Week as traders rotated in and out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at johnson johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even g
Back at some of the weeks big moments in this weeks edition of the weeks talkers. Watch. Maria you have a scenario that you believe took place here. Tell us what you see. Oh, definitely. They framed general flynn because he was the cornerstone of the insurance policy to destroy President Trump in the event he was elected. Maria youve been talking about this, something was to come, for some time. If you take a look at this hard drive and youre an fbi agent, youre compelled to do something about it because there are things on it that havent come out yet that if any fbi agent sat by and watched it, they shouldnt be an fbi agent. Maria the fbi was leaking stories to web sites, and then they would use those stories that they leaked as evidence to renew the warrants to spy on the trump campaign. This is a scandal, and it stinks. If you look at what the Obama Administration did, it politicized the fbi, the department of justice, the cia. It used them, essentially, as a political Oppo Research
Amendment rights until there is no freedom at all. They will put the Great Republic on the trashy but history if they have their way if our government does not act and act immediately. Facebook and twitter this week censoring the New York Post bombshell reports linking joe biden to his son Hunter Bidens corrupt business dealings in ukraine and china. Facebook censored the stories, twitter censored the stories, facebook saying they needed to be fact checked and twitter called the stories potentially harmful. Whatever in the world that means. Within minutes, both social media platforms had put in and to the free flow of information in this country, the free flow of information that underpins our very democracy, they blocked millions of their users including myself to simply slow down the distribution of the New York Post exposes of the bidens. Twitter said their decision to censor the New York Post links fell under what they call the hack material policy, it is a policy to twitter ceo ja
Moments in this weeks edition of the weeks talkers. Watch. Maria you have a scenario that you believe took place here. Tell us what you see. Oh, definitely. They framed general flynn because he was the cornerstone of the insurance policy to destroy President Trump in the event he was elected. Maria youve been talking about this, something was to come, for some time. If you take a look at this hard drive and youre an fbi agent, youre compelled to do something about it because there are things on it that havent come out yet that if any fbi agent sat by and watched it, they shouldnt be an fbi agent. Maria the fbi was leaking stories to web sites, and then they would use those stories that they leaked as evidence to renew the warrants to spy on the trump campaign. This is a scandal, and it stinks. If you look at what the Obama Administration did, it politicized the fbi, the department of justice, the cia. It used them, essentially, as a political Oppo Research team. Maria facebook official
Over by 250 points and this morning you are seeing green arrows for the s p 500 and nasdaq, nasdaq right now up by about 122 points in the future market and that is pretty impressive you are now talking about four days in a row that you have seen gains for the major averages all are within 5 of their 52 week highs and in fact the transports set a new alltime high yesterday too. Right now the dow futures are indicated a little down by about 61 points. Were watching a lot of things that have been happening including news with Johnson Johnson, and earnings are coming out too. And if you want to take a look at the treasury market, right now you will see that the ten year seems to be sitting just around 0. 759 . So not far from where it has been yep, earnings are supposed to take the baton from stimulus hopes, which i dont know whether those are fleeting or not. But supposedly the earnings might be pretty good yesterday kind of weird all the stay at home new age tech stuff was strong as i t