Page 82 - Third Quarter News Today

Here all three of them in the red today. As you just saw the dow finishing down 130. The s p down 28, the nasdaq down 140. We were concerned it was going to slip further into correction territory. Did not do that but not by a lot, my friends. What was going on there . Big tech, momentum stocks having the most trouble here today as we start to think about the recovery, is it real, whats going on with the concerns that the improvement in the economy may not be what we need . The momentum stocks, a...

News on the banks. We were discussing on closing bell the banks finding out this evening what this extra stress tests theyll go through this fall will be there will be two severe recessions it will be tested against as opposed to normally one. Its possible we could interpret those severe recessions as not as bad as they could have been june saw unemployment spiking to 10 . This test has two versions one is that it spikes to 12. 5 and then dips more quickly to 7 7. 5 both of those factors perhaps...

And tech is staging a comeback, or at least it was, after yesterdays big losses well off the highs. Another brutal day of nikola the first sell rating on wall street and colorados governor warning of a potential wave of Coronavirus Infections the governor will join us with the new measures he is taking to try to stop the spread first up, lets focus on the big stories were watching one hour left of trade we have the latest on the stimulus stalemate in washington a half hearted bounce this morning...

This hearing will come to order. Todays hearing is a hybrid format. And the hearing room has been configured to maintain the recommendedf foot social distancing between senators and other individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it ...

Watch. Give us your reaction to what were hearing from bob woodward. Despite what you heard on that tape, they began to move the operation of government, they ultimately mobilized private industry to have ventilators, at one time there was a real fear we would have a shortage of those. Going to have a vaccine faster than anytime in the history of the world. Maria your reaction to this pause in the Covid Vaccine at astrazeneca. Well, you know, this is one of the reasons why Clinical Trials are do...

Economic rebound from the china virus pandemic is accelerating much faster than the negative radical dems and their president ial nominee, the rinos wall street or anyone in the leftwing is this press suggested even possible. Under President Trump leadership america has added over 10 million new jobs over the past four months. The sectors with the best job gains retail, leisure and hospitality, healthcare and yes manufacturing. President trump today in the white house making it clear that he is ...

As we begin Labor Day Weekend, americas unprecedented economic recovery continues. You see what is going on. It has been pretty amazing. The United States Economy Today announced this morning 1. 4 million jobs last month, bringing the total to over 10. 6 million jobs created in just four months. Million jobs last month, bringing the total to over 10. 6 million jobs created in just four months. Thats a record by far. In august, we added 249,000 retail jobs, 174,000 leisure and hospitality jobs, a...

Rounding the corner based upon the projection . If i did not close up our country, if i did not stop china highly infected from coming in, for did not stop europe from coming in far sooner than anybody else including dr. Fauci and others wanted to in dr. Fauci was very nice. He said President Trump made a great decision, we would have far more than that. But maybe even more importantly if i did not close up instead of the number that you mentioned or whatever it may be about 180, we would have o...

Selloff, but stocks will open lower this morning. Disappointing housing numbers really not helping, the dows looking for a loss of 370 points. Thats quite a drop right there. S p down 58, nasdaq down 288. A lot of red ink on the lefthand side of the screen. By the way, 860,000 jobless claims this week, thats the lowest number since march the 14th. All right, there is a mask and vaccine fought. President trump saws well have 100,000 next doses. That will be super fast. The cdc says, hold on, youl...

Stimulus package to stave the stock market thats ridiculous. Today, we got an idea what happens if theres no grants as far as the stock market is concerned, its not that big a deal the dow gained 52 points, s p inched up, nasdaq advanced i dont want a stimulus package to save the stock market, i want a stimulus package to save an industry i know all too well, the hospitality industry, which i can tell you from my ownership stakes, is getting destroyed by the pandemic millions of jobs are on the ...