Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu
Their take later on in the program coming up on biden Family Business. Futures looking for a rebound after yesterdays sharp selloff. Nasdaq up 121 and s p higher by 25. Stocks plummeted wednesday. Nasdaq down 426, 3 and 3 quarters percent and s p down 120 points, 3 and a half there as well. Coronavirus cases spooking investors. This morning we are awaiting thirdquarter fdp that may very well be market mover on the upside. Big tech grilled, contentious battle over allegations of tech censorship and bias as question get Quarterly Earnings today from apple, amazon, alphabet, facebook and twitter all after the bell tonight. Calling out china, my new book the cost all week long, exclusive audience from President Trump about the threat china poses and how to win against it. Mornings with maria coming up right now. I will be speaking with ice cube jackson, working with the Trump Campaign and the president s plan for black america. Dont miss it. Actor scott is big of big censorship. Maria euro
I want to be careful to say that if im confirmed you would not be getting justice scalia, you would be getting justice barrett. Charles well have reaction from the white house on that and more. All of it coming up on making money. Charles a day after a monster session own the market today feels like the dreary weather in new york. I think the technical term for it is blah. Strange anticipation. You have two major events that could provide catalysts not only for the companies themselves but for the broder market. Amazon beginning the twoday prime day. Apple unveiling highly anticipated iphones and some other products. Speaking of which technology is sizzling still after a pause, part of the reason i think goes beyond the hot products and services. What happened to all of the breakup risk . You remember that last week . Congress released a 451page report. Democrats leaning heavily towards breaking up the gatekeepers of the digital economy. According to a report from mit congress flopped
Washington as the next stimulus bill hangs in the balance, airlines are taking a hit as that october 1 deadline to avoid massive layoffs is fast approaching. Weve got the details and the very latest on that. Shares of the chinese electric car maker nio, i thought he was a singer they are up 400 this year. Power lunch begins right now got to play some neo now thank you, tyler the market vs thes have their en washington as the stimulus plan is being worked out. Will it pass lets get check with ylan. Reporter the conversations do continue. House Speaker Nancy Pelosi is scheduled to speak tomorrow with the treasury secretary they already spent 50 minutes on the phone this morning talking about the democrats new 2. 2 trillion proposal. The bill does include some white house priorities, including 25 billion in aids to the airlines and extension of ppp for the hardest hit businesses and 182 billion for k through 12 education. There are al some democratic must haves such as 436 billion in stat
Flat theres the s p up a corner. Tech is out performing today steve, i look at the notes from all of you today and sounds like youre growing more and more cautious on where we are and more importantly where you think we could go. I think thats right. My position is simple. Were going to get a vaccine the timing is uncertain. Its not going to be distributed on a mass basis until next year. The election wasnt decided until middecember from election day to middecember, the stock traded down 8. 4 . We have a market on steroids i think you continue to see issues which is really gutting the Technology Sector which has been leading the market. We saw more today. They want to call the ceos from google and facebook down to d. C. Again. That is the current administrations platform. Lets get tough on trade lets get tough on tech. Its been disasterous or could be disasterous Going Forward when you take a look at valuations, you know, theyre very vulnerable here if i could be 1010 club, i probably