We are just 43 days away from the most wonderful time of year. We found out today that the rally will continue into next year setting a year end target of 4300. The question tonight, is santa claus really coming to town or will the grinch steal christmas, guy . With you folks with kids in the room, i will give you a fut secon few seconds to have them lead. I am in the grinch box that was a great tune that bobby helms sang all of the great things, the market is still expensive. In terms of market cap gdp north of 175 which is by any metric the far end of the curve i dont see it getting there i have been wrong before and probably will began. But the vix cant correct all of the things going into january of next year. I am in the grinch camp but bore l Boris Karloff did a good job. Technology finished the day strong we saw a comeback of the trade that looked like it was unwinding. Yeah, may the winter war lock, the heat miser, snow miser, hear it, santa is coming. Its opposite day today re
Fighting to bring his daughter and grandson. Welcome u. S. Secretary of state mike peo is visiting denmark to try to persuade it to stop walk on the north stream to gas pipeline passing through its waters denmark has just given the go ahead for the work but pale hopes to get the danes to change their minds the u. S. Believes the pipeline to make germany dependent on russian gas. Eiffels last week that pompei or Want Companies involved in the project they would be subject to u. S. Penalties if they didnt hold fair work. On the baltic sea gas pipeline north stream 2 is still moving forward albeit slowly the u. S. Has threatened sanctions for Companies Participating in the project so right now there is just one russian ship laying the pipes for the remaining 160 kilometers. The pipeline runs parallel to the north stream one pipeline from russia to germany 1200 kilometers across the baltic once complete it will allow russia to supply double the current volume of gas the United States says
A few hostage taking ukraines president. To the governments demands that all the hostages were freed. Welcome u. S. Secretary of state mike is visiting denmark to try to persuade it to stop walk on the north stream to gas pipeline passing through its waters denmark has just given the go ahead for the work but hopes to get the danes to change their minds the u. S. Believes germany too dependent on russian gas. Last week pompei or warned Companies Working on the project they would be subject to u. S. Penalties if they didnt end that involvement. In the baltic sea gas pipeline north. Stream 2 is still moving forward albeit slowly the u. S. Has threatened sanctions for Companies Participating in the project so right now theres just one russian ship laying the pipes for the remaining 160 kilometers the pipeline runs parallel to the north stream one pipeline from russia to germany 1200 kilometers across the baltic once complete it will allow russia to supply double the current volume of gas
Lets go to kailey leinz. What ist to talk about leading todays session. It is big tech names like apple. Of course, they are heavy, seen insulated from any kind of virus resurgence. What is second to tech come underneath the surface of the s p, is utilities. Usually we see utilities getting a boost from lower yields that are kind of high dividend stocks. More the story is that it is summertime and things are starting to get hot. We are expecting temperatures over 100 and some parts of the american west. That is good for electricity companies, the likes of dominion higher between 2 and 5 . Stayathome Companies Like wayfair, a big beneficiary over the course of the pandemic. Other big beneficiaries have been range resources and of course oil companies. Wey are up around 200 as have seen oil recover from the negative pricings we saw a few months ago. Moderna as well. Really big news we have seen. We have also seen dramatic moves in the bond market. We have the fed coming in with unprecede
Its thursday, february 27th, 2020. Heres todays eyeopener. Your world in 90 seconds. Im going to be announcing exactly right now that im going to be putting our Vice President , mike pence, in charge. The Vice President is tapped to lead the coronavirus response. A patient in california may be the first in the country to contract the illness from unknown origins. Mass shooting at a brewery in milwaukee. The gunman was an employee who killed five workers before turning the gun on himself. This is an unthinkable tragedy for us. We have to restore the soul of america. Candidates are working overtime to win votes before the South Carolina primary. Enough is enough. Snow working through the great lakes. Its headed to the northeast. Bigtime lakeeffect snow. The mother of two missing kids is heading back to idaho. Lori vallow waived her right to an extradition hearing. Maria sharapova calling it game, set and match. Retiring from tennis. Police officer these turkeys came out of nowhere. All t