look at the 100's weekly chart. said it made a roughly 61.8% retracement back to the early february lows. pretty amazing this number keeps coming up. in fact, she thinks it may have fallen far enough that it's able to bottom and rebound like it did today. but last two big climbs were 228 and 215 points. so far this has lasted for 195 points so if her symmetry pattern holds true, the nasdaq 100 should be nearing a bottom if it hadn't bottomed already. which seems likely after today's terrific run. meanwhile it has a powerful floor of support. about 100 points below where it is right now. as long as the price holds, she thinks it can get back into rally mode. her initial upside target, 3791. wow. but again, if it drops below the february lows all bets are off but i detected far more bullishness when it comes to nasdaq. here's the bottom line. the charts are interpreted by carolyn broaden the s&p 500 and the whole market could be in a precarious moment. tech as represented by the nasdaq 100 may be in rebound mode after

downtown and low-to-mid 70's in the not bay valley and ten degree cooler and low-to-mid 70's along the east bay shore and richmond and castro valley and low-to-mid 70's in the east bay valley. tonight is mid-40's in napa and santa rosa and the rest of us in low 50's. so comfortable and cool. the leading edge of the robust air coming in today and tomorrow well jump around 10 or 15 degree compared to the high today as also warm air, woulds its way toward us and high pressure is setting up to the north so an offshore breeze and look at the warmth, we are getting into the 80's along the coast on wednesday with the rest of us flirting with the upper 80's to mid-90's and cooling hitting the coast on thursday and by saturday and sunday temperatures are closer to average. leyla gulen? >> 52 bart trains erupting on time and what is not running on time is the drive on highway four. westbound traffic is stopped as you make it throughant rock and we have a brand new accident eastbound highway 4 involving four vehicles and we are seeing a slow down behind it so it is in the eastbound direction and

give notice and apparently what happened is at&t assumed that the department was going to comply with the s m f order when required that the hearing be scheduled within thirty days and inevitable we saw that the hamburger weren't being scheduled that's the point we that had the meeting that was talked about much earlier. for 336 randall street the >> what. >> 336 walter the application was filled in 2013 and it wasn't an ultimate decision for 10 months. it took days the application was filed in may and not a hearing until november that's a 5 month gap and took 95 days to schedule a hearing after the box walk. again, i think the common point i'll make about the specific denials for all of those locations is that if you examine the administered record the hearing officers made denials that the s m f portion couldn't consider this is for raul street on the basis that at&t could conduct another box walk so parents and he walkers could identify additional sites. well, my time is up >> okay. mr. quan. >> commissioners john quan from the dksz again. i think in many ways the time issue we've beat i

the s&p had been down, it's just a point off of that. t still, the nasdaq looking ugly but coming up off the floor. can you what? >> i just add something? liz: of course. >> the ipo market is about the confidence of the markets to take on the risk. and from an ipo perspective, the confidence is clearly there, you know? historically and up until today the equity markets have been strong, and that's why ipo tos have been pricing at or above expectation. and, you know, at the end of the day, it comes down to confidence. and the confidence is clearly there. >> but that could be top of the market. i remember back this 2000 when , teals were getting done, mergers -- liz: yeah. still smaller numbers though, charlie. >> no, i know -- do you remember all the corporate finance mergers of banks -- liz: well, yeah. >> dlj merged with csfb. one of the worst ever. that's what happens at the top of the market. [laughter] liz: let's look at the ipo point because we can show the top five performing ipos, and then we'll show the worst performing ipos this

fong again found that at&t complieltd with the requirements of the s m f. during the sidewalk as the hearing director reported two members of the community attend the box walk and at&t walked the neighborhood and found another site - my apologizes i'm reading from 100 furton street. what happened was about at&t offered to walk the site to review alternative site locations, however, the obtain terrors found no suitable area and that's one of the difficulties that at&t faces because the way this process is supposed to work at&t works with the community to find the least impacted loeshgs but if the community won't identify any location then at&t appeal the specific denial was that the hearing officer saw the project maybe in conflict with the plan the at&t cabinet and recommended at&t work collaboratively with the neighborhood association and the only point i'll make is the hearing officer didn't have the discretion to make those kind of particular order >> mr. quan. >> good evening. george quan from the department of public works actually in this case it's a v

