Moderna theyre looking forward to move to vaccine testing. Were heeding warnings of social distancing. Were separating out. Were over an hour from the latest virus tax force briefing. What can we expect . I dont know. Here is what larry kudlow told me of possible stimulus. Roll the tape. Well reach for every available way to mitigate and stem and undergird both the health side and the economic side. Stuart his actual expression was, whatever it takes. All of that and more on making money. Stuart were sinking. Stocks are sinking across the board. There is economic uncertainty. The fed stepped in with rate cuts and injection of cash. Right now weve got the markets off of their lows of the day but only just. Here is an old friend of mine, old colleague, market watcher shah gilani. All right, shah, we saw this morning at the opening bell. We dropped 7 . Reopened the market. We dropped 12 . I was inclined to think that was the washout selling, catastrophe selling, the capitulation selling t
Diploma for just 100 bucks. A beer company is trying to find out. All that and more on making money. Charles market is down today. Probably i think were in a position where we could drift for a while. Consider we have to digest a monster stock market rally. Were awaiting more information from earnings, the fed, of course the impact of the coronavirus. Apple today leading the dow lower after it says it wont meet the revenue forecasts in the next quarter this being exposed in twoways to the coronavirus outbreak. I want to bring in Phil Blancato along with Devine Capital ceo, dani hughes. Let me start with you. It is intriguing session to me. Were all kind of like, okay, it has been one heck of a ride with nasdaq up almost 9 coming into today and you need catalysts to keep it going but im kind of surprised were not down a little bit more. I am too, charles. I have to say i thought the coronavirus, specifically earnings, forwardlooking motion would be much more dramatic from a lot of these
Making money. So the dow retreating here, crossed the 29,000 mark for if first time ever, pulling back just a little bit. The other indices are higher this as the jobs report coming in with some positive reinforcements i think about our booming economy. Here though to help me break it down is Phil Blancato and also brian wesbury. The jobs report, brian, your overall theme for that and what it means going into the new year. 144 is weaker than last months 266. We had a few minor downward revisions, but anywhere from, you know, around 150 to 200,000 is enough to keep the Unemployment Rate down. This year the feds not going to be raising rates. The tax cuts and deregulation are still kicking in. Profit margins are high because Technology Keeps reducing the cost of delivering goods and services, and when you put that all in the bucket, i think this economy not only accelerates this year, it is not going to grow 4 . But earnings are going to go up 10 to 12 percent, and that means the stock m
They conquered. Nvidia keeping report empire going but the question can they beat it going. Jensen meets caesar. Which powell will show up tomorrow. Why the 10 are loving these harsh fed policies. Plus the badgegy brook. Keeping up with the jones. I love to see crazy stuff youve seen with people trying to look rich. 6 commission on buying a home, lets say it is over. Here is a dirty little secret for agents, it never existed for them. We have Real Estate Agents that want to tell their side of the story. All that and more on making money. Charles all right, so its the morning after and the morning before. The morning after a. I. Woodstock and the books,s in the books, folks. While a. I. Stocks sort of mostly chugging along today the ramifications from this event will be felt in society and in your portfolio for years to come. Now it is the day before the fed decision. Of course conventional wisdom saying no rate cuts tomorrow but there is a lot of debate over when and how much the fed s
What is going on . The once bulletproof market looking vulnerable. I send out a sos Phil Blancato is here, Dan Fitzpatrick on deck. Gas prices are starting too rise. Is this beginning of or the end . Tracy shuchart on this could go. What happened to the safe havens, folks. Everyone said Consumer Staples you couldnt lose. They should be the workhorses of any portfolio. That is back in april. Now theyre down big time. Nancy tengler here how to balance your portfolio in the more vulnerable days. You dont want to miss my takeaway on Government Data absolutely crushing the average american, not the data but the policies based on this faulty data. Wait until i give you the gdp of 2008 before and after. All that and so much more on making money. Charles all right, folks, another rough session and its getting to the point where those who kind of laugh at seasonality, you know, a lot of brainiacs, oh, seasonality, i think they will probably avoid walking under ladders or even throwing salt over