Electric vehicle stocks are scorching, oil stocks are gushing. To chase or not to chase, thats do question ill be the question ill be asking some of the best. We are waiting for the paddenning of the thanksgiving pardoning of the thanksgiving turkey or turkeys. All that and so much more on making money. Charles the broad market propelled out of the gate powered by continued excitement over that midday announcement yesterday that janet yellen will be heading the Treasury Department. Then theres also the transition of power at the white house and continued strong corporate earnings. Wall street professionals find themselves chasing a train long after its left the station. Remember, they were complaining about this or that. Blackrock, in fact, says its now overweight u. S. Stocks with 40 technology and Communication Services alone, only 11 in european stocks. While theyre not really the worst problems like buying stocks or holding during those violent selloffs, chasing bigtime rallies is
As we have been reporting, in less than 30 hours, new restrictions take effect. Exactly when those rules start depends on where you live. San francisco, santa clara, contra costa counties will be the first to enact the order at 10 00 tomorrow night. Tonight, businesses and customers are preparing for another round of closures. Nbc bay areas tom jenson is in walnut creek with more on how people are coping with the uncertainty. Reporter stylists here at the grove salon, cutting and coloring their clients time one more time before yet another shutdown. I wish there was another alternative than just completely shutting down. Personal care. Because people are being careful. Reporter the owner plans to keep extended hours today and tomorrow before salons are shut down. Were going to take care of as many people as we can and hopefully hope back in three weeks. Reporter covid19 cases are surging across the state. Ooze anymore the medical field, so i hear it and see it all day long. Reporter lo
Pretty quickly as weve already seen in parts of the state. Take a look at Southern California and the San Joaquin Valley there. A shelter at home order now taking effect there tomorrow night. This all comes as the state surpasses 1. 3 million cases. Yesterday alone the state added more than 25,000 new cases. For much of the bay area theres so much uncertainty right now. One thing businesses do know is that they want this to be the last shutdown. Nbc bay areas tom jensen has more from Contra Costa County. Reporter one last shot at some sort of normalcy at this walnut creek brewery before it has to close down along with a whole host of other Contra Costa County businesses. But it was a dismal day of sales following reports of record covid19 cases and pending statewide stay at home orders that will go into effect here and at four other bay area counties starting sunday night. Every time theres an announcement like this that comes out people become a little bit more nervous about going out
To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy makers i want investors to give consideration to who potentially would be the treasury secretary. And, lastly, what will incoming president elect bidens policy be towards the chinese i think the reintroduction of a favorable relationship is a positive one so there are many catalysts coming as it rates to the reopening of stocks, you could look at financials and energies, but the one sector that stands out to me as the opportunity is industrials it screams high in terms of return on equity, its go
Good afternoon, and welcome to the land use and Transportation Committee of the San Francisco board of supervisors. For today, november 30, 2020, the last day of november. I am aaron peskin, chair of the committee. Joined by supervisor safai and Committee Member preston. Our clerk is ms. Major. Do you have any announcements . Thank you. Due to the covid19 Health Emergency to protect Board Members and City Employees the legislativladies and gentlemene. Committee members will attend through video and will participate as if they were physically present. Public comment will be available on each item on the agenda. Depending on use provider they are streaming the number across the screen. Each speaker is allowed two minutes to speak. Comments to speak are available via phone by calling 4156550001. The meeting id is 14665730274. Press pound pound. When connected you will hear the discussions but be on mute and in his senning mode only. When your item of interest comes up dial star three to b