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Harrington is the ceo and Portfolio Management at Gilman Hill Asset management, rob sechman is one of forbes top 100 Financial Advisers and rich sapperstein is back. He, as well, a top Financial Adviser, barrons, in the top 100 there. Lets get to the board, show you where we were currently trading. Pretty much highs of the day 550 for the dow, 2. 25 , 24,646 s p 500 trying to push towards 3,000, a gain of 2. 5 today, a gain of 73 points. Nasdaq, the outperformer of the majors at 3 , and theres the russell, which is having a good day as well, with a nearly 5 gain some 61 points there dow going for its best month since 87. The question is what all of this means for the coming days, weeks, and months ahead. Joe, im going to go to you first. You look at ....
Thinnest of reeds which is why the averages were able to war today. The dow which gained 470 points, s p advancing 2. 28 . Its hard to find a positive button house of pleasure the nasdaq gaining 1. 72 . All right, what happened okay, this morning President Trump told us hes brokering a deal between russia and saudi arabia so theyll stop flooding the world with oil that will help the price of crude to rebound back to the 20s and trigger a short rally in the stock market. One that couldnt be taken down by the shroud of gloom even as the shroud kept trying to take it down. Intermittently until being ripped from the markets rarely bullish face buy, buy, buy yep, we live in a bizarre world where wall street can momentarily overlook the fact that 6. 6 million americans filed for Unemployment Insurance last week a mindblowingly horrible record breaking number. Instead, we b ....
Much as yesterday, of course, when it posted one of it best days since january joining us for the hour is mark tepper, founder and ceo of Strategic Wealth partners. And mark, you know, a rally like this going into year end has got to make your clients feel good but do you tell them not to expect the same thing next year . Thats absolutely the conversation were having with clients right now. I mean, it has been an awesome year markets are up about 30 all on the back of no Earnings Growth whatsoever. So its all been multiple expansion. Its all been an increase in Investor Sentiment so were telling clients right now, manage your expectations for 2020 dont expect a repeat of 2019. I think, unfortunately, a lot of Retail Investors tend to have a shortterm memory ....
Ready to go. Halftime report starts right now. Welcome. Good to have you with us on this monday our Investment Committee at the table today. Lets begin, where else, the markets. All three of the major averages are higher dow would be Even Stronger if not for the boeing drag. But with several major obstacles out of the way, is a melt up now in the cards thats how i look at this, josh. You go down the list and say, all right. You have this trade. Tens tensions are eased for the moment uk elections in the rear view and the fear of maybe missing out and performance chase over two weeks. Yeah. All is good in the market world. This is one of the interesting moments. They dont happen all the time where it almost doesnt matter what you own you could own value and growth and making money in either one theyre still below the old 18 highs but theyre on their way the banks have just ....
Welcome. Our Investment Committee is at the table today. We begin with shares of target on pace now for the best year since the mid 1970s. Shares are up 89 year to date pete, naturally im coming to you first. We always joke about your relationship with brian cornell. You are friends. Yep youve pitched this stock for about as long as i can remember and youve been dead right and you deserve credit for that. Wow i appreciate that. They keep performing. But the reality is go back a year ago, stock was trading in the 60s when brian said we see strength everybody talks about recession and all the Different Things out there that are the boogeyman, but he never brought that up he continued to pound the table that the consumer is strong. And you look at each one of these Quarterly Earnings results, and just the last o ....