The averages pulled back this afternoon with the dow sinking 170 points, s p shedding. 6 and nasdaq advancing the companies that help you deal with post covid reality take it in stride. Analysts finally realize people are investing in homes like we havent seen since the financial period or maybe a whiff of paint and Stanley Black and decker moving power tools or mortgage numbers. Lows hit a new alltime high 4 just like that and you can get this stuff this is not exactly Rocket Science when youre stuck at home of course you spend money on Home Improvement its a capital, not an expensive when uncle sam writes you a check for 1200. Were in an old enough to repaint moment you buy the stocks of lowes or home depot you cant go out for anything. Movies, no, sports, concerts, nothing. Everything is cancelled gatherings are too risky you stay at home and get a cheap firepit, light up the kings ford, clorox product, wipe down the chairs with cclorox, can you go anywhere without these now . I can
With neding to do that davis, chief u. S. Strategist. Panic, correlation started to break down. Are you looking at correlations as you start to look at u. S. Equity . About 20of all, i am years past my prime on hot dog eating contests. So i believe that to you guys. Wehink it is a general trend have seen over the past few months. Markets trying to get back to normal. While we can criticize the fed for maybe overreaching and buying fixed income, in reality, they stymied a panic in the market. We need to watch a host of things for the markets to return to normal. We need to watch volatility, Interest Rates, gold. If we can see these things continue to heal, then the investors are on the sidelines. That the investors on the sidelines will feel more. Omfortable getting back in areas thatclical have so far not been able to mount sustainable rallies. Caroline so you anticipate a rotation, that the beaten up stocks will start to lead the charge again . There is the typical rotation that you g
Lufthansa looks to take off. Efrp eu regulators approve the plan bayer stock gets a boost after the german drug giant settled hundreds of claims around the weed killer roundup ending years of disputes it was a grim day on wall street losses more than 2 suggesting we will extend these losses after america recorded nearly 35,000 new covid19 cases in one day. The highest level since the number peaked in late april. California and florida both logged a record rise in daily cases. Disney has postponed the reopening of the park in california originally scheduled for july the delay comes as disney workers in florida urged local authorities to reconsider plans to open the orlando site due to a recent spike in cases. The company welcomed visitors to hong kong. Apple has shut a number of stores in texas due to the spike in the cases now temporarily closing seven houston area locations following similar moves in arizona, florida and north and South Carolina new york, new jersey, and connecticut i
Theres the dow. Its a gain of 242 points. 3208 for the s p nearly onehalf of 1 . Nasdaq there at 9840 liz young, i want to go to you first. For somebody who has been uneasy over the run of this thing, what do you say now i remember our conversations about too far, too fast and now here we are. What to you do this is one of those weeks. Last week was one of those weeks that makes you really be humble as a Market Participant. The narratives have shifted. Now its shifted to participate in the restart what were seeing here, first shs i want to mention that im an investor, not a trader. Im trying to make money over the mid to long term here. Not necessarily on a weekly basis. The technicals of this market would tell you to protect yourself because theres so many stocks trading above their 50day moving average. It feels frothy. If you look at long term fundamentals both economic fundamentals and corporate fundamentals, it still says theres room here and you should buy as a long term i vestnv
They have no idea what life as a parent is about because they spend 247 in a cage when you came into one of these puppy mills you would just see one on top of another in these Little Chicken wire crates. You know how cramped it is when youre when youre flying and i was thinking about and i thought it must be like that for the puppy dogs that are in these cages being able to get up and move around and i think thats the 740 sevens comedy 400 people and i thought its just like taking 400 gulden traverse or labs or shepherds and putting them in a sea shore up in the men and making them live there for 8 years you will typically smell a facility before you actually walk near the cages and as soon as you can see the cages. I know its going to be a bad situation when you have the above ground wire bottom cage because. That sort of tells us that the person is trying to be very efficient. This is a Business People are not for profit for an initial outlay of a couple 100. 00 for a few breeding pa