i expected that the beta of banks would go down.d with a substantially larger cushion, perhaps the preferred stock yields and risk premiums would go down. those weren't the patterns we observed in the data. is not mean raising capital was a bad idea. would be in a much more dangerous situations. >> there will be people that read your paper and say that this money poured into regulation, it might've been for not. you disagree with that? thehe paper says in introduction, abstract, conclusion, and several times in thatody that we believe the increases in capital ratio are desirable. in some cases, it may be desirable to increase levels of capital further. note there are lots of things that happen in the economic environment, some of them also caused by regulation that have, in a sense, reduced capital in a dynamic sense by reducing the ability to make returns, and that, of course, reduces their value. effectiveses their leverage. it makes them more volatile and less certain. >> let me pull up a chart showing beta here. this is the #356

they are fairly low beta. let's say there is trouble. by definition, utilities and telcos outperform. >> you tonight like the trade. >> he was getting at that. >> so with the semis, in the last 16, 17 months we have $125 billion worth of m & a. >> listen, when i look at the xlk we have four or five stocks, none of them growing more than a couple percent year on year. you have a crowding leek a safety trade. i don't like u.s. telco. there is a potential between now and year end to give some back. i'm risking 2.7% to make up to 10% if it is back by december expiration. >> the bottom line is carter doesn't like your trade. >> to another group of stocks. the home builder etf having the worst session since june of 2013. carter says there could be more trouble for one dow stock in particular. do tell, carter. >> we are seeing the same thing. housing stocks are yields. a lot of them are the same thing. let's single out home depot. to put the numbers in perspective i started with my percentage change on the day. these are rate and housing relate

it is not her beta. you gave me the summary of a summary of an interview. asking for a

b, uh, beta-carotene. final answer. >> i'm positive it's beta-carotene. that's right! there you go, susan. you're back on track. $5,000, two lifelines left. you're doing just fine. we'll be right back to play more "millionaire" right after this. >> $5,000! [cheers and applause] [dramatic music] ? ? >> even if you're not a millionaire, you could be treated like a caesar at caesars palace in las vegas. stay in lavish new rooms, savo culinary perfection by world famous chefs, experience unforgettable nightlife at omnia, or legendary colosseum entertainment. caesars palace, reimaging vegas for five decades. ?? is depression more than sadness? ?? it's a tangle of multiple symptoms. ?? ?? r depression. trintellix may start to untangle or help improve the multiple symptoms of depression. for me, trintellix made a difference. tell your healthcare professional right away if your depression worsens, or you have unusual changes in mood, behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. trintellix has not been studied in chil

and there are of a beta trade. like tech on steroids. >> one of the things that everybody has been looking for mab some form of growth. why? because we have weak economic growth overall. low cap x. declining earnings in the s&p. one thing they're going to do is change the facebook. which has 20, 30, 40% growth. the biggest constituent, we have essentially 100% penetration for mobile in the united states and don't have the products to fuel that kind of growth. that and microsoft probably on another big growth stock, it's a risk off scenario, then those aren't the two names they're going to chase. >> say -- bad things happen on friday. there's one of two scenarios. it's either -- >> is that your prediction? >> follow through. you get one of those, then follows through. the thing about the xlx is at&t, apple. you have microsoft. which are fairly loaded and at some point, say there's -- i mean, there's almost no instances in history. >> you don't like the trade. zpl why not pick something with more juice. >> the semis

