Airbnb expected to go public this week. Analysts saying it will surprise above its target despite all the headj winds the travel industry is facing. Well explaint iwhy ase xdp lunch starts right now. Thank you, ty the dow pullingqback but still above 30,000 only six dow stocks are higher right now. Teq apple is one of fthem the dow industrialso so far today as well as theee nasdaqe pos t composite and russell 2000 each have hit a record high intra day despite the fact the the dow is lagging, only up 5 and 13 gains over here for the Overall Index for the russell 2000 look at other parts of the market were also watching as well look at the semiconductor. Dze cord highsf pushing the semiconductors, possibly a leading indicators for the rest of the markets and another set of record highs tesla. Billion, would make it close to around the sixth biggest stock in the s p when it eventually goes in. That happens before the open of business on december 21ste1. And perhaps Short Co
Every sector finished in the green except for energy. Yields pushed higher so is the market giving an all clear when it comes to getting some Election Night clarity . What do you say . All clear, definitely not i think a lot of people are trying to gauge what basically the last week and a half ment. Half of that move last week we got back over the last couple trading days i will tell you flat out i have no idea. I can make a case for both candidates based on the sector maybe the president will be reelected but the counter is maybe the bond move helped and the crude went higher, perhaps that is suggestive of biden winning. If you have a candidate either one with a concession speak tonight or in the wee hours of the morning when you are on melissa lee, that will take what it closed at today down to the high 20s if thats the case, i think you buy the vix once again do you think the markets are saying anything about the election maybe not who will win, but the fact we might have a winner s
Around a bidens portfolio there is honestly not that much difference as a matter of feedbaact, most e stocks work under trump also works under biden. Can i get a bidens stock, bi n bidens stock, please. Dell gained and nasdaq drops for the day. The leader the soaring stocks it would be fabulous for energy. Tr it is good for u. S. Jobs once Oil Companies are drilling, there is only so much the president can do coal is dead it is not economic and it is not worth the trouble. Meanwhile, we have seen a huge gain in renewables because like it or not, theyre the future. If biden wins, democrats are eager to throw the money at solar. I like three solars. First is generac your power does not go out when the sun goes down and tesla. Remember when elon musk floated the idea of just a simulation, that was more than five years ago. I challenge the idea that we get our electricity from colorado. That was his plan. Musk figured it out. The future looks like a lot of distributed solar panels that flo
As hot and dry conditions combined with expected. Strong wind gusts posen increased risk for damage to the electrical system which could potentially ignite a fire majority of those customers affected are in napa county and thats where we find kron 4 taylor bisacky. Who is live in calistoga with more taylor people must be exhausted by all of this. Grand for parts of calistoga this could be the second time without power within just one week. You know really seems to this area. Its been one thing after the other. These power shut offs come just a couple of weeks after folks he returned home from those glass fire evacuations. Another round of pge Public Safety power shutoffs could sweep parts of the bay area the napa county being the most affected. Pg says the possible psps is slated to affect more than 4,300 customers in napa county. Including those living in parts of calistoga were filling some gas for tomorrow because theyre going to shut off the power. Again chad taylor isnt the only o
Treasury market. European stocks are down by 1 . U. S. Stocks are up i. 2 . I also want to bear in mind what is happening with the chinese currency. This is important. 6. 6 four, below key levels. The dollar continues to weekend. The dollar is important, the euro is important, but the chinese currency is potentially very important. Jump inaly reporting a new daily virus cases to over 15,000. The other part of the story, we are talking about trade talks, the u. K. And the eu are ready to sit down immediately with the goal of finding a deal by midnovember after positive contacts between the two sides. Our bloomberg is european politics reporter. Ian, a great way to talk about itting the deal, getting done, was that Boris Johnson was getting his way and getting it done. Ian in the past five minutes, the chief negotiators have gotten off the phone after about an hour long discussion. We have not heard officially what they have agreed to do, but as you were saying, we have reported in the l