Stocks stumbled out of gate. This is blowoff of november to remember. Reversal that may have been sparked by record homebuilder sent meant. Some think the market is too optimistic and toppy. They say it has gone full bull. Is it time to buy or sell. Of course those ceos of facebook and twitter, they are more contrite this time around in latest capitol hill hearing. Republicans and Democratic Senators are both admonishing them for abuse of power. Well continue with a life report, get reaction from tennessee senator Marsha Blackburn. All that and so much more on making money. Charles a little bit after trap door as the market opens for trading today. The s p 500 now though, remember yesterday hit new alltime highs. So the selling really is natural considering that it has been 12 trading days in november where the s p is up almost 11 . The dow is up more than 13 . In fact there is sort of a growing feeling the market is ahead of itself. That is the conclusion which bank of america in its
The country without Serious Health consequence where does the confidence come from i mean, havent lets see, we adopted universal testing yet . I dont think so we dont have contact tracing. We dont have enough gloves and mask to keep everybody protected. Lucky me yet the markets have an incredibly strong month. Even with todays mild dip, dow slipping 32 points, s p edging 5. 2 , nasdaq climbed 1. 4 , they crushed fang put it out there are we whistling past the graveyard here not so fast. Theres a ton of confidence in the safety net, the one that covers Large Companies even it as it fails to protect a lot of Small Businesses and doesnt do nearly enough for individuals. Remember we dont trade hair salons here. Theres no ticker for diner, no barber shop, gyms, no. We trade Big Companies companies that have more access to funding than i have ever seen in my life courtesy of the Federal Reserve and the Treasury Department who know that the stakes are high. But you also got a lot of hope driv
Coronavirus spreads across the u. S. , but is the virus the only factor. Falling stock prices have lifted dividend yield, some companies are often more than 5 , weve got the nays, and which companies are more attractive after the selloff. On the barrons roundtable tonight been levinson, jack how, we opened last week with three forces moving the market coronavirus, fed, politics. By midday friday look like coronavirus was the only thing standing, then a new force into the picture. So lets get this out of the way, politics is a sideshow here. What we have is a heavyweight battle between two forces. Have a coronavirus which is threatening to make the u. S. Economy grind to a halt. And you have the fed which is trying to make sure people can still get access to money. That they are not going to run other cash they need to keep their business going so the market was out riding with biden when the started customer. And jack how is being played by Sylvester Stallone because midday monday he w
Should be thinking about right now. Wild swings in the market as coronavirus spreads across the u. S. , but is the virus the only factor. Falling stock prices have lifted dividend yield, some companies are often more than 5 , weve got the nays, and which companies are more attractive after the selloff. On the barrons roundtable tonight been levinson, jack how, we opened last week with three forces moving the market coronavirus, fed, politics. By midday friday look like coronavirus was the only thing standing, then a new force into the picture. So lets get this out of the way, politics is a sideshow here. What we have is a heavyweight battle between two forces. Have a coronavirus which is threatening to make the u. S. Economy grind to a halt. And you have the fed which is trying to make sure people can still get access to money. That they are not going to run other cash they need to keep their business going so the market was out riding with biden when the started customer. And jack how
Should be thinking about right now. Wild swings in the market as coronavirus spreads across the u. S. , but is the virus the only factor. Falling stock prices have lifted dividend yield, some companies are often more than 5 , weve got the nays, and which companies are more attractive after the selloff. On the barrons roundtable tonight been levinson, jack how, we opened last week with three forces moving the market coronavirus, fed, politics. By midday friday look like coronavirus was the only thing standing, then a new force into the picture. So lets get this out of the way, politics is a sideshow here. What we have is a heavyweight battle between two forces. Have a coronavirus which is threatening to make the u. S. Economy grind to a halt. And you have the fed which is trying to make sure people can still get access to money. That they are not going to run other cash they need to keep their business going so the market was out riding with biden when the started customer. And jack how