Sell off until they realize they cant keep paying for things like snow flake because when they have to sell Something Else i think is why we have another bad day. Dow dropped 245, s p fell and nasdaq lost 1. 70 . It bounced from the lowest percent. Once again, were reminded the stock market is first and foremost a market. And markets are government earned by supply and demand. Right now the supply of new stock is overwhelming demand so the whole market just gets hammered until you trade for a living, you might now understand how this works the software a video game plan and they dont have spare cash lying around, what do they do . How do they get that piece easy they sell. They sell the stock and companies that dont understand it anyway. If you have a stock on the deal and you flip it, well, thats free money free big profits and you got to take free money when wall street is giving it to you. Take public at 52 if you got some at 52 in the deal it scored to 75 where you can cchaching. S
800743cnbc or jimcramer i love billy paul, but only the strong survive is the wrong anthem for age of covid19, but i do think thats where were headed and even after a good day like this one, and the s p climbed 1. 91 s and thing is the average is dominated by the fittest stocks and the ones with the strongest Balance Sheets and they will do so where most commerce when most commerce is on hiatus, and theyll still be there, but other companies lesser known, but still in the s p 500 need credit to make it through, not because theyre reckless and poorly managed, but because its impossible to plan for this economic catastrophe and including, of course, all of the small and midsized businesses that are not even public im worried that theyre doomed. Doomed ive said endlessly that we dont trade in nail salons and gyms although we do have Planet Fitness on the show later tent, and there are plenty companies that i supply midsized businesses and more important if we keep seeing jobless numbers a
Operational. And the real deal. As concerns spread over how the coronavirus will affect the nations real estate market, well get a reality check and see how Virtual Reality is helping open houses like never before. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. Let none of us ever think of those we have lost as mere numbers on a graph. They were real lives. Reporter coronavirus deaths topped 51,000 in the u. S. Still in some parts of the country governments are reopening businesses and loosening social distancing. You have to do both. You have to be able to fight the virus, and we have to open up the economy. Reporter the president signed an extension of the relief bill giving 484 billion to Small Businesses and hospitals. Reporter President Trump walking back comments that he made regarding inintersections to treat coronavirus. I was sayingus oo rep likyou. Reporteresident trump i feel lg king any questions. Reporters were there. Thats their j
W. H. O. Warns governments around the world against abandoning knock down restrictions to early. Libyas internationally recognized government really takes control of 3 secedes from more than likely to hostile. The number of new infections in the us is not growing as fast as before thats according to President Donald Trump and his top disease expert Dr Anthony Fauci more than 23000 americans have died of the virus so far with those 8577000 reported infections trump has been defending his strategy to contain the virus even as places like new york city of running out of swabs for testing and urging doctors to only test patients who are gravely ill. Americas continuing to make critical progress in our war against the virus over the weekend the number of daily new infections remained flat nationwide flat hospitalizations a slowing in hotspots like new York New Jersey michigan and louisiana this is clear evidence their aggressive strategy to combat the virus is working and that americans are
Congressman Mike Gallagher of wisconsin cochairsor to Cyberspace Commission discuss the recommendations to defend against cyberattacks. [video clip] in the critical time fight against the virus, we made a lifesaving move with early action on china. Now we must take the same action with europe. Host that was President Trump last night in an Oval Office Address announcing his plan to block travelers from Continental Europe from entering the United States. It came hours after the World Health Organization declared the coronavirus a pandemic. Negotiateontinues to and aid package. Here are phones are open to hear your reaction for all of this. Emocrats, 2027488000 2027488001 republicans, it is 2027488001. Independents, 2027488002. You can send us a text. That number, 2027488003. Please include your name and where you are from. Otherwise, catch up with us on social media. On twitter it is . It is cspanwj. You can start calling in now as from theou more of Oval Office Last night. President tr