The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea
Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu
Lockdowns as coronavirus cases spike. Home sales hit a 15year high but weekly jobless claims unexpectedly rise. I have a question for you guys. Is chicago the nations canary in a coal mine, as new york citys mayor warns indoor restaurant dining is on the verge of shutting down again, and the center for Disease Control today recommending against thanksgiving travel. We are live in the windy city, where it already begins to lock down again. Refi rush as urban dwellers flee covid and the big cities. Mortgage rates are nearing alltime lows. At the start of the pandemic, mortgage guru barry habib told you right here on the claman countdown wait to refinance because rates were going to drop more. He was right. Hes about to tell you where rates will go next. Its his big 2021 prediction. The woman with goop on her hands. The Venture Capitalist who backed the superhot retail site is here on whether the Hollywood Alister is ready to go public. First, we have a fox business alert as covid cases r
Despite coming from a poor family loves to become president. Challenges a. Credible story. Starts december 10th on t. W. Food. A big moment for a small biotech firm in germany and the world vaccine developed by buying tech now approved by the u. K. Marks a technological breakthrough and could be revolution for the entire Pharmaceuticals Industry well talk to our financial correspondent. Also on the show distributing that vaccine will be a big challenge well look at how germanys flag carrier is gearing up to fly around the world. And the vaccine cant come soon enough for the worlds poorest countries theyve been hit especially hard by the global slowdown. Welcome to the show im Stephen Beard and. Lead investors around the world welcomed the u. K. s approval of a Coronavirus Vaccine with asian markets gaining thursday on hopes that economic recovery would be around the corner but the vaccine developed by german firm biotech in partnership with u. S. Drug giant pfizer also represents a tec
Small companies you might not have heard of doing things you might not quite understand or at least thats true with me. I want to focus in on one area in particular called natera out of san carlos. The company has created a series of tests that can detect the recurrence of cancer. Sometimes years faster than an oncologist will catch it on a ct scan and it is done with a vial of blood. Steve chapman is the ceo of natera. Good morning. While your Company Makes most of its money from something called panorama, this is a noninvasive prenatal test, i want to start with this issue of cancer. You are detecting cancer, the return of cancer to be specific, the dna of a tumor which youre finding essentially in a drop of blood. Have i got that description pretty close . Thats right, scott. Thanks for having me. We developed a new test we call signatera. Were sequencing the entire tumor and making a personalized test for every single patient to track their tumor in the blood. The test has shown so