States, again launching these initiatives right now to really unwind this process. By the end of the week the country as a whole will be 50 freer, if you will, or less locked down when all of this started. So that is a Big Development here. As people get back, a lot of them look forward to the memorial day weekend which they can see themselves going to beaches and the rest. The trend is share friend. Certainly concerner of wall and broad a very big trend at that. Well pick that apart with technology action, retail action, oil action. That has been dancing today. It is interesting to point out right now the dow and the s p and the nasdaq, forget about the nasdaq, already in positive territory on the year, it is not more than 5 from alltime highs, my friends, alltime highs. When you look at the dow and the nasdaq, they are respectfully down 13 , 9 , from where they started, when all of this was careening. Think about that, how much of a comeback the markets have seen. A lot of it built o
Stopped Benjamin Netanyahu from claiming victory in the countrys latest election. And then support preparations for 20 twentieths taken yet another head at a test event has been cancelled in japan its the 2nd such event to be affected by the chrono Virus Outbreak. So turkey has shot down a Syrian Government warplane over it labe in the north west where Turkish Forces have intervened in the battle for the last major rebel held area this is actually the 3rd syrian fighter jet downed in as many days turkeys escalating campaign against Bashar Al Assads forces is threatening to bring it into direct confrontation with the syrian president president s ally which is russia of course meanwhile 8 civilians killed this is the aftermath of an explosion in city ready. Controlled area again dozens more injured in that blasts and interestingly fighting also intensifying in the south of the country much of it said to be going on around the city of dallas on the main despite a cease fire that has been
Sandwich in the land we are here to settle the score. We begin with a monster day for retail where something happened check out shares of home depot, urban outfitters, kohls, all beating on ets but mixing on revenue. The stocks had a mixed reaction today. Urban outfitters the big after hours mover, so which is telling the story of the health of the american consumer. What do you say . It is a great question. The health of the american consumer, we can debate it the one that tells the story to me is home depot i will tell you if we had a conversation last night and you told me all of the numbers home depot would report and you said, where are the stocks going to go, stocks are down 3 the exact opposite happened. I guess the market is giving home depot a pass once again sales growth wasnt there yet their margins improved. A mixed bag for home depot given their valuation, given the take we saw today, the fact is stock is up today tells me the stock wants to continue going higher typically