49 cents today, 3346. You gotta see tesla, jeffries is alien that stock could go to 2500 a share, maybe 3000, its up 23 bucks premarket. As we keep saying, you are watching history. The open today, the dow is going to be down about 20 odd points, then we have the s p, its hit 17 new highs this year, itll be up again this morning, the nasdaq has hit 38 highs and up again first thing this morning. Blockbuster economic news, google good orders come up 11 . That is money, now politics. An audacious second night at the Republican Convention, the president parted a bank robber, then he surprised five immigrants making them instant citizens right there in the oval office. Mike pompeo appeared from jerusalem and niclas salmon said you cannot cancel me. But it was First Lady Melania Trump who stole the show at least for me. She walked down the white house and delivered a speech about growing up economy and is him and yearning to complement america. An immigrant who likes it here. I promise, you
Optimism. I profoundly accept this nomination for president of the United States. More highlights the complex reaction from trent 2020 National Press secretary. Also violent protest rocky wisconsin this week following the police shooting, American Cities are in chaos that there is hope later in the hour i will share with you some powerful messages from the arrest whose poised and formed all of us how to handle domestic strives and how to heal our nation faster. All of that and so much more on making money. Charles its interesting all morning has a latesummer feel but the upward bias is firmly intact as the nasdaq and s p continues the power to new highs on a daily basis and now its going to attempt to finish the session positive for 2020, one of the oldest actions on wall street is that new highs to get new highs, as this as investors get weakening from jay powell as Interest Rates are confirmed, that will not be a problem, in the meantime Economic Data continues to come in very strong
Data, the u. S. Saying that beijing underplayed the number of cases and deaths. And we work may take legal action that softbank wants better terms on theirh rescue plan. Haidi . Inflationary pressures or lack thereof from south korea coming through the cps for the month of march. We are seeing a contraction of 0. 2 , better than the contraction we were expecting of 0. 4 . That is a month on month figure for Consumer Price pressures and south korea for the month of march. In atmber on year coming 1 , so a little better than 0. 8 expected, a little softer from the 1 reading in february. Expectingse have been some demand as well as the impact of lower energy costs, lower oil costs, the plunge in oil prices, down an average of almost 50 year on year so far this month. Debtor february february data carried through, and you would expect that to carry through to april as well. That is the south korean numbers. We have been looking at a lower open going into the trading in seoul and tokyo. Let
Took that out. So we got to do. We got one way in another way and on the other side, thats a one way road. And weve got an area that we have to contain that is at least 5 square miles. And it is full of our loved ones. More than 4000. 00 police and soldiers have raven a prison in ecuador, they detained, a convicted drug dealer and motor a suspected of opening, the king of the president ial candidates. Fernando, the defend seals, and if you have a sense, use windows as the equity on all far to should be held accountable for her husbands kenneth. A. None of the hugo, unless they did not protect him as they should have protected him. The state was in charge of an end or security. The state is directly responsible for the murder of my husband. The states still has to give many answers about everything that happened. His personal gods did not do the job. I do not want to think that they sold my husband to be noted in this way. West africans, regional block echo uh, system send a delegation
Trade overall, it takes us to our talk of the tape, the great bounce back for stocks and whether it is sustainable. Lets ask adam parker, ceo. You are not so sure this is sustainable and more cautious in a few months . Yes, last week when we spoke, conditions are still the same, an equal chance of a 10 up versus 10 down, that makes me less confident because the data are mixed. For every good thing, i get upside on retail sales, down on housing. There is some good and some bad and enough to feed the bulls and bears. You have to get to a soft landing somehow isnt that the definition are you looking for where are you looking for the economy to keep rolling along and figuring out the inflations way to work in your favor even if it didnt . Erode not imploded, the hominid dialects we knew we were going to slow but at what pace . The good news is, you dont have a synchronous contraction, so many things the cycles were at different times, housing on a different cycle than auto. On the things t