tonight on "fast" don't call it a comeback the surge off the december low is raging on as the s&p 500 climbs out of correction territory, but there's a number of interesting names sitting out the rally that could spell trouble ahead. we'll explain. >>> plus tesla tanking after elon musk announces job cuts and outlines a difficult road ahead. is this stock too risky to own >>> first we start off with the market rally the dow up 350 points on signs of peace during the trade wars china offers a way to eliminate the u.s. trade imbalance industrials leading the charge we've seen this story before, so can you trust the trade deal hype if so, does this put the fed back on the playing field this year >> we were just sampling a little prince there. >> tonight is a historic night but we'll save that for a little bit later. there were a number of questions you asked at the top of the show and i think i remembered a few of them. can you trust this rally i thought it would fade 100 points ago so clearly i was wrong on that. if there's any glimmer of a trade deal maybe we get back to 2710 on the s&

on the 60's in the early 1960's. it is important to note the importance of intellectual entrepreneurship. we saw that a bunch of people trained as soviet study experts trained in their fields. , is long, and9/11 terrorism, it is a common pattern we see where people rebrand their expertise to remain relevant in washington. speier for a righty of personal and institutional reasons, was not really able to do so. >> thank you. >> my name is heather, and i had been thinking a bit about the, you made on the responsibility of leaders and the intellectuals to educate when it comes to foreign policy. in particular, i'm curious about that these explanations might go or how policymakers and intellectuals can discuss foreign policy with the general public in a way that is not propaganda itself, not just appealing to our need for national security. >> it is a great point. , lease a lot more information so people have a better sense of what the country is doing in the world. a foundational principle going forward for every governme

day in the 60's under mostly sunny skies. after today temperatures will cool into the 50's for the rest of the forecast along with rain looking likely tomorrow night and then again into the weekend and the start of the next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( james ) breaking overnight... pg&e has officially filed for bankruptcy..( darya ) kron 4's will tran is joining us now live with what more on this development and what it means for customers. will? ( will ) breaking overnight... pg&e has officially filed for bankruptcy... this comes after the california public utilities commission voted to allow the company to borrow up to $10- billion to pay for operations. during monday's meeting... the commission passed the waiver saying it was the only way to ensure safe and reliable gas and eletric service will continue to flow to california homes and busineses. protesters spoke out both inside and outside of the

bsumek: my research started with the dam on the utah eurozone of order completed in the 1960's. i became interested in how society was attempting to mitigate extreme water shortages in the american southwest. >> how did they do that? prof. bsumek: there were a number of different ways americans who settled in the region actually attempted to deal with a water shortage. they first tried barrier dams and canals and then they began to scale up their attempts. they tried smaller mitigation projects and by the time we get to the 1940's and 1950's, people become acutely aware that order for society to grow, they need to really begin to stockpile water. after the construction of hoover dam is followed by the second largest dam in the united states. they turned infrastructure to do that. >> when was the glen canyon dam built and by whom and what price tag, and what did it provide? water and one of the resources -- what other resources for their area? prof. bsumek: it was proposed in the 1950's and it is approved as part of a multi-dam package built between 1956 and 1966. dedicated in 196

whatluidity in the term, this means is by the 1940's, 1950's, even the 1960's, we see hospital therapeutic committees really trying to control what that term means. it moves the individual decision to committees of 3-5 people who have never seen this woman or treated her before and they are now determining whether or not she can access and abortion. therapeutic abortion's were legal but they were sometimes more difficult to get. >> weather in a classroom or with your peers, at the western history association, what kind of reaction does your research get? what questions are most often asked to you? >> often the reaction is, surprise. most of my students have grown up after roe v. wade. i myself grew up after roe v. wade. topic,i approached this i never thought of what abortion was like before that. feel takey students i this for granted. they take for granted the u.s. supreme court decision. they believe they have certain rights. certainly in different political climates, those opinions change. sometimes students feel their rights are at risk and other times they do not. generally, surprise

if you want to understand this market, the s&p falls and the nasdaq 1.71% wow. let me ask you a question, how much would you be willing to pay per month for the best entertainment out there? the answer, more than you're currently paying, and that's why when netflix raised its fees the ignited the stock market and the unnerving news from the u.k. where the prime minister's brexit deal went down in flames wasn't enough to stop this rally. netflix's announcement they're raising their fees 13 to 18% is huge according to rbc capital a terrific piece of instant research titled flexing pricing muscles we know that netflix was generating about 11.44 per sub in the third quarter if you slap a 15% increase on the average customer you get 1.18 billion in incremental revenues and all that flows straight to the bottom line. wow, instant riches. even though netflix had seen the stock surge 25% since the beginning of 2016, the stock packed on 25% today. the darn thing is now up more than 50% from its december lows. and why not? all the research we got this morning shows that t

