June 16, 2025 • 7 mins
The Iran-Israel conflict is affectiing petroleum prices worldwide. Tim has 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 wheetrow Fred.
Speaker 2 (00:04):
It's Monday, we're back after it. I'm fantastic, but it
sounds like you're wrestling at Tiger or something else.
Speaker 3 (00:10):
Of course you're fantastic, because all you had to do
was pick up.
Speaker 1 (00:13):
The damn phone and the dial a number.
Speaker 3 (00:17):
I got. I got iCloud problems, I got PC problems.
I'm playing stuff off computers. I'm not even supposed to
play stuff off of Meanwhile, the guys, the IT guys
are reaching out to me with text messages and phone calls,
which obviously I can't take because I'm trying to talk.
Speaker 1 (00:39):
You know, Oh my god, what a Monday.
Speaker 2 (00:43):
But let's talk about the market and you can sit
back and try to fix some stuff.
Speaker 1 (00:47):
Yes, please, let's talk about the market.
Speaker 3 (00:49):
According to the headline from Friday evening, oil prices leaped
seven percent. US stock slumped some of that more than
one percent. About the market, and it's exactly what you
said Friday morning. You said, when the market opens, we'll
keep an eye on what's going on because the attacks
(01:09):
on Iran, on their oil fields and their oil surplus
are going to have an effect.
Speaker 1 (01:14):
And that's exactly what happened. Give us the details.
Speaker 2 (01:18):
Yeah, that is exactly what happened. And then I believe
it was last night or this morning for them. I
ran shot back, so killing a few people over there.
It got through the dome. So this thing isn't isn't
slowing down at all. But right now our futures are
pointing higher. Okay, that's a good sign. But on Friday,
the Dow was down seven and sixty nine, almost seven
(01:39):
and seventy points, which is one point seventy nine to
the negative. Okay, now the five day on the dow
that took away any game. We're now down for the
five days negative one point three to two, so wiped
it out. Same thing with the S and P five
hundred down sixty eight points, which is one point one
to three negative, which brings that five day down to
point thirty nine negative. And then the Nazak off two
(02:02):
hundred and fifty five points. That's one on one point
three percent negative, and their five days point sixty three.
Now we look, we'll recap you're to date. The Dow
is negative right now point eight one, the S and
P five hundred is positive one point sixty two, and
the Nazak is positive half percent.
Speaker 1 (02:20):
All right, so.
Speaker 2 (02:22):
We're back, you know we in the sp Remember back
in April we dropped to twenty percent negative and then
it smounce right back. So lot going on in the world.
Speaker 3 (02:32):
So now one of the things, and I don't know
how you'll be able to explain this or not, but
one of the things. Of course, Facebook blows up and
X blows up with people who don't understand how world
markets work. And of course there was the hey, you
know Iran, I believe it was Mark Levin. Iran just
(02:53):
lost all of its surplus oil. Blah blah blah blah blah,
as though that were some kind of celebration. Somebody was
pointed out, well, that means gas prices are going to
go up, and somebody else pointed out, no, it won't
because we don't get any of our oil from Iran
because of the blockade. They have no understanding that. Yeah,
(03:15):
that's going to hurt because everybody buys from everybody, so
there's only x amount of oil.
Speaker 1 (03:22):
There will be a shortage, now.
Speaker 2 (03:23):
Right right, there could be a story shortage. You're right.
The barre of oil is traded throughout the world, so
we're all looking at the price and that's what they're
going to judge it on. So you're right. The bear
of oil, the standard is up. It's sitting right now
seventy dollars fifty one cents. But it's been higher this year.
Right now, the gasoline the average is three fourteen cents.
Ohio is three dollars and five cents the average. That's
(03:47):
not so bad. So it's been higher. But yes, so
this keeps going on. You know, they have to move
the oil, and if you take some of it out
of it, yes, it can push up the price prices overall.
And that goes to show X on mobile rose two
point two kind of go gain two point four percent.
But then if you look at the Lockheed Martin Northrok
Gumman Rummen RTX, they're up over three percent. So war
(04:12):
produces some of these things to go go higher.
Speaker 3 (04:15):
All right, Probably should gold went up to people are
looking what for a same place to put their money?
Speaker 2 (04:20):
Apparently, you bet Gold's been on a very big run
over a year now. It's really been climbing. But also
gold win up one point four percent. But then if
you look at the downside, anything that uses fuel, Carnival
Carnival drop four point nine. Norwegian Cruise Line drop about
(04:40):
five percent, United Airlines thank four point four. So you
just got a picture. Who's gonna use Who's gonna buy
more gas, more diesel, anything like that. They went down
because they have to get they're gonna have to pay
more for it. But this could be an overreaction. Like
I said, the futures are pointing higher today, so we'll
see where we're this fighting and where our stock it goes.
Speaker 3 (05:00):
Okay, now, inflation pretty relatively tame. But there was the
report on Friday about US consumer sentiment and that actually
looked pretty good, didn't it.
