Using a stock tool that says, yes. Me list yashgs after sulissa go out on a shopping spree. But if you choose wisely, there could be some money to be made. Now using a quantitative tool looks at market action. We looked at past occurrences when the retail etf has fallen 7 or more within one month as it just has. That has happened 12 times since 2009. Now no clear signal for the xrt itself about half the time it continues to lose ground. But we did find some good individual stocks. Now as for macys, nordstrom and jcpenney, they only post rebound gains of 67 of the time. But when they do rebound, theyre good for 2 and 3 average returns sprerespectivel. There are special i dty and dist names. The names are more reliable bouncing back one week after the xrt loses p 7 or more within one month. So look for names like tjx and ross stores. Head over to cnbc pro for more on other parts of the Consumer Sector that tend to bounce back. All right. Thank you for the data dive. Lets get to bob pisan
Livermore valley, up and over the past. We have a pocket of slowing in the area right now but nothing too bad. Let me take it and show you a live picture. This is the commute coming west out of the water creek area. We are not showing any crashes of any kind or any slowdowns on the map. It will also show you here and she was talking about that drizzle out here in some spots. The roadways look kind of wet here and we will encounter some mist and some drizzle as you had out the door. That the good looking ride. 5 01a. M. Is the time. Major safety improvements are planned for two streets in San Francisco where bicyclists were killed in june. Mayor bradley issued an executive directive yesterday to speed up those improvements. We martinez is south of the market neighborhood which will be changed to reduce dangerous to cyclists. Mayor and of these push for Bicycle Safety is a direct response to two cyclists that are killed on the same day on june 20 second. Kathryn slattery was killed at th
I hope he has nothing to say. [laughter] they are problem free, and they are talking about the drizzle. And, theres some moisture on the drizzle is 30 second some spots. Here we go to the north bay, this is the solano super commute. Through vallejo, you will have a very nicelooking commute. You are problem free on that ride this morning. We will show you what you want encounter on highway four, and pittsburgh and antioch, its getting busier and busier. But no slowdowns that we are seeing at that time. You can see that we are seeing more people making that commute across the span and certainly no slowdowns at you are seeing just yet. Thanks, alex. Is out on bail after being arrested at a youth camp were hes accused of playing strip poker with at least one minor last august. He got off of the flight from china. He faces charges including recording Confidential Communications and contributing to the delinquency of a minor. Authority say he made a secret audio recording in which one of the
As much the dow was down 166 points and it bounced off the levels and finished up. Should you buy this bounce, tim . What do you say . If you are short you should be concerned. I think the negative sentiment out there, first of all, still high enough where i think you can see enough of a riff. Saudis oil minister is out there on the tape saying, first of all, we actually want to destroy all the highcost producers. They want to keep largely the same policy but hes also said we do want to freeze production. You have different players saying Different Things and oil is the one that i think calls for todays move. The fact that its been holding on to this 50day moving average, actually kissed it and is now holding it and oil is saying maybe a lot of fear in the market. Stable fuel equals a stable stock market or does that mean higher stocks . I think it means higher stocks. Okay. If crude does stabilize not basically neutral. In fact it fosters the ability for stocks to move higher. I think
Exchange. David faber is in los angeles. More from david in a moment. Meanwhile premarket steady ahead of busy week of earnings. Nikkei takes a spill overnight catching up to the yen and Oil Steady Near 46. Our road map begins with Warren Buffett speaking out in omaha. Were going to bring you highlights, no deal for halliburton and hughes calling off their 28 billion merger. And simon hobbs live from cuba on a Carnival Cruise ship. First up buffett weighing in on the markets, fed and earlier this morning on cnbc. This is what he told becky about the president ial election and the economy. If you ask me whether electing the wrong president can permanently damage the u. S. Economy, the answer is no. I mean, weve had 44 president s so far. This country will move forward regardless. And theres no need to make America Great again. America is greater than its ever been at this point, but its going to become ever greater. Talked about koch, talked about ibm, talked about jeff bezos, called hi