The dow did go down. The nasdaq went down 4 or 5 . I spent the better part of this year studying the pandemic i was right. You know what we just cover . The professionals are not the only covid that matters. We have a Massive Group of investors who become professionals. They dont care about the same thing as the experts theyre the ones who were the marginal buyers and sellers. The investors have changed the entire character of the market what made you not be able to sleep at night it was very little belief in stocks for the past 20 years, the convention says stocks could no longer be trusted. They continue to lose their values way too quickly when something goes wrong on top of that, the convention only a fool to try to pick individual stocks. You may as well stop trying to beat the mark and put some of your money in an index fund and invest safely in bonds the last eight months, that convention has been stood on its head by a new generation of investors after the rise of Commission Fr
Studios, this is kpix5 news. President trump hospitalized with a coronavirus as more close aides and republican senators test positive. Could it jeopardize a vote on a Supreme Court judge . Plus, fire activity along highway 29, in napa county overnight. The latest on the battle to protect homes in the path of the glass fire. Break the windows. Break the windows. And a dramatic rescue as a crowd of people desperately pull a man out of a burning car in san pablo. Good morning, its saturday, october 3rd i am devin fehely, lets star with with a check of the weather with darren peck. We will see less wind on the fires and we are going to start improving the air quality and theres a possibility for rain by next weekend. But before i get no that, its foggy this morning. So if you are hitting the road, the one place you have to be concerned about fog is on the Golden Gate Bridge pip dont want to give you the impression its widespread fog. It is just along the coast and especially out along the
Take a look at where we are trading about four hours of ahead of these earnings. Nasdaq going positive ahead of that print lots going on today. You have the trump tweet casting doubt about holding the election theres your market pricture lets kick it around nasdaq turns positive. Kramer thinking the stocks are set up for fall after the bell because they have run so much and yet you buy the cues into the print. Tell me why. Well, i bought the qs when the market was down because the market was down today based upon statements that came out from meadows saying they we are made far apart on a deal. Yet, you have some great earnings come out from the Tech Companies and qualcomm corevo. U. P. S. Also talking on the consumer side. I thought that the market was over sold. I bought the qs. I already sold out half of the trading position ill hold onto those a little longer ive got positions in every company reporting tonight. My exposure to nasdaq is long enough what jim points out its is path o
Apple att price for 300 per share. But first, to our stop our top stories, a u. S. Air strike that killed one of irans top. Ilitary officials in the wake of the attack, the director of the u. S. Cybersecurity and infrastructure warning agency, heeded urging the public to brush up on iranian tactics in order to Pay Attention for political systems. Fromscuss, we are joined boulder colorado were tom telemann and in studio bloomberg. Eporter want to start with you. Thank you for joining us. I often read that iran will respond to our sanctions and increasingly it now looks like cybersecurity. It do you see increasing Cyber Security threats . Organizationst are constantly being bombarded by iranian actors, anyone who has the capability. The question now after the attack in what way does that change . In what way might new tactics me in play and how exactly the major glands Major Companies and organizations that manage or control system respond bolster their defenses . That iran will be respo
Will the tesla turnaround continue . And price targets for apple raised to 300 per share. Rbc and bank of america. We will discuss the optimism of iphone sales in the holiday quarter. But first, to our top stories. A u. S. Air strike that killed one of irans top military officials. In the wake of the attack, the director of the u. S. Cybersecurity and infrastructure security agency, heeded warning urging the public to brush up on iranian tactics in order to Pay Attention to critical systems. To discuss, we are joined from boulder colorado by tom telemann and in studio bloomberg reporter. Want to start with you. Thank you for joining us. I often read that iran will respond to our sanctions and sometimes it has been the in and increasingly, it looks like it is cybersecurity. Do you see increasing Cyber Security threats as you have been covering them . I think there has been persistent threats. I think most organizations are constantly being bombarded by iranian actors, russian actors, ch