Thats how i feel about this incredibly strong year and the uber bullish reaction, dow gaining another 56 points, s p up and nasdaq. Theres just not enough supply, stock to meet the demand from buyers who had to radically switch orientation to deal with a much more positive backdrop. And thats been very good for the averages and your portfolio. Whenever anybody talks about stock shortage, automatically greet them with a little skepticism there are always bankers ready to pump out stock to meet demand but its not a wholesale shortage of stocks but stocks that fit the program meaning belonging to companies that are high domestic taxpayers and got a big boost to their earnings recent performance of amazon not doing well versus walmart, on fire two largest retailers out there. Walmart, effective tax rate of 32 , soon to be cut to 21 consistently buying back stock for he years amazon has higher but dont pay much in taxes because dont have much in earnings, spending to win and aggressive issu
And you can see theres a line of showers, this is all ahead of an approaching frontal boundary that is going to continue driving to the east today. And by later this afternoon we will start to see the development of some showers and perhaps a thunderstorm and any storm that forms could produce drenching downpours in this humid air mass. As we take a look at temperatures this morning 79 degrees in philadelphia already. 71, a little better in allentown, 76 in reading, 74 in trenton. Down the shore middle 70s on the boardwalks early and once again today, we are expecting dewpoints to be up around the 70degree mark so it does feel oppressive out there once again. As we go through the day. Heading out the door to catch the bus or just get the car started 76 by 6 oclock, 81 by 8 oclock, warm and humid to begin and through the day its going to be another one of those fairly cooking humid days. 81 degrees by 8 oclock, 85 by noon. And by 3 oclock 89 degrees. That is going to be your high today
Skies. As you grab that car door handle or maybe as you head to the bus stop. As we roll through the afternoon it is going to be a warm one. Were going for that high of 89 degrees at 3 oclock. And as we go in through the afternoon look for a gusty thunderstorm but more importantly those drenching downpours. Not everybody sees them but if you do you want to slow it down because they could produce quick rising water on poor drainage area roadways. Matt pelman the end of this humid pattern is ahead in the accuweather 7day. Details coming up. David i would not like to be doing Road Construction in this heat and humidity but the crews were out and about lots of them overnight. One of the crews was blocking the ramp from the northbound side of 95 to the westbound side of the vine street expressway. As you can see, that ramp is reopened now and ready for you. Same with the vine itself over by the schuylkill. All the crews have cleared out in both directions. They will return tonight at 11 ocl
And delaware. Dewpoint is at 70 or better and that is what we call oppressive humidity. As we roll through the day its going to be a warm one. By 8 oclock, already in the 80s. By noon, 85. And theres your high at 3 oclock, 89 degrees. Again the afternoon particularly later we go through the day could feature some drenching downpours from some showers and thunderstorms, perhaps a gusty thunderstorm or two as well. Not everybody sees this stuff but those that do will want to take cover and slow it down if youre on the roads because flooded Road Condition cos happen in a hurry with some of these downpours. Matt pelman, what about roads this morning . Dry so far. Thats usually good. Yes we appreciate that, thank you very much. That helps with the start of the wednesday morning ride, david. Were looking live at the ben franklin bridge and once again this morning were talking about the patco construction thats taking out the westbound right lane. If you know traffic moving in that right lane
Says he could have many more victim. Shawnette wilson is at the fbi building in center city. Shawnette, a lot of parents have never ever heard of this. Reporter its very interesting and dangerous lucy. Investigators say that this man created profiles disguising himself as a young boy trying to attract teenaged girls. He used older social media sites like my space which were popular when this investigation began back in 2009. But the warning to parents tonight is that this very same thing can happen on any social media site that is popular today today. He was not going to stop and he was set on sharing my picture with whoever he could to ruin my reputation. Ass Ashley Reynolds now 20 years old recalls a traumatic and haunting experience. She had what she was just 14. It started in 2009 as an online conversation. With who she believed to be a 15yearold boy. I just remember getting this message that the subject line said something about naked pictures and that he has of me. It turns out a