Page 6 - Point Stuart News Today

s&p up eight the nasdaq 16-point that lead is beginning to narrow a little. it still seems like this market just wants to go up. youre going to be hearing a lot from the president today. hes already spoken to the national prayer roughest. twelve noon, the president response to his acquittal on the impeachment charges. his writing height. the economy is booming. the democrats depressed by the iowa debacle. a very we could turn out there. and the dismal fourth-place finish for joe biden,...

250 points at the opening bell. nice gain for the s&p. 100 points gain for the nasdaq. you are going to see more new records today, especially for big tech. amazing but true. now heres what everybody is really talking about this morning. a bitter, bitter nancy pelosi ripping up the presidents state of the union speech, with the whole world watching. literally, very publicly ripping it up. before that, she rolled her eyes, she shook her head, she fidgeted, she looked down just as the ...

dropped 7.7%. here, the market shows a very modest rebound from the 600-point loss friday. little perspective, were still well above the 28,000 mark but we have taken a hit from the virus. as of this morning, the dow will go back up again maybe 130 points, down 600 friday, remember. the s&p up maybe 17 and the nasdaq, what, about 59, 60 points. so weve got a rebound in progress. now look at apple. i believe its down just a fraction. $2.69. its closing all its stores in china and some...

why? well, look, there are a lot of positives there today. another virus drug goes into final clinical trials, and the fda gives fast track authority to vaccines. any good vaccine news, market likes it. the stock splits of apple and tesla producing more gains for those two key stocks. more on that in a moment. and the administration appears to want a $1.3 trillion virus aid package. thats helping. and maybe this too helping stocks, whats that? the democrats getting nervous about joe bi...

Want to get this done before roy moore or his democrat opponent takes the Alabama Senate seat on december 22nd. It is going to be very tight. There will be wheeling and dealing for every vote. Here is my opinion, we will get a tax cut deal done because i cant believe the Republican Party will say no and selfdestruct. Today, by the way, Goldman Sachs say the economies next year will be surprisingly strong, a separate goldman reports says wages will rise next year. Dont forget keith parker, at ubs...

Now investors, well, they like all of this, apparently, new records for stocks across the board yesterday and those high levels will be held this morning. No retreat maybe a marginal gain again. The improving vote count for tax cuts does go down well on wall street. Theres another huge black eye for uber, they were hacked. Information on 57 million customers got out, uber delayed a year before telling the world and they spent a 100,000 bucks to keep it quiet for so long, thats not good. As you c...

Today, number two, 60 million worth of bitcoins were stole from a Bitcoin Wallet. Bitcoin is not immune to hackers and once they are gone, you cant get them back, think about that. Politics, senator franken will make a statement on the senate floor today, lost support of most fellow democrats, will he resign, dont know. Will he respond to Sexual Harassment charges against him, we dont know that either. When he speaks, you will see and hear it. Veterany company is about to Varney Company is about...

Today. I lost count of number of record hit since trump took oval office. Got to mention bitcoin. Talk about volatility . Up and down thousands of dollars per hour, right now the price top of the screen in the middle, 15,575,000 per bitcoin. Got it. Politics, you will hear the words due process a lot. Two highprofile departures for alleged sexual misconduct. Trent franks, arizona republican, he asked two female staffers about being surrogate mothers. He is out. Harold ford, high level wall stree...

Futures up 50 points before the incident, then we dropped to a minus 35 minus 10, now pretty much a recovery, we are up 40 points at the opening bell, there was no impact at all on bitcoin, that is about as volatile market you can get no impact, futures trading began yesterday on cbo global marketplace started 15,000 as there are now the price is around 16,000 dollars. Of them bitcoin perhaps gained some respectability now that traded on established Exchange Price action huge up and down moves, ...

Benefits of tax cuts of bonuses, higher wages, more hiring in more investment. Its the great corporate pass through. More announcements are likely. Tax cuts showing positive economic results. Democrats are still making some very dubious claims. For example, nancy pelosi says raises taxes on 86 million middleclass families. That is factually wrong. It is dishonest political spin. The left plans a yearlong allout attack like about when you just saw. Investors clearly approve however the tax cuts a...