Tweet me cramer sometimes your goal is to simply not be shane out of a great stock. You dont want to get so disturbed or dismayed that you turn into those unlucky people who buy high and sell low. They know nothing a time under way to lose money. We saw the launch of the iphone ten and it caught the entire session. Averages rose to the alltime high nasdaq inching up. 09 but apple was down apple stock is all about the difference between trading and investing. I was both a trader and investor for 21 years principal ofessiony taking longterm and shortterm positions. I can only invest and im severely restricted in what i can do but not what i say. Invest requesting trading require two different mind sets. When you invest youre going in for long hall. As club members will hear once again, you need to be disciplined. You dont want to buy all at once you buy gradually in stages on the way down when you neinvest when youve done your home work and believe in the store the stock goes cheaper tha
A selloff in the markets. Another 1 move to the downside. Thats three in five sessions, actually. The fed minutes, as we said, coming this afternoon. Yum cutting its forecast for the year