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holding onto the upper 50's a little closer to the coast. skies will be sunny and dry again today just as they will remain for the rest of the week ahead. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( darya ) new this morning ... the city of berkely is changing the way you eat take-out or dine-in at restaurants ... in an effort to reduce waste.( james ) kron 4's will tran is live in berkeley with more on the new ordinance passed by city lawmakers.will? a local law was passed requring only reusable foodware to be used for dine- in service. the new law also requires that all take- out foodware must be compostable. vendors would have to charge customers 25- cents for disposable cup. and, take- out customers would have to ask for straws ... napkins and utensils. small grants would be made available to help businesses reach these requirements. the new law will go into effect in 20-20. ( darya ) thanks will. ( james )s rested in a sexual battery investigation. the incident happened last thursday on shellmound stre

there are multiple angles by which apple impacts the s&p. you can point to all three of those angles as problematic right now. consistently throughout time, what you find is when these stocks are following, it is impossible for the index to rise because they are so big. apple has such a large supply chain. there is a ripple effect. time is as see over long as the stock a stable, it doesn't have to leave the index. now, you see value leaderships emerging. >> how do you think tim cook is going to stabilize the share price? see a massive buyback announcement. some sort of announcement regarding new product launches or development of growth going forward would be a surprise. horde ist of the cash a key factor for markets to watch in general. i don't know if it is entirely up to tim cook. if you have resolution of trade policy issues outstanding between the u.s. and china, that could help stabilize the entire tech sector. >> not the only story today. today, we have airlines lower. there are a lot of stories going on. at what point do we see stabil

we )re seeing the first video images .. of china )s recent landing on the moon )s far side. until now .. the far or "dark side" of the moon has remained pretty mysterious to humans. on january 3rd .. a chinese spacecraft landed there. a short time ago china )s space agency released the first video showing the landing. the )far side of the moon ) is the hemisphere that always faces away from earth. a brand new show is airing right here on nbc bay area---right after our midday newscast. it )s called california live - and it focuses on some of the golden state )s hidden gems. here )s a look at what you can expect today: california live airs in just a few minutes - at 11-30 am here on nbc bay area. new this morning: spying apparently just got a little easier for people using apple-airpods. but apple did not really intend for it to work that way. apple rolled out a new tool with its latest i-o-s .. called "live listen". it )s meant to help the hearing impaired. but according to reports: once activated .. the app allows you to leave your phone in a room and walk away up to 50 feet.

i think 2600 on the s&p 500 is exactly where d we'w that battle loiine. if earnings can come in better than expected and wghve priced enad news in, the problem is with all those uncertainties guidan 2019 would have to be lackluster at best. i don't know i i say things are great in 2019 unless we have re lution on the governmen shutdown, brexit and the trade war with china. >> on that note, art, thank yo as always. art hogan with national >>> aelong sentiment today on wall street was china. that country's central bank jected a record $83 billion into the country's financial ov system, a designed to shore up liquidity in the world's second ecomy. it's aart of a wider stimulus plan which strategists say may also ilude tax cuts and an increase in government spending. separately, "the wall stre journal" is reporting that the justice department is pursuing a crimal case against huawei for alleged theft of trade secrets. >>> in the unitedm,king prime minister theresa may survived a no-confidence vote, but b not much, and it comes just a daf ter ukawkers rejected

we had an entirely wooden pier ntil the 1980's. in the 1980's, storms came in the west end of the pier, and the wood gave way. about one-third of the pier was destroyed. then in 1989 and 1990, the city rebuilt the pier with concrete again. a much better make this time. one made to last. and a wooden deck. so we've tried all sorts of formulas, and i think we've gotten one now. >> in what capacity has the pier been used over the years? jim: meaning besides being used to run sewage into the ocean? [laughter] jim: many greater things. in fact, early on it was the best fishing out of santa monica bay, which is ironic when you think about what they were doing to the ocean at that time. the reason it was duclaired that is because people had not been fishing this particular part of the bay until they were able to on top of the pier. and what they were pulling out the time, among the fish at the time, were these very large giant black seabass. which while protected species, a a slow grower, but they were pulling out in the 20 century, these

the level. that' fantas it's very s wl? offer parent resour so our satury school and of our summer school if they can get that th e the stude is in class. how im s to be -- to work with u in this? pro paren engagt is huge. a classn worki with d tomch with our pas a e-mail and have parent so our paren know e talki a hut and they n suppo that with their if you have to a giveice to r organ that are g applyg for o e grants, what would your lea from applyg a getti this grant and g t the proce? so the excitg part is i kbl being to devel . ye applyg for a grant this, look for those pa that are going to dollarvere those can turn a grant into so much t n that and have partns in and donate time or can offer them additl and mentop suppo. ehe suppog whole t and family who are some of yo e? partnh nasa. had nasa come in and do job had them do stem based with profe, t tec center also s a partn of ours. g with our family really help us e field trips?d the studes takef that's the best part when you t t get out and have a fie . corre with wh

