We often talk about volume as a validator. With that big rally were seeing back up. Yeah, volume has been much heavier on the down side, on thursday, friday and saturday excuse me thursday, friday and tuesday, we saw much heavier volume than on days when the market was going up in the prior days, like monday, tuesday, wednesday last week. This happens when you get the blow off the tops, and then the skeptics say im not buying more into this,le vote tends to get a lot lighter. Then with when you start seeing the momentum, you have heavy volume, they want to take profits really fast ahead of the next guy, so today the volume is a bit lighter than on the three days where the selloff was really intense all right bob, thank you very much bob pisani lets talk about big tech leading the market higher, can you trust this bounce . Mark lehman is the ceo of J P Securities mike at jones is chairman of caravelle concepts michael, i begin with you. What do you make of the warnings from druggkenmill
The bloomberg. Back to school. Boris johnson appeals to parents to send children back to class even as a resurgence in the virus in europe hits hard. Saysu trade commissioner he is profoundly sorry for attending a golf dinner in the midst of the pandemic. Of as push higher on hopes thaw in u. S. China trade relations area and markets turn their attention to this weeks virtual jackson hole and the fed fighting crisis measures. Trump and powell both on thursday. More than 100,000 people protest against the fellow russian president in rainy minsk the belarusian president in rainy minsk. We are just under an hour away from the start of cash equity trading across europe and in the u. K. Lets take a look at futures this morning. We have some decent green a percentre than half gains across the indexes. One of the reasons is optimism that the u. S. And china are going to get along a little bit better amid reports administration is telling Tech Companies they can keep working with tencent. Take
And you say well how can you spend negatively to buy oil and theres some technical things going on here this is the price for the may contract and a lot of the declines can be attributed to technical reasons there and low Trading Volume that exacerbated the swings but even if you look to june the price per barrel is down around 20. 00. 122. 00 barrel dollars per barrel and that is still a huge plunge and a huge concern for Oil Manufacturers here in the United States who are struggling to survive in the midst of this competition internationally. And this glut of oil so very drastic turn on wall street bringing the market down with it overall chris salumi with the latest there from new york kristen for the moment thank you and lets across store economics editor of it ali who joins us now live with russia saudi arabia agreed to was a lot of press that had cut it out but i think it was about a 10th of production nearly 10000000 barrels a day to try to boost the markets that were hit by the
Should we wait a while or do a partial reopening . Time tohink it is reopen your state economy and youre ready to go back out in public, we want to hear from you at 202 7488000. Toyou think it is too soon reopen your state economies, we want to hear from you as well. Your number is going to be 202 7488001. Keep in mind, you can always text us your opinion at 202 7488003, and we are always reading on social media, on twitter at cspanwj and facebook at facebook. Com cspan. Again, all eyes are on georgia right now as georgia has reopened from its coronavirus restrictions. At what the atlanta constitution journal is talking about after that first reopening. Climbsstates death toll to almost 900 on friday, georgians lined up for haircuts, manicures, at tattoos, and other services deemed nonessential. It was day one of georges attempt to restore economic normalcy in the wake of the coronavirus pandemic. But governor brian kemps ision to use restrictions in ease restrictions on many businesse
The northern port city of downs then almost exactly a year ago he was stabbed to death during a charity event. Now before that shocking attack pavel adam of which was a prominent advocate for liberal causes and a strong supporter of pro european sentiments and prior to his killing he come under massive pressure from a right Wing Hate Campaign so after his death his widow magdalena has taken up the fight against the hate speech that she says is having such a devastating impact in poland poisoning politics and threatening lifes. For a year magdalena adam ovids has been visiting her husbands grave at St Marys Church in dance. She says he stood for freedom and against polands right wing populist law and Justice Party that tramples on that freedom and that this cost him his life. He was killed by hate speech. By these troll factories. The distant from asian spread about pavel. The accusations in the defamation. Thats what killed him. In the 1980 s. Pavel at demo which was a student leader i