March 23, 2026 • 7 mins
How did the Market do on Friday? Tim has the details on oil prices, tech, and any economic reports.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
How are you, mister Wheatrow.
Speaker 2 (00:03):
Bret A fantastic at a good weekend? And let's get
after Lauch Monday.
Speaker 3 (00:07):
All right, So let's start with because I was just
reading a story out of bloom Out of Bloomberg, I
think it was about oil crisis and the look at
the future of oil prices. Apparently Goldman Sacks takes a
look and says what they think is going to happen?
Speaker 1 (00:27):
What are we.
Speaker 3 (00:27):
Looking at as we get started this morning? Where do
they sit right now? And then we'll talk about what
they did on Friday.
Speaker 2 (00:35):
Yeah, Currently, the stand of burial of oil citing at
ninety nine dollars and seven cents. Last time we talked
on Friday was at ninety six fourteen and Brent is
up one oh eight one hundred and eight dollars of
sixty eight cents, and it's up two percent this morning.
And last Friday we were talking, it was one oh
six and change, but it hit as high as one
(00:55):
hundred and excuse me, one hundred and twelve Brent did
at one point last week week and ninety eight for
the barrel of oil. Of course, we're sitting at ninety
nine now, So yes, keep your eyes on those, and
no one knows where it's going to go. We don't
know where this war's going to end up. But what's
going on the straight of for moves so to all
to be all to all to be determined, I guess well, yeah.
Speaker 3 (01:17):
And a lot of that could be determined today. The
President suggested that if it's not opened by today, that
he's going to bomb their major power plant. Well, we'll
talk about that later, not with you, thank you. That's
that's not a problem.
Speaker 1 (01:37):
Not a problem.
Speaker 3 (01:38):
So let's take a look at what happened on Friday.
Where did we end up on Friday? Were the reports
that shook things up? Was it all oil that shoot
things up? What happened?
Speaker 2 (01:48):
It's mainly the words what's going on? But we ended
the day with the dow down four hundred and forty three,
almost four hundred and forty four points, which is point
ninety six of a percent. Wasn't a real good week.
It was off the dow off for the week five
days minus two point one point one. Where it sits.
I'll give you a year today, since it is Monday,
we're sitting at minus five little over minus five the
(02:08):
year to date on the Dow. That's the P five
hundred lost one hundred points, which is a little over
one and a half percent for the five days off
one point nine zero. It's off four point ninety five
year to date, so it's not the end of the world.
We haven't hit correction territory yet. And the Nasdaq caught
four hundred and forty three points, which is two percent,
(02:29):
and four to five days it's only off two point
oh seven and year today is off six point eight six,
so it's climbing a higher. Texts going, they're all all
three indexes are going to the negative here. And then
the one that we've been watching, the Russell got hit
last Friday and lost two point three percent, but we
look at that for the five days is up one
(02:50):
point sixty eight, but year to dat it's only off
one point seventy five. Now what we'll put pressure on
those small caps are interest rates, and they've been climbing.
We have a two year sitting at three point ninety
nine this morning, last week gives at three point eight
nine or Friday, and the ten year it's at four
point four to three percent and last week is at
(03:11):
or Friday four point three, so it's climbing as well.
Speaker 1 (03:14):
Okay, all right, so I mean we're not in real
bad shape.
Speaker 3 (03:18):
Things are fluctuating, and this has to do with the war,
and a lot of it's going to depend on how
long this lasts. The story I was looking at this
morning from Golden they're assuming that there will be a
disruption for at least six weeks and then it will
take them another month to recover after that. So this
is going to be an ongoing column for a for
(03:39):
a while. And a lot of stuff comes through the straight.
It's not just oil, there's a lot of food supplies
and everything else that comes through there. What else are
we looking at winners and losers from Friday? We must
have had at least one winner, I hope sax sat
X one Yeah of.
Speaker 2 (04:00):
A percent, fred uh. But other other positives. We had
Morgan Stanley up one point eight four, Wells Fargo up
one point five to eight, so the financials were moving
in the right direction. At and T was a winner
at two point zero five percent. You Manna up two
point zero seven. But one company I want to highlight,
the big negative in the spy was the super micro
(04:20):
computers lost thirty three percent. US government Accuseday, senior vice
president of that company and two others affiliated with it,
inspiring and smuggling billions of dollars of computer servers containing
the Nvidia chips. Oh wow, that doesn't smell good.
Speaker 3 (04:40):
And of course we'll have to wait and see because
that's just a charge that's still got to work its
way through the cor system.
