October 15, 2025 • 8 mins
A shaky day on Wall Street as investors react to President Trump's confusing stands on China trade.
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, Brad. I heard some calendars for next year
says every Wednesday says we tro Wednesday.
Speaker 1 (00:10):
You know what, It's funny.
Speaker 3 (00:11):
It's funny you say that, because yesterday online I got
an offer through my Facebook page for personalized calendars that
you could you could put your own dates on, like
birthdays and anniversaries and all that stuff, and we should
we should get a couple of those and put we
tro Wednesday in all fifty two weeks again.
Speaker 2 (00:35):
I think I'll do that, and I'll make sure you
have it right in front of it. So every Wednesday,
when we're talking it's national Day.
Speaker 3 (00:40):
Give him out to your clients. We trow Wednesday. Be
sure to call Tim today.
Speaker 1 (00:45):
I think that. I think that'd be great.
Speaker 3 (00:48):
All right, So according to the headline, we wabbled a
little bit yesterday because well, first the President says, I'm
going one hundred percent on the tariffs.
Speaker 1 (00:58):
I don't like what China is doing.
Speaker 3 (01:00):
And then the President said things are gonna be okay.
They don't want a recession. We don't want a recession.
I know President g very well. And so as we've
said before, the stock market runs on emotion, and emotions
were all jumbled up yesterday like a guy and a
girl breaking up.
Speaker 2 (01:18):
Yeah, it, and China is not buying our soybeans. So
then we're getting upset about that and say, well we
just won't do business with them. But yet the futures
are pointing up this morning in the green. So I
don't know how much that last week had to do
with you know, we just overacted. But anyway, the Dow
finished up two hundred and two points, which is point
(01:40):
four to four. Now, remember the Dow is thirty stocks, right,
it's not loaded with tech. It has all kinds of
different companies like three M, Amazon, American Express, Amgen, Apple,
et cetera, some big Coca Cola. That's what mixed that up.
They wanted a night mix of a good you know,
(02:01):
what are economy is doing or what's made up of
So then we come down to the S and P
five hundred. It's down ten point four to one. It's
a mixture of five hundred companies, but it has two
of them really pulling out. We have Apple Navidian there
and it's really pulling on it. And then we have
the Nasak, which is made up of a lot of
texts one hundred companies and it's negative one hundred and
seventy two points, which is point seventy six. So right
(02:25):
now the futures are pointing up, so I think we're
going to possibly get a kickback on the push up
on the tech sector. But some of the companies that
were positive yesterday, Wells Fargo up seven point one five,
good earnings are coming out from the big banks, Generak
Holdings up five and a half percent, Walmart up four
(02:47):
point ninety. You're kind of getting adjust It isn't just
tech leading the way. Yesterday. Southwest Airlines up four point
seven six, Delta air Lines up four point three four,
So apparently people have been traveling and earning been coming in.
Caterpillar up four and a half percent. You look on
the negative, we have Navidia down four point four percent,
(03:08):
Coinbase Global four point three three percent to the negative,
Robin Hood Market down four percent, Broadcom down three and
a half, so you kind of get that just you
can see the companies that were going forward, kind of
the staple companies compared to the tech. But it's just
interesting to see because you know, we see it now
sometimes we used to watch that. Now, we watch all
(03:28):
three of these indexes, just give you a painted picture
of it. Just seems like it's every day up down lately.
Speaker 3 (03:36):
Yeah, one of them, one of them is going up,
one of them is going down.
Speaker 1 (03:39):
Well, let me ask you.
Speaker 3 (03:40):
Something because I mean, because obviously we haven't had this
kind of tech in many, many, many many years. So
the how long the Dow has been around for a
couple of hundred ages, right, okay?
Speaker 1 (03:55):
Yeah? And then after the Dow, the S and P
five hundred came in at some point.
Speaker 2 (04:01):
And then just trade.
Speaker 3 (04:03):
When did the Nasdaq start to actually trade in the
last fifty years or less?
