Home Depot is building up a big rally, says top technician

Last week’s wild market swings hit nearly everywhere on Wall Street. If you zoom out just a bit, are there any areas in the market that have provided a relative safe haven? As Cornerstone Macro Head of Technical Analysis Carter Worth pointed out Friday on CNBC’s “Options Action” that yes, there are. While other stocks have struggled, the current interest rate environment has helped keep this group afloat as it gets easier to borrow money to build or renovate housing. Even in periods where Home D


Last week’s wild market swings hit nearly everywhere on Wall Street. If you zoom out just a bit, are there any areas in the market that have provided a relative safe haven? As Cornerstone Macro Head of Technical Analysis Carter Worth pointed out Friday on CNBC’s “Options Action” that yes, there are. While other stocks have struggled, the current interest rate environment has helped keep this group afloat as it gets easier to borrow money to build or renovate housing. Even in periods where Home D
Home Depot is building up a big rally, says top technician Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-19  Authors: tyler bailey
Keywords: news, cnbc, companies, worth, homebuilder, rally, way, depot, technician, market, rate, weeks, big, thats, pointed, interest, building


Home Depot is building up a big rally, says top technician

Last week’s wild market swings hit nearly everywhere on Wall Street.

But how about over the last month? If you zoom out just a bit, are there any areas in the market that have provided a relative safe haven?

As Cornerstone Macro Head of Technical Analysis Carter Worth pointed out Friday on CNBC’s “Options Action” that yes, there are.

“We’re going to focus on Home Depot. We know that homebuilders, actually, as a group — while this is not a homebuilder — the actual builders have done nothing for three weeks, ” said Worth, “but that’s called outperformance compared to the market. That’s probably because of rates.”

While other stocks have struggled, the current interest rate environment has helped keep this group afloat as it gets easier to borrow money to build or renovate housing. Home Depot may not be a homebuilder in the way that a company like Lennar is, but in interest rate environments like this one, it’s a primary beneficiary of a consumer who’s willing to spend on their home.

Even in periods where Home Depot struggles, as Worth pointed out, the stock acts predictably during its sell-offs, which makes it easier to look for a bounce. He thinks another one is on the way.


Company: cnbc, Activity: cnbc, Date: 2019-08-19  Authors: tyler bailey
Keywords: news, cnbc, companies, worth, homebuilder, rally, way, depot, technician, market, rate, weeks, big, thats, pointed, interest, building


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Alibaba is poised to report slower revenue growth, but analysts still see a big rally ahead

Michael Nagle | Bloomberg | Getty ImagesAlibaba is expected to show slowing revenue growth after years of blockbuster earnings when it reports fiscal first quarter earnings on Thursday. Here’s what the market expects for Alibaba’s June quarter: Revenue of 111.73 billion yuan ($15.93 billion), according to Refinitiv data. If realized, this would be a 38% year-on-year rise, but slower than the more than 61% growth seen in the same quarter last year. CloudOne of the most promising areas of Alibaba’


Michael Nagle | Bloomberg | Getty ImagesAlibaba is expected to show slowing revenue growth after years of blockbuster earnings when it reports fiscal first quarter earnings on Thursday. Here’s what the market expects for Alibaba’s June quarter: Revenue of 111.73 billion yuan ($15.93 billion), according to Refinitiv data. If realized, this would be a 38% year-on-year rise, but slower than the more than 61% growth seen in the same quarter last year. CloudOne of the most promising areas of Alibaba’
Alibaba is poised to report slower revenue growth, but analysts still see a big rally ahead Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-15  Authors: arjun kharpal
Keywords: news, cnbc, companies, growth, report, business, cloud, according, market, alibabas, quarter, slower, big, alibaba, ecommerce, revenue, ahead, analysts, rally, poised


Alibaba is poised to report slower revenue growth, but analysts still see a big rally ahead

A monitor displays Alibaba Group signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Jan. 7, 2019. Michael Nagle | Bloomberg | Getty Images

Alibaba is expected to show slowing revenue growth after years of blockbuster earnings when it reports fiscal first quarter earnings on Thursday. Its profitability, however, is likely to be improved. Here’s what the market expects for Alibaba’s June quarter: Revenue of 111.73 billion yuan ($15.93 billion), according to Refinitiv data. If realized, this would be a 38% year-on-year rise, but slower than the more than 61% growth seen in the same quarter last year.

