Considering the increased volume, and to your point the incredible run up that both stocks have had. However, i think people forget that Capital Management is the this man as a sense of biggest thing that a Retail Investor has to do now this may make people in a situation where buying 100 devotion welcome to squawk alley. Shares, et cetera, is not such a the s p trying to build on a six giant part of their account. Day win streak already on pace for the best august since the late 1980s. Were hanging on to one point. Tesla is up 16 this month, has that demand been baked in or pretty good numbers on consumer do you see further room to gain confidence were waiting for the tesla and after monday also . I may punt a little on those apple splits effective on questions. I dont directly cover apple or monday my eye is on this divide tesla. I look at stock splits across a between enterprise on premise performance and Enterprise Cloud Broad Technology sectors usually it is nonevents performance.
Is two parts to that last night i focused on the major averages are not representative of the broader economy. Something held true today with the dow and s p losing 4. 4 and nasdaq sinking 5. 7 after the dollar skyrocketed something we warned about because the fed made it confusing how much they will keep helping the economy. The stronger dollar isnt great but the incredible v shape rally in the stock market doesnt jive with reality in a world where we still have double digit unemployment tonight, though, we need to talk about the other part of the sentence the stock market doesnt reflect Current Conditions emphasis on the word current why . The market is a forecast machine across the ball and supposed to be appearing six to nine months in the future. Maybe the economy is in rough shape. Let say they reflect next february so what are the odds the economy will be in much better condition by then because some people would say stocks are saying. Thats the key question. Tonight, i want to
Alibaba is one of both greed and redemption right now, the same could be said about the internet stock. This is an interesting situation. Mike khouw explains to how to avoid the thieves. Its time to risk less and make more options action starts right now. Lets get right to it. Its been a wild ride for the market since the march bottom, but its the commodities that have really taken off. Gold and silver seeing big gains as some investors fly to safety, while crude and copper are popping on hopes of higher demand, but that group is not the only game in town. Could now be the time to take a harder look at the soft commodities. Carter werth is digging into a unique way to play carter, what are you looking at . Its really true its been very dynamic for precious metals, but to think crude went negative, almost 40 a barrel and bounced back. And we know other industrial commodities like copper, as you said, are in play, if indeed theres a recovery but the softs, now, the grains are a little bi
Maybe call it the ultimate catchup trade. If you missed the markets record rebound, fear not because we have three stocks that could be primed to pop later, tiktok you dont stop giving us news, that is. Theres a strange new suitor for the red hot social media app that our traders have our own take of who should put a ring on it so much to get through in the next hour, but let us begin at the beginning a brand new record close for the s p 500. This is by far the fastest bear market exit in history it has been just over 100 days since the benchmark index plunged with lows of the year. Need i remind you of the pandemic panic of march. Were up 55 since then. Its close today by the ever so slimmest of margins putting an official end to the bear market. Guy, the market acting like the pandemic induced lockdown and mass job losses simply never happened is this all, thank you, mr. Federal reserve . Of course it is y the Balance Sheet in february was 4 trillion, now howevering on the side of 7
Tweet earlier in the hour does suggest that you think these retailers are prepping us for numbers that are going to be tough to replicate. Yeah, i think that they have to, carl they all know that america was flush from the 1,200 check and they also know there is a lot of stay at home people trying to make their homes into an office and a home, and that thats largely passed now, that doesnt mean that you shouldnt buy these stocks because that money went to these essential retailers and now theyre stronger than ever, but i know that if you are if you are at walmart it does not pay to say this is going to continue same thing with home depot i say you wait, let them come down and recognize that these are just so good that you want to be in them. Particularly, say, if a lowes comes down, thats kind of attractive, they report tomorrow look, these are remarkable companies, but they are also given as remarkable companies are to humility and to a respect to the individual investor they dont wan