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you look at the gains here, the dow is up almost 7% since february 11th. the s&p 500 up more than 8% in that same time frame and the nasdaq is up 10.5% since february 11th. do you sell into the rally? david joins us. you have a bullish tendency, but i think you believe that the upside is limited here. yeah, absolutely limited. we talked about it last night in the show. essentially this is a fear-based trade. people underpositioned on the long side that are fearing a lot of the meetings coming up over the next several weebks. a meeting in china kicks off today. most importantly the ecb given draghi s comments about potential additional stimulus, so i look at it and say under positioned, getting long, fear of it running away from them, but most importantly, there is a big fear, big fear about being short. so all these, you know, stocks and sectors that have underperformed have been completely negative, biased on sentiment trades, you re seeing that risk come off and seeing a
AustraliaBrazilMinnesotaUnited-statesChinaEssexCaliforniaRussiaSyracuseNew-yorkWashingtonDistrict-of-columbia yes. and something i think we re going to be talking about a lot today. and probably into the week. this rebound in growth tech stocks we ve seen throughout february and continuing into march. some of these netflix up about 20% off the lows, i believe. workday at 48. now around 73, i think. at least where it opened. you go on down the line. linkedin is up 15, 20% from where it was at the lows after earnings. it seemed like investors were backing away from these growth stocks and the idea they were not growing as quickly as expected, particularly in the cloud and sas arena. but look, they re coming back. at least somewhat. it will be interesting to see different perspectives on whether that s going to have legs. we re sort of in the in between. q4 and q1 reporting periods, some more convinced this is not a sustainable rally, argue that wait until we get those q1 reporting figures and some may dissipate, but time will tell. in the meanwhile, we ve got to watch politics, a
New-yorkUnited-statesMontanaGermanyFloridaCaliforniaSanta-monicaSimi-valleyMichiganWashingtonDistrict-of-columbiaTunisia year. they commented, what he said. shares down premarket after they reported the drop of 2%, and why nevada really won the factory. the august employment report shows the smallest growth report, up 142,000, and july s gain revised up to 212, and unemployment ticked to 6.1, and average up two tenths a percent, and earnings up 2-1, year over year now for two months 234 a row, but a stronger number would have given a bigger picture on wages. he said the number s just not right, and i respect the work so much ied said, wow, okay, they re a guy who said the watcher of the number saying august has a lot of revisions up. search, well, how do you deal with effective retail so strong, and layoffs in atlantic city, and there s big numbers, and we also know that there s people who wait to see some, you know, affordable care act, what it s going to look like, and it was a confusing number, and said if it was missing, someone s taking action on it. i m stunned. i m a little stu
New-yorkUnited-statesJapanAlabamaNevadaGermanyTexasPhiladelphiaPennsylvaniaChinaWisconsinReno trump s travel ban. bob ferguson saying, no one is above the law. not even the president. that follows a week of protests at airports and across the country. but tonight s ruling throws the nation s immigration system into chaos once again. what will happen now? got to figure it out for you. let s discuss with rene hamarsh and jessica snyder. all a alan dershowitz. what does it mean? the judge s order, is a national order, saying you have to have uniformity in the way immigration laws apply. it will apply equally to the west coast and the east coast. kennedy airport to l.a.x. it is very broad. it goes through provisions of the executive order. and it says i m staying this and staying that. in my view, i think it s overbroad. it concludes at least that there is a plausible argument of unconstitutionality in relation, not only to people who are in the country, not only to people who already have visas, but perhaps, as well, to people have haven t gotten visas from syria and o
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