35 Burst results for "Fifty Day"
Biden's Agenda for the Black Community with Mayor Stephanie Rawlings-Blake
"I'm Jim Taylor skinner, and this is the electorate. On this episode. A have a conversation with Mayor Stephanie, Rawlings Bleak Mayor Rawlings Blake served as the forty ninth mayor of Baltimore as she joins me to discuss Biden's agenda for the black community. Now, if you haven't taken a look at Biden's agenda for the black community, you WanNa hear this conversation we discuss this plans to close disparities in homeownership rates within the black community his plans to help close the wealth gap the expansion of the affordable care act and has extensive criminal justice reform plans including employing the Department of Justice to address police accountability, decriminalizing the use of canvas and the automatic expunge -ment of all cannabis use convictions. So. Here's my conversation with Mayor Stephanie Rawlings Blake Mayor Rawlings Blake. Welcome to the PODCAST. So I WANNA talk about Biden's agenda for the black community because I was reading through that and I don't think in my lifetime that I've seen or proposal that's this extensive and targeted towards the black community and I wanted to be fair. So I looked through some other past presidential platforms and a lot of them aren't really archived. You know how he crafted this or you know, did he have help from outside organization or WHO's influencing him on this? The vice principal former Vice President Biden has a theory broad group of. Individuals who have been advising him and who care a lot about making sure that the the Democratic Party is right by a black people as well as he does right by black people when he is very hopefully elected NFC among about. Today's that's right. It's like fifty days or something I think with just kind of makes me nervous nervous excited both at the same time. And he's got economists that have been advising him as well as advocates and I think when you take a look at the plan many aspects of the plan, you see their their fingerprints on it that this is not for show. This is not something that is decorative on a on a website. This is something then can be implemented and we'll have a real impact on our community. Absolutely. Right. I agree with that and when I was just looking at the wording and some of the things that he hits on. Pretty. Deep right in an isn't something I would expect it to see us on the democratic side. You wouldn't see it on the Republican side even on the Democratic side, you know five or ten years ago. So that's something. Yeah. I WANNA go really deeply into every policy proposal, but there are few that I want to hit on some pressings. Building Wealth no health care and criminal justice reform. But. I WANNA start with building wealth because one of the things that he proposes is doubling the funding for the State Small Business Credit Initiative which doubling that to three billion dollars to assist small businesses and targeting specifically people of Color. You don't WanNa talk about the fact that you know that that's great but you know black people I think in the group of people of Color by people are thinker are usually at the bottom in terms of getting capital access to capital for building small businesses because there are other bias and other limitations that we face, we try to start small business you know. So have you actually address that those unique barriers to black people getting capital in starting small businesses? The first thing you do to address the barrier is acknowledged I can't tell you optus pointed I've been to hear our current president deny ignore the disparities that exist or by people in our country as when you start off ahead in the game and you have someone's willing to name it. And to a work to address it in also wanted to bring to your attention. It's not just the the the money for small businesses Biden Harris. Focused on African American women business owners specifically because as you know a, we are the majority of the businesses offices that are being created in the NBA minority community are African American women see address s like I said at first by identifying them and second step by step I I know there's going to need to be mentors are business mentors that are working to help these these small businesses achieve and when you have an administration that is sensitive, you'll be able to do what was done under the Obama Administration where there was a lot of support event to two businesses. You know a lot of those sports have been ripped up by the current administration so A. Definitely identifying the issues and pudding supports in place to close some of those gaps are the essential you're right. So we have to recover from the damage has been done from the current administration, but then you know things like this policies like this have to account for the fact that we're pandemic. I'm a lot of the businesses that by people have owned have probably been hit in hurt quite. A bit. So that's another place to start. Definitely I. Mean I think one of the things you you will hear a line that I've heard a lot. It's not. We're not trying to go back to where we were. You know this is about ripping up be You know the race face inequities that impact the black community across the board and making sure that we are not ignoring you. Know, the problems you've seen,
Interview With Shayla Hunter
"All right. So tell us who are and what you do sell. My name is Shayla. Hunter and I am a strategist and also an illustrator and a creator of the one hundred black females project. Nice. Now. One thing that I've been asking everyone and I'm sure for folks that it listen to the show they know this but I've always kind of doing this my covert nineteen check in just to Kinda see where people are at. So power you holding up right now during the pandemic. Cell. Holding up pretty well, we're just at the August second. Yes. kind of wild that it's been this long but I'm doing pretty well, I think that you know in the beginning. In late March into April and there was a lot going on obviously and it was a a day by day and you know kind of in my apartment and trying to take walks outside and be away from people, and I'm still doing all of that but I feel as though now that it's been. been into summer her can of have a little bit more to can be outside a lot more things like that. So I'm holding up. Okay. Yeah Denver's really nice in the summer to I I went there was last summer. I think it was last summer I was in Denver for some reason I was surprised at how hot it was but then it makes sense because it's the mile high city so much closer to the sun. Yes. I was like this isn't that Lanta heat is expected. It is intense and but I must say the fact that I forget it's not sunny three, hundred, sixty, five days a year but it's like sunny three, hundred and fifty days you know something like that like sooner. It's sunny all the time even in the wintertime when it's cold out, it's nice to have the sun as well because it doesn't really feel like a long winter as in the east coast. So let's talk about your work that you're doing at Eck strategy like what are your workdays looking like right now? Yeah. So strategy is a marketing research and strategy consultancy, and so you know we work with a lot of clients across lifestyle consumer packaged goods. So that means things that you find on the shelves in grocery stores and things like that, and then also house brands as well in companies. So right now we've been. Really, busy doing lot of work with our clients that we've had it new clients I work really well amongst my my colleagues in we've been with it within the pandemic feel as though the transition has been fairly easy for us when I say that just because we have three offices so there's one in Chicago and Denver, in New York and we work in. Teams amongst one another you know across the three offices and then there's you know people who are sometimes in other places as well. As a team as a company, I felt like that we worked really well already had virtually and so is it pretty sort of easy transition into kind of going on and and that sort of thing. So as of late, you know been kind of working on different projects and it's been going going pretty well. So can't you know no complaints.