where is the s&p 500? >> 1981. >> tell me that's a rigged market. >> you're losing money. >> well, let me just say, though, that over time, since 1930, the stock market returned anywhere from the to 11. >> i think this market is rigged by a lot of things, fed-printing money. >> back in the day, your dad was my dad's age. we would get the la times and let me see how my kodak stock did, you know, the big boys in new york knew this yesterday. those suckers in la. >> here is how you get around having to compete on wall street because the big boys in wall street know there's been front-running. become a long-term investor and know when to get out of the market in a long-term basis. know what to get in in a long-term basis and be macro. to you might these guys, i don't care how many michael lewises there, you'll lose. charlie gasparino, at the high with me when he hit a high with the s&p 500 and the closing bell is 29 minutes away. one of the dow components, microsoft, we are looking at it, scrutinizing it. is it

along the beaches and low-to-mid 70's in the valleys and low 70's for motors of the east bay shore and 72 to 75 is the spread inland valley. tonight, mid-40's in napa and santa rosa and cloverdale. here is what is happening, a couple of areas of high pressure are developing and to the south that is the big one where the warm air is developing and with that clockwise flow it is pushing right at us and we make a huge jump 10 to 15 degrees warmer and 80's at the coast and the rest of us around the 90's and a slow tapering back to normal temperatures on saturday and sunday. >> we have 41 trains that are running on time with no delays as far as mass transit. we are seeing delays over the altamont pass so slow traffic there as you leave 205 out of tracy. other areas of the bay area, drive time traffic san francisco to sfo is 11 minutes and northbound 880 from 238 to the maze is 13 minutes. now a look outside at the bay bridge toll plaza traffic has a few extra cars up to the tolls and cash-paying lanes are waiting to pay their dues and pay thai wear to san francisco and taking it further

>> the numeric unchanged situation which is the s&p, virtually at all-time highs. s are collapsing. it's a function of the rotation. we've seen epic rotation out of growth and into value. but what happens after that initial phase, this is now seven weeks old, is the value starts to succumb and the growth doesn't get better. in principle. that's the way history shows this gets resolved. the implication is that the aggregate s&p goes lower as parts go lower. >> all right. so this is going to be a concern. if you are in the momentum names, or you are simply watching this, what is particularly concerning, you can explain amazon, the operating margins, but facebook is trading sharply. if that was a great quarter. yet look at where it is now, it's being taken out to the woods, just like any other stock. >> i think people loved the growth there. the company is doing a lot of things. i think there are questions about those two acquisitions. but i'll pin point when this whole thing started. it was february 6th when twitter reported their first ever public company. you know w

we looked at what portion of the s&p 5005 hundrereturns were in l bucket in may. the sell in may, may through september bucket was responsible for zero percent of the s&p 500500 returns. that is very interesting especially as we are right now, basically flat on the year, moving sideways, a lot of indecision. >> i'm looking at a stat the s&p 500 closed in may with a gain of 65% of the time, up on average of 1%. even though it was down the last three or four mays, i don't know if the charts are telling the whole story. joe. >> i have a problem with the whole sell in may and go away concept and longer term investors involved and tax issues. why not say don't buy in may and go away and come back on the other side with what looks like apparently what you believe is strong performance the end of the year. >> a very good question, i want to clarify. sell in may does not money you should sell. you should short the market because that's where it's going to be. you should not be enthusiastic about the market is what it means expecting blockbuster returns. all the returns on

san francisco and sausalito and mid-to-upper 60's through the north bay valley and upper 50's at the beaches and mid-to-upper 60's along the east bay shore and upper 60's to low 70's in the east bay valley. close to yesterday. tonight, we are mild again with only 40's around santa rosa and cloverdale and most of us in the low-to-mid 50's. here is what is happening, clouds are here at action, and it is quiet, and we could get a sprinkle or two in the early evening with a better chance of light rain as the front moves through later in the evening and tomorrow morning with showers out there and a poeter chance as we head to noon and in the afternoon with the low passing us to the west. in the evening, it will be blustery and dry. temperatures tomorrow are ten degrees cooler than today and we start bringing the ten degrees back by sunday and by wednesday we could be 20 to 25 degrees warmer. have a great day. leyla gulen? >> that is the uptick. law livermore and down to 24 miles per hour approaching this area but beyond airway it is moving along at top speed. on the peninsula if san mateo

