Join me every thursday on the alex salmond show and ill be speaking to the world of politics, sport. Im sure. Ill see you, then this is a boom bust the one business show you cant afford. Something i want to fail in washington coming up more positive news for a cloven vaccine. How did wall street trading above your record on monday, break down where investors are putting their money on the top of a massive trade deal and joined 15. 00 Asian Pacific countries, together with the Worlds Largest economy and lucked out, we have a lot to get killed. So lets get started. Historic day from a dern as preliminary results show its corona virus vaccine is more than 90 percent effective. On monday, medinas early data showed 94. 00 efficacy for its vaccine data also showed the drug maker gave 15000 participants a placebo shot out of those 90 people got sick. On the other hand, another 15000 participants also received the vaccine or actually received the vaccine. Only 5 people got sick and thats where
Get into that phil flynn, the senior analyst, Fox News Contributor as you know, adam joined us from agoura financial, jackie deangelis, we will be going through these numbers and sectors as you keep looking at this but alan, looking at it and i want to tip my hat to you because in the middle of this down graph when people were looking for barrels to go over with you said wait a minute, this is not as bad as it looks and sure enough you were proven right, going back to last march and where we are now, what can you do for an encore . Obviously we saw the market snapback as we seen every time in history, we are in a bull market, everything the market has thrown at it its been able to bounce back and bounce back the difference of a selloff, that is a lot higher move, you talk about the 10000point drop in the dow, that pretends 40000, that may seemed like a Staggering Number but its 30 above where we are now and lets remember the dow is 65 off the lows, there is upside left and until the dy
Radio. Alongside lisa abramowicz, im jonathan ferro. Tom keene will be back with us on wednesday. Erasing the mornings losses. Monday morning, we are faced with vaccine news. Some other news as well. We are pushing things forward every monday, it seems. Lisa although it seems like the market didnt respond so much to that news. There seems to be a lot of positivity baked in. So my people who came on this show were saying if there is any pullback, which there were likely be which there will. Ikely be, buy that dip that seems to be the feeling as we bleed higher towards the end of the year. Jonathan this morning, but theyre not out this morning, requestplanning to approval for this vaccine. What we have to think about is what would the anchor expectations on the policy side and on the data side. Later this week, the chiasm claims, payrolls the ism claims, payrolls. Do people start to get worried about the nearterm future . We hear from secretary mnuchin and chair powell this week. A bit o
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
Between antifa and Trump Supporters on the streets of washington, d. C. What can be done to curb the growing division in america. A look at market this is morning futures pointing to a rally at start of trading up 275 points right now. On the dow industrials nasdaqup 57 and s p higher by 29. The dow the best performer last week while the tech heavy nasdaq struggled with a selloff with the dow industrials up 4 on the week and nasdaq lower by half a point. And the s p higher by 2 . Covid cases on the rise across the country mean wheel as world waits for a rollout of the vaccine. Well be talking with new york state senator brad and who is one of fact pfizer vaccinings patients his insight coming up. Plus american i think knew try bring you highlights from latest spacex launch with four american astronauts onboard mornings with maria is live right now. European markets take look like this pretty much a firmer tone s p 500 up 45 and cac up 60 and dax index higher by 69. Pretty much about ha