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And nasdaq gained. 18 , how do we keep track of everything . I know one way you shouldnt we dont look at some aggregate tally that tells you 42 of the companies have beaten estimates, or 24 have the guide down. Dont buy, dont buy no, these surveys are useless because who cares if a Company Beats or lowered estimates it doesnt tell us anything. No, no to find out what matters, we need to go company by company. Who doesnt even know that were in a tough environment because there business is in such good shape . Lets call that one a winner who is able to thrive . Who is struggling to hold their ow...

228 points, s p climbing. 67 . Nasdaq gained. 68 house of pleasure. You have to wonder will we get a monster run to dow 30,000 . Is this a total s p 500 jail break . Is the sky the limit thats how i feel after watching hours and hours of tape and marveling that once again we have such broad leadership from the industrials, the airlines, the financials, even the tech stops. This move is eery. Whats driving it . Oh, you know, come out here every night, same as always. Stock shortage, its really been acuteness in the industrials 401 k money being thrown at the market animal spirits a stronger con...

What has fueled this thing . We have a bunch of cattles. Lets start with the obvious, the darn thing wont go down. We had a ton of Federal Reserve officials talking about the need to raise rates. Be the market took it like a champ. The s p finishing up for the week. That was a signal. Signal that a rate hike can be handled without too much pain. The house of pain. Another possi of fed guns. Came back this week, and spoke incessantly about rate hikes. Now were rallying, and rallying hard. This market refused to go down on bad news. Something broader than fanning rallies or the minibull markets ...

5. 3 . These are the questions dominating the discourse all day. I would put it in perspective, empirically, anecdotally and emotionally. Were in an unusual backdrop. Because the demand for u. S. F z treasuries from overseas, our Interest Rates in this country are much lower than they should be hallelujah unless youre a saver. Youd expect rates to rise. Thats normally what would happen. Treasury yield should be higher, which would drive other rates higher in, again, another normal situation. But were far from normal [ buzz ] Central Banks around the world are debasing their currencies. One thi...

The dow climbed 110 points. Nasdaq surged 1. 18 to a 15year high so what exact slily is working . Lets look at the stocks that were. They tell the tale of the tape. And lets start with somebody we talked to last night. Start with John Chambers and cisco. If you go back to the 1990s, youll find one tech company that understood the year. It wasnt intel or microsoft. It was cisco. Thats because the iment net was just coming to its own back then. If you were running an enterprise, you wanted to get on the internet or have an internet strategy. You made one phone call. You picked up the phone and c...