April 30, 2026 • 7 mins
Earning reports kept the Market from falling too much on Wednesday despite the fact that crude oil prices continue to rise.
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Episode Transcript
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Speaker 1 (00:00):
How are you, mister Wheetrow.
Speaker 2 (00:03):
Fantastic with Thursday?
Speaker 1 (00:07):
Yes, that's right, last day we're on, man, This is
month is going fast. The year is already heading into May.
We got all kinds of stuff going on. We got
the Federal Reserve. Powell says, I'm going to hang around.
I'll still be a governor of one of the districts.
He won't be the chairman, he won't be the head.
But that's okay. Oil prices continue to rise. Gas. I
(00:31):
keep seeing on my Facebook this morning people are taking
pictures of all the gas.
Speaker 2 (00:35):
Stations they pass, Oh yeah.
Speaker 1 (00:38):
With gases three ninety nine and over four dollars.
Speaker 2 (00:41):
And it keeps going up.
Speaker 1 (00:42):
But with all of that going on, and the warning
Round continuing, and the war in Ukraine continuing, and the
fights with the MAO friends, stocks continue to chug along.
What the hell?
Speaker 2 (00:55):
What happened yesterday? We've got we have good earning spread,
good earnings from these companies, and they saying how much
money they're going to spend, so that that shakes the
market a little bit. But I have one word for you,
after all what you went through, what does the market
not like uncertainty?
Speaker 1 (01:13):
That's right?
Speaker 2 (01:14):
And that's exactly what we have. Uh, if you you
better buckle up at the gas pump. You they're sending
your picture spread. Yesterday, I said the national or assuming
the Ohio average was four and twenty two cents, this
morning it's four forty six cents. Oh so yeah, strap
on when you go fill up. It's just like holy cow.
(01:35):
So but you know that news. It just kind of
shakes us because there's more money out of our pocket.
It's like an imposed tax that we're paying. But here
we have the dow yesterday minus two hundred and eighty points,
which a little over a half percent. For the week,
we're down one point twenty seven, but we're up for
the month. But the S and P five hundred was down,
(01:57):
recue me. The S and P five hundred was down
only off two point eight five points, which is point
zero four for the week. It's off point zero three
or i should say five days, so just barely negative.
The nasdak up nine point four to four for the day,
point zero four of a percent. It's up point zero
(02:17):
six for five days and all of them are in
the green year to date. And I'll give a recap
of where we are going into May tomorrow. But it's
shaking us up. But you're right, the market's pulling back
a little bit, but nothing like it did in March.
So you know, here we have we're not we're not
dropping bombs anymore. We're in negotiations supposedly, and we're still
(02:38):
blocking straight, which is putting a you know, stranglehold on
that barrel of oil, which is traded worldwide. But right now,
and oil went up. And I love these articles spread.
You know, I read a lot of things. You send
me things. I look at things, but I love how
they describe it gushing crude oil prices and it says
the scurrying.
Speaker 1 (02:57):
I love you scurry yesterday? Were you scurry? I know
what your office looks like. There's plenty of room. Did
you scurry around the office yesterday?
Speaker 2 (03:08):
Oh? We watched oil Presents day and we just scurry
all over the place. Even when I was pumping, I
got out of my car, scurry around, go oh god,
look what I have to put in here. I just
stop it. But it gets too high. It's like, ooh,
that's enough. But the national average is four dollars and
thirty cents. But that barrel of oil went up a lot. Yesterday,
we had one hundred and six dollars and sixty one cents.
(03:28):
This morning, Brent said one hundred and three and nineteen cents.
Diesel didn't take that big increase, but it's still high.
It didn't come down as much. But he was sitting
right now up three cents from yesterday at five dollars
and forty nine cents. Okay, And that's what we always
talked about. Diesel move stuff around. But we had more
good news, so it should be good news Thursday, so
(03:51):
and there was some good news.
Speaker 1 (03:52):
There was some good news locally too. And we'll get
to it in a minute about general motors, so we'll
we'll have to cover that, but go ahead.
Speaker 2 (04:00):
Yeah, durable goods orders. If we look at March durable
good ors, we're up point eight of a percent. They
were expecting point two. Durable goods. Money's trans transportation up
point nine, so we're okay. Housing starts to give us
February and March. So housing starts in February up one
(04:21):
one million, one point three six million. I got to
get that out. Housing starts in March up one point
five to zero million. Building permits February one point five
to four million, a little less this March, but one
point three seven. But still we have you know, things
are still chugging along. I turn on that TV. It's
(04:43):
so negative everything is going on, you know. Negativity drives
that news. That's why I always like to give us, hey,
it's not so bad out here.
