At 4 00 though sometimes go into extra innings but at least we got some sports, it happens to be in the form of a stock market had sports gamblers descend because they have Nothing Better to do, nothing else to do. Does that explain the action today when the dow gained 131 points and s p claimed nasdaq jumped but be careful, there were late day reversals or just investors pouring money into the same members of the new high list based on a winners win philosophy maybe driven by foreign buyers honestly, at this point it could be all three and the problem with these constituent sees is they make things more dangerous for the rest of us how do i know this i made it up no let me first, i did some first class work by my friend david, the master of research at goldman sachs. In his mustread u. S. Weekly kick start, he talks about how Foreign Investors with largest net buyers of u. S. Stocks in the First Quarter and notes that there is a surge in retail trading. Retail meaning like regular peo
S p 500 up 3. 5. All of this coming after the major indices closed at record highs. Dow up 55. The nasdaq and s p gaining 1 . Treasury yields with the tenyear yield at 4. 33 . That was fast. Lets look at the meme stocks. Well see. It could come roaring back. Gamestop now down six. It was more than double that. Amc is above the recent lows. Gamestop and amc fell during yesterdays session. Amc, as it has in the past, took advantage of the rally. Announcing a debt for equity stock. It completed a stock sale on monday. Theres the weekly chart. There is contraction and time you think that is a meme stock craze lasts four days . The last one lasted and went much higher. Much higher levels. People said gamestop was much harder to short. Right. It could be a weak phenomenon . Four or five weeks . Yeah. It went into the hundreds, didnt it . People really wanted it to happen. They wanted it to happen. It would be hard to keep any of these things going. Do you think were going to see a meme from
Lifestyle. On june29th he plead guilty to one count of bribery as part of a deal that ended his trial prematurely. Shame, shame, shame reporter in a Statement Read by his attorney in court, williams apologized to his family, friends and supporters and said quote ive made mista mistake. Mistakes of character and judgment. But prosecutors called it a pattern of criminal conduct. As for others who might follow in williams dishonest path we hope they take this unmistakable message ive stood in this same spot year after year after Different Cases and said which is that we will find you, we will prosecute you, and what happened today will happen to you. Reporter Seth Williams remains locked up in philadelphia tonight await assignment to a specific federal prison. Could be anywhere in the nation. Hell learn that in a couple of weeks we believe. For now, Seth Williams trading a pin striped suit for a prison jumpsuit. Dawn . All right, thank you, brew. And back to your fox 29 Weather Authority
Thanks for joining us. Im lucy nolan. Now we go to scott william. We were bracing for bigtime stuff, scott. It didnt happen. Thats right. Thankfully that is the case lucy and iain because of the cloud cover across our area, thats kind of kept the instability down. So right now its cloudy and humid only a few spotty showers this evening if youre stepping outdoors. But take look at this cold front its headed in our direction out ahead of it its still pretty warm and humid. But behind it, a taste of winter for some across the northern tear. So by 7 00 oclock, 80 degrees hit or miss showers. 77 degrees by 9 00 that humidity drops by 11 00 oclock were looking at temperatures in the low 70s. 83 right now in philadelphia but take a look to the west. Temperatures only in the 50s omaha. 30s right now in rapid city and they are dealing with snowfall. So coming up, well talk about some dramatic temperature changes as well as preview the weekend and some of it could be a little unsettled. Iain and
Mistake that put the dangerous mixture in so many little hands. And signs of hate painted on a local store. The openers painful childhood experience is making this even harder to see. We begin with developing story. New video of a brutal attack. Good evening, im lucy noland. Im iain page. The individual was shot just before local park ranger was assaulted. Fox 29s Chris Oconnell has more on that. The attack happened last month but a new video surfaced on instagram shows the moment before a park rain jr. Was beaten in center citys love park. You can see and decide for yourself if the ranger was to fight for just defending himse himself. The video of park Ranger Aaron Williams at times is hard to watch. The seven year city worker getting beaten and then video taped in a violent attack in love park. Police have charged 19 year old Curtis Tanner from pottstown with aggravated assault and other crimes. Oh, wow. Reporter we were the first to show Aaron Williams a different video that surface