There . Guest well, theres always been, as is typical in all families, a sibling competition there. Alice was a very conservative woman, and about 17 years older than her younger sister, and as a result, she saw herself as surrogate parent, and nell was always extroverted and a little bohemian in her opinions and her appearance, and alice, for all of her life, served as the buffer between her younger sister and the world that was hungry to know more about her. You can watch this and other programs online at booktv. Org. Now, on your screen, is a live picture of the Old Supreme Court chamber in the Mississippi State capitol. Booktv is in jackson this weekend, covering the first annual mississippi book festival and well be back in just a couple of minutes with more live coverage. [inaudible conversations] one day late in the 2000s i was looking at this library and i asked myself, how did all this music actually get here . How is this actually possible . And i began to investigate this. I
Points s p backslid, nasdaq declined. Stock market is a market like any other market. When theres too much demand, stocks go higher when theres too much supply as in the last couple of hours of the day, stocks go lower today you can see supply and demand dynamics in action. Often forget thats what its about. Demand side of the equation. Right now all about tech, transports, huge demand for Semiconductor Stocks, gaming stocks, data center, ecommerce, social media and so far. Airlines, freight and railways where is the supply coming retail sector. Bordering on travesty. So much merchandise for sale in the retail aisle of the stock market theyre marking it down as if the whole store is closing. Sell sell sell sell sell sell sell sell sell sell sell sell sell. Its a total Liquidation Sale oils are headed down too this is another story weve seen before too much oil in inventory and no place to put more of it. Oil Companies Keep selling futures struck at 50 a barrel nothing has changed. Crud
Many thanks to all of you for being here this evening. Thank you for joining us. Thank you so much for your time and being so generous with your most precious commodity, which is your time. [applause] be safe everybody. House Majority Leader Kevin Mccarthy and House Minority whip have been leading a congressional delegation to read hurricane to examine recovery efforts. This weekend, puerto ricos resident commissioner shared several photos on twitter of her and house colleagues, including this one with the u. S. Coast guard, while getting a tour of the florida keys. While members also received a briefing from the coast guard and fema. Tuesday. Returns on the agenda, extending funding for the Childrens Health insurance program, a repeal of the Health Care Law of the independent advisory board. A republican tax reform bill is set to be announced. You can watch the house live here on cspan. The sun is back monday for judicial nominations, including Circuit Court nominees. Is confirmed, al
Happen because the journal story last night, also about the huge i think its 7 or 6 of the market are now owned by etfs, which is great until its not. There is a growing group of folks who are thinking if were just buying stocks en masse, will any reversal like the qqq, 100 stocks effectively. But five stocksmake up 40 of the index. So thats why people say, why do you talk about these stocks all the time because their weight matters. Theyre so powerful within the index. Earlier today, i was looking at the s p 500, there were probably only 75 stocks that were positive on the day. By the way, the last down month for nasdaq was october of last year for the s p and dow. It was sooner than i thought it was actually back in march. We should appointment out, this isnt a complete selloff this is a day very much about rotation youve got correct. Selloffs in the momentum stocks, technology in particular a lot of those stocks are not returning to levels that are frightping at this point yet but p
Dow on track for the worst month since january. Icahn the latest the step down as an adviser to the president and now looks like there maybe communications with all of that and another shot fired in adps ackman battle. Well break down what that means. Four week losing streak for the nasdaq and given sort of these levels here. Not surprising that the dow is on track for the first month since january. I have been watching and reading and theres people that feel that a 2 correction was warranted. Thats not a correction. I mean, we had a meandering. Things have been good. Theres things like foot locker that are devastating things like estee lauder its just hanging in there oil tried to put a bottom in on friday news camp was good for oil but that was the most noteworthy thing that i saw obviously the bannon news was okay cohen in and banno out. The failed socalled bannon rally bother you. Not at all. Were at a moment where theres more people taking vacation than usual. These things i know