And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side as well. This is what i mean when i say the goldie locks
Of play for stocks as we build into our discussion. Youve got dr. Birx on the task force. The covid surge, quote, the worst event the country will face coming this winter. Stocks have run a lot coming into november. The vaccine is getting closer day by day values been outperforming lately the value etf coming off its fifth positive week in a row thats the First Time Since its fiveweek stretch ending the end of december of 2019. So my question to you to start things off, where do we go from here it seems like the market wants to go higher i think its been incredible all year it seems to definitely be picking up steam in november and pt fir the first part of december, investors are leap frogging, the political discord in washington, the lack of fiscal stimulus and leap frogging that and buying stocks in general and buying growth stocks, buying momentum stocks, buying value stocks, airline, energy, all of the above. It a really good time to reflect as investors, you got to be in it to win
Together in a big stimulus deal. Dont lose track on betting of georgia runoff elections, very important. Trump attorney Rudy Giuliani is in the hospital after testing positive for coronavirus but the fight against election cause continues. Well get the very latest from trump attorney jenna ellis. All that and so much more on making money. Charles well, before i get started, rather, i i want to gie a shoutout and thank you very much to my friend david asman who rocked the house last week when i was out. It seems like a quiet start to the week. Tell you folks there is fireworks underneath the surface a string of highprofile ipos will make their debut including doordash and airbnb later in the week of the question on everyones mind should they chase them out of the gate . No one has a way to play this. Other than the fool theory, if someone doesnt buy it, i will buy it. How do we go about this . Here to hash it out, new constructs ceo david treanor. David, price range of 56 to the 60. Thi
Building a better bay area for a safe and secure future. This is abc 7 news. Covid curfew now in effect, affecting nearly every corner of california and the bay area as San Francisco may be right behind. Questions still linger over whether these silent streets do enough to stop the spread of covid19. Good morning, everyone, its sunday, november 22. Im liz kreutz. Thank you for joining us. Well get right to those curfews taking effect overnight and new Holiday Travel concerns this morning. But first, as always, lets start with a quick look at the weather with meteorologist lisa argen. Liz, good morning to you. If you were with us early this morning, temperatures dropped below freezing. Were beginning to recover. If youre just weiaking up, it might be hard to believe. Its a chilly sky out there. Its 47 downtown, balmy 53 in oakland. As we look at the north bay, mt. Tam. Inland valleys, upper 30s from santa rosa to novato. The fog has cleared. Low 40s, youre below freezing in danville thi
Super super super cold and the other is just really cold. To stay stable pfizers needs to be stored at 94 degrees. But during us at 4 what that means is that we cant just put it amazon box or put it take it to the post office and mail it out to walgreens or cvs or pharmacies to distribute right now only certain facilities are equipped with Proper Storage like hospitals or Research Facilities so keeping these vaccines extremely cold while transporting them to far away places like oklahomas rule communities poses a real challenge the last thing you would want to do is get all this effort to make vaccines and then have it be natured not working because something in shipping storage but doctor shocker of art he says other vaccines in the pipeline may not require such special storage and those could be promising for those rural areas there going to be other available hopefully that dont state and federal leaders have a lot of details to work out identifying facilities that have the storage