Speaker 2 (04:12):
I think it's less, But I'll have an answer for you.
Speaker 3 (04:14):
Okay, Yeah, because it's curious because we look at because
everybody has heard the Dow for years. I mean when
I was a kid and they would do you know,
the world news and we watch on Huntley and Brinkley
and they would say the doll drones and dust bl
blah blah blah blah blah. So everybody knows the Dow,
and I think we put a lot of weight on it.
Speaker 1 (04:32):
When you know, you've.
Speaker 3 (04:33):
Talked about the Russell before, the small the small index
in the Nasdak now in the s and P five hundred,
So there's a lot going on there that people they
hear the dow.
Speaker 1 (04:43):
And that's what they base their you know, emotions on.
Speaker 2 (04:46):
Correct.
Speaker 1 (04:46):
Yeah.
Speaker 2 (04:47):
February eighth, nineteen seventy one.
Speaker 3 (04:49):
Okay, all right, so it's been a while, all right,
but not as long as the dow, which has been
here like forever.
Speaker 1 (04:56):
Right, the one that I saw.
Speaker 3 (05:00):
I want to mention this one because I know if
Ben Ben Frobos is listening, he'll be very happy about this.
Beyond meat, their stockfell saw that twenty four point six
percent and actually slipped below one dollar.
Speaker 1 (05:17):
Wow, so people.
Speaker 3 (05:20):
Are buying real meat again, Thank goodness.
Speaker 2 (05:25):
I think his tripped. He didn't he call from telviv
or something else.
Speaker 3 (05:28):
Yeah, he was over in the Mid Ages to.
Speaker 2 (05:32):
Get more beef. They need more beef, and.
Speaker 1 (05:34):
He heard they weren't having a beef over there anymore.
Speaker 3 (05:36):
So let me ask you because again this week, governments
still shut down, and the indications are with the cuts
in the Department of Education and elsewhere that it's.
Speaker 1 (05:47):
Going to be a while.
Speaker 3 (05:48):
Nobody wants to give in, so we're not going to
get the employment and the inflation data, how is that
going to affect And I know that Chairman Paula yesterday
spoke out how is that going to affect us going forward?
And what investors see and do with the lack of information.
Speaker 2 (06:06):
Well, we don't have that information, but you're right. Your
own Power came out yesterday and was talking. He says
he still has concern about the employment. I agree with him.
And if you look at the two year rate, we're
sitting at three point four seven right now this morning. Okay,
if that fund rate is between four and four and
a quarter, So investors think that, you know, to your
(06:28):
treasury it's down and they're thinking he should come down.
So that's why I think we're getting some euphoric energy
in the stock markets. They're anticipating of him possibly cutting again.
All right, So therefore it's you know, it's going, hey,
he's going to cut rates right now. I went out
and looked. We have the thirty year mortgage currently sitting
(06:48):
at an APR at four point excuse me, six point
four six, So it's been inching down a little bit.
And those are the kind of things they're really going
to stimulate the economy. Uh, if you would like to
know though the DATO started May twenty six of eighteen
ninety six.
Speaker 1 (07:05):
Oh okay, I know, I know before I was born.
Speaker 2 (07:12):
There, you got it before before you were born. For
just a little.
Speaker 3 (07:17):
All right, Anything today that you're going to be keeping
an eye out on while you're watching all those screens
in your.
Speaker 2 (07:23):
Office, well, I'm not going to get any economic data.
As we know, we have more earnings coming out. We
have Bank of America, Morgan Stanley Abbott Labs coming out today,
P and C Financial, So we'll be watching those. See
which way direction we're going.
Speaker 3 (07:37):
All right, we'll carry on this conversation tomorrow morning. Now,
if you need to talk to Tim before then four
one nine eight two four thirty three hundred tim Wwetroadvisors,
dot Com, LinkedIn, and Facebook advisory services are offered through
Capital Investment Advisory Services l LC. Securities are offered through
(07:58):
Capital Investment Group, a member of FENRA, s I p
C
How are you, mister Whetrow.
