June 13, 2025 • 7 mins
Oracle led the way yesterday as the Markets got close to previous records. 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 Whetrow.
Speaker 2 (00:03):
I'm fantastic Friday.
Speaker 1 (00:04):
Who should be fantastic, right, but it's Friday the thirteenth,
So yeah, we don't care, but we don't. We already
saw the downtick yesterday. Today things are gonna explode. It's
gonna be beautiful on Wall Street. I'm gonna make a
lot of money. Investors are happy. Yeah, everything, So no,
(00:28):
you don't think so.
Speaker 2 (00:30):
No, No, what happened last night? Right? No? What?
Speaker 1 (00:34):
Uh?
Speaker 2 (00:35):
Israel bomb irane?
Speaker 1 (00:37):
Oh? Oh the hell?
Speaker 2 (00:39):
Look out some of that which is affecting the barrel
of oil, which is up eight percent right now, so
it's trading really seventy three dollars and seventy nine cents,
so your your gasoline prices could go up okay days, Okay.
Speaker 1 (00:53):
But I don't.
Speaker 2 (00:53):
I don't want to be negative because yeah, that's overreacting
on the barrel of oil. Life. Yeah, so that happened.
That pushed the futures down this morning. So right now
we are in negative territory in the futures. But yesterday,
as soon as I pull it up here, we were up.
Get to the right screen. Sorry about that, Fred, That's
(01:15):
all right. We were at the DAW was up one
hundred and one points, almost one hundred and two, which
is point twenty four percent. The NASDAC up forty six,
almost forty seven points, which is point two four percent. Yes,
the P five hundred up twenty three, which is point
three eighty percent. So we had a good day yesterday,
but anything can happen during the day to day on
the futures. Yeah, and when the market opened. So yeah,
(01:38):
I look forward to a decent February Friday, the thirteenth,
But yeah, all good.
Speaker 1 (01:45):
No, we lost a little bit yesterday, but we still
got closer to especially because of Oracle. I mean they
jumped like in the teens. Wasn't it something like thirteen
percent or something.
Speaker 2 (01:58):
Oracle came out with their ear and they were up
thirteen point three. But they delivered a They delivered profit
revenue which was strong. But during their conversation afterwards, they're
saying the revenue growth will be dramatically higher moving forward
for the next fiscal years, So I mean they're coming
out strong. They're not worried about the tariffs. They come
(02:20):
out and said, hey, we're doing the right thing. We're
going to be making money, which that pushed a lot
of the markets forward.
Speaker 1 (02:27):
And we did have two reports yesterday, one on inflation
and then the jobless claims, and they kind of affected
the treasury yields and that market. Where are we standing
right now this morning, after everything is kind of settled down,
after the dust is settled, to.
Speaker 2 (02:44):
Bet you the PPI which yesterday or the day before
on Wednesday, the CPI came out a little better than expected.
Didn't take a big increase or anything, or everyone's worried
about the tariffs. PPI came out yesterday and came in
very good. The core actually taking out energy and food.
The core actually came down a little bit, which is outstanding.
People liked it. And then the initial jobless claims though
(03:08):
crept up. It's the same from last month, but a
little bit more than expecting two hundred and forty eight
thousands expecting two urn in forty six thousand. But remember,
yes it's creeping up a little bit, but this is
not a bad number if we look long term. So yes,
it's going up. But could this mean that, hey, unemployment
is starting to increase. I saw an ad this morning
(03:30):
which you're gonna go, Tim, You're stretching here when you
start seeing ads where you see companies going, okay, if
you purchase our eye to big item, we're coming to zero.
Same as cash. They're getting the interest rates. They're trying
to work back and spending your money. Okay. This is
all a percolation of getting stuff moving again if you
think it's not moving. So when you start noticing though,
(03:51):
and I just started, you know, that's the first zero
one I've seen this morning. I've seen cars that were down.
You know, get this interest rate which is lower by
that's good stuff for consumers going out purchasing larger items.
Speaker 1 (04:03):
Well, and I saw and I didn't read the article,
but I saw headline last night that Ohio has very
little credit card debt right now, that we're one of
the states that has very low credit card debt, which
is good, which maybe it means there are people out
there spending cash instead of putting everything on the card.
Speaker 2 (04:25):
Or they're not buying anything. Well, that's what I like
to hear that the credit card debt is down in Ohio.