Speaker 2 (05:13):
Yeah, it's gone up the first time six months, so
people are feeling positive how things are moving, unlike them
from what you hear a lot about. But I liked
seeing that number. And remember, the fat is going to
come out. They're going to start meeting on Tuesday, and
then by Wednesday we're going to know if they're gonna
either decrease interest rates or keep them the same. But
(05:35):
we want to know what they're thinking. Okay, are they
going to cut more this year? Are they going to
cut So it'd be interesting what comes on on Wednesday?
All right?
Speaker 1 (05:42):
Cool?
Speaker 3 (05:42):
And then there's one last thing, and I just I
noticed it at the end of the report. A Brazilian
meat well they call it meat Giant, probably a packer
and a butcher on one of those giant corporations made
a debut, made their debut on the New York Stock Exchange.
Speaker 1 (06:00):
Now, how does that happen?
Speaker 3 (06:01):
How do you so you're a brand new You're not
necessarily a brand new company.
Speaker 1 (06:05):
This company has been around for a while.
Speaker 3 (06:07):
Why would you go and offer your stock on the
New York Stock has changed?
Speaker 1 (06:12):
Why would you make that debut in the first time?
Speaker 2 (06:13):
They want to raise money for d You're going to
raise money and more people can get involved with it
gives them more opportunity.
Speaker 3 (06:21):
Okay, all right, Well I'd like to keep an eye
on that, because the word in the report was that
US lawmakers and environmentalists and a whole bunch of people
don't like this company because of charges of corruption and
environmental destruction and all.
Speaker 1 (06:39):
Kinds of other stuff.
Speaker 3 (06:40):
Yeah, this is a company, it's JBS, JBS at Brazil
and Meat Jian. So apparently they've got a bad reputation. No,
which is why I was curious just to But it
makes sense now, all right, if they've got a bad
reputation in Brazil.
Speaker 1 (06:58):
Maybe it's a good idea to go.
Speaker 3 (07:00):
To the New York Stock Exchange and you know, for
people who aren't paying real close attention to go ahead
and buy stock.
Speaker 2 (07:07):
Some investors will come out. This could be a stock
that could take off. But you're right, if there's if
there's corruption of things, it will all come, it'll all settle, Okay.
But yes, they're trying to raise money. So all right,
we'll see.
Speaker 1 (07:19):
Well, we'll keep an eye on that.
Speaker 3 (07:20):
We'll talk to Tim again tomorrow morning if you need
to reach them before that. Four one nine eight two
four thirty three hundred Tim w at Weetroadvisors dot Com
also on Facebook. Advisory services are offered through Capital Investment
Advisory Services l LC. Securities are offered through Capital Investment Group,
(07:41):
a member of FINRA SIPC
How are you, mister wheetrow Fred.
Speaker 2 (00:04):
It's Monday, we're back after it. I'm fantastic, but it
sounds like you're wrestling at Tiger or something else.
Speaker 3 (00:10):
Of course you're fantastic, because all you had to do
was pick up.
Speaker 1 (00:13):
The damn phone and the dial a number.
Speaker 3 (00:17):
I got. I got iCloud problems, I got PC problems.
I'm playing stuff off computers. I'm not even supposed to
play stuff off of Meanwhile, the guys, the IT guys
are reaching out to me with text messages and phone calls,
which obviously I can't take because I'm trying to talk.
Speaker 1 (00:39):
You know, Oh my god, what a Monday.
Speaker 2 (00:43):
But let's talk about the market and you can sit
back and try to fix some stuff.
Speaker 1 (00:47):
Yes, please, let's talk about the market.
Speaker 3 (00:49):
According to the headline from Friday evening, oil prices leaped
seven percent. US stock slumped some of that more than
one percent. About the market, and it's exactly what you
said Friday morning. You said, when the market opens, we'll
keep an eye on what's going on because the attacks
(01:09):
on Iran, on their oil fields and their oil surplus
are going to have an effect.
Speaker 1 (01:14):
And that's exactly what happened. Give us the details.
Speaker 2 (01:18):
Yeah, that is exactly what happened. And then I believe
it was last night or this morning for them. I
ran shot back, so killing a few people over there.
It got through the dome. So this thing isn't isn't
slowing down at all. But right now our futures are
pointing higher. Okay, that's a good sign. But on Friday,
the Dow was down seven and sixty nine, almost seven
(01:39):
and seventy points, which is one point seventy nine to
the negative. Okay, now the five day on the dow
that took away any game. We're now down for the
five days negative one point three to two, so wiped
it out. Same thing with the S and P five
hundred down sixty eight points, which is one point one
to three negative, which brings that five day down to
point thirty nine negative. And then the Nazak off two
(02:02):
hundred and fifty five points. That's one on one point
three percent negative, and their five days point sixty three.
Now we look, we'll recap you're to date. The Dow
is negative right now point eight one, the S and
P five hundred is positive one point sixty two, and
the Nazak is positive half percent.
Speaker 1 (02:20):
All right, so.
Speaker 2 (02:22):
We're back, you know we in the sp Remember back
in April we dropped to twenty percent negative and then
it smounce right back. So lot going on in the world.
