Us into your home. Big news day. Thank you. Welcome to The Beat. We are tracking the story which is disgusting. We have braeging news on this federal case against Donald Trump which he is still slated to go on trial for. This is a newly unsealed 165page filing. This is from Jack Smith. The reason its a big deal, we knew there was a trial coming slated for after the election. We knew smith had narrowed aspects of this case in response to the supreme Court Ruling on immunity but what we didnt know is the new evidence against defendant trump. There are still some redactions in this for various reasons but there is new information in the filing at the kind of Top End of valuable information that we knew existed but did not have until today are those secret, private conversation that is occurred between then President Trump and Mike Pence. So we have new evidence about their secret meetings. All of which were at the behest of Donald Trump and some of which we knew but are learning more deta
Week. Lets get to some of the conversations you might have missed. Lets talk about the debate. In your latest piece you write quote, the most important thing i saw Kamala Harris who was pre blocking, not debunking, was waiting for someone to lie, and hit back with the truth. It is not working politics as much as you would hope it would in saturated lies, but free bunking is explain to people how they are being, or better yet will be related, what the motive is, how the con works, how the lie will be crafted and will function, and for extra credit, who benefits from it and how. In the age of trump, too any of his appointments have been debunked and no prebunked. And she said it at the outset, she said, let me say, you will hear a whole bunch of lies. And as he rolled them out, she explained why they were lies. We have talked about one of the most interesting stories about the ascension of Kamala Harris at the top of this ticket is that she has brought with her a lot of new thinking that
And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side as well. This is what i mean when i say the goldie locks
Of play for stocks as we build into our discussion. Youve got dr. Birx on the task force. The covid surge, quote, the worst event the country will face coming this winter. Stocks have run a lot coming into november. The vaccine is getting closer day by day values been outperforming lately the value etf coming off its fifth positive week in a row thats the First Time Since its fiveweek stretch ending the end of december of 2019. So my question to you to start things off, where do we go from here it seems like the market wants to go higher i think its been incredible all year it seems to definitely be picking up steam in november and pt fir the first part of december, investors are leap frogging, the political discord in washington, the lack of fiscal stimulus and leap frogging that and buying stocks in general and buying growth stocks, buying momentum stocks, buying value stocks, airline, energy, all of the above. It a really good time to reflect as investors, you got to be in it to win
Together in a big stimulus deal. Dont lose track on betting of georgia runoff elections, very important. Trump attorney Rudy Giuliani is in the hospital after testing positive for coronavirus but the fight against election cause continues. Well get the very latest from trump attorney jenna ellis. All that and so much more on making money. Charles well, before i get started, rather, i i want to gie a shoutout and thank you very much to my friend david asman who rocked the house last week when i was out. It seems like a quiet start to the week. Tell you folks there is fireworks underneath the surface a string of highprofile ipos will make their debut including doordash and airbnb later in the week of the question on everyones mind should they chase them out of the gate . No one has a way to play this. Other than the fool theory, if someone doesnt buy it, i will buy it. How do we go about this . Here to hash it out, new constructs ceo david treanor. David, price range of 56 to the 60. Thi