Now. Power lunch starts now thanks welcome to power lunch broadcasting from a secure and undisclosed location the nasdaq on pace for its first negative week since june lets go to bob for more on the marks. Bob. Choppy trading but very narrow trading range bio tech sb flat energy, oil has been hugging 40 for a month now. Were down today but up overall in the week. Banks are down but up on the week and had a pretty good week. Amazon down about 8 this week one of the worst week its had in a long time all the damage in netflix has opinion today. The problem is when you have megagabe kaplerture ecagabe kacm players. Thats a head and shoulders, folks round trip the same situation with netflix, really netflix was 500 a couple of weeks ago. It goes to 580 and then its back down to below 500 thats another semi head and shoulders. We keep trying to get over 3230. Were just keep knocking on the doorp that guys have a good weekend. The same to you the Trump Administration is ramping up its rhetori
Still some arent complying. So the county says its time to take action. This is the scene at a clayton starbucks today where a worker says a covidrelated case closed the store to close temporarily for a deep cleaning. As Contra Costa County deals with a spike in covid19 cases county leaders say enough is enough. We have been in this since march 16th. By my count, thats four months tomorrow and you should know that this is serious and we need everyone to cooperate. Reporter county supervisor Karen Mitchoff said its time to step things off businesses are Wearing Masks or practicing social distancing so the board is considering passing an ordinance that will allow county staff to start writing tickets. We feel a citation, a ticket, will do the trick. You know . 100 fine, 200 fine. We are not looking to put businesses out of the order. We want them to continue but they have to continue in a safe manner. I think that writing the tickets to the people that arent complying, if that helps us g
Me80and low 90s. Zooming in here to Castro Valley, right around eden canyon road. We have a crash in the middle of the roadway. A motorcycle reportedly hit a our wideranging temperatures and staying cool near the coast. Wooden pallet. Mike, you were keeping an eye on also slowing in your typical the trivalley. Commute spot. Back to you. Anything else popping up . Thanks, mike. We have three spots. New for you this morning, new lets quickly get to the bay bridge toll plaza where we take concerns for the Oakland Police a live look. Department which may see its budget take a big hit within the next couple of years. A disabled vehicle reported but today in the bays bob redell live for us this morning. No bridge crew to check it out. Bob, this comes after a city lets move on to where we council vote just last night. Circled it on the map. Monitoring again. Not a problem for the cash lanes reporter correct. A unanimous vote last night, marcus. The Oakland City Council decided getting out of
Approaching bay shore boulevard you could wear a halloween starts at 9 00 our time. Mask. High 20 to 30 percentile. Where the traffic jam is. Hmm. You know, thats interesting. I dont know what i would go as. It has all but your left lanes blocked and thats been there for almost an hour. Something with a face covering. Theranos ceo elizabeth theyre hoping to have that i dont know. Cleared in the next 15. Youre not supposed to dress they voted down reallocating right now 280 or bay shore boulevard are good options for up. You show up wearing a jason another 3. 4 million. Holmes, judge has set a new they decided to slash 15 you. In the east bay the eastbound mask. And that would scare a lot of deadline for prosecutors to people. Million from the opd budget. Respond to a new defense motion i would do my part in helping that pandemicrelated changes to out. This new task force is supposed the jury Selection Process 580, seeing Speed Sensors improve though there are reports to present its fin
Hour of trade, barry knapp back. Certainly the tone feels better. Do you think its fundamental with the trade tensions or some month end rebalancing stuff . I suspect theres a bit of month end rebalancing going on i think its too early to tell whether the Macro Economic fallout from the latest negative Business Confidence shock has what degree of effect its had next weeks ism on tuesday, payrolls on friday, will be much more important bempl marks to see whether were over the hump sort to speak on this i tend to be cautious and not chase the move today. On the big stories that we are watching today, kayla has the story. Josh lipton is tracking tariff concerns for apple kayla . The hope began when chinese officials said there was some Effective Communication of the two countries and it continued this morning when President Trump said in a radio interview theres a conversation scheduled today. I have talked scheduled theres a talk scheduled for today at a different level and yeah, they ha