This just a correction or is there Something Else more insidious involved . I wouldnt use the c word. I would say this is profittaking pullback. That is all this is. Remember, the nasdaq, top 100, ndx were up 75 straight up off the lows. Even after this pullback were off 10 from the highs, theyre sill up 66 . Looking at the s p, right now as it stands is 50 off that march bottom. So the end is not near. This is just a profittaking pullback. This same situation is in place. Lets see how things react. Even with today, were only down 3 in tech. That is not much at all. What i like to see with vix. The vix has a lower high than it had on friday even though the s p had a lower low. That is very much a positive. David jonathan what do you think . The end is not here. This is just a pullback. We could be way up again momentarily after the pullback is finished. What do you think . Put me in the bear camp, you have 80 new, 20day highs, excuse me, only 8020day lows. And the pendulum is to the be
Talk about a uturn, we had a swing from high to low, 875 points on the Dow Jones Industrial average and it closed at about 160. The nasdaq at one point down 582 and at the close the nasdaq is off of about 140 points. It is down maybe 702 days which is pretty intense and you can finally see the s p 500 down not even 8 or 28 points. Why the selloff, why the rally back, as for the cello question the wall street journal was reporting a jump in trading volumes and options that are linked to Technology Companies and as for the uturn major rent from the record that we had on wednesday and that mightve been overdone with that technology. Delete they come back mainly apple, it was down over 8 at the lot but in did hire a bit and it averted a threeday losing streak, other tech names, the work from home stuff, they did continue to get humbled suggesting that investors are betting on the economy reopening a little bit. Look at that down about 5 tod today, with the economy reopening you have airlin
Berlin and this is the day. Weve. Done. My world i dont care. Thing is certain to be European Solidarity which must be proved in practice. Beyond. Beyond the old out. Based on have to fight to finally get. A few asylum policy. For migration. But. Also on the day a russians vote invades no elections on sunday but can anyone putins United Russia Party opposition politicians thinks he can turn the tables and not novosti b. S. United russia has a thin majority here if we can break the majority of us there is convincing sample for the rest of the country if you consolidate forces and go to the ballot box you contingent the situation and destroy their monopoly. To begin today with a story of desperate people from distant countries whose lives big. Even worse this week woman due to give birth any day and a 3 week old baby are among the thousands of people left homeless by the fire of the marri a migrant camp on the greek island of lesbos greece has provided a ferry to have some of the refugee
Is remembering the 2001 september 11th terror attacks commemorations have been scaled down because of the coronavirus democratic president ial candidate joe biden joined victims families at the 911 memorial in new york city President Trump went to the site in shanksville pennsylvania where one of the hijacked planes crashed. Hundreds of refugees on the greek island of lesbos have staged a protest demanding to leave this follows a massive fire and choose day that destroyed the morea migrant camp leaving more than 12000 people homeless the greek government has been scrambling to build new accommodation. This is news from berlin follow us on twitter and instagram at the news or visit our website w dot com. Thousands of people being held in greece is squalid morea migrant camp for now find that desperate situation is even worse after fires destroyed the camp this week those fires have also rig night at the debate that has plagued a you for 5 years what to do about them and the thousands of
With life programming. Please consider donating to help us continue our work. Please visit us at commonwealth club. You can find us and the description box below. Welcome to todays virtual program. I served as a supervisor in the city and county and most recently at the california director for bernie 2020 where i could work very close with sean campaigning for senator sanders. Theres not too many things more that scare me than writing a book. [laughter] and how to fight injustice. Sean will share with us a little bit about his journey and if you have a question and then reserve time at the end. And those that can order on the link that commonwealth put up but we encourage you so what the process was like theres nothing more difficult than telling your own story. We originally planned on doing this as a live event back in may with my book coming out in april. I love the bay and so many of my closest friends are there. We have five kids. We had all taken off of work and school and going