Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
How are you, mister Wheetrow.
Speaker 2 (00:03):
I'm fantastic.
Speaker 3 (00:04):
Do you see that market yesterday?
Speaker 4 (00:05):
Brett I did it said, according to that headline, it
veered upward after after the President Trump said you know what,
things are gonna be All he had to do was
say things are gonna be okay with China and that
was all it took about.
Speaker 1 (00:23):
Because, like we say, Bred, it's emotion.
Speaker 3 (00:27):
Yeah, how come when I say that, doesn't you know
I think it's gonna be okay. We just kind of
you know him all around.
Speaker 4 (00:34):
Yeah, and the market goes goes. Tim says things are
gonna be okay, and the market goes huh Tim, Tim hoooo.
Speaker 2 (00:43):
Well Fred, yeah, we did about back from Friday. We
didn't get it all the way back, but we had
a very good day in the market, and yeah, things
will be okay. The Dow was up five hundred and
eighty seven points, almost five eighty eight, which is one
point nine percent, five hundred up one hundred and two points,
which is a little over one and a half percent,
and the NASCAC up four hundred and ninety points, which
(01:04):
is two point two one percent in a day. Now
we have earnings really starting getting kicked up today. JP
Morgan just came out and it beat on both sides
on revenue and estimated price per se actual year. Jay
and Jay did the same.
Speaker 3 (01:18):
Wells Fargo did the same this.
Speaker 2 (01:20):
Morning, beat on both sides as well as Black Rocks.
So you think that's going to push the futures all
the way up, But right now the futures are in
the negative. So pulling back a little bit from mystery,
I think we're getting a little the hangover of okay,
is it really going to be okay.
Speaker 3 (01:34):
With China or not.
Speaker 2 (01:35):
They're saying they're diverting some products away from UTH they
could sell it. They had an increase sewing it on
someplace else. I find that hard to believe, but you.
Speaker 3 (01:43):
Know, it's China. I believe everything they say.
Speaker 4 (01:46):
Well moves off a little bit well, And what I
heard was that despite all the tariffs that we have
already put on them, that globally they actually saw an
increase and exports like over a little over eight It
doesn't it doesn't mean well, but it doesn't negate the
double digits that they're losing from US.
Speaker 1 (02:09):
But it is globally it's a little.
Speaker 4 (02:12):
Uptick for them, and and and they're not like us.
All right, he doesn't have to answer to the public.
He's not he's not up for election or anything. He's
going to be in office for as long as he
wants to be an officer. I don't believe this whole
stuff about oh, he doesn't want a depression. I don't
think he cares one way or the other. He's got
(02:32):
people starving and dying all the time. He's got billions
of people out there.
Speaker 3 (02:37):
If he likes the group that support him, and there
he's moving in the right direction.
Speaker 2 (02:40):
They're all gonna be happy. But Brad, it will be
just fine. We'll get there.
Speaker 1 (02:47):
Yeah.
Speaker 4 (02:47):
From from your mouth to investor's ears, I guess is
how we'll.
Speaker 1 (02:51):
Look at that one.
Speaker 2 (02:51):
It'll be okay.
Speaker 4 (02:53):
Now, the companies that you mentioned as winners other other
than maybe Jane Jays, assuming that Johnson and Johnson.
Speaker 2 (03:01):
That was Johnson ENTSP. But that is these are just
their earnings. It doesn't say what their stock was doing.
Speaker 3 (03:06):
Okay, we'll see what that what they do today. But
on the winners and losers side, we.
Speaker 2 (03:12):
Had a bounce back. We had Best Buy up nine
point ninety seven. Broad comes into the AI again up
nine point eight eight on Semiconductors up.
Speaker 3 (03:25):
Nine point five five, ge Vernova.
Speaker 2 (03:27):
Seven point two to three to the goods. I give
you a snapshot that tech was running heavy yesterday, but
we had Best and All down seven point five four, seven.
Speaker 3 (03:37):
Percent down seven and a half percent.
Speaker 2 (03:39):
Get that out. Didn't quite hit expectations of what the
analysts thought. Now we're also hearing bad news about Hey,
people aren't going to Vegas as much anymore. It's expensive
out there, so you can now bet on your phone.
You can do all kind of thing. But Las Vegas
Sands lost six point three three yesterday. Win Resorts lost
six point yesterday.
Speaker 3 (03:59):
Monster Beverage down three point five five.
Speaker 2 (04:01):
And I hate to report this, but jam Smuckers lost
three percent and General Mills lost two point four one.
So thinks they're going to get better because they're going negative.
Speaker 1 (04:12):
A little bit.
Speaker 4 (04:13):
Yeah, and I did read the last couple of weeks
about Vegas.
Speaker 1 (04:17):
It's it's just it's not tanking.
Speaker 4 (04:20):
But like you said, I mean most states now allow
you to bet on your phones, and a lot of
phones have actual games on them, like you would play
if you went to Vegas exactly, you know, and you
can still win and make money.
Speaker 1 (04:36):
You don't have to leave your house.
Speaker 4 (04:37):
You don't have to pay for an expensive hotel or
travel to Vegas or anything. You sit on your phone
and swipe stuff and next thing you know, you're winning.
You're winning cash that goes right into your bank accounts.
So they're they're taking a vag cash too.
Speaker 1 (04:50):
Yeah.
Speaker 3 (04:51):
Yeah, well that bread, all these big facilities.
Speaker 2 (04:55):
Wouldn't be there if they don't have to buy a resort.
Speaker 3 (04:59):
It's extend you go out there.
Speaker 2 (05:00):
From what I hear, And that's that's another part of this.
Speaker 1 (05:03):
Oh, it is, it is, it is.
Speaker 4 (05:06):
How did things go overseas since China and the US
have said things are gonna be okay?
Speaker 2 (05:13):
Yeah, The Shanghai Index is down twenty four points, which
point six two of a percent, the Hangs saying four
hundred and forty eight, which is one point seventy three.
The nie K is off two and a half percent.
If we go to the Europe, we have the France
is off seventy almost seventy six points, which is a
little less than one percent, and the Dax is off
(05:34):
which is German index two hundred and seventy two points,
which is a little over one percent. As well, but
if we look at what's economic calendar, we know the fourteen.
Speaker 3 (05:42):
Days Brad Froos. But Jerome Powell is.
Speaker 2 (05:45):
Speaking today at twelve twenty, so we're gonna see what
he has to say today.
Speaker 3 (05:49):
I'm sure he'll just hype us all up to say, oh, everything's.
Speaker 4 (05:52):
Going great, all right, Well, hey, that'll give us something
to talk about on a weetro Wednesday, which by the way,
is tomorrow.
Speaker 2 (06:00):
Enough.
Speaker 4 (06:00):
You need to reach out to mister Tim before then
four one nine eight two four thirty three hundred timw
at Witroadvisors dot Com on LinkedIn, Facebook. Also advisory services
being offered through Capital Investment Advisory Services LLC. Securities offered
through Capital Investment Group, a member of FINRA SIPC