Great to have you with us ahead of the Labor Day Weekend the final trading day of august, another volatile one, between gains and losses, the dow had been higher earlier in the session, but right now we are just barely higher by 14 points, s p and nasdaq has turned negative this is the second losing month of 2019. Investors got more defensive, utilities, real estate, consumer staples, the only sect aro finances down 5 , energy down eight. So the question going into september is do you stick with what is working . And implicit in that question is, do you remain defensive going into what has historically been a very tough month for the markets . It has been a tough month you look at it and say its probably going to be volume tiff were going to see more responses on trade from china. What im doing is, yeah, probably more defensive in my style, which is to look for Companies Generating good cash flows. How do do i know theyre returning it to me dividends, maybe theyre increasing dividends,
The republican congressman in question has been raked over the coals as to what republicans are doing. Are they taking this thing apart . What we do know at this point, it is in the senates hands. The senate will take its sweet time on this there is no rush for this. The markets interpret that to mean, all right, fine, to come up with something even though you start from scratch, so be it. But it could delay the tax cut thing. Many, many times, delay in the tax cut is something that could be a problem because if it is pushed into next year, guess what . Growing talk it will be difficult in middle after Midterm Election year, and Midterm Election year, republicans could, potentially lose. Fascinating report that the cook report has uncanny track record on this stuff, more than likely ne year, republicans lose the house. Now you might say, wait a minute it, would take 24 swapped seats to dot that . It has happened in the past. Weve seen it multiple times. In fact every decade there is a
Of tornadoes and isolated tornadoes may be a problem this afternoon evening so well be watching as we go to the day temp is climbing up to about seventy one so very spring like with temperatures but with spring like temperatures come those spring like storms. Ashley you have a look now at portsmouth any problem out there. Well this part of portsmouth actually moving pretty well craig a close eye on to sixty four less full screen this is you can see the full Traffic Network map here to take a look into sixty four in portsmouth thats why we get that now again im just keeping an eye on things making sure nothing unusual pops up. Heres to sixty four teeth and victory boulevard eastbound traffic headed there toward the downtown tunnel westbound making its way towards our skills we do a pretty good right now on that side of the downtown tunnel to the bowers still love him back to the mass the only minor delay im watching is five sixty four westbound slow right down here way by the ids change