We got light rain falling across the entire south bay. This is the way it looks on 87 as we take a look at the tower cam right there. As we head into the afternoon hours, temperatures will hit the low to mid 60s. Notice the rain shield much smaller by the evening commute. Kumasi . All right. Thank you. Were starting this morning with a major announcement overnight about pfizers covid19 vaccine. We know youve been tracking these vaccine developments closely. Now pfizer says it is days away from seeking fda approval. Jobina has the details. Pfizer says its vaccine is 95 effective against covid19 in the final analysis in its phrase three trial and the Company Plans to file for fda authorization within days. Once thats given, pfizer will deliver millions of doses possibly before the end of the year. Its not known how long the immunity will last after receiving the vaccine. Pfizer said the vaccine caused only mild side effects, the most common one was fatigue which happened in 4 of voluntee
Or 1800743cnbc. Today our hospitals are packed with covid patients. This milestone seems damn right crazy. After another trip of the dow surged 455 points and s p jumped 1. 6 i am telling you that this surge to 30,000, dont look at it that way. How do we explain this region of the bull market. Ten reasons why this thing work. Not only it will holdup overtime, you got to know it first, the results, results wont be overturned. There was a slim chance hell be able to beat biden in the courts or if not the polls but he could not pull it off. At the end of the day there was just not any fraud when the president lost in pennsylvania, it is up second, vaccine. We got one vaccine of 95 efficacy from pfizer the second one is similar. Then astra seneca. 100 million doses to the United States by years end if they get the delivery right which they probably will. You have to hope it will go to First Responders and Nursing Homes and you get it at the pharmaceutical locations trust scientists and tha
Elementary. Marin county at this point in a category of its own with being in the red county surrounded by a lot of those other purple tier counties. We broke it down by numbers. 51 counties are in the purple category. Just six in the red category. One lone county is in orange. These counties in purple, according to the states covid website, represent nearly 40 Million People in the state or 99. 1 of the states population really in a league of its own. Pa rin marin stands out. In a letter to parents, the superintendent and the School Principal emphasized that families are encouraged to quarantine when needed and some of the school day will be a little different. Dropoff and pickup, drivers are to meet at a designated gate and the drivers are to remain in their cars. Some feel the district may be moving too fast. Increase depression and other maladaptive behaviors. Reporter and in this district the high school is expected to reopen school in january. It is important to note for schools
Cold in the house and cold as you step out the door. We will warm up to highs in the mid60s. We still dont have any rain in the forecast and at times will have gusty winds. Im tracking that and well talk about whats ahead coming up in a few minutes. Mike, any problems for the morning commute . There was an issue at the bay bridge toll plaza there is an issue. Its reported in lane one, one of the hov lanes at the bottom of our screen. A disabled vehicle just passed the metering lights. The slowing not a surprise. We look at the map, that tends to happen as the volume builds out of the maze and slowing, traditional pattern. Most of the bay very light. In fact, all the bay very light. We do still have some slowing im tracking. Back to you. All right, thank you very much. Were also tracking some new restrictions across the bay area from san jose up the peninsula to San Francisco. Millions are now under new covid restrictions. In Santa Clara County travelers returning home were told to quar
The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p but on its own right the technical is starting to improve her