Begin. Welcome everybody. Good to have you with us on options action. Escalating coronavirus fears ripping through markets this webb 96 of the s p 500 now in correction territory or worse meaning down more than 10 from the highs. All three major indexes handing in the worst week since the financial crisis in 2008 the dow shedding around 3,600 points more than 10 . And all sectors down from the highs. But energy and financials, the largest victims, both sectors down more than 13 in the past week if you are wondering how to protect your portfolio and who isnt amid the market madness our team of traders are here to break it down. Cornerants macro carter worth and mike khouw opt myself advisers we know this was a historic week for stocks and bonds but mike in any wayway was it historic for the options market. I think anything thats going to be a historic move for equities is going to be a historic move for options on the same equities. And this certainly was one of the cases. The vix was a
After car crashes into a San Francisco bus. Stop. The trial surrounding a deadly 2018 tesla crash in the south bay will soon be underway. Were live at the courthouse with whats happening today. And investigators are trying to figure out what started a fire at a High School Gymnasium in pleasanton. From the areas local news station. Youre watching the kron. 4 morning news good morning. Thank you for joining us at 08 00am. Im James Fletcher and im reyna harvey in for darya folsom today. The weekend was nice today will be nice. Yeah. And then. Yeah. And then weve got john with what justice spring starts officially tomorrow. Its going feel like winter again. So we kind of flip flopped. Because this past few days, your last days of winter have felt really nice in like an early taste of spring. Today were going to continue that trend with some really nice sunny skies eventually anyways. Weve got a lot of low cloud cover out there this morning. This deep area of fog that has settled into the
Yesterday before we gradually cool down into the rest of the week. Right now, skies are pretty clear for the San Francisco area, but we do have some fog further inland. Taking a look at san jose in Mountain View out to the tri valley and up into the north bay, some patches of dense fog this morning. So do watch for those. Theyll hang out for several hours to once we reach the afternoon, though we are going to pappa tapping into a lot more sunshine and it is going to be a gorgeous afternoon to get back outside. Still in the 40s to 50s right now. So definitely need those jackets as were getting this monday morning started look at what weve got later on today, though. Daytime highs will rise into the low to mid 70s. Ill be getting to our cooler and eventually rainier forecast. All still ahead right now. All right, john, thank you for that. Lets get a look at your bridges this morning. Meteor lights are on at the bay bridge, but no accidents there. 14 minute ride. Mateo bridge just under 1
Living survivor of pearl harbor. Nightly news begins right now. Good evening. Winter has saved its biggest punch for last. Tonight, exactly a week until spring, this image from space shows a powerful storm system gathering that forecasters fear could paralyze much of the northeast tomorrow with blizzard conditions. 85 Million People will potentially be impacted with 31 million from eastern pennsylvania all the way to southern maine, including new york city, under blizzard warnings. The ripple impact is already being felt at airports around the country. 6,000 flights for today and tomorrow already canceled. Lets get right to al roker with the very latest forecast and timing on this. Thanks so much. We time it out, we already see snow falling in washington, d. C. This evening. Philadelphia, youll start seeing it right around midnight. Tomorrow mornings commute, washington, philly, new york seeing the snow. Heavy snow and increasing wind in new york city in the morning hours. By midday, n
Living survivor of pearl harbor. Nightly news begins right now. Good evening. Winter has saved its biggest punch for last. Tonight, exactly a week until spring, this image from space shows a powerful storm system gathering that forecasters fear could paralyze much of the northeast tomorrow with blizzard conditions. 85 Million People will potentially be impacted with 31 million from eastern pennsylvania all the way to southern maine, including new york city, under blizzard warnings. The ripple impact is already being felt at airports around the country. 6,000 flights for today and tomorrow already canceled. Lets get right to al roker with the very latest forecast and timing on this. Leicester, thanks so much. We time it out, we already see snow falling in washington, d. C. This evening. Philadelphia, youll start seeing it right around midnight. Tomorrow mornings commute, washington, philly, new york seeing the snow. Heavy snow and increasing wind in new york city in the morning hours. B