Of americans hitting the roads and skies as the presidential nominees calf off a cap off a busy week. Former president trump barnstorming the battlegrounds as vice president harris prepares to hit the ground in michigan and pennsylvania on monday. Where do things stand in the seven swing statements? we re on it. But first, to the great exodus as a record number of americans say goodbye to summer with one last getaway. We ve got rick like huth reichmuth on the travel rush and jeff flock on the road. Happy weekend to you. Hope you got where you warranted to go and if your home you re home, you re happy and having a good time. I m neil cavuto. What you re facing if you re heading out, rick reichmuth to do the honors. Rick: overall, we ve got a pretty good scenario for the country overall. Central plains, you re looking good. Much of the west, you re looking perfect. But we do have some troubles especially down across parts of the south. Southwestern areas of texas all the way new the loui
Lets begin with a check on stocks lets welcome in brian belski. Thank for having me ambitious call. How do we get there . This will be a transition that takes several months if not into the year you, well into 2022 the unprecedented price moves in 2020 are going to turn into, we think, unprecedented earnings move in 2021 we think financials, Consumer Discretionary will lead the way. Were maintaining our stance of being neutral on technology and Communication Services over the next three to five years theyre by far our favorite sector in terms of growth we think this is going to be a turn around in terms of Earnings Growth theres no doubt that the vaccine is helpful, no doubt stimulus will be helpful, but theres also no doubt we are going to have more stayathome orders in the United States and therefore the stayathome stocks will do very well the bull market continues, we continue to believe that march 23rd, we dcontinue to believe that march 23rd was the controlaltdelete were bullish w
Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats
And the fed will get to zero pretty quickly. They are in a nowin situation. Had they not done anything the market would have been disappointed i think stocks are higher a year from today, at the end of the year. I am looking to raise my target i am at 3440 my notice for earn something 172. I think they cut 50 at the next meeting in just two weeks i think thats going to happen and thats where we begin our debate today, what i think is the only one that matters. The coronavirus and whether it was a blip or a black swan and what that means for where stocks may go from here we will attempt to answer that question today with our Investment Committee committee and another guest vinny viola. Joe terranova, stephanie link, josh brown, steve tubin. We will lean on him today to find out what he is telling clients. Stocks and bond yields plunging. The stock off its lows, still a loss of 550 points you tell me, is this a blip or a black swan a blip, stocks are voweler inible, they may go down well
Homes, if we can zoom out more, there are other homes in this area. Call fire said they are in deed threatened. No word of any injuries. The fire is close to property. There are multiple engines on scene trying to get in to structure protection mode. There season a air attack probably launching if it hasnt already. As we get more information, 40 acres burning southeast of san jose. We are following developing news as one bicyclist was killed and another is in Critical Condition in south san jose. This happened near the conner of vista park drive and west capital expressway. Jessee is live at the scene with the latest. Reporter San Jose Police traffic officers remain on scene collecting evidence in what is considered to be an accident. Im at the intersection of capital expressway and vistvist closed town to blue field drive. 7 15 this morning, the drive of a chevy suv was leaving the parking lot of the bon fair market on vista park. The female driver was making a right turn in to the la