Jim, its clear that even though we had some constructive things happen tactically yesterday, sounds like you dont expect this bounce to last for long were the most oversold weve been i guess you could go back some people say get some great stuff from mr. Williams who is one of my favorite technicians, larry williams. I want to point out, hes done work which says going back to 1933 this is one of the most extreme panics ever. He wants to buy panics on the other hand, you say whos there to buy i feel that were due for a bounce i dont know how much money there is there is to buy much more stock liquidity is a concern in every aspect of finance, at the same time any time you skip over the Public Health issues, you forget that right now strapped in san francisco, strapped in boston, strapped in new york maybe theres not just equipment. The nightmare is occurring what do we make then of stei stifel looking for a 15 rally, gun gundlach not shorting. Why are there these Little Pockets of not o
Richmond that is certainly going to cause a slow down for people. So, bringing up the map right now so you can see this. Specifically westbound 80 past solano. Goes well into hercules. Speeds down in the area. Three lanes are blocke right now. Avoid the area, if you can. Looking now at the toll plaza m on at 5 24 this morning. It does look packed that toll plaza, once you make it through the meter lights. Pulling up the drive times so you can see the impact the crash in richmond is having from highway 4 to the maze. About a 45minute ride. Highway 85 to the san jose airport an eightminute ride. Developing news now, were expecting the grand princess cruise ship to dock at the port of oakland some time today. This is according to Governor Newsom. Heres where the ship is right now. Take a look at the map. The grand princess has been out there since thursday. Its expected to sail under the Golden Gate Bridge and then dock at the port of oaklands outer harbor. We dont know the exact timing j
Meantime weather and traffic updates and we get all of that probably how the roads busy another problem on the east shore freeway salt truck westbound 8 and the rain is fizzling out against these next couple days were not going to get my yeah, its just a south bay really Southern California system south a fairly skirting the Northern Edge of what will be some rainfall for southern neighbors. Bay area though yet again were left out in the dry as you could say the goal gate bridge is nice and clear this morning fog is at a minimum you do see a some isolated showers to our west. But these are really crossing to the south. So besides san jose areas like morgan hill, the Santa Cruz Mountains were not really looking at an active start to the week for us so a quiet start to the week easy for your travels. But by this point youd rather be talking about rainfall. 40s and 50s for your current temperatures definitely get your jackets ready to go this morning and youll be keeping them on hand, but
Now from nbc bay area sky cash payment, about 18,000. Ranger. Overhead the area that the a few days later the dealer world, the country, are watching called to say hackers had gotten right now to see how this cruise into their Computer System and ship situations plays out. We h giving bryan the wrong wire port workers preparing since address. Bottom line, hackers got bryans yesterday. Money. Sharon katsuda is live on the he says south county hyundai then kept putting off delivering ground at the port. Sharon, a lot had to happen the car saying it was waiting before this ship could even make its way here. For its Cyber Insurance policy to pay. Reporter thats right, kris. That went on for weeks. At some point the cruise ship so brian turned to us. Will be traveling in this area we called and emailed. Right behind me and the local Authorities Say they are ready to respond to the federal the dealer immediately called governments decision to dock it him and a couple days later it right here
Futures trading was halted yo ed overnight. If were down 7 , you halt for 15 minutes down 13 , you halt for another 15 minutes if down 20 , you halt the remainder of the day some people wonder how long we will be trading at the open. Yeah. Look, i think the problem is twofold no one thought oil was coming. Theres a very, very different approach by some to whats happening with the virus some people are saying not enough others are saying, listen, were making too much of it. Im in the distinct not enough camp i come back and i keep thinking about david tepper and what he said to me at the super bowl i dont know if we have that i think we do is the booth ready on that going back to midfebruary early february day before the super bowl i came back and have never been the same i know people have accused me of being fear mongering for weeks now. No, i think im realest mongering. Were trying to back into it, you have to try to figure it out. Ruined the environment of the setup right now. Whats