July 29, 2025 • 6 mins
A quiet day to get us started on what is expected to be a busy week. More earnings reports along with a Fed meeting on Wednesday could shake things up.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
How are you, mister wheat trom fantastic?
Speaker 2 (00:03):
Pred you should be after another week?
Speaker 1 (00:06):
Well, I know ful. And I looked at the headline
last night though, when I was doing my show prep uh,
and it said we started slowly. All right, that's okay.
It was a Monday. We start with a whisper. But boy,
we got a lot of stuff to look forward to
this week. Let's take a look at what happened yesterday. First,
it says we started with a whisper. Things were kind
(00:26):
of quiet, I guess on the trading floor.
Speaker 2 (00:29):
Yeah, a little little, little slow going at it, but
we had had zero economic news.
Speaker 3 (00:34):
To really grab a hold of. We're looking at earnings
on companies and we're getting companies that come out. We're
getting decent earnings. If we look at Revity rev.
Speaker 2 (00:44):
VITTI, if I say it right, it was kind of.
Speaker 3 (00:46):
A web blanket. It gave good report, it had good earnings.
Speaker 2 (00:49):
Yeah, revenue, SMA price for share, but still dropped eight
point three percent. But what we did have driving the markets.
Speaker 3 (00:57):
We're going to go back to a couple of years
ago when we had tech boom, and that's exactly what
was going on.
Speaker 2 (01:02):
We had TESL Rose three percent.
Speaker 3 (01:04):
Their testl was making a deal with Samsung to get
new chips.
Speaker 2 (01:08):
We have.
Speaker 3 (01:11):
We have a MD Advanced micros four point three. Super
Micro's computers rode ten point two, So we had tech
driving the market. If you look at the sector, the
technology sector in the S and P was up point seven.
Speaker 2 (01:25):
To seven percent, tied right with the energy.
Speaker 3 (01:28):
Sector going up one point one five. Those are the
two biggest climbers in the SMP. And you got to.
Speaker 2 (01:35):
Kind of keep your eye on that energy because.
Speaker 3 (01:37):
That's tied right to the tech because all these big
tech institutions are being built to make chips and AI
stuff are going to need energy. So it's just interesting
to watch that. And as we ended the day yesterday,
we had the Dow ended up down sixty four points,
which is point one four so not a big big
(01:58):
move S and P five better, not a big move
up up one point one to three which is point
zero two. So just hanging in there. But here's a
Nasazok up seventy points, which is point three three percent,
and we're getting about a third of the earnings coming
out this week. Really a lot of big big companies
coming out like Visa, UH PNG and Boweling today and
(02:21):
then on the earning side, I mean, how do you
feel about the economy right?
Speaker 2 (02:24):
Because consumer confidence.
Speaker 1 (02:26):
Ten am here's I was out. I was out at
Art on the Mall on Sunday. There were literally at
ten o'clock in the morning, right when they opened, there
were hundreds of people already out spending money. I was
out at Bag. I was out at Bag of Nails
last night for dinner. The place was full, all right,
(02:49):
and it ain't cheap, right, and the place was amazing.
Every time I go to Costco, it doesn't matter. I
tried to beat the rush this past Saturday. By they're
right when the door's open, it doesn't matter. The place
is packed. So people are spending. Not whether they're spending
cash or putting it on their credit card or debit card,
(03:12):
I don't know. And that's the other thing that at
some point you've got to look at. We're stimulating the economy.
I just don't know if we're doing it with our
credit cards or not.
Speaker 2 (03:23):
Well, at ten o'clock we're going to see what consumer.
Speaker 3 (03:25):
Confidence number is. They're expected to go up.
Speaker 2 (03:27):
It was at ninety three.
Speaker 3 (03:28):
It's going to commitment ninety four point one. Now tomorrow though.
Speaker 2 (03:31):
And I'm going to reference back tomorrow.
Speaker 3 (03:33):
At eight point thirty, we're getting the GDP.
Speaker 2 (03:36):
Second quarter report.
Speaker 3 (03:39):
Now, we took the first negative negative quarters. The first
quarter was intered up negative point five.
Speaker 2 (03:47):
They're expecting two point three, and in my world that's
an increase, correct, okay, And I have an article here.
It says, Wendy, we'll see the first estimates on how
quickly the US economy is going to grow in the
spring economy. Expect to see a slowdown from the first
three months.
Speaker 3 (04:04):
I don't see that, and why so.
