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CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

Should dow gaining 22 points. S p advancing 1 nasdaq 1. 2 the truth is there is a lot of rot underneath and many investors are in denial about how bad things can be for some of the weaker players out there. The ones actually involved with the economy, the ones that dont have bullet proof Balance Sheets consider this weekend Warren Buffett presided over a somber annual meeting instead of festive investing. We had an older gentleman with brilliant answers followed by questions with becky quick tell you to stick with it. This time he wasnt bullish by any stretch of the imagination last week i tol...

CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

How many does it take to stop a raging bull a bull that produced the best month for the stock market in 33 years . I think we might have found out today. Looks like 30 million. Yep, just as we learned that we had the best rally since january of 1987, an admittedly inauspicious year, 1. 2 is the slowest pace this month. We also got incredibly bad news. Jobless claims bring it to 30 million over the past six weeks. No wonder the dow tumbled 288 points, nasdaq shed. 28 today this was an explosive situation. The market was overbought. We have again another Great Depression with the unemployment nu...

CNBC Fast Money Halftime Report July 13, 2024 - Vimarsana News

CNBC Fast Money Halftime Report July 13, 2024

Points 24,148 s p 500 is trying to get to 29 in it own right. There is the nasdaq. Its up better than 2 its pushing the door now on 8900 its about 100 points or so away from going positive for the year steph, youll get first crack at this today because you own alphabet and amazon and facebook and apple and microsoft. We have a 2 gain for the nasdaq this move has been nothing short of remarkable. It really has when you look at top names in the nasdaq, its not really a surprise they would hold up so well in challenging environment. These companies are the definition of quality. Remember the last...

CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

Whole move, just fueled by Wishful Thinking are we whistling past the graveyard here after a strong day dow gained 133 points, up more in the beginning. Nasdaq climbed 1. 3 . I think those are the wrong explanations its not Wishful Thinking. Its that i keep telling you that we have two markets, right. I told you why the s p doesnt work any more. We have two markets. We have all that stuff that went down and im going to go over that and then, of course, whats in the nasdaq in science and technology thats whats responsible for the phenomenal move. The nasdaq is barely down for the year yeah, and...

CNBC Squawk On The Street July 13, 2024 - Vimarsana News

CNBC Squawk On The Street July 13, 2024

And you told your club members this morning were done selling for now. You raised the cash for when or if the market starts to revert to its old ways. Weve been selling into this strength and have to set up for another leg down why . Were about to go into earnings. Mcdonalds this morning reported some bad numbers and withdrew forecasts. We may see more of those once april 14th comes around. Its earnings season when we come back from the holiday, i think well have earnings cut earnings cut. I donennt think this is didnt where do we think earnings are trending, with so many guidance pulls, we go...