Ring the register 24 hours ago, all i kept hearing was sell the news. The trump rally is tired. The guys too divisive. Hell never get anything done. Time to take profits. Oh, you heard it too. The bulls long in the tooth. The rotations are over. A lot of really smart guys said its time to get out. Buy the puts. Put on the shorts. Sell, sell, sell. Well, they shouldnt look all that smart today. Dow surging 303 points. S p pole vaulting 1. 37 . Nasdaq soaring 1. 35 . Hallelujah this is why i always say that group think is so dangerous. Many revered Money Managers came out in the last two months and said were doomed in part because they disdain trumps bust the budget ill informed analysis of what happens next. Thats how they put it. In fact, it got so bad that even the great Warren Buffett was taken to task for saying this markets not in a bubble. If you think its over, youre simply on the wrong side of history. Someone actually told me that buffett has become that old gas bag polyanna fr
Nearly 40 years after their First Encounter good morning from the studio 57 newsroom at cbs news headquarters in new york. Thanks for joining us. Im annemarie green. This morning, a complex weather system is threatening the east coast with widespread flash flooding and gusty winds and beach erosion and that is before another powerful storm comes into play. The storm promising hours of soaking rain and residents in flowedprone areas are urged to prepare. In new york city a travel advisory issue has been issued. It knocked down trees in western pennsylvania. Earlier the heavier rain soaked virginia at James Madison university oncampus tunnel turned into a river and floodwaters formed lakes on campus. Tropical storm joaquin is strengthening and heading west and expected to become a hurricane soon. Meteorologist eric fisher of our boston station wbz has more on all of this wet weather. The next several days the Biggest Issue is about the rainfall. Flood watches are out from North Carolina
Minutes. More rain and more rain. I will help you out because bulk has passed us by so that is the good news. I necessity there is water outside on the roadways. Lets talk about where we are. Lets look live, at the neighborhood network. Temperatures in the 70s. You can see in philadelphia 73. Seventytwo pemberton. Norristown 72. Quick look at the regional temperatures shows mount poconos 67. We have 70s from philadelphia down to atlantic city. This is what we have been dealing with. We have shifted to new york. We have sent it north. That is good news. We can see stray showers throughout the kay today but more or less, but rain is wrapping up, the bulk of it today for us. As we get in the afternoon look out for cloud and stray shower. By thursday afternoon that rain returning as this is a stalled out front, more rain and wind on friday and as we head toward weekend we will keep an eye on joaquin and the impact that could have on our weather. In other word keep umbrella handy as we have
Presence plans to ensure safety on the streets of d. C. And developing, this morning. How much did Capitol Police know, before the riot in the halls of congress . The Washington Post reporting internalCapitol Police intelligence warned that congress, itself, could be targeted. Also. Showdown. The new video of the harrowing moments just outside the senate chamber, and the heroic officer and his efforts that he took to take on those rioters. We are also learning more about that capitol mob, and how dangerously close they came to the Vice President of the United States. As we do say good morning, it is saturday, january 16th. Im kendis gibson. And im lindsey reiser. You can see, in that video, he pushed one of the rioters to agitate him, so that he would follow him, instead of going over to the senate chamber. Trying to lure them away. Just an incredible act of heroism there. We have a team of reporters following the latest right now. Nbc hill capitol correspondent, garrett haake. And a b
Ralph Lauren Co. (NYSE:RL – Get Free Report) COO Jane Nielsen sold 67,243 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $171.25, for a total transaction of $11,515,363.75. Following the sale, the chief operating officer now directly owns 44,591 shares in the […]