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And say the market is reaching extremes of being oversold theres been signs of internal panic and we were set up for at least some kind of snapback. A couple caveats there, we did have a couple tuesday rallies of 5 and 6 the past couple weeks that did not arrest the downtrend. One thing you can hang a little bit of weight on right now is the fact that over the past several days youve been able to look below the surface of the indexes and see more differentiation, separating winners from losers and a little more stock picking and less indiscriminate selling all sets us up for a good bounce on obviously expectations of policy traction that were getting from the fed and congress likely. All that seems to say its a bounce, a very strong one, its an overdue one will it carry on to anything i dont know that we can say for sure, but i like to say every bottom start with a bounce, not every bounce becomes a bottom. In the meantime just i think to put your point into one phrase, its turnaround ....
Good wednesday morning, welcome to squawk alley im Carl Quintanilla another busy day as our eyes, jon are peeled on the tape. Yes the market give and taketh away. This morning it takes. Dow down right now about 900 points and change. It has been down more than 1,000 rbcs mark and jeff join us now. Good morning, guys good morning. Good morning. So id like to start, mark, with what you do with the many calls that youve made already given this new environment that were in affected by the coronavirus and covid19 we can talk netflix, expedia, two different stocks in terms of how theyre being affected but perhaps illustrative of how investors need to look at their portfolios and how things could be affected. Lets look at netflix, you say its not recession proof but you believe its resistant why . So in the internet space, Consumer Internet space, ke extremes, the companies wit ....
Any injuries . I havent heard of any injuries at this time. What can you tell us about nustar . I cant tell you a lot about nustar at this time. I dont know if theyve had significant incidents. There was a vegetation fire up interstate 80 a little west of here last summer. But i dont think it was associated with the refinerys operation. Im unaware of any other incidents in the refinery itself. Are you confident that another tank is not going to eplode . I am not confident of that. I know theyre doing a lot of what theyre doing right now to prevent that from occurring. Youre attacking that hillside pretty aggressively with water drops and so forth. Why is that . Are you concerned about it spreading to other tanks up above . It could be that. It could be that the vegetation on that side is a little bit thicker. It looks like theres more brush and trees as opposed to the grass you see on this side. They may be concerned about fire spreading to the vegetation and to the tanks at the top of ....
Let me tell you, briefly about the main thing. Floods in russian regions are gaining strength. In the tyumen region, residents of 35 settlements are being evacuated. Evacuations are also underway in kurganskaya, including in kurgan itself. In the orenburg and tomsk regions , houses and roads are flooded. The us congress will vote on a bill to help the kiev regime this saturday. Russia, who gave 10 assists during the season in the north american nhl. He achieved the milestone in the match against toronto. Most likely kucherov will take the prize this season the leagues top scorer with 144 points in 81 games. And now technology news, with philip trofimov, host of the vestineft program. Philip, greetings. So, the most famous humanoid robot. Atlas is again in the headlines of the entire technopress, although only yesterday it seemed to be sent to rest. How justified is such attention to the new robot model . Good afternoon, but this is still a superstar among robots, and the update turned ....
Something. Thank you. Thank you so much for the discussion. Im show jen from china daily. Speaking of asia and china, i want to ask what china and the u. S. Could do to cooperate in terms of Scientific Research and manufacturing and also the promotion of the new technology of Energy Sources and what is the role of ecp in this cooperation. And also, how they effect the economy, the politics an the bilateral relationship between china and the u. S. Thank you. Steve. [ laughter ] that is a big question. So i will take a stab at this but then im handing it straight over to you. All right. Only because your right inside of the game and this is that the cooperation, in my own view, will happen after the innovation. The competition is too stiff, the stakes of winning are too high for any of the countries to cooperate with each other. You are not going to have, for example, japa ....