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Close down 257 points. S p fell, nasdaq lost 1. 87 . I think that rally that took peoples breath away was started with short sellers who were covering or closing out the positions. Theyre getting concerned that the Drug Companies working on the drugs that would lessen the lethality of corona may have had success. Fear is more powerful. But this is driven by a justifiable fear coupled with the fear of catching it yourself its threatening to bring commerce to a full stop. Aside from the pallets of...

Bullish analyst note down 26 points on the dow. Cash flow marj j. Stock up as we said 10. 3 the session was 109 at about in terms of the deliveries, what 11 00 a. M. Are you looking out for on that joining us for the first hour of the show, steve weiss from short tascha well we already have the delivery numbers hills capitals partners. So we know that those came in slightly below estimates steve, earnings so far have been they were about 97 now compared good, bad, mediocre . To say 99. Is that t...

The other kind of baby i love my kids, but i especially love them now that they are adul adults this market is not an adult. Its a whalie wailing crying in. As it gets its way, its never content. After a day where the averages seesawed up and down, a classic past time for small children with the dow slipping 121 points and s p declining and nasdaq shedding 4. 3 , what does this darn baby want whats the pacifer that will smash your stocks . This is not an ordinary baby its like a bear cub and can...

Occasional buy opportunity it does exist. But the window closes so fast, that if you blink, you will miss it still, if youre ready to pass, you can pick up some high quality stocks at discounted prices the dow briefly went into the red rebounding to close up 143 points you had it in your grasp when the market opened. Yet, markets dont go up in a straight line. You still get dips but it is frustrating. No dips whatsoever the stock of netflix as analyst after analyst raised projection after projec...

Called them breath taking. They really are, because whats happened is theres a recognition that perhaps there is a cycle dynamic that had been hung up. There are a couple of stocks that really did matter micron, lamb research, companies we thought they were going to peak and i was asked what do i have to do that we shouldnt be at 13 times earnings and how do i explain to people that the cycles should be longer and the reason why thats not the case is the data center ive had everyone from the rea...

Look across the pond its a mixed pictures over there. The tenyear note yield. We have some employment data, there is the 232 our road map starts with wall streets record run. U. S. Stock futures pointing to a higher open, the s p at its longe streak of records now in 20 years. Plus delivery wars u. P. S. And fedex shares are following on reports that amazon is testing its own Delivery Service. And bill ackman rumphing up his push for changes at adp, well hear why he thinking that company could b...

Two categories. Interest on the federal debt and mandatory payments on entitlements. That doesnt leave a lot for public investment. And clearly does not drive private investment. Working on shortterm activity right now and monitoring very closely. You are following the economy right now which is you suggested is doing very well and yet i think a lot of us would disagree. On one quarter hardly seems appropriate. Even its trouble or double or even triple we will not grow our way out of our crisis ...

Morning. It was just a side street and not on the schuylkill expressway. I had my husband drive me in because that is how bad our neighborhood was. I dont even have one of those. Well, he comes in handy once in a while. He is wonderful. Thank goodness. You know what, it says it is 48 degrees, in philadelphia a right now, temperatures are zooming up, apparently but what we dont have is any precipitation falling in the metro area at the moment, so, it is, all moved to the north and west but having...

Wrote a letter to the wall street journal comparing the war on the richest one percent in america to be persecution of i germany. Z he joined me to apologize for the comparison, but not the message. Perhaps the most talked about part of that conversation was his watch. Take a listen. They got into a conversation about the idiocy of rolex watches. Why does any man need a rolex watch . It is a symbol of terrible values, etc. Well, i think that is a little silly. This is not a rolex. I could buy a ...

Tom perkins, the cofounder of geithner perkins, wrote a letter to the wall street journal, comparing the war on the richest one percent in america to the persecution of jews in nazi germany. He joined me to apologize for that comparison, but not the message. Perhaps the most talked about part of that conversation was his watch. Take a listen. They got into a conversation about the idiocy of rolex watches. Why does any man need a rolex watch . It is a symbol of terrible values, etc. Well, i think...