You are looking at a live shot from the white house we show that to you because in about 90 minutes, expected around 6 30 eastern time, the president will hold a News Conference on the outbreak we will bring it to you live as soon as it begins. Of course we have a special markets in turmoil coronavirus outbreak all joined in one hosted by the great Tyler Mathison in the meantime, were going to get to the macro market, but we want to begin with breaking news on one of the Biggest Companies in the world, microsoft, warning its windows unit will miss guidance for the quarter because of, what else, concerns about the virus. This is the latest company to cut guidance due to the outbreak microsoft shares down 1. 3 in the after market i would imagine that we had a few united and others, we will probably have a couple hundred more of these is my guess. Mastercard was a huge one as well listen, microsoft on january 29th gave guidance, and this was one of the things. First of all computing is pr
Uncertainty. Coming in below estimates. Oil making a move higher for a change today, snapping a fiveweek losing streak, turning in one of the best weeks of the year nanny taylor is here welcome to ladies hour here. Girl power. You say tech is the key do you mean fang or something broader . I mean something broader than that we started to see the Economic Data ticking up, yet local p miismt its mi is moving up, small by, Chinese Consumer precoronavirus. So we have to see what is going to be the impact, farreaching impact i think thats good for stocks so i think stocks are less risky. So were looking at tech as if it doesnt work, nothing works right now the total confirmed cases are topping 64,000, the total death toll is nearly 1400. In the u. S. There are 15 confirmed cases with eight of them in california Many Companies are continuing to speak out about the impact the virus is having on their bottom lines. Today british drug Maker Astrazeneca reported quarterly results, warnings a hit
Sure hope it z whidoes while we wait for that, the numbers hospitalized in china and the number that are released and die. Its going up to 20 of the nasdaq is up 2 that is where we should rollout our game plan for next week. First off, as you know, were closed for monday for president s day. China is very much open. I fear another awful set of statistics i dont know why more people arent investing in this they want people to go back to work they dont want to let people down so it cant be too discouraging. The whole world is hanging on the numbers. If this outbreak gode badly, it could turn into a crisis for the globe. Youll have executives fearing for their lives. Thats right, their very lives the infections will keep climbing and again, remember what i said from the very beginning. No one listened to me. Trust no numbers out of china. Dont trust them walmart reports. This comes with an Analyst Meeting this time. I heard a bunch of people predict this week that the quarter might be wea
Wall street. Thats clear. The dow clod at a fresh record today. The s p eeked out an alltime p high,ting it on track for the best year in two dades. Today the d gained another 23 points. Now at 28645. The nasdaq slipped a bit its peak but still above 9,000. And the s p rose byce 11 s. And it nachd its fifth straight week of gainsow much of the focus this ek has been on the Technology Sector with the nasdaq breaking through 9,000fare the first tim yesterday. We told you which stocks helped power to that level. Tonight dominic chu looks at the stocks that could take it high sfleer stocks like microsof facebook, apple and n individually have pushed the ds nasdaq to outperform over the major indices. If the bullish trends in markets continuing into 202 which nasdaq stocks are expected to do the heavy lifting . Since the nasdaq is a market valt weightedde the Biggest Companies have most influence over performance. Among t biggest names with market values of at least 100 billion, a handful a
Shareholders covered too, with a plan to squeeze a little more juice from the most widely held stock. Its time to risk less and make more options action starts now. And welcome, everybody. Im Tyler Mathisen its the story of a day. A u. S. Air strike takes down irans top military leader the attack sending jitters through the market oil prices up 3 , to the highest level since last april todays move was not off the charts, it could point to a bigger breakout coming carter spotted Something Like this just a few weeks ago. We have now moved above that down trend line. Thats exactly what industrials look like and banks, same down trend before they came to life this will not come to life the way banks did, industrials, but it has the elements of legs here i think you want to be long xle. The whole group, even though it isnt a group. Its only a handful of stocks. Energy stocks did not exactly follow crude higher today, but the chart master still sees a comeback ahead for 2019s worst performer