May 14, 2026 • 6 mins
Tech led the way yesterday and Tim has all the details
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
But I'm fantastic it's Mini Friday.
Speaker 2 (00:03):
Yeah, it's gonna be sunny out it is, and if
it wasn't.
Speaker 3 (00:07):
For the rain tomorrow, it would actually be a pretty
decent day tomorrow because it's supposed to be in the seventies.
Speaker 2 (00:13):
You know, we need more rain.
Speaker 1 (00:16):
Yeah, well you might need more rain.
Speaker 3 (00:18):
I need to get out of my bike and ride
around from all right, So listen the headline a little
bit worried about big tech and the oil prices and
the uncertainty. Again big tech, some of them did pretty
good yesterday actually, and brought a couple of the markets up.
Oil prices haven't changed. And I just now, actually just
(00:39):
before I answered the phone, read a story that another
Iranian ship or another tanker has been seized by you
around this one off the ghost off the coast of
the UAE. So oil prices are going to be in
flux again. What happened yesterday, I know some of it
was pretty good news.
Speaker 1 (01:01):
Yeah, let's start with the looking at the economic news.
The PPI producer price indecks came out yesterday, came.
Speaker 2 (01:09):
Out a little higher than what expected.
Speaker 1 (01:11):
They it was at three point seven. It came in
at four point four. So normally that.
Speaker 2 (01:16):
Kind of news is gonna say, okay, inplation's coming because
that's how.
Speaker 1 (01:18):
The producers are buying it. They're going to pass it on,
which we had.
Speaker 2 (01:20):
The day before, and that increased the consumer.
Speaker 1 (01:23):
Price index, but it didn't didn't move a lot in
the market. We had the Dow only down sixty seven points,
which is point one four percent. For the five days
it is all point four to four. But the pre
market this morning is pushing up.
Speaker 2 (01:38):
P five hundred though, is up.
Speaker 1 (01:40):
Forty three point twenty nine points, which is a little
over a half percent. It's five days up a little
over one percent, and it's pushing up this morning. Per market.
Same thing with the Naza going up. It was up
three hundred and fourteen bread, which.
Speaker 2 (01:53):
Is one point two percent.
Speaker 1 (01:54):
It's five days up two point one eight. So let's
take a look. You mentioned tech. That's what's drive the
market right now. If you look at the S and
P five hundred we've talked about, it has eleven sectors.
And we know if this years ago we go, oh,
we compete with the S ANDP. You know, people used
to ask that. Right now the S and P five
hundred between communications and Technology, which communications has a lot
(02:16):
of tech in it too that you would think like
Meta just name one there. They make up forty seven
point nine to two of the S and P. Wow,
when they have a good day or a bad day,
that can move the S and P five hundred. The
stocks that moved yesterday, we had Navidia two point three.
Semiconductors moved to eleven point one. Micro Technology was up
(02:37):
four point eight. But here's a big tech company I
want to talk about. So on. We used to talk
about years ago Ford Board.
Speaker 2 (02:46):
It was it was leading the way.
Speaker 1 (02:49):
And the S and P at thirteen point one eight
percent up yesterday, I.
Speaker 2 (02:53):
Like like a Ford. Uh you know, we used to
talk always about.
Speaker 1 (02:57):
These big company. I thinking, why in the world is
Ford moving up? And it has to do with they
came out yesterday served as Morgan Stanley gets bullish on
energy storage business.
Speaker 2 (03:10):
They're gonna take on they say Tesla's.
Speaker 1 (03:12):
And when you say energy business and storage of energy,
we're talking about botteries. Okay, so they're gonna go down
kentucking one of their plans of work on getting it
to hold more energy or at least having some energy
storage out there.
Speaker 2 (03:27):
So to be determined. But that's why the stock moved
yesterday because of this uh moving forward on the energy storage.
Speaker 1 (03:34):
So I thought that was I thought that was very
very interesting. If we look at the barrel of oil,
You're right, I need you know, we need the barrel
of oil to.
Speaker 2 (03:41):
Go up, like we need more rain here in Ohio.
Speaker 1 (03:44):
It's at a little over one hundred dollars right now.
Speaker 2 (03:46):
Brent's up one hundred and five point eight nine, diesels.
Speaker 1 (03:50):
Holding it five thousand and sixty six.
Speaker 2 (03:51):
Cents the Ohio average, even though I've.
Speaker 1 (03:53):
Seen it at four fifty nine. The Ohio average is
at four thousand and sixty two cents right now. But yes,
we use little relief because that's effecting what we talked
about on that PPI that jumped. You're a four point four.
