And so much more, on making money. So folks as we end the week the big investment theme is the retreat and big growth names those mega tech stocks that have been on fire for a long time, profit taking was sparked by concerns over the quality of teslas earnings, of course it came from selling those tax credits and slower cloud growth microsoft, and the smooth sailing has run into an air pocket and now these pockets though, theyve been great entry points in the past and the question now is will history repeat itself. Joining me, ubs private Wealth Management senior portfolio manager, katarina simoon it, and let me start with you, overall, the sense that we see these names and i guess investors have become accustomed to them being up every day. Why now . Why are they beginning to stumble . Im talking bigger tech names and the larger growth names. Of course, and charles, thank you for having me on the show. Well tech certainly has been an exciting sector to watch over the last couple of we
Disturbing and said it could top 100,000 cases per day. And we are preparing to close the books on what has been a rough first half of the year its included a painful, record breaking sell off followed by a fast, record setting climb back up stocks set therefore for their best quarter in decades. 59 minutes left of the session morgan, we are up a full percent on the s p 500 yeah, were watching that last day of the quarter, last day of the first day my goodness. Coming up, as we wrap up the first half of the year, were going to focus on why not work from home. Twilio stocks up in 2020 well speak with the ceo about the demand for his companys Cloud Services during the pandemic mike is tracking the Market Action kayla has the highlights from fed chair powell and secretary mnuchins testimony on capitol hill and joining us to look ahead to the second half of the year is lori but mike, lets start off with you and a look at the market this is a good illustration of the old say a iing dont sho
Be the Jewish Service of morning prayer shot in warsaws main synagogue led proudly by the chief rabbi of poland. The fact that theres a noise behind me because the people who are prayed are now having breakfast together is a sign that there is jewish life and. A resurgence of jewish life in poland for many a highly Unexpected Development earlier. This was the country that nazi germany chose as the epicenter of a systematic genocide in which 6000000 jews died across europe we dont talk a lot about auschwitz. Christmas this person has it as a gift a great gift. We desperately need the rabbi. Fundraising. I choose i said it. Might try to a Catholic Bishop is among the various public figures attending this Interfaith Service in warsaw. The host michel she trick chief rabbi of poland the answer. To that of an interfaith prayer wishing that anti semitism will finally disappear. Change doesnt happen overnight. It takes time but as long as you see youre going in the right direction it gives yo
Is betting on a breakout in one big bank for less than a buck. P its time to risk less and make more. The action begins now. We start with the transport. Sitting in correction territory and underperforming the broader markets, trade tensions and fears of a global slowdown weighing on the group. Key players like american airlines, jb hunt, and ups off double digits on twoweek highs. As fedex gears up to report earnings next week, our char master says theres more trouble brewing. He is over to break it down. Carter. It is all things cyclical down today, industrials, materials, financials, and transports semis. Anyway, lets look at the transports, and then, of course, zero in on fedex this is 2007 this is the 09 low, and this is where we are now you have the past decade lets put in some lines and put it in perspective. What we know is we have major selloffs. Obviously in the 09 plunge you get a 61 drop you have a 30 , a 31 , and we endurred a 26 drop this goaround, and we havent made a ne
To make money. Us too. Mike khouw will explain how he is betting on a breakout in one big bank for less than a buck. It is time to risk less and make more the action begins now. We start with the transport. Sitting in correction territory and underperforming the broader markets, trade tensions and fears of a global slowdown weighing on the group. Key players Like American Airline goes, jb hunt and ups off double digits on twoweek highs. As fedex gears up to report earnings neck week, our chart master says theres more trouble brewing. He is over to break it down. Carter. It is all things cyclical down today, industrials, materials, financials, and transports semis. Anyway, lets look at the transports and then, of course, zero in on fedex this is 2007 this is the 09 low, and this is where we are now you have the past decade lets put in some lines and put it in perspective. What we know is we have major selloffs. Obviously in the 09 plunge you get a 61 drop you have a 30 , a 31 , and we e