First, new highs for several growth tech keeps going up it does its funny, though, we see our sunrise and reallocating into some areas that, you know, im sure for longerterm holdings, but theyre moving them into some of the retail and travel names. So were seeing some folks take some profits, which i wouldnt necessarily be doing right now, but taking some profits out of those highflying tech names and moving them over a bit right now my personal portfolio, obviously, im very keen in whats going on in the hightech names and holding on to the facebooks of the world i have moved into some financials and other places, but its interesting to see what folks are doing out in the market. Well get to some of the things you have done in a some in kevin, sailing or a swoon this weekend . Good news on a vaccine from pfizer today well hear about vaccines in the months ahead, a lot about the elections the months ago. I think there will be a lot of concern about all of these issues i look at the news
The dow is at 25,600 is the low for the weekt. Joining us this morning to talk about that is a u. S. Equity executive strategy director. And i think maybe the first time we had you on our air, welcome thank you, it is good to be on and i appreciate the time this morning we love getting the insight nanny general your Research Notes have been really clear in spelling out a narrative on the kbas baskets that work for stocks i argue it is a relatively bullish tone, but how would you put it i think the way were looking at this is were ultimately confident that you have a v sharped recovery and ultimately you have a strong fiscal stimulus to provide an effective bridge to 2021 now mic and my team have also been positive on the operating leverage story particularly as were seeing increased prevalence of companies having to do more with less just like coming out of any other resection, that generates operating leverage and i think that is actually this emerging theme for life after covid and i
243 new confirmed cases of covid19 in marin county alone. Up from 165 cases during the same number of days ending on may 27th. This increase is among the highest per capita in the bay area. San mateo, San Francisco and alameda are slightly higher. Two days ago, Health Officials in marin county attributed their increase, not to their reopening but to the memorial day weekend activities. Families went on road trips and neighbors gathered. Sometimes wearing face coverings, sometimes not. Sometimes staying six feet apart and sometimes not. Still this graphic shows how the rolling average of bay area cases peaked somewhere around midapril weeks after the shelter in place order went into effect. The average declined but notice how they have been slowly going up as restrictions continue to be lifted. Heres where Health Officials have seen the most new confirmed cases in the bay area in the past 14 days. San mateo county, followed by San Francisco, alameda, and marin counties. Its not clear if
Group in the middle of solvable problems that have not yet been solved. Thats what i call the perfect problem because that in fact is the focus of what i think entrepreneurship is. In other words, you are looking for a way to solve the problem that is solvable but has not been done. Youre going to have to do something new but you dont get a copy. What happened with jack, jack dorsey and i i hired jack when he was 15, he was a High School Student, came into work at a company that i still have and i dont run any of my companies they just sell them, this ones been around for 30 years and jack and i worked together and he went off to college and he got kicked out of twitter and the first time i guess. And they showed him the door and he came back to st. Louis and we were heading out and talking. And we decided we would Start Company together. So then we were kicking around for ideas, he did not have an idea and i did not have an idea so we look for problems i solve and we came up with the
From tjx to l brands to bjs as they report sales better than feared. Coming up on todays show, the view from the south. We will speak with atlanta fed president Raphael Bostic about how reopening is going in his district plus, Scott Gottlieb has called Antibody Testing a game changer. We will speak with the head of quedel and we will ask how his companys rapid diagnostic measures are up to the traditional tests we talk so often about. As sarah said, lower 0. 6 but off the sessions low Mike Santelli is tracking a volatile day for the market. Joining us to discuss big money being spent in the race for a vaccine are Chris Meekins from Raymond James and meg terrell as always mike, lets start with you. Yes s p 500 pausing right below levels everybody is walking, 3,000 on the upside, right around the 200day average look at a oneyear chart of the s p, we spent most of last summer in this relatively narrow defined range between 2,800 and a little over 3,000. So it is familiar territory. I dont