With the fresh calendar of course comes renewal and resolutions. While we cant help you fulfill your promises to work out more and lose that five or ten pounds, we can help you get your finances in shape by shedding light on what may happen in the coming months. And we begin, as we often do, with the markets. Stocks are coming off a powerful yearend rally. But there are questions now about how much gas is left in the markets tank. Bob pisani takes a look at what may shape equities in the year ahead. Reporter stock rally, oil rally. Everyones bullish right now. But thats going to get tougher in 2017. Heres three predictions. First, the stock rally will continue but will hit major headwinds. The s p 500 will hit a series of historic highs again within Donald Trumps first 100 days but that will be it. The problem . Market participants are anticipating higher revenues and earnings due to tax cuts and fiscal stimulus but reality wont match those high expectations. Second, the oil rally will
All on the go. You can even download from your x1 dvr and watch it offline. Only xfinity gives you more to stream to any screen. Download the xfinity tv app today. When i have an asthma attack. I feel like a fish with no water. Learn how to prevent your childs next asthma attack. Because even one attack is one too many. Live where you live. This is abc7 news. Now at 11 00 an accuweather alert. Live doppler 7 is tracking the strong storm closing in. Yet to rate a storm four until this weekend. Large limbs come down. And possible flooding and landslides. Not a good day to be out. As the bay area braces for the worst, abc7 is where you live. Thanks for joining us. Im ama daetz. And im in for dan ashley. The brunt of the storm is hours away. This is an just app tieser to the storm coming. Right rain. Into the north bay, light showers around santa rosa, napa, petaluma, to the south reports of light sfrinkles around anjose and palo alto, impressive line of moisture aimed right at us. Going t
All on the go. You can even download from your x1 dvr and watch it offline. Only xfinity gives you more to stream to any screen. Download the xfinity tv app today. When i have an asthma attack. I feel like a fish with no water. Learn how to prevent your childs next asthma attack. Because even one attack is one too many. Live where you live. This is abc7 news. Now at 11 00 an accuweather alert. Live doppler 7 is tracking the strong storm closing in. Yet to rate a storm four until this weekend. Large limbs come down. And possible flooding and landslides. Not a good day to be out. As the bay area braces for the worst, abc7 is where you live. Thanks for joining us. Im ama daetz. And im in for dan ashley. The brunt of the storm is hours away. This is an just app tieser to the storm coming. Right rain. Into the north bay, light showers around santa rosa, napa, petaluma, to the south reports of light sfrinkles around anjose and palo alto, impressive line of moisture aimed right at us. Going t
The storm coming. Right rain. Into the north bay, light showers around santa rosa, napa, petaluma, to the south reports of light sfrinkles around anjose and palo alto, impressive line of moisture aimed right at us. Going to be Long Duration event next 48 hours. Its for that fact that storm impact this system gets a four. Major storm. First time weve had a four since we created this scale for abc7 two years ago. So the concerns we have over the weekend, a lot of rain in a short amount of time. Stream and creek flooding is high. Debris flows. Hydroplaning is almost certain and wind also an issue with power outages. Keeping an eye on it and time it out over the weekend in the full forecast. The Santa Cruz Mountains expected to get the most rain. Already saturated and vulnerable to storm damage. Katie is live with how the residents are getting ready. Reporter talked about Santa Cruz Office of Emergency Services tonight and tell me the Emergency Operations center will be active tomorrow at
Shocked wall street initially taking the market lower. Were live for fast money specials ten Year Anniversary week. We could not have better guests. Well talk about trumpts exhibits. And he torched buzz feed for publishing what he called fake news. And tom freston and shane smith will tell us what it means to media coy companies. And banks kick off earnings on friday and Howard Lutnick will tell us why the run is just starting. Were close to the original fast gang. We start off with a wimd day in the markets. The dow like an ekg reacting to every word trump said in his first News Conference as the president elect. Gou mentioning to end the day up nearly 100 while the nasdaq closed at another record. But it was those comments about the drug industry that really hit the markets. Pfizer, bristolmyers and Johnson Johnson all falling. And biotech stocks taking it on the chin. The Group Falling 3 . Until today, biotech are were the best performing groups. Are they suddenly a no touch . And w