At 4 00 though sometimes go into extra innings but at least we got some sports, it happens to be in the form of a stock market had sports gamblers descend because they have Nothing Better to do, nothing else to do. Does that explain the action today when the dow gained 131 points and s p claimed nasdaq jumped but be careful, there were late day reversals or just investors pouring money into the same members of the new high list based on a winners win philosophy maybe driven by foreign buyers honestly, at this point it could be all three and the problem with these constituent sees is they make things more dangerous for the rest of us how do i know this i made it up no let me first, i did some first class work by my friend david, the master of research at goldman sachs. In his mustread u. S. Weekly kick start, he talks about how Foreign Investors with largest net buyers of u. S. Stocks in the First Quarter and notes that there is a surge in retail trading. Retail meaning like regular peo
Expects a renewed down turn. And with the big swings in the market, weve seen the vix, the volatility fear gauge above 53 59 minutes left in another volatile week. We have great guests david giroux from t. Rowe price. And shares of wind ham hotels Geoff Ballotti will join us. Lets get to the market now and another up and down session for stocks after yesterdays massive drop mike, you may be coanchoring to day. Youre not off the hook. We need your charts and your dash boards. Walk us through the action what happened . I wouldnt have it any other way, of course heres a one year, the s p 500, that selloff yesterday was a little bit destabilizing, it seems for the tape it didnt punk tour the air that this rally is inpenetratable it did hold today. Back down around the 3,000 mark. Theyre fighting it around that level. I did highlight this zone in here a lot of this area is still in normal pullback zone the rhythms of the market seem like theyre a little upset by yesterdays pullback you ment
Make this area into a pedestrian promenade in order to do that theyre going to have to close down some of the streets and immersion say that this is a safe and helpful plan for them and their customers. Owners of tightly packed shops and restaurants and upper grant avenue say they need space to better serve their customers where cars have been lining up along the narrow streets of north beach businesses would like to take over basically what happens is people come here, they parked their cars and they dont use the businesses right now. Merchants Association President dan mock erie nice as by expanding into the parking spots it will allow shops like his more room. It will also allow his customers to move more freely. Mikey rini is hoping the city will take it one step further by closing the street so the area can essentially become a pedestrian promenade partially by taking over those patients we are reasserting. The idea that that for support Small Businesses in the neighborhood once s
I live in this neighborhood for about two years now and im used to the sound of the elevator train and up the streets the cars that are around. And where the kids play. Some people might think its colorful, you know . But when you live here you call it something else, because it doesnt look good or smell good or feel good. Especially not when youre sick. Not when your body hurts. And you want to make it well. It took a while, but weve got a good answer to sickness in this part of new york. Its part of a new idea thats going on in other cities too. You know . All over the country. Here in the bronx, we call it the Montefiore Health center where people from my neighborhood can come and have their sickness treated and their hurt made well. You are entering a new world of health care. It draws upon the same science and uses the same instruments and equipment that helped services traditionally do, but in the philosophy its different in startling and significant ways. Here in the montefiore
More today and tonight into tomorrow, heres a shot of the radar to see where we stand the heaviest rain bands pretty much go from a line of richmond down the peninsula. And then another patch down there to the south bay as well from a say up to eastern Contra Costa County all the way down to the south bay now the flow pattern will show you whats coming from the southwest moving to the northeast. Losing a little bit of intensity. But it looks like theyll be a regeneration happening later on in the Santa Cruz Mountains particularly in the south there police favoring that area. Now the shot is as youre going to see all this morning for the brit shots and such a lot of fog to deal with that nears alcatraz in the foreground barely detectable and off in the background you can see San Francisco which see San Francisco and also the bay bridge to our temperatures are very mild right now were in the lower to even middle 60s off to any are there upper 50s meanwhile up to the north bay and down so