With the smallcap stocks. Joe em stocks up over 1 . Not a dramatic outperformance but they have been over performing for quite a while. Scarlet lets dive deeper into the action with our market reporters. Abigail, what are you watching . Abigail not participating in the risk on rally and record highs, bitcoin. 15 day chart, down 14 out of the last 15 days. However, today it appears as though bitcoin is maybe trying to stage a rally. Below 7000 as the technical side suggested for quite some time. Trying to hang on by a thread. This is a multiweek decline. In the context of a weekly chart. Over the past few years, a beautiful uptrend for the most part. ,here is the bitcoin bubble 20,000, then going below about 4000. Right now, hitting down over the past couple of years, right around 6400. If these levels can hold, maybe we see a brief bounce back higher. These levels suggest maybe we go down to that average below 5000. The longterm message is bullish for bitcoin. Nearterm chop. Taylor i w
The grease fiveyear bond should price sometime today. What will that price be . The vix lower on the day. David time now for your morning brief. General motors and caterpillar will release their earnings later today. The home prices for may will be out. And we will get july Consumer Confidence data. Alix thank you. Companies in the s p reporting this week. Here is where we are stacked up so far taking a look at sales and Earnings Growth. Top is sales growth. The bottom is Earnings Growth. Blue is technology. Orange is the rest. Much google today. They are getting hit by 2. 5 after disappointing some investors in terms of revenue. Here is what the coo had to say. We are obviously happy with the ongoing strength and advertisement revenue, particularly in search. We continue to drive user adoption and engagement with mobile devices. Build bettero expenses for users and advertisers. We see increasing contributions from growing nonadvertisement revenue businesses. L trying us is pau google