Tonight. Im ama daetz. Im dan ashley. Good evening. More than 18,000 californians have been diagnosed with coronavirus. Imagine the entire town of maraga getting sick. Its the second record in five days. On saturday the record was 15,442 new cases. For perspective, over the past seven days, weve averaged fewer than 14,000 new cases. Over the past two weeks, the average is roughly 11,000. Here is another way to understand whats happening in this graph you can see our summer spike right there in the middle and on the right, the current surge, which eclipses anything weve experienced so far. In many ways, the timing couldnt be worse. Today is expected to be one of the busiest days of thanksgiving travel despite numerous and repeated warnings from Health Agencies against traveling or gathering. Lets take a live look at the bay bridge toll plaza, San Francisco International Airport and 101 in san jose. Sky 7 was over 680 in the east bay. You can see plenty of cars on the road at 1 00 in the
Councilwoman. He calls kids marauding around firing paintballs at whoever they see. This is how 22yearold has spent spare time. Thank you so much. At a busy intersection waving signs for his mom. Wednesday his work out interested with wounds to his back and north korea. They opened neck. They opened the window and fired. He tried to block it with the campaign posters. Three hits on the back. Looserring welts. Thankful it was not a 51. Many people want the shooters punished. He favors introduce. Had lets talk and say this isnt a game. Paintball sprees appear on the streets and social media often. This video on the sam day and area where he was targeted. He went to bethel high and taught there haas year. Its not a game. What if someone bad happens. With the election soar in hes winding down the sign wafering. If they take the low lead i will take the high road. Grateful foremost drivers. Thank you for voting. He thanks the strangers who pulled over to check on him and he wants to urge to
Dow plunging and s p plummeting 2. 78 . And the nasdaq nosediving 4. 11 . Its tempting to try to learn something from the big bone crushers of the past so we can apply those bone crushers to the future two are alike but there can be similarities take the. C do. Com bust. The endless run from 1998 to march of 2000 followed by a rapid meltdown, what is happening here now, now that the nasdaq is 10 from size, im hearing about the buzz all day okay, the beat of 1998, the nasdaq stood at 1,585. 1,585. It roared to 5,100 by march of 2000 and plummeted to 3,155 by may. Fast forward to 19 year ago and a round trip to 1 ,585 it is your Worst Nightmare of course, there are horrendous sell offs. The 87 crash averages cut in half in a few hours time the financial crisis, dallas laid the waste from 14,000 to 6500 and the covid crash dow from 295 to 68 to above 18,000 march lows. Nasdaq sank. But its that rebound from the march lows thats drawing comparison to the. Com era the nasdaq surged 82 from
Me jimcramer. You have a pessimist you have the camp that believes the latest covid outbreak is no big deal because the mortality rate is lower and then the super pessimist that say spiking cases mean no sports, no going out and millions of job losses these four camps, i have to tell you, they are going to they are at war every single day. Including this one, the dow gained 557 points, s p advanced 1. 34 and nasdaq inched up 4. 9 one can win because there is so much money going into stocks the recovery plays dont go up as Fund Managers need to sell one group to swap into another and thats why the dow stocks did much better than the s p that did better than the one scorching nasdaq this is highly unusual but it makes sense if you think out market in terms of competing camps. So who is winning . Or who won today i like to use the sore thumb index as in which stocks stuck out like a sore thumb today . Let me give you todays examples first tell is mccormick. The big spice maker roared to a
Sometimes its as simple as looking under the hood and find out whats working we created the cramer index. We wanted to capture the zeitgeist thf market while the averages were all over the map today, nasdaq gaining. 78 , what happened . The covid index shined not unusual. It was up 1. 7 dow gained 6 since we created in april, leaving the dow and the s p in the dust. The reason because when it comes to the pandemic, the components of the cramer covid19 index are part of the solution, theyre not getting hurt, theyre helping. And thats a big difference versus much of the s p 500 we have a lot of stocks that are coronavirus road kill. Lets take a look just to be able to show you what im talking about when i say the zeitgeist. Why dont we take the top ten performers once we started i want to show you how the 11 trillion index captures the market peloton interactive, people think thats interactive is cool like this 90 of the float sold short. But this maker of connected exercise machines is