87, the s p 500 is up 10. 5 this month the russell 2000, the biggest ever month live oly outperforma small caps that sort of sets the scene for us your note today to our producers to me says everything, bryn. You say, yeah, were overbought, the market is technically ahead of itself, 200Day Moving Average but wed be buyers anyway yeah, you summed it up perfectly. I think to give some perspective around that, when youre looking at technicians or technical calls, the 200 Day Moving Average, over 90 of stocks in the s p are over their 200 Day Moving Average when that number gets above 80 , thats typically a time to take a stand back as a trader as an investor, though, as we are, you want to take a look at that and say, hey, if we get a selloff, which im sure well get because thats just the price of admission for being an equity investor, we absolutely want to be in stocks because what are your alternatives cash or bonds . And both of those offer you no yield and so we also think that next
Spread of but potentially damaging article involving joe biden son, did social media giants just hand the government razor wire to wrap them in regulation, we will look at the stocks, both political and financial, our panel of experts from the field of politics in emerging technology is here to debate this issues to the latest election year. The company you have never heard of that is working on whipping up an antibody cocktail to try to keep you safe from covid, the ceo immuno professor is here in this box business exclusive. How close is she on this, hopes and setback in the bigger race to Covid Vaccine and therapies, the nasdaq is still looking to make it four weeks in a row of gains, its up 61 points in the s p up 23 and the dow charging ahead by 273, the market youre a fox business alert, we now have the early ratings from last nights dueling townhall, democratic nominee joe biden gets the edge, the abc appearance pulled in 12. 3 Million Viewers from 9 10 00 p. M. Eastern on abc w
The nasdaq up 1 and s p 2. 7 and dow declined 86 points were about to get a set of u e unbelievably set of big numbers but frankly, its horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, Sporting Goods and lumberyards that cant compete because they were deemed essential and i fear they will never get lost customers back, not with prices big guys charge. The winner haves so many advantages over the little guy im amazed there is any competition whatsoever i feared that there wont be and thats driving me nuts i love when these big household names go higher, but i hate when the reasons they are going higher their Small Business competitors are being wiped out. A lot of these smaller outfits have been able to hold their own before covid, but now the big guys have crafted pheno
Thieves. And you know the United Russia Party has always won for 20 years and even if they lost using fraud they won anyway. The outspoken opposition figure has organized numerous anti kremlin protests has been arrested several times for civil disobedience and even attempted to get on the ballot to run for president in 2018 his bed was blocked by the courts. Has suffered physical and verbal attacks in recent is. Pressure is now growing on the German Government to stop a major project being carried out with russia the controversial gas pipeline not stream to the government has been defending it against criticism from many sides including e. U. Partners and the us but now even senior politicians from eccles own party say putin understands only one language. When its used in if not stream to complete it. Now in this situation with the poisoning at the roots that would mean that Vladimir Putin could feel 100 percent confirmed that hes destroying the right kind of politics because the west
Seeing retraction around the country. Born out nationally and philadelphia and new york, chicago. We had a private payroll report that looked pretty good on the surface. It confirms what is a slowing trend. Something in excess of 200,000 private sector jobs on average being gained each month in the latest period. A little more 120, 130,000. The pace slowing there. This is the same week we had forever 21, a big clothing retailer, following on the heels of others looking at outright bankruptcy filing or closing some stores. The pace there running 40 of where it was a yeargo. None of this means the economy is in question. The fact that by and large the fundamentals as they like to say in washington are sound. President seizing on something stuart just did, this ongoing impeachment mess is adding another wrinkle of uncertainty to markets. The who the president prefers him staying in power, than him or anyone else, Elizabeth Warren included, taking that power. We have all of this going on.