August 7, 2025 • 8 mins
Apple led the way yesterday on Wall Street to give investors a win. Tim with details
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
How are you, mister Whetro.
Speaker 2 (00:06):
I'm pretty good, all right.
Speaker 3 (00:09):
I got a question for you right out of the box,
because we're talking about the Bureau of Labor Statistics and
how the numbers are gathered, and it's a complicated mess.
Speaker 1 (00:20):
How they're gathered, phones.
Speaker 3 (00:23):
Surveys, emails, knocking on people's doors, all kinds of different stuff.
All of that stuff gets gathered all over the country
by thousands of people, all bureaucrats. They compile it, they
send it to the Bureau of Labor Statistics, and they
release a report. They do that every month, right, They
release the preliminary report every single month, all right, and
(00:46):
then they revise. It's always revised. It can be revised up,
it can be revised down. And I just explained why,
because new information comes in blah blah blah blah blah.
Speaker 2 (00:56):
Correct.
Speaker 3 (00:57):
So, while we were in the break, I got a
message on the talkback feature which asked a very pertinent question,
why do they even bother releasing it then? If it's preliminary,
why don't they just wait until they get all the
information and they know that it's right.
Speaker 1 (01:16):
Why don't they release it?
Speaker 4 (01:17):
Then they're getting data all the time.
Speaker 2 (01:23):
They have to release something because then tomorrow they'll get
something different.
Speaker 1 (01:28):
Why do they have to release it? What do you
guys use it for?
Speaker 3 (01:32):
Because we know, well the investors use it, businesses use it.
You know, there's a lot of groups that are looking
at that and waiting for that to make decisions. Wouldn't
you want the most accurate information you could get.
Speaker 2 (01:45):
I think you're getting some of it, but it.
Speaker 4 (01:47):
Does get revised of people getting.
Speaker 2 (01:49):
Higher, people getting let go, But investors want to know
how how's our economy going, are people working? Are things
starting to slow down?
Speaker 4 (01:59):
And this whole thing came because it was such a.
Speaker 2 (02:01):
Dramatic change of when they did it, I mean super dramatic.
Speaker 4 (02:07):
So usually there's.
Speaker 2 (02:08):
A lot of adjustments on it, but nothing this big.
And the person that got like, oh, wasn't she in
charge of this? I mean that division.
Speaker 3 (02:17):
She was in charge of releasing the report. Yeah, it
was her job to release She's in charge.
Speaker 4 (02:22):
Yeah, and when when stuff, and she should be changing
the internal stuff.
Speaker 2 (02:27):
She is responsible for everyone gathering data, be it right
or wrong.
Speaker 4 (02:31):
She is a responsible one. That's why she got whacked, okay,
because overall she's getting paid the most.
Speaker 2 (02:37):
And at the end of the day.
Speaker 4 (02:38):
Who's in charge that person, She's not just the person.
Speaker 2 (02:42):
Who delivers the data. She's in charge of telling Billy
down the street or down the hallway to get the
data correct. And the other problem is how you mentioned
it to your spot on Fred.
Speaker 4 (02:54):
How are they getting the data so archaic computers? Now
we should be gathering boobla boob ba boom.
Speaker 2 (03:00):
But again, yeah, I mean they're not gonna.
Speaker 3 (03:05):
In some cases, they're knocking on doors and making phone calls. Well, look,
I'm I'm busy, I'm running my business. Hey, the Bureau
of Labor Statistics is on the line. Yeah, okay, tell
them we just hired five people.
Speaker 1 (03:18):
Uh and and our payroll is great and blah blah
blah blah blah. I don't get back to work, will you.
Speaker 4 (03:24):
You know, Brad, it's like sending an e. We have
so many phone calls and things.
Speaker 2 (03:29):
They called me.
Speaker 4 (03:30):
I just said, that's not her exactly.
Speaker 2 (03:36):
But you're right.
Speaker 4 (03:37):
I mean it's a mess of how they do some things.
Speaker 2 (03:41):
But again it's the.
Speaker 4 (03:42):
Government, right. It moves real slow.
Speaker 2 (03:45):
It needs to be updated, but it all costs money,
and then you know, taxes get involved. It's just it's
a mess.
Speaker 3 (03:52):
But you guys rely on it, businesses and government agencies.
Speaker 4 (03:57):
It's part of the poorest, it's part of the some
of it that we all put in.
Speaker 1 (04:01):
It's everything that goes into the stew.
Speaker 3 (04:03):
So the stew yesterday we ended up a little higher
thanks to thanks to Apple. Actually more than a third
of the game yesterday came from Apple.
Speaker 1 (04:14):
Give us some numbers.