&p 500 and here it is now the year to date charge and we are looking at white, the s&p 500 up-point sent -- 3% on the year. we really have energy and oil leading the way, energy right now up more than 6% this year from the top sector for the s&p 500 and of course, 2019 is very young. vonnie: that's for sure. the first real week of trading and it's only tuesday. more trade talks, u.s. and china locked in negotiations in beijing that will now extend into tomorrow. chinese lawmakers plan to release a statement after the latest round, for his part, president trump tweeted optimistically on the negotiations writing talks with china are going very well. shaunlet's bring in -- shaun donovan. >> the first round of working level talks is actually going as thanor perhaps even better many expected. we are getting a positive start to the year. the one reality check we all need to take is that this is a delegation andl there is no one in that room that has be authority to sign off on a final deal. it is not going to come this week but it can clear the way for further talks and what progress trad

delta airlines says it reported the incident to the t-s-a. ity breach happened two weeks into the government shutdon...agen ts have not shutdon...agents have not received paychecks. hundreds of them have called in sick at four major airports. the t-s-a is dismissing that this incident happened because of the shutdown. it says it will hold those agents accountable. ( darya ) as we head to international airport. (ácommercialá) commercialá) (ácommercialá)(áábreakáá) (james)( darya ) welcome back. let's get a check of the weather this morning... after an overall calm weekend heavy rainfall is on it's way. your morning few areas of rain with increasing showers later in the day. skies will remain mostly overcast through the day with high temperatures staying cool in the 50's. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. but i love a good drama.. and the stage is set for a classic in the nfl championships this weekend: if it were a western it would be the young guns v

for more areas while holding onto the upper 50's a little closer to the coast. skies will be sunny and dry again today just as they will remain for the rest of the week ahead. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. acciden tnb 680 at stone valley (2-shot) ( james ) breaking news this morning.. police are investigating a shooting in the south bay.( darya ) it happened near the bay 101 casino in san jose. kron 4s sara stinson is live with the details. sara? 11pm shooting occurred on 101 or near 101 on brokaw roadthe victim was shot in calf. car to car shooting. the victim brought to local hospital - non life threatening. still investigating and looking for more information. im live at bay 101 casino where the california highway patrol continues to investigate a shooting. the casino is right off highway 101 and airport parkway near the san jose international airport. the shooting happened last night there was a heavy police presence here and the casino parking lot was tapped off surrounding a car that had multiple bullet holes

the s&p high data that you can track using the etf, that component of the s&p 500 are up about 12%. it's tremendous. it's a big bounce. s&p low volatility, the etf is splv only up about 4%. the right stocks are bouncing the hardest. the ones hardest hit and highest beta with the market bio tech is the big winner it's an 18% bounce in bio tech i had to go back to 2001 to find an eight-day period with that rally. let's look at the lower beta and the cheaper part of the market that's where the concerns are. look at xlf. look at xle. cheap stocks, high quality sure when you look at those charts it's hard to get all balled up they bounced a bit they are in a defined down trend. only 12% of the s&p 500 is above its 50-day moving average. in essence, 88% of the s&p is below its 50 day you need to see way better showing among stocks >> they've given you the good fundamental reasons as to why they don't think the bottom is in josh said if you look deep inside the market, it's suggesting the bottom is not in either >> sure. there's still problems that's probably why the top is in i said that

big changes just around the corner as we enjoy our last day in the 60's under mostly sunny skies. after today temperatures will cool into the 50's for the rest of the forecast along with rain looking likely tomorrow night and then again into the weekend and the start of the next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. accident cleared wb 580 ri eb 80. residual delays from the maze. ( james ) breaking overnight... pg&e has officially filed for bankruptcy.( darya )will tran i now live with what more on this development and what it means for customers. will? ( will ) breaking overnight... pg&e has officially filed for bankruptcy... this comes after the california public utilities commission voted to allow the company to borrow up to $10- billion to pay for operations. during monday's meeting... the commission passed the waiver saying it was the only way to ensure safe and reliable gas and eletric service will continue to flow to california homes and busineses. protesters spoke out both inside and outside of the state building.