Non-GAAP diluted earnings per share (EPS) of 10.25 yuan, according to Refinitiv estimates. Alibaba’s core commerce business, which includes its Tmall and Taobao shopping platforms, is expected to be the biggest growth driver given it’s the company’s biggest division.

The Chinese giant has been expanding the core commerce business internationally through the Singapore-based e-commerce platform Lazada which it majority owns, and domestically by pushing its products into smaller cities. “We expect a solid June quarter for BABA, with e-commerce possibly beating revenue expectation thanks to Tmall’s strong GMV (gross merchandising value) growth,” Xiaoyan Wang, analyst at 86Research told CNBC. “We also anticipate continuous user growth even on such a large base, as Taobao and Tmall are successfully penetrating into low tier cities.”

New retail

Part of Alibaba’s core commerce business is its so-called new retail strategy which looks to fuse the various parts of its business from payments to bricks and mortar stores and food delivery together into one big ecosystem. Part of the push here has been investments in logistics, its Hema supermarkets and food delivery business Ele.me. Investors will be looking at the performance of these new areas — particularly food delivery, which faces stiff competition from Chinese rival Meituan.

Cloud

One of the most promising areas of Alibaba’s business, according to analysts, is cloud computing. The division saw 76% year-over-year revenue growth in the March quarter and has slowly been growing its share of Alibaba’s revenues. Though it is still only around 8% of revenues, analysts see a big opportunity for the technology giant. “Cloud remains the key asset we believe the Street is focused on. Given the penetration of cloud in China, BABA has a major green field opportunity over the coming years on this front,” Daniel Ives, managing director of equity research at Wedbush Securities, told CNBC. Alibaba is the largest cloud computing player in China by market share.

Headwinds

Alibaba’s investment into new areas has come at a price — falling margins. The company has signaled, however, that it will continue to invest, something that has so far not spooked the market. Investors will be watching the margin figure closely. Another worry is the effect of the U.S.-China trade war. “China e-commerce players have come under major pressure in light of worries around growth in the region and macro slowness. We believe … the bark is worse than bite at this point although this remains a major (‘prove me’) quarter for BABA,” Ives said. Alibaba’s shares are up nearly 20% this year, but Wall Street thinks they can go higher over the next year. The average price target on the stock is $218.09, according to Reuters data. That implies a 34.5% upside from Wednesday’s close. The Chinese e-commerce giant is also reportedly looking to hold an initial public offering in Hong Kong, which could raise as much as $20 billion. On Thursday, however, the New York Post reported that Alibaba was weighing whether to delay the listing, which was scheduled for September, amid the anti-China protests in Hong Kong. Alibaba declined to comment when contacted by CNBC about the matter. Despite some of the near-term headwinds, Alibaba’s various investments should set it up for growth over the next few years, according to Thomas Chong, equity analyst at Jefferies. “Alibaba has multiple growth drivers in the years ahead, in our view, with the core marketplace a strong cash cow enjoying secular momentum amid China’s ongoing consumption upgrade, thanks to solid execution and technological ability to digitalize the retail sector, thereby enhancing efficiency,” Chong wrote in a recent note. “Its highly synergistic ecosystem enables it to ramp up easily in lower tier cities and local services. It has clear market leadership in cloud computing, which is the backbone of digitalization across different industries.”


Company: cnbc, Activity: cnbc, Date: 2019-08-15  Authors: arjun kharpal
Keywords: news, cnbc, companies, growth, report, business, cloud, according, market, alibabas, quarter, slower, big, alibaba, ecommerce, revenue, ahead, analysts, rally, poised


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Going by past market history, this comeback rally should peak by the middle of next week: Nomura

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. The clock is ticking for the relief rally to turn sour, according to Nomura macro and quant strategist Masanari Takada. If history is any guide, stocks could peak around Aug. 14, six trading days after the first spike in the Cboe Volatility Index, Takada said. “We still view this as a mere relief rally after the major market plunge. The market notched a three-day rebound after sufferi


