Sure she invited you to hug it. You have to lean on it. Lean on it. Lean. Thats it. Now, neighbors are leaning on mrs. Jay, since she applied for the city to granthis tree landmark status. Everyone is concerned about Public Safety. This tree poses Public Safety risk . Should it fall . I got done telling you it lives to be 1,000 to 2,000 years of age. Neighbors tell us they worry about branches building on their children when they play below. If not for the controversy, they say this is just like any other redwood. I do not feel that this tree is adding to the beauty of the neighborhood. This is really about wealthy San Franciscoans high up on the hill with multimillion dollar views. In my case it isnt. Because im her downhill neighbor, my view is not impacted in anyway. The arguments drift left and right. All these new residents, all saw the tree before they bought their house. And zig and zag just beyond tourists on the crookedest street in the world. Wayne freedman, abc 7 news. We ar
Theyre in awe, but its in their way. Good evening, and thank you for joining us. In San Francisco tomorrow, the citys urban Forestry Council will meet to decide the fate of a 55yearold redwood tree. Located just off lombard street. Neighbors dont. Wayne freedman is live with opinions on both sides. Good evening, dan. Neighbors are saying it is dangerous, let me show you the streets over my shoulder. Its 100 feet tall. Peeking over the roofs there. The woman who planted it did so to honor her husband and children. On the crooked street in the world, let us ignore the tourists for a moment. Outsiders see only novelty in this neighborhood, theres a nasty fight going on. The lady thinks she has no view. Views blocked by this redwood planted by mrs. Marie jay in 1962 in honor of her husband and children who died of a plane crash. She invited me to hug it, im sure she invited you to hug it. You have to lean on it. Lean on it. Lean. Thats it. Now, neighbors are leaning on mrs. Jay, since she
Michael phelps ansys olympic career with his 23rd gold medal. He put his team ahead tonight and they never looked back. Its the beginning of a new journey, not the end of a career. Im looking forward to that. Womens 4 x 100 relay also won goal. There when was historic. They captured the 1000 medal for the uss the the Jefferson County sheriffs looking for the person who spraypainted threats and messages of eight to cyclists riding in a charity bike raced through Jefferson County. Reporter on bric forest road , skip thurman and his bike terror mile charity bike run. We started seeing hate speech spraypainted on the road. It was disturbing. Reporter disturbing and threatening. Alongside words of encouragement are hateful messages calling for cyclists to die, pleading for cars to kill them, using antigay language. I am not gay and i am offended. We ride thousands of miles year and i have never seen that kind of hate in my life. Reporter this heat is taking place around colorado in Jefferso
Sessions where we rest and recharge. For what . For the next assault higher. The move im watching for like a hawk is the takeout of the nasdaqs old highs. You know i feel that its long overdue. Im not afraid of it. Were on much firmer footing these days versus 15 years ago. The Companies Leading the charge now for the most part arent that expensive, with the exception of amazon and netflix. And im hoping we wont hear tales of irrational exuberance. If we breach that i go know mainous wall even if done with amazon and netflix and apple at the vanguard. You know what netflix is a real good place to start the game plan for next week. Because those of us who are subscribers to netflix know that at 6 23 a. M. This very morning, the new season of house of cards became available. Did you get your email . I did. I always tell you netflix isnt a play on earnings per share, its a play on signups per share and i expect them to be voluminous. Big lookout monday for analysts itching to raise their
For the Dow Jones Industrial average, up nearly 156 points. It finished at 18,288. The nasdaq closed 44 points higher. It was 5,008. The s p 500 also at a new alltime closing high up 12 points to finish the day at 2,117. Berttha coombs joins us with what drove the index to this level. Hi, bertha. Its been an amazing ride tyler. 15 years ago, you had stocks that traded on the nasdaq with valuations that were sometimes 100 times or more what their earnings were, if they had profits at all. Very different index right now. If you take a look at a number of these stocks some of the high flyers they now have valuations that are much closer to the closing market. The nasdaq 100, even if you have stocks like amazon and tesla, you still have other stocks that brought the nasdaq 100 pe down to 19. That compares to the s p at 17. And really the biggest indicator is apple. Apple, despite being the Largest Company emp by market valuation, trades at just 14 times its recordbreaking earnings. Pr. Ber