Its all relative, right . We have seen some subtle changes. I know its not down to the good category yet but signs of things beginning to improve. For much of the weekend everyone was in that very unhealthy category, that purple color. Now were down into the unhealthy from the north bay to the south bay. Yes, its still bad. We have the haze out here, but were seeing signs of changes. Let me get to that and to give you this reference point. I have to give you a wider look at the satellite and the three large fires producing the most smoke, you can see the plumes on the satellite view showing the smoke now lifting to the north and east so thats moving away from the bay area. And were starting to see these changes from the system that is developing right on track just offshore. Thats going to help to change our air quality. Well have more details on that in our developing la nina and what that could mean coming up in 18 minutes. 20 Straight Days of poor air quality and it will stick aroun
From home and implementing new restrictions he is speaking to the uk as we speak. And big tech stocks gaining back some ground after a rough month. Amazon climbing up analysts say the selloff created an attractive entry point. Sara, we have 59 minutes another volatile session amazon is nicely higher. The Broader Markets are slightly higher yeah, taking all of Consumer Discretionary it with. Retail winners today as well coming up on todays show, despite the upturn, the nasdaq is the underperformer in the month of september so far. Were going to ask tiech investr dan niles where he is putting his money to work. Even the ceo of levi will join us with a look at how consumers have spending money. And speaking of retail, were counting down to nike earnings to day after the close, nike by the way, best performer in the dow right now. Well get results from stitch fix, kb home and teslas Shareholder Meeting and battery day. It is shaping up to be a busy afternoon of news. 58 minutes left of tra
Still lots of questions swirling an tech. Does the turbulent in tech continue, do you think by the way, value has been leading lately and thats a story in and of itself yeah. You know, a whole host of folks said that would happen, eventually, scott. From tom lee to Larry Mcdonald and so forth i dont think the story is over for tech you and i talked about that monday i said i think that we are unlikely to test significantly lower in tech. Yet, here apple is back down on the lows of the last several months, scott. Ive noticed a lot of those value plays that you discussed, for instance, infrastructure plays in particular. Steel, mining, things like that. Getting lot of money flow, a mean a lot thats worth noting. To your point, thats partially why perhaps people are using tech as a source of funds. I dont know how long that lasts. I certainly am not betting that it lasts very long as far as tech being a wreck and value being where you want to be thats the way it is for the last several se
Morning. And the nasdaq is down by 182 points a lot of this is whats happening in europe right now. You dont just look at the oversees market but were going to take our queues from what is happening there. You can see the ftse down by 3. 4 and the other markets are down by more and a lot of this is coming in the last few hours. They could be considering a second lock down as covid cases there have soared theyre back to the levels in may. Theyre concerned about whats happening with the number of cases and the hospitalizations admissions doubling every 8 days theyre now looking at 6,000 cases a day and again theres been some talk of a potential second lock down there now they want to make sure that schools can stay open and that some businesses could stay open but just the threat of that, the potential for the second wave coming is enough to push all of the stocks in europe into the red. If you take a look at whats been happening with travel and leisure stocks they were down by 6 earlier
Parade of Tech Companies announcing plans to go public. What does it mean for the markets next move . If you want to invest in electric vehicles but youre nervous about teslas high voltage valuations, there are other stocks to consider. Weve got the names. And forget for a moment about what a trump or biden election will mean for stocks. Im worried about the market response to a disputed election. Should i be . On the barrons round teabl, my colleagues, ben lev son, carlton english and al root. Ben, let me start with you. Give me a rundown of what happened with the stock market this past week and with the ipo announcements. I dont even know where to start. It was that crazy of a week. But the s p 500 and the nasdaq both hit records this week, the dow finally moved into the green for the year. And as you said, were getting ipos. Every company youve ever heard of now has a listing out there of some sort, some sort of filing. Theres a Company Called palin tier which is this secret tech co