Enough fear. Theres not enough capitulation. Thats the story. We had another day where we saw we nasdaq plummeting 1. 87 . Yeah. What you may not realize is the market is the same going on in stocks which is unfortunate. The bottom market is more important. It is leading us by the nose. Enlist your professional investor maybe dont realize it. We have to get an understanding about the tyranny and how they are the overlords of stocks whether we like it or not. When the bottom market sneezes stocks get pneumonia. Man is it sneezing. They are selling everything in the bottom market to get out before at this point maybe just their shadows. We dont know anymore. There are four kinds of very motivated sellers. Theres the Treasury Department that needs to finance our government. The Federal Reserve is 5. 3 trillion in treasuries. Another 2. 6 and agency. Crazy. It sells as a way to shrink the money supply. There are the regular owners of bonds some of whom are gigantic amounts of money to on t
In our ongoing series, we call issues that matter, a closer look at americas longest war. Why were still in afghanistan. Conflict spanning three presidencies and where the u. S. Can go from here. We begin this morning with a look at todays eye opener your world in 90 seconds. Any senator who votes against starting debate is telling america that you are fine with the obamacare nightmare. Senator mccain returns for a crucial vote on health care. It shows how desperate they are not wanting to go home in august having accomplished absolutely nothing and frankly having to listen to donald trump beat them over the head with that. By the way, youre going to get the votes. He getter get em . Oh, otherwise ill say tom, youre fired a truck driver could get the Death Penalty if convicted in a deadly Human Trafficking case in texas. The driver told investigators he had no idea people were inside. Just devastating. Its like a war zone. Severe weather across the country. Tornado damage to extreme fl
Americas longest war. Why were still in afghanistan. Conflict spanning three presidencies and where the u. S. Can go from here. And a look at todays eye opener. Your world in 90 seconds. Any senator who votes against starting debate is telling america that you are fine with the obamacare nightmare. Senator mccain returns for a crucial vote on health care. It shows how desperate they are not wanting to go home in august having accomplished absolutely nothing and frankly having to listen to donald trump beat them over the head with that. By the way, youre going to get the votes. He better get them. Oh, otherwise ill say tom, youre fired. A truck driver could get the Death Penalty if convicted in a deadly Human Trafficking case in texas. He told investigators he had no idea people were inside. Just devastating. Severe weather across the country. Tornado damage to extreme flooding. In the phoenix area streets flooded after a second round of storms. A vintage military plane crashes after ta
We have a pretty big backup and you can see on the map the backup is growing and it could be up to the downtown as we take a look. I will say that the detour is still there on 880 and people are being taken off the freeway and getting on at 29th. There is a lot of traffic in the morning and people dont realize how much until you get caught in this backup. To avoid this use eastbound 580 instead of southbound 880. Westbound 580 is slow at the Altamont Pass into livermore, slow on tool five as well but Getting Better from livermore into dublin. 880 northbound looks okay up to the toll plaza and the bay bridge is moderate. It is 5 01 am. A warning you need to know about if you are heading to the beach, Christien Kafton is at the ocean beach in San Francisco. A lot of people maybe going there because it will get really hot this week and good morning. Reporter good morning. I was talking with a fisherman heading out talking about theaconditions at the ocean beach. He says that in his experi
Earnings for apple and amazon. Snapchat filing as early as this week. The ball rolling for one of the most anticipated ipos of the year. But first up, the president defending his executive order restricting travel to the u. S. From those seven muslim majority nations. Despite protests from around the globe, just moments ago the president tweeted, if the ban were announced with a oneweek notice, the bad would rush into our country during that week. A lot of bad dudes out there. Apples ceo tim cook among the Major Business leaders who oppose the executive order. In a letter to employees he wrote, ive heard from many of you who are deeply concerned about the executive order. I share your concerns. It is not a policy we support. Goldman Sachs Blankfein echoing that almost word for word today. Reactions to, jim, from google, nike, Reed Hastings of netflix calling it unamerican. Yeah, i mean, look, i think most executives were surprised. You look at who works for these Great American compani