>> well, it's a higher beta play. you think they can overcome what are still some possibly structural risks to the business. think that the safety concerns were drawn too fast, but if you look at the stock, stock is bottomed around 405. technically, it's held up well. it's gone through this period where actually, you can make an argument that the market is figuring out even what the company can't. so i wouldn't run from this stock here. it's interesting. >> are you happy? or sad? how do you feel? bill ackman getting involved. >> after some of the thipgs that have gone on the past year between herbalife and valiant, you say, okay, these guys make large, concentrated bets, don't have a huge portfolio and have gotten some of these dead wrong. to me, as an investor, i wouldn't be buying the stock here up 7%, but tim's levels are correct and it's going to take just one same store sales announcement. one uptick to get people thinking about this. >> sort of binary. uptick or a down tick. >> i suspect that the norovirus, e. c

it is not her beta. you gave me the summary of a summary of an interview. asking for a transcript because you do not have one. i am just asking for the 30 two sweater on have to read your summary. i may read the 302 differently than you. so why not? mr. herring: we have given you the relevant ones. relevant according to who? i'm telling you i do not think you have given me all the relevant 302's. mr. herring: the remainder will come out in the process. when didy: since congress have to go through this to obtain 302's from an investigation that is not even -- since when do we have to go to for you? mr. herring: we made a principal decision of what to provide. town --dy: i am out of time. with all due respect, you don't get to decide what we think it's relevant and i say that respectively. all, i think it congress should get it all. >> we know recognize the gentlewoman from new york, miss maloney. i am going to reserve my questions to the closed session but i would like to clear up the misconception. the campaign season is upon us and the accusation and the c

beta has head quarters in san francisco and one location in palo alto. >>> ahead, cracking down on a crime in the bay area. >> ground 0 for this special task force. also... >>> a piece of san francisco movie history is on the market. what it takes for you to live in the mrs. doubtfire house, ahead, on abc7 news. >>> sharing video services is common. can it they're bringing crime, when mexthey're rapists.ople... are you going to have a massive deportation force? you're going to have a deportation force. we're rounding 'em up in a very humane way, in a very nice way. we're going to build a wall. that's not america. we're all californians. i'm tom steyer. it's time to speak out. please, register. and vote. vote. nextgen california action committee is responsible for the content of this advertising. >>> all in a day's work. a look at a day in the life of a task force in the east bay targeting a common crime. >> now, one county believes it's come up with a way to >> with thousands of cars in oakland and surrounding cities it's a full time job of a task force to track down thieves and vehi

beta has head quarters in san francisco and one location in palo alto. >>> ahead, cracking down on ame in the bay area. >> ground 0 for this special task force. also... >>> a piece of san francisco movie history is on the market. what it takes for you to live the mrs. doubtfire house, ahead, on abc7 news. >>> sharing video services is common. can it >>> all in a day's work. a look at a day in the life of a task force in the east bay targeting a common crime. >> now, one county believes it's come up with a way to deal. >> with thousands of cars in oakland and surrounding cities it's a full time job of a task force to track down thieves and vehicles and oakland is ground 0. >> we showed today. >> a man wanted for violating his parole tried to escape police by running into his home in the fruit vail district and starting a fire. >> we called the fire department and oakland pd lent us a canine. >> he sold this pontiac trance yam to a 17-year-old out of san leandro. police say a auto thief specializes in gm vehicles and coveted engines. >> in a few years we have recovered, law enforcement

you've got sphb, which is the s&p high beta etf outperforming the low version. you have a bullish engulf willing candle at ibb, which is pure risk appetite going into biotechs here. the banks held in friday better than all of those "dividend plays and mobile plays." you have a lot of things beneath the surface that maybe don't make the headlines. it tells you this is the market adjusting. it is not the markets freaking out with their hair on fire. >> what happened last time when the federal reserve hiked? what happened to the market? >> the market over the next 30 days went down 20%, and then proceeded to rally throughout the remainder of the year. did you want to follow along with that trade in the 30 days? >> the question that you wanted to be in the position -- the benefit of that trade, in that -- if you were all in before the meeting -- >> what is important to understand is the -- you come out of the earnings recession in the next three to six months, the market is going to skyrocket. craig johnson 2350 is the tech market. you don't think that the fed is go

