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Simonetti is watching the markets and Hillary Vaughn is on capitol hill. Lets kick it off with hillary. Reporter melissa, Bernie Sanders is out of the 2020 race but he is not off the ballot and he is still has his eye on the Democratic National convention this summer. I will stay on the ballot in all remaining states, continue to gather delegates. While Vice President biden will be the nominee, we must continue working to assemble as many delegates as possible at the Democratic Convention where we will be able to exert significant influence over the party platform. Reporter former Vice President joe biden is now the presumptive nominee for the ....
A better place. Thats why they fight this market tooth and nail. And thats precisely why we can go still higher today. The dow gaining 43 points. Let me give you some very specific examples of what im talking about. Two days ago, ibm reported exactly what i was looking for. Ive been skeptical about the company. It is reinventing itself. More of a cloud data plan. Not just the soft wafrl not everyone was happy in the quarter and the stock did indeed sell off. Guess what . The stock is starting to come back faster than i thought. Im not using ibm as my thesis because the stock was misjudged in price. Im starting with ibm because when i look at this company, i see the dollar getting weaker and the rest world getting stronger, i say you know what . Heres a boaten down cyclical company. It might do better if the Global Company improves. It is really embedded around the world. Plus the structure is leaner than ever so it might be someth ....
Companies are to go that defined todays action with the dow jumping 113 points, s p climbing 1. 05 , nasdaq falling 1. 59 . First, we all know that stocks have come up a lot from the february lows, but not all stocks. Only a select group of stocks have managed to claw their way back into our hearts. Mainly service companies, international businesses, those Consumer Products corporations and those involved, at least bottom fishing here, went up, resources mining minerals. However, a ton of stocks have been left behind. Especially health care stocks. Theyve been in the doldrums because theyre easy political whipping boys during primary season and theyve had some disappointing earnings. Then all of a sudden someone comes out and says he wants to do deals. He tells us he might have as many as 10 takeover targets and one or two of them will be bought in the next quarter or two. Suddenly were off to the races with animal spirits that ....