Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks ive been through the banks and i know dave and i talk about this all the time, they are incredibly complex beasts, they are not like, oh, tesla, hot and when i first went over them i thought they looked pretty good but already theyre reversing. This is not an uncommon pattern as people find one line or two line that they dont like and then they sell these stocks. David, its happening once again. You know that these banks could have had littered with bad loans, its not, they have great trading, the
First tonight at nine oclock a fox 10 news first tonight at nine first tonight at 9 00. A fox 10 news alert out of chandler where a busy intersection just reopened after a crash. Were looking at arizona and warner road headon with another car and third car was in that wreck. A total of 10 people, including a little girl. She was thrown from the car. It is unclear if she was wearing a seat belt. She is at phoenix Childrens Hospital in Critical Condition. Investigators are looking into whether the driver who caused the collision was impaired at the time of the later on fox 10 news at 10 00. A scary day for one valley morning. She tried to be a Good Samaritan but she was beaten and robbed who she thought the group of people was stalled on the freeway. Reporter the incident hand around 3 00 this morning in the southbound lanes around the loop 101 and the interchange. A woman in her 20s was drivin ho f over to help this group of people. We will respond whether it is a stranded motorist or f
Headon with another car and third car was in that wreck. A total of 10 people, including a little girl. She was thrown from the car. It is unclear if she was wearing a seat belt. She is at phoenix Childrens Hospital in Critical Condition. Investigators are looking into whether the driver who caused the collision was impaired at the time of the crash. Well hav later on fox 10 news at 10 00. A scary day for one valley morning. She tried to be a Good Samaritan but she was beaten and robbed who she thought the group of people was stalled on the freeway. Reporter the incident hand around 3 00 this morning in the southbound lanes around the loop 101 and the interchange. Home from work when she pulled over to help this group of people. We will respond whether it is a stranded motorist or for whatever remember, you see the need, make the phone call and well respond. Reporter Police Warning drivers after they say a woman who pulled over to help a stalled car was robbed around 3 00 this morning.
People call turkeys stupid, they are smart. Emus are so stupid. Reporter why are they so stupid . They have the brain the size of a pea. Reporter the birds, although his business, are also his babies. After being reunited, we took pictures to remember the moment. Eddie adding he is thankful to be together again. Reporter what is this birds fate . Im going to keep the two biggest ones for breeders and the others i will sell for thanksgiving. Reporter keep making pretty ones. Bigger, black ones, yeah. Reporter eddie has invited me down to his farm for thanksgiving preparation. So this is not goodbye. It is just to see you in november. Marcy jones, fox 10 news. Thank you, marcy. An update on a story that we brought you last night. Died in a crash on grand avenue. A 70yearold man named franklin martin. He was a passenger in a car that hit a power pole after it was sideswiped. The driver suffered lifethreatening injuries. Impairment and speed does not appear to be an issue. Federal prosecut
Im talking about the pellmell rush to judgment we undergo every day when we forget how positive the vast across the board decline in Commodity Prices is for our country. Something that will be overlooked again today with the dow sinking and the dow is backsiding although lets set the stage. We have had to endure horrendous bouts of commodity inflation. Its one of the most insidiously destructive economic forces in the market. When you get bottlenecks because of supply tightening and rapidly rising Commodity Prices because of demand acceleration. The reverberation of that particular kind of inflation the pinnacle pin action of it creates a very treacherous stock market. When its the reverse though with Commodity Prices spiraling down and down big as they are now, that gives you a benign market. A positive one, less by a host of earnings disappointments, coupled with Interest Rate hikes to break that kind of inflation that can slay any bull even a rager like this one. Its so many people