Challenges he continues to insist the election was stolen for him, one of joe bidens advisors floating idea of more lockdowns ahead of the covid19. Well get the take from the rnc all that and much more on making money. Charles well the market opened relatively flat, investors moving back into the growth names including the lockdown darlings like zoom and peloton this at the expense of the rest of the market. Despite soaring covid19 cases more restrictions an lockdowns investors are resisting panic right now. Many probably remember taking big losses last spring, only to regret it by late summer. With earnings season almost over, vaccine hopes rising with more economic restrictions what kind of guidance will we see near term that dictates Market Action . Maybe it could be the charts, folks. We know investors should mind the gap when it comes to the market. I will explain that with help of ryan capital president , ryan payne, a group im not affiliated with. And federated lisa decell, fitz
Joe bidens plans might not be that helpful for the market no matter what moodys says. We raised a issue about moodys. Theyre saying it would be stimulative to the recovery. Moodys is a Municipal Bond rating firm. Under democrats generally a very a buoyant. News out of new york, Governor Cuomo says movie nighters outside of new york can open at 25 capacity. Here is the trouble. Those in the city dont think about it. One in Staten Island, owner of that theater does everything and anything he can to protect those that to go to his theater. Looks like he cant. For wait some time. Is that fair or balanced . We pick apart the theaters. You decide. Were keeping a very, very close eye on the real life movie playing out over stimulus. Right now growing confusion over nancy pelosi socalled 48hour deadline to come up with something from the white house, presumably. Republicans more generally to respond to her sort of bottom line deadline, get it done by tuesday or it is after the election. Lets g
Market watchers coming up. All that and much more on making money. President trump i shut down talks two days ago because they werent working out. After that, we got back, both sides very capable. We got back, we started talk again. Were talking about airlines and bigger deal than airlines. Were talking about a deal with 1200 per person. Charles well those stimulus comments by President Trump helping boost the market today until nancy pelosi said there will be no airline help without a bigger bill but talk needs to translate into action between both sides that has to happen fast before something, certainly before the election. So what is going to happen . I will bring in now Tennessee Republican senator marsha blackburn. Senator blackburn, we heard, we had a great lively interview with President Trump this morning on our network. It is pretty clear he wants to get something done and something done immediately. Whats the latest right now . We know that the president does want to get som
Its earnings after the close. Should you take it for a spin . Todays initial jobless claims, 884,000. The a stark reminder the economy need as bump. Senate killing the republican skinny bill which i think was a waste of time anyway. Where is the sense of urgency . I will ask senator Marsha Blackburn coming up. Look at the inspiring story of a ufc fighter and his father. All that and much more on making money. Charles so, folks after wild hopingover the last five for equalibrium, market at alltime highs, beginning to sway side by side. It is scary and epic. Even trading before today was wild. It was all over the place. So, is this a session where maybe we can finally get some equalibrium to this market . If so, what is next . Well ask ryan payne, ceo of Payne Capital management, a group im not affiliated with. Fitzgerald group principal, keith fitzgerald. We have optimal strategys Francis Newton stacy. Francis start with you. On the notion that we chose unchanged today, would be some fo
University, so you dont learn all the tough lessons of trading the hard way. President trump pushing republicans to do a bigger stimulus pack on toe help struggling families to help boost the economy. Will lawmakers listen . I will ask senator kevin cramer coming up. All that and much more own making money. Charles oops, it happened again. Yesterday the market surged as the Federal Reserve wrapped up. From would be whether wobbly to fullblown swoon. In this is not the first time it played out. When there are more winners than losers, happies because of the waiting system but it often triggers more selling and cause investors to sit on their hands. How do you buy stocks when the overall market is down but not really down . Ipo mania. Everyone is asking is it sucking some of the oxygen out of the rest of the market . The singlefamily housing boom, does it continue or too late to leverage your portfolio to this phenomena. We have a lot to cover. I want to bring in jared levy, paul schatz