An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good numbers today. Our manufacturing and services is keeping us positive just want to show you some new highs. A lot of stuff involved in tech. Internet, anything having to do with the internet. Fdn is the new one the hold building, that itb had been on fire eight straight weeks of gains. U. S. Home sales hit a record pace today we saw home prices also move up as well. Look at some of these new high list is fairly thin but a lot is building related horton, pulte, lumber liquid daters these are all at
Lately what do you know about side area. Youre probably thinking all well and rich kids. A nightmare for women and an extreme interpretation of islam. Things people in the west take for granted are a lot. Mixing with opposite sex. Or talking about politics. But you might also have heard the things have opened up recently under the new crown prince women are now allowed to drive. And for the 1st time men and women have been allowed to listen to Music Together in public. Money is best man and i work as a fashion side its in london. But ive never felt totally at home. I grew up in Northern Ireland but i was born in saudi arabia to sudanese parents this is saudi its right yeah you know straight. Man to be begging me to come back to saudi arabia and hope i might be convinced to move there. So. I. Decided to live with them for 2 weeks to see what my life would be like loved ones as are the numbers. The time the chokehold a star resisting attempts to return to the saudi saudi or not having a
One interesting thing is we finally have a little bit of strength for the dollar after the fed yesterday in a while range, now slightly higher. This is tampering gold. A gold rally is on pause. Not a strong Risk Appetite on the day to say the least. David at the same time, we had the big tech hearings with the four ceos getting beaten up. We had some big earnings today. Does it look like tech might be holding up a bit better . That tech hearing yesterday, they lucked out, or investors lucked out to some degree on the fact the fed was also happening that day. That was probably more of a psychological overhang. The bigger news is earnings after the bell today for apple, amazon, facebook, and alphabet. 100,is 40 of the nasdaq about 16 of the s p 500, and a big question here is whether or not these stocks have run too far, too fast, not just off the march lows but the last earnings season. Amazon up 40 out of the last earnings season, but what makes it so interesting is earnings for the ju
Sends a very clear message on behalf of the british people those with blood on their hands the thugs of despots the henchmen of dictators who will not be free to once into this country to buy a property on the kings or a kings right to do their Christmas Shopping in knightsbridge or frankly to siphon dirty money through british banks rather Financial Institutions the new regime of sanctions targets 49 individuals and organizations from russia saudi arabia me and ma and north korea designed to encourage better behavior. The sanctions talk at those at the heart of Russias Interior Ministry such as a leg to chang call accused of being responsible for the death of a magnitsky the russian lawyer arrested after alleging that russian officials were involved in large scale tax fraud and who died in prison also sanctioned all those who were involved in the killing of Jamal Khashoggi including Saeed Abdullah al qahtani a senior advisors of the crown Prince Mohammed bin sajjan and the senior offi
Had a fever that raged 38 degrees thousands of protesters have tried to storm serbias parliament angry about tough coronavirus restrictions president alexandrovitch put a weekend curfew back in place after the countrys worst day of the pandemic with 13 deaths alexy obrien reports. Prices does in place beso on the streets around say be as parliament was i. Tried to storm the building some briefly managing to get inside before being pushed back. Theyre angry at president aleksander of the church and his decision to reimpose coronavirus restrictions. Some chanted calling him a thing. This demanded his resignation the government signed for the 2nd time. Put the seat. To impose current did for each. County. Its a responsibility because of the mistakes. The mistake they say was lifting what was one of europes strictest lockdowns. We gathered here to protest because our president lifted the state of emergency because of the election and now he wants to impose it again critics say the presiden