Episode Transcript
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Speaker 1 (00:00):
How are you, mister Wheatrow.
Speaker 2 (00:03):
Happy Friday. I'm fantastic, Bred.
Speaker 1 (00:06):
You're fantastic.
Speaker 3 (00:07):
Well, you might be fantastic, but the stocks.
Speaker 1 (00:11):
Fell flat on their faces yesterday, just one day, just
one day.
Speaker 3 (00:16):
Oil prices once again as they have been for the
last ten weeks now yo yoing back and forth. There
were more attacks yesterday in the streets of wo woos.
There's talk about it being open, there's talk about it
not being open. Shots were fired. Did you happen to
know where the price sits right now? I know it
(00:38):
closed at just a tiny little bit over one hundred
dollars for Brent.
Speaker 1 (00:43):
Do you know where it is right now this morning?
Speaker 2 (00:46):
Yeah, Brent's up about fifty cents more so it's at
one hundred dollars and sixty cents.
Speaker 1 (00:50):
Okay.
Speaker 2 (00:51):
So it's just to hear it's not overreacting and you're
calling this isn't an attack bread, this is a love tap.
Speaker 1 (00:57):
Oh, that's right, the president.
Speaker 3 (00:58):
Referred to with President Trump referred to it as a
love tap.
Speaker 1 (01:03):
Well, the love tab sent it up about fifty cents.
Speaker 3 (01:07):
So what happened yesterday runs through some of the numbers
for crude and stocks and everything else.
Speaker 2 (01:13):
Yeah, with what's going on and ran that's what we
still have good earnings coming out, So it's that pressure
on what's gonna happen with the bear of oil. It's
not overreacting this morning. The futures right now in the
stock marker are pointing up. Their green gasoline is starting
to inch inch, I mean slightly inched down, I mean
one cent for national average down to four fifty four cent,
Ohio down three cents four hours and seventy five cents,
(01:35):
Diesels down a penny at five dollars sixty six cents.
But the Dow doesn't like the commotion. So we have
the Dow Industrials yesterday down three hundred and thirteen, which
is point sixty three percent. And I'll give you the
five day, not just the four days. For the five
day is minus point one one so pretty flat. That's
(01:56):
the p five hundred off twenty eight points yesterday, which
is point three eighth of a percent. It's five days
up one point seven eight percent because it's been hitting
records all long and then pulled back yesterday a little bit.
Naz back down thirty two point seven five points, which
is zero point one to three ou a percent. For
the five days, it's up three point sixty seven h So, yeah,
(02:18):
look what's going on. And TeX's kind of leading that
way again. But again, this is earning season. We've got
a lot of companies come out beating expectations, but we've
had some that are kind of well, they're not hitting expectations.
Whirlpool which tumbled eleven point nine percent. Shake check, they're
having a rough time. It's Burger wore out there dropped
twenty eight point three percent. Wow, but we have that. Now,
(02:42):
let's look at Tech Data Dog lead thirty one point
three percent, so and they're monitoring and security platform. We
have x On Enterprises rallied ten point six percent, their
big growth in the counter drone products. It it kind of
gives you that little feel. But again today it's they're
(03:04):
not overacting with the love tap that we had from
the president. So that's what I like to see. Maybe
that barrel oil come down a little bit this morning,
and stock teachers, might you know, keep going up. We'll
see at nine thirty.
Speaker 3 (03:15):
Yeah, if we can, if we can get the crude
prices down a little bit more under one hundred bucks,
that brings the cost of diesel down. That brings the
cost of everything else down because yep, diesel is look
drives the economy when it comes to delivering all the
goods and services that we use. Are there any who
were expecting earnings reports from today, anybody in particular that
(03:37):
could shake things up.
Speaker 2 (03:39):
Yeah, we have m bridge Oshkosh Windy's again, another burger
company coming out. But we're looking at the Let's look
at what the economic calendar did yesterday, because we had
a lot of stuff that you we didn't get a
lot of. You know, we're lifted up in the boot again.
The good things going on. Initial jobless claims came under
what they expected. They expected two hundred and six thousand,
came in at two hundred thousand. We had construction spending
(04:01):
off a little bit for February but up in March.
So those are positive things we have today. We have
the unemployment report. It's important US well, I said unemployment.
We also have US employment reports. We have them both
coming out, and we have hourly wages.
Speaker 1 (04:20):
So we want to take a peek at those two
good We'll keep an eye on all of that.
Speaker 3 (04:24):
Hopefully we'll have a very good Friday going to the
weekend with high hopes and with any luck at all,
there may actually be an agreement before we get to Monday.
If not, we'll be checking in with Tim again on
Monday morning. Now, if you need to reach out to
him before then, we've made that real easy. Four one
nine eight two four thirty three hundred timw Atweetrowadvisors dot com,
(04:51):
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