Transcript:
Tom Vaughan:
Hello everybody, welcome to Thursday. The S&P 500 was up .34% today. I like to talk about the S&P 500 just as the single index. If you have to talk about one, I think it’s a good one to talk about. And most of the times, it does a pretty good job of kind of representing what happened for today. But today, it really was about the tech stocks and the NASDAQ index, which was very strong today, we saw some really good moves.
Nvidia reported their earnings last night, and projections for what they see coming forward. And the market, certainly like that, it was about eight and a quarter percent. by the end of the day. We saw Apple talking about, you know, the possibility of an electric car. And that made that stock move again, for the second day in a row pretty strongly. Google had a good day, etc. So we’re seeing some, some motion coming into some of these stocks. And, and again, I still think this market is fantastic. The S&P 500 just hit an all time record close again, and so did the NASDAQ actually.
So these are good times to be an investor, we’re really going to be able to kind of see what happens here as we get going. We have several other pieces coming up, we were going to announce possibly by the end of this week, or this weekend, who the next new or existing a Fed governor will be. And so that will be interesting to see how the market absorbs that and there’s all kinds of things that are going on. But overall the basics for what are driving the market hasn’t changed for a really long time. And we’re continuing to see motion coming into the market. You know, once in a while things settle down and fall for a bit, but then they seem to come back pretty quickly.
So very good time to be an investor. So look forward to talking to you tomorrow. I have my show tomorrow. I do my summary on the market for the week. We’re going to talk about a couple of different things that I think are interesting. And again, that show is from 12:15pm to 1:00pm Pacific Time, every Friday. So look forward to seeing you then. Thank you very much.