Sitting out the dow on the unending run but chart manafort carter worth thinks its about to change. What is is the chart send in your guess we start with you guess to do new records. More records on wall street. Stocks really in uncharted territory nearly every single day now. The s p 500 closing out the best week since Early September and fun fact, today was the biggest volume day of the year. Stop. Quad ruple but things can be scary at the top accounts are going up. And the question you ask yourself and us, how do i position myself as we enter the final trading days of the year and next year when guy its not just about this year its been a heck of a eight, nineyear run. A lot of people thinking do i need to protect myself a bit on our portfolio has done well. Hi, brian. Tim. How are you somebody sir, nice to see you. I think for a long time earlier in the decade they bought protection appear they said why, it expires the market just goes up and they started selling options which cbw
What is going to be the outcome of this summit . The trilateral meeting . Seeing is that one leg of that triangle is in a bad situation has been japan and south korea on hostile terms for the past year. What they managed to do was pull forers of japan together their first summit in 15 months. We have seen the opening remarks from that meeting. Remarkably warm, considering what has been said over the past year or so. Both sides have pointed out the importance of the relationship and said they really want to improve it. The disadvantage they both face is their own populations at home are not necessarily keen on that idea we have seen a pull in japan that isin 70 of voters see no need to improve relations in any kind of hurry. What is chinajapan relations . That is something shinzo abe has been anxious to make an achievement of his long period in office. When he took office in 2012, relations were so bad there were concerns about military conflict over a territorial dispute. What he wants
Vietnam coverage lets look at futures now as we get set up 30 minutes from now for the opening trading for the week were looking for a higher open at this point after a strong week last week road map, it does start with geopolitical risks for stocks. Iran and trade remain, of course, key focus. Stocks set to open higher as you saw. The dow now on pace for its best june in 80 years. Plus, President Trumps rate rant the president calling out the fed saying it is acting like a stubborn child. In deal moves, eldorado i cs entertainment, 8. 5 billion equity val ue deal, well dig into it. We enter the final week of june, the upcoming g20 meeting, tengs between the u. S. And iran and President Trump once again criticizing the fed. This morning, a little while ago, he tweeted, despite a Federal Reserve that doesnt know what it is doing, raised rates far too fast, and did large scale tightening, 50 billion a month, were on course to have one of the best months of june in u. S. History. Think of
Lets start with todays market as you heard scott say, were heading to session lows. Dom . Just about session lows. Its been a generally positive day, kelly, to your point. But at the highs of the session, just to give you an idea of the context today, the s p 500, which is currently up seven points right now, was up roughly 42 points at the high, and up roughly two points tat lows of the session. Again, 4224 is the last trade there. Keep an eye on 4236. We mentioned this socalled 200day moving average or longer term trend line for the markets on a rolling basis, thats something traders are watching. The dow industrials up about one quarter of 1 , 32,029. The nasdaq up to 13,040. So losing some steam in this midday part of the session. One part thats been gaining steam throughout the course of the last weeks is bitcoin. If you look at this chart, over the last year or so, we have now topped 33,000. At one point today, depending on which metric or exchange you looked at on bitcoin, we we
I was looking at friday and the tenyear yield on friday was 4. 795 . That is a significant drop. You can see the extended drop here as things opened up. It was the same story across the board with the 30year yield. It closed 4. 895 . Below 5 . You look at where the board is today and go back to what we had up with the tenyear yield and 30year at 4. 85 . The twoyear yield at 4. 99 . The biggest move in crude oil yesterday. Wti at 86. 17. Lets update you on the war in israel. Israel saying the border with gaza is now secure. The spokesperson saying no hamas territories crossed into israel since sunday night. The Health Ministry said 687 people in gaza and the west bank have been killed. That does not include 1,500 bodies of hamas militants which have been p found in israel. Hamas threatened to execute hostages if they were bombed without warning. In the meantime, President Biden confirming yesterday that 11 americans were among those dead. No americans are confirmed to be hostages. U. S.