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CNBC Fast Money Halftime Report January 8, 2016

A year. Stocks have given back their early gains from that strong jobs report. The real question, josh, is where in the world do we go from sneer how disappointing do you think it is that we dont have a meaningful bounce to talk about off of a great jobs report and maybe some stabilization in china if you want to call it that . So the s ps off 9 1 2 from its alltime high. The russell, though, is down 19. Which is something weve pointed to very frequently. And i think its pretty obvious that at this point were in a down trend. The worst thing that could have happened this morning was a big gap up and thats exactly what happened, and thats why it failed. I think the most important thing for investors to understand is that the big up moves, the big oneday rallies, they all occur in down trends, they all occur in bear markets. 22 of the 25 best days for the dow jones of all time took place when the market was below its 200day. So the worst thing you could be doing right now as an investor ....

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