Change the outcome . Matthew whitaker in that. Bill barr is looking into election irregularities. I will ask former utah congressman Jason Chaffetz why it is so important to let the Legal Process continue. All that and so much more on making money. Charles so the stock market had been all about the have and havenots for couple years. More so this year with the work at home stocks taking off like into outer space but now tech source that sorely underperformed are surging, and doing it with the kind of vigor we normally associate with megagrowth stocks. The nasdaq came into the session up more than 30 for the year. Since october the story has been the small cap names. Russell has gone from the worse to the first, from worst to first over that short period of time. Many investor are saying stop the crazy stock market. I want to get off. Should they instead rotate into the beaten down names instead . Lets ask bny alicia left convening, Michelle Snyder and bellpointe chief strategist, david
Screen is driven by not the feds comments, a little boring with the zoom box or retail sales that we got or housing numbers. But what is happening at the mornings Research Meetings all over the country today where the down gained 37 points and the s p dipped and the nasdaq lost 1. 25 . More on that later today seemed like it was dominated by the fed in the amazing snow flake ipo and as someone that helped bring the microsoft ipo to goldman sachs, i know a big deal when i see one. More on the demons the deal unleashed. We had a nice rally going today and thats about what is going on behind the scenes every morning they have a meeting where they pitch the sales force on individual stocks and entire industries as buys or holds or very rarely sells after the pandemic got rolling, almost every piece of research that came out cut numbers. For individual companies and suggested the situation would get worse. The conclusion ive never seen so many sell eric men dae eric men dae er recommendatio
Blib rated and driving you bonkers. Ive been telling you to keep your money in a barbell. Tech plays soaring and some recovery stocks that rally when we feel more come nfident abouth future today the covid winners got hammered but the recovery stocks roared transports, travel, leisure, aerospace, retail dow surging 358 points and s p advancing what a streak. The tech heavy nasdaq losing. 39 . If you own none of these winners, you had a miserable day. If you follow my barbell advice you offset losses with good gains from the most beaten down parts of the market. Why is this so important why does it matter you protect your portfolio from a group that made you a ton of money . You need to understand something about portfolio management, a skill i spent 40 years learning i try to teach every day think of this show as a continuing Education Course for both of us for years some of the smartest people are preaching the same gospel its a fools game and impossible to consistently beat the marke
After their historic splash down in the gulf of mexico, the u. S. Astronauts on the first commercial space craft reveal what it was like in that capsule. And the prank calls they made while waiting. Plus end of an era. The Oldest Department store in the country filing for bankruptcy. The new buzz about socalled murder hornets. The New Discovery that has experts worried. A new option for people looking to cool off while keeping their distance. Renting a pool. To cool off while keeping their distance. Renting a pool. Good monday morning. Thank you for joining us. We begin with that Weather Threat unfolding for millions of people. Isaias is expected to make landfall in the u. S. Potentially as a hurricane. On the radar right now the storm is swirling just off the florida coast packing winds of up to 70 miles an hour. The storm clobbered the bahamas over the weekend and storm watches and warnings exnd the way to rho gland kea close e on isaias wh e storm crawling up the east coast. The sto
Result of arson fires. And coronavirus takes out the countrys Oldest Department store chain. Liquidation sale signs could be seen on lord taylor locations yesterday. The nearly 200yearold Company Announcing its declared bankruptcy. Those are some of our top stories on this monday, august 3rd. Thank you for joining us. Hope you had a good weekend. Lots of news to get to. Were beginning this half hour with the possible hurricane heading for landfall in North Carolina. Residents and President Trump has already approved a disaster declaration for parts of the state. Isaias is a Strong Tropical Storm and heading northnorthwest. Before its done it will bring as much as six inches of rain to North Carolina. Reporter josh chapin is there. Reporter beachgoers raving about the weekends weather even as a storm threatens this beach town again. For Tropical Storms, we have to look at the totality of impacts. Reporter New Hanover County Emergency Management is not yet calling for evacuations. For ea