Dead flat to start the morning but you never know, of course, where it is going to end up and thats why you have to watch every minute. I promise. Take a look at this. The nasdaq in record territory, fueled of course by big tech and for those of you who wonder why we talk about these stocks so much, here is why. They are all going to open at record highs, starting with amazon. Today will make six days in a row that it has hit an alltime high. Apple at 384 bucks, that stock up 40 in a month. Microsoft, 215. That stock is up 25 in a month. Facebook also continues to surge, despite an ad boycott and negative pushback from civil rights groups. Netflix, clear lockdown winner and its been said on this program that we are indeed entering the golden age of streaming. We will talk about all of these stocks and more, tech winners throughout the program. They are remarkable. Its going to be a big day at the Supreme Court. It is the last day of the term and a decision on whether to release the pre
Markets under pressure this morning to the tune of 100, 74 points lower, nasdaq is up 7 points. S p 501 just down a 500 just a point. House democrats passing Police Reform bill but not expected to make it to President Trumps desk. A bill bruised in the senate to allow autonomous zones as the president prepares to sign off on order to protect monuments. Unanimously passing sanctions in country in reaction to restrictions of hong kongs freedoms. 2020 race, new polls show joe biden leading in key battleground states. Mornings with maria is live right now. Maria Global Markets this morning. Cac quarante up 77 and dax index in germany 115 points. European central bank kristin lagard said the worst of the coronavirus is still behind him but concern of a second wave to come potentially. In ash overnight, markets were mixed, markets in china remain close for holiday. Asian economies head to worst quarter since 2008 in the financial crisis. Kospi was up 1 , and japan nikkei average up better th
Chips made by their own engineers. Apple integrating hardware and software together is what makes our bankrupt so great. Having a world dallas silicon design team is a game changer. For apple, analysts say the transition should be a significant benefitbecause it gives the company that much more control over its hardware and it should translate to improved performance and performance. There is a broader insurgency because there are rivalries. Josh, that is a great set up today to bring in our next guest. Talking about apple, google ad revenue, good morning, dick, good to sue yee you how are you . Good, how are you good. Apple, it is amazing we didnt get any grand announcements, but the platform gets more vertical and stickier and i guess that is leading to the alltime highs. What do you think . Yeah, the hardware news was surprising to me i think it is worse news for intel than it is good news for apple. It was just surprising when people are trying to focus more on their Core Competenc
This is 19yearold. Thats my son. You know. I love him. That was my son. You know. Charles emotional father speaks out about the loss of his son as the experiment in anarchy was terribly wrong. We have a big show for you today on making money. Charles all right, folks. Stocking jumping big time after a monster record breaking june jobs report. Get this, 4. 8 million jobs added drooping unemployment level to 11 . President trump commenting on one of the highlights in todays report i would like to focus on, manufacturing. Manufacturing looks like it is ready to take off at a level it has never been before. A lot of that has to do with trade policy were bringing manufacturing back to our country. He is taking a long time to get going and theyre now going. So these are historic numbers. Im really happy when i see 356,000 manufacturing jobs. That is just a small number compared to what it will be soon compared to our great trade deals. Charles lets bring in Fitzgerald Group principle, keith
Yeah, look, we saw the market rally and the vibs rally earlier this week. Just a terrible sign the 6 0 the vix the vix is the gauge, supposed to go in opposite direction. And spear downturns. That said, over bought as we are, its actually good. I went back to 1985 when you have periods where you are as overboard as we were, you tend to have 3 corrections and no more so lets have the 3 correction. Lets watch out for the stocks trading. David portnoy, the most important force i believe in the market by gunning the cruise ships and in gunning the airlines oil. At least his cohort was doing so watching the robin hood margin features again, this is wa we have to do. If we think the market is run by people who trade through Goldman Sachs were fools. The people active, the people trading retail, trading cruise, airline. Trading low price oils its fun for them and great. A lot use big margin calls that are coming, but the market became fun now, the reality is, and david, you know this market w