The committee will come to order. I want to thank the c ha the committee will come to order. I would like to thank chair glandular say it to come back from boats and thank you for making yourself available. We now will recognize the gentleman from new york for five minutes. Thank you mister chairman. Thank you so much for being here. I also share the Cybersecurity Infrastructure in the homeland committee. And congress places an Important Role in harmonization so there is no freedom of regulation. We had a hearing, including one from ppi, that their cybersecurity employee spent anywhere focusing on compliance matters instead of daytoday emission. Last month, the fcc decided to release for new proposals with regulatory language on resilience for the Capital Market industry. This comes nearly a year after the fcc proposed to the rules that would require issuers to publicly disclose it within four Business Days following the determination that let me be clear, given the existing workforce
Using a stock tool that says, yes. Me list yashgs after sulissa go out on a shopping spree. But if you choose wisely, there could be some money to be made. Now using a quantitative tool looks at market action. We looked at past occurrences when the retail etf has fallen 7 or more within one month as it just has. That has happened 12 times since 2009. Now no clear signal for the xrt itself about half the time it continues to lose ground. But we did find some good individual stocks. Now as for macys, nordstrom and jcpenney, they only post rebound gains of 67 of the time. But when they do rebound, theyre good for 2 and 3 average returns sprerespectivel. There are special i dty and dist names. The names are more reliable bouncing back one week after the xrt loses p 7 or more within one month. So look for names like tjx and ross stores. Head over to cnbc pro for more on other parts of the Consumer Sector that tend to bounce back. All right. Thank you for the data dive. Lets get to bob pisan
Summertime. You have the lowest end of year target of the big firms on the street. Why . I do. Yeah. We have been pretty bullish for the last several years now since 2012, we have been pretty positive on the market. This is the first year where we are really seeing signs of things to worry about. Heres the framework. I feel like every time i look at updated charts theres a lot of signals that are at levels that have only happened prior to big market selloffs. For example, if you look at the distress ratio, a credit indicator we track, its at levels we havent seen without significant downside to stocks coming. When you look at percentage of companies forecasting negative earnings, thats at a level again thats never been seen without a bear market accompanying it. So lots of signals make me worry. Then on top of that, we are heading into a seasonally weak period, may to october is generally the weakest period for equity market returns and then you take that seasonal weakness, add on the
Department has every single officer from all shifts out right now looking for that 2 yearold girl that is missing. Take a look at your scene. This is the little girl that rocky mount police are searching for. That is 2yearold Nevaeh Richardson. Family members says she has been missing since midnight. She has been gone for now eight hours. Family members say the toddlers mother was visit you go afriends house when a man stole her car with nevaeh in the back seat. We do know that nevaeh was sleeping at the was in her car seat. The vehicle, the girl and the suspect have not been seen since. Nevaeh richardson is a 2year old africanamerican female. She is two feet tall and 20 pounds. She is we aring a white tshirt with a rainbow. She is wearing a White T Shirt with a rainbow. The super bowl ductor is a bald 2004 mitts pitchy endeavor with a North Carolina tag pcd9688. This suv also htz a live, laugh, love sticker on the back. If you are out and about and you have any questions about whether
This time of the year. All of that is left as just some patchy rain. Some wet roads up around roxboro. You wont run into too much of that. It is a little this morning. 67 in cary and wake forest and durham. 69 in goldsboro. 64 in roxboro. This morning, expect mid to upper 60s heading out the door. The clouds happening around for much of the day. Maybe a few breaks this afternoon. Some of the showers and storms could affect your evening at the road weather index. North of the triangle. We are not seeing any problems with wet roads in the triangle right now. Well zoom into our northwestern and Northern Region along the North Carolina and virginia border. Can you see right along roxboro, you can see some damp conditions. Also on the northern sued of granville and vance county on into the boynton area in southern virginiament could run into wet roads. We are not talking about standing water or heavy anything like that. Just allow al fur just allow a few extra minutes. It is pretty quiet ov