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Out of the bear market cage. Can it hold in the final hour . Companies right and left, though, are still scrambling for rescue money. You may not know the name, but if you have ever stayed in a hotel, you know the company that is there the second you turn on the Television Set from listings to express checkout and more. The ceo is hoping the government will send her rescue money soon. The ceo is here on the application experience and why she needs that Small Business loan now. The Computer Company first out of the gate to reopen production facilities in china is lenovo. The north american Vice President is here to reveal his secret of pulling off that success as millions of americans upgrade their pcs to work from home. Has this happened to you . During the corona ....
Not even a one dollar increase dny. The fed out with its alphabet soup of programs. Index isays highyield barely visible, but has come down quite substantially if you yield to worst settings re. The lets get some insight on the markets. Banks set to kick off earnings season. We are joined by tom lee, Fundstrat Global Advisors managing partner and head of research. You are not one to shy away from a particular point of view. Tell us where you see the markets headed. I think the markets have absorbed an incredible amount of news and seem to move very quickly, but just as quickly as weeks, i3 over six think the vshaped rebound weve 2800. E saw last week that was a 20 retracement of that entire climb. If we look at the major declines of markets, once the market is able to absorb or recover half of those losses, it is often a good sign that the market is shifting in favor of buyers. So i am kind of constructive. I think youv ....
The nasdaq up 1. 3 , and the vix is at 52. Obviously it is going to be a volatile week. We have the 10 year yield at 61 basis points at the moment. Any number of things moving these markets. Guy i think in many ways, youre right. It is going to be a volatile week. We sibley dont know what is coming down the pike towards us. Is an ok opening. Considering the numbers we had over the weekend, considering what is going on, this is a very undramatic open. It is placid by comparison to what you couldve expected. A couple of exceptions, the. Obviously a couple of exceptions, though. Obviously, what is happening in the crude market is something to be paid attention to. Take a look at the contango in brent crude. It is terrifying. Take a look at btu at bdp yields in italy. There are problems still very much unresolved. Some of those problems exist here in europe. We are waiting to see what is going to happen with corona bonds, etc. , and whether europe is going to stick together. Youve also got ....
2,255 points. Right now we are down 2,003 points. At 1 00 p. M. , money started fluttering down, the Federal Reserve making a move to support the bond market amid the coronavirus collapse. The s p 500, by the way, had been down 240 points and of course, we had 689 points getting slashed off the nasdaq. Right now the s p is down 219 and as we look at the nasdaq its down 619. Despite the feds move, the s p and nasdaq joined the Dow Jones Industrials in a bear market. This as the 11year bull market is officially about to come to an end. The selloff kicked in pretty much right at the open and five minutes in, triggered once again for the second time this week the Circuit Breakers that halted trading for 15 minutes. Lets show you some metrics here. The oil patch. Take a look at this. It is playing a huge role in thi ....