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With record dry fuels and vegetation. Then, adding the gusty offshore winds, this is a high concern. A red flag warning for most of the bay area highlighted in red. Looking at our Higher Elevations, gusts up to 70 Miles Per Hour. Even our lower elevations, valleys and coasts with gusts up to 40 Miles Per Hour. We have a wind advisory for most of the region due to these windy conditions. Until 11 00, the wind advisory is in effect. As we head through the afternoon, we will see plenty of sunshine and unseasonably warm temperatures. We could see some record breaking highs. Mid60s along the coast. Low to mid 70s inland this afternoon. I will show you futurecast as we take you through the day and when this high fire danger will decrease across the bay area. I will have details on that coming up in a few minutes. It is a bu ....
Well be on and bridge you all of the bring you all of the big headlines. First the november to remember dow surging towards best month since january 1987 s p and nasdaq handing in best work since april energy up more than 25 percent financials up more than 17 percent. Small caps, best month ever. Bulls werent hiding, check this out, each of the past four monday he got big vaccine news before the market open and look at diminishing returns, the market fell despite moderna requesting emergency use of its vaccine. So weve been talking talking black or white or red and green in terms of diminishing returns. I took that economic class my freshman year and learned all about diminishing returns which is why i often invoke it here, i think so, absolutely tell you something, the vix is telling another story. I thought a day like today, monthend i thought the vix would close closer to 25 but here it is closing lower on the day, maybe its a function of that specific security, but ill tell you giv ....
Nasdaq declined. 82 there is only one thought. Good, they all got a chance to buy. Not long ago on days like this we say oh boy, i got to get out of here while it is getting good who knows what it is going to happen with this thing it is going to roll over now we often see pull backs like this as opportunities that are too precious to swander. How do we explain the new mindset . I think because we broken the tyranny of the indexers. When the fed says something positive or when we get solid employment number. Either way, we were in the throw to these big macro events. They control everything. Not anymore. These days macro does not matter very much. And etf buyers have stopped reacting to this stuff instead they react to the opportunity so when stocks come down, these people step up and actually start buying, make it much harder to have a hideous selloff you know what there is nothing new about this less lock steps opportunity mindset. This was the old new normal of the index funds 20 ye ....