October 17, 2025 • 6 mins
Tim gives the latest on Wall Street following a mixed day Thursday.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
How are you, mister wheat trow.
Speaker 2 (00:04):
It's Friday, Happy Friday, fantastic.
Speaker 3 (00:07):
Yeah, bebe Even though the weekend isn't gonna be the
best weather wise.
Speaker 1 (00:11):
It still is.
Speaker 2 (00:12):
Yeah.
Speaker 1 (00:12):
Yeah, it still is the weekend and that's the bonus
part us.
Speaker 3 (00:15):
Stocks drops on worries about thanks. The headline screamed at
me this morning when I saw the paper, What the
heck is going on?
Speaker 2 (00:25):
Well, zign Court tumbled thirteen point one percent. They had
a fifty million dollar charge off related some loans. This
is to a pair of borrowers. I guess that people
are misleading a parent, misrepresenting the contractual and defaults. It
sounds like these are auto Like they're loaning to another
(00:46):
company that loans for automobiles and things. They're hitting the
regional sector. Key Benk hit yesterday, hit their earnings. We
have earnings today coming out from Huntington and Citizens, So
we'll kind of see if this is going to trickle over.
But anytime you say we had a fifty million dollar
(01:06):
right off and it's in a bank, it's going to
affect the market. But it's also getting the effect from China. Okay,
they're going back and forth with China, and I think
that that has a lot to play in it as well.
The Dow was down three hundred and one points, which
is point sixty five percent. For the five days, it's
minus point eighty eight, so not even a percent. Five
(01:28):
hundred off almost forty two points, which is point sixty
three five day minus one point five to seven percent.
Nazak off one hundred and seven yesterday, almost a half
percent negative. For the five days, it's off two percent.
They're all up year to date.
Speaker 1 (01:44):
All right, that's not so bad. See, that's a good person.
Speaker 3 (01:48):
You've got to look at the year to date numbers
if you really want to know what's going on.
Speaker 1 (01:52):
That's the best part.
Speaker 3 (01:53):
So Taiwan Semiconductor they saw a pretty good jump I
hear from what I hear yesterday.
Speaker 2 (02:01):
Yes, they they came up critical player in the AI frenzy.
And then we're also going to watch Novidia come up
with that. Don't have their return right in front of me, Fred,
but I'm sorry, I want to make conductors. Travelers drop
two point nine Hewlett Packer fell ten point one percent. Really,
(02:22):
we had sales force it came up four percent. They're
coming out with a plan to get ten percent compounded
annual revenue growth. Yeah, that goes And this was very interesting. JB.
Hunt Tucking Company.
Speaker 1 (02:38):
Oh, I see their truck's all over the place.
Speaker 2 (02:39):
Yeah, yeah, up twenty two oh baby shop.
Speaker 3 (02:46):
Despite so they're making money despite the rise in diesel gas.
Speaker 2 (02:51):
Well, diesel came down, I've said, because the death is
usually MEANWI says blowed three dimes and seventy cents, But
it's sitting at three doves and sixty four cents, all right,
So it's calming down a little bit. So we're going
to anticipate some more stuff will get moved around for
less expensive. And I'm here to report too. We had
a government report yesterday on the PPI, which is inflation.
(03:13):
Really apparently there is no inflation because none of the
numbers came out. So I'm as happy as we're getting
nothing from the Government's.
Speaker 1 (03:23):
Kind of nice. I get nothing and you don't like it.
Speaker 2 (03:26):
That's that's exactly right.
Speaker 1 (03:28):
So there'll be nothing.
Speaker 3 (03:29):
Nothing again today, right, correct, And normally we'd get some
numbers today, So there's going to be nothing today. How
is the market reacting to this, because normally you know,
they're they're go crazy.
Speaker 1 (03:42):
They respond to every report in a weird way.
Speaker 2 (03:49):
Well, we've had a pullback. I don't know if it's
so much with the government reports. I think it has
more to do with the China, Okay, you know, because
I mean there's the second biggest, biggest economy out there.
You know, we trade with them. We get a lot
of stuff from them. I mean, look at your tags
on anything that we have made in China, and that's
what we're trying to get friendly, your trade agreements with
(04:10):
And if we're gonna hit them with one hundred percent tariff,
it's going to affect us. But they keep going back
and forth. It also has to do with these chips,
you know, can we sell them over there? Can't we
sell them over there? That has a big effect. And
we've had the big run up for everything that Touch
Day Act that we've said over the last couple weeks.
