35 Burst results for "Fifty Two Week"
Randomized Trial of C5a Receptor Inhibitor Avacopan Shows Promise in ANCA-Associated Vasculitis
"C five a receptor inhibitor. Of copan is being studied for the treatment of anti neutral fill. Side of plasma antibody anca associated vascular itis in the advocate randomized trial. Three hundred thirty one patients with anca associated vascular litis were assigned to receive oral evacuate pan at dose of thirty milligrams twice daily or oral prednisone on a tapering schedule. All the patients received cyclophosphamide followed by as thia prynne or toxic. Map remission at week. Twenty six the first primary endpoint was observed in seventy two point. Three percent of patients receiving vacco pan and in seventy point one percent of patients receiving prednisone own sustained remission at week fifty. Two the second primary endpoint was observed in sixty five point. Seven percent of patients receiving vacco pen and in fifty four point. Nine percent of patients receiving prednisone serious adverse events excluding worsening vascular. Lettuce occurred in thirty seven point. Three percent of the patients receiving a vacuum pan and thirty nine percent of those receiving prednisone in this trial involving patients with anca associated vascular. Itis a vacco pen was non inferior but not superior to prednisone taper with respect to remission at week twenty six and was superior to prednisone taper with respect to sustain remission at week fifty two the safety and clinical effects of vacco pan beyond fifty. Two weeks were not addressed in the trial in an editorial kenneth warrington from mayo clinic. College of medicine and science rochester. Minnesota writes that. The advocate trial heralds a change in treatment of anca associated vascular lightest that was previously unthinkable. The possibility of inducing disease remission without glucocorticoid however all patients in this trial did receive a brief course of glucocorticoid during the screening phase or early in the trial. As press own was being tapered off and discontinued and also could receive glucocorticoid as rescue medication. An innovative aspect of the advocate trial was the use of a glucocorticoid toxicity index. That captures common glucocorticoid related. Toxic effects including change in body weight glucose tolerance blood pressure lipids myopathy neuro psychiatric features and infection
The Battle of Wall Street
"Aim retailer game. Stop has been having quite the week on wall street. Thousands of small investors were buying up stock and driving up the market value of the company. These investors were gathering in places like the wall street bet sub reddit and targeting shortsellers by buying with calling meam stocks while game stop was a current beneficiary of this plan. Other companies like blackberry and. Amc have also been brought up. Sending shares soaring the ups and downs continued even as some trading sites and apps had restricted transactions of and. Amc robin hood. Which is a popular investor. App prevented customers from purchasing more shares of a lot of companies but because of the backlash they're allowing limited buys now for more on the crazy week. That game stop has been having on wall street will speak to james sarah wicky columnists for the online business magazine. Marker just see provide some context that game. Stop fifty two week. Low was to fifty seven cents. So you can do the math there. Perhaps even more mazing ingley gauged up ended. Twenty twenty. I think the stock was at eighteen. Eighty four. so that means is I think around nineteen hundred percent this month and gain has come in the last in the last week it really kinda exploded beginning last friday so as you said the core of the community that has kind of driven. The stock upward is centered on a sub. Reddit called wall street debt which is actually a huge it so it. Now i think has more than two million subscribers. Obviously it's got a lot more subscribers this started but even before that it was it was very big and it's a very sort of read it like community. It's a point of people talking to each other telling jokes making fun and one of the kind of stock that they've been very interested and over the last. Let's say six months to a year. They've tended to focus on chief stocks so stuff that oftentimes the price and the single digits but that they have relatively small overall market capitalizations and then oftentimes stocks. That are being down stocks that you could theoretically make a lot of money. And if they sort. Of rebound i mean. They're obviously interested in tesla and the some of the more hype stocks. And they're buying like blackberry and amc movie theaters which there have been suffering throughout the pandemic. So these are just some of the other ones that they've been getting in on his well exactly and so idea means of mean. Stock is pretty new. I think the term really only emerged less than a couple years ago. And i started off left summer when we saw some really crazy movements in hertz. Which even though. It was bankrupt. Suddenly site stock skyrocket last summer and then kodak with another example. I don't know if you remember. But there was this sort of weird moment when i honestly can't even remember the details of the story but there was this news that kodak was somehow going to be involved in making cova drugs and sex talk when sorta spike as well and the mean. Nothing really started to take off in sort of the end of twenty twenty. And now obviously this month is really when it sorta come into. Its own as you said he didn't stop is by far the most prominent of them because of just how crazy the action in that stock has been. There are now a host of other ones. So as you said. Amc theaters which today was up three hundred percent blackberry which was up like thirty percent today. Which money by these standards is a tiny game but if you think about thirty percent that's pretty huge nokia so a lot of these things so the key to this story i think is that what's happening in me. Stocks and. let's talk about game stuff the keys that what's happening is it's not like a kind of traditional stock market bubble where people are just kinda rushing in to buy stocks because they see other people that are buying them and they think oh. Those stocks are going to go up or they think i'll be able to dump the stock on a greater fool or they become sort of hypnotized by the promise of the internet like happened in the late. Nineteen nineties or there have been many little bubbles in wall street history. My favorite one is in the early nineteen sixties. Investors became convinced that every american was going to end up going bowling like three or four times a week and so there was this huge in bowling stocks. This is very different from that. What happened on this. It on the sub reddit was that people recognize. That game was not just very cheap and had a relatively small flow in other words. There aren't that many shares outstanding but they also realize that a huge percentage of that float so by some accounts all of the shares plus them. We're being sold short by shortsellers. So short sellers were basically betting the game stops stock was going to continue to fall. And the reason that's important is that when a stock starts rising sharply if it's been heavily. Shorted what oftentimes will happen. Is that short. Sellers will have to buy the stock back in order to the phrase on wall. Street is cover their shorts. 'cause they don't necessarily want to keep their short as that stock. He's rising because if they do every dollar rises another dollar they've lost and so if shortsellers can't take the pain they buy the stock well when shortsellers vice stock that obviously helps push the price higher so if there are more people shorting higher above them. Who maybe don't you know that sends the price higher that there are four shortsellers were getting pain inflicted. They say okay. I can't take the pain. They buy the stock
Don't Count Out Kacper Zuk
"Zouk. I mean you look at his effectiveness against graduates. Made seventy percent of his first serves was twenty seven of thirty on first-serve points in the match nine of thirteen on second serve points so again. He's thirty six of forty three only lost seven points on serve throughout the duration of the entire match. That's freaking nuts and look casper soup another guy who only six feet tall but very alejandro davidovich fokina e davi go fanny in his athleticism. The word that comes to mind is just spring. He's a good athlete. He's gonna track down that extra ball in the corner. He the ball is going to explode off of his strings. His first serve is absolutely a weapon. You look for casper zouk over his last fifty two weeks. This is a guy who has had a ton of success onto or you look overall. Where's he at. In terms of his record. Casper zouk thirty three and nine in his last fifty two weeks onto or now you expand that to twenty nineteen he seventy and twenty eight overall in his last two seasons seven itf titles in eight total finals. Of course unlike Evan furnace looked for casper. Zoo he already has a semi-final at a challenger level under his belt made the semifinals. in calgary. last year he knocked off asheq pospisil in three sets. We all know when onto have a very successful. Indoor hardcourt season was in the midst. I should say of a very successful indoor hardcourt season when he lost that match in calgary but yeah for zouk seven titles in eight finals like everyone gets angry because fa doesn't win enough in finals. Casper's zook is winning and finals and again nine tara. Seven ten in his career and challenger matches. That's not great but it's not horrible.
Zoom sales more than quadruple again, but stock still drops
"Third quarter results resume video. Were better than expected. Guidance for the fourth quarter was not what wall street wanted to hear. And maybe wall street's getting a little greedy because if i'm not mistaken video projected revenue growth for the fourth quarter at north of three hundred twenty percent. And that's a little the slowing growth. That is at least for the day while not a death knell for zoom video but the stock is sold off about thirteen percent today yes far from a death knell. I would say so the fifty two week low for the stock which you can imagine was Roughly twelve months ago Sixty two dollars. High five eighty eight So back to four twelve. It's really about the same level. It was right after the Second quarter fiscal second quarter report that it gave three months ago and the stock moved way up to this level today. It's moving down a bit back to the level i think it's basically confirmation that the The floor underneath stock is very very very secure or the floor under the company. The ceiling e gets reduced as You know the the vaccine news comes in better There's been a lot of that lately and that puts a little bit of a cap on on the very near term story of zoom And if people get to go back to their old lives either eventually or sooner than eventually That takes a little bit of the helium out of the zoom stock. But you know it's it's it's still a pretty richly valued stock it is richly valued
Mavericks & Legends: Eleanor of Aquitaine
"Legend was one of the wealthiest and most powerful women in Europe. During the Middle Ages known for her extraordinary beauty and brilliance. She was a leader who wielded significant influence over everything from art and literature to politics and the perception of women. She was queen of both France and England and built a long legacy through advantageous marriages for her many children. She was a role model for future. Female leaders please welcome. Eleanor of Aquitaine. Eleanor was likely born in the year. Eleven twenty two to William the Tenth Duke of Aquitaine and his wife Elinor was the oldest of the couple's three children medieval aquitaine was a huge fiefdom located in the western central and southern areas of present France to the south of the Laura River. It was renowned for its wealth and influence and for being an enlightened capital of culture and. Learning Eleanor's father a lover of literature and the arts ensure that all of his children received the best cultural and academic educations available. Eleanor was fluent in multiple. Languages learnt math astronomy in history and was adept at sports such as Falconry and chess. When Eleanor was eight her mother and younger brother died seven years later. Eleven thirty seven her father died of dysentery. While on a pilgrimage. On his deathbed Williams last act was to do everything he could to protect. Eleanor and her inheritance of Aquitaine. He ordered his men to rush to the court of King. Louis the six the France to ask for protection for his daughter until a marriage could be arranged he also asks Louis to find an appropriate match. Louis was all too delighted to choose his own son. Louis the seventh were married a few months later. Eleanor and Louis. The seventh a match. She was renowned beauty and intellect well-versed in politics and well traveled. He was incredibly sheltered for an heir to the throne and was generally a quiet man for most of his life. Bluey was not the air and was never trained in the skills necessary to rule. It had been expected that he'd go into the Church so we spent most of his early life in monasteries. That changed when his older brothers suddenly died and Louis was thrust into the spotlight from the start. Their relationship. Louis was submissive. To and reliant upon eleanor when he accepted the task of leading the second crusade. Eleanor made it clear that she was coming along. It's not surprising given Louise Limited leadership skills and existent travel experience that the crusade was not a success. Eleanor is famously. Recorded by medieval historians treating the trip more as a big adventure than a serious endeavor brought more than three hundred ladies in waiting with an accompanying baggage train spanned miles still the same historians. Note that eleanor was a better leader and more respected than her Mika's even though the crusade was a series of misadventures eleanor managed to increase her social capital during the trip while Louis was continually marginalized by the time they reached. Antonio Louis was resentful of his wife. Eleanor asked for an annulment and Louis agreed ending their marriage upon their return to France and eleven fifty two weeks after ending her first marriage. Eleanor married Henry Duke of Normandy and Future King of England. The two ascended to the throne two years later in eleven fifty four it was a tempestuous marriage. Unlike her first husband Henry was not easily controlled by eleanor. The more she tried to control him the more he fought back by having affairs. He also disapproved eleanor surrounding herself with musicians and poets. Still Henry and eleanor did have eight children together. On whom eleanor focused. Most of her attention. She was well aware that she could eventually wield much more power through her children around eleven. Seventy Eleanor left her husband and moved back to her family home in. Potier taking her favorite son Richard and daughter Marie with her in eleven. Seventy three eleanor's oldest son Henry. The young king started a rebellion against his father. King Henry was soon joined by a number of his brothers. The rebellion lasted a year. And a half before it was finally crushed some believe that eleanor who had publicly supported her sons had actually instigated the revolt as a result. King Henry had eleanor imprisoned in eleven. Seventy four. Eleanor STAYED IN CAPTIVITY FOR SIXTEEN YEARS. Until Henry's death in eleven eighty nine. By then Eleanor's oldest son had died so her second oldest Richard the first known to history as Richard. The Lionheart ascended the throne. Eleanor was very close with Richard. Soon after taking the Throne Richard. One off to take part in the third crusade and left. Eleanor in charge. Though she'd been locked away for over a decade it took eleanor no time at all to get back in the swing if things. It wasn't long before she was signing documents and having others address her as eleanor. By the grace of God Queen of England Richard Eventually returned home from the crusade after being kidnapped in Jerusalem and ransomed his mother in eleven ninety nine. Richard was killed in battle while fighting. King Philip of France over territory. He was succeeded by his brother. John upon becoming King John Quickly signed a peace treaty with Philip with peace finally achieved. Eleanor MOVED TO FUND TO ROW. Abbey where she died in twelve o
Farmers are Swimming in Milk, but Can't Get it to Needy Food Banks
