Gary Calfon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Last second there. get to your place in a chair in front of the camera to talk about this. thanks, guys. as i do this next fellow. gary joins us on the phone. make you watched "cavuto live." he said we're in a bear market. he said most of the stocks in those averages with well along that route. sure enough, gary, that compounded today. what do you see happen something. >> yeah, look, this has been going on for a while. it just didn't start today. you know, with bear markets, they surprise to the down side. what i think happens today and charlie gasparino is right, leverage is coming off. margi...

The big institutions see that. so they tend to sell more. when you get to the -- >> neil: what does that mean after that? when that happens, what do you look for, gary? >> lower prices. the amazing part about this for me, we had a wicked bad action in thanksgiving week, which is normally a strong week. now in december heading towards the holidays where normally it's strong and institutions can't find the price. we mean the big funds, the hedge funds, the mutual funds. looks like more is happening. all the bubbles like the bit coins and the weak stocks that are ridiculously valued. since the ta...

Wto and contributes risk to global growth. shares of health insurance companies down a negative territory after a texas judge ruled that obamacare was unconstitutional. so you can see shares. we'll bring them up. molina, you have hca healthcare that we can show you shortly, too. all you can see. there you go. all on the screen down. 10% closing for the day. that weighed heavily on markets. i want to bring up oil. oil traded below $50 a barrel. concerns of slow down across the globe and the fact that the u.s. dollar is climbing higher. that makes oil more expensive for other countries and the s...

Nervous. market watchers gary calfon is here with more. gary, we worry this leads to other things. with the best of intentions, the pendulum can swing the other way. i'm wondering whether we're looking at more regulation of these guys who have had not in the past. what do you think? >> neil, it's not arguable over the 15 months that the stock market flew to the upside that the two stocks that led the way were boeing and amazon. boeing now is in the cross hairs potentially because of retaliation on tariffs. now amazon potentially in the cross hairs of the president because he does not like the ...

They don't pay that. so what ends up happening, the big cities like albuquerque, new mexico, they're missing out on tens of millions of revenue. so that trickles down or doesn't trickle down and the mom and pop store suffer. that's what the real problem is. will the president be able to regulate that on a federal level? probably not. it's a state and municipality situation, not necessarily a federal situation. >> neil: whether it is or not, gary, what i'm wondering, does it give a good excuse for investors to sell the stocks, whether it is amazon or facebook and the others getting hit. maybe i...