Down two lanes of traffic during the friday afternoon commute to investigate a shooting. But, it didnt end here. Police say one of the victims tried to drive to Kaiser Hospital in richmond. Reporter this is chopper five hovering over the crime scene on i80, the shooting happened just after 1 00 this afternoon. Two eastbound lanes shut down for nearly 2 hours, causing a traffic backup for miles. According to richmond police, one of the victims drove to Kaiser Hospital in richmond, but, this is the scene just blocks away. A mangled silver sedan sitting on the sidewalk on mcdonald avenue after slamming into a lamppost, a black toyota was also damaged in the crash. 2020 has been a mess. 2020, since the pandemic, its been a mess. Reporter richmond residents are tired of seeing the senseless violence in their community. Despite it is actually almost in the same area that we had the shooting and not too long ago. Not a couple blocks from here. Reporter a richmond wrapper was fatally gunned do
2000 people have been invited to a rally at the white house today, one week after President Trump was hospitalized with the coronavirus. Shots fired on a busy east way freeway followed by a nasty crash as locals call for an end to the violence. We need to sit down as a community and figure out what our next steps are. We are hurting each other and creating more have it that anything else. In the aftermath of hurricane delta, the storm knocking out power to a half million homes and rolling ashore as category 2 hurricane good morning on this saturday, october 10th. I am emily turner. I am devin fehely and lets get to our own meteorologist darren peck. We have a deepening marine layer that could have some drizzle but thats bout it. Other than that relatively cool today. For the most part cloudy. This is the coolest day of the whole 7day forecast. We will start a warming trend tomorrow. By much of next week we will be sunny and warm with dry offshore wind. Until we get there enjoy a cloudy
Todays action dow gaining 140 and nasdaq surging 1. 71 the market reflected everything going right, but totally obscured everything going wrong. Its a tale of two cities. It was the best at times and worst at times but on up days, we focus d on the best and ignoe the rest what do i mean lets start by going over the winners today to see what they are trying to say. You have to define them. They speak to you. The stars of reteail tell the story. The most important winner is amazon this morning, analysts who missed nearly the whole rally here took the recent pull back as an opportunity to upgrade it was very significant. I liked everything in the support from approval to the patience you see, he waited for a double digit decline before he pounced. Most people were flying. Not him. I like that. In recognition of the incredible strength with rapid delivery and the fly wheel approach he says buy amazon is there anything in this note actually, yes. You can make the same arguments about amazon
The nasdaq pulling away from alltime highs, the apple one of the five big stocks posting a gain today but while big tech tumbled, the rest of the market was better. The s p 500 less than a percent away from a new alltime high and energy and industrials leading the way. So todays market action, is it a sign florithat the great rota is in place. Guy . It would appear that way. And happy monday and i took french in high school and this move was as we used to say [ speaking Foreign Language we get what youre saying. That is what i said at any rate, it is a pretty and kudos to tim and karen theyve been talking about the transportations for a while in terms of the stocks, look at the move in caterpillar today, a few weeks ago you played trade it or fade it with karen and boeing was 195 and she correctly said to fade it and we talk about how it would trade down to 160 or so and it overshot down at 154. But look at it today, approaching 180. So i think this is a healthy thing. I think those na
Previous peak on february 19th and all i heard is its because were having a v shaped recovery wrong, wrong, wrong. Not just wrong but laughable in a v shaped recovery the Dow Jones Industrial average would be hitting highs but this move is led by the nasdaq and s p including today the dow lost 67 points as the s p advanced 2. 3 , the nasdaq gained 7. 3 you dont need to be a Rocket Scientist to figure this out look at the stocks that have brought us to these levels they are not the recovery plays. In fact, they are the opposite they are stocks that tend to do well because of what we call secular considerations, not secular like nonreligious but secular as in they are doing well because of trends in their own industries, not the economy. Far from it. Allow me to explain. We had a magnificent v shaped recovery in the stock market, but the stock market is not a great reflection of the voter economy anymore. If anything, the actual economy is in precarious shape now that the government stim