CNBC Mad Money June 29, 2016
Overs. But today the dow roared, the s p rocketed. And the nasdaq. We have another phenomenon at work. And its called rerating. Something when one Company Gives us a newfound positive. Were basically upgrading stocks from hold to buy mentally. Now today we had a whole host of reratings. It colored the whole tape so to speak. Its true that we cant go poof, or voila. You need a special backdrop to make the magic happen. Its all been done by analogy. Its about being willing to buy something at a higher price, because you think yesterdays price was just plain too low for that enterprise. Amazing a...
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