You cant fell it to roll over you cant get it to fetch. Somehow people imagine there is discipline to the process that the action falls clear patterns. For example, when you get a spike of infections, the average is supported to get clobbered and that is what happened friday monday new ball game nasdaq advancing 1. 20 the bulls look at the spiking number of covid cases next to the not spiking number of fatalities and figure we made Real Progress fighting this disease so buy stocks into any kind of weakness we almost got back to even on the dow because mortality rates look like they are dropping. They are buying recovery stocks, not stay at home stocks. If you believe the spike in infections isnt an issue you want to bail on the covid stocks too many states are gradually shutting down to write this off as no big deal more on the index later in the show what happened today . Lets go over key parts. First, we have a reason that can actually be time stamped to turn around the market. This
On the street. You dont know how to manage this place. Well. [blathers] my name is marcus lemonis, and i fix failing businesses. I want 25 . Youre gonna make a decision now. I make tough decisions. Youre being demoted. Back them up with my own cash. Its not always pretty. Get your ass back here right now. This is business. I do it to save jobs, and i do it to make money. This is the profit. [upbeat music] jacob maarse florists is a pasadena institution. For 52 years he was the goto florist. The business made millions supplying flowers for president ial inaugurations, celebrity events, and the annual rose bowl parade. When jacob died in 2010, his son hank took over the business. Its been a very tough transition. Hank has struggled to lead. Therell be some growing pains. Um. So, well, first of all, im on the top, im the president , im the owner. Just three years later, revenue is down and those profits have turned into losses. Last year maarse generated 3. 6 million in revenue but still
And talked about and consumed over the years. This conference is sponsored by the department of history at purdue university, is organized by one of our panelists. It is also by nikki. We are thankful to all of them to get into this and discuss how history is going to be taught in the future. My name is connie doebele. We are fairly new entity the, here at purdue, our goal is to help professors from across the country used the cspan archives, which is over 250,000 hours of american political history in their classrooms and in the research. We do some other things but thats what we are concentrating on at this conference. I tweet at c. J. Doubly we we hope that you will follow us. On twitter. We would be interested in following you as we reach out to, specifically history professors across the country who are interested in using the cspan archives in their classrooms and research. Here is what we are going to do, we have three excellent panelists who have different areas of interest und
Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it is mrna pfizer is working on the mrna technique as well. I
I have to worry that youre gonna sue me. Anthony you think so . Lemonis . He might just get to the top. My name is Marcus Lemonis, and i fix failing businesses. If you dont like money, dont follow my program. I make the tough decisions. Were closing the store. Were done. Im not talking about it anymore. I back them up, spending my own money. Its not always pretty. Man perfect flavor. Lemonis . But this is business. You got to trust the process. I do it to save jobs, and i do it to make money. Thanks for your business. This is the profit. Surfside beach is a picturesque resort town. A great place to vacation and a great place to call home. Anthony leggio. [ camera shutter clicks ]. And his girlfriend, kristen christian. Kristen good morning, asl signs. Lemonis . Moved here from long island two years ago to start a family. Anthony i know, you want daddy time. Lemonis . And a business asl signs. Anthony do you want to finish doing this estimate . Kristen oh, yes, please. Anthony oh, boy.