How to break up well
"In your own life have you ever had a good break up I just remember feeling. So angry I broke up with my boyfriend over skype when I was eighteen in a lecture uni. And then I broke into his house it was a pretty bad way to do it but. I have very fight for what you love mentality by the end. All I could think of was I need to get out of this narcan white food do not be around me any war. I. Would constantly tech when drunk, which is now in hindsight Divorce and breaking up can feel like the bloodiest dirtiest combat you'll ever thought experience in your whole life. and. Almost everyone on the planet has been through one in. Australia in twenty eighteen alone nearly fifty thousand dollars got divorced to put that into context in that same year about one hundred and twenty thousand people got married. I WanNa make something clear before we get going this. Is Not focused on domestic violence or abusive relationships. Where talking about run of the mill breakup which astill devastating? People lose homes amass great be debt for into addiction used their kids as collateral get depressed all bottle up all their feelings and totally not cope. and. Some of that has to do with the fact that popular narratives tell us that that's the way love goes when it ends its war or didn't count. Rarely away modeled the best. Case. Scenario divorce. So, what if they was a guide? What if you could break up better or dare I say it divorce? Well, what if the process didn't have to leave both parties wounded devastated and financially? I'm Jimmy Stein's. Ladies. We need to talk about how we can break up bit up. In two thousand eight, I split up with my partner. We had kids and a house together and there was mediation lawyers, child custody arrangements and it sucked. There's a bunch of stuff I wish I needed that I know now. So let's share it a practical guide to breaking up well. In this episode, we're going to talk to a US a psychologist and a lawyer who all have skin in the game when it comes to breakups and divorce. I think for a long time we just assumed that breakups were allowed to tardily rain of your eating habits, your drinking habits, sleeping habits, how you conducted yourself in terms of going completely. Lupi and and just feeling like a bracket with completely appropriate answer to that. This is Zoe foster blake she's an Australian author and entrepreneur. We're speaking to her because she's written a book called break-up boss. Though, he's married with a couple of kids. Settled and happy. But during her early twenties, she reckons she was the authority on bad breakup and in this ladies, we need to talk guide to better breakups. Zoe is going to start with a bit of what not to do. So I would go to his house in the middle of the night. Drink dial constantly I would stalk can be aggressive towards these new partner I would. Yeah it was cool. Everything that you're not supposed to do and we really we didn't give it together I don't. Consider your behavior, and that time isn't it really making years this person if you want to get back with them but I think it was a good listening going what not to do, and so we beat further break up I realized that that was embarrassing and it wasn't a true encapsulation of my character. I didn't think but I'd let my emotions and my fees and my panic, and probably my hang up is the better of me and I. Behaved in a way that I wasn't proud of it's a real relief to hear you say that because. We all do embarrassing things I. Think during a I don't want it to sound like I'm saying look you have to have for outward appearances control you suffer God's sake women conduct yourself in the proper it's not about that. It's about. Showing courage and strength at times that are really hard in your life and not just behaving irrationally or illegally just because you're angry at someone having been a bit of a break up monster a few times in my life I realize that there is a good in a bad way to do it the really important for me was the night contact because when you've got a clearing books and a clear hit spice and that mental real estate to process what's happening even though it hurts. I march. You can move forward and it's not so much even about the anger but it's just that sadness engraving can make us put into glasses on just wanna go backwards to feel safe again because we don't dismiss the person, we miss the rituals routines Sunday night dinners at their house the family you know everything that you lose when you lose a break-up. So you've got this massive gaping hole in your life now that you desperately want to fill again with what you love and no. So you just have to be strong in that time and night context is critical because if you keep trying to hang out with them or you don't want to be rude if they're hanging out with us shut night, do that for how long is I fifty days just to establish a routine in the habit
The Way Forward For Kadena
"Is your guys strategy going forward now that you just got your token listed for the very first time I'm Beatrix Global. And what's what's the the campaign now to a community of developers around this amazing product that you've built? Well, our belief is we don't there. There was a playbook that we were trying out for a while that was going around a lot in two thousand eighteen about like you know that the community is everything and you gotta you gotTa have somebody like Vitale on the plane. You know two hundred and fifty days out of the air showing up at every conference imaginable and every Hack Ifan imaginable and. You know and you've got to set up in Asia Europe United States. And that's just critical. That's what you gotTa do and. What we found was that that is a bit of die think that was a bit of ICO. Fluffy you know that That wasn't what was really going on with various coins doing well or not doing well or going up and going down and really what makes a community happen is basically delivering. Technology to the users on time that works. And then putting it in their hands and then helping them use it. Did, of course, theorem launched quite a long time ago and they launched with. More or less the system that they have now. And therefore, people were able to start building with it, and that's really important and but we've seen the same thing where you know we we launched our blockchain and November without transfers. But with mining, we did the full launch January. which then enabled all the smart contracts, and since then we see more and more interest before then the main interest people had was in mining you know. and that started the mining rate started to pick up early on in that built our community. But that was a mining focus community that kind of growing discord. And now that the full platform is there and with some of the announcements we've made like know that we're integrating with chain link in some in some about some of our partners. People are finally starting to get the message about pack because the funny thing about smart contracts is that you know. It's it's hard to get people excited about language. It's hard to get people excited about a a nasty K-. But when developers actually get their hands on it, they start getting pretty excited because you know one of the we we have we have endless stories user stories now about people who? Take two months to get productive in solidity they get it they get a demo done in two weeks packed and they've never even seen it before and so people get excited about that kind of stuff because it's it's empowering to be able to make you know your pse or your your concept come to life on a blockchain with so little effort, and also because practice such a safe language know that it's going to be a pretty safe application right out the gate. You know we had a we had a really interesting thing recently with a blend. With their fen print company where they migrated an entire working demo off of a theory. I'm onto Kadena, and we're able to show it to their client in three weeks. and. It was a really slick demo to. So. They put out a really nice blog article about moving about migrating from the packed. So so we're really excited about that but also we're going to scale or blockchain. In July from ten chance to twenty change, this has never been done before. I mean, no one started a blockchain, a base layer blockchain before anyways. But this is very important for us to show that it's not just that it's sharded it's scalable sharded we can keep increasing the size of network. And you know that that's something that has interested everybody from developers to like the enterprise blockchain press. They pick that up on our last announcement so. So all it all with without in the listing. It's a really exciting time right now. Just because I think, people are finally starting to really have a glimpse of. What we're offering man, that is amazing
US Republicans have unveiled a $1 trillion package to kick-start the economy, Democrats call the plan 'inadequate'
"Republicans have unveiled a trillion dollar package to kick start the country's economy after the damage done by the pandemic Democrats, have already called the plan inadequate. Joining me on the line is Scott Lucas professor of US politics at the University of Birmingham, good morning and welcome to the brim scores. So what are the main feature of this baggage? The headline that will come out of this is not one of actually protecting people. And support, it will actually be the fact that unemployment benefits for millions of Americans who have lost their jobs from Corona virus? Those benefits will be cut by sixty seven percent from six hundred dollars per week to two hundred dollars per week. there is a twelve hundred dollar payment the equivalent of three weeks. Of support that is being lost, but after that. You've got. More than fifty one million Americans who filed unemployment application since mid-march, trying to exist on a lot less money. The Republicans argue well that six hundred a week is a disincentive to return to work, but it seems to be at a time. When Corona virus is resurging in the states of very heavy measure to sort of bludgeoned people back into work places. That may not be safe. Beyond that you do have a lot of protection for business for example protecting them from lawsuits. From workers over Corona virus cases. You do have some more support for small businesses. But you also include some pet projects, the most notable of which is a new FBI building which is almost an obsession of donald trump, probably almost a billion dollars in that gets in there at the same time that those who are trying to get by week-to-week are not going to be helped by this measure. Do. You think this