S p dropped. 41. Nasdaq only fell. 15 . That sums up the week. Stocks suffered broad declirs, and, of course, the reasons for the decline had nothing to do with what happened during the week. Heaven forbid it matters what companies are saying. With the exception of the misleading fiasco of jcpenney, we had good news, mergers, break ups, surprises from companies as big and prominent as nike. Which reported a fantastic number last night in part, because, are you sitting down, western europe, where sales of orders were sensational. Talk about a comeback. No, no, no, the selloff is all about whats going to happen next week. So lets game plan it out to see if we should still be selling first, not to mention second, third and fourth and asking questions later. One thing is for certain. I could have a picture of the white house and the house of representatives with boxing gloves on next week making a fight card. But that would be wrong. They arent even wearing gloves anymore. The president sa
S p dropped. 41. Nasdaq only fell. 15 . That sums up the week. Of course, the reasons for the decline, anything that happened during the week. Heaven forbid something companies are saying. With the exception of the misleading fiasco of jcpenney, we had good news, mergers, break ups, surprises from companies as big and prominent as nike. Which reported a fantastic number last night in part, because, are you sid sitting down, western europe where sales of orders were sensational. Talk about a comeback. No, no, no, the selloff is all about whats going to happen next week. So lets game plan it out to see if we should still be selling first, not to mention second, third and fourth and asking questions later. One thing is for certain. I could have a picture of the white house and the house of representatives with boxing gloves on next week making a fight card. But that would be wrong. They arent even wearing gloves anymore. The president says he wont negotiate over the debt ceiling which see