Blowouts record highs for apple and fable. Lets dig a little deeper. Amazon is built for a pandemic they typically pour money back into the business. They made a big bet on Online Grocery. Nay have been preparing for a shift in spending habits and it just so happens that occurred overnight. On the Earnings Call one analyst joked that does jeff bezos no how successful amazon is same store pick up, a number of whole food stores that can pick up deliveries on triple this quarter we are adapting and looking at something that changed and created things for the new vooirs, especially the entertainment area alphabet is more affected by the pandemic you can see the shares are under performing the other tech giants this morning you cant help but note that while amazon is known for groceries and advertising, they are smaller projects, they are still losing money lets bring a closer look at the quarters amazon getting a number of price targets at 4,000 that would apply a market yeah, it certainly
Yeah, President Trump started promoting mask wearing on twitter. A major shift and the stocks have been fitted from a reopening economy are higher today and thats how the dow jones gained 160 out performing the s p 500 but trouhe nasdaq. the cramer covid19 index is out. The recovery stocks are in at least for today our country has the worst coronavirus outbreak because we turned wearing a mask into a cultural issue the president tweeted a stark black and white picture of himself wearing a maface mask wh the explanation saying many say its patriotic to wear a face mask when you cant social distance there is nobody more patriotic than me, your president. End quote. Well, kind of the only one why does it matter because President Trump is the de facto leader of the anti mask faction. Thats why he spent months refusing to wear a mask in public and framing this as an issue of personal freedom. That emboldened people to take ridiculous stands against mask mandates invoking the first amendment
Taken individually they can mislead us but taken together they are like high beams who can keep you from straying into the wrong and dangerous lane [ screaming this was a good day for the bulls. Dow gained 3919 points nasdaq advanced 5. 2 more importantly, though, every single stock, on my go list like the go pattern in football, a go list was up today. Meaning that something very big could be afoot that is highly unusual whats on my goal list im talking about the companies that are doing okay right now. But if the pandemic were to end or be behind us, theyd be putting up breathtaking yearoveryear comparisons and we care about yoy, year over year by the Time Next Year well have found a way back to normal or at least an almost normal situation. And its probably going to happen much sooner than that im going to rip down that list to show you what a go pattern looks like but before that buyers have decided that science will beat covid sooner than expected so youd better get on board or mi
In terms of an after hours session for us it certainly is so many Earnings Reports coming out. And four giant Tech Companies among them coming up on this massive show, fresh off earnings this morning, an exclusive interview with david taylor shares hitting a new record high today. The company saw consumers stock up on Household Goods amid the pandemic and then at the close, well get earnings as sara mentioned from names like apple, amazon, facebook, and alphabet those companies represent some 40 of the nasdaq 100s total market cap that is all coming up today on closing bell. Lets start with the markets the dow more than 500 points intraday swings today. Now at the moment down by 200 points mike, an intraday recovery inspired by the european close this was soft. Once we got that behind us, allowed us to bounce a bit it is true. The markets absorbed that weakness in europe as well as, of course, the ugly economic numbers before the open. Also i tested the recent lows in treasury yields w
Left. Biden taking out a chapter of the president s playbook in buy american plan and take a look at futures pointing to lower opening, down 120 on the tow and s p 500 right now down 11 points. Nasdaq closed at record high yesterday. Dow and s p 500 were in the red as coronavirus spikes raise more concerns about economic recovery. The Supreme Court delivering a mixed ruling for the president saying Manhattan Das Office can get tax returns but denying Congress Access for now, plus this could be the worst tick season ever, many symptoms mimicking coronavirus, what you need to know to stay healthy coming up next hour. Mornings with maria is live right now. Purposan markets look like this. We have gains in europe. Cac quarante up 15 and dax up 47 points. Pretty good positive tone in europe. The two of the uks biggest retailer booth and john lewis cutting more than 5,000 jobs. In asia overnight red across the board. China shanghai composite snapping winning streak after rising nearly 17 in