is one of the United States needs at least moments, well I think it's a reality in without playing party politics. We've got to say look is the fact is is that as the pandemic is not only continuing but surging in the United States? It gets more and more expensive to try to deal with the economic effects. You have already had to support packages worth a total about five trillion. This would be the third. The Democrats want three trillion rather than one trillion to fully protect people in other words. The bottom line here is is that the ultimate protection from Corona virus not just for lives. Not just for families affected by the loss of lives, but for the US economy is to get the virus under control, and the administration has singularly failed to do that when you have coronavirus cases that are researching and forty-one and fifty days looking at then, what's the Democrats? Won't so you already mentioned that? The Republicans want to cut unemployment benefits and the Democrats would also want to spend moist. There's something. Something else that Democrats. Also what will the Democrats want to maintain The unemployment benefit through the end of twenty twenty at the current level beyond that, however the Democrats want more money for test trace to contain corona virus, and the White House has held out against that because more money for testing trace exposes Donald Trump's claim that less testing means less cases. So why don't we just go that path? The Democrats also. One did not want to see liability protection for businesses. They think that's the wrong priority. Instead the money should be put into community development, getting more people into the workplace on a community basis in a safe way, and there's also another big difference in this that reflects trump's priorities, and that is that the Republicans, rather than providing unemployment benefits rather than trying to build up the safety net or providing tens of billions of. Of Dollars for schools that reopened with full class instruction from next month. The problem with that Donald Trump may be demanding that there is no online instruction at schools, but medical experts say it poses a threat to staff to children and to their parents. It also sounds like Americans can expect too. Many Americans can expect to receive some some chicks also as a financial stimulus something that is a donald trump approach as well. It's two things. One is okay. We dangled twelve hundred dollars to you and let's say if it's my parents. In a WHO retirees it's up and they'll be eager to vote for trump in November because they just got more money, but I come back to the basic point. If you're unemployed and again more than fifty one million Americans filed unemployment applications that twelve hundred dollars direct payment only covers you for three weeks of lost money from the fact that you're having declined benefit until you can find another job, so it's sort of more of A. A token effort by the Republicans doesn't really deal with the long-term economic situation, and really exposes I think the bottom line for the administration, which is even yesterday, Larry, cudlow the White House is top economic advisor was saying when we are having more than a thousand deaths today in the United States when we're now more than four point three million cases. It's okay we're on a v-shaped recovery. Guess what folks we're not, and we won't be recovered by November, when Donald Trump has his priority, which is getting a second term in office. Exactly, SCOTT'S A. Nice Republicans are they all united behind these plan? No their their blood, and in five. This is something that causes further complications. They can't just point at the Democrats and say Oh. Boo to you. You won't support our measures a number of leading Senate Republicans. Including the two thousand sixteen presidential candidate Ted Cruz have said they will not accept any stimulus package. That's it no more money for anything. Graham Donald. Trump's front has warned that there's opposition to any package and the confusion knots Republicans with so great that as the bill was unveiled yesterday. Senate leader Mitch McConnell the most important. Republican in the Chamber did not know that the measure still included the seven hundred and fifty million dollars for the new FBI building. What will happen next with this plan? Won't pass. The House remember the House Democrats have already passed their three trillion. Dollar stimulus package and they're going to say look. That's the one you have to deal that your baseline. Mark Meadows the White House Chief of Staff Treasury Secretary Steve Mnuchin. We're meeting House Speaker Nancy Pelosi Senate Minority Leader Chuck Schumer last night, so no deal with our plan, but the idea of slashing unemployment benefits by almost seventy percent of while protecting businesses from lawsuits. That's a no go for Democrats, so I fear. What you see is that as the unemployment benefits expire this week, you might have a short term extension. Of those benefits, but the Democrats will insist that it six hundred dollars per week. If the Republicans don't assist on that, this bill of theirs will not pass, and all those Americans who have been out of work, get nothing house of next week, and what to expect to happen with the US economy. The US economy is going to continue to. Be Stagnant and probably go downwards. Again, bottom line. Not Revive an economy. You cannot reopen as Donald Trump wants to say we'll save. America will be hashed had winning unless you contain corona virus, and the United States does not have output test. Try Test, trace and track measures to safely reopen. And therefore provide economic recovery that trump desperately wants within the next one hundred days, and what kind of a? East this for Donald Trump does he need to emerge from all this as as a winner to succeed the November presidential election? I'm going to be honest with you. Marcus I. don't Care What happens with Donald Trump being a winner. Don't care with Donald Trump's ego. Donald Trump needs to be put into a room away from all of this, because the hard graph that needs to be done, and this is beyond Republicans Democrats they do need to come together to talk about surviving this economic downturn about getting control of the virus, and when you have Donald, trump who? Is Unpredictable. Who is chaotic? Who is not exactly? Up to speed on what is happening he just stands in the way of anything productive whatever happens in November. Scott Lucas thank you very much for joining US
"It's time once again to answer your burning market questions. Total request was such a hit guy of lots of fun, right? We've got so many questions. We thought we'd take some more. And our first question comes from John and Long Island. Guys. This is John from long. Island by question on salesforce, our border in the march lows, and it seems to hit a resistance point at two hundred dollars a share. Do you think I should sell right now as it may not only exhilarated from here. Hold or potentially by more on your thoughts. Thank you. All right John From Long Island, Jeff males! What do you say to him about crm? Well look if you bought at the lowes. You're probably working on a thirty five forty percent gain something like that so I think at that point in time. It's always smart to take a little bit off the table so I would start there. John but I'd also say. The stock is holding a multiyear uptrend. It looks like it wants to break out to a new absolute high. It looks like it wants to break out to a new relative high versus the SNP so I actually think that you can play the momentum and salesforce, but definitely take a little bit off the table if you're games, are that big? I tend to agree I. Mean it's really not just about my view on the stock. It's about what is the prudent way to go ahead and risk manage up thirty five forty percent. You one hundred percent need to be taking some chips off the table. I would agree I would agree as well in terms of the long-term uptrend. I would say it is pressing down a little bit towards if I remember correctly is fifty day moving average, but as long as it holds those long term averages. With, at least a portion of of my investment, absolutely all right, our next question is an international one. It comes to Roberto all the way from South Africa. I'm loving the show all the way from South Africa. Wanted to ask question relating to gold. It has run within one hundred dollars of historical high. So my question is. Is it time to start shorting gold and gold stocks? I mean even full Toronto two thousand. There should be more downside than up rats. I just wanted to say. Thank you for having me on the show. And thank you for your amazing analytics. As! Roberto from South Africa Guy Jami who knew we had fans although in South Africa. That is unbelievable. You know when back in another life one of our largest clients was the Reserve Bank of South. Africa And the road I believe from Pretoria to Johannesburg. Is Route One on one? And that was the codename Anecdotal Story I. Know Nobody Cares shorting gold here to me is a very short term trade. I do not although you had a huge reversal Newmont huge reversal panamerican. Silver today I. Don't think that's the right way to play. It I'm of the belief. That Gold's going to continue to move higher as his silver, and as are the mining stocks. You can be selective if you WANNA try to short them, but Roberto I stay long the commodities specifically gold and silver for the next six to nine months for sure Jaffa was your Taylor South African friend. Yeah I think that's probably too and I'll comment on silver specifically as well you know that's put in a massive base, and it looks to be breaking out to the upside so I agree with Guy Look in this environment. You might be able to play it on the short side for a quick trade, but overall I just think momentum's too strong you. You have had flows that are really aggressive into gold and the gold miner, so for that reason I think you can play it on the short side near term, but the momentum strong so I think looking out any further than maybe a month or so you probably want to stay on alongside of it
Media Surprised by Tesla Registrations Despite Shutdown
