87, the s p 500 is up 10. 5 this month the russell 2000, the biggest ever month live oly outperforma small caps that sort of sets the scene for us your note today to our producers to me says everything, bryn. You say, yeah, were overbought, the market is technically ahead of itself, 200Day Moving Average but wed be buyers anyway yeah, you summed it up perfectly. I think to give some perspective around that, when youre looking at technicians or technical calls, the 200 Day Moving Average, over 90 of stocks in the s p are over their 200 Day Moving Average when that number gets above 80 , thats typically a time to take a stand back as a trader as an investor, though, as we are, you want to take a look at that and say, hey, if we get a selloff, which im sure well get because thats just the price of admission for being an equity investor, we absolutely want to be in stocks because what are your alternatives cash or bonds . And both of those offer you no yield and so we also think that next
Way there is an yeah, no baking for me this weekend i left that to you guys hopefully as were getting back to work today, youre not feeling too full still from that thanksgiving feast and all the leftovers. If you are well a good chance to get outside burn some of it off because were off to a cool start to this morning. Its going to feel good to get that heart rate up as you get out there otherwise youre going to be chilly looking outside weve got clear skies above San Francisco, no fog. No cloud cover thats the way were going to stay today, nice Clear Conditions all the way through the afternoon any chance of rainfall as well to the north up in washington oregon. Where its been staying lately as for current temperatures, look how chilly. We are palo alto youre at 37 dublin at 33 san jose you were in the 30s now you your way back up to 41 degrees santa rosa you are in the 20s now returning to 30 degrees still below freezing though fairfield youre also at 30 right now napa nevado at 37,
Im dion lim. A huge swell of covid19 cases has prompted several counties to implement a new stayathome order. It goes into effect at 10 00 tomorrow night for San Francisco, santa clara, and contra costa county. Monday at midnight in Alameda County, and noon on tuesday in marin. The new rules will stay in effect until at least january 4th. We turn to abc7 News Reporter luz pena now who spoke to people who are out for what may their very last meal out until next year. Luz, as we can imagine, some businesses really concerned here. Dion, i spoke to several Business Owners who tell me these are going to be very challenging weeks. Theyre planning to lay off some of their staff after tomorrow night as they gear up to survive the stayathome order. Unless something changes, this is what the last saturday of Outdoor Dining of 2020 looked like in San Francisco. Packed. Yeah, the last hurrah. Reporter this family heard the news and are going on a food tour. We started at the ferry building, and th
The markets matched in their explosive force by Online Retail. We are on the cusp of a recordbreaking cyber monday today but will any of the Online Retailers be able to break out of the amazon jungle . Top 200 amazon seller now turned tellall author is here to cut away the brush to reveal the wonders and the dangers of doing business on amazon. And as president elect joe biden begins locking up his economic and cabinet teams, one crucial position still remains unfilled. Who will nab the top spot at the Energy Department . Sun power Ceo Tom Werner about to let the sunshine in on that guessing game. First, a fox business alert. The dow is on pace to close out its best november since 1928 and you know what, the s p is even better. Trying to clock the best november in its history. But take a look right now, the small caps, the little guys, the russell 2000. Forget november, this is the best month ever for the russell, up 18. 8 . Sm energy, gannett, choice point, some of the biggest small c
Dr. Rutherford, thanks for joining us. My pleasure. I trust you had a good thanksgiving . Sedate, but yes. Thats what we like to see. Not everybody did it in a sedate way. What do you think . Surge . When . Well, for the first, you know, just answer the question directly, were not going to know for several days now, so if infections were happening on thanksgiving, wed be diagnosing tomorrow, wednesday, thursday, theres going to be some lag for backup from the holiday weekend, so i would suspect well be able to see something by oh, you know, say the end of the week this week. We may see cases going down. We may see cases plateauing, we may see them going up. I hope its one of the first two. We wont know for at least a few more days. Who should get a test . Well, i mean, people who have symptoms should get tested and diagnosed. People who have been nope as contacts or know theyve been in contact with someone with covid, a prolonged period of time. They should get a test. What if i travel