May 19, 2026 • 7 mins
A wild day of swings on Wall Street yesterday Tim with details
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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 bred. It's Tuesday.
Speaker 2 (00:04):
I'm fantastic because we have Monday behind us. We're into
the week now.
Speaker 1 (00:09):
That's a good thing about Tuesday.
Speaker 3 (00:11):
Monday is behind us and we trow Wednesday is right
over there.
Speaker 1 (00:15):
I can see it coming over the horizon.
Speaker 3 (00:17):
The only problem is the stock market doesn't want to
cooperate in making this a good week. Oil prices we're
swinging like crazy yesterday like a like a pair of
those things hanging off the back of a pickup truck.
Speaker 1 (00:30):
And stocks did the same thing.
Speaker 3 (00:32):
All the stocks did the same thing all daylight.
Speaker 2 (00:37):
Yes, it's it's swinging up and down there you go swiveling,
and it's yo yo. And we're about where we started yesterday.
Speaker 1 (00:47):
Are we really? How did we end up? What happened yesterday?
Speaker 2 (00:50):
Well, you had to dow up one hundred and fifty nine,
almost one hundred and sixty points, which is point three
to two. You know, I like it in the grease move,
but I'll take it one hundred again, yo, yod all over.
It was ended up minus five point four five verry flat,
which is point zero seven negative. Uh nazac off one
hundred and thirty four points, which is a little over
(01:12):
a half percent to the negative. Right now, the futures
are pointing down, but again you're probably gonna get more
yo yoing. We're watching the the interest rates on the treasure,
on the tenure and the two year, and they're about
where they were yesterday ten years, sitting at four point
six zero two. You're sitting at four point zero seven.
But you know, oil came down a little bit just
(01:36):
to hear this morning from yesterday, but it puts it
right back to where we were yesterday because it went
up and down and because the President said, well, we're
gonna hold off on bombing because there was talks of
doing another you know, going in bombing, so we're hesitating
on that again and that just leaves us right where
they were. You know, we have earnings coming out because
I know you're gonna ask about that. We're watching mainly
(01:58):
tomorrow and it comes out target lows TJ Max.
Speaker 1 (02:03):
We're gonna held good, good chuck.
Speaker 2 (02:06):
Of reports and we know in videos it's the doling
of the tech industry, so we're going to see how
they're doing. And that's that can have market movements because
it's we're looking at you know, a trillion, three trillion
dollars or huge company. Let's say it like.
Speaker 1 (02:20):
That a stock market at this point, isn't it.
Speaker 2 (02:25):
Yeah, it's the King Kong.
Speaker 1 (02:26):
Yeah, and it can move.
Speaker 2 (02:27):
Markets being that big. Just like when I tell you
the S and P five hundred. Uh. It has eleven sectors,
but two of them make up about forty two to
forty three percent of it, and that's communications and technology,
which communications has you know, meta and it still has
a tech in it. So it's just dragging that index
along even though there's five hundred companies in it. So
(02:47):
you really have to break things down to see how
things are moving when we get through a day, and
like I always say, open the hood and take a
peek inside. Yesterday we didn't really have very many economic reports.
We have home builders out it was real higher than
they expected, expected thirty four, it came in at thirty seven.
But today we have penning home sales coming out, so
(03:09):
we'll see if anything is you know, you know, heating
up a little bit. Interest rates, you know, now we're
watching them possibly go up a little bit, and we
were hoping they're going to come down, which kind of
leaves us Yeah, we're going yo, going.
Speaker 1 (03:24):
Yeah, and everything that's tied. Everything is tied together.
Speaker 3 (03:28):
Interest rates will go up if they if they go up,
then the home sales will slow down. But the people
in their homes will want to stay in their homes
and repair them and renovate them. So stocks and home
depot and places like that will go up, and the
price of lumber and plumbing supplies.
Speaker 1 (03:45):
And et cetera. It's it's it's all tied.
Speaker 3 (03:49):
Seriously, it's it's all tied together. And people just sometimes
they just don't realize that if they look at just the.
Speaker 1 (03:54):
Numbers, where are we at? Then overall all told, what
did we where? Who fell and who rose?
Speaker 2 (04:02):
Yesterday, well, we had Regeneron Pharmaceutical dropped nine point eight,
but after recurring they were saying, we have a report
discouraging data. They had to report it that the trial
for the treatment for melanoma wasn't going as expected, so
they took a down of nine point eight percent. Nextra
Energy fell four point six, but that's after they're agreeing
(04:24):
to buy Dominion Energy and an all stock deal. Minion
rallied because of that right that rallied Dominion by nine point.
Speaker 1 (04:33):
Four, so it can be.
Speaker 3 (04:36):
They supply electricity to just about all of the East Coast.
They'll be the largest electric utility.
Speaker 2 (04:43):
Yes, the largest regulated, largest regulated electric utility by market value.
It's amazing. That's the airlines finished essentially flat after swinging
up and down. Boston Scientific was another winner, climbed six
point two percent. It says that out of the five
billion they're going to use to buy back stock they're
(05:04):
gonna have, they're gonna take two of it and and
start to have that in it are buying back by
end of June. So that's uh, that'll help their stock possibly.
