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
How did they get hit so hard when Nothing Happened . The absurdity of all it can seem preposterous, totally frustrating. Market wide selloff makes you feel like the business of stocks at best stupid, at worst corrupt and it drives you away from the entire asset class i wish i could tell you that theres some hidden logic that makes these declines seem reasonable but your inclinations are right. The action often is every bit as stupid as it appears thats way i want to tell you all the ways stocks can be impacted by forces that have nothing to do with the companies themselves so you have some grounding about what might be driving you crazy. The absurdity of your stocks going down when nothing happens at the underlying companies. So were going to pull apart all the reasons your stocks do go down through no fault of their own. That way youll have a more certain handle on how to take advantage of these big market wide declines. Because when you know what youre doing, you can make a decline w
Shoulder. Its not blocking anything. All of that activity way on the shoulder. Again, thats the westbound side of 76. In bristol, we have Fire Department activity right across the street near christine avenue. Take route 13 if you want to avoid it. To the area bridges any minute now the burlingtonbristol bridge is scheduled to open for a ship to pass through. Keep that in mind. The rest of the bridges are really riot so far this morning. We havent had had had any accidents and no delays. But we do have a disabled tractor trailer, 295 northbound. The route to 168, tracy. Look at this video, it shows peco crews what theyre dealing with power line problems in this frigid cold morning. This is in north philadelphia where arcing wires in germantown avenue started raining down sparks. Peco said it will likely cause problems no one if the area has lost electricity. Keeping lines clear is a big job for septa this thursday morning. You might be surprised to learn about the people who keep the s
Heating and cooling company. On a 60 degree day well get 30, 40 calls. Today its in the hundreds. The normal waiting list is within three hours. Today its probably eight or nine hours. Reporter now were told the people who live in this area should not worry about their heat going off because of the gas line break here. South Jersey Gas Company tells us they dont anticipate any service interruptions. Live in Egg Harbor Township ted greenberg, nbc 10 news. Now your nbc 10 first alert weather. Right now the sun is setting on a bitterly cold day. We plunge even deeper tonight. This is a live look at snow covered buildings overlooking university city. Several School Districts in delaware have delayed schools in the morning because of the weather. Youll see those schools rolling at the bottom of your screen. Lets get to nbc 10 first alert chief meteorologist glenn hurricane schwartz with more on how coal its going to get tonight. Jacqueline everybody will see temperatures in the Single Digit
Captioning sponsored by cbs this is the cbs evening news. Good evening, the i am jim axelrod, tonight france is on high alert and in deep mourning after the terror attacks in paris that killed 17 people. French police are searching for a 26yearold frenchwoman commonlaw wife of one of the suspects shot dead yesterday investigators say Hayat Boumediene may be in syria having left france days before the attacks. Meanwhile the phrase jesuischarlie, iron charlie a reference to the french reference Charlie Hebdo targeted wednesday continues to spread around the globe. This is outside the French Embassy today in bucharest romania, look at the banner over aa bridge in venice, in this a memorial gathering in prague. Two reports tonight the beginning with elizabeth palm never paris. If the terrorists thought their attacks would spread fear and intimidation, they were wrong. In fact, the killings have brought the french people together in a rare display of solidarity and defines. Today they took