August 4, 2025 • 6 mins
A dab day on Wall Street on Friday, but numbers for the year still show progress. Tim has the details
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
How are you, mister Wheetrow, I'm fantastic.
Speaker 2 (00:03):
Fres Monday, you could do it again.
Speaker 1 (00:05):
You're fantastic. Wait do you hear?
Speaker 2 (00:08):
Why?
Speaker 1 (00:09):
How are the headline?
Speaker 3 (00:10):
Then? Pal Wall Street falls the most since May after
employers slash hiring in tariff rollout.
Speaker 1 (00:18):
Aren't you fearful? Aren't you scared? Didn't you hide in
the corner all weekend?
Speaker 4 (00:24):
Sounds like groundhouse dated me over over and over.
Speaker 1 (00:33):
So what do you make of all of this? What
happened Friday?
Speaker 3 (00:35):
And now that you've had the weekend to look at
the numbers and dig a little deeper, what's going on?
Speaker 4 (00:42):
All right? Let's take a look at Friday with the
US employment report. It was at one hundred and forty
seven thousand. They were sucking one hundred thousand. It dropped
a seventy three thousand US unemployment rate, which.
Speaker 2 (00:55):
Okay, it's four.
Speaker 4 (00:57):
Point one, they're fucking four point two. It came in
at four point two. But I don't I'm wondering how
if we have to adjust that, because then the numbers
came out that they revised some employment reports and it
went down, shaved off two hundred and fifty eight thousand
jobs and we've.
Speaker 2 (01:13):
Had this conversation before last year More and Welson.
Speaker 4 (01:16):
We get this revision and hard that anybody would talk about.
It's like, come on, we need real data. And you
know how they get the data.
Speaker 2 (01:24):
They sent out surveys, and you know, do we.
Speaker 4 (01:27):
Need to do something different because these are very important numbers.
The world trades.
Speaker 1 (01:32):
On these numbers.
Speaker 2 (01:33):
And we go, okay, what are we going to do
when we're not getting.
Speaker 4 (01:36):
The right data, and we go back, Well, the market
paid the price for it as we did. So the
DAW was down five hundred and forty two points one
point two to three. We had the S and P
five hundred, down one hundred and one, which is minus
one point six percent, and the NASDAC off four hundred
and seventy.
Speaker 2 (01:54):
Twos, which is minus your twenty.
Speaker 1 (01:56):
Point two four.
Speaker 4 (01:57):
That brought our week down, all three of those in
disees down over two percent.
Speaker 1 (02:01):
YAH for the week.
Speaker 4 (02:03):
For the year, that's up two point four piece up
six six point zero six percent, and then NAZAK is
up six point nine four. So we're still on the green.
That's why I said the little ground. They were going back
and forth, back and forth. Uh, but we'll see that
the futures right now are pointing up. And again we're
gonna have more news come out today and this week,
(02:24):
not as much as last week, but we're still gonna
have some data.
Speaker 3 (02:26):
And and he's postponed again some tariffs on some countries
because they are still, you know, supposedly negotiating. So we'll
so we'll see what happens there. We're still looking at them.
There still might be some fallout today on the firing
of the of the woman from the from the Bureau.
(02:48):
And it's really not it's really not her fault. She
somebody else gathers all these numbers. As you said, there
are groups of people working in the Bureau that they
gather the numb They give her the numbers, she releases
them because somebody has to.
Speaker 1 (03:04):
She releases them. It's not her fault what they say.
Speaker 3 (03:08):
But the President and other people in the administration are
saying that they weren't manipulated. They aren't telling us how
they were manipulated. They aren't showing any proof that they
were manipulated at all. But so someone has lost their
job over this, and somebody else will have that job.
Speaker 1 (03:23):
I believe already has been named to take that position.
Speaker 3 (03:27):
Are we going to see an emotional reaction to that
or did we already see it?
Speaker 4 (03:31):
You think I think we already saw it. Now we
have futures pointing up, and you're right now we're going
to go back to the tariffs. Is it going to
continue making deals? We pushed it out a little further
another week, but I think he's I would think he'd
have to be making headway if he's only going out
a week. If he's struggling here, I think you'd push
it a little further again. But it nice to get
these nailed down and get back to regular life of
(03:54):
basic news.
Speaker 3 (03:55):
Okay, Now, where there were some well, I mean I
think it was a big loss. I don't know if
it was considered a big loss or not. Amazon lost
a little over eight percent, but they did have a
profit and pretty good sales for the recent quarter.
