Housing data rebounded with Building Permits at their highest levels in 12 years we are set once again for record time close on the nasdaq anything positive, of course, is a record the s p has just dipped negative the dow has been negative for most of the afternoon. Joining us for the full first hour of the show, steve weiss from short Hill Capital Partners steve, very good to see you. How you doing . Good to see you what stands out as to whether or not were going to issee a meaningful move higher or lower . Its all about trade. Home depots announcement aside, which wasnt terrible wasnt terrible or was terrible was not terrible. And the stocks appropriately are saying, theres lots of people buying it into the earnings. And home depot, lets face it, theyve delivered remarkably over the last decade, particularly since new management came in but i dont think its really a referendum this report on the health of the consumer, which is what the market is based upon. And appropriately, were b
Temperatures at dublin, the eur though and much of the north bay is also in the 30s so we are off to a cool start in some cases even cooler than yesterday which as you remember was brisk as you stepped outside, so you want to anticipate some Cool Conditions as you plan stepping out the door this morning. Later today anticipating continually Cool Conditions, but it comfortably cool afternoon with highs mostly in the 60s. Robin. All right, thank you john were checking out the bay bridge 80 west into San Francisco and there is a wait here at the toll plaza, but its been holding for about an hour now right at the bottom of so its not even backed up through the maze like we normally see its a great time to just get on out there right now since its pretty much trouble free coming in and if your car pulled you going to save a lot of time making your way off to fremont street. All right over to want to want to cross the golden gate we have 2 lanes north on the right heading out of San Francisc
He has testified that he believed that Security Assistance for ukraine was tied to an investigation into the bidens. My clear impression was that the Security Assistance hold was likely intended by the president , either as an expression of dissatisfaction with ukrainians who had not yet agreed to the burismabiden investigation or as an effort to increase pressure on them to do so. Reporter testifying today, fiona hill, former top russia expert on the National Security council. She in part heavily criticized those who feel it was ukraine, not russia who was responsible for meddling in the 2016 president ial election. Back here at the white house, that lunch meeting, neil, we think it will be five or six republican senators involved. Two on the left side of screen there, i guess you could say are interesting ones. Susan collins, mitt romney expected to sit down with the president. At times they have not followed the party line as it relates to maybe agreeing with President Trump. Im tol
Investment idea right now. It may vice you. And later hidden housing play. Why one options trader says in builder breakout is about to get hammered but we begin with big new developments on boeing the stock falling hard taking the dow down a former employee may have misread regulators about the safety of 737 max planes phil lebeau has been following the story joining us from chicago. You see the sausage being made my photographer handing me new documents we received from capitol hill regarding what a former chief technical pilot for boeing may have known when the m cast system, crucial to the 737 max was being developed. This all goes back to 2016 messages turned over on capitol hill in one of the messages he says oh, shocker alert, mcas is active down to m2 its running rampant in the sim on me. The sim referring to the simulator. Theyre in the process of developing the mcas in 2016. A couple of texts later or messages later he messages a coworker, so i basically lied to the regulators
I could go on and on. Growing china trade uncertainty. Things are getting a little violent right now in hong kong. For next two hours well put it all together. We say boo, you decide whether you still want to buy. See what we did there . Neil boo were down 226 points just like that. Starting off the first day of this problematic month. It is not traditionally the worst month for stocks but more memorable from some of those crashes, crashettes whatever you call them. Im not saying it will end up this way but it is starting out that way and scaring some folks. We have had big drops this month. October of 18 we can remember 1342 hit. In 081525 point hit. We could go on and on. In percentage terms the big one to beat is 25 plus hit in the dow in october of 1929. In 1987 we lost a quarter of the dows value. I only mention that, this is a spooky month. We have a lot of spooky developments were getting into. Not only widening search for subpoenas on capitol hill and people resisting those sub