Mottek On Money

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks start the week with a rally coming off the best week for the Dow since 1938 following the passage of the $2.2 trillion dollar coronavirus rescue package in Washington. Health care stocks including Johnson and Johnson and Abbott Labs led the charge on news J&J is working on a coronavirus vaccine and Abbott has received FDA approval for a five minute coronavirus test. Economic damage from the coronavirus business shutdowns continue. The price of oil plunges to the lowest seen in 18 years. Guest include Michael K. Farr, President and CEO of Wealth Management Firm Farr, Miller & Washington and CNBC contributor and John Kilduff, Oil analyst, founder Partner, Again Capital and CNBC contributor. 

Support the show: https://www.frankmottek.com

Another week of extreme moves for the stock market, this time on the upside as investors cheer new moves by the Fed as well as the $2.2 trillion coronavirus rescue package approved by congress and signed into law by the President. The Dow pulled back 900+ points on Friday, but despite that ended up 13% for the week, it's biggest weekly percentage gain since 1938. A mid week 3 day rally sent the Dow up by nearly 4000 points. Entire sectors of the economy remain shut down during the current coronavirus emergency sending weekly jobless claims to all time highs. Analysis of another epic week from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Art Hogan, Chief Market Strategist, National Securities. Jeff Lazerson, President, Mortgagegrader on nervous times in the real estate business with the economy on lockdown and unemployment on the rise. Los Angeles business and civic leader Matt Toledo, CEO, Provisors on how the business networking organization has pivoted fast to online networking in response to the coronavirus emergency.  

Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally for the third day in a row after the U.S. Senate unanimously approves the CARESact, a $2.2T coronavirus rescue package, which now moves on to the House. Weekly jobless claims hit an all time high as nearly 3.3 million Americans applied for unemployment benefits due to the coronavirus shutdowns of entire sectors of the economy. The Dow closes up 1,352 points to 22,552. The Dow is now up about 3,900 points over the past three trading sessions. The latest market moves, economic outlook and more discussed with guests: Ken Winans, President, Winans Investments, author of Investment Atlas, Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center.

Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks move up for the second day in a row on optimism about a massive 2 trillion dollar coronavirus rescue package working its way through congress. The Dow came in for a closing gain of nearly 500 points. It ended about 800 points below its high of the day in another volatile session on reports a snag had developed in the coronavirus rescue deal. Stocks moved up for the second day in a row for the first time since early February and followed a 2,113 point closing gain in the previous trading session. Analysis from Art Hogan, Chief Market Strategist, National Securities. The real estate business has come to a virtual standstill worldwide because of the coronavirus shutdowns. The latest discussed with Aaron Kirman, President of the Luxury Division, Compass Realty, Beverly Hills and host of Listing Impossible on CNBC.  A special "Frank and Stein" discussion on the vicious bear market, the economy and the outlook with economist, financial commentor, actor and author, Ben Stein.

Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks roar back on hope a massive 2 trillion dollar coronavirus rescue package is close to passage in congress. The Dow closes UP 2,113 points to settle at 20,705, its biggest one day point gain in market history and the biggest percentage gain (+11.4%) since 1933. Extended market coverage with guests: Kevin O'Leary, "Mr. Wonderful" on TV's Shark Tank, founder of O'Leary Financial Group, O Shares ETF's. Gabriel Wisdom, President, American Money Management and author of Wisdom on Value Investing. Todd Johnson, CEO, Beverly Hills Chamber of Commerce on supporting local restaurants during the Great American Takeout Day today during the coronavirus national emergency.

Support the show: https://www.frankmottek.com