Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An
Facebook reported amazing number last time. Amazon gave you an amazing upside surprise and it got steam rolled it was hideous nonenonetheless, and i know that. There is the right way to look at it or the wrong way we dont look at the action and we are back to form an opinion about the quarter. Thats the wrong way the right way when a Company Reports great number and the stock gets slammed, you look at the set up often because of an event like say an impending election. I am expecting massive confusion. One of the most confusing weeks of my career unless the results are blow out this day, we may not know who won plus with mail ballots nobody wants to unstock a bowl of confusion why not sell everything on monday for starters, you are too late what the heck did you think was happening. More importantly you are not nimble enough to get back in after you gotten out look at our quality stock selling off right now. You definitely want to get back in take amazon and facebook with unbelievely g
Researchers involved in the usc dornside day break poll. Thank you for inviting me. Before we get into the experimental polling method, tell us, using that method right now, who would win the popular vote and who would win the Electoral College and hence the white house . We are actually part of a Research Team partnering with usc. Were skrg a panel of participants for their own intentions to vote and using several new methods were hoping the shed light on the election. In particular were asking people who they think their friends will vote for. According to this, biden still wins popular vote by a more narrow margin than most polls predict. When it comes to electoral votes, although our poll was not designed to do statelevel predictio predictions, there is a possibility that trump could win electoral vote or at least what were seeing is a very close race. All right. So i understand that unlike other polls where they kind of get at who would you vote for, youre asking, hey, who do you
Dont bet against progress thats the lesson for todays stock market where the gross name came roaring back the nasdaq surged 3. 85 . I know what you are thinking. It feels like the whole republic fringes. Well, excuse me. We are having one of the greatest rallies i have ever seen despite all the worries, the woes about the market tanking if Election Night was in indecisive indecisive like it or not, the people spoke. Whether biden or trump ends up on top, it looks like buy den right now. The democrats will have the house and the republicans will have the senate. At least two years of boring do nothing government even with the pandemic and the high unemployment and of course just kind of anger, americans seemed satisfy with the status q quo. They certainly dont want higher taxes. Something that would have been on the agenda if the socalled blue wave has washed in. Thats a big deal. I know based on the polling, i was worried what may happen to stock with a blue wave just stocks. I am sure
A new document released from the trumpet ministration is drawing criticism from china the white house publishing a National Strategy for critical and emerging technologies the plan claims to be a path for the u. S. To protect what it calls its Technology Advantage including Artificial Intelligence to quantum information from other countries in the document the white house says china is not only dedicating large amounts of resources in its pursuit to become the Global Leader in science and technology it is also targeting sources every United States and allied strength in 2017 china released a plan amy to be the world leader in ai by 2030 hoping to catch up to the u. S. By this year and now sweden and other u. S. Allies are backing away from by walk by products u. S. Has alleged the company poses security risks potentially being a tool in which beijing uses for spying but sweden is also home to ericsson one of wall weighs largest rivals Chinas Ministry of foreign. An affair spokesperson