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But now the chart master sees Something Different and hes ready to make an even bolder call the action begins right now. Lets get right to it. The tax sector just posted its best week since December Nvidia surging another 12 this week facebook up nearly 6 and hitting an alltime high today microsoft also hit a new high today, up 5 this week apple and alphabet have been on a tear so should you buy any of these names as we head into earnings season lets get in the money right now. What do you say . I think it makes sense to be careful at this point. Microsofts up 5 on the week, up 7 over the last couple weeks here, right at a new alltime high today so as we think about what are they anticipating . Theyre anticipating a good quarter and theyre anticipating good guidance. I think it makes sense to think about the bank stocks reaction today where there was some news about wha ....
Economic condition and possible fed actions in the future. You look like nervous. Im much more nervous, like yeah. Yeah. At work it will be eight or nine days away, but it can happen any time. I hope so. Im better than that. Lets talk about schedules. The committee will come to order without objection and they declare a recess of the committee at any time. All members will have five legislative days within which to submit extraneous material to the chair for inclusion in the record. The hearing is for the purpose of receiving the semiannual testimony and the board of governors on the Federal Reserve system on Monetary Policy and the state of the economy. I now recognize myself for three minutes to give an opening statement. Since we last convened to take chair yellens on Monetary Policy, headline remains low as does i ....
Test test test test test test test test test test test test test test test test test test test test test test test test. We can lower the Corporate Tax rate and get it to within shouting distance of our trading partners. Were a better place to do better because of transportation, because of safety, because of security, because of environment and all those things. But there is a point at which you run out of those benefits when you are talking about so much of your income being paid in taxation. I appreciate that point. Its an etch lexcellent one. I kind of lost my place. Consumption tax versus income tax. I come from the state where the author of the book called the fair tax comes from and hes on radio. If i dont ask some question about consumption tax when we have a hearing like this, i get chastised at home. How many of you are familiar with this . Whats your thought or do you have any thought about it at all . Mr. Mazur, start w ....
This point the nikkei ended flat. Hang seng was off just over 1 shanghai composite down as well. And in europe youre going to see at this point it looks like things are also in the red there. The ftse is the biggest decliner down by just over 1 you can see the dax down by 0. 75 if you want to check out crude oil prices, at this point youll see crude oil is up 36 cents 49. 92 facebook it is making a big bet on video. The social media site launching what its calling watch. Redesigned version of its video platform its going to be rolling out to facebook users over the next couple of weeks. It will include a mix of original content as well as live sports recommendations of what to watch will be personalized based on your interests and what your friends are talking about. This is facebooks latest push for tv ad dollars. Mark zuckerberg said video will be the largest driver over the next two to three years. A big push some people wont get it if youre on facebook now and go to look for it tod ....