Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
Behind, but what is important is the symbols along the way, and the number one symbol is the most unloved bull market since time began. You do measure the wall of cash on the sideline. How does that feel this dow 30,000 morning . Left out,very lonely, isolated, and i imagine some of it has capitulated. We talked about a tugofwar at the start of this month when we got deposited vaccine news. Overwhelmingly now, this market is looking through the nearterm risks into year end. I had a conversation with someone who suggested we could get a negative payroll sprint negative payrolls print for the next couple of months. It is an outlier call, but deteriorating data is consensus, and here we are running straight through it. Tom maybe it is a biden administration, the fed coming on, stimulus coming on. You keep talking about the russell 2000, up 11 year to date, and it has been a moonshot the last number of weeks. The nasdaq 100 lagging recently, up 34 year to date. 500 up 12. 5 . P for you, we
Heres stav da naos. Good afternoon. What a wet night it was for some others, Standing Water and localised flooding in places. The rain will be easing, snow in the north petering out, leaving a legacy of patchy, light rain and cloud. Some areas quite cloudy but sunny spells breaking out, like for the east, southeast quadrant, the southwest and northern scotland. Not as mild in the south as yesterday, a colder day for scotland, Northern Ireland and the far north of england. This cold air drifts overnight, showers for North East Scotland and north east england. This new area of rain pushing from the south west will bring persistent downpours, maybe localised flooding, increasingly turning to snow as it bumps into the cold air. Milder across the South West Verses across the north. This weekend, turning colder, we will see some rain, sleet and snow. Cold air across the north of the uk for the last few days will push southwards, we will have a low pressure pushing from the south west, like i
A couple votes coming up including one for President Trumps nominee for the National Credit Union Administration board. You are watching live Senate Coverage here on cspan2. The presiding officer the senate will come to order. A senator madam president . The presidin officer senator from kentucky. Paul palm i ask that the folling be granted floor privileges, calem case, lucy, carlin gupta, and gab brie ella mastra. Thpresiding officer without objection. Under the previous order, all postcloture time has expired. The question is on the nomination. Is there a sufficient second . There appears to be. The clerk will call the roll. Vote vote vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . Hearing none, the yeas are 58, the nays are 35. The notion nomination is confirmed. Under the prious order, the motion to reconsid be considered made and laid upon the table and the predent will be immediately notified of the senates action. A se
Lockdown in wales will last for three more weeks at least but children could return to schools there after the february half term. Around 300,000 people are expected to leave hong kong for britain using a new visa route which opens on sunday. Investors respond with outrage after Trading Platforms halt the buying of shares in the us games firm gamestop and other companies. It follows days of frenzied trading that led to a massive increase in its value. Hello and welcome if youre watching in the uk or around the world. A new Coronavirus Vaccine has been shown to be 89. 3 effective in large scale uk trials. The novavax jab is the first to show it is effective against both the uk and South African Variants of the virus. As you can see from this graph, the uk has secured 60 million doses of the jab, which will be made in stockton on tees. The doses are expected to be delivered in the second half of this year if approved for use by regulator. Meanwhile, the European Medicines Agency will mee