I love hearing that because you're right, that can get
people into trouble, and you have to keep your eye
on spending if you don't have the or if you're
putting it all in cards.
Speaker 1 (04:41):
Yeah, yeah, all right. So overseas, how are we looking
because you know, they made the announcement that things were
going really really well with the trade talks in China,
that's the last thing we heard, that was two three
days ago. What are we looking at when it comes
to Asia and Europe as far as things go, especially
this morning though.
Speaker 2 (05:00):
But yeah, now with with the bombing, things they can
push things a different direction. But China was down twenty
five points, which is point seventy five percent, Hong Kong
was down one hundred and forty two, almost hundred and
forty three, which is a little over a half percent.
Denie K is down three hundred and thirty eight, which
is almost a percent. If we go to Europe, we
have the Germany Dacks down three hundred and fifty one,
(05:21):
which is one point four eight Rance, the CAC down
eighty nine points, which is one point one point five.
So I think the bombing is pushing thanks to the
negative territory, we could have some you know, instability here
for a while. But we'll see how how it Raine's
going to react.
Speaker 1 (05:39):
Well, they I saw a headline this morning that they
are they're going to be reacting very strong. They sounded
like Trump. Actually, we're going to react very strongly. Uh.
And they're going to wipe Israel off the map. They've
already got all their drones ready and everything. So this weekend,
boy is gonna possibly be very ugly uh in the
(06:02):
Mideast again. And like you said, that's going to affect
the price of gasoline and petroleum and diesel and everything
else that we rely on, especially going into the summer
travel season.
Speaker 2 (06:12):
Also very true. Hope with today we have the consumer
sentiment I said that correctly. Today We have that number
coming out today at ten o'clock. So we'll see. Let's
see how people are feeling. But I think we're moving
in the right direction hopefully, But we'll see.
Speaker 1 (06:27):
Well, let's hope other people feel that way too. Have
a great weekend. We'll talk to you Monday morning at
six thirty seven. Uh. If you need to reach Tim
before then, you can do it by phone at four
one nine eight two four thirty three hundred by email
at Timwetroadvisors dot com and they're also on Facebook. Advisory
(06:47):
services are offered through Capital Investment Advisory Services l LC.
Securities are offered through Capital Investment Group, a member of
Finra si I p C
How are you, mister Whetrow.
Speaker 2 (00:03):
I'm fantastic Friday.
Speaker 1 (00:04):
Who should be fantastic, right, but it's Friday the thirteenth,
So yeah, we don't care, but we don't. We already
saw the downtick yesterday. Today things are gonna explode. It's
gonna be beautiful on Wall Street. I'm gonna make a
lot of money. Investors are happy. Yeah, everything, So no,
(00:28):
you don't think so.
Speaker 2 (00:30):
No, No, what happened last night? Right? No? What?
Speaker 1 (00:34):
Uh?
Speaker 2 (00:35):
Israel bomb irane?
Speaker 1 (00:37):
Oh? Oh the hell?
Speaker 2 (00:39):
Look out some of that which is affecting the barrel
of oil, which is up eight percent right now, so
it's trading really seventy three dollars and seventy nine cents,
so your your gasoline prices could go up okay days, Okay.
Speaker 1 (00:53):
But I don't.
Speaker 2 (00:53):
I don't want to be negative because yeah, that's overreacting
on the barrel of oil. Life. Yeah, so that happened.
That pushed the futures down this morning. So right now
we are in negative territory in the futures. But yesterday,
as soon as I pull it up here, we were up.
Get to the right screen. Sorry about that, Fred, That's
(01:15):
all right. We were at the DAW was up one
hundred and one points, almost one hundred and two, which
is point twenty four percent. The NASDAC up forty six,
almost forty seven points, which is point two four percent. Yes,
the P five hundred up twenty three, which is point
three eighty percent. So we had a good day yesterday,
but anything can happen during the day to day on
the futures. Yeah, and when the market opened. So yeah,
(01:38):
I look forward to a decent February Friday, the thirteenth,
But yeah, all good.
Speaker 1 (01:45):
No, we lost a little bit yesterday, but we still
got closer to especially because of Oracle. I mean they
jumped like in the teens. Wasn't it something like thirteen
percent or something.
