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Polls. I will ask liz peek for her thoughts and more all that and more coming up on making money. Charles so after failing to hold on to early gains the market is Building Momentum to the downside. We havent gotten into panic territory but theres a fair amount of frustration especially coming to nasdaq which continues to stumble. Well see what this is all about. When it comes to the economy, well the u. S. Consumer is in very strong position right now. The lowest disposable income ever. This powered credit schwarzenegger to the highest point ever. Wall street is looking 2021 earning to eclipse 2019 although there was stronger yearoveryear estimates when you go back to july. Back then the street was looking to 32 increase. As of this weekend a 26 increase. As for now the market continues to grapple with the inability to widen the rally as the same names move higher. When the growth names falter the entire market falters and beco ....
You know folks its been a really intriguing session so far with more winning sectors than losing sector which is is actually the reverse of earlier sessions this week when there were fewer winners but those winners were able to lift the s p 500 to a five day winning streak coming into today s session now the old momentum crowd looks tired in their new momentum darlings like overstock continues to surge, weve overall a remarkable week on wall street, but there does seem to be some confusion on where investors should be taking their next queue, so what do we need to do to keep this rally going into next week . I want to bring in global president heather zumaraga, Ci Financial Company rob luna and Strategic Wealth planner ceo mark tepper. Heather earnings season is a Huge Positive solid unemployment numbers this morn ....
And the nasdaq is indicated up by 66 points lets take a look at whats happening in the treasury market the other thing worth watching, wti, crude oil prices. Last i saw up another 7 to 31. 51, so seeing wti above 30 a barrel the tenyear note is yielding 0. 64 . Andrew thank you, becky. Hope everybody had a great weekend. We have an update as we do every morning these days on the pandemic lets give you the total numbers right now. Global cases have reached 4. 7 million with 1. 4 million right here in the United States. More than 90,000 people in the United States have now died from this virus changes are coming to our nations airports as well. The tsa reportedly preparing now to check passenger temperatures at about a dozen locations as soon as this week. Airlines have begun urging the government to take steps in an attempt to keep potentially sick people off planes and make tra ....
Dallas . Years ago. Traveling with a big sales whats interesting is it is a connected supply chain so what were actually discovering here with the coronavirus is those factories outside of china, they person a deal . A few of them i was a stock broker. Also are having supply trouble not able to start production in would you like to buy this or many cases because all it takes would this be better for you is one part to come from china alternative choice questions. So our products are electronics, you do. Fairly complex and parts really she doesnt get on a plane come from all over the world and unless there is money to be those parts that come from china made everything you do should be are affected. Okay. Closing. Bernie, thank you for joining us this morning im closing every day appreciate it. Coming up, can a slick we digress. It is up we are green today multimillion dollar ad blitz translate to success on the up 65 points, the s p indicated debate stage thats the question of the nigh ....
Terminology and the wall street gibberish that makes the whole process seem really impenetrable there is an entire industry of people earn their living by doing the opposite of that they want you convinced that investing is too hard, that regular people just cant do it. The safest thing is to give your money to a professional or stick it in an index fund. The truth is thats the right call for many of you and everyone should have some index fund exposure. I believe you can manage some of the money as well as the pros. The truth is many of the professionals really say theyre focused on getting your fees theyre more interested in taking your money than making you money. And thats a lot easier if they can keep you ignorant about the market theyre kind of like the the wizard of oz. They dont want you peeking at the man behind the curtain they dont want you to understand, because maybe if you did, youd take control of your finances, pick your own stocks and not pay someone else potentially e ....