Nasdaq finishing up 2. 56 . Sometimes stocks deserve to go up or nothing. It is critical to see stocks lev tate li levitat levitateli what they are doing here we are paying more for the same level of earnings or story, betting that someone else will take it off our hands for a price thats still higher. Some people calls it full theory multiple expansion is what we saw today. Wall street got hyped of the best of the best look at what led us higher start with apple and it is always fun to start with apple you follow apple, we all know they want your new phone tomorrow new iphones come out on the clock work and even 5g in it and we had to buy in it of course. That did not stop wed bush he points a step up for demand for components of larger version. We know that from marvel and sky Works Solution let me read you one lets say sn snippet. A super cycle, huh when you call something a super cycle, you have to catch somebodys attention i am superstitious of super cycle. We heard it right befor
Sell off until they realize they cant keep paying for things like snow flake because when they have to sell Something Else i think is why we have another bad day. Dow dropped 245, s p fell and nasdaq lost 1. 70 . It bounced from the lowest percent. Once again, were reminded the stock market is first and foremost a market. And markets are government earned by supply and demand. Right now the supply of new stock is overwhelming demand so the whole market just gets hammered until you trade for a living, you might now understand how this works the software a video game plan and they dont have spare cash lying around, what do they do . How do they get that piece easy they sell. They sell the stock and companies that dont understand it anyway. If you have a stock on the deal and you flip it, well, thats free money free big profits and you got to take free money when wall street is giving it to you. Take public at 52 if you got some at 52 in the deal it scored to 75 where you can cchaching. S
Selloff, but stocks will open lower this morning. Disappointing housing numbers really not helping, the dows looking for a loss of 370 points. Thats quite a drop right there. S p down 58, nasdaq down 288. A lot of red ink on the lefthand side of the screen. By the way, 860,000 jobless claims this week, thats the lowest number since march the 14th. All right, there is a mask and vaccine fought. President trump saws well have 100,000 next doses. That will be super fast. The cdc says, hold on, youll have to wait until the middle of next year, and joe biden says he doesnt trust trump, he trusts science. College sports, yeah, making a comeback. Ncaa basketball returns in november, big ten football in october. And sally, ouch. That storm has dumped more than a foot of run in some pluses and, get this, a storm named teddy is forming. Could go up the eastern seaboard. Big show, of course. Aoc wants even more implements for the social u. S. Es. Fomo, fear of mussing out missing out, have Retail
Optimism. I profoundly accept this nomination for president of the United States. More highlights the complex reaction from trent 2020 National Press secretary. Also violent protest rocky wisconsin this week following the police shooting, American Cities are in chaos that there is hope later in the hour i will share with you some powerful messages from the arrest whose poised and formed all of us how to handle domestic strives and how to heal our nation faster. All of that and so much more on making money. Charles its interesting all morning has a latesummer feel but the upward bias is firmly intact as the nasdaq and s p continues the power to new highs on a daily basis and now its going to attempt to finish the session positive for 2020, one of the oldest actions on wall street is that new highs to get new highs, as this as investors get weakening from jay powell as Interest Rates are confirmed, that will not be a problem, in the meantime Economic Data continues to come in very strong
Announcer from Rockefeller Center in the heart of new york city, its the tonight show starring jimmy fallon. Tonight join jimmy and his guests jim carrey jenny slate, musical guest luke combs and featuring the legendary roots crew and now, heres your host, Jimmy Fallon Jimmy hi, everybody. Welcome, welcome, welcome, to the tonight show. Thank you very much roots. Thank you guys for watching. Thank you for tuning in the whole week what an amazing week its been its been bizarre, but im so happy to be back and happy to see all the crews upper half of their faces [ laughter ] lets get to some news here. Guys, this is a crazy story. Last night the twitter accounts of some of the most prominent figures in the world were hacked in a bitcoin scam listen to this the first of its kind a coordinated attack targeting some of the biggest accounts on twitter, those of joe biden, elon musk, bill gates, barack obama and kanye west, among others all sending to their followers via the hackers, a note to