Gain tackling your questions on the rally ahead. The trader radar, what are you buying and selling today, josh melissa lets start with what is popular on robin hood according to robin track. That the Spartan Energy acquisition nio popular not only today by the way but saw the biggest gain in popularity for the week netflix, amazon and microsoft. As for Spartan Energy, lets dig into names there is report it could do a spak that would allow the ip ocho plan to make a vehicle everybody wants a piece of the market phil wouldnt be surprised if this happens then lets move on to fitbit, another name to watch. Reuterss did a did a report goy be able to avoid the full investigation into the bid for fitbit if it promises not to use the data to target ads another one to watch, bed bath and beyond reported earnings, sales dropped 50 but still has plans on the street. Raymond james reaffirming a stock buy says it should represent the low water mark in sales and earnings ill end with netflix. That p
Printer. And of course what always follows the problem when it was just going to the top 00 point one percent. You know is the moral hazard right moral hazard is an issue and were going to show you how that plays out how that has trickled down to the rest of the economy as we predicted here in report when people were piling in on their robinhood out into hurts a bankrupt company now we see amateur j. C. Penney traders beg judged to save them from white bout this is the story of American Financial markets since especially 2008 they are only acting like the leaders of our Financial System like j. P. Morgan like jamie diamond and amateur investors who loaded up on j. C. Penney shares as a reseller went bankrupt are now pleading the judge to spare them from a complete wipe out quote i hope and pray for you to consider the shareholders wrote 50 year old individual investor john hart and a letter dated may 25th one of the dozens sent to Corpus Christi texas based Court Overseeing the case in
Climax kaiser this is the kaiser reports the world is full of day trader stock trading is free and got all that free money from the government has a lot of people speculating whats going on they say well you know. Money printer. And of course what always follows the problem when it was just going to the top 00 point one percent. You know is the moral hazard right moral hazard is an issue and were going to show you how that plays out how that has trickled down to the rest of the economy as we predicted here in report when people were piling in on their robin hood up into her its a bankrupt company now we see amateur j. C. Penney traders beg judge to save them from white powder and this is the story of American Financial markets since especially 2008 they are only acting like the leaders of our Financial System like j. P. Morgan like jamie diamond and amateur investors who loaded up on j. C. Penney shares as a reseller went bankrupt are now pleading the judge to spare them from a complet
And Boris Johnson out there clapping for carers britains streets are filled with the falls right night for the National Health Service Workers. For the economic devastation caused by the krona virus is becoming clearer with the u. S. Announcing a major rise in the Unemployment Rates a record 6600000 americans a point for Unemployment Benefits for the 1st time in the past week thats 3000000 more than the week before some 10000000 people in total in the u. S. Still benefits in march there was a similar story over in spain the locked down there has cause more than 800000 redundancies last month many of them Seasonal Workers such as those in the hard hit Tourism Industry and 3 and a half 1000000 spaniards dont have a job or toll and the number of british people applying for government benefits is 10 times higher than normal almost a 1000000 brits claimed universal credit in the last c. Weeks and thats despite a stimulus package aimed at preventing layoffs well lets get more now on the situ
That seems to have worked because the dow which had been limit down has now bounced back and at the opening bell, we may be up 400 points. The dow will be up significantly at the opening bell. Same story with the s p and also with the nasdaq. Now, treasury secretary mnuchin, he says the Federal Reserve will have 4 trillion for loans to businesses. He says theres more where that came from and if congress doesnt get something going real fast, then they will go back to congress for more and he says the fed will provide any amount that is needed. Thats what the fed is doing right now. Thats the market. Thats the fed. Thats whats going on in congress. Now look at the price of oil. That has been a problem for American Energy producers and right now, weve got oil all the way down in the low 20s. Thats a continuing problem for texas, north dakota and for the Energy Producers and these energy stocks. How about the price of gas . That is absolutely tumbling. The National Average all the way down