87, the s p 500 is up 10. 5 this month the russell 2000, the biggest ever month live oly outperforma small caps that sort of sets the scene for us your note today to our producers to me says everything, bryn. You say, yeah, were overbought, the market is technically ahead of itself, 200Day Moving Average but wed be buyers anyway yeah, you summed it up perfectly. I think to give some perspective around that, when youre looking at technicians or technical calls, the 200 Day Moving Average, over 90 of stocks in the s p are over their 200 Day Moving Average when that number gets above 80 , thats typically a time to take a stand back as a trader as an investor, though, as we are, you want to take a look at that and say, hey, if we get a selloff, which im sure well get because thats just the price of admission for being an equity investor, we absolutely want to be in stocks because what are your alternatives cash or bonds . And both of those offer you no yield and so we also think that next
. O a presumed debate october 15 crisis, go to cash. Do you understand we are 3 from a dow record high . Jonathan the narrative has really shifted away from the worries about a contested election, and now the conversation about the potential of a blue wave. No question about it. We like to see more polls coming out. The candidates really migrate to arizona today and tomorrow to come off the messaging from utah. Have you seen the polls for going to be at polls from quinnipiac . A fivepoint lead in iowa for biden. The average right now, 9. 4 points to biden. I feel you, tom. I get it. Everyone else does, too. They are conditioned by the experience of four years ago. That is a conversation with kevin later this morning. Tom again, i look at the markets. The doom and gloom out there, the vix, the volatility at 28, im sorry. Look at the equity recovery and look at corporations adjusting. This breaking ibm news is important. Jonathan after a big acquisition last year of red hat, the restruct
Today. We are seeing crude fall 13 when it comes to w. T. E and the phillipines, that is one of the weaker side. But when it comes to the june ontracts, down 4 to 19 bucks. Look at what it comes to w. G. E . We are hovering around the 11 mark when it comes to new york crude, down 13. 6 . We mentioned about the United States oil fund, the largest oil fund in the world selling off e and ingsings in w. G. Unexpected move. Lets get more analysis with jp morgan asia yeah strategist. Is this starting to hurt the equity market . I think the moves that we are seeing in the oil complex is very, very specific. And looking across massive impacts doesnt i think the easiest thing to see the forward looking long data futures on Oil Prices Remains rather stable and it is not assuring. And the weakness we are seeing the new york futures is specific to the supply and storage they are seeing. I wouldnt put too much into that will market at this point. Interesting you say that, there is a divergence and
Public. Deciding that the scrutiny directed toward him had become too much of a distraction. The resiliency of facebook, despite the backlash over big tech. I get that. Im not the ideal messenger for this right now. We have work to do to build trust. What does the future hold as we head into 2020 . A special edition of Halftime Report in San Francisco, begins right now. And we welcome you to 1 market we have a great lineup today were going to be joined exclusively in a little while by snowflake chairman and ceo Frank Slootman as he prepares to take the Company Public in the year ahead. Frederick kerrest, the cofounder of okta, that stock up more than 90 this year were joined by Brad Gerstner who helped us take stock of whats happening in the valley throughout the year. Deirdre bosa is with us, covered the ipo and Venture Capital markets closely as anybody its great to have both of you here so brad, interesting year to say the least. Uber, lyft, they go public wework blows up. What do y
That the American Financial system. Kind of in 1858 in lynchburg virginia and grew up in the reconstruction self. Is this policy on the role of government was shaped by the views of thomas jefferson. For just 70 miles north. From 1903 until the early 1940s they played a key role in every important legislative debate. Its colleagues in the house, later in the senate, both democrats and republicans, as the go to expert when it came to baking issues. Our glass was a consummate politician. He was an expert when it came to reading the political tea leaf and crafting compromises that could be passed into law. He was wheeling to empower the federal government in his judgment circumstances were warranted. Twelve roosevelt progressive, he shepherded the most important progressive new deal reforms through the senate. Turn class had assault, he can be grumpy, but mostly in private. He was not a proponent of racial equality and thats putting it mildly. And he was a democrat. That was a joke. [laug