Conversation in just a minute. Ill take you to the wall. We are focused today on this big pullback for tech. Nasdaq remains under pressure by more than 1 farmer jim, are we witnessing a socalled transition trade right before our eyes, from growth to value and does it have staying power . I think we are, scott i know its dangerous to say this type its different with regards to the rotation, but lets also realize this rotation was occurring before the announcement of the vaccine. All had you to do was look at the industrials and material to give you that clue now theres a very fundamental reason to support the continuing rotation into the cyclicals, into the industrials, even into the financials, which have been left fordead but are coming back it ju its just as simple as there is a path to normalcy ahead of us heres the one qualification i want to make if youre looking at yesterdays rally and saying, shucks, i missed, it relax unfortunately there is terrible news coming on the virus sco
He boosted his ear and forecast by 24 , writing a fall in erp, adjusted risk premiums will be offset by a rise in bond yields. The combination will boost the end,o already 600 by years 3800 in 12 months time. This represents a significant increase driven by valuation. What do the technicals have to say about that . Joining me now is katie stockton, founder of fairlead strategies. Off of the highs now. What does that tell you about the next direction . Is flirting with that resistance. The level im watching is 3394, the intraday high from february. For a breakout to be decisive, we need to see a couple of closeouts above that level. Highs onct new positive shortterm momentum but also looking for momentum to falter before the end of the month. You have some overextended readings in some of , alsoternal measures sentiment. Basedrcentage of stocks on their 50day moving averages reaching levels often associated with pullbacks in the s p 500. At the same time, sentiment reaching exceedingly
Good morning. I called a meeting on appropriations to order. Before we begin, house rules require me to remind you we have set up an email address to which members can send anything they wish to submit in writing at any of our hearings or markups. The email address has been provided to your staff. First, consideration of the interior environment appropriations bill, fiscal year 2021. I will now recognize ms. Mccowan to present the bill. Good morning. I want to thank Ranking Member, for his strong collaboration of partnership throughout this entire process. He has been a great partner from the great lakes and a little geography being social studies teacher, he borders with the great state of ohio, lake erie and in minnesota, we border on lake superior. Id like to thank all members of our subcommittee for all contributions and especially the way in which continue our tradition of nonpartisan work, to Work Together on issues that affect Indian Country. Im also grateful for the leadership
A Natural Resources in the mediterranean. And illegal secret deals bogus lab data and cheap imports just the investigates corruption at iraqi agriculture. Thousands of mourners a brave long lines intense heat and the pandemic to pay their respects to george floyd in houston the city where he grew up in the past few minutes his coffin is arrived at the fountain of praise church in houston where mourners have gathered to pay their final respects the funeral due to get under way in around 2 hours from now george floyd was killed just over 2 weeks ago when a Police Officer knelt on his neck during an arrest aljazeera is john hendren is in houston. George floyds final journey brought him to his childhood home. This is my way of speaking out just by being present i would like to know how thats going to the top of my lungs because i know so many black like a speaker every black man but for every one that i know someone has a friend a Family Member or a relative someone that from Police Brutal
I had had to shake his hand and for us it was very poignant last year my dads way when we often called morning to see he was a break to pass and my sister and her family and myself were able to feast with them. Im literally 0 goodbyes to them and as my sister and her family myself were talking we could see without breaching his hands at the same of us beds for our hero he raised in 4 people with her blue gloves on and it was a really great moment because touch was such a reassuring the increment and we werent there the whole my dads hand you know we were denied opportunity to be with him just in his final hours and when we think of the most vulnerable in our society you know our Elderly Population some places theres theres been cases where with people with disabilities and they dont have this embrace that will again and again with them and they are into these homes you cared for to be protected. And this is not happened it was found almost all of the residents and 29. 00 stars in the h