87, the s p 500 is up 10. 5 this month the russell 2000, the biggest ever month live oly outperforma small caps that sort of sets the scene for us your note today to our producers to me says everything, bryn. You say, yeah, were overbought, the market is technically ahead of itself, 200Day Moving Average but wed be buyers anyway yeah, you summed it up perfectly. I think to give some perspective around that, when youre looking at technicians or technical calls, the 200 Day Moving Average, over 90 of stocks in the s p are over their 200 Day Moving Average when that number gets above 80 , thats typically a time to take a stand back as a trader as an investor, though, as we are, you want to take a look at that and say, hey, if we get a selloff, which im sure well get because thats just the price of admission for being an equity investor, we absolutely want to be in stocks because what are your alternatives cash or bonds . And both of those offer you no yield and so we also think that next
Antiisrael protesters making their voices heard disrupting congressional testimony bite sofs by the Vice President. Democrats try to revive a failed border bill in time for the election and is the iconic home of Elvis Presley going on the market . Well bring you there the latest on the fate of grace land. Bret but, first, breaking tonight, the defense has rested in the historic criminal trial of former president donald trump. The judge dismissing the jury until next tuesday now the judges and the attorneys on both sides are trying to decide on Jury Instructions. A crucial part of this trial and how the jury will eventually come to its verdict. Correspondent nate foy is where hes been from the beginning, outside the New York State Supreme Court again tonight with the latest. Good evening, nate. Nate good evening, bret. Judge juan merchan didnt provide a ruling or a timeline of a ruling about trumps request to dismiss the case. Instead today, after testimony from bob costello, lawyers on
Season. And family treasure. The devastating mudslides in california. The men and women who are digging through the debris to help rescue memories. And good evening. Thanks for joining us on this saturday. Im tom llamas. And we begin tonight with the new white house fallout. President trumps stunning statement after a pair of staffers resigned in the face of Domestic Abuse allegations. President trump tweeting, in part, peoples lives are being shattered and destroyed in a mere allegation. Ins in recovery for someone falsely accused. His comment after a second staffer, speechwriter David Sorensen on the left, submitted his resignation and after the president wished outgoing top aide rob porter well. Both accused of Domestic Abuse. Now, the scandal rippling through the oval office. With chief of staff john kelly indicating his willingness to resign and Communications Director hope hicks dating one of the men. That tweet also comes as the National Conversation as the me too movement rages
167 points nasdaq lost. 52 do you use this weakness to take a swing . Or do you recognize we are up so much that it is too late to take a profit or it is not too late it is hard to figure but lets do it together lets figure together. You have been waiting for a pullback to do some buying i am going to right now, this is your moment i think we can get through it okay i bet there will be some damage and you know what, that damage is your first chance for longterm investors to buy into weakness this year and i am telling you, i want you to take it i am recommending any additional pullback to put money in an index fund that mirrors the market i would put a little bit each day. This is a full crom week when we get a dip, that is your chance to put retirement money to work. We have had a market that is going straight up. I dont think the odds favor another leg up at this moment. We are far more vulnerable to let down not that we are coming into this morning session because selling begets sel
In our first hour, we will look at the details of this decision by the Trump Administration. Your thoughts on the proposed change, and the larger issue from the federal governments role when it comes to the topic of Greenhouse Gas emissions. It is a call and let us know your thoughts this morning. 202 7488001, republicans. 202 7488000, democrats. Independents, 202 7488002. If you want to reach out to us twitter, you can do that at cspanwj. The Washington Times picks of this decision that started yesterday about the trump theistration, saying longawaited announcement by epa administrator scott pruitt will kickstart repeal proceedings on the rule which limits carbonate Carbon Emissions and was exquisite way designed to reduce the amount of coal burned across the country. This will be challenged in court, with environmental groups and democratic parties quickly vowing to fight any move to repeal the ccp. But the epa chief says he is on solid legal footing, and that the repeal will save as