Episode Transcript
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Speaker 1 (00:00):
How are you, mister Wheetrow had a fantastic and these
days just fly by.
Speaker 2 (00:06):
Its Thursday, I know, I can't believe.
Speaker 3 (00:08):
Almost at the end of the week already and it's
October sixteenth already.
Speaker 1 (00:14):
Boom, yes, yeah, we're getting there in October.
Speaker 3 (00:18):
Yeah. Now listen, yesterday again, another up and down day.
When I read the when I know the results of
what happened yesterday, especially the S and P five hundred,
it like was going crazy, was going to have the
best day ever. And then somebody came along with an eraser,
got rid of all of it, and then it started
(00:39):
slowly climbing back up the ladder. What the heck happened yesterday?
Speaker 1 (00:44):
Yeah?
Speaker 2 (00:44):
The articles I'm.
Speaker 1 (00:45):
Reading, I see topsy turvy. They're leaving out.
Speaker 2 (00:48):
The buller coaster word mine.
Speaker 1 (00:50):
It's up and down, up and down. But yes, the
Dow law end up losing seventeen points, which is point
zero four percent, so it's pretty flat.
Speaker 2 (01:00):
It's the P five hundred.
Speaker 1 (01:01):
Up twenty six points almost twenty seven, which is point
four over percent, and the Nasdaq here we go, the
tech is running one hundred and forty eight points up,
which is point sixty six of a percent, But it
sounds like, you know, we're having all these good days,
is what it feels like. But let's look at the
five day The Dow is down point seventy five of percent,
(01:21):
the SP five hundred is off point ninety five almost
a percent, and the Nazak is off one point six
two percent.
Speaker 2 (01:29):
For five days. So we're still trying to.
Speaker 1 (01:31):
Make up for some big losses we've had. But again,
so it's been jumping up and down. And when we
talk about companies, we have a lot of earnings. It's
just getting started. We had P and C Bank, it
ended up losing for the day three point nine. But
if you went out and looked at their earnings, you go, well,
why is it going down? They beat on both sides
revenue that's made price.
Speaker 2 (01:50):
Per share because underneath.
Speaker 1 (01:51):
The hood, they looked at the loans, what's going on
with loans and they're not making as much interest on
those and that's the heartbeat of what they do.
Speaker 2 (01:58):
So therefore they end up losing three point nine percent.
Speaker 1 (02:01):
But on the flip side, Bank of America climb four
point four, Morgan Stanley rose four point eight. We had
JP Morgan Will's Fargo ahead decent days. But getting back
to that tech, anything get tied to AI that Yeah,
we told AI, that's what our new name is going
to be.
Speaker 2 (02:17):
Fred Okay, brad Com Rose two.
Speaker 1 (02:20):
Point one percent, Advanced micro Devices a m D up
nine point four.
Speaker 2 (02:27):
Wow. We've had some Yeah, we've.
Speaker 1 (02:29):
Had some big, big companies coming out and posting good
earnings and just watching those companies. They're up, they're down,
they're up, they're down.
Speaker 2 (02:36):
But boy, they tie into that AI that I just
mentioned and up to the races.
Speaker 3 (02:41):
Okay, all right, not bad. I mean, like you said,
they're trotting out the roller coaster and what goes up
must come down. But that's always been the case. It's
just year to date. I'm glad you always do year
today because that's really what people need to look at.
You're going to be there today.
Speaker 2 (03:00):
We're all positive, Yeah you have.
Speaker 3 (03:01):
You're going to be in this thing for the long run. Now,
all the banks are coming out in the last couple
of days, right, and they're all looking halfway decent.
Speaker 1 (03:10):
Right, Yeah, they're looking good. But let's I'm gonna flip
two here for it. Let's go local.
Speaker 2 (03:16):
All right, what's happening around us? I thought this was
very interesting.
Speaker 1 (03:20):
Wild Pool plans to invest three hundred million in manufacturing
facilities in Clyde and Marion, Ohio, expected to create four.
Speaker 2 (03:28):
To six hundred new jobs.
Speaker 1 (03:31):
That's impressive.
Speaker 3 (03:32):
Yeah, and that's already. I was reading yesterday the world's
largest washer dryer manufacturing building in the world.
Speaker 1 (03:42):
And it's it's to increase production of its Now I'm
not quite sure what this is.
Speaker 2 (03:50):
Next generation of washer and drivers?
Speaker 1 (03:52):
What more can you do to them? Oh?
Speaker 2 (03:55):
And I need him dry? Yeah, dude.
Speaker 3 (04:00):
When I moved into my house, I bought a new
washer and a new dryer from Durocher. The washing machine
has so many settings on it and timers and all
this stuff it can do. Then you go to the drum.
If I was a kid, put it in the dryer
in a drug we got settings for all kinds of
(04:20):
different clothing. And and now they've got a unit that
can wash and dry in the same drum.
Speaker 1 (04:32):
Oh lord, yeah, Well, anyway, the Atlantis let's go to jeeps.
Deilantis plans for the best thirteen billion over the next
four years to grow its business in the United States,
including four hundred million in Toledo for this new mid
size truck. All company announced.
Speaker 2 (04:49):
Yeah. So now, earning.
Speaker 1 (04:53):
Wise, we have companies coming out today. We have Bank
of Melon, New York, Mellon, we have MT Bank, Key
Banks coming out, snap On tools coming out. Now when
I go to the economic calendar, I'm going to leave
you with a positive note for the day.
Speaker 2 (05:04):
Thread.
Speaker 1 (05:06):
We're supposed to be getting PPI reports today, inflation reports,
but the government's closed and it all goes back to
if a tree falls in the forest and there's no
one to hear it fall fread, does it make any sound?
So if I don't get inflation, is there any inflation
numbers too, let's positive if that's coming down and we're
(05:31):
moving forward.
Speaker 3 (05:32):
If we don't know jobs are falling, are they really falling?
Speaker 1 (05:36):
That is correct, there's no inflation because the government's sat
there to tell us spread. So let's just go out positive, smile,
and your gas prices come down the national average and
ohires to the Ohio averages two dollars sixty seven cents,
and there's word out there that they think the gas
might go below two dollars in the future.
Speaker 2 (05:54):
That makes my day.
Speaker 3 (05:55):
All's writing with we trol Wealth Management. If you want
to reach out to Tim a little bit later on
today four one nine eight two, four thirty three one hundred,
timw at Wtroadvisors, dot Com, Facebook and LinkedIn. Also, advisory
services are offered through Capital Investment Advisory Services LC Securities
(06:21):
are offered through Capital Investment Group, a member of FINRA
SIPC