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Address new concerns about the pandemic fight in this counoat. First, heres todays eye opener. Its your world in 90 seconds. The governor of wisconsin summoning the National Guard after violent protests broke out. Protesters set cars on fire and clashed with officers in riot gear after the shooting of jacob blake. Shot in the back seven times. This was not an accident. This wasnt bad police work. This felt like a vendetta. The Republican National committee nominated President Trump for a second term. If you want to really drive them crazy you say 12 more years. This is now hurricane laura. And laura is doing exactly what it a onetwo punc se punore ockout. Desuctive wildfires continue to burn through parts of california. Thousands forced to evacuate. Were deploying every resource at our disposal. Every resource. Cal ....
Four trading sessions with yesterdays strong gains. Now the major u. S. Averages all turned positive for the week. The nasdaq now positive for the year. Check this out. The dow and nasdaq are now on pace for their best week in a month and a half. Stocks are now out of correction territory sitting less than 10 from record highs from mondays intraday low. The dow is now up 8 . If you had caught it at the bottom this would be a great week for you. The s p has risen nearly 7 . The nasdaq is 12 higher. We should give kudos to our friend that had those dates. He said this was the week. Remember he had the exact dates . You were out. I was probably out. I think i was out. I wasnt here. Assuming this holds up. We dont know. Like yesterday i was checking from time to time and i was in a place that i didnt have wifi. It was that fake out. Up 2. 5 and then all the way down to less than. 5 and then back up. Youre thinking i bought into this and now its going to go down and ends up going up 360. It ....
Vote in the European Union makes you numb. Were dealing with total overload at this point. We have prominent rich people that dont care about stocks. We have Hedge Fund Managers talking about how the pound sterling will crash. We have wall to wall coverage of this event in every periodical. More than i can recall when portugal, ireland, italy, greece and spain were about to go belly up a few years ago. I think theres a real possibility we could be taking something that isnt a big deal. At least most certainly for the u. S. And turning it into one. If major countries had truly defaulted during the euro crisis a few years ago i think we could have seen a collapse of the western world. This issue again could easily have rivaled the panic of 20082009 in our country. Im choosing not to worry as much precisely because everyone else is. It will be my job to recommend the stocks ....
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