high temperatures will still peak in the 60's for most of the bay just slightly cooler than yesterday's. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( darya ) ( darya ) a big story this morning. 212-million people across the mid-west are in for a deep freeze. here is a live look at chicago. you can see the river is frozen over.( james ) temperatures are expected to drop below freezing ... and likely be the coldest temperatures on record this week. natasha chen is in chicago with more on the extreme cold. caylei vogelzang, chicago resident// "this is by far the coldest i've ever seen."even for those used to bone- chilling temperatures--this week's record-breaking deep cold will be brutal.as a historic polar vortex brings extreme and dangerous cold weather to much of the u-s. allison stern, chicago resident// "i can't feel my hands. that's what id say. its unbearable and it's dangerous." officials say the extreme frigid air is torturing the midwest and heading east-- dropping temperatures 20 to 40 degrees below zero and shattering dozens of records along

i do not think it will reach the 70's, but the 80's is quite likely. cernible] mayank: i am not forecasting 80 on dollar-yen, but i was on that call for japanese inflation. one of the things we have been focusing on when it comes to dollar-yen, it is not just the dollar at play. there's something happening in japan, too. inflation and -- expectations have collapsed. if you look at 10 year inflation in japan, they are down to 25 basis points right now. that has given the bank of japan's yield curve control policies a structure. normally it is anchored. dollar-yen is coming under pressure from declining in u.s. and rising in japan. short dollar-yen is one of our highest connection calls. we are forecasting one of five by the end of the year. i would say it is toward the downside. rishaad: not exactly what you might call sticking your neck out, is it? thank you, great talking to you. 80 by the end of the year? yvonne: making it harder for the boj to watch turns. it is beyond their control. another big interview to tell you about. bloomberg, we have intervi

the s&p 500 down one third of a percent. still the best performer in gm, having given a much better outlook and even a profitable forecast. that is not something investors anticipated. you will be able to hear from mary barra later on on bloomberg tv. performers the worst in the s&p 500, with problems losing key personnel, having to give away some of its gain and .evenue stream and then i got currency rise, we would have a quick look at the rmb, which broke through an important barrier earlier this week, and is trading today at 6.76 with the u.s. dollar about half a percent weaker versus the room the -- versus the romney. guy: when will the u.s. government shutdown start affecting asset prices? this is what some of our guests have to say. >> we need a couple more weeks. right now, the economic impact is too small, so a couple more weeks. it depends on what trump does next. right now we think it is ok, but it is very political independent on what happens next. >> i think where it should matter is on treasuries and i don't thin

for example, there's only three stocks in the s&p 500 that hit 52-week highs today. e got to do better than that for a real breakout. still, the trend lines have been strong after dipping below the 50 and 200-day moving average on december 3rd, that was the start of the december market volatility the s&p crossed over its 50-day moving average last thursday before dipping briefly below it today. generally positive the last several weeks. the vichx was 17 and went to 36n december 24th and back to 17 before moving up to 20 today really today is the first significant up day for the vix since that december 24th close despite today's drop the uptrend is still intact. that up trend began on the december 24th bottom, was tested on january 3rd when the s&p dropped 2.5% to seriously break that uptrendinuptrend, we'd have to drop below 2610 if we stay at the trend line or even find some support here that would be a real positive if we break decisively below that, i'm talking 2610 or around there, a lot of people will be eager to say we'll retest the december lows. there's a lot

if you want to understand this market, the s&p falls and the nasdaq 1.71% wow.

yesterday, in the 60's for more areas while holding onto the upper 50's a little closer to the coast. skies will be sunny and dr t no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. (2-shot) ( james ) breaking news this morning.. police are investigating a shooting in the south bay.( darya ) it happened near the bay 101 casino in san jose. kron 4s sara stinson is live with the details. sara? im live at bay 101 casino where the california highway patrol continues to investigate a shooting. the casino is right off highway 101 and airport parkway near the san jose international airport. the shooting happened last night there was a heavy police presence here and the casino parking lot was tapped off surrounding a car that had multiple bullet holes. i spoke with a security guard here who says a man was shot near the freeway in his car and he drove into the casino parking lot for help. people here called 911 and the man was sent to the hospital with at least one gunshot wound. we are still waiting to hear back from chp san jose to confirm these details and see if

