Ten states are beginning to work on plans to open parts of their economy. Maybe in may, the fed launches a commercial paper funding fa s t facili facility there is an argument that calls for stocks to retest are fading. I thought yesterday was an important day with the dave kostin change. I did a lot of work, help with larry williams, about how many times when you have a 50 retracement or more, we have a retest the answer is almost never i think theres a lot of people coming on someone came on the air this morning and said in every single case you have to have a retest. Thats completely untrue if you bounced up 50 beginning last friday thats what we did. A lot of people say this thing is based on large cap companies. Thats what we do. Were not trading luncheonettes here thats not to the detriment of luncheonettes. Were not trading hair salons. Thats not the way it works. We trade Large Capitalization Companies that do better than smaller ones in this environment. Thats life. Is it fair
Its nearly 4 s p above 2500 thats a loss of 3. 5 . Thats the same loss for the nasdaq theres the russell 2000 which has been a big winner down by more than 4 i want to begin with breaking news regarding General Motors. A significant story is developing as we are learning that new york deaths have topped 500 and the tremendous need that the governor of the state of new york has said remains four ventilators. The president tweeting just moments ago about General Motors a couple of tweets i want to give you some of my own reporting. He says, quote, as usual with this General Motors things never seem to work out they said they were going to give us 40,000 much needed ventilators. Now they are saying it will only be 6,000 in late april they want top dollar always a mess with mary b. Thats mary barr invoke p that means the defense production act he goes onto say General Motors Must Immediately open their stupid ll lly abandoned plant io and start making vent lae iningw ford get going on vent
A look at a this is a great bay area the scheme would see 12 cities in the area linked up to form an integrated economic cop including showing saying how and who im sure the greater bay area has a population off 70000000. 00 and a g. D. P. Of well over one and a half trillion dollars making it a potential rival to places like San Francisco new york and tokyo already a major investment Hub Hong Kong would be the projects crown jewel but greater the area already accounts for 12 percent of join us g. D. P. China also wants to develop a world class airport cluster in the greater bay area efforts traffic is already greater than the figures for San Francisco new york and tokyo combine and and then this shipping to 3 of the worlds top 10 contain a ports are in that area experts see the plan. As part of china strategy to catch up with the United States of america now for more lets bring in both the need to mock hes the chief representative of german industry and Commerce Hong Kong good to have
A look at a this great bay area the scheme would see 12 cities in the area linked up to form an integrated economic cop including showing saying how and who own shoe the greater bay area has a population of 70000000. 00 and the g. D. P. Of well over one and a half trillion dollars making it a potential rival to places like San Francisco new york and tokyo already a major investment Hub Hong Kong would be the projects crown jewel the greater bay area already accounts for 12 percent of join us g. D. P. China also wants to develop a world class airport cluster in the greater bay area after its traffic is already greater than the figures for San Francisco new york and tokyo combine and and then this shipping to 3 of the worlds top 10 contain a ports are in that area experts see the plan. As part of china strategy to catch up with the United States of america now for more lets bring in both can needham out hes the chief representative a german industry and Commerce Hong Kong good to have yo
Linked up to form an integrated economic cop including showing saying how and who im sure the greater the area has a population off 70000000. 00 and a g. D. P. Of well over one and a half trillion dollars making it a potential rival to places like San Francisco new york and tokyo and already a major investment Hub Hong Kong would be the projects crown jewel the greater bay area already accounts for 12 percent of join us g. D. P. China also wants to develop a world class airport cluster in the greater bay area after a traffic is already greater than the figures for San Francisco new york and tokyo combine and and then this shipping to 3 of the worlds top 10 contain a ports are in that area experts see the plan as part of china strategy to catch up with the United States of america now for more lets bring in both are need a mark hes the chief representative a german industry and Commerce Hong Kong good to have you with us thank you for your time though obviously when you look at the shee