Home, and so techs and fpgss are leading the way. Josh brown, time to be more bullish about the market despite the headwinds that are perceived to be out there . Well, i are will say this, if you are into the confirmation bias, you are getting it right now, because the tone seems to have shifted almost overnight, and we are challenging the old high going back to may and june of 2015. I dont know if this is the time that we punch through, but we have been here before several time, and this is where we continue to fail. If we were to break through at this the point, and do it with the breadth that we have right now, which is very good, you will have all of the confirmation bias that you want. And we have dow, and s, and p and russell and nasdaq above the 200 days, and the technicals lining up, but yet, you are skeptical of it, and what are you saying . Well, the market is caught on the technicals and the weak upside, and you have a dovish fed, and the dollar showing some stabilization ye
Single analyst or the person who comes on the show, and it is valuation, and phenomenal. The cash . Phenomenal. Everything, but year over year, it is potentially the decline. Katy huberling believes it might be better, because of what the street is project iing, but thi is why the stock is stuck here trading between 100 and 105. And does the apple go down the list with alphabet, intel and they have rallied. Well, the ones that did, 10e8d off, and did intel push up the market . It did not. This is a market looking at oil and the fed, and we are looking around the globe to see exactly what is going to be leading this thing right now, and i dont believe that apple is going to kill it if the numbers are bad. And joe, people say it is critically important expected to account for the majority of the earnings growth. Well, it is still going to be multiple earnings over the quarter well, the name, Howard Eisner and i hedged on the name. I just remembered it. Well, apples performance year to da
Even though it was disappointing, and the Unemployment Rate stayed flat, but he has some regulatory steps to announce in terms of going after Money Laundering and tax evasion, and remember that the trez is sure Ri Department has taken a series of steps on tax inversions and i dont know that the precise nature of what the president is going to announce, but that is the direction. And the president has been expre expressed what is termed a frustration that either he is not getting as much credit for what is taking place in the economy or the perception is out there that the perception is that the economy is worse off than in reality, and he expressed those concerns with our colleague Andrew Sorkin in a article last weekend with the new york times. And how is that factoring in . Well, the administration is claiming the longest streak of private sector job growth by month on record. So that is one of the things that he is going to be talking about, but in reality, the president has been ge
Cnbc. And we have a great lineup. We have our host for the hour with jim chanos, and david rosen will be here as well as carson block from muddy waters. And jim, you have had a long history here at sohn and we will go through some of the picks through the years later, and before we get to that and get to some of the thoughts on china, and get to the breaking news of john kasich leaving the president ial race, and it appear appears that though the dance floor is cleared for the trump clinton ticket. What are your thoughts . Well, scott, first of all, thank you for having me here, and it is a pleasure to be here. We are down to the twohorse race obviously, and going to be hillary versus trump, it appears, unless there is some lastminute machinations at the republican convention, but at the very least, it should be interesting august, september, ookay, and we have not seen anything like this. And it appears we will not see a contested convention at the way it looks now, and are you disapp
Target to 1,000 a share. And with the gap reporting, if that is where it stands, it is not a pretty picture. And steph any link with amazon, and you bought the stock today . Well, i did, and i have been underweight, and it is painful. It reminds me of the g. E. Story last year where not a lot of people owneded it and it crept higher, but it is doing well suns the report, but it is a disrupter, because they are killing everybody, and it is hard to ignore if you will. And they aws is the exciting part of the story, but that grew 64 , and the margins expanded 5 in that segment alone with 27 growth in north american retail, and these are the numbers that you cannot ignore. And the port fol e owe wants a big a part of the benchmark, so i nibbled. And you have said on this program, that those would not allow you to go near it . It is very hard, and i missed a nice move as a result of that, and you have to separate why, and figure out why do you want to own it . For the retail piece or the cl