Well have a live report on that. President obama says Americans Care more about cheap gas than they do from the environment. Well hear from steve moore, whether this was a cheap shot. All that and a lot more on making money. Stay tuned. David its a huge market day. Nasdaq hitting alltime highs once again today after surging more than 10 last month. Vaccine hopes stronger than expected Economic Data and rumblings on capitol hill of a bipartisan covid relief bill are boosting market optimism. Joining me two markets experts to break it all down for us. Bellpointe chief strategist, david nelson. Great to see david again. And nicole webb. Let me start with the big picture. We didnt mention the fed announced, frankly nothing moves market more than free money. They said essentially there will be a lot more free money as long as they dont see any signs of inflation, the money printing will go on ad infinitum to pay all the bills but we still have a fear in the market of a more antibusiness, at
Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu
Michael oleary has to say about that and new numbers from the change Research Survey on the american electorate right now. It is tuesday, november 24th, and this issed Worldwide Exchange right here on cnbc god bless you please mrs. Robinson Heaven Holding a place for those who pray hey hey hey good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Maybe i should say whenever in the world given the time zones im Brian Sullivan it is looking like another strong day for stocks. Futures are up big, do y dow fus up 275, nasdaq up 47 obviously the market has a lot of momentum and new money coming in behind it you have more vaccine you news, it will tend do that when you are talking about saving humanity and on top of the vaccine maker, watch shares muof regeneron, th government starting to distribute its antibody treatment to american hospitals today starting with more than 30,000 courses very good news as hospitalizations in many states
To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig