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 scare you . They had to frighten you and we had the old gray Hedge Fund Managers telling us how foolish we are to consider looking at stocks. Call for caution, and obituaries were, of course, f. A. N. G all i can say is, these bears are darn lucky that the a in fang stands for amazon, because if it stood for apple, their miserable lives would be made even worse after tonights magnificent quarter. The
Its the euro dollar. As that has been under pressure its put some pressure on the market. Also stay with us for an exclusive interview with lift ceo logan green. Ride sharing Companies Like lift and uber are under fire recently. Theres a lawsuit from drivers that could increase their labor costs. The question is are drivers employees or are they contractors, independent contractors in relationship to uber and lift . Big difference. And theres an interesting point diane made on our panel just at the end of the last week where she said were becoming sort of the next generation, a 1099 generation not a w2 generation. A lot of odd jobs that ultimately has to prout youvide you a standard of living and health care. These questions all underpin the conversation were going to have. Very, very important. Lets show you how the markets are trading right now. The dow is about at the highs for the session with a gain of 232 points. 1. 3 same amount percentagewise for the s p which is up 26 points a