"Spilled milk. It has a whole new meaning. These days with restaurants schools and universities closed. Dairy farmers are swimming in millions of gallons of milk. They can no longer sell at the same time. Millions more Americans are hungry. Food banks across the country are seeing dramatic. Spikes in demand is unemployment swells. But they don't have enough food one of the products in short supply. You got it milk. Here's what the mismatch looks like spring the time of year when cows produce the most milk so they have more milk than usual and much less access to their regular customers and even though farmers are donating some milk food banks according to the New York Times they're still dumping about one and a half million gallons daily that's because farmers have been limited in their ability to give away enough milk to prevent the enormous waste time set but couldn't they just give away more milk. The short answer is no and the reason is two pronged for one. Food Banks. Don't have enough refrigerators or volunteers to handle too much milk at once. The other reason is that the cost of transporting and distributing milk is just too high for many farmers produce. Growers and cattle ranchers are having similar problems according to the New York Times not since the Great Depression has so much fresh food been destroyed but these are just the latest struggles facing the dairy industry as we reported in previous episodes. Dairy farmers were in trouble before Kobe. Nineteen in part because Americans. Just don't love cow's milk like we used to instead. We're increasingly turning to alternatives. Soy Almond Banana. Milk are changing. Tastes have real consequences. Just last November. The country's largest dairy supplier dean foods filed for bankruptcy now revenues. A fallen by half again for many dairy farmers. It's a distressing break in the supply chain farmers who can't sell enough milk are suffering and so are millions of people who don't have enough to eat. According to the nation's largest chain of food banks feeding America in normal times about thirty seven million Americans are considered to be food insecure. Now another seventeen million people recently unemployed also need help to avoid hunger at least eleven million of the hungrier children. According to the nonprofit it took several weeks but at least two big grocers are stepping in to help fix the supply chain mismatch last month. Publics began buying excess produce in milk and donating it to feeding America in. Its first two weeks. Public says it purchased and donated one hundred thousand gallons of milk and a million pounds of produce. The LAKELAND Florida grocery chain plans to continue the initiative released several weeks. According to CBS News public efforts are regional so far. The grocer is buying milk from dairy farmers. In the southeast and vegetables from Florida Growers Public's also donated two million dollars to feeding America. According to a statement Kroger America's largest grocery chain soon followed suit. On April Thirtieth Kroger said it would purchase two hundred thousand gallons of surplus milk and donate to feeding America and community food banks. Some might say both grocers can well afford to help in a normal year. Kroger's revenues are well above one hundred billion dollars with everyone. At Home Kroger's sales have surged. Revenues grew thirty percent in March. According to the Texas Observer Kroger's stock is currently close to its fifty two week high public to has been doing well with twenty nineteen sales of thirty eight billion dollars. The company says it sales grew this quarter by about sixteen percent over the same period a year ago with about two thirds of those sales due to all the home cooking. Americans are doing right now. The scale of America's milk problem for both farmers and the unemployed is so massive that the efforts to businesses alone are far from enough. That's something the federal government recently recognized. The Department of Agriculture will begin spending three hundred million dollars a month to buy surplus milk produce and meat from distributors and ship it to food banks. According to The New York Times some states to are getting in on the action for example New York is trying to help its own farmers deal with its huge pools of excess milk. It plans to give food banks twenty five million dollars to purchase products made from the milk. It's also working with food processors like Shabani Hood and Cabot to help them. Turn that milk into yogurt. Cheese and butter. The newspaper reported the fact that Kroger and Publix are redistributing surplus milk to food. Banks may be laudable but the quantities of no faith committed to purchase now to a drop in the bucket victims white question now is whether other businesses step up to help farmers and the hungry
Biotech Pipeline Updates
"We're in the middle of the cove in nineteen pandemic is continuing the escalate in California here. We're doing okay. The shelter in place seems to be Instituted in personally in San Diego we've seen the beaches and parks officially closed so that continues to escalate. But you know I'm doing okay out here things. Aren't that bad. As of now the situation does seem to be getting worse. And we're GONNA talk about that a little bit and I also want to talk about a few pipeline updates that we heard from some pretty cool company. So let's start with that and the first company wants to talk about is cassava sciences ticker symbol. Save A for those. Who Don't know but I did do a video on them. Maybe three or four years ago maybe two months and were waiting for their face to be dated. Come Out and this is a twenty eight day trial with their drug. Pti One to five. That is supposed to change the course of the disease in Alzheimer's patients so will we heard a pipeline update and their CEO said that their clinical program show no signs of slowing down. This is good. I think a lot of people weren't concerned in general all biotech virus. It really does get out of hand and trying about SARS cove to it could really interfere with regular clinical trials. Say Half the patients get the virus and have to undergo treatment for flu. That's not ideal when you're trying to just look at eight control and test groups so anyway related to cassava. Apparently their clinical programs are not slowing down and their fees to be trial completed patient enrollment as well as dosing and this is as a march twenty twenty and they mentioned that there were no safety issues found a good thing and then they also said that the company expects to announce top line results approximately mid year twenty twenty and then they also announced that they're going to initiate a one year open label study of the drug. So if this happens to not work out you know. There is a chance that the drug could affect patients in one year's time in case the Twentieth Day treatment isn't quite enough so the details of the trial. Definitely check out my older video on that. I I took a position in the fives that believe in. I think the companies now trading in the threes so I might add a little bit to the position because I did only start scaling in and really looking forward to seeing this readout here in mid twenty twenty because if it is positive the stock it increased substantially so. That's what I'm betting on here. So let's move on. Dvd TECHNOLOGY TICKER SYMBOL DVD. There a allergy company that is kind of competitor to immune even though some people would not consider them necessarily competitors because one obviously is much less effective than the other so the issue with DVD. Tea Is that their skin patch vice skin product. It is less effective than amiens. Oral immunotherapy of the benefit of that is that there are significantly fewer side effects but the issue is the FDA really wants to see that there is efficacy benefit to patients taking this drug or this therapy in order to improve the product. So we saw that Amien got FDA APPROVAL. Finally and that was nice to see and the concerns. There were that the product does have some side effects associated with it. D- On the other hand does not have many side effects but they do happen to have a lack of advocacy so what happened is the FDA identified questions regarding the efficacy of its biologics license application for vice skin peanut in patients with peanut allergy as a result the allergenic. Products Advisory Committee a PAC meeting to discuss. The bialy will no longer take place as previously scheduled so this led to a big drop in the stock and DVD's struggled off and on dealing with the FDA that's manufacturing issues last year. Maybe year more than that. I don't quite remember but I am concerned. This and I don't think it's worth buying the dip. Necessarily if they're able to show efficacy. It's going to be a real problem now. They do have some data coming out soon. That could show. That product does have more efficacy than their other. Trials showed. So if you're looking for a high risk play could do that. I am interested in space. This oral or skin related allergy desensitization. Keeping my both companies and they have taken a big hit in this recent downturn. We've had someone beekeeping my out on them all right. The next company I want to touch on is Viking Therapeutics. And it's been a long time since I talked about them. They are a company that has been Kinda slow too bad but they might have the best in class drug for Nash. It's a thyroid. Receptor Beta agonists. That does really well in lowering liver fat. So the news that we got is that their board is authorized a stock repurchase program whereby the company can repurchase up to fifty million dollars in stock over two years and this came as the market was really coming down. And I'm Kinda surprised because oftentimes these small biotech companies really struggled to raise cash because stock prices so depressed as it's being sold off for some reason. Viking has decided that it's more important for them to kind of artificially increase the stock price by doing a share buyback so as of December twentieth nineteen. They had two hundred fifty seven point six million dollars in cash. They are presenting data from their twenty eighteen trials at conferences which seems like kind of a waste of resources to me and we've really seen the data digested. I don't know what they think they're gonNA get by presenting that data. It's one thing to kind of present the updated data. But we don't really have much of that so for me. This is kind of a strange move and I would much rather than us that fifty million dollars towards anything else that would either increase the likelihood of their pipeline candidates being developed. Or you know hiring people that are good at developing Nash candidates but instead they're just buying back stock so this is not a very encouraging. Move to me. We're we're still in the midst of this case to be trial and we're waiting for that data but one thing. I wanted to notice that I looked at the clinical trials dot gov symbol for for their trial and it looks like the primary outcome is actually twelve week. Mri Data and analyzing liber fat content. The trial started in November twenty nineteen. So this actually a chance that we could see this data in the next six months or so at least before the under twenty twenty. So I'm Kinda keep in mind that and for that reason. I'm not selling any of the Stock. I have even taken quite a hit in the position. The secondary endpoint for this trial is fifty two week resolution of CFO hepatitis. The histology that's the actual biopsy of liver where they're actually going to be able to score it and evaluate. You know whether or not Nash has been resolved to some capacity given the metrics that the FDA wants them to look at but the endpoint. We're going to see. Is this twelve week. Mri data deliver fat content. And we can be pretty confident. That liver fat is going to go down. The patients in this trial are biopsy confirmed. Nash patients so the Bar is raised a little bit higher than their face to a trial. That was just done using. Nfl D. patients which is a milder form. Before you get to Nash Fatty Liver Disease Problems. So that's where Viking the last company. I WanNa talk to you before we get to. Our highlighted story is excellent therapeutics and we heard that they are accelerating the trial completion for a excess zero five typo there in Alzheimer's Disease Agitation to Q. Two rather than Q. Three Twenty Twenty. I hadn't really talked about the disease agitation trial because I think it's their lesser important one. I'm much more excited about the treatment resistant. Depression read out. That should be happening in the next week or so. And there's also going to be read out for x zero seven in migraine. Those are going to be really big moves for the stock and now we can just add another one in Q. Two we're going to see this Alzheimer's Disease Agitation. Xm Is the ticket for axiom. It's been all over the place throughout this whole downturn in the market and I have taken another position or a kind of double down with what I had because I kind of bought it at the top but I do think that they have a good chance of seeing a positive outlook in t already resistant depression and if it is positive. I think it'll be a big mover for the stock because physicians really struggled to treat already so this would be huge for them. So that's kind of where we're at with axiom and I'm looking forward to the date in the next little
Boeing 737 Max Crisis Cash Crunch Is Compounded by Corona
"This is about Fitch putting Boeing on credit watch negative. And as you take a look at shares of Boeing. Yes they did get a bit of a pop back today. But this is stock. That's still well off of its fifty two week high. When you look at this thing to keep in mind is that fitches saying look you look at the pressure that is being applied to the airlines worldwide right now because of corona virus and because of people canceling flights not booking flights that raises questions about what happens with futures liver deliveries future orders from airlines. It's a pressure point on Boeing's finances in the eyes of Fitch. In fact they go on to say in the report where they put the company on. Credit WATCH NEGATIVE. These concurrent risk could influence the pace of seven three seven. Max Delivery Ramp Up. This is the other issue that they're alluding to that. You've got the Max. It's supposed to be ungrounded by the middle of the year. That's at least the target. Will the delivery start later this year? After the grounding is lifted then fish says this could slow the rate of debt reduction from peak debt levels. Which will be higher than previously expected? And as a result they are keeping a Boeing or putting Boeing on credit. Watch negative as you take a look at shares of Boeing over the last year. Remember that we are on the one year anniversary of the seven three seven. Max being grounded and again the company's target right now they expect they're hoping they're working with the FAA for an grounding by the middle of the year that would set the stage potentially for deliveries to resume. Maybe late three cute three started to four. That's really going to be the catalyst that people are looking for with Boeing. One other note regarding the airlines guys take a look at shares of Delta today. The company said he's going to be cutting its capacity by forty percent in the next few months it was fifteen percent that was the expected cut that they announced on Tuesday so from Tuesday to today. It's gone from fifteen percent to forty percents and one reason. Why huge dropoff in not only bookings but an increase in cancellations. In fact in a note to employee's the CEO at bastion said. They've never seen anything like this before. They have negative net bookings for the next four weeks. This is not just a Delta problem. Guys this is. All AIRLINES ARE CANCELING FLIGHTS. And they're not booking flights and the airlines are trying to conserve cash. I guess that's why I'm confused. When we're about getting the 737 Max back up in the air so quickly we're going to be seeing planes. Taking off is that because the Max is there only seven thirty-seven I mean. That is their option going forward. Even going through this W- you know sort of semi passenger delivering for lack of a better term. They have to also focus on that because that's their future rights global. Look you've got a backlog. It's a strong backlog. Right now. Not just for Boeing but also for Airbus but if you have airlines around the world that are scrambling to conserve cash. And they're looking at going from profitable years to net loss years. What happens with future deliveries now? So far Boeing says look we're working with the airlines. It's early on. We believe that the airlines will be able to work their way through this crisis. But what happens if this extenuating? Let's say out over a couple of months and now you've got airlines that are supposed to take deliveries of certain aircraft minute. We're not talking about the Max we're talking about other wide bodies. Both for Boeing and for Airbus will they be in the financial position then to do this. That's the question for for both Boeing and Airbus. But guys I gotTa Tell You when you talk with. Airline execs the level of drop-off in terms of bookings and and the increase in cancellations. It is stunning. And they're just not seeing the bottom yet. There's no way for them to say yeah. We're confident that come mid-april commit mate. We have a good sense. Of where the bookings will be. Because they're just not seeing it right
S&P 500 tumbles 7%, triggers 15-minute trading halt
"U. S. stocks have dropped fast enough today to halt trading for the second time in a week the S. and P. five hundred plunged seven percent within minutes of the opening bell today triggering another New York Stock Exchange circuit breaker that was last trip on Monday the drop has put the index in a bear market it stopped trading down twenty four point eight percent from the fifty two week high that was reached last month the Dow Jones industrial average plunged as much as seven point two percent in early trading so again once more stock trading has been halted as markets plunge all of the following president trump's coronavirus travel ban there again real world stuff
U.S., global markets plunge as coronavirus cases spike outside China
"Monday February twenty fourth market fully. I'm Chris Sale with me in studio today and I'm just going to point out that this was planned last week. It's not because of what's happening in the market. But that just you know. It's convenient healthcare expert Shannon Jones. Thanks for being here. Hey glad to be here in talk about impeccable timing this plan this any better we could not because as of this moment the S. and p. Five hundred is down about three percent so the Dow Jones Industrial Average as I've said before don't blame the headline writers. Don't blame them. Because it's a lot sexier to say. The Dow is down nine hundred points than it is to say. The Dow was down three percent. But when you walked in this morning and you saw the headlines about the corona virus and the impact it was going to have on the market. What went through your mind. I had a mixed reaction Chris on the one hand. I'm not surprised at some of the headlines. We're seeing so for those who may be unaware. We did see a spike. We actually saw New outbreaks happening new country to talk about South Korea. Italy now Iran even And so I think on one hand surprised but also not surprised because we see this every several years or some outbreak. It's hard to contain. I think though Chris Coming into work today though if I look over the past couple of weeks there was kind of a sense that maybe this is contained just in China. Seems like they have a handle on it but really this weekend. I think you really started to see things change in a lot faster than what we were expecting. So a couple of things going through my mind. One is to my recollection. This is sort of the second spike we've seen in cases The I was localized in China. The second is you said is is these new cases in new countries and the impact on stocks that it's having and not surprisingly you look at the cruise industry and Royal Caribbean region crews carnival. They're all hitting fresh fifty two week lows. That's really shouldn't surprise anyone and I want to get to in a minute. Sort of the the amount of time we think it will take four different industries to rebound but as you said I mean the the new cases I think just to pick. France is one example. The the finance minister from France. Coming out and saying that there's a thirty five percent drop in tourists. And that's the impact that Francis seeing France is a country of sixty seven million people. They have I believe to this point. Only twelve cases reported only one death and yet that alone is enough to see that kind of significant drop and we talk all the time about temperament in investing but just temperament in our everyday lives is human beings. It's like yeah. We're we're emotional beings and so we're not going on that cruise. We'RE NOT GOING TO FRANCE. And that's that's going to have an impact unless you're Warren Buffet. Who WAS ON CNBC TODAY? Really talking about his shareholder letter but talked about the corona virus and of course in true Warren Buffett fashion. I mean he came out and said you know don't invest based on today's headlines of course he's always going to be called a matter what the crisis is and so yeah. I think I think there is. Of course more panic I see happening right now in the markets and I'm not surprised by it and I think even from a humanitarian perspective I mean this is a deadly outbreak that is spreading does not appear to be contained. So I think the kids like to say Chris. This one hits a little bit differently than some of the other outbreaks. I'm thinking of SARS Back in two thousand to two thousand and three I'm thinking of Zieger virus back in two thousand sixteen. I'm an even Ebola. This one just has a lot more uncertainty with it number one because we really still don't know a whole lot about this virus we know it's in a class viruses. I think it's the fifth type of Corona virus that the population But I mean when you're talking about Symptoms. There's some talk even that some people may be asymmetric meaning they show no symptoms. But they're contagious. And that's scary right like if I'm if I'm just a human being that that's scary because now I don't really know how to to wrap my head around it but one interesting thing that I think For me as I look at the situation that makes me a little bit more concerned now with this kind of second wave is if you look at Iran Iran really hasn't had a huge spike in cases. But what you have seen is the rate of death actually go up faster than the rate of infections. And that's interesting Chris because people typically don't die immediately from Corona virus. It takes weeks so the fact that now of setting they have Maybe about eight or nine deaths as of this recording. That's actually going quite faster than the infection rate tells me these are people that were probably sick and didn't even realize they had the corona virus and there was no type of containment so there's probably some under reporting just on the infection side alone in an area like that and of course you know there's a lot of speculation you know is the government they are even able to contain it so. I think I think it's just different this time around than with some of the others
