Everything in the middle is struggling we saw this once again today, especially with the dow gained 102 points, s p advanced 0. 41 nasdaq up. 57 Dollar General, walmart, costco and target low end. Well, as well as rh, the former Restoration Hardware and lululemon on the high end. Some call it lululemon and theyre wrong. Lets unpack these Dollar General and dollar tree are Bargain Basement plays that indicator to the vast majority of americans who are trying to make ends meet these companies are extraordinarily good at what they do. This morning oppenheimer argued the chain has some of the best Revenue Growth momentum around, at a time when Interest Rates are slowing, meaning investors think the economy is getting weaker well, guess what this is a defensive holding. When retails not so hot right now, dollar gen. Dollar tree has a similar story, the acquisition of Family Dollar which is finally starting to pay off. Oh, man its having a big impact on the numbers. This was no easy feat. I
In a correction or worse, down 10 or more from their highs and check out some of the biggest names on the list. Intel, ups, exxon, sales force all falling from their 52week high do you buy any of these names for a catchup trade or are they a no touch pete, where do you start with the list i see a couple of names i already own and i will start adding to because i think theyve been pushed down enough from the 52week highs and i think theres room to the upside i would start with finish with intel and add ips. The execution is there and the fundamentals are there and for me theyve also got growth when you put that all together, mel, when they pull back, thats an opportunity and those are names i would be adding to what do you think of intel . You picked one that has some very specific issue to their own execution and theyre very involved with what the headwinds are to the macro situation and thats an interesting list and the same thing as far as macro headwind sales growth and they made th
Losing month for 2019, first may decline for 2012 this morning you see modest green arrows s p futures up by 2 points and the nasdaq up by about 9 points. Overnight in asia markets slightly stronger. President trump coming back from japan. You see the nikkei closed up by a third of a percentage point. Similar gains for the hang seng and the shanghai deposit up about 0. 6 in europe its a mixed picture. The ftse up by about a tenth of a percent. Stocks are weaker in it will i and in spain as well if you talk a look at whats been happening in the treasury market in the United States, youll see the tenyear is yeeling, wow, 2. 89 , so below 3 . This morning alibaba deba debating whether to offer new public shares in a second offering, this time to hong kong reported will i they could raise up to 20 billion. Theyre currently working with financial vuzers to offer the listing as early as this year. The Company Initially listed in new york in 2014 raising a record 25 billion shares of alibaba
Of a tiktok ban added to an important foreign aid bill. Well dive in on that. But first a check of the markets. They are slightly higher today, coming off a rough previous week. But we are heading into a key few days now for earnings. Big tech reporting results. Meta, youve got meta, alphabet, microsoft all on deck. For that lets go to steve kovach with a look at what to expect. Steve . Reporter hey there, tyler. It will start this week with meta on wednesday, and then we get microsoft earnings and alphabet on thursday. Amazon and apple are coming next week. Take a look at each one of these names through the lens of ai. Not big business yet for any of these names, but some are progressing more than others. Lets call this your ai gut check. Lets start with meta partnering with google last week to power a new version of its meta ai chatbot. The most important thing here for meta is engagement, proving this keeps people using meta apps like whatsapp and instagram and facebook. It debuted
Faster. Who has got it right . Lets go in focus, with steve forbes, rich, michael, is a bre sabrina and john tamny. You think it will help. How so . The u. S. Shouldnt be doing in agreements that other countries wont abide. Economic growth is the ultimate environment enhancer because it leads to Wealth Creation. When people are wealthy to care about people around them. The agreement was antiwealth. David the wall street journal it the article. The con even the supporters can see meeting all of the commitments will not prevent more than 1. 7 degree celsius increase in Global Temperatures by 2100. Now,. 17 degrees is not a lot. Is it worth the cost . Well, listen, i dont know that i believe that. But lets just say that donald says that he wants to renegotiate this. If you dont believe in Global Warming or climate change, whats to negotiate . He said that people are laughing at the world, when he says stuff like that, people are laughing at him. I mean, i think it hurts our relations with