But again we have Home debo came out this morning.
It beat on both sides to that increase by five percent,
but their forecast is it could be a little slower
based on inflation. And then Walmart will come out and
(05:27):
Target will come out, and we'll see some of these companies.
And of course we're watching the video. Yeah you're talking
so Soul Security, Yes, log into s s A dot
back gets sold. Security statements take. Yes, you look at
your paycheck. If you're contributing, you're given six point two.
The employer is given six point two. So that's what
you're putting in Uh, if you're contributing to soul security.
(05:48):
But yeah, it's always interesting to go out and look
at that. And we work with people. That's what we
tell them to do to bring that in.
Speaker 1 (05:52):
And yeah, it's funny.
Speaker 3 (05:53):
I did it while the Break, while the Break was running,
because I thought I remembered.
Speaker 1 (05:58):
I never remember the numbers, but I know it was
about half.
Speaker 3 (06:02):
So in nineteen seventy six, while I was still working
in grocery.
Speaker 1 (06:08):
Students up, I know it goes back way.
Speaker 3 (06:11):
So I was twenty five in nineteen seventy six, I
was making over twelve thousand dollars a year. Now, that
doesn't sound like a lot in today's world, but back then,
twelve thousand dollars a year was, you know, good enough
to afford car.
Speaker 1 (06:27):
Payments and you know everything I needed.
Speaker 2 (06:30):
World.
Speaker 1 (06:31):
Yeah, different world.
Speaker 4 (06:32):
Then the following year, following year, the year I got
at the radio, my numbers go from twelve thousand plus
a year to five thousand plus a year.
Speaker 1 (06:44):
I took that much of a pay cut.
Speaker 2 (06:47):
I really like being on the radio.
Speaker 3 (06:48):
I took that much of a pay cut to get
into I don't know what the hell I was staking.
Speaker 2 (06:55):
It tells the true story Freddy, do what you love
to do, and look how long you've been doing it
and never woke at.
Speaker 3 (07:00):
Today and fantastic and I'm back to twelve thousand dollars
a year.
Speaker 2 (07:07):
So you're going in the right direction.
Speaker 3 (07:10):
Tomorrow's we We Throw Wednesday.
Speaker 1 (07:14):
If you need to reach.
Speaker 3 (07:15):
Tim before then four one nine eight two four thirty
three hundred, Tim w at we trowadvisories, dot Com, Facebook
and LinkedIn. Also advisory services are offered through Capital Investment
Advisory Services LLC. Securities are offered through Capital Investment Group,
a member of FINRA, s I p C
How are you, mister wheatrow bred. It's Tuesday.
Speaker 2 (00:04):
I'm fantastic because we have Monday behind us. We're into
the week now.
Speaker 1 (00:09):
That's a good thing about Tuesday.
Speaker 3 (00:11):
Monday is behind us and we trow Wednesday is right
over there.
Speaker 1 (00:15):
I can see it coming over the horizon.
Speaker 3 (00:17):
The only problem is the stock market doesn't want to
cooperate in making this a good week. Oil prices we're
swinging like crazy yesterday like a like a pair of
those things hanging off the back of a pickup truck.
Speaker 1 (00:30):
And stocks did the same thing.
Speaker 3 (00:32):
All the stocks did the same thing all daylight.
Speaker 2 (00:37):
Yes, it's it's swinging up and down there you go swiveling,
and it's yo yo. And we're about where we started yesterday.
Speaker 1 (00:47):
Are we really? How did we end up? What happened yesterday?
Speaker 2 (00:50):
Well, you had to dow up one hundred and fifty nine,
almost one hundred and sixty points, which is point three
to two. You know, I like it in the grease move,
but I'll take it one hundred again, yo, yod all over.
It was ended up minus five point four five verry flat,
which is point zero seven negative. Uh nazac off one
hundred and thirty four points, which is a little over
(01:12):
a half percent to the negative. Right now, the futures
are pointing down, but again you're probably gonna get more
yo yoing. We're watching the the interest rates on the treasure,
on the tenure and the two year, and they're about
where they were yesterday ten years, sitting at four point
six zero two. You're sitting at four point zero seven.
But you know, oil came down a little bit just
(01:36):
to hear this morning from yesterday, but it puts it
right back to where we were yesterday because it went
up and down and because the President said, well, we're
gonna hold off on bombing because there was talks of
doing another you know, going in bombing, so we're hesitating
on that again and that just leaves us right where
they were. You know, we have earnings coming out because
I know you're gonna ask about that. We're watching mainly
(01:58):
tomorrow and it comes out target lows TJ Max.
Speaker 1 (02:03):
We're gonna held good, good chuck.
Speaker 2 (02:06):
Of reports and we know in videos it's the doling
of the tech industry, so we're going to see how
they're doing. And that's that can have market movements because
it's we're looking at you know, a trillion, three trillion
dollars or huge company. Let's say it like.
Speaker 1 (02:20):
That a stock market at this point, isn't it.
Speaker 2 (02:25):
Yeah, it's the King Kong.
Speaker 1 (02:26):
Yeah, and it can move.