Speaker 2 (01:58):
Oracle came out with their ear and they were up
thirteen point three. But they delivered a They delivered profit
revenue which was strong. But during their conversation afterwards, they're
saying the revenue growth will be dramatically higher moving forward
for the next fiscal years, So I mean they're coming
out strong. They're not worried about the tariffs. They come
(02:20):
out and said, hey, we're doing the right thing. We're
going to be making money, which that pushed a lot
of the markets forward.
Speaker 1 (02:27):
And we did have two reports yesterday, one on inflation
and then the jobless claims, and they kind of affected
the treasury yields and that market. Where are we standing
right now this morning, after everything is kind of settled down,
after the dust is settled, to.
Speaker 2 (02:44):
Bet you the PPI which yesterday or the day before
on Wednesday, the CPI came out a little better than expected.
Didn't take a big increase or anything, or everyone's worried
about the tariffs. PPI came out yesterday and came in
very good. The core actually taking out energy and food.
The core actually came down a little bit, which is outstanding.
People liked it. And then the initial jobless claims though
(03:08):
crept up. It's the same from last month, but a
little bit more than expecting two hundred and forty eight
thousands expecting two urn in forty six thousand. But remember,
yes it's creeping up a little bit, but this is
not a bad number if we look long term. So yes,
it's going up. But could this mean that, hey, unemployment
is starting to increase. I saw an ad this morning
(03:30):
which you're gonna go, Tim, You're stretching here when you
start seeing ads where you see companies going, okay, if
you purchase our eye to big item, we're coming to zero.
Same as cash. They're getting the interest rates. They're trying
to work back and spending your money. Okay. This is
all a percolation of getting stuff moving again if you
think it's not moving. So when you start noticing though,
(03:51):
and I just started, you know, that's the first zero
one I've seen this morning. I've seen cars that were down.
You know, get this interest rate which is lower by
that's good stuff for consumers going out purchasing larger items.
Speaker 1 (04:03):
Well, and I saw and I didn't read the article,
but I saw headline last night that Ohio has very
little credit card debt right now, that we're one of
the states that has very low credit card debt, which
is good, which maybe it means there are people out
there spending cash instead of putting everything on the card.
Speaker 2 (04:25):
Or they're not buying anything. Well, that's what I like
to hear that the credit card debt is down in Ohio.
I love hearing that because you're right, that can get
people into trouble, and you have to keep your eye
on spending if you don't have the or if you're
putting it all in cards.
Speaker 1 (04:41):
Yeah, yeah, all right. So overseas, how are we looking
because you know, they made the announcement that things were
going really really well with the trade talks in China,
that's the last thing we heard, that was two three
days ago. What are we looking at when it comes
to Asia and Europe as far as things go, especially
this morning though.
Speaker 2 (05:00):
But yeah, now with with the bombing, things they can
push things a different direction. But China was down twenty
five points, which is point seventy five percent, Hong Kong
was down one hundred and forty two, almost hundred and
forty three, which is a little over a half percent.
Denie K is down three hundred and thirty eight, which
is almost a percent. If we go to Europe, we
have the Germany Dacks down three hundred and fifty one,
(05:21):
which is one point four eight Rance, the CAC down
eighty nine points, which is one point one point five.
So I think the bombing is pushing thanks to the
negative territory, we could have some you know, instability here
for a while. But we'll see how how it Raine's
going to react.
Speaker 1 (05:39):
Well, they I saw a headline this morning that they
are they're going to be reacting very strong. They sounded
like Trump. Actually, we're going to react very strongly. Uh.
And they're going to wipe Israel off the map. They've
already got all their drones ready and everything. So this weekend,
boy is gonna possibly be very ugly uh in the
(06:02):
Mideast again. And like you said, that's going to affect
the price of gasoline and petroleum and diesel and everything
else that we rely on, especially going into the summer
travel season.
Speaker 2 (06:12):
Also very true. Hope with today we have the consumer
sentiment I said that correctly. Today We have that number
coming out today at ten o'clock. So we'll see. Let's
see how people are feeling. But I think we're moving
in the right direction hopefully, But we'll see.
Speaker 1 (06:27):
Well, let's hope other people feel that way too. Have
a great weekend. We'll talk to you Monday morning at
six thirty seven. Uh. If you need to reach Tim
before then, you can do it by phone at four
one nine eight two four thirty three hundred by email
at Timwetroadvisors dot com and they're also on Facebook. Advisory
(06:47):
services are offered through Capital Investment Advisory Services l LC.
Securities are offered through Capital Investment Group, a member of
Finra si I p C
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