it's a low-calorie and low-carb alternative to traditional beta-carotene and other nutrients that are great for your vision. it's not quite a debate....but it's close.a look at what hillary clinton and donald trump are getting ready for tonight.... apple getting ready for a big announcement...could we see ####break#### it's someg something it's something that's never been done before - the "commander in chief forum" - airs live tonight on nbc. hillary clinton and donald trump appear back to backlive... answering questions about national security, the military and veterans. tracie potts is live from washington with the preview. clinton's still dogged by the email investigation. now the house oversight committee here wants the attorney look into whether her obstructed justice by emails days after they were asked to i'm tracie potts - back to q: and trump's allegations he made a huge reacting to q: and trump's reacting to allegations he made a huge donation to an official donation to an allegations he reacting to q: and trump's you. potts - back to you. in your morning health check - m-r

the new feature will launch as a closed beta test... but later rolls out across the 34-thousand developers that use the platform. good news for those looking to earn extra cash during the holiday season. "target" plans to hire more than 70- thousand workers. that's about the same number the retailer hired last year. target also will hire an additional 75-hundred people for its distribution facilities... which ship online orders and send products to stores. existing employees will get to choose extra holiday hours first. the company says events at all of its locations on october 14-th and 15-th. you can also apply online. we have a link to that on fox five vegas dot com. pushing a shopping cart is just too much work, right? well... it looks like walmart wants to spoil its customers with self-driving carts. the retail giant locked in a patent for a system to allow shopping carts to drive themselves. the carts will use detachable motors with sensors and video cameras. the system will even be able to round up abandoned carts back to docking

banks had become far less levered as the regulatory community says they have, we expected to have betao way down. and thatot what we saw is why we thought a certain amount of reflection on what was going on with financial regulation was appropriate. >> you see the decline in banks franchise value, how much can you attribute that to regulation versus say low interest rates? >> that is a very important question and not one we were able to provide direct evidence on in the paper. bankreading analysis of security pricing, from talking to people who were involved in the markets, i think it is difficult to escape the conclusion that both are important factors. certainly lower interest rates and flatter yield curves have had their impact but i think it is clear that whether it is the magnitude of the fines that have been levied or a variety of the business practices that have been curtailed, or diversification that has been forced, that steps have also been taken that have reduced the value of banks and by reducing their franchise value have made them more effectively levered relative to all

billings: beta is the one that needs to worry about the beating he's gonna get, not me.

so beta could win. that's not how we do things. we're supposed to let the market decide. by the same token, you may not like cars everywhere, you may not think they're a great fit with cities, but the market in its wisdom has spoken. people drive and in driving they express a market preference for driving over other modes of transportation. deal with it. all right. so there's sort of the argument. and essential to this argument is the claim that people who drive driving theoretically? sorry? charlie? >> they pay it ultimately through taxes because there's gas taxes and registration. >> gas taxes and registration fees and these costs. a lot of them in many cases, most of them end up being spent on roads and, therefore, there's a connection. when you drive you have to buy fuel. when you buy fuel you pay gas tax. when you pay gas tax you are making a market decision, the same as when you buy a certain brand of pen in the store. you are making a free decision in a marketplace. now it's actually very controv

the xlk and high beta etf, two interesting ideas.uch. >>> for more trading nation, more ideas and segments like this, go to trading nation.cnbc.com. >>> deutsche bank stock bouncing back. up 15%. the markets overall responding. they're higher as well. we're wrapping up the third quarter with what looks to be a pretty good one. more market coverage on "power lunch" right after this. >>> and now, the latest from trading nation.cnbc.com and a word from our sponsor. >> a strong dollar is often viewed as a net negative to the economy. that's not always true. while export driven companies will often struggle under a strong dollar because their products are less competitively priced abroad, consumers will benefit because imported products will be cheaper. and because the u.s. imports more than it exports, from an economic perspective, a strong dollar is an overall positive. announcer: when they test you, stand firm and move only when you hear the seatbelt click that says they're buckled in for the drive. never give up till they buckle up. >

