Points the nasdaq dipped only. 1 some of these patterns are so pronounced algorithm buying all sorts of stocks i have never been a huge fan of these algorithm. There are plenty of patterns that are visible to the inconsistent eyes. On most days you can spot them before the machines do when you see them, you have to pounce let me give you some examples. Lets start with apple for years you can speak along with me. I am telling you to own it, dont trade it today was a perfect example of what i am talking about. This is a fantastic company and cheap stock. There is no need to get cute there are some days you can buy apple at a lower level days like today, apple unveiled their new iphone the experts described it and they used the most damming words in the english language, incremental. That makes it sounds like nothing special. Thats what they says about nearly every new iphone for years. What happens when theyre in the stores and people buy them i got the special apple. I got to tell you.
But you have to think of where we were and even with todays selloff, it is not really affecting all sectors. In fact more than half are still up. The fact of the matter technology, we just cant seem to pause even for a nanosecond, continues to advance. Well go over all of that, including things that could be weighing on stocks, including some extended shutdowns and restrictions everywhere from texas right now, what is going on in florida as well. Then there is hope on the virus front. That of course is something that is not seen all the time here but on the vaccine, more to the point of the virus, we keep track of this thing. There are about nine premier offerings or combinations being touted by various governments or biotech concerns of that, that are promising everything from an antiagain, quickly can tell you whether you have the virus in matter of minutes all the way up to vaccines potential curse that could be available soon as end of this year. The u. S. Investing a princely sum
We welcome your comments by text , 202 7488003. Tell us your name and where you are from. Wj. Twitter we are cspan maryland was one of the first states to impose tight restrictions. The latest from the Washington Times, saying they will ease restrictions and prepare to reopen maryland. The governor eased coronavirus restrictions wednesday to allow residents to participate in some outdoor act to videos and resume elective medical procedures. They closed Public Schools for the rest of the academic year. Residents may participate in golfing, fishing, boating, tennis, camping, and other outdoor activities. He added that local governments can exercise flexibility in reopening playgrounds and parks. That is from the Washington Times. An Washington Post published oped, an opinion piece by five republican governors who kept their states open. Five republican governors, our states stayed open during the coronavirus, here is why our approach worked. That is the headline of the piece. The governo
Senate. Were monitoring a anomaly happened in the markets here. You heard about negative Interest Rates abroad. That is almost Standard Operating Procedure particularly if europe. We have them here, yield on one month bill, three month bill, below zero percent. You effectively paying the bank for the honor of holding your dough. It is an anomaly. It worry as lot of folks who seem to think if this become as more established trend it could be a real problem. This, sort of statistical quirk is something were following because it is just limited to really the shortest and most immediate side of the socalled yield curve. It has not hit anything north of the one year and 10year, stuff that we follow closely. But it its something that has now happened for the first time in American History but if the stock market is worried about it, again as i stress, it has a funny way of showing it. Back to capitol hill. Well be monitoring that. Also monitoring what is happening on the floor of the senate
A good number of them. Doctors and nurses are working nonstop to kill the sick. Citizens and churches are delivering meals to the needy, truckers are making the long haul, we been dealing with big stores and big chains, walmart has been fantastic in others. Theyve all been fantastic. Theyve made it easier for them to stock in terms of travel and travel restrictions, we are lifting restrictions so they can get their trucks on time. We see very few empty shelves and yet the amount of volume is unprecedented because people want to have what they have to have what they feel they have to have in their also buying and slightly smaller quantities which is good because were not going anywhere. We will be here. I want to thank all of those very Great Companies for working so well. Americans from every walk of life are coming together and thanks to the spirit of our people we will win this war. We are winning and were going to win this war. America will triumph and america will rise higher than