A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. The clock is ticking for the relief rally to turn sour, according to Nomura macro and quant strategist Masanari Takada. If history is any guide, stocks could peak around Aug. 14, six trading days after the first spike in the Cboe Volatility Index, Takada said. “We still view this as a mere relief rally after the major market plunge. The market notched a three-day rebound after sufferi
Going by past market history, this comeback rally should peak by the middle of next week: Nomura Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-09  Authors: yun li
Keywords: news, cnbc, companies, trading, stocks, selloff, week, history, past, market, strategist, peak, going, volatility, york, rally, takada, comeback, middle, nomura


Going by past market history, this comeback rally should peak by the middle of next week: Nomura

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. U.S. stocks fluctuated in volatile trading in the aftermath of Donald Trump’s surprise presidential election win, as speculation the Republican will pursue business-friendly policies offset some of the broader uncertainty surrounding his ascent.

The clock is ticking for the relief rally to turn sour, according to Nomura macro and quant strategist Masanari Takada. And by his count, the market has only three good trading days left.

The strategist, who has turned heads by calling for a “Lehman-like” sell-off soon, looked at data going back to 1994 to analyze the S&P 500 performance when the market experienced volatility spikes twice in a short period of time. If history is any guide, stocks could peak around Aug. 14, six trading days after the first spike in the Cboe Volatility Index, Takada said.

“We still view this as a mere relief rally after the major market plunge. The rally looks likely to pause next week, and we think investors should cautiously watch the prospects for another ‘vol-up’ scenario in the latter half of August,” Takada said in a note to clients on Friday.

The market notched a three-day rebound after suffering from their worst day of the year as the U.S.-China trade war escalated. The stock market was on pace to finish the week about unchanged. The strategist predicted Monday’s monster sell-off as he had warned clients that hedge funds and other players’ bearish positions created a catalyst for an explosion in Wall Street’s fear gauge. He has also said the next sell-off could resemble the one that followed Lehman Brothers’ collapse.


Company: cnbc, Activity: cnbc, Date: 2019-08-09  Authors: yun li
Keywords: news, cnbc, companies, trading, stocks, selloff, week, history, past, market, strategist, peak, going, volatility, york, rally, takada, comeback, middle, nomura


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Don’t buy gold until it reaches this level, Piper Jaffray technician says

Don’t buy into this rally yet, said Craig Johnson, chief market technician at Piper Jaffray. The GLD gold ETF peaked at $142.47 earlier this week. Nancy Tengler, chief investment strategist at Tengler Wealth Management, said in mid-July that the gold trade would work as a near-term play. “If I believe that slowing global growth is going to infect the U.S., that interest rates are going negative, then I buy gold,” Tengler said Thursday on “Trading Nation.” The GLD ETF remains 24% below its all-ti


Don’t buy into this rally yet, said Craig Johnson, chief market technician at Piper Jaffray. The GLD gold ETF peaked at $142.47 earlier this week. Nancy Tengler, chief investment strategist at Tengler Wealth Management, said in mid-July that the gold trade would work as a near-term play. “If I believe that slowing global growth is going to infect the U.S., that interest rates are going negative, then I buy gold,” Tengler said Thursday on “Trading Nation.” The GLD ETF remains 24% below its all-ti
Don’t buy gold until it reaches this level, Piper Jaffray technician says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-09  Authors: keris lahiff
Keywords: news, cnbc, companies, wait, piper, gold, dont, reaches, technician, buy, gld, trade, rally, johnson, etf, level, jaffray, trading, tengler


Don't buy gold until it reaches this level, Piper Jaffray technician says

All that glitters is gold this month.

Gold prices have surged 5% in August as the S&P 500 has tumbled 2%. Its rally has pushed the yellow metal above $1,500 to reach the highest level in more than six years.

Don’t buy into this rally yet, said Craig Johnson, chief market technician at Piper Jaffray.

“It’s starting to get a little bit ahead of itself,” Johnson said Thursday on CNBC’s “Trading Nation. ” “I would trade it this way – I’d wait for this stock, take profits here and now, wait for it to pull back to about $130 on the GLD, then I’d be a buyer on that pullback and confirmation of support.”

The GLD gold ETF peaked at $142.47 earlier this week. It would need to fall 8% from current levels to reach Johnson’s $130 target.

“On the longer-term setup, you can see that there could be measured objective towards about $160 here. Because this is a very meaningful topside break out of a nice consolidation range,” Johnson added.

A move to $160 on the GLD ETF implies 13% upside. It last traded above that level in 2013.

