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Weallod information that turned out to be so false, thats something that nazi germany would have done and did do. The president elect comes out swinging at his press conference. Its all fake news. Its phony stuff. It didnt happen. He says things that arent true all the time, so you cant take his word for anything. You do not have information whether its true or not. You can use words pivot, distract, red herring, all you want. The fact is its crap why this that you are fake news. Sir, can you state prtegorically mr. Enesidtelect, thats not appropriate. If you come in hot and want to be disresp...

Pelley jeff pegues, thanks. Well, with his last day in office a week from tomorrow, president obama sat down with steve kroft of 60 minutes. Reporter you didnt change washington. I changed those things that were in direct my direct control. I mean, look, im proud of the fact with two weeks to go, were probably the First Administration in modern history that hasnt had a major scandal in the white house. In that sense, we changed some things. I would have liked to have gotten that one last Supreme Court justice in there. Id like the Supreme Court to take a look. Reporter couldnt even get a heari...

The market pretty much yawned after the inauguration. Okay, dow edged up 95 points. S p advanced just 0. 34 . Nasdaq gained only 0. 28 . You know why . Because weve heard it all before. Yep, weve been living with trumps presidency in waiting for nearly three months, and i cant think of a previous elected official who has given you more of a progrowth game plan than donald j. Trump. Hes been giving a dry run for ages now, which is why ive been so flummoxed by the endless pundits who keep saying, look out. Here comes a real swoon. Now, look, swoons can happen. I think swoons, though, come out fr...

Ring the register 24 hours ago, all i kept hearing was sell the news. The trump rally is tired. The guys too divisive. Hell never get anything done. Time to take profits. Oh, you heard it too. The bulls long in the tooth. The rotations are over. A lot of really smart guys said its time to get out. Buy the puts. Put on the shorts. Sell, sell, sell. Well, they shouldnt look all that smart today. Dow surging 303 points. S p pole vaulting 1. 37 . Nasdaq soaring 1. 35 . Hallelujah this is why i always say that group think is so dangerous. Many revered Money Managers came out in the last two months ...

Because the fed has spoken, and the fed did its best to do exactly what most people want except for the bears. Hence the rally with the dow gaining 113 points, s p gaining 0. 84 , nasdaq advancing 0. 74 . You may have heard a ton of verbiage today about what the fed or didnt do. It kept in the word gradual when it talked about future rate hikes, took out the word only, forecasting two more hikes making three for the year which is not surprising. In short, the fed basically did exactly what they said they would do, and without a surprise, the market soared. Hallelujah. So why does the market ra...