"fifty two week" Discussed on WBZ NewsRadio 1030
"You don't really unless you unless you're in at fifty two weeks a year so the two Janice that I still other than Tatum that I enjoy the most listening to Oscar Peterson Bill Evans not a bad group of Dennis to to bring up and we've talked a lot on the show the years about jazz and I must say I'm gonna have to listen to your music as well and I I think you you have probably a few imitators of of your own out there people who want to certainly be more like Andre Prewitt finally we have a few minutes left the the concerts coming up at the Boston symphony orchestra in October later in the month you may not have everything in your head but I can you give us a brief glimpse into what we might be hearing any specialties that we might want to look for well the one thing that I've obviously I'm most interested in is my violin concerto which with is being planned balance emotions and she and I have to give the world premiere of the piece because it was commissioned by the Boston symphony but now we're coming back and doing it so we can also recorded in in Boston while we're well we're doing the concert it's terrific and you've had what about a fifty year recording career with almost every major label and your career just keeps going and thank god for that is there anything that you haven't done that you'd like to tackle yes there are endless even on record on anything yes of course I mean if you like you couldn't even listed luckily there's so much good music in the world that nobody can ever do at all all you can do this kind of run behind it and see if you can catch up a little more well it's been a great honor to speak with you and we have a lot of fans here certainly they'll be filling Symphony Hall in a few weeks but fans who listen to you on on record on CD yes we do have records still in the old days and I want to thank you very much maestro for joining us thank you very much he is he's BC flashback we live your youth with a host of PZ passed on WBZ Boston radio the move from sedans to SUVs uses slowing a bit of the ship doesn't stop says IHS Markit analyst Tom Libby it's more like water finding its own level it's just a matter of the the industry sort of leveling off some sort of coming to an equilibrium where everybody is sort of okay where they are but he says there have been some dramatic change with truck based products last year making up more than seventy percent of sales can't go on forever and also there are some households that have occurred in the garage that are very very content with the sedan and plan to get another one let me figure sedans will settle in at about twenty two to twenty five percent of the market what the court chronicles I'm Jeff Gilbert CBS news fifty million people listen to podcasts every week ever thought of making one yourself well we've got great news you reimagine.
Deutsche Bank stock soars 14% as investor takes stake
"So I'm looking at Deutsche Bank here stock is up a little more than ten percent today fifty two week high in part because of some news that Deutsche Bank that capital group is taken a three percent stake in Deutsche Bank so Steve errands Bloomberg news from Deutsche a bank from Germany once you don't what does it really mean here for Deutsche Bank had the stock has been so beaten down so what does it really mean for them yeah it's a five minute show it's I think it's I mean the share price says it all it's a big boost for the CEO unveiled a very ambitious turnaround plan last year people at first didn't believe the plan the stock actually had an all time low just in August but for some reason he he's given people more faith in his play in his own performance and to actually unveiled pretty good numbers for a week and that has really boosted to share and the decision by capital group now highlights how investors seemingly take take faith in the plan and a willing to put the money on it the store owner let's be sure folks is not an index fund purchase like vanguard or State Street in the others is an active manager going in is it perceived there Steve almost like a sovereign wealth fund purchase it's certainly something as you said this is a very very sophisticated investor it's an investor that will look at its target for a long time before making a decision we've been told they were actually here in Frankfort on the investor day in December people from capital group and spoke with the CEO and other people of the bank to make sure they're invest would pay pay off the and I think that has happened to them it's the it's a very very well and well thought through death when I think so Steve what is investors believe that Deutsche Bank has to execute on first and best what the house what what they like first of all is that day they've been managing through this deeper structuring without dipping too deeply into the couple questions so capital strength financial strength is better than initially expected and that's a big positive trading which is still one of the two banks traditional strength was impacted less than many people had feared and is now serving shows you can lease them the revenue decline in other parts of the business then you know we may even seem right we'll see what I want to replace also idealised hearing in trouble John Nichols way but I'm gonna cut to the chase does precluded torture bring cash call that's all this comes down to the big fear is David to go back to the well to Qatar and the others to to you know recharge the ballot she is that out of the way now I think that's part of the reasons why people are now willing to commit more money to it because the the less than expected and kapple the regulatory capital means it's now likely to manage to that more likely than before that they will be able to manage to the restructuring without having to ask shareholders for more money and see I guess the other issue out there is is there any type of merger that might be on the horizon for Deutsche Bank well you probably know they went into formal talks with the other German bank Commerzbank last year and that didn't go anywhere sure I'm pretty sure and setting his sights on the record they will not allow the consolidation but I think it's highly unlikely for now but I mean it's pretty close something that seven would like to do one one the bank stronger very good seeders thank you so much greatly appreciated from front for here's capital group Los Angeles dives into a significant position on
GM Stock: Is No. 1 U.S. Automaker A Buy Now?
"Has been on the tip of everyone's tongue lately lately but our Dan Nathan season other auto stop. That is ready to read higher. He's over the plasma for a fast pitch. Dan It's all yours let's talk about. Gm a little bit like as we were just talking about the other other one the The Tesla here. The fever might have broken a little bit. There's obviously a lot of excitement. I mean Kathy would just laid it out excitement about the opportunity Thomas. Obviously Electric vehicles is a big one. But I think to not think about this as it relates to. GM would be a big mistake. The company reported there and they got it for twenty twenty today and miraculously Scott Stock was not down. Its competitor is down nearly ten percent on its outlook here. So after that strike last year the Q.. Four was a bit of a disappointment. I think investors are okay with the Stock Valuation here trading at mid point of the five year range here and they possibly see some upcoming catalysts for this thing. You Obviously Watch Super Bowl. You saw that King. Jane's the goat in the NBA is going to be hocking their Electric vehicle they're Hummer. That's going to be out in May or at least released in May and that that might be a catalyst for the stock going forward and then today the head of their crews unit. That is the autonomous driving unit was talking. We're not some big big numbers about the opportunity. There maybe eight trillion dollar market. For ride hailing autonomous. They have a big stake in crews. That could be a catalyst for this stock going forward and then lastly let's just look at the technicals here. You know to me this thing might set up as a really good trait into the spring especially if we have a stable market. Let's go to the charts. This is the one year charts obviously been in a pretty well defined down trend. It's down about sixteen percent from its fifty two week highs but look at this low last week you can just draw a line make a nice little double bottom there. It's really got a hold that thirty three level level but to my eye you might be able to see a breakout of that downtrend on any decent news going forward and then the last one I just WanNa look at. This is the TRAE This is the chart since it's two thousand and ten re IPO after the financial crisis here. There's the line that's the uptrend you see that. It held it to a tee as my main man Carter would say to the petty to the the Penny. So that's really weird. You WanNa stop this thing out and I'll just mention another thing. If you want to do this you want to look out to the spring. And you want to say that that e- launch could be a big catalyst catalyst for this company. And then maybe some enthusiasm about Tesla flows into some of these competitors are coming into the market. One Way to play this is you could look out to June expiration. The June thirty five calls with the stock at thirty five dollar eighty. That's five percent of the stock price. That is your stop in this thing. So I like this as a define risk trade right here and the stock sets up up pretty nicely. It's fairly cheap. There's some catalysts obviously if we have an economic downturn globally. They're going to sell less cars. This is going to break. That's why I think you defined your risk in this one
Deaths related to binge-drinking on the rise, new studies show
"They are the feds are out with this new report looking at drinking how much drinking is our our Americans doing what is the drinking is leading to a rise in deaths that Americans like to drinking so they put up this report and all over all it says that America has a drinking problem I think we can all agree on that one and they say that each American is drinking just about two point three or two and a half gallons of alcohol a year now this is what the study says that works out to five hundred drinks or about nine a week well as you just pointed out to me that math is completely wrong but let's put that aside for a second Charlie let's talk about what this report is also talking about and the public health concerns as I talk to health leaders about this report and they say this really does point out health concerns let's put the matter aside for a second let's not worry about that let's talk about the report it says more than eighty eight thousand Americans die each year as a result of excessive drinking that number is doubled since nineteen ninety nine so over the last twenty years the number of alcoholic alcohol related deaths has doubled the death rate has risen fifty percent the the female death were paid bath death rate just women jumped eighty five percent you know we we see all these things in pop culture about mom's gonna Wilder we need mommy to that in part these help public health experts are telling me that's part of the rise but they say there's also underlying factors in America plus we're just getting better at and studying drinking in America that's what's in the more information we get the the more accurate these numbers are the highest alcohol at a rate alcohol related death rates for women were among those the ages of fifty five to seventy four which is kind of surprising to me I figured it'd be younger because younger women often do more binge drinking but this is the the the highest rate for deaths were women are fifty five to seventy four and of course the reason that we're all talking about this is because this week marks the one hundredth anniversary since the start of prohibition okay let's take on the federal government for just a second feel free to jump in here charity of you know better so they're saying two point three gallons is the average in a year yes the federal government let's just take it even further let's call it two and a half instead of two point three sure two and a half gallons is three hundred and twenty ounces a small beer is twelve ounces you're right twelve and three hundred and twenty and you're going to come up with twenty six twenty seven beers twenty six twenty seven beers that's not what they say it was something like five hundred drinks in a year yeah they said the math works out to nearly five hundred drinks or about nine a week now it's twenty six twenty seven that's a weekend in my backyard all right let's say you're in you're drinkin whiskey I was shocked I don't bring my with I don't call my whiskey shots like calling give me you know for your two fingers of whiskey but whatever this call it in each lasso whiskey is an ounce that would be three hundred were back at three hundred twenty ounces dads three hundred and twenty shots okay so the numbers also say that in this is that I'm quoting from the the report it says that works out to nearly five hundred drinks for about nine a week so let's take the nine a week number if you do nine a week nine times fifty two weeks is four hundred sixty eight the federal why am I not surprised that they can't do can do math and you want them to do your health care no I don't somebody might bad not me okay once again more evidence that the federal government has no idea what they're
S&P 500, Dow close at record highs, notch fourth straight week of gains
"Management next week is the last full week of the month the quarter the year and a decade and the market in the words of songwriter prince is gonna party like it's nineteen ninety nine the Dow and the S. and P. once again hit all time record highs with the S. and P. topping thirty two hundred for the first time in history and it's not just the tech heavy S. and P. hitting new highs the Russell two thousand small company stocks in mid capitalization stocks also hit new highs for the year while non US stocks in Europe Japan and emerging markets join the party all hitting new fifty two week highs
"fifty two week" Discussed on KTLK 1130 AM
"To fifty two weeks eighty Fifth Avenue also snow removal crews still close in the right lane on fifty five east bound between only five and I we thirteen that's traffic on Twin Cities news talk able at thirty F. M. one oh three point five this board is paid for by doctor patient unity is price medical bills bankrupt Americans Tina Smith stands with doctors to remove patients from billing dispute she demands insurance companies pay their fair share posing their rate setting proposal cover less medical care told Tina Smith thank you and keep fighting from the commission society of Minnesota weather center sunshine this afternoon with a light westerly breeze today high times will reach the low thirties there's guys this evening and remaining breezy with lows tonight in the mid twenties sunny tomorrow with highs in the mid thirties I'm meteorologist Ashley o'connor on Twin Cities news talk eight eleven thirty right now it's thirty four Hey it's true if you've got any sort of back knee or hip pain you need to check out the good feed stores arch support systems they've got locations in Bloomington maple Grove in Maplewood call eight five five five five four three three three eight for your No obligation fitting walk in with pain and walk out within forty minutes pain free find us on your radio at eleven thirty and FM one oh three point five stream on radio and now find us on talk Twin Cities news talk dot com and screenings Julia once again music lovers still singers conversationalist on across the fruited plain and Rush Limbaugh and I do play by play of the news and America's revealed anchorman America's truth detector the doctor of democracy great to have your telephone number eight hundred two eight two two eight eight two only follow up on the on the previous call for my it really is true that MSNBC lost they they went from Rachel Maddow show is nine o'clock primetime after two years of promising that audience the truck was going to jail kicked out of the White House not be impeached he was gonna be criminally charged he was an agent of rushing was a treasonous agent he stole.
