Breeze. San jose starting off at 52. Will go for a high of 74 and beautiful san jose. For us, we start off clear skies here. Mostly clear. A little breezy. Blustery at times. Cool for some. Not too bad for others but it will be slightly warmer this afternoon. We do have the red flag warning out for the north and east bay hills. That goes till friday afternoon. Thats that northerly wind but again nothing yet. But we expect that maybe to pick up a little bit. I mean, this just looks like a breezy, blustery day to me. Not so much in the windy category. For us its sunshine, good to go once we get cranked up of course. Breezy, windy for some but its a north, northeasterly direction. Yesterday was a little more west, northwest. 60s, 70s or soft 80s. Heres sal. Good morning. Right now we are doing pretty well around the bay area as you can see. Traffic is moving along pretty well on 80 westbound as you head out to the mcarthur maze. No major problems getting out to the mcarthur maze and to th
First time they have seen that in 18 months. Citigroup also chugging higher. Apple, though, lets take a. Look, interesting day here once again. It is moving higher on better than expected iphone5 numbers in china. 2 million sold there. Morgan stanley pounding the table. Ipad and iphone demand remains robust. You need to own apple into the early part of 2013. Earlier this morning, first, on the flip side, you have citigroup saying they are downgrading apple. My phone suppliers have cut back on some orders. Attention, that donalds shareholders, here, i have one. I will put it on ebay. The race is officially over. We are talking pork, pickles, onions smothered in barbecue sauce. Mcdonalds a widely held stock in light of your portfolios and 401 k s. They bring it back every year for a limited time. Look at what it is doing for the stocks. It is up one full percentage point today. It has been kind of a rough couple weeks. The fabulous mcrib, i do not know, is it really a rib . Lets get to t
That means it is 943 millibars. Sounds technical . It means it is a really deep storm, even for a hurricane, and it is transitioning into a nonhurricane, and yet maintaining its strength. Thats one important factor. The other important factor is take a look at the bends that this storm is making. You can see that really well on the satellite photograph. That bend from east to west is very important, because it is bringing the water with it. In fact, the only storm that ever did that before, at least in my lifetime, is the perfect storm back in 1991, just one day different from today. It was october 30th in 91. The differences between that storm and this one well, that storm, as you could see, basically skirted cape cod, never really making a full landfall, but but, there are important similarities as well. The similarity is, number one, extra tropical storm, was a hurricane, turned around. And number two, both those storms moving from east to west bringing both the winds because of the
Minutes. All other markets will remain open with scheduled break between 5 15 p. M. And 6 15 eastern time. We see red arrows in europe. Well talk about things driving that action later on. We have your bases covered on Hurricane Sandy and what is at stake for businesses and your family. We begin with scott cohn in battery park. Scott . Reporter good morning, melissa. This was completely dry just a couple hours ago. What you are looking at here is high tide. This isnt storm surge to speak of yet. It is high tide exacerbated by the full moon and somewhat exacerbated by sandy. If you fast forward about 12 hours from now when the next high tide comes in and the storm is coming ashore, add about a foot of water onto this and then you start to look at what manhattan is facing. Its not that much drier inland from here in this socalled zone a where 375,000 people live. Some very important businesses and Financial Capital of the world is located which is why they are not trading stocks today. I
Proposal from boehner will not pass the senate. The market is surging once again a high of the session up 117 points for the dow, right now better by 97. This is the breadth of the market, overwhelmingly positive meaning the advance is outpacing the decline. The Dow Jones Industrial, as you can see, nice move. Twentyseven down 30 components are up. United technologies and in tela the best performerr. General electric, one of the few weak links in the chain. You, the investor, continuing to pile into what . Well, the financials, especially the big moneycenter banks like banc of america north of 11 per share. At 1116, the stock is nearly doubled. And you can see, up just 1 penny. At 39 in assistance 0. 16 that is a big resurgence. Wells fargo, a similar sort single story. Goldman joining the story. All right. The sec of the Home Builders. Momentum trade. New highs across the board. A catalyst today. Data from the National Association of Home Builders since rising to its best level since