Flying tech name your Investment Committee is stephanie link, josh brown and michael farr great group. New highs earlier on the s p 500. Markets have cooled off a bit. You have the dow down 182. Apple is one of the stocks ma weighing on the dow. You sold 20 of your positions in apple and nvidia. Are you sure it was hard to find a buyer . Love you, sully i dont know why were saying this is a big move or bold move. They hear the part they like its the opposite of a bold move im playing chicken. Im saying nvidia and apple have become too big a part of my portfolio. I have tons of apple exposure elsewhere. I own the kwqs everybody owns apple my lifetime exposure to apple is high all im doing is keeping 80 of my position inted of 100 . Its not that bold im doing the same with nvidia these stocks have plooned. Its like risk management. I dont want to be out of these stocks i just dont want to live my entire life based on how they do each day this is what all prunts investors do its what im d
Sunshine later on. It will be mixed with the clouds and the smoke. You know, the white house will start allowing public tours again in less than two weeks. The office of the first lady Just Announced that the torch will pick back up on saturday the 12th with new safety precautions in place. The number of guests will be limited to 18 of normal capacity. All guests two years old and older are required to wear a face coverings and practice social distancing. For now, torch will only be hosted on fridays and saturdays instead of five days per week. As they bring in mike to morning zone 2. I have never been inside the white house and i would like to go one day. I have been outside and he is a majestic building. I would like to go and check it out one day. I have never even been to washington, delta02. I know that sounds horrible but with eighthgraders making their trip and learning about government, we didnt do that. I actually havent be in. One day when things open up again, have you been
How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme all morning and theres been no sellers. One of the reasons theres been no sellers are the people who are now trading stocks in early hours have tremendous conviction in the face of being wrong its rather incredible because the hubris of these people they must think dow jones has a lot of money to it and it has to come out of exxon and into salesforce david, you have been at the forefront of the network in explaining the nature of the dow and you see this, too. Arent you shocked that even after w
Llg ndrainti, President Trumps leadership during the pandemic that has killed nearly 180,000 americans as the president gets set to close out the Republican National convention tonight. Overnight authorities reveal the identity of the officer who shot jacob blake in the back and a new report there may have been a knife in blakes car. Also Police Arrested a 17yearold accused of the Fatal Shooting of those protesters. Sports on strike. The nba playoffs shut down by players, demanding justice over the Police Shooting of jacob blake. Lebron and the lakers reportedly voting to end the season. Protests in the wnba, soccer and mat me t wide world ofports . President Trumps Administration accused of pressuring the cdc to stop testing asy. Dr. Anthony fauci not signing off on these new guidelines. What the white house is saying this morning and why men might be more susceptible to the virus than women. Dr. Jha joins us live. Plus, baby daisy is here. Cover me in daisies, daisies, daisies report
Airlines tiktok bids moving walmart is now in the mix. Yes, walmart and that stock is up 5 . Microsoft up 2 . A record close watch for the s p 500. At least 59 minutes left of trade. Anything positive, jon, for s p and nasdaq as we go into positive territory with the new records . Once again. And coming up on todays show. Two key reads on the state of the recovery in america. Well speak with the heads of Regal Cinemas parent cineworld and ihg group about safety and demand in light of the pandemic. And counting down to big earnings after the bell, including dell, gap, hp and more well bring you all of those numbers as soon as they hit. Now straight to the big stories we are watching today. Mike santoli is tracking todays volatile Market Action Steve Liesman and Morgan Stanleys chuten aya are here. And ylon mui has details on the new rapid covid test and bank of america is calling it a gamechanger. Start us off were extending up into record territory a little bit erratic fashion the mark