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Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks ive been through the banks and i know dave and i talk about this all the time, they are incredibly complex beasts, they are not like, oh, tesla, hot and when i first went over them i thought they looked pretty good but already theyre reversing. This is not an uncommon pattern as people find one line or two line that they dont like and then they sell these stocks. David, its happening once again. You know that these banks could have had litter ....
More than a 1000 toward Virus Testing kits are on their way to california our Capitol Bureau reporter Ashley Zavala has the update. Hundreds of coronaVirus Testing kits are heading to california as the Officials Say thousands are still under surveillance for the coronavirus the department of Public Health friday said it set to receive an immediate shipment of up to 1200 kits this comes as california used up most if not all of the 200 testing kits the cdc had initially said the state before the federal government promised to send more page and make sure there are plenty of the test kits available california congressman ami bera lead a hearing with the director o ....
Deal reshaping the storied Investment Bank, Morgan StanleyCeo James Gorman will join us in the next hour. A mega merger, increases the projection of expenses saved and the guidance which well get into, as well. Giving up control of victorias secret selling a 55 stake to siycamore and stepping down. Well start with the deal of the day. Morgan stanley agreeing to acquire etrade valued at 13 billion. 58. 74 a share three months after schwab and Td Ameritrade announced a merger deal a lot of discussion of why not robin hood an enwhat it means for the sort of the framing of their Wealth Management business, jim. It is kind of amazing about 5 million accounts, maybe more robin hood with 10 million accounts in n ....