Page 4 - Going Higher News Today

Because we lost control of covid19 today went higher. The the s p gaining and nasdaq gaining 1. 02 . Hospitality and leisure. Has the market lost its mind no we are dealing with cross currents any time stocks get hammered, it seems to trigger visceral vaccine reaction good news bails out. On the one hand we know the cavalry is not coming. It is going to be in the form of at least one, pfizer vaccine, wont reach us until spring. In the meantime the virus is out of control we had 162,000 cases yes...

At a record high for the dow the s p set a record high on friday up another 30 points and the nasdaq, an underperformer last week, is indicated up by close to 60 points stocks have been on a big run. If you look at last weeks returns the dow was up just over 4 last week the s p was up just over 2 . And the nasdaq was down only by half a percent you are talking about the third week out of four that is seeing negative returns and that has been the underperformer. Really across the board a lot of s...

The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you lo...

Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating esti...

Falling back boeing is providing an advance for the dow inlyft customers cancelling orders this year in light of the pandemic. It is up 5 as we speak, 59 minutes left on this session coming up, kyle bass will be with us to talk about the Election Results and how president elect biden will navigate americas complicated relationship with china. Plus an interview you will not want to miss we will hear from carlos ghosn whose scrape from japan to lebanon Drew International attention. We will hear hi...

Now they have financed raid alyea says he might be missing something about bitcoin. This is the learning curve of decline. People dismiss it, and then they notice the people around them getting rich. Like in this case, Paul Tudor Jones, whos also in connecticut stand up and druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really look at because i like great value now is doing for the very 1...

Well be on and bridge you all of the bring you all of the big headlines. First the november to remember dow surging towards best month since january 1987 s p and nasdaq handing in best work since april energy up more than 25 percent financials up more than 17 percent. Small caps, best month ever. Bulls werent hiding, check this out, each of the past four monday he got big vaccine news before the market open and look at diminishing returns, the market fell despite moderna requesting emergency use...

Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as we...

The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here....

Back in march, april the 2nd quarter of this year then followed Stan Druckenmiller and even probably about equal size hedge fund to Paul Tudor Jones, legendary as well as the last hedge fund standing. But of course, hes going to have to answer to his clients who are going to say, why shouldnt i pulled my money out of bridgewater, and give it to Paul Tudor Jones of stand talking miller, who are long bitcoin and seem to understand this new internet money plus raise havent horrible year is like dow...