In general had another blow out day wednesday. With the dow up 108 and the nasaq 32. Gold fell 4 dollars. While oil cruised above 94 dollar. Good for a two week high. Also making news jcpenney plans to close 33 Underperforming Stores and cut 2,000 jobs in its latest turnaround effort. The retailer is also bringing back Commission Pay for certain positions. And yahoo coo Henrique De Castro is leaving the Internet Company effective today. Todd horwitz of average joe options joins us on this thursday morning for a check on the markets. Good morning todd. Good morning angie. Weve had a big down day. Weve had 2 big up days. Im hearing this is a traders dream. The action is good. Its nice when we get volatility. Volatility is a very forgiving item so when trades go wrong you have a chance to get out. So yes the ups and downs are great for traders. What would be your reaction to the feds beige book that came out yesterday . I think it was fairly muted. I think the market had basically no reac
Dying from this than in the vietnam war. That death toll number, 58,220. Well cross that line in the next 24 hours. Governor phil murphy announced that hospitalizations are down from nearly a thousand from this time last week. That is a good sign. He will be joining us later this hour. The Trump Campaign is lashing out against Republican Senate candidates. A memo issued by the nrsc last week told republicans not to defend the president s response to covid19 completely, simply defend his china ban stand and then to attack china in general. Well, the Trump Campaign wasnt happy seeing that memo go public and they say any candidate who follows those guidelines should not expect any support from the president and the nrsc apparently has agreed that, yes, the president s campaign is right about that. Governor Charlie Baker has extended his stayathome order for the state of massachusetts until may 18th. I should say, the commonwealth of massachusetts. The order was set to expire next monday.