One interesting thing is we finally have a little bit of strength for the dollar after the fed yesterday in a while range, now slightly higher. This is tampering gold. A gold rally is on pause. Not a strong Risk Appetite on the day to say the least. David at the same time, we had the big tech hearings with the four ceos getting beaten up. We had some big earnings today. Does it look like tech might be holding up a bit better . That tech hearing yesterday, they lucked out, or investors lucked out to some degree on the fact the fed was also happening that day. That was probably more of a psychological overhang. The bigger news is earnings after the bell today for apple, amazon, facebook, and alphabet. 100,is 40 of the nasdaq about 16 of the s p 500, and a big question here is whether or not these stocks have run too far, too fast, not just off the march lows but the last earnings season. Amazon up 40 out of the last earnings season, but what makes it so interesting is earnings for the ju
Platforms do a uturn and surrender everything it made after that magnificent quarter sell sell sell you dont want to see walmart soar and then repeal the whole move after an amazing quarter no less it is agonizing to witness amd give up a quick 25 points when the future seems so bright but sometimes you have no choice and i think this is actually one of those times we just had another bad day. Dow lost 291 points s p shed, nasdaq tumbled 1. 7 . Boy, did it get ugly at the close. What do you do at moments like this rather than trying to trade in and out, selling everything and then trying to buy it all back at lower levels, i think you need to learn how to ride out these moments. Unless stocks arent for you see, i think if youre patient i believe youll do better sticking with stocks rather than hiding out in treasuries even if they have much more generous yields than they did a year ago. So lets start way key word here, and that word is patience. Two weeks ago we had the eminent market
Where the public got a front row seat to all the action. The marina green is a onestop shop for everything fleet week, more than 100 vendors and simulations, including a fighter jet like this one behind me. You can see what its like to sit in one. A lot of fun on the ground. But its when you look at the sky that things really get exciting. Youll hear them before you see them. But once you do, youll know fleet week is on the blue angels. Of course. Flying across the San Francisco skyline demonstrating their speed and talents. Vietnam veteran patrick board to lucy has lost count of the amount of fleet weeks hes attended. The blue angels might be his favorite part, but Everything Else is a close second. Its great to see the military. As much as there is all the services get together here and its like a big family. Its great there was a concern fleet week would not happen when there was a possibility of a government shutdown. Lieutenant nick lippert with the u. S. Navy was happy to avoid t
Start to see a little relief at the coast, but still hot elsewhere. Youre look outside at the Golden Gate Bridge looking crystal clear. We have 0 fog. 0 cloud cover. That means a perfect view of the parade of ships here in just a few hours. And of course, the air show later on temperatures in the 60s to 70s right now for most areas still comfortable enough to get the windows open, get outside. Enjoy the feel before here in just a couple of hours. Those temperatures skyrocket just enough of an offshore wind to natural way that cool coastal and coastal influence. And thats why or coastal areas will be just as warm if honestly, not even warmer than our inland spots. And another heat advisory now extended through tomorrow night for San Francisco down the peninsula into the south bay, the Santa Cruz Mountains and up to the east bay shoreline. Lot of these areas dont have ac. So if you need a cool spot to get to simple as the grocery store, a coffee shop, anything like that. Something to coo
Now at 2 after being threatened by a Government Shutdown. This years fleet week air show now underway. We have live reports from all over the city to bring you the sights and sounds also a heat advisory has now extended until tomorrow night. When that cool down is coming. The brain is also in the forecast. Plus, how parents are reacting after a reported hate crime takes place at an east bay high school. Station. Hes calling for 2. Thank you for joining us here on kron. 4 news at 2. Im justine waltman the fleet week air show is now under way. It started just about an hour ago. The blue angels that everyones favorite right scheduled to start about 3. 15, and will bring you that as soon as it starts. That waterfront event is taking place between the Golden Gate Bridge alcatraz. But it can be seen from all over the city. Even parts of sausalito. We do have Team Coverage with all the different vantage points throughout San Francisco kron fours rob nesbitt is hanging out on marina green, tal