brooke sutherland as well.bloomberg. ♪ viviana: this is "bloomberg daybreak." i'm viviana hurtado with your bloomberg business flash. buyersn with potential looking at marathon petroleum speedway gas station chain. bloomberg has learned the deal could stretch more than $20 billion. among those interested, the japanese company that controls the 7-eleven chain and a private equity firm. bitcoin has appears to have decisively breached $10,000 for the first time since september. the digital currency rising for its longest rally since june. now buyers are setting their sites at the next resistance levels. whond with nissan reportedly may post its first quarterly loss in 10 years. the reason? a drop in sales. production shortages due to the coronavirus is may also be a factor. i'm viviana hurtado and that is your bloomberg business flash. romaine: time for the bottom line where we take a look at three companies watching -- worth watching. i am watching bed, bath & beyond. you might want to look away. shares down almo

brooke sutherland, thank you. amanda: coming up next, mike sommers, american ceo of the petroleum institute. we will talk about what a potential ban on fracking could mean for the economy. amanda: this is bloomberg markets. i'm amanda lang in toronto. vonnie: i'm vonnie quinn in new york. the coronavirus epidemic has entered a new phase. there are now more than 75,000 cases, and now cases outside china are starting to multiply. it has been described as insidious. infectedortion of people are well enough to go about their daily business, so they could be spreading the disease to others. the coronavirus is genetically similar to the sars epidemic from years ago but appears to be milder in terms of illness and fatality rate. the flu epidemic killed an estimated 50 million people a decade ago. get the virus by coming into contact with droplets admitted when an infected person reads, talks, cops, or sneezes. these can also be transmitted by hands or surfaces. there is good news. simple disinfectant can kill the virus.

brooke sutherland of bloomberg opinion.it point retracing in bear markets. more in today's technically speaking. radio heardoomberg on sirius xm channel 119 and the bloomberg business app. this is bloomberg. ♪ alix: time for technically speaking. ,oining me is mike mcglone bloomberg intelligence commodity strategist. we talked about the risk on, risk off environment. crew rolling over again. a nice bounce was not able to deliver. when you look at the chart, what you see? walk me through what you see in the crude market? mike: the trend is down and it has good reasons to be down. bond yields are declining. we know there will be declining demand out of china. in this chart the key thing that matters is the trend is down and thing look at -- the key is this is the s&p 500 relative to the 50 day moving average. if you look at the right hand side, that is bond yields. what you have to decide is what you follow bond yields. the big risk is if this rolls over, if the s&p 500 rolls over, there is little hope for crude oil at 50. it

earlier on saturday heard sutherland capped off a tumultuous week with a win over last place had a born it was just days ago head coach you're going klinsmann unexpectedly quit the club over differences with management but the victory should go a long way to cleansing the palettes of fans and supporters desperate for change in fortune. just a week ago heritage system alexander nori couldn't have expected to make his return to head coaching but then you're getting things month shock the club by resigning. determined to shake off the negative headlines in their relegation battle with powder book. with just 10 minutes played santiago out to sea bar across from deep and belgian bomber detrick rose above the rest to head home. one male hair to. the visitors look to have doubled their lead just 8 minutes later but heritage debutant materia schooners goal was chalked up to the stop young was real to handle the ball and the run up to the play i'm. despite the setback nori squad headed into the half time break with a comfortable one nil lead but speaking out with the one no win would simply be t

vonnie: brooke sutherland, thank you as always. guy.ming on the brink of change," the future of electric vehicles and he passed to mass adoption, plus the challenges facing consumers and the automakers. it is a special program tonight at 9:00 p.m. new york time. this is bloomberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is "bloomberg markets." palladium is one of the hottest precious metals right now, up this year 38%, but coronavirus pressure starting to ripple through the auto sector could create a stall in this rally. renita young has more details. renita: palladium is used to curb toxic emissions from gas fueled engines. stock prices recently had an all-time high on increased demand and tight supplies come about what goes up must come down. a slowdown in china's auto industry could tap the brakes for palladium. china is the world's largest auto market, and its height massive sales slump of 22% in january. meanwhile, auto factories across china have halted some operations due to auto

