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September 19, 2025 8 mins
   New records set on Wall St Thursday and Tim takes a look at the reasons, and year to date numbers in this report
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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):
Oh, Fred, it's Friday, It's you just name it.

Speaker 3 (00:07):
It's it's the garm and the race. The markets are
going up, it's all good news.

Speaker 4 (00:12):
It's everything today. You want a day to be right now.

Speaker 1 (00:16):
We had we had a.

Speaker 4 (00:17):
Very nice client appreciation uh celebration last night, very nice dinner.
It's one of the things that Whetro Wealth Management does
every year. They don't make they don't try to make
a sales pitch or anything. Tim gets up and bores
everybody with some you know, I just want to thank
all these people and thank you for coming in.

Speaker 1 (00:38):
My God, I just love that each and every one
of you.

Speaker 4 (00:41):
It's like watching the alum. But it's it's a nice
a bit, yes it is.

Speaker 3 (00:46):
I hugged every one of them.

Speaker 1 (00:48):
I know you did.

Speaker 4 (00:49):
I watched and and it's funny because I had a
lot of people come up after after you mentioned who
we were at the table, the Buffalo Soldiers are there.

Speaker 2 (00:58):
A lot of people come.

Speaker 1 (00:59):
Up and said, oh, I listened.

Speaker 4 (01:01):
Every morning as soon as I hear the theme song,
I get out of bed and I listened to see
what Tim has to say.

Speaker 1 (01:11):
That's kind of nice.

Speaker 3 (01:13):
It is nice and we got good.

Speaker 4 (01:15):
And we got good things to say today because the
headline man best day for Intel since the eighties, and
Wall Street set more records. Let's get into the good news.
What do you got for me today?

Speaker 3 (01:28):
Yeah, that was good news.

Speaker 2 (01:29):
Bred Navidia said it was going to buy five I'm
going to emphasize five billion of the chip maker stock
in this Intel.

Speaker 3 (01:37):
So these two really get together.

Speaker 2 (01:38):
That they're doing this is amazing. And don't we have
a facility outside of Columbus that they were building the Intel.

Speaker 1 (01:45):
They are building.

Speaker 3 (01:47):
Yep, they are right, and they said they were.

Speaker 2 (01:49):
Sowing down, so I'm hoping that's going to pick back
up with this investment. But that's really good news.

Speaker 3 (01:54):
We also had.

Speaker 2 (01:56):
Over in UK President Trump and they had signed a
groundbreaking deal, a billion dollar deal with the UK for
some tech for some tech data. So yeah, so we're
having good things going on. And then in our economy,
we had let me get this in front of us.

Speaker 3 (02:17):
We had initial job lists claims yesterday.

Speaker 2 (02:19):
They were expecting two hundred and forty. It came into
two thirty one.

Speaker 3 (02:22):
That's good.

Speaker 2 (02:23):
Look at this Philadelphia Fed manufacturing survey. Now this is
a survey in that district area. You know, how is
the manufacturing, you know, are they hiring, are they are
they doing more? They were expecting a number of two.
It came in at twenty three point two.

Speaker 3 (02:42):
Wow, that's a big increase.

Speaker 2 (02:44):
So something's percolating out there, which.

Speaker 3 (02:47):
Is good news.

Speaker 2 (02:48):
And that led us to the markets. We had the
Dow up one hundred and twenty four points, which is
zero point twenty seven of a percent. We have the
S and P five hundred up thirty one points, which
is almost a half percent, and then NAZAC up two
hundred and nine, which is point ninety four, so almost
a percent higher in a day. But you're big mover here.

Speaker 3 (03:10):
It comes at Russell two thousand, which is a small caps.

Speaker 2 (03:14):
Right up sixty point three five points, which is two
and a half percent in a day. Fred, And let
me say we talked about.

Speaker 3 (03:23):
These small caps.

Speaker 2 (03:24):
This isn't Mom and pops. It's a company that's three
hundred million to two billion in size. WHOA so good
indicators when that one starts running, usually good indicators. And
for the year to date that.

Speaker 3 (03:39):
Russell two thousand is.

Speaker 2 (03:40):
Sitting at ten point sixty five for the year to date,
so it's been catching up with the other industry.

Speaker 4 (03:46):
Well, we look pretty decent then, especially if you're looking
at if you're looking at Wall Street, then you've got
some money investing. You're probably smiling from ear to ear
this morning, even cryptocurr cryptocurrency went up from Novo, nord
disk went up. They rose over six percent. There's there's
just a million things going on. And the Norvo disc

(04:07):
is that uh you know, well goviy uh I think
they call it. It's another new one a day pill
so that you can lose weight. Yeah, yeah, just eat less, Okay,
just eat less.