Nancy Tengler, chief investment strategist at Tengler Wealth Management, said in mid-July that the gold trade would work as a near-term play. Since that call, the GLD ETF has rallied 5%.

However, she’s not ready to buy the long-term bull case.

“If I believe that slowing global growth is going to infect the U.S., that interest rates are going negative, then I buy gold,” Tengler said Thursday on “Trading Nation.” “If I think, as I do, that things will consolidate — we’ll ultimately get a China deal, not great, and equities will begin to rally and outperform — then you sell here, and invest in dividend-paying stocks.”

The GLD ETF remains 24% below its all-time peak in September 2011.

Disclaimer


Company: cnbc, Activity: cnbc, Date: 2019-08-09  Authors: keris lahiff
Keywords: news, cnbc, companies, wait, piper, gold, dont, reaches, technician, buy, gld, trade, rally, johnson, etf, level, jaffray, trading, tengler


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

The market is ‘vulnerable,’ but here are 3 things that could signal the next rally

The market is “vulnerable,” but three things could signal the next rally, according to one strategist. “We’d like to see a little bit of a washout, and some of that just takes a little bit of time for people to digest information and to get a little more cautious,” he told CNBC’s “Futures Now” on Tuesday. Secondly, Clissold monitors how oversold the market gets. Finally, Clissold points out that earnings estimates for the fourth quarter are still pretty high, perhaps a little too high. “We’d lik


The market is “vulnerable,” but three things could signal the next rally, according to one strategist. “We’d like to see a little bit of a washout, and some of that just takes a little bit of time for people to digest information and to get a little more cautious,” he told CNBC’s “Futures Now” on Tuesday. Secondly, Clissold monitors how oversold the market gets. Finally, Clissold points out that earnings estimates for the fourth quarter are still pretty high, perhaps a little too high. “We’d lik
The market is ‘vulnerable,’ but here are 3 things that could signal the next rally Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: annie pei
Keywords: news, cnbc, companies, washout, bit, given, rally, signal, points, things, oversold, stocks, market, vulnerable, strategist, clissold, little


The market is 'vulnerable,' but here are 3 things that could signal the next rally

The market is “vulnerable,” but three things could signal the next rally, according to one strategist.

Ed Clissold, Ned Davis Research’s chief U.S. strategist, said investment sentiment, particularly signs of pessimism, is the “number one thing you want to look for.”

“We’d like to see a little bit of a washout, and some of that just takes a little bit of time for people to digest information and to get a little more cautious,” he told CNBC’s “Futures Now” on Tuesday.

Secondly, Clissold monitors how oversold the market gets. While Monday’s sell-off took the Dow down over 750 points, the strategist says even more extreme oversold conditions could put the market back on track, especially given that stocks had looked overbought in the last few months. In other words, stocks aren’t at the “washout level” that Clissold is looking for, but once the market becomes oversold, it could be a sign of an imminent rebound.

Finally, Clissold points out that earnings estimates for the fourth quarter are still pretty high, perhaps a little too high.

“We’d like to see those estimates get lower before we’d feel comfortable that there’s a little bit of a better fundamental underpinning to the market,” he said.

The strategist, however, encourages investors to “partially stay” in the market, especially given that he still expects rate cuts from the Fed despite a nonrecessionary environment. That’s a set of circumstances that Clissold said historically has pointed to more gains for the market.

Clissold’s price target for the S&P 500 is 2,950 at the end of the year. It was down 1% at 2,843 shortly before Wednesday’s opening bell.


Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: annie pei
Keywords: news, cnbc, companies, washout, bit, given, rally, signal, points, things, oversold, stocks, market, vulnerable, strategist, clissold, little


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Why Wells Fargo says the pound could see a relief rally

Why Wells Fargo says the pound could see a relief rally3:31 AM ET Mon, 29 July 2019Erik Nelson of Wells Fargo Securities says the near-term picture looks pretty positive for the British pound, but could become more bearish as the Brexit deadline draws closer.