Speaker 1 (04:46):
But look what it does to the sock market.
Speaker 3 (04:49):
I don't know if you saw it or not, but
last week and I think I might have forward this
to you, our buddy Adam wanted to know if you
would be able to include credit faults in your report,
your daily report from time to time.
Speaker 1 (05:05):
Do you have access to that kind of information?
Speaker 2 (05:08):
Oh yeah, we can check all that out and see
where the countries that we're looking at this. So I
will follow up on that, Adam, and get back from
God dip read some news periodically in here along with
the end of seas and see what's going on. Because yes,
if we're spending money and we're putting it on credit card,
that's just putting more pressure.
Speaker 3 (05:25):
Yeah, and you're going to be in all day tomorrow correct?
Well yeah, okay, so tomorrow we'll look forward to a
credit default report, because to get that out, Tim will
be sitting in the studio tomorrow morning from six.
Speaker 2 (05:41):
Oh, that's right, I'm sorry for a minute. Yes, I
will be with you tomorrow.
Speaker 1 (05:46):
That's right. He'll be in studio tomorrow for the entire show.
Speaker 3 (05:49):
So if you have any questions about that kind of stuff,
he won't be able to tell you what stocks to
buy and those kind of things, they don't do that,
But any general questions he'll he'll be glad to answer.
Speaker 1 (06:00):
He'll be with us tomorrow morning. Is there anything we
should keep.
Speaker 3 (06:04):
An eye out for today other than the Straits of
Hormuz action?
Speaker 1 (06:08):
Any reports that we're expecting.
Speaker 2 (06:11):
This week is going to be really low on reports.
We have construction spending coming out at ten o'clock today,
but this whole week we have a lot of Federal
Reserve governors presidents coming out and speaking on TV and
other other speeches. But other than that, not a whole
lot of activity.
Speaker 3 (06:27):
All right, So you keep an eye on stuff. I'll
see you tomorrow morning at the front door at six am. Now,
if you need to reach out to Tim before then
four one nine eight two four thirty three one hundred.
Timw at wee Troveladvisors, dot Com, LinkedIn and Facebook advisory
(06:48):
services of course offered through Capital Investment Advisory Services LC
and securities are offered through Capital Investment Group, a member
of FINRA s I p C
How are you, mister Wheatrow.
Speaker 2 (00:03):
Bret A fantastic at a good weekend? And let's get
after Lauch Monday.
Speaker 3 (00:07):
All right, So let's start with because I was just
reading a story out of bloom Out of Bloomberg, I
think it was about oil crisis and the look at
the future of oil prices. Apparently Goldman Sacks takes a
look and says what they think is going to happen?
Speaker 1 (00:27):
What are we.
Speaker 3 (00:27):
Looking at as we get started this morning? Where do
they sit right now? And then we'll talk about what
they did on Friday.
Speaker 2 (00:35):
Yeah, Currently, the stand of burial of oil citing at
ninety nine dollars and seven cents. Last time we talked
on Friday was at ninety six fourteen and Brent is
up one oh eight one hundred and eight dollars of
sixty eight cents, and it's up two percent this morning.
And last Friday we were talking, it was one oh
six and change, but it hit as high as one
(00:55):
hundred and excuse me, one hundred and twelve Brent did
at one point last week week and ninety eight for
the barrel of oil. Of course, we're sitting at ninety
nine now, So yes, keep your eyes on those, and
no one knows where it's going to go. We don't
know where this war's going to end up. But what's
going on the straight of for moves so to all
to be all to all to be determined, I guess well, yeah.
Speaker 3 (01:17):
And a lot of that could be determined today. The
President suggested that if it's not opened by today, that
he's going to bomb their major power plant. Well, we'll
talk about that later, not with you, thank you. That's
that's not a problem.
Speaker 1 (01:37):
Not a problem.
Speaker 3 (01:38):
So let's take a look at what happened on Friday.
Where did we end up on Friday? Were the reports
that shook things up? Was it all oil that shoot
things up? What happened?
Speaker 2 (01:48):
It's mainly the words what's going on? But we ended
the day with the dow down four hundred and forty three,
almost four hundred and forty four points, which is point
ninety six of a percent. Wasn't a real good week.
It was off the dow off for the week five
days minus two point one point one. Where it sits.
I'll give you a year today, since it is Monday,
we're sitting at minus five little over minus five the
(02:08):
year to date on the Dow. That's the P five
hundred lost one hundred points, which is a little over
one and a half percent for the five days off
one point nine zero. It's off four point ninety five
year to date, so it's not the end of the world.
