Services hotter as the guys on the prior show were talking about. The ten year is up. Nonetheless, thats weighing on the market a bit. Joe, i want to focus on apple down almost 3 , and theres a story in the journal today theyre going to test the limit on pricing of this new iphone which, by the way, is a week from yesterday is the reveal of all of that. Do we need to worry about apple . If you have to worry about apple, youd Better Believe you have to worry about the market, i would think. I think when you ask the question, do we need to worry about apple, do we believe apple is going to return to the overall personality in which it traded in the Fourth Quarter of 2022 . I am not of the belief we will go back to that place. I think were somewhere in the middle. The enthusiasm, the excitement surrounding apple needs to be tempered. If you are overweight apple, you need to take a look at that. And i think at certain times in the market you have to understand that balance is the right pos
Are already baked into the market how many times did the chattering classes tell us the moves been made youd be a fool to start buy now. After another good day where the dow gained 99 points and the s p climbed 4. 64 and the new highs across the board, who looks foolish now . Baked in my derriere. Clean this up a little were all going to die look, every morning i peruse every morning i peruse the Research Published by major wall street firms you get a mixture of ten upgrades and five downgrades and most often you get a price target boost because the stock has overrun the projections. Thats about as bullish as it normally gets. Today, though, today, i counted 29 upgrades of significance and two downgrades, two baked in baked in are you kidding me baked in i am done with that i am done with hearing about baked in this is the official bakedin cake, and i am taking care of it right now. Thank you steady cam producer for my boeing knife. Why are we getting these upgrades oh, im on a diet im
Systems. La nina fades, below average rain the next two months. This summer with typical drying, i am forecasting a moderate drought to likely return. Ill have more looks at our forecast over the next seven days in about eight minutes. Jeff, thank you. So here we go again. Scott budman is also with us in san jose. Scott, whats the action plan at this point at least for the local water districts . Reporter well, so far they are talking about it, raj. We are right now along coyote creek, which as you can see is running low these days. Water conservation in fact one of the subjects on the minds of many san jose government and Business Leaders today as they gather to discuss climate change. They say as part of san joses green vision plan each of us can play a part to save water. Extra important because we havent had rain in a long time. The groundwater is good based on last years rain. Right now our reservoirs are down. We dont have enough storage. Were getting more people every day. If we
That makes it feel even more chilly out there as you get ready to head out the door. Were going to start with some low 40s for the south bay and peninsula. Were about where we were yesterday and well continue to see the temperatures falling a few more degrees until sun rise and our high temperatures today warmer than yesterday reaching up to 65 degrees in napa. 66 in san jose. And today in livermore, 63 degrees. Mike, you have a Traffic Alert . I do. Most of our bay. Most of our drivers and viewers will notice no problems right now. But ill take you pretty far up to the north out of our area. Fairfield to vacaville. There is a jackknifed big rig in lanes blocking the two right lanes as youre traveling over to fairfield. Theres a lot of slowing at the scene because youre down half the freeway as far as the width goes. Westbound coming into our area traffic flows smoothly. This will affect folks from fairfield into vacaville. The bulk of the commute no disturbance, no problem. Your tradi
Checking the forecast right now. We mentioned how cold it was. Here in the bay area weve been experiencing springlike temperatures. It starts out really cold and then it warms up. Next week looks really cold, just a teaser there as we look at san jose. Its all clear. Getting the kids up and out the door for school, youll need a nice, warm jacket. Itll be in the low 40s. A nice warming trend in oakland even though it will be a chilly start. Mike, you were still tracking that traffic alert. I am, kari, and this is winding down. Another crash reported in the last 20 minutes. This is great. Look at the speed sensors. A mild build at the y. The latest crash reported eastbound 80 again getting out to vacaville and out of fair field. Only one lane blocked. 6 02, new details emerging in one of the Deadliest School shootings in u. S. History. Live pictures from washington, d. C. , where flags are at halfstaff after yesterdays School Shooting in parkland, florida. 17 people were killed. Investig