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Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks ive been through the banks and i know dave and i talk about this all the time, they are incredibly complex beasts, they are not like, oh, tesla, hot and when i first went over them i thought they looked pretty good but already theyre reversing. This is not an uncommon pattern as people find one line or two line that they dont like and then they sell these stocks. David, its happening once again. You know that these banks could have had litter ....
And meet canadas new Prime Minister. We take a look at what canadiens and the world can expect. China and taiwan have announced that historic talks between their leaders will take place in singapore on saturday. It will be the first such meeting since the end of a civil war in 1949. Taiwan split from china when national assists fled there after defeat by the communists in the conflict. Taiwan is recognized as an independent state by 21 u. N. Member states and the vatican. China considers the islands its territory. And says it should be under beijings control. Taiwans president has been friendly to china since he came to power in 2008. But his Spokesman Says no breakthrough is expected at the meeting. Translator she will exchange views on issues such as politing peace across the trades and maintaining the status quo across the straight. There will be no deal signed and no join ....
there is no big issue. a positive start to trading in europe with markets awaiting mario draghi s press conferences for assurances over the future of the euro and guidance of a policy. more wait and see expected from the boe but hopes are high that mark connie will rifle some furthers at his first meeting. portugal s junior coalition party says it will work with the governing social democrats to try to save the government from collapse. the vice president of the popular party told reporters yesterday that a meeting would be called with prime minister pedro passos coelho as soon as possible to find a viable solution for the government of portugal. he added no other cabinet members would resign but warned they would carefully examine the future spending cuts. the ecb meets today for its monthly policy decision. jesse and annette are on the ground. just how much work is there for mario draghi today? karen, it is a fascinating story. welcome, viewers, on worldwide ....