Stocks today. Didnt they . The enterprise, celebrated, they were beginning to feel like they would never go down. Why . We had a couple noisy quarterly reports. Now, i got to tell you this artificial intelligence, you dont believe in a theme, these stocks have gotten overextended and even myself to ai, well, lets just say i have been on it for a long time. Today is the climb. 69 points losing. 65 . Nasdaq 106 . For once, little to do with Interest Rates that are plate or last night flat or last nights state of the union speech but it stung because the stocks that have been the most beloved some became the most hated. Buy, buy, buy. Sell, sell, sell. You can not blame the investors, that is the nature of the business. That is why we will play it later in the show and i dont want you to say i have been blown up by the bear. This morning, 8 30 a. M. , withy have a pathetic system, it showed in ways in the way that gave the bull very good news. Now, they grew by 275,000 jobs last month. Wo
Commercial crabbers and the drivers out there as well, it has been a rough commute as sal has been reporting all morning long on mornings on 2. Im glad i fixed my tire situation. What was the situation. The tire kept leaking every two weeks. Oh, yeah. I took it into the local tire shop. It was a screw. The same screw is in my garage. Do you know who plays with the screws . No. Who. A couple children that i know of. Go easy on them. Putting the screws behind the tires in my garage. Tell me how that works out. Im on the kids side. Lets check in with Steve Paulson right now. The current conditions. Hey, steve. Yes. The rain continues to move very slowly south. I mean, for areas north of about novato, maybe not much. But the fog has been an issue. Were still on 680 towards danville and san ramon. I believe so. The rain continues. Although some has let up a little bit. The main line has moved a little south. The overall line continues to move right in. This system as mike touched on, the be
You. Kevin, upgrades on u. S. Equity they say fiscal stimulus is super charging u. S. Earnings growth Morgan Stanley has a bit of a differing opinion. They talk about, youre going to get good gains through the First Quarter. And then all bets are off after that you know, the effective tax rate and whether you should be overrated u. S. Domestic versus europe is really the call of the day. I say theres nothing wrong owning u. S. Stocks and theres lots of opportunity in the midcap space to see the change in earnings but to ignore europe, the black rock call, is wrong. Make the nestle, lets assume you think the u. S. Dollars bottomed out half these companies have their companies in the United States why wouldnt you want to own them when you have a currency going back up if you have growth if black rock makes a call against europe, they have to make a call. Im putting every dollar domestic i buy europe as well i want to own nestle and American British tobacco because the earnings momentum i
Courtney reagan who is in for sara today who is on assignment. Good morning. Good morning. Lets get straight to the market action. Rallies across the board. Record highs across the board yesterday as we said already. The dow, s p, the nasdaq, russell 2000, s mid caps and th dow all hitting fresh highs yesterday. Extraordinary stuff. Broadness of the rally. The dow called higher this morning by 42 points. S p by 3. Nasdaq by 3. 5 points. U. S. Equities doing well. We also saw equities in europe do well yesterday. Lets look at what the euro did over the last 48 hours or so. It moved very sharply. Initially going about a percent higher. When the decision from the ecb was announced, the market was focusing on the fact that the monthly size of purchases was reduced, there fourth euro rallying on the expectation, that meant stimulus was being withdrawn. About an hour later, when the press conference began, the euro fell sharply. About a percent and a half down for the day. That was when mari
The people we spoke with here say they are staying close to home and most of the traffic they are seeing are those hitting stores for lastminute gifts. The little amount of time i was on the freeway there wasnt too much traffic. Everybody is still doing last minute shopping. It is pretty busy around here. The traffic is miserable. Is that why you are staying home . Yes. I do not want to be caught in the madness. We have some good news, this new years will be the second cheapest for gas prices in nearly a decade. Aaa says people have saved 27 billion in fuel this year over last. Wow. Thank you. Todays weather is prompting action on behalf of people who live on the streets. Jesse garrett shows what one county is doing to keep the homeless warm, safe, and dry. Reporter healing during the holidays can be done in a clean, dry, and the five space according to melinda mitchell. I think we had some technical issues they are. The San Francisco 49ers have found a creative way to give back, they