Morning, saturday november 25th. Im bill wonder son. Mike masco. Good morning. Happy thanksgiving to you, sir. Were still doing thanksgiving thing, right . How long does that go on for you hey happy thanksgiving . Hes a little grumpy. Well touch on this. It got to you a little bit. Kind of like new years if you think about it . Happy new year. Its february 7th. Weve been you know. Its valid point. We will explore transitioning. Grumpy about the fact were still saying happy thanksgiving. The weather actually will be pretty nice today. Right. That will put in you good mood. There you go. Well near 60 degrees today. Happy thanksgiving. Laugh l. Happy saturday morning everybody. We got sunshine that will go to work today. A great looking day. Now, the only issue will come in the form of some maybe a spotty shower. This will be late though. Its 36 degrees in town right now. Southeasterly wind coming at 3 Miles Per Hour. And again the numbers theyre pretty easy to take were not looking at lo
13 points. The nikkei was down. Closed down by a half percentage point. You did see that stocks were higher in china. Hang seng up by 1. 5 then this morning in early trading in europe, take a look things are mixed stocks are slightly low ner germager lower in germany and france. Stocks in italy down by 0. 6 then you have crude oil. Crude Oil Yesterday ended up down back below 58. This morning its up, but still below 58, trading at 57. 57 to the story of the morning the closely watched senate race in alabama, Democrat Doug Jones is the apparent winner there, though republican roy moore is not conceding just yet john harwood joins us from birmingham he has that story. Good morning good morning. This was a very big victory for the Democratic Party first time they won a United States senate race in alabama in 25 years a big defeat for President Trump and his party. Look at the numbers. Twopoint lead for doug jones. Roy moore has not yet conceded he said gods in control were still waiting f
We got to look at the markets, 30 minutes into the friday session, one of the last of the year. Julie hyman is here and we are higher. Records again, at least on a closing basis, for the dow and the s p. A nasdaq not quite getting there. A list across the board for the three major averages. If we break it down and look at individual components, we will see strength as well. In retail, for example, both on the supermarket side as well as on the Specialty Retail side, we are seeing strength today. Costcosupermarket side, leading gains after the company came out with earnings that beat estimates. The Company Reported another quarter of increasing comparablestore sales, or i should say another month, 14 months in a row that costco has seen games in that area. In addition, membership rates are holding steady, which is better than cosco had anticipated. It is higher. Walmart and target are also getting something of a lift. Outside of supermarkets, looking at Specialty Retail, were looking at
Advanced point 37 and indeed 73 after yesterdays nasty pasting. Its worth talking about why theyre suddenly piling back into these Growth Stocks with no hesitation. First, you may be wondering, cramer, who the heck is they . They are the money managers, the big ones on the day after a selloff like to take advantage of every dip to do buying because theyve gotten so few chances to pick up stocks at bargain prices of late. Many investors look at selloffs like yesterday and say, oh, boy, here it comes, look out, the sky is falling. They started out very bold, like, hey, im here, im buying, buy buy buy. My twitter feed. After that last wave of selling they were washed up, lifeless, like drift wood orn some god forsaken beach. Then, depending on their political orientation they blame President Trump or his opponent for making his market uninvestable. And im sure somebody took their bat and ball and they went home. To heck with this market because they cant see a way out of the dilemma our c
Mt. Eden road. It was moving up hill toward mountain winery but away from homes. Abc7 News Reporter katie mar zu lew has the latest. Reporter they tell me the good news is its not windy here. Also the vineyard serves as a great fire break because the soil is tilled and crops are wet. At there point, crews have to keep the fire from spreading laterally. Theyll let it burn right up to the vines. Also no structures are threatened. Thats more good news. The smoke was first reported around 4 00 since then, firefighters have been fighting this fire on the ground and by air although there are some high tension power lines in the area so that does hinder the fire fight from the air to some extent. We have seen is water and retardant drops. The Fire Department is asking drivers to stay off the roads because of the heavy equipment up there right now to help with the firefighting efforts. Mount eden road is technically only open to residents. The advisory to stay off roads held up families trying