Why Wells Fargo says the pound could see a relief rally3:31 AM ET Mon, 29 July 2019Erik Nelson of Wells Fargo Securities says the near-term picture looks pretty positive for the British pound, but could become more bearish as the Brexit deadline draws closer.
Why Wells Fargo says the pound could see a relief rally Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-29
Keywords: news, cnbc, companies, rally331, pound, pretty, wells, rally, positive, picture, fargo, securities, relief, nelson


Why Wells Fargo says the pound could see a relief rally

Why Wells Fargo says the pound could see a relief rally

3:31 AM ET Mon, 29 July 2019

Erik Nelson of Wells Fargo Securities says the near-term picture looks pretty positive for the British pound, but could become more bearish as the Brexit deadline draws closer.


Company: cnbc, Activity: cnbc, Date: 2019-07-29
Keywords: news, cnbc, companies, rally331, pound, pretty, wells, rally, positive, picture, fargo, securities, relief, nelson


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

S&P 500 and Nasdaq close at record highs as tech sector shakes off new regulatory threat

The S&P 500 and Nasdaq Composite reached all-time highs on Wednesday, propelled by a rally in chip stocks as investors shook off regulatory concerns facing Big Tech. UPS jumped more than 8% after posting earnings and revenue that topped analyst expectations. AT&T, meanwhile, gained 3.6% after the company reported net phone subscriber growth that topped estimates. Caterpillar shares slid 4.5% after the company reported weaker-than-expected earnings and revenue amid rising costs. While stocks “are


The S&P 500 and Nasdaq Composite reached all-time highs on Wednesday, propelled by a rally in chip stocks as investors shook off regulatory concerns facing Big Tech. UPS jumped more than 8% after posting earnings and revenue that topped analyst expectations. AT&T, meanwhile, gained 3.6% after the company reported net phone subscriber growth that topped estimates. Caterpillar shares slid 4.5% after the company reported weaker-than-expected earnings and revenue amid rising costs. While stocks “are
S&P 500 and Nasdaq close at record highs as tech sector shakes off new regulatory threat Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-24  Authors: fred imbert
Keywords: news, cnbc, companies, revenue, sp, company, threat, regulatory, sector, highs, strong, record, rally, topped, reported, nasdaq, close, earnings, shakes, stocks, shares, tech


S&P 500 and Nasdaq close at record highs as tech sector shakes off new regulatory threat

The S&P 500 and Nasdaq Composite reached all-time highs on Wednesday, propelled by a rally in chip stocks as investors shook off regulatory concerns facing Big Tech.

The broad index rose 0.5% to 3,019.56, a record. The tech-heavy Nasdaq jumped nearly 0.9% to end the day at 8,321.50. The VanEck Vectors Semiconductor ETF (SMH) gained 2.7% to hit a record, led by a 7.4% rally in Texas Instruments sparked by better-than-expected quarterly results.

Other companies such as UPS and AT&T also got a boost from strong results.

UPS jumped more than 8% after posting earnings and revenue that topped analyst expectations. The company said higher demand for its Next Day Air and Ground services drove its strong results.

AT&T, meanwhile, gained 3.6% after the company reported net phone subscriber growth that topped estimates. The telecom giant also raised its 2019 free cash flow guidance.

However, the Dow Jones Industrial Average closed 79.22 points lower at 27,269.97 as investors pored through disappointing earnings from Boeing and Caterpillar.

Boeing shares dropped 3.1% after the aerospace giant posted a massive loss for the previous quarter. The loss comes as costs pile up while its 737 Max jet remains grounded. The company also warned it could suspend production of its flagship jet if delays worsen.

Caterpillar shares slid 4.5% after the company reported weaker-than-expected earnings and revenue amid rising costs. The company has been under pressure as U.S. tariffs on Chinese goods remain in place while the two countries try to work out a trade deal.

“The mixed earnings picture and comments on the economy that we have heard from companies so far now coincides with a somewhat mixed technical backdrop for the market in the near-term,” said Dan Russo, chief market strategist at Chaikin Analytics. While stocks “are trading near their recent all-time highs, under the surface there are signs that the bulls could take a breather.”


