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KPIX KPIX 5 News Sun Morn Edition July 13, 2024

Tuesday, lets zoom into the north bay where there is a significant ban. Navado getting showers, concord. Further to the east of that some stronger storms, as well. That is going to move onshore bringing with it more rain. In the south bay, were beginning to see quite a bit of precipitation there, as well. They kind of didnt get as much as other parts of the bay area yesterday. That will change as the storm starts to track further and further south over the next seven days. As for our Current Conditions in San Francisco, some sprinkles out there, but for the most part pretty good. They are not low lying clouds. They are a little bit higher. 60degrees in concord. 52 livermore. Santa rosa 51. Were much warmer than yesterday thanks to that cloudcover. Take a look. From 7 to 16 degrees warmer than we woke up to yesterday. However, that is going to continue into the next several ....

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CNBC Closing Bell July 13, 2024

Concerns over software and tech stocks lower weve been up, down, all around for the markets today. As we stand, though, with 59 minutes, were higher on the dow, lower on the s p. Joining us for the full hour, from capital usa, keith, good afternoon to you. Thank you, wilf. Earnings been Strong Enough so far or have they been resoundingly strong this week . Theyve been strong so far. I think the markets have been less than vigorous, shall we say, the last couple of months i think well enter a period less vigorous than it was before thats going to be a key component for how we evaluate the economy and market Going Forward. Lets check in on the markets. S p 500 down by about 0. 1 and the dow higher by four points so far. Retail sales, and eamon javers has the latest on trade lets start with wilf on the banks. Bank of america reported this morning. They continue to feed from yester ....

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CNBC Squawk Alley July 14, 2024

Better its very difficult to have an opinion on the market. Tremendous market confusion. I called people the last few days and they said, bob, give me an opinion are we going to have troops in hong kong or not going to have troops in hong kong . Is there going to be progress on the trade talks or not going to be progress on the trade talks just by the end of the year, is the fed going to aggressively cut rates or is the fed not going to aggressively cut rates . And most importantly, bob, can you tell us if the Global Economy will stabilize by the end of the year or not stabilize . This is a lot to model for aflt lot of these growth ml that people have, bond yields are one of the most important components its a difficult situation the one thing that makes me a little optimistic is the bull argument, bob, separate the manufacturing economy from the consumer economy and today we had reports from two of the
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CNBC Closing Bell July 14, 2024

Data out this morning was up slightly joining us for the entire hour is from ariel investments, pushing back against the earnings theme youre feeling good . Id say im better than the market is feeling. I think the market is looking for soft earnings, maybe 3 decline in earnings. Were hoping that we might get a positive number, but not as bad as the markets think lets drill down on all of the big stories. Lets start with you, bob. All three major indices at new highs. And let me show you, a nice group of Retail Stocks hitting new highs. Walmart, home depot, dow tjx, autozone. A small group of Consumer Staples breaking out to new highs. Proctor and gamble, colgate, starbucks a 52 week high for them the Payment Systems, mastercard, visa, visa the biggest gainer of the year up 36 . They have been on fire recently. Finally o ....

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CNBC Fast Money July 14, 2024

Sachs. Weve got tech giants, and microsoft, plus dough laggard united health. Do you trade or fade these names going into the Earnings Report we thought wed kick off monday strong with a game of trade it or fade it. Monday, right out of the bat. Right out of the gate netflix, guy adami, trade it or fade it . Trade it, see that, you thought i was going to quiver. I think weve been steadfast on this my concern prior to the last couple of days, heres a stock thats gone from 250 to 380 in a straight line. The selloff the last couple of days has me somewhat encouraged. People are taking profits into the quarter. I think its wrong i think their International Net adds will continue to dominate and impress people all the competition talk two or three years away, the Stranger Things which ive never seen, apparently everybody ....

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