Electric vehicle stocks are scorching, oil stocks are gushing. To chase or not to chase, thats do question ill be the question ill be asking some of the best. We are waiting for the paddenning of the thanksgiving pardoning of the thanksgiving turkey or turkeys. All that and so much more on making money. Charles the broad market propelled out of the gate powered by continued excitement over that midday announcement yesterday that janet yellen will be heading the Treasury Department. Then theres also the transition of power at the white house and continued strong corporate earnings. Wall street professionals find themselves chasing a train long after its left the station. Remember, they were complaining about this or that. Blackrock, in fact, says its now overweight u. S. Stocks with 40 technology and Communication Services alone, only 11 in european stocks. While theyre not really the worst problems like buying stocks or holding during those violent selloffs, chasing bigtime rallies is
Measures on its own to stem the spread meantime the president elect forming his inner circle as President Trumps legal team hitting another brick wall and besting the bitcoin . You betcha the crypto asset outperforming them all its our rbi on this monday, november 23rd, this is worldwide exchange. Well, good monday morning, good afternoon or good evening and welcome from wherever in the world that you may be watching im Brian Sullivan good to have you on the program this morning its becoming a trend lately now, mondays, vaccine mondays now tending to show positive data in the fight against covid. And today is no exception. Look at that stock futures they are up, dow futures up 208 nasdaq futures up 50 the markets are getting a boost this morning on news from astrazeneca and Oxford University that broke just hours ago. The university saying its covid19 vaccine was found to be as much as 90 effective in preventing infections without serious side effects in a large Clinical Trial in the u
Your portfolio. President trump has number of legal challenges concerning voter out comes in several states as he vows to fight on. Well get the latest from rnc spokeswoman, liz harrington. And ask tammy bruce how joe biden can keep the pledge of being president to all americans. All that and much more on making money. Charles stocks soaring to new highs on all major indices, news from the coronavirus from pfizer has tested to be more than 90 effective. To break down what this actually means, fox news medical contributor, also the host, author of, covid, the politics of fear and the power of science. Dr. Marc siegel. The perfect day to have you, my friend. Apparently pfizer will file for emergency approval late they are month. Assuming it is granted how long before people start to receive the vaccine . Charles, this is the power of science. This is so exciting and i think given the fact operation warp speed already contracted for 100 million doses. That they have deployment in place us
Navigate it all. With the clock ticking, get reaction from republican Congressman Ken Buck from colorado. It takes a lot of guts and a lot of innovation to start a business during a pandemic. One man is doing just that, very inspirational story coming up. All that and so much more on making money. Charles so for the most part the market has been elevated all session long but obviously on pins and needles which plains the rapid air pocket we saw earlier in the session where there was a tweet that nancy pelosi sounded very skeptical about a deal with steve mnuchin. I suspect it was strategic tweet as both sides are using proxies to move the market and gain leverage but beyond the drama in washington, d. C. , there is lot of mostly positive news on the economy and stock market today. Initial jobless claims came in better than expected. As they continuing claims was dropped by almost one million in just one week. Consumer spending came in much better than expected even as incomes declined.
Of come night chinese . We have Monica Crowley coming up the deadly fires, how much of the carnage could have been avoided well have liz peek on that. And so much more on making money. Charles so far the markets have begun the week on a very solid footing after seven sessions of wild gyrations. The result though on fridays session might have been the basis for todays rebound. You have a couple wall street firms think the selling is over but for two different reasons. Goldman thinks the selloff hit a normal 7 pullback. Deutsche bank says the put call ratio about options have come back to a normal position. Either way the stocks are coming back with assist from positive news on the coronavirus front, then we have megamergers. Is the worst over . I want to bring in kevin kelly, moneymap e map chief investment strategist Shah Ghailani and Gibbs Wealth Management president erin gibbs. Let me start with you, erin. Is the worst over . I think the worst of multiday declines, 11 drop is over. H