Times. She is well known for her work knapsacks and to make weapons and all sorts of machinery for on Abraham Lincoln. In fact, her book team of rivals the war and obviously middlemen was the inspiration for steven made a way and produced spielbergs film lincoln in [inaudible] that fell apart in the rain and produced pistols that didnt 2012. Dr. Goodwin earned her ph. D. Work. You could see some of the at harvard, so coming up were worries that we might have going to reair her in depth evened today. But the interesting thing ias te secretary of war, was about to appearance where he discussed her entire body of work and took be censureed, and his whole viewer phone calls. Well also be showing you career, he felt, would be destroyed forever. Lincoln stood u fir of war and f excerpts from her books, but well tart with her january 1, ca are at fault, myself and my 1995, appearance on the cspan entire cin something totartponsd series book notes. She discussed franklin and ad question that w
Ten states are beginning to work on plans to open parts of their economy. Maybe in may, the fed launches a commercial paper funding fa s t facili facility there is an argument that calls for stocks to retest are fading. I thought yesterday was an important day with the dave kostin change. I did a lot of work, help with larry williams, about how many times when you have a 50 retracement or more, we have a retest the answer is almost never i think theres a lot of people coming on someone came on the air this morning and said in every single case you have to have a retest. Thats completely untrue if you bounced up 50 beginning last friday thats what we did. A lot of people say this thing is based on large cap companies. Thats what we do. Were not trading luncheonettes here thats not to the detriment of luncheonettes. Were not trading hair salons. Thats not the way it works. We trade Large Capitalization Companies that do better than smaller ones in this environment. Thats life. Is it fair
Gianna was also working from home, good morning. Good morning. If you are headed out and about this morning, you plan on commuting, so far so good. Is reported as a broken out vehicle. So crews will be headed out to the scene. Other than that all of the bay area bridges are not very quiet this morning looks like things have quieted down, no delays if you are making that between. U. S. Jobless have hit the 3. 3 million mark could you bring the previous record. The previous record was set back in 1982. We are going to have much more from jason brooks coming up. The Senate Finally voted on the massive stimulus package to help workers and businesses impacted by the coronavirus. The bill includes a cash payment of up to 1200 for most working americans, this is for people making less than 75,000 a year, anyone who makes more with the less than that. The government will rely on file 2019 tax returns for eligibility. We will have more on what this plan includes the next half hour. We will show
Futures trading was halted yo ed overnight. If were down 7 , you halt for 15 minutes down 13 , you halt for another 15 minutes if down 20 , you halt the remainder of the day some people wonder how long we will be trading at the open. Yeah. Look, i think the problem is twofold no one thought oil was coming. Theres a very, very different approach by some to whats happening with the virus some people are saying not enough others are saying, listen, were making too much of it. Im in the distinct not enough camp i come back and i keep thinking about david tepper and what he said to me at the super bowl i dont know if we have that i think we do is the booth ready on that going back to midfebruary early february day before the super bowl i came back and have never been the same i know people have accused me of being fear mongering for weeks now. No, i think im realest mongering. Were trying to back into it, you have to try to figure it out. Ruined the environment of the setup right now. Whats
Now. Lets get right to it its been a sturdy here with the xhp etf tracking the group outperforming the broad are markets. Look at some of the names leading the space. Dr horton. La nar all surging double digits and less than 5 from fresh 52woke highs. The chart master says one name is building up for an even big are break out. Carter head over to the plasma and break it down. Sure looking at whirlpool not a home builder but related nonetheless. And whirlpool mab a laggard i think thats the opportunity here the fiveyearchart. Two lines you can see the divergence le nar, poulty and other names orange whirlpool basically what you are talking about is no progress for the better part of five years. Literally not no progress bad versus this. Now watch. Here is the chart. How can we draw the line sns one way we can draw the lines is call this a double bottom. You can also call this a fairly big head and shoulders become. You can all this a cup and handle any way you splice it or dice it sugge