Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. And it is exactly two months to the election, and the two campaigns are in high gear. Joe biden has reversed himself. He will travel to kenosha today. He said he wouldnt go, now he is going to be the comforter in chief. What will he say to the burnedout Business Owners . President trump goes to pennsylvania. Hell speak at Arnold Palmer airport just east of pittsburgh. Ive got a feeling hell talk about fracking. Stay with us, please. Youve got to say what Speaker Pelosi is saying about her break th
Another one coming in half an hour from now. Lets go through the techs because they are obviously doing well. Apple, you have to share with apple, tens of millions of shareholders, up again 3 bucks higher, 137. Amazon, now well above the 3,500dollar mark, the company is worth over 1. 7 trillion. Microsoft, also worth 1. 7 trillion with another record high. Up another buck today at 228. We will bring you the rest of the tech titans in a moment, just wait till you see zoom and how much its worth. Politics, you are going to see a sharp contrast in Campaign Styles today. The president continues to fly all over the place answering reporters questions whenever possible. Hes off to North Carolina today. Joe biden will not be getting on a plane when he travels to wilmington, delaware. He never goes far and shies away from reporters questions. This is becoming a political issue, favoring President Trump, hes out and about almost every day. Joe seems unwilling to abandon his basement strategy an
Any sale must include a substantial payment to the u. S. Government viewed and results season continues. Bps dividend expected to be cut for the First Time Since the deepwater horizon disaster. We will look at the toll coronavirus has taken on a drinks giant. Manus is just gone 6 00 a. M. In london and 9 00 a. M. In dubai. There is no sort of outstanding alpha driver this morning. We are grappling with different things. The unilateralism is alive and where. Unilateralism of trump to stand the unappointed benefits, of trump to deal with tiktok. That unilateralism i think is fed w rather than the this is betwixt good morning. Good morning. Nejra i am with you, it is hard to see any great conviction or catalyst in the market today. The rally we are seeing in asia seems to be feeding off what we saw in the u. S. Yesterday in terms of tech stocks. Was it just about the stay at home trade . Apple hit another record. Also interesting what we heard from the rba, especially since you are seeing
This obviously this process that is now being called the china for cation is in full swing so to set this up and what you might be able to talk about and add to this conversation is you know you were basically an informal diplomat you were working you were traveling to china you were working in bringing the United States you know especially the Entertainment Industry and Sports Industry to china and vice versa so you were a bull on that relationship where did that turn youre no longer a bull on that situation youre more of a hawk why well 1st of all thanks for having me back its always an honor you know the show and just to address that when joe beats you know mention that now its just me 1st things 1st lets call china a developed country at this point and have them follow those rules around the nation rules that would be a very easy fix to a lot of things that we need to address. If were looking at the step approach thats a great 1st step how did i change my outlook on on chime you kn
Record close of 2020 i talked yesterday about the stunning market cap gains this year for some names like amazon which has added 674 billion in market cap this year is it out of hand . Is this too much i think its a little too much maybe thats why youre coming to me first. You know i might be a little provocative here and say you can trim this doesnt have to be a digital on off decision of youre all in or all out of tech obviously, tech has fundamental business tail winds propelling the stocks higher. The top five stocks in the s p 500 are 23 . Unless youre used to running a 20 stock portfolio, which most people arent, that means the names are over weight. If you trim them and take two Percentage Points off and bring them down to four Percentage Points, now youre running a 25stock portfolio and youve taken 4 points out of the tech area, you can put it into whether ever you want. You can put it in health care which is on fire Energy Stocks are rolling today. Its okay to say things are h