The committee in a manner that respects the rights of all members to participate. We require members to be visible through a connection throughout the proceedings, so please keep your cameras on and if you have to participate in another proceeding please access this one and then log back on later. In the event we encounter ttechnical issues i will move to the next available member of the same party and recognize that member at the next appropriate timeslots provided they have returned to the proceedings. Should the time be encrypted by technical issues i will recognize that member of the next appropriate spot for the remainder of their time. I will preserve their time has staff address is a technical issue. I may need time to provide this time to reconnect and hopefully we dont have any of those issues. Member to remain on you until you are recognized to minimize that counts the ways and in accordance with the rules under 965, staff have been advised only in the event is an inadvertent
Or is Something Else to play. We will get into it but as i can see the major indexes down in the nasdaq up 3 . Following reports of the november surprise on a vaccine bio pharmacy ceo pledged to take the over speed when it comes to treatment. Tesla feeling a little dented this morning after getting snubbed by the s p 500 despite four straight quarters of profit the benchmark index says no thank you very much, we will discuss the implications of that. In Washington Congress returns as a stimulus stalemate continues, white house chief of staff mark meadows kelli Maria Bartiromo in the last hour he thinks the deal will get done and soon. We are 56 days away from the election for the battle of the swing state and definitely heating up. President trump touting a rebounding economy as a hits florida and North Carolina today and we will see him leave later this morning. The president is threatening to cut ties with china and issues of stock morning if joe biden wins. And how about this, the h
Morning depending on where youre at in the country right now and i want to make sure to note some important requirements as we conduct this official remote hearing. Let me begin by just saying they standing house and Committee Rules and practice will continue to apply during remote proceedings. So all members are reminded they are expected to adhere to the standing rules including the corum took with that said during committee will operate in accordance to h. Res. 965 and the subsequent guidance from the World Committee and the manner that respects the rights of all members to participate. House regular shows require to be visible through a video connection throughout the preceding. Please keep your cameras on and also got to participate in another proceeding please exit this one and then log back on later. In the event member interest technical issues that prevents them from a recognized for the questioning i will move to the next available member of the same party and i will recogniz
The nasdaq up 1 and s p 2. 7 and dow declined 86 points were about to get a set of u e unbelievably set of big numbers but frankly, its horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, Sporting Goods and lumberyards that cant compete because they were deemed essential and i fear they will never get lost customers back, not with prices big guys charge. The winner haves so many advantages over the little guy im amazed there is any competition whatsoever i feared that there wont be and thats driving me nuts i love when these big household names go higher, but i hate when the reasons they are going higher their Small Business competitors are being wiped out. A lot of these smaller outfits have been able to hold their own before covid, but now the big guys have crafted pheno
Tweet earlier in the hour does suggest that you think these retailers are prepping us for numbers that are going to be tough to replicate. Yeah, i think that they have to, carl they all know that america was flush from the 1,200 check and they also know there is a lot of stay at home people trying to make their homes into an office and a home, and that thats largely passed now, that doesnt mean that you shouldnt buy these stocks because that money went to these essential retailers and now theyre stronger than ever, but i know that if you are if you are at walmart it does not pay to say this is going to continue same thing with home depot i say you wait, let them come down and recognize that these are just so good that you want to be in them. Particularly, say, if a lowes comes down, thats kind of attractive, they report tomorrow look, these are remarkable companies, but they are also given as remarkable companies are to humility and to a respect to the individual investor they dont wan