Buy the cyclical stocks. On a day the market got hammered, nasdaq declining just. 06 lets remember what actually took us to these record levels in the first place because those stocks are still the best in jump you know what i am talking about. Talking about a termite coin i am talking about faang yeah, faang, facebook, apple, netflix and google these stocks gone out of style on the wall street fashion show. Smart money keeps telling me to get out of these small stocks and into the russell 2,000 they want you to forget faang and big on everything better with the vaccine there is some stocks that become a lot less attractive when the world goes back to normal. Oh, but not faang. These companies are living and breathing organisms. They are so powerful theyre not connecting to the economic win theyre in charge of their domestici desti destiny. They dont care whos in the white house. It put a target back while zuckerberg fights the government, it would be better if he didnt have to so they
Points and the s p is relatively flat weve been watching what is happening in the treasury market and we take a look now, well see the 10year yield, at this point, seems to be sitting at 0. 655 andrew, over to you. Just out in the last half hour, the Biden Campaign releasing a new jobs plan. Kayla joins us with more its 700 billion, kayla yes it is stemming from a 110page policy document that is essentially emerging of the left and moderate ring priorities inside the Democratic Party. It was produced. I the Campaign Said it will create millions of goodpaying jobs and reinforces some policy commitments as well as jot lining new programs that a Democratic Administration would push for including a 15 federal minimum wage, mandate for 12 weeks paid family leave, universal prek for 3 and 4yearolds and payment platforms for lowincome americans run by the federal reserve. Democrats say a Public Credit Reporting Agency is needed to provide transparent alternatives to the private sector. There
Higher by 35 after the s p snapped a fourday winning streak yesterday, the dow, nasdaq and s p 500 still on track for third week on gains this week, boosting the American Economy, the white house working on another round of stimulus reportedly to the tune of 1 trillion. We will talk about it. Meanwhile protestors taking to the streets for a tenth day in a row, mostly Peaceful Demonstrations happening from coast to coast as memorials are held for george floyd, clash of tech titans, elon musk is calling for the breakup of amazon. Meanwhile slack and amazon are joining forces to take on microsoft. Joining me at 8 50 eastern on powerful alliance. Getting make back to work, universal orlando opening gates to public and nba has plan to return july 31st. Mornings with maria begins right now. Global markets this morning with firmer tone, take a look at european indices right now, the cac quarante in paris is up 106, better than 2 and dax index in germany 213 points. European markets closing ou
Futures at start of trading as businesses reopen this morning, dow industrials up 350 points, 1 and a half percent. S p is up 41 and the nasdaq higher by 114, this after the dow, nasdaq and s p 50 finished down in the week despite fridays days as you can see, dow industrials were down 2 , 2 and twothirds percent, the nasdaq down better than 1 , tensions between the United States and china continue to rise, lawmakers looking to offer big incentives to move supply chains from china to america. President trump versus president obama. President trump calling predecessor incompetent as president obama says they leaders pretend to be in charge. Sports is coming back, the roar of the engines returned this weekend as checker flags dropped on nasdaq, caused drivers to hit the brakes, mornings with maria is live right now. Maria Global Markets this morning look like this, major areas of the world are reopening for business leading to gains across the world, as you can see in europe theres a stro
A gang member to be killed on his own watch. If he doesnt act toward take. Some sort of action against the shooter then he will be disciplined by his own gang so. In this scenario that particular crips gang member. Carries out the murder against the great street gang member who provided the gun to the transit and its all caught on video. This is inside jordan downs its midday and you can see theres about 10 to 15 gang members loading the parking lot. Just going about their daily business. Ok heres the group here of the game members several of them loading you going to see the victim of the shooting come running. To this area with the suspect shooting behind them. Here you can see all the gay members scatter. And they kind of hang around. Because they know its going to be a great street on great street or whos disciplining another member so they sit. Around and watch where you sit was all right looking all of them with one out of the way because theyd all be intended targets here the su