80's and to the east, the valleys are all in the mid-80's. tote, we will drop into the 50's but notice the fog is more widespread along the coast and pushes across san francisco and into parts of the north bay valley so watch out for that during tomorrow's morning commute. two to four degrees cooler tomorrow as the warmth spreads inland holding steady for thursday and another push of cooling send bryces drops us a couple more degrees on friday and saturday and we will hold steady through the weekend with sun and still above-average temperatures. have a great day. we have a report from san francisco that there is a possible crash on lumbar and fillmore trillion stying to get more information through the marina and we are not too clear on all of the details but we will let you knowen we find out. in san jose, we have this accident northbound possibly blocking the on-ramp to northbound 101 near san jose airport with plenty of heavy traffic and a look through san francisco and daly city with top speeds approaching the 280 extension through daly ci

look if highs today in the upper 70's and by noon in the low 70's inland and mid-60's along the bay withme 50's at the coast and the winds are going to kick up from 20 miles per hour by early afternoon and maybe 30-miles-per-hour gusts so, we will look if a cooler day there and over all temperatures coming down maybe three or four degrees and a look ahead not much in the way of changes but increasing clouds and the beginning of the weekend is mice and above average and we warm it up for easter. we have a couple of problem spots and in milpitas we had an accident southbound, and before 92 in the hayward side of things we have reports of a couple of cars and southbound 880 at fremont, another accident, so the whole stretch of the nimitz is not hooking good and northbound the vet way close -- the investigation of a serious accident and you can take blossom hill to cam democrat. sluggish from the central valley to dublin and westbound four is not too bad 20 minutes into concord and sluggish to san francisco and across the golden gate bridge because of fog and we will check with the bay bridg

the s&p 500 right now in the red, declines of almost 2%, that was the nasdaq, 1% on the s&p 500, the nasdaq behind the three, pressure on amazon and technology stocks. the nasdaq down 74 points p with an hour to go, tyler. >> cathy joens, rich peterson from s&p capital iq jim kahn from wealth management group, ryan jacobson from wells fargo advantage funds an our own rick santelli. let me start with jim from wealth enhancement group. is this a time for me to try and enhance my wealth or just protect it? >> always a time to try and enhance your wealth. we think there are a lot of great opportunities right now so looking at emerging markets, the news is negative, negative, negative. the reality is russia is driving down valuations. all the scare stories out of china driving down valuations. stocks are cheap in emerging markets and this might be a great opportunity to buy. >> rich we're looking at technology sell-off again. here we go again, social media, cloud competing stocks, biotechnology. there's obviously still some room to run in this sell-off of the momentum days. >> you know, g

they're not sharping the s&p 500. instruments specific to the areas they're investing in. what would move the vix is if the s&p 500 dropped 5% in two days. you'd see the vix shot up over 20 very quickly. >> and the point to that is we have not -- [ overlapping speakers ] >> -- contagion thing. >> right. we haven't seen that. to your point, bob, we've seen nothing like that. >> right. >> like you mentioned earlier, moments. we've had moments of a move. and then the move has dissipated away. that's what the vix is measuring. how much fear is in there at that moment, and if that moment extends or not. >> for the overall market. so we are seeing a lot of fear in the internet names, a lot of fear in biotech. but guys have figured out ways to play that fear and buy that protection overall. the market is fragments, and the ways to protect yourself are much vaster, ask pete and jon, they'll tell, it was three, four, five years ago. >> bob, thank you very much. >>> when we come back, something strange is going on. ebay is on p

to 60's in the afternoon and mid-60's headed to 7:00 -- no, that was for the bay. inland, 51, and, hanging out in the mid-60's for the afternoon and breezy and 59 at 7:00. blustery conditions at the coast with a stray shower through 7:00 and you hang out in the upper 50's. sue? >> it is windy. we have a high wind advisory on the dumbarton bridge slowing things and folks need to grip tighter. good news, we have an overturn finally cleared from the lanes westbound 80 before the parkway but the damage is done. we have traffic backed beyond highway 4 and maybe that will clear out and hopefully when the accident is cleared. southbound 17 we have an accident with an overturn in the left lane and partly on the right hand shoulder slowing from the summit on highway 17 southbound. we will look outside at san rafael moving nicely with no delays and a few brake lights but, otherwise, at the limit across the golden gate bridge. be prepared for the winds. >> national park police served a home in san francisco in the north beach neighborhood this morning and possibly for