that was the case withma 's, which surprised investors today with downbeat holidayresults. the lackluster performance prompted the company to cut its outlook for profits, sales and gross margins and that knocked f the wind oute stock sending it down 17% today, its worth one-day performance ever. courtney reagan starts us off tonight from indianapolis. >> adisappointing holiday sales report for macy's is the grinch that stole christmas from other retailers today. macy's sales in november and december grew more than 1% with a double-digit sales increase online. but that was below what the department store pected. macy's ceo said the black friday weekend was strong. sales weakened in mid-december and didn't return to expected patterns until the week of ma chri sales were weak in women's sportswear, cosmetics, fashion jewelry and watches. there was a fire at a distribution center and a sales event didn't go as as a result, the retailer lowered its earnings sales ando marginast for the year. while macy's has reported four straight quarters of same-store sales growth, investors ar

big changes just around the corner as we enjoy our last day in the 60's under mostly sunny skies. after today temperatures will cool into the 50's for the rest of the forecast along with rain looking likely tomorrow night and then again into the weekend and the start of the next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( james ) breaking overnight... pg&e has officially filed for bankruptcy.( darya ) kron 4's will tran is joining us now live with what more on this development and what it means for customers. will? ( will ) breaking overnight... pg&e has officially filed for bankruptcy... this comes after the california public utilities commission voted to allow the company to borrow up to $10- billion to pay for operations. during monday's meeting... the commission passed the waiver saying it was the only way to ensure safe and reliable gas and eletric service will continue to flow to california homes and busineses. protesters spoke out both inside and outside of the state building.

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lows and the s&p 500 is actually up a point now. away from the 2600 mark. 43 points and the nasdaq is unchanged. the 10 year u.s. treasury 2.71%. let's have a look at some currency because we are getting some action there today. the mexican peso is all the way at 1916. plenty of strength for the mexican peso. presidentar from the somewhere around 2:00 or at least we will see him arriving in texas. sterling, 127.66. all of this helping the dollar index strengthen today. -- 95.40 95 point 40 today. the dollar index has been one to watch in terms of setting the overall tone in terms of the markets. we are watching what is happening down in westminster. shinzo abe has just completed his opening statement. we are now into the q&a. we will come back to that very shortly. this is bloomberg. ♪ ♪ 's from bloomberg world headquarters, i am shery ahn. >> i am kevin cirilli in washington dc. welcome to bloomberg "balance of power." abeheresa may and shinzo a conference. you can watch the full event on the bloomberg at live go. here in the unite

big changes just around the corner as we enjoy our last day in the 60's under mostly sunny skies. fter today temperatures will cool into the 50's for the rest of the forecast along with rain looking likely tomorrow night and then again into the weekend and the start of the next week. no major hot spots. bay no major hot no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. richmond bridge drive less than 20 min from the toll to 101 ( james ) police are looking for a person who hit and killed a motorcyclist and then drove off.( darya ) friends and family of the victim say he leaves behind a two -year- old child. jessica mensch has the story. as an emt, yuriy oleynik was always the man called out to help people in crashes....but last night, he became the victim.((dmitriy fichenko, friend))'itús gonna leave a hole in my heart.'family and friends say the 27-year-old was killed in a crash here on walerga road near big cloud way in antelope.the other driver, sped off.((carla shires, co-worker))'for his life to end so tragically...itús a shame. weúre all still in s

hand guns are rising in popularity in the u-s. er of americans who own guns has dropped over the past 40-years... those who do are more likely to own handguns. that's according to a new study just released this morning. the study also found that as handgun ownership increased, so has the number of children who were killed from firearm injuries. researchers say nearly five-million children in the u-s... are in homes where at least one gun is loaded and ánot locked away. ( james ) for your health this morning... we are learning more about the injuries caused by electric scooters. researchers found that 92 percent of those injured in scooter accidents were riders... and only four percent of them wore helmets. and nearly half of those who were injured sufered head injuries. e-scooters have been growing in popularity here in the bay area and all across the country. ( darya ) several stores including walmart and costco are recalling fresh fruit over listeria concerns. the recall applies to fresh peaches, nectarines and plums from jac van

for more areas while holding onto the upper 50's a little closer to the coast.skies will be sunny and dry again today just as they will remain for the rest of the week ahead. wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. golden gat bridge drive time less than 30 min from 37 to the toll plaza. richmond bridge drive less than 20 min from the toll to 101 ( darya ) in national news... the government shutdown is affecting the fbi and the way it protects us. ( james ) the organization says the shutdown is slowing down fbi agents' work on counter- terrorism, drug and gang enforcement and other national security matters. drew petrimoulx has the story. it's more than a month into the government shutdown that f-b-i agents say is now effecting the core of their mission. "the agents and support employees will continue to do the very best we possible can with what we have, but that is getting much more difficult day by day." to drive home the impact -- the fbi agents association released a re

