Pretty true to form on this thanksgiving hence to be a positive bias. But nothing out of the mode for a moment here. And that was a few days ago. You know, not necessarily you might think so you kind of just, you know, get ab early slate there was a definite persistence to the quarterly strength. There is a dynamic though. Once it gets overbought, once sentiment gets overoptimistic as arguably it is right now, usually you can see the multiple times in recent years when the Fourth Quarter just melted up. And at some point nifrt few months of the next year, usually you have a little bit of a recession. Mike, see you soon. Malls may look a lot different compared to a normal black friday Bertha Coombs is live in new jersey with a closer look at whether people are showing up to shop in person at all. They are. Some people have shown up. Were coming off a record thanksgiving in terms of online sales with so many Stores Closed but today we found some folks lining up for door busters this morn
How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid levels and the valuations of industrial stocks are well above where they were based on expected earnings eight month
Im jon fortt. The dow is down. 5 with walgreens and boeing leading to the down side. The nasdaq still slightly in the green. Looking ahead to a huge week tech investors need to be watching cloud, software, devices, and fitness in cloud, the period beginning next week is a time of peak demand for amazon even more so this year. In software, retailers going to need targeting tools from Companies Like adobe to bring shoppers in and keep them loyal. Devices, pcs and con soles are going to keep us watching the likes of fit and in fitness in we cant hit the gym after all that pie, are we going to hit the peloton . Thats the question . Thats a good question. Or my personal favorite, a club row class. Its a good question, john particularly as the opportunity to go to a physical gym, that is diminishing as we see cases rise across the country and more restrictions or, you know, partial lockdowns. But as you lay out the themes, im thinking of some of the companies that have spent the last, you kn
People say droll powells untalented in worthless but you see how difficult it is to blast the money got it takes some skill they have to go to the college coming and. Join me every thursday on the alex simon show and ill be speaking to guest of the world of politics sport this list im showbusiness ill see you then. This is boom thats the one business show you cant afford to miss unfair montecito going to washington coming out the next president of the United States in jail and the tide it but it doesnt seem to bother wall street well explain the big rally for attack as the vote continue to mend. Fences on enjoying things today and california voters approve the proposition to keep mover and left drivers contractors will try to economics professor richard wolf about what this means for our faith we have a lot to get to so lets get started. U. S. President ial Election Results theyre still coming in with some pretty big states still in question and really its it seems like its too close t
Will talk to economics professor richard wolf about what this means for afaik we have a lot to get to so lets get started. U. S. President ial Election Results theyre still coming in with some pretty big states still in question and really its it seems like its too close to call but its one joins us hes going to walk us through then what do we have ok there will restart out now with some breaking news before we get into the numbers and the states of whats happening because apparently the Trump Campaign has filed 2 lawsuits in just the last hour one in the state of pennsylvania and one in the state of michigan in both cases they are asking judges to halt the count heres what theyre saying President Campaign says it is suing to temporarily stop the vote count in pennsylvania what are they saying theyre saying that the democratic Election Officials are hiding the ballot counting process from republican poll observers and that the campaign wants to temporarily halt the counting until there