"Everybody robbing our here today we were talking about a number of different reports on tests registrations in the united. States in the month of April and May tussle stock, despite some of these reports finished the day up one percent to nine hundred ninety one dollars, seventy nine cents that compared to the Nasdaq up zero point two percent all right so as much as I would love to skip this topic because I think a lot of us know where this is. Is Heading. Most of the Tesla headlines today are related to a Wall Street Journal article published this morning titled Quote Tessa Registrations Plunge in California data tracker, says and quote, then leading off the article with quote, registrations of newly purchased Tesla vehicles plunged critical California market over the past two months according to new data underlining the challenge chief executive Elon, Musk faces to keep investor enthusiasm that has helped propel the company's share price and quote the Wall Street Journal Journal cites data from Dominion Enterprises which apparently tracks registrations in twenty four states that make up about sixty five percents of the US market, and in those twenty four states they say that Tesla registrations declined thirty three percent to fourteen, thousand, one, hundred and fifty one vehicles during the first two months off cue to the media, then seemed to go full, shocked Pika Chew Mon and read a whole bunch of articles about this highlighting Tesla's quote, unquote plunging registrations so. So I thought had a little bit of fun with that with the today. Apologies for that, but the point here is that this should not be surprising at all. People seem to have forgotten that Tesla. Had Their factory shut down for seven weeks from late March to early May as we know. Tesla is somewhat unique in that their registration or sales, information correlates strongly to their production rather than simply being an indication of demand like we might see from. Cars we can easily see this in the inventory numbers. If we look at Tesla, they had twenty days of inventory at the end of Q. on of March that comes right from their shareholder letter, and if we look at a company like Ford, for example, they said that at the march they had one hundred days of inventory so twenty days of inventory doesn't get. Get you too far when you're factories, shut down for fifty days compared to if you had one hundred days of inventory in stock like four does according to Cox Automotive, many brands actually had more than one hundred days of inventory at the end of March including Honda, jeep, Cadillac, an Acura and many others, and then even on the low end. They have KIA as. As the lowest brand at forty three days, so Tesla's inventory is about twenty to twenty five percent of the average and half of that of the lowest other brand in the US. The other important consideration here when we look at April and May specifically for the United States is that because Tesla restarted production in early, may that only gave them a couple or A. A few weeks to be able to produce vehicles ship them over to Europe and have them delivered within Q. Two, so with that being the case, obviously a very small amount of vehicles produced in May are going to actually be allocated for the North American market, so yeah plenty of reasons for us to expect registrations to have been down year over year in April. April and May in the US definitely not shocked Pichu type of situation, even with all that being the case in the same article, The Wall Street Journal says that Dominion Research says that the industry fell forty three percent in April and may remember. They have tussled down thirty three percent, so even without much inventory, Tesla is still outperforming the broader industry. You actually interpret. Interpret this as relatively bullish report. The other thing that I want to talk about briefly is the actual number here. So they said that registrations were fourteen thousand, or so in the first two months of the quarter and remember that's four states that make up about sixty five percents of the total US auto market. Tesla probably penetrates a little bit higher in those markets. Markets, because it does include California, so if we assume that that's about seventy five percent, then that can point to a number of about eighteen thousand five hundred vehicles registered in the United States in April, and met now I'm not putting much weight into these numbers, but that number does seem extremely reasonable. We know that Tesla began the quarter with about thirty thousand vehicles. Vehicles in inventory, so if we assume about half of that inventory, or about fifteen thousand vehicles were in the United States at the end of March then for us to have eighteen thousand vehicles registered in the US in April, and may sounds like a pretty reasonable number, if tussle were to sell off some of that inventory mentor, and then we add in deliveries from. That are probably not entirely allocated for Europe as well as Mata. Why if anything I see this report? As a low weight indicator that things are roughly on track. One less thing. I wanted to point out on this. The street did run article separate from my page on this topic and I didn't really love the headline. They reach out me, gave me the opportunity to add some context, and then actually included all of my comments in the article on this
Stocks Are Plunging as Fed, Virus Cases Fuel Concern
"We mentioned how the five hundred experienced its best fifty day rally in its. Good Times continued to roll through the first part of last week, culminating on Wednesday with the Nasdaq closing above ten thousand for the first time ever then came Thursday. On Thursday stocks suffered their worst one day. Sell off since March. Sixteenth with the Dow dropping more than eighteen hundred points bringing it down six point, nine percent s&P five hundred dropped five point nine percent. Nasdaq down five point, three percent and the Russell two thousand index of small caps down seven point six percent all in one day. Why did stocks drop well? If you read the financial media, they said one reason was the increasing number of corona virus cases, but I I have to say honestly. I don't know why that's. A surprise. Economies are opening up. Testing. Rates are going up. The virus didn't go away so people expecting cases just to disappear especially when you have half the country going out without masks so I don't quite get it. So, who knows if that's really why stocks dropped? Another reason could be that the Federal Reserve close. It's meeting last Wednesday. Concluded at the end of the day with a news conference from Jerome Powell. He warned that the economy could shrink six point five percent this year. Though hopefully we'll rebound about five percent next year. That said he made it clear that these were not official. Forecast given the difficulty with forecasting. Right that these days. Basically he said it all comes down to the virus will be able to control it or not. Instance nobody knows it's very difficult to make any economic rejection, but he did make clear that interest rates will be kept very low through this year through next year in probably through most of twenty twenty two. He said quote. We're not thinking about raising rates. We're not even thinking about thinking about raising rates. What we're thinking about is providing support for the economy. We think this is going to take some time.
Beijing closes food market after more than 50 test positive for coronavirus
"China has shut down the largest wholesale food market in Beijing and locked down the surrounding neighborhood after more than fifty people tested positive for the new coronavirus the outbreak comes more than fifty days since the last local case in the
Parts of Beijing shut down due to COVID-19 clusters
"Beijing is reporting a corona virus outbreak for the first time in more than fifty days, Chinese officials have locked down the area around the capital city's largest wholesale food market after at least forty five workers. They're tested positive. The lockdown effects eleven. Eleven surrounding residential communities,
Nasdaq sets record high, S&P positive for 2020 as investors rally for recovery
"June third Ryan, Dietrick L., L. Financial tweeted that the return of the S&P five hundred for the trading day since the market bottomed the Mark Twenty March twenty third. Thirty nine point six percent, the best fifty day rally of the S&P five hundred since it was launched in nineteen fifty seven series. Yes. Didn't it feel like you're in the best rally ever I mean? I just feel. I just can't help but feel that. Yeah, this is just the best time to. Today just fantastic, yeah! Anyway, so the five hundred is now within five percent of its all time high on the Nasdaq on Friday and again today and we are taping by the way on Monday. June eighth! The Nasdaq reached another all time high, so the Nasdaq is at an all time high at this point. According to the bespoke in investment group. There's only one stock in the entire s and P five hundred. That's down since March. Twenty Third Oh hell. And it's down less than two percent. It's cody. The beauty care products. And they're only eight stocks that aren't up more than ten percents. It's mark, Twain, third, and this includes actually some big names Costco Walmart. Kroger sort of the consumer staples got left in the dust during the rally, so looking at the sectors since March twenty third the best sector energy up a hundred seven percent. Followed by consumer discretionary seventy percent in financials, fifty nine percent that said they went up the most, because they went down the most in the first part of it, and for the year they're still down, so energy stocks are still down almost thirty percent of the year and consumer, discretionary and financials still down eleven percent for the year. When you look at the best sectors for the year, as you might guess top performer technology for point, seven percent and healthcare up six percent for the year. Now looking at the biggest companies. In the stock market, we now have three companies worth more than a trillion dollars. Apple is on top one point three, nine, seven trillion. Microsoft. Just barely behind at least as of Friday's close one point three, eight, seven, trillion, and then Amazon at one point, two, two, seven, trillion and Google alphabet is not that far behind at nine hundred sixty four billion dollars, so it's quite amazing. Has As has been the case for years now. Larger growth oriented companies are doing better, which means in some cases, pricier stocks have gotten pricier and cheap stocks have gotten cheaper. Here's an interesting tidbit from Jason swags journal Article From last Friday quote. The fifty most expensive stocks and the S&P five hundred as of December thirty first were up. An average eleven point three percent through June third according to Drew Dixon. The Chief Investment Officer at Abbott Bridge capital the fifty cheapest stocks at the end of last year. Meanwhile we're down sixteen point eight percent so gross stocks doing well value stocks still struggling.
