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Will be fought in the swing states of course were going to take you to the mustwin county in michigan. Critical state and a county that could tell the story and later, sec chair jay clayton warns Corporate America about a heightened risk for Cyber Attacks. Hell tell us whats keeping him up at night. As power lunch starts right now. Hi, at thisltyler, hi, every tech is lagging again and as the hours roll on, its getting worse. Lets go to bob pisani for more details. Whats going on is theres a little bit of a rotation here. Stimulus is coming back. Some are investing in the idea theres going to be stimulus however, its coming at the cost of Big Cap Technology and all those workfromhome stories, kelly, that worked so well three or four months ago amazon, thats a sixweek low for amazon right now apples at probably a fi ....
Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this is the seasonally strong period of the year earnings season was a good one retail sales pretty good retail earnings were good even though a mixed bag and so i think were in the period of pause until the new year. What are you paying close attention to today. Well, today, i think its really all about this is black friday a ....
Next week getting results from walmart and jcpenney then kicking into high gear barreling toward black friday. Is there a giant moment of truth for the consumer. Everybody says about the healthy of the consumer. Never underestimate the u. S. Consumer want to spend doesnt mean they should be spending they have jobs thats great as long as the stock market goes higher every day whether people have a dollar or not in it they will spend money because they feel the economy is doing better thats the calculus i make with the alltime high in the stock market i think the consumer continues to spend doesnt mean some of the stocks are going higher but the consumer will spend. If you want to play the stocks, i think in the next thursday a name like nordstroms which had great trading ranges over the last couple of years, yes its bounced off the low but you have a huge Short Interest, reasonable valuation and we find ourselves time and time agai ....
Chicago for what is moving this stock. Phil reporter melissa it is not just that the q2 loss was greater than expected, tesla losing 1. 12 per share. The estimate was for a loss of 1. 40 a share the estimates were all over the map, a wide range there. Revenue coming in at 6. 35 billion, a little shy of expectations it is the automotive Gross Margins that will get a lot of attention here they came in at 18. 9 . Remember, the concern was those margins were going to be squeezed as they were pushing out the model 3, was that push to make deliveries of more than 90,000 going to hurt margins coming in at 18. 9 when many people were looking for them to be at least 20 . By the way, thats down not only compared to the Second Quarter of last year but also compared to First Quarter of this year where both of the quarters, the automot ....
sharply low. the dow well off its lows and highs, as boeing pops after the f.a.a. said the recertification of the max could come before midyear. bond yields are both falling once again as coronavirus fears spread the ten-year dipping to its lowest level since october joining us is dan nathan from risk reversal advisers dan, good to see you. clearly a risk-off sentiment today. do you see that as a buying opportunity or sign of more to come. listen, this virus came out of nowhere all of a sudden i think it s given investors the reason to hit the pause button a bit. when you think about the performance so far, the nasdaq making a new all-time high today, you still narrow group of stocks, microsoft up 5% on the year. that s 3.5 trillion in market cap, really doing a lot of work here to me there s a lot of underperformance outside of meg tameg a-cap tech s&p is down about a percent. only one positive, utilities the number of people infectioned around the world the coro ....