Speaker 1 (04:50):
Well, And I think the other part of that is
we all deal in our own way with what's happening
with us. Most people don't take Most people don't take
the wide look and say, okay, you know, yes, my
gas is costing me more, diesel is costing more and
paying more at the grocery store. But General Motors is
(05:12):
gonna do a forty million dollar upgrade here in Toledo.
So they don't because they don't see that forty million
dollar upgrade at GM at the power plant helping them,
particularly because they don't work there. So then they're never
gonna see the value in that. And gas is you know,
if you're paying three ninety nine or more than four
(05:34):
dollars a gallon, that affects you, and paying more for
what you get at the grid, that affects you more
than all this stuff on the stock market.
Speaker 2 (05:43):
And I love that good news because that forty million.
It doesn't happen immediately, it does trickle down, but because
is hey, we're moving in the right direction and gives that,
you know, positive thoughts of seeing this kind of news. Yeah,
it's very good.
Speaker 1 (05:57):
Yeah, it's going to increase their capacity city for the
ten speed transmission, which which they do up there, and
it will also help UH in the in the job market.
When it comes to their bigger trucks, it's got nothing
to do, trust me, with the EV and the Hybridge.
Speaker 2 (06:17):
This is all about down that road.
Speaker 1 (06:19):
It is all about the big trucks are are are
with the Americans just absolutely love to buy no matter
how much gas is.
Speaker 2 (06:28):
You know, mm hmm. We have a economic calendar, the
GDP first Estimates coming out for the first quarter. Okay.
We have the PCE, the favorite measurement of the Fed
for inflation. It's coming out for March. We have jobless claims,
and we have on the earnings. We have Apple and
Amazon coming out. Okay.
Speaker 3 (06:50):
Now, is that going to be before the bell or
after the bell? No, there'll be after the bell, after
the bell. I know, we have some before some after
if it comes up. Or yeah, we have Apple.
Speaker 2 (07:02):
I'm sorry, Apple is this morning or no, it's after
the bill. I'm sorry, Okay, this morning, MasterCard is this morning.
Most of the tech companies will come on after the bell.
Speaker 1 (07:13):
All right, well, I'll let you keep an eye on
that stuff and we'll find out what happens tomorrow morning.
If you need to reach Tim before then four one
nine eight two four thirty three hundred, timw at Weetrow Advisors,
dot Com, LinkedIn, and Facebook and advisory services are offered
(07:35):
through Capital Investment Advisory Services l LC. Securities are offered
through Capital Investment Group, a member of FINRA SIPC
How are you, mister Wheetrow.
Speaker 2 (00:03):
Fantastic with Thursday?
Speaker 1 (00:07):
Yes, that's right, last day we're on, man, This is
month is going fast. The year is already heading into May.
We got all kinds of stuff going on. We got
the Federal Reserve. Powell says, I'm going to hang around.
I'll still be a governor of one of the districts.
He won't be the chairman, he won't be the head.
But that's okay. Oil prices continue to rise. Gas. I
(00:31):
keep seeing on my Facebook this morning people are taking
pictures of all the gas.
Speaker 2 (00:35):
Stations they pass, Oh yeah.
Speaker 1 (00:38):
With gases three ninety nine and over four dollars.
Speaker 2 (00:41):
And it keeps going up.
Speaker 1 (00:42):
But with all of that going on, and the warning
Round continuing, and the war in Ukraine continuing, and the
fights with the MAO friends, stocks continue to chug along.
What the hell?
Speaker 2 (00:55):
What happened yesterday? We've got we have good earning spread,
good earnings from these companies, and they saying how much
money they're going to spend, so that that shakes the
market a little bit. But I have one word for you,
after all what you went through, what does the market
not like uncertainty?
Speaker 1 (01:13):
That's right?
Speaker 2 (01:14):
And that's exactly what we have. Uh, if you you
better buckle up at the gas pump. You they're sending
your picture spread. Yesterday, I said the national or assuming
the Ohio average was four and twenty two cents, this
morning it's four forty six cents. Oh so yeah, strap
on when you go fill up. It's just like holy cow.
(01:35):
So but you know that news. It just kind of
shakes us because there's more money out of our pocket.
It's like an imposed tax that we're paying. But here
we have the dow yesterday minus two hundred and eighty points,
which a little over a half percent. For the week,
we're down one point twenty seven, but we're up for
the month. But the S and P five hundred was down,
(01:57):
recue me. The S and P five hundred was down
only off two point eight five points, which is point
zero four for the week. It's off point zero three
or i should say five days, so just barely negative.
The nasdak up nine point four to four for the day,
point zero four of a percent. It's up point zero
(02:17):
six for five days and all of them are in
the green year to date. And I'll give a recap
of where we are going into May tomorrow. But it's
shaking us up. But you're right, the market's pulling back
a little bit, but nothing like it did in March.
