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Good afternoon. Welcome once again to power lunch. Im john for tte, energy up 13 this week and financials also down about 2 . Its the regional banks seeing the most pain, first republic, pnc, truest financial leading that sector lower. And Airline Stocks all lower as we get a clearer picture of what Holiday Travel will look like in this persistent pandemic first, lets get to bob pisani for more on the Market Action today. Bob. Hello, john what happened to our value rally . Banks and things like that moving to the up side, Energy Stocks it got smacked by Covid Concerns and by the lack of stimulus. Thats a problem what do we do . Hey, lets go back and buy workfromhome stocks again. The docusigns, zoom videos, activ ....
Mile. Vandalization, high crime, 100 arrested, 13 officers injured. I dont know where to start on this one but well be covering it. Because there are ramifications for the rest of the country and maybe the president ial race. Meantime, focusing at the corner of wall and broad, with the dow up 300 points. A lot is on optimism that despite the back and forth nastiness between democrats and republicans on the president s executive orders here, to go ahead and provide stimulus himself because congress was unable to do it, there is optimism that some deal will ultimately struck. It moo be ultimately close to what the president wants, there are nagging issues is it constitutionsame issues come up when republicans were saying that to barack obama when he was looking at a payroll tax cut there is a long history to president s taking these payroll tax cuts to the executive level. President george w. Bush implemented one with much democratic, you know complaining. Again i mentioned about preside ....
Gain tackling your questions on the rally ahead. The trader radar, what are you buying and selling today, josh melissa lets start with what is popular on robin hood according to robin track. That the Spartan Energy acquisition nio popular not only today by the way but saw the biggest gain in popularity for the week netflix, amazon and microsoft. As for Spartan Energy, lets dig into names there is report it could do a spak that would allow the ip ocho plan to make a vehicle everybody wants a piece of the market phil wouldnt be surprised if this happens then lets move on to fitbit, another name to watch. Reuterss did a did a report goy be able to avoid the full investigation into the bid for fitbit if it promises not to use the data to target ads another one to watch, bed bath and beyond reported earnings, sales dropped 50 but still has plans on the street. Raymond james reaffi ....
Dow jones up better than 600 points. S p 500 racing ahead. Over 200 day moving average. A lot of technicians Pay Attention to that. Chicken entrails and tea leaves to moi. A lot of people Pay Attention. Nasdaq three or 4 from alltime highs. Already in positive territory but from all time highs. Greasing the skids, hope for a vaccine sooner than later and Nine Companies are into that, thats right, Nine Companies. Well get into that in a second. Optimistic comments from companies as we speak from andrew cuomo. Hospitalizations also sliding. Number of deaths also sliding that could be a Promising Development when we open up entirely the empire state. The whole drill there is up state, down state, new york cit ....
Will its the 89 a. M. Hour of fox Friends Weekend start requesting this antiisrael protest taking over College Campuses and at George Washington university. Genocide joe superimposed over the giant american flag. Chelsea reablghts to Bernie Sanders says this could bes biden vietnam. Taking on michael cohen. Today is the Kentucky Derby 150 years of it and were meeting the owner of honor mari this hour. The third hour of fox Friends Weekend starts right now. Rachel wow thats a beautiful shot. Pete looks like rhode island to me. What do you think will . Will water. Rachel he nailed it in every hour that weve been doing will i want to tell you a story s ....