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Good jobs number, decent ism bob pisani has more. We are starting to break the new narrative out there that were going to have a slowdown in 2020. Remember, the recession narrative have gone away, worries of three, four, five months ago, no more. Gdp is 1 to 2 now economic numbers are starting to suggest maybe the slowdown narrative is not a good narrative any more were taking the edge off the slowdown narrative thats why things are moving up. We not only have a strong jobs market, markedly strong revisions people werent anticipating then weak manufacturing. But new orders were generally good still 49, above expectations thats what youre looking for, new orders stock market is a discounting mechanism for future stream of earnings represented by the new orders ism not getting worse, thats the key. Heres what you need to think about. What will it take to move the market higher, another 5 to 10 . Three things very important. First off, see bond yields move up more. Good sign of modest ref ....
Needle for investors were going to talk about weworks embattled ipo plans and play the long game, thats the white houses message for wall street on china trade stocks pointed to a muted open today. Apple is set to unveil the latest new Iphone Models and other product updates today, features on the phones might include upgraded processors, new camera functionality, the event will take place at the headquarters in california, beginning at 1 00 p. M. Eastern time jim, talking about what else we might hear about, content, some shows rolling out in the coming days i think they have some exciting tv. I want to see trailers i think people are underestimating what they have been working on. I would love to hear more credit card i think that it is too early i do think anyone with the watch, the iterations are getting very exciting. The watch sales, youll hear incredible numbers, i believe. Service revenue very strong. Not sure exactly what ....
Several mornings but even colder this morning. We have a freeze warning in the bay area. A lot of below freezing temperatures in the area. 42 in pacifica. Freeze warning is in areas away from the coast. The coast has a frost advisory. You want to protect pets, plants an pipes. And pipes. Sunny today. Same as all week. Sunshine by the afternoon but it is a spare the air through the weekend. And you can use mass transit. Thats the way to go. Right now, bart is on time. Lets look at the eastshore freeway. Heres 80 right at ashby and you can see traffic doing fine in both directions. No accidents on this stretch toward the bay bridge toll plaza we have just a few cars backing up in the cash lanes. Fastrak in the green 10 minutes into San Francisco connecting with 101. 680, highway 4 and 580, between205 and 680, no delays. Well check some of your Holiday Travel tips coming up. It i ....