richard ross picks up the story. >> we received the radio call for an auto accident at 9th avenue and when they got there they saw a car that crashed into the wall they summoned assistance to get the male out of car and that male appeared incoherent and they got him out of car and the male started to fight with the officers that male got back into the vehicle a maroon car and he actually struck three of the officers with his car. >> then what happens is that man then apparently exited the area, the man in the burgundy car and flees and reappears and police try to subdue him again a police officer on foot had hands on car and trying to communicate but is he not stopping at that point, but a police source tells us they shoot at the car and the driver leaves again the area, there is a pursuit and he has finally located the burgundy car are located in the 1900 block of colonial that driver was struck in the chest we are told and taken to einstein hospital and we do not have a condition on him. police are here at stenton avenue. always at this stage of the investigation there is a bit of c

richard ross is the managing director and head of technical analysis. rich, good to see you. why is now the perfect time to buy? >> well one day and one percent. not the crash of 1987. there's a lot to be constructive about. that makes a healthy market environment. let's go to the chart and keep it simple. i am going to break down the s and p and 500. the trend remains in tact here. the purple line here we continue to hold that 150 day moving average. we tested it on three separate occasions and each time we moved higher. here is some concern. we have a false break above that 21/ 2120. it was not a desissive break to have that width of exhaustion. it's only another one and a half percent from here. long term you see a one way take and the purple line here. this is the 50 week average. this is held for over two and a half years and tested it on three accept ritdseparate occasions. it's once gain two percent down from here and suggest that the primary trend is in tact for every six year social security not in tact. i am a buyer and roughly speaking and there's certain sectors a

along with deputy commissioner richard ross. just quickly getting information together before they talk to us. and we expect to get the first briefings. this occurred about two hours ago here amtrak train with 248 passengers on board and five crew members from what we understand. there are reports of serious injuries on board. there have been reports unconfirmed of some fatalities but again that has not been confirmed by anyone here at the scene at this point. we're about tohe briefing as far as removing individuals from the trains. we've seen several bus loads of individuals being removed on septa buses and they'll be taken to the hospital from what i understand to be looked at and talked to by medical personnel to make sure they're okay. again very chaotic scene here tonight. this unfolded. here in the port richmond section off the wheatsheaf here. the ntsb we're told now has sent what they call a go team to philadelphia they'll be here overnight. >> all right. i'm going to give you very preliminary information. every speaker

philadelphia police deputy commissioner richard ross was the key note speaker.grats to them. >> we continue our coverage of the train derailment in health check tonight. dozens of survivors of the train accident are still battling physical wounds and many will likely also face psychological issues as well. >> that's right. health reporter and wretch in other words nurse ali gorman joins us with more on that. hi ali. >> hi guys. when you look at the images and hear the stories it's hard to imagine how passengers on that train are feeling and what's going on in their minds. a psychiatrist i spoke with explains the symptoms many are dealing with days after the accident. remnants of tuesday night's deadly train derailment are now being cleared from the scene. but the psychological effects for many survivors will likely linger. dr. mehta a psychiatrist with sign stein's center for comprehensive treatment says typically after a traumatic event people are in shock or disbelief the first few days but by day three symptoms of acute stress disorder can set in. >> they mig

>> reporter: iain, we have police commissioner charles ramsay depth pew tie richard ross give us a quickate right here. >> all right. stand by. stand by one second. commissioner just called away for second. hold and he will be right back with to us give us an update. stay with the commissioner. stand by. i think we're waiting for the mayor right now iain. we just -- let me update you while we wait. two septa buses loaded with about i would say 50 passengers from the train. 25 on each you saw the one gentleman at the back of that bus covered in blood on a white shirt. appeared to be okay. everybody on board was drinking water. i saw folks making cell phone calls texting people things like that i'm sure to tell their loved ones they're okay. >> right. >> that kind of situation. we're waiting for the mayor to get here right now. but we have again commissioner ramsay deputy commissioner ross and the mayor expected to talk to us any second now. again work septa bus loads full of passengers from the train who obviously were able to move get off the train with the help of emergency personnel an

