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Decoding Wall Street editor Brian Sozzi breaks down where to put your money in today's market.
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So much from the fox newsroom what -- -- quarter earnings season is less than two weeks away my next guest says it's going to be one of the most riveting yeah.
Of the post recession period what did you buy seller hauled before the season starts Ryan says -- decoding Wall Street is here with earnings survival cut riveting is that a good or a bad thing forced.
In this case is bad Charles because I think in the first quarter you saw many companies may be little profit margin expansion here did okay on sales.
Now I'm thinking maybe more crack in the ice -- okay S&P 500 let's take a look here's the white chart for the S&P were thirteen eighteen -- -- -- Other can't I think we're looking at thirteen fifty by end of the year you can see it sideways trading action my bias is to be honest short I -- this point -- nothing do want to show.
-- some -- we're gonna get to some names first let's get to your buys in the ones that you like a particular you'll like JPMorgan Chase the year -- -- the stock.
Is up about 6% what do you like JPMorgan Chase reported cases still -- in.
Period I know they've had a lot of -- over the past couple months but you wanna maybe try to scale into this at this point great dividend yield most of -- news might be behind the company at this point.
Okay behind accompany this point elect that would Goldman -- like this one as well the stock is at 91 dollars from Goldman -- correct I mean do you have on both these -- portfolio -- would be JPMorgan over Goldman but still those the -- wanna go okay Goldman Sachs and and then here's a year to date -- this stock sell -- for a show the last year.
-- chart the one year.
Look at that the stock has jumped 30% over the last year you know worried about the pressure that we've seen -- Goldman sat well there are questions I mean I don't know what -- what they own basically and does the -- a cumulative -- months does that -- losses.
Potentially sure okay our outlook on -- Cisco another interesting pick for -- and here's the when he tried the stock is at sixteen.
Eighty Q right now Cisco here today is down about 6% -- -- Alexis well at least is gonna actually shorting -- do you shortage shortage of because I don't like negativity expressed on their prior earnings call and I think when you see that just the global weakness -- -- itself no reason to want okay I do wanna point out to our viewers are just really really quick god if we look at Cisco.
Overhead the chart in particular it's been a rising just a little bit here over the last few weeks would you still short the stock even though we're saying this new pregnant one and this is this an opportunity now you wanna sell into strength maybe take some profits -- especially -- -- -- -- OK can -- now tough talking about Caterpillar -- -- 100 -- when I'm not I'm not a big fan of its high sell low multiple -- -- -- industrial.
In a normal trading environment you this high quality neighbor right now you don't wanna -- -- you don't know.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Some of the names that you're shorting really quick you're shorting JC -- he's shorting.
That's -- fundamental -- carried both those companies were okay we'll talk to me about this you why do you not know this on my bail.
Are not winning you wanna deal you wanna go names that -- like Rocky Balboa in rocket bubble over to you are winning JC Penney Best Buy pricing pressure -- is not going to the store.
Don't want any sort -- them short them -- ADP also you're shorting your telling your clients to -- a third I think you need to I think you -- out make indictments of these -- -- -- fall while the dividend payers of Brinker and ADP no reason B Stanford MB trading we're we're just well the income look nice I have good -- thank you very much thank you.
