And how the socalled pubs fire is in napa and Sonoma County. It has scorched more than 28,000 acres. The biggest fire is in napa, the atlas fire. We know people in fairfield are beginning to be evacuated which is on the right side of the screen. That fire has burned more than 42,000 acres. Only 3 contained. That atlas fire started in napa and moved to solano and now is starting to threaten some of the communities on the outskirts of fairfield as that fire moves south and east. There are evacuation advisories popping up. One of them for the eastmont area near fairfield. We spoke to the fairfield mayor and that is what he was driving. They did not think it was it would happen but it is getting close. The fires have prompted dozens of mandatory evacuations. We will start with some recent orders that have been issued. The entire community of calistoga has been ordered to evacuate. This is mandatory. Conditions have been getting worse and worse throughout the day. They expect them to deteri
Cut in one big oil name. Well tell you which one. The action begins right now. That doubles every day, particularly bad. Biotech stocks posted their best in more than a month. The biotech etf, the ibb rallying more than 3 this week. It comes as the group lagged to the broader nasdaq 100. So is biotech finally playing catch up to the market . Should you buy in . Mike . Yeah, well, i definitely think so. Look, we did see some bullish activity in the biotech etf earlier this week. Looking for a 15 gain in there. Probably by about september. There are a lot of reasons why you might think there is room for a rally. For one thing, some of the political headwinds that were the talk of the town. We havent we heard as much lately. These are actually kind of rare these days, cheap stocks, if you look at them on a trailing earnings basis, a lot are trading barely in the double digits. If you look at an area that has seen consistent revenue and earnings growth, this is one of the places to look. I
Getting short tesla. Hes crazy. Well, after you see the carts, you pay change your mind. The action begins right now. [ music playing all right, now lets start with the big story of the day, amazon, you might have we heard this, buying whole foods for nearly 14 billion that news sending both stocks higher this sex. Amazon up about 2 whom foods you might imagine surging 30 to the buffet takeover price a. Lot of shortage as well 42 bucks a share was that bid. Some suggestings we could see a bidding war. Options activity exploding whole foods off the charts get the, the stocks saw more than 70 times its daily average volume options super hot as well, pretty much all centered right around that 42 mark but the nature of the volume might suggest traders are betting against the notion of a bidding war. Of course, very complicated. So lets break it down here. Mike ko, not only options expert also based, you know, next door to whole food. You live in austin. I do. Thats where theyre based. Have
All right now weve got some tunes lets start with the big story of the day amazon, you might have heard this, buying whole foods for nearly 14 billion that news sending both stocks higher in the session. Whole foods surging. A lot of Short Interest on that stock as well. 42 bucks a share was that bid. Some maybe suggesting we could see a bidding war. Options activity exploded and whole foods today off the chart. The stocks saw more than 70 times its daily average volume options super hot as well. Pretty much all centered right around that 42 mark but the nature of the volume might suggest traders are betting against the notion of a bidding war. Obviously very complicated so lets break it down. Mike, you know, based next door to whole foods you live in austin i do. Whats the options take well, first of all lets talk about something fundamentally first. Its interesting to me, whole foods was a company that was everybody was wondering whether they were going to get their mojo back and as
The action begins right now. [ music playing all right, now lets start with the big story of the day, amazon, you might have we heard this, buying whole foods for nearly 14 billion that news sending both stocks higher this sex. Amazon up about 2 whom foods you might imagine surging 30 to the buffet takeover price a. Lot of shortage as well 42 bucks a share was that bid. Some suggestings we could see a bidding war. Options activity exploding whole foods off the charts get the, the stocks saw more than 70 times its daily average volume options super hot as well, pretty much all centered right around that 42 mark but the nature of the volume might suggest traders are betting against the notion of a bidding war. Of course, very complicated. So lets break it down here. Mike ko, not only options expert also based, you know, next door to whole food. You live in austin. I do. Thats where theyre based. Have you the insiders there locally. What do the options take lets talk about something funda