Leventhal. We are basically at the highs of the day, call it a 500point gain, the s p 500 good for 1. 5 . Nasdaq which was negative very early today is back above 12,000, thats a gain of 1 . The small caps have had a tremendous run of their own. The russell 2000 is up by better than 2 . Josh brown, if i told up that the dow on march 23rd hit a low of 18,213 and we have had a 12,000point rally since then, you would say what i would say this is why people who are not only invested for long term by continually adding to their investments, 401 k s or automated advisers, et cetera, have done themselves a huge favor people on the other side of that debate who think their job is to wake up every morning and make in our out decisions have not done themselves a favor. Im 43 years old im pretty sure ill see dow 100,000 someday. Is he you have to orient your mentality in order to get to days like today. If your mentality is oriented toward trying to outsmart everybody all the time, you dont get t
We want to hear from you this morning. What is it like where you live. If you live in the Eastern Central part of the country, 2027488000. Mountain pacific, 2027488001. You can also text us with your first name, city, and state at 2027488003. You can send us a tweet at cspan wj or post your comments on facebook. Com cspan. Start dialing in, we will get your thoughts in a moment. We will begin with yesterdays meet the press and Michael Osterholm, who served on president elect joe bidens task force at this to say about the coming week. Let me ask you this. We are seeing the accidental rise that you sadly predicted would happen in covid cases. We going to plateau anytime soon or is this trajectory going to keep going up and up . Thank you again and let me just say the outset that our future is in our hands. Right now for at least the next three weeks, cases are in the pipeline, of these numbers are going to go way up. Our job is to imagine what the world could be like if we do make the ch
And the big week around retail rolls on, but are there any stocks out there still worth opening in the reopening trade we have some names for you on this wednesday, november 18, and this is Worldwide Exchange right here on cnbc the band subject of a little online debate that i was posting last night to my instagram good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan and good wednesday morning hopefully you wont need a remedy today here is how your money and the Global Markets are setting up their wednesday. Stock futures are now higher across the board small gains, yeah, but they are gains none the less. Dow futures up 64 right now. It was a mostly lower session yesterday, all the major indexes breaking two session win streaks. Hey, you cant blame the market maybe for pausing in what has been a huge surge in one of the best starts to a month in decades. In a note out on the market technicals from the spoke, the
87, the s p 500 is up 10. 5 this month the russell 2000, the biggest ever month live oly outperforma small caps that sort of sets the scene for us your note today to our producers to me says everything, bryn. You say, yeah, were overbought, the market is technically ahead of itself, 200Day Moving Average but wed be buyers anyway yeah, you summed it up perfectly. I think to give some perspective around that, when youre looking at technicians or technical calls, the 200 Day Moving Average, over 90 of stocks in the s p are over their 200 Day Moving Average when that number gets above 80 , thats typically a time to take a stand back as a trader as an investor, though, as we are, you want to take a look at that and say, hey, if we get a selloff, which im sure well get because thats just the price of admission for being an equity investor, we absolutely want to be in stocks because what are your alternatives cash or bonds . And both of those offer you no yield and so we also think that next
Hello i look back to the france 24 newsroom. I am thomas waterhouse. The second american Drugs Company offers a fresh glimmer of hope with moderna saying its covid19 vaccine is 95 effective. The is trying to secure doses for the u. K. Who are already placing an owner. Order. Also, talking Recovery Plan. Frances zero minister is confident a solution can be found following the vetoes from the eastern Member States. And the u. S. President elect has on the bones of his economic vision. Joe biden says a new covid19 stimulus package needs to be quickly put together but he is also calling for a raise in the National Minimum wage. We will have more in our business update. It has been described by americans leading expert on Infectious Diseases as the light at the end of the tunnel. In the second time in recent days, the u. S. Drugs company has come forward to say that its experimental covid19 vaccine has been massively successful. Earlier this monday, moved during moderna inc. Says its trial