Were at the lows of the day thats where we are. About a 600 point loss for the dow. Nasdaq a bit more than that. The russell which has been a real outperformer giving back 5 now. S p coming off its best month since 1987 we have come a long way off the lows april was an incredible month. We said best since 87. Are we primed to go higher in may . Are we poised to go lower because of how far we have come . You know my answer is i can make the case for either way but what im going to tell you is the weekly closing candle is disgusting now we had a huge comeback but even at its peak which i guess was some time yesterday or the day before, only 0 of s p 500 names had gotten back above their 200 day. So you had almost a third of the market back in some semblance of an up trend and we rolled hard look whats rolling. All of those beaten up names that rally this week, the airlines, the oils, the stuff we said okay, thankfully those shareholders got a breather trashed again today. Rollovers and h
And no refunds. Hotels and airlines might be refunding trips, but many airbnb customers may be out of luck. We have the details. We begin with the volatile state of the markets and the Global Economy as the coronavirus outbreak widens. Italy went into a nationwide lockdown, u. S. Virus cases spiked, and the dow the market plunged. The Dow Jones Industrial complex entered a bear market wednesday, the s p tumbling into bear market territory thursday after President Trump took to the airwaves, announcing a ban on travel from europe. Pres. Trump to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days. The new rules will go into effect friday at midnight. Emily in tech, the forecast on how much Companies Like apple, amazon, google, and facebook would lose in a downturn, and uber and lyft shares fell on the reality that customers are sheltering in place. I asked Wedbush Securities dan ives for his take on the volatili
We will talk about the potential threats to National Security. No refunds. Airlines may be refunding customers, but many airbnb customers may be out of luck. We have the details. We begin with the volatile state of the Global Economy as the coronavirus widens. Italy went into lockdown and u. S. Virus cases spiked. The dow jones entered a bear market wednesday, the s p tumbling into their market into bear market territory after President Trump announced a ban on travel from europe. To keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days. The new rules will go into effect friday at midnight. That talkedch, about how much companies would lose on the downturn and uber and lyft shares fell on the reality that customers are sheltering in place. Wednesday i asked Wedbush Securities dan ives for his take on the volatility. Dan you need to put goal post around in terms of demand. When i look at the core names, a lot of t
A u. S. Air strike killing an Iranian Military leader in baghdad causing oil prices to spike this morning stocks dropping. Eamon javers has the latest on that from washington reporter good morning, jon now getting red siran and aroun wormd. The supreme leaders saying harsh vengeance awaits criminals behind the killing of Qassem Soleimani, that was outside the baghdad airport. In france, president macron says he discussed the situation with russian president Vladimir Putin and state department in washington, jon, saying that secretary of state mike pompeo is speaking with a number of World Leaders this morning, briefing them on the situation, including a statement suggesting he has been speaking with high ranking Pakistani Military officials. For his part, the president of the United States offered his explanation for justification for the attack on twitter, also kept a relatively muted presence on twitter you see his statement, explaining that Qassem Soleimani got caught planning addit
Mr. Banks without objection, so ordered. I want to welcome everyone to this hearing of the military personnel subcommittee. Todays hearing is focused on admissions, curriculum and diversity of thought at the military Service Academies. I want to thank our witnesses for being with us today. I hope this hearing provides an opportunity for our members to have a Productive Exchange with our witnesses and provide answers to their questions. First, let me say i believe our cadets and midshipmen are some of the best and brightest scholars and athletes our nation has to offer. Each year a small group of americans know their path wont be easy, that it demands sacrifice and hard work and in the end, nearly a decade or more of service to this great country. And that is why we are here today, to ensure that our cadets and mids are getting the first class education and the elite military training that they need. But i do have some concerns. All of the military Service Academies use race as selectio