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Storm threatening the gulf coast. And on the campaign trail, Vice President pence and Kamala Harris facing off in their first and only debate, the highlights next on this thursday, october 8, and this is worldwide exchange. Who is playing asia . Yes, spin eoff. They always surprise me with the music. I would fall from grace anyway, good morning, good ev afternoon. Welcome from wherever in the world that you are watching. Thanks for joining us. And weve almost made it, folks. Stock markets may make you money today. The dow coming off its best day since midjuly with a more than 500 point gain on the dow. The s p and nasdaq also coming off more than 1 gains and other good signs it is the transports gaining another 2. 5 yesterday, an alltime record high and overall, the dow is less than 5 from its alltime high, s p about 6 to go and nasdaq also about 6 from its record high as we c ....
Possible covid19 treatment all in the name of politics. Biden and his very liberal running mate should immediately apologize for the reckless antivaccine rhetoric that they are talking right now, talking about endangering lives and it unmines science. Charles well get reaction from the rnc and along with Fox News Contributor liz peek. All that and so much more on making money. Charles well the markets opened under considerable pressure today, extending the selloff that began late last week. For the most part everyone agrees stocks were over their skis especially growth names that went parabolic in august. What is not agreed how much pull back we should expect. On that note i would like to there are different variety of pullbacks. There could be a shallow downturn. There is pull back to the former breakout roy is old resistance points. There is breakout to the 50 Day Mov ....
You cant when the nasdaq is running like this. A 7 gain in index, you almost have to realize everybodys price target has to come up. Its baffling and confusing people who are not in the stock market but making a lot of sense to professionals who realize oh, my, god to chase. Yeah. Banks will get jp morgan tomorrow theres a lot of discussion about the commentary will matter more but also the idea that because of where estimates are, you could see some upsize to prizes another upside out of bsf. Jp morgan, the whole group is insane Goldman Sachs goes from 190 to almost 210 its almost as if people said, find me something that is not crazed my issue will be loan losses and possibly dividends and i think a lot of the chatter i listened to wilf this morning but a lot of the chatter is if people are getting more stimulus and money is being pumped in, why should these Companies Pay the ....
Mcdonalds, disney and goldman sachs. Todays move higher though, putting not even a dent into this weeks losses and the dow is down a staggering 12 just since monday once again, a big story, energy. Check out oil. This time the opposite of yesterday, surging 24 thats its best day ever the u. S. Government considering some political talk or action to get in front of that saudirussia price war thats going on and flooding the market with oil and well have much more on that during our big hour straight ahead, but first, though, lets talk about this historic moment at a time for investors and trying to figure out what you should be doing right now with your money in the short, medium and long term and joining us is scott maynard, and one of the few who expressed worry about these markets even before the health scare, scott i would imagine your portfolios are holding up pretty well if so, what are they composed of what does scott minerd know right now . Weve been invested pretty conservativel ....
Take a look at the markets the dow is up. Erasing losses earlier this week to tyler now lets get more on todays job induced rallies. Wernl a risk on tone to todays market as investors shift their focus from that weaker than expected manufacturing port earlier and focus on jobs report sentiment highlighting the resilience in the u. S. Economy plus optimism building around a trade deal being reached before the december 15th deadline after china said it would avoid tariffs on some imports of u. S. Soybeans the industrial giant is looking to sell a 1 billion of its Drug Delivery system. Thats a report from bloomberg the stock is at session highs. This rebound has extended into small caps which tend to move on upbeat Economic Data the stock at the top is ulta ulta higher on earnings. The company is getting much better at containing costs stock up 12 back to you. Thank you for that. ....