Leventhal. We are basically at the highs of the day, call it a 500point gain, the s p 500 good for 1. 5 . Nasdaq which was negative very early today is back above 12,000, thats a gain of 1 . The small caps have had a tremendous run of their own. The russell 2000 is up by better than 2 . Josh brown, if i told up that the dow on march 23rd hit a low of 18,213 and we have had a 12,000point rally since then, you would say what i would say this is why people who are not only invested for long term by continually adding to their investments, 401 k s or automated advisers, et cetera, have done themselves a huge favor people on the other side of that debate who think their job is to wake up every morning and make in our out decisions have not done themselves a favor. Im 43 years old im pretty sure ill see dow 100,000 someday. Is he you have to orient your mentality in order to get to days like today. If your mentality is oriented toward trying to outsmart everybody all the time, you dont get t
First wave of the coronavirus pandemic. Austria is doing well as well. Are seeing the dollar at levels that we have not seen for Something Like two years. The falls in the dollar taking place overnight. Yenre seeing the japanese clamber up as well, reaching the 104 level. 103 yen. Terry gou. That is the current position. Kong is declining just a fraction at the moment. That is where we are without one. That is where markets are standing. Haslinda. Lets get back to our top story. President trump has attacked the credibility of the election, challenging counts and nevada, pennsylvania, georgia, and michigan. Speaking at the white house, the president made several claims and said that the election is being stolen from him. We will not allow the corruption to still this election or any election in that matter. We cannot allow anyone to silence our voters. Haslinda joe biden is urging patience and saying that he is no doubt heading to victory, in an election that hinges on seven states. Mr.
But claims he has won and alleged Election Fraud without providing any evidence. Earlier, democratic contender joe biden told supporters in delaware the results look good. We believe were on track to win this election. Yes. [ honking and applause ] we knew because of the unprecedented early vote and the mailin vote, that its going to take a while. Were going to have to be patient. Despite these claims, its still unclear who will take the presidency. Our u. S. Partner, abc news, is projecting trump will take the key battleground of florida and texas. The crucial midwestern state of ohio, which usually swings to the overall winner, is also projected to go to trump. But biden is still very much in contention in a president ial race that will most likely come down to a few key wins. Abc news is also projecting the democrats will maintain control of the house of representatives. Both trump and biden have spent a lot of time and money campaigning in north carolina, arizona, wisconsin, michig
Highs on the news with the money flowing to value and cyclicals. Havens are clawing back some ground today. Retaliation. The European Union will impose tariffs on 4 billion of u. S. Goods starting today. The eus trade achieve calls on both sides to drop countermeasures. A very good morning. If you think about it, we had that tantalizing, parabolic move, i would say, in this market yesterday evening. I was here late. Isar rationing around the markets i saw rationing around the markets. This morning, we face i suppose reality. Feels like a massive night out and this morning was a bit of the hangover reaction. Michael purves says it perfectly, talking about the vulnerabilities of the vaccine narrative. If the republicans gain control of the senate, this is very much so for them less onerous to want to do a fist lee onus less onus for them to want to do a big fiscal package. Lets take a look at what we did see yesterday, that euphoria manus is talking about. I want to show you the close ye
Market up 12 points, the nasdaq up 42 but the dow down 27 and it was wound and turned down to stocks, intel as well as american express, dont miss on earnings, revenue from intel datacenter, customers disappointed, what are the issues plaguing the company and mainly only intel, rival imd closing 3 higher, it mistreats estimates for capital one arrival card issuer, not that one, rally today, we have encouraging news on the coronavirus, not only gilead remdesivir with the first fda approval, but astrazeneca will resume the vaccine trial right here in the u. S. , it was good news but not good enough to raise the losses for the week, lets take a look the dow and s p 500 down for the first time in four weeks, the nasdaq down in five weeks, each off about 1 . Apple, not helping out, even though the iphone 12 is on sale, the cameras, faster chips, some of the models will start shipping today, i dont know if you have any interest, investors did not seem to buy apple today. Jackie thank you so