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And helps out let me go to Chris -- wrestler because Chris we were -- about Europe before let's talk.
A little bit about China.
China's slowdown continues though it's still growing we should say but it is growing at a at a slower clip when do you think if at all that affects our markets.
I think get to pay attention to the credit markets over there.
And whether the government's going to step in and provide some support and liquidity by the way we should mention so far they haven't and actually back.
So that really hit it the Asian markets -- but it didn't hit us hard why not.
I think you're having you know shift out of the emerging markets -- you're seeing moneys flow back into the US domestic equities and that's providing some support.
It's a safe place we know that our county -- -- probably a lot better than other places in the world and that's what we can.
Don't -- what else do you count on the we know that we can count not a lot of talking fed heads in the next several months.
When do you think we can count on seeing some tapering of the bond buying program as the economy stabilizes Chris.
I think we're seeing that as the economy gets better so it's more of an option that the Fed has to taper.
And I believe that it's going to remain accommodative.
-- only reduces.
Some of the fiscal stimulus that are the stimulus -- the putting and so they're continuing to be accommodative.
We think equities are -- great place to be in particular small caps going forward by the way oil is -- shooting up another 1% about one and a half percent today.
Close that 100 dollar mark you've got a couple of oil plays one is Halliburton.
And the other superior energy both are into the infrastructure of the oil this is why -- -- With royalties price levels -- capex budgets are gonna continue to be very buoyant.
It was a slow start to the beginning of the year we think those budgets get spent here in the second half these are two well run companies.
Superiors more -- play domestically.
Halliburton allows us to play globally.
And this is a way that would -- global company we can get exposure.
You know Lincoln this on a day whereas McAuliffe mentioned to us -- what jumping 9%.
But we also had oil higher on what is a very disconcerting situation in Egypt.
Somewhat of a standoff between the military and we're see who is the president right now and a million plus protesters I believe we have what pictures that we've been watching.
Throughout the day because now with the darkness descending at you still have those crowds refusing to leave by the way they go as far as the eye can see.
We should mention that and it was not a fireworks -- is it saw its best of now but you know how quickly these things could turn like him.
What happens to oil if anything happens at this crowd.
Well I think you've seen a lot of ads spread between brand and Debbie TI commie and because of that -- that.
That's the pressure really on the oil complex more broadly that there is there continues to be this large headline risk not only.
-- what's going on in Egypt but what continues to be deteriorating situation in Libya and in Syria.
And really no negotiated are negotiable and insight clearly the G-7 -- no warm and Fuzzy feelings between our friends in Russia.
And our President Obama and so really the ability to.
Acts pro actively and collectively to help let some of the air out of these very tense situations.
It just doesn't seem to be a possibility and therefore highly sensitive commodity prices like that of oil are gonna react accordingly.
But Liz you know the interesting thing is that when when you and I were covering us.
What happened in Greece is the situation -- remember about two years ago when they the riots in the increase it affected the markets tremendously but now Chris.
Again we seem to be beyond that let me ask specifically about size of companies because there has been.
Today -- we saw the Russell 2000 do very well much better than that the regular markets that being the small and midsize caps do you choose any particular size company -- -- -- environment.
-- we like small caps right now we think that there are less exposed internationally the emerging market companies.
Their balance sheets are incredibly better than they were 45 years ago so with a rising rate environment which is what we -- seen.
And if they -- continue here we think the small cap companies will be benefiting.
What is your side window trade Chris that I I'd like to use that term sometimes because I think it's sort of if you had a a little pile of money.
Your battle buddy buddy you -- afford to lose where would you put it right now is there are kind of a -- sector at the moment where you think it may or may not do well but I'm willing to take a shot -- -- I think ahead of semi -- west next week you could be looking at -- -- equipment going into the back half of the year semiconductor capital equipment corrected this is the quiet time it is the year the summer.
But I think they'll be some surprises coming out of -- applied materials some of these other names there's been a lot of there's been a lot of from -- and -- -- regents that the one who small name that we like a lot his form factor it's been going through a turn around it's made an acquisition about a year ago it's integrated it great.