Put AI on it, bow mouth to the races it goes.
That's where we're at.
Speaker 1 (04:31):
I'm well, keep an eye on that.
Speaker 3 (04:32):
So since this is all about that, how are the
prices overseas? What do they look like this morning in
Europe and Asia?
Speaker 2 (04:40):
Well, we have in Asia the China indexes US seventy
six points which is one point ninety five percent. Hong
Kong was up six hundred and forty one, which is
almost two and a half percent to the negative. Nie
K down six hundred and ninety five points, which is
one point four four percent negative. Europe the German index
down five hundred and four points over at minus two
(05:02):
point twenty five percent, France off seventy points, which is
zero point eighty six percent, and they Fuzzy off one
thirty three, which is minus one four to two percent.
So we're getting a lot of negatives out there. But again,
we've had a huge I don't want to say huge,
we've had a run up. Yeah, and you know, we
watch the stocks go up, they're going to come down.
(05:23):
They're going to go up and down. They always do. Yeah,
so don't be alarmed. Let's see what shakes out with
these banks, for regional banks, to see what's going to
happen over the week when President Trump and talking about tariffs,
and see are rap earnings coming out again? We have
more earnings on banking. We have fifth third coming out today,
Huntington shares coming out, So all.
Speaker 1 (05:44):
Right, we'll keep an eye on that.
Speaker 3 (05:45):
Do the futures look good at this point or are
we still a little bit low as we go into Friday.
Speaker 2 (05:51):
We're a little bit negative starting the day. Okay, more
push still coming on. All three of them are in
the in the red right now. Negative, but again anything
could check out during the day.
Speaker 1 (06:01):
Yep. If we change, I'll let you keep an eye
on all the screens.
Speaker 3 (06:06):
I'm going to enjoy my weekend and we will talk
to you on Monday morning. If you need to speak
with Tim before then four one nine eight two four
thirty three hundred Timwatwetroadvisors dot com. Also on LinkedIn and
on Facebook and sign up for their free weekly newsletter.
Advisory services are offered through Capital Investment Advisory Services LLC.
(06:31):
Securities are offered through Capital Investment Group, a member of
Finra SI PC
How are you, mister wheat trow.
Speaker 2 (00:04):
It's Friday, Happy Friday, fantastic.
Speaker 3 (00:07):
Yeah, bebe Even though the weekend isn't gonna be the
best weather wise.
Speaker 1 (00:11):
It still is.
Speaker 2 (00:12):
Yeah.
Speaker 1 (00:12):
Yeah, it still is the weekend and that's the bonus
part us.
Speaker 3 (00:15):
Stocks drops on worries about thanks. The headline screamed at
me this morning when I saw the paper, What the
heck is going on?
Speaker 2 (00:25):
Well, zign Court tumbled thirteen point one percent. They had
a fifty million dollar charge off related some loans. This
is to a pair of borrowers. I guess that people
are misleading a parent, misrepresenting the contractual and defaults. It
sounds like these are auto Like they're loaning to another
(00:46):
company that loans for automobiles and things. They're hitting the
regional sector. Key Benk hit yesterday, hit their earnings. We
have earnings today coming out from Huntington and Citizens, So
we'll kind of see if this is going to trickle over.
But anytime you say we had a fifty million dollar
(01:06):
right off and it's in a bank, it's going to
affect the market. But it's also getting the effect from China. Okay,
they're going back and forth with China, and I think
that that has a lot to play in it as well.
The Dow was down three hundred and one points, which
is point sixty five percent. For the five days, it's
minus point eighty eight, so not even a percent. Five
(01:28):
hundred off almost forty two points, which is point sixty
three five day minus one point five to seven percent.
Nazak off one hundred and seven yesterday, almost a half
percent negative. For the five days, it's off two percent.
They're all up year to date.
Speaker 1 (01:44):
All right, that's not so bad. See, that's a good person.
Speaker 3 (01:48):
You've got to look at the year to date numbers
if you really want to know what's going on.
Speaker 1 (01:52):
That's the best part.
Speaker 3 (01:53):
So Taiwan Semiconductor they saw a pretty good jump I
hear from what I hear yesterday.
Speaker 2 (02:01):
Yes, they they came up critical player in the AI frenzy.
