Thats still a threat a new stimulus plan high seed out still but maybe this is a buy on the dip day for big tech. The big five are off to a good start, you will see it all in a moment, plenty of green on the screen this morning, the debate joe biden says the president is not smart and he does not know much about Foreign Policy or domestic policy and he will come out swinging in the debate tomorrow night. The president wants biden to take a drug test before the debate and hes asking where is hunter biden, 36 hours ago, get separate tv ratings record, judge barrett facing harsh personal criticism, democrat activists are calling her a white colonizer for adapting to haitian children in senator feinsteins attack on her catholicism keeps popping up all over the place. Judge barrett starts makin meetg tomorrow and several refused to meet her including senator schumer, the hearings can begin in two weeks around october the 12th getting close, what a day and what a week, jobs day friday and Va
It is armageddon, moments ago the president told fox friends, he would not name his nomination to the court until after the services for Justice Ginsburg are completed, he said he would announce friday or saturday. He said he would move quickly, he said time for a vote before the election. Now look at this, a wall street selloff, major leagues, all kinds of problems for investors, election chaos seems to be a certainty that could even be a constitutional crisis of the Supreme Court has to decide the election and there are only eight sitting justices, there could be a tie. A second wave of virus infections has hit europe, especially britain, there are worries and comes here. China holding military maneuvers as a u. S. Envoy heads to taiwan. Grandpa got up and look what you got. The dow will be down 500, maybe 600 points at the opening bell, the s p 53 points lower in the nasdaq down 170, that is a selloff, in a moment you will hear more from the president because later on today he is he
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
Gave this answer whether asked about a peaceful transition of power. President trump get rid of the ballots and you will have, you will have a very peaceful, there wont be a transfer frankly. There will be a continuation. Charles we get reaction from the rnc coming right now. All that and so much more on making money. Charles recently in a mad dash for the exits weve seen gains turn into losses quickly. Some are comparing this action to the socalled taper tantrum. You remember back in 2013 when there was a great fear that the Federal Reserve was going to turn off the spigot, begin to undo the massive quantitative easing. Dont say to Stuart Varney i said qe. The stock market knows it has the power to moving averagers and shakers, president , congress, ceos, yes, even the Federal Reserve. I think the market rallied big time in august because it assumed there would be more accommodation. Then last week the market had its wakeup call, maybe the fed dont do more. Now the chance of fiscal he
Report in the atlantic that says President Trump called wounded veterans losers we will talk to the Vice President , but lets talk more about the nasdaq with the tech selloff continuing. Some of the big names we follow closely, tesla is down after a 9 drop yesterday and today its down about 2 in premarket activity. The chip maker also about 9 yesterday and it also looks to open down by almost 4 today. That is free market activity as well. Zoom after a big day earlier in the week seeing major prophet taking in the last two days down almost 2 and apple surging on its stock split monday but then down another about 7 yesterday down to about one and a quarter in premarket activity after an 8 drop yesterday. We are less than two months until election day and joe biden is out and about. He made another. Dot this could be why the democrats want him to stay in the basement. We will play that a little later. We may hear from President Trump as he meets with leaders of serbia and kos about later