It it's just about to hit return to profitability so we think there's some really great.
Potential there over the next six to twelve months I love that question -- mad money maybe you could take some of the profits off the table right now.
Committed to some of those.
So those out -- stocks like that idea thanks everybody Chris wrestler like -- -- -- gonna check back with in with you in just a few minutes on the S&P futures close.
Thanks well pathetic and embarrassing that's what one former strategist calls the Fed's reaction.
To the markets last week you know when all the Fed officials came out.
Was this the -- trying to hobble Wall Street is that a good idea Stephen Roach senior fellow at Yale University former Morgan Stanley Asia chairman.
Joining us which is.
Very strong opinions coming up.
It's big interview there plus all this week we're bringing you top strategists and different sectors.
To give us their second half set up what supply in the second half -- to a point in their sectors and what friends.
-- emerge -- next we are focusing on pharma.
And we would love to hear from you.
Actually more likely to see -- in the second half.
A pull back 10% correction log on -- FaceBook dot com slash after the bell we will read your answers later this hour.
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The middle of this special moment and I need to run off to the bathroom.
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Have my -- So to -- and finally talking to my doctor about -- plan.
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Talk to your doctor about -- BS.
Breaking news and now we have mark Pincus the former CEO of Zynga and of course the founder issuing a blog posted which she says.
If I could find -- -- person to run this company it would feet.
-- Metric and you know this is the guy who came from.
As we set -- Microsoft.
And -- -- will be the new CEO Zynga the stock is responding extraordinarily positively to it up 10%.
During the regular session.
Continuing most of those gains in the aftermarket session -- higher believing they ask is three dollars seventeen cents.
-- mark Pincus was having some troubles he was struggling again the founder of the real genius behind Zynga but.
Look you cannot just be one company for one other company depending on say for example FaceBook and that's what started to happen it's been a struggle since the IPO.
Think -- realize maybe if we want -- this thing to see it all the way through we better bring in a grown up and that -- is he's a 49 year old who has been for several years at Microsoft running the Xbox and entertainment business and David.
He's also suspend several years at electronic parts of a cult that -- is looking at this -- it's an exciting one -- day.
She's also looking at Netflix.
Which is rising after they announced another content deal.
Question is how many they can actually afford with all the stock prices the stock values increase so much -- -- probably -- quite a bit right -- -- unbelievable Netflix just keeps it -- sit up and -- up some more and now another addition for these subscribers here of new girl.
He married popular from 20th Century Fox television which is under the umbrella.
21 century fox as -- this is a new multi year exclusive deal.
Of this of this series you -- which is incredibly popular and that goes on top of over the recent.
I've Disney that deal that they did not long ago I was on -- six and quarter percent.
Actually good stuff to go thanks -- -- -- -- -- -- -- -- -- -- -- -- -- -- On the day that his -- A huge teetering out lives as you pointed out earlier David also put it out something in the earlier section about.
You know we're very light volume this week even coming into work this morning very light volume on that.
On the roads here in Chicago and that was gonna make for a volatile trade obviously eyes focused on Wednesday.
The beginning of the job strap again so we'll take a break on Thursday for the holiday and then Friday we'll get right back into it.
Scrutiny scrutiny -- all the way across the board in the ISM numbers.
In the GDP numbers and now into the actual employment component because that is.
-- piece on which this economy arrests and any further upside in the equity markets.
All right we have some more breaking news on a very busy stocks one that's really getting -- highs has been hitting highs for awhile now.
Mostly because of the work of Robert Iger who the board it just loves over Disney they love them so much that they have extended.
His tenure as CEO and chairman throw the expiration of his contract.
On June 302016.
That that is a fifteen month extension and who knows where to go from there we see the stock not really reacting after hours a lot of people respecting this will be done but again.
The board at Disney loves Bob Iger and they're proving it.
With his contract extension -- -- a stop just about three dollars below its 52 week high it's done very nicely.
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