Speaker 3 (02:32):
So now one of the things, and I don't know
how you'll be able to explain this or not, but
one of the things. Of course, Facebook blows up and
X blows up with people who don't understand how world
markets work. And of course there was the hey, you
know Iran, I believe it was Mark Levin. Iran just
(02:53):
lost all of its surplus oil. Blah blah blah blah blah,
as though that were some kind of celebration. Somebody was
pointed out, well, that means gas prices are going to
go up, and somebody else pointed out, no, it won't
because we don't get any of our oil from Iran
because of the blockade. They have no understanding that. Yeah,
(03:15):
that's going to hurt because everybody buys from everybody, so
there's only x amount of oil.
Speaker 1 (03:22):
There will be a shortage, now.
Speaker 2 (03:23):
Right right, there could be a story shortage. You're right.
The barre of oil is traded throughout the world, so
we're all looking at the price and that's what they're
going to judge it on. So you're right. The bear
of oil, the standard is up. It's sitting right now
seventy dollars fifty one cents. But it's been higher this year.
Right now, the gasoline the average is three fourteen cents.
Ohio is three dollars and five cents the average. That's
(03:47):
not so bad. So it's been higher. But yes, so
this keeps going on. You know, they have to move
the oil, and if you take some of it out
of it, yes, it can push up the price prices overall.
And that goes to show X on mobile rose two
point two kind of go gain two point four percent.
But then if you look at the Lockheed Martin Northrok
Gumman Rummen RTX, they're up over three percent. So war
(04:12):
produces some of these things to go go higher.
Speaker 3 (04:15):
All right, Probably should gold went up to people are
looking what for a same place to put their money?
Speaker 2 (04:20):
Apparently, you bet Gold's been on a very big run
over a year now. It's really been climbing. But also
gold win up one point four percent. But then if
you look at the downside, anything that uses fuel, Carnival
Carnival drop four point nine. Norwegian Cruise Line drop about
(04:40):
five percent, United Airlines thank four point four. So you
just got a picture. Who's gonna use Who's gonna buy
more gas, more diesel, anything like that. They went down
because they have to get they're gonna have to pay
more for it. But this could be an overreaction. Like
I said, the futures are pointing higher today, so we'll
see where we're this fighting and where our stock it goes.
Speaker 3 (05:00):
Okay, now, inflation pretty relatively tame. But there was the
report on Friday about US consumer sentiment and that actually
looked pretty good, didn't it.
Speaker 2 (05:13):
Yeah, it's gone up the first time six months, so
people are feeling positive how things are moving, unlike them
from what you hear a lot about. But I liked
seeing that number. And remember, the fat is going to
come out. They're going to start meeting on Tuesday, and
then by Wednesday we're going to know if they're gonna
either decrease interest rates or keep them the same. But
(05:35):
we want to know what they're thinking. Okay, are they
going to cut more this year? Are they going to
cut So it'd be interesting what comes on on Wednesday?
All right?
Speaker 1 (05:42):
Cool?
Speaker 3 (05:42):
And then there's one last thing, and I just I
noticed it at the end of the report. A Brazilian
meat well they call it meat Giant, probably a packer
and a butcher on one of those giant corporations made
a debut, made their debut on the New York Stock Exchange.
Speaker 1 (06:00):
Now, how does that happen?
Speaker 3 (06:01):
How do you so you're a brand new You're not
necessarily a brand new company.
Speaker 1 (06:05):
This company has been around for a while.
Speaker 3 (06:07):
Why would you go and offer your stock on the
New York Stock has changed?
Speaker 1 (06:12):
Why would you make that debut in the first time?
Speaker 2 (06:13):
They want to raise money for d You're going to
raise money and more people can get involved with it
gives them more opportunity.
Speaker 3 (06:21):
Okay, all right, Well I'd like to keep an eye
on that, because the word in the report was that
US lawmakers and environmentalists and a whole bunch of people
don't like this company because of charges of corruption and
environmental destruction and all.
Speaker 1 (06:39):
Kinds of other stuff.
Speaker 3 (06:40):
Yeah, this is a company, it's JBS, JBS at Brazil
and Meat Jian. So apparently they've got a bad reputation. No,
which is why I was curious just to But it
makes sense now, all right, if they've got a bad
reputation in Brazil.
Speaker 1 (06:58):
Maybe it's a good idea to go.
Speaker 3 (07:00):
To the New York Stock Exchange and you know, for
people who aren't paying real close attention to go ahead
and buy stock.
Speaker 2 (07:07):
Some investors will come out. This could be a stock
that could take off. But you're right, if there's if
there's corruption of things, it will all come, it'll all settle, Okay.
But yes, they're trying to raise money. So all right,
we'll see.
Speaker 1 (07:19):
Well, we'll keep an eye on that.
Speaker 3 (07:20):
We'll talk to Tim again tomorrow morning if you need
to reach them before that. Four one nine eight two
four thirty three hundred Tim w at Weetroadvisors dot Com
also on Facebook. Advisory services are offered through Capital Investment
Advisory Services l LC. Securities are offered through Capital Investment Group,
(07:41):
a member of FINRA SIPC
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