1st. Is that what the date was . The fear gauge hitting the lowest level in more than two decades. The volatility index closing yesterday at 9. 77, the lowest level since december of 1993. I cant imagine thats not a place where you would buy. Though normal stocks that hit new lows what do they do . Hit more new lows. Stocks that hit new highs, hit more new highs. It can only go 9 more lower. Yeah. This only happened five times ever. Having always thought in a contrarian way that complacency and when people get participants get bullish, you worry. Call ratios, you worry. Percentage of investment services. If its that complacent i admit, okay, its not going to be le pen, but the world at this point, theres nothing that were not thinking about that could happen that could throw us for a little bit . It scares me. The flip side is if premiums are so low, you can buy insurance and remain long or replace your stock with calls. There are different ways to use this to your advantage to remain
Officials tell me at that level they figure about 550 homes and businesses are going to be affected by this flood. Emergency crews have been kept busy because of the storm and the rising waters of the Russian River. From sky 7 you can see this raft team transporting a man whose home was safe but was boxed in by the floodwater. We had a medical emergency over on neeley road where we have an engine crew staged due to high water. We brought the boat shuttled him across. Reporter people know exact low what level spells trouble for their properties. Right now im at 36 feet. If it gets to 40, im underwater. Reporter hes been trying to contact a friend who reached out to him earlier this morning but hasnt spoken with him against. I know hes close to summer cross and he got a child and wife and parents and theyre all in the house. Reporter some buildings have been swamped by the river but flooded roads have been the biggest issue. Weve seen a couple bigwheeled trucks drive through submerged st
He is planning to visit the cia on saturday the day after he is sworn in as president. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im haidi lun in sydney. Up next is Bloomberg Technology. Caroline im caroline hyde. This is Bloomberg Technology. , thelue out with earnings stock dropped over 19 quarters. We will break down the earnings scorecard. Plus we will hear from a Silicon Valley veteran. Ceo joinsard member us with his outlook on the industry as donald trump takes office. Alibaba goes for gold. How it scored the biggest sponsorship deal in olympic history. But first, to hourly. Shares of ibm lower on the back of the companys fourthquarter earnings. The bloomberg terminal is showing how the trading afterhours is off by more than two percentage points. The Company Announced corley earnings that beat analyst estimates and the fullyear outlook for 2017 was better than forecast. Things like computer hardware and Software S
He is planning to visit the cia on saturday the day after he is sworn in as president. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im haidi lun in sydney. Up next is Bloomberg Technology. Caroline im caroline hyde. This is Bloomberg Technology. , thelue out with earnings stock dropped over 19 quarters. We will break down the earnings scorecard. Plus we will hear from a Silicon Valley veteran. Ceo joinsard member us with his outlook on the industry as donald trump takes office. Alibaba goes for gold. How it scored the biggest sponsorship deal in olympic history. But first, to hourly. Shares of ibm lower on the back of the companys fourthquarter earnings. The bloomberg terminal is showing how the trading afterhours is off by more than two percentage points. The Company Announced corley earnings that beat analyst estimates and the fullyear outlook for 2017 was better than forecast. Things like computer hardware and Software S
Reporter frank, julie, youre talking about 200 to 300 yards from where we are standing. As you said fire crews were able to successfully save it. Behind me there are still some crews down here working. The reason being because of this. Let me show you over here. You can see some glows right there, where the fire is burning at this hour because the fire is only 25 contained. Now crews say it started just about after 4 00 this afternoon in the 6100 block of dry creek road in napa county about three miles west of yountville. Crews battled the 50acre fire, which was killed by a lot of dry brush in the area. However crews were able to make great progress because of change in the weather pattern. Fire investigators say that 85 to 95 humidity with little wind helped them gain ground. That weather will help play a role overnight as crews are dealing with steep brush and vegetation. The hand crews are cutting the line right now. We had dozers out here, four dozers and it is really steep country