Speaker 1 (04:21):
So you could do that.

Speaker 2 (04:22):
It's hard, it's hard.

Speaker 1 (04:24):
To do that. I know.

Speaker 3 (04:25):
It a good stuff.

Speaker 4 (04:26):
There were a couple of losers though also, and there
always are, there's winners and losers every day on Wall Stream.
Who lost yesterday? I know Walt Disney slipped a little bit.

Speaker 2 (04:37):
Yeah, well Disney slipped one point one percent the Jimmy
Kimmind deal. But also, you know, they also have their
parks and things, so I don't know as many people
are going to these places as much anymore.

Speaker 1 (04:49):
Very expensive COVID, yeah, very very yeah.

Speaker 3 (04:51):
And they're very expensive. But we also had Live Nation.

Speaker 2 (04:54):
Fell two point eight percent after the Attorney General suit.
It's ticket master business, so they lost a little bit.
But overall, the tech industry was running the markets, a
lot of deals being made, so that's good news. But
right now we're a negative character. We just it's pretty
flat on the counters right now.

Speaker 3 (05:14):
But we'll see where today goes is.

Speaker 2 (05:15):
Who's any more news is going to come out now?

Speaker 4 (05:17):
Are there reports today that are going to either push
or pull things back?

Speaker 2 (05:24):
Nothing major in the way of economic reports. We just
have a San Francisco. San Francisco Fed President Mary Daily
is going to speak today at two thirty.

Speaker 3 (05:32):
But other than that, no main indicators.

Speaker 4 (05:34):
Coming out, so okay, so we don't have to worry
about that. One other thing let me ask you about
because you alluded to this last night for folks who
are clients of yours about a new phone number, and
I don't need you to give it out right now
because nobody's writing us down at six thirty five.

Speaker 1 (05:54):
In the morning.

Speaker 4 (05:55):
But what is that Explain what the reason for the
new phone number is?

Speaker 2 (06:00):
Well, you know, our industry is heavily regulated, which it
should be, right and what we do has to be
monitored just like our emails are monitored.

Speaker 3 (06:08):
They want to make sure if.

Speaker 2 (06:08):
Anybody happens to text, which I usually don't get texts
like that, but if you're texting and things, they want
to make sure that it's logged and monitored. So that's
a good thing. Our industry needs to be looked at,
needs to be regulated to make sure everything's moving in
the right direction properly.

Speaker 4 (06:26):
So people who will use the new phone number. That's
a way for the for the SEC is it who
monitors you and the other organizations to keep an eye
on things so that you're not saying, hey, go out
and buy you know, act me jump to jacks.

Speaker 1 (06:40):
You know, stuff like that.

Speaker 2 (06:42):
Yeah, it's saying that and doing something else. That's exactly right.
And I'm very happy to be compliant. We have that
capita which you read the burbage before I start and
sometimes after, and that they're in place there to help,
you know, monitor what we do, make sure we're doing
the right things, that we're documenting everything, and that's what
we pride ourselves on.

Speaker 1 (07:02):
Absolutely sure he does a great job of that too. Yes,
it does the rest of your staff, all right, listen,
good luck in the race. It is Sunday, morning.

Speaker 4 (07:11):
Now there are some things happening the race day schedule.
The race kicks off at seven am. Now are you
doing anything with the expo and stuff like that? Have
you got your bib already picked up and all of
the all the cool stuff.

Speaker 2 (07:25):
I'm picking out my bid good bye today later in
the afternoon, and I'll go down and look at the spo.
But I'm excited to see what's down there and garments
heavily involved, which which I love. I'm excited for the race.

Speaker 3 (07:39):
Let's get these twenty six miles rollins what I say?

Speaker 4 (07:41):
All right, and they'll be on with me a little
bit later on in the show. Good luck to Tim
as he runs the marathon this weekend on Sunday morning,
seven am. We TROW Wealth Management can be reached at
four point nine eight two four thirty three hundred.

Speaker 1 (07:55):
You can also hit them up with an email.

Speaker 4 (07:57):
Tim w at wtroadvisors dot com, LinkedIn and Facebook also
work Advisory services are offered through Capital Investment Advisory Services.
LC securities are offered through Capital Investment Group, a member
of FINRA SIPC
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