All that and so much on making money. Charles obviously it was a tough week last week for the stock market but by the time the dust settled the year had become even more screwed as it was. Only 193 stocks in the s p were higher for the year. There were actually more losers on the nasdaq than there were more winners. I have no problem with the hit megagrowth stocks hit. Theyre still under pressure. I expect the trillion dollar stocks to be okay in the long run. But for the rest of the market, there were signs late friday that foreshadowed todays rebound. S p 500 held at a key support level. There was huge buying volume into the close on friday. The 10year yield marching higher. All the issues bothering the market are still unresolved and major indices must close higher to reverse the downtrend. In fact i think the s p 500 has to get above 3400 before you see buying go big time . Where does the market go from here, more importantly where should you be positioned . I want to ask Money Map
Madam secretary, please call the roll. [roll call] clerk madam chair and carrs, you have a quorum directors, you have a quorum. Because we are on soundproducing electronic devices, we will not make this usual presentation. Item 4, discussion whether to invoke the attorneyclient privilege and conduct a closed privilege. Madam chair, it would be appropriate at this time to open the Public Comment line for Public Comment only on the invoking the attorneyclient privilege. Great. Are there members of the public who would like to speak on us going into closed session. Moderator, please let us know. Clerk all right. And for members of the public, the phone number, if you are listening via sfgovtv call 8888086929. The code is 9961164. In order to join the queue for Public Comment, you must press one, zero. Well just pause for a moment to wait for anyone who wishes to address the board only about going into the closed session for matters in the closed session to do so. Great. We cant hear opera
Clerk members of the public, the m. T. A. Met in closed session discussing hiring of a secretary to the board of directors and also discussing litigation with the City Attorney but took no action with either matter. Item 10 will be a motion to disclose or not disclose matters discussed in closed session. Motion not to disclose. Second. Madam secretary, roll call. [roll call] clerk madam chair, the motion to not disclose is approved. Moving on, at this point, madam chair, is approval of minutes from the september 15 regular meeting. Anyone on the board have any additions or corrections to the minutes . Seeing none, we can open it to Public Comment for the addition or corrections to our minutes. Moderator, is the phone line open . Operator you have one question remaining. Wonderful. Commenter . Mr. Pillpow, is that you . Hello . Hi. I think i dialled in by mistake. Okay. Are there any other commenters on our minutes . Operator you have one question remaining. Okay. Commenter . Hello . Hi
Clerk members of the public, the m. T. A. Met in closed session discussing hiring of a secretary to the board of directors and also discussing litigation with the City Attorney but took no action with either matter. Item 10 will be a motion to disclose or not disclose matters discussed in closed session. Motion not to disclose. Second. Madam secretary, roll call. [roll call] clerk madam chair, the motion to not disclose is approved. Moving on, at this point, madam chair, is approval of minutes from the september 15 regular meeting. Anyone on the board have any additions or corrections to the minutes . Seeing none, we can open it to Public Comment for the addition or corrections to our minutes. Moderator, is the phone line open . Operator you have one question remaining. Wonderful. Commenter . Mr. Pillpow, is that you . Hello . Hi. I think i dialled in by mistake. Okay. Are there any other commenters on our minutes . Operator you have one question remaining. Okay. Commenter . Hello . Hi
They are finished speaking, consistent with the regulations accompanying a tourist night 65, the staff will only meet members and witnesses as appropriate, when not recognized in order to avoid background noise. Members are reminded that all house rules, relating to order in the courtroom, apply in this hearing. This hearing is entitled Insider Trading, stock option grants, and examination of corporate integrity in the covid19 pandemic. We know that we have votes on the floor, we will not have any delays of this hearing in order to allow members to vote. If members should go vote, and return, and while we all have part of the alphabet to vote in, im sure there can be some accommodation made so that when they return you can ask questions, and vote with the others not appearing on other alphabetical characterizations. And when im voting, i believe mr. Meeks, has agreed to serve as chair until my return. I will now recognize myself for five minutes for an opening statement. Our Capital Ma