Scarlet lets check in with our reporters. Abigail, what are you watching . Abigail i am thinking about the s p 500 that did move up. This chart doesnt show a little bit of the panic. We looked at it many times. There is the tail end of last years big selloff. This years big rebound. We were talking about the range between 2800 and 3000. It looked like the range was going to break down. In october, we had a higher low. The entire range fulfilled the target of 3200. We are now above that level. Above look at how far we are the average. History repeats itself. It looks as though we will have consolidation ahead. The rsi at 76. Once it starts to turn down, it could suggest the men some is going to come back off. Today, and this year, very bullish for stocks. Taylor so often in San Francisco and new york, we talk about how often tech is outperforming the s p 500. Up just under 35 . Top four companies in the s p 500 are accounting for the rally. Apple alone amounts to 9 of the rally. The iph
Please read the next item. Approve the minutes of the december 5, meeting. This is an action meeting. Any changing or comment on the minutes. Any Public Comment on this item . Seeing none. We are joined by vicechairman delman and commissioner mandelman, we are approving the commentexhibit minutes from dec5 is there a motion . Motion made by commissioner ronen. Why dont you call the rolling othe roll onthat. roll call . We have final approval. Next item, please. Item 3. Remember adoption of rail Program Manager job classification and revised Organization Chart. Good morning. We convene once a year on personnel related items. Last december i brought before you staff reorganization plan with updated Job Description and reclassification of six positions and asked for a Salary Structure increase as well for all staff except for executive director. October 2018 the board had asked staff to convene a Disciplinary Panel review to review the current and alternative oversight project delivery of
We have a quorum. Thank you. I would like to begin this meeting by welcoming our newest member c. A. Q. I think the 307 th member of the sfcta that i have served with c. A. Q. Commissioner dean preston c. A. Q. To the Transportation Authority board. And we look forward to working with you and your staff not only on district five issues c. A. Q. But on citywide issues and regional transportation issues. Now that i have acknowledged commissioner preston c. A. Q. I want to have him participate in his First Official act. Is there a motion to excuse commissioner haney . Would you like to raise your hand and make that motion . I would. Is there a second for that motion . As much as this will upset our attorney c. A. Q. We will take that without objection without a roll call vote. Commissioner haney is excused. Welcome to commissioner walton and before i make the chairs comments c. A. Q. I would like to afford commissioner preston a moment to say a few words on his first day in his First Offi
Reporter according to sources familiar with matter phase 1 trade deal between u. S. And china has been described as imminent and done. A Chinese Government the source telling fox business that President Trump agreed to not impose tariffs that were to be put in place sunday. It is important to stress, weve not heard a announcement or direct confirmation atthispoint from either President Trump or the white house. And cone versely as well, federally on thofficially from e government. There was a high level meeting here at white house this afternoon that has since wrapped up. President met with his trade team, president teed up that meeting in the day, by saying there was potentially a deal in sight, tweeting get very close to a big deal with china, this morning, president before the cameras remained tight lipped. We wont talk about china. Were working a deal with china. I wouldnt say up until now they have loved me. Reporter bottom line, we have been told until this deal, phase one deal,
Agenda. Do i have a motion to approve . So moved. Do i have a second . Second. Any discussion . Call the question. All in favor . Any opposed . Thank you. The motion carries. Next up on the agenda is approval of the november 6, 2019 minutes. Do i have a motion to approve . So move zb. Do i have a second . Second. Any discussion . Call the question. All in favor . Any opposed. Thank you. Next up, directors report. Thank you. Director sherreen mcspadden. To achieve a longterm funding bill, the house and Senate Appropriators still have to approve funding allocations for federal agencies, and of course that means that the Older Americans act is caught up in that wait. So essentially, National Association of area agencies on ageing which is our federal or National Organization that really lobbies for the Older Americans act is asking for continued advocacy for localities to push the Older Americans act in with the house suggested forward. So we still dont know yet what thats going to look l