Questions, i think, heading into this new month is can big tech stage a big rebound because september was fairly dismal. Apple was down more than 10 alphabet down 10 microsoft down almost 7. Amazon down almost 9 facebook down 10 y do you see all those pull backs represent consolidation. That up trend remains thoroughly undisturbed. I really dont think profit taking and consolidation the month of september end up being meaningful i could be wrong thats the way i would think about it 42 of stocks in the s p five hundred are above their 50 day more than half of the market is not. The consumer stock, Consumer Discretionary looks incredible equal weight retail looks great. Anything that has to do with the consumer looks pretty darn good. The big trends are all in place. Target, new highs. Walmart looks like it wants to break out again. This morning i heard 11 of americans are now already paying for walmart plus they rolled this thing two weeks ago. They have 11 of the country as m paying me
It is armageddon, moments ago the president told fox friends, he would not name his nomination to the court until after the services for Justice Ginsburg are completed, he said he would announce friday or saturday. He said he would move quickly, he said time for a vote before the election. Now look at this, a wall street selloff, major leagues, all kinds of problems for investors, election chaos seems to be a certainty that could even be a constitutional crisis of the Supreme Court has to decide the election and there are only eight sitting justices, there could be a tie. A second wave of virus infections has hit europe, especially britain, there are worries and comes here. China holding military maneuvers as a u. S. Envoy heads to taiwan. Grandpa got up and look what you got. The dow will be down 500, maybe 600 points at the opening bell, the s p 53 points lower in the nasdaq down 170, that is a selloff, in a moment you will hear more from the president because later on today he is he
As the country mourns the justices death President Trump and other Top Republicans are already making plans to fill her seat on the high court at a raleigh north carolina, the president said he could name his Supreme Court nominee as early as next week. And said it will likely be a woman Kayla Strayer has that story tonight with just 45 days until election day President Donald Trump telling a large crowd in fayetteville tonight that he will quickly nominate a replacement for the late Supreme Court justice ruth ginsburg. Josie yet, but we have numbers women on the list i built this incredible list of brilliant people. The crowd chanting fill that seat. The president then taking a poll of the crowd in fayetteville asking if they want him to nominate a man or a woman the crowd shouting louder for a woman disapprove. Democrats want the nomination delayed until after the election, but republican senator thom tillis now locked in a selection battle telling the crowd. The president has the re
And 15 minutes. All persons having business before the court of appeals issued by the columbia circuit are to give their attention for the court is now sitting. God save the United States. Case number 195331. Committee on the house of representatives. Versus donald mcgann. [indiscernible] good morning. Good morning. May it please the court. The House Judiciary Committee seeks to serve an implied cause of action to enforce the subpoena to compel mr. Mcgahn to testify regarding his duties as white House Counsel over the objection of the president of the United States. Regarding his duties as white House Counsel over the objection of the president of the United States. Dispute over institutional prerogative bears no resemblance to the cases are controversies that could be heard under article three. Moreover, while congress has purported to authorize senate in fact, for that reason. Is there a more fundamental question now . The article three question . Article three standing and federal m
It will be hot and muggy today. Did your seat for those well inland. Fire dentures go up and possible showers sunday night into monday. We are just getting a lot of high clouds. 60s and 70s. 74 in san jose. Thats very warm. Record highs likely today for many including San Francisco. Heat advisory from the bayside location starts at 11 am. Inland areas heat watch starts at 8 am. Temperatures are soaring above average highs for this time of year with livermore penciling in 108 and should be 88. And now we are seeing things picking up at the bridges. Lets start at the bay improved, actually. We had a bigger crowd at 6 30 am and now its 7 00, it seems to have disappeared. Traffic is moving along very nicely here. Looking at your screen, not a lot going on. Also, as you see, interstate 880 in oakland with traffic moving along okay in both directions. Because of the hot weather today, the organization that manages our states power grid is urging people to conserve energy. Demand for energy i