The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its tough to come back from vacation, but having you here, melissa, i dont know, it just makes me feel very, very comfortable, happy my he
62,000 patients admitted with serious cases of covid19 that breaks the record of 60,000 patients that was set back in april. The u. S. Recorded an 8th straight day of more than 100,000 new cases and texas became the first state to top 1 million coronavirus cases surpassing all of italy. Governors across the country are urging people to stay home and limits, socializing. California could surpass 1 million confirmed cases by tomorrow. There were 7400 new cases today and 69 people died. While here in the bay area there were 300 new cases and one new death. Contra costa and santa cruz counties were forced to roll back their reopening plans due to a rise in covid cases and San Francisco has also halted reopening plants other bay area counties are on track to do the same. If they are unable to slow the spread. How about this if everybody wore a mask, the lockdowns might go away sooner and the pandemics impact on the economy might not be as bad yeah well thats the upshot of revised recommenda
Nasdaq declined. 82 there is only one thought. Good, they all got a chance to buy. Not long ago on days like this we say oh boy, i got to get out of here while it is getting good who knows what it is going to happen with this thing it is going to roll over now we often see pull backs like this as opportunities that are too precious to swander. How do we explain the new mindset . I think because we broken the tyranny of the indexers. When the fed says something positive or when we get solid employment number. Either way, we were in the throw to these big macro events. They control everything. Not anymore. These days macro does not matter very much. And etf buyers have stopped reacting to this stuff instead they react to the opportunity so when stocks come down, these people step up and actually start buying, make it much harder to have a hideous selloff you know what there is nothing new about this less lock steps opportunity mindset. This was the old new normal of the index funds 20 ye
News at 6. One person is Wearing Masks said quote people Wearing Masks that helps even more. Now its 6 a major update from the cdc on mask guidance this time, giving americans yet another reason that why everyone should wear a Face Covering to try to prevent the spread of covid19 thank you for joining us at 6 oclock everybody. Im grant lotus and im Vicki Liviakis Infectious Disease experts from Stanford University and elsewhere. Our police that their counterparts at the cdc are finally getting behind the idea of universal maskwearing kron fours rob fladeboe reports on the newly revised mask recommendations and what universal use could be in for our economy and the need for lock doubts. The center for Disease Control and prevention now says masks benefit the wearer the announcement is in line with the data that has been available all along so Stanford University Infectious Disease expert doctor Robert Siegel and basically you know maskwearing makes sense from a logical standpoint it mak
Kron 4 news at 3 im sanaz tahernia. The cdc is now saying a mask not only protects those around you, but also protects you from contracting covid19. Kron fours rob fladeboe is live in san jose with more on that rob. Its rights and as you said some people may still need some convincing but their the governments top Infectious Disease experts have changed their tune. As you said theyre now saying that wearing a mask like this one not only protects you, but it protect those around you. We spoke to an Infectious Disease here in the bay area, lets take a look. The center for Disease Control and prevention now says masks benefit the wearer the announcement is in line with the data that has been available all along so Stanford University Infectious Disease expert doctor Robert Siegel and basically you know maskwearing makes sense from a logical standpoint it makes sense from you know in terms studies on you know physical transmission particles and it also makes in terms of some of the epidemi