About how trading does and should work. Stocks were significantly up today after the biggest selloff in three months wednesday. The dow surging 300. S p 500 up 37. Nasdaq gained 67. Lets find out what this means for you and your money. The story of gamestop is a story about Institutional Investors versus a lot of little guys all making similar trades. Kristina partsinevelos of fox business joins us from new york. Good evening. Good evening. Its a rebellion between the Retail Investors and wall street. Its got a lot of people worried. Congress, sec, treasury secretary janet yellen. They are going to be monitoring the stock swings as well as trade restrictions. You have Companies Like gamestop that are used as a weapon. You have large, big hedge funds that noticed things werent going so well with gamestop. People werent going to stores to buy a lot of these video games so the big hedge funds shorted the stock. They bet the stocks would fall. Smaller retail guys banded together in online
Other. We have more on how judge barrett got badgered by democrats about their favorite legislation when judge barrett said she will not legislate from the bench. We warned you what democrats plan to do, they are doing it. Something we told you about, that how they will try to stonewall judge barretts nomination. Also nfl legend Herschel Walker. Former prosecutor jim trusty, david webb and National Border Patrol Council president brandon judd, what were watching. What the polls are saying about the 2020 race. Weve got that. Plus the next shoe to drop in the probe of the trump russia investigation. Also the flynn case for the president promising even more government documents will soon be coming out. Weve got the preview of that and more strange and curious connections between the fbi under james comey and democrats and the hillary campaign. The big mystery in the general Michael Flynn case those close to it are now trying to solve. To the Record Number of voters already casting votes i
[narrator] finish your degree at snhu. Edu. It is 11 00 a. M. On wall street and squawk alley is live. Good morning, welcome to squawk alley. As we watch the markets have a nice bounce on this monday morning, the down up almost 500 points the s p holding on to 3335 banks and energy are part of the story. Banks, amazon up almost 50. Amazon in the news this morning because they set a date for prime day. That will be october 1314th, delayed because of the pandemic. That is setting up a unique one to thee. Now october actually has a lot of action. You have prime day, that is probably in september. Then you have singles day, then you have black friday. In the mix there you have console launching happening there. It is an interesting moment for investors to think about what that means, all of that retail momentum going into q 4 and how that might play out differently this year. That is right, john there is so many different shopping events for the year also something that i have looked as is
Election day. Thats cutting it close. And while Mitch Mcconnell is confident he has the votes to confirm the president s choice for the high court, the radical dems are acting like agents of a foreign power rather than members of the loyal opposition. The democrats have already attacked judge barretts role as a working mother of seven. Thats right, attacking her as a mother of seven. They have implied she is racist, they have further implied she is a religious fanatic. President trump calls the attacks of the left on her straightforwardly anticatholic prejudice. I thought we settled this 60 years ago with the election of john f. Kennedy, but seriously theyre going after her catholicism. I will stand with her, fight with her, and we will make sure that these attacks stop, because they really its unprecedented. Theyre basically fighting a major religion in our country. This is incredible. Lou at least four of the radical dem senators say they wont even meet with judge barrett, they refus
You remember that . Joe was willing to sacrifice american lives to placate the radical left open border extremists, and we saved tens of thousands of lives, probably hundreds of thousands of lives, and we saved millions of lives by doing the closing and now the opening the way we did it. Joes decision to publicly attack the china ban proved he lacks the character or intelligence or instinct to do what is right. Lou biden, the radical dems, the rinos and the leftwing National Media have exploded over Bob Woodwards new book. Woodward reporting President Trump intentionally downplayed the china virus in the earliest stages of what later would be a pandemic. And a deadly one. President trump addressed woodwards claims head on today, and in the process smacked down abcs illmanneredded, disrespectful jonathan carl. Why did you lie to the American People, and why should we trust what up to say now . Thats a terrible question and the phraseology, i didnt lie. What i said is we have to be calm,