You can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deliver fantastic quarters but have the misfortune of reporting on a day when oil goes down. That could be where the opportunity comes in. What do i mean . Lets take salesforce. Com which reported the best quarter of any Technology Company in 2016. You know i dont like to chase. The stock missed almost 10 after the quarter. I said you have to be careful because there could be some turbulence
their german puppet masters. today was no different. dow tumbling 31 points. that was quite a comeback from earlier european-inspired losses. don t you love that? ultimate cliche for the last two years. but tonight i am dedicating this show to how easy it can be. yeah. if you simply know how to think about the way the stock market works and the way you work! that s right. tonight i m going to work a little magic and pull a portfolio out of not a hat but a bag. my dopp kit, my kit bag. and augment it with some basic kitchen staples you and i all know by heart. i am not trying to say this business is simple. no. they ll lamb baste me for that. i m saying it can be a bit of a simple exercise when you use a pearl-lined prism when the answers are right in front of you. edgar allen poe could have been the great portfolio manager quote the raven, buy low, sell high. let s go through the contents of my kit bag, the moment i get out of the shower. first because i work out before th