Slightly as the drugmaker did say it will seek that approval for an emergency use for its vaccine by late november. As carl mentioned, wall street looking to snap a threeday losing streak. September retail sales delivering a big beat. Futures up this morning. Carl david and leslie, a couple of things working in the bulls favor today. Three days down. A little bit of room to bounce back on the upside, david. But futures were slightly negative, then we got that open letter from pfizer, saying that we could be looking at potentially a request for an eua by mid to late november and retail sales with that blowout number for the month and year on year the figures, david, reflect a consumer that has put together a nest egg during the course of the summer, and that is continuing to provide some momentum for the consumer. It is funny, i go back to that interview i did with david berman of maybe six weeks ago already, but somebody who tracks retail sales, more closely perhaps than anyone. And in
We will begin, though, this morning with of course stocks, futures indicate an additional testing of that 3220 level on the s p. Were also talking about the possibility, however remote it might seem, of a relief package coming out of congress,given some conversation, jim, between secretary mnuchin and Speaker Pelosi do you think there is a chance i know that they both care passionately about Small Business if you look at the testimony yesterday by secretary mnuchin, he mentioned restaurants a couple of times. Thats where the yelp numbers that we get, yelp yikes is our vc, where the real damage s youre starting to talk about 50 of the bars and nightlife being closed in this country, thats way too big and i think that the secretary is really alluding to that david, do i think there will be a deal i think there is a sense that both sides feel a deal is bad for them, in other words, if they give if theres a stalemate, they will somehow do better at the election i dont think thats true, but
It and shares of astrazeneca falling premarket, the drug maker hitting pause on its late stage Coronavirus Vaccine trial. Jim, you just tweeted coming to us in a few. Fired up about what . Fired up because i think that people have given up we had 10 correction, most of the people i heard except for jim pullsen in the previous show basically say, look, this is a dangerous its a bubble, its a bubble, its a bubble. Now, i think that anytime the market opens up big, carl, i dont like it but europe is up strong, i think that this idea that its a bubble, what is the it is the it tech is the it apple . Is it tesla . Lets take it case by case ive seen things that have come down a lot that are very interesting. Its just that im not sitting here saying this is the moment where you must buy all the zoom in the world but zoom just fell 30 zoom had a really great quarter. I had cloud strike on last night. People will say these are viciously overvalued, but they have come down and maybe this is the
Say the least after a bit of a rebound the other day when i was on with you, yesterday i was not here for what was a decline overall in all the markets. I think we are in a new era of volatility. Every single time we get an up opening people say, okay, i guess that selloff is over and when we get the printed selloff people say this selloff is going to go on for ages. I urge people to step back and recognize we are in a period where theres a lot of vacuum, a lot of people trying to buy when its going up, a lot of people trying to sell when its going down and just interpret that as just being enthusiasm, greed and then fear and accept it that its here to stay because its really the undercurrent behind these moves. Okay. And what does that mean in terms of this socalled playbook that you often offer people who listen to what you have to say sure. It means that if you think that it is going to bounce today because it was down hard yesterday, dont make the first move wait to see whether the
Thomas martins is showing his successor tom hooper the borough mocker quarry a fossil site close to the town tom bhakti tots who can a is taking over as the paleontologist at play in stein castle in go top home to 290000000 year old treasures from the lower permian period martin spent 40 years digging through the earths history on the site and who can hopes his time will be similarly fruitful. The bro mocker in the thuringia forest is a very special fossil locality. In the season you could say the bra macher is the only lower permian locality in the world where tracks prints and the track makers that is skeletons basically be found in one layer just an island sheesh to fit in this group used to be a common academic consensus is that no one would ever find body fossils in this kind of reddish brown fine grain rocks. I guess some academic opinion shouldnt be written in stone. Of. Thomas martin showed the consensus to be mistaken with the help of a bone he found as a young geologist at th