three months after the valentine's day murder of richard schoek. >> lynitra ross. >> aware of the chargeseggie coleman. stacy schoek were arrested and charged with murder. but then -- >> i told stacy, we can fipt thisfipt -- can fight this. >> the surprise was coming check that. surprises. more than one. stacy had aster sterory to tell. >> coming up -- for frz. >> is there ever an excuse for >> reporter: three months after stacy schoek found her husband's body perforated body at belton bridge park. she and alleged confederates were under arrest for murder. just crazy. didn't make sense. a mother of three. cub scout leader. surely she would come up with a defense when she met with her attorney, max hirsch. but no. that's not what happened. far from it. >> she laid it all out. she didn't hesitate. she didn't minimize. she told me exactly what the plan was. >> reporter: the plan for murder. her lawyer no surprise had his own plan. i told stacy i know how we will defend this case. she looked me straight in the eye and without hesitation and said no. the gig is up. i did this. what i did was w

just down below me is police commissioner ramsey and deputy commissioner richard ross.updates. thank you for your patience. as we indicated last night and this will probably be a standard operating procedure for some time. there is preliminary information. this is an ongoing investigation. there's some things we know. there are many things we do not knowtist know at this time and we will not speculate on any of those things as you all know. let me introduce you to a few of our partner who is are here with us now. as i mentioned to you earlier this morning we were anticipating the arrival of the national transportation safety board. their members are on the ground now and board member robert zumwell and vice chairperson denzar. for amtrak board chairman anthony koshi. amtrak d.j. of operations stabler. on the ntsb side approximately seven on the ground with more personnel coming. represented in the form of investigator in charge that would be mike flanigan. mechanical investigator signal investigator, track investigator operations investigator and human performance inves

ross and niko kovig. representing the united kingdom is major general richard and mr.ran mr. john mayor. [ applause ] ladies and gentlemen, please stand for the playing of "taps." ♪ ♪ >> ladies and gentlemen, please be seated. at this time, we'll be playing the service songs. if you're a veteran or presently serving in our armed forces, please stand when you hear your service song is played. ladies and gentlemen, the armed forces medley. ♪ >> the united states coast guard. ♪ ♪ >> the united states marine corps. ♪ ♪ >> the united states army. ♪ the united states navy. ♪ ♪ and the united states air force. ♪ [ applause ] >> we hope you enjoyed today's ceremony. thank you very much for coming. >> we're also honored to welcome nearly 500 men who put on the uniform of their country, three quarters of a century ago to defend freedom. military veterans of the second world war from the army, the army air forces, the navy, the marine corps, coast guard and merchant marine. this event was conceived in large part to recognize the contributions they made to ultimate victory in euro

. >>> we do have much more from richard thaler still ahead. but rossusing and inflation data and the minutes from the latest fed meeting and find out where the economy is and what he thinks you should be doing in the economy right now. >>> bill belichick draft strategy makes economic sense. >>> if you have been frustrated by the car buying process. stick around. the new start up that wants to take the dealership out of the process. stick around "squawk box" will be right back. we live in a pick and choose world choose choose choose. but at bedtime? ...why settle for this? enter sleep number... don't miss the memorial day special edition mattress with sleepiq technology. sleepiq tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! now we can all choose amazing sleep, only at a sleep number store. save $500 on the memorial day special edition mattress with sleepiq technology. know better sleep with sleep number. ♪ [male announcer] if you've served in the m

ross perot. so thank you mr. perot and dallas. my fourth book "the china mirage" is the history of u.s.-china relations from george washington to richard nixon and i rode it out of personal motivations. you know that my dad raised the flag on iwo jima. he also got hurt on iwo jima peppered with asian steel in an asian war. 23 years later we learned my brother steve was almost killed in vietnam. he was given the last rites. they thought he was going to die die, hit asian steel in an asian war. now the bradley family's experience with asia is very different than the one we had with europe. my uncle jim bradley fought in europe in 1945 but we didn't continue to battle in europe for another generation like we did in asia. we didn't bomb italy 15 years in a row like we did in southeast asia. there's something about asia and particularly asia's biggest player, china and america's view of china. a call that view the china mirage and what i mean by that the china mirage is this intellectual stumbling block in the american mind where americans for generations have been hoping, praying expecting that china is going to change. old china is going