Could a bield card d could a wild card derail that run. That chart is a thing of beauty. And later, home depot, what is lighting up to the tune of 80 gain in just three days. Wow. A lot to do. Were going to begin with these r red hot markets and quest for Higher Ground. Investors keep investing but not much for s p 500 closing just shy of a new record, four points off, but believers keep believing. Goldman sachs raysing the target to new wall street target to new high 3600 so as the world keeps turning, will the markets ever get to Higher Ground brian, welcome back its great i dont see you, but its great to hear your voice, again doing gentlemans work im a little upset we didnt play the Stevie Wonder version we played the chill yi peppers. Version. Flea is a huge fan. So shout out to flea to answer your question, why not. 3600 for s p 500, 5. 5 from here market seems to go up 5 every day. Notwithstanding. So its reasonable with the fed at their back every piece of bad news is digested
The pain. He is here along with senator mike braun. China is firing back as the cold war between the two countries heat up but i continue to ask this one question. Is this big business silence same thing as collaborating with the enemy . Will big business join the fight . We have blockbuster panel to weigh in that. All and much more on making money. [. Charles its a down day for the markets which was not overdue, not sparking any real alarm. The rebound moved from erasing 20 20s losses to try to distance the fastest bear market in the history, now to the point where you want to broaden out winners if we are to keep this rally going. There are sufficient reasons for concern and near term valuation, coronavirus, long term growing debt and u. S. President ial elections but i got to tell you the s p and nasdaq higher for the year. The question will the dow join them soon . I have Fitzgerald Group principle, keith fitzgerald, David Nicholas and point view Wealth Management david dietze. I w
Vaccine and treatments, bringing the futures off of their lows this morning. Still looking a lower open today, but much of this is profit taking after a very strong rally yesterday and last week. Investors saying you know what, im going to take some money off that table. Theres not much stopping big tech, though. We talk about them a lot, every day, but for very good reason. New highs for several of these and one of our bulls will tell us in a few minutes why hes still buying them even at these levels. Happening at the white house today, a big meeting about getting americas children back to school in september. That is a major factor in the economic recovery, if kids are back in school, parents can go back to work. Its a key issue. What about Patrick Mahomes . Hes a recordbreaking deal thats guaranteed for nearly a half billion dollars. I say guaranteed. Hes a very rich young man. We have two pro athletes on the program to talk about that today. Big three lourshours ahead. Im Ashley We
No what time it is who is out. Khouws house not his house per se more like his housing stock. Mike drops the mic with one play its time to risk less and make more options action starts now. And lets get right it to it health care having a bit of a hangover this year up just 6 and the second worst performing sector of the year behind manager names like biogen. Centene. The space downhill double digits in the cross hairs of late as the 2020 president ial election draws closer but our chart master carter weather has a positive prognosis at the space and he is at the plasma he is not yet at the plasma. Not yet. Are you going there. Im waiting for permission. You have my permission. Banished from the desk. Thank you this has obviously been a dud. Whats interesting is it was a year of risk off in highly defensive areas of the mechanic, specifically utilities, reits, staples winning. Health care is the other area at a thats defensive but offensive. In a which i think at this point its a hedge
And well, not his house per se more like his Housing Stock him mike drops the mic with one play its time to rick less and make more options action starts now. Lets get to it. Healthcare having a bit of a hangover up 6 . The second worst performance of the year biogen, pfizer, cigna weighing on the space, down double digits the sector has been caught in the crosshairs of late as the 2020 election draws closer our truck master carter worth has a prognosis. She on the plasma. Were not really at the plasma not yet. Are you going to go there . Im waiting for per mention. Permission granted. You are banished from the desk thank you so, you know, this has obvious been a dud, in many ways, it was a year of risd hig market, reit staples, winning, healthcare is that other area thats both defensive but is offensive. At this point its a head you win, tails you win, lets talk about it so since data is available back in 1989, this is a chart showing healthcares weight as a percentage of the s p. And