That is higher today theres been that move into value of late. Money is coming back in as stocks are on pace for their second positive month in a row the dow is on track for its best week since early april josh brown, you can take stock in this for me weve been talking about a rotation we have talked about growth into value. On a day where you have red in a lot of place, ive got apple, amazon, microsoft, facebook and netflix and i got all of them higher today can we end the talk about a rotation out of those names . Well, i dont know if its the end but this is what has continued to happen. If you look, 29 s p 500 stocks that are up 20 on the year or more, 25 of those are up today its back to the winners 30. 25 on the s p, broadly speaking looks like a logical place to see a pause that was if you remember, resistance back in both july and september. We got through it that made sense for that old resistance to now become support. The technicians i talk to when theyre looking at internals
I wrote the book to make the case for unconditional cash, but i wanted to grounde ground it in personal experience. I grew up in Hickory North carolina and my mom was a Public School teacher and my dad was a paper salesman. We had a very stable middleclass existence. In my own life i got Financial Aid to countries fancy boarding school and then we started facebook and 2004 and the rocketship rise of facebook is a pretty wellknown story. I ended up making quite a bit of money at my young age and it forced me to think about what is the most powerful way we can think about the economy so the. 1 but keeps getting so lucky is actually not getting lucky at the expense of everybody else. That took me on a journey of what is the most powerful way to help people get ahead and it turns out the evidence is pretty clear on this point. If you provide people with cash, no strings attached, then they invested in themselves, their families and their communities, their kids do better in school, Health
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Phase two trial of its vaccine candidate. Where do you want to begin beginning of june, theyre talking about phase three. I love the confidence. There was a time where if you did that, the fda would really call you out say basically, how dare you plan phase three . You have to get phase two done this is a sign once again that the level of fda meaning business is extraordinary. The time that it takes to do these things is being at a level that no one has ever seen. Remember, mumps, the longest to fruition, four years this thing is happening so rapidly, and theyre talking about scaling if its good so theres reasons for optimism. I know moderna i was the first to interview them these guys are scientists. All right, and theyre using Amazon Web Services to basically, if you want to look at like what a bank robber would do, you have to keep turning until you get the right combo. Thats what Amazon Web Services does for those so david will love this, an algorithmic play, and maybe thats the wa