Weekend. Sunday will be the hottest day. We have a mostly clear sky as we see the sun starting to rise in walnut creek and our temperatures go from the upper 50s quickly to the mid80s by noon, and its going to continue to heat up. Were talking about Current Conditions on the Altamont Pass. For more on the traffic impact over to you, mike. Kari, youre talking about the Altamont Pass. As we look at the entire bay, the Speed Sensors are great except for the altamont where its worse than normal especially on a friday. You have two lanes of the westbound commute direction. Only two lanes open. Westbound your right lanes are open. The lanes off to the left, the three lanes are still blocked by the fire activity. A smaller fire on the eastbound side. Were still concerned. Lets take you to the breaking news, a brush fire fueled by wind. Today in the bays Sharon Katsuda is getting a Vantage Point. What can you see from the area where you are . Reporter we can definitely feel everything that mik
Alley were seeing more push and pull this morning in this case the dow and the s p are green. Were getting decent bounces in names related to travel. Of course the covid cases out of florida at 11,000 plus is not good, but it has been off set by the data out of gilead lets talk about where were going in the coming weeks. You have been riding names like facebook and alphabet and is any of that betting tired the nasdaq 100 has bet the s p for ten straight months. At this point i think the s p this year is down 1 and the value index was down we started our careers at the same time. We saw the tech bubble we saw how bifurcated it can get. We saw how they still have value. Other companies doing exceptionally well it is not available compared to what we see in other sectors what is an example of that . Lets take leer if your family owned the business, you would say we made a billion and a half dollars a couple years ago and a few years from now we will again, but the market is offering to bu
Value and cyclicals are doing better than tech tech just in the red energy and financials at the top of the pile. Stephanie, are we getting a rotation, the start of something that might last a bit longer than it has done ever before well, you know my position. I own a bit of growth and value. Im hoping value has its day in the sun. What you need for value to work is better growth and also a higher expectation for inflation. While we are Getting Better growth sequentially. Youre not getting anything close to inflation look at the ppi numbers today. I think this is why a barbell strategy makes sense people will still want secular growers that can participate many some very powerful themes you want to be price selective but you want to have exposure there but exposure to the cyclicals if you believe the growth is going to improve and that will lead to inflation. My supply is up 25 year over year thats a big number. That will come home to roost, i think. One last point, i would say on valu
That cloud cover thickens up so its going to remain with us through much of the morning commute. All the way into the east bay hills out towards the coast. Before we do eventually see some clearing skies and like weve seen for the past few weeks down abundant sunshine for most of the bay as for stormtracker 4 really quiet picture you wont run into much of anything except for some coastal drizzle right along the coast and then into the hills of the east bay. Temperatures 50s and 60s for most areas conquered year at 63 livermore at 62 double in fremont the low 60s well berkeley, San Francisco and timber on in the mid 50s for your current temperatures as we make our way into the afternoon daytime highs are swiftly going to rise yet again but not quite as warm as they were for the day yesterday nor on saturday either with most inland highs remaining in the 80s today, youre still gonna have a couple of 90s which well talk about in a second. Coastal in bay areas in the 60s and 70s. I do have
Each livermore and oakland at 60 while petaluma and nevado as well as San Francisco. Each at 55 degrees looking ahead at your afternoon day time highs eventually climb into the upper 80s for most inland spots, few 90s remain on the map which ill tell you more about what you can expect there on into the rest of the forecast back to you all right john thank you 5 oh one lets begin this morning with the very latest on the coronavirus numbers show at least 33 states now seeing case new cases rise on a week to week basis in fact the map here showing us the update. The areas in deep red, those are the numbers where weve seen cases jumped by more than 50 . From the week prior 8 states are there in red and that includes as you can see california there are us 25 other states that show a 10 to 50 increase in coronavirus cases and those have been highlighted in orange right now weve got a total of more than 3. 3 million infections in more than a 135,000 deaths across the country because of covid1