Debut four months ago. Who is this . Why are they so . Why so many questionmarks on the graphics we find out the answer to all of those. Riddler. Exactly lets start the program with the big stock story and market story really of the day. And that is apple. A stark warning on revenue gue are due to the impact of what else, the coronavirus. The iphone manufacturer tumbling today but finishing well off lows go to josh liptak. With more on what apple said and the reaction josh. Thats right, brian apple finished in the red today but maybe not hit as hard as some expect. Many analysts weighing in and concluding its a shortterm challenge. Meaning they think the demand for apple products simply shifts from the march quarter to future quarters there is still a lot of uncertainty and questions. How long does in outbreak really continue how long before chinese consumers feel its safe to go back out and shop . Remember apples only has 7 out of 42 stores reopening even those with limited hours appe
And Boston Scientific has had a wicked good run the last three months but mike khouw is down working on safer way to play going not Jp Morgan Health care conference and earnings. Time to risk less and make more. Options action starts. You yes it does and welcome back, everybody. Lets dive right in talking about the payment stocks because most cashed in gains last year. Check out master card and visa led the pack up 58 and 40 American Express and paypal did well 30 and 25 gains square lagging a bit 3 up on the year but carter worth says one name will help you ring in more money in the new year. Carter at the plasma to break down charts for you. Carter jump right in were looking at am ex the setup here is recently recent outperformance relative to other financials and presiding underperformance its good one too more often than not you see the table, very simple over the past six months what we know is the bank index has done 13, 14 we know the etf financialshave done 11. And am exhas don
And tony dwyer leaves the pen. Staying now is time to take profits. We tell you what has him a bit nervous. All that ahead we begin with earnings alerts on ibm and netflix. Both stocks on the move after reporting numbers. Both stocks moving higher. As always full Team Coverage standing by to break down the big moves. Julia boorstin digging in on netflix. Lets begin with deidre bosa. A green on the screen for big blue. Ending the streak of declining year over year revenues five quarters that have but is it too soon to call a turn around . Remember we saw recovery in 2018 but didnt last. The revenue grew a 10th of the . And shares popping because expectations were so low and now gains up lower than 4 a sustained turn around will depend on the bet on hybrid cloud and the 33 billiondollar red hat acquisition. There are early signs of promise. Cloud revenue hitting 8. 6 billion comprising 30 of revenue. Ahead of the report ibm saw downgrades from Morgan Stanley and every core this table sug
The final techs, and the Trump Administration places new sanctions on iran putting the middle east back in the headlines. Were down 90 appoints or so down about ten basis points. Joining us for the shore is dan nathan from risk reversal advisers wassail pullback warranted when you think about how we closed the year out, the fact that were kind of up a percent, the s p 500, a couple in the nasdaq more of the same, similar outperformance that we saw, tech stocks in particular the market is digesting a bit. A lot of news, volatility. 29,000, of course, where were below that level we did have three record closes, with the ten basis points of declines 58 1 2 minutes left. The dow hitting 29k earlier in the session. Were on watch to see if it makes it above that level. Bob pisani Steve Liesman is wrapping up the jobs report, and sean darby from jeffries is here with his outlook. Two strong updates. Valuations are very my s p 500, of course a new high. Earlier today, i just want to point out
Break from biotech and get into mikes car honk if you want yield mike khouw turns the dreams into reality with a straightforward play to car max. Its time to risk less and make more options action starts now. Yes, it does and welcome everybody. Hope you have a good friday. Lets get to it. Trade talks taking over the street as phase 1 deal pushed the major indexes to major highs. Of course this is a deal without terms that anybody on the street has seen but hey, whatever. Dan nathan says if a full agreement does come through there is one payment play that could charge up the portfolio. Lets get in the money, dan tell us about it. The narrative of the last few days has been some of the headwinds to kind of growth or the headwinds to a u. S. Consumer have been lifted i have no idea what today means in terms of a phase 1 deal and i think the administration told us were not going to actually see anything papered until the new year but if this enthusiasm that we have seen the last couple of