brooke sutherland did write about this.e for many things, but dragging u.s. economic growth below 3% is not one of them. it feels like boeing is a convenient scapegoat for an administration that does not want to admit its trade war with china drags the manufacturing sector indra moderate recession. she joins us now. walk me through how you see the boeing effect. brooke: it will certainly be a drag, but to michael's point they did take production down. productions are still going full tilt before the max crashes. he did not see as much of a drag as you might have. the production halted take effect in january. you will see some impacts. most economists are talking about a 50 basis point hit. you should mix that up if the plaintiffs not come back. planes do not come back. there was talk of a 50 basis point drag for the whole year and that is the reason we were not above 3%, which does not add up when you look at the math and when where economists forecast before the boeing drop. if you look at 2021, economists are forecasting

itsould see nissan maintain plant in sutherland and ramp up its market share in the u.k.rom 4%% to 20%. nissan has denied that this exists. the japanese automaker points to -- >> when of the world's bibiggest tobacco companies has a new man in charge. >> imperial brands has name to stephen bomb heart as its new ceo. like dustwns brands in recent years the firm has a shifted -- in recent years the firm has shifted to e-cigarettes, even dropping tobacco -- from its title. u.s. presidential election kicking up a notch today with the caucuses in iowa. tell us more about the effect that is havingng on t the f finl world. >> the state is reaping the benefits. campaign w workers, journalists, and even political tourists flocking t tthe hawkeye statate anand spending their money.. >> the iowa caucuses are big business. every four years the state is inundated with campaign workers, the media, and self-described political junkies on holiday. >> we get a link from the des moines register and we follow the candidates. we go to as many events s as we can to see the candidates up close

. >> reporter: princess sutherland is not a cold weather person, but despite that, she's trying something new. a new workout class where the thermostat is set to a chilly 50 degrees. >> it was out of my comfort zone, so i decided to try it. >> reporter: it's high intensity in chilly temperatures. the class is called brrn, with an emphasis on the brr. it can help you burn more calories. >> our whole thesis is we want you to sustain a higher intensity for a longer period of time, and cooler temperatures do that for you. >> reporter: the brisk temperatures also trigger the body's metabolism to keep you warm. now if you don't have a class like this in your neighborhood, there are still some ways to get all the benefits of a cold weather workout. >> you can go for a shiver walk, dress in light layers, go for a walk around the block. >> reporter: after her first try, princess says she's convinced. what did it feel like? >> it was just high intensity from the start. it felt better breathing in there and always felt refreshing when you stopped working out. >> reporter: proof that you don't have t

they were dumped outside the fire station in sutherland just days after 13 royal pythons were left in the same spot. officials said they were all in pretty good shape and investigators are trying to figure out who dumped all of the snakes. >>> and scott arizona the baseball commissioner is on the hot seat. we will tell you why and i am listening to the youngest giants expert to give me the predictions on the upcoming season. their reaction, straight ahead. >>> taking a live look outside of downtown san jose, this burger's delicious! let's make it more delicious! ♪ menutaur put an extra patty on that! bam! woah! uh-uhhh! my $4.99 triple bonus jack combo! stack it up for an extra buck. tomtrump on the economy.ald his people over profits plan makes a living wage a right. creates thousands of good paying green jobs in california. and provides a 10% tax cut for everyone making under $250,000. tom's plan also makes health care a right, by adding a public option to obamacare. protects union negotiated plans. and ensures californians can make their own health care choices. i'm tom steyer and

all the time the wind strengthens inland with dust up to 60 mile an hour, sutherland posts could be upy of us wet and windy. into sunday, clear spells and heavy showers for scotland and northern ireland but this area of heavy and may be torrential rains sit through these parts of england and wales and the rain is at its heaviest the wind will be gusty and squally and much of that during sunday will gradually move its way south. it will clear for some of us on sunday, it will brighten up behind the rain and turned colder but look at the showers packing in for the north—west. hell, thunder, wintry on hills in scotland and again with very gusty and squally wind. again it will be windy on sunday with the wind easing when you see the back of the rain to the south but it could strengthen further and the day on sunday and tickly in scotland. there is an indication that behind the rain the temperature is dropping and it will feel colder. again, to reinforce the point that while for some of us at the end of sunday the wind believes, scotland, ireland, northern england, north—west wales they win

let's bring in bloomberg opinion columnist brooke sutherland.used, for three decades or so, we created where wely chain, could get things from china or some other country relatively quickly, cheaply. a lot of people seem to be questioning whether that is still wise. brooke: you have to think about why we did that in the first place. efficiency and cost savings. we are now finding out that it is not always the most productive. we should not put all of the supply chain on china, which i think it's very valid. the shifts into vietnam, there were some grumblings in the trump ministration about this flow of goods going to vietnam. of them claim they are localized, but the fact that you did see the tariffs influencing their costs as much as it did suggests that the circle is not fully closed. joe: you hear about companies having to diversify supply chains. but does the -- what does it really exist? it does not have as much experience building these highly technical things, like a foxconn plant or something like that. diversification much easier said t

