a run for the dow lately nine stocks in the dow are up 10 or more in the past month and now 14 of the dow 30 are up 30 on the year. 3 m, walgreens and pfizer are the only ones down the neeld in the 10 year is 1. 84 Pay Attention to this. Japan, the nikkei slowly grinding higher. Now up 9 in 30 days 9 run, we talked about this about a month ago. Japan has had quite a run. In europe, no run. We are not seeing a trade theme here new this morning, Japanese Technology firm reporting a massive loss it has been hit by the following of two of the best bets. Wework and uber. Rahel joined us. Reporting the first quarterly loss now casting doubt on the ce os posting. A operatin
Someone thought there was a method to this madness we are back on the first floor you should watch this show just to see what goes on on times square take my word for it, there is stuff that goes on out there you dont want to miss you got to be 18 for some of this stuff we are ready to go. Brand new set. It is good to be here. We thank everyone for the love beautiful coloring and lights nothing was spared in terms of money for this. Look at this it looks like we are going to take off here. An elon musk designed set. We have that Federal Reserve Board Meeting coming up. Well hear that decision in a couple of hours. In the meantime, you are watching the futures dow indicated up by about 14 points nasdaq by about one point. Nasdaq up about one point. We touched a high yesterday and gave it back a little bit. Still looking at the s p a couple of points off the alltime high. Dow futures indicated up by 16 looking at the treasury market, still looking at the 10year yielding up to 1. 83 somet
Start the week even the dow the first record close in almost four months. Is this a breakout or a fakeout, pete it certainly feels like a breakout and when i look at the options world, we see nothing but huge buying right now. And weve seen it kind of moving in towards this in energy, in some of the financials but today it was the emerging markets. And dan and i talked about this months ago they were buying the eem, 250,000 in a single print and 30,000 here, 30,000 there. Fxi the same sort of story so it seems like everybody is planning for a breakout. Volatility shocked me, by the way. Its still trading right aurnd need 13, like 12. 5, its amazing to me with the market weve got right now that people are feeling so comfortable, maybe too comfortable. So comfortable in a riskon sort of mentality. Im never comfortable whats the title of this game, breakout or fakeout thats the title. Breakout. You believe in this rally you have to believe the s p 500 is making a new high almost every day
Line with policy decisions with Market Expectations. And tech leading the charge with apple high on the back of bullish markets that are higher. S p up 1. 2 . Dow is up 232 points near the session highs joining us, mark tenler. Mark, trade was the mover as it was yesterday. More of it, day after day, the thing that continues to drive the market is the most recent news about trade. So, yesterday, there was less optimism about there potentially being a deal the market sells off today, theres less optimism, so the market rebounds but nevertheless, were stuck in this trading range of 28. 25, and 30. 25, right and i think its very unlikely that we break out of that range unless and until we actually get a trade deal and i think the likelihood of us getting a broad deal is unlikely i just dont think thats going to happen. It all depends what that narrow deal looks like. Or the october tariffs removed if theyre removed for good, thats bullish forponed all that great. Lets focus on the big sto
Unable to support it because it wasnt beneficial to the economic well being of Northern Ireland and may undermine the integrity of the union. There had been positive noises from conservative hard brexiteers who voted against theresa mays deal, although they said they wa nted mays deal, although they said they wanted to see the final text first and there is a risk the dup position might put some of. It is hugely concerning, if one part, the dup, are unwilling to support the aspects of the deal that borisjohnson is negotiating with the eu that affects Northern Ireland, there is a question as to whether that complies to the good friday agreement when it comes to consent. What is coming out of brussels is that he has actually managed to negotiate something that is even worse for our negotiate something that is even worse for oui economy negotiate something that is even worse for our economy than what theresa may had put forward. We are talking about an act of economic vandalism which would