"fifty two week" Discussed on Biz Talk Radio
"To the west side of the phone I let me go to John John's going from Texas Hey John hello Dan thank your ministry I been apart for about a year I'm still pretty much a newbie trying to work your system and get into the market up dollar cost averaging in the market now I'm fifty five so I want to work at least till I'm seventy about hopefully longer lord willing do I need to be concerned with how many income stocks are in my portfolio could think back a lot of the one that I purchased lightly are the income stock up so twenty two greatly concerned with that well kind of you know the B. are concerned in the you did a bad thing by I don't I don't I want you with the exception of growth in income stocks so I have some in blue and you'll notice on my on my description it says Gee and I our that's growth in income not concerned with those at all that's great because a lot of those are foundational stocks you gotta have those in there I want you to have them in there so that's fine but the pure income stocks yeah I I want you speak because you're you've got ten years maybe fifteen god willing maybe even longer that you're going to be working I want you to be more growth minded that I want you to be income mind income is good but that's fine but I want you to be growth mind I don't want you to be necessarily too focused on income cell I would rather you look at at mit let me put it this way I would rather you have in all your sectors if you have three stocks in a particular sector I would want to want to be gross and one I'm to be income I wouldn't want to one day be income the one I'm growth I would want to more of the income because I want you to take advantage of one of your one of your greatest assets right now and that it's time time is your greatest asset for everybody and you've got ten to fifteen years that is that is a great asset I want you to take advantage of that by being more in their growth so the growth is going to be sometimes a little bit more volatile and the volatility may be a little bit more dramatic on the downside more a you know a bigger swing down but it will also be a bigger swing up and I want you to take advantage of the growth stocks so yeah I would advise you dollar cost averaging as you start to build I would be looking at those mid cap large cap primarily growth or growth and income stock your income only mid cap large cap growth and income and what about small cap growth because there's a couple of those that I have yeah I'm okay with some of those I'm okay with that but I I would ride your focus be more mid cap large cap okay okay can do that and in one more thing that the probably up of very newbie questions when I look at some of the chart on the company yup bummer trading at a fifty two week high I thought more toward the fifty two week low I need to be concerned with that are going to analyze the different way about that yeah I mean I would let you I would I would ask you to let me be concerned about it obviously it's a you know that as I'm doing a little work so keep in mind when you see a company known ever I I had people all the time it's not it's not an unusual question by any stretch I have people all the time to say I show you put on your by list such as such and it's at a fifty two week high well I put it on my buy list because I believe it's going to hit another fifty two week high like it always has chances are every single year a fifty two week cell I I mean I really what I'm looking for is forward momentum and I'm looking for the momentum of that company that what that what that's going to look like so it really there are lots of companies that are near a high but I've got lots of companies not only on my buy list but Khan companies and I'm looking at their my broad let's try to get to my buy list they you know have maybe had for five fifty two week highs this year just this year alone so that means if you got in on the first fifty two week high you've had three more you've experienced three more so don't pay a lot of attention to it and and don't don't be concerned about it trust me I I am well I'm paying attention or but yeah I'm glad you're looking at it and I'm I'm glad you're looking at those sharks because I don't want you to discount looking at those charts because that's where you start learning I start looking at things so you know I want want to do and why you're talking about that the next question you don't have now but you might have as you look at those charts which is another good question is I'm looking at a stock and it says that it's trading at a P. E. ratio P. is is basically the percentage of the stock price against its earnings and a lot of people say well you know what to add a a P. of of you know seventy and you know I was told not to buy anything without a P. of a more than at twelve well then you're never going to own technologies you're never going to own anything in the healthcare sector you're never going to own anything in and maybe even some some consumer staples defensive stocks telecommunications tech you know not only I. T. but straight technology stocks I mean they just never going to happen he said they don't so I have a trait but there is a time to worry about that but I'm much more worried about the average he it's not I hate to say P. is a makes it sound like I'm looking I'm so I'm looking at twenty one different technicals so one of those P. has about a you know light light percentage of waiting or what I care about but you know start looking at those things and seeing those things start understanding those are a little bit and but don't don't get too overly alarmed by those but it's great to ask the question is do you get into why their P. thank great stuff man keep forgetting you're on the right track have you been thinking about taking an Alaskan vacation well now you can book an Alaskan cruise tour with Y. M. T. vacations and immediately save two hundred fifty dollars per person called why am TV cations today we've been helping people take the vacation of a lifetime for over fifty years and right now if you've been thinking about what it would be like to go on an Alaskan cruise now.
Why We Switched to Salaries vs. Hourly
"I had to do a lot of calculations to figure out really what the right hourly rate should be. It's somewhat complicated because there's a lot of factors that go into determining an hourly rate you could do it based on what the going rate is for the thing that you're doing. I mean you could also use the rate of your local economy. As the basis or you can use your actual costs says the basis or you could just pick a number based on what you think is valued at if you're going to do the latter then certainly the number you pick based based on what you value it out or what you think people should buy at should be higher really than those other numbers based on industry your geographic area in your costs. That's kind of ideal when it comes early work. Is You bill based on your value but in order to even figure out what the minimum among should be. You need to know what your costs are and we don't do this anymore. On Cassette we bill based on monthly recurring revenue only but I still have the spreadsheet spreadsheet that I created to calculate what that hourly rate should be for a given employees all make this available to anybody that wants it. It's it's a really simple sheet but frankly. It took me a couple of years to perfect it. This sheet has in here quite a few parameters so the one parameters. How much profit do you want to make that. Can Vary based on your company based on industry. I had put it in their thirty percent. Thirty percent is the number I've always heard from other business owners. As far as things like gross profit. You need to be making at least thirty percent because then when you take out taxes and everything everything else you're not that much so thirty percent on top of your cost is what I said. I wanted to make but it's it's a cell and it's a formula. You can change whatever you want. There's also the number of hours in a year that someone works now forty hours a week times fifty two weeks equals two thousand eighty hours that is the maximum amount of hours that you have available per person the reality he is a you're going to pay someone comp leave and I said comprehensive leave or paid time off. There's different terms for but if you have a full-time person you're not going to get two thousand eighty hours out of them. You're going to have to give them vacation. There's GonNa be sick days. There's holidays so there's a number that you need to plug in the spreadsheet that I have in front of me right now the last time I use it. The number was two hundred forty hours a week. Thomas Five is two hundred so I was considering five weeks. The person was not gonNA be around and Bill. Is that reasonable it depends on your situation seems pretty reasonable to me two or three weeks off off holidays sick. You know it just adds up. It's amazing so and this is also for someone that's billing by the hour you're not. GonNa get every you're not gonNA get forty hours every single week. It's just not going to happen. It's very hard. There's always something else can one on so you take the two thousand eighty hours you subtract doubt whatever your comprehensive or comprehensive leave or Pto is and you get a bottom line. Bill will hours per year something like one thousand eight hundred eighty. You also have an average cost of healthcare. If you offer that 401k matching or other kind of retirement matching that's another cost. If you have an office in city. There could be some parking fees parking garage. You have to pay for we have to do that. Worker's comp another thing. You'RE GONNA have to pay the bill. Bill for workers. COMP WORKER'S COMP is not free so billy at the pay account for and then miscellaneous was miscellaneous. I Dunno you take him out to lunch every once in a while the cost you have to buy him a computer. That's a cost right. There's all these costs that come up that you really just sit account for for me. I put five thousand dollars per person so I have all these parameters that go into the calculation and based on those I can determine oh one of the really important parameter the salary the person wants I so I use this most of the time for when I was hiring people so based on all that and the salary salary. I cranked out the minimum billable rate that I needed to get. I then compared it based on all the other race that I knew about it talked about before the going rate of the local area and the value that I'm providing to make shrouds in the right ballpark again. We will do this anymore but I have this spreadsheet. It was is super valuable to me when I was trying to determine billable rates email me at Eric at this is ray dot com or hit me up on social social media at I am Eric J Olsen Erik with a K. Olsen ending in o n hit me up and I'll send it to you. Thank you for listening. Is it time for new website.
"fifty two week" Discussed on WTMJ 620
"You know people always ask me this question they always say Scott what is online trading academy what do you guys actually do well that's a really good question you know what we are a global franchise we have forty seven physical centers United States with seven centers internationally in what we do is we can teach people how to trade within the financial markets you know the markets right now are volatile in the question is how is your portfolio looking how's your four oh one K. looking is it going up is it going down what would it look like if you knew how to trade it more properly and the big thing is what people always hear the word trading they get scared because they think it's risky well they are right they are correct it is risky but the other question is when you hear the word investing people seem to be a lot more comfortable and they say investing US law and methodical and you'll get there eventually over a period of time well the thing is they always say the more time you're in the market the better off you're going to be but what we do here at the cat is we help people timing the market looking at where the institutional order flow is where are the banks institutions coming so what we do is we just use price action on a chart all were utilizing our charts and graphs a lot of times charts don't lie people do so when you take a chart if you're looking for your long term investments right now then you're gonna see this if you're looking back in two thousand eighteen you take twelve candle sticks first of all what is a candle stick it's how they actually manage price so if for instance if at ten if you have a stock at ten dollars a share at eight thirty in the morning the first bid for that stock is ten dollars a share it draws a line then what does it do for the rest of the day it goes up it goes down it creates a high it creates a law and then at the end of the day at three PM it closes at eleven dollars souls and they just do is they just drop box around that price from ten to eleven and that tells you it's green that means the price is doing what prices going up red would mean prices going down and all they're doing is they're they're managing price by looking at these charts and graphs so what we do is we help people identify that sold. that would be a daily candle stick so them if you're going into your retirement account which a lot of people want to protect right now you always have to ask yourself what your plan if the stock market decides to go up ten percent in next thirty days. the average plan is to do what to do nothing what's your plan of the stock market decides to drop ten percent in the next thirty days so the key is you have to have a plants we help people identify plans within the financial markets so when you start to see these charts and graphs will go into for your long term Bach and we're gonna talk about the wealth bucket first there's two buckets really there's actually three by because there's a wealth bucket there's an income bracket and then once again there's your fun bucket what do you want to do what we know what it what it what fun things you would want to do but first of all your wealth by K. what you gonna do is you're gonna take twelve candle sticks so you're gonna take a candlestick period of twelve months so you're to take twelve among twelve months long in two thousand eighteen you would have seen about the first ten months the candle sticks were all within the same same distance of each other and then right at the last two months of two thousand eighteen the candle sticks had a big dip in price let's tells you at the end of the at the end of the year the markets were doing what we're going down fast so then what you do to help monitor to help manage your portfolio better then you take a twelve month candle stick they go to fifty two weeks then you go to a weekly candlestick patterns and then you see a lot more volatility within that and you start to identify where prices are turning the markets go up for five weeks in the markets go down for two weeks the markets go up for six weeks they go down for a week then you can start to see these these patterns all there in a fifty two week pattern for your retirement account then what do you do then you take it and you go to a daily candlestick pattern and you start to see more volatility and then also you can take these three candle stick patterns and you can identify a turning point your you can start to see where your are on the curve because there's some weeks were your high there's some weeks where your local and then you're gonna see where they where they meet in the middle and that's where you gonna have to make a decision if you want to go into the markets are viewed like to get out of the markets so what we do is we do this in a two hour class we switch your classes from three hours to two hours and it goes from ten o'clock to noon and we are a permanent facility we're gonna be in Milwaukee this week on Wednesday and Thursday and once again we are. permanent we're not going anywhere that's the neat part about online trading academy you have a permanent facility to walk into any can kind of see what's happening you know this week we've got a lot of great things going on at the academy what we have going on at the academy right now as we got a three day class going on these are people that want to discover a little bit more about the financial markets they want to see how the forex market works a lot of times they'll be really knows what the forex market as they want to see what that's like they want to see what how the futures market works and you're going to the futures market there some new there's some new evolution coming into the futures market that's gonna be really cool that to see ME the Chicago mercantile exchange is doing their micro contracts they're smaller contracts so you do it and so you don't need a lot of money to get into the futures market right now we talk about that in the two hour class then we go into the options market inside the options market is about what we would you like to do is take a little bit of your money to protect a bigger bucket of your money using options to protect yourself use a premium and kind of in a round about way get paid to wait that's the neat part about the options market and we also go extensively into the stock market so we go through all of those things inside the three a class but also to to our class we touch and all that stuff to give you the idea this is okay this is a really neat thing let's see a little bit more about how the financial markets really work so when you come in for the two hour class the first hours all about you know your wealth but how do you manage it how you keep the portfolio already have then the second part of the two hour class we go extensively into the stock market so we go into what we do is we go into the stock market we go into how the markets I really actually work the big banks and big institutions so when you start to see the banks and institutions where are the stacking of orders where's the gathering of orders coming in and when you start to see where the gathering as that's the neat part about about the stock market is seeing how the opportunity how the opportunity gives us what it what the market gives us you had a lot of coffee already today so it's kind of exciting because there's a lot of volatility we got a lot of activity at the academy this week we've got a core strategy class going on which happens to be like a seven day. class where the students will be trading allied with real money they're gonna be utilizing click which happens to be our own proprietary platform I'm gonna talk about click in the next next segment too because click is actually a tool that we're using it's like this if you want to learn how to trade or you want to learn to do something you can have a tool box in camp all the right tools in it but if you don't know how to utilize the tool box guess what you're not gonna be able to do anything I can be able to fix anything just because the markets are there and they give you the opportunity to buy and sell stocks on your own that's the easy part you know I like to tell everybody the easy part about flying is taking off the easy part of the trading as he is being able to push the button to buy stock the hard thing is is where are you going to sell that stock parts for profit when are you going to make those decisions because a lot of times when we come into the academy there's three types of people are looking for we're looking for the cultural person. and the thing is when we get older guess what we're very hard to be cultural because worse were already set in our ways and we're looking for persons disciplined sometimes when you're discipline you're not willing to change you know when you go you buy stock at ten dollars a share and your plan tells you to sell it at thirteen you better be selling at thirteen the problem is you usually aren't selling at thirteen because you have this mindset you think it's going to go higher but if you're plantilla you to sell it thirteen the discipline side of used to tell you to do what to get out and then look for another opportunity and the other one two is being decisive that's very hard for people in Wisconsin is being decisive because people Wisconsin a lot of times like to rationalize why they don't want to do something well I'm afraid to call these people because they might want to they might try to sell me something or I'm afraid to go into this because I don't think I'm smart enough well I don't think my wife for my husband's gonna allow me to do this this is a they rationalize why they don't want to go but what does it look like it follows that you came into two CAD me said while I learned one thing today to learn how to protect my portfolio I learn something different that if the markets do drop me a potential to make money when the markets do go down looking at all different variations of it so give me call register for a three hour cook for our two hour class and it's going to it's going to be this Wednesday and Thursday at the physical center in Milwaukee were right off the Good Hope road you can't miss us it's a permanent facility there is a.
