Program Traders News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Yesterday was a classic day of rational pessimism. what happens on those kinds of days, the dow starts going down, you get the day traders coming in, program traders, it kind of takes on a life of its own, but if you step back from that, which is what i was doing all day long, as was the president, just look at the fundamentals. hey, this economy is doing gre great, we've got investments flowing in here, record low unemployment -- >> sandra: also and escalating trade war. and certainly, that uncertainty was what we saw play out with that sharp sell-off yesterday. granted, it was an orderly sel...

Unemployment at record lows, and the best part of the trump economy is that the people at the lower end of the income stream, the trump voters who work with their hands they're the ones who are benefiting the most from the falling unemployment and the rising wages so this is look, this is an adjustment. it's not even a correction. the economy is rock solid. we're moving forward. importantly the federal reserve has announced it's no longer going to be announcing interest rates far in advance it's going to look at the data instead and make choices and the beauty of the trump economy, maria, is t...

In the stock market. once things go down you get the program traders in. here is the thing. this president has a vision. deregulation, tax cuts, lower energy prices. balancing our trade. which is the foundation for this strongest economic growth you're going to see ever. >> i'm out of time. >> that was too much fun. >> i would love to try to finish this conversation. but my a.p. will have my neck. >> were you able -- >> we're only a third of the way through. >> did you lead me to where you wanted to go. >> i want to have you back. i appreciate you coming on. we'll be right back. are defined by...

Christine is saying is true. >> there is a lot going on because there is that fear. it's often tough for people to not have that knee-jerk reaction. >> what's the old saying about the stock market, driven by fear and greed. wh if you look at historically the dips in the stock market over the last 50 years, in most cases they correct themselves pretty quickly. buying the dip, while right now the market is down 100, it was down 300 an hour ago, if you're in the stock market for retirement purposes, you don't want to try today trade. you don't want to time these things. >> these moves are not mom...

Greg: warren buffett. >> exactly. tax-deferred liability naturally find that ironic, don't you? greg: given his political slant towards democrats. since trump was elected the stock markets have soared no question about that but i saw a couple of headlines over the last couple of days that says investors are bracing for a downturn. why would that be, do you agree with that? >> i do absolutely. they are two reasons pretty good look at stock market valuation fundamentally which means earnings as we have been talking about but also there's the technical analysis. they been bumping up, stocks have ...