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Taylor even though we mentioned a little bit of a pullback today, the take a look at this chart i am showing inside my terminal. S phe top, the percent of 500 members trading above the average. The highest on record. At the bottom of the screen, the percent with rsi over 70. The highest since 1991. The general tone continues to be a slow grind higher. 500 toive inside the s p some individual movers. Macys has opened 450 stores, but that is not enough to give investors optimism. Suspendedy company their dividends and said they will not reopen at least 150 of their stores. We move up into some of the luxury names. Sales off 52 . They will keep north American Stores shut until july 15. Along with jp morgan, the financials mentioned earlier, selling pressure today, facinglarly the consumer banks. Short positions are back. This is data as of last week. Futures seeing the biggest net short positions since 2015. This is interesting beca ....
Founding editor. Host its too bad we dont have anything to talk about today. [laughter] guest that is the understatement of the century. Host why dont we start off by talking about Harvey Weinstein because that is sort of the story everybodys talking about right now and every day some new atrocity occurs. Yesterday or the day before, whenever it was, three more people came forward with the idea that he had raped them and this has been going on for years and years and years and there were eight settlements against him and obviously everyone in the company knew about it. I have to say i wondered about his wife like after last night announced that she was leaving him finally how she could possibly not have heard about this. How do you think this happened . How was this allowed to go on and on and have nobody ever speak out until now . Guest as a society and as a culture, we protect the harassers and that is the 20 billiondollar que ....
Broke out after the death of a black man in police custody. There were some tense moments after a false report that police shot a man yesterday afternoon. Last night on the late show with david letterman, president obama said event in baltimore and elsewhere have caused the country to address the issue of racism. President obama a lot of the things we have seen in ferguson or new york or baltimore have been going on for a long time. We are aware of it because when you see something on video it is a lot harder to deny and communications have improved. That is a good thing. Olivia the president said it is just a handful of police who have caused problems for their communities and other police officers. The imf is warning the eurozone you will have to take a haircut on greek debt. The Financial Times says the imf is telling greek creditors it may cut off support to greece unless they agree to write off significant amounts of soverei ....
The Wisconsin Elections Commission is still reviewing and processing nomination papers. WEC says this is a time consuming process as more than 380 candidates filed before the deadline. ....