Speaker 4 (04:10):
Exactly. And again we're not looking at numbers, We're just
looking at the overall feelings of everything. But Amazon fell
eight point three percent after beating on both sides. We
had Apple fell two point five percent, so Exxon fell
one point eight percent in the s and P five hundred.
If you look at the sectors that made or had.
Speaker 1 (04:30):
A positive move out.
Speaker 4 (04:32):
Of the eleven utility sectors was up consumer staples, which
is the stuff that we used day to day and
outcare items, which comes back to if we look at
positive companies, which I had to scroll for those. Okay,
Sureman Williams was up three point seven nine percent. Dollar
General up three point four cents, so.
Speaker 2 (04:51):
It kind of gives you that look of you know,
d R.
Speaker 4 (04:55):
Horton was up by point two two for Solar up
five point two nine.
Speaker 2 (05:00):
Yeah, we'll see where today goes.
Speaker 1 (05:01):
But now, are there.
Speaker 3 (05:03):
Any big companies this week that we should keep an
eye out for, or any economic reports because they all
seem to drop last week? And do you think that
anything that Powell says this week? You know, since what
he said originally came out before the numbers came out,
then the numbers came out, So is there a chance
that he might go, hey, you know what, we're going
(05:25):
to call an emergency meeting.
Speaker 4 (05:29):
It's hard. You're right, we had these numbers come out
after it's worse than what he thought. I don't think
he can at this point. I think he's in a box.
He comes up now and everyone's gonna.
Speaker 2 (05:40):
Go Okay, the President pushed him to do what.
Speaker 4 (05:42):
He's supposed to be neutral. It's kind of trapped in
a box here. But companies that are going to come out,
We're going to look at today's talenteer coming out this morning.
We have I guess some other ones here, Tyson Foods.
That's another one that's coming out.
Speaker 1 (05:58):
All right, So a lot of burning.
Speaker 3 (06:00):
All right, Well, we'll see what it all shakes out
to tomorrow morning when we talk with Tim again. Now,
if you need to reach out to him before then
four one nine eight two four thirty three hundred. Timw
atwetroadvisors dot com. Also on Facebook and LinkedIn of course,
and sign up for their free newsletter when you get
a chance. Advisory services offered through Capital Investment Advisory Services LLC.
(06:27):
Securities are offered through Capital Investment Group, a member of
FINRA SIPC
How are you, mister Wheetrow, I'm fantastic.
Speaker 2 (00:03):
Fres Monday, you could do it again.
Speaker 1 (00:05):
You're fantastic. Wait do you hear?
Speaker 2 (00:08):
Why?
Speaker 1 (00:09):
How are the headline?
Speaker 3 (00:10):
Then? Pal Wall Street falls the most since May after
employers slash hiring in tariff rollout.
Speaker 1 (00:18):
Aren't you fearful? Aren't you scared? Didn't you hide in
the corner all weekend?
Speaker 4 (00:24):
Sounds like groundhouse dated me over over and over.
Speaker 1 (00:33):
So what do you make of all of this? What
happened Friday?
Speaker 3 (00:35):
And now that you've had the weekend to look at
the numbers and dig a little deeper, what's going on?
Speaker 4 (00:42):
All right? Let's take a look at Friday with the
US employment report. It was at one hundred and forty
seven thousand. They were sucking one hundred thousand. It dropped
a seventy three thousand US unemployment rate, which.
Speaker 2 (00:55):
Okay, it's four.
Speaker 4 (00:57):
Point one, they're fucking four point two. It came in
at four point two. But I don't I'm wondering how
if we have to adjust that, because then the numbers
came out that they revised some employment reports and it
went down, shaved off two hundred and fifty eight thousand
jobs and we've.
Speaker 2 (01:13):
Had this conversation before last year More and Welson.
Speaker 4 (01:16):
We get this revision and hard that anybody would talk about.
It's like, come on, we need real data. And you
know how they get the data.
Speaker 2 (01:24):
They sent out surveys, and you know, do we.
Speaker 4 (01:27):
Need to do something different because these are very important numbers.
The world trades.
Speaker 1 (01:32):
On these numbers.
Speaker 2 (01:33):
And we go, okay, what are we going to do
when we're not getting.
Speaker 4 (01:36):
The right data, and we go back, Well, the market
paid the price for it as we did. So the
DAW was down five hundred and forty two points one
point two to three. We had the S and P
five hundred, down one hundred and one, which is minus
one point six percent, and the NASDAC off four hundred
and seventy.
Speaker 2 (01:54):
Twos, which is minus your twenty.
