There say couple of people in some room in pennsylvania, i dont know who they are, i dont know if theyre working yet, maybe not up yet, maybe working 9 00 to 5 00, i dont know who are going to determine what matters the most, i can put a price multiple on bristolmyers better than anybody in the world unless you tell me there is a big sweep or something that is going to happen. You know when you deal with a lot of the companies were looking at, the price sharing multiple will be decided by the notch up or down by the president ial election. I think you dont think over the last two yesterdays trading session, potentially what were going to see today, the market is already making a decision in terms of who it thinks the president is going to be and what the composition of senate is going to be. Yes, it is. Youre talking about workers in rooms as though theyre make the decision, the decisions have been made, theyre simply doing an envelope, taking a ballot out and putting it in a pile so i
For the s p 500, 139 above the moving average. Romaine on a weekly basis, there are only two stocks that finished in the green in the s p 500, and those were both speculative plays around the coronavirus. Sector andal quick looking at, Energy Stocks, small energy up 4. 5 . This is a sector that got up litter rated. No new bond issues. Lets check in with our reporters and see what they are keeping an eye on. Abigail, lets get started. Abigail lets get started. This is the worst week since 2008. As they had that small move. He said watch after 350. That is when the by that can happen. That might be why we saw the better clothes than expected, but when we put it in the theyxt of the longer term, absolutely sliced through the 200day moving average. Here is the moving average and blue. In yellow, the 100week moving average. When that has happen in the past, for the most part, it has signaled that we are likely to go down to the 200day moving average, which suggests more bearish action is ah
Company is still far from overcoming this. Welcome. Happy monday. Back and locals volatility is unraveling. The volatility is up and they finally broke out of above or below and this changed with the s p 500 utility index. This is a correlation we are keeping an ion. And this negative near is a huge flashing signal. The dollar and commodities are down. The question is if it is a temporary movement or baker. We have seen the volatility increase and a lot of people are concerned about this. What take a look and see is happening with global stocks. And the indexis we arer for the u. S. And and wehat the yield is saw the increase on friday and manus was talking about the correlation breaking down and we and a 10ates go higher year yield go above zero. You can see the stronger dollar uan was south korean you down and north korea was doing nuclear tests. Andant to bring up crude producers increased the drilling risk incan see some this market. You. Ank clinton has canceled a trip to californ
It is 6 00 here in london. We start in paris. French police have said shots the north ofed in the city in connection with the attacks on friday which left 129 people dead. Youre looking at live actors from where the action is taking place this morning. The french newspaper reporting that two people have been killed in the operation. Us from parisoins with an update. What can you tell us . We have to be very careful, because this Large Police Operation is still taking place as we speak. Le mond, two people have been killed but others are still barricaded inside. This is a very highly populated paris. Rhood, suburb of fareast three people so have been arrested but the operation is still underway. Several french media are reporting it could be a very highlevel operation targeting the mastermind of the attacks. This information is not confirmed at the moment, but if it was the mastermind of the weve been talking about him the last several days. He is 27 and was born in belgium. To be in sy
Renewed tensions in the streets of paris but crude continues to rally with brent 2 higher. In m a news monsanto plants the seed for a new syngenta bid. Shares trade sharply higher after the u. S. Firm says its still on the hunt for a takeover. All right. Lets get to our top story this hour. The disturbing scenes on the streets of paris. The northern suburb of the city. A Police Operation is still underway in the french capital. More than five hours after it first started in the Early Morning hours. French Police Concerned theres still one terrorist left inside the apartment at the center of this raid. One woman in the flat has been killed. She killed herself at the beginning of the assault by blowing herself up. Three men have been arrested from inside the part and reports are that one civilian who is passing by at the time of the operation has been injured as well. These are disturbing scenes that were keeping a close eye on and theyre after a high value target. The mastermind behind