Good to be back with you. You did mention very important piece, which is davids piece and hes a friend of the show. Talking last night i was reading it and thinking can we really go higher he has a piece that says we will blast higher that will be something that i think a lot of people would be suspect, little critical of because were going right into the election he doesnt seem to mind that davids work is high quality and i just really think that he is just saying, it is time. And wouldnt that be something if we have a big, big move here. Its fascinating. He does say, jim, as you point out, the election does remain a risk but 3,600 year end and 3,800 in 12 months is a 6 gain and earnings estimate, jim, for next year 170. I mean, i remember when they thought 150 might be a risk. I just have to tell you, i wish everyone could get goldmans research i was fortunate enough to get that piece because it is a very logical piece because how there are many parts of the economy that are good. Th
Protests and the fallout from joer george floi, but the market and stocks are focused on Economic Activity, period we just keep getting good news its good news off very lowered expectations whether it be cheesecake getting a lot more people than they thought or the airlines this morning. American saying good things. Whether it be ebay pronouncing right now things are better than expected whether you talk a look at a lot of the companies that, you know, morgan stanley, gm, of course this quarter was the weakest, but maybe next quarter will be the strongest. We have a number of Oil Recommendations saying they have come all the way back. So the street is really bullish. After being very bearish you see a lot of price targets that were cut severely are now going back up. Its a kind of dont fight the trend where the most overbought we have been since 2009, but if you go back to 2009, we were up 11 on the s p. We had great period after. People are fighting the tape if theyre selling. How abo
Business of your business. In berlin welcome germany is famous for manufacturing the best for cision Machine Tools in the world Mechanical Engineering is one of the backbones of the countrys economy no other sector employs as many workers not even the car industry but trade wars bags and the darkening outlook for the World Economy have hit the sector hard the lobby group of germanys machine makers has now presented latest figures for factory orders and its not looking good the sector has already lowered predictions twice for this year. The slowdowns already left its mark year Engineering Company shipped in cologne has seen orders slump by 20 percent this year the company had to introduce a short time work in may managing director carl martin vertica hopes that will see the company through the worst the whole sector is affected. In many regions like barton vert and back Engineering Companies and especially our customers as well are having to resort to a short term working and in some ca
8 degrees cooler than average. Well talk about the rest of the week and when well see the coolest temps coming up. Now lets check in with emily and youre tracking a Traffic Alert coming up. This is really going to slow you down if you have the super commuters. Youre going to need to give yourself some extra time. Taking a look at our Real Time Travel times this morning. That doesnt show up on this 101 travel time because it does not start tracking until ier. This is actually right before you get there. For those of you who dont have to hit that part of the 101. Starting to slow down for those of you coming through the altamonte pass thats a 36minute ride. We are seeing some delays in the cash lanes at the bay bridge otherwise no problems to reports into San Francisco. A little bit busier at the san mateo bridge in that westbound direction. Eastbound no problem there. Richmond, san rafael bridge you can see those flashing lights. That is due to emergency construction we were talking abo
According to this market with the dow gaining 23 points, s p advancing. 09 , the answer is it can be fun and it can be rewarding as long as you know what you own now i realize im going to get a ton of push back and fun and invest not supposed to be fun. Were told fun is classic sign of a top people are giddy in buying everything that moves, it means that the market is peaking. The house of pain. Its absolutely true. I dont think were there yet. Now not everything is moving you need to be selective with the stock. Not like this isis euphoria. Remember this whole run started with j. Powell indicated hes monitoring the economy and will cut Interest Rates if he needs to so if he comes out this week and says the consumers economy strong and therefore we dont need a rate cut, yeah, sure. That could be troubling. Were told that trump can crush us its happened before its less and less likely to rock the stock boat given the ugly polling were told evaluations have gotten insane,however, thats o