Nasdaq 6,000 Pros & Cons
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 25 April 2017
⏱️ 20 minutes
🧾️ Download transcript
Summary
Nasdaq tops 6,000 for the first time ever as a bunch of well-known stocks hit all-time highs. Matt Argersinger analyzes the pros and cons (yes, they exist) for investors. Plus, we discuss Caterpillar’s blowout earnings report, Netflix’s licensing deal in China with IQiyi (subsidiary of Baidu) and why you might want to avoid watching “Iron Fist”.
Transcript
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| 0:17.2 | It's Tuesday April 25th welcome to market foolery. I'm Chris Hill joining me in |
| 0:21.2 | studio today for a million dollar portfolio. |
| 0:23.2 | Matt Argus singer. Thanks for being here. |
| 0:25.2 | Yeah, I'm glad to be here. |
| 0:26.0 | Jason mentioned this yesterday. Just how many companies that are on |
| 0:31.9 | the million dollar portfolio either the watch list or actually |
| 0:36.9 | in the portfolio that are reporting earnings. So I always appreciate it when you're |
| 0:40.5 | in the studio but I particularly appreciate it this week because I know |
| 0:44.4 | how busy it is. Oh thank you. And you know a lot of companies reporting earnings |
| 0:49.5 | today but I think we kind of have to start with the market in general. |
| 0:54.4 | You got the Nasdaq hitting 6,000, which of course is making headlines because |
| 0:59.2 | it's a big round number. |
| 1:00.3 | But how about this for a list of companies home depot loz McDonald's dear honeywell |
| 1:07.4 | United Health 3M mastercard paypal Adobe Arts, Activision Blizzard, Microsoft Alphabet, and Facebook. |
| 1:16.3 | They are all, all of them hitting all-time highs today. |
| 1:20.7 | That's pretty much everything. |
| 1:22.4 | That's, I think. Yeah, that's not a well. It's tech. No. It's health care. It's home improvement. It's restaurants. It's across the board. It's across the board. |
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