Against the pandemic and when were losing, we buy the cramer covid19 index. Oh, i wish there were more to it than that. But when the virus seems unstoppable. You go back to the wealth and buy the stocks of the companies regardless of valuation. Thats how the dow gained 236 points today the s p advanced 2. 7 . And winners surge 1. 47 . This rally was extra infuriating to anyone who thinks the market should be linked to washingtons inability to pass another stimulus bill now that the 600 a week benefits have expired the rising case counts in so many states, california over 500,000 that forced closures of flagging businesses. So let me give you the guide to the perplexed. Because when you go to the tape and look at whats winning, its actually very straightforward. Theres nothing counterintuitive about this move. Its not crazy its not illogical in fact, it makes perfect sense. Lets do this. Lets consider the 15 best performers of the covid19 index. First, theres fastly. This is a platform
You said, we can sell anything, and i think i need to put that to the test. But if they cant put aside their pride and arrogance. Parker im pretty sure that i ran the biggest business before out of all of us. Travis ive actually done more than you in three businesses that ive owned. You havent taken the time to learn [bleep] lemonis . And prove to me that they can achieve the goals ive set for them. Have you figured out your specific business entirely . Taylor no. Lemonis well, what the [bleep] nobodys stopping you from figuring that out. Taylor were trying. Lemonis . Theyre gonna lose this follower for good. Taylor this is where we think we can add the most value because we just lemonis well, youre not gonna add the most value by getting it and pissing people off. Thats not a good way to add value. My name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering
The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers in hard hit areas postponed purchases including hospitality, retail and transportation clients shares of groupon reported a First Quarter loss that wasnt as bad as expected saying it was challenging, people turned to discounts on Warehouse Club members, flour delivery and e learning. I was willing to send some flowers. We waited up late
Close in 2020. Big day yesterday. Autonomous chaos meanwhile. Seattle looking to dismantle the capitol hill occupied protests as new one pops up in washington, d. C. Plus, back to the ball game, Major League Baseball looks to assure season this year but the players still need to get on board. More on sports talk, stay with us next hour tennis pro joining me live to talk about future of u. S. Open and new bourbon venture. We will talk with one ceo who kept employees on the payroll and bringing new ones on, mornings with maria is live right now. Maria european markets are seeing uptick this morning. The ftse 100 up 65, cac quarante in paris up 72 and dax index in germany high by 76. In asia green across the board. The japanese nikkei average overnight up half of 1 . Now the top stories that we are watching this morning. Major unrest on nations capitol as protestors attempt to create what they are calling a black house autonomous zone right outside of the white house with large garbage ca
Expected i think were going through a period of i hate to use that cliche, rational exuberance. People want to get back in the market and theyre being when you see this nickel you featured highly for the last couple days, people are just anxious to put money. Theres a lot of money on the sidelines. And i personally think that we should be concerned and be concerned about whats ahead for the economy. The rest of the summer and into the fall i mean, i think were living in artificial dream world at the moment i think unemployment is going to increase i think that businesses are not going to come back to work as fast as they have. On the other hand, on the other hand, and im going to be selfish, we have companies that are doing well in this environment. But they in special neariches. There are companies who are going to increase and probably certainly a company like facebook and apple and several of the others you mentioned are beneficiaries of this times were living, the Delivery Companie