Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats
Tech names may be beneficiaries of a decision the United Kingdom has made when it comes to huawei and 5g. But wait a minute. The big banks did send up some warning flares in their quarterly reports on this first day of Second Quarter earnings season. Why are the biggest names in finance fast inflating their Rainy Day Funds . What do they see that you might not . Our floor show traders are on it. They will shine a light on it and explain. Just as teslas stock bubbles even higher, here comes a potential pin to pop it. Fisk fiskers uber cool all electric ocean suv with its 300 mile range, karaoke and california mode features is ready to open the reservation lines. Founder, chairman and ceo lhenrk fisker is here on his unique route to the New York Stock Exchange, taking on elon musk and yes, he will explain what california mode is. Pretty cool. From california all the way to a tiny private island on the east coast where the wealthy elite are ready to pay a pretty penny to escape from the c
You cant when the nasdaq is running like this. A 7 gain in index, you almost have to realize everybodys price target has to come up. Its baffling and confusing people who are not in the stock market but making a lot of sense to professionals who realize oh, my, god to chase. Yeah. Banks will get jp morgan tomorrow theres a lot of discussion about the commentary will matter more but also the idea that because of where estimates are, you could see some upsize to prizes another upside out of bsf. Jp morgan, the whole group is insane Goldman Sachs goes from 190 to almost 210 its almost as if people said, find me something that is not crazed my issue will be loan losses and possibly dividends and i think a lot of the chatter i listened to wilf this morning but a lot of the chatter is if people are getting more stimulus and money is being pumped in, why should these Companies Pay their dividends . I personally think theres no problem but that wells fargo dividend news shook people up. Hey, c
Hi, everybody hello, melissa its great to be with you, sort of, here back in the kitchen the s p at its highest level in about a months time. You have amazon, you have apple, youve got alphabet. Aaa right there. Facebook and netflix as earning season kicks off this week the big banks starting tomorrow. Lets get to bob for more. A little bit of a milestone just about 40 minutes or so ago. We turned positive for the year on the s p 500 i know its hard to believe we started the year on the s p about 3231 were a bit below that we did hit it about 40 minutes ago. We positive for the year the low for the year, 2191 that was on march 23rd the high, february 19th, 3393. Were still below that but not by an awful lot. Quite a remarkable run if we with close over 3232, that will break out to its highest level since february the bottom line is markets on an upswing here tyler told you about the new highs if faangs. Some of the stay at home names. Walmart x costco clorox also intraday high. Were ta
Have mccabe, you have strzok, you have his lover lisa page, you have all of these people running around. You have brennan and clapper who lied to congress. You have many many people, you have people that changed documents going into the fisa courts, and its a terrible thing and this is an investigation that they said should have ended before it started. It shouldnt have started and if it did, it should have ended immediately because they found as you know as well as i do, they found nothing initially but it went on for two years or longer. And im getting rave reviews for what i did for roger stone and he frankly is going to go and now appeal his case. He had a jury forewoman who hated roger stone and who hated probably me but she went on a false pretense and he wasnt given a fair trial, he wasnt its not a fair trial, he wasnt given another trial. He should have been given another trial. I wont say more. I wont talk about the judge. Im not going why would i ever talk about a judge. But