big changes just around the corner as we enjoy our last day in the 60's under mostly sunny skies. after today temperatures will cool into the 50's for the rest of the forecast along with rain looking likely tomorrow night and then again into the weekend and the start of the next week. no major hot spots. bay bridge wb 80 is less then 30 min from thmaze to sf. ( james ) breaking overnight... pg&e has officially filed for bankruptcy.( darya ) kron 4's will tran is joining us now live with what more on this development and what it means for customers. will? ( will ) breaking overnight... pg&e has officially filed for bankruptcy... this comes after the california public utilities commission voted to allow the company to borrow up to $10- billion to pay for operations. during monday's meeting... the commission passed the waiver saying it was the only way to ensure safe and reliable gas and eletric service will continue to flow to california homes and busineses. protesters spoke out both inside a outside of the state building.

its falling sideways because the w i picking up, as wert. it s overnight, and it to continue on throughe day an most of the midwest. as you say,re things moving ea. ov the tempera also down,re so wow in the d 20s or so, around 25. expecd to go down, as . ov a pretty intense storm gnow. onlyng to get worse. south flight slide off an omaha runway not a hint of what's to come weeken injurs report. e a reopen late friday r a brief shutdo, with ofe pos flight safety is our top prior with 4,700 flighy and than 500 cancel more treac travel with winter sto watch d warnis in pla acrosshe as a major y s moves than 100 milli ameri its path. from kansas to new jy g states of emerge the s has the poten del every, every winter r opt that mother has. or later m moves to the northe e snow accumn totalh two t2 to . e goverr banni tract on both intere . er warni the sleet d freezg rain may hit where doesn fall. l that, and t storm plungg well below averag warned to clear that going to freeze, and l be a sheet of off by >> bitter cold weath to last into next h in c

we had so much crazy volatility for the s&p 500, now to the upside.at the s&p 500. >> it has pulled back to the uptrend line, and now it is having a rally. it has gone back into the thattance, the breakdown supported 2018 trading. this is right near the 50 day moving average. , you practically had a 50% retracement of the decline. it could go further towards 2800, which would be the point rallies stopped, and you could go back to the high. the question is are we looking at a bear market rally or something that can move through. i don't think that is at all clear. if you look at the bottom panel, this is where in october we got a monthly momentum sell signal. these are structural sell signals. if i walked back in time to march 2015, that is where we got the sell signal. the price was still in the high level. for aained on the sell year and move back to a buy in september 2016 at the same level it gave you the sell signal. it would have avoided all the ups and downs that occurred in the process of defining this ultimately is a new trend up. , ok. follow

the teen's body was recovered in an elementary school parking lot. kron 4's j.r. stone is following the story and has the latest on the investigation. this is 17 year old mohammad othman. a teenager found outside central elementary school in belmont monday night. life saving efforts were given but othman was pronounced dead at the scene. officers say he had been shot. they origionally responded to the school after receiving a call from his family members saying they believed he was at the school and concerned for his safety. tuesday belmont police with the help of other departments searched this pleasanton house on blossom court. it's unclear what the connection is to the case but neighbors tell me the homeowner moved here from belmont over a year ago. police believe othman knew his killer but won't say what the connection is. the young man was a football player at carlmont high school in belmont. his coach jake messina described him as a "happy go lucky kid" who was "fun to be around" and a big part of the school winning a championship. ( robin ) that was j-r ston

as overdose deaths increase in the u-s. (ácommercialá) but when's the last time you shared a moment like that?ore, or felt like this? or screamed, like... that? it's time to make some magic for as low as $70 per person, per day. (robin ) the start of our work week was pretty quiet around the bay area ... but things could change pretty soon... kron 4's charles clifford has the details on how crews are preparing for this week's wet weather... nats the san francisco puc said that crews were out and about across the city checking and clearing drains on monday morning. a single clogged storm drain can flood an entire intersection.natsacross the bay in oakland, sausal creek. . which usually rages with water during big storms. . .was quiet on monday. dog walker was out for a stroll with canon. she doesn't mind the rain but takes advantage of these breaks.sotnatsalong 80 in berkeley a very light rain fellaround 3 oclock , but it wasn't enough to cause any real problems. natsin marin county, san anselmo creek. . a notrious spot for f

