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Thank you for that -- fossil ask -- walker are welcome -- thanks for joining us -- picture.
Immediate reaction heard from poll this month sticks out now I -- that -- after markets bidding shares higher but the revenue was a little -- a three billion street was looking for three point 03 billion despite the nice.
Beat on the EPS.
Who we like the market here we like whole foods we like god it's -- cyclical area especially we're trying to get away.
From the other traditional stocks Procter & Gamble Johnson Johnson.
They consumer staple stocks to a moving away from those stocks going into -- right now.
Larry it's very existing aren't gonna get right -- -- but I wanna go back to Larry Joseph -- for a second.
How much longer we -- we're we're hearing now whole foods mr.
revenue how much longer can corporations -- he's healthy earnings -- good.
Good -- margins but no revenue or miss on revenue.
I don't know I think it's all about momentum people are I are suffering with a top line trends.
Are suffering and revenues suffering like his seventh seemed like earnings per share are beating over what savage doesn't doesn't elaborate rabbit who eventually catch up -- -- -- yes yes yes but -- -- consider this we're not drawing well at 2% GDP and it seems like the stock market is OK with that right now so it seemed like for the time being.
We'll continue to grind higher even though revenues are missing that's not saying that -- -- I'll -- the stock market I would not.
However I wouldn't get out of the stock market either OK so which shares -- whole foods the -- 7% if we didn't have such broad market's strength right now.
Well I think it should be up because given the the last three months it's been down and I don't I don't -- percent.
Yeah but you consider what what the rest of the stock market has done that's pretty -- on their performance especially get what do you say ladies hats wow -- tyra let's bring you back in so.
PNG all of the all of the double initial stocks and we have -- what's with a big dividends the consumer staples you're saying it's -- that.
-- way they've had their run up.
It's -- did just a whole lot of them if you've got -- but not by war and get it to other sectors now a lot of ETFs that you brought along with us.
That sort of represent those other -- -- sectors I wanna start with Biotech.
This is an area we have been focusing a lot and it's it's been going up but nowhere near as much as a consumer staples IDB.
Is a good ETF if you want to buy into them explain.
Absolutely -- year to date IBBs up 26%.
No we like that sector right now we think that biotechnology.
-- about -- taken the market to this point.
And we do believe that by -- technology to continue to go wire along with -- I said -- the cyclical stocks.
-- the oil drillers and the industrials.
We do -- hope -- we do like.
Johnson Johnson Procter & Gamble we just think that they've moved up -- office and the new money I call into cyclicals look for the new body where the nobody's going by the.
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