"fifty two week" Discussed on Biz Talk Radio
"And click on podcast every show is podcasts for fifty two weeks and you can download it simultaneously. We upload the archived audio that can't download it, but it's there for your listening pleasure, and it stays forever an ever an ever, we start our eighteenth year on the air this September, no, July, July, we start our eighteenth year in the second I on a mess. The first Sunday in July, we start our eighteenth year on the air, and you know what I have to go in and quench some numbers somewhere. I did a study last fall. And I figured out that sometime this month. We are going to hit thirty five hundred hours three thousand five hundred hours of radio. Broadcasting. How do you like that? And I did it. I was stuck in an airport. You knew I had to be desperate, only it was that or start picking lint off the columns in the airport. And I figured out that sometime in may. And then I forgot the date, I don't think I wrote it down when calendar where easy to find somewhere. There's a yellow pad with the page, that's figured it all out. But it wouldn't take more than half an hour to work it out again. Yeah. Thirty five hundred hours of broadcasting, and I walk and talk and almost make sense and chew gum, and safely cross streets at the same time remarkable now. But we had on today's show earlier, Marc chambers. The group managing director of the Eden hotel collection in the UK a, an amazing group of boutique luxury hotels that, if you wanna fairytale trip, you could just take out a map and plan your trip based on where they're nine hotels are located and just follow the trail and say, somebody someplace that just blows you away every day. So that's my story on that. And then in the last hour, we had on his excellency the Basser to the United States from Malta Keith, as a party. And he was fascinating. Oh, and by the way, he told me something as we went into the top of the hour news that I promise to share. So let me share quickly with you. He told me when we were talking about American history that is laced into Maltese history. Well, we talked about that at the end of the last hour, but he wanted me to share with you that the liberty bell was recast. And when it was recast, there were two men that did and the two men signs somewhere on the liberty bell, indicating that they were the craftsman. That did this. One of them's name was punchy spelled P, A C, like pace, which was anglicized to pass P A, S S. But their name was really Paci. PAC somewhere on the liberty bell. You will find the signature of pass PAAS s one of the two Kesri casters of the liberty bell in Philadelphia. And he was Maltese, so the people of Malta very proud of that very special US connection. I think the next time I drive down to Baltimore Washington, Virginia. And places all around Philadelphia that are gorgeous and wonderful. Visit I'm gonna make a point of getting myself over to see the liberty bell, and come with a magnifying glass in search of where did the name pass PAAS s of Mr. Paci get engraved into isn't that cool. So this hour. Let me entertain you. We've been talking a lot about Albany, New York of late L S few months. And that's because you really need as I did of real. Indoctrination almost into what there is to see. And do what are the magnetically marvelous venues and attractions, hotels, outdoorsy experiences? Indoorsy experiences historic experiences that you will find in Albany county. If you're coming to New York on business if you don't have a car, rental car, and drive through the Hudson valley northward to Albany is the most exquisite trip, no matter what the time of year if you don't wanna Dr jump on Amtrak in Penn station. Get off at the Albany, rents train station. There is a car rental company, embedded right there at the train station, and it would be better. If in advance of your arrival you made their car reservations, there's a car waiting for you. You don't want to get there and find out. Oh, we just rented our last car tough on you. So, but if that happens hopping taxi get a limo do something else. Don't worry about it. Don't let it ruin your day. But at Vance plans, are always a good thing. And if you're gonna plan in advance. I want you to go and check out what is being performed at Albany's wonderful historic majestic palace theater. And if you ever see the film, the majestic, the with, with Jim Carey, which, by the way was a. Facade Piltz by skilled Hollywood set crafts people and put up in the middle of St. in Ferndale, California, and the rest of the they filmed the outside there. And the inside interior shots were all done in sound stages in LA. So, but it reminds me of that, you know, that kind of glitzy sparkling marvelous kind of art deco, wonderful theatre that. They don't build them like that anymore. Regrettably, but, you know, there are people who care enough to restore refurbish, maintain theaters so that you can have that amazing experience with of all, things, live performances. How about that? So we're going to go off, so we can let me entertain you with folks over at the palace theater in.
Drama in the Toy Industry
"Joining me in studio today from 'em funds. Bill Barker, thanks for being here. Thanks for having me. We're gonna talk are vs. We're gonna talk toys because we've got some legitimate drama in the toy industry. We're going to start with Dobie. I feel like almost any business. That's in the cloud business is doing well that's not a knock adobe in their management. But, you know, adobe second quarter revenue was up twenty five percent. Their guidance was a little weaker than I think some analysts were looking for. But that's not stopping the stock. It's up another four percent today. Yeah, it is continuing to do a great job growing compounding year-over-year. It's on a pretty good five year on, I would say the segments digital media was up twenty two percent digital experience thirty four percent publishing twelve percent. So all three of the major parts of the company growing at better or do significantly better than, you know, double digit range. Do you know historically, if nobody is an acquisitive company, it does seem like obviously, you've got behemoths out there like Microsoft and Amazon just a name to who are in the cloud business it, I mean you know, my joke at the top aside they're definitely some smaller players, and I don't know if part of what has fueled adobe for the past few years is. Being strategic with smaller acquisitions and, and just sort of bringing them into the fault. Yeah. It's enlarge part through acquisitions in two thousand eighteen which for those who can't do math was last year. You look confused for. Of the two of us in the room you're better at math than I am. Yes. That's fair. No last year. Yeah. One year difference magenta and Marquette auto. I don't know that I'm even pronouncing Marquette to marquee, to maybe were acquired, and so they've been well, integrated into the platform and are contributing to that twenty five percent annual growth, little harder to grow window at the size that adobe is at something approaching twenty five percent without making some good acquisitions, even in the, you know, given how much businesses moving to the cloud, even so that this that kind of growth needs needs some acquisitions in most cases, do you think that's why the guidance was maybe a little weaker than people were expecting just because there's only so much? You wanna telegraph what you're going to be doing when it comes to acquisitions, well, they have a history of being a pretty conservative with their guidance. So I think that as you can tell from the market's reaction today, basically. People are blowing that off. Nobody believes them. Yeah. That's nice. They're, they're giving some conservative guidance, and we know that given their history. And this is the kind of thing that you only, you know, chief over time is the belief by the market that, oh, these guys are going to do better than they're saying. Let's move onto winnebago. Third quarter reports seemed to be a little bit of a mixed bag, although the profit margins appear to be improving for winnebago. And typically, when we talk about the RV industry, more more often than not you. And I are talking about Thor industries, not. Not winnebago but went Bego seems to be doing a pretty nice job of late. Yeah. Winnebago, which is the name that people know best for arby's and is best known for the motorhomes portion of the business. And so the totals side of the business is larger for the industry than the motorhomes motor home is the, you know, the large vehicle bus, like structure where the housing unit is all part of the, the motor vehicle, and then the Togo's where you hit something onto the back of, of your vehicle and winnebago made a good acquisition. Couple years ago, grand design, which is a fast growing towell and winnebago really didn't have much going on prior to that in the total space. So as that part of the industry has been growing winnebago is now. And. Active participant in, in that growth and actually capturing market share in large part from Thor. So you've got sore, which is the largest RV maker, just made a major acquisition in Europe, which closed last quarter, and then you've got forest river, which is owned by Berkshire Hathaway those two are, are far larger than when a Bego, which has now grown to about ten percent of the market. And then they're few scattered players that are not especially meaningful beyond that. But when Bago also has done, what a lot of in players in the industry are doing which is diversifying into the marine segment. They quired Chris craft, which is probably known to too many as designer beautiful wooden boats that are sort of timeless and elegant, and that's a good thing to do is to have some diversification, because the RV industry are. Into a lot of trouble last year when dealers overstocked early in two thousand eighteen and a year later, they're still working down the overstocking. And so when obey goes numbers on their face are not great. But they are pointing to some brighter days ahead as everybody in the RV space has been doing for a while. The acquisition that Thorne made that you mentioned in Europe. Is is that a diversification play or do they or is there, some RV maker in your like I? In large part because of where I live, when I think of RV's I just think of, you know, RV's here in America. I don't necessarily think of Europe as necessarily big market, but I'm, I'm happy to be proven wrong on that. Well, they're, they're more in the smaller vehicles, and you see in the US there, you know, in many parts of Europe, smaller roads and not quite the car culture that we have, but they are a big camping culture. And so they're more sort of camper sized things. And yeah, there's a decent decent part of, of the market that you can capture there. It is diversification thing for Thor. And it's a good time to diversify given the, you know issues with the inventory for arby's here, but getting back to winnebago, they're pointing to, again, good growth in the TOA bowls from the grand design, and motorhomes. Itself lagged I think there were off sales or about thirty some percent year year which couple years ago that would have been disastrous for winnebago when they had not yet acquired a tow -able in an a marine unit. It's not. I mean for as well known as the winnebago brand is, this is not a big company. I think it's like one in a quarter billion in market cap, so but it's nice to see that. They're both diversifying their revenue stream and because of that starting to improve their financial picture. Yeah. They are unlike sore treating sort of reasonably close to their fifty two week high. I think not you know not not right at the fifty two week high, but they're not not a long ways off Thorpe still basically cut in half from from where it was about eighteen months ago. Quick shadow to sprout social for sporting today's show. What makes people love the brands you love connection.
"fifty two week" Discussed on 760 KFMB Radio
"Near fifty two week high at twenty seven dollars and ninety five cents while officers two week, low of twenty dollars and nine cents. Now, if we look up to June two thousand twenty I see estimated earn shown a gap basis of two dollars and eighteen cents retire sell price at thirty five dollars and ninety seven cents. So I'm definitely intrigued by this company don't like foreign companies but isn't intriguing one? They always in back of my mind. Is a currency fluctuation because you need to do great. You know, company has great and so forth, currency moves against you. You could wipe out all those, those profits there. So I always kind of worry about the foreign companies, and I, I like to deal with US companies. But again, if you look at international company, this one, looks okay, but more research to what's going on with currency. Yeah, absolutely. Yep. So Jim, okay. Thanks guys. Appreciate it. I have a good one. Bye-bye. All right. That was on the phone line. One eight hundred seven six zero k f m b that's one eight hundred seven six zero five three six two. You know it's not just the currency. But the problem is having all those different commodities. You really have a lot of commodity pricing risks. So you're right. You know, that's one thing I always cautious of is commodity companies can be very dangerous because if that commodity takes turn for the worst. Oh, this is greater rings also in that commodity falls drastically. Now they don't have great earnings anymore because I can't tell right. So more moving parts. And there are a lot of moving parts, the less moving parts better. This is why we do our workshop to show you how we manage money. What we do have your client, what we would do for you. The next workshop is going to be Thursday, actually this Thursday coming up June twentieth. We'll demonstrate you why trading does not result in good long-term performance by showing you the nineteenth trading after taxes and inflation, you need a four to five percent return..
