Ready to go. Halftime report starts now. Welcome good to have you with us on this monday our Investment Committee is here with us. Chief Investment Officer at boston private wealth. Begin with stocks battling back heightened tensions in the middle east continue to drive trading. Watching gold, oil hit highest level. Weis, happy new year, havent heard from you in a few weeks. The question we have today, are the risks becoming too big to overcome this rally . I dont think so. I dont regard happening in iran as geopolitical risk a factor. Weve seen it so many times before markets have gone through it if oil has a sustained rally and moves higher, that will impact the economic picture particularly in europe i dont see that happening either were the large zest producer. We can measure demand to meet prices to me a bigger risk that just came out is bolton testifying in congress in the impeachment hearing. Youre reading news its literally just crossing the tape we might as well tell everybody
Resorts. Should investors roll the dice it is our call of the day. The Investment Committee is ready to go. Halftime report starts right now. Welcome, good to have you with us on this tuesday. Our Investment Committee here today, joe terranova, stephly link lets begin with this recordsetting market. The big downgrade for apple after the epic run, shares up 90 last year. Keeps hitting new record highs as do the averages, dow and s p at new highs today about this downgrade on a number of levels, apple specifically is there a message within that for other stocks that have had meese meteoric rises start with apple cramer said if you are not in the stock, dont buy it. Wait to see if earnings live up to what the stock has done. Makes sense i did something that was not disciplined. I bought calls yesterday on apple on the way up side the reason that triggered me was there was monsterous call buying when it was trading in the 290s there was massive when i say massive we dont see that kind of p
Expected to be signed tomorrow headlines injecting uncertainty on existing tariffs and after hittinga new alltime high, apple is now the biggest drag on the dow. Well have much more on why later in the show. We are up 50 points on the dow steve grasso with us for the full hour. Steve, todays session yo yoing. The bottom line though is the deal should be signed tomorrow and the rest of it we kind of knew. It seems like the market is looking for a reason to sell off. You have bulls that want a better entry point, bears that want to push it down and any headline that allows them to do that, theyre going to roll with its about china today i think its going to be about earnings coming up if you really look at where we are in the s p, the 3300 level is pivotal and if you look at earnings, if we fall short, the market will tank and thats a big word tank is a big word. Its a big worry when you say wheres the market going or where do i think its going, i think it will be legitimate to say a 7 t
And it just got a hunl buy call. Well debate in our call of the day. Halftime report starts right now. All right, welcome. Good to have you on this wednesday. Our Investment Committee, jon and pete, anastasia is the global strategist at jpmorgans private bank rich, one of barrens top 100 Financial Advisers we begin with the late e on the markets. Stocks are higher again hour the dow is barely holding on to a gain as are the major averages the nasdaq did a new record even as the house stands to impeach a sitting president for the third time in the history of this country. Well get to d. C. In a moment, but lets begin with the surge rick, you want to take a stab at the sector that keeps marching higher 70 is a new Record Facebook tops 200. Adobe. Nvidia, lamb research, all hitting new highs. Every investment portfolio has to have tech stocks its a part of the market and its important to have them for a lot of characteristics number one, theyre generating large amounts of Free Cash Flow.
Company. So that got us thinking. Will any of this years ipos be around in a century from now if so, which one should you buy . All that and more ahead. First, we begin with the countdown, the one that matters most to you and your money, december 15th. Less than a week away. That is when the next rounding round of tariffs go into effect markets seem a bit skittish on the news will the race to new records resu resume, deal or no deal, which is a different show. You sound a little hoarse, are you okay im fine. Spent some time on the airplane lately. A little hoarse i worry about you why are you glaring at me . Im not glaring this is how i smile. You look great. I really mean that. Im in the further downside camp i think that President Trump will pull the trigger on saturday night at midnight and hes going to go forth i think in his mind obviously i dont know anything, but in his mind hes got a lot of room in the equity market he sees the data out of china which has been miserable hes the