Moo its biden versus trump trump stock, trump stock. Both of which are going in surprising directions. If you you thought the election is over, the president is trying to do an end run around the results and fighting tooth to nail today the dow lost 222 point [ screaming the s p 500 declined points at 8 . Nasdaq dipped 2. 2 hey. I know it didnt feel like it was so bad but if you were in the nasdaq except for a couple of names, wow. They crushed it. Why dont we start there with next weeks game olympian . On monday morning we are coming in and, sadly, im betting we pass the 200,000 mark. Thats right 200 thousa,000 thousand cases an the virus is hurting business. If not monday, tuesday, wednesday, a question of when, not if i know there is a sense that we have had a big vshaped recovery which is terrific. But our inability to stop the spread is putting a crimp on business orders and retail sales. Just yesterday, work day, reported a solid quarter we have the coceos on the show but they me
What one retail expert says about the future of how we shop. And shares of tesla and other electric vehicle stocks have been red hot, but there is one surprise gripe oup of stock that have been even hotter that is all ahead in your rbi on this wednesday at worldwide exchange. Im on fire, want to take it higher good morning, good afternoon or good evening from wherever in the world that you may be watching im Brian Sullivan thanks for being here on this wednesday morning. Lets look at your stock futures. They are mixed no real trend, markets of course are closed tomorrow so where he can all gorge safely apparently. But the dow trading above and closing above 30,000 for the first time ever. The index is up more than 13 this month and it is on track for its best month since january of 1987. And it will take just a half a percent more the next couple trading days to top that and give us the best month since january of 1976. Some of the stocks that have pushed us over the edge on the up sid
Stimulus bill. What happens if washington lets us down again and millions of people, especially in the hospitality industry, find themselves struggling to put food on the table . Does that mean we should use a day like today where the averages went up dow gained 122 points. S p climbed 0. 80 to sell everything into strength not so fast. Like i say every night at the end of the show, there is always a bull market somewhere, and even without a stimulus package, weve got a whole bunch of them that should do just fine as a matter of fact, theres a lost of breadth here first, the relentless bull market in housing. You can think tall brothers, dr horton, these companies are huge kinc covid winners. When youre stuck working from home, your housing priorities change who wants to live in a tiny apartment in the city to save time on your commute when you have no commute. This is the zoom economy, people you might as well move to the suburbs or the country where you can have more room thats why t
Covid19 relief bill is reached. Can moderates in both parties save the day with their own version or are they too far apart to compromise . I will ask republican congressman andy biggss. That and sew much more coming up on making money. Charles so, folks the major indices bolted out of the gate this morning. There is still tentativeness. You see financials down, work from home stocks, trending a little bit lower. After a sharp pullback, in fact the fastest correction in nasdaq history, the question is, is the worst over . Plus key sectors of the economy continue their quick growth. Where to invest for the housing boom, the manufacturing rebound. Also this hot ipo market has many salivating but some wonder if it is good or bad news. So many questions, so lets get the answers. I want to bring in Devine Capital ceo dani hughes, bellpointe chief market strategist, david nelson and courtney dominguez, advisor pour payne capital. A group im not affiliated with. Dani is the worst over . That
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if