Isnt that outrageous . I thought this was only supposed to be an up year for heavens sake. Look out. Weve got a new type of investor in town. The selfish ungrateful shortterm play whole feels entitled to the point of absurdity. How do i know this . Pretty simple. I go on twitter at jim cramer and read about people attacking me for recommending a stock that is dropping a point and a half. A 2 decline to these new byes is a plummet. 3 drop is disastrous. A 4 decline, who knows. They might not even live to tweet about it. Now, at the risk of calling myself a pro, something im entitled to do, i think, because ive managed money profession professionally for more than three decades, let me tell you how you need to view these kinds of, yes, painful declines. First, im going to make you a fly on the wall for conversation both online and then at the office with the coPortfolio Manager of my travel trust cnbc contributor stephanie link on this later this afternoon, these conversations occurred t
Points, s p declining 1. 13 and nasdaq sinking 1. 4 . Isnt that outrageous . I thought this was only supposed to be an up year, for heavens sake. Look out. Weve got a new type of investor in town. The selfish ungrateful shortterm player who feels entitled to the point of absurdity. How do i know this . Pretty simple. I go on twitter jimcramer and read about people attacking me for recommending a stock thats dropped a point and a half. A 2 decline to these newbies is a plummet. A 3 drop is disastrous. A 4 decline, who knows . They might not even live to tweet about it. Now, at the risk of calling myself a pro, something im entitled to do, i think, because ive managed money professionally for more than three decades, let me tell you how you need to view these kinds of, yes, painful declines. First, im going to make you a fly on the wall for a series of conversations both online and then at the office with the coportfolio manager of my Charitable Trust cnbc contributor stephanie link on t
Ill never know how far my arms can reach around you i never know the way imus in the morning youre going to like this. Were starting a new week and in ten minutes stocks look set to go up some more. Good monday morning, everyone, yes, the early indications are that you will at least hold onto the big gains you made last week. Armageddon hasnt hit. D. C. Is at least exchanging ideas. The jobs report was encouraging. And ben appears willing to keep printing money. And dont forget profits at near record levels. Add it all up, it is not a recipe for a big selloff, even though were coming up on a series of alltime highs for the dow. I say this is a pretty good way to start the week. Yeah. Varney company is about to begin. [ indistinct shouting ] [ male announcer ] time and sales data. Splitsecond stats. [ indistinct shouting ] its so close to the options floor. [ indistinct shouting, bell dinging ]. Youll bust your brain box. All onhinkorswim from td ameritrade. From td ameritrade. All stat
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