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Steepening and broadening and a lot more this is one of those rallies that not only is taking people by surprise, but continues to roll and were seeing major gap ups i was mentioning on squawk major gap ups in the morning more of the 1980s action and its very interesting because stan talked about his views of the 1980s and theyre pertinent as ever. We have incredible and we have a president who wants new highs and we have stocks that are recovering well ahead of the fundamentals but some people ...

By protest irs after days of clashes with Police Following the death of george floyd. The socalled no cop coop has set up tensions and a tfocksurog seattles Capitol Hill Police precinct free of cops and occupied by activists, people the president labels anarchist and domestic terrorists. The group set up a perimeter and declared it an autonomous zone four days ago. Thats when, in an effort to deescalate tensions with protesters, police left the area. Its a scene reminiscent of new yorks 2011 occ...

Know, ive been long microsoft, long apple, and long amazon. Well, given where we are, giving that we are seeing a bit of a surge in cases for covid19 in texas and in florida, given that we have a Federal Reserve meeting i have too much risk exposure out there so i identify these three companies, scott i say to myself, given the significant price appreciation, which Management Team do i trust most, to be most judicious which is cash, and history will show that amazon is liberal in terms of spendi...

Cases continue to surge at home and abroad. The World Health Organization reports a oneday high for global infection. Japan plans to pitch for ancial workers under g workers uneasy about their future. Lets take a look about a look at how markets are setting up. Asian risk assets likely to see a selfstarter this monday as a sections are weighed up against improving Economic Data. We have a calendar today with hong kong pmi and indonesian Consumer Confidence on cap. Kiwi stocks, little change. Flu...

Theres the dow. Its a gain of 242 points. 3208 for the s p nearly onehalf of 1 . Nasdaq there at 9840 liz young, i want to go to you first. For somebody who has been uneasy over the run of this thing, what do you say now i remember our conversations about too far, too fast and now here we are. What to you do this is one of those weeks. Last week was one of those weeks that makes you really be humble as a Market Participant. The narratives have shifted. Now its shifted to participate in the resta...

Runs here. They were safe bets and safe harbors in the middle of that whole virus storm. Apparently proving that even after the fact right now. The point in the selloff, everyone was abandoning stocks, no matter what their business prospects, how many regret doing that now . Knowing that all of those issues have come storming back, in fact race to highs beyond their old highs. And, look at the dow, look at s p 500. Even with the selloff here, five, six Percentage Points away from alltime highs. ...

Hitting an alltime high yesterday continues the momentum up another 37 points on futures this morning on nasdaq. Meanwhile investigating the origins of the russia probe as you could see the nasdaq is alltime high yesterday and general attorney general bill barr saying hes trouble of what has been called to his attention so far. We are waiting on criminal investigation by john durham and added that americans will be able to recognize some of the names under investigation as part of ongoing probe,...

Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around ...

Amazon apple and microsoft with a run clipped midday when the fed chair said he wasnt thinking about thinking about raising rates. Does zero forever, what does that mean for this rally at this point . Well, it means, you know, everybody said it so much splitting the at tom here. Weve very much gone the route of japan i think its absolute madness. I have no idea why he count hld have just said we remain data dependent and thats it. Ill say this, that to me seems to be the same autopilot today sta...

Move even farther left, but that is exact exactly what they want their leaders to do. And selfing righteous protesters and agitators pushing the left ageneral da, and at the top of that agenda, Defunding Police departments. President trump making it clear he will not permit lawlessness in this country and now reminding everybody as we approach election day that he is the law and order president. Within the past hour, President Trump had a round table discussion with africanamerican leaders. The ...