tweet from the internet then the s. and p. five hundred is up seven percent thus far during the government shutdown on pace for its best shutdown performance ever so triumph is the best ever the best shutdown and u.s. government history and shutdowns great again. so the average. how the s. and p. five hundred does during a government shutdown is up zero point zero point three percent his is up seven percent so twice what's up seven percent the s. and p. five hundred up market oh right yeah so his stuff market's doing very well while this government shutdown it could be saying something negative about the government that the markets are doing so well once he shuts his government down well remember jane powell got the meaning of the plunge protection team together when the markets were down heading into correction territory or bear market territory yes i was statement actually who tweeted it he. decided to get the plugs protection team together which was a conspiracy theory up until steve nugent confirmed that there is a group wi

some of thisto get level on the s&p 500? i we going to test these resistance -- are we going to test these resistance levels? gina: we need more visibility to develop the conviction to get there. when the have breath come back to the market, investors coming back with conviction to push us higher. to develop that conviction, i think you need to get through two things. you need to get their brexit. it is having a massive downdraft on confidence in the european economy, and that is filtering through to the rest of the world. and you probably need some signal we are going to have resolution on trade. those big things are weighing on confidence right now. the fed is doing everything they can to backpedal on tightening. the central bank is doing everything they can to improve liquidity conditions. it will be tough to get past aversionts of risk until you can clear the air with respect to trade and brexit. would agree. maybe we don't need a full resolution on trade. if we could have some kind of be enough to would drive the market

the t-s-a says wait times were within the normal range. lly wait about 30- minutes in standard lanes and t-s-a pre-check flyers normally wait about 10 minutes. one of the youngest victims of the government shutdown. the 12-year-old is waiting for 4 thousand dollars that the federal government owes him. he took advantage of a program offered by the department of agriculture to borrow money in order to s for the county fair. heres how it works: kids that take the loans then raise money to pay the government back... but they're also required to giveng raise... even if it's more than they owe. with the promise they will get any excess money back. keith raised four thousand dollars more than the two thousand dollar loan he got --- and is stuck now waiting for his check. ( darya ) a u-s-d-a ( darya ) a u-s-d-a official confirms keit

edinburgou to the community beach house to hear 's gold coastnia era. >> back in the 1920's, the part of the santa monica beach that was north of the santa monica. -- santa monica pier was referred to as the gold coast. it was called this because many movie stars and movie industry executives had homes along the beach. it was a very special place to live. these stars and executives would walk along the beach, go to each other's homes for dinners and barbecues and parties and morning coffee. it was quite the place to be seen in the day. we are at the marion davies guesthouse, part of the annenberg community beach house. it is the story of three people. marion davies, the star of silent films and talkies, and julia morgan, an architect, and william randolph hearst, who purchased the property for marion davies. william randolph hearst and marion davies were lifelong companion's. they were the left of each of each other's lives. marion davies grew up as one of four sisters in new york. all of her sisters were in the follies. they were dancers. marion was a brilliant dancer and also very b

market, the s&p 500 -- closes at 2574. the s&p absolutely must hold 2581 business that was the february low spent three and a half weeks below the level people said that's a doomsday level. now bumping up from the low on that same level. and i don't mean it's magic. an exact point but the zone is where you would want to see real buying the market is healing itself, repairing itself volatility index down. oil down treasury yields up removing that sense of panic around the same fundamentals of a couple of months now. >> michael, friday was massive gains and two good days to start. you start to feel encouragement we have seen the bottom in december >> i am encouraged and i think really the market was pricing in before powell made his adjusted comments that the federal reserve was going to be perhaps imprudent in terms of raising too fast and i think now that it's pretty clear he's backing off that dialogue and it's my expectation you're going to continue to see progress on the trade front with china i think that the fundamenta

the corrections officers... border patrol and ice agents and t-s-a officers. out 380-thousand federal employees will be furloughed and 420- thousand will be forced to work without pay as the shutdown continues into the new year. so far there is no comment from the white house. ( will ) still ahead on the kron 4 morning news... a thai boys soccer team captured the world's attention in 2018... but it was just one of the big intertanional stories to make headlines. we take a look back. ( will ) and after the break... it is one of the most anticipated movies of 2019. we take a look at all the excitement growing around the new avengers film. ( john ) and i am tracking your bay area forecast. (ácommercialá) (áábreakáá) happy new year! plenty of sunshine to kick off the new year with chilly temperatures and windy conditions again today. high temperatures will range from the low to mid 50's before boosting into the latter part of the week. ( will ) in entertainment news... it's still months away, but anticipation is high for the next "avengers" movie. rick damigella ha