Company: cnbc, Activity: cnbc, Date: 2019-07-24  Authors: fred imbert
Keywords: news, cnbc, companies, revenue, sp, company, threat, regulatory, sector, highs, strong, record, rally, topped, reported, nasdaq, close, earnings, shakes, stocks, shares, tech


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

AB InBev stock up on report it may sell assets after scrapping Asia IPO plan

Trump says he wasn’t happy with ‘send her back’ rally chant…Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue… Politicsread more


Trump says he wasn’t happy with ‘send her back’ rally chant…Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue… Politicsread more
AB InBev stock up on report it may sell assets after scrapping Asia IPO plan Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: amelia lucas
Keywords: news, cnbc, companies, plan, assets, trump, report, supporters, ab, shows, president, instead, happy, scrapping, inbev, wasnt, paused, stock, ipo, sell, rally, send, asia


AB InBev stock up on report it may sell assets after scrapping Asia IPO plan

Trump says he wasn’t happy with ‘send her back’ rally chant…

Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue…

Politics

read more


Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: amelia lucas
Keywords: news, cnbc, companies, plan, assets, trump, report, supporters, ab, shows, president, instead, happy, scrapping, inbev, wasnt, paused, stock, ipo, sell, rally, send, asia


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

CrowdStrike stock jumps after beating expectations in its first earnings report

GOP vote on Trump’s “go back” comments was an effort to absolve… They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant “send her back” at a rally Wednesday in North… Politicsread more


GOP vote on Trump’s “go back” comments was an effort to absolve… They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant “send her back” at a rally Wednesday in North… Politicsread more
CrowdStrike stock jumps after beating expectations in its first earnings report Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: kate fazzini annie palmer, kate fazzini, annie palmer
Keywords: news, cnbc, companies, rally, vote, voted, stock, party, jumps, earnings, report, voters, expectations, trump, ones, northpoliticsread, send, crowdstrike, trumps, beating


CrowdStrike stock jumps after beating expectations in its first earnings report

GOP vote on Trump’s “go back” comments was an effort to absolve…

They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant “send her back” at a rally Wednesday in North…

Politics

read more


Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: kate fazzini annie palmer, kate fazzini, annie palmer
Keywords: news, cnbc, companies, rally, vote, voted, stock, party, jumps, earnings, report, voters, expectations, trump, ones, northpoliticsread, send, crowdstrike, trumps, beating


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Trump says he wasn’t happy with ‘send her back’ rally chant targeting Ilhan Omar

President Donald Trump said Thursday that he isn’t happy with his supporters’ “send her back” chant directed at progressive Rep. Ilhan Omar, D-Minn., that erupted at his North Carolina rally on Wednesday. “I was not happy with it — I disagree with it,” Trump told reporters at the White House. Instead, it shows Trump paused as the chant began, allowing his supporters to continue before he launched into further criticism of the Minnesota Democrat. So, that’s Omar. That’s Omar,” Trump said after a


President Donald Trump said Thursday that he isn’t happy with his supporters’ “send her back” chant directed at progressive Rep. Ilhan Omar, D-Minn., that erupted at his North Carolina rally on Wednesday. “I was not happy with it — I disagree with it,” Trump told reporters at the White House. Instead, it shows Trump paused as the chant began, allowing his supporters to continue before he launched into further criticism of the Minnesota Democrat. So, that’s Omar. That’s Omar,” Trump said after a
Trump says he wasn’t happy with ‘send her back’ rally chant targeting Ilhan Omar Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: tucker higgins
Keywords: news, cnbc, companies, israel, rally, president, chant, white, supporters, happy, ilhan, thats, targeting, wednesdayi, trump, wasnt, send, omar


Trump says he wasn't happy with 'send her back' rally chant targeting Ilhan Omar

President Donald Trump said Thursday that he isn’t happy with his supporters’ “send her back” chant directed at progressive Rep. Ilhan Omar, D-Minn., that erupted at his North Carolina rally on Wednesday.

“I was not happy with it — I disagree with it,” Trump told reporters at the White House. Asked why he did not stop it, Trump said he thought he did.

“I started speaking very quickly,” Trump said.

Video of the event does not show the president disagreeing with his supporters. Instead, it shows Trump paused as the chant began, allowing his supporters to continue before he launched into further criticism of the Minnesota Democrat.

“She talked about the evil Israel and ‘It’s all about the Benjamins.’ Not a good thing to say. So, that’s Omar. That’s Omar,” Trump said after a pause. Omar apologized in February after she was accused of employing anti-Semitic tropes in tweets about Israel.


Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: tucker higgins
Keywords: news, cnbc, companies, israel, rally, president, chant, white, supporters, happy, ilhan, thats, targeting, wednesdayi, trump, wasnt, send, omar


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post