THE MARKETS I WANT TO BRING IT
RUINED HIS PORTFOLIO MANAGER
OVER AT RIVER PARK, LARGE
GROWTH FUND, MITCH GOOD TO HAVE
YOU WITH US THIS MORNING.
WHAT'S DRIVING THE MARKETS THIS
MORNING FROM YOUR PERSPECTIVE.
>> A GREAT TO BE
WELL, YOU KNOW RIGHT NOW ITS
EARNINGS AND LIKE THOSE IT TO
BE AUTHORITIES IN MOST PEOPLE'S
MINDS. MARKET SAID YOU KNOW THE
EXTRAORDINARY RUN FROM.
THE DEATH OF MARCH OF 2021
COVID FIRST CAME ON
THE SCENE RIGHT NOW PEOPLE ARE
TRYING TO DIGEST WHAT IS
STRENGTH OF THE ECONOMY WHICH
IT SAYS ARE
DOING WELL IS COVID GOING TO
WE'RE BACK
UP AND IT'S ROUGH BEING WHICH
COMPANIES ARE THRIVING BUT FOR
TRUMP.
>> SO LET'S BREAK DOWN THOSE
BOTH BECAUSE THERE'S THE
CORRELATION OF COURSE AND HOW
COMPANIES WHEN THEY DO REPORT
EARNINGS THEY HAVE TO
GIVE AS MUCH FORWARD LOOKING
GUIDANCE AS THEY CAN AT THIS
POINT IN TIME, ESPECIALLY
CONSIDERING THE MURKY
ENVIRONMENT THAT WE'RE STILL
TRYING TO NAVIGATE THROUGH IN
THE
TAIL END OF THIS PANDEMIC AND
THE DELTA VARIANT OF THE
DETRIMENT THAT THAT HAS ALREADY
STARTED TO CAUSE WITH SOME OF
THE CASE COUNTS THAT ARE NOW
GETTING BACK TO
APRIL LEVELS IF YOU ARE A
BUSINESS LEADER RIGHT NOW AND
YOU ARE TRYING TO GIVE THOSE
FORECASTS TRYING TO GET THIS
FORWARD LOOKING STATEMENTS YOU
KNOW HOW DO YOU FACTOR
ONCE AGAIN IN COVID TO THIS
ENVIRONMENT WHERE YOU ARE JUST
STARTING TO REOPEN.
>> INVESTORS IN THE STADIO ON A
GOOD DAY AND MAKE IT ABOUT YOU
KNOW ANY POSSIBLE ISSUE THAT
COMES UP AND FOR A
BUSINESS LEADER. WE'RE A LONG
TERM MORNING TO FULLY MANAGER
LIKE US YOU KNOW WHAT'S MORE
INTERESTING IS HOW IS THIS
DIFFERENT DISHES THAT I FIND
IT.
>> IT'S A REALLY OUR TALENTS TO
BE A
PUBLIC COMPANY. A CEO OR CFO
AND INVESTOR IS IT'S A NEAR
TERM IS.
>> REALLY VOLATILE AND PARKING
HERE'S OUR VISION FOR THE
FUTURE. WHAT HAPPENED NEXT WEEK
OR
NEXT MONTH.
>> IT'S A LITTLE HARDER TO SEE
RIGHT NOW BECAUSE THERE'S A LOT
OF THINGS CHANGING MARKET
DOESN'T HAVE A LOT OF APPETITE
FOR THAT IN TERMS OF
CREATING IT IS A REACTION AND
SO YOU GET THESE REALLY FOLLOW
THE REACTION TO EARNING
DIRECTOR. YOU KNOW THAT DANCE
THAT FROM OUT OF NOWHERE AND
QUESTION IS HOW DO YOU PAY FOR
IS THAT I DON'T WANT TO OWN
THAT 5 OR 10 YEARS. YOU KNOW
WHAT MIGHT HAPPEN NEXT
STEYER WEEK OR SO IS LESS
INTERESTING THAT LAST YOU KNOW
BE WANT TO TRADE AROUND
A PETITION. RIGHT NOW IF YOU'RE
A CFO OR SEE IOWA. IT'S THE
BEST THING YOU CAN DO IS DEFEAT
TRANSPARENT AND HONEST SAY NO
HERE'S OUR BUSINESS DECISIONS.
