We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
Bloomberg it is considering options. Rishaad another official enters the race debate. Uncertainty might mean only two hikes this year. The earnings season. The banks are in focus today. Storyg possibly at a big as more people look at the glass as being halffull when it comes to reflation trade. Haidi if the impetus is u. S. Stocks we seem to be taking that and running with it. Seeing a rebound when it comes to japanese markets. Changes, from donald trump would be nice to have rather than must haves. Something the markets are digesting right now. We are 30 minutes away from the chinese and hong kong open. At howtaking a look things are going. It looks, from donald like investorsnice to are running with that glass halffull idea. We have stocks in taiwan, and malaysia coming online in the green. Malaysia snapping a fourday drop to add 30 at the open. We do have Southeast Asian onrent sees the ringgit the retreat today. The thai baht is down 0. 2 in the korean one also down about 0. 2 as w
Getting out of utilities tel con. Weve talked about tech day after day. I think tech and bio tech could be the drivers of the nasdaq to start lifting this seasonhigher. You look at names like microsoft. The names that havent participated yet if theres participation there, that could lift the nasdaq up. Take a look at that. Some of techs biggest players. And they to petes point, have not participated, so we need these guys to tart pitch ng in terms of weight. Do you think thats going to happen . Its company by company and i think apple, youve got a couple of quarters that arent going to be that late. Thats been something thats been building over the last months for sure. Certainly post brexit. As weve gotten comfortable with the world. If you believe the payroll numbers we had on friday, telling you the u. S. Job market is fine and that the fed is sidelined and that chinas not a risic and oil isnt going to create a credit kris i all of these things that were holding back growth, tech wi
Jail. Thanks. Campaign 2016 is just weeks away. A pivotal vote on pot, the cannabis race may be closer than anyone thought. It is one of the controversial measures. They approved medical marijuana years ago. Now it would tax the recreational use. U. S. Sa poll says 32 say yes and 40 say no. Joining us and phil, the routs show no slam dunk. Usually with a controversial measure like this, you want to have a 5, 7, even 10 point edge because voters tend to say know in the closing point. That edge may be going up in smoke. Reporter with the support of big names like the california medical association, the naacp and newsom, six in ten voters were ready to legalize recreational marijuana. This is about getting drug dealers off the street. But new poll of california voters show support dropping to a much narrower 52 with 40 of the voters saying no and 8 still undecided. This issue is not about whether or not marijuana should be legalized. Its how should it be legalized. Support for legalizatio