Speaker 2 (04:16):
Yeah, this company is so big. I mean, it's just
the video Apple. They're just pulling that sp around, you know,
kind of for a third of the S and P's
game one company Apple. You know, they they come out
earning five or it's not going up five percent, but
then they talk about giving to the government or adding
to the US one hundred billion investment over the next
(04:40):
four years. Huge, huge. You know, once all this stuff
gets started and it.
Speaker 4 (04:45):
All takes time, it's not gonna building's.
Speaker 2 (04:47):
Not gonna pop up or somebody's not gonna just pop
up overnight. But it's the process. Somebody has to build
it that's gonna make more jobs. You know, the building,
the computers, it's worked, that goes into getting it here.
So yes, all this stuff will eventually come around and stimulate.
Speaker 4 (05:05):
But we had the gal yesterday.
Speaker 2 (05:07):
Up eighty one points, which is point one eight of
a percent. S and P five hundred up forty five.
Speaker 4 (05:13):
Points, which is point seventy three. And remember a third
of that was Apple, so a lot of companies.
Speaker 2 (05:18):
In the SP didn't do so well. The NAZAC up
two hundred and fifty two, which is one point two
one percent. So tech is is really pushing, but a
lot of earnings coming out, and there's companies not hitting
earnings as well. But Disney dropped two point seven yesterday.
Super micro Computers dropped eighteen point three. The rist of
(05:39):
though networks leaped seventeen point five. McDonald's shop if I
both went up.
Speaker 4 (05:46):
Advanced micro Devices. That's been a.
Speaker 2 (05:48):
Stock, it's been on a tire for a long time
now a few years, but.
Speaker 4 (05:51):
It fell six point four percent. Interesting Disney, ESPN, NFL network. Yeah,
ESPN's going to purchase them.
Speaker 2 (06:02):
Or make make you some agreement, and that's going to
give the NFL a little bit of money and then
they'll be in control of the red Zone.
Speaker 4 (06:09):
Which I love that network watching games, I love that.
I love it. You can see so much action.
Speaker 2 (06:14):
You good.
Speaker 3 (06:15):
They're doing that, and they're also grabbing the the link well,
the rights to NFL Fantasy League, which is absolutely huge.
And the NFL meanwhile is going to get a ten
percent stake in ESPN, which of course will raise their
bottom line quite a bit.
Speaker 2 (06:36):
Amazing.
Speaker 4 (06:37):
The NFL is just.
Speaker 2 (06:41):
It's just it's huge.
Speaker 3 (06:42):
They've got to get the money from someplace. I mean,
when you're when you're you know, signing a contract with
a guy for two hundred and twenty nine million dollars
for a three year contract. You either raise prices on
the people attending the games, which they've already done plenty of.
You can't even go see a good Lions game without
paying over two hundred bucks for seat. They've got to
get the money from someplace to cover this.
Speaker 1 (07:03):
That's so that's what they're doing.
Speaker 4 (07:04):
To have to pump up the football for red and
passing it.
Speaker 2 (07:07):
Around, throwing around, start working out again and get into that.
Speaker 3 (07:10):
So with all the good numbers from yesterday and we're
back up and the year to date numbers still look good,
what's the what's the yield on the treasury look like?
Speaker 1 (07:20):
Where are our rates standing and everything?
Speaker 4 (07:22):
Okay, race and those have been coming down a little bit. Uh,
the ten you're sitting currently.
Speaker 2 (07:27):
At four point two to three percent, the two years
sitting at three point seven percent. It's been coming down
this week, just a little bit each day, which has
been nice, all right.
Speaker 1 (07:36):
And overseas.
Speaker 2 (07:39):
We have overseas we have the European market, the Flipsy
down thirty five points. That acts German market up four
hundred and two which is one point sixty eight percent,
nie K is up two hundred and sixty four points
and saying up one hundred and seventy one and the
China Index Shanghai is just up one point. What we're
looking for today Thursday, initial jobless claims, well sale inventories,
(08:04):
consumer credit. We have some reports coming out today, all.
Speaker 3 (08:07):
Right, and some of those, like the Bureau of Labor Statistics,
are preliminary reports.
Speaker 1 (08:12):
They're not the final report.
Speaker 2 (08:15):
I think these are going to be more spot on though.
Speaker 1 (08:17):
All right.
Speaker 3 (08:18):
We'll keep an eye on them and we'll talk about
them tomorrow morning with Tim Wietro from WTRO Wealth Management
four one nine eight two four thirty three hundred. If
you want to reach out Tim w at weetroadvisors dot com,
also on Facebook and LinkedIn. Advisory services are offered through
Capital Investment Advisory Services LLC. Securities are offered through Capital
(08:44):
Investment Group, a member of FINRA SIPC
How are you, mister Whetro.
