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Number came in soft enough to illustrate that inflations finally running out of steam so when the c pichlt came in around 3 way down from where it was before we all cheered. Many people bought stocks. Everything was fine, right wrong. That rally was a totally revolting development. Sure enough the averages spent the rest of the session selling off dow finishing just up 53 points while nasdaq advanced minor. A far cry from that yoef heated opening. Theres so many reasons why it was a mistake to buy stocks this morning. Because ive been spending this whole week teaching you how to avoid the kind of mistakes that make you give up on the entire stock market were going to unpack this one. Unpack it good mistake number one the vast majority of people who follow the stock market closely were predicting that the Consumer Price index would be up around 3. 3 . It was actually up 3. 2 . Take note. When most prognosticators predict 3. 3 infla ....
Why today could mark the end of cheaper gas in new jersey. Did you realize it is national s and m day . Social media. Social media day. Social and media . Social media day, right . Okay. You want to see a big hole . Why not . Whats better than looking at giant hole in the morning . This is a sinkhole, liver shot, skyfox, flew all the way up there. Bulldozer inside that hole. Thats how you know it is a big hole. It is so big. How big is it . It is so big, bob, that a back hoe fits into it. It is not funny. Well, i that is front hoe. It can be little funny. No one was hurt thank goodness. Thats abington drive in we owe missing. That would be berks county, right, dave war never. Thats right. So theyll probably be out for awhile. You know, it is a good day, Beautiful Day to fill in a giant hole. A lot of filler for that hole. Where do you get that filler . That dirt . The back hoe. You dont think they have that at like home depo or som ....
Nice summer day this afternoon. Once we get going. It will get rid of the fog. Afternoon highs looking good. Well still be topping out in the mid 80s for inland locations from fairfield to concord. Livermore, you will be at 85. San jose up to 83 degrees. Closer to the inner bay. 60s at the koesz line. Even cooler for the next couple of days. Well talk about that full forecast in a bit. Mike is getting you to work on time. Good morning, mike. Unusual closure in the east bay. We often have overnight road crews but over here they completely closed onramps just off of the dumbarton bridge between newark boulevard and 880. It will affect you getting on the nimitz freeway. Niles up there just farther up the area. That is scheduled to clear before 5 00. Meanwhi meanwhile, this was clearing. That sensor has cleared to green now flowing south of there to milpitas. Well, new this morning, authorities in oakland investigating a late night shooting near lake merritt. It happened at about 10 30 at ....