Dollar Tree and Dollar General See Stocks Rise on Strong Earnings
"Tree and Dollar General. Both reporting rock-solid first quarters and shares of both are up shares of Dollar General hitting a fifty two week high. Yeah. I think that it's just the experience of compounding growth and continued ability to expand the operations open some new stores. They're getting a decent same store sales, and they don't have to do anything super tricky to, to keep that going. There is plenty of competition in the discount retailer space and some brands are doing a little better than others. Family Dollar struggling, but it's I wouldn't say it's a good time so much as continuing good operations for, for Dollar General. Well and the fact that they're opening locations at a time when the number of retail closures that have just been announced, so far in two thousand nineteen have already surpassed what we saw all of last year tells me that among other things are doing a good job of managing their growth in a smart way. Yes. And they're not not tied down to the malls. So people are not going to the malls in increasing numbers and people companies have made investments in mall stores on the basis that, not that those are the only operations that are closing stores but standalone operations are or things that are not mall based are in better shape. People go specifically to Dollar General to dollar tree rather than going to the mall. And then seeing what happens, right? So they have to go there for consumables to a large degree. It's a, a place. They regularly go to and they, they are going to continue to do that as both operations expand, what they are delivering their, you know, in into things like a. Beverages and more coolers, and, and so they just have more opportunities to deliver the things that people use every day.
"fifty two week" Discussed on News Radio 810 WGY
"What we're looking at to read through, you know, quite a quite a long list of fifty two week, lows out there, talking about the treasury curve talked about investors looking at yield opportunities out there talked about some alternative investments with respect to principal protection just completely completely jam-packed. And what I think it does. Mike is, I think it shows where we're going what we're bringing clients with respect to the new family office model that we're going to be launching within the next several weeks at Madison, and it all comes down to team, the days of the general practitioner are over absolute nobody can can take this fire hose of information all day every day and be able to disseminate in the correct way. That's what we need all these people on our team that bring their own specialty. In expertise, to the group, where we then can share with the client base, and we've always been asking clients. What else are you looking for? What else do you want from us? And it was years ago. They want us to write a series of books on different topics from retirement account distributions to estate planning to maximizing social security understanding Medicare, all of these good things. And they said, let's take it a step further. We, we don't want this disjointed experience or Mike. I come see you on Monday. I go see my tax professional on Tuesday. I have to drive across town on Wednesday to see my legal person on Friday. I gotta go see my home and auto insurance person. And what we did was. Let's take this disjointed model in throw it away. Let's bring all of those different services in house. One stop shopping, and the reason that it is going to be so effective, and has been for the ultra hyper wealthy, is it takes way, the excuse. News. I just I haven't had time to go. See everybody. Mike right now when I bring all of these professionals under one roof, there's no more excuses. More importantly, having your different team finance tax legal insurance being able to communicate to each other about your family's plan goals objectives. That's how you get correct execution. That's how you avoid things getting lost version. That's where you get the, the plan that has been drafted by all of these professionals. It actually is executed. Mike. You just you just nailed it. And you brought up so many great examples when he looked back a couple of weeks of again individuals who had the means. Right. And just never executed on plan. It right. People who had estates in the hundreds of millions of dollars. They had access to the best and brightest and they still didn't execute their plans. And what that did is it caused millions of dollars in legal fees. It costs strife amongst a family that is already in distress when a family member dies. It makes there's infighting amongst heirs who have not been communicated to as to what is going to happen when the patriarch or the matriarch passes away, you're not having a multi generational conversations, and that's where it has to start. But you but you need all of those facets communicating with each other, and then with the family unit, so that it's very clear what the next step is. Let's talk about. That's again, let's bring it back. Now, let's talk about an you did a great job with this. I believe it was last the last time we were on air with respect to how do you think, though is listening, right? Our listeners should begin the process of getting up to speed with respect to being able to sit down with us being able to have that conversation with us as we move to family office. It's really going to depend on your demographic. Where are you at in the age cycle, the asset cycle are you retired preretirement? So as I will just use from an age perspective as you start to age from your forties to your fifties. You have to understand the nuances of all retirement account options. That would be reading the retirement fundamentals book gripe, as you start to age into retirement. You've got to make sure that you are state plan is in place. That's where he read the estate planning book..
The hype cycle is REAL.
"An It's Wednesday may fifteenth mocking market fuller. I'm Chris L? Joining me in studio. The one and only Emily flipping thanks for being here. Thanks for having me. It's warm here in the studio, and it's because we had a very heated discussion with producer Dan Boyd about pizza and bagels. And that's just that's just going to remain among the three of us probably just as well. That, that, that doesn't go out to the dozens of listeners. We've got some earnings. We've got some marijuana earnings. We've got some ecommerce earnings. Let's start there. Let's start with Alibaba fourth quarter revenue up fifty one percent. And I know we like to talk from time to time about the, the law of large numbers, but this is a four hundred fifty billion dollar company, and they are putting up. Surprisingly, big numbers, when you consider how big a company Alibaba is profits were higher than expected, that the stock is barely moving positively today. What why is that this, this seems like and you watch this company closer than me, but the seems like are solidly? Good quarter for a big company. Well, you've made a mistake and bringing me on today because Alibaba is one of the companies that I watched, but there's also a handful of other Chinese companies that have been reporting and we'll continue to report the next couple of weeks. There were earnings that we've seen Alibaba included have been outstanding in the market has hammered them. In fact, Alibaba not being down today is impressive within itself. So I'll eat Baba's kind of trepidation response by the market. I don't think has anything to do with their earnings guidance their business. It's really the macro situation right now. There is nothing. They could have said that would nothing within reason that they could have said that would make the market response. Very positively. But the fact that this is such a big company growing revenue fifty one percents. And they're seeing such an amazing growth, Alibaba cloud. I mean they really are doing everything. So we have the cloud business. Their management now says they're serving fifty percent of China's a rated businesses through their cloud business, and that's actually much smaller than I think it can be over the long term. So this growth to me is just the beginning, you'll see that seventy percent of the increase in active users were actually from less developed cities as well. So they continue to expand within the country and their partnerships are really starting to pay off Allie, Pai tau they push through thirty percent of Alamos orders. That's Chinese food delivery. So the fact that Alibaba is so spread out across the country in terms of business segments. In terms of revenue, just means that this is an amazing company and the markets, kind of sad response doesn't mean much to me. So it sounds like you think this is a buying opportunity because because the stock I mean. To widen. The lens a little bit. I mean this is a stock that's I think it's up about thirty percent. Maybe over the past year, or so, like, it's, it's had a pretty decent run. But, but it sounds like you think there's a lot of runway head of it. Well, here's a good testament to that runway Yoku, which is you could call it Chinese YouTube. It's Alibaba's video streaming website. They're still producing movies and TV shows, and guessing they're selling it to Netflix. So the biggest one in China right now I think I forget the name of the but, but it dropped on Netflix today. So if you're interested in going Netflix is probably going to be one of the first videos that starts playing for you. It's a Chinese drama that they purchased from Alibaba through Yoku. So the idea that this company has tapped out growth is a terrible misunderstanding of all the different levers Alibaba's still has to pull in their business. Let's move onto another of your areas of expertise and that. The marijuana industry which you cover here at the full couple of companies reporting to till Ray reporting first-quarter results sales were up, but their costs were also up. So their loss was definitely bigger than expected and Aurora cannabis. Seemed like it had a pretty good third quarter till race. Stock getting hit a little bit Aurora cannabis last time. I checked was moving slightly positive safe to say. Roar is if not the biggest player in this space, maybe the best known. Yes. Definitely till right and Aurora to the best known players in the space. You notice that revenues growth in general, is extremely strong in both these companies till raise up almost two hundred percent but it's only twenty three million. So it just reminder to people who are interested in this space that these companies bite their popularity and despite how well no. And they are they're still extremely small and. It's projected that till right? Being one of the best known companies only has about a five percent market share in Canada. And that might sound to somebody like, wow. They have so much room to grow. But that's just a testament to how fragmented the market is. And both of these companies are increasingly unprofitable, they're going to need to raise capital to continue operations, and that should not miss out on investors investors should be perfectly aware of the fact that share shareholder, dilution in these companies is not just a word. We like to say about why we don't like them. It's, it's a real threat. It's a real threat to people who are buying these companies so despite strong revenue growth. And you're if you're interested in looking into the cannabis base, there's a lot of other companies, a lot of insularity plays that you can get into that have a lot less risk and a lot less exposure than companies like Aurora or till Ray that being said partnerships are really key for about these companies moving forward. They are big players are well known player. So it's going to be important for them to continue to make partnerships. And they're both doing a good job of executing on that. So go back twenty five years or so you had a bunch of companies that made desktop computers, and they're all competing with one, another part of the reason Microsoft grew was because they weren't interested in making the computer they were interested in just being the software inside the computer hearing, you talk about the cannabis industry. It makes me think that investors shouldn't be looking at the growers, which are the obvious sort of first place to look, but instead, the companies the picks and shovels, companies, if you will that are looking to service, any of these companies, that are producing the marijuana, like what's one or two companies that you think sort of fit that space of they're not growing. They're maybe not as well known as till Ray and Aurora but these are worth keeping an eye on. Well, one company that is an active recommendation in marijuana masterpiece. Hear that? I'm a huge fan of is actually. N wave. N wave is interesting. It's been around for a while. They're dehydrates. This is like, I think it is the oven company, but I have a simple mind. So they're actually pretty well known in the cannabis space. But people think of them as just that the oven company, they sell dehydrates. That's kind of misunderstanding of their business model very early on the company figured out that they're not going to really make a lot of money by just selling this equipment to companies like till Ray and Aurora, what they're going to make money by doing selling subscriptions licensing. And so this aren't a license, these giving exclusive rights to use his equipment to companies like Tillery and that provides ongoing recurring safer revenue. So if you like a company like till right, a good investment is actually, probably in wave which is relatively insulated because they don't have the risk that Tori has in terms of actually growing having direct exposure to the price of marijuana, which some people argue is a commodity instead, they have predictable stable growing revenue. Well still. Providing some exposure to the space safe to assume that this is one of those industries that investors should think of in terms of the more volatile end of their portfolio the higher risk, and the reason I asked that is because I was just looking at the fifty two week range for till Ray fifty to three hundred dollars a share a low of twenty dollars a share that is one hell of a roller coaster, the hype cycle is real, and we've seen it a million times over and about every industry, you can imagine. I think three D printing probably comes to mind. So nobody wants to be buying three D printing at its very peak and same can be true for marijuana. The difference is, is that in the marijuana industry, icy strong underlying demand. So that's why I feel comfortable investing a lot of these companies that being said, you have to recognize that the reason they're so hotly valued right now is because the hype is extremely strong, and it's not a matter of if we see marijuana pullback. It's a matter of win. We see a marijuana pullback. So if you're investing in companies in the marijuana space, do not just by Pierre play companies, you are setting yourself up for disaster. We should be doing is taking a basket approach taking a long-term view buying companies that maybe are pureplays but combining them with companies that operate in the marijuana space that will see less of a pullback win the marijuana industry as a whole continues to fall restaurant Brands International having their investor day today. This is the parent company of Burger King Tim Hortons Popeye's, one thing out of the day that caught my attention was Tim. Hortons is going to be adding beyond meet up shins to their menu. That was come. I attended for two reasons. One just that had happened to the win. Tim Hortons was looking for plant based meat substitutes. They didn't go with impossible foods, which there, you know. Which Burger King has been doing with the test of the impossible Walker. So clearly Tim Hortons, if anyone was wondering, oh to all of these restaurants under the restaurant Brands International brand. Are they all operating independently? Yeah, they absolutely are. But I'm curious where you see this space going because I this is also a day or two removed from impossible foods outing. They've raised another three hundred million dollars in venture financing. I think the total that they've raised now is somewhere in the neighborhood of seven hundred fifty million dollars. It seems like
"fifty two week" Discussed on 860AM The Answer
"Two week low the fifty two week high the inventory. No, you don't need to know any of that days are gone. States are gone when you have a market that they just keep lowering rates, and you have QE in pushes the market up three hundred fifty seven percent from two thousand nine but the economy can't even grow three percent, please think about that something's wrong and think about this the market has gone up the dot com. The housing con went up on the Dow fifteen thousand and then drought were what we we're. We're now over twenty five thousand right now, for God's sakes. I mean, this is crazy. This is going to be the biggest crash adver because of Q E in the trick member quantitative easing as a confidence game by printing money and cutting rates. They put. Hugh confident because you think that the economy's doing great because the market's doing great, and then the stock buyback that's a counting trickery UC stock prices go up they come on these financial shows all the stock price is going to cause earnings are gone up. No. They're not earnings are ally. They're going up because they have destroyed their earnings over the less share. That's why a company has a million shares though by half back. Now, there's only half a million. So that means the earnings will go up five percent instead of one percent. So the stock will go out from twenty dollars to thirty to forty fake. But the big boys you're making money because eighty five percent of their income comes from the market, and they stay in the market. In the markets of beautiful thing. It goes up seventy percent of the time. But when they started with QE back in two thousand eight is stock buybacks it almost goes up ninety percent of the time. You just got to know when to get out. And that's where we come in your brokers, not gonna tell your plan is not going to tell you tell you anything. So oh, by the way. Number said yesterday, fifteen people. Okay, I got nine. All right. So, you know, six people to rounded off..
