And joining us now to see what 2020 has in store is managing director, victor anthony, and Portfolio Manager at needham growth fund, Chris Retzler good morning. I look at the tech stocks that did the best this year, a lot of them were kind of underdogs, roku, top of the list coming into the year, people talked about netflix would beat up on them this year, the narrative seems to have shifted. Apple is another one people thought apple would have a bad year not only trend wise in tech whats important in 2020, are there underdog names you particularly have in mind . Victor well, mostly on small cap large cap, i see amazon, alphabet, google, facebook continue to outperform those arent underdogs. Are they no. Angies Home Services which underperformed significantly in 2019, i think another one, comscore, unforeseen event, management departures, outperformed significantly Online Dating app, the meet group, meet glad it is spelled that way different kind of stock if spelled another way. Up abo
The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large cap tech has done unbelievably well this year. Or if they own individual names. If you own apple, youre up almost double. Now
Job fueled rally. Asian stockse with back at a decade hundred at a decade high. It is bloomberg daybreak europe. Anna edwards is out of the office of the next couple of days. One market that is not pausing. On friday, ther dollar. It had a jobs report that delivered. It had everything entered the market could have wanted, but still the dollar theres seem to be in charge. Bears seem to be in charge. Have a look at this. Week moving200 average look like . This is the 200 day moving average. If it breaks this level, you are potentially looking at a more dramatic reversal of fortune. Gary cohn startup thought to shore up the market. He is going to the hamptons this weekend for charity and said he was confident of a tax overhaul to be a published by the yearend. To that end, we are keeping a close eye on this 200 week moving average. The market is building up at the fastest pace in australia, new zealand, and canadian dollar. Lets translate this into your risk radar. We are waiting for infl
Germantown and south and east of there it stretches over to poolesville and then across the potomac to near olney and south of there, ashburn, and now just coming into western Fairfax County from great falls through reston getting a little bit of that sleet and then it breaks up. A little west of there into the central Shenandoah Valley. The temperatures are above freezing, though, so thankfully, any wrp tare where the wintry m falling. Youll need a raincoat and umbrella for the afternoon. A breakdown hour by hour for the day ahead. A look at our. Breaking news on the roads, tom. Thank you. N rou 123 and spout run parkway. There are emergency repairs going on right now. News 4s Megan Mcgrath live with more on that. Meg megan . Ae lar sinkhole down there on the southbound lanes of the g. W. Parkway. You can see one of the detours in place. The ramp from 123 down to the parkway completely shut. These are the folks that werh o parkway and theyre being forced off. So a lot of people kind o
Everything i have put my family through. And ray rice is breaks his silence. Well tell you what he had to say about the night he punched his then fiancee. News 4 at 11 00 starts now. Good evening, im jim vance. And im doreen gens ler. We begin tonight with Winter Weather advisory. Colder air and rain moving into our area right now. Doug, hows it looking out there . That rain already changing to snow and sleet in parts of the area. Thats why we have the Winter Weather advisory for parts of the region. Take a look at the radar right now. You can see the rain moving back in. Temperatures have dropped by 30 degrees in some areas. And right now, were seeing that rain, changing over to some snow, back toward the west, back into portions of West Virginia. In Frederick County. This is going to continue as we move on through the night, but everybody is going to be on the wet side tonight as theres a lot more moisture back to the west. Because of the moisture and the colder air, areas will see a