Speaker 2 (00:03):
I'm fantastic, Brad. I heard some calendars for next year
says every Wednesday says we tro Wednesday.
Speaker 1 (00:10):
You know what, It's funny.
Speaker 3 (00:11):
It's funny you say that, because yesterday online I got
an offer through my Facebook page for personalized calendars that
you could you could put your own dates on, like
birthdays and anniversaries and all that stuff, and we should
we should get a couple of those and put we
tro Wednesday in all fifty two weeks again.
Speaker 2 (00:35):
I think I'll do that, and I'll make sure you
have it right in front of it. So every Wednesday,
when we're talking it's national Day.
Speaker 3 (00:40):
Give him out to your clients. We trow Wednesday. Be
sure to call Tim today.
Speaker 1 (00:45):
I think that. I think that'd be great.
Speaker 3 (00:48):
All right, So according to the headline, we wabbled a
little bit yesterday because well, first the President says, I'm
going one hundred percent on the tariffs.
Speaker 1 (00:58):
I don't like what China is doing.
Speaker 3 (01:00):
And then the President said things are gonna be okay.
They don't want a recession. We don't want a recession.
I know President g very well. And so as we've
said before, the stock market runs on emotion, and emotions
were all jumbled up yesterday like a guy and a
girl breaking up.
Speaker 2 (01:18):
Yeah, it, and China is not buying our soybeans. So
then we're getting upset about that and say, well we
just won't do business with them. But yet the futures
are pointing up this morning in the green. So I
don't know how much that last week had to do
with you know, we just overacted. But anyway, the Dow
finished up two hundred and two points, which is point
(01:40):
four to four. Now, remember the Dow is thirty stocks, right,
it's not loaded with tech. It has all kinds of
different companies like three M, Amazon, American Express, Amgen, Apple,
et cetera, some big Coca Cola. That's what mixed that up.
They wanted a night mix of a good you know,
(02:01):
what are economy is doing or what's made up of
So then we come down to the S and P
five hundred. It's down ten point four to one. It's
a mixture of five hundred companies, but it has two
of them really pulling out. We have Apple Navidian there
and it's really pulling on it. And then we have
the Nasak, which is made up of a lot of
texts one hundred companies and it's negative one hundred and
seventy two points, which is point seventy six. So right
(02:25):
now the futures are pointing up, so I think we're
going to possibly get a kickback on the push up
on the tech sector. But some of the companies that
were positive yesterday, Wells Fargo up seven point one five,
good earnings are coming out from the big banks, Generak
Holdings up five and a half percent, Walmart up four
(02:47):
point ninety. You're kind of getting adjust It isn't just
tech leading the way. Yesterday. Southwest Airlines up four point
seven six, Delta air Lines up four point three four,
So apparently people have been traveling and earning been coming in.
Caterpillar up four and a half percent. You look on
the negative, we have Navidia down four point four percent,
(03:08):
Coinbase Global four point three three percent to the negative,
Robin Hood Market down four percent, Broadcom down three and
a half, so you kind of get that just you
can see the companies that were going forward, kind of
the staple companies compared to the tech. But it's just
interesting to see because you know, we see it now
sometimes we used to watch that. Now, we watch all
(03:28):
three of these indexes, just give you a painted picture
of it. Just seems like it's every day up down lately.
Speaker 3 (03:36):
Yeah, one of them, one of them is going up,
one of them is going down.
Speaker 1 (03:39):
Well, let me ask you.
Speaker 3 (03:40):
Something because I mean, because obviously we haven't had this
kind of tech in many, many, many many years. So
the how long the Dow has been around for a
couple of hundred ages, right, okay?
Speaker 1 (03:55):
Yeah? And then after the Dow, the S and P
five hundred came in at some point.
Speaker 2 (04:01):
And then just trade.
Speaker 3 (04:03):
When did the Nasdaq start to actually trade in the
last fifty years or less?
