Up for an eighth straight day. The mega cap tech names making the new milestones josh, the big five as we say amazon, apple, facebook, alphabet, microsoft all but alphabet hitting the new highs today crossing 6 trillion as you flag end market cap for the first time ever. They, amazingly, are now equal to the next 24 largest s p 500 stocks combined. You flag that. Yeah. What do you make of it . Yeah, so my research. We put this up last night. Just incredible when you think about the companies that make up that next 24 were not talking about small potatoes were talking about jpmorgan which is a 300 million cap and pepsi, coke, mcdonalds. Its really wild and these stocks now are just going parabolic. I think i want to maketwo points very quickly. The first is that this is not unprecedented. In the mid 1960s just two stocks General Motors and at t made up 14. 5 of the total market cap of the s p 500. And the top ten names in the mid 60s made up about 50 of the market cap so, we have seen t
It is office highs, but still a. 5 . Not too Much Movement in the dollar index. Just a little weaker before the fomc today. He 10year yield lets get a deeper dive into the market action. Standing by we have k. D. Lang. Katie playing. Hase dollar weakness become a proxy for risk appetite. It is once again weakening signals it is not entirely a risk off day. We are seeing it in equities. Even if crude is office to touch. On the subject of the fed and yields, something the market is paying close attention to for that decision in about an hours commentary on yield curve control. There has been a dramatic steepening of the curve in recent weeks. We have seen some flattening coming in. We are sitting at 115 basis points, the steepest it has been in about three years. We will see if the fed does anything to change that narrative. It is tech that is outperforming at the moment. The s p 500 Information Technology sector is higher for the fourth day in a row, up 5 over that time period even thou
Winning streak falling by 300 points yesterday take a look at whats happening. Yesterdays session, the dow was down s p dipped back in for the year inching its way in the day before the nasdaq did power to a new record close and briefly broke above 10,000 for the first time. Lifted by amazon, apple, facebook and microsoft which all closed at record highs adding about 5 trillion. About the amount well spend in federal spending this year also take a look at whats been happening with u. S. Equity this hour both the dow and s p are under a little pressure. Dow indicated down by about 60 points s p down by 3. The nasdaq, even after all these gains is indicated up by about 17 points this morning taking a look at whats happening in the treasury market the 10year seems to be yielding 0. 797 crude oil prices are in the red. Crude oil prices, talking about the recovery theyve made. Talking about wti. Down about 2. 3 . What an improvement or a gain in crude oil prices now above 38 thank you it is
He also founded craigslist, the online Bulletin Board where i sell my discarded swimwear. Last night, tucker revealed the study was in fact no study at all. Can we get some numbers on that, and why you . No, actually, we cant. In the words of the study, pinning down precise proportions of censorship is impossible because twitter doesnt release sufficient data. Are you following the reasoning here . Their conclusion, twitter is not biased and we can be certain its not biased because twitter refuses to release the data on who it bands. Greg in other words, a fake study for a guy who claims he doesnt like fake news. It was designed for the media so they wouldnt have to do their jobs and investigate the actual claims, but the research is about as a researchy as turning on the lights to your living room to assess the existence of whales. Yep, no whales there. Really, having a Big Tech Lib Fund A Study On Whether big tech is biased, thats like me finding a study on how great i am, or a study
Eastern standard time its locked down with the kaisers. Our kaiser report twitter periscope thats right oh yeah its becoming the go to sunday show they say max you might say it is down on a no its good times theyre guaranteed well in fact you know what in our Global Economy a Monetary System right now good times are promising the Economic System based on a pal at the Printing Press you know this past week he went on 60 minutes and he was saying oh well you know we print money digitally and theres no limit to the amount of money we can print good times for all a stripey for there was a diddy here jay z. There kanye west there was jay walker who was keep it real in the projects in chicago with his famous tagline dion oh my and that there was such a strange rumor a few months ago that he was dating and coulter now theyre very good friends apparently and thats according to his wiki pedia but they are not dating jay jay powell was the star of good times his phrase was die no my it became su