Detailed text transcripts for TV channel - CNN - 20161203:00

Detailed text transcripts for TV channel - CNN - 20161203:00:50:00

>> in the middle of the night people were, when the shocking results came in market sold off around the world. >> it was so short-term. >> and it wasn't done in the united states. it was done by traders over seas and once u.s. traders started it went occupy. >> people came in and started buying. a flood of retail money. and i think there is just, you know, you tend to measure the market on fundamentals or technicals, which is the chart patterns. but the often overlooked aspect is sentiment. and the sentiment here is what's clearly driving this market and it is relief that regulation is going to be rolled back. there is going to be tax relief and infrastructure spending in the market. so there is a lot of optimism here. but, you know, again, no -- nothing -- this is sloo like the honeymoon phase. but nothing goes up forever.

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