Options action starts now. Lets get to it. Next week kicks off another round of earnings with beyond meat, uber, and General Motors on deck. Carter worth said there may be some opportunity lurking in the payment space as paypal gears up to report. So, carter, what are you seeing in the charts . You bet. A couple of charts first, the set up is paypal for a breakout to new highs. Its right at the set up is perfect. The first chart, take a look at the symmetry of this circumstance you have a 23 , 23day plunge, a 23day ricochet. You start at 124, you drop to 82, you go right back to 124, so again, a 35 decline, which you can see there, 51 rally, all very symmetric in terms of price and time and here we are right back at the time look at the second chart, this pulls it back a bit longer. Look at the authority of this level the stock has approached this and re approached this, and this is a perfect kind of set up for a news related break out earnings and earnings are coming next week. The ot
Another beyond meat and uber on deck what are you seeing in the which thes you bet. A couple of charts first, the set up is paypal for a breakout to new highs. Its right at the set up is perfect. The first chart, take a look at the symmetry of this circumstance you have a 23 , 23day plunge, a 23day ricochet. You start at 124, you drop to 82, you go right back to 124, so again, a 35 decline, which you can see there, 51 rally, all very symmetric in terms of price and time and here we are right back at the time look at the second chart, this pulls it back a bit longer. Look at the authority of this level the stock has approached this and re approached this, and this is a perfect kind of set up for a news related break out earnings and earnings are coming next week. The other thing i would point out of course is how its relative performance is done the next chart is a twopanel chart and this also is important. Pay pal, you can see on the bottom panel, its relative performance has already b
Is when Prime Minister netanyahu faces a challenge up to the leadership of the party after failing to form a government. Lets talk about trade and not the usual tensions between the u. S. And china. There is escalation cost true trade wars two trade wars. Move is cutting tariffs, a partly aimed at expanding imports. The news comes as beijing and washington work to finalize the signing of the first phase of the trade deal next month. Japan and south korea agree to negotiate on export controls. President moon jaein and Prime Minister shinzo abe will meet for bilateral talks i tuesday, tomorrow. Joining us to discuss in more detail, bloombergs executive editor for Greater China john liu. Why is china cutting tariffs now . Remind us the process involved. John some of the products include pork, which is important to china. There has been a shortage domestically and we are coming up on chinese new year, peak season for me demand. Getting imports will be very helpful for president xi jinping
Parking, all of those things. And so i welcome this. And i hope we do it. Thank you. Commissioner richards. So just to be clear its nothing that you just said that i would say i violently disagree with. I did meet with supervisor moore a couple weeks ago and he asked to meet with me because when i first met him i said you should take the reigns and show sacramento that we are doing something. But i said to him two weeks ago we need to be careful that if you do things that there is some type of protection that we dont do something and then all of a sudden something rolls over us and everything that we did actually was more not because now theres some new mandate out of sacramento. We spent weeks years, on the market octavia plan. We designed it, 45 feet in the middle of the block, 55 feet at the end of the block. Got 85 feet in the middle of the block now. These are the kinds of things im talking about. We got to be careful. Thats all im saying. Thank you. Let me just add one more thing
Member in minneapolis minnesota as they began their conversation about eliminating Single Family homes that said something that resonated with me that there are a ton of places that it makes sense not to add density. There are rural communities. We have farmland we need to protect. But to expect San Francisco california, to be that place it just doesnt make any sense. And so while conversations will continue to happen at the state, i think the reallocation process going on now is fascinating. Its fascinating what happened in Southern California when you have bedroom communities having allocations going from 15 to 1500 over the next cycle. What that means for people who havent done their fair share, because this is not a San Francisco problem. This is a bay area problem, a california problem, frankly its a problem we have in our country. I know some of you are excited to see the housing was asked during the debate last time for the first time something we need to talk about. We are exci