Episode Transcript
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Speaker 1 (00:00):
How are you, mister wheetrow.
Speaker 2 (00:03):
Bred.
Speaker 3 (00:04):
I have to be fantastic Friday. We're coming into the
holidays where we're getting.
Speaker 2 (00:08):
A little time up and we have to clear the
air here.
Speaker 3 (00:10):
You're going on vacation. I'm just going on vacation from
the show. I bet, don't ask me, but I go,
I'm going on vacation.
Speaker 4 (00:20):
Yeah, sorry, sorry. He'll be in the office. He'll be
in the office working diligently. I'll be sitting at home
binge watching Netflix.
Speaker 1 (00:28):
So that's the difference.
Speaker 2 (00:30):
We are not the same, and just just the the
markets that you saying, I'm going on vacation, Bred, and boom,
the markets went up.
Speaker 1 (00:41):
I saw that. I saw that.
Speaker 4 (00:43):
I told I asked you yesterday, I said, did they
already bake my vacation in? And it looks like they had.
The headline says Wall Street Rises. There was an encouraging
inflation update. It wasn't nearly as bad as they thought
it was going to be.
Speaker 1 (00:57):
Micron stopped their slide.
Speaker 4 (00:59):
So AI did some some pretty good trading yesterday.
Speaker 1 (01:02):
Give us some numbers.
Speaker 2 (01:04):
It's like Christmas came a little early on yesterday, so
you are correct.
Speaker 3 (01:09):
The CPI came in year over year. It was at three.
They were expecting you to pop up to three. Well,
pop up, we go up to three point one. It
came in at two point seven. The core, if you
take out food and energy, it was at three. They
were expecting you to stay at three. It came in
at two point six percent. It's it's inching down and
that's good news.
Speaker 2 (01:30):
And the market Pelvis as well as long along with Micron.
It had good earrings and it went.
Speaker 3 (01:35):
Up ten percent yesterday on its earnings, so that helped
bring up technology.
Speaker 2 (01:40):
But the Dow finished up sixty five, almost sixty six points,
which is point one four of a percent.
Speaker 3 (01:46):
That's a P five hundred up fifty three points, which
is point seven nine of a percent. And then Naszac
got three hundred and thirteen, which is one point three
eight percent.
Speaker 2 (01:56):
This is our last show this year. Year to date,
the Dow is.
Speaker 3 (02:00):
Up eleven point nine to three. That's the P five
hundred up fourteen point two to three, and the Nazac
up seventeen point five four percent. It was over twenty
at one point, but I'll take seventeen and a half
any day.
Speaker 1 (02:13):
Absolutely No.
Speaker 4 (02:14):
These last couple of weeks there would be guys taking
vacation also actually real vacation, not like not like you
taking just vacation from the show.
Speaker 1 (02:25):
But there'll be guys on Wall Street taking vacation.
Speaker 4 (02:27):
Do things normally slow down these last couple of weeks cyclically,
and are we expecting any big news in the last
two weeks report wise?
Speaker 2 (02:35):
Yeah, things do slow down. The volume isn't quite as high,
and there's also profit taking going on. That's what puts
some of the pressure on. But yes, we're still getting
reports out here. Fred.
Speaker 3 (02:45):
If we look into next week, we have the well,
the government was closed, so we're getting.
Speaker 2 (02:49):
The third quarter. It was a delayed report of GDP
on Tuesday. Okay, that's kind of.
Speaker 3 (02:54):
The main report next week. But the reports today that
are coming out existing home sales at ten o'clock. Also
at ten o'clock we get consumer sentiment, so we're going
to get a good feel of how people are feeling.
All that might not be as popular, but numbers are,
I mean, the numbers screamed. They are starting to work
in the right direction. But I'm interested to see the
(03:15):
GDP next week.
Speaker 4 (03:17):
All right, and a lot of this stuff will show
up in your newsletter, right that people can sign up for.
Speaker 2 (03:23):
Oh you bet. It comes out every week, all right.
Speaker 1 (03:25):
Once a week, and you can sign up for that.
Speaker 4 (03:27):
And all you have to do is either write to
mister Wheetrow or hit him up on Facebook or LinkedIn
and get that done. How are we looking abroad and
what do the futures look like this morning?
Speaker 2 (03:39):
Well, we're currently sitting with our futures.
Speaker 3 (03:40):
Are pointing up again, but again we know anything can happen.
We have some earnings coming out with his paycheck.
Speaker 2 (03:47):
Is going to come out with their ownings.
Speaker 3 (03:48):
Carnival and Canagra are coming out today. So see some
interesting reports there and see if that helps. Overseas, we
have the Japan indexaniek is up five hundred and five points,
which is a little over one percent, the Hong.
Speaker 2 (04:02):
Kong the hang saying of one hundred and ninety two.
Speaker 3 (04:05):
Which is point seventy five percent. If we go to Europe,
we have the German Dacks down twenty points, which is
point zero eight, the cac at France is down nine
almost ten points, and the foot Seat is up just
a little at point three zero.
Speaker 1 (04:20):
All right, terrific, Thank you very much. Listen. I have
a very merry Christmas.
Speaker 4 (04:24):
To you and everyone in the Vietro Wealth Management Office,
and I will talk to you on Monday, January fifth.
Happy holidays right if you want to get a hold
of mister Wheatro before we come back on the fifth.
Four one, nine, eight, two, four thirty three hundred, Tim
w at Wietroadvisors, dot Com, Facebook and LinkedIn. Also, advisory
(04:48):
services are offered through Capital Investment Advisory Services LLC. Securities
are offered through Capital Investment Group, a member of Finra
si p C there right now, In fact,