Speaker 3 (04:06):
And even taking off that federal tax at least would
be a little bit of a relief. I understand the
federal government would lose quite a bit, and they're they're
gonna obviously look for ways to make it up, but
it would give you a little bit. But with the
diesel price remaining high, as you've pointed out numerous times,
everything travels using diesel fuel and so they got to
(04:29):
pass that along. And you guess who get passed along
to that would be us.
Speaker 2 (04:34):
And remember too, once you get these prices up a
little more, just like the lass and when it was
up around nine a few years ago in place, it
was hitting as hard.
Speaker 1 (04:41):
Did those prices come down, Fred when you go to
the grocer, I mean some of them did, but they.
Speaker 2 (04:46):
Get you buying it.
Speaker 1 (04:47):
You're there, Yeah, you know, the majority of gotting.
Speaker 3 (04:51):
And we read yesterday tomatoes went up forty percent this year. Yeah,
they won't be taking that down anytime soon.
Speaker 1 (05:00):
Go ahead, and we had. Cisco came out with their
earnings yesterday after the bell. They beat on both sides.
Speaker 2 (05:06):
They also announced that they're gonna cut.
Speaker 1 (05:09):
Four thousand jobs now.
Speaker 2 (05:10):
With a lot of people. It's less than five percent.
Speaker 1 (05:13):
Of their company. But on all that news, they're up
in the pre market over sixteen percent because they're earnings
is stuff.
Speaker 2 (05:20):
They have twelve percent increase in revenues, so yeah, it's only.
Speaker 3 (05:23):
A five percent only what'd you say, less than five
percent of their workforce, But it's four thousand people who
won't have the same amount of money to spend that
they had, you know, three weeks ago.
Speaker 2 (05:36):
But they are offering some training to day.
Speaker 1 (05:38):
But you're right. Just like I don't want a data
center in my backyard, I don't want to be one
of the four thousand either.
Speaker 3 (05:44):
Yeah, you got that right. All right, Tomorrow's Friday. Hopefully
we'll finish the week off with some good numbers. I
guess we'll find out tomorrow at six thirty five. If
you need to reach Tim before then, four one nine
eight two four thirty three hundred MW atwetroadvisors dot com,
also on LinkedIn and on Facebook. Advisory services offered through
(06:09):
Capital Investment Advisory Services LLC. Securities are offered through Capital
Investment Group, a member of FINRA SIPC
But I'm fantastic it's Mini Friday.
Speaker 2 (00:03):
Yeah, it's gonna be sunny out it is, and if
it wasn't.
Speaker 3 (00:07):
For the rain tomorrow, it would actually be a pretty
decent day tomorrow because it's supposed to be in the seventies.
Speaker 2 (00:13):
You know, we need more rain.
Speaker 1 (00:16):
Yeah, well you might need more rain.
Speaker 3 (00:18):
I need to get out of my bike and ride
around from all right, So listen the headline a little
bit worried about big tech and the oil prices and
the uncertainty. Again big tech, some of them did pretty
good yesterday actually, and brought a couple of the markets up.
Oil prices haven't changed. And I just now, actually just
(00:39):
before I answered the phone, read a story that another
Iranian ship or another tanker has been seized by you
around this one off the ghost off the coast of
the UAE. So oil prices are going to be in
flux again. What happened yesterday, I know some of it
was pretty good news.
Speaker 1 (01:01):
Yeah, let's start with the looking at the economic news.
The PPI producer price indecks came out yesterday, came.
Speaker 2 (01:09):
Out a little higher than what expected.
Speaker 1 (01:11):
They it was at three point seven. It came in
at four point four. So normally that.
Speaker 2 (01:16):
Kind of news is gonna say, okay, inplation's coming because
that's how.
Speaker 1 (01:18):
The producers are buying it. They're going to pass it on,
which we had.
Speaker 2 (01:20):
The day before, and that increased the consumer.
Speaker 1 (01:23):
Price index, but it didn't didn't move a lot in
the market. We had the Dow only down sixty seven points,
which is point one four percent. For the five days
it is all point four to four. But the pre
market this morning is pushing up.
Speaker 2 (01:38):
P five hundred though, is up.
Speaker 1 (01:40):
Forty three point twenty nine points, which is a little
over a half percent. It's five days up a little
over one percent, and it's pushing up this morning. Per market.
Same thing with the Naza going up. It was up
three hundred and fourteen bread, which.
Speaker 2 (01:53):
Is one point two percent.
Speaker 1 (01:54):
It's five days up two point one eight. So let's
take a look. You mentioned tech. That's what's drive the
market right now. If you look at the S and
P five hundred we've talked about, it has eleven sectors.
