Major averages muted after the rally that closed last week. Dow and s p breaking a three week losing streak nasdaq best week in a month. Tech stocks are part of the story. Where are the buying opportunities . Christina hooper joins us with larry glazer good morning to you both good to see you. Do you think anything fundamentally changed as a result of the talks . No, but i think markets got ahead of themselves. I mean, lets think of it not as phase one, but phase 0. 5 the u. S. Thinks they made an agreement, china doesnt necessarily believe the same stocks got a little ahead of themselves, but there are always opportunities to find tech gems out there. Where are they . At least, what leads you to them in this environment now . Well, i advocated that chinese took looks very attractive, that has been beaten down since the u. S. china trade wars began seen small recoveries, but there are a lot of opportunities in chinese tech. Why do you think the administration is trumpeting partial deal
How he answers this, but this is is kind of what was addressed down in front of folks in washington, is this something thats endemic in the entire industry . I think this is something people want to get to the bottom of. I would just say nailed it. Did carrie tolstedt, the woman who ran the phony account unit, was she a direct report to sloan . He said yes. I believe its not enough. These guys are probably really good bankers, but there was a scandal here, you know . And in some ways there was probably some relatively criminal activity. So im not sure him as a replacement is the proper replacement. You got to think if he goes up on capitol hill, the tone and tenor of those questions are going to be just as aggressive. Fierce and aggressive as they were the first time around. If were asking questions within an hour after the news breaks, these senators, these congresspeople have days, weeks to prepare theyre line of questioning. You got to think theyre going to be ten times harder. Does
Spurned them, either because i didnt believe they could help, or because they cut off my upside. Even if they cushioned the inevitable downside. In other words, the rules kept me from making a huge amount of money when things were going gangbusters in order to keep me from losing big money when things went badly. The house of pain. The rules i am discussing tonight keep you in the game, even when you even when things are tough and you make those mistakes. The rules protect you against your own bad judgment about whats going on in the companies you own or whatevers happening in the market overall. But if you were going to make money using stocks because you just cant get much of a return anywhere else these days thats pretty much the case. You are going to have to work harder with your money to do so. And that requires discipline. Discipline. Because once you start buying and selling stocks, you can make more mistakes than if you just but if you do nothing with your money youll have a w
Didnt believe they could help, or because they cut off my upside. Even if they cushioned the inevitable downside. In other words, the rules kept me from making a huge amount of money when things were going gangbusters in order to keep me from losing big money when things went badly. The house of pain. The rules i am discussing tonight keep you in the game, even when you even when things are tough and you make those mistakes. Your own bad judgment about whats going on in the companies you own or whatevers happening in the market overall. But if you were going to make money using stocks because you just cant get much of a return anywhere else these days thats pretty much the case. You are going to have to work harder with your money to do so. And that requires discipline. Discipline. Because once you start buying and selling stocks, you can make more mistakes than if you just money youll have a whole lot of nothing to show for it. Thats why we are doing a show tonight on how to trade and