Page 5 - First Tranche News Today

On the walls check out my twitter feed. See all the ridiculous speculative names people hope ill mention or pump same deal, no earnings, but right on stocks. These are textbook signs of what we call froth. Thats what this is. Its froth and you know what . All the froth got crushed today. Dow plunging 517 points, s p plummeting 117 , nasdaq nose diving 1. 55 not bad for an amateur so whats become too riskier let me give you an example last night kind of cool. We had novavax on, hottest stock on t...

Last ten minutes or so and finally, optimism around the possibility of new stimulus. All of that helping the market up about 1 on the s p 500 as we stand. Coming up on todays show, big moves in the banks space and Goldman Sachs is bringing workers back to the office well talk about that with the president and ceo john waldron and Michael Novogratz will lay out the risks he sees. Mike santoli is tracking the Market Action and a pair of key faang names holding their annual meetings as tech underpe...

Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up ...

Keep their employees on staff, lenders were met with error messages and a frozen sba site. Former ubs america chairman and ceo robert wolf on how both banks and the government can salvage the reputational damage. We will get some numbers and bring them to you and of course, the president as well. We are one hour away from starbucks first, as we are calling it, covid Quarterly Earnings report. Board member clara shy on what investors can learn from starbucks china reopening plus how her company t...

Front. Showing millions of jobs lost. Well see more with the jobless claim number and tomorrow with the number from the government dow looks to be up 260 s p up by 34 and nasdaq up by 118. We are getting competing views jobless numbers we know are bad. Then you see oil prices that tell you where things may be headed prices may be up again gain of 7. 3 this shows you maybe things are starting to pick up around the globe. Maybe that demand is coming back that may be something to hang your hat on. ...

Well as in london. We begin with a biggie week a busy week for Central Banks. Bank of japan says they will take on unlimited buying of Government Bonds, lifting the cap also on corporate holdings. I, he joins us now. , kitchen sink, we are still throwing it. Michael Central Banks are all as string the question of what you do when you have throwing the kitchen sink. In the back of japans case, you just make the sink a little bigger. The bank of japan already has negative rates, Corporate Bond and...

Again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three n...

Spkr. Pelosi good afternoon. Here we are in our new arrangement of social distancing. Thank you for being here. It is a very important day for us for a number of reasons. It is heartbreaking, but we have passed the milestone of one Million People in our country who are sick, and nearly 60,000 who have died from the coronavirus. The American People expect congress to do all that we can to protect the lives, the livelihood, and the life of our democracy in what we do here. And they expect us to en...

Attention to the virus to aid in war against the pandemic, live tomorrow morning for special interview you dont want to miss. Do stay with us for that. This morning pointing to higher opening. Take a look at future, up better 250 points on dow industrials, s p is up 29 and nasdaq higher by 116 this morning, this after the dow, nasdaq, s p ended down last week. As you can see better in the dow and s p. Google parent alphabet, microsoft, facebook, amazon, Technology Names reporting earnings this w...

That could be delay ad little bit. May 15th, on time could be pushed back a little bit for presumably that portion of new york. He doesnt spell it out. The fact that he was talking about maybe having the state sort of bifurcate a little bit open up sooner up state than down state, saying the may 15th deadline is moving target for down state that includes the worlds Financial Center and that is going to be a big issue. Well see how all of that goes. Well hear very soon from new Jersey Governor Ph...