2 to an alltime high, and the nasdaq gaining 40. Its hard to tell if were going to have a fall or a run for the roses. Despite the seemingly placid root of the market, i think its very important for you to get your head afternoon this standoff. With 40 home game members and the newsletter i put out by my travel trust. While many didnt share my legal of optimism about the individual companies that i endorse, meaning that those companies were right here, right now. Several others were down right bearish. One person wanted to know what would happen to my trust when the federal government took away all the liquidity. Another argued it was time to go headlong into precious metals, his menu . Gold coins, gold stocks and gold bullion. When i said a portion of peoples assets should be in gold. He pressed me, he was speaking a lot more than just a portion, maybe a majority. Finally there was a curious discussion among several of oust over some real good mescal, that there would be some tax refo
Michael farr, ceo of farr, miller and washington. Mr. Wonderful himself, kevin e oleary himself the markets have turned south. The Dow Jones Industrial average is down 158 points about 3 4 of 1 . The nasdaq is your big decliner. That is down 1. 73 well get more in the tech weakness coming up the yield on the ten year note is in fact inching a bit higher today. John najarian you pointed out before the show that there is a lot of things we can point to but that euro was weak what is the root cause of what we are seeing today . I think some of the comments from draghi and some of the things that have been going on over seas, not the lack of growth i know kevins going to hit on that for sure because thats one of his big points about why you should be invested in europe, but i think people just decided to take a little off at the end of the quarter here, kev i think the europe spillover came over into our markets, brian, because buy room or sell news, it was virtually assured perhaps wells
More valuable than credibility. Its awfully hard to come by and easy to lose. But when a ceo has credibility, you know that his or her stock is worth buying as it comes down. Buying into weakness. Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spates, rick clemer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up free scale, a maker of chips for the autos and internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying 17. 6 billion for this
Buying into weakness. Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spades, rick clemmer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up freescale, a maker of chips for autos and the internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying monstrosity and it felt the company was always a few steps away from deaths door. But to him it was a way to diversify the footprint away from the cell phone and towards autos and internet of thing
Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spades, rick clemmer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up freescale, a maker of chips for autos and the internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying company was always a few steps away from deaths door. But to him it was a way to diversify the footprint away from the cell phone and towards autos and internet of things. Now qualcomm is buying it for 110 a share. This