Of optimism into the market. Thats sending a huge swath of the markets to record highs, as president elect joe biden gets clearance from the Trump Administration to begin preliminary transition protocols. Yes, it crashed through the 30,000 ceiling but can the dow close there . Heres what you need to watch in the next call it 59 minutes with me. The dow has got to be up 359 points for a brand new record. But were above 30,000 and that means we are up about 437, just 29 points above 30,000. So you get to do the math there. The s p has got to be up 49 points. We are at the moment up 55. No record for the nasdaq, but it did pop above 12,000 for the very first time and we are still there, 12,026. The russell, im not going to ignore it. I know you russell fans. These are the small and midcaps. Any gain is a record. The dow transports also about to close at new alltime highs. We are watching it all so closely. But as the markets say let the good times roll, there is a darker backdrop at this
The news and its hyperventilating and screeching its not really like that if you look down deeper that there is a calm ockhams razor sort of natural explanation for most stories so back in 2016 everybody was like why is trump trying to hide his tax returns well this is what the Mainstream Media the cable news who since this point of 2016 have been empowered to determine for all these ordinary people out in the rest of america what is fake and what is real news is they they are on these boards they get to sit over facebook and determine what should be deleted from ordinary joe baggett donuts who somehow is like too stupid to know what the likes of Jeffrey Zucker the head of c. N. N. Knows so heres what they said was going on back in 20161718 we have. Few headlines here of what they said at the time why trump wanted to hide his tax returns. Could toms tax returns reveal the republican president ial nominee has ties to russia done. That was july 27th 2016 heres Chuck Schumer in july of 20
Ordinary people out in the rest of america what is fake and what is real news they they are on these boards that get to sit over facebook and determine what should be deleted from ordinary joe baggett donuts who somehow is like too stupid to know what the likes of Jeffrey Zucker the head of c. N. N. Knows so heres what they said was going on back in 20161718 we have a few headlines here of what they said at the time of why trump wanted to hide his tax returns. Could toms tax returns reveal the republican president ial nominee has ties to russia done. That was july 27th 2016 heres Chuck Schumer and july 28th teen hes a Senate Minority leader he says Chuck Schumer july 28th president inexplicable behavior has Many Americans asking what does putin have over him well thats why. His tax weaker turns would be so important and then finally here is a resistance hero you know to the democratic resistance the lead the Hillary Clinton brigade of poor losers well he gets on c. N. N. And m s n b c
Ties to russia done. That was july 27th 2016 heres Chuck Schumer and july of 2018 hes a Senate Minority leader he says Chuck Schumer july 28th president inexplicable behavior has Many Americans asking what does putin have over him well thats why his tax weaker turns would be so important and then finally here is a resistance hero you know to the democratic resistance the lead the Hillary Clinton brigade of poor losers well he gets on c. N. N. And m s n b c all the time hes a professor and a lawyer his name is Seth Abramson and he said back in 2017 we know trump jr said a disproportionate amount of the trump fortune comes from russia then refused to release his tax returns oh right yeah this all. Old sack story is a lot of fun because we get to comes into our wheel house other markets finance and scandals or lack thereof and thats right the vacuum that was caused by not releasing the tax return created this need to fill it with conspiracy theories coming at the highest levels of America
Series due tomorrow, has got traders moving an moving, not looking back. It is an amazing turnaround. The nasdaq as charlie brady, our stocks editor reminding my staff is more than 2 away from highs that seem so far away. Remember that thing really carooned, careened all the way from the highs during the pandemic. The dow already in dow in positive territory, with s p gains up close to 10 . Whatever the jitters about the election, what will happen, whether it will win, a long election count, nothing seems to matter. It is buoyed by earnings optimism. The consumer optimism. The fact well all be shopping like crazy and this is telegraphing strong economic numbers to come. Who knows. Sometimes these things can get a little manic. But this is like a good manic if youre long stocks. Im neil cavuto. Youre watching coast to coast. A lot of things well pick apart the next two hours a lot of things going concurrently. The amy barrett hearings. It is following script. Democrats saying this theyr