brooke sutherland of bloomberg opinion, thank you very much.nk with you. katie koch, do you like tv better now? katie: a little bit. alix: we are looking at futures fluctuating after two days of selling. if you're jumping into the park, tune into bloomberg radio heard across the u.s. on sirius xm channel 119 and the bloomberg business app. this is bloomberg. ♪ alix: time for technically speaking. setting up you -- setting you up for some traits of the day. double load -- bill maloney joins me. listen to bill on the bloomberg at squa . bill: futures all over the place. up around 11 right now. looking at the cash, a plunge below the 100 day moving average yesterday but held 50% of the move yesterday, 3124. then look for 3100. the 150 day which held going back to march, down around 3092. 3150 to 3154 your first resistance. katie: that -- alix: that is a support level to see. bob iger is moving to executive chairman, new ceo. bill: the stock is down around 2%. to support levels are 125 126. that dates back to the april gap. it needs to hold tha

brooke sutherland, thank you very much, and mike, thank you. you're going to d.c.? alix: coming up, twitter surging in premarket. resistance around the 200 day moving average. more on today's technically speaking. if you're jumping in your car, tune into bloomberg radio heard across the u.s. on sirius xm channel 119 on the bloomberg business app. this is bloomberg. ♪ alix: time for technically speaking. bill maloney joins may. listen to bill all day. type in squa . let's start with qualcomm. kind of murky when it comes to the outlook. bill: down 1.3%. well-off premarket lows. the trend is higher since january 2019. that is your long-term support. the stock merck, is still below the 2000 peak, which is 100. biogen, a pop to in premarket. bill: biogen surged intraday on patent news, up 2.7% in premarket trading, offered around 342 or so. it has been in these trading ranges amidst this range dating back to 2015. potential resistance today dating back to the 2015 cap. 324 and then three to 56. -- 356. alix: let's talk about twitter. bill: up around 8% in the premark

romaine: our thanks to brooke sutherland.esla surge and whether it is time to start getting cautious for tesla investors. if you're jumping at your car, tune into bloomberg radio heard across the u.s. on sirius xm channel 119 in the bloomberg business app. from new york, this is bloomberg. ♪ romaine: time for technically speaking. we are with bill maloney, the chartered market technician and the voice of bloomberg's equity squad. he joins us right now. what is up first? taking a look the s&p 500? bill: futures are up. we talked about how 30 to 48 and 3250 was resistance. potential resistance in this then 3300. and first resistance around 3286. sonali: i know we are also looking at the stock of the morning. tesla breaking through 900 premarket. what if we got? bill: it jumped 20% yesterday, the biggest move since 2013. closed at 91. that is a bit extreme. soaring at the premarket. it hit 900. when it came in this morning it was at 800. it started to be in these gaps. it almost feels like amazon and qualcomm during the late 199

alix: brooke sutherland, thank you very much. michael mckee, thank you for hanging out.ar hitting a fresh low. how low can it go? if you're jumping in your car, tune into bloomberg radio heard across the u.s. on sirius xm general 119 and the bloomberg business app. this is bloomberg. ♪ alix: time for technically speaking. bill maloney joints me now. listen to bill if you type in squa . let's start with the s&p. rolling over again today. bill: futures under pressure. down around 41. we talked about the 150 day moving average yesterday. it will open up below that on the open. the first level you want to watch is 3061 which is a retracement level. below that the 200 day at 3046 and below that 3027. the first level you want to watch is 3061 in the cash. alix: let's get to the 10 year yield. i asked you the question how low can it go. where is the support level? bill: we do not have a support level become -- because in theory we have taken out the old support level of 2016. yields are low again. looking at imax chart on yields, we had a false breakout of 2018 but this has

memo, in the opening page, they cite the famous united states versus burger case from 1935 just sutherland where it talks about how a prosecutor has noble role and must strike fair but hard blows when needed, and it talks about impartiality and you should not consider who the defendant is and their position in life. yet the memo itself was filed because of who roger stone is and his relationship to the president. >> what do you read plastic barr or his allies' emphasis in giving up talk of him resigning? >> i think it is a head fake had basketball. i believe the president of the united states has given barr a little leash, not a big one, but a little leash to sort of say something negative about the president. and i want to go back to bill barr's interview on february 13th. you have to listen to it very carefully just like his answers to kamala harris in may of last year. he said he never discussed the stone case at the white house. it could have been at dunkin' donuts, it could have been at olive garden or a 7-eleven. >> what about a cinnabon? >> absolutely. >> okay. >> the other they kno

