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CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

You need to balance in order to be a great investor. It can be hard to keep track of everything that you need to do a lot of this is more important than daytoday action without the right discipline or frame work and the right, dare i say philosophy youll get yourself into trouble but big picture Financial Advice can be hard to process. A lot of it seems down right contradictory to most people we tell you to stick with the companies that you believe in and then we say change your mind on a dime when the facts change. You need to be cautious because its so dangerous out there but you also need t...

CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

Sorts of agreements but something about this one feels different and thats why the market erupted today with the s p climbing nasdaq falling. 91 . These were closing level highs the question is why does this stage one trade deal feel so different to me . Ive been a skeptic. For once we have something that the fepeoples republic needs. Pork i think people dont understand how bad this african swine flu epidemic has hit china the country is ill prepared for the scourge. They lost more than half of their hogs to this disease in 2019 unchecked it could be even worse next year because most of chinas...

CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

After we got the outline of phase one trade deal china President Trump has agreed to lower some of our tariffs in exchange for, it looks like, 50 billion a year in agricultural purchases. And some much firmer protections against intellectual property theft and currency manipulation. And those last two pieces, please, youve got to understand thats what the United States is fighting for thats the real meat of the deal we need Chinese Companies steal our patents and trade secrets and we need china to swear off currency manipulation. I dont know i assume the case. I think let me tell you i want to...

CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

After an incredible session where the dow surged 223 points breaking through the key 28,000 level. While the s p gained 7. 7 . Six straight up week nasdaq raising on positive trade chatter. I think its within reach. We need to approach this with a certain amount of skepticism but theres a possibility. All that needs the to happen is that the chinese pay market prices for boat loads of pork and get an agreement that opens up their markets to our financial companies. Pork deal wouldnt even be much of a favor chinese need pork. Their pigs have been dropping like flies because of that swine flu. P...

CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

Just because a deal gets done that doesnt mean it will make sense. The dow finished flat, s p advanced 0. 7 , we need to address the merger mania because this market was dominated by deals today. Both real and imagined before we get into the weeds let melee out my position for you. I love mergers and acquisitions. The higher the stock market goes and it reduces the supply of stock floating around and anything that takes out supply is good news even if its applied to buy backs, however, i dont love speculating on mergers and acquisitions especially when acting on a tip as always, i say tips are...