the longest government shutdown in u-s history now enters day 24. 0-thousand federal workers are no closer to ge.in the president and congressional democrats remain at an impasse as president trump continues to demand more than five- billion-dollars for a border wall ---while democrats refuse to agree to that request.some gop members voicing their concern about the shutdown's impact on national security. <"we are simultaneously defunding border security. the border patrol, cbp and the coast guard... the three entities responsible for border security, all in the name of a border security argument. it makes no sense. we have to open the government up. then we need to have these discussions.">( darya ) negotiations between the white house and congressional staff to reopen the government could resume today. ( james ) in the east bay... money is getting tight for federal employees as the partial government shutdown enters it's 4th week. so the east bay coast guard spouses club is stepping up. they began giving away donated food and supplies they've been c

the utility... and that its bad for both ratepayers and fire victims. kron 4's dan kerman explains what it could mean.. pacific gas and electric company filed for chapter 11 bankruptcy tuesday. in a statement p,g and e says the bankruptcy filing "will facilitate the orderly, fair and expeditious resolution of the liabilities that have arisen and will continue to arise in connection with the 2017 and 2018 northern california wildfires." those potential liabilities could reach into the billions of dollars... and while the utility says bankruptcy "will make sure that we have sufficient liquidity to serve our customers and support our operations and obligations." others say this will not benefit customers whatsoever. sot mark toney/ the utility reform network :36bankruptcy is a disaster for ratepayers becausewe will have to pay billions to get creditors payed the claims payed, we are now still paying for the 2001 pge bankruptcymark toney is with the utility reform network sotthe bankryuptcy filing by pge is a scam to get out of accountability in the wildfires and fa

it is time for the stock of the hour. s, union pacific is headed for its best day since april 2009, up more than 9% at its the today after the company announced the selection of an industry better reign as its coo. kailey leinz is here with more. as i said earlier, industry veteran is almost the obvious choice and this market capitalization is now 2% greater. kailey: a very special industry veteran, with 40 years at the national railway and a protege of hunter harrison, a railroad legend. he worked under harrison for 10 years, and harrison is the late forer ceo of union pacific nine years before he passed away last december. so there is a lot of positivity that the new coo will carry out his strategy specifically with the railroading system, which harrison pioneered. so analysts really heralding the selection, saying the new ceo should be able to carry this out at union pacific. they started this earlier the year and one analyst says it marks another milestone for union pacific and it reduces the helementation risk because

time, the s&p did downgrade. >> that is right. this is reminiscent of the last time during the debt ceiling crisis of a few years ago. fish move first issuing a warning for the s&p actually did it. it is a shot across the bow government, like i said earlier. it does not matter whether it is trump's fault or democrats fault. ultimately, it is a government issue. they have got some time but they don't have a lot of time. it continues, we are in day 19, what does it mean for legislation in the next 6-12 months? >> until they can get over the hurdle, nothing is going to get done. mitch mcconnell is holding the line. there may be little pieces of a tangential legislation but basic the government to shut down in the legislative process has been shutdown pending this agreement. >> can i take it back to the point vonnie rage -- raised, drying a connection between the government shutdown in the debt going, has the story surrounding the debt ceiling changed in as much as we're going through is a different time between the democrats and repub

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the u-s constitution requires the president to brief congress on the state of the union. letter.. pelosi asked the president to move the day of the state of the union... to after the government has reopened... or else do it in writing. < rep. nancy pelosi/(d) speaker of the house: "this very big deal. it is a very special security event. // and we've never really had a state of the union when government has been shut down since the budget act in the 70s. // this is a housekeeping matter in the congress of the united states so that we can honor the responsibility the invitation we extended to the president. you can make it from the oval office if he wants." >(robin ) pelosi does have the power to stop the president from delivering the speech at the capitol. both chambers of congress have to pass resolutions to actually green light the annual address. neither the house nor the senate have done so yet. ( robin ) we're continuing to follow storm damage... here's a look at the storm tracker 4 radar... we have the latest coming up. >> dr. stanley: remember this: cannot change t

on the day, we have big movers. leaders and laggards. 7.1%.s- ual united up relief, after bearish news. 5.6%, as we have people raising price targets on shares. nordstrom lower on a disappointing quarter. low end of the range. goldman sachs lowering the rating, plus price targets cut. pg&e, another day lower on the bankruptcy fallout. let's look at the british pound. roller coaster. 1.5%, quicks, down recovery, now trading even. the pound should get support from softer forms of brexit. interesting day. vonnie: we are all about that. thank you. still with us, megan green. we talked about brexit, britain. today is a red letter day for theresa may. let's move to china. we have been ignoring it over the last couple days, given the developments around the world. china is stimulating its economy. how much does this indicate trepidation on the part of authorities and how much is this just a plan getting rolled out? megan: the slowdown was the plan. it started in 2017, deleveraging. the trade on top of that and the data has been unambiguously awful. th