Start the week even the dow the first record close in almost four months. Is this a breakout or a fakeout, pete it certainly feels like a breakout and when i look at the options world, we see nothing but huge buying right now. And weve seen it kind of moving in towards this in energy, in some of the financials but today it was the emerging markets. And dan and i talked about this months ago they were buying the eem, 250,000 in a single print and 30,000 here, 30,000 there. Fxi the same sort of story so it seems like everybody is planning for a breakout. Volatility shocked me, by the way. Its still trading right aurnd need 13, like 12. 5, its amazing to me with the market weve got right now that people are feeling so comfortable, maybe too comfortable. So comfortable in a riskon sort of mentality. Im never comfortable whats the title of this game, breakout or fakeout thats the title. Breakout. You believe in this rally you have to believe the s p 500 is making a new high almost every day
Of bullets in rapid succession. He said he would also support a modest tightening of background checks for gun purchasers. Survivors of last weeks School Shooting in florida have marched on washington to call for tougher laws. And at the Winter Olympics, team gbs Womens Curling Team have beaten the reigning champions canada to reach the semi finals. It means the Canadian Women have failed to win a medal for the first time in olympic history. Good morning. Its wednesday 21st february. Im annita mcveigh. Welcome to bbc newsroom live. The met police has lost an appeal at the Supreme Court against two victims of black cab rapist john worboys who won compensation for its failings. The women were raped by worboys in 2003 and 2007 and said their treatment by police, who failed to believe their reports, caused them mental harm. The Supreme Court unanimously dismissed the polices appeal. Our Home Affairs Correspondent june kelly is at the Supreme Court. What did the lawyers for the two women ar
President trump as mentally deranged. From next year banks and Building Societies will have to carry out checks on all current account holders to establish if they are in the uk illegally. A hive of information, scientists place trackers on bees to help more about their life cycle and their illnesses. A very good morning from florence. So often on this long Journey Towards brexit we talk about important announcements and perhaps use the term to loosely in the media, but there is the filling in florence today judging media, but there is the filling in florence todayjudging by the cameras around me that this is actually an important occasion. Of course, though brexit negotiations have pretty much stalled over the last six months, we are on the eve of the fourth round of negotiation and still stuck on those difficult first phase issues. What are we going to hearfrom first phase issues. What are we going to hear from theresa may today . Probably detail on two important numbers. The first n
Roy dable care act and moores victory last night in Republican Senate primary. He goes to general election in december. Democrats, 2027488000. Republicans, 2027488001. 2027488002. What does it all mean . Story do you want to talk about . Both . Give us a rang this morning. The star this morning out of alabama. Senate ps strange in runoff there. Roy moore with his mother eading to the polling place in alabama yesterday, ahead of that Senate Republican primary race. Nominee to face emocrat doug jones in the december general election. Then lead story, front page of New York Times this morning, to undoans drop measure the Health Care Law short of votes, mcconnell says g. O. P. Shift to overhaul of the tax code, those are the two pages of a ng front lot of National Papers today. Let us know what you think. Fort lauderdale, line for democrats, youre up first. Caller thank you. With republicans is the only thing theyre interested is in tax cuts for is what is going on now. They are being thre
Did you spell Bed Bath Beyond wrong did you spell it ben the first time i wrote it. You say im a stickler for detail then they think i did this im like getting flack for something that you can you take it down ill talk to my people. U. S. Equity futures at this hour lets show you whats going on now. The dow looking like it would open up higher, 32 points higher nasdaq opening about 16 1 2 points higher. S p 500 looking to open a little over 3 points higher lets go over to asia. The nikkei off a bit the hang seng and shanghai are looking up if we fly to europe, we will show you what that picture looks like youre seeing green arrows across the board you would be happiest if you were investing in the index there in spain finally wti crude, buying it by the barrel, still over well, still way over 51 coming in on 52. 51. 74. Here are the big stories were watching our top corporate story. Shares of nike lower this morning. The Worlds Largest sports wear brand reporting a 24 drop in quarterly