look at the 90's coming in as we head through thursdays friday, and saturday and you can see the 80'sand we are in the 60's at the coast and stay in the 60's until monday when we are at 50's at the coast and monday the temperatures could be below average. have a great day. tolls use leave the maze and we have another report of a stalled vehicle at the center, they will drive it off and it is in the westbound direction so you will see problems on the upper deck and when you get into san francisco, southbound 101 at hospital curve, we have a two-car crash pushed to the shoulder and we are seeing delays driving to vermont and the 280 extension. and we have an ambulance headed to the seen right now with possible injuries and all the heavy traffic and bumper-to-bumper at 13 minutes and right now, you can see san jose is quieter leashing 17 and you can see the traffic is building but no problems to get in the way. stars" was "dancing with the injured." >> she lasted for seven weeks on this tough season of "dancing with the stars" with the elimination hitting hard but slow is proud. ricky ma

the dow and the s&p are up from last week. we are lower right now with the dow tracking 22 points below fair value. the s&p is 6 point best low fair value. nasdaq down 2.6% on friday. the worst percentage loss since february. they are seeing quite a bit of selling today. the nasdaq is currently lower by some 19 points. the ftse global 300 at the moment is also down by a quarter of a percent. and european equities are low as well. the ftse was up 1.2% over the course of last week. today down .50%. cac is down .70% amid losses to the ftse mib as well. but there's fresh news this morning. cement makers holcim and lafarge confirmed they are seeking approval from regulators for a $50 billion merger that if it succeeds would create the biggest construction materials company. the stock is up 3%. 2% higher for holcim. and bruno lafonte will be the ceo of the newly merged company. they will face intense scrutiny from regulators and there will be large disposals before they can get clearance, if they can get clearance. another deal that'

to neitherly 90 degrees on the peninsula and in the mid-70's to low 80's along the coast and midwntown and south san francisco and sausalito and nearly 80 on the north bay coast with low-to-mid 90's in the north bay valley and richmond is the best chance for a record high. upper 80's to neitherly 90 on the east bay shore and air conditioning weather in the east bay valley. tonight it cool down nicely again and low 50's along the coast and mid-50's in santa rosa and napa and the seven-day forecast is a sea breeze developing tomorrow but it will be light with minor cooling at the coast and better chance of cooling on friday, saturday, and by sunday we are 15 to 20 degrees cooler and back to average and cooler-than-average monday and tuesday with a chance of rain. >> a viewer tweet add beautiful shot from oakland to the jack london ferry terminal so it looks to be a beautiful ride. away from sfo into san francisco a buildup of traffic at 80 and up to third street is ten minutes. over the golden gate bridge at top somebody and slow through the waldo tunnel at 54 miles per hour. and a

when that happened the s&p lost 10%. melissa, some big money betting against the market today. >> mike -- >> hi. >> what do you make of that trade? >> she pointed out the last time the vicks went to 25 we had a 10% decline. that was the smallest decline we have seen since 2009 when the vix got that high, so two other incidents, it got to 25 or higher, we saw declines of 15% and 18% respectively when that happened. the vix seems like a complicated product because it's a bet on volatility. if you think that volatility is going to increase, that's usually when it decreases, the market goes down. i take a look at this, obviously it's an institutional player. it's about someone has concerns about the near future. >> let me make the point, they're kind of concerned about the near term, the vix has become a massively liquid product. i think 700,000 vix calls traded today. the vix wasn't up a whole heck of a lot. i think we have chart of the futures term structure here looking out over the course of the year. the futures aren't t

s. at noon, we are in the mid-50's at the coast and a few mid-60's inland and sunny but it will not feellls are below average, mid-50's at the coast and still sunny and warm at 7:00, and mid-50 to 60 but we will quickly drop into the low 50's by 9:00. have a great day. >> we have an update with two separate accidents westbound 80 and one is gone. that is better news. pinole valley road westbound is cleared to the right shoulder and you can see the red sensors because we have a secondary accident westbound 80 with an overturn involved and multiple crews, fire crews and tow truck and emergency crews on the scene and you can see traffic is slowing to 13 miles per hour. in the southbound 101, westbound into hercules is 30 minutes, and highway 80 from 4 to the macarthur maze you are look at under 30 minutes and that is going to be getting a lot worse as we go on with the lanes blocked. outside, we will look at the san mateo bridge and it is windy and we have an advisory for dumbarton and an emergency crew here getting across the span and i am not seeing too many delays but brake lights as you

although the s&p has recovered from earlier losses and is now in positive territory. just the dow is down just marginally here. ibm dragging the dow down. we've got the nasdaq also positive, up almost 0.25%. and we've got a pair of market gurus here on the floor of the new york stock exchange. dominic chu and kenny polcari, cnbc market analyst. so can we go 4 for 4 here? this is a crazy market. >> you know, it has been, but don't forget, it's a short week. a lot of people that are out. we're right in the middle of earnings season. we've got all these other headwinds. the market being a little bit psychotic. yesterday with janet yellen's -- >> confused is the word. >> either way, right? janet yellen's conversation yesterday just lit up the computers once again because they assume she pushed it out for another year, and she's not going anywhere. so rally the market. >> here's the thing. we're also forgetting there's geopolitical concerns going into a long weekend. you do not want to be that long the market if you think that things may flare up in crimea, eastern ukraine

and cool at the coast with localized sea breeze and low-to-mid 60's. in the next bit i will give you more on the heat. >> it is flies -- nice and quiet an

