Together in a big stimulus deal. Dont lose track on betting of georgia runoff elections, very important. Trump attorney Rudy Giuliani is in the hospital after testing positive for coronavirus but the fight against election cause continues. Well get the very latest from trump attorney jenna ellis. All that and so much more on making money. Charles well, before i get started, rather, i i want to gie a shoutout and thank you very much to my friend david asman who rocked the house last week when i was out. It seems like a quiet start to the week. Tell you folks there is fireworks underneath the surface a string of highprofile ipos will make their debut including doordash and airbnb later in the week of the question on everyones mind should they chase them out of the gate . No one has a way to play this. Other than the fool theory, if someone doesnt buy it, i will buy it. How do we go about this . Here to hash it out, new constructs ceo david treanor. David, price range of 56 to the 60. Thi
Have congressman andy biggs. After the mess from the first president ial debate. I wanted to learn more about policy. Many feel america lost i would like to see another debate with a different formality. Our Political Panel will weigh in. All that and so much more on making money. Charles market rally today might not have been with some expected after last night but there are a number of moving parts that actually matter more to the stock market, right . The economy is probably more important than the debates. Heres the thing, folks with, very a string of positive Economic Data pouring over the last 24 hours. Yesterday Consumer Confidence saw the biggest drum in 17 years. Chicago pmi jumped to levels not seen since 2018. New home levels highest ever really. Adp jobs report, 749,000 private sector jobs added last month. Sectors closely associated with overall optimism and election out comes. 60,000 in mining, 60,000 in construction. 130,000 manufacturing jobs. Street holding out hope th
Stole the show. I say a star was born as he and Melania Trump talked about justice for allamericans. Speaking of rnc, it seems to have a positive effect on President Trumps poll numbers. The swing state trump bump closing the gap with joe biden. All that and more on making money. Charles folks, records all over the place as wall street keeps going. The bull market picking up speed this as new data on the economy continues to defy the experts. Durable goods orders for july climbed 11. 2 , significantly beating consensus estimate of up 4. 3 . Transportation was higher. Electronic equipment was higher. Computers were higher. Business investment came in better than expected this is more evidence that the consumer isnt dead. Which brings me to my stock of the day, dicks sporting goods. Reported record revenues and earnings for the quarter. I think another great example of omni channel success. Here to talk about all of this, kaltbaum Capital Management president , fox business contributor g
No more. What will the new name be . I would love to hear from you. That and much more on making money. Charles we begin with a fox business alert, folks. Big changes in the richest people list. Elon musk has blazed past Warren Buffett and timing could not be better, more reflective of a world and business stock market. On the one hand, you have brash, cocky, impatient elon musk, who wants to conquer underground, aboveground, wants to travel to outer space to make peoples lives different for people on the planet. Extremely patient Warren Buffett, oracle of omaha, his investments are in daily hab business. Both are folk heroes for millions. It is about the conventional wisdom and naysayers which has a whole new crop of investors in the market saying same thing. Experts are complaining about everything from central bank policy, trailing price, earnings ratios while missing the rally. Millenial investors looking for ways to invest in the stock market. They are buying things they believe i
I will ask republican congressman roger wicker. More on that in making money. Charles so todays headlines are focused on a rise in covid19 cases although that has been the headline during the eightday rally for nasdaq. Of course, sick out of eightday winning streak for the s p. I had other concerns, including the concentration of winners in just a few stocks. Im not just talking about those momentum darlings. Only 42 s p s p names are higher for the years. Investors put a ton intos market. They pulled out 26 billion last week. The good news there are trillions of dollars on the sidelines. At some point a lot of that money will pour back into the market. The big question, of course is when. I would like to bring in kaltbaum Capital Management president , Fox News Contributor gary kaltbaum. Along with Capital Market chief strategist Katherine Rooney vera. Lets talk about this session. Gary, your concerns beyond the covid or maybe the covid19 headlines . We have two markets. I tell you 75