Stay updated with breaking news from Safra katz. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The grind t higheray was quiet but strong. Here are the closing numbers. Th Dow Jones Industrial average rose 227 points. To 27137. The nasdaq was up 85 and the s p 500 added 21. But there is a lot more tohe market than the numbers suggest. A close look under the hood showsig changes taking place and money is starting to flow intoectors that investors have been avoiding for a while. Bob pisani at the new york stock exchange. A lot of talk about a great rotation taking place. But what exactly are we rotating out of andinto . There is confusion about different ways to slis and dies the mechanic. Lets try to sort out some of the differences. First, cyclical verses defensive stock. Since bond yield bottomed last weeks. Checkically sense i have like banks, transportation stocks, energy, retail have all outperformed. These are call cyclicals because they tend to better when the G ....
Half hour from now it looks likes the s p may be down ever so slightly. European markets were in the red last time i look thank you for spain and for italy, maybe one day well even get a look at the bond market. The tenyear note yield is important right now, particularly given that 2. 14. Wow. Wasnt it supposed to be a 3. 14 yes, i think they were talking around june, at least 3. Not the case a big story were going to talk a good deal more about is oil. Lets get to our road map and start you out with some stocks oracle, shares are up sharply on earnings well look at whats moving that stock. Later, by the way well have an sclouf on interview with mark hurd they want to take a major stake in American Airlines, what is that all about . Smoke em peace pipe . Well try to figure that out to the best we can by the way, what as to yim cramer and Homer Simpson have in common adobes ....
Tech. Later, if this man is president , what could it mean for your portfolio . A top strategist will tell you which names to buy and which will sell off as a result of a Trump Presidency, but, first, we start with the markets. Moments of truth. Were less than 24 hours away from what could be one of the most dangerous days of the year for stocks ahead of tomorrows allimportant fed meeting decision. As an investor whats the first thing you need to do tomorrow, guy . An interesting day. No question about it. Tomorrow shapes up for an interesting day. Todays sales revision gives the fed some cover not to do anything but some numbers give them every reason to hike rates as well. I have no clue whats going to happen, but what i do know is the corner that they have painted themselves in gets smaller and smaller. I think bronze rally. We talked about 2025, the s p, the potential to trade up to and it did. The bulls, the last two days i ....