South Korea reports 40 new coronavirus cases
"South Korea reporting its highest number of new coronavirus infections in weeks forty newly confirmed cases biggest daily drop in almost fifty days raising alarm as millions of children returning to school most of these teenage pickles I haven't seen your classmates in five months the latest spiking cases has put teachers on H. and they're being ever more vigilant health officials half double check the infection control measures being taken inside classrooms and all students have to fill in an apt to prove they have no symptoms of covert nineteen before it that alleged back at
Hepatitis A Outbreak Linked To Long Beach Steakhouse
"An outbreak of hepatitis a is been detected the city of Long Beach officials are confirm that one restaurants the source of the convictions in the warning patrons to monitor their health for at least the next several weeks when two cases of hepatitis a service at the beginning of the month long beach health department cubicle disease controller Emily Holman said they knew they had a problem he began questioning the people on where the deep in the previous weeks of the five fifty five east American steakhouse came up with the common link clean up actions are already in the works restaurant managers and staff have been very cooperative with our investigation you know the listener something they want either and we're working with them to identify the source SO four seven confirmed cases of happy have been reported Holman says given the incubation period of fifteen to fifty days those who eight of the steak house should monitor their health at least until the nineteenth of February and if they show any symptoms call their doctor at
Hepatitis A Outbreak Linked To Long Beach Steakhouse
"Two Long Beach although officials are hoping to get a handle on an outbreak of hepatitis a in their city the outbreak has been tied to a specific restaurant on a specific date normally Long Beach gets one case of hepatitis a year went to cases popped up at the beginning of the month long beach health departments communicable disease control Everly Holman said they determine the coming location the infected patients had visited was the five fifty five east American steakhouse and now it looks like it was something that occurred on December twenty fourth on Christmas Eve and it does not seem to be ongoing the restaurant in the health department are working to determine if it was contaminated water or food that led to the affections as of now seven cases of happy have been confirmed in the area because of the incubation period of fifteen to fifty days people who ate at that restaurant will be as to monitor their health or see their doctor if they feel ill at least until the nineteenth of
How has the economy improved under President Trump?
"President trump who gave his address in the room where it happened the side of his historic impeachment less than fifty days ago article one is adopted but White House officials say the president he's not planning to utter the I work tonight instead he will focus on the economy and what he's calling the great American come back he will also help the killing of Iran's top general Qassem Soleimani one White House guest is the widow of a soldier killed in Iraq by a still the money supplied roadside bombs were gonna check about the achievements that we've made nobody's made H. events like we've made so many different things the stock market use form an economic growth hit two point three percent last year but that's less than the three percent annual growth the president promised yet impeachment seems to be helping him a new Gallup poll gives him a forty nine percent job approval rating the highest since he took office now if president trump does not mention impeachment tonight he'll be following in the footsteps of Bill Clinton back in nineteen ninety nine Clinton gave his own address during his own impeachment trial and he avoided the topic instead in this may sound familiar he talked about the economy north star Ben thank you and CBS news will carry the president's state of the union address tonight eight central time the president is the first to run for reelection after being impeached and the outcome of tomorrow's vote seems all but
Eiffel Tower: Sorry, tourists, I'm closed today due to strike
"The Eiffel Tower is closed because of a striking unions are holding you protest against changes to France's retirement system the government is unveiling the new pension bill in a cabinet meeting today it would streamline France's forty two retirement systems but the government backed out on a plan to raise the full retirement age from sixty two to sixty four the country has been has seen rather fifty days of strikes over president Emmanuel my Crohn's pension
India's Supreme Court rules Kashmir internet shutdown is illegal
"India's highest court ruled Friday that one hundred fifty day internet blackout in indian-administered Kashmir Kashmir violated Indian Telecommunications Law and government claimed the blackout was a security measure to prevent protest after a change to Kashmir special status however our justice envy Romana ruled that quote freedom of Internet access is a fundamental right. The court has given the government of India a week to revise its policies and become more more transparent about Internet shutdown orders in the future.
Slovak parliament toughens pre-election polling rules
"Parliament in Slovakia has voted to ban the publication of opinion polls full fifty days before elections one of the longest such bands in the world the bill was supported by the governing left it's smell party and the two smaller right wing parties the bill's authors say the claim the aim is to protect voters from disinformation but critics say the band will restrict access to important facts
"fifty day" Discussed on Biz Talk Radio
"The Dow one seventy one S and up five NASDAQ up five NASDAQ one hundred up eleven and. Transport's down. Eighty seven socks was down. Eight Russell mid cap. Small caps were down. All I can tell you is the Dow was up three hundred at the open at one point. It was down one hundred and just drifted back and forth. I can sit here and tell you the news that keeps emanating out of these jackasses that are running the show that's moving markets around. But we'd rather just deal with outcome outcome because when all of a sudden, Don. It will be about outcome. We dropped four hundred points from the high of the open rallied up at three o'clock, we were down about twenty five points and then drifted back up. Nasdaq NASDAQ one hundred all were week most of the day just got into the green in the last five minutes with a little bit of a flurry. There's a lot more earnings to come out. Remember, it's not the news how the market reacts to the news. And also how reacts to what we call the buybacks. 'cause we're starting to see a little bit of that. But let me tell you the most important part of the equation today. Listen, the Dow pulled back to the fifty day moving average and help. So three days were above it. The S and P five hundred pulled back to the fifty day moving average. And so far is held. The nasdaq. Pull back to the fifty day moving average. And held. The semiconductor index the socks. Got a little bit below. And finished a smidge above. So it's going to be me import tante day that that fifty day moving average holds and today. The fight was on. The fight was on. So just letting you know to me that was the most important part of the equation. As we're into earning season. But also what I'm starting to see. Is the buyback game. The buyback game..
"fifty day" Discussed on Biz Talk Radio
"How long this rally last? How far it goes? I do not know I do not profess to know. The bears. Keep telling me markets are extremely overbought markets on a short term basis are extremely stretched and extended now to the upside they keep telling me markets are now into massive overhead resistance as well. As the climbing fifty day moving average of the markets half the drop from here. That's what they're telling me. Guess what? My answer is. No. They don't. No, they don't. Markets can sit a little bit and keep going up. Why? It's simple. Wall Street takes its cue. For a decent part of what they take as a cue. From these morons at the central banks. We have obviously not come to the point yet. Where? They don't have control. And that's how you got the move. That we are getting right now. But to be repetitive. We don't know how far it lasts long it lasts or how far it goes. But. Thicket acts fine right now. If anything's it's acting real fine going into earning season..
