The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large cap tech has done unbelievably well this year. Or if they own individual names. If you own apple, youre up almost double. Now
the country s property sector. earlier i spoke to charu chanana from investment bank saxo and she told me investors want to see beijing impletment long term structural reforms. it s not something that can offer that long term comfort to chinese investors, or those who are actually looking for the stocks to get dirt cheap and you know make an entry into that market. you know make an entry into that market. , . ., , , that market. these are masters that market. these are masters that we have that market. these are masters that we have obviously - that market. these are masters that we have obviously seen - that market. these are masters that we have obviously seen in l that we have obviously seen in the past as well, in the past few weeks, and all they really do is to try and put a float but this is not something that can do to get investors excited about the chinese market, i think investors are really waiting for some kind of a structural reform there, and just the whole m
Replacement bill. He says there could be a vote this week all the provisions of the bill are not clear. Global news 24 hours a day powered by more than 2600 journalists and analysts. I am Alisa Parenti and this is bloomberg. Caroline i am caroline hyde. This is Bloomberg Technology. Coming up, a big week for big tech. Facebook and apple taking center stage on earnings. We will break down all you need to watch for. The Tech Software startups vaulting to uniform status and breathing new life into old data. Tech stocks drive the nasdaq to another record close. To a c. E. O. Eaks it was another banner day for u. S. Tech stocks. The nasdaq again closing at a record high. Abigail doolittle has been all over it for us live from new york. Break it down because i am losing count which stocks are at record highs. It is amazing. We are seeing a bullish run for the nasdaq putting in another set of records today. Closing at a record high with lots of stocks behind it. What also stands out about the
The latest attempts by American Indian tribes to stop the Dakota Access pipeline. Oil could begin flowing next week here global news 24 hours a day, powered by more than 2600 journalists in more than 120 countries. Im alisa parenti. This is bloomberg. Caroline im caroline hyde. Bloomberg technology. Coming up, a steady stream of Software Startups take a punch on the public market. Lets not ipo a help or hindrance to the rest of the tech unicorn . Plus, microsoft takes on slack chat software for office 365 customers. Netflix tries to outshine movie theaters can hollywood. Help the streaming Company Industry . E film first to the lead. A handful of tech ipos emerged in the aftermath of a volatile debut for snap. Although they are not household names, they are all Software Companies capitalizing on the expanding market. Real soft planning to the public as soon as friday, just listed the target share price range. Last week we reported that does this signal a boom in tech ipos are is the ma
The latest attempts by American Indian tribes to stop the Dakota Access pipeline. Oil could begin flowing next week here global news 24 hours a day, powered by more than 2600 journalists in more than 120 countries. Im alisa parenti. This is bloomberg. Caroline im caroline hyde. Bloomberg technology. Coming up, a steady stream of Software Startups take a punch on the public market. Lets not ipo a help or hindrance to the rest of the tech unicorn . Plus, microsoft takes on slack chat software for office 365 customers. Netflix tries to outshine movie theaters can hollywood. Help the streaming Company Industry . E film first to the lead. A handful of tech ipos emerged in the aftermath of a volatile debut for snap. Although they are not household names, they are all Software Companies capitalizing on the expanding market. Real soft planning to the public as soon as friday, just listed the target share price range. Last week we reported that does this signal a boom in tech ipos are is the ma