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Transcripts For CNBC Mad Money 20240622

Instinct behind the selloff. The nasdaq nosediving 1. 62 . Yet, people want to sell pretty much everything right now. Particularly high growth. Or maybe everything except whats being going down endlessly like oil where the stocks bounced. Even as the price of crude failed to do so or herbalife that finally caught some lift. Whats going on here . I think this market is changing the collaration. I think the vast majority of Portfolio Managers are fearful of buying the dips. Its too frightful to do so. Let me explain. For the longest time ever since the market bottomed over six years ago if you decided to buy some down and out merchandise, you wanted to pick at some value or grab some Growth Stocks, they were bounced around by extraneous events, you did well. In fact, the best strategy this year has been to wait for the stock of the company you like to come down to the bargain price and buy it. Buying opportunities they have legion. All sorts of washingtons toxic politics gave us some rep

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