Trade, even if we arent seeing it so much in the equity session. Lets bring in bloombergs dani burger in london. People a belot of playing in todays market after the thanksgiving holiday, but there is one cohort still coming on strong, and those are the day traders. If you dive into the charts, you can see they really have dominated when it comes to call volume. We have seen a lot of the robinhood crowd really prefer call volume calls as their option to bet on rising stocks. We have seen some of that call to put ratio plunge to record lows, and at the same time, it is the Retail Stocks which have been outperforming the pros, outperforming the s p 500 as well. What we get in todays session is a continuation of that. When we look at some of the big names here that are favorites of these retail traders, they are also outperforming. Things like talent here, zoom , those haver, zoom had a lot of call options as of late. A lot of them have calls that are expiring today. All of these actually
Housing starts surge 2ging 22 n july countdown to a record. We are above it right now. But as we have said, we have been there before. 59 minutes until its official will today be the day . I dont know, mike san toll ji not here. If you missed out on the markets stunning rally, is it too late to jump in now . Well ask founder Mike Novogratz for his take and a world of difference. How much the Global Economy has been altered and the challenge thats remain with David Melpass. Lets get to the stories were watching bob pisani is marking the action sara has new details on one of the biggest earnings and bob, lets start off with you. Its technology. There is the tech on the upside. A little Consumer Discretionary. That is amazon and advance auto parts. This the he do very good retailers lagging behind here. Thats how important they are. Those are not typos. Apple, 42 the stocks all major reasons why were at new highs today as for the retailers, yeah, we are at new highs at the open at home de
Infection rates low in tokyo but hong kong says the situation is increasingly severe. Jack ma looks to make more headlines. He is aiming for a 200 billion valuation with between listings in hong kong and shanghai. Look at how take a we are setting up when it comes to the asian open. We have a lot of positivity carrying on from that session. Investors are backing that buy the dip trend. The nasdaq hitting the alltime high. The s p hitting positive for the year. S p active futures contracts a little bit lower at the moment but it seems like the positive. Evelopment on vaccines trading sideways if you will. The dollar was broadly weaker in g10 except for the yen. We had Dollar Strength and yen weakness overnight. That is the handle we are looking at ahead of Inflation Numbers out of japan and getting machine tool numbers as well as some Retail Sentiment numbers by way of Department Store sales. Crude and gold were both a little bit lower in the asian start to the session. Some positive de
Hotspot while infections in india rise at the fastest pace in asia. Zealandsnks new postvirus recovery. We are joined this hour by the rbnz governor, adrian or. Orr. Haidi lets take a quick look at markets. We saw that exuberance over the Moderna Vaccine progress really dissipate quickly. We saw the late session swing when it comes to trading in the u. S. As it has concerns over the efficacy data from moderna causing some concern. Take a look at the futures in asia. We are seeing downside when it comes to futures trading in japan, australia, and hong kong, although we are looking at a little bit more of a positive open when it comes to trading on the mainland, and just also keeping an eye when it comes to Energy Markets as well given that we are starting to see backwardation between that june and july contract for the wti, suggesting some of the storage issues have started to ease. Lets take a deeper look at the markets. Investors are increasingly debating whether the broader stock mar
Start on black friday, despite shoppers already splashing out on deals with online u. S. Holiday spending expected to top 140 billion and a Software Deal with japans top supermarket operator, putting shares on cost for their best day since may 2018 well, good morning, everybody. Welcome to street signs. Wall street was closed yesterday for thanksgiving, but asia was negative overnight we had the hang seng drop 2 , the weakest drop in three weeks. That spelled out the tone for europe you see behind me, there is a lot of red on the board. Again, a lot of concern building about the possibility of phase one trade talks breaking down. This after President Trump signed into legislation a law that supports the hong kong protesters, there has been somewhat of a point of contention between the two sides over the last 24 hours or so one of the reasons why we have seen declines in asian equities and as were seeing now, stoxx 600 trading down the open was weaker. We recovered some ground in the la