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Transcripts For CNBC Fast Money Halftime Report 20160602

Future is going, and goldman taking down the numbers today, and all raises the new questions for the investors to consider, and steve weiss, you considered it and shorted apple this morning . Yes, the second time short this week, and there is a story ta broke from nike saying that it is going from the twoyear cycle refresh to threefyear, and that is news that they are running out of technology, and innovation, so, that is why i did that. I went back today, because the analysts typically seem to follow the herd, and not all of them, but some. Goldman is cutting the number, and mary meeker who used to be a real, real force in the business on the sell side that is, and she is in private equity or venture, and goldman, and so analysts will now look at their numbers and come out and do the same thing, and cut estimates, and so it is purely a momentum trade from the longer term holding standpoint and going out a year or two, it is a hold, but it is nothing that i am excited about right now.

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