we look at a premium of low whole versus high beta.ks ago, you reached a ratio of almost two to one, in other words, double the multiple on safe havens versus the high beta. that's almost unprecedented. it only see that one other time, in the depths of armageddon back at the lows of 2008, 2009. it's. usual and i wouldn't be surprised to see those stocks stumble quite a bit in a 5% to 7% correction. this raises the question of a rotation in the cyclicals. if you take a look of the ratio between s&p tech versus s&p utilities, tech history to outperform in the last few months. when we have a stumbling opening market like this, do we wind up seeing tech continue to outperform? you talk about the strength in the equity markets, is that a strength tied to the fundamentals in terms of earnings and topline growth? or is it tied to liquidity? and if we do begin to believe that that gets drawn down, what does it do to the strength of the marketplace? look to me -- we looking earnings a little differently than s&p 500 top-down earnings estimates,

dan obviously is interested in beta testing it. >> i love it. >>> showers and storms today. it will be a wet day for the most part with on and off showers continuing throughout the day. up across the nature coast, we're already seeing showers that have been streaming in here. nothing severe, not looking at lightning but just enough to make for a wet morning commute. not so much sunshine throughout our doorstep here. i just don't think we have enough of a push that will drive it through here. lower rain chances and lower temperatures. right along the nature coast, i think it will be about generally on the southern side of this as far as the moisture. so we'll have enough of it in the next few days to have showers and storms. i'll take a couple of morning temperatures up to the north. widening this out here, we're in the 70s in florida here, but north and west, that's we are certainly not going to tap into that here. not yet anyway, so far of the season. futurecast shows the storms on and on throughout the day. the coast is getting in on it today. it will happen there last as

beta-1 chop us build our restaurant park are 11 violations at the health inspection. mistakes include numerous codes touching their hair in soiled items that watching their hands. three buckets of ?-cent-sign solution. the water at the hand sink was not hot enough the restaurant sent the following common reading in part that are meeting regarding the steps taken order to be in compliance forget all the items immediately and there was a reinspection received zero violations on the inspection. at all this cold crush in denver our second half this week. the restaurant was serving other larimer street. opens saw it in a trailer and ordered us east and assist for the owner can prove the truck is taken to the garnishes and prepping drinks with their bare hands. no hot water and the restroom. our calls we're not returned so we stop by. inspector found roy droppings. they passed its follow-up inspection. and find me. the egg goes to be machined for no violations to inspections in a row the transform band and coffee drink since movies. different being on top of cleaning is a b

. >> but this is load with beta care teen and it's great with -- care teen it's -- care teen. it's great with olive oil>> we will have final check of the weather forecast coming up. >> when are you bringing in something? >> next on arizona midday it's football season and we have your way to make it fashionable. where to get everything from cute t's to the perfect purse to take to the game. closet for mom and kids. and we have tips how to declutter. looking for something to do we will go on a cool thing it's the urban ale trail and we are showing you how to cook with soda and watch and win this disney classic all helping next >>> canada university to waterloo accepted the youngest student ever. degree this semester taking honors level courses. hello, we are such under achievers. he says that he loves north american comedy movies and so much so that he learned to speak english watching them with indonesian subtitles. >> just by reading the subtitle and listening to what they were saying you picked up the language. >> ies os mostos. >> -- it's os moses. >> what do you expect camp

and a lot of people say, well, actually, beta was better, right? and, yet, you wouldn't then say, they should have like made vhs illegal so that beta could win because it's better. that's not how we do things in this country. we're supposed to let the market decide. and they say, by the same token you may not like cars everywhere. you may not think they are a great fit with cities. but the market in its wisdom has spoken. people drive and in driving they express a market preference for driving over other modes of transportation. deal with it. so that's sort of the argument. and essentially to this argument is the claim that people who drive pay for the costs of their driving through, you know how they pay for the cost of their driving theoretically? sorry? charlie? >> they pay it ultimately through taxes because there's gas taxes and registration. >> gas taxes and registration fees and these costs. a lot of them in many cases, most of them end up being spent on roads and, therefore, there's a connection. when you drive you have to buy fuel. when yo

and in a beta phase. drivers are told to keep their hands on the wheel and that you need to maintain control and responsibility for your vehicle while using it. >> we don't call a device autopilot if you expect people to put hands on the wheel. >> reporter: he reached out to tesla that happen in china but we have a not heard back. >>> goobers self driving cars have hit the road in pennsylvania. ford fusions feature 20 cameras a radar system a 360 degree 3-d map. uber launched the pilot program and pittsburgh today and uber engineer sits in the driver seat to take the wheel in case of an emergency. >>> what is causing smartphone batteries to catch fire? samsung claims a manufacturing flaw for the problems. we have more information on the exploding lithium ion batteries. >> reporter: missing kind of batteries power just about everything in our mobile world. after a number of devices with lithium-ion batteries caught fire they are coming under increased scrutiny. the batteries are unique cause lithium ions m

the new service is available now in beta and will roll out more widely my the end of the year. >>> samsung reportedly believes there's a fix for its galaxy note 7 smartphone. some batteries for the device have been exploding and catching fire. >> the government says it's evaluating the new battery as soon as possible. meanwhile samsung recommends owners stop using the galaxy note 7. >>> high-tech exoskeleton helped a paralyzed woman do something remarkable. miles a day to complete the course in five days and adding to the challenge she's 16 week pregnant and had to train through morning sickness. z23y6z zy6z >>> 5:23. court documents say a retired used his own sperm to impregnate eight mothers six decades ago. donald klein said he used his own sperm 50 times telling patients they had the sperm of medical residents or students. he faces two felony counts of obstruction for lying after investigation with the two of the children. he could be the father of eight people, youngest 30 years old. >>> the u.s. military fatter than ever. for pentagon shows troops it deems overweights and raising que

billings: beta is the one that needs to worry about the beating he's gonna get, not me.

that, apple mudzic is rolling out personalized play lists only for the music subscribers that are beta testing. the apple play lists are to challenge sp >> general motors settled two cases with the defective ignition switches and they are among the trials that will test the legal boundaries of the hundreds of claims against gm. >> wisn 12 news time now is 6:00. >> good morning. i'm ben wagner. >> i'm melinda davenport. right now, an alarming trend is growing in milwaukee, infants are dying >> plus, a group of wisconsin firefighters on a new mission, the physical challenge they are taking on the pay tribute to the fallen heroes from 9/11. now to forecast and the commute. matt is launching in news chopper 12. >> first to sally in the weather center. >> rowing club on the river this

the service is available in beta and will rule out by the end of the year. >> samsung believes it has a fix for the galaxy note 7 smartphone. some batteries have been exploding. >> the government says it's evaluating samsung rec mends owners some using it. >> the high tech ex-coe skeleton has helped a paralyze woman complete a half marathon. >> clair loumus completed the course in five days and she's 16 weeks pregnant and had to treat through morning enough. >> those are your "techbytes." >> have a great day. brought to you by yoplay. it's not even midnight, it's ten forty-three. well, let's have a ten forty-three snack. quietly, though. okay. yeah. mmmm. shhhh. the family favorite. yoplait. what do you call yogurt that comes in amazing flavors and packs 6 grams of protein per serving? yoplait original. ? go paperless, don't stress, girl ? ? i got the discounts that you need ? ? safe driver ? ? accident-free ? ? everybody put your flaps in the air for me ? ? go paperless, don't stress, girl ? ? i got the discounts that you need ? ? safe driver ? ? accident-free ? ? everybody put your

make purchases with any app without being directed to another site, with the service available in beta and roll out by end of the year more widely. awesome sung has a fix fore the smartphone with the batteries from the device have been exploding and catching fire. the government said it is evaluate the new battery as fast as it can and samsung recommended the owners stop using the galaxy note 7. >> and now, a paralyzed woman has been helped to do something remarkable: completing a half marathon. she managed three mile as day to complete the course in five days and adding to the challenge, she is 16 weeks pregnant and had to train through morning the family favorite. yoplait. well at least he's wearing shoes. well done champ. get gooey, flaky, happy. toaster strudel. >> signs going up in the wetlands edge park in american canyon warning of the dangers of a powerful water vortex after a dog drowned there two weeks off after being sucked into the vortex. the owner let her dog run free without knowing of the danger. warning signs are installed and pets are required to stay on leash in the

five betas are not sure how the bush caught fire. >> the fbi gets creative naming its latest serial bank robber. meet that wicked week of the west. she has hit five metro banks in the last month each time wearing a wig. tip-off authorities if you know anything about this you could get $7000. >>> tonight of families emotional plea to find the 16-year-old haley vargas. her family is speaking only to denver7 . >> tim police have still not arrested anyone in hilly step despite the fact that it happened during a house party with a lot of people around and that is frustrating to a family coming to terms with this terrible loss.>> i want them to find the person that did this to my knees. >> reporter: a family in the morning still trying to find out what happened to 16-year- ood haley vargas. that she was leaving and that she was shot in the back. >> reporter: her family did not know that the junior was going to that party after football game. she was not normally a football -- a party or. >> she was not a party or. she had been fighting through leukemia. we were happy. we were celebrating becau

-dot crews will be shutting down arapahoe road in both directions under i 25 for the next beta phase of this construction project. it is massive and the andrew's live on the scene with the closure. peek if your travel plans this weekend find her anywhere near i 25 and arapahoe road you may are closing down arapahoe road. >> even on a good day this section of arapahoe road right under i 25 is a bear to get through. >> that is marked the automotive mechanic at arapahoe conoco and auto care. >> it's a pain. >> all of the road construction is taken taking a bite out of his business. >> fewell has course bribe a maintenance bay maintenance part has been down all traffic is coming to a grinding halt starting tonight, friday at 8 p.m. is as the colorado department of transportation completes phase two of the i 25 bridge demolition. >> lane restrictions on eastbound and westbound arapahoe road will be between dayton street in greenwood plaza boulevard with foreclosure of all violating starting at 10 p.m. arapahoe road you can take this weekend. now water choices? there is orchard road to the

over winston churchill's old home michael bay is using up our new transformers movie so what is a beta and picture the guardian says a homeless transfer the headquarters of adolf hitler for the movie some british citizens are up in arms about the disrespect that it shows the prime minister is now officially falls the halloween is on a lot of people's minor reduction coming up a company decided to cash in on all the political buzz they are selling these trump and the sexy dollar child is $70 not including the hat and the wig okay okay and they're also selling a sexy hillary clinton outfit as they call it okay will include a link to this anything like this definitely do not you're going make people google it at work i can't control what you do that's just ridiculous witch and whatever else its is where the halloween has become is a net i saw someone they were selling a slew of sexy halloween costume is that they've accumulated these over the years you're a connoisseur they get was something and they stick forecast is crazy because we go from 90 degrees is a daytime high on monday to next

. >>> wells fargo has agreed to beta $185 million in fines to settle fraud cases brought by federal regulators in connection with the scandal. >>> the centers for disease control has expanded a travel warning to pregnant women because of dangers posed by the zika virus. cdc is saying and a woman postponed nonessential travel to 11 countries in southeast asia including indonesia, thailand, vietnam and the philippines. morning already cover several countries in south and central america. the zika virus is spread by in fact that mosquitoes and pregnant women are very vulnerable because the virus causes severe brain related birth defects. >>> let's check back in with sal for check on traffic. >> nothing major yet yesterday we had a tough commute so we hope to date will be better. let's go out and take a look at the tracy commute and you will see the traffic continues to look good in the tracy triangle although there is a little bit of slowing now and it is not quite as deep as it usually is on friday sentencing have a little bit of a better commute coming over the altamont and livermore looks good

for beta-blocker those numbers don't just mean she's popular they mean money. >> 25 go to mom and makeup artist for general brushes and pick up a camera. >> shoots makeup tutorials a living. >> shares uploads on youtube herself. after two years she makes enough money to be a full-time beauty blogger what she brings varies but she made $35,000 in the past five months. >> how does she do it. >> the. >> should figure of your before the youtube video does you can have an ad before your video as well i produce clear account to do that.hen google tract him he thinks you certain amount get paid. when you buy it you don't buy it it shows that people had interest in whatever it is that their advertising on your channel. >> also use social media reach out to countries may be looking to advertise with bloggers but don't forget the #. >> is easier on safer compass to find you through a # that it is when you tag them. but why should they save the company big bucks. >> it's easier to invest in a blogger that it would be to invest in a celebrity. because a celebrity obviously the going to be charging a

billings: beta is the one that needs to worry about the beating he's gonna get, not me. ohh! tauheed: the last woman standing, zoe stephenson aims to continue her trailblazing run to the title. how cool is that? tauheed: a champion will be crowned... -aah! -...tonight... ? ...on "battlebots." robots, activate. ? [ cheers and applause ] ponder: welcome to "battlebots,"

vhs beats beta in audio tapes. people would say oh, beta is better. they should not make chs illegal. we are supposed to let the market decide. they say by the same toke kn, y may not like cars everywhere and they're not a great fit but the market has spoke and people in driving the market preference over other motive of transportations, deal with it. the essential to the argument is the claim that people who drive pay for the cost of their driving through -- you know how they pay for the cost of their driving, theoretically? sorry? >> charles? >> they pay ultimately through taxes because there is gas taxes and registration fees. >> right, these costs, a lot of them and most of them end up being spent on roads and therefore, there is a connection. when you drive, you have to buy fuel, when you buy fuel, you have to pay gas taxes and you are making a market to seniors and when you buy a certain brand in the store, you are making a free decision in a marketplace. it is controversial the extent to which drivers pay for the cost of the infrastructure that

tesla said in a statement that drivers acknowledge the system is new technology and still in a public betase. drivers are told to keep their hands on the wheels and that, quote, you need to maintain control and responsibility for your vehicle while using it. >> you don't call a device autopilot if you expect people to put their hands on the wheel. >> reporter: we reached out to tesla to ask them about the accident that happened in china but so far no response. in santa monica, elsa ramon, kpix 5. >> we have seen self-driving cars but now there are self- driving tractors. they are manufactured by john deere. the tractor using gps and a specialized private radio system. it says the accuracy of each pass is less than an inch which adds up when farmers have thousands of acres. this efficiency could mean less time in the field but not necessarily good news for workers. >> for regular farm workers it will be less hours but for farm owners it will be less pay. >> the price tag is about $250,000 for the machine. farmers will also have to pay i.t. workers to set up the system. >>> ford says it will

when the business cycle rolls, when data weakens, you don't want to be in beta, and money flow knowshat. you want to be -- >> let me ask you about the put then. what was your intention? dan makes a good point, which is the fed in december. >> the whole exercise here is -- i think this is an important point. when you are short more options than you're long, those are going to tend to die kay more rapidly than the one option we're long. if the stock stays right here to thanksgiving, this trade is probably going to be up money. those two wing options will educate more. this is actually -- you may not lose if it drops within 10%. if it stays here, you also win. there are three things that can happen. two are good. those are the kinds of odds i like. >> it's not -- you're defining your risk to a certain point by selling that put, but it's not just being long the straight out premium, but have a ball. 2017 will be a facebook issue. it's going to be -- i think -- >> it's going to be trouble. facebook is in trouble. >> i think it's going to be in trouble. every single one of these names that

beta van susteren will departing fox news. something to keep an eye on as well. lower after vw agreed to buy navistar. this could be negative for cummins. 90 minutes left in the trading day here in europe. we are unchanged on the day. we've been down .1% today. we were rising for a fourth day earlier. the best run for almost a month. we are unchanged now, the highest level since january 6. a little flavor for today. , sweetening the bid for monsanto. than the previous bid. pay to be, i have to successful in the deal. it is m&a tuesday today. shares up by 5.6%, a german company, europe's biggest publicly traded health care provider commissioners rising the most in the year. it will pay almost 6 billion euros. you, 58%ard holdings sl owned by the capital partners and the company's management. the merger should result in savings of about 50 million euros a year and will be highly accreted to net income next year. euro area gdp .3%. we had a surge in exports driving growth in the second quarter. domestic spending slowed. .3 versus .5 in the previous quarter. politica

performing typically is either growth or yield because people are like, all right, i don't want to play betanymore. i think you stay long tech as an overweight and you also do it with telco and utilities. >> you don't have any other choice. >> you don't have any other choice. >> up next, final call from the options pits. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expect

. >> by law the district has to provide caliber beta school and adequate facility, so the district thoughtd to pay for the entire cost to rebuild and retrofit the school. an estimated $15 million. if caliber could buy the land for $60,000. here are the conditions of that sale. >> it is not condos or houses, it is not going to be apartment complexes. this is for a school. >> reporter: still, the proposed transactionin fury ated a number of parents and city officials. >> we're selling it at below market rate so we're doing the taxpayers a disservice by selling property at less than market rate. >> reporter: they have offered to build the school in construction codes and hire the carpenters union to do the work. union members came out to support the school. and caliber said if they go under, the property will go back to the district which will then have to assume what is left on the loan for the renovations. these latest conditions may be enough to convince the board to finally approve the project. in richmond, lyanne melendez, abc 7 news. >>> today apple introduced the long-awaiting next gen

a blurry box shot from blog cn-beta... seems to suggest lightning earpods... plus an adapter to use your old ones. rich standup.... and why are these shots always so blurry... is it because theyre always taken in a hurry? speaking of blurry... this 6 second video posted to twitter by australian reviewer sonny dickson... sent the web into a tizzy. sure looks like the new operating system.. ios 10 to me! and many sources are pointing to iphone 7... a japanese blog spotted sim card covers in five colors.. including silver, gold ... rose gold - glossy black and matte black! nats... dropping phone into water but the big question... will the next iphone be water resistant... like what samsung offers. rumors also point to new storage capacities... starting at 32 gigabytes and going up to 256 gigabytes. i will be at apples event in san francisco and have updates for you on my twitter at course, right here in the tech report. tomorrow on wake up -- a special tech report. rich demuro will join us live from san francisco to break down everything you need to know about th

it is a slow kind of rotation out of some large caps and into some higher beta names the internet backwell as small cats that have -- which have room to rally. off of its all-time highs. a less than 1% move in the s&p. david: this stock had a 98% quarter last year. we had supply chain issues there. i'm betting on gary friedman here. it is not just because of the but because ofd anybody is going to write the ship, it is because of this guy. i looking for things to turn around and a lot of analysts are as well. it is going down as the stock is tumbling from 106 2105. i'm very optimistic in this restoration hardware. , a 38ct this morning, , but i can make to 60 on the upside. it is a good role of the day. with the options market right now, it is pricing in oversight -- over 10% move. this'll work out in my favor. julie: we will watch it. david, thank you so much. coming up yet -- coming to us from the cboe. click thank you. still ahead, china'stock while slipped to the lows that let -- lowest level since 2011. $4 trillion in its june of 2014. we will explore what that means from the glob

meaning when the business cycle rolls, when data weakens, you don't want to be in beta and money flowsw that. you want to be in syncretic growth. >> let me ask about the put then. what was your intention? because dan makes a good point in terms of the fed in december. >> well, i mean, the whole exercise here is, and i think this is an important point. when you are short more options than you are long, as we are here, those are going to tend to decay more rapidly than the one option we're long. what's interesting, if the stock stays right here, to thanksgiving, this trade is probably going to be up money. those two wing options will have decayed more. this is actually -- you could whip it right. may not lose if it drops within 10% and if it stays right here you could also win. so there is basically three things that can happen. two are good. those are the kinds of odds i like. >> you're defining your risk to a certain point by selling that put, but it's not just being long the straight out premium. have a ball. i think 2017 is going to be a facebook issue. it's going to -- >> i mean --