Of mind blowing. Check out these numbers, the six biggest tech stocks losing more than 1 trillion in value in three days apple, microsoft, amazon, microsoft, tesla and facebook. This is kind of unbelievable on the way up, we kind of get i wont say we get used to it. Complacent. We dont quite notice it as much after the split, was apple up 40 or something remember when we were arguing about tesla at 500 a share . Look where it went eastbound the s p was up almost 60 since march. You get these crazy moves to the upside we should have been able to watch this after all these years and how quickly the corrections can come to get that move and have a correction in three days maybe we need to even revise the terms for how we talk about it given what the nasdaq has done, that perspective it is nothing it is not that shocking if you are a longterm investor, this is no big deal. If you were looking at this. Those six stocks losing a trillion in value, they are still up several trillions you are
Considerable. What the iranian government has said is that the british ship had switched of communication devices for that not to be detected and it was going the wrong way in the streets of hormuz which is a danger to other ships the reason the british thank you has done that is probably to avoid. Iranian forces because i think the British Government realize that you may be looking to confiscate a ship as a retaliation for what they did to the iranian ship right but the british tanker did was sorry but there are also the iranian authorities are also suggesting that this tanker was involved in an accident with the reigning fishing iranian fishing that. Yes when you turn off your communication devices you get into accidents so what the british ship did was not legal under International Law and iran had the right to confiscate the ship for india injuring the lives of others but i think in normal situations iran would have given the ship a warning in a set of confiscating the ship the fac
Moment and the nasdaq is up another 76 our road map this morning starts with the stocks surge all time highs. It is longest winning streak big techs, big problem why the new head of instagram think breaking up facebook would make it a less safe space. Share of beyond meat taking a dive after a downgrade the top is in only after 600 rally. Someone else i know has been talking a lot about beyond meat which well get to a minute. This is a beyond incredible rally. The dow is up 1300 points in like six days. Scott, great to see you first of all people came in your show describes it all the time. People came in short this month. Why . Because may is so bad. Why would they . The president goes off the real with mexican tariffs. Things are just too out of control. They just have this whole washington, it is just nasty today how does things reverse itself the risks are in we get a piece out i dont know if you saw a 50 increase break up google. 50 increase if it breaks up what can i say apple is