Markets are two hours away from the close. Julie has the latest. Julie it looks like we are around the high for the session i what is in a relatively volatile day. Things bouncing around after the job reports. The nasdaq leading gains. The readas though now on the jobs report is relatively good. Coming in above estimates. The Unemployment Rate gained, which was not expected. All this equaling a gain. Matt the read on the jobs report was positive this morning and it is positive now. Julie its just that energy weighed. On it too much matt if you take an interest increases coming forward, maybe want to sell equities . Julie right, but his that was true this morning, why isnt it true now . Im notm just saying sure that the reason i think we are seeing stocks gaining right now. You cannot just tie the moves to one reason. Julie fair enough. That is the big news of the day. The dow fell 117 at the low by 76and is now recovered point. I relatively broad one today. The two best performing arts
We had gotten so oversold, many people had been relentlessly selling for days. Money managers have become so viscerally negative, it wouldnt take much to spur a rally. Think about it, almost every stock in the s p 500 has been trashed for ages, except a narrow gro of winners in 2015, the muchanointed acronymic f. A. N. G. Facebook, amazon, netflix, and google now alphabet. Yesterday these stocks were obliterated. They were gasping for air. The bear had sunk its teeth into their collective jugular. It was like sweet honey for the grizzly. As Bruce Springsteen taught us, you cant start a fire without a spark. When we left the office last night, i know we sure didnt have one. You know what i wanted to do . It was like the old days. I wanted to sip a bottle of linoleum floor. When that closing bell rang, believe me, i would have. But the wife has me on this darn cleanse that would suck the life out of anyone, stuff it with quinoa. I wonder how my old pal Johnnie Walker would go in my spina
Obliterated. They were gasping for air. The bear had sunk its teeth into their collective jugular. It was like sweet honey for the grizzly. As Bruce Springsteen taught us, you cant start a fire without a spark. When we left the office last night, i know we sure didnt have one. You know what i wanted to do . It was like the old days. I wanted to sip a bottle of cheap scotch on my dirty linoleum floor. When that closing bell rang, believe me, i would have. But the wife has me on this darn cleanse that would suck the life out of anyone, stuff it with quinoa. I wonder how my old pal Johnnie Walker would go in my spinach smoothie that now passes for dinner at the cramer household. Anyway. Before i settled into especially getting trashed as usual, and the now voting Federal Reserve member from st. Louis was giving a speech on fed policy this morning. Could there be a worse setup . My only solace, it had been years since we have been as deep as minus 8 on the s p capital oscillator, something
Close. We had gotten so oversold, many people had been relentlessly selling for days. Money managers have become so viscerally negative, it wouldnt take much to spur a rally. Think about it, almost every stock in the s p 500 has been trashed for ages, except a narrow group of winners in 2015, the muchanointed acronymic f. A. N. G. Facebook, amazon, netflix, and google now alphabet. Yesterday these stocks were obliterated. They were gasping for air. The bear had sunk its teeth into their collective jugular. It was like sweet honey for the grizzly. As Bruce Springsteen taught us, you cant start a fire without a spark. When we left the office last night, i know we sure didnt have one. You know what i wanted to do . It was like the old days. Linoleum floor. When that closing bell rang, believe me, i would have. But the wife has me on this darn cleanse that would suck the life out of anyone, stuff it with quinoa. I wonder how my old pal Johnnie Walker would go in my spinach smoothie that no
Could be quickly undone, we had a terrific rally, even as we gave up some of the gains at the close. We had gotten so oversold, many people had been relentlessly selling for days. Money managers have become so viscerally negative, it wouldnt take much to spur a rally. Think about it, almost every stock in the s p 500 has been trashed for ages, except a narrow group of winners in 2015, the muchanointed acronymic f. A. N. G. Facebook, amazon, netflix, and google now alphabet. Yesterday these stocks were obliterated. They were gasping for air. The bear had sunk its teeth into their collective jugular. It was like sweet honey for the grizzly. Spark. When we left the office last night, i know we sure didnt have one. You know what i wanted to do . It was like the old days. I wanted to sip a bottle of cheap scotch on my dirty linoleum floor. When that closing bell rang, believe me, i would have. But the wife has me on this darn cleanse that would suck the life out of anyone, stuff it with qui