GBA Presents: RADIO SAVANT-!

Clothing and footwear
Some 92% of apparel sold in this country, as well as 68% of home textiles and 53% of footwear, were subject to higher tariffs that began September 1,accordingto the American Apparel and Footwear Association.

That's led department stores like Macy'sand J.C. Penney to warn analysts on Wall Street and politicians in Washington, D.C., of higher clothing prices. The biggest retail chain, Walmart, reports it has been able to absorb the tariff costs so far, but warned of passing price increases to the consumer at hearings in Washington over the summer.
 
Regarding Ukraine--

We are at a point when it is really important NATO call Putin's bluff.

There is a water embargo by Russia in the Black sea one idea is to force the issue there
and escort some grain vessels out and use the feed the world excuse as a way to back Putin down. This is being discussed.

I rather think the time has come for a no fly zone. I take a large part of the Ukraine and call it off limits. Create an arc of protection that guarantees supply lines. And at the same time protects the two countries considering joining NATO.

Stay on your side of the line and bomb away at the ruined cities if you want.
 
VAN WE ARE UP HUGE! Stoney discovery Van GummY What a team!
ZIM Integrated Shipping Services Ltd. (ZIM)

68.12+3.42(+5.28%)<----------------:thumbsup:
As of 10:24AM EDT. Market open.

 
It's interesting these two are moving in absolute lock step-- Might be the power of the Cathie wood fund.

A) Splunk Inc. (SPLK)

96.36-2.54 (-2.57%)
As of 10:26AM EDT.

B) UiPath Inc. (PATH)
NYSE - Nasdaq Real Time Price. Currency in USD

16.93-0.48 (-2.76%)
 

Zoom’s 85% Selloff Has Gummybear Analysts Calling for a Rally
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Most major companies now offer employees the flexibility to work both from the office and from home, though even that has faced challenges due to rising Covid cases in many countries. Apple Inc. this month delayed a plan to require workers to come back to the office three days a week. Credit Suisse Group AG Chief Executive Officer Thomas Gottstein said he doesn’t think banks will ever return to working full-time from the office.

All of that bodes well for Zoom, which unlike some pandemic darlings is still showing growth in its key metrics. After a more than 12-fold rise in sales in its last three fiscal years, analysts expect a 12% increase in the first quarter.

Compare that with Netflix Inc., which wasn’t able to sustain a massive pull forward in new customers during the pandemic and shocked Wall Street last month with its first decline in subscribers in over a decade.

Analysts like Harrigan think Zoom’s product offerings can make it a post-Covid winner as more employees seek flexible work arrangements.

“I think the Street is not filtering through all the tea leaves with Zoom,” said Daniel Morgan, senior portfolio manager at Synovus Trust. “They’re just kind of stamping it with the stay-at-home Covid trade like Amazon or Netflix and are not really looking at the bigger fundamentals.”

Morgan Stanley analyst Meta Marshall says the quarterly report should act as a catalyst to disprove the overly bearish sentiment about Zoom’s growth.

“Renewals for contracts signed in the early stages of Covid will have passed for another year in the March/April time frame, which will provide a better view-
 
Shame on me. One is never going to get rich if they keep doubting the market. If they keep taking small scraps of success... Should of held!

S&P 500 (^GSPC)
SNP - SNP Real Time Price.
3,948.08+46.72(+1.20%)
As of 10:37AM EDT.

 
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