. >>> all this as the s&p rallies to an all-time high. but will earnings season derail the move higher? we have all that and more tonight on "nightly business report" for this tuesday, april 1st. >>> and good evening, everyone. it was a record day on wall street for the s&p 500 and the dow transports, by the way. but we begin tonight with general motors. it is under intense scrutiny by lawmakers for safety concerns about its cars. today its new ceo got slammed by members of the house over how the automaker midhandled the crisis. faulty ignition switches in general motors vehicles have been linked to 31 accidents and at least a dozen deaths over the past 13 years, prompting a massive recall. lawmakers want to know what took gm so long, and did gm put money ahead of lives. for her part, barra attempted to reassure those lawmakers along with investors and drivers that gm cars are safe and that she and the company are terribly sorry. eamon javers has more on today's heated testimony barra's performance and what's next for gm. >> reporter: gm c

and the upper 70's to norly -- forly 80 today. tonight we will drop into the 40's to see a cooler day tomorrow in the forecast and saturday, as the low pressure off to the west draws near and enhances the sea breeze. we will see temperatures rebound on sunday and monday and drop to normal on tuesday and wednesday. it will be dry. >> in the areas of fog in the north bay, it is socked in along 101 as you come through santa rosa and into rohnert park but you are still at top speed. it is clear northbound and southbound direction. as we continue through petaluma to novato, 64 miles per hour is the top speed and out of fog we are still looking clear with no accidents to report up to mill valley and over the golden gate bridge. as we head to the altamont pass, we have a bumper blocking a couple of lanes westbound direction along 580 at north flynn road and you can see we are seeing early risers and it is not causing any slowing because we are still under 30 minutes from tracy to dublin and 280 away from 17 is wide open and dark. not even

we hid the 70's and 80's and only 50's overnight. san marin drive, indian valley road, all areas could be dealing with half mile visibility and most of that is over on lakeville highway on other side of the hills but novato is the spot and we are seeing most of the fog with six miles in santa rosa and 7.5 miles in san jose. maybe it is drifting to the north to petaluma and rohnert park with light winds at three miles per hour. everyone is quiet because of high pressure and you can see it look like glass on the bay water with the reflection of the bay bridge. tree pollen is high. weed and grass pollen is low. watch out for uptick in the mold spore and the u.v. index is high so if you were bound yesterday that is a signal for everyone to wear sunscreen today. tomorrow, the temperatures are the same as today and maybe a degree or two warmer works high clouds and sunshine all three days dropping temperatures by the time we get to thursday. >> we head up the point it is looking slow westbound direction. along highway 37, up to the point ju

the north bay, look on mid-70's. the giants at at&t park allow for temperatures in the low 60's if the sweep today and look ahead with temperatures cooler day-to-day and more clouds tomorrow and monday and tuesday, cooler and showers. >> back to san jose with the full road closing and a thoroughfare on the almaden expressway northbound because of a fatal accident. blossom hill to camden or meridian is a great alternate remaining there for the investigation. the drive time from tracy to dublin is improving from last time we checked and 45 minutes and highway 4 under 25 minutes from antioch to concord. at san jose, this is highway 87, and beyond the sap center and a big party sharks and kings expecting a street party between 5:00 and 7:00 b the game with delays in the area. >> i like that, sharkies. >> the tribute prince william and kate made to victims of a devastating wildfire. >> electric or regular toothbrush. which is better? "7 on your side" teams up with "consumer reports" on and i know there are many myths out t

