Market analysis with Jim Lowell

Title: Market analysis with Jim Lowell

Published: Wed, 15 Jul 2009

Description: (NECN) - Intel keeps Wall Street on a winning track. The Dow Jones industrial average closed at 8,616, jumping nearly 257 points-- or three percent, one of its biggest gains this year. The Nasdaq composite finished at almost 1,863-- climbing...

Get Adobe Flash Player to see this content.
+

Automatically Generated Transcript (may not be 100% accurate)

" Intel keeps Wall Street got a winning track the numbers. The Dow Jones Industrial Average closed at 8616. Jumping nearly 257. Points or 3%. One of its biggest gains in the year the Nasdaq Composite finished it almost 1863. Climbing 63. That's three and a half percent S&P 500 ended his more than 933 rising nearly 27. Almost 3%. Regionally Bloomberg's New England index gained seven and a half points. The New England tech stock index went up nearly three and a market analysis tonight Jim -- chief investment strategist at adviser investments. And editor of fidelity investor dot com welcome Jim could -- just well he hated that it last night the -- that makes its biggest gain in three months and we have been so I guess the thanks for that."

" We absolutely did and that would Hollywood I would go we thought we would get nothing derail this market's enthusiasm. For Intel's release -- extraordinary earnings related news. And revenue forecast and going forward basis neither the economic data that day nor follow on earnings from the -- did anything other than suggest. That this is an economy and that's the market. That's likely to remain in recovery mode but CPI was up a bit but certainly nothing to rave about -- no not at all and it ticked up just just a bit but certainly a lot of consensus estimates and that. Year over year trend. Is still reflects the absolute crisis period last year store and reflects basically. The deflationary trend I think though that the new administration would really like to see some inflation. In these numbers because without that the question ability of whether or not. Growth is gonna make a comeback remains an overhang for their stimulus plans and it's affected. Looking at that Intel come back for a second what does that tell you about tech stocks in the weeks and months it tells me is that pretty much has done -- are gonna likely be the leaders of this recovery. Really I think not just this year but we're going out over the next year or two. In particular we know that there hasn't been any sort of macro upgrade since Y -- K cross businesses from different sectors and industries. And given the need today to basically fund. Production efficiency without. Hiring tens of thousands of people to turn to technology in health and other Microsoft about to roll -- A new office versions and I think the scream for technology. With them on missteps along the way it looks basically gray whale oil prices seem to be in check. Hope prices have been injected and there are some interest these sort of counter influence is going on one of the key things though is that. Oil prices are likely to move higher they did that today it was a surprise in the inventory report the bigger draw down or actually just to draw down which is not expected. Longer term trend for oil is basically double the price this time next year from car price well well. All right what about Thursday market movers. Well -- some earnings is but I really think it's gonna be the jobless claims numbers in particular that set the tone. We do you get builders' confidence index some other key economic data but really this market will likely -- cause. And wonder what she is gonna tells on Friday and even as we're speaking. CI TV major lender to small businesses looks as if it's not gonna get another round of bailout from. The new administration that could definitely troubled streets tomorrow fields -- yes. Whether certain kind of hold our breath for that GE report absolutely -- market analysis tonight we have Jim hello thank you Jim I said."

Related Video and Audio

2002 interview with Martha Coakley on priest sex abuse

2002 interview with Martha Coakley on priest sex abuse

A 2002 interview with then Middlesex County D.A. Martha Coakley on the subject of priest sex abuse. The interview was part of The Boston Globe's coverage of the subject and first appeared on Boston.com in early 2003.

Video|Mon, 23 Nov 2009
|attorney generalfound at0:47, 2:13

“…selfish way -- you were more concerned about our reputation. And our priests were outside your -- we don't have to answer to what the rest of the world has to. On insist in some cases that nothing happened that they had resolved the problem. That is a huge failure of both of our system. End of the church. As prosecutors we always have a healthy skepticism level institutions and nothing would make me angry here and I believe it's -- have the attorney general Tom Reilly Kevin -- all of whom grew up in it in a Catholic Church but also to note that. Whether it's a bad cop it's a teacher who uses a -- it's a priest who takes advantage of on the cloak of authority to hurt someone if anything I think we're -- to greater indignation and anger about that if anything. Our training experience. Makes us the most angry about those who should be very least involved …”

“…other trusted adult about it. This kind of predation whether it's with clergy or any other had a file. Happens in secret when children don't feel free to disclose what's occurred to them and invest …”

Globe 10.0: Why haven't the Pats lost back-to-back games?

Globe 10.0: Why haven't the Pats lost back-to-back games?

(Boston Globe) In this episode of Globe 10.0, Bob Ryan and Charlie Pierce analyze the reasons why the Patriots have been so successful in not losing back-to-back games. (By Alan Miller, Globe Staff)

Video|Mon, 23 Nov 2009
|everybody's gonnafound at1:02, 0:05

“…he would welcome back it's still it it it is served seven Odyssey in very very good stead. And now I've been yep -- coaching think everybody's gonna wanna say that have to be something going on thereof but think that not just Brady but certain veterans. Because obviously aren't …”

“…I am Bob Bryan's -- ten point oh with me today Charles. Peers you know if you're betting man the locked it to be -- is …”

CEO Corner: Mark Asnes of Wireless Zone (part 3)

CEO Corner: Mark Asnes of Wireless Zone (part 3)

(NECN) - Every week on CEO Corner we go one on one with New England's top business leaders to learn the secrets to their success. This week Maryanne Kane is joined by Mark Asnes, COO of Wireless Zone. In this segment, Asnes talks about the...

Video|Mon, 23 Nov 2009
|dslfound at1:20, 2:24

“…I think is amazing about the MiFi and we do so in our stores say is that he can take it what you're so if you're traveling and traveling group. You know not every one of he has to have air card with only one of Pacificare car with the and -- have of the five devices connected to us in -- five laptop to get through laptops and an iPod or any other device that detects Wi-Fi. I'm I think going into 20102011. Point four -- comes out and do of the first things that comes out. Won't necessarily be a phone it's going to be he MiFi device to have speeds up to ten times what you're used to. When your typical air card today so nice talking about displacing here cable and DSL at home and facing everything's focused right on the cell. …”

“…That I where people go as a destination to learn about technology wireless technology and feel comfortable being short ever think about going abroad with this concept. We think -- saturate the United States yeah I traded yeah right now we've been just an going to the west or some other parts of the country has …”