horsemanship it stands for her wild little mustang she literally had so much anxiety and frustration julia sutherland is the owner providing training and problem solving for both the horse and the owner, but for southerland i love my mcdonald's people mcdonald's in labelle is a special place by words or dollars for 9 years, so i know those guys and they're so supportive of my family and my business southern might have her daughter 7 show me what it takes to get the horses into town. and says the lessons these horses learn at the drive-thru last a lot longer than the fast food because you're on just helping this horse be confident and say for the rider but you're helping that rider mark through fears part of this nonprofit's mission is to work with children in the h program and other kids dealing with trauma and they need a good therapeutic consideration, this works so whether it's on the ranch or with a side of ranch. that's not so good these mustangs at mcdonald's, the hungry mommy coming to continue this training camp yeah, all the labelle. sweet story now is the tory reporting and that wraps up kr

men as well as donald sutherland as we heard in andy gallagher's report in the last hour he's tweeted along the following lines fake news at c.n.n. and m s n b c he means keep talking about in inverted commas liftin and colonel than as though i should think only about how wonderful he was actually i don't know him never spoke to him or met him i don't believe but he was very insubordinate reported contents of my perfectly correctly and he continues was given a horrendous report by his superior the man he reported to who publicly stated that been had problems of judgment during to the chain of command and leaking information in other words out that last part of the tweet they're quoting some person allegedly in command of the men and no record of any criticism of the record in fact he was given a clean bill of health as were the norm numerous citations in his military career and indeed in his work on the national security council but this tweet is referring to alexander been there again his twin brother was also walked out on debility escort from the white house and a secret service es

joining me is brooke sutherland of bloomberg opinion. was this a surprise? brooke: i think it was surprising just that we have not had good news out of deere for quite some time. i should caution that this is not necessarily a return to growth, but at least there's no longer deterioration. that extends to the overall market. they are still looking for agricultural equipment sales to be down 5% to 10% globally, but that is not any worse than they expected in november. that includes the forecast for asian equipment sales to be flat. it is unclear if they will have to update that given the spread of the coronavirus. right now, they are seeing at least an uptick in former confidence. they are seeing people start to come back to the market again. whether or not that holds will be a question for the call. construction industry are still seeing pretty broad-based weakness, looking for a 10% to 15% decline in that market globally. that is the same as november, that they are implement involuntary layoffs there and cutting the operating profit for that division. alix:

now, a look at the show that shows kiefer sutherland, full tommy lee jones, for his hunt for the fugitivege and armed. let's go make our case make no mistake, we're going to take him down. he is to be shot on sight. >> i'm already hooked. >> me, too >> jack bauer "24" vibe going on there. quibi launching in april >> one of my all-time movies. >> me too! >> i didn't kill my wife i don't care >> hot house, hen house, there's so many good lines >>> you have a click >> i do. today's video is one i'm sure parents can relate to. we have a woman who is trying to have fun with the kids but clearly, a children's toy is meant for children struggling to get out of the car. eventually, it's over. a friend recording obviously, not much help >> great friend. that's fantastic. >> guys, look who is here! >> who >> andy samberg. >> get out >> uh-huh. good morning >> walking right in. >> how are you >> "brooklyn nine-nine" is coming back. a lot to talk about. >> and a movie at sundance, too. >> both of those things. >> and palm springs. congrats on that. >> appreciate it you know, it's no "hamilton. >> a l

alix: brooke sutherland of bloomberg opinion, thank you very much. the impact of the coronavirus is being felt by big businesses. you now have united airlines, mastercard and apple emerging as the latest companies to warn that sales and profit might get harmed by the virus spread. joining me from new york is dani burger. walk me through what we heard from mr. cut and united. >> they said mastercard is down in premarket. this last forecasting. travelers will be holding back because of coronavirus concerns. i should point out a change in leadership at mastercard. we learned of a new ceo coming in he will become the ceo 2021. but for these other companies, the coronavirus is front and center. united completely scrapping its 2020 outlook. but it is not just the forecast, it is the on the ground data. apple, according to ubs looking at chinese data, says apple iphone sales in china fell 28% in january. this is when the coronavirus was emerging. so ubs says that february is likely to be much worse. we are getting the peak of the virus. all of these are ane