Can expect reset sounds like a big one its going to be a big one in fact we havent seen a midwinter storm like this in the bay area in quite a while weve had a few weeks storms making its way into the bay area, but this one is pretty typical for this time of year. So lets take a look at our satellite and radar from earlier tonight, very dry conditions. But now we are noticing some more light bands of rain just off the coast going to make its way inland. But this isnt even the storm that im tracking the one that is going to pack quite a punch during the overnight hours and for your thursday morning commute is right now over eureka so its just arriving into the golden state and its going to make its way into the bay area during the overnight hours and its going to wreak havoc for your thursday morning commute so the highest rain totals expected for those of you in the north bay specifically our local hills and mountains upwards of 3 inches of rain or less for the rest of us in the bay ar
Good thursday morning im Carl Quintanilla with jon fortt and Morgan Brennan dow, s p, and nasdaq at highs. Well be watching for dow 29k here names like facebook awfully close to an alltime high, fall bet, apple, microsoft going back to their ipos. We could use yoosome insight fr you today, bob whats behind this rally why is it so powerful . Is the street behind in their numbers . We think coming out of twooi2019 the nasdaq was up about 39 . But we were coming off an artificial dip, so maybe look from october 1th to the end of 2019, that dip is more like 15 . Strong year, dont get me wrong, but not as anomalous as some would think. A goyear stack basis, how have we done, up about 30 , growth rate of about 15 . Once again strong, but not anomalous. You mean in line with historical patterns. Exactly right you think about the impact of the averages from apple, facebo facebook, microsoft, of that 35 growth theyre about 15 points of it. Pull them out, it would be a 20 growth again great, str
Seen bond yields go higher and feel some gains within the financial world. We will get to that in a minute. As you look at the major averages, we are seeing gains across the board. The nasdaq is particular, bouncing off its 50 day moving average, are getting close to it. And the highs of the session here are up 1. 26 . But this is outpacing even the nasdaq, and small caps have regained their recent momentum, now at 1. 6 . But take a look at the bloomberg here. Chart i have been watching since the election because small caps came out so strong postelection, and now they are bouncing, this is a ratio of the russell 2002 the s p 500. They have both been bouncing to some degree or outperforming since the beginning of june. After the financials, to get back there to them, this is trading at its highest in three months. We have the second round of the stress test coming out after the close of trading, and following that we will hear about these Companies Capital return plans, whether they ha
Seen bond yields go higher and feel some gains within the financial world. We will get to that in a minute. As you look at the major averages, we are seeing gains across the board. The nasdaq is particular, bouncing off its 50 day moving average, are getting close to it. And the highs of the session here are up 1. 26 . But this is outpacing even the nasdaq, and small caps have regained their recent momentum, now at 1. 6 . But take a look at the bloomberg here. Chart i have been watching since the election because small caps came out so strong postelection, and now they are bouncing, this is a ratio of the russell 2002 the s p 500. They have both been bouncing to some degree or outperforming since the beginning of june. After the financials, to get back there to them, this is trading at its highest in three months. We have the second round of the stress test coming out after the close of trading, and following that we will hear about these Companies Capital return plans, whether they ha
Seen bond yields go higher and feel some gains within the financial world. We will get to that in a minute. As you look at the major averages, we are seeing gains across the board. The nasdaq is particular, bouncing off its 50 day moving average, are getting close to it. And the highs of the session here are up 1. 26 . But this is outpacing even the nasdaq, and small caps have regained their recent momentum, now at 1. 6 . But take a look at the bloomberg here. Chart i have been watching since the election because small caps came out so strong postelection, and now they are bouncing, this is a ratio of the russell 2002 the s p 500. They have both been bouncing to some degree or outperforming since the beginning of june. After the financials, to get back there to them, this is trading at its highest in three months. We have the second round of the stress test coming out after the close of trading, and following that we will hear about these Companies Capital return plans, whether they ha