A San Francisco company is helping hundreds of thousands of families across california, including the bay area with a tool to protect themselves on the Coronavirus Fight kron fours Jonathan Mccall has details. It was back to school tuesday for students in pittsburgh. For the first time in months they return to campus but only to pick up the items left behind in their classrooms. But they do drive away with more than just pens and paper 2000 families also took home digital thermometers. District Officials Say the small devices will provide a big boost for families in the Coronavirus Fight these are really amazing thermometers they provide helpful tips. For our families and theres an app can next to the phone. To provide tons of information back to the families of these 2000 thermometers are just a fraction of the 400,000 being donated to School Districts across the golden state. For free. All courtesy of San Francisco based can to help the thermometer is especially in these very challen
Today in some of the comments out of retailers like burlington, anf, dollar tree, and Dollar General yes, if you look at the Dollar General, the numbers are just extraordinary i actually have never seen a Comp Store Sales number this good 21 versus 7 estimate. Dollar tree is going to be the one, david knows this well, people look like, you know what, now the dollar tree Family Dollar merger which had been so on the rocks, the judgment is its working and that stock could power much higher. Dollar tree. The opening trade is sapping the money out of tech. I dont know how much longer it can last thats such a great book in gary because he knows so much about what people are spending theyre essential because they have food, and i look at this market and i think how long with the dow up 4 can we actually say, hey, the reopening trade is just starting . Its already maybe too far too fast its very hard to figure, particularly because faang is being distorted by the president s tweets, facebook
The nasdaq is 1 higher. 715. 80. The yun at crude oil is rallying again after inventories earlier on were a massive surprise. 34 a barrel. Calmern calm her vix vix, below 28th. Lets get a market check with taylor riggs. Onlor a trend going underneath the service is it is the big caps outperforming the small caps. One of the day got performers today outperforming the nasdaq and the russell 2000, the. A lift off in 10 year yields, up to 70 basis points. Hsbc told me yesterday that their target is still around 50 basis points. You still see that 10year range where it has been the last few weeks. I want to show you a chart in my terminal. We have been talking about the rally in European Equity markets after an announcement of their recovery fund. That means it is catching up to the s p 500 on a former pe basis. The s p is about 27 times the european index. Pe up to about 20 times on a basis. I want to take a look at the home index. Forooks like it is losing the first time after a nineday r
Its time to risk less to make more options action starts now. Lets get right to it. After a volatile day of trading, the dow, s p and nasdaq all managing to close the day in the green, despite the move higher all three major indices posting their worst week since march much of todays trading activity came in response to the retail Sales Numbers down more than 16 in april thats nearly double the decline of marchs retail numbers. So, mike, with all of this volatility in stocks, what were you seeing in the options pit . Yeah. So this is a very interesting situation we have here normally, in my professional experience anyway, when we have these types of periods like the one that weve been going through we have basically some form of a market crisis. We see elevated volatility and we see elevated and implied volatility and we reached some sort of a zenith and then it starts to fall off and you take about 90 days or so and you see what the market is implying and normally in this situation, i
Days, weve seen the dow up over 1,000 points a gain of 553 yesterday and 529 points on tuesday. Looking this morning at the dow futures indicated up another 105 points we are back above 25,000 for the First Time Since march when watching the dow s p is up just under a point the nasdaq down around 54 points both of those indexed were hire yesterday as well. The 10year looks like it has been yielding around where weve been around 0. 677 we will continue to watch this this morning we have a lot of big guests coming up. Now to the moment weve all been waiting for. Joe and andrew, ill send it over to you. What moment would that be well be in a twoshot we are good we spoke yesterday we are good. You didnt have much time. We made the news. A few comments. People seem to have differing opinions he wasnt able to talk much. We were moving on. He had zuckerberg. We dont have time to dwell. Weve been together 10 years longer than many marriages we have our moments but we will disagree but not be d