Note investors, of course, closely monitoring the condition of the president and also keeping a close eye on any progress and stimulus talks we are, as well. Not to mention there is fallout, as well, regarding covid shares of cina world tumbling. The second largest movie chain Regal Cinemas suspending operations at all locations, carl jim, the headline still crossing from meadows talking to fox earlier today saying the president is committed to getting an aid bill done wants to move expeditiously but also be fiscally responsible thats certainly where the markets focus is going to be o today. The fact that the president wants to give state aid, that matters. Speaker pelosi wants to do a deal some urgency coming to it. So, the talks this morning i bet will be productive and i think thats very exciting for the market does it matter to you if its piece meal a little bit for airlines or Something Else or do you still crave something comprehensive is. As long as theres something for states,
Welcome on the watch in the. Times have a lot less and i did not get a bailout you did on the federal aircraft thats a massive amount of money i mean by the time the American People are at home going you know i could use 500 but yeah give us 100 bucks i could use 50 bucks right now to help and here are these big banks getting billions billions from our Federal Reserve so we have money. But were giving it to big corporate banks some of them foreign banks even if some of them foreign banks even i mean this is really incredible according to the Research Done by wall street on parade bank we dont know this if this is true but they are the most likely candidate to burst saving these funds d simply because theyve had a pretty brutal history over the last few years i mean theyve failed the recent merger attempts theyve talked about laying off 18000. 00 workers theyve run through. In the past. What are they we were. Very good. About but man. 3. 100 top of the. Share price has lost 90 percent o
Hill some investors are saying its more about what she did not say than what she did. Well explain. Meantime, United Airlines is unveiling a new program to avoid upset passengers on overbooked flights. Wait until you this is actually a good idea. I love it. A great idea, and well outline it for you coming up. But we begin today with Senate Republicans unveiling a new version of the Health Care Bill, including offering plans with less coverage, the skimpy plans, quote, unquote, and keeping some of obamacares taxes. Kayla tausche has the details. Kayla . Reporter earlier today the Senate Majority leader said that the draft that came out today will be scored by the Congressional Budget Office early next week and after that point he hopes to bring it for a vote on a motion to proceed. That is where senators will say whether they think it should move forward, be amended, have changes be submitted by colleagues on both sides of the aisle and then have a vote on a final draft, but we are gett
Nasdaq declined 3. 4 . Its very rare that we can sustain this endlessly bullish move. Rallies end or take a break either by matador or by pamplona style exhaustion. Its the way the hot streak comes to an end is what matters. A big ugly decline is the matador. Second way out is a whim per. I like the smart. But i want you to know what the former might look like so you can be prepared in case that happened. Every once in a while i talk about the Fabulous Service i paid for from standard poors. Its anathema to many. After days and days of rally, the oscillator hit the level of 10, it is a level of danger, which means the market is severely overbought. Buy, buy, buy, buy, buy when stocks get severely overbought, theyre exposed to a level of quick shortterm vulnerability which would make it nuts for you not to do a little trimming from your portfolio. Sure, the market can say overbought for a while. When we see the number 10, its the natural thing to do. Just like to cover your short positi
Messenger for business. Listen. Today were launching messenger platform. You can build bots for messenger. Its powered by Artificial Intelligence, build Natural Language Services to communicate directly with people. If youre confused as i am, facebooks head of messaging will join us in an interview to explain it all, david marcus. Lets get started with the market despite the rally, there are a few stocks seek being seeing major weakness. Alcoa, you talked about that last night after unofficially kicking off earnings season yesterday. They had a miss on revenue. Network gear maker juniper under pressure after lowering the guidance late yesterday as well. Michael santoli joins us from the alcoa poster on the floor. What does this for tell for the broader earnings season . The big question is not just how bad but whats the guidance going to be and has the market taken a count of how rough the past three months were. Were expecting a loss of about 9 in terms of s p 500 earnings per share a