Speaker 2 (04:06):
Be careful what you read out there and how.
Speaker 3 (04:08):
You interpret it. It's like it's this is ridiculous.
Speaker 2 (04:12):
They're expecting it to go up.
Speaker 3 (04:13):
But I said, and I have I'm holding. You can
hear the paper.
Speaker 2 (04:18):
On six, nineteen twenty five. I recircled it and said,
if we take another quarter, they are going to negative quarter.
We are going to beat us over the head with it,
over and over and over in Carter recession.
Speaker 3 (04:30):
When before they would say.
Speaker 2 (04:31):
Oh, that's not how we measure it, right, nuance, I'm
holding it.
Speaker 1 (04:35):
It'll be nuanced. And then Wednesday the Fed will do
its latest announcement, and if what I'm reading is right.
Most people assume, most experts, again, that's anybody who lives
more than sixty miles away from Toledo. Most of them
assume that nothing's going to happen yet, but could happen
in September maybe, right.
Speaker 3 (04:57):
Yeah, that's what they're estimating. But as you know, Trump's
been working on the old fed uh pounding away. They've
got a lower rates. So we're going to see. You're right,
they're expecting nothing that comes out at two o'clock tomorrow
and we're going to see what's going to happen. So
bunch earnings coming out.
Speaker 1 (05:14):
How's how's Europe holding up? You're up in Asia with
the news of the Japan trade agreement and the EU agreement.
Now with the US.
Speaker 3 (05:23):
Well, currently we're sitting at the Fuzzy up fifty nine,
even though yeah, Fluzzi's up. The Dax is up three
hundred and eleven points. That CAC France, even though they're
complaining about the deal, they're up one hundred and thirteen
right now. Uh Tokyo Index up our negative twenty two.
The knee K's down three hundred and twenty three. Tiny
(05:43):
Index is up sixteen points.
Speaker 1 (05:45):
All right, we'll keep an eye on all of that.
Don't forget Tomorrow is a weetro Wednesday. Hopefully it'll be
a good one. Now if you reach out to Tim
before then four one nine eight two four thirty three hundred,
Tim W. Wheetrow Advisors dot com, face book on LinkedIn.
Advisory services are offered through Capital Investment Advisory Services. LC
(06:07):
securities are offered through Capital Investment Group, a member of
FINRA SIPC
How are you, mister wheat trom fantastic?
Speaker 2 (00:03):
Pred you should be after another week?
Speaker 1 (00:06):
Well, I know ful. And I looked at the headline
last night though, when I was doing my show prep uh,
and it said we started slowly. All right, that's okay.
It was a Monday. We start with a whisper. But boy,
we got a lot of stuff to look forward to
this week. Let's take a look at what happened yesterday. First,
it says we started with a whisper. Things were kind
(00:26):
of quiet, I guess on the trading floor.
Speaker 2 (00:29):
Yeah, a little little, little slow going at it, but
we had had zero economic news.
Speaker 3 (00:34):
To really grab a hold of. We're looking at earnings
on companies and we're getting companies that come out. We're
getting decent earnings. If we look at Revity rev.
Speaker 2 (00:44):
VITTI, if I say it right, it was kind of.
Speaker 3 (00:46):
A web blanket. It gave good report, it had good earnings.
Speaker 2 (00:49):
Yeah, revenue, SMA price for share, but still dropped eight
point three percent. But what we did have driving the markets.
Speaker 3 (00:57):
We're going to go back to a couple of years
ago when we had tech boom, and that's exactly what
was going on.
Speaker 2 (01:02):
We had TESL Rose three percent.
Speaker 3 (01:04):
Their testl was making a deal with Samsung to get
new chips.
Speaker 2 (01:08):
We have.
Speaker 3 (01:11):
We have a MD Advanced micros four point three. Super
Micro's computers rode ten point two, So we had tech
driving the market. If you look at the sector, the
technology sector in the S and P was up point seven.
Speaker 2 (01:25):
To seven percent, tied right with the energy.
Speaker 3 (01:28):
Sector going up one point one five. Those are the
two biggest climbers in the SMP. And you got to.
Speaker 2 (01:35):
Kind of keep your eye on that energy because.
