Southwest, at t, dow and Union Pacific this morning, jim, the hard thing today, jim, is going to know where to start. Yeah, i mean, look, i think last night the news flow was, as you said yesterday, heavily weighted toward microsoft which people regarded as disappointment i think that disappointment is not having the greatest quarter in the world, lets just say that today i think that the focus is whats going to happen when these benefits end and which companies are going to be able to continue to deliver the numbers. For instance, chipotle had a great number, will that be impacted whirlpool had a great number last night will that be impact snd what are we going to see with southwest air we had a fantastic interview with american and then secretary mnuchin i felt once again sounds like theres some room to get a deal done. We need a deal or else were going to find ourselves with a consumer who is too strapped and i think that thats what im looking at for next week and then of course im
In other words, no matter how much you may love a stock, if the rules say sell sell, sell, sell you sell it. One thing ive learned from my investing crew, no matter how much you might believe in something, you violate the rules of the road at your own peril. Thats why we obey them religiously with the charitable trust, and theyve become our core guide for the cnbc investing club, which i want you to be in. Where the heck do the rules come from . Its not like they were hand down from high. The five commandments from the history of the world part one. Theyre not like the laws of physics, the way markets works, that you can induce gravity. No. The rules come from my experience. Thats right. From my experience. I spent over 40 years in this business. And in that time you Better Believe ive learned some powerful lessons. In many cases i did have to learn them the hard way. And because i dont want you to repeat my mistakes, because i want you to have the benefit of my whole career, tonight i