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Get helicopters and air tankers above the fire in the next couple of hours to fight the flames. Powerful winds have been a problem in the bay area. And you may have noticed. It happened at my house too. Branches and entire trees falling on cars and houses. Tree Service Companies have been busy removing limbs from roofs. And healthy trees can be knocked out if rain is followed by strong winds. There are no reports of serious injuries. Theres a high wind warning in effect in the north bay and also in the hes bay hills, including the altamont pass. Its 6 01 now. And we want to get a look at the weather. Were talking about the winds. They have died down considerably. And that advisory for the hills has been allowed to expire early. Thats also good news there. In socal not so good. The red flag warning continues. Lets touch on that first. The red flag warning very widespread from V ....
Bitcoin is also said to be in a bubble. The price has gone up 20 fold. Betty forget about the equity markets and bond markets, which is going to be focused on bitcoin, right . That is the big distraction for traders right now. Bitcoin futures are for the first time trading on the cboe global index them a big milestone for the financial markets. I dont see a whole lot of movement at this point. Be an appears perhaps to opening price, but i cant confirm that right now. We are watching as these traits start coming in. , brokersthe traders are saying dont expect huge movements. This may be a slow burn coming thewhere we finally for first time, have these derivatives traded on bitcoin. Yvonne it could be a welcome slow burn given the volatility in bitcoin for much of this year. Levoss mentioned, the wink twins banking on this, they are saying it could have 24 growth in the future. Morehat it has become mainstream, it could provide perhaps more stability in cryptocurrency. On the other hand, ....
Position as we head until then until the end of the year. Correlations breaking down as we continue to see the Broader Market gain. The dow and s p, because they closed at records yesterday, gaining again. That means they are records once again in todays session. Lets take a look at the various components of the s p 500 to get a better picture of what is going on. We have Information Technology here it down, free from the bottom. That is one of the reasons the nasdaq is lacking. Telecom, financials, real estate are gaining. It isnot as clear not as though cyclical are lacking and defensives are gaining or vice a versa. It seems as though it is sector and stocks. Utilities are up, declining the most in the s p 500. You will get into that later in our sector spider report to one group we are seeing clear movement is within the mall owners. Moll real state investor trust ....
Tom what an interesting 24 hours. Francine i just had a great exclusive interview with luke johnson. The problem is that is all about immigration and sovereignty if you are the brexit side so we may have people deciding in the booth basically to vote brexit. Tom a lot to talk about in the coming hours and some good guests. That there is other stuff going on in the world. I believe chair yellen may have something to say today. Francine we have to look at the dot plots with Michael Mckee. When a to see exactly what the underlying strength and that is but we need to get to the bloomberg first word news. Vote, two days before the the battle over whether the u. K. Will remain in the European Union is too close to call. A new poll has the leave campaign in front meanwhile a survey from or be has remain holding a 53 to 46 advantage. Police in brussels have arrested a suspect after a ....
Nicole volatility continues in the asian markets, the nikkei sinking 1. 4 overnight, the shanghai composite index edging lower. Lauren big lives in oil behind the stock market volatility, oil prices shooting up 8 over the past three days. Now they are getting back 4. 16 a barrel. Nicole the latest to report disappointing results getting crushed in the free market, down 17 , jcpenney reports later this morning. Nicole apple makes a 1 billion investment in chinas version of uber as alphabet passes apple as the most valuable company in the world. Nicole mark sucker berg finally responding to accusations of a liberal bias in facebooks trending topics section. We will have his response. Lauren the Oklahoma City thunder eliminates the San Antonio Spurs and the nhl playoffs the San Jose Sharks got past the nashville predator ....