In a year like no other, its a black friday like weve never seen before. The pandemic has many people staying home. Im ama daetz. Im dion lim. While black friday isnt what were used to, there are still lines to be found at malls and some people did brave the cold, some for as long as 36 hours to snatch up some of the most popular items. Liz kreutz was in dublin early this morning when the doors opened. Reporter when the doors of the best buy in dublin opened at 5 00 a. M. , there was no running, no pushing, no shoving. It was peaceful. There wasnt any rushing or craziness. Reporter like so much else this year, this black friday felt different, much calmer. Still, some people did brave the cold to wait in line. Sky 7 got this video from the livermore outlets and here is the doors opening at target in dublin. Friends jaden and mossy got to best buy at 4 00 a. M. 287 for a 50inch. Great deal. Reporter these guys were hoping to get a playstation 5 and werent the only ones. The game stop in
To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy makers i want investors to give consideration to who potentially would be the treasury secretary. And, lastly, what will incoming president elect bidens policy be towards the chinese i think the reintroduction of a favorable relationship is a positive one so there are many catalysts coming as it rates to the reopening of stocks, you could look at financials and energies, but the one sector that stands out to me as the opportunity is industrials it screams high in terms of return on equity, its go
I dont know if its so much will these reports be good i think the question is how good do they have to be well, theyre going to probably have to be extraordinarily good we saw what happened with microsoft already. The numbers were great across the board for the most part. The stock went lower and continued to go lower after they gave the guidance that they gave i think thats part of the elements of what were going to be looking at today, scott, is not only the earnings but what does the guidance look like for many of these Different Companies were talking about, the power four or five when you really look at whats going on there, its still about apple one and the bundling package, i think thats huge it goes back to the idea that this was once a Hardware Company that was mass, rigive and the hardware component was huge. Thats been a good thing because the reliance on that aspect of apple, it stis still there but less youve got wearables and services and all these different areas where a
Markets sort of whipsawed by the tweets last night from the president trying to figure out exactly where we are how are investors supposed to take this today . Well, you know, i truly do believe, scott, even after the president s tweet yesterday that sent the markets down almost 500 points in a very short period of time, the last hour and 15 minutes of the day, i still belief theres the possibility we have out there, and i brought this up last time i was on with you guys, the idea i thought we would get one done by the weekend or through the weekend obviously with some of the tweets and so forth, but then the president immediately seemed to have flipped back around and be a part of this whole thing. I do think we will see a stimulus at some point in the not too distant future because of that, i think it gives you a great opportunity on that dip yesterday, and obviously youre seeing a pretty nice rise today. We know what the temperature is of the markets and what people want to hear and
Blasting off, Team Bidenharris hoping to win back the white house from President Trump and Vice President pence, job creation, clean energy, Social Security and medicare protection s all on the docket as well as tax hikes for the rich and on large corporations. Our allstar panel will duke it out, and react. And in his first interview since joe bidens acceptance speech last night, Billionaire Hedge Fund giant and democratic fundraiser mark lazzry is here is he ready to pay more taxes under a Biden Harris Administration and why he says, centrists should not fear a bidenharris ticket and by the way, well forgive mark because hes really celebrating today hes the owner of the Milwaukee Bucks. They won last night, and well ask him about the nba bubble versus Major League Baseball cancellation culture, as well as yet another game getting postponed due to covid19. Tesla election trish regan fridaying its way past one of the biggest names in stocks the company now being called the new apple, as