Nearly 3 billion lawsuit in which he plays a starring role. Others at fox news do as well. And then a Battle Of The Ages and for the ages, of course, tom brady versus Patrick Mahomes in the super bowl tomorrow, coming up later this hour, were going to talk about that as well. I want to start, though, with nbcs mike memoli traveling with the president in wilmington, delaware, and nbcs ali vitali on capitol hill. Thanks for joining us on this. Mike, i want to start with you on this one and the president s worry, shall we say, about the former President Trump. This is the first time that you had a former president who essentially is going to be barred from Intelligence Briefings, right . Reporter well, yasmin, thats right. This would be the case if thats the final decision thats made by the white house but you know what . This is par for the course because the last time i was speaking to you from here in wilmington, it was during the president ial transition and what was one of the storyl
Claus story, but i read it with such urgency. Essential workers. Yes, exactly. Santa, top of the list this year. But before santa is halloween. Weve got a story on halloween coming up, because you guys know i love it. And skunks, because we all love that scent. Dont forget one more thing, the election too. You keep reminding me of that election. Lets go ahead and jump right in. We begin with the white house juggling yet another coronavirus outbreak, this time linked to the Vice President s office. But the Vice President is continuing to hold rallies as both campaigns make a final push for the most crucial battleground states. Theres word that First Lady Melania Trump will hit the campaign trail this week. Americans are voting early in record numbers with nearly 60 million ballots already cast. Mr. Vice president , why are you still traveling . Despite a small slip while coming off air force two and a covid outbreak in his inner circle this weekend, Vice President mike pence shows no si
The auto sector. Ford and nikkola news coming your way just about to flat line with 59 minutes left in the session. We have a big lineup of ceos coming up on todays show. Dan rosensweig on the back of cheggs earnings it is a moon shot. Then the head oof another stock that has been on a terror, henry ji, ceo of Sorrento Therapeutics and its a huge earnings news, disney, nikola and well speak with the ceo of ww right after the numbers hit. We have 58 minutes left of trade. Mike san totoli is tracking act and phil lebeau. B mike, start us off with the Broader Market it is flat. We alternate the days between when the indices look better than the majority of stocks and days like today when the indices are doing nothing but holding near the highs take a look at the s p 500 here we are on a year basis. You have the pop and turn pattern. You pop above the highs and then chops around right now were above that june high 3350 or so would be a 50 rally off the closing low for from 23rd that is 19
The heels of positive covid19 vaccine news why are all the opening trades down check out the airlines and cruise stocks, battling rocky seas with major losses a cross the board. Lastly, check out casino names youd think they would rally but no a sea of red. Whats with the break down between positive vaccine data and these trades were back to the old play book in the market, tim yeah we had a week off. S p outperformed amazon 8 in a week boy look at the turn around, look at that move by amazon, big upgrades on the street, maybe its just catching up to the levels 3200 on amazon by goldman, alphabet shares theres Different Things going on as good as the potential vaccine news flow could be, i do think that the reopening trade is moving in reverse theres states that arguably have lost control. So, i think consumers are assessing, but more importantly investors are assessing what consumers may or may not feel comfortable doing in terms of gettings on airplanes and getting involved in some h
Its definite. But, and this is a big but, you know what . I think its time that we just shade things i think we should take a little off the table. Why do i say that . Its not just because when i walk around downtown manhattan, im hearing more hey, make me some money cramer catcalls than i am booyah or i love the show sho sho shout outs its all the issues that have dogged the market suddenly seem to have gone away. So im feel like we got to kind of pan gloss moment here pangloss frankly, it means that were in a position let me just say the pangloss sellers, thats not what im talking about, the great vineyard in sonoma i like that. Were not talking about delicious cabernet here. Were talking about voltaires pangloss all is for the best isnt the best of all possible worlds pangloss whenever we start getting that vibe, it makes me want to sell something, because the best of all possible worlds nevertheless first of all, lets talk about whats going on right now, right now because there are