Aoc has no understanding or standing, yes thats right, on how to run a general election the suburbs and state street aoc is in a district that is six to one democrat and she could not find a republican in her district with binoculars. Great quotes. Earlier this week than your congressman laptop the suggestion that she is the wedge in the party. Watch. There are at least inhouse caucus in very deep Division Within the party. And i believe that we need to really come together and not allow republican narratives to tear us apart. As you mentioned we have a slimmer democrat majority parties going to be more important than ever for us to Work Together not fight each other. And so when we kind of come out swinging, not 48 after tuesday, it will when we do not even have solid data yet pointing fingers, and telling each other what to do it deepens the division in the party. It is irresponsible. It is irresponsible to pour gasoline on these very delicate tensions in the party. Kennedy congressw
Correction from the march lows. Joining us is a chief market technician. Nasdaq, what is the level that we stabilize at . That is a great question. I think rather than looking at the levels, i think it is more about duration. We need more than one or two days of selling to alleviate the excess that we have built up over the last few months. Anybody who has been following the markets, equities seemingly have grind it higher every single day, so there is a lot of excess, a lot of exuberance built into the market. A a day or so of the selling pressure is not going to alleviate that. Where we kindbove of should be, are we . I guess it is the question people are trying to understand. We did push up aggressively, steadily though, but it has taken us above the 50, 100 and 200 Day Moving Averages. We are starting out to get back down to levels closer to the 50 Day Moving Average. How important is that going to be as a level we need to Pay Attention to . The 100 and 200 are still a ways away. T
Markets with the best three months in decades. The dow saw the best quarterly performance since 1987 the nasdaq had its best gain since 1999 and ended the quarter up 30 take a look at the small cap up 25 since april 1 the best gain since the First Quarter of 1991. Because the First Quarter really stunk up the place the dow coming off the worst first haflt year since the financial kri sis. The s p still down 4 on the year yesterday was something to watch. We had all three major averages which did close for the month of june in positive territory you are looking at s p 500 closing above 3,100 and watching the nasdaq close above 10,000. Seeing a slight pull back. S p futures down about 10 points and nasdaq off by 25 weve been keeping track of the treasury market. The 10year has been below 0. 7 . Now sitting at 0. 684 . Crude oil prices were a huge point of concern earlier in the year up 40. Well see what could help the senate has voted to extend the ppp Bailout Program to august 8 giving
Where people cannot really go to showrooms . What is the bigger problem, selling the car as you want to make, or making the cars that you are used to making . Biggest challenge early on was getting back so that we could make vehicles. We had a lot of work to do to make sure we took all the necessary precautions, learned lessons from china, korea, from our work in making ventilators and masks, and putting that to practice to bring people back to build vehicles. I am proud of how will the team adapted to working from home, and our dealers who have been great partners, going mostly online for the sales process, and developing a clean delivery system. Everyone adapted fairly well. Lifelongu were a General Motors person, you grew up in michigan, your father worked at pontiac. Stanford Business School and then came back to General Motors, worked her way up. Havee last six years, you been the ceo of the company. You worked through the Great Recession, also through 9 11. Compare this situation
Retailers get the green light to take down the plywood and partially reopen their doors. Anything that gets our Small Businesses open and lets people know that they are open is very important. Starting monday, many stores will offer curbside pickup. We have our factories opening up again tomorrow. So well be playing catchup. Derek owns sofa creations in San Francisco and san rafael. Both stores will offer curbside delivery. One customer at a time will be allowed inside stores. I think the mask is a big thing. As long as the employees are wearing a mask and the customer is care withing a mask. The city tweeted out guidelines in four languages, but not ever business will be allowed to unlock their doors. We closed last monday when i got a citation. He has on the other hand Smoke Signals for 25 years, but police shut him down last week, saying his business was not essential, even though he sells. When you sell on average 500 different newspapers a week, there is a lot of customers upset w