Its a mixed day stocks reacting to the vaccine news josh, it seems funny to ask the question about tech on a day i showed you the index is having a nice bounce back day since that index hit its high on monday, 13th it hasnt traded all that well what do you make of that well, were working on josh browns mike maybe he did that on purpose since its my first day back joe, do you want to take that same question . There we go. I was going to say this is going well so far. What i said was first of all, welcome back technology can you hear me i can hear you. Amazon was down 12. 7 . Amazon was down that its 1999 all over again understand that 1999, once the names like microsoft rolled over, they were in a multi year decline where technology under performed. Thats not the case well be witnessing right now lit be a pause that refreshes. The fundamentals are strong for Technology Technology is the economy and there you go today, youve got amazon recovering 6 of the 12. 7 decline it witnessed last
Everyone. Welcome to the atlanta gateway. 96 gateways that we operate across america and as you know, atlanta is the u. P. S. , so s for were honored to be hosting todays meeting with mr. President. Welcome to u. P. S. I would also like to give a warm welcome to secretary chow and secretary purdue, and, of and all overnor kemp, of the state and federal legislators and delegates who us today. Ith please give them a warm welcome. [applause] [applause] u. P. S. Is a company of almost 500,000 dedicated employees. We deliver packages in more than territories. S and ur u. P. S. Automobiles, our package cars put on nearly four billion miles every year. Thats billion with a b. Operate the ninth Largest Airline in the world. U. P. S. Ers deliver andntial goods to americans people across the world. Were honored to do that. Couldnt do that if we didnt have infrastructure. Ability to serve our customers, our ability to our ability to run an environmental responsible company, it wouldnt be possible
Thank you, and good everyone. Welcome to the atlanta gateway. 96 gateways that we operate across america and as you know, atlanta is the u. P. S. , so s for were honored to be hosting todays meeting with mr. President. Welcome to u. P. S. I would also like to give a warm welcome to secretary chow and secretary purdue, and, of and all overnor kemp, of the state and federal legislators and delegates who us today. Ith please give them a warm welcome. [applause] [applause] u. P. S. Is a company of almost 500,000 dedicated employees. We deliver packages in more than territories. S and ur u. P. S. Automobiles, our package cars put on nearly four billion miles every year. Thats billion with a b. Operate the ninth Largest Airline in the world. U. P. S. Ers deliver andntial goods to americans people across the world. Were honored to do that. Couldnt do that if we didnt have infrastructure. Ability to serve our customers, our ability to our ability to run an environmental responsible company, it
Pres. Trump it is an honor to be with everybody. There is no place like the white house. For those of you that this is the first time, i know exactly what you are thinking because i was here the first time and it is still something i will never forget. Welcomeleased to everyone to this place to discuss the vital importance of the safety and reopening the schools. Everybody wants it. The kids want it. It is time to do it. Our mortality rate is at a level that people do not talk about, but it is down tenfold. Deaths, they are way down from this horrible china virus. It is a disgrace that it happened, but it did. The economy is coming back and coming back strongly. Jobs are setting records. Recordths ago they set a and again, almost 5 million new jobs, which is a record. It broke our last record of a month before. Muchumbers are happening sooner than anticipated. Nasdaq hit another record today. A small amounte below what they were a very small amount below what they were. It is incredibl
Down again that reopening trade getting slammed. You can see that in the airlines there all taking a hit today later, check out this ride shares of avis budget, up 300 from the march lows. Getting a boost in the red hot used car market. The ceo will join us power lunch starts right now thanks energy and financials are leading the declines today they are down way more than that stall worth technology sector. Bob has more on this Early Morning reversal same story. Teches still out performing energy, financial, other cyclicals. Not a good start to earnings season big miss on earnings and very poor guidance. Walgreens has not been a good stock. Thats real problem. I think they may be basicing market mentality banks same story Huntington Bank was 5 goes to 12 its back to 8 again. Its an invertsed v. Whats moving the market theres five things. Is the reopening going well or not. Lets call it bumpy. Is stimulus coming maybe theres less good news on treatment advancing. Thats good news elsewhe