"fifty day" Discussed on Biz Talk Radio
"S and P broke down below twenty six hundred. With just below that breakdown to. The nasdaq. Is more is actually in the midst of the lows, which were like sixty nine hundred seven thousand on the breakdown. It's now sixty nine sixty six you know, what's next on the NASDAQ fifty day moving average at seven thousand thirteen remember the fifty day moving average was once at seventy nine hundred. The NASDAQ one hundred same thing as as the NASDAQ the Russell two thousand. Which is the weakest of all coming up the quickest over the last four days. Just below the breakdown and just below the fifty day moving average what normally happens now. At these areas. Are all those people that bought in those vital areas are thanking the good Lord that they are back to even. And typically will just say get me the hell out and provide traffic resistance to further higher prices just near term. And typically normally would get like some pullbacks. But. I repeat. I expect pullbacks to be controlled if we get them. And rotational. Because a lot of things are turning the corner. Even the oils are going up they were left for dead. But of course, they rally with the market..
"fifty day" Discussed on Biz Talk Radio
"Eight moving average fifty day moving average. Interestingly enough, today's low was to seventy six eighteen and the two hundred day moving average is two. Seventy six a one I can't make that up. And the reason why these moving averages are important for that exact reason almost to the penny came within fifteen cents or so or of the about seventeen cents of the two hundred eight moving average before the bull shut up and defended and it closed in the middle of the range. So that's a good sign near term for the s&p. But it's caught between the fifty and the two hundred and the bulls wanna see it get back above Wednesday and Thursday's high, and of course, get above the fifty day moving average, which in this case for the p y is to eighty two fifty nine that might change, but it's forty to fifty nine as of now and the two hundred eight moving average or today's low would be near-term near super near-term support of. Two eighty to seventy six one, but the more important level to watch for all of the indices, ladies and gentlemen, for support would be October's low if that levels taken out odds are we're going down the February is loaded retest. So just keep that in mind now, that's the SNP. And then the Dow you can look at the DIA which ETF that tracks a Dow that's the strongest of all of the major indices right now, it's not only above the two hundred. It's back above it's fifty day moving average. And interestingly enough there. The low today was to fifty nine four and the fifty days at two fifty eight seventy two so about thirty cents with a little bit over thirty cents off of the fifty moving average. Again, it pulled back bulls showed up defended the fifty and it closed in the middle of the range, which very very short term. That's a good sign that at the front of the fifty and the bulls wanna see it's day above the fifty and the other indices catch up and the good news is for the Dow it's a few percentage points below. It's all time high yet again, that's a good thing for now. So stepping back you want to take your time with the market, and you don't want to force it. Get a lot of phone calls. I hear from a lot of people, and they just wanna force a trade. What's there to do? Right now. I need to be in. There's that foam. Oh, concept the fear of missing out and ladies and gentlemen. Let me tell you from experience from just, you know, dealing with people and talking and over close to tech aids of doing this and studying every major successful investor out there the most important element for success. Is yourself. Is the person you're staring at in the mirror because the only thing stopping you from being successful in this business is yourself not so much. What you know? It's what you do. Of course, your knowledge matters. Don't get me wrong. But it's how you react in real time. What decisions are you able to make and more importantly what actions? Do you take when the market falls? Do you clam up and get fear? Fear just take over or you able to look forward and find the next winter. Are you defined by your past you recent string of losses which happen? It's inevitable in this business. Or you're able to say, you know, what? Fresh start find the next winter..
"fifty day" Discussed on BizTalk Radio
"On busy UN breaks the fifty day. Swear heads down. To the fifty day reports tomorrow visa still above the fifty, day one of the stronger names but that's a four a broad rich. Breaks the fifty day that's, a four, my making a good point by the way on. This Autodesk that. Never got going Aspen tech breaks the. Fifty day f. Five networks breaks the fifty. Day fleet core MSCI Inc Stryker Trans. Dime I'm still in the, fours Martin Marietta, materials safe to say that ten times fast that just crashed in the last couple of. Days Lockheed. Martin that's the force Am I making a point now. Of those. Leading names and Just saying Okay So what we told you Friday really come into fruition. Today And You, know notwithstanding bounces which will get Okay By the. Way Facebook was down seven today finished down three eighty. Three maybe it's coming to a place where it's getting tired on the, downside but I don't. Know but when you down seven finished only down three eighty three and volumes heavy maybe get sold at. Maybe And as I'm. Looking through other breaks here for leaders hub spot Viva systems guide wire software, Canada goose love that name Go daddy even now that's at the fifty day, that's been, a real, leader, so, I, think, I've made my point I wanted to. Do it a little bit differently today It was at notwithstanding bounces Which could happen, tomorrow Or not I would suspect there is more time in price the go That's.
"fifty day" Discussed on BizTalk Radio
"Group breaks the fifty day constellation brands Yikes Blackboard, big top bays zone. Busy you went breaks the fifty day. Swear heads. Down to the fifty day reports tomorrow visa still above the, fifty day one. Of the stronger names but that's a four a broad ridge breaks the fifty day that's four my making a good point by the way on. This Autodesk that never. Got going Aspen tech breaks the fifty. Day f. Five networks breaks the fifty day fleet core MSCI Inc Stryker Trans. Dime I'm still in the, fours Martin Marietta, materials, say say that ten times fast that just crashed in the last couple of. Days Lockheed. Martin that's the force Am I making a point now lot. Of those. Leading names and Just saying Okay So what we told you Friday really come into fruition. Today And Notwithstanding, bounces which will get Okay By the. Way Facebook was down seven today finished down three eighty. Three maybe it's coming to a place where it's getting tired on the, downside but I don't. Know But when. You down seven finished only down three eighty three and volumes heavy maybe, get sold at maybe And as I'm. Looking through other breaks here for leaders hub spot Viva systems guide wires software, Canada goose love that name Go daddy even that's at the fifty, day that's, been a, real, leader, so, I, think made my point I wanted to do. What a little bit differently today It was at notwithstanding bounces Which could happen, tomorrow Or not I would suspect there is more time in price the go That's just the.
"fifty day" Discussed on BizTalk Radio
"In the whole market eightyeight new lows three ten advanced the clients twenty thirteen on the new york only sixteen fourteen on the nasdaq in a little bit we'll go through the new highs of notes and the dow today boeing bounced up almost five goldman sachs up three ibm up to dollar gainers apple right off the fifty day on apple caterpillar j p morgan up about another j p morgan in the aftermarket is up as of this second about one point eight percent mark excuse me microsoft on the fifty day moving average three m travelers visa right off the fifty day moving average on the downside united health week managed care walgreens cost the dow forty two points today put them in their cost down and that's the dow but other areas oils pulled down a little bit today goldstone ain't nothing going on there but remember i haven't said this i've hardly said this i'm watching gold right here right now not for leadership but only because it was pointed out to me how you really get some good seasonal strength when it's very weak going into july august september period and it's been really weak really extended to the downside in everybody hates it so i put gold on my screen and i'll report it to you forever starts the rev up ain't happening yet but of notes amazon a forty on their news google up nine net flicks up five tesla five was up twelve though and then some workers a tesla said no we're not going to reach our goals came back down but good day member we told you how they really started coming after the pretty girls the strong leaders they bounced up today nothing spectacular but they up alibaba three but it's just dropped from two ten to one eighty five at home up three nvidia up five but it just dropped twenty some odd points service now up four ultimate software five mastercard for intuitive surgical seven eight biomed three adobe to right on the fifty day moving average into it five right off the fifty day moving average i'll tell you what's really strong right now the wwe signed that unbelievable gear with fox in usa going forward for a few years i believe they triple their rights that they get house up another three today so good day for the growth land semiconductors bounced but man oh man if you go look at lam research go look at keighley tencor go look at applied materials m k s instruments taiwan semiconductor they look like crap at semiconductors louis important day we will continue to watch them closely financials again bouncing me bounce a little bits of oberhof i gotta stop there the aiken conductor index look where it held in april over five day period oh the two hundred day moving average win a close today right at the two hundred eight moving average it's called fisher cut bait time he got that two hundred day moving average longterm thirteen thirteen five you hit twelve ninety five today closed at thirteen eleven so in and around we'll be watching that bad boy closely.
