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Enough, dow dipping 22 points, s p rising 0. 04 , nasdaq advancing 0. 24 , lets face some facts here. We are fraught with expectations that may or may not pan out on the side of the bulls this week. First lets just deal with what i call the setup. For weeks now weve seen group after group move up. You know that. The health cares, the barnks, te insurers, the Home Builders, the industrials, the techies, so much others. Look, it has been quite a bull market. But last week, last week stalled out, and there are myriad stocks that look like theyre topping or cant get much further without some sort ...

It was indeed a benign selloff. Before i give you some examples, let me explain the concept of bids underneath because this is a technical term used by professional Money Managers. I want you to understand this stuff. These professional Money Managers have Actual Experience in buying and selling large chunks of stock. They dont just do the Analytical Research about why a stock should be liked or disliked. Thats what we usually talk about on mad money. Now im going to talk about trading mechanics. Stock sinks, there are people who are ready to stand there and do some buying. In short, buyers ar...

Should be on fire right now, but instead they are houses on fire. And theres no letting up in the flames even as the averages rebounded hard today after opec announced it might cut back half a Million Barrels of production in november. I think this is more of the same where they rumor the price higher, which worked again, taking oil up almost 5 , and then kind of do nothing meaningful, which is also what keeps happening on these kinds of deals. Nevertheless, as i have said over and over again to you, anything that drives oil higher takes stocks higher, and thats the dow ultimately gaining 111 ...

Instead they are houses on fire. And theres no letting up in the flames even as the averages rebounded hard today after opec announced it might cut back half a Million Barrels of production in november. I think this is more of the same where they rumor the price higher, which worked again, taking oil up almost 5 , and then kind of do nothing meaningful, which is also what keeps happening on these kinds of deals. Nevertheless, as i have said over and over again to you, anything that drives oil higher takes stocks higher, and thats sure what happened today with the doti points, s p climbing 0. 5...

With heearnings season around t bend wont i be dis appoiappoin with what i hear . Today the averages started strong before pulling back. Dow slipping 21. S p dipping and the nasdaq. 36 . Its a good day to tackle the question. I was with my fabulous daughter all weekend and couldnt give anyone an in depth answer. I apologize. If i had a chance i would have said the action, the stock action is dictating my attitude. The action that has so many stocks hitting new highs in the last week alone. Some of it tends to happen right before you go higher. Not right before you fall off the cliff. Consider ...