Buy the cyclical stocks. On a day the market got hammered, nasdaq declining just. 06 lets remember what actually took us to these record levels in the first place because those stocks are still the best in jump you know what i am talking about. Talking about a termite coin i am talking about faang yeah, faang, facebook, apple, netflix and google these stocks gone out of style on the wall street fashion show. Smart money keeps telling me to get out of these small stocks and into the russell 2,000 they want you to forget faang and big on everything better with the vaccine there is some stocks that become a lot less attractive when the world goes back to normal. Oh, but not faang. These companies are living and breathing organisms. They are so powerful theyre not connecting to the economic win theyre in charge of their domestici desti destiny. They dont care whos in the white house. It put a target back while zuckerberg fights the government, it would be better if he didnt have to so they
Effect in the mountains we could see easily a quarter eufrpbl to a half inch. Santa cruz mountains could see an inch and a half same with jenner. Winds will be a little bit of wind in the higher peaks. This thing is not one and done. Its got a little bit to it. Here we are tomorrow morning. 9 00 a. M. There it is. Pushing through. Thats at 10 00 a. M. And then you see it moving into san jose about 1 00 in the afternoon. Look up in the mountains there. See that yellow. Thats significant stuff. Thats going to be a winter storm warning with big snowfall, high elevations its a warm storm. And then here comes the back up the secondary wave and that is on wednesday. Scattered showers continue. Good time winter stuff. Nothing out of control on a scale of 110 this is about a 6 for a winter storm. Boy we need it were going to get it. Wet day tomorrow. Ill time it out tomorrow for your commute and your wednesday. Bill, thanks. Reminder you can track in coming storms with the ktvu weather app. Yo
Moving into the yellow tier. Governor newsom says that it is necessary as the positive rates increased. Every age group, every demographic, racial, ethnic, in every part of this state. We are seeing case rates increase and positivity rates increase as well. No longer concentrated and just a handful of counties we are seeing Community Spread broadly. Now throughout the state of california. Governor newsom said the state has been preparing for this moment and has 11 surge facilities that can be activated if hospitals become overwhelmed. Some of the counties going purple actually dropped not one but two tiers at once. Napa county is among them. Ktvus Deborah Villalon responds. They used to get a few days notice now its just one day so people are surprised. Reporter its last call at tarla grill. From now on its just take out or delivery. Were going to make sure it stays here. 24 employees here now, they will drop to 10. They only two 20 seats under cover outside. Im not sure how were going
Er earlier today the dow was up 1600 plus points. We almost got to 30,000. Came within 70 points of 30,000 mark. Looked like we might get there at one point and then we started to dip and fall off of that. 835 point gain which is nearly 3 is nothing to sneeze at for the dow. The s p same kind of deal, fading off the highs. The nasdaq is an interesting story well talk a lot about, down by 1 1 2 . A lot of stay at home stocks really getting hit in the tech sector today. That is a pretty big decline for nasdaq given how much the other two were up. We will cover it all. We have fox Business Team coverage. Lauren simonetti, ashley webster, blake burman, Hillary Vaughn theyre all standing by. We start though with the market rally. It fade ad bit, but still lauren up 800 points in the dow. I know. It is all about the vaccine, right . So pfizer says its Covid Vaccine trial has prevented more than 90 of infections. Pfizer and its partner biontech, look at this, 52week highs. Stocks overall did
Came to do this show you heard about the hacking of twitter, the fact that trump asked out onto facebook get his message out. Facebook got a lot of criticism for a lot of things over the years, and actually wrote a column recently questioning why Mark Zuckerberg has not fact check the president. Tell us your take on this. What is this relationship between facebook and the white house, between facebook and free speech . Im going to throw you a big question to launch you off track you first, thank you for doing this. It is good to connect with you again to some virtual see. Like a lot of things you cant just keys out in the one problem of facebook from its dna and its origins. In the case of trump, obviously he wasnt a factor in the early days. It wasnt something they talked about in the dorm room when they started it up by the time Trump Campaign got rolling in 2015, this became an issue for facebook. It was lathered on top of sort of the messy way they dealt with controversial content.