"fifty day" Discussed on BizTalk Radio
"In the whole market eightyeight new lows three ten advanced the clients twenty thirteen on the new york only sixteen fourteen on the nasdaq that a little bit we'll go through the new highs of note and the dow today boeing bounced up almost five goldman sachs up three ibm up to dollar gainers apple what right off the fifty day on apple caterpillar j p morgan and be up about another j p morgan in the aftermarket is up as of this second about one point eight percent mark excuse me microsoft on the fifty day moving average three m travelers visa right off the fifty day moving average on the downside united health week managed care walgreens cost the dow forty two points today put them in their cost down and that's the dow but other areas oils pulled out a little bit today goldstone ain't nothing going on there but remember i haven't said this i've hardly said this i'm watching gold right here right now not for leadership but only because it was pointed out to me how you really get some good seasonal strength whether it's very weak going into july august september period at it's been really weak really extended to the downside everybody hates it so i put gold on my screen and i'll report it to you forever starts the rev up ain't happening yet but of note amazon up forty on their news google up nine net flicks up five tesla five was up twelve though and then some workers a tesla said no we're not going to reach our goals and came back down but good day member we told you how they really started coming after the pretty girls the strong leaders they up today nothing spectacular but they bounced up alibaba three but it's just dropped from two ten to one eighty five at home up three video up five but it just dropped twenty some odd points status now up four ultimate software five mastercard four intuitive surgical seven biomed three adobe to right on the fifty day moving average into it five right off the fifty day moving average i'll tell you what's really strong right now the wwe signed that unbelievable deal with fox in usa going forward for few years i believe they tripled their rights that they get house up another three today so good day for the growth land semiconductors bounced but man oh man if you go look at lam research go look at keighley tencor go look at applied materials m k s instruments taiwan semiconductor they look like crap semiconductors louis import dante we will continue to watch them closely financials again bouncing bounce a little bits were oberhof i gotta stop there the semiconductor index look where it held in april over five day period oh the two hundred day moving average with a close today right at the two hundred day moving average it's called fisher cut bait time he got that two hundred eight moving average there's longterm thirteen thirteen o five you hit twelve ninety five today closed at thirteen eleven so in and around it we'll be watching that bad boy closely.
"fifty day" Discussed on BizTalk Radio
"In the whole market eighty eight new lows three ten advanced the clients twenty thirteen on the new york only sixteen fourteen on the nasdaq a little bit we'll go through the new highs of note in the dow today boeing bounced up almost five goldman sachs up three ibm up two dollar gainers apple what right off the fifty day on apple caterpillar j p morgan and it will be up about another j p morgan in the aftermarket is up as of this second about one point eight percent mark no excuse me microsoft on the fifty day moving average three m travelers visa right off the fifty day moving average on the downside united health week managed care walgreens cost the dow forty two points today put them in their cost the dow and that's the dow but other areas pulled that a little bit today a goldstone ain't nothing going on there but remember i haven't said this i've hardly said this i'm watching gold right here right now not for leadership but only because it was pointed out to me how you really get some good seasonal strength when it's very weak going into july august september period and it's been really weak really extended to the downside and everybody hates it put gold on my screen and i'll report it to you forever starts the rev up ain't happening yet but of notes amazon up forty on their news google up nine net flicks up five tesla five was up twelve though and then some workers a tesla said no we're not going to reach our goals came back down but good day member we told you how they really started coming after the pretty girls the strong leaders they bounced up today nothing spectacular but they bounced up alibaba three but it's just dropped from two ten to one eighty five at home up three and video up five but it just dropped the twenty some odd points service now up four ultimate software five mastercard for intuitive surgical seven eight biomed three adobe to ride on the fifty day moving average into it five right off the fifty day moving average i'll tell you what's really strong right now the wwe signed that unbelievable deal with fox in usa going forward for few years i believe they triple their rights that they get house up enough three today so good day for the growth land semiconductors bounced but man oh man if you go look at lam research go look at keighley tencor go look at applied materials m k s instruments taiwan semiconductor they look like crap at semiconductors louis important day we will continue to watch them closely financials again bouncing may bounce a little bits were oprah hope i gotta stop there the semiconductor index look where it held in april over five day period oh the two hundred eight moving average with a close today right at the two hundred eight moving average it's called fisher cut bait time he got that two hundred day moving average does longterm thirteen thirteen o five you hit twelve ninety five today closed at thirteen eleven so in and around it we'll be watching that bad boy closely.
"fifty day" Discussed on BizTalk Radio
"Com bounces off the fifty day bounces off the fifty day visa and mastercard just looks like they want to go higher good reaction to earnings ferrari could reaction to earnings today's breaks out symbol race you get my point the problem is if we break the lows pay no attention to that if we break the lows they're gonna take them all down but hopefully the fact that a bunch of his leadership is holding may tell us something by the way here's one other i got mention a biometric bmi was up like thirty bucks today on that's been a leader by and other names of course apple good reaction but it's needs some work in here amazon strong needs some work in here if the gap up cisco and microsoft the rough off the fifty day intel just off the fifty day there are few lululemon that's extended though red hat acting very nice weight watchers is gonna gap up on earnings again tomorrow little breakaway gap so there's a bunch of names that you can put in your little file manager and we'll see what happens now of course there are a lot of names that have gone by pay pal alibaba estee lauder first solar google umana interactive corporate match dot com byebye seagate technology at a bunch of others but there's still stuff left.
"fifty day" Discussed on BizTalk Radio
"At gary k dot com or g call bomb at kaltbaum dot net where was i markets most major indices or above the fifty day moving average settled down today but i'm just looking at the price of copper steel aluminum palladium and all that stuff so you've got juiston that area today in the oils if you look at the hawaii h the h was up to two and a half percent today that's the services exo pay two and a half percent xl e one and a half those are the big oil's on telling you they feel about his overbought extended as can be probably they pull them in we'll see how they pull them in but if you look at the uso man oh man and kids we'll probably see two eighty nine at the pump here in the next week or so 'cause just remember when oil prices go up they raise them quick at the pump when oil prices go down the drop them slowly at the pump but no we're not trying to scroll ya right at least that's what they tell us the new high list well wait wait wait tiffany's that's the other one with good insider buying i f and somewhat persistent now the buying was done ninety five ninety six ninety seven to stock closed at one hundred and the chart is not very pretty just letting you know so tiffany's you got some i mentioned to you also home depot and that looked like it may have turned today still under the fifth actually finished on the fifty day declining fifty day moving average volume just a little better that normal now also hurt by the way other areas tobacco just crashing i mentioned the financials already i mentioned ibm i mentioned commodities transports go look at the white t that's the transport etf that god overbought today to probably gonna pull back in here but you can see how the transports held where it broke out november weird held in february and weird holds just about two weeks ago that's the final support and just so you know if the market the sites the turning tail tomorrow and head down we now have the finish on a rate of can't miss ridiculously over the top longterm support levels in so many areas.