Speaker 2 (00:06):
I'm pretty good, all right.
Speaker 3 (00:09):
I got a question for you right out of the box,
because we're talking about the Bureau of Labor Statistics and
how the numbers are gathered, and it's a complicated mess.
Speaker 1 (00:20):
How they're gathered, phones.
Speaker 3 (00:23):
Surveys, emails, knocking on people's doors, all kinds of different stuff.
All of that stuff gets gathered all over the country
by thousands of people, all bureaucrats. They compile it, they
send it to the Bureau of Labor Statistics, and they
release a report. They do that every month, right, They
release the preliminary report every single month, all right, and
(00:46):
then they revise. It's always revised. It can be revised up,
it can be revised down. And I just explained why,
because new information comes in blah blah blah blah blah.
Speaker 2 (00:56):
Correct.
Speaker 3 (00:57):
So, while we were in the break, I got a
message on the talkback feature which asked a very pertinent question,
why do they even bother releasing it then? If it's preliminary,
why don't they just wait until they get all the
information and they know that it's right.
Speaker 1 (01:16):
Why don't they release it?
Speaker 4 (01:17):
Then they're getting data all the time.
Speaker 2 (01:23):
They have to release something because then tomorrow they'll get
something different.
Speaker 1 (01:28):
Why do they have to release it? What do you
guys use it for?
Speaker 3 (01:32):
Because we know, well the investors use it, businesses use it.
You know, there's a lot of groups that are looking
at that and waiting for that to make decisions. Wouldn't
you want the most accurate information you could get.
Speaker 2 (01:45):
I think you're getting some of it, but it.
Speaker 4 (01:47):
Does get revised of people getting.
Speaker 2 (01:49):
Higher, people getting let go, But investors want to know
how how's our economy going, are people working? Are things
starting to slow down?
Speaker 4 (01:59):
And this whole thing came because it was such a.
Speaker 2 (02:01):
Dramatic change of when they did it, I mean super dramatic.
Speaker 4 (02:07):
So usually there's.
Speaker 2 (02:08):
A lot of adjustments on it, but nothing this big.
And the person that got like, oh, wasn't she in
charge of this? I mean that division.
Speaker 3 (02:17):
She was in charge of releasing the report. Yeah, it
was her job to release She's in charge.
Speaker 4 (02:22):
Yeah, and when when stuff, and she should be changing
the internal stuff.
Speaker 2 (02:27):
She is responsible for everyone gathering data, be it right
or wrong.
Speaker 4 (02:31):
She is a responsible one. That's why she got whacked, okay,
because overall she's getting paid the most.
Speaker 2 (02:37):
And at the end of the day.
Speaker 4 (02:38):
Who's in charge that person, She's not just the person.
Speaker 2 (02:42):
Who delivers the data. She's in charge of telling Billy
down the street or down the hallway to get the
data correct. And the other problem is how you mentioned
it to your spot on Fred.
Speaker 4 (02:54):
How are they getting the data so archaic computers? Now
we should be gathering boobla boob ba boom.
Speaker 2 (03:00):
But again, yeah, I mean they're not gonna.
Speaker 3 (03:05):
In some cases, they're knocking on doors and making phone calls. Well, look,
I'm I'm busy, I'm running my business. Hey, the Bureau
of Labor Statistics is on the line. Yeah, okay, tell
them we just hired five people.
Speaker 1 (03:18):
Uh and and our payroll is great and blah blah
blah blah blah. I don't get back to work, will you.
Speaker 4 (03:24):
You know, Brad, it's like sending an e. We have
so many phone calls and things.
Speaker 2 (03:29):
They called me.
Speaker 4 (03:30):
I just said, that's not her exactly.
Speaker 2 (03:36):
But you're right.
Speaker 4 (03:37):
I mean it's a mess of how they do some things.
Speaker 2 (03:41):
But again it's the.
Speaker 4 (03:42):
Government, right. It moves real slow.
Speaker 2 (03:45):
It needs to be updated, but it all costs money,
and then you know, taxes get involved. It's just it's
a mess.
Speaker 3 (03:52):
But you guys rely on it, businesses and government agencies.
Speaker 4 (03:57):
It's part of the poorest, it's part of the some
of it that we all put in.
Speaker 1 (04:01):
It's everything that goes into the stew.
Speaker 3 (04:03):
So the stew yesterday we ended up a little higher
thanks to thanks to Apple. Actually more than a third
of the game yesterday came from Apple.
Speaker 1 (04:14):
Give us some numbers.
