Weekend. Our roadmap begins with the record setting week. What are the risks to the rally . Plus tesla on a tear, set to open at record high after topping 2,000 for the first time. And democrats demanding answers, the embattled postmaster general testifying this hour amid a political furor surrounding policy changes ahead of the november election guys, its going to be an interesting morning to sort of take stock of where weve been over the past couple of days the s p all time high, apple 2 trillion, scott, tesla 2 k even though b of a this morning says that weekly outflows look like they may be the biggest in about 15 weeks despite some of these new highs. Maybe this is the week, carl, where technology said, do you know what, wait a minute, not to fast, growth, not to fast, value. Ever been has been coming out of the woodwork trying to make these calls that there is going to be this great rotation, carl, from growth into value stocks and these cyclical and epicenter names as tom lee ha
How to taper without hitting prices . Polands president ial election is too close to call. We have the incumbent ahead by a thin margin. The result is seen as pivotal for the nations future ties with the European Union. Welcome to the European Market open. Matt is off this week, but just a month under an hour until the start of the trading day. European futures and u. S. Futures for you and both tell a similar story. European equity fund its pointing to the upside, u. S. Futures pointing to the upside. Between. 6 andp. 8 . Weve got u. S. Banks reporting, plenty of those coming through the week. Weve got a few Central Banks giving us their Interest Rate decisions, a little less likely to drive sentiment this week. Looking to the earnings season for any clues. Lets have a look at the gmm to see where weve been overnight through the Asian Session and any clues into the european session. Flying, chinese assets taking off despite caution in chinese papers. The japanese nikkei come also stro
Little bit of fog from the city and down into the san mateo coast, it looks mostly clear, 40s and 50s on temperatures. Santa rosa is 47. Close for everyone else, temperatures are 60s and 70s. We will bump these up. 78 degrees it, pretty close to seasonal averages. The big news is the warmup after tomorrow. It will start on saturday, saturday will not be too bad, but say sunday or monday, click on your ac. It is warm going into next week. Temperatures today start up in the 40s and the 50s, with patchy fog. That is not going to last too much longer. The high will start to build and for saturday and temperatures are on their way above average. Today, close to where they should be this time of year. 60s and 70s. Lets go over to sal, by this time, ultima pass, something is showing up. Theres a little bit of something, there is sluggish traffic, at the ultima pass. Looking here like you are at the commute, westbound on 580, coming in through the ultima pass, you can see a little bit here whe
Sunny. Corporate changes, the minnesotabased coffee chain, caribou coffee has gone viral after a video of coffee sleeves he was asked to remove the sleeves that says fight the urge to remain indoors. A Company Spokesperson says its under normal circumstances, a great message to send people but not the advice to offer customers who are doing their best to follow stay at home orders. The sleeves that said fight the urge to remain indoors were printed long before the covid 19 pandemic and stay at home shelters hit. In what we get to do every day, we value words and phrases in response to this poor guy taking out every one out of four coffee sleeves thoughts and prayers for the advertise guy. Is there anything you cant say anymore because things have changed . I cant think of anything off of the top of my head. Times have changed. I dont know. Part of me wants to go backwards to where we were, but at the same time despite the tragedy, i look for the positive, i look for things that are goi
Your stat of the day only one stock in the nasdaq 100, pfizer fell today, 99 out of a hundred in the nasdaq 100 are on the rise. Big banks, a big story for earnings and the results, the stocks not doing so much and former fdic chair sheila bair is here with a new white house op ed and the new Coronavirus Briefing, we will be monitoring that in the last couple of days there has been more news and this one a little different. Look at the location it is not in that press room this is in the rose garden which, we dont know what theyre going to say, but historically, when we have this one podium in the rose garden, we tend to get more news so there is a lot going on, but lets get right back to the markets. Tim seymour, i want to begin with you and really today i need a china story. Apple, iphone sales jumping 2. 5 million in march versus 500,000 in february. Better import export data. Did bigcap Technology Today to you sort of signal that china is providing a kind of road map for our reopen