At tray Glen Astrazeneca on the defense after critics say it failed to give an update on patient data on the vaccine trials. Futures after markets were closed for the thanksgiving holiday, they are in the green as you can see, dow jones 54 in the premarket. Weve got a lot to talk about today with wall street. Were going to have a half trading day today, markets closing at 1 00 p. M. Eastern time some good news to show you, nice gains there, the nasdaq is in record territory as the dow is looking to crack 30,000 once more today after the index crossed the milestone earlier in the week. Ruling on religious restrictions, the Supreme Court telling new York Governor Andrew Cuomo he cant put a capacity limit on houses of worship. Were on this story today. Plus, it is black friday, its going to look a little bit different. Retailers going with the shift to online sales as brick and Mortar Stores are rethinking foot traffic this year. Mornings with maria is live right now. Its a brandnew day.
You need to prepare yourself for some intensity all the most Important Companies in this entire market. I do not have time to kofcover of these let me tell you what to look for from the biggest names there are so much tech they think tech is done, especially the big dog, microsoft, apple and facebook. It was driven by a belief that the economy is about to get stronger because of a stimulus bill and the only way you should play is sell, tech and buy the industria industrials. Well, we are going to get to see this it is probably not until the election take monday. We are from otis worldwide some people see this as a stimulus otis is more of chinese elevaorr maintenance. Biden stock, people perceive biden is being soft on china monday night, two major tests, i keep on telling you about the bull market. Listen to nxp. The other there are periods of happening. They dont last that long. Few companies are more richly. Tuesday morning we get results for some big drug companies. Pfizer and merc
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
Things, our country looks a lot more like the juggernaut it used to be, and so does the stock market thats the only way to interpret the incredible pin action that we got today from adps incredible their National Employment report, and it showed that private Sector Employment decreased by just 2. 76 million jobs last month, when most economists were expecting something more like 9 million. Hallelujah. That and some early positive data about the opening of restaurants and casinos are how the dow surged 527 points today. S p jumped 1. 63 were gaining back all our losses here, people. You see this kind of animal spirits of the market coalescing with the pent up demand for ravenous consumers and you get the insane gains like we saw by the way, taking us to the most overbought level, 11. 1, in the s p since july 24, 2009. Any time its been this high, its actually okay well have to do more on that later this week. Look, i know there was a time really not that long ago when 2. 76 million job
Jumped in early. And hollywood outrage that netflix has a new feature that will let you binge watch all of your shows in hyper speed. Good morning, good afternoon, good evening thank you for joining us on this busy morning the chart to watch today is beyond meat. Shares are off 9 . Posting their first profit ever but the market wanted more we saw shares fall over 10 . Beyond meat, certainly a stock to watch down 9 . An early investor will be with us in a few minutes. A double dose of breaking new in the energy space new reports that saudi aramco aiming to price anticipated ipo that will occur december 4 then the stock will begin trading in riade on december 11 separately, the wall street journal is reporting that Marathon Petroleum may spin off the speed way gas station chain. Also reporting its ceo may be replaced the situation on marathon is fluid. The correct ticker is mpc. There are two marathons. Often confused getting back to the markets. The s p 500 as you might have heard about