Correction i wanted to see the market get back to at least flat on year. Now worry below that i didnt want it for the reason that we are currently experiencing it but the world didnt give you that choice. But i did feel we are extended in a lot of areas. A lot of that has been corrected very quickly i want to give you examples that i think are illustrative of what is happening out there airlines are down 9 in two days getting worse by the minute. Somis are down 10. 5 in two days nvidia made a new record high this time last week. Down 18 from that record high parabolic moves to the downside. The s p 500 this morning at its worst level was off 6. 4 from its highs. Nasdaq off 8. 2 vix at the highest level since december 2018. What does all that mean . This is preferable to a turnaround tuesday failed rally that falls apart by the end of the wee and then we sell off into friday, people worried about, you know, oh, whats going to happen this weekend this is better lets get it all out master
The bay moves smoothly. Back to you. Breaking news for you right now. Fire crews are battling a blaze at a walnut creek home. Pete suratos joins us live in that neighborhood right next to the 680 24 interchange. Pretty active behind you, pete. Reporter thats right. Still an active scene here. We are on the 1400 block of spring brook road in walnut creek. You have a number of engines with contra costa fire working on this Single Family home that caught fire just before 4 00 a. M. They were able to put it out but of course crews are still here on the scene looking for hot spots following that fire. We want to show you guys some of those pictures that were just tweeted out by the Instagram Account at contra costa fire. As you look at those pictures you can see that this fire was fully involved as they termed it. I want to bring you up to date on who was affected by this. Theyre saying there were four adults inside of this home, when they showed up there was one person on the ground that h
May. At t ups guidance, sees 5 Revenue Growth in 2014. The bidding war for jimmy dean and sara lee orts old or hillshire rages on. Pilgrims pride raises its offer, above tysons 50 bucks. This may not be over. Investors, apple wraps up its key. Health, home a fully integrated apple world. Why the stock is down this morning. Record auto sales, chrysler beating estimates. More numbers from car makers in a few minutes. Sales estimates for the year, finally tops 16 million vehicles. At t raisings full year guidance. Company citing what it calls strong Second Quarter wireless trends. Anticipates net post paid subgrowth of 800,000 for q2. At ts quarterly rulses are due out next month. We know the war between the big players, the way tmobile disrupted it. What does this mean . That. This means something but i wouldnt draw too many conclusions here. You have to remember at t did change their way it went about recognizing revenue for handset sales moving to something called iep, equipment instal