Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high growth is decelerating that doesnt mean the trend is over in fact, id argue it never had gone away because this year has shown us millions of jobs can be done better from home. No need for that central office. Why go to meetings to negotiate or sign documents when you do everything over the web and save millions, maybe ten, maybe hundreds of millions in travel, hotel, dinners, zoom, i mean thats how the 39 billion s p global ihs market deal was consummated as we heard from Doug Pederson on mad mone
The nasdaq just inches up. 2 . It spent a lot of time being way down of what a very ugly swoon the house of pain. I get it values is lagged investors are dumping gross stocks at some point today it is pretty much breathtaking fashion. Someone watching these rotations coming and goes over decades of observations tell me how it works well before we gotten the opening bell around 4 00, 4 15 every stock seems to be indicated higher it looks like a big broad base movement that could reverse a huge chunk of last week selloff between five and six being led by tech. There is just one problem. Inge investors have no idea whats coming in the next 48 or 72 hours or however long it takes to count the vote. Everyone is sick of the election they want to make some money in spite of it not because of it. I dont think anything will withstand the fire in the actual Election Results at least not the short term. Traders are determined to make money everyday they are refused to be deter by the virus or the
To welcome customers back so soon. Good evening and thanks for joining us at everybody im Vicki Liviakis and im grant lotus not as bad as it was last night, but this Atmospheric River continues to pass through parts of the bay area tonight. Prompting several weather alerts in our region. The rain is falling in Santa Cruz County tonight streets there as you can see. Pretty slick and water is standing in some areas of Boulder Creek. Flood advisory has expired within just the past hour. But a Flash Flood Watch is in effect that curation orders and warnings remain in place near the burn zones in san mateo and santa cruz counties see her on the map the areas shaded in yellow are under evacuation warnings. The areas in red have evacuation orders in place. Is rain and snow knocked out power for more than half a million pg e customers in northern california. Nearly 75 of those customers have their power back on right now, but 16,000 customers in the bay area. Theyre still in the dark tonight a
Hey, i am cramer, welcome to mad money, i am trying to make friends, i am trying to save you money. Call me, 1800763cramer that was unsustainable today we learn nearly everyone loses when the president acts and slamming the market. A crushing disappointment. And anyone who lost a job may be on the verge of losing a job you have to wonder what will happen to the 14 million odd people and the family working in the Hospitality Industry lets just say inhospitable. I care about the small and immediate size businesses and workers that are going to be laid off Speaker Pelosi and mnuchin is making a lot of progress and getting a lot of phone calls, getting close to a deal. Speaker pelosi echoes after the president stops negotiations but it was too late. Trump tweeted, he was adamant and hell put a better bill after the election all right, whats really going on here . Thats the rhetoric. We all heard the rhetoric, right . The president is taking a calculated risk, betting the economy stronger t
So what weve got to do is identify the threats that we have its crazy. Let it be an arms race. Spearing Dramatic Development only. Exists i dont see how that strategy will be successful very critical time to sit down and talk. Drugs has come from unscrupulous dealers but from pharmacies to in every state in the United States weve seen the very sharp increase in the number of people seeking treatment for addiction to prescription opioids. Invited to america under the banner of medicine persisted with the pain but instead of trying to. Dose after dose after dose after dose and really became his drug dealer so whos to blame patients doctors manufacturers i think. This is boom bust one business show you care at the border miss average of 4 in washington coming up. Just a little to not need a spirit of compromise and ambition is to take the risk of returning to harder times and for some who are concerned about that in the end it may end up cost. You know even more pensions are on the rise i