In march and april. Yeah, and, you know, the market if you want to talk about it being the index certainly is doing that its been steady naturally the most heavily weighted stocks also happen to be the ones that are in th strongest trends they are covering up for a lot of, i think, softness under the surface. Youre not seeing this latest push higher really have the participation of the airlines and all the kind of socalled epicenter sectors that now are under a little more question about a stutter step in the reopening process. I do think the market is trying to be rational about it. Its unclear what would stop these trends, why would apple and microsoft stop going up today when they havent stopped until now except the fact that the nasdaq does look really stretched once again compared to the rest of the market there does seem to be a little bit of frothy speculation happening in some pockets of this market but thats been the case periodically for the last several weeks i guess you wou
With civil Rights Groups today to address the growing boycott the organizers of stop hate for profit calling the meeting a disappointment saying that Mark Zuckerberg and Cheryl Sandberg are not ready to address the hate on that platform and did not respond to demands of dozens of its largest advertisers the ncaa color of change, Antidefamation League and free press saying Mark Zuckerberg did not offer any tangible plans on how facebook will address the rampant discrimination and violent conspiracies on their platform the meeting that we just left was a disappointment facebook has had our demands in multiple ways and they showed up to the meeting expect an a for atte attending. Attending alone is not enough. Civil Rights Groups saying facebook did not address their list of demands, saying zuckerberg offered no automatic recourse for advertisers whose consent runs alongside hateful posts. They did not address why facebook recommends hateful groups and didnt address rampant disinformation
This is an interesting situation. There are important clearance signs flashing in the debt and Short Interest of some retailers. Its time to risk less and make more options action starts right now. Lets get right to it. Next week kicks off a flood of earnings with financials our chart master carter worth says one name in the space is heading for a big bank breakout. Carter, take it away. Obviously very, very important part of the economy, part of the market the first is a twopanel chart youre looking at the s p 500 Financial Sector on top and the bottom youre looking at its relative performance to the market what is quite remarkable, of course, is that the bottom panel is right at the 2009 lows. So the question is do we bounce here, do we cut through . Independent of that, there is an opportunity. This is Morgan Stanley its also a twopanel chart. On the top is Morgan Stanley over the last five or six years. What you see is Morgan Stanley is not at an alltime high but relative performan
The new dwelling units there. And it would maintain the same decision on denying the variance for the open space and exposure. So if you chose not to grant the appeal, the project would be approved with the rear yard variance but not the variance for the basement unit. Okay, and i want to say one thing to the variance requester. I think that part of what you asked why this didnt meet code. And my understanding is the dimensions of the rear yard dont meet the requirements for the rear yard to provide light and air, which have even been reduced from previous dimensions. And then your proposals where you have this slant going like this is actually the opposite. So its a triangle that would go like this. So you have to maintain that space and increase that space as you go up. And so you certainly would not be able to meet that space on those alternative proposals either. So, commissioners, im prepared to support the Zoning Administrators findings. So thats where i am. So to the builder, i
3. 5 . The s p, a similar gain, about 2. 5 there. And the nasdaq composite up just with over 2 . That is clearly a rally. Helped by the Federal Reserves bond purchases, thats money printing, a report from bloomberg on a possible trillion dollar plan for bridges, roads and 5g access in rural areas, thats the stimulus plan, a new one. Also helping, really helping, news from an Oxford University study, a breakthrough in the treatment of the virus using steroids. It significantly reduced mortality. We also have the rapid opening up of businesses all across the country and maybe an improvement in u. S. china relations. Mike pompeo meets senior chinese officials in hawaii tomorrow. And then theres this retail sales in may up 17. 7 . That reflects the partial reopening of some stores. It is a very strong number. The president just tweeted about it. Ill read it for you. Wow, may retail sales show the biggest one month increase of all time, up 17. 7 . Far bigger than projected. Looks like a big