And we know if this years ago we go, oh,
we compete with the S ANDP. You know, people used
to ask that. Right now the S and P five
hundred between communications and Technology, which communications has a lot
(02:16):
of tech in it too that you would think like
Meta just name one there. They make up forty seven
point nine to two of the S and P. Wow,
when they have a good day or a bad day,
that can move the S and P five hundred. The
stocks that moved yesterday, we had Navidia two point three.
Semiconductors moved to eleven point one. Micro Technology was up
(02:37):
four point eight. But here's a big tech company I
want to talk about. So on. We used to talk
about years ago Ford Board.
Speaker 2 (02:46):
It was it was leading the way.
Speaker 1 (02:49):
And the S and P at thirteen point one eight
percent up yesterday, I.
Speaker 2 (02:53):
Like like a Ford. Uh you know, we used to
talk always about.
Speaker 1 (02:57):
These big company. I thinking, why in the world is
Ford moving up? And it has to do with they
came out yesterday served as Morgan Stanley gets bullish on
energy storage business.
Speaker 2 (03:10):
They're gonna take on they say Tesla's.
Speaker 1 (03:12):
And when you say energy business and storage of energy,
we're talking about botteries. Okay, so they're gonna go down
kentucking one of their plans of work on getting it
to hold more energy or at least having some energy
storage out there.
Speaker 2 (03:27):
So to be determined. But that's why the stock moved
yesterday because of this uh moving forward on the energy storage.
Speaker 1 (03:34):
So I thought that was I thought that was very
very interesting. If we look at the barrel of oil,
You're right, I need you know, we need the barrel
of oil to.
Speaker 2 (03:41):
Go up, like we need more rain here in Ohio.
Speaker 1 (03:44):
It's at a little over one hundred dollars right now.
Speaker 2 (03:46):
Brent's up one hundred and five point eight nine, diesels.
Speaker 1 (03:50):
Holding it five thousand and sixty six.
Speaker 2 (03:51):
Cents the Ohio average, even though I've.
Speaker 1 (03:53):
Seen it at four fifty nine. The Ohio average is
at four thousand and sixty two cents right now. But yes,
we use little relief because that's effecting what we talked
about on that PPI that jumped. You're a four point four.
Speaker 3 (04:06):
And even taking off that federal tax at least would
be a little bit of a relief. I understand the
federal government would lose quite a bit, and they're they're
gonna obviously look for ways to make it up, but
it would give you a little bit. But with the
diesel price remaining high, as you've pointed out numerous times,
everything travels using diesel fuel and so they got to
(04:29):
pass that along. And you guess who get passed along
to that would be us.
Speaker 2 (04:34):
And remember too, once you get these prices up a
little more, just like the lass and when it was
up around nine a few years ago in place, it
was hitting as hard.
Speaker 1 (04:41):
Did those prices come down, Fred when you go to
the grocer, I mean some of them did, but they.
Speaker 2 (04:46):
Get you buying it.
Speaker 1 (04:47):
You're there, Yeah, you know, the majority of gotting.
Speaker 3 (04:51):
And we read yesterday tomatoes went up forty percent this year. Yeah,
they won't be taking that down anytime soon.
Speaker 1 (05:00):
Go ahead, and we had. Cisco came out with their
earnings yesterday after the bell. They beat on both sides.
Speaker 2 (05:06):
They also announced that they're gonna cut.
Speaker 1 (05:09):
Four thousand jobs now.
Speaker 2 (05:10):
With a lot of people. It's less than five percent.
Speaker 1 (05:13):
Of their company. But on all that news, they're up
in the pre market over sixteen percent because they're earnings
is stuff.
Speaker 2 (05:20):
They have twelve percent increase in revenues, so yeah, it's only.
Speaker 3 (05:23):
A five percent only what'd you say, less than five
percent of their workforce, But it's four thousand people who
won't have the same amount of money to spend that
they had, you know, three weeks ago.
Speaker 2 (05:36):
But they are offering some training to day.
Speaker 1 (05:38):
But you're right. Just like I don't want a data
center in my backyard, I don't want to be one
of the four thousand either.
Speaker 3 (05:44):
Yeah, you got that right. All right, Tomorrow's Friday. Hopefully
we'll finish the week off with some good numbers. I
guess we'll find out tomorrow at six thirty five. If
you need to reach Tim before then, four one nine
eight two four thirty three hundred MW atwetroadvisors dot com,
also on LinkedIn and on Facebook. Advisory services offered through
(06:09):
Capital Investment Advisory Services LLC. Securities are offered through Capital
Investment Group, a member of FINRA SIPC
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