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All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big ....
3 yesterday so it is the year to date momentum names in technology and large cap growth that are taking things there cloud stocks, the Broad Software group, ecommerce, all those baskets are up 2 or so today, so you know, at a time when people are unsure about the fiscal package getting through and maybe what the pacing is of the domestic economy, kind of the old reliable move is whats working for now but as you say, the Broader Market is kind of on the softer side for the start. Julia, a bunch of Technology Names that have dipped their toe or maybe a couple of legs into media also higher this morning looking at amazon, up 1. 5 , alphabet up a little bit more than that. Netflix itself, which is all in on media, of course, up better than 1 . That trend continues and of course, we have to point at tesla, those shares up a ....
Doctor subcommittee will come to order at ask unanimous consent the chair could declare recess in a timer that objections order. Good morning everyone thank you for we are here today to discuss one of the most with the u. S. Arsenal. That is software. It is crucial to our ability very in the air, the sea come , onlinein space anderspace. Aircraft carriers will be able to leave our pier they can deliver a payload over its target we expect the system and code we rely on work whenâ– j needed. Despite this was seo dartmenterg and prioritizing software. Congress do know when something is wrong and something is right or in something is working or w. We read the studies repeatedly noting the department struggles with software findings that are remarkably consistent the 1980s untilin today. Its fundamentally amiss. My hope is for the witnesses to not only describe the problem but contextualize where possible what is being done to date with the largest barriers have been to address these issues ....
No, it isnt. To keep it simple, dont overthink it approach, maybe further chop to the downside. The s p 500 has really followed the seasonal script pretty well in direction if not magnitude this year, which would suggest a couple more weeks of difficulty. I think pretty much everyone is alert to the idea you probably get a strong finish or at least the odds would say, to the year. The longer we go churning sideways this way, though, i think people are looking for cracks or just finding them. There has been a loss of momentum. Market breadth has faltered if you look at the equal weighted s p. Its been left behind. Even some of the cyclical bellwether area like industrials and Consumer Discretionary, theyve given back some outperformances. Its not as if theyre setting off loud alarms but they lost a little bit of their leadership year to date relative to the s p 500. All that, though, is working against the idea that all the ....
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