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Full force remember this name game stop, its shares are surging after famed meme stockholder Roaring Kitty posted for the first time in roughly three years. Busy day, i guess, huh lets begin thats not fair, sorry. Lets begin with the market setup. The dow is ride ang eightday win streak investors crowd into soft landing trade ahead of crucial inflation data. Okay. That makes it sound like if the datas bad, theyll crowd out. Ive been watching the stocks are going up. Its not the ones that are on profit going up. Theyre going down whats going up are the Profitable Companies we keep seeing that. David, i do think if gamestop is the leader today, that would signify perhaps the expectation lative peak, and i didnt know we were in a speculative hike. Im not sure we should draw too many conclusions with what may happen at gamestop, but its fun to look at an old name we used to ....
It or not. Today, down just a little bit. Only about 1 , though, from its alltime high at 39,438. Looking at s p, its down very slightly and nasdaq is up a little bit. We are watching big tech as open ai which is out by microsoft, unveils a new model in may team up with apple to put chatgpt on the iphone. 2 in this. Microsoft and google which has its tomorrow is down fractionally. Roaring kitty tweeted for the first time, on x, for the first time in three years. That sent game stop, amc, and blackberry shares higher. That is fundamental investing. That is right. If you are wondering whether policy was too tight or too easy, i think that your answer was. Hosting with us this whole hour, contributor, will come to you. Lets talk markets. Are we overvalued . Are we do for something in the form of a correction . I think we had a little mini correction and now all of a sudden, we got eight days in a row. I think we really went through earnings season. Earnings were stronger than people expec ....
Are watching that as well. Eagles. I feel great. I feel really confident. Well, if he is confident, im not i am too. Are you though . What a horrible game that was, yesterday. But at least it was freezing cold. So we know who we are going to play in a couple weeks, we will talk to, g. Cobb about that. Good day, everybody. What are you doing. I have a little confetti left over. Good morning, happy new year, mike. Happy new year to you. We can say it all day long. Happy new year. Just dont text it. I feel like you get a million text. I dont want to be rude, but with the texting thing now , i mean people i barely necessity are texting happy new year but appreciate it too good day, everybody it is, january 1st 2018. Do you remember when you had to remember, back when we wrote checks. I still do write checks because i dont like everything auto in the bank account. You have to cross it out or rip it out. Well, seven is easy, just put an eight on a seven is easy. So, this is, good day philade ....
Also, on twitter, we are using at cspanwj. Ouracebook, we posted question already. You can also email us. We can get to your phone calls in just a moment. The news report yesterday, the jobs numbers from the labor department, the first friday of every month am a we are halfway through the year and the numbers are staying the same in terms of the unemployment figure. But the number of jobs made are taking up. News reporting throughout the country and on various websites and newspapers around the country. The headlines so the latest reading of an Economic Indicator was a positive surprise. So over the last three months, we are averaging about 200,000 jobs created per month, a revision from the labor department. As we mentioned, we posted a question this morning on facebook and we will get to that in a moment dream here is the headlines for saturday. Wall street journal they have a couple of stories, one looking at what the fed r ....
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