Speaker 2 (04:12):
I think it's less, But I'll have an answer for you.
Speaker 3 (04:14):
Okay, Yeah, because it's curious because we look at because
everybody has heard the Dow for years. I mean when
I was a kid and they would do you know,
the world news and we watch on Huntley and Brinkley
and they would say the doll drones and dust bl
blah blah blah blah blah. So everybody knows the Dow,
and I think we put a lot of weight on it.
Speaker 1 (04:32):
When you know, you've.
Speaker 3 (04:33):
Talked about the Russell before, the small the small index
in the Nasdak now in the s and P five hundred,
So there's a lot going on there that people they
hear the dow.
Speaker 1 (04:43):
And that's what they base their you know, emotions on.
Speaker 2 (04:46):
Correct.
Speaker 1 (04:46):
Yeah.
Speaker 2 (04:47):
February eighth, nineteen seventy one.
Speaker 3 (04:49):
Okay, all right, so it's been a while, all right,
but not as long as the dow, which has been
here like forever.
Speaker 1 (04:56):
Right, the one that I saw.
Speaker 3 (05:00):
I want to mention this one because I know if
Ben Ben Frobos is listening, he'll be very happy about this.
Beyond meat, their stockfell saw that twenty four point six
percent and actually slipped below one dollar.
Speaker 1 (05:17):
Wow, so people.
Speaker 3 (05:20):
Are buying real meat again, Thank goodness.
Speaker 2 (05:25):
I think his tripped. He didn't he call from telviv
or something else.
Speaker 3 (05:28):
Yeah, he was over in the Mid Ages to.
Speaker 2 (05:32):
Get more beef. They need more beef, and.
Speaker 1 (05:34):
He heard they weren't having a beef over there anymore.
Speaker 3 (05:36):
So let me ask you because again this week, governments
still shut down, and the indications are with the cuts
in the Department of Education and elsewhere that it's.
Speaker 1 (05:47):
Going to be a while.
Speaker 3 (05:48):
Nobody wants to give in, so we're not going to
get the employment and the inflation data, how is that
going to affect And I know that Chairman Paula yesterday
spoke out how is that going to affect us going forward?
And what investors see and do with the lack of information.
Speaker 2 (06:06):
Well, we don't have that information, but you're right. Your
own Power came out yesterday and was talking. He says
he still has concern about the employment. I agree with him.
And if you look at the two year rate, we're
sitting at three point four seven right now this morning. Okay,
if that fund rate is between four and four and
a quarter, So investors think that, you know, to your
(06:28):
treasury it's down and they're thinking he should come down.
So that's why I think we're getting some euphoric energy
in the stock markets. They're anticipating of him possibly cutting again.
All right, So therefore it's you know, it's going, hey,
he's going to cut rates right now. I went out
and looked. We have the thirty year mortgage currently sitting
(06:48):
at an APR at four point excuse me, six point
four six, So it's been inching down a little bit.
And those are the kind of things they're really going
to stimulate the economy. Uh, if you would like to
know though the DATO started May twenty six of eighteen
ninety six.
Speaker 1 (07:05):
Oh okay, I know, I know before I was born.
Speaker 2 (07:12):
There, you got it before before you were born. For
just a little.
Speaker 3 (07:17):
All right, Anything today that you're going to be keeping
an eye out on while you're watching all those screens
in your.
Speaker 2 (07:23):
Office, well, I'm not going to get any economic data.
As we know, we have more earnings coming out. We
have Bank of America, Morgan Stanley Abbott Labs coming out today,
P and C Financial, So we'll be watching those. See
which way direction we're going.
Speaker 3 (07:37):
All right, we'll carry on this conversation tomorrow morning. Now,
if you need to talk to Tim before then four
one nine eight two four thirty three hundred tim Wwetroadvisors,
dot Com, LinkedIn, and Facebook advisory services are offered through
Capital Investment Advisory Services l LC. Securities are offered through
(07:58):
Capital Investment Group, a member of FENRA, s I p
C
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