The ones that go up all the time and barely ever go down on rare occasion when theres a marketwide pullback like we had this morning s p edging up, nasdaq gaining 3. 7 from a very ugly opening. You have to buy these up stocks. Buy, buy, buy, buy, buy hanover fist. In a market like this one that has a hard time staying down to begin with, even with a weak jobs number or a president that seems determined to overturn the election, hes not going anywhere, the up stocks just wont quit back at my hedge fund where i compounded 14 for 14 years id sit down with my staff and say, okay, give me your best stocks, the up stocks, the ones that never seem to go down. I want the unstoppable ones. I dont even want to know what they do, i just want them the staff would be incredulous there would always be a young whipper snapper saying, whats an up stock . Thats not our usual methodology. I adopted a no more mr. Nice guy attitude, like id ever been nice so i just demanded they give me their up stocks or
We will bring you fast money trades straight ahead. We start off with a zombie ap k apocalypse on wall street. Many icons are among the walking dead like macys carnival, delta. Nearly 200 companies have joined the zombie rank since march. Total debt obligations nearing 1. 4 trillion dollars a lot of these names are names we talk about trading on this show how should we start thinking about this before we get into the walking dead, i want to point out, a great job by our crack staff leading with the cranberry zombie, and delores was the founder of the zombie. I may have gone with Something Like this if the crack staff is listening. We are now two minutes into the show its important to point this out because folks at home are paying attention apparently more important than actually trading our first topic in what is known as the ablock of the show. Its not more important its important we will talk about ablock and Zombie Companies last night we talked about macys and we talked about the
Fishing license. Welcome to bloomberg surveillance. Im Francine Lacqua in london. It is the last trading day in november. Certainly a lot of traders will be feeling the same, but stocks are dropping after this recordbreaking rally. A bit of a pullback on the last day of the month, capping this recordbreaking rally. Oil sliding after ministers failed to reach an agreement on supply. Small caps, energy and companies, banks, that group has been leading the rally in november. Today, a bit of profit taking. A couple of other things im watching for is the price of oil. We talked about that, encouraging news on brexit, which is why we see sterling at 1. 3333. The portuguese 10 year yield come i like that because we are on zero watch, or negative watch for that yield. Word newsyour first with leighann gerrans. Opecplus has failed to agree on an allay to januarys height. Many members support keeping production at current levels but the United Arab Emirates and kazakhstan oppose the move unless
On monday to, i think, information they had 90 efficacy. That was the pfizer vaccine. Demonstrating the vaccination as possible against covid19. The dr. Also said, if vaccine emergency authorization is approved, 20 million doses could be available in the United States in december. There are well over 1 million cases of the coronavirus in california. According to Johns Hopkins with only state with more cases is texas. Over 18,000 people with the virus have died in our state. Californias 14 day test positivity average is up to 4 . The goal is to be under 5 . Santa clara county Officials Say they are seeing a sudden, rapid spike in covid19 cases and are announcing new restrictions, including the elimination of Indoor Dining. Its bad news for restaurants who have just recently returned to Indoor Dining. Reporter thats right. Restaurant owners say this will be tough. They are not sure if they can get enough patio customers in winter to survive. Now, in a news conference, Santa Clara County
If thats real life, just carry on. Its getting us through this lockdown, i tell you. Although items on the agenda may include floral displays and litter picking, it seems meetings of Handforth Parish Council arent for the faint hearted. And apparently, theres a long history here of factionalism, infighting, and complaints about councillors. Councillor burkhill, weve been through this. Jackie weaver isnt on the council. Some councillors asked her to be there to provide supervisory support, but others didnt accept her role. What are you talking about . You dont know whati youre talking about at that meeting, im not absolutely sure who was in charge. I was very focused and i was there to support the three councillors that wanted to get on with the ordinary, often dull, business of a parish council. If this goes viral, its going to start a war of words. Some of the councillors maintain that the meeting itself was illegal, others that it was held fairly. Either way, they could sell tickets