Ive ever made Donald Trumps 46 minute outburst the u. S. President repeats unsubstantiated claims of forward in an election he lost after nearly 2 decades of war a breakthrough in peace talks between the taliban and the Afghan Government. And one step short of famine the u. N. Ones of a looming food crisis for thousands of people in bikini. Starting in the United States the country hardest hit by the corona virus and in the past 24 hours more than 2700 americans have died from cove it 19 the highest daily death toll since april for the 1st time hospital admissions also topped 100000 in the u. S. And 200000 new cases reported another record and leads to the head of the u. S. A centers for Disease Control warning that by february another 200000 people could be dead from the virus. So were in that range potentially now. To see if 100 to 2000 to 2500. From this farm so you know the mortality concerns are real. And i do think unfortunately before we see february we could be close to form 50
In some cases they have gone down. And dont forget about energy prizes. Api reported u. S. Oil stock piles surged by 13 Million Barrels this past week. Well be getting official data on inventories from the energy administration. The dow was down close to 300 points. This morning youre seeing a very modest rebound. Dow futures up by about 14 points, s p by 7 and nasdaq by 46. Lets get you through a flood of stocks to watch this morning. Lets start with apple posting the largest profit in corporate history ever to the tune of 18 billion. The results blowing away even the most bullish estimates though i did see some worries. What do you think the dependence on the iphone. Too dependent on the iphone. I think id take the other side of that trade. You can depend on something not selling nearly as well. I would put all my efforts on something that barely sells instead of something that sells so much. Im glad its apple earning 18 billion because when exxon earned 10 billion people didnt like
Our elected leaders jo to be immune of the inside the beltway wars . And how much of a weakness weve seen, including today . Its breakdown day. Dropped. Nasdaq, replaced at the feet of the bears in the white house in the gavel. First, lets establish whats happening. We know the fed lowered the boom on the short sellers telling them to be careful because bernanke is still a lover of bonds. If you were selling bonds. Short. Expect them to go lower. Many work. You have the mean whama jama upside the head. A technical term. Theres one problem. This market thinks see xentially and obsesses about the next big, bad event right after the one has been solved. So we obsessed about the fed. It occurred. Like it never happened. Even though it was a positive. Why . Because weve been obsessed about the next series. The budget wrangling. Obsessed about the debt ceiling, Affordable Care act. Whats secrets they come up for us down there in the capitol. I remember when asked if i were bullish going into
Is it possible to ensure yourself against the insanity of our elected leaders jo to be immune of the inside the beltway wars . And how much of a weakness weve seen, including today . Its breakdown day. Dropped. Nasdaq, replaced at the feet of the bears in the white house in the gavel. First, lets establish whats happening. We know the fed lowered the boom on the short sellers telling them to be careful because bernanke is still a lover of bonds. If you were selling bonds. Short. Expect them to go lower. Many work. You have the mean whama jama upside the head. A technical term. Theres one problem. This market thinks see xentially and obsesses about the next big, bad event right after the one has been solved. So we obsessed about the fed. It occurred. Like it never happened. Even though it was a positive. Why . Because weve been obsessed about the next series. The budget wrangling. Obsessed about the debt ceiling, Affordable Care act. Whats secrets they come up for us down there in the c