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Still in the red but a much better picture than it looked this morning. Abigail what a roller coaster on the day and the week. We had big gains from apple and tesla. This week, not so much. Nonetheless, the worst week since june for the s p 500 and the nasdaq 100 since march. The nasdaq down 1. 3 . Pressurehat selling really came off. The new york faang index down 1 at the end of the day. Some of this happened as value money seemed to give a tailwind to the macro sentiment. Yields really backing up on the day. Not confirming the degree of the selloff. I think what we had going on here, technical selling, the moving average, really looking for it in the morning. A very solid test there. The question is, will those nearterm buyers continue to step up . If yes, probably some Choppy Movement to the upside. If not, it could get ugly really fast. On the week, talking about really brutal losses here, the faang index down sharply. Howeve ....
Something. I think it wants to go higher t need as nudge. Here is great news. We have lot of folks with their thoughts some even agree. Ed yardeni is bringing back a word jay powell didnt want to hear again. Billionaires are closing ivy league wallets over failure to attack amass on the attack in israel. Jim iurio on that. Plus im making a plea to macys on behalf of miss mable. All that and so much more on making money. Charles all right, lets start with the word of the day, maybe of the last few months with respect to the stock market right, interhooks. Interhooks, the. Tenterhooks. Drying out clot, a novice waiting, that is where we are right . Were seeing some of this news comes out. We get a kneejerk reaction if the tenterhooks release themselves. This is particularly overreaction to the selling side. I think that is the case with respect to retail sales. Who monitors this closely my friend, phil blancato. I like that word. That is where we are. Tremendous debt costing us a lot of ....
Reminded of what my friend, michelle obama, advised us all. When they go low, you go high. Trump invited bill Clinton Accusers to the debate as the gop fallout continues over his vulgar 2005 comments about women. Sot trump and when youre a star they let you do it. You can do anything. Sot donald trump president ial nomineethis was locker room talk. Im not proud of it. I apologize to my family. I apologize to the american people. Sot Hillary Clinton president ial nomineei think its clear to anyone who heard it that it represents exactly who he is. On the issues. They spared over taxes, healthcare and trump raised eyebrows when he disagreed with his running mate over military action in syria. Sot donald trump president ial nomineehe and dismissed that moment and rumors that hes leaving the ticket after the gop nominees lewd comments. Sot gov. Mike pence vicepresident ial nom ....
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