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CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

Sell in part because were worried that theyll report not so hot earnings that includes early this morning when the market got severely oversold before rebounding the no one wants to own a stock unless it can report whats known as a bte, a bte meaning a better than expected quarter the tyranny of bte has cast a pall over this market. But now the earnings season has actually arrived with pepsico kicking things off, many stocks are down big from their highs, and im starting to think that theyve fallen so far that bte is the wrong concern [ buzzer ] instead, we should be looking for quarters that ...

CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

To the inability to get a nafta replacement deal done with mexico and canada, to the federal reserves lack of sensitivity to the strong dollar put it all together and the industrial economy just cant catch a break. And thats why the market exploded higher on that robust employment figure. Dow gaining 373 points, s p soaring 1. 2 nasdaq surging 1. 40 it didnt hurt that we were oversold look, i know the Unemployment Rate is down to 3. 5 lowest in nearly 50 years. But it has to do with the makeup of the economy the manufacturing side of the ledger is not just doing that well the weakness in manuf...

CNBC Mad Money July 14, 2024 - Vimarsana News

CNBC Mad Money July 14, 2024

Something. The best stocks, theyre never cheap. They rarely come in. And when they do, you got to be ready to pounce. Buy, buy, buy the good news, rarely is not the same as never. Every now and then you do get meaningful pullbacks in truly high quality stocks. The bad news, when those pullbacks happen, most people tend to be too afraid, scared to do any buying. And you know what . I cant blame them case in point. The stock of costco. I think the world of costco. Im a proud costco member. Gold star. My wife lisa is an executive club member. She lords her status over me every time i shop there, ...

CNBC Mad Money July 14, 2024 - Vimarsana News

CNBC Mad Money July 14, 2024

Investor that it would be hard to keep track of everything you do and a lot of this stuff is much more important than the day to day action. Without the right discipline, the right frame working the right dare i say philosophy, youre going to get yourself into trouble but i also know big picture Financial Advice is hard to process a lot of it seems down right contradictory to most people we tell you to have conviction, to stick with the companies you believe in and say you need to be ready to change your mind on the dime you need to be cautious because its so dangerous out there but you also n...

CNBC Mad Money July 14, 2024 - Vimarsana News

CNBC Mad Money July 14, 2024

Dutyfree. Sounds a lot like falling stock prices, doesnt it the averages started strong. But after the news broke the dow ended up plunging 281 points s p plummeted. 90 , the nasdaq fell 1 . One fell swoop, President Trump has given the hard liners exactly what they want if you import goods from china, hes making you pay, no exceptions that includes the iphone no wonder apples stock reversed it went from up big to just, well, ugly because its the most visible importer suddenly everything either they need to eat the tariffs or they need to make their phones even more expensive relative to samsu...