HERE'S HOW THEY'RE ADAPTING
THANK
IT. IT IS OUR HOPE FOR THE
FUTURE AND WHY WE THINK FOR
STOCK IT'S GOING TO BE A LOT
MORE VALUABLE AND ESTHER
WITHOUT IT.
>> WE RECEIVED A SLEW OF TECH
EARNINGS OVER THE COURSE OF
THIS WEEK YOU KNOW AS WE JUST
KIND
OF THING BACK TO ALL OF WHAT
THE COMPANIES HAD TO SAY HAVE
TO REPORT OVER THE COURSE OF
THIS WEEK AND MOST RECENTLY
AMAZON JUST YESTERDAY AFTER THE
CLOSE THAT STOCK IS ACTUALLY
SEEING A MAJOR DEFOE ING ITS
REPORT. A MISSING AKSAMIT
ESTIMATES THERE ARE AT LEAST
REPORTING THAT MIXED BAG THAT
WE'RE WATCHING MISSING ON
REVENUE BUT BEATING ON EPS YOUR
REACTION TO AMAZON EARNINGS AND
THE ECONOMY ARE SAYING RIGHT
NOW ABOUT 6 AND A HALF PERCENT
PREMARKET.
>> YEAH, I THINK
>> L IS FOR REFLECTION OF
ANALYSTS STRUGGLING IS IT A
BUSINESS ON A QUARTERLY BASIS
THINKING AS THE AMAZON
TO SIR AND HE YELLS LANDSCAPE
AND I THINK THE FACT
THAT AMAZON FROST EARNING STRAP
PANDEMIC AND IT'S LIKE THE.
LAST NIGHT THE FUNCTION OF
EUROPA HERE CARES FOR BUSINESS
THAT YOU KNOW HAS ADAPTED IT
WERE NARROWLY WELL TO KNOW VERY
DIF IS STUNNED
BY IRMA AND THAT IS THE
ENVIRONMENT, YOU KNOW WHEN
YOU'RE COMPARING EURO ERA AFTER
THE 2ND QUARTER LAST YEAR.
IT'S HARD TO READ AND ON A DAY
TO DAY OR WEEK BASIS. SO I
THINK
THE ANALYSTS WERE YOU ARE YOU
ON THE QUARTER RELATIVE TO WHAT
THE FAVORITE. IT IS
OBVIOUSLY EFFECT OF THESE YOU
KNOW HAVE THIS I WE DID GET
THEIR TURN TO BE RAISED TO THEM
ABOUT IT.
THE STOCK IS REFLECTING THAT IF
IT STICKS TO BY A NEED TO
DISCUSS IT MARCH MUCH HEALTHIER
TODAY THAN IT WAS PREPANDEMIC
SO-CALLED SUPER BUSINESS GETS
IT PAST THE CHAIR AND IT'S
GROWING STRONG IN EVERY REGION
UWS TO CELEBRATED THE
POSSIBILITY THAT THIS
BABERS YEARS THOUGH IS WHILE
HIGHER AND THE STOCK IS WROTE
THAT THE CHEAPEST SO YES THAT'S
PRICED STOCKS DOWN A BIT.
ANALYSTS SET
THEIR NUMBERS AND THE REAL
QUESTION IN 5 YEARS FROM NOW 10
YEARS FROM NOW OR
GOING TO BE 3, 4, 5, TIMES BUT
THEY ARE TODAY, I THINK THEY
ARE IN WHICH CASE WE'RE GOING
TO GO WHERE