in millbrae but that is the exception, low-to-mid 80's for the peninsula and low-to-mid 70's along the coast and downtown and sausalito and mid-80's for most of the north bay valley and 87 is the warm spot in napa, and low-to-mid 80's along the east bay shore from 80 in berkeley to 85 in hercules and we could see the air conditioning in more areas in the east bay valley with upper 80's to nearly 90 in antioch and fairfield. it cools back into the mid-to-upper 50's tonight but for highway for corridor antioch, brentwood, all the areas in the low-to-mid 60's and the high pressure is bringing us the offshore flow and the reason why it is going to be so warm today, we will get close to records tomorrow and on thursday but they will just be out of reach. friday you can see the cooling hitting the coast in the 60's and we are back in the 70's on saturday, and temperatures are back to average by sunday. >> drive got busier in fremont southbound 880 a report of a car fire and that is blocking one lane so as you make the commute over to warren, that is near mission boulevard. in san jose we hav

where we will have the low 60's and tonight we fall in the low-to-mid 40's and the south bay and mid-to-upper 40's for the rest of the bay shore and to the coast. the seven-day forecast shows two to four degrees warmer tomorrow and with the high clouds and sunshine, and friday the light chance of rain will keep our temperatures steady and saturday we are back to average and sunday and monday and tuesday: 70's at the coast and nearly 80 at the bay and spring warmth on the way and only a couple of days away. >> we need to dry things out from portola valley and highway 84 with a mudslide blocking when lanes. it is causing delays with traffic building at skyline in both directions as you approach highway 84. as we take you to fairfield, this serious accident involving four separate vehicles westbound 80 at travis boulevard we are down to 19 miles per hour and backups from the parkway so it will be slow approaching highway twelve in that direction and they have two lanes blocked so it will be cleared with no injuries reported. here is showing where traffic is heavy away from the maze and bumper-to

bay and inland with the 50's at the coast and winds up to 20 per hour and minority 70's inland and upper 60's around the bay and here is a look for the next these days no changes tomorrow, we warm up for easter sunday and by monday increasing clouds, chance of showers late and this is seasonal with the cooler temperatures on monday into tuesday. >> good news in oakland the signature assert is lifted and we have an accident cleared from the lanes with a couple of big rigs and a honda with residual slow traffic easing in a few minutes and southbound is looking good so it is clear sailing through the oakland area and we have a problem still in san jose south 85 beyond almaden with two right lanes are blocked and i am not seeing traffic or slowing beyond the scene. it is a beautiful morning at the rig with tail lights headed on the plat section of the high-rise to foster city with no delays and everyone is at the limit and looking good. >> anxious families wait for any word on the fate of loved ones still missing from a cappized ferry in south kore

increasingly, the u-s is drawing tourists from emerging markets--the growing middle classes in china and india. "travel to the us is aspirational around the world. and with a growing middle- class, we'll benefit from that." the u-s travel association wants to make it easier for international tourists to get here, through shorter wait times for visas, for example. in large part because international tourists bring a lot of money. "the beauty of the international market is they stay longer and spend more." "when a visitor comes, they spend $4500. it is a massive amount of money." the same day on the other side of chicago, the u-s chamber of commerce pushed to renew presidential authority to close international trade deals and bring them to congress for an up or down vote. "these are groundbreaking trade agreements that will increase business and create jobs here." the presidential deal-making power dubbed the trade promotion authority expired under president george w. bush. until then, every president since franklin roosevelt had it.some labor unions, however are against it. thank you

the day. look for temperatures to warm up to mid-70's by the bay and low 80's in and. it said be a pretty nice day getting cooler it throughout the week. temperatures in the south bay should look for seventies to '80s. sunshine throughout the day with low eighties in a lot of places. by the day we see it low to mid 70's with a high of 77 in san francisco. here is the seventh day around the bay. tuesday it will see the winds picking up with gusts up to 30 m.p.h.. the rest of the week shows no big changes; just lots of sunshine with more fog towards the end of the week. with warm dry weather here to stay. don't forget about mandatory water restrictions. the alameda county water district has some tough rules in place. kron 4's justine waldman tells us. in order to enforce them. the district is relying on people to turn in their neighbors. flowers, shrubs and lawns might not look so green by the summer. during the draught alameda county water district, which represents fremont, newark and union city has restrictions in place where residents can only water their lawn 1 day a

tomorrow, it will be in the upper 30's in the north bay to mid-40's for the rest of us, significantly cooler and dry tomorrow morning. if you are walking for the march of dimes tomorrow dress accordingly. i will dress for the 30's in pleasanton and leyla gulen will dress for the 40's in san francisco. >> sounds chilly. >> but it is a great cause. >> absolutely. you can see we have plenty of green an indication of slick roads. over the altamont pass when you start out of address at 205 we have the slowest of the speeds at 39 miles per hour is the top speed and as you continue over the pass the speeds jump up and it turns dry and looking clear through livermore to the dublin interchange. if you take highway four that drive is the driest out there and not so dry in san jose and 101 to 80, all moving at top speeds and accident free. all in all, it is a safe drive. walnut creek and 680 southbound is empty and that drive doesn't look like the headlights are glistening off of the pavement is it appears to be dry, as well. >> amazon is testing a new delivery service in san francisco, rather t

