Nervous and seeking that safety. Now you have the 10 year yield higher. Over the long run, if that continues, that will actually be a headwind. Today you have to take it as a signal investors not wanting havens. , the new yorkand faang complex, the mega cap tech stocks, that is down 1 . That part of the market is still weighing on the s p 500 while you have the financials and the energy and some of the other cyclical sectors doing well. David talk about that faang index. Earlier you said the real story is not the index, it is what is going on with amazon. What is going on with them . Abigail there two day prime event was last week. If you look at the stocks from that event to today, almost in a correction, down nearly 10 from peak to trough. That is not a great sign. The stock is underperforming its peers by about 5 during that same time. If you have a stock coming out of a bullish event into an Earnings Report suggests that hiphop ahead. Hiccup ahead. A the company could be under pres
Why the coronavirus protection has become a symbol of political tribalism. And pandemic checkup. What you need to know before you see a doctor or a dentist. And how hotels are trying to keep guests safe. Be listening with both ears. First, heres todays eye opener, your world in 90 seconds. There really isnt any guiding principle that i was able to discern other than whats good for Donald Trumps reelection. A new book by President Trumps former National Security adviser paints a damning portrait of a president who puts his own interests ahead of the countrys. He broke the law. Very simple. This is highly classified. Thats the highest stage. Its highly classified information. And he did not have approval. The Atlanta Police officer who fatally shot Rayshard Brooks charged with felony murder. We want you to stay focused. This is not the finish line. This is the starting point. President trump is Going Forward with his planned rally in tulsa despite a surge in new covid19 cases. Were not r
Picture here. Dow jones industrials down 66, s p lower up, actually, by 5, the nasdaq is a bit higher, and stronger, up by 90 points. Its no wonder that traders are having a tough time deciding which direction to go, green or red. The Paycheck Protection Program just ran out of cash a few hours ago. Gone. Former ubs chairman robert wolf and round out savings bank ceo Sheryl Bowers weigh in on what happens to businesses at the back of the rescue fund line. What if they need the money still and whats going to happen to them . The number is staggering. 22 million americans now on the unemployment line as the workfromhome environment hits a major speed bump. The ceo of virtual headhunter upward is here on the new challenges of helping people find remote jobs as more and more companies let them loose. And the Hotel Industry was really among the first to be absolutely hammered by the coronavirus crisis. Strong leadership in troubled times is a premium but Remington Hotels just got a new ceo
Down across equity markets 1 . At least we are getting some bounceback in u. S. Equities. But given a 3 drop, hardly any consolation. Further into negative. In australia a low 16 basis points, the flattest curve in australia going back to 2009. Flipping the boards, what else are we tracking . It is not a good day. Msc i down 0. 8 . Home prices nothing to write home about. Ems, 0. 6 . However cheap you think they are, a strong dollar keeping the money away. Uneventful. Dollaryen, 106. That is steady, bodes well if you are looking to buy into this. Joining us to answer that question, ken wong. Agent equity portfolio specialist. Ken opportunities. Over the next couple weeks a lot of Companies Reporting their earnings. Itll be good to see specifically what the guidance will be. We know markets are relatively cheap. You look at that from a historical standpoint. That said, you still have to be careful. Below theirrading Intrinsic Value. A lot of investors are waiting for silence. I was in a
I thought joe biden likes democracy. If you like democracy, you love the Dobbs Decision which gives the power back to the people to have a vote. One of my constituents actually texted me, this is the hate of the union speech. All he did was point fingers and blame republicans for his disastrous policies. All americans are ticked off that he hasnt closed the border and and fixed the border issue. He has all the authority he needs to pix the border issue without a new border bill, without any more taxpayer dollars. Its also a sign of what the Biden Administrations been about, which is only about a them. The country has been an excuse for their power, their reach, their ability to do as they please. So i think that this was a perfect similar is boll of what biden stands for, what the democrats stand for. Stuart whats this song . What is it . Eye to eye. Im not quite sure the relevance of that song to any news item today, but ill work with it. Kind of like it. Oh, eye to eye. Im old. I jus