Episode Transcript
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Speaker 1 (00:00):
How are you, mister Weetrow Brad.
Speaker 2 (00:03):
I'm fantastic. I just been a week.
Speaker 1 (00:06):
I know. It's been really hard to be away for
that long. That's why I hate to take vacations. And
when it's not a vacation, it's even worse.
Speaker 2 (00:16):
Now.
Speaker 1 (00:17):
I was keeping up, go ahead, Uh huh good. I
was keeping up though, and all week it was up
and down and up and down. We got close to
a record, we hit a record, we dropped a little,
we went back up a little. We finished it a week.
It's a winning week. We finished it a week winning week,
but we faded out just a little bit at the
(00:38):
end there. So let's get into the particulars, the numbers
and everything else that's going on.
Speaker 3 (00:43):
If I recall for whenever you're away, the market seems
to go up, even though it's giving back some.
Speaker 2 (00:47):
A little bit. But hey, we'll take it. But let's
take a look at what happened last week. We had
the CPI coming on on Tuesday last week, and it
came in you'll measure move inflation that we see came in,
you know, okay, just what they thought. And then on
Thursday rolled around and then we had the PPI coming
out with businesses by the stuff and then possibly pass
it on to us. And boy, that really was out.
(01:11):
They were expecting point two. It came in at point nine.
Speaker 3 (01:14):
Up.
Speaker 2 (01:15):
Yeah, the cores even came in up at from point
three what they expected to point six. So yeah, that
was uh. And the retail sales on Friday were down
a little bit and that gave the momentum for the
week or the end of week, and that's what really
got people talking about interest rates and what's the Fed
gonna do? And he was, you know, he's getting.
Speaker 3 (01:33):
Pressure from the president. You need to cut, you need
to cut one and a half. And then of a
sudden you get.
Speaker 2 (01:37):
This report that inflation's creeping up for the PPI. So
on Friday, the Dow was up thirty four point eighty six, which.
Speaker 3 (01:45):
Is point oh eight. SP five hundred.
Speaker 2 (01:48):
Lost eighteen points which is point twenty nine, and the
NAZAC lost eighty seven almost eighty eight points, which is
point four zero. But let's look at the.
Speaker 3 (01:55):
Five days that you were gone.
Speaker 2 (01:57):
For the week, the Dow was up one point seven four,
the S and P five hundred was up point nine
four almost percent. NAZEK was up for the five days
point eight one, so not too bad. We had the
Russell I'm gonna mention this the Russell two thousand small caps.
Speaker 3 (02:15):
Now these are.
Speaker 2 (02:15):
Companies that are three million to two billions, So when
I say small, that's not it. This is not your
mom and pop. Okay, But the Russell two thousand lost
point five to five on Friday, but it came to
the positive for the week, up three point or three
percent for the year. Year to date, year to date,
(02:36):
it's up two point five three, so that brought it
out of the negative. That was a good sign. Good.
Speaker 1 (02:40):
Yeah, the year to date stuff is what's been saving
us all year long. If you as you look at
last year and look at what it's doing today, that's
the kind of stuff that's saving us. So winners and losers.
I say that Warren Buffett's been busy buying up stock
to behind the healths groups.
Speaker 2 (02:56):
So it went up, right, Yes it did.
Speaker 3 (03:00):
That's a stock that's almost been cut in half over
the last probably four.
Speaker 2 (03:03):
Or five months. And you know they're having their problem
with hanging out from the supplements and to nine claims.
Speaker 3 (03:09):
Of course, we also know.
Speaker 2 (03:10):
The CEO was shot. You know a lot of things
were going on with with with that company.
Speaker 3 (03:17):
So but if we look at other winners and losers.
Speaker 2 (03:20):
Coming up on the screen here, oh, maybe.
Speaker 3 (03:24):
We had United Healthcare first Solo was up.
Speaker 2 (03:26):
Eleven percent, that was good, Maderna was up four point
nine to eight. Intel was up two point nine to three.
So really across the board, and we had on the
negative side, Applied Materials was down fourteen percent, Cisco Systems
was down four point four to seven, Wells Fargo was
down two point nine to one. So just across the
(03:48):
board on companies money coming out where they were hitting expectations,
like Allied Materials, but still going down.
Speaker 1 (03:55):
Well, because a lot of those I noticed are also saying,
although we hit expectations, we're not gonna give you a
good prediction for the future because we're just still unsure
of how everything is gonna shake out, because there's been
more tariffs talk, of course, and we're still waiting for
all of that to finish up. What's this doing to
the stock market in Europe and Asia at this point.
Speaker 2 (04:18):
Well, first of all, you're gone a week, we don't
talk about this, and we're still talking about tariffs.
Speaker 3 (04:23):
Everything seems to be the same. Brad, Yeah, yeah.
Speaker 2 (04:25):
Over overseas, you're always negative thirty one. The Fuzzy was
negative ten points last night. DAX was down eighty four.
Asian side, though, nie k Fans market was up three
hundred and thirty six points last night. Hang sang down
ninety three points. The Shanghai, China, and they're talking about
their economy really getting beat up, but it was up
(04:48):
thirty seven points.
Speaker 1 (04:50):
Well that's I mean, we're in pretty good shape. Are
we looking at anything particular today that's gonna shake things up?
Speaker 2 (04:59):
Not a whole lot going on today. We have some
earnings coming out, but on the economic side, we have
homebuilders confidence. Tomorrow we have home housing starts, building permits,
so a lot of it has to do with housing
and employment. But on Wednesday, ah, I think the minutes
of the Federal Reserve is going to be released for July.
Speaker 1 (05:17):
Okay, well that's good news. We'll keep an eye on
that and maybe by Thursday somebody new will be fired.
We'll talk with Tim tomorrow morning. You want to reach
out to him four one nine eight two four thirty
three hundred. Timw at weetroadvisors dot com also on Facebook,
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(05:37):
through Capital Investment Advisory Services l LC securities are offered
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