Santa rosa in 38. Its 39 in livermore right now. 43 concord. 46 oakland. The afternoon is just like yesterday. That means sunny, warm and beautiful. Mid to upper 60s. How is the drive looking . Its getting busy this morning as you work into the pass. Its the usual stuff for the super commuters going westbound into 580. Thats where we are seeing most of the delays. Expect a few brake lights. The good news, no accidents or incident for that portion of the freeway. Travel time 30 minutes 205 toward 680. Right now looking good across the east shore. No delays along highway 4 and that ride out of the south bay so far so good. A few brake lights starting to form for that morgan hill commute. Bay bridge toll plaza quiet, no metering lights and its a very easy ride as you work out of the east bay into the city. Live news desk. We will watch this morning on the investigation into that huge fire that started in a berkeley seven story apartment building. It caused the evacuation of a nearby three
And the big week around retail rolls on, but are there any stocks out there still worth opening in the reopening trade we have some names for you on this wednesday, november 18, and this is Worldwide Exchange right here on cnbc the band subject of a little online debate that i was posting last night to my instagram good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan and good wednesday morning hopefully you wont need a remedy today here is how your money and the Global Markets are setting up their wednesday. Stock futures are now higher across the board small gains, yeah, but they are gains none the less. Dow futures up 64 right now. It was a mostly lower session yesterday, all the major indexes breaking two session win streaks. Hey, you cant blame the market maybe for pausing in what has been a huge surge in one of the best starts to a month in decades. In a note out on the market technicals from the spoke, the
Banks, airlines all up while faangs are taking a bit of a break. If you ask me whats the best Case Scenario for the market to the end of the year, i would say this whole narrative about how its like the top five stocks driving the market, i would like to see that come to an end and Everything Else play catch up and start to participate and that is literally what weve seen take place. We had a breadth thrust a week and a half ago where almost every stock broke back above its 200 day. We now have more s p 500 components that are up on the year than down on the year for the First Time Since march i think alphabet is the most recent performer but the faangs are not part of this the whole narrative out of the window that this is index fund money and only microsoft driving this is gone now you have a broadbased rally, not based on nonsense, companies have rising earnings expectations, almost every sector weve even got performance at companies that six months ago you could have made a case to
Right now, giving you a live look from the sales force camera. Looking at the city of San Francisco. Good morning to you. Its wednesday, november 18th. It is rainy out there if you are going on the road you want to be careful. We will check in with mary. It was tricky getting across the bay bridge this morning, mary. I bet. Yeah. We are dealing with more wet weather as we start off our day. As we head through the afternoon, just keep the umbrellas handy as we look at that unsettled weather for the bay area. Here is High Definition doppler. You can see the showers lighting up our radar screen. Zooming in, and you can see especially for the east bay, some light to moderate rainfall right over san leandro and heyward this morning. Right over the san mateo bridge and along the coast by Half Moon Bay and over the peninsula over wood side. Putting this into motion you can see the showers pushing through the bay area overnight and this to this morning. We are really looking at that low pressu
How to get through this. Its been an extraordinary outcome. One i could have never perceived could happen in march when we were scrambling for ppp loans, the majority of my companies were cash flow negative we shut down retail, until we went through this extraordinary transformation we would have never shut down our headquarters we would have never assumed that we could make a pivot and start selling direct to our customers instead of through retail. Thats exactly what happened and when you sell something direct to a customer, you make almost 100 cents on the dollar versus 0. 50 when you sell through retail thats the reason that theres a massive digital pivot going on, and theres major cost savings also occurring i could have never foreseen this, 15 of my staff including the areas of accounting, logistics and compliance never want to come back to the office. Wow. Theyre raising kids at home in the suburbs, taking care of elderly parents. Another major savings. This is happening to ever