Page 4 - Tom Lee News Today

Secretary talks to cnbc moments ago. Shares of Morgan Stanley are slightly lower, it would appear, ahead of the open. The bank topped revenue estimates by a billion on what was stronger than expected trading revenues and ev price war elon musk cutting the cost of teslas model s for a second time in one week, carl meantime, guys, got to take stock of this selloff here in the premarket, jim general take this morning is that the market is now catching up to what we know has been a problem in europe...

Were following all of that today. Well get to the markets in a moment we do begin with our top story the president and first lady testing positive for the coronavirus. Our shep smith joining us with the latest its news on the east coast here is the news the president and first lady are positive for covid19. The first lady reports she has mild symptoms but feels good the white house says the president has mild symptoms. President trump is in good spirit ossen ca spirtss on a call this morning. Pr...

Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hi...

All right, welcome everybody to power lunch. Kevin is with us dominic too. Welcome, dom good to see you. Here is whats on tap. Stocks are at session highs right now after four weeks of losses the dow is up 500 points both the dow and s p on track for their biggest two day gains since june high stakes stimulus how Speaker Pelosi says she thinks, think, republicans and democrats can get a deal done before the election and tom lee says thats just one reason to buy stocks he will join us very shortl...

Questions, i think, heading into this new month is can big tech stage a big rebound because september was fairly dismal. Apple was down more than 10 alphabet down 10 microsoft down almost 7. Amazon down almost 9 facebook down 10 y do you see all those pull backs represent consolidation. That up trend remains thoroughly undisturbed. I really dont think profit taking and consolidation the month of september end up being meaningful i could be wrong thats the way i would think about it 42 of stocks ...

Still lots of questions swirling an tech. Does the turbulent in tech continue, do you think by the way, value has been leading lately and thats a story in and of itself yeah. You know, a whole host of folks said that would happen, eventually, scott. From tom lee to Larry Mcdonald and so forth i dont think the story is over for tech you and i talked about that monday i said i think that we are unlikely to test significantly lower in tech. Yet, here apple is back down on the lows of the last sever...

Joe, whats this about what do you think is going on in the market, joe . I think this is an asbestos luts perfect technical correction that were experiencing and we have been experiencing from the beginning of the month i talked about it with you i dont think the time is now to be stepping in and thinking that its over. I agree with your opening. Tlp is further weakness that lies ahead for the market. Lets keep in mind theres significant weakness in germany. I know jim talked about apple being h...

Things that you did in the market today you bought walmart and mic microsoft. Why are you putting money to work in those stocks now why am i putting money to work and then ill get to those stocks we had had a 10 correction. You know ive held cash for a little while im not the onlywaiting for a correction i still have some cash but, look, for this to get worse than a correction, maybe it goes down 12, 13 . I dont know if it to get worse you have to think the fed is ineffective and the cash on the...

This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple a...

You cant wait for this one. The democrats continue to be appalled at idea of cutting funds for the most h post office by not for police. Nancy pelosi calling back but not for stimulus. Get reaction from liz peek. Bernie sanders gets the spotlight tonight and well have a live preview. I will get reaction from sean hannity later in the show. All that and more on making money. Charles we start the week back at s p 3393 watch. 3393, keep that number in mind. But the megacap Growth Stocks leading the...