Gaining. It is time to admit that conventional wisdom has been wrong every step of the way. In this market, patience is not a virtue discipline cluster of fortune. Buying the most obvious stock, well, that has been a strategy that was easy i struggle about how this is possible i am not used to a mark that reward investors being late to the party. We found out moderna has a vaccine that may work better than pfizer. Thats getting off the table we got uncontrol spread over america. And mayors and governors refused to shutdown the bars and restaurants. Those are the main places we are getting infected no, it is at home, jim this pandemic is steam rolling us the prospect of a vaccine keeps on plotting it and shutting everything down. I am sure you are wondering, given the numbers that we see, how is that possible first every now and then there were moments that well stood on our head. Time like these is not sell. You must be willing to suspend judgment how far stocks can reasonably go. Than
I see london, i see france, i see you in your underpants i always hated that diddy when i was a kid but you know what . It perfectly describes todays actions. Sellers caught with their pants down tipping just. 15 . Yep, this morning investors saw london and they saw france, not to mention milan and madrid. Specifically the europeans getting hammered as covid back on the continent they figured wed import those losses from europe so they furiously sold their stocks to get out ahead of the weakness. Many of these jokers probably trading in their pajamas the feet with the dr. Dentons. Panic pretenders here dumped shares at a 10 1 ratio, meaning there were 10 shares for sale or down for every 1 share someone was trying to buy. Now the late, great mark haines, one of cnbcs finest, always used that 10 1 ratio to call bottoms, including the generational bottom that he nailed in march of 2009. When the ratio sellers to buyers is 10 1 hed say you have to hold your nose and buy because that kind
202 7488001. Democrats, 202 7488000. Independents, 202 7488002. That michigang story yesterday, a special line for michigan residents, 202 7488003. That is also the number that you morning. Us a text this if you do, please include your name and where you are from. Otherwise, catch up with us on social media, on twitter cspanwj, and on facebook facebook. Com cspan. Good friday morning to you. More on that Governor Gretchen Whitmer and michigan story. Today storya yesterday about a yougov poll. 7 ,d that nearly half, 40 disagreed with the idea that the election is likely to be fair and honest and significantly more than half, 51 , will not generally agree with on who is a legitimately elected president of the United States. That online poll conducted october 1 through second. It also noted that another found poll of 1500 voters that 56 found they expected the an increased in violence as a result of the election. Those results by yougov published in usa today. A politico, this focusing on
Francisco and mid 70s for oakland. So that smoke forecast still showing that smoke pushing across our region. Well talk more about the weekend forecast coming up. Gianna . Good morning, taking a look at the roadways right now, metering lights are on at the bay bridge toll plaza. So things are getting busy there. Also looking at another bridge here the Golden Gate Bridge, it is a foggy start to your commute out of marin county. So just a headsup if you are traveling from marin city to the Golden Gate Bridge. Limited visibility might be an issue this morning. Elsewhere the Altamont Pass also one of the busy spots westbound 580. Its a slow and go ride out of tracy getting on the 580 connector from 205. No accidents thats the good news but the drive time still right around 30 minutes to go from 205 over to 680. New crash reported on the nimitz freeway. Ill have that coming up in my next report. Len . Happening today, positive trends in slowing the spread of covid19 add up to good news for
We know that from the kilo case where Justice Scalia said when cuttingedge technology is used in that case to invade the privacy of the home then a warrant was presumptively required and the jones case suggested that even outside the home you might have an expectation of privacy against cuttingedge technology. In the end, the government is limited in its ability to record our conversations in public by state and federal laws, but the expectation of privacy test would have protected you against the laser beam. James, welcome to landmark cases. Youre on. Hi. When Justice Stewart delivered the opinion in court he took issue with the way the petitioner act tomorrow lated the questions which included a, whether a public telephone booth was a publicly protected area and physical penetration was necessary before search and seizure could be said were violations to the Fourth Amendment to the United States constitution. He added a couple of words in there. One was in place of right to privacy.