Stay updated with breaking news from Trean group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
4. Oil added on 2. 63 apple shines in its patent case. The internationl trade commission ruled that samsung infringed on iphone patents owned by apple. Samsung is expected to appeal. And aol has turned into a chatter stock. Shares rose 2 friday on speculation the Internet Company is planning drastic cuts or that it may shut down its local news sites, called patch. Scott shellady of trean group joins us on this monday morning. Happy monday morning to you, scott. Good morning. How critical will the Inflation Numbers and retail earnings this week be to traders . Its going to be very critical with the feds dual mandate. We have to keep an eye on inflation. I dont think weve got inflation. I think weve got disinflation. Bernanke mentioned that in his last speech. Something to watch Going Forward we actually might be in a ....
Chris christies reelection fund. And the post office is pushing up the price of a stamp by one penny to 46 cents starting sunday. Scott shellady of trean group joins us this morning for a closer look at the markets. We have to talk about this 1500 in the s p 500. When will this finally hold here, scott . It is not going to take very long. It is not going to take very long for one big reason weve got to listen to what the fed is telling us. The fed is telling us that they are going to continue to print money. These pullbacks are going to be shallow. You are not going to see that 510 pullback i think a lot of guys are waiting for, so it will be within the next two or three weeks, and away we go again. What do you think about this north korea threat . How is that affecting oil prices . I think folks want to blame some of the price of oil on it right now because of that, but ultimately at the end of the day we have got a decent economy now that is slowly but surely i am not going to say it ....
And the s p broke through was the other big event, topping 107 per barrell in a sign of potential upcoming demand as the economy strengths. Will it be a july jobs jubilee today . The market expects 175,000 jobs were added to payrolls last month, and the Unemployment Rate could tick down to 7. 5 . In earnings afterhours, linkedin, aig, and kraft all rallied after posting better thanexpected results even though revenues were shy. And billionaire investor carl ichan reportedly is suing dell to stop michael dells effort to take over the company. Scott shellady of trean group joins us on this friday morning, and of course the jobs number is due out today. Scott, what do you think were in for . Well, if youre a taper tiger, you better hope for a big one, because that will supposedly put some pressure on the fed to start tapering in that septemberoctober time frame that most people have been talking about. I think the fed has said ove ....
Several affiliated traders set up four accounts with Trean Group, an introducing broker at the Chicago Mercantile Exchange. An introducing broker manages the customer side of the futures-trading business. ....