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June 26, 2024
As represented by the dow jones average, which gained 68 points. And then we had the losers, almost everything in the nasdaq down 1. 39 . Its not done going down, believe me. While the s p 500 fluctuated somewhere in between, ultimately declining 0. 35 . Remember when i said the bulls would love a market that didnt need to rob peter to pay paul . Meaning if there was enough new money coming in from the sidelines, investors wouldnt need to brutally sell stocks in one sector in order to buy them i...
June 26, 2024
While the s p 500 fluctuated somewhere in between, ultimately declining 0. 35 . Remember when i said the bulls would love a market that didnt need to rob peter to pay paul . Meaning if there was enough new money coming in from the sidelines, investors wouldnt need to brutally sell stocks in one sector in order to buy them in another. Well, we clearly havent gotten there yet. This market feels pretty zero sum right now. Today there was highway robby cares, ransom money to buy shares of industrial...
June 26, 2024
While the s p 500 fluctuated somewhere in between, ultimately declining 0. 35 . Remember when i said the bulls would love a market that didnt need to rob peter to pay paul . Meaning if there was enough new money coming in from the sidelines, investors wouldnt need to brutally sell stocks in one sector in order to buy them in another. Well, we clearly havent gotten there yet. This market feels pretty zero sum right now. Today there was highway robbery of the techs and the Health Shares of industr...
June 21, 2024
It colored a lot of the good news and sent the averages higher. The s p advanced. 38 . The nasdaq 1. 34 . The chief example, theres nothing more positive for the consumer than price competition. Consumers get so much good out of companies that compete with each other. We often forget, for example, just how fantastic the internet is to price competition. I remember when i was growing up as a teenager, if you took a rival ad in the paper to Lafayette Radio in philadelphia, they would match the pri...
April 11, 2024
“We are delighted to welcome three strong and proven leaders to the Henry Schein Executive Management Committee."