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Played out exactly like i predicted. We shook out the weak hands on day one, people gravitated to safer stocks on day two. Yesterday, day three we had the final rejudgurgitation of the techs. The dow gained 73 points, brand spanking new alltime high someone let the president know im saying its a high again the s p and nasdaq both gained of course, during that decline, what happened . What happened . These people, the bears, came out of the woodwork. Trying to explain why they were right to hate the market the whole time and why youre a loser if you continue to be in this market. Didnt they sca...

S p declining 0. 08 and the nasdaq advancing 0. 02 , we had them all. We need to do an autopsy to make sure we have the right cause of both the advances and the selloffs. So lets examine the cross currents. You know ive been saying that there will be some days where some Republican Leaders try to slow the trump agenda. Take apart the tripod that this rally rests on, a speedy end to regulation, fast repatriation of foreign money and Corporate Tax reform. In the last 24 hours, the gop Alliance Trump needs to move fast on the tripod of reforms, the ones that have helped stocks immensely, is showi...

All right. Im tired of hearing about the koolaid as in cramers drinking the koolaid again. On a day like today where the dow gained 107 points, nasdaq cliemded 0. 64 , i got to tell you, i know what the koolaid looks like and what it takes like and this aint it. I actually covered the horrific event where the phrase drank the koolaid came from. Back in 1978 i was a reporter covering everyone who died violently in california for the late lamented harold examiner. I was assigned the actual jim joans case, the man who lured 900 of his followers to his death because they did drink the koolaid. Tha...

Expected to roll out a revised exec tifr order on immigration today. Well talk more about the economic impact. First up, stocks are looking to extend weekly winning streaks. The s p and nasdaq each up to six. The dow posting four straight weeks of gains since the bull market began about eight years ago today it has generated more than 21 trillion in new stock market wealth. In fact, today is the anniversary of the dows crisis low, 6,400 and change, of course the s p and haines bottom come in a couple of days. There were a lot of people believe the asset class tarnished back then and havent com...

Buying into weakness. Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spades, rick clemmer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more ...