Speaker 1 (01:56):
Point two four.
Speaker 4 (01:57):
That brought our week down, all three of those in
disees down over two percent.
Speaker 1 (02:01):
YAH for the week.
Speaker 4 (02:03):
For the year, that's up two point four piece up
six six point zero six percent, and then NAZAK is
up six point nine four. So we're still on the green.
That's why I said the little ground. They were going back
and forth, back and forth. Uh, but we'll see that
the futures right now are pointing up. And again we're
gonna have more news come out today and this week,
(02:24):
not as much as last week, but we're still gonna
have some data.
Speaker 3 (02:26):
And and he's postponed again some tariffs on some countries
because they are still, you know, supposedly negotiating. So we'll
so we'll see what happens there. We're still looking at them.
There still might be some fallout today on the firing
of the of the woman from the from the Bureau.
(02:48):
And it's really not it's really not her fault. She
somebody else gathers all these numbers. As you said, there
are groups of people working in the Bureau that they
gather the numb They give her the numbers, she releases
them because somebody has to.
Speaker 1 (03:04):
She releases them. It's not her fault what they say.
Speaker 3 (03:08):
But the President and other people in the administration are
saying that they weren't manipulated. They aren't telling us how
they were manipulated. They aren't showing any proof that they
were manipulated at all. But so someone has lost their
job over this, and somebody else will have that job.
Speaker 1 (03:23):
I believe already has been named to take that position.
Speaker 3 (03:27):
Are we going to see an emotional reaction to that
or did we already see it?
Speaker 4 (03:31):
You think I think we already saw it. Now we
have futures pointing up, and you're right now we're going
to go back to the tariffs. Is it going to
continue making deals? We pushed it out a little further
another week, but I think he's I would think he'd
have to be making headway if he's only going out
a week. If he's struggling here, I think you'd push
it a little further again. But it nice to get
these nailed down and get back to regular life of
(03:54):
basic news.
Speaker 3 (03:55):
Okay, Now, where there were some well, I mean I
think it was a big loss. I don't know if
it was considered a big loss or not. Amazon lost
a little over eight percent, but they did have a
profit and pretty good sales for the recent quarter.
Speaker 4 (04:10):
Exactly. And again we're not looking at numbers, We're just
looking at the overall feelings of everything. But Amazon fell
eight point three percent after beating on both sides. We
had Apple fell two point five percent, so Exxon fell
one point eight percent in the s and P five hundred.
If you look at the sectors that made or had.
Speaker 1 (04:30):
A positive move out.
Speaker 4 (04:32):
Of the eleven utility sectors was up consumer staples, which
is the stuff that we used day to day and
outcare items, which comes back to if we look at
positive companies, which I had to scroll for those. Okay,
Sureman Williams was up three point seven nine percent. Dollar
General up three point four cents, so.
Speaker 2 (04:51):
It kind of gives you that look of you know,
d R.
Speaker 4 (04:55):
Horton was up by point two two for Solar up
five point two nine.
Speaker 2 (05:00):
Yeah, we'll see where today goes.
Speaker 1 (05:01):
But now, are there.
Speaker 3 (05:03):
Any big companies this week that we should keep an
eye out for, or any economic reports because they all
seem to drop last week? And do you think that
anything that Powell says this week? You know, since what
he said originally came out before the numbers came out,
then the numbers came out, So is there a chance
that he might go, hey, you know what, we're going
(05:25):
to call an emergency meeting.
Speaker 4 (05:29):
It's hard. You're right, we had these numbers come out
after it's worse than what he thought. I don't think
he can at this point. I think he's in a box.
He comes up now and everyone's gonna.
Speaker 2 (05:40):
Go Okay, the President pushed him to do what.
Speaker 4 (05:42):
He's supposed to be neutral. It's kind of trapped in
a box here. But companies that are going to come out,
We're going to look at today's talenteer coming out this morning.
We have I guess some other ones here, Tyson Foods.
That's another one that's coming out.
Speaker 1 (05:58):
All right, So a lot of burning.
Speaker 3 (06:00):
All right, Well, we'll see what it all shakes out
to tomorrow morning when we talk with Tim again. Now,
if you need to reach out to him before then
four one nine eight two four thirty three hundred. Timw
atwetroadvisors dot com. Also on Facebook and LinkedIn of course,
and sign up for their free newsletter when you get
a chance. Advisory services offered through Capital Investment Advisory Services LLC.
(06:27):
Securities are offered through Capital Investment Group, a member of
FINRA SIPC
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