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Good afternoon. We are expecting an update from the governor on our heat wave and energy concerns. First, lets get right to mary lee. Yes, i am still tracking thunderstorms with numerous lightning strikes on High Definition doppler. So, zooming in, catching heavy downpours as well as the lightning strikes arf cloverdal you can see several lightning strikes up near willis. With those thunderstorms pushing through. Even though the red flag warning has expired, there is still a very high fire danger due to the lightning strikes as well as how dry everything is. We will continue with all of these ...

Lightning sparked fires. Cal fire at this point has not yet given any specific information on the size or the containment of the fires. Evacuations are underway due to fires along Hennessy Ridge road. As we get more information, we will bring it to you. All of this is happening as a heat wave continues in the bay area. Governor newsom will give an update on the states response to the heat wave as well as the covid pandemic. He signed a proclamation to free up Energy Capacity and reduce the need for Service Disruptions which we saw through the weekend. We will bring you the governors News Confe...

7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this session and well have to see if this continues . Yesterdays high is around 3,500. Coming up, well ta...

When you get Companies Like jp morgan, wells fargo up 2 , 3 . I pose this question back to liz ann sonders. Talk to me about the health of the consumer. I know that they dont like the extra low rates. , auto loans,s credit card rates at zero, to the banks then get some hope that they could lend to what is a healthy consumer . Liz ann they can still land. The question is the sustainability of the health of the consumer. There were great fears that we inld see a big rolling over consumption. The is probably because of savings cushion. That was maybe not quite accurate given what happened with th...

Bk says if you want to know where the market is headed, Pay Attention to this one chart. Your chart of the week, a mystery as well. To quote the song, weve got a long way to go and a short time to get there. Lets start with the biggest of the big, the big apple no were not talking about new york city, all due respect, frank were talking about the worlds Biggest Company getting even bigger today apple shares rallying more than 5 apples move adding nearly 104 billion to its market cap. Thats equal to, get this, an entire citi group, two kraft heinz and roughly two chipotles. Do you want to be pa...