Through a revolution what will 2020 bring and what names should you buy were going to begin with todays markets and bob pisani at the New York Stock Exchange. Happy new year. Listen, joe, we are way off of our lows lets take a look at the major average. All three of them still down, yet things are moving in the right direction. Apple turned positive. Nasdaq down here today dow industrials, youll see theyre down 95. S p we were 3216 was the low there. Take a look at the s p 500 essentially the lows were at 10 00 a. M. And buying came in. Its not heavy buying. The volume is about average for a day. But remember, this is supposed to be a very light volume week, so even average volume is better than normal. What has been weak in the market were way overbought, so big momentum names would be selling off. So semiconductors, Home Builders have been really strong, tesla is weak. Master card and visa, big momentum names, all of this makes a little bit of sense when youve had the price runups wh
You have the u. K. Election. On the back of the most recent polls, still can say still saying the conservatives have a Comfortable Lead over the conservatives over the labour partys. Ecb and its new president meet on thursday. This is the stock we are watching out for down 61 . The chief executive quits and they canceled the dividend. Coming up, we will discuss the report on septembers repo prices. Up at 9 30 a. M. London time. This get to bloomberg first word news. Viviana yesterday hundreds of thousands of people joining hong kongs biggest demonstration in months. Popular unrest will continue. Organizers say 800,000 people marched through the city. Police putting the number at 180,000. The rally was the first promoted by the civil human rights front. The mayhem in the u. S. Repo market in september was not just a temporary hiccup. Ended in part up because the u. S. Banks now hold more of their liquid assets then treasuries. This is relative. The bif warning this problem reduces their
Analysts expecting massive moves from one stock thats already up 90 this year. Halftime report starts right now. We will co. Good to have you with us janice, chief investment and liz young, director of Market Strategy also with us today. Making news jpmorgans chief equity strategist. We want to begin with stocks at a new record were entering a critical week for money, the busiest yet for earnings, including apple, a fed meeting, which could see another can out in Interest Rates. Shannon, on track for record close, financials on pace for 52week high the question is, is this the breakout weve been waiting for . Get out of that range. I think if its going to happen, it definitely could happen following this week you talk about the fed, if they continue to be exportive, as long as they leave the door open even just a little bit, the equity market will take that as a positive we saw strong earnings out of the big tech names last week like microsoft we could continue to see strength out of a
Progress of parliament proposed by the government province struck 1st this week with a cross party church stickler ration stating the intention to block parliament being suspended over the break to pedia dining she struck back yesterday by one thing wrong with st for shutting down parliament pending a queens speech in mid october just dramatically cutting down the opportunity for parliament she initiatives however public will still be meeting next week and may still attempt to seize control of the art of paper from the government i detect to legislate against an ordeal break that it is clear that mr brokaw would facilitate such a move describing the governments moving out and outreach in addition the courts may take a hand with a Scottish Court action led by the for measurable jarana charity to see already until we however promise time to act has been severely limited by the governments moves no one can be sure high the strong will all play out over the next few weeks however to engage
For shutting down parliament pending a queens speech in may to october just dramatically cutting down the opportunity for parliament she initiatives however public will still be meeting next week and may still attempt to seize control of the order paper from the government i detect to legislate against an ordeal breaks it is clear that mr brokaw would facilitate such a move describing the governments moving out and outreach in addition the courts may take a hand with a Scottish Court action led by the for measurable jarana charity to see already until we however parliaments time to act has been severely limited by the governments moves no one can be sure high this drama will all play out over the next few weeks however to engage in some informed guesswork alex is joining to victoria tara gardens by top political commentators peace all born and Steve Richards if anyone knows whats going to happen then go. Joins us from victoria thats right outside the palace of westminster where next we