"fifty two week" Discussed on Stansberry Investor Hour
"Investor. Our dot com is where you're right in. If you wanna talk about that and let let's move on to find out. What's new in the world? All right, folks. It's time to find out what's new in the world and this week. Of course, I talked about cycles in the opening weekly rent. So I was kind of trying to think about cycles as I was looking around for what's new and one thing. I I looked at is the if you go over to CNN business, money dot CNN dot com. They have this fear and greed index, and they give the index, and then they give you the components of the index and right now, it's just sort of it goes from zero at extreme fear to one hundred at extreme greed. Right. So greed is like the moment when you want to be careful when everybody's way too bullish and fears the moment when everybody's way too bearish and you want to look for bargains and right now so fifty is right in the middle. And right now, it's around sixty ish, and the indicators there are seven indicators that go into this. And I thought it'd be fun to just sort of get through them real quick. One wanna stock price strength and another one is stock price breath. So this is the number of stocks hitting new fifty two week highs and the number of stocks going up versus the number stocks going down there, both at extreme greed levels, others another thing called safe haven demand. That's just not extreme greed, but it's ingred levels. That's, you know, have stocks outperform bonds have bonds outperform stocks, right? So if bonds are outperforming people want safe havens, if stocks are outperforming, they don't want them in stocks have outperformed over the last twenty days market volatility. They just use the Vicks, and they say, you know, in the thirteen range here. It's it's neutral. It's neither fear nor greed, then they looked at the put call ratio ratio of put options to call options. They say that's neutral, and then they look at market momentum and junk bond demand, and they say, they're both kind of in the fear range. So people are are, you know, the market does. I have a whole lot of momentum compared to an extreme greed reading and and junk bond demand is kind of lower. I would I would guess they mean by that. So that's one way of looking at cycles. Another one is Bank of America put out this report where they have this thing that they call the sum of all biggest fears. It's a credit report. And they and they had this thing that they track quarterly called the sum of all biggest fears, and it's at its lowest level since since looks like July two thousand fourteen so people are less afraid, according to Bank of America, people in less afraid to put money into bonds now than they've been anytime in the past just about five years. So moving on JP Morgan came out, and this was in business insider, I guess. They said the JP Morgan guys this will end poorly. That's a quote JP Morgan exacts warn of imminent reckoning as the market's biggest investors plow into another credit bubble seeing..
"fifty two week" Discussed on 760 KFMB Radio
"The industry is actually down twenty percent, bouncy looking okay, you gotta current racial one point one one point two debt equity only forty four forty three. So that's good. We turn equity the very good thirty eight point four I eleven point seven net profit margin three point two versus one point three and receive a turnover of forty five point nine versus twelve point eight and immature turnover four point five or seven point to that could be a better you wanna make sure they're not getting stuck with inventory out the door chase. What are you see over there? I got to say I love best buy actually on my own. We didn't buy it in the portfolio, but my personal portfolio. I did by best buy several years ago. Made good money off this company is great business. I I love you know, the Mongolia homes, they do a great job with that theatre systems the appliances. I love their shop in shops. I mean, it really helps drive traffic again. I think is a great company. They have a lot of great numbers here. And I am excited when I get into this. Didn't you a cell somewhere around this price? Now, I think actually sold around seventy was it a while say yes, oh, current prices sixty dollars and forty four cents. Again. I it hasn't moved much over the past couple of years. But. Fifty two week high. Here is eighty four dollars thirty seven cents. A I didn't sell at the peak here, but rarely do we do that. But it again sold at a higher price than it is currently and fidgety week lowest forty seven dollars and seventy cents, but I am excited by this. I mean, if I look forward to January two thousand estimated for Shannon gap faces five dollars forty six cents. Give me a target sell price of ninety dollars and nine cents. I think this business is very good. They have a lot of things are doing to compete against Amazon. They really focus on the experience with their geek squad. I think they have a again, a good business model that they can sustain competition against these online retailers, and again trades. It could by way shins not much debt on the balance sheet. I I like best buy richer. I think you've got a good one here. Hold onto it. Don't worry about being underwater right now. Okay. I, you know, I really liked colleague treats in store now. And it seems like the people who are knowledgeable in really trying to find the right television or product for you, not just the one they want to sell a particular time. Yeah. Yeah. I agree. Because I went in there. And I bought a some actually air from best buy guys how how is the experience? With know. I'm curious is gonna fall out of my ear. And now as you said, I think they're pretty knowledgeable there and a lot of times, I don't know Electric's out. Well, so it is kinda good to get that that experience where you talk to somebody about it. That's why I don't like buying stuff online. You don't know what you're getting? But they're online store is still pretty good. They they have like a match against Amazon, and they can't compete well online if you're into that. I don't personally like it. So you can go in store and talk to somebody, and you know, what the more profitable Amazon. Yes. So hang in there, Richard. Oh, we already. Thank you. Thank you Bye-bye. That's one that I've always liked bed bath and has this volatility. I say, oh, man. Best buy it seems to have this volatility were drops. And that comes back. It'd be one that I would I wouldn't probably by now. But I know we know we're gonna have some pullback here. Overall market. It could be an opportunity for this great company. I kinda like it. Now, I mean off the fifty to eighty four thirty seven that's a good good ties drop their I mean and traits. Good valuations. I I like best buy, you know, we're fully invested. We have like no cash. Trying to find things that looks pretty good. So that's one thing about being a long term investor. Sometimes there's great things out there. You just can't get we already have a retail shop too. So I don't want to get too involved in the space. So I I would look elsewhere. But as a retail, you don't wanna have you know, two or three retailers. That's what we only got one retailer. So we can handle another one if we find the right thing. So, hey, before we go to let's see who's next here. Peggy forgot I forgot that this Wednesday chases the workshop coming up, and we're talking about some important things about how to structure social security and other retirement income the pros and cons of multiple tax reduction strategies, and the understanding your options with Medicare and healthcare. And as always we talk about investment part for you as well to make way smarter investor. What's invested in what not to invest into where you had to do what you had to sign up. It is this.
"fifty two week" Discussed on The Meb Faber Show
"But there's a lot of hacks around it, you can use certainly funds that don't concentrate on just one country, but have much more broad exposure. I want use that as a chance to shift into something related to value. But something you've done a lot of work on trend following momentum. So Norbert Kaime Ling tweeted and update to some charts he and his team of updated, and he noted all country and sector, valuation momentum indicators that have been updated thirty four of the forty countries had a negative fifty two week momentum that map on their chart is rarely seen so read what? Are we looking at here? So you had to shift this year where for a long the longest time a global buy and hold approach was very similar to global trend approach. Most markets have been going up over the past number of years. The last time you really started to see some significant gyrations maybe back early twenty fifteen but when eighteen he saw a lot of markets after q one start to roll over. I think foreign stocks as well as parts of the commodities space had already started declining early in the year in then really the US was the only man standing left standing coming into the end of the year, and then very quickly fell out of bed. So by the time twenty eighteen was over you had many of the markets around the world in downtrends. And you started the volatility pickup, and we talked about this on Twitter, certainly, but where it's always surprises. I think a lot of the commentators where you start to have these big up and down days, but we've. Shown a white paper called where the black swans high. The vast majority of the up and down days something like seventy percent occur when the markets all ready declining. And so below something like two hundred eight moving average ten month moving average. But so you had an interesting scenario where trend falling type of systems started to derail disc-. And so depending on the system could have started dearest early Q one, but certainly a very heavily by the end of the year. So a lot of traditional trend strategies would have been at near or max risk off. Or if they're in the manage huger space would have been shorting certainly a lot of these markets by the end of the year. What's interesting to note about that is that because markets go up most of the time sixty seventy percent time, they're going up. It's pretty rare to have the scenarios where the buy and hold and trend diverges in. It's extremely rare when everything is kind of going down. And so you have what we call this sort of heroes zero moment for strategies to start to divert. So for better or worse. A lot of the trend strategies will. Diverge going forward when we saw this somewhat in January where you had this big bounce, which is funny because we have a ten year old study been out this to Hong. But if you look it up we tweeted, it looked what happens after really bad, Mark months, the really bad outlier months in traditional asset classes, and so an equities in particular something like if you had like eight percent or worse down month. What happened in the ensuing? Three months pretty strong outperformance. So this the balancing January's not particularly surprising. Anyway, you have a scenario where a lot of markets are still in downtrend. It's it's changed a little bit as a few that have starting to see some green shoots. But that's when you see that divergences. So will the market start ramping back up just like in two thousand fifteen or will they continue on down like an eight or two thousand. I mean, who knows course, no one knows the future. But that's when you start to see some of the benefits or drawbacks of trends. So it's either the whip saw drawback or. Or it's the protection if things continue continue south. But it'll be it'll be interesting to see going forward for sure. And some of the markets that were in an uptrend or are not ones that exactly give you a lot of confidence..
"fifty two week" Discussed on MAD MONEY W/ JIM CRAMER
"Kind of forgot about the stock will just recently again today it hit a fifty two week high. And I noticed looking at the position it's up over seven hundred and fifty percents since I purchased it. Now, there's only makes up about one percent of microphone. He'll do. I keep letting it run. Funny and the rule is you let the rest run. Congratulations to Dan Rosa's way. It came on the show when the stock was literally a tenth of where it is and pretty much gave you an impassioned plea not to give up. I bought into it though in part because my kids loved the product in part because as I look at Regina Gilgamesh, executive producer. We thought that that was one of the most potent insincere views that the stock was undervalued men news own company Nick in new in New York, neck, James. Oh, yeah. I want to get your opinion. Okay. I what is your opinion on the stock? Rocky morton. All right. Okay. I know that Lockheed more as orders of over four hundred planes f thirty five, and I know that also that Boeing has reported a strong fourth quarter. Where do you think that six hundred sixteen six hundred seventeen billion dollars a budget for defense is going to go? Well, I gotta tell you lucky numbers. Just so so I was a little letdown. Frankly, a General Dynamics reported just in what I kind of number that was I do awful and and Boeing is in a class by itself. The seven thirty sevens remarkable what a great job, Molin Burke. Did I like it? That's the one to go with. Let's go to Alice in orient where my daughter lives, Alex. Jim Monsignor Kramer. We've got a question regarding Goldcorp I've held it for quite a while. I'm down quite. Bit on it. They've just been bought up by Newmont mine, and should I turn the stock over? So your mind when we look we like the Rango, which then became barrack, but we're big O believers here. Now, go out thirteen hundred we think goals, go into fourteen hundred fifty hundred we suggested everybody have a little bit golden their portfolio, and I feel really good about that. All right. Thank you Jerome Powell forgetting it, right? It couldn't have done a better job. Hey, listen, when we see people get it right change our minds to. Omai tonight on.
"fifty two week" Discussed on CNBC's Fast Money
"The only company to sound the alarm earnings take some of the names of lowered guidance this quarter Ford FedEx Macy's constellation American Airlines. And of course in video today. But do not worry because died on me is about to tell you how you should whether an earnings warning for segment we like to call the more, you know, commit a little piano learning that actually do. Actually play it live on stage here CNBC's fast money at the NASDAQ. Here you go folks guys guide to bed guidance number one percentage off the fifty two we or low. What does that mean? So how is the stock been trading? They warning as it makes a new fifty two we or is it warning as it's just made a new fifty two week low. Why is that interesting because maybe if we've seen a trough maybe that warning puts in a short term bottom. Conversely, if we're on the top, maybe there's more room to fall we've seen that number of times, by the way, at least of which was apple recently, number two past warning outcomes. How often is this company done this? They prone to give pre announcement to the negative side of the prone to negative pre-announcements. Or is this the first time I'd go back and look at the companies you're interested in to find out. And the last one is is it a trade or an investment? Why do I mention that because of its trade in my opinion, if it pronounces? Stock goes lower. The first thing you do with the pad bad position is take some off. You don't add to it. Whereas an investment, maybe it's giving.
