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June 20, 2024
The dow climbing 89 points and nasdaq falling 1. 25 . I have to tell you if thats what you thought was happening, youre missing the point of how markets work. Let me put on my defrocking hat and away we go. Heres the truth. We rally because in the absence of any genuinely bad news from overseas. Heres what happens. We focus on whats really going on in the world of profits. Profits are what matter. The rest is all distraction unless it deeply impacts or hurts the numbers. Let me tell you how thin...
June 20, 2024
Said he would be a good boy or come rad. The dow climbing 89 points and nasdaq falling 1. 25 . I have to tell you if thats what you thought was happening, youre missing the point of how markets work. Let me put on my defrocking hat and away we go. Heres the truth. We rally because in the absence of any genuinely bad news from overseas. Heres what happens. We focus on whats really going on in the world of profits. Profits are what matter. The rest is all distraction unless it deeply impacts or hu...