good luck there in eisland welcome any time >>> still ahead, the exclusive consider the calstrs cio stick around at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today. but with the covid-19 crisis, many veterans are struggling - to make ends meet or get the care they need. dav has helped ill and injured veterans for one hundred years, but today, the need is greater than ever. give to the dav covid-19 relief fund - and help provide critical assistance to veterans in need. go to dav.org/helpvets or call now. your donation will make a real difference. >>> the markets making most of your money back after massive losses ahead of the decade. plus new number one issue that could be the deciding factor in the 2020 election. ahead, bigger than toyota. and how tes

i was listening to "worldwide exchange" and he had the cio of calstrs on he said he thinks the day traders are holding things up. he said he's not very optimistic about what is going to happen next it is very important to figure out how much of these things matters. why is the market continuing to hang on here >> there are a lot of cross currents right now i was writing down all the pluses and minuses it is almost a page full of stuff. a few months ago as the market was bottoming, the tape was extremely oversold sentiment was oversold the rate of change on the economy was starting to bottom and there was a peak in italy at that time, knowing we were a couple of weeks behind that was the bottom of the market since that time, the market had a good underpinning the economy is getting less bad. keeping it removed and keeping it a floor under the market. we had a very, very strong take. 45% gain, 75% retracement. 98%% of stocks you don't want to ignore that. part of the moves really in the last month were exaggerated or emphasized by the day trader effect that is hard to quantify people are tra