Or inexplicable sudden selloffs, including nasty ones like today, where the dow lost 274 points, second worst day of the year for the two averages, and nasdaq third worst lets tick off the possible reasons why we might have gotten slammed today so you can get a handle on whats happening and more importantly whats going to happen thats what matters. First, the most obvious reason has to do, yes, indeed, with our president. If you believe the huge rally in the stock market since the election has been all about trump, then you might have been jarred into selling in the last few days theres also the narrative of a ceo president , to bolster American Industrial might. As of yesterday, that latter narrative, its out the window the president badly misjudged the ceos who stepped down from his panel. The execs stuck with their values i talked with a lot of ceos. Most of the ones i spoke to believe that the president implicitly backed the kkk, and the neonazis, against a group of charlottesville
Points, s p dipped 0. 35 , nasdaq climbed 0. 30 we have to wonder if amazon would be responsible for some of the real damage. Its come down 125 points from its high amazon stock off another 8. 95, led us lower today it is the general sell sell sell. To the sell side. This one keeps standing out. Standing out among the weakest i can see the bear case unfolding. A month ago, amazon seemed invincible, didnt it . The other day, the former ceo of home depot gave an interview with called amazon the dark star of retail. He said Everyone Needs a strategy to deal with alexa, because lexa may be driving business to amazon instead of the competition. Now we learned today that walmart has teamed up with google on its home assistant thats competing with alexa. You could probably ask her to book a vacation somewhere and she would know where you would want to stay from what she has in the past, she could do it better than you could and less time alexa knows everything about you. I wish i had her help
Ters hitting the streets to tell real people about our new 15 under 15 menu. Oh my goodness oh my gosh this looks amazing thats a good deal [ man ] wow it is so good [ male announcer ] our new maine stays 15 entrees under 15 seafood, chicken and more oo the tilapia with roasted vegetables im actually looking at the wood grilled chicken with portobello wine sauce. You so fascinated by the prices, you keep rambling on i know that pork chop was great no more fast food fridays so we gotta go were going to go to red lobster. Yep. [ male announcer ] try our 15 under 15 menu and sea food differently [ theme music ] announcer ladies and gentlemen, its the Stephanie Miller show im walking on sunshine woe ho im walking on sunshine woe ho its time to feel good hey all right now its time to feel good the Stephanie Miller show is brought to you in part by our friend bert levy author of the last open road. I am chris lavoie that is jacki schechner, and this is jim ward over here. Stephanie called in
Ters hitting the streets to tell real people about our new 15 under 15 menu. Oh my goodness oh my gosh this looks amazing thats a good deal [ man ] wow it is so good [ male announcer ] our new maine stays 15 entrees under 15 seafood, chicken and more oo the tilapia with roasted vegetables im actually looking at the wood grilled chicken with portobello wine sauce. You so fascinated by the prices, you keep rambling on i know that pork chop was great no more fast food fridays so we gotta go were going to go to red lobster. Yep. [ male announcer ] try our 15 under 15 menu and sea food differently [ theme music ] announcer ladies and gentlemen, its the Stephanie Miller show im walking on sunshine woe ho im walking on sunshine woe ho its time to feel good hey all right now its time to feel good the Stephanie Miller show is brought to you in part by our friend bert levy author of the last open road. I am chris lavoie that is jacki schechner, and this is jim ward over here. Stephanie called in
Under where unfortunately firefighters found a dead chihuahua inside. Thankfully no person was hurt hurt in this fire. In the back you can see extensive damage the blownout windows, thats where the kitchen is. That is also where firefighters believe this blaze began. Witnesses say the flames were licking out of the windows at least several feet high along with heavy smoke. One neighbor credits the smoke alarms and the fastmoving firefighters for saving the nextdoor buildings, including her own. The smoke coming out of the upper story and then flames. You know these are all wood buildings. Just these guys were great, amazing. We watch them work. Theyre incredible. Nothing suspicious about this fire. Its unfortunate the tragedy for the families involved but we have investigators out, theyre trained in cause and origin. Reporter the two alarms were called because there was trouble finding the exact location of the fire especially since it was in the back alley. The red cross is helps in f