All that and so much on making money. Charles obviously it was a tough week last week for the stock market but by the time the dust settled the year had become even more screwed as it was. Only 193 stocks in the s p were higher for the year. There were actually more losers on the nasdaq than there were more winners. I have no problem with the hit megagrowth stocks hit. Theyre still under pressure. I expect the trillion dollar stocks to be okay in the long run. But for the rest of the market, there were signs late friday that foreshadowed todays rebound. S p 500 held at a key support level. There was huge buying volume into the close on friday. The 10year yield marching higher. All the issues bothering the market are still unresolved and major indices must close higher to reverse the downtrend. In fact i think the s p 500 has to get above 3400 before you see buying go big time . Where does the market go from here, more importantly where should you be positioned . I want to ask Money Map
Television. You look at some of the results in wisconsin, so, you know, whether im up one or down one, it is right in the thing. I think were going to win wisconsin because we have a lot of people we dont want to talk to you. They go vote for trump, right . The hidden voter, whatever they call them. Somebody said theyre the shy voters. My people are not shy. [cheering] but, in wisconsin neil were monitoring the president right now, part of a whirlwind tour today that will take no fewer than five different cities today. President speaking in North Carolina. To the right of your screen, joe biden has just started speaking in cleveland. To be fair, were scrupulous about this well continue with the president another ten minutes or so. Try to give the same amount of time to joe biden right afterwards. We resume with the president of the United States. Now the real number, you know i could lose it. I could win it. I dont know i did a lot of good things for wisconsin, lets say it is even. I c
Treatments it will be one of the jitters. Add them to many in the markets here. All in all taking it relative stride. I say relative stride. Again the Administration Front and center today, getting idea, talking to Economic Club members from around the country what the president thinks is going on to the economy. He is the best bet for the economy. Teasing a middle income tax cut as well if he were to get reelected. Fallout from the comments. The president s busy Campaign Schedule with blake burman from the white house. Hey, blake. Reporter i feel like there is a news burst leading up to the minutes of this show. That is certainly the case. Let me walk you through in and around washington the last half hour. Treasury secretary Steve Mnuchin speaking right now. He echoed a lot of comments, similar comments that Mitch Mcconnell and nancy pelosi made in the most recent days. The treasury secretary saying as it relates to a possible covid relief package it would be tough to get done before
Stop the steal movement the times also details gop congresswoman laura bobert of colorados, close connections to Militia Group, colleague the 3 ers that had at least one member who entered the capitol, and matt gaetz connections is described this way republican tiff gaetz of florida appeared at an event attended by members of the proud boys, another Extremist Organization whose role in the assault like those of the oath keepers and Three Percenters is being investigated. The times said in signaling either overt or tacit support, a small vocal band of republicans now serving in the house provided legitimacy and publicity to Extremist Groups and movements as they built toward their role in supporting mr. Trumps efforts to subvert the outcome of the 2020 election and the attack on congress. This caucus of extremists, which including the qanonsupporting Conspiracy Theory peddling Marjorie Taylor greene, appear to be creating incorrect tension on capitol hill right now, to the point that on
Folks. Also all of this as the Justice Department filing a historic lawsuit against google accusing the company of stifling competition in the online, in the search world. Well have details here. Produce what it means for your portfolio. That and much more on making money. Charles major indid i sees holding on to gains but there is a pattern fading toward the bell. Earnings including higher guidance in the Current Quarter from key names like proctor gamble. Youre biggest winner of all stocks in the s p, kohls. Continues my theme of investing in brick and mortar names. One of my guests agree. If there is any mercy, it will come to a halt today, deal or no deal. Get it over with. As smart folks are bringing about all of this. Talk to them now. Eddie gabor. Dani hughes and federated Portfolio Manager equity steve chef a rohn. By the way i hope this is the last time we ever have to talk about this topic but lets do it. Lets handicap the stimulus saga. I will start with you, eddie, what hap