The nasdaq up 1 and s p 2. 7 and dow declined 86 points were about to get a set of u e unbelievably set of big numbers but frankly, its horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, Sporting Goods and lumberyards that cant compete because they were deemed essential and i fear they will never get lost customers back, not with prices big guys charge. The winner haves so many advantages over the little guy im amazed there is any competition whatsoever i feared that there wont be and thats driving me nuts i love when these big household names go higher, but i hate when the reasons they are going higher their Small Business competitors are being wiped out. A lot of these smaller outfits have been able to hold their own before covid, but now the big guys have crafted pheno
And dreaming big, the inspiring story of a man who was a Security Guard at the hospital now returning with a brand new job. Early today starts right now good monday morning im phillip mena we begin with breaking news a state of emergency curfew has been declared for wisconsin. Outraged people filling the streets after a 29yearold black man was shot by blpolice video went viral online and it may be disturbing to watch a man identified as jacob blake can be seen moving to open a car door and thats when multiple shots were fired. He was air lifted to a hospital. Our local affiliate spoke to his fiance two male officers instantly detained him like, you know, put your hands but like no questions or none of that and im just trying to get the kids out the car. Im like wait a minute he didnt do nothing wrong like you know, just ask some questions first before you pin this man up against the car. The Police Department says officers immediately began providing first aid. Blakes father told nbc n
Lightning storms and nfl commissioner roger the same conditions were in place one week ago goodells uncomfortable thousands of lightning strikes conversation about Colin Kaepernick and heavy winds spread flames early today starts right now across the state they could cause havoc on this fire and fires throughout glad youre with us the region 50 miles away im Frances Rivera and im philip mena we begin with that breaking reporter another grim news another Police Involved shooting milestone, the fire totalling caught on camera 1. 1 million acres in size, a well show you some of it now with a warning that the video fire foot print visible from may be disturbing. Space. The president signing a Disaster Police were responding to a declaration, releasing federal domestic incident, and a man aid to help exhausted crews on identified by family members as the ground 29yearold jacob blake, opened the National Guard and military arriving in california to a car door and appears hes shot relieve the
Tweet earlier in the hour does suggest that you think these retailers are prepping us for numbers that are going to be tough to replicate. Yeah, i think that they have to, carl they all know that america was flush from the 1,200 check and they also know there is a lot of stay at home people trying to make their homes into an office and a home, and that thats largely passed now, that doesnt mean that you shouldnt buy these stocks because that money went to these essential retailers and now theyre stronger than ever, but i know that if you are if you are at walmart it does not pay to say this is going to continue same thing with home depot i say you wait, let them come down and recognize that these are just so good that you want to be in them. Particularly, say, if a lowes comes down, thats kind of attractive, they report tomorrow look, these are remarkable companies, but they are also given as remarkable companies are to humility and to a respect to the individual investor they dont wan
Good to be back with you. You did mention very important piece, which is davids piece and hes a friend of the show. Talking last night i was reading it and thinking can we really go higher he has a piece that says we will blast higher that will be something that i think a lot of people would be suspect, little critical of because were going right into the election he doesnt seem to mind that davids work is high quality and i just really think that he is just saying, it is time. And wouldnt that be something if we have a big, big move here. Its fascinating. He does say, jim, as you point out, the election does remain a risk but 3,600 year end and 3,800 in 12 months is a 6 gain and earnings estimate, jim, for next year 170. I mean, i remember when they thought 150 might be a risk. I just have to tell you, i wish everyone could get goldmans research i was fortunate enough to get that piece because it is a very logical piece because how there are many parts of the economy that are good. Th