Wake of tragedy. Charles joe biden is there right now as we look at 2001 and why we came together back then and just why now we seem to be tearing ourselves apart, all that and so much more on making money. Charles its been a rough couple of weeks for the market which is obviously more vulnerable now than its been in months, on this solemn day for the nation, the stock market itself has to pass a big test, but, you know, the situation is the s p 500 has to hold above the 50 day moving average. I will say Technical Analysis is not an exact science, so a slight slip below is forgivable, but when it does hold, you know, historically it revives the sagging rallies and we get a big move to the upside. The question is of course what will the upside look like . Will investors seek out the same names that obviously before got too close to the sun or is it time to find new opportunities . Lets ask rob luna, ceo of a Financial Company and on the phone with us Capital Wealth Planning chief jeff [
The deadly terrorist attacks touching nearly all americans but none perhaps more so than Cantor Fitzgerald chairman and ceo who lost twothirds of his 960 new york employees that day, including his brother. Each year on this day, he brings in celebrities to raise millions for 9 11 charities but this year, we are going to talk to him about Going Digital due to another National Tragedy that has gripped the nation. Howard lutnick live coming up. But the coronavirus lockdown, not bad for everybody. Paying big rewards for one company, peloton. The shining star of the workout from home boom as fitness fanatics gobble up its connected bikes and digital workouts and treadmills. The ceo john foley is here on his crazy covid Quarterly Earnings and how to keep the rpms and momentum speeding along. Last nights nfl game has college fans asking football in december . Were about to ask the commissioner of the pac12. Less than an hour to the closing bell, lets start the claman countdown. Liz i want to
Everybody. Well see how the nasdaq settles. It is just about at that level right now. Look at big tech titans, microsoft, amazon, alphabet, facebook, apple, all those individual stocks down significantly today. Apple down nearly 7 . Apples market cap falling below the two trillion dollar milestone as well. On top of that, it is the worst day for oil in three months, sliding to the lowest level since june. Well cover all angles of this. Fox Business Team coverage, blake burman at the white house, gerri willis and Edward Lawrence standing by with their reporting. We begin market panel, carol roth and gary kaltbaum, kaltbaum Capital Management a fox news contributor. Let me start, gary, with the big rotation out of the big cap momentum stocks, particularly technology, the last three sessions i guess and it continued in a big way today. So where do you see all of this going . Well, look, the only thing more overdue than a correction in technology is if my knicks win the. [banba championshi
In addition to the markets with fox Business Team coverage and our reporter stated by blake burman on the white house northline and Lauren Simonetti and Edward Lawrence from washington, we begin with you, this is been a choppy session. Her reaction was key and i think its going to continue at least through the election as volatility, we had another session of pretty severe swings, over 300 points from high to low, not only on theyre down but also on the nasdaq. And the rally that we had at the open its baited the close once again because tech reverse gains once again so wayne on theyre down, salesforce and apple and the other mega caps stock that has such outsize market caps, they were done today and this week, look at this apple down 7. 5 on the week and netflix down 7 . Their losses were pretty severe and as for the major averages overall selling offer week number two, the nasdaq worst week since march right before the pandemic down 4 , the dow and s p 500 finish today in the green b
And were getting some Promising Development to the number of new cases that are being reported, fewer and fewer states are reporting positive cases getting problematic, that is all well and good, there are some issues abroad that we will tell you about, germanys indicating right now it can be a tough winter for germany that she is concerned about the virus part, these are lockable situation, we follow and we will put them together and see what you have to think about and worry about as your kids get back to school and you start thinking about its going to go on here, we got all of that cover, post politics in both conventions are done, they wrapping up one last night, very long speech from the white house but a galvanized debate and a lot of republicans are hoping its also going to bring in the money to support the polls to early tell that the president is not wasting anytime he will be back out visiting New Hampshire tonight he will visit battleground states as he had through the last