we are in the home 50's so nice when you step outside and we will stay in the mid-to-upper 50's along the coast and if you are outside at the a cafe for lunch, it will be pleasant in the sunshine. the clouds are thicker at 4:00 but close to average and mid-to-upper 60's and this evening, still sprinkles are possible and we will get a better chance of rain after midnight so if you have evening plans it is cloudy with mid-50 at the coast and low 60 for the rest of us. >> low clouds are dimming the headlights with a chance of the san mateo bridge, but, first, this fire in napa has both sides of 221 shut down northbound and southbound at anderson road where we had a power line that has exploded and caught fire and now live wires are down and we have northbound lanes shut down. you can always get around using 29 instead. as we take you to san mateo we have an accident first reported as a big rig and it is a tire westbound 92 with one lane blocked and we are seeing delays coming over this section but westbound 580 an early stall now is cleared and the slow downs are dissipating slowly. as s

two to four degrees warmer and check out the 70's at the coast and 80's around the bay and 90's inlandsafe. >> the area roadways are busy and this is possibly an incident involving too fast and slick conditions and westbound 24 at highway 13 from the caldecott tunnel tunnel a pick medium is overturned and debris is everywhere and we see the delays coming through orinda and eastbound at the tolls a stalled big rig is blocking one lane but all that is in the westbound direction and it will be 20 minutes to get across the bridge from the maze and this drive southbound 101 is dry and as you make the public away from 580 into san francisco. >>> seven things to know before you go. >> the morning news returns in 60 for $175 dollars a month? so our business can be on at&t's network yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues& great terms& let's close. our best ever value plans for business

the s&p. it's down 2%. look at that chart right there, that's a trend line for the last 18 months or a trend channel. it has not broken. it's not broken it's 200-day moving average since november of 2012 on the downside. we are overbought. if the s&p -- it large cap stocks start to participate, we're going back to 1750. >> carter worth, i want to bring you in. you're in the magical place we call inglewood cliffs. in terms of the divergence, can we see this continue? >> the numeric unchanged situation, which is the s&p, we're virtually at all-time highs and yet parts of collapsing is a function of the rotation. we have seen epic rotation out of growth and into value. what happens after this initial phase, and this is seven weeks old, is the value starts to succumb and the growth doesn't get better either in principle and that's the way history shows this gets resolved. so the implication, of course, is that the aggregate s&p goes lower as parts go lower. >> so this is going to be a concern. i think if you're

this name, among the top performing stocks in the s&p, and also among the worth performer in the s&phis month. do you know who it is? you probably don't, but we'll tell you, coming up. ♪ [ male announcer ] when fixed income experts... ♪ ...work with equity experts... ♪ ...who work with regional experts... ♪ ...who work with portfolio management experts, that's when expertise happens. mfs. because there is no expertise without collaboration. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-open red arthritis cap. >>> time >>> time to reveal today's mystery chart. one of the best performing stocks for the s&p in one of the past 12 months, one of the worst this month. melissa guessed micron. >> i was trying to guess based on the axises. >> i

first and second seeds, the s&p, nabors versus tyson foods, nbr is the winner.orrow we'll see who they face after the naz showdown. you know what, the final game,. humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we'll give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, the repairs are guaranteed for life. so call... to talk with an insurance expert about everything that comes standard with our base auto policy. and if you switch, you could save up to $423. liberty mutual insurance -- responsibility. what's your policy? >>> it is time -- time for the "lightning round" on cramer's "mad money." rapid-fire

ed out the s&p hasn't dropped as much as the rest of the market.rested in hedging. you use puts to protect your portfolio and put spreads. i think that's a good move here. >> it looks like our time has expired. i'm melissa lee. for more "options action" check out the website and our daily segment "pence fast" every day around 5. ""mad money"" is up next. >> announcer: the following is a paid presentation for the power pressure cooker xl, brought to you by tristar. do you love sitting down to a big sunday dinner with the entire family? do you wish you could enjoy the taste of those all-day, slow-cooked, labor-intensive recipes without the time, the work, or the wait? well, now there's a new way to take grandma's favorite recipes and turn them into everyday family meals with just a push of a button and do it in a fraction of the time. how would you like to make a hearty pot roast with all the fixings done in 25 minutes... fall off the bone short ribs ready in 40 minutes... or how about chicken wings, going from rock-hard frozen to steaming hot in jus