"fifty two week" Discussed on CNBC's Fast Money
"Welcome back to fast money SOX. Posting their second worst day of the year after what has been a major run for the market with the S and P five hundred falling back into correction territory today, sell sparking fears the new year rally may have come to far too fast. Botha's Basan is at the NYSE with the latest. Hey, bob. Hello, melissa. You know, the fundamentals have for the moment put a halt to the rally, but the technical picture really has been pretty stellar recently. For example, the NYSE advanced decline line has been steadily marching forward. It is close to a new high fifty two week lows, which was a major problem at the end of last year. When almost half the was at a new low on December twenty fourth they essentially disappeared as the market has risen, that's a very important technical indicator. What's missing here are breakouts? On the upside. For example, there's only three stocks in the five hundred fifty two week highs today we've got to do better than that for real breakout. Still the trend lines have been strong so after dipping below the fifty and two hundred eight moving average on. Timber third. That was really the start of the December market volatility. The SNP crossed over its fifty day moving average last Thursday before dipping briefly below it today, again, still generally positive in the last several weeks the vix has gone full circle. It was seventeen in the beginning of the summer went to thirty six on December twenty four and then all the way back to seventeen before moving up to twenty today. Really today's the first significant update for the vix since that December twenty four th close despite today's drop the uptrend for the SNP is still intact that uptrend began on the December twenty four th bottom was tested on January third when the s&p drop two and a half percent. But to seriously break that up trend for this remarkable rally, we'd have to drop blow twenty-six ten that's still about twenty points away. So what this means is the technically the markets at a very important inflection point. If we stay at the trend line or even find some support here that would be a real positive if we break decisively blow that I'm talking twenty six ten. Around there. A lot of people are gonna eager to say, we'll retest the December lows is a lot of that talk around. You know that Melissa back to you all the banks out there saying that right now, Bob, thanks Sahni at the new York Stock Exchange. So this is all happening just as we're hitting the thick of earning season. So in terms of the ones that you're watching him curious, which ones are you're saying, that's that could be make or break here. Well, you know, we talked about the overall market stocks rallied back in this market. And we're earnings are critical Reischauer. I mean, I think you have to go to consumer discretionary. I think if you look at some of the luxury brands that to me have been outperforming, we're we're waiting to get some of the some of the auto guys that I think will reaffirm where the consumer spending is right now to me. I if these guys are reaffirming twenty nine thousand nine that is very very bullish because two months ago, we didn't think they were getting there. Yeah. Karen, I seven the names like a Home Depot, I think is addictive of so many things housing retail consumer all of that. We're not going to see that though for another. A few weeks. Yeah. Really quickly Caterpillar on the twenty eighth which I guess is next Tuesday. I mean, that's going to be fascinating people talk about valuation being compellingly low. So be fascinating to see what they say. And what clarity? They have given the backdrop of this China trade thing. I I think it's what we got not what we're going to get. That's more important. All those large-cap tech Dame's. I think are really interesting. They do the heavy lifting all the way up. We have to have them to do the lifting again. Our next guest says despite the sell off today in this whole market. There are two stocks that could be on the cusp of a major breakout. Chris Brown strategic partners is over at the plasma to go off the chart, take Chris. Hey, melissa..
"fifty two week" Discussed on WAFS Biz 1190
"Pumped it into the GDP diary. There was a massacre in the market on Christmas Eve, but we're looking at those number of companies that have made fifty two week high since then, and it's fading. It's actually the lowest in this kind of rally in this kind of. It's the lowest since we gathered data are your clients stepping back into the market on this, Jordan. Are they still moved to cash? What's what's the what's the balance? Well around the end of the year there was some nervousness. There were many many things at play the trade war, the shutdown geopolitics and many many things so clients have booked the prophets around the the fourth quarter and now with the positive momentum that we're starting to see the positive messages were hearing from the trade discussions the limited impact of the shutdown. Yes. Clients are starting to look at the markets again, and they do see some positive momentum. Let's not forget that in Q three of here. The s&p five hundred companies and autos companies have reported a twenty four percent and twenty four twenty seven percents up in earnings. So this is ten positive. There is some positive momentum. There is some consumption. So I do not think it's time to step away from the markets. There is still there are still many opportunities to grab. Ryan putting the money on the table as it were. That's something. We like Ryan we save a lot to get through. Ryan lament stays with us. But of a snapshot of what's coming up on the show. We'll talk about Saudi Arabia because they're testing the international bond market for the first time since that hashtag she scandal. Was there an impact on investor appetite? But up next Jonah hails this week's trade towards as extensive in depth and detailed the latest data provide yet more evidence of a slowdown in the second largest economy. This is Bloomberg. Are you interested in challenging and exciting career one where you can be.
"fifty two week" Discussed on 760 KFMB Radio
"So still slightly below that fifty two week high again with apple just got to expensive. I think too quickly. I think two thousand sixteen two thousand seventeen beginning in two thousand eighteen you had this big rally in it. Things don't go to the moon. So I think it just got too expensive too quickly. Because right now, the return looks pretty good from the current price and chase. I didn't hear what was your price again to clean, six seventy one. Okay. So we may so they come down a little bit because Mesa the earnings estimates reduced somewhat from from. I don't know if we will be honest because they're concerned with the revenue apple still looking for record earnings per share quarter Grasso. And the other thing people forget as they're buying back ton of stock that's reducing the share count. I think EPS is still going to be strong for the next couple of years. And the thing with apple is you mentioned people are saying, oh their business model. This reminds me two thousand fifteen when the stock went under one hundred and you know, that was a great buying opportunity as well. In hindsight. We said, you know, winter pointing with the iphone, well, they have these services the iphone isn't going anywhere. But just at two twenty five the concerns over China and the kind of relies on the iphone. I don't think the risk were properly priced in. I think now that that allures is back in there at the current price. And they got a great proclamation. I can't help looking around. I love their air pods here pods. I mean, they're fantastic. I love them. You can talk on the phone. Just pop idol. How does that look around all over the place? I see people wearing those in their ears. I mean, it's a great product. They have great products. Got the the services business, that's growing phenomenally. So again, it may not turn around tomorrow, Paul. But, but I would percentage wise how much do you? Hold of it. Less than it was. We'll tell you one big mistake people may with apple as they let their percentage go way up. I mean, we saw people with thirty four fifty percent. Yeah. And that was good. So I I would say as long as you around the under fifteen percent, you know, stay with it. And if it goes up, you'll have to start paring back a little bit because you don't want to be twenty twenty five percent of your portfolio just to be safe. All right, Paul. Okay. Then you thank you for calling Bye-bye. That's a great point about why we like apple the risks are still there. That's why you have to have a diversified portfolio. And I mean, we talk about China Larry cudlow came out, and he doesn't have any facts to back it up or anything. But he said, I wouldn't be surprised if China did steal some of Apple's technology and gave it to while away or Xiaomi. And that's why they could be struggling in China. So I I mean, those are just things you do have to be cautious of there is always going to be risks out there when you buy a company, and if this is the case where no Xiaomi and while away and Samsung, they just take over China that is going to crush apple is going to hurt. Yep. Yep. So however, they did have record revenue in the United States Canada. Italy, Germany, even develop on undeveloped countries like Mexico and some other ones as well, so China, and again, I think it shows I've talked about this on TV yesterday. Was it shows what type of problems China's really happen which is positive because a trade wars. We gotta go back to the calls here. We got a lot to do here. All right. Let's go to San Diego and speak with Jim Jim you're on the smarter show. Brent Jason help you. Hey, good morning. Chasing brits. How are you? Good. How you doing? Good. It's been a pretty good. Yo so far. Yes. I don't know if you do indexes, but I was looking at HDD. It's a it's a dividend payment index finding I'm at the age in life, right? Start liking cash flow on investments rather than just capital gains. You can talk briefly about kind of that. I'll kind of pull it up to see what's in it. Yeah. Because one thing I mean, when we talk about the mutual funds and so forth and especially dip, and I see this as the tax advantage dividend income fund. I know you're saying you get the age where you kind of more concern about the income. You gotta be careful here. I can't tell you the number of people that I love GE sell GE because dividend. I mean, it goes on and on on different companies that cut their dividends you're better off all holding the company then these funds because what happens with these funds is especially right now over the last month or two there's people cashing in because oh my gosh. Things are gonna fall apart year. Staying the course, but with that manager has to do is they have to sell some of those those stocks to meet redemptions. So it's called the net redemption. You don't come out very good with that. So you've got understand what you have. And I'm I'm not a big fun advocate. I'm not sure what their their expense ratio. Maybe chase. We'll we'll pull that up for us. But it just mutual funds. They just don't work as well as they used to because of how people get so jittery again thing up there. Chase. It's kind of strange most I can find the holdings, and so forth haven't really been able to find that. Don't see the expense ratio is just kind of this one to Jim. This has only three letter symbol UC funds. A five symbols. I'm when I pulled that up like HDD like, well, that's kinda strange. I think Kirkman might be. That's what I was thinking as well as an ATF Yan. Reuters does come up with stuff, and I'll tell you one thing that scares me. Dividend yields seven point eight percent. That tells me there's there's something strange. That's that's the only thing that that comes up on on Reuters for for us, but seven point eight percent how in the world can you pay a seven point eight percent dividend. You really have to. When the stock drops in value. It's dropped stopped a bunch of last. Two months. I was trying to figure out why. Yeah. Problem is. I mean, if you look at the S P, I think the average is about call about two percent. Yeah. I mean, eight seven eight percent even with that pullback would be cautious. I mean, they might have some junk in there that is poor quality. I mean, you might have a company like she that dividends. Like wow, four percent. That's fantastic. But it didn't pay ratio one hundred ten percent. Oh, gosh. We got our dividend down to a penny. Oh, gosh. Now that incomes guy. So that's just one thing. You gotta understand what's in this ETF. And for some reason, I can't find what's in here. And if there's some kind of worrisome. Can't find that. I'd be very cautious. Because if there's some junkie companies that cut those dividends I mean, you'll lose that income going forward. They might hold other stuff is what they might hold high. High yield data. I I don't know because it says it's just an income fund. You don't it could be somebody Mel peas in there as well. But Jim if you want to what we can because it's kind of a special situation, if you want you can call the office, and chased me, you'll have time next week, you may be more detail for it. Because if this kind of worries me a little bit let let me give me the office number. It's eight five eight five four sits. Five eight four six. Four three zero six. Okay. Yeah. That's again, eight five eight five four six four zero six shakes and spend more time kind of looking at because there's something strange here. We want to give you the ready information. But now here in the show too much time on it for you. All right. I said the problem is some investors that are over diversified. Yes. Time to comment on it. Yeah. I mean, and we actually have a formula that we show potential investors coming in there's financial form that shows you that the right number of stocks to have your portfolio's fifteen because oh my gosh. It should. It'd be fifty should be hundred thousands thousands. Yeah. No, there's actual foreign that shows you fifteen is right number. We show people come in here. And they look at Sephora probably what about three to four inches long. No one really knows about it because they can't understand it. So we show people know, here's a form that we've I think you worked it out chased two three hours time to to to do it. But it actually does work the other over diversified while I've I've gotta have stocks. I've gotta have bonds. I've gotta have tax free bonds. I've gotta have alternative investments. I've got to have gold. Now, you invest you've got to look to say where is the best opportunities. I mean right now, we just talked about apple we think apple now is a great opportunity because as a business goes, it's very reasonable. Right now. So that's what we're talking about being over diversify more common. And then we're going to get another caller. But the other thing that people make a mistake on is. It's like they'll by five six different mutual funds ETF's without realizing that you're doubling up on some things. So how I feel great. I have five six different ATS, but you might buy the SAP index by the SNP growth index the index. Well, if you buy both growth, and the S value, why don't you just by the S and P doubling up on all these different things. Enter really just over complicates things. So that's kind of a synopsis of why people are typically over diversified. It doesn't work for in the long-term. I read Jim interesting. Yeah. I guess cases. The black Scholes of. Damn right. Yes. Exactly. Conversation with the next week. I'll do that. Thanks. Okay. Jim. Bye. Bye. All right. I'm gonna take a quick break. When we come back. Gosh. So got Richard Don next on that order, but we got to get back to them. So you listen to smart vegetable Brenton chase on AM seven sixty K from be stay with us. We'll be right back..
"fifty two week" Discussed on Animal Spirits Podcast
"There are no buyers. It's just puking. And that to me is not a very good thing. Would you say that the sellers are in control? I would say the Sella's control their firmly in control. Now when I say that worries me I need to put some context around that. I'm not worried about a bear market in the sense that like lower prices is going to be the end of the world. I think that bear markets are totally normal and they happen, and we should expect them and prepare for them. It had a time. And it's all good. I just think that if I had to bet on us being the our current low, I would say probably not. But however, let's just bring some data into this. So urban Carmel wrote a really good recap of where we are in the market. And he said, it's encouraging that investors haven't become more bullish than he's looking at a I admit and some other stuff, but it's a bad sign equities won't rally with bear sentiment. The time has come for this to matter or different investing environment is probably arrived. And here's a good statistic. So Marty's wags breath measure, which is a sixty day ratio of the NYSE. Fifty two week. Highs to lows fell to a cyclical trough this week what this means is that a high proportion of stocks have dropped to a one year low, and he highlights chart which will include in the show notes highlighted below are thirteen similar occurrences over the past forty years in all, but one the s&p five hundred was very near a tradable low using data from sediment trader, so when we have been in this type of situation as usually marked if not bottom close to a bottom, and I guess the point of this all is that like, I am probably consensus. I am probably the crowd in terms of like getting nervous at the wrong time. So I guess we will see and by the way, we're recording us on Monday morning time stamp could be different by by the tennis airs. I think let me lay out the perfect scenario whether it happens now, or whether this is just a bump in the road or twelve months, eighteen months, twenty four months, I think honestly, the perfect scenario is a very shallow recession in a run of the nail bear market that see stocks fall twenty twenty-five thirty percent, but not. A two thousand eight scenario which everyone I think in the doomsayer camp has been predicting. So I I would love to see just a run of the mill recession in run of the mill bear market, which means it probably won't happen. But I would love to just get one of those out of our system just to show people that every time stocks fall or the or a the economy slows it doesn't mean that it's going to be close to teetering on the end of the world. Well, we had to and you cannot give it to be of otherwise we have one in two thousand eleven and we have one in two thousand fifteen twenty sixteen. Yes. And I guess a lot of people economic. People pundits are saying maybe they won't in two thousand fifteen twenty sixteen was something of a mini recession that didn't actually get there. In terms of the the numbers because we had such a slowdown in energy in those types of things. So what here's the other thing why this is like so difficult because you know, that when stocks go down there riskier in the short term, but they become more attractive in the Long Island..