Definitely a bit of good news that were not affected by those power shutoffs this morning, the kick off the new week we are still in the midst of some breezy conditions though despite the fact that we are going to remain in power all across the bay area. So as youre venturing outside youll notice, those trees blowing around weve got her palm trees at the embarcadero camera right there also noticeably swaying that steady breeze thats working its way across the bay at the moment. Souter tower view is nice and clear we certainly do not have any fog thats part of the reason that we are seeing such a low humidity is because of the strong winds that are pushing across the region and you can see that the north bay is definitely seeing some of our strongest of winds this morning, sonoma calistoga looking at winds currently in excess of 20 to 25 Miles Per Hour also quite breezy for areas like napa atlas peak santa rosa and petaluma throughout the course of the morning were going to remain in th
Continuing to see those strong winds this morning to gusting regularly into a 40 mile per hour range for parts of the bay area. So thats something that you are definitely going to need to know as youre getting out of bed this morning youre driving to work going to be accompanied by a very noticeable breeze. This morning rc church our view is Crystal Clear and dry these are offshore winds so its keeping any sort of marine layer fog pushed out of the region where we at with winds right now will sonoma Calistoga Napa some of our notably more breezy areas well into a 20 mile per hour range for your wind speeds currently sandra fell Petaluma Santa Rosa also notably windy and will remain fairly windy throughout the morning too we ease off wind speeds gradually through the rest of the day and by the evening tonight were done with the stronger winds but we are definitely in the midst of him right now and paired with dry conditions we do have heightened fire danger does red flag warnings for al
Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high growth is decelerating that doesnt mean the trend is over in fact, id argue it never had gone away because this year has shown us millions of jobs can be done better from home. No need for that central office. Why go to meetings to negotiate or sign documents when you do everything over the web and save millions, maybe ten, maybe hundreds of millions in travel, hotel, dinners, zoom, i mean thats how the 39 billion s p global ihs market deal was consummated as we heard from Doug Pederson on mad mone
Unemployed virus spiking and vaccine is not coming soon enough this warp speed is too slow. As wall street sees it, worse news is better for a stimulus bill the nasdaq has been lagging. 70. Yet, we saw buying in many of the stocks really would benefit. B caterpillar hitting an all time high if you want to be in those, it is chevron or pioneer. The seven conductor stock, they just roar. The opening of america play. Will we get a stimulus bill . It is a Perfect Place to start a game plan next week. I fear that we are going to get hammered when we come in on monday lets be clear the Labor Department reported this morning 8 30 was a disappointment not a surprise if you are paying attention to the spike and covid infections of the death toll whatever reasons these kinds of number dont seem to be impacted by common sense. You have to believe a good chunk of the economy is going to get shutdown it is not the government, people it is going to be shutdown by fearful individuals who dont want to
The ones that go up all the time and barely ever go down on rare occasion when theres a marketwide pullback like we had this morning s p edging up, nasdaq gaining 3. 7 from a very ugly opening. You have to buy these up stocks. Buy, buy, buy, buy, buy hanover fist. In a market like this one that has a hard time staying down to begin with, even with a weak jobs number or a president that seems determined to overturn the election, hes not going anywhere, the up stocks just wont quit back at my hedge fund where i compounded 14 for 14 years id sit down with my staff and say, okay, give me your best stocks, the up stocks, the ones that never seem to go down. I want the unstoppable ones. I dont even want to know what they do, i just want them the staff would be incredulous there would always be a young whipper snapper saying, whats an up stock . Thats not our usual methodology. I adopted a no more mr. Nice guy attitude, like id ever been nice so i just demanded they give me their up stocks or