Timeline for a meeting. Hasident trump warning he he is looking other Companies Including alibaba. Proving theto be adage, first in, first out. It could be the only major nation to grow this year. New zealand reports more infections, weakening its reputation as a covid19 beater. The Prime Minister is preparing to speak. She may delay the election. Shery lets get a quick check of markets. U. S. Futures rising at the open. We are seeing futures up to tencent 1 . This after u. S. Stocks ended the session mixed. Fluctuating throughout the session for much of the day. Just to fall slightly negative territory with utilities and health care. Recover any the u. S. Has slowed. We also have stimulus talks remaining at a stalemate. The nasdaq fell to 10 sub 1 while the dow was fell 2 10 of 1 . Signs of been some Energy Demand recovery in the u. S. That is gaining tracking gaining traction. Crude gaining a quarter of half a half of 1 . Same for brent crude, which is nearing 45 a barrel. We had ame
Yeah, when we react to those. Every day we seem to react to something different. Its shocking just how much and thats why we have such a volatile market were in now its kind of covered upa bit o that its something that has stood out for a while now. I know the theme was everybody said justice of the peace morgan under 100, thats when you have to buy it. Its been under a 100 for a while. Theyve had opportunity after opportunity and the financials dont seem to be able to get up and move and sort of break out to the upside. Thats been a hangover along with some of the industrials obviously, tech has been the leadership role. Thats been pulling the markets to the up side significantly but today were seeing a bit of a rollover we could be in for a pretty volatile session we havent seen volatility jump up the way it has. Its very interesting to keep an eye on what do you make of todays action given were awaiting all the Bank Earnings next week. In terms of their outlooks, im not sure im not
Nasdaq is leading the way again. 9,996. Will we get to 10,000 again before the quarter and the half year are over . Its a 1. 25 gain today. Its the only of three majors to be positive year to date ill start that there, josh brown. The nasdaq is reminding everybody how we got here in first place. Thats right. It continues to be a tale of two markets despite those days where it looks like were about to have this massive mean reversion for the rest of the market it really is these names that are getting the job done day in and day out. Ive highlighted the fact the nasdaq equal weight is doing as well or better on some days than the regular market cap weighted triple qs. Thats indicative of broad strength not just five stocks dragging the whole market higher. Then the coronavirus losers are doing what think have been doing for quite a while. Each day were getting new names added to the list. This is just another casualty of this two speed economy that were going to have. If you focus on wh
And the director of the center for strategy at the council and security. Last october, the skull cross Center Forward defense team reported on effective resilience and national strategy, lessons from the pandemic and the requirements for key medical infrastructure by distinguished fellow kramer. A Strategic Operational framework for effective resilience is the capacity to withstand shocks of a magnitude of a major pandemic, a strategic shot. Today, as President Biden confronts covid19, our report and recommendations on Health Security remain timeless. To discuss these issues i am , very pleased to welcome a variety of guests to our event. Our moderator will help frame the discussion. She will be followed by the report author, frank kramer cool present key findings. Jaclyn leavy, chris mcguire, on our Panel Moderated by the director of our former defense practice area, clementine starley. I would like to thanks speakers and the audience for joining us. In accordance with the legacy, it
About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle