dan nathan will have the answers. and well liked, facebook shares have surged 17% in 2013, and do you see more upside? scott nations gets social. we start right now. >>> from the heart of new york times square, i'm melissa lee, and the rally is showing signs of fatigue with the financials ahead of the earnings. and is this the calm before the storm? we will get into the money and find out. dan, the question is here as we do look at the five-year highs, do we look like we are setting up for a fall? >> we could. here is the thing that we got through some events that had not a whole lot of a heck to do with the corporate earn inings and t is one of the big factors to drive the stock prices, and we had a great rally out of the gate gates. toond s&p is up, and the vix is melting, and when we look at the future curve, it is bid up, and when you look at march, it is 17.5 or so, so it is implying we will get the bigger moves before, and es ppecially as we t through the earnings season and the debt ceiling so you have to be ca

rethink possible. >> dan: are americans being cheated?bc news has a report on wave of alleged frauds bigger in scale than what bernie madoff pulled off. dozens of chinese companies that have gone belly-up. the story from chief correspondent brian ross. >> as one chinese company after another managed to get listed on nasdaq and new york stock exchange, al smith and his wife saw it as a safe way to get in on china's huge economic boom. >> you think there is some kind of stamp of approval when once they come on the exchanges. >> necessity ended up losing much of their retirement money, $60,000 when they invested in a chinese coal company. it turned out it had no coal mine. >> i'm not a big guy or rich guy. it's tough for us. >> u.s. authorities say his money and many other americans ended up in the pockets of coal company boss, a chinese version of bernie madoff. all part of what an investigation found is a wave of suspected fraud by some 70 chinese companies once listed on u.s. stock exchanges. >> many cases we have already filed is brazenn

dan, bianna. >> he's so young.ected like a grandfatherly figure. >> a lot of people didn't even believe that he was actually a judge, so now they know. >> very cool story, and cold justice, keep that in mind if i make it to hollywood someday. >> i cannot believe i'm about to say what i'm about to say, but we do have big news in the hunt for bigfoot. >> that's right. some say there is new evidence and if seeing isn't believing, maybe your ears will convince you -- or not. abc's john muller is here with the story. good morning, john. >> on the edge of his seat all morning. >> wondering how you got this assignment. >> strange, mysterious sounds have been coming out of a swampy area in the oregon's blue mountains famous for bigfoot sightings. is this a bigfoot hearing? we'll let you decide. he is the elusive hairy legend of bigfoot back in the headlines. but grainy video or sightings, this time something brand new. audio. bigfoot speaks. listen. listen again. the high-pitch shrieks and bass roars come from a swampy are

. >> dan: that is good tip. the entire west coast is getting hit with the same blast of cold tonight. take a look at the video of the conditions in the sierra. this is interstate 80 near truckee where drivers were required to carry chains and use them on highway 50. the mountains of southern california are still getting snow. this is video taken of interstate 5. it was closed this morning because of snow. it's closed again now because of a weather-related accident. here is a look at the snow that has been following on the seattle, washington area. classes why delayed at some schools but wasn't enough moisture to generate any more snow there than this. >> carolyn: we are learning much more tonight about the disturbing past of a convicted killer accused of murdering his own mother. he was freed decades ago something he even questioned. laura? >> reporter: i'm standing in front of the home where this mother's body was found yesterday. vallejo police told us they have had this man on their radar for about ten years

dan? >> i have a big miss for u.s. secretary ken salazar ordered a little company drake's oyster out of the national park, so there would be no humans there, would be turned into a wilderness. the problem is that drapes bay are the suppliers of oyster, and no alternative suppliers, and california is coming apart at the seams. >> paul: remember, if you have your own hit or miss, please send it to us at jer@foxnews.com and be sure to follow us on twitter at jer on fnc. that's it for this week's show, and thanks to my panel >> on fox news watch. reelected speaker of the house bone bone. congress approved a deal to avert the fiscal cliff. will the media actul what it does. no spending cuts until later. the house of representative delays the vote to give more reloaf to victims of super storm sandy and causing a reaction almost as violent as the storm itself. >> last night politics was placed before the serving of our citizens it was disgusting to watch. >> did nbc's meet the press host take the anti-gun agenda too fall. the

and dan posts his trades on twitter.facebook, stay posted on the trades throughout the week at facebook.com/options action. coming up next, the final call in a shocking video that you will not want to miss. >> what's your best option? following us on twitter. get trade updates, breaking news and analysis. see what we see in realtime. follow us on twitter at cnbc options. get more options action with our newsletter. delivered directly to your inbox. packed with exclusive information and analysis, this is the extra edge you need. it's free when you register, or visit the member center at cnbc.com. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to th

dan? >> i have a big miss for u.s. secretary ken salazar ordered a little company drake's oyster out of the national park, so there would be no humans there, would be turned into a wilderness. the problem is that drapes bay are the suppliers of oyster, and no alternative suppliers, and california is coming apart at the seams. >> paul: remember, if you have your own hit or miss, please send it to us at jer@foxnews.com and be sure to follow us on twitter at jer on fnc. that's it for this week's show, and thanks to my panel and hope to see you all here next week. . >> on fox news watch. >> so if you've come here to see your name up in the lights or to pass off a political victory as some accomplishments, you've come to the wrong place. the door is right behind you. >> jon: reelected speaker of the house boehner with a message to the new congress. congress approves a compromise deal to avert the fiscal cliff for now. did the media tell what you it does? taxes raised on most wage earners right now, but no spending cuts till

there was just a lot of chaos. >> dan fractures his tailbone but he's able to walk. betsy's leg is broken in three places, and she's in excruciating pain. >> my foot was completely dislocated from my lower leg, and if it wasn't for skin, i would have lost my foot. the pain was pretty incredible. >> dan is ecstatic to see betsy alive, but he fears that another wave could hit at any moment. >> i'm telling the doctors get her off the beach, get her off the beach. i don't know how many times i repeated it, get her off the beach. >> it was survival at that point and i just needed to get to safety. >> paramedics put betsy on a gurney and are able to carry her away. with relative calm restored, the mavericks competition goes on as planned. >> there's some broken legs and broken boards, broken spirits, but the contest rolls on. >> and tyler finally gets the show he's been waiting for. >> i had never seen waves like that before, and to see these tiny, tiny people dropping in on just giant waves a half mile offshore was amazing. >> betsy forman is still a surfing enthusiast bu

of the china money report dan collins welcome back to the kaiser report. thanks max good to be back all right dan collins economist magazine says the u.s. china relations well defined global politics and twenty thirteen where do you think the relations are going hair well yeah i saw that piece. pretty much agree with that but i think go subplot to the piece that was really out china japan turns over two thousand and thirteen two thousand and twelve we saw massive changes here in china you know not far from where i live here earlier was a panasonic factory burned down and of thousands of chinese hit the street although not on a second dan hold on a second what he said that a panasonic factory was burned down i don't see that the news what's going on there . oh max you haven't checked out of china motor report or are boarded up. yeah the battery was burned down here in studio a little suburb of shanghai here little slaughter twelve million people. there's a japanese three year the entire japanese restaurant store all of the windows broken oh i mean it was re

dan, walk us through the trade. >> that's a great point. you really want to make sure you line this up properly. when the stock was about 31.25 today, i looked out to april. i want to give this thing a little time to play out. the stock is at 31.25, the ipo is 38. a lot of people own it on the ipo price. i looked at the april 35-38 spread. against your long stock, you buy one of the april 35 calls at $1.20 and sell two of the april 38 calls at 60 cents each. that's $1.20. you're not overlaying any additional risk to the stock that you have. the stock goes up or down. you're going to make the gains. like melissa said, you're capped at 38. between 35 and 38, that call spread can be worth up to $3.00. above 38, your stock is called away, but you take in $3.00 in gains. you've effectively sold the stock at $41. that's up 30% from here. a lot of investors would be happy about that. >> oh, yeah. >> i chose the 38 strike because i think there's going to be serious resistance there. there will be a lot of sellers who will be very happy to be back a

bianna, dan?that movie getting a lot of headlines over the past few weeks. >>> all right, time for a check of the weather and back over to ginger zee. hey, ginger. >> good morning, guys. on the east coast not only will record warmth be the story but fog will create problems, less than a half mile in philadelphia. traveling by road or by air, i'd check ahead. because from the carolinas up to maine, we have fog advisorieadv. a live shot. you can hardly see anything. almost nothing, this runway behind there. i would imagine some of the airports are going to have issues on the east coast, the cold, back in parts of the south and west is going to begin moderating toward midweek. phoenix will see a high today of 48, 50s into tuesday. salt lake city will moderate from 10 today to 26 on tuesday. i'll fly you across the nation, a little ice and some storms in the center here from tennessee through parts of alabama but other than that it's just all that warmth in the east. that's the big picture. >> so agai

dan, we start with you.s, anyone else feel like this blackberry 10 rim thing reminds them of palm last year, pop before the epic fail? >> yeah, no doubt. this is one where i think people got involved in the stock because they thought it was an easy opportunity to take the short interest here and really run with a low name at the time when this date was announced last year. and really kind of run the shorts a little bit. but at the end of the day, i think this phone is going to be a massive failure. i think the company will be broken up and i think there's probably some decent assets there. but in the mid teens, you have to be careful. >> okay, we have one here for mike khouw from brian. bought the herbalife march 40s outright for $3 and now i'm sitting on a double. >> under 24, no, definitely not. i think there's a lot of smoke in this stock, but the valuation argument is going to keep dragging buyers in. i think we're probably range bound on this thing for several months. i'm probably a better strangle sell

bianna and dan.earch is on for the al qaeda leader behind that four-day hostage standoff in algeria. the algerian army ended the crisis at the gas facility saturday. seven of the ten americans got out. at least one was killed and the fate of two others is unknown. 23 hostages in all were killed. >>> more fallout this morning from lance armstrong's doping confession, a texas company that ensured performance bonuses for three of his tour de france victory plans to sue the disgraced cyclist for $12 million. the company had settled a previous suit paying him back in 2005 after arguing he was not a clean rider. >>> and the nhl, the hockey season is finally under way, it started on saturday. four months late because of a lockout. the stanley cup champion los angeles kings raised their banner to the rafters with the help of the family of ana marquez-greene, a victim of the sandy hook massacre in newtown, connecticut. l.a., however, lost to chicago. the blackhawks, i believe is the team there. >>> and finall

carolyn, dan?ank you. >> jimmy kimmle live starts in a few minutes. >> his guests are sophia vergara from "modern family" george lois and bruno mars. >> california was $25 billion in debt. $25 billion in debt two years ago. now we will be $1 billion in the black. it is a huge achievement for or governor jerry brown. apparently you can get a lot done if you are to the walking around saying i'll be back all the time. >>> that is this edition of abc7 news. i'm dan ashley. >> i'm carolyn johnson. for all of us here, thanks for joining us. >> and have a great weekend. we appreciate your time. alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. as part of a heart healthy diet. that's true.

carolyn, dan?you. >> jimmy kimmle live starts in a few minutes. >> his guests are sophia vergara from "modern family" george lois and bruno mars. >> california was $25 billion in debt. $25 billion in debt two years ago. now we will be $1 billion in the black. it is a huge achievement for or governor jerry brown. apparently you can get a lot done if you are to the walking around saying i'll be back all the time. of that is this ed of abc7 news. i'm dan ashley. >> i'm carolyn johnson. for all of us here, thanks for joining us. >> and have a great weekend. we appreciate your time. good morning! wow. want to start the day with something heart healthy and delicious? you're a talking bee... honey nut cheerios has whole grain oats that can help lower cholesterol. and it tastes good? sure does! right... ♪ wow. delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? be happy. be healthy. today on a special episode of live big

for tonight's long liberal rumble are judson phillips attorney and founder of tea party nation and dan bongino conservative commentator and former u.s. senate candidate from the state of maryland thanks for joining me guys thank you both heard my rant. and here's wayne la pierre talking about the god given right to guns. president obama who wants to redefine free to live the way freedom and infringe upon the freedoms that we the people reserved for our selfs. their god given freedoms they belong to us in the united states of america as our birthright no government gave them to us and no government can ever take them away. you know i musta missed that book in the bible i've read it cover to cover four times but somehow i never read the book away now where the burning bush you know you have the right to have firearms with multiple you know large high capacity ammunition clips i don't know dan what am i missing here i frankly i'm being tired of told by men prone to human error what i need and don't i am a law abiding patriotic american who loves my country i think i have some credibility

dan is very clever.ed an iphone app and it lets the audience interact with the music as it plays. it's like witchcraft, so stay up to see that. make sure to watch us next week. our guests will include hugh jackman, samuel l. jackson, jenna fischer, the entire cast of "jersey shore" will be here, and music from two chains. our first guest tonight, five nights a week on late night tv, and heard five mornings a week on the radio, child laborers in taiwan get more time off than he does, the tireless host of "last call" and "the voice", please welcome carson daly. [ cheers and applause ] >> it's good to see you. thank you for booking me. i feel like that's the only chance i get to see you. >> jimmy: we don't see each other much because you have 12 jobs is really why. >> well, yes. well, i need them. but i haven't actually seen you since you got back from brooklyn and i wanted to tell you how awesome that week was. >> jimmy: oh, thanks. it was great. it was a very exciting week, as you know. >> how was it inte

. >> con 257 votos a favor 167 e contra , dan el visto bueno a la ley conplan que poen aumento de impuestosás de 400 mil y parejas de más de 450 mil combinados . >> el presidente barack obama dijo que los acuerdos con los presupuestos prueban de camino a seguir para el país . >> no fue proceso simple . >> dio un poco más a los republicanos y aceptaron subir a quienes ganan más en el país . >> con esta ley se evito el aabismo fiscal,la clase media se salvo por otro lado evitaron recortes y beneficios como de desempleo . >> además, beneficios como el american 5 años más hasta el 2018 . >>qque es un crédito que da contribuyentes con niños menores . >> pero no todos están satisfechos con la legislación . >> [hablando inglés] . >> el congresista en pantalla, expreso que no lograron con su obligacion de ley balanceada con ajuste de impuestos y también recortes a los gastos dijo . >> la ley permite que no se haga recortes a doctores que atienden pacientes con madicare . >> con temas de economía la ciudad de san francisco tiene el salario mínimo más alto , llego a 10 dólares con 55 centavos por hor

dan? bianna? >> thank you. >> so many hours. >> must have drank a lot to get alcohol poisoning. >>> now, to a major public health issue in america, the flu. it is spreading like crazy this season. new numbers from the centers for disease control shows that 41 states is showing widespread outbreak. that's up from 31 states 2 weeks ago. our medical contributor dr. jennifer ashton is here to tell us about that. >> good morning, guys. >> good morning. can you help me? >> i think you need to go home right after you're finished with the show, bianna. we don't have answers. we don't know why the flu this year is so bad. we don't know how bad it will get. what we do know is that the cases of influenza or flu-like illness are picking up speed. they're gaining momentum. we do expect them to get worse before it gets better. and these are particularly bad strains this year, making people incredibly sick. >> even people who have had flu shots? >> yeah. listen, the flu vaccine is not 100% effective. it varies b

former romney campaign adviser dan seymour and dan clemens will be here for a debate. >>> first, a look ahead at the president's schedule. at 1:05 today is the official announcement of hagel and brennan. you're watching "daily rundown" on msnbc. i was overweight my whole life. i obsessed about my weight my whole life. and then, weight watchers. i amazed myself. get used to it. introducing the new weight watchers 360 program. join for free and expect amazing. because it works. join for free and expect amazing. so if ydead battery,t tire, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> supporters of chuck hagel as defense secretary point to his record of decorated vietnam veteran and a two-term senator. but will his rhetoric o

dan?ck schifrin, thank you. >> bianna, over to you. >> terrifying week. >>> we'll turn now to the countdown to president obama's second inauguration. tomorrow hundreds of thousands of people will watch the president take the oath of office on the steps of the capitol but today he'll be sworn in officially at a private ceremony in the white house and david kerley joins us from washington. good morning to you, david. >> reporter: good morning, bianna. washington's already filling up with visitors to see him take the oath and actually have a little fun and party. ♪ yeah >> reporter: for some lucky kids, the party started last night. ♪ yeah, yeah >> reporter: the kids' inaugural balance had some of the kids from "glee" and katy perry. ♪ you make me feel like >> reporter: later today as mandated on january 20th the president will take the oath before noon. but that will be in the white house. then tomorrow on the steps of the capitol -- >> i barack hussein obama -- >> reporter: -- on martin lut

. >> i'm dan ashley. tonight san francisco police are investigating an allegation of sexual assault involving crabtree. police say the incident happened last sunday morning in a san francisco hotel. he has not been detained or arrested. crabtree is said to be cooperating with police. he joined the team on the trip to atlanta for sunday's nfc championship game, and that's where abc7 news sports reporter mike shumann is live tonight. shu, what bad timing for this bombshell. >> well, dan, there is never good timing for a situation like this. the 49ers arrived 11:15 eastern standard time at the ritz carlton in downtown atlanta. crabtree was on the first bus. he was in the second row. he stood up and then sat back down as about 10 or 15 other players and 49er personnel got off the bus almost trying to distract us. they were trying to make it tough for us to shoot anybody getting off the bus. and then michael walked off the bus. you can see he was escorted by a personnel security man in the red baseball cap. he

dan?important to emphasize it is not too late to get the shot, john, thanks for your report this morning. >>> now to allegations of hypocrisy and absurdity as the recovery from super storm becomes a political football. they'll vote on relief money but politicians from the northeast are outraged that republicans want to give them much less than they're asking for. abc's david kerley is at the white house this morning. >> reporter: not so fast is what some republicans are saying so for the third time we'll hear heated words from northeast lawmakers when this comes up in the house of representatives. >> so bad. >> reporter: 2 1/2 months and the victims of sandy and their representatives have had enough. >> they have suffered long enough. they need to hear from their government. >> reporter: they are helping, but in chunks. congress passed more than $9 billion if aid a week ago. but the states and the president have asked for another $50 billion. instead the house plan calls for just $17 billi

. >> and dan soder has a fan site too. >> peter mcneilly and dan soder should have been friends. >> it is the unofficial site. >> the sadness is that he is a lone blogger on it. >> he is a contributor. >> maybe he can use a pseudonym. >> he did a nice right hook though. >> imogen, here is what i don't get. hillary does this thing where she says what difference does it make? it is our job to manage out

dan says yes. he's got a trade that can make seven times your money in one week. he'll show you how. >>> hang up on nokia, shares of the cell phone maker have been on fire. a flashing warning sign. we'll tell you what it is and how you can make money. >>> and why are all those traders betting on jetblue calls? the action begins right now. in the heart of the new york's times square, i'm melissa lee. if you checked your portfolio, do it now. strong earnings pushed the dow and s&p 500 to five-year highs. will the good times last? let's find out. dan, it will be a big week for the markets and big week for technology and apple. >> technology is really interesting. as a whole it's trading well and trading like some of the better acting sectors of the s&p approaching five year highs. when you think about the action today, what we saw today, financials continue to run on very good earnings. we saw some industrial stocks well off their 52 highs reacting well to the chinese gdp number. to me there's a really interesting set-up as we approach next week's tech earnings that

dan? bianna? >> all right.t gutman, our thanks to you. >>> and espn's jeremy schaap was the only reporter to sit down with manti te'o and speak with him exclusively. you spent 2 1/2 hours with manti. this was an audio interview. can you tell us what his demeanor was like? >> i have to say, i was very impressed. throughout our interview, he was very composed, collected. he never hesitated. he answered every question i asked. we were in there, i think you said, 150 minutes. by 1 count back at our office, he was asked more than 300 questions in that time. he never demurred. >> you sat with him for 2 1/2 hours. did you walk away with the impression that he was part of this hoax? or he was purely the victim of the hoax? >> he convinced me that he was not party to this hoax. people will have to make their own judgments, once they read a lot of material from the interview that we're posting online and presenting on shows today on espn. but you know, there were certainly occasions on which he admitted to misleading rep

>> dan where will you be this weekend?i will be at mcgwire's in bohemia new york on friday and saturday. >> where is bohemia? >> long island. >> mike? >> a bunch of stuff coming up, i will post-it on twitter at mcmoynihan. >> sounds thrilling. >> if you are not that excited about it, why should america be? sometimes i wonder. this segment is lame. >> we should change it up. how about something called one more thing? >> that would be a great idea. >> maybe i will do banned

. >> i'm dan ashley. tonight san francisco police are investigating an allegation of sexual assault involving crabtree. police say the incident happened last sunday morning in a san francisco hotel. he has not been detained or arrested. crabtree is said to be cooperating with police. he joined the team on the trip to atlanta for sunday's nfc championship game, and that's where abc7 news sports reporter mike shumann is live tonight. shu, what bad timing for this bombshell. >> well, dan, there is never good timing for a situation like this. the 49ers arrived 11:15 eastern standard time at the ritz carlton in downtown atlanta. crabtree was on the first bus. he was in the second row. he stood up and then sat back down as about 10 or 15 other players and 49er personnel got off the bus almost trying to distract us. they were trying to make it tough for us to shoot anybody getting off the bus. and then michael walked off the bus. you can see he was escorted by a personnel security man in the red baseball cap. he

much more from dan roan all weekend long. the big game monday night. can't wait for the kickoff. >> so dan and the guys are going to be working hard down in florida? >> they've been producing a lot of packages, lot of pieces. on the air. no golf. i deny it! >> very good, rich. that's going to do it for us this saturday night in chicago the i'm report jordan. >> and i'm jackie bange. thanks for watching. see you tomorrow and have a good night, everyone.

abc's dan kloeffler is on the story. good morning. >> reporter: good morning to you, dan. well, on any given saturday night, you can bet that malls across the country are packed with teens getting a little breathing room from their parents. but at one shopping mall in baton rouge, that favorite teenage hangout quickly turned from a place of escape to a place of mass hysteria. a typical saturday night at the mall of louisiana quickly turned into this, mass chaos. shoppers jamming escalators, running for the doors. mall employees being ordered to abandon their cash registers and get out. the mall was under evacuation after a flash mob turned ugly. >> i think that there was some sort of post on social media about a flash mob planned for tonight which drew such a large group of juveniles. >> reporter: from that online call for a flash mob, about 200 teens swarmed the second floor food court. what happened next, sheriff's deputies are still trying to piece together, but at some point a fight broke out forcing mall security to clear out the property. confused, frightened and bei

so whatever happened to the kumbaya moment, dan? >> well, as you suggest, this is an older and wiser president then we saw four years ago. i mean, i had the feeling when you think back to the first inaugural address, he said things that he had to say. partly because of the campaign he ran and partly because of the condition of the country. and i thought in this inaugural address he said things he really wanted to say. he wanted to talk about a vision for the country that i think came much more directly from inside of him. and he has accepted the reality that this is a divided country. he came into office i think thinking he might be able to through force of personality and leadership transcend some of those differences. and it's been clear he's not been able to do that for a variety of reasons. i think he approaches the second term with that in mind. so what he did was he talked about the america he believes we are and that he would like us to be. and basically said to people, here's where i would like to go. let's see if we can do

>> this is what happens when you have politicians who never think about growth, as dan was saying. i think the way they should respond to it is a larger economy needs more revenue for the government and more jobs for people and more prosperity and a happier society, and-- >> what about training and energy tax for lower income taxes, dan? >> i think that's probably, they'll do something like that. a carbon tax, i would think maybe in return for lowering payroll taxes. >> you're saying the democrats will propose this or-- >> carbon taxes are extremely unpopular politically and remember, bill clinton's 1990 btu tax and some said he lost the house in 1994 because of that. >> when we come back, president obama unfettered from his new national security team, to his pick of jack lew as treasury secretary. what the president's cabinet makeover says about his plan for the next four years. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats.

kron-4's dan kerman is live on the scene. with what we know. dan?we can see about three blocks down the that is the 1700 block of seminary there are a lot of information that is not confirmed. it is an officer involved in shooting. there are several suspects with high-powered weapons. oakland police are awakening to the area looking for those suspects at this time. as far as victims? we do not have as mannumber of victims. oakland police are-aware-and scouring the area looking for suspects these three blocks for and right now, we are at the 2002 hundred block of seminary. >> pam: let me ask you, dan. our police going door to door? for the police going door-to-door >> reporter: we are just three blocks away and if they are doing that it is not the sum and that i can see from this location of. it is very possible. not something-that i can see from this location but we are prevented from getting any closer. >> pam: dan, thank you and of course traffic is impacted because of that add this to operate scott rates. >> i have been speaking to and neighbors.