Theres your picture the dow is added up 127 points about onehalf a percent nasdaq muted for the most part still in positive territory. Apple leading the way again. Its been up by more than 1 josh brown, apple is now the single largest s p 500 weight over the past 40 years at 6. 5 that in and of itself tells the story of how well this stock has done yeah. I mean its undeaniable. Apple would be the company you would pick i dont think it would be difficult. You could throw a lot of other names in there this should be the largest wagts. It makes perfect since given the success of the fundamentals of the company itself why wouldnt it be the largest stock . However, this is as extended as ive seen it since 2012. The stock is now 47 above its rising 200day moving average. Historically if you bought the stock at anything even above 25 or 30 above its 200 day moving average, that had typically been a period of consolidation to follow it may not be the best idea with fresh cash to go plowing int
Ms. Mcenany good morning, everyone. Well begin with remarks from mark meadows who will give you an update on phase 4 negotiations. Mr. Meadows over the last several days we have been having conversations on capitol hill, secretary mnuchin and myself, with democrat and Republican Leaders in the house and senate. Last night, we concluded a meeting with senator schumer and Speaker Pelosi a little bit before 10 00. And at the president s direction , we have made no less than four different offers to democrats on capitol hill. On how we can make sure that the enhanced unemployment that is et to expire today, along with eviction protection that is set to expire as well, is protected. Those four different offers have rejected, but more importantly than that, theyve not even been countered with a proposal. The democrats are certainly willing today to allow some of the american citizens who are struggling the most under this pandemic to go unprotected and the president has been very clear for u
White House Press Secretary was joined by mark meadows to give an update on covid19 funding negotiations. Other topics included mailin ballots and President Trumps tweet on pushing back the president ial election. Mcenany good morning, everyone. Well begin with remarks from mark meadows who will give you an update on phase four egotiations. Mr. Meadows over the last several days we have been having conversations on capitol hill, secretary mnuchin and myself, with democrat and Republican Leaders in the house and senate. Last night, we concluded a meeting with senator schumer and Speaker Pelosi a little bit before 10 00. And at the president s direction, we have made no less than four different offers to democrats on capitol hill. On how we can make sure that the enhanced unemployment that is set to expire today, along with eviction protection that is set to expire as well, is protected. Those four different offers have been actually rejected, but more importantly than that, theyve not e
Investors are trying to digest the barrage of dats out of china. The conclusion at the moment is it is negative. Were seeing the s p out of many futures. The real standout here is the c. S. I. 300 stock. China sinking to the worst since february 3. Chinese shares really nraveling. 0. 62. Remember we have a heavy european bond supply in the pipeline. No change is expected. It is all going to be about guidance. Demand for eurosterling ahead of the e. C. B. Policy decision according to some of the fx traders we have been speaking to. Coming under pressure down. 6 . We closeded close to four month highs. Limited support from u. S. Crude inventory helping that trade. Lets get some of the other important stories were following for you. Thanks. Coronavirus cases continue to surge in the u. S. With california reporting near reported cases and fatality. The worlds biggest retailer requiring customers to wear masks. Walmart joins starbucks, costco and best buy in the move. The coronavirused a it
Election. Mcenany good morning, everyone. Well begin with remarks from ma ms. Mcenany good morning, everyone. Were going to begin with remarks from mark meadows who will give you an update on phase four negotiations. Mr. Meadows over the last several days we have been having conversations on capitol hill, secretary mnuchin and myself, with democrat and Republican Leaders in the house and senate. Last night, we concluded a meeting with senator schumer and Speaker Pelosi a little bit before 10 00. And at the president s direction, we have made no less than four different offers to democrats on capitol hill. On how we can make sure that the enhanced unemployment that is set to expire today, along with eviction protection that is set to expire as well, is protected. Those four different offers have been actually rejected, but more importantly than that, theyve not even been countered with a proposal. The democrats are certainly willing today to allow some of the american citizens who are s