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Alltime high. As you can see, it closed in the red. The dow squandering a 360 gain to close down more than 100 points tesla announcing a five for one stock split. Leading todays tech losses amd, apple, microsoft, amazon all falling more than 2 guy, what is your take on this big turnaround i would have thought Something Like this would have happened weeks ago i think the reversal is interesting. Well see if it holds up tomorrow to your earlier point, i mean you saw a pretty significant reversal right around an alltime high in the s p 500 if theres one thing i would attribute it to, dont discount the fact i think its actually pretty important, the news out of the big ten cancelling their football season. Thats pretty remarkable if you think about how meaningful it is to those schools and the local economies. I think that was part of it today and i think the other part of it is the stocks have been on such a ridiculous run, it was ju ....
It gets hotter for tomorrow. But speaking of that spare thers alert, we have unhealthy air quality for sensitive groups for the east bay and for the santa clara valley. Lets check in with gianna and with the spare the air alert good idea to take mass transit. Absolutely. Sfg on time with mass transit. So if you want to skip the roadways, you can use bart, muni, ace, cal train. Sferg on time. Freeways not the case a couple snags out there right now we will get a live look at the bay bridge. Traffic is backed up. Metering lights are on. Slow and go out of the maze so that morning drive is in full swing. Starting to see brake lights off the east shore freeway. Bay area bridges starting to load up now. Heres a live look at the san mateo bridge. Brake lights as well westbound away from the toll plaza heading towards foster city 808 area. North or southbound along the pi nines larks traffic so far sogood. Richmond san rafael bridge. 808 better news. We have had brake lights significant beyon ....
Trade figures for june came may be table i think. Stableizing. Unlike the temperature expected to reach 40 degrees celsius, i cannot they the trade numbers are heating up in china, but we have stabilized. Exports rose for the First Time Since june. Exporters to think some tax breaks through the Second Quarter getting some tax rates to this can quarter to help things along. The economy is at acted to have grown at. 8 are sent x. 8 are sent. Gdp numbers are out midweek. Imports also improved significantly last month. That might be a more important gauge. It indicates domestic demand. The government authorities tried tos demand late growth. Amy lake growth. To stimulate growth. It is much better than the 17. 5 plunge we saw in may. The Consensus Forecast was for 56 when 7 billion. Do these numbers give us an indicatio ....
Dow, were watching the president who is expected to hop on air force one at any minute now. He will be leaving orlando where he spent the last few hours at Catholic School speaking to parents and tehe. On social media, focusg on something entirely different altogether. The president engaged in allout twitter war with the most powerful democrat in the nation. Senator Chuck Schumer who is trading jabs with the president about his ties and his administrations connections with russia. Lieutenant colonel ralph peters has a warning about this, that this russian roulette could undermine the nations security. Hes with us live. And open the door this minute. Senator rand paul accusing his fellow congressman of hiding the replacement for obamacare behind that closed door. At the capitol. Whats in it . What was behind the door in the nations governors actually might be the ones who know ....
It is currently below where it is trading now . Well, it is affecting the direction of the market that wanted to point higher. When it relate s s to apple wit sitting at 89. 80, and make the short trade and go against the big Balance Sheet . I am not sure it is something that you want to do, and if you believe it is the right move, you have to hope it is getting to 80 and not going to be buying back the stocks. And on the longer term basis, i believe in apple and the story and the the vision and the ecosystem. The question then becomes is it the moment to buy it, and obviously, given the tape today, it is not. So what do you do right here . If you dont own it, you get a box of popcorn and watch what is going on like a good movie, but if you own it, dont double down and panic. And josh, if you dont own it, shouldnt you buy it at 89 and change . Well, it is a question of the time frame, and you have a not so good year this year. But ....