dress for temperatures in the mid-50's at the coast and low 60's for the rest of us. >> a busy drive but not over the altamont pass, 35 minutes from tracy to dublin. in hayward, southbound 880 at highway 92 a multiple vehicle crash with injuries involved and we are down do 30 miles per hour so heavy solid backup around from 238 and this crash is finally cleared in petaluma southbound 101 but not before damaging the morning commute at six miles per hour is the top speed with backups extended all the way from petaluma boulevard and before that, so give yourself extra time, and the san mateo bridge cross the water to the peninsula is moving along and you have extra company out there. >>> we are continuing to follow reacting news in novato where firefighters are on the scene of a house four. amy hollyfield is on the scene and she will bring us more information coming up later in the newscast. >> breaking news, authorities in australia are saying this morning that an object of interest has been found in the senator for the missing malaysia airlines flight 370 which wash ashore long the we

the average pe on the s&p 500 is 25. probably the most telling thing for the next few months has been sentiment readings. we haven't seen bullishness like we've seen in the past two months until 2007 and bearish levels were not this low going back all the way 2000. wall street is very excited. there are about 50% more buy recommendations to sell recommendations on wall street today than normal. we see insiders are selling. one thing that really gives us the chills is the fact that margin debt, borrowing money to buy stocks is at all time highs. all of those kind of say we're in a high-risk period right now and we should probably take a little bit off the table to try to preserve some capital. >> michael, barry has laid out a very full case here. how do you react to it? i you know to be an extremely cautious guy especially when you're playing with other people's money which is what you do. >> no question about it, tyler. barry makes a good case. i want to pick on a little bit, some of his data points. in general i don't th

the broad market. flat right now. >> excellent point. s&p flat for the year. >> unfortunately, in on our meetings that are off camera. you heard it here first. at least on this show. the momentum stock term is over. it's gone. it's going to be hereby replaced at least for me with the term nomentum because stocks are as cold as a former foreigner hit. we hope to get cnbc's herb greenberg via morse code coming up in just a second. tony, time to by the nomentum rule. >> there's a lot of risk going on. print as well as migration over to desktop years ago. now if you have desktop advertising, you need to move over to mobile. i think it's as simple as that. price is an issue. it's resetting. but if you look at a name like twitter, people have already reset some of those expectations. >> why do you have to buy anything? if you have to buy something, you're saying buy mobile names. but why buy anything? >> you have to own large cap exposure. if you're looking for a name that's going to grow, it's really hard to find that. in the caser twitter, i b

the s&p is down sharply. greatest fund managers of our time says this is probably still the great bull market that we're likely to see in our lifetime. one of the greatest. how much higher can we go? and would today be a good day to step in and maybe if you're a long-term investor, anyway, add to your positions? we'll talk about that when we come back. ♪ [ banker ] sydney needed some financial guidance so she could take her dream to the next level. so we talked about her options. her valuable assets were staying. and selling her car wouldn't fly. we helped sydney manage her debt and prioritize her goals, so she could really turn up the volume on her dreams today...and tomorrow. so let's see what we can do about that... remodel. motorcycle. [ female announcer ] some questions take more than a bank. they take a banker. make a my financial priorities appointment today. because when people talk, great things happen. marge: you know, there's a more enjoyable make a my financial priorities appointment today. way to

the north. mid-to-upper 70's on the peninsula and 76 in redwood city. millbrae is cooler at 71. and sausalito. in low-to-mid 60's loan the coast but ten degrees warmer and 15 degree warmer in the valley. mid-to-upper 70's along the east bay shore and a few low-to-mid 80's around the east bay valley and concord is the exception at 79. tonight, it will cool again if your house is warm this afternoon and most of us are in the 50's again. the seven-day forecast shows thursday temperatures are up one or one-or-two degrees and the sea breeze comes back keeping us dry but it will drop the temperatures ten degrees by none. have a great day. leyla gulen? >> heavy police activity in san jose along eastbound capitol expressway, between snell avenue and seven trees boulevard we have a fatality with a pedestrian not in a crosswalk. they are struck by a vehicle that took off. we have the entire stretch shut down. if you are coming off of 101 to get to the capital stress way take 87. it is a round about way to do it but it will be shut down because of the investigation. in the caldecott tunnel