The ones that go up all the time and barely ever go down on rare occasion when theres a marketwide pullback like we had this morning s p edging up, nasdaq gaining 3. 7 from a very ugly opening. You have to buy these up stocks. Buy, buy, buy, buy, buy hanover fist. In a market like this one that has a hard time staying down to begin with, even with a weak jobs number or a president that seems determined to overturn the election, hes not going anywhere, the up stocks just wont quit back at my hedge fund where i compounded 14 for 14 years id sit down with my staff and say, okay, give me your best stocks, the up stocks, the ones that never seem to go down. I want the unstoppable ones. I dont even want to know what they do, i just want them the staff would be incredulous there would always be a young whipper snapper saying, whats an up stock . Thats not our usual methodology. I adopted a no more mr. Nice guy attitude, like id ever been nice so i just demanded they give me their up stocks or
Shoppers are spending more during each visit during the pandemic which is good news for target. That is a bright spot in otherwise down day on wall street. Im Connell Mcshane. Welcome to after the bell. You know the numbers after the bell. We have time for the news that is happening at this hour. Fox Business Team coverage, blake burman is in washington, we have Jackie Deangelis in the new york newsroom, Ashley Webster coming up as well watching some of the new restrictions on business ahead of the holidays, well get to that in a moment, but, blake, lets start with you. Whats the latest. Reporter big news out of pfizer today, connell, 95 effective and safe that was the news out of that company as it relates to the covid19 vaccine candidate with pfizer saying they could apply to the fda for that emergency use authorization here in the coming days. Here is what pfizer said this morning about that covid19 vaccine that they are putting forth. They wrote, quote, to date the Data Monitoring
Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have too many bulls and maybe thats why the averages rolled over today with the dow tumbling 317 points, s p sinking 1 , and, by the way, things were a lot uglier for the dow in the early afternoon you see when most investors are bullish it means there is no one left to buy. They have plenty of facts on their sides. Everything from low Interest Rates, massive earnings, liquidity, i would let any of them manage my money if i were allowed to have money managed. Unfortunately, these positives have a whi
Referred to as a liberal consensus of the 19 forties and 19 fifties. And try to work through it actually is happening in terms of the kind of main fear of american politics. The possibilities, the political actions and in the way people are thinking about politics and the american forties and fifties. Yet three readings, all of which, in different ways, deal with the kind of idea of political ideology, and all of which share a set of assumptions about the way that ideas matter to politics. So, we will sort of be thinking, today, about how the kind of from those ideas, and this is a kind of transition classes were removed from discussing the geopolitics of the cold war, and the red scare, into discussing sort of, what else is happening in america in the 1940s, and 19 fifties. So, should we start with daniel bell . Everybodys favorite reading from today. I assume there are very few questions about this one . Yeah . So, is he, essentially, saying that, like, the political ideologies you c
What people now refer to as the liberal consensus, the 1940s and 1950s, and trying to work through what actually is happening in terms of the kind of main thoroughfare of american politics, the possibilities for Political Action and the way that people are thinking about politics in america in the 40s and 50s. You also had three readings, all of which in different ways deal with the kind of idea of political ideology and all of which share a set of assumptions about the way that ideas matter to politics. So, well sort of be thinking today about how they kind of frame those ideas, and this is a kind of transition class where we move from kind of discussing the geopolitics of the cold war and the red scare into discussioning sort of what else is happening in america in the 1940s and 1950s. So, shall we start with daniel bell . Everybodys favorite reading from today . I assume there were very few questions about this one . Yeah. So, is he essentially saying th that, like the political ide