Its now great when you see every single day, whether its bank of america or jpmorgan or Goldman Sachs and you start looking at other areas like boeing and microsoft youre not touting the Bank Earnings as being great . Oh, come on. Cocacola, at t, ive got you. Are they near the top i think theyre near the top yes, they are. Highest close since 07. Im in your corner, buddy. Were getting the facts and the facts are beats on the earnings side and revenue side and with few exceptions, this has been outstanding so far. We still have a lot to go. You with them im with them theres the socalled wall of worry out there. I dont think it exists. Theres complacency. I agree with that. The question is, what do you do with that in terms of your Investment Outlook you cant plan for that black swan event sure, you take out protection. But im not sure that the vix needs as much now as it did in the past heres what you do find the best companies you can and you go long. Sure, you go long on valuation on
Power lunch starts right now welcome to power lunch. Im melissa lee. All three indices are hitting record highs dow is up by 93 points s p up by 1. 5. Nasdaq adding about 9 here we should note that the strength of boeing leading the dow and accounting for 120 points, hitting an alltime high, its boeing best day since 2009 this comes on the back of very strong earnings. At t posting strong gains following positive results amazon, expedia and akamai at a low and ibm at a sixyear low. Brian . The markets and the fed are where we begin today the fed is expected to leave things unchanged how hawkish is the key for you and your money as President Trump tells the wall street journal that he hopes chair janet yellen will keep stocks low for the foreseeable future stocks once again are higher Steve Liesman following the action in d. C. And bob pisani tracking the markets at the nyse is this all about Balance Sheet reduction conversation or do rates still matter youve got that right there is a s
Lunch. Happy friday. Im melissa lee. As brian mentioned markets seemed to be shrugging off the weak jobs report and Geopolitical Uncertainty out there. Three major averages Holding Steady and all three in the green. We are watching oil rise to onemonth highs. Gold fivemonth highs following the u. S. Air strikes on syria. Movers were watching, dominos is down 4 , on pace for its worst day of the year. Dpz could see below consensus sales growth. The Cloud Company upgraded to an overweight from a neutral over jpmorgan. Tyler . Thank you very much, melissa. Im tyler mathisen. Welcome. Here is what else is happening on this busy news day. Republicanled senate today confirms neil gorsuch as the next Supreme Court justice. The move restores a conservative majority on the Nations Court and fills out the bench that had been a person short since the death of antonin scalia. At least three People Killed in central stock holm when a truck crashed into a store. Ent president xi jinping walking on t
Customers, facebook is finding out what it means to be a hardware company. Yes. On Major League Baseballs opening day and today as well, rob manfred will join us at post nine to discuss ticket prices and a lot to talk about. It will be a very interesting conversation. We want to start with tesla. Shares are popping today on reportedly strong early demand nor the mass market model three car. Phil lebeau has been following the figures from a tweet storm of elon musk. What do we know . A big three or four days for tesla and elon has been tweeting and giving us numbers on the amount of reservations placed for model 3. At the end of saturday night, 276,000 reservations, likely much bigger than that now but we havent gotten an update from tesla. The base price for model 3, 35,000. That means if they only sold 276,000 at the base price and we know they go for much more, they bring in 9. 6 billion when those sales were completed. By the way, model three deliveries start in 2017, by then it wil
And twitter scoring a major streaming deal with the nfl for thursday night games but julia reports the nfl did not sell to the highest bidder. Perhaps it has something to do with twitters cfo formerly being the cfo of the nfl. Well see. Well have the details coming up. Tonight a crucial primary in wisconsin as you know where front runners donald trump and Hillary Clinton could see big losses. Which candidate could have the most positive impact on business, we have john paul joining us to talk about that among many things with john paul. Were looking forward to that conversation here. You wont want to miss this conversation, a former bailout czar now taking aim at the big banks. Im the guy who bailed out the banks. Remember that . The 700 billion t. A. R. P. Program. I was the person put in charge of that program. We remember, Neel Kashkari, why he making a public push on too big to fail banks. He only took over the minneapolis fed january 1 stt and already making waves in the month of