May 13, 2026 • 5 mins
Tech saw some losses as the war in Iran continues and the CPI grew more than expected. Tim breaks it all down in this report.
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Speaker 1 (00:00):
How are you, mister wheetrow Bred.
Speaker 2 (00:03):
It's Wednesday, I wet Wednesday. Of course I'm in a
good mood. Some good things going on.
Speaker 1 (00:07):
Still, oh boy, this ought to be good.
Speaker 3 (00:10):
It's mister sunshine and lolly pops.
Speaker 1 (00:14):
According to the headline.
Speaker 3 (00:16):
Maybe you didn't see the headline, mister, the record setting
run has halted and AI stocks are slumping and oil
prices are rising and they're eating the dogs and caps.
Speaker 1 (00:29):
So you might have missed that.
Speaker 2 (00:30):
I think they are. If that's all I'm reading and
don't really dig into it, You're right, I'm gonna be
a pessimist, but I'm not gonna be don't I'm pessimistic
about is today's weather? Come on each warm weather?
Speaker 1 (00:43):
So what happened that?
Speaker 3 (00:45):
What happened yesterday that has you in an optimistic mood?
Speaker 2 (00:49):
Well, let's start with how we first look at it.
We had the consumer price index came out you're over
you're yes, it ticked up. It was at three point three.
They were expecting three point seven. Yes, inflation is spreading.
It came in at three point eight. And yes it's
because of the oil, we believe, but it's starting to
go out. We take out energy and food year over
(01:10):
year core it went from two point six they were
expected two point seven. It came in at two point eight.
So yes, that's not the best of news. But if
you look at what happened yesterday in the marketplace, I'll
give you the DOWBT finished up fifty six point zero nine,
which is point one pin one. The S and P
five hundred was negative only eleven point eight eight, which
(01:32):
is only point one six. It was down over a
percent at one time during the day, so it worked
its way back up. Same thing with the NASAC. It
was off over a percent yesterday. It finished one hundred
and eighty five point nine two points down only point
seven to one. So we saw this, Okay, it getting negative. Ooh,
maybe it's not so bad. So then they start working
(01:52):
their way back up. And for the five days that
are all positive, you're to date we're positive. So in
the futures right now, the S and P, the Nasdaq
futures are pointing upward, the DAWs pointing a little bit down,
but anything can happen during the day, so their digestions data.
Plus we have the PPE Producer Price Index coming out today,
so that's the businesses that buy the stuff, and we've
(02:13):
already shown what they're passing on those costs to be so.
But I like to look at when things start changing
that it just wasn't a whole cell offer. It wasn't
all negative yesterday. Even though you're right, the tech was hit.
We had that Intel, which has been going going up
this year, it was off almost seven percent.
Speaker 3 (02:34):
And that was everything that goes up comes down. And
some we already know.
Speaker 2 (02:39):
That, you know exactly. And and we had some other
tech companies. Micron Technology dropped three point six, but we
had Zebra Technologies which leaped eleven point four but under
armor thank seventeen percent. So we have some companies across
the boarder that took a negative. Uh. And yes, I agree,
the barrel of oil did go up down a fraction
(03:01):
this morning, but the current bill rose at one hundred
and one dollars and forty five cents. Yes, I would
like that below one hundred and Brent is at one
hundred and seven dollars and twenty four cents, and diesel
went up a cent. National in Ohio we're at four
sixty four, down three cents from yesterday, and we're up
one cent. National gas prices four dollars of fifty one cents,
(03:23):
So I think there's some positivity in there, especially with
the futures pointing up. And yes, I'd like to get
the Iran issue taken care of at President Trump would
They said within an hour or so, he's going to
be landing in China. I'll be very interested to see
what all the people they took with me, what they're
going to say about any deals they can make up.
Speaker 1 (03:40):
Yeah.
Speaker 3 (03:40):
Well, he took every big tech person you could think of,
and not just not just the Internet people. I saw
the big ag Win along too. The head of Cargill
also went along for the ride. There are a bunch
of big companies going and that could bode really well
for us or could bone really well for China, who
(04:04):
can use all of that stuff.
Speaker 1 (04:06):
So, you know, we'll we'll have to wait and see.
Speaker 2 (04:09):
Uh.
Speaker 3 (04:09):
There's a number of things that are going to discuss
trade obviously, UH and Iran and Taiwan. And I think
what's gonna have to happen is you're gonna have to
look at a number of sources to get to the
truth as to what goes on without a doubt. So,
how did what happen to US yesterday. Of fact, if
(04:32):
it did at all, uh in the news, how to
Iran A fact? The foreign markets, where are we at
right now?
Speaker 2 (04:39):
Well on, in the Asian markets, we have these Shanghai
up twenty eight points two point six seven, Hong Kong's
down for excuse me up forty points me Caves at
five and twenty nine, which is point eight four. In Europe,
we had the France CAC down thirty nine, we had
the Flutzy up seven point seventy nine. And remember the
(04:59):
pe pis coming out today, so we'll be focusing on
that at eight thirty this morning. Companies that are still
posting Alababa, Cisco after the bell, Siemens, Brickenstock and step
Up coming out with.
Speaker 1 (05:10):
Some earnings excellent. We will talk about all of that
tomorrow morning.
Speaker 3 (05:13):
If you need to reach out to Tim before then
four one nine eight two four thirty three hundred, Timwatwetrow Advisors,
dot Com, Facebook and LinkedIn. Also advisory services are offered
through Capital Investment Advisory Services LLC.
