And green for mostly the russell 2000 and ousting of speaker Kevin Mccarthy in the rear view, the bulls are holding on to the green by a gossamer thread and spiking bond yields barely retreated and point gain for the dow of nine measly points. Earlier gains of a gain of about 130 points and weve not come close to erasing tuesdays 430 point loss. Buyers of blue chips emerged earlier but since lost a bit of steam here. What is working kicking off the final hour of trade. To the dow heat map, theres amgen, microsoft, walmart, sales force, visa and nike in the lead. La guards are chevron laggards are chevron, walgreens, boots, 3m and not one sector getting slammed or jumping. S p up 18 points but yesterday it lost 58 points and nasdaq recovering, lets call it about 133 points of the 248 point route just 24 hours ago. Tech stocks tend to dot worst when bond yields sore those yields spiked on stronger than expected august jobs or jolt jobs opening and labor reports and thats got investors be
So, so good. But there is a downward bias in how many investors approach this market and i think its kept people out of lots and lots of good stocks. Sadly no matter what i say, this pius will probably increase. Now that january is behind us, february is ahead. Sop declining. 6 . What do i really mean by a downward bias . Im talking about a market that plummets at the opening off of the weak germany yeah, germany. And then snaps back when investors recognize how silly that correlation again im talking about the notion that a slowdown lurks around every corner, as people thought would be the case with apple tonight, or that pricing is going to get worse a fret about alphabet or demand is about to taper off. The whisper that drove down the stock of amazon in late afternoon. Do you know that none of these happened to be the case. None of them with only alphabet giving you cause. I think so many supposed experts and analysts keep giving you second rate or even just plain wrong information.
He is trying to present himself as advocating for the American Worker and the everyday man. Likenk that he does not this deal because it sends jobs overseas, he is trying to appeal to the electorate. You have republicans and democrats both for and against on both sides of the aisle. How do you account for that . You have different areas of the country they feel differently. If they elect a republican, that republican made before trade. Youre looking at industrial states like pennsylvania and ohio. And then you may have some port cities or washington and oregon that are dependent on exports and trade. It is not so much the partisan politics of the state that the geographic importance. A trade reporter for political. Thank you for being here. Supreme ars after after a Supreme Court ruling, courts across the country have struck down state laws and saying they discriminate against specific sets of voters. Aturday night, we look Voting Rights and the impact on the 2016 election. We will fea
Necessary. Here is what the president ial candidates have to say. Mr. Trump all of this voter id a lot of places are not going to have voter id. What does that mean . You keep walking in and voting . Happeningn what is is a sweeping effort to disempower and disenfranchise people,f color, poor and young people from one end of our country to the other. Issue spotlight on Voting Rights saturday at 8 p. M. Eastern on cspan and cspan. Org. After the recent hacking of emails at the dnc, Bloomberg News writes another set of emails were compromised. This time for the Democratic Congressional campaign committee. 2. 0eone called guccifer released emails from staff. Nancy pelosi sent a letter to members and their staff warning them of the situation. Readsader the letter in part i have received scores of obscene and mostly sick calls. I enjoy my phone number and i advise you to do so as well. This is a sad course of events, not only for us, but more. Mportant for our country the most recent hackin
Dow plunging 252 points. Nasdaq nose diving. One of the worst days of 2015. Why dont we use todays session as a teaching school, how sometimes it simply pays to sit on your hands and watch things unfold until they get less insane. Thats always been my view on days like today. When the sun came up, it looked like the stock market would make back some of its losses. First, we didnt know the cause of the shootings in california. We would just once again wake up to the sadness of a mindless, tragic incident and lament the trauma. There were no other incidents, a la paris, where there were multiple ones. It was hoped this was not part of a coordinated terror attack. That emboldened buyers. To them it looked like a rebound was in the cards. You could argue we live in a terrible hurt when people take heart that San Bernadino wasnt part of a larger mass attack. The market opened higher before we knew about a terrorist connection. We felt better because a European Central banker who was famous