Workers of an annual cost of a billion dollars and thats why the stock is down. Down 1. 6 . Tesla, the stock thats going straight up and it has nothing to do with the virus. Tesla, 500 index meaning a lot of Money Managers have to buy the stock so up it goes and by the way the gain of 53 13 makes elon musk the third richest person in the world. Overall, the market is in a mild selloff mode. Dow jones closing and 29950. Its retreating a bit. S p down about 25, nasdaq a slight gain. A big tech is doing okay. We are in creeping lockdown mode and thats the problem for the markets as many states and cities imposing new restrictions as virus cases arise. Wear a mask in north dakota, utah. No Indoor Dining in california, michigan and in philadelphia, no indoor football watching parties. My opinion, thanksgiving next week, confrontation is coming. Who will enforce limits on your thanksgiving celebration . Where does president elect joe biden the stand, lockdown joe, where does he stand . Hes n
Jillian oh man, it is good for free but the act of kindness was so much more. Fox and friends first continues right now. You want it you want it you got it you want it you got it todd i have no connection to this song. What is more difficult . Explaining the game stop story or saying Game Stop Stock . Jillian i thought you were going to say what is harder to do, explain that story or nail a free like that kid did . Or bust a move. Todd all three very different. You are watching Fox And Friends First is friday morning, we made it. Jillian thanks for joining us. In a few hours, trading at robin hood will reopen Game Stop Stock purchases after they were restricted on platform. Todd she nailed it. It is your turn, ashley strum ill Ashley Strohmeyer as they are facing lawsuits. Reporter the company said starting today they plan to, quote, allow securities and monitor and make adjustments as they safe it. And they will clarify what happened saying, quote, risk and management decisions not ma
We all want to go Back To School. We also want to go back to School Safely and make sure in addition to getting high up on the Priority List of being vaccinated we want to make sure there is robust testing. When i was home a few weeks ago with Family Members in the School System they had to insure they got their test. Proper protocols. The Biden Administration says theyre following the signs. Weve known since last summers that schools are not a place of spread for covid19. The School Systems got 65 billion last year from congress in covid relief to put in Safety Precautions to allow teachers to get Back To School. The bottom line at this point is that good teachers who want to go Back To School are being held hostage by these Teachers Unions and theyre now extorting the american taxpayer for more money claiming they dont have enough money to go Back To School when theyve been funded and we have the science again with the cdc report this week showing that this disease does not spread in
Territory, albeit slightly steve weiss, virus cases are exploding, 145,000, hospitalization new record, stayathome stocks are up, reopen stocks are down im wondering in the Bigger Picture but bringing it down to the sort of ground floor level, you just bought Delta Airlines the other day. We just talked about it. And im wondering if now youre reassessing that kind of move and whether other people should, too. Well, deltawas a position position and my portfolio is not very well balanced, its all in growth so i took a shot im not going to buy anymore here these airlines and Brad Gerstner pointed it out, theyre going to be diluted on an ongoing basis this year, next year as they seek to replace their bonds, their debt, with equity. Cramer this morning was right and ignore these covid cases at your own peril next couple of months, probably next three months are going to be very rocky from an economic standpoint as theres no appetite on the part of this administration to take any kind of st
That are being organized on facebook and read it buying the stock, bidding it up, causing those institutions to lose money here. Talking to the tune of billions of dollars over the past week or so for the sec, Securities Exchange commission is watching this and a sec regulator told me you might be hard for them to find a violation. Listen. I think when it comes to regulating the speech or regulating content, thats a huge challenge and certainly from a securities regulation perspective. I dont think the sec can regulate speech which everyone has the right to regulate in the sense charging a crime for doing it. What has lawmakers concerned is that robin hood is billed as a free Trading Platform had actually stopped or halted trades on gamestop and some of these others that were shorted which allowed the institutions to make back some of their money in those shorts yesterday. If robin hood said it needed the pause to collect collateral for its clearing house. They raised A Billion Dollars