Discussions on the steps that could bring a 1. 1 trillion omnibus spending deal to a vote. You can see people starting to trickle in. But this is the committee where they look at policy, and they decide whether it should move forward. Budget director Mick Mulvaney just finishing up an emphatic defense of the 2017 deal, saying it was the democrats who wanted a Government Shutdown. But its the commander in chief who took to twitter hours ago warning the government needs, quote, good shutdown to fix the mess. It all comes as investors and ceos wait on tax reform and a fresh reveal of an obamacare replacement, both still simmering on the front burner. It was right here on countdown that that man, congressman andy harris, predicted that the Gop Health Plan would come back to life. Hes a member of the Freedom Caucus, hes a surgeon and, yes, we are ask the we will ask the burning question, will people with preexisting conditions be covered or be left out in the cold . The president and ceo of
Well explain. One young stock has gone parabolic. There is something to suggest the run might be done. Heres a hint. The action begins right now lets get right to it. Retail is on pace for its worst month since january last year t. Retail atf thanks in part to a deluge of disappointing earnings like macys, dicks nordstroms, j. C. Penney falling double digits. Walmart is up 5 . Could these names like these be Bargain Basement buys . I think they could. You mention walmart. Their performance up 14 of the year is double that of the s p 500. Its obviously pretty impressive, especially relative to the xrt down 7 , though, target, to me, i think there is a couple seismic shifts going on in retail. I think its important to remember that last year in 2016. They had 5. 5 trillion in retail sales. You say its a wrecking ball. There are other things going on there, too. Amazon had probably less than 100 billion in u. S. Retail sales. Amazon up so much, obviously, walmarts participating. Target co
Hint. The action begins right now. Lets get right to it because retail is on pace for its worst month since january o last year. Senging more than 4 since the start of may thanks in part to a deluge of disappointing earnings of names like macys, dicks, and jcpenney. Could these name, could names like these be Bargain Basement buys . Lets get many the money right now, tan. I think they could. You just mentioned walmart. Walmarts performance has doubled up. Obviously pretty impressive relative to the srt. You mentioned tar get. Thats the other one. Ily are a couple of obvious seismic shifts going on. I think its important to remember that last year in 2016 u. S. Had 5. 5 trillion in retail sales. When you think theres other things going on there too, amazon had probably less than 100 million in retail sale. Theres lots of potential sales. Obviously walmart is participating, target could be one of those names. Hi think some of the other big box retailers, theyre down an awful lot. Theyre
Might be done. Heres a hint. Lets get right to it because retail is on pace for its worst month since january of last year. Thanks in part to disappointing earnings from maysies, digs and jcpenney. There were a few bright sports. Walmart up 5 , target 3 . Could names like these be Bargain Basement buys . Lets get in the money right now. You just mentioned walmart. Walmart doubled that of the s and p 500. Its really obviously impressive, especially relative to the xrt. You mentioned target, though. Thats the other one. I think there are a couple size mick shifts going on in retail right now. Last year u. S. At 5. 5 billion in retail sales. When you think about amazon, there is other things going on, t too. There is a lot of potential winners here. I think a lot of those other stocks, Department Stores are down an awful lot, pretty oversold. It is a tough trade. The s and p has support at 40. The biggest distinction between the targets and walmarts and world versus the Department Stores
The Company Needs to do to keep the stock soaring. We start off with netflix. That stock is taking off after hours to an alltime high after crushing earnings expectations for subscribers growth lets get to Julia Boorstin for the latest details. Reporter melissa, netflixs investment in original on tent is paying off driving the company to beat on the top line and with that all important subscriber number. Netflix added a total of 5. 2 million new subscribers in the Second Quarter thats 2 million more than the Company Projected in whats a seasonally, usually a seasonally slow quarter the companys also projects better than expected growth in the Third Quarter as well. Saying it expects 4. 4 million new subscribers in q3, thats nearly half a million more than wall street was projecting so, whats driving this growth its content lots and lots of new content including 14 new seasons of Netflix Global originals, such as 13 reasons why, and stranger things. 13 original comedy specials, six orig