Proposal we could see volatility on the wu witching day options is tote expire 59 minutes left of the session were down 1. 2 on the s p 500 coming up on todays show, well discuss the massive week for the ipo market including debuts of snowflake and Unity Software with Stacey Cunningham. And Jeremy Siegel will weigh in on another volatile week third day in a row down for the s p 500. Six week lows here what he makes of the selloff lets get straight to the big stories were watching though in this final hour of trade mike santoli tracking the Market Action Steve Liesman with fresh comments and joining us to talk about the latest on tiktok and wechat and what means for tech, Big Technology mike, start us off here with a selloff in the broader market. Weve been spending a lot of time at the lower end of this recent range maybe a little too much time down there for the comfort of the bulls. This is a relatively routine pullback for now 3300 or. So we hit that a few times you go back a week w
The school, i love my team, i love everything so much. I love it altogether. It stinks that volleyball will not be part of it. Reporter jasper is one of 240 for athletes that are seeing sports vanish, the sports could become club sports. 2020 has become the worst year of my life. 100 college and universities have made cuts to athletic programs and more are likely on some of the other schools that were mentioned are back east. Today the ivy league announced that they are counseling sports in the fall. That means the football season has been postponed for harvard, yale , and princeton. There will be no earlyseason for Winter Sports like basketball and hockey. They said that they will not begin until january. There has been talk of rescheduling football for the spring. The ivy league is the First Division i sports conference to make this decision. United airlines is sending layoff warnings to half of their u. S. Employees. They said they hope to limit the layoffs by offering early retirem
Chill. No, literally. He lays out a way to keep your cool going into earnings binge next we can. Time to risk less and make more. Options action starts now. Lets get right to it a slough of Big Bank Earnings on deck goldman sachs, wells fargo, report on tuesday followed by results from bank and america and Morgan Stanley later in the week financials up more than 17 this year underperforming the Broader Market one trader betting on a bounce for one name in a report lets get into the money right now and dan what are you looking at. Regular viewers of the network probably know im not constructive on bank stocks here i do not like the way the investment banks act i dont like the way some of the Money Centers act but i like the way jp morgan acted if you have to buy a bank buy jp morgan on dips but here is the twoyear chart on jp manageren. This is routinely remoted between 119 and 10 dating back to early 2018. And its having obviously some trouble there. That being said its the only major
Next week. Time to risk less and make more. Options action starts now. Lets get right to it a slough of Big Bank Earnings on deck goldman sachs, wells fargo, report on tuesday followed by results from bank of america and Morgan Stanley later in the week financials up more than 17 this year underperforming the Broader Market one trader betting on a bounce for one name in a report lets get into the money right now and dan what are you looking at. Regular viewers of the network probably know im not constructive on bank stocks here i do not like the way the investment banks act i dont like the way some of the Money Centers act but i like the way jp morgan acted if you have to buy a bank buy jp morgan on dips but here is the twoyear chart on jp morgan this is routinely rejected between 119 and 10 dating back to early 2018. And its having obviously some trouble there. That being said its the only major bank on the planet making a new high since the financial crisis and its obviously best of
From jackson hole. At 8 30, we get u. S. Weekly initial jobless claims. Then july existing home sales. Attention is raised join us to set the stage is matthew boesler. Janet yellen says it she is going to talk about Financial Stability. What does that mean . Matt im looking forward to what she has to say on this topic. We got a wide range of views on Financial Stability in the latest minutes of the july fomc meeting. The Financial System is so much stronger now than it was in previous expansions. We shouldnt have to worry as much about the Financial Stability because the fed has been doing its job on a regulatory front. Theres one participant in the stressed raisingmade rates gradually would be the best way to strike a balance between maintaining Financial Stability and its inflation and employment goals. Its not clear yet what is the consensus about using Interest Rates to address Financial Stability concerns or not. David that is one of the questions if you take Interest Rates and Ba