Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
How are you, mister Wheetrow, bred I can't bet even
more happy. I mean, it's Wednesday, It's Petro Wednesday. Is
it the temptations you're playing? Yes? Okay, I got that.
So that keeps an up beat. Did the small.
Speaker 2 (00:16):
Caps rise yesterday?
Speaker 3 (00:18):
Out of all this chaos?
Speaker 1 (00:19):
The small caps went up a little bit yesterday.
Speaker 4 (00:21):
So you found this morning, you found one little thing
to grab onto so that you would feel fantastic.
Speaker 1 (00:30):
Today, bred, I just gave you three to four example.
Features are up. Small cats were up yesterday. And we
have the biggest stock coming out after.
Speaker 2 (00:40):
The clothes, Navidias in.
Speaker 1 (00:42):
The right direction, whichever right direction it is.
Speaker 3 (00:45):
So today we hear what their profit.
Speaker 1 (00:47):
Was today they're coming out with the report after the bell. Yes,
and that's gonna move bucket now I'm looking at it's
one of the biggest stocks out it is. So we
have Navidia. And I was looking at at the weighting
of this company and that is mixed up out of the.
Speaker 2 (01:08):
S and P five hundreds.
Speaker 1 (01:10):
The waiting of it is seven point four percent. And
if I look at the top nine companies, I mean
they're making up about thirty six percent in just the
nine companies and they're all tech, Apple, Microsoft, Amazon, Applebet, Alphabet, Broadcom,
Meta Platforms, and Tesla Top nine stocks.
Speaker 4 (01:29):
Incredible, How do were Is there a way to avoid that?
Speaker 3 (01:34):
Are there people who look at that?
Speaker 4 (01:36):
You know, they look at the headline about worries about
too high priced and say, you know what, pull me
out of those stocks right away?
Speaker 1 (01:44):
Dat diversified fread. You can't put all your eggs in
one basket. I mean, if you do, you're able to.
You know, it can go all up, but it can
also come down. More diversified, it doesn't go down as
far as what we all hope. And again when I
read articles that say, well you know this Nvidia can
really affect your four one k, well, most people aren't
one hundred percent in the stocks. You know, there's bonds
(02:06):
out there, there's money marks, there's all kinds of different
investments out there in your four ones. So it's not
like if the S ANDP goes down, that's what I
go down. So like yesterday the S and P five
hundred drop fifty five points, which is er point eighty
three of a percent for five days, it's off three
point four to one percent.
Speaker 2 (02:22):
Okay, Now, if I'm all in the s.
Speaker 1 (02:23):
And P five hundred. That's what I did, but most
people aren't. So you got to kind of look at
these indices and what we talk about and go, okay,
let me look at my own picture. It's not necessarily
the indexes or what the stock market is doing. It
can be an indicator, but it can be different.
Speaker 3 (02:39):
Now let me yea, let me ask youself before you
go a little bit further. Uh, And you can only speak.
Speaker 4 (02:44):
You can only speak for yourself, I know, and for
retrol Wealth Management. I can call you, and I don't
because I trust you, but I could. I could call you.
Any of your clients can call you whenever they see
news like this, if they get a little bit where
and say, Tim, what's going on right?
Speaker 1 (03:03):
Always we talk to people all the time. I go,
I work for you, so yeah, call me.
Speaker 2 (03:07):
That's what I'm there for to talk about what.
Speaker 1 (03:10):
We like talk about here, and I give them indicators
I get, you know, we have the newsletter comes out.
I refer to that at times, and there's a lot
of things to look at. But at the end of
the day, we've watched earnings of big companies come out
and they do fantastic and all of sudden, they say
something afterwards, and he goes right down the toilet. So
you know, if we could, if we could predict this
on a regular basis, to be right all the time,
(03:30):
I wouldn't be sitting here talking to you at six
thirty seven in the morning, predict on the beach.
Speaker 3 (03:35):
That's very true. I know, have that easy you were.
You were just gonna tell us what happened in the
in the numbers yesterday.
Speaker 1 (03:43):
Yeah, but that was down almost five hundred points, four
hundred and ninety eight, which is one percent, one point
zero seven percent off for the day sp which we
talked about fifty five points, which is point eighty three
percent to the negative. And then NASDAC off two hundred
and seventy five, which is minus one point two one percent.
Now that Nasdaq is off four point four to one
(04:06):
for five days, but it's up for the year to date,
up sixteen, all right, So yeah, it's not fun to
watch it go negative. But if I mean, if I
was one hundred percent in NADAK and I'm still up sixteen,
believe me, any other.
Speaker 2 (04:19):
Year, I'd be happy as a lark.
Speaker 3 (04:21):
Yeah, well that's true, that's true.
Speaker 4 (04:23):
So what's the response been in like the bond market
and overseas to all of our stuff.
Speaker 1 (04:31):
Well, the bond market has been rates have come down
a little bit. Again, we're waiting on what the Fed
could possibly do. The two years sitting at three point
five seven, the ten years sitting at four point one two,
and that thirty year mortgage is right around I think
a little less than six point five percent, and that's
what we're looking at. We want some stimulation so people
(04:51):
go out and loan money. If we look overseas, we
have the France CAC up four points, which is basically flat.
The Dack's up sixty seven points, which is point two
nine percent. UK futs the up only nine points, Asian
market Japan off one hundred and sixty five which is
point three four in, the Hong Kong Index off ninety
nine points creative percent.
Speaker 4 (05:13):
All right, So today after the bell we'll get the
Navidia thing. Is there anything before the bell rings later
this afternoon that we should keep an eye out for.
Speaker 1 (05:23):
Well, we have a lot of earnings coming out Today's
kind of like a retail We have TJ Max. We
have lows which already came out missed on the revenue side,
and we also have Target and they came out and
missed on revenue.
Speaker 4 (05:35):
Okay, all right, well I'll let you do your job
and I'll do mine, and we'll get together gun tomorrow
morning at six thirty five. Now, if you need to
reach out to Tim before that, and you heard him
say it takes phone calls all day long to answer
questions four one, nine eight two four thirty three hundred,
you can even hit him up with an email that
might be easier. You can explain exactly what you're looking for.
(05:57):
Tim w at weadvisors dot com. He's also on LinkedIn
and on Facebook. Advisory services offered through Capital Investment Advisory
Services LLC. Securities are offered through Capital Investment Group, a
member of FINRA SIPC