Yeah, look, we saw the market rally and the vibs rally earlier this week. Just a terrible sign the 6 0 the vix the vix is the gauge, supposed to go in opposite direction. And spear downturns. That said, over bought as we are, its actually good. I went back to 1985 when you have periods where you are as overboard as we were, you tend to have 3 corrections and no more so lets have the 3 correction. Lets watch out for the stocks trading. David portnoy, the most important force i believe in the market by gunning the cruise ships and in gunning the airlines oil. At least his cohort was doing so watching the robin hood margin features again, this is wa we have to do. If we think the market is run by people who trade through Goldman Sachs were fools. The people active, the people trading retail, trading cruise, airline. Trading low price oils its fun for them and great. A lot use big margin calls that are coming, but the market became fun now, the reality is, and david, you know this market w
Last week, i warned you. Didnt think it wouldlast. More bad news about the pandemic and we would get slammed again thats what happened today dow plummeting 900 points, s p plunging 1. 4 . Nasdaq also nose diving, 1. 4 . Last night the president gave us pretty down beat, realistic forecast for covid19 fatalities if youve been following the experts and a potential death toll in the hundreds of thousands, might not have surprised you. But for a lot of investors it was a rude awakening i cant blame anyone for selling after that miserable First Quarter with very little good news on any front in the battle against covid. Lets be real. This market is an incredibly leaky ship if youve been laid off, having health problems, your family is hurting, supporting a loved one out of work, youre most likely going to have to sell stocks to get through this period. People need cash you cant fight that kind of selling. Thats what were seeing so why not simply dump everything, flee, maybe head for the hil
Thank you for and drop inviting us to this conversation. Weve been around for about 19 months. We have three areas of focus. First of all we run the only full topic fund focus specifically on jewish people of color. We are interested in funding Leadership Development grassroots building and knowledge making. Developing kind of new ideas and concepts in organizations. Leadership organizations for the Jewish Community. Advocating for those of color. The second thing we had the privilege of doing is conducting research for the entire National Jewish community system. So in the last 18 months we conducted a study called consistencies with stanford university. Is a demographic analysis of the United States. And the third thing we do is education the community. Is such a privilege. We get to work with fellowships and Leadership Teams and boards. With influencers in the ecosystem and theres an idea of helping to understand theres a Multiracial Community becoming even more multiracial. So we n
Good evening, ill julie haener. And im frank somerville. He was a Television News reporter, but today, he made news for all the wrong reasons. A graduate of bay area state, fired by a television station in roanoke, virginia two years ago. Today he emerged from the shadows and ambushed two former colleagues, as they were carrying out an interview on live television. Were going to begin our coverage, not by talking about the gunman, but by talking about the victims. Reporter three victims were shot, frank. The reporter, the photographer, both killed, and the woman that they were interviewing is in the hospital tonight. Alison parker was doing her job. A routine interview on tourism. Her friend and colleague photographer adam ward was behind the camera. A team who worked closely together, rising stars at wdbj and then as viewers watched on live tv, the gunfire began coworkers, shocked, in horror watched it all. The station general manager later delivered the news. We have determined throu
At the white house feels that the only way they can get a bill is to go along with this. Reasonuld be the only they would sign such a bill that would weaken a critical component of Financial System reform. The senate could pass the bill as soon as today or over the weekend. He price of oil keeps plunging oil closed below 60 per barrel yesterday, for the First Time Since july, 2009, when prices as 58. 80. Ow iaea says supply from nonopec producers will be bigger. Opec decided against reducing out what reducing output. The director of the cia aced the media cia faced the media to answer questions about the torture report. He said it is unknowable whether Harsh Interrogation Tactics produced results. The Previous Administration faced agonizing choices about how to pursue al qaeda and prevent additional terrorist attacks against our country, while facing our fears of other attacks and preventing other catastrophic loss of life. There were no easy answers. Was his first public appearance si