And promotions staff within Population Health, and those folks are under this yellow block under operations, but that means that theyre also overseeing the Human Services, which is doing housing and feeding. [inaudible] within Population Health, and that modelling that theyre doing is both our normal work of taking in public results of Infectious Disease tests, but its also new work that i think is really an advancement of what we normally do in the department, working with outside assistance for modelling and making sure that we are able to project into the future. And that is led by jim marks, who is an anesthesiologist and many others in that structure. Go forward. Ill let you know that all of the guidance that comes out is part of the information and Guidance Group that is headed by reeta nguyen, dr. Rita nguyen, and she is part of Population Health and leads a team of doctors and physicians and they write all the research about what the current recommendations are. That group had
Im also watching pinterest which has also moved higher, starting around 10 30. Im not sure what its about either, but i cant help and look at facebook and note theres no such bump in that stock. Facebooks barely higher so it makes me wonder if perhaps the news around some civil rights related groups being disappointed in facebooks progress in some areas lack thereof in addressing some issues that they would like to see addressed. Talks again of potential facebook ban those things dont always materialize. I guess facebook lets see, were showing a longer chart there in facebook. Today in the intraday action it has not moved higher maybe theres some hope. Theres the facebook daily chart. Its actually moving lower starting at that 1030 mark maybe theres hope among investors that some of those advertising dollars, some of that engagement moves off facebook to those smaller rivals, carl yeah. We talked to levis chip berg and he was unekwifable looking for concrete action in terms of changes
By protest irs after days of clashes with Police Following the death of george floyd. The socalled no cop coop has set up tensions and a tfocksurog seattles Capitol Hill Police precinct free of cops and occupied by activists, people the president labels anarchist and domestic terrorists. The group set up a perimeter and declared it an autonomous zone four days ago. Thats when, in an effort to deescalate tensions with protesters, police left the area. Its a scene reminiscent of new yorks 2011 occupy wall street tent city. Seattles police chief and mayor are giving these protesters their soapbox, as a lesspatient president threatens to send in troops. These people are not going to occupy a major portion of a great city. The threat to invade seattle, to divide and incite violence in our city is not only unwelcome. It would be illegal. Reporter mayor durkin is calling it a peaceful expression of collective grief. The activists are demanding Police Reform and social equality. Until then, th
Opec agreed to extend its cuts through july amid positive Economic Data and demand is about to return to the market and carter worth says it has gone too far too fast. Carter, take it away this is a poor area of the market for a long time and it collapsed here with the covid news and has recovered lets look at a few charts and figure it out. The first, of course is the table and if you look at the ten sectors and it composed with the s p 500, that which is down the most is often that which is down the most and so you can see the stacking order here and energy is up almost 100 followed by Consumer Discretionary almost up 60, of course, by amazon. Home depot and others and the s p bringing up the rear at 46 look at two charts and look at the xle, versus, the etf dominated by chevron and exxon and the 40plus percent rate and this is moved, 22 to about 44, but what you can see quite clearly is that were up against a fairly welldefined downward trend in effect for the past two or three year
Closing out may in the green with the s p 500 now up more than 38 from its march lows but take a look at the small caps. Despite seeing a boost the group is still lagging carter says theres more trouble brewing for this beaten down sector carter what, are the charts telling you . I mean the issue here, of course, small caps have lagged for such a long time and they are very heavily weighted to financials but lets look at one of four slides the first shows you iwm and well defined lows from which the iwm, the russell 2000 broke sharply see that level, its sort of the 145 level and plunge to 95 then we ricocheted all the way back to that level and thats the issue. Were up 51 off the low more than the s p. But thats the problem with going down so much meaning its so damaged, take a look at the next slide so here, again, ive drawn the arrow. Basically its a classic example of a rally back to a difficult level where a lot of commitments were made. Money was lost and now that money has been