Will wake you up, call it ludicrous speed. Stay here, airbnb making its pitch to go public even as the travel sector continues to suffer amid the pandemic and buffetts big buys, the sto stocks he says are ready to rally. It is tuesday, november 17th, and this is Worldwide Exchange. Good morning, good afternoon or good evening from wherever in the world you might be watching. Im Brian Sullivan thanks for joining us. Here is your markets and money on a tesla tuesday as well call it futures are mixed to flat. Dow lower, nasdaq futures are higher neither are moving very much but another big monday for your money, more new records and a new vaccine candidate of course. The dow coming off its first record close since prepandemic levels in early february the index now just 50 points away from 30,000 something certainly a number to watch. Small caps continue though to be the star the s p small cap 600 up another 3 yesterday if you are not paying attention to small caps, you should. Lets also t
With so many investors now jammed into the same stocks, could this be part of a bigger shift. Your Investment Committee to help you knanavigate through alo this all right. Before we get to everybodys thoughts and insights and ideas, lets get a check on this market at this hour as you can see kind of like this time yesterday, we have the dow higher the dow is up 400 yesterday before sliding toward tend of the session. Were up 300 points today. Basically getting back to exactly where we were at this time 24 hours. The s p is up slightly the russell, the small cap up. Look at the nasdaq, only one of the four in the red here kate moore, you are big picture, macro thematic youve seen this befor especially on a tuesday seems to be bad for technology. Either way, do you believe that this is the beginning of this rotation that everybody kind of keeps hinting at about out of technology taking the profits, into other things or a one day thing because its got to happen some time . I think we can
Senior executives started trying to bring him down months before he was first attained. Governmenthong kong admits chinas security rules may not conform to longtime practices, but the Stock Exchange insist things will be better in the long run. I think this certainly creates a clarity and stability for us to move forward. Lets take a look at the monday morning markets. A tepid rebound after we had the biggest route in about 12 weeks on the back of that retailfueled surge we saw in valuations. This is what we are seeing when it comes to s p futures, down about 1 . Chicago nikkei futures also lower. Positive,ures in the still indicating a downside of about. 2 . Then stocks trading at lowest in about two weeks. Kiwi stocks, trading underway. After we heard a contraction when it comes to the Services Industry and a bit of a pullback when it comes to the aussie and kiwi dollars. Risk very tepid across the board. Lets turn to those fears of a second virus wave in beijing. China probing offic
Abigail, a lot of bouncing around. Abigail yes. Wishywashy trading. Not long ago, both were ever so slightly higher. Than nasdaq has mainly been in the red all day, down more so than the s p 500. Down half a percent or so. Turnaround drama in d. C. , political tensions. The dow and s p 500 down two weeks in a row right now by a small margin for a third week in a row. The nasdaq down five weeks in a row. The first time that could happen since 2012. Wise break it down sector for the s p 500 by going to the bloomberg and taking a look. There is more green, more sectors in the green than in red. Much of the sector composition seems to have to do with what is happening with yields. We have the 10 year yield down to basis points two basis points. , soks have higher dividends they look a lot better when the heels are higher. On the bottom have been energy with oil. Ctually, there is energy down. 18. If we look at what has been happening relative to the , we have the 10 year yield down around
Abigail, a lot of bouncing around. Abigail yes. Wishywashy trading. Not long ago, both were ever so slightly higher. Than nasdaq has mainly been in the red all day, down more so than the s p 500. Down half a percent or so. Turnaround drama in d. C. , political tensions. The dow and s p 500 down two weeks in a row right now by a small margin for a third week in a row. The nasdaq down five weeks in a row. The first time that could happen since 2012. Wise break it down sector for the s p 500 by going to the bloomberg and taking a look. There is more green, more sectors in the green than in red. Much of the sector composition seems to have to do with what is happening with yields. We have the 10 year yield down to basis points two basis points. , soks have higher dividends they look a lot better when the heels are higher. On the bottom have been energy with oil. Ctually, there is energy down. 18. If we look at what has been happening relative to the , we have the 10 year yield down around