Speaker 1 (05:33):
Securities are offered through Capital
Speaker 3 (05:34):
Investment Group, a member of ENRA SIPC
How are you, mister wheetrow Bred.
Speaker 2 (00:03):
It's Wednesday, I wet Wednesday. Of course I'm in a
good mood. Some good things going on.
Speaker 1 (00:07):
Still, oh boy, this ought to be good.
Speaker 3 (00:10):
It's mister sunshine and lolly pops.
Speaker 1 (00:14):
According to the headline.
Speaker 3 (00:16):
Maybe you didn't see the headline, mister, the record setting
run has halted and AI stocks are slumping and oil
prices are rising and they're eating the dogs and caps.
Speaker 1 (00:29):
So you might have missed that.
Speaker 2 (00:30):
I think they are. If that's all I'm reading and
don't really dig into it, You're right, I'm gonna be
a pessimist, but I'm not gonna be don't I'm pessimistic
about is today's weather? Come on each warm weather?
Speaker 1 (00:43):
So what happened that?
Speaker 3 (00:45):
What happened yesterday that has you in an optimistic mood?
Speaker 2 (00:49):
Well, let's start with how we first look at it.
We had the consumer price index came out you're over
you're yes, it ticked up. It was at three point three.
They were expecting three point seven. Yes, inflation is spreading.
It came in at three point eight. And yes it's
because of the oil, we believe, but it's starting to
go out. We take out energy and food year over
(01:10):
year core it went from two point six they were
expected two point seven. It came in at two point eight.
So yes, that's not the best of news. But if
you look at what happened yesterday in the marketplace, I'll
give you the DOWBT finished up fifty six point zero nine,
which is point one pin one. The S and P
five hundred was negative only eleven point eight eight, which
(01:32):
is only point one six. It was down over a
percent at one time during the day, so it worked
its way back up. Same thing with the NASAC. It
was off over a percent yesterday. It finished one hundred
and eighty five point nine two points down only point
seven to one. So we saw this, Okay, it getting negative. Ooh,
maybe it's not so bad. So then they start working
(01:52):
their way back up. And for the five days that
are all positive, you're to date we're positive. So in
the futures right now, the S and P, the Nasdaq
futures are pointing upward, the DAWs pointing a little bit down,
but anything can happen during the day, so their digestions data.
Plus we have the PPE Producer Price Index coming out today,
so that's the businesses that buy the stuff, and we've
(02:13):
already shown what they're passing on those costs to be so.
But I like to look at when things start changing
that it just wasn't a whole cell offer. It wasn't
all negative yesterday. Even though you're right, the tech was hit.
We had that Intel, which has been going going up
this year, it was off almost seven percent.
Speaker 3 (02:34):
And that was everything that goes up comes down. And
some we already know.
Speaker 2 (02:39):
That, you know exactly. And and we had some other
tech companies. Micron Technology dropped three point six, but we
had Zebra Technologies which leaped eleven point four but under
armor thank seventeen percent. So we have some companies across
the boarder that took a negative. Uh. And yes, I agree,
the barrel of oil did go up down a fraction
(03:01):
this morning, but the current bill rose at one hundred
and one dollars and forty five cents. Yes, I would
like that below one hundred and Brent is at one
hundred and seven dollars and twenty four cents, and diesel
went up a cent. National in Ohio we're at four
sixty four, down three cents from yesterday, and we're up
one cent. National gas prices four dollars of fifty one cents,
(03:23):
So I think there's some positivity in there, especially with
the futures pointing up. And yes, I'd like to get
the Iran issue taken care of at President Trump would
They said within an hour or so, he's going to
be landing in China. I'll be very interested to see
what all the people they took with me, what they're
going to say about any deals they can make up.
Speaker 1 (03:40):
Yeah.
Speaker 3 (03:40):
Well, he took every big tech person you could think of,
and not just not just the Internet people. I saw
the big ag Win along too. The head of Cargill
also went along for the ride. There are a bunch
of big companies going and that could bode really well
for us or could bone really well for China, who
(04:04):
can use all of that stuff.
Speaker 1 (04:06):
So, you know, we'll we'll have to wait and see.
Speaker 2 (04:09):
Uh.
Speaker 3 (04:09):
There's a number of things that are going to discuss
trade obviously, UH and Iran and Taiwan. And I think
what's gonna have to happen is you're gonna have to
look at a number of sources to get to the
truth as to what goes on without a doubt. So,
how did what happen to US yesterday. Of fact, if
(04:32):
it did at all, uh in the news, how to
Iran A fact? The foreign markets, where are we at
right now?
Speaker 2 (04:39):
Well on, in the Asian markets, we have these Shanghai
up twenty eight points two point six seven, Hong Kong's
down for excuse me up forty points me Caves at
five and twenty nine, which is point eight four. In Europe,
we had the France CAC down thirty nine, we had
the Flutzy up seven point seventy nine. And remember the
(04:59):
pe pis coming out today, so we'll be focusing on
that at eight thirty this morning. Companies that are still
posting Alababa, Cisco after the bell, Siemens, Brickenstock and step
Up coming out with.
Speaker 1 (05:10):
Some earnings excellent. We will talk about all of that
tomorrow morning.
Speaker 3 (05:13):
If you need to reach out to Tim before then
four one nine eight two four thirty three hundred, Timwatwetrow Advisors,
dot Com, Facebook and LinkedIn. Also advisory services are offered
through Capital Investment Advisory Services LLC.
Speaker 1 (05:33):
Securities are offered through Capital
Speaker 3 (05:34):
Investment Group, a member of ENRA SIPC
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