Because they keep getting it right and individual investors are listening to them. Dave portnoy and tom lee. Big tech getting ganged up from both sides left and ride. As social media execs say they will go to the hill and plead their case. We will have congressman guy rest send thaler. That and much more on making money. Charles folks it is a familiar pattern. Nasdaq higher, dow and s p lower somewhere stuck in the middle. There are two buckets of buyers out there, chasing hot Growth Stocks which seem to get higher upgrades and targets every single morning. In fact this morning jeffries raised their target on tesla, they think it is 1200 bucks. Yesterday they thought it was 650. There is another bucket of folks to look to buy value names on dips. Investor psyche on display before the open when ceo of delta told folks on the conference call, shareholders that 500 employees contracted covid19 and 10 died. Airline stocks and boeing swooned but keep in mind that company has 393,000 employe
In the newsroom, Edward Lawrence is in washington and Ashley Webster is there as well. Well start with blake, who has the latest from the administration on china. Blake. Reporter melissa, connell, youre right. Just a little bit of cleanup from the white house last night after Peter Navarro made some comments suggesting that maybe the trade deal with china was off as navarro said at one point, its over. That forced the president to take to twitter to say, no, the deal with china is fully intact and larry kudlow in speaking with Stuart Varney earlier this morning said that the deal is being implemented just like they want. Ive been to several meet national the oval with bob and Steve Mnuchin and the president and others. You know that has been our view. They have actually picked up their game. It is not just commodity buying although that is picking up too. Some of the structural issues like i. P. Theft. Reporter got some live video now. I believe what youre looking at President Trump in
Higher in early drtrading after yesterdays 700 plus point loss on the dow but then the dow started pulling back at one of the nations largest states officially hit the pause button on its reopening. It is texas. Texas now stuck at phase three statewide. They are banning elective surgeries in four counties including dallas, as austin area hospitals warn they could reach capacity by the middle of july. The rapidly spreading virus is not stopped in its tracks. Coming up, ceo of classic stayathome stock identity and password management star okta. The ceo is here with a covid19 shocker. What many people are still not willing to do even in the face of new outbreaks. But the pandemic is actually providing a boost to polaris. They are facing a supply crunch as demand for the Great Outdoors kicks into high gear. The ceo of the atv giant is here on what hes doing to keep his recreational vehicle giant from going offroad. From too much demand. Kind of a good problem to have. And brady versus port
Still not many people. We will be tracking this story throughout our three hours. Nearly half a Million People will be returning to work in the city. And they are returning to work, by the way, to a city whose mayor is pushing to defund the Police Department in the wake of the george floyd protests. A lot of pushback on this, as you can imagine. We will get into it. Including from the president. He tweeted this just moments ago. Law and order, not defund and abolish the police. The radical left democrats have gone crazy. And Hillary Clinton, by the way, well, shes had another deplorables moment when speaking about trump reporters and we will have that for you as well. Im Ashley Webster. The big story for dyou today on monday, the markets pointing upwards. Varney Company Begins right now. This will go down in history as the biggest positive data shock for the markets and the economy. Its some combination of an incredibly resilient economy thats bouncing back, the impact of government me
Meantime i want to go to blake burman on this back and forth so far how the cases are going because this is happening we have had backtoback days of 30,000 cases reported in this country. Something we have not seen since the beginning of may. To you, sir. Reporter neil, yes, the number of cases growing across the country. Over here at the white house though they continue to be adamant in their view, according to public experts they talked to and listened to here there is not a second wave right now. The white house view at the current moment. Though we are continuing to see the Economic Impact of covid19 and what it is having all over the country in just about every pocket you look, the latest example in northwest arkansas because china has come out today and said it is not going to be buying poultry from tyson foods facilities in northwest arkansas. When you look at the numbers, neil, there is a reason why because according to that company there have been roughly 3700 employees been t