Speaker 2 (04:16):
Yeah, this company is so big. I mean, it's just
the video Apple. They're just pulling that sp around, you know,
kind of for a third of the S and P's
game one company Apple. You know, they they come out
earning five or it's not going up five percent, but
then they talk about giving to the government or adding
to the US one hundred billion investment over the next
(04:40):
four years. Huge, huge. You know, once all this stuff
gets started and it.
Speaker 4 (04:45):
All takes time, it's not gonna building's.
Speaker 2 (04:47):
Not gonna pop up or somebody's not gonna just pop
up overnight. But it's the process. Somebody has to build
it that's gonna make more jobs. You know, the building,
the computers, it's worked, that goes into getting it here.
So yes, all this stuff will eventually come around and stimulate.
Speaker 4 (05:05):
But we had the gal yesterday.
Speaker 2 (05:07):
Up eighty one points, which is point one eight of
a percent. S and P five hundred up forty five.
Speaker 4 (05:13):
Points, which is point seventy three. And remember a third
of that was Apple, so a lot of companies.
Speaker 2 (05:18):
In the SP didn't do so well. The NAZAC up
two hundred and fifty two, which is one point two
one percent. So tech is is really pushing, but a
lot of earnings coming out, and there's companies not hitting
earnings as well. But Disney dropped two point seven yesterday.
Super micro Computers dropped eighteen point three. The rist of
(05:39):
though networks leaped seventeen point five. McDonald's shop if I
both went up.
Speaker 4 (05:46):
Advanced micro Devices. That's been a.
Speaker 2 (05:48):
Stock, it's been on a tire for a long time
now a few years, but.
Speaker 4 (05:51):
It fell six point four percent. Interesting Disney, ESPN, NFL network. Yeah,
ESPN's going to purchase them.
Speaker 2 (06:02):
Or make make you some agreement, and that's going to
give the NFL a little bit of money and then
they'll be in control of the red Zone.
Speaker 4 (06:09):
Which I love that network watching games, I love that.
I love it. You can see so much action.
Speaker 2 (06:14):
You good.
Speaker 3 (06:15):
They're doing that, and they're also grabbing the the link well,
the rights to NFL Fantasy League, which is absolutely huge.
And the NFL meanwhile is going to get a ten
percent stake in ESPN, which of course will raise their
bottom line quite a bit.
Speaker 2 (06:36):
Amazing.
Speaker 4 (06:37):
The NFL is just.
Speaker 2 (06:41):
It's just it's huge.
Speaker 3 (06:42):
They've got to get the money from someplace. I mean,
when you're when you're you know, signing a contract with
a guy for two hundred and twenty nine million dollars
for a three year contract. You either raise prices on
the people attending the games, which they've already done plenty of.
You can't even go see a good Lions game without
paying over two hundred bucks for seat. They've got to
get the money from someplace to cover this.
Speaker 1 (07:03):
That's so that's what they're doing.
Speaker 4 (07:04):
To have to pump up the football for red and
passing it.
Speaker 2 (07:07):
Around, throwing around, start working out again and get into that.
Speaker 3 (07:10):
So with all the good numbers from yesterday and we're
back up and the year to date numbers still look good,
what's the what's the yield on the treasury look like?
Speaker 1 (07:20):
Where are our rates standing and everything?
Speaker 4 (07:22):
Okay, race and those have been coming down a little bit. Uh,
the ten you're sitting currently.
Speaker 2 (07:27):
At four point two to three percent, the two years
sitting at three point seven percent. It's been coming down
this week, just a little bit each day, which has
been nice, all right.
Speaker 1 (07:36):
And overseas.
Speaker 2 (07:39):
We have overseas we have the European market, the Flipsy
down thirty five points. That acts German market up four
hundred and two which is one point sixty eight percent,
nie K is up two hundred and sixty four points
and saying up one hundred and seventy one and the
China Index Shanghai is just up one point. What we're
looking for today Thursday, initial jobless claims, well sale inventories,
(08:04):
consumer credit. We have some reports coming out today, all.
Speaker 3 (08:07):
Right, and some of those, like the Bureau of Labor Statistics,
are preliminary reports.
Speaker 1 (08:12):
They're not the final report.
Speaker 2 (08:15):
I think these are going to be more spot on though.
Speaker 1 (08:17):
All right.
Speaker 3 (08:18):
We'll keep an eye on them and we'll talk about
them tomorrow morning with Tim Wietro from WTRO Wealth Management
four one nine eight two four thirty three hundred. If
you want to reach out Tim w at weetroadvisors dot com,
also on Facebook and LinkedIn. Advisory services are offered through
Capital Investment Advisory Services LLC. Securities are offered through Capital
(08:44):
Investment Group, a member of FINRA SIPC
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