percent or more throughout the day so let's go ahead and take a look at the state of markets with michelle snyder she is the director of trading education and research at market gauge dot com michelle thank you so much for being here i want to start with the company posted a loss of $1800000000.00 in the latest quarter due to the pandemic forcing people to move around last staying at home now that coupled with the issues that they've had in london and in california has been cause for concern for the company especially as they move to actually turn a profit for the 1st time but their stock right to does you should. today on this news what are your thoughts on as of now. well 1st of all if i look back at it from the end of august early september it already went into what we call a bullish phase in that it was holding some key moving averages that a lot of investors like to look at so when you have a kind of support even before all of this in the face of bad news all it takes is a catalysts like what happened today with london for the market to move up and you have so many investors right now and sp

of deal and come up with a compromise with this new stimulus bill must co-host christine and michelle snyder market gauge dot com thank you both so much for your time today. on tuesday general motors announced it was acquiring 11 percent stake in a coal of core worth about $2000000.00 well the u.s. electric truck makers shares they popped as much as 53 percent following the announcement while g.m. shares they also jumped 6 percent now under the deal the 2 companies will build a hydrogen fuel cell electric pickup truck the nikola badger nikola founder and executive chairman trevor milton said nicole is one of the most innovative companies of the world general motors is one of the top engineers in manufacturing companies in the world you couldn't dream of a better partnership than this the truck will compete with tesla cyber truck and it's expected to start production in late 2022. it looks like boeing is keeping qatar airways as a customer the 2 sides reach a deal that would begin deliveries as early as 2022 meanwhile production problems of a specific plane model have boeing officials answeri