After a hideous day like today where the dow plunged 923 points and s p plunged and the nasdaq down 3. 73 would it be liberating to dump the shot shoot match and cash in your ira and take out your 401k and sell funds to preserve some cash perfectly sensible emotion sure, thats the problem emotions whether trading or investing, you cant make decisions based on your feud you want to vanish the pain, i totally get that you are probably making a mistake. Look at the tsunami of selling that we have today i may tell you to stand there and let the wave crushes you, i am simply telling you not to panic. I know from experience and i have been doing this for 40 years and i am not a calm guy. Every time i panic, it costs me money. In four decades, i can remember one moment when panic was a strategy thats why in the fall of 2008 i made a rare sale everything call at the time it was collapsing. The incredible call to get back into the stock market. 2020 is not 2008 we got a run away pandemic and ho
Bad reaction. Astrazeneca slams the brakes on a phase 3 vaccine trial after one test patient contracted an unexplained illness. Watch the vaccinemakers at the open tomorrow. The rout resumes. Asian equities post losses after more devastation for u. S. Tech investors. Slumps ses 7 but tesla by a stock record 21 in yesterdays u. S. Session. England prepares to reimpose coronavirus restrictions on the public. Starting next monday, gatherings of more than six people will be banned. Youve been warned. Just under an hour away from the start of cash equity trading in europe. Lets look at the futures picture right now after, you know, the major u. S. Equity benchmarks dropped more than 2 . The nasdaq more than 4 . Now were seeing red arrows once again for european futures. Yesterday was a down day for european stocks as well. Take a look at u. S. Future this is morning after the big drops that we experienced yesterday. Remember yesterday was the first day of trading for u. S. Stocks. They were
We layout top moves by executives buying up their own companys stock. Data you are only going to see here on Worldwide Exchange. It is friday, july 17. You are watching cnbc. Good friday morning, afternoon or evening and welcome to wherever you may be watching. We have a lot to do. Here is how your markets look. Slightly in the red but they could turn around. A very good week for your money, especially the small cap stocks. Russell 2000 are up 3 alone well see what happens today it is very early one of the big stories today is netflix with a mixed picture there. Stocks down 6. 5 the guidance worrying investors. Netflix says growth is slowing as viewers get through the initial shock of covid and also announcing that coceo officer is being promoted. Likely the main stock well talk about today. Stocks wrapping up in asia. Continued tension between u. S. And china hanging over the region early trade in europe. Investors keeping a close watch on something you might have seen on this show, w
Process and wait times for receiving loans. From the house Small Business committee, this is about two hours. I want to thank everybody for joining us. I want to know important requirements. Let me begin by standing in that test by stating that house rules will continue to apply during the proceedings. All members are reminded that they are expected to adhere to these standing rules, including decorum. With that said, the technology we are utilizing today requires us to make some small thefications to ensure that members can fully participate in these proceedings. Asing the covid period, designated by the speaker, the committee will operate in accordance with House Resolution guidancer subsequence from the rules committee in a manner that respects the rights of all members to bridges bait. To participate. Regulations require members to be visible through a video connection throughout the proceedings, so keep your cameras on. Also, if you have to participate in another proceeding, pleas
Coronavirus affects the economy with a hearing on the loan program created to help Small Businesses during the pandemic, including failures in the application process and wait times for receiving loans. From the house Small Business committee, this is about two hours. Good morning. Order. This hearing to the chair istion, authorized to declare a recess at any time. Everyone,thank especially our witness, for joining us today for our hearing. I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. Thatembers are reminded they are expected to adhere to these standing rules, including decorum. With that said, the technology we are utilizing today requires us to make some small modifications to ensure that members can fully participate in these proceedings. Period designated by the speaker, the committee will resolutioner house under subsequent guidance from the rul