We haven't hit correction territory yet. And the Nasdaq caught
four hundred and forty three points, which is two percent,
(02:29):
and four to five days it's only off two point
oh seven and year today is off six point eight six,
so it's climbing a higher. Texts going, they're all all
three indexes are going to the negative here. And then
the one that we've been watching, the Russell got hit
last Friday and lost two point three percent, but we
look at that for the five days is up one
(02:50):
point sixty eight, but year to dat it's only off
one point seventy five. Now what we'll put pressure on
those small caps are interest rates, and they've been climbing.
We have a two year sitting at three point ninety
nine this morning, last week gives at three point eight
nine or Friday, and the ten year it's at four
point four to three percent and last week is at
(03:11):
or Friday four point three, so it's climbing as well.
Speaker 1 (03:14):
Okay, all right, so I mean we're not in real
bad shape.
Speaker 3 (03:18):
Things are fluctuating, and this has to do with the war,
and a lot of it's going to depend on how
long this lasts. The story I was looking at this
morning from Golden they're assuming that there will be a
disruption for at least six weeks and then it will
take them another month to recover after that. So this
is going to be an ongoing column for a for
(03:39):
a while. And a lot of stuff comes through the straight.
It's not just oil, there's a lot of food supplies
and everything else that comes through there. What else are
we looking at winners and losers from Friday? We must
have had at least one winner, I hope sax sat
X one Yeah of.
Speaker 2 (04:00):
A percent, fred uh. But other other positives. We had
Morgan Stanley up one point eight four, Wells Fargo up
one point five to eight, so the financials were moving
in the right direction. At and T was a winner
at two point zero five percent. You Manna up two
point zero seven. But one company I want to highlight,
the big negative in the spy was the super micro
(04:20):
computers lost thirty three percent. US government Accuseday, senior vice
president of that company and two others affiliated with it,
inspiring and smuggling billions of dollars of computer servers containing
the Nvidia chips. Oh wow, that doesn't smell good.
Speaker 3 (04:40):
And of course we'll have to wait and see because
that's just a charge that's still got to work its
way through the cor system.
Speaker 1 (04:46):
But look what it does to the sock market.
Speaker 3 (04:49):
I don't know if you saw it or not, but
last week and I think I might have forward this
to you, our buddy Adam wanted to know if you
would be able to include credit faults in your report,
your daily report from time to time.
Speaker 1 (05:05):
Do you have access to that kind of information?
Speaker 2 (05:08):
Oh yeah, we can check all that out and see
where the countries that we're looking at this. So I
will follow up on that, Adam, and get back from
God dip read some news periodically in here along with
the end of seas and see what's going on. Because yes,
if we're spending money and we're putting it on credit card,
that's just putting more pressure.
Speaker 3 (05:25):
Yeah, and you're going to be in all day tomorrow correct?
Well yeah, okay, so tomorrow we'll look forward to a
credit default report, because to get that out, Tim will
be sitting in the studio tomorrow morning from six.
Speaker 2 (05:41):
Oh, that's right, I'm sorry for a minute. Yes, I
will be with you tomorrow.
Speaker 1 (05:46):
That's right. He'll be in studio tomorrow for the entire show.
Speaker 3 (05:49):
So if you have any questions about that kind of stuff,
he won't be able to tell you what stocks to
buy and those kind of things, they don't do that,
But any general questions he'll he'll be glad to answer.
Speaker 1 (06:00):
He'll be with us tomorrow morning. Is there anything we
should keep.
Speaker 3 (06:04):
An eye out for today other than the Straits of
Hormuz action?
Speaker 1 (06:08):
Any reports that we're expecting.
Speaker 2 (06:11):
This week is going to be really low on reports.
We have construction spending coming out at ten o'clock today,
but this whole week we have a lot of Federal
Reserve governors presidents coming out and speaking on TV and
other other speeches. But other than that, not a whole
lot of activity.
Speaker 3 (06:27):
All right, So you keep an eye on stuff. I'll
see you tomorrow morning at the front door at six am. Now,
if you need to reach out to Tim before then
four one nine eight two four thirty three one hundred.
Timw at wee Troveladvisors, dot Com, LinkedIn and Facebook advisory
(06:48):
services of course offered through Capital Investment Advisory Services LC
and securities are offered through Capital Investment Group, a member
of FINRA s I p C
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