Speaker 3 (01:37):
That's tied right to the tech because all these big
tech institutions are being built to make chips and AI
stuff are going to need energy. So it's just interesting
to watch that. And as we ended the day yesterday,
we had the Dow ended up down sixty four points,
which is point one four so not a big big
(01:58):
move S and P five better, not a big move
up up one point one to three which is point
zero two. So just hanging in there. But here's a
Nasazok up seventy points, which is point three three percent,
and we're getting about a third of the earnings coming
out this week. Really a lot of big big companies
coming out like Visa, UH PNG and Boweling today and
(02:21):
then on the earning side, I mean, how do you
feel about the economy right?
Speaker 2 (02:24):
Because consumer confidence.
Speaker 1 (02:26):
Ten am here's I was out. I was out at
Art on the Mall on Sunday. There were literally at
ten o'clock in the morning, right when they opened, there
were hundreds of people already out spending money. I was
out at Bag. I was out at Bag of Nails
last night for dinner. The place was full, all right,
(02:49):
and it ain't cheap, right, and the place was amazing.
Every time I go to Costco, it doesn't matter. I
tried to beat the rush this past Saturday. By they're
right when the door's open, it doesn't matter. The place
is packed. So people are spending. Not whether they're spending
cash or putting it on their credit card or debit card,
(03:12):
I don't know. And that's the other thing that at
some point you've got to look at. We're stimulating the economy.
I just don't know if we're doing it with our
credit cards or not.
Speaker 2 (03:23):
Well, at ten o'clock we're going to see what consumer.
Speaker 3 (03:25):
Confidence number is. They're expected to go up.
Speaker 2 (03:27):
It was at ninety three.
Speaker 3 (03:28):
It's going to commitment ninety four point one. Now tomorrow though.
Speaker 2 (03:31):
And I'm going to reference back tomorrow.
Speaker 3 (03:33):
At eight point thirty, we're getting the GDP.
Speaker 2 (03:36):
Second quarter report.
Speaker 3 (03:39):
Now, we took the first negative negative quarters. The first
quarter was intered up negative point five.
Speaker 2 (03:47):
They're expecting two point three, and in my world that's
an increase, correct, okay, And I have an article here.
It says, Wendy, we'll see the first estimates on how
quickly the US economy is going to grow in the
spring economy. Expect to see a slowdown from the first
three months.
Speaker 3 (04:04):
I don't see that, and why so.
Speaker 2 (04:06):
Be careful what you read out there and how.
Speaker 3 (04:08):
You interpret it. It's like it's this is ridiculous.
Speaker 2 (04:12):
They're expecting it to go up.
Speaker 3 (04:13):
But I said, and I have I'm holding. You can
hear the paper.
Speaker 2 (04:18):
On six, nineteen twenty five. I recircled it and said,
if we take another quarter, they are going to negative quarter.
We are going to beat us over the head with it,
over and over and over in Carter recession.
Speaker 3 (04:30):
When before they would say.
Speaker 2 (04:31):
Oh, that's not how we measure it, right, nuance, I'm
holding it.
Speaker 1 (04:35):
It'll be nuanced. And then Wednesday the Fed will do
its latest announcement, and if what I'm reading is right.
Most people assume, most experts, again, that's anybody who lives
more than sixty miles away from Toledo. Most of them
assume that nothing's going to happen yet, but could happen
in September maybe, right.
Speaker 3 (04:57):
Yeah, that's what they're estimating. But as you know, Trump's
been working on the old fed uh pounding away. They've
got a lower rates. So we're going to see. You're right,
they're expecting nothing that comes out at two o'clock tomorrow
and we're going to see what's going to happen. So
bunch earnings coming out.
Speaker 1 (05:14):
How's how's Europe holding up? You're up in Asia with
the news of the Japan trade agreement and the EU agreement.
Now with the US.
Speaker 3 (05:23):
Well, currently we're sitting at the Fuzzy up fifty nine,
even though yeah, Fluzzi's up. The Dax is up three
hundred and eleven points. That CAC France, even though they're
complaining about the deal, they're up one hundred and thirteen
right now. Uh Tokyo Index up our negative twenty two.
The knee K's down three hundred and twenty three. Tiny
(05:43):
Index is up sixteen points.
Speaker 1 (05:45):
All right, we'll keep an eye on all of that.
Don't forget Tomorrow is a weetro Wednesday. Hopefully it'll be
a good one. Now if you reach out to Tim
before then four one nine eight two four thirty three hundred,
Tim W. Wheetrow Advisors dot com, face book on LinkedIn.
Advisory services are offered through Capital Investment Advisory Services. LC
(06:07):
securities are offered through Capital Investment Group, a member of
FINRA SIPC
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