I think corporate activism which seems to be on a course with conservative values. That and much more on making money. Charles after a difficult week for the markets that saw a big selloff on friday, you know what . It is no surprise that were up today. At least that is what history tells us. It worked like a time. For the past 10 years buying a dip is a major moneymaker. It provided best opportunities on friday with 2 or more losses. The result has seen monday rebounds up 70 of the time. Over the course of the month up over 90 of the time. Over time history is repeating itself. I will bring in Money Map Press shah ghailani and Gibbs Wealth Management president erin gibbs. The market finds way to bounce back from the friday selloffs. We started out pretty wobbly today. What do you make of the rebound so far . Charles, it is like you said it is expected. When we see massive over2 drawdowns on friday. It gives everybody two days to calm down, to reassess and really realize maybe they wer
From the east bay hills, mt. Hamilton. And there will be those cumulus ildups for a ls morganhi few scattered showers and, as i said, they will continue to move up to the north with a chance of showers in the south bay this morning, even the peninsula. Maybe the east bay. Overall, though, you are milder and cloudier in the south bay, 48. You are clear and chilly. We are looking at temperatures coming into the 50s. Check it out. Weve got mostly sunny conditions. You see the green there. Im stopping that at 4 00. Some showers will be in the area. Well talk about more showers for your sunday. Jobina . Thank you, lisa. We begin with the latest coronavirus count. There were just four related deaths reported in the bay area. Now at least 11 total. Sonoma county reported its first coronavirus related death last night. So did contra costa county. Hardhit Santa Clara County reported two new fatalities. Bayarea wide surged well past sub acute rabitn tested positiv the coronavirus. 75yearold man
We go in closer, can you see from loss gatos south of san jose, santa cruz mountains, the system will continue to exit out of the bay area. From the peninsula to the south bay, chance for a shower this morning. Were looking a nice spring weekend. First weekend of spring. 45 in san leandra. Cool 30s in the north bay. 39 in novato. 38 in santa rosa. Warmer this morning than we were yesterday, couple of degrees warmer will translate to a beautiful afternoon. 10 00, mid 50s and a few clouds around. We go through the 1 00 hour, were in the 60s, mid to upper 60s this afternoon. We could see a shower from mt. Diablo to mt. Hamilton. Well talk details rest of your weekend and a cold week ahead. Jobina . Thank you. We begin with the latest on the coronavirus count. Four related deaths reported in the bay area, now at least 11 total. Sonoma county reported its first coronavirusrelated death last night. So did cost a new overnight here, a resident at the altos at rehab center has tested positive,
Its ceo Michael Wirth will join us exclusively this hour tesla shares set to hit a new record at the open as the electric carmaker delivers its first china made model 3 to customers. 24 hours ago looked like the selloff might continue on monday and reaction to those middle east tensions but stocks did erase earlier losses to finish yesterday in the green. Major indices saw their third positive session we watch gold, jim, are we betting this is short in duration and limited in scope . You used to work for zilian i keep thinking about that word over and over again thats the word that define this is market. Because yesterday when we were down very bad, ugly down 200 dow points, the dow is down that much, it did look like the beginning of something big, and you know what you saw . Shorts pressing, thinking this is it, this is the big one it wasnt the big one and i almost feel like that unless something happens thats completely out of left field, if you read what iran wants to target, peopl
Studios, this is kpix5 news. Now at 4 30 and screaming on cbsn bay area, were looking live from our Sales Force Tower cam a as we look north at the Golden Gate Bridge. It is still windy out there and rain. It is wednesday. Good morning everybody. November27th, im michelle griego. Im kenny choi. Were on storm watch again. Lets begin with mary. So were tracking that wet weather on high def doppler. It is still lit up as we start off the day. So lets zoom in here and you can see that light to moderate rain pushing across the Golden Gate Bridge into San Francisco across the bay bridge into the east bay from berkeley, oakland, al me ta, daly city and down through san bra no. You can also see that heavier rain right now along the coast pacifica, and rainfall rates well check and heavy downpours. This is really coming down, about 2 inches per hour for rainfall rates and some impressive rainfall rates. Right in San Francisco, getting a storm report here and i want to show you this, because the