"fifty day" Discussed on KBNP AM 1410
"The regional banks rallied light into the fifty day today and sold off decently the dow i think was in within ten points of the fifty day which by the way was a twenty four six five three we hit twenty four six four six before selling off about two hundred and nine hundred points from the highs today the nasdaq which hit today seventy one eighty three up forty four points finish down thirty four points the fifty day seventyone ninety we at seventy one eighty three so this is important if we cannot get above the fifty day moving average by the way one decently stronger day we can but if we can't that's not good news the longer you live below the better the opportunity for sellers to come in and really bus things down so very thrilled with today now this two three four five thousand twelve thousand i don't know how many stocks report starting monday but a ton that is what will be paying attention to and like we always say it's not gonna be the news it's how things react to the news j p morgan beat estimates revenues accelerated a bit boom down black rock beat handily yesterday gapped up black rock is where it was before yesterday at the close today and by the way rallied right into the fifty day moving average so a lot of food for thought here in the dow today is mentioned boeing eight goldman sachs three sixty ibm buchan change travelers a buck nothing was up above but as i'm just down here financials nick up next we'll continue along these lines and much more i'm gary this is the one only investor's edge.
"fifty day" Discussed on KBNP AM 1410
"Yesterday and so many other areas just go into their own private bear markets while the financials the nasdaq nasdaq one hundred and the things that are involved there the semiconductors held up great but then we told you yesterday about what we have to be careful about is all the money not working parking itself in the money that is working because ultimately what always happens is once the parking is done and under the weight of all the things dropping occur everything gets hit and we don't know timing and we play it by the day we don't know exactly how it plays out we just know that as i said yesterday it sure is playing out bearish louis which brings us to today because as i speak the dow is down five hundred thirty s and p's down forty seven the nasdaq one eighteen the nasdaq one hundred one eighteen the transports down to eighteen the semiconductor index down twenty six and you know what's actually kinda sorta leading down today oh the financials of the financials now the semiconductor index did not break support yet in fact it's been very strong the nasdaq though now breaking a little bit below the fifty day moving average not good and the same for the nasdaq one hundred so we just ask you careful that's all just be careful this is no hill for a climber the markets on the distribution and it doesn't matter to us why we can give you a dozen reasons up next with the market wrath will give you what may be so reasons as we get in depth to the final hour today's.
"fifty day" Discussed on BizTalk Radio
"That was your day the nasdaq one hundred remain above the fifty day moving average as well as the russell two thousand small caps but there's a reason for that in middle of the day today i wrote some notes on the website just mentioning that for the first time in a while energy stocks we have told you that energy prices have ticked up but energy stocks have been underperforming them will the move and energy prices today was very strong and finally a bunch of names courts and got bought and they're now on my screen a bunch of names moved above the fifty day moving average names like symbols a pc ceo are cop fang hp and the like and when you have a chance to look at the major exchange traded funds for these oils go look at the x oh pay exploration you will see it has been sitting here drifting a little bit higher since the low february ninth but kinda sorta staying between thirty three and thirty five for about six weeks today edged above it the x l e looks the same not as much but you can see what the accelerated it's helped support supported sixty six bucks a few times in the last six weeks dropped off today that's the big oil and then the oil services oh y h kinda sorta looks like the x oh p so energy was a big help to the indices today at least the snp added the dow chevron was up to and a half exxon was up a box so that's about twenty dow points also a both of those look like the south end of the northbound jackass or my new york knicks basketball team which by the way friday night i probably gonna go see them at the garden i'm going to give a dole in some of my money why i don't know but we're just letting you know oils am i don't know what they're gonna do from here but just reporting to you if you look at like a excuse me abc added darko you will see that looks pretty constructive that actually been sitting on the fifty day and moved off today pretty nicely something like that hit my screens.
"fifty day" Discussed on KBNP AM 1410
"Don't know if that took a play into today maybe it did here's what i do now all the major indices except the nasdaq nasdaq one hundred and to a lesser extent believing the russell two thousand are in what i call no man's land between the the fifty and two hundred eight moving average which is not good news but not necessarily bad of course we're now going to watch those two hundred day moving average is closely a break below and good night irene the nasdaq the nasdaq one hundred both hit the fifty day moving average today and bounced off it a little bit a little and we'll go through the numbers of a little bit it would be normal as normal can be to get a little bounce off the fifty day moving average the first time hit as of recent and that's what the nasdaq nasdaq one hundred semiconductors did not get down that's the socks out to the fifty day the russell two thousand the fifty day in bounced but everything else underneath and may i say the financials the xl leff broke the fifty day today and in case you don't know what the fifty day is that's just an important area support you don't believe me go timetested but all those other areas that are bearish man the xl p which is the consumer staples just crashing the xl all your dust rules ugly japan ugly the healthcare xl breaks badly can only rally up into resistance before fading the metals and mining now troublesome look at the xm the steel stocks the lx rollover i thought these are supposed to house hopes the oil companies well maybe not by the way in case you don't know all this dumping of steel ought to our show s has kept the price of steel down you got that.
"fifty day" Discussed on BizTalk Radio
"Maybe it is at this juncture that is imperative you watch for fifty day moving average and the brakes okay that would be a cue for you to review the cue to review okay am i don't need really to go further than that i don't wanna turn into the end of the world that just you know we need to be cognisant of the deal where do and we'll play it by the day has a ton of earnings come out now now i mean thursday is going to be one hell of a walk for the nasdaq one hundred amazon google i believe apple sameday i gotta tell you i i think that's a mistake to have them all the same day you get three gaps down gaps the downside all hell's going to break loose google amazon apple amgen another one four big names in the nasdaq types so stay tuned on the apply today why don't live up eleven had a little break out today on numbers harris court same by winds resorts bounce today almost up eight bucks storing there are leading tree.
"fifty day" Discussed on BizTalk Radio
"Fifty day moving average up for the year moving sideways but not by much you've had really not a lot of movement this year but as long as the xl laugh stays above the fifty in it's closed right there it is just moving sideways i don't have anything bullish as they like could screaming by it can't they think bearish because it's acting wealthy exploded higher after the election at one of the big reasons why the market was up this week is because the narrative shifting in dc the with the focus is now becoming on the tax cuts tax cuts are good for the economy which in turn is good for the stock market and that's been of a net positive so we'll see would actually ends up happening but for now the financial which are very important catalyst or a proxy for the for the overall economy the finances are moving sideways and acting well they're just off their highs for the year and you i don't have anything really awful to say if they take out this week low they're going to fall to the 200day moving average one could argue you've got a little bit of wedging action here which is not ideal in other words are broke will the fifty now it's kind of moving back up and closed on the fifty so if you start seeing some selling over the next few days look out below conversely if it's able to take out this week tying and rally got a nice little downward trend line over the last few weeks probably going higher so get just like the the dow and the sp snapped a twoweek losing street the xl less sitting right next to the fifty and you've got an important area of support which is this week slow and you've got resistance which you can use this week's high and if he's able to break the next move wins stable breakout going higher breakdown it's going lower until then there's not much to do that for the financials let's talk about the semiconductors the smh acting stronger on a relative basis strong action this year we have a chance to a look at the estimate on a daily chart look at the any moving average more or less it's held yet a few breaks got right back above it and now with consolidating nicely above the fifty acting well the the nice downward trend line of emerging you could updates.