Speaker 2 (02:27):
Markets being that big. Just like when I tell you
the S and P five hundred. Uh. It has eleven sectors,
but two of them make up about forty two to
forty three percent of it, and that's communications and technology,
which communications has you know, meta and it still has
a tech in it. So it's just dragging that index
along even though there's five hundred companies in it. So
(02:47):
you really have to break things down to see how
things are moving when we get through a day, and
like I always say, open the hood and take a
peek inside. Yesterday we didn't really have very many economic reports.
We have home builders out it was real higher than
they expected, expected thirty four, it came in at thirty seven.
But today we have penning home sales coming out, so
(03:09):
we'll see if anything is you know, you know, heating
up a little bit. Interest rates, you know, now we're
watching them possibly go up a little bit, and we
were hoping they're going to come down, which kind of
leaves us Yeah, we're going yo, going.
Speaker 1 (03:24):
Yeah, and everything that's tied. Everything is tied together.
Speaker 3 (03:28):
Interest rates will go up if they if they go up,
then the home sales will slow down. But the people
in their homes will want to stay in their homes
and repair them and renovate them. So stocks and home
depot and places like that will go up, and the
price of lumber and plumbing supplies.
Speaker 1 (03:45):
And et cetera. It's it's it's all tied.
Speaker 3 (03:49):
Seriously, it's it's all tied together. And people just sometimes
they just don't realize that if they look at just the.
Speaker 1 (03:54):
Numbers, where are we at? Then overall all told, what
did we where? Who fell and who rose?
Speaker 2 (04:02):
Yesterday, well, we had Regeneron Pharmaceutical dropped nine point eight,
but after recurring they were saying, we have a report
discouraging data. They had to report it that the trial
for the treatment for melanoma wasn't going as expected, so
they took a down of nine point eight percent. Nextra
Energy fell four point six, but that's after they're agreeing
(04:24):
to buy Dominion Energy and an all stock deal. Minion
rallied because of that right that rallied Dominion by nine point.
Speaker 1 (04:33):
Four, so it can be.
Speaker 3 (04:36):
They supply electricity to just about all of the East Coast.
They'll be the largest electric utility.
Speaker 2 (04:43):
Yes, the largest regulated, largest regulated electric utility by market value.
It's amazing. That's the airlines finished essentially flat after swinging
up and down. Boston Scientific was another winner, climbed six
point two percent. It says that out of the five
billion they're going to use to buy back stock they're
(05:04):
gonna have, they're gonna take two of it and and
start to have that in it are buying back by
end of June. So that's uh, that'll help their stock possibly.
But again we have Home debo came out this morning.
It beat on both sides to that increase by five percent,
but their forecast is it could be a little slower
based on inflation. And then Walmart will come out and
(05:27):
Target will come out, and we'll see some of these companies.
And of course we're watching the video. Yeah you're talking
so Soul Security, Yes, log into s s A dot
back gets sold. Security statements take. Yes, you look at
your paycheck. If you're contributing, you're given six point two.
The employer is given six point two. So that's what
you're putting in Uh, if you're contributing to soul security.
(05:48):
But yeah, it's always interesting to go out and look
at that. And we work with people. That's what we
tell them to do to bring that in.
Speaker 1 (05:52):
And yeah, it's funny.
Speaker 3 (05:53):
I did it while the Break, while the Break was running,
because I thought I remembered.
Speaker 1 (05:58):
I never remember the numbers, but I know it was
about half.
Speaker 3 (06:02):
So in nineteen seventy six, while I was still working
in grocery.
Speaker 1 (06:08):
Students up, I know it goes back way.
Speaker 3 (06:11):
So I was twenty five in nineteen seventy six, I
was making over twelve thousand dollars a year. Now, that
doesn't sound like a lot in today's world, but back then,
twelve thousand dollars a year was, you know, good enough
to afford car.
Speaker 1 (06:27):
Payments and you know everything I needed.
Speaker 2 (06:30):
World.
Speaker 1 (06:31):
Yeah, different world.
Speaker 4 (06:32):
Then the following year, following year, the year I got
at the radio, my numbers go from twelve thousand plus
a year to five thousand plus a year.
Speaker 1 (06:44):
I took that much of a pay cut.
Speaker 2 (06:47):
I really like being on the radio.
Speaker 3 (06:48):
I took that much of a pay cut to get
into I don't know what the hell I was staking.
Speaker 2 (06:55):
It tells the true story Freddy, do what you love
to do, and look how long you've been doing it
and never woke at.
Speaker 3 (07:00):
Today and fantastic and I'm back to twelve thousand dollars
a year.
Speaker 2 (07:07):
So you're going in the right direction.
Speaker 3 (07:10):
Tomorrow's we We Throw Wednesday.
Speaker 1 (07:14):
If you need to reach.
Speaker 3 (07:15):
Tim before then four one nine eight two four thirty
three hundred, Tim w at we trowadvisories, dot Com, Facebook
and LinkedIn. Also advisory services are offered through Capital Investment
Advisory Services LLC. Securities are offered through Capital Investment Group,
a member of FINRA, s I p C
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