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The dow did go down. The nasdaq went down 4 or 5 . I spent the better part of this year studying the pandemic i was right. You know what we just cover . The professionals are not the only covid that matters. We have a Massive Group of investors who become professionals. They dont care about the same thing as the experts theyre the ones who were the marginal buyers and sellers. The investors have changed the entire character of the market what made you not be able to sleep at night it was very little belief in stocks for the past 20 years, the convention says stocks could no longer be trusted. They continue to lose their values way too quickly when something goes wrong on top of that, the convention only a fool to try to pick individual stocks. You may as well stop trying to beat the mark and put some of your money in an index fund and invest safely in bonds the last eight months, that convention has been stood on its head by a new generation of investors after the rise of Commission Fr
Twitter saying that many of those votes are many of those comments are misleading. We continue to feel, the senator and i, we continue to feel very good about how things stand. We have no doubt that when the count is finished, senator harris and i will be declared the winners. I asked everyone to stay calm. The process is working. The count is being completed. We will know very soon. Be following the results, live reports from pennsylvania, where we are just learning that the Truck Campaign is filing a lawsuit as votes are being counted there. Markets are extending the biggest rally since april as investors rushed back into tech. The fed is keeping results near zero. Cooper is out with ubereats is still a bright spot for cooper as the pandemic continues on. Abigail doolittle is following the rally as this election remains uncertain. It is amazing that we do not know who the president of the United States is and we are in the middle of the best week for stocks going back to april. If we
Amazon also boosting, well, going up, of course, and apple, man, youve seen them both over the last day and this morning perhaps no exception, later today, we get the apple phones, prime day has kicked off, carl it is a big day. And as it was for yesterday, in terms of the stocks. Indeed, were within 2 of all time highs on the s p, trying to get back to the september highs, jim but i wonder if you think the lead this morning are these loss provisions at jpmorgan. I am surprised positively i think what has happened is people arent spending, not borrowing, credit card losses, fine Small Business loans, i dont know where the people are that theyre not suffering. This is it is not a happy maybe jpmorgan is lending better i will say this, david noticed this, there will be a call that goes on, simultaneously when we talk about it, and that call is going to take the wind out of our sails, david, if we Say Something really positive because there will be one comment and some comment that comes
Not enough to keep any of the majors in the green, dow and s p are about to snap five day winning streaks while the nasdac which did hit a new intraday record earlier has now reversed and probably wont likely see its fifth Straight Record close still what a week its been for the nasdac. One of the top minds on wall street is here, to make sense of all of the market monster moves this week. From the tech rally to golds jump about 2,070 an ounce and bitcoins come back, and we have a fox business exclusive you cant miss his perspective. Telemedicine also in the headlines after President Trumps executive order promising the government will pay for americans to use it, and the big emergencier of course but their competitor is a company thats smaller, and the ceo of dario health is here on the consolidation in the medicine worlds new normal and what his company does differently, its a fox business exclusive, and the end of the pandemic lockup has driven people straight outdoors this summer,