Dining and indoor Retail Shopping yet kron fours will tran there live with more on what well expect good morning. Well. You can expect more and see outdoors that wasnt the 3 months ago, and it certainly wasnt the case yesterday because that was not allowed now you can do that and a lot of places are getting ready in fact let me show you some video. Places we caught just about 15 minutes ago they were outside sitting up the tables a lot of places. They started bright and early this is a great day for them because theyve had to take out. But take out doesnt produce as much money or customers as the dying in experience. Starting today you can do Outdoor Dining. If its 6 or fewer people in your social bottle of the restaurants are just 18 for this to happen because theyve seen the other counties they had a head start on Alameda County. And the reason why Alameda County was a little bit slower and the other counties because of coronavirus cases they have the most cases in the bay area at ap
The nascar actually advanced 6. 7 led by the cramer covid stocks thats what this market was about. Zoom video followed by slack, they are all surging. You know what they have in common, dont they these are the stay at home economy stocks i am proud that we have had all but one of these on the show i am trying to bring them all to you. Why does this happen because today we started worrying again about the pandemic cases are spiking. That defines the action even though we got a strong onetwo punch of the three js, johnson, johnson and jay. Since starting human trials, july is around the corner. Very positive. No reason for j. And j. To come on and talk about it unless they really had confidence. That tells me they are the real deal j and j is one of the least hyped companies in the world and then jay powell. Worst q 2 on record. How will he do it . Whatever it takes. I wish powell would own up to what is really going on here he will do what he can to keep the balls in the air until the b
Fractional gains across the board with the russell up the strongest as investors try to assess the weekend impact. Its the first trading day of june joe, whats your inter preation of whats going on as it relates today i think the market is responding to what was a better than feared ism manufacturing report again, it goes back to the theme of the last couple of weeks that the economy is opening domestically and globally better than anticipated i think the positive reaction youre seeing in financials today up over 1 that indicative of the perception that the economy is opening up better than expected. There are a confluence of head winds that are greeting the market and you rightly define them at the top of the show. I think the market will price in that con tentious nature the right strategy as i continue to suggest the balance between the growth names that have gotten us here, the Technology Growth oriented v shape recovery stocks and what i would define as quality value shannon, you
Leave big tech for long. Look at this. Apple is back up by 7. Microsoft, 3. 50. Amazon, thats up 40 bucks. Alphabet up 21. Facebook up nearly five. Solid gains. Got it. All right. Its 6 00 on the west coast and the people of seattle are waking up to a full scale insurrection. I use that word deliberately because thats what it is. The capitol hill district in the city is now known as chaz. That is the capitol hill autonomous zone. Police officers have abandoned their precinct, the anarchists are in charge and the mayor says its not terrorism, its patriotism. You ever think an American City would cede control willingly to anarchy . It just happened. Varney company is about to begin. They dont straighten that situation out, were going to straighten it out. What i mean is very simple. Were not going to let seattle be occupied by anarchists. Were not going to let this happen in seattle. If we have to go in, were going to go in. The governors either going to do it, let the governor do it. He
Yesterdays stomach churning day during which the dow saw its fourth biggest point drop in history. 1,861 points. Equity losses of 2 trillion dollars just shaved right off. One of the triggers from yesterday is the same one thats pulling the oxygen out of todays rally. Worries about a longer recovery and a second wave of the coronavirus pandemic rearing its ugly head. One of the most widely followed economists on the street, in this final hour, what he sees as the biggest obstacle to a more persistent and longer stretched market and economic rebound. Plus, College Football taking baby steps the put the pandemic behind it as players get the green light to begin workouts this coming monday. So could we really see oregon and cal and ucla and yes usc football in the fall . The commissioner of the pac 12 is here in a fox business exclusive. Yes, i will ask, will there be fans . Plus poking fun at the brand new playstation 5 . Portfolio margin protectors and charlie breaks it on the players l