And tech is staging a comeback, or at least it was, after yesterdays big losses well off the highs. Another brutal day of nikola the first sell rating on wall street and colorados governor warning of a potential wave of Coronavirus Infections the governor will join us with the new measures he is taking to try to stop the spread first up, lets focus on the big stories were watching one hour left of trade we have the latest on the stimulus stalemate in washington a half hearted bounce this morning. It seems like the dip buyers they keep drawing new lines in the sand as they back up and this morning the s p 500 futures got down to 3200 almost right to the tick we did bounce off there and then we have the post 2 00 p. M. Eastern time selling again a little Risk Reduction where people are not quite sure if if the footing is there for a strong close this down trend developed here were going back gagain to the june 8th high. Were turning around i point to the late july area. A lot of the leve
He boosted his ear and forecast by 24 , writing a fall in erp, adjusted risk premiums will be offset by a rise in bond yields. The combination will boost the end,o already 600 by years 3800 in 12 months time. This represents a significant increase driven by valuation. What do the technicals have to say about that . Joining me now is katie stockton, founder of fairlead strategies. Off of the highs now. What does that tell you about the next direction . Is flirting with that resistance. The level im watching is 3394, the intraday high from february. For a breakout to be decisive, we need to see a couple of closeouts above that level. Highs onct new positive shortterm momentum but also looking for momentum to falter before the end of the month. You have some overextended readings in some of , alsoternal measures sentiment. Basedrcentage of stocks on their 50day moving averages reaching levels often associated with pullbacks in the s p 500. At the same time, sentiment reaching exceedingly
Truly historic. This is the this is this toward the europe as a whole it has now have the chance to come out stronger from the crisis both in. The words new for europe writes no. Also on the day a committee of m. P. s from Britains Parliament accuses the government of badly underestimating the threat from russia and failing to investigate the possibility of russian interference in the bratz it referendum so the question is who is protecting British Public from interference in our democratic process well in a nutshell we found no one is. After 4 days and 4 nights of tough and often bad tempered negotiating the European Union has agreed i dont precedented 7 her. 150000000000. 00 Euro Coronavirus Recovery Fund countries hit hardest by covered 19 will receive loans and grants to try and revive their bath economies of that 750390000000000. 00 will be available as grants the other 360000000000 will be in the form of cheating loans but it was a hard sell some countries held out to the last ag
Things that i just told you i cared about, and i want you to know, a lot of americans dont trust our government and thats sad. The problem with that is, though, is i was allowed to believe things that werent true and i would ask questions about them and talk about them and that is absolutely what i regret. Regret. Its about the closest youre going to hear for anything that even comes close to an apology. There was no apology. We have a lot to unpack from those remarks. As you can see there, congresswoman greene basically tried to portray herself more as a victim, not as a perpetrator of all this nonsense and she tried to distance herself from past support of qanon conspiracy theories, drawing a line around the year 2018 and compartmentalizing things there and saying that was a different person. The house is debating ahead of that vote this afternoon to strip congresswoman greene of her two Committee Assignments. A vote putting every member on the record about where they stand on greene
The women owners are defying owners. Chicago, teachers and parents once again at odds of reopening plans that even parents say are major league screwed up. California, wildfires that are raging out of control right now with no end in sight. Talk about impeccable timing . Were on top of all of that. Were focusing on developments in washington where the president is meeting with a number of tech leaders and workers. Blake burman at the white house with more. Hey, blake. Reporter hi, there, neil, and President Trump is set to be signing an executive order in washington momentarily. Im told what this will involve to try to insure when federal contracts are given out, they are given out to u. S. Citizens and not potentially h1b visa holders. Trying to insure the contracts are given to american citizens. We should be hearing from the president shortly. We will wait to see, neil if the president will be taking any questions and if he does i have to imagine he would be asked about this tweet h