And then we're also going to watch Novidia come up
with that. Don't have their return right in front of me, Fred,
but I'm sorry, I want to make conductors. Travelers drop
two point nine Hewlett Packer fell ten point one percent. Really,
(02:22):
we had sales force it came up four percent. They're
coming out with a plan to get ten percent compounded
annual revenue growth. Yeah, that goes And this was very interesting. JB.
Hunt Tucking Company.
Speaker 1 (02:38):
Oh, I see their truck's all over the place.
Speaker 2 (02:39):
Yeah, yeah, up twenty two oh baby shop.
Speaker 3 (02:46):
Despite so they're making money despite the rise in diesel gas.
Speaker 2 (02:51):
Well, diesel came down, I've said, because the death is
usually MEANWI says blowed three dimes and seventy cents, But
it's sitting at three doves and sixty four cents, all right,
So it's calming down a little bit. So we're going
to anticipate some more stuff will get moved around for
less expensive. And I'm here to report too. We had
a government report yesterday on the PPI, which is inflation.
(03:13):
Really apparently there is no inflation because none of the
numbers came out. So I'm as happy as we're getting
nothing from the Government's.
Speaker 1 (03:23):
Kind of nice. I get nothing and you don't like it.
Speaker 2 (03:26):
That's that's exactly right.
Speaker 1 (03:28):
So there'll be nothing.
Speaker 3 (03:29):
Nothing again today, right, correct, And normally we'd get some
numbers today, So there's going to be nothing today. How
is the market reacting to this, because normally you know,
they're they're go crazy.
Speaker 1 (03:42):
They respond to every report in a weird way.
Speaker 2 (03:49):
Well, we've had a pullback. I don't know if it's
so much with the government reports. I think it has
more to do with the China, Okay, you know, because
I mean there's the second biggest, biggest economy out there.
You know, we trade with them. We get a lot
of stuff from them. I mean, look at your tags
on anything that we have made in China, and that's
what we're trying to get friendly, your trade agreements with
(04:10):
And if we're gonna hit them with one hundred percent tariff,
it's going to affect us. But they keep going back
and forth. It also has to do with these chips,
you know, can we sell them over there? Can't we
sell them over there? That has a big effect. And
we've had the big run up for everything that Touch
Day Act that we've said over the last couple weeks.
Put AI on it, bow mouth to the races it goes.
That's where we're at.
Speaker 1 (04:31):
I'm well, keep an eye on that.
Speaker 3 (04:32):
So since this is all about that, how are the
prices overseas? What do they look like this morning in
Europe and Asia?
Speaker 2 (04:40):
Well, we have in Asia the China indexes US seventy
six points which is one point ninety five percent. Hong
Kong was up six hundred and forty one, which is
almost two and a half percent to the negative. Nie
K down six hundred and ninety five points, which is
one point four four percent negative. Europe the German index
down five hundred and four points over at minus two
(05:02):
point twenty five percent, France off seventy points, which is
zero point eighty six percent, and they Fuzzy off one
thirty three, which is minus one four to two percent.
So we're getting a lot of negatives out there. But again,
we've had a huge I don't want to say huge,
we've had a run up. Yeah, and you know, we
watch the stocks go up, they're going to come down.
(05:23):
They're going to go up and down. They always do. Yeah,
so don't be alarmed. Let's see what shakes out with
these banks, for regional banks, to see what's going to
happen over the week when President Trump and talking about tariffs,
and see are rap earnings coming out again? We have
more earnings on banking. We have fifth third coming out today,
Huntington shares coming out, So all.
Speaker 1 (05:44):
Right, we'll keep an eye on that.
Speaker 3 (05:45):
Do the futures look good at this point or are
we still a little bit low as we go into Friday.
Speaker 2 (05:51):
We're a little bit negative starting the day. Okay, more
push still coming on. All three of them are in
the in the red right now. Negative, but again anything
could check out during the day.
Speaker 1 (06:01):
Yep. If we change, I'll let you keep an eye
on all the screens.
Speaker 3 (06:06):
I'm going to enjoy my weekend and we will talk
to you on Monday morning. If you need to speak
with Tim before then four one nine eight two four
thirty three hundred Timwatwetroadvisors dot com. Also on LinkedIn and
on Facebook and sign up for their free weekly newsletter.
Advisory services are offered through Capital Investment Advisory Services LLC.
(06:31):
Securities are offered through Capital Investment Group, a member of
Finra SI PC
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