S p up over half a percent the nasdaq tipping between negative and positive in the last few hours, and right now its fractional lehigher, and the dow fractionally higher. Its a larger conversation this is about mega caps as well, because tesla is down 9 over the course of the last five days and apple down over the last five days. The way the strategy owns apple and tesla, i like it were equal weighted we dont have the significant exposure i think thats an important question for investors right now, what is your actual exposure in your portfolio to the mega caps, because as it rallied it has statistically grown further. I believe in being equally cap weighted and now specific to the fund mentals and the technicals of apple, where are we right now with apple we are pulling back within the critical moving averages were all the way back to where we were on Worldwide Developers Conference Day that monday in early june. We have erased all the gains back to there. Structurally from a technica
I always hear people talk about what is working at the moment. In the old days when the great rule the mornings, i remember each time i cohosted he would introduce me as reverend jim bob of the church of whats happening now. It was fun. It seemed like everyone was running their own personal hedge fund. It was an understanding that a stock could be huge today and gone tomorrow and everyone was fine with it. Those days are over. If you recommend a stock for trade, even if you say buy it today for the Analyst Meeting tomorrow and you so, there is always video, youtube kicking around shows you liked the stock that you never gave the call. We have gone beyond that, we are educating you to be a better investor, the same thing we do every day at a higher intense level. Tonight i want to introduce you to the concept that is so important, it is called suit ability. What works for you, what is right for you, not for this month for your ge. I did not think about suitability when i was in training
Good friday morning, everybody. I am erica hill with rahel solomon. Poppy harlow is off today. Nice to be friday. Isnt it . We are here for that. Five things to know for this friday. June 2nd, the Debt Ceiling Bill on its way to President Bidens desk and once signed the threat of a u. S. Default is off the table until after the 2024 election. Also, new questions this morning about that partial Building Collapse in davenport, iowa. Just days before the wall came Crashing Down an Engineering Firm said, quote, bricks appear ready to fall imminently. You can see the gap in the new pictures. Three people are still missing. The former president now responding to reporting that they have him on tape. The Denver Nuggets one step closer to making franchise history after beating the miami heat, they are up taking the first game in the nba finals. An Eighth Grader crowned the new National Spelling bee champ. We will put him to the test when he joins us live on cnn this morning which starts right
Graduation gunfire and a Community Conversation asking why in oakland. Were live. Hang in there terry, call if you need mega, money, clothes, food, all your love. Neighbors showing the best of the bay in response to painful loss. An update in the story of a dog walker dealing with tough times. Did not. He asked me at practice one day and i had to search it up. East bay teens stars and stones across a very big pond. We cheer them all the way to london. He said big responsibility first. I hope i may i can make everyone proud. And carnaval in the mission. Meet the royalty leading the way in a quintessential bay area celebration. All hail the kings and the queens of the weekend. Good morning, everybody. Im reed cowan. So nice to have you with us this morning. Yes it is. Im Gianna Franco and it is going to be a long week and a lot of people getting ready to get out of town ready memorial day so you are probably wondering how am i going to pack and what am i going to do if im hanging around
In front of your own home on a street. Shooting someone seven times at close range, this was definitely an execution. Love will make you do some crazy things. You take obsessive love. She wasnt sleeping. She was scared a lot of the times they were going to come for her overnight. You put it together with obsessive hate. And then it starts getting darker and darker. Its diabolical. The past has a way of catching up with you. Everything that you knew, out the window. I have not been involved in a case that had more twists and turns than this particular case. Every time you peel back a lie, theres another lie right underneath. Thats a smoking gun if you ever could get one. You cannot make this up. Its a beautiful the sun is shining so lets go out to play four states now seeing their worst covid surge. Hurricane delta barreling toward the gulf coast. Good morning america. Oh its a Beautiful Day today its a Beautiful Day just after 7 30 in the morning, on a bright sunny day, most people wer