So you know, here we have we're not we're not
dropping bombs anymore. We're in negotiations supposedly, and we're still
(02:38):
blocking straight, which is putting a you know, stranglehold on
that barrel of oil, which is traded worldwide. But right now,
and oil went up. And I love these articles spread.
You know, I read a lot of things. You send
me things. I look at things, but I love how
they describe it gushing crude oil prices and it says
the scurrying.
Speaker 1 (02:57):
I love you scurry yesterday? Were you scurry? I know
what your office looks like. There's plenty of room. Did
you scurry around the office yesterday?
Speaker 2 (03:08):
Oh? We watched oil Presents day and we just scurry
all over the place. Even when I was pumping, I
got out of my car, scurry around, go oh god,
look what I have to put in here. I just
stop it. But it gets too high. It's like, ooh,
that's enough. But the national average is four dollars and
thirty cents. But that barrel of oil went up a lot. Yesterday,
we had one hundred and six dollars and sixty one cents.
(03:28):
This morning, Brent said one hundred and three and nineteen cents.
Diesel didn't take that big increase, but it's still high.
It didn't come down as much. But he was sitting
right now up three cents from yesterday at five dollars
and forty nine cents. Okay, And that's what we always
talked about. Diesel move stuff around. But we had more
good news, so it should be good news Thursday, so
(03:51):
and there was some good news.
Speaker 1 (03:52):
There was some good news locally too. And we'll get
to it in a minute about general motors, so we'll
we'll have to cover that, but go ahead.
Speaker 2 (04:00):
Yeah, durable goods orders. If we look at March durable
good ors, we're up point eight of a percent. They
were expecting point two. Durable goods. Money's trans transportation up
point nine, so we're okay. Housing starts to give us
February and March. So housing starts in February up one
(04:21):
one million, one point three six million. I got to
get that out. Housing starts in March up one point
five to zero million. Building permits February one point five
to four million, a little less this March, but one
point three seven. But still we have you know, things
are still chugging along. I turn on that TV. It's
(04:43):
so negative everything is going on, you know. Negativity drives
that news. That's why I always like to give us, hey,
it's not so bad out here.
Speaker 1 (04:50):
Well, And I think the other part of that is
we all deal in our own way with what's happening
with us. Most people don't take Most people don't take
the wide look and say, okay, you know, yes, my
gas is costing me more, diesel is costing more and
paying more at the grocery store. But General Motors is
(05:12):
gonna do a forty million dollar upgrade here in Toledo.
So they don't because they don't see that forty million
dollar upgrade at GM at the power plant helping them,
particularly because they don't work there. So then they're never
gonna see the value in that. And gas is you know,
if you're paying three ninety nine or more than four
(05:34):
dollars a gallon, that affects you, and paying more for
what you get at the grid, that affects you more
than all this stuff on the stock market.
Speaker 2 (05:43):
And I love that good news because that forty million.
It doesn't happen immediately, it does trickle down, but because
is hey, we're moving in the right direction and gives that,
you know, positive thoughts of seeing this kind of news. Yeah,
it's very good.
Speaker 1 (05:57):
Yeah, it's going to increase their capacity city for the
ten speed transmission, which which they do up there, and
it will also help UH in the in the job market.
When it comes to their bigger trucks, it's got nothing
to do, trust me, with the EV and the Hybridge.
Speaker 2 (06:17):
This is all about down that road.
Speaker 1 (06:19):
It is all about the big trucks are are are
with the Americans just absolutely love to buy no matter
how much gas is.
Speaker 2 (06:28):
You know, mm hmm. We have a economic calendar, the
GDP first Estimates coming out for the first quarter. Okay.
We have the PCE, the favorite measurement of the Fed
for inflation. It's coming out for March. We have jobless claims,
and we have on the earnings. We have Apple and
Amazon coming out. Okay.
Speaker 3 (06:50):
Now, is that going to be before the bell or
after the bell? No, there'll be after the bell, after
the bell. I know, we have some before some after
if it comes up. Or yeah, we have Apple.
Speaker 2 (07:02):
I'm sorry, Apple is this morning or no, it's after
the bill. I'm sorry, Okay, this morning, MasterCard is this morning.
Most of the tech companies will come on after the bell.
Speaker 1 (07:13):
All right, well, I'll let you keep an eye on
that stuff and we'll find out what happens tomorrow morning.
If you need to reach Tim before then four one
nine eight two four thirty three hundred, timw at Weetrow Advisors,
dot Com, LinkedIn, and Facebook and advisory services are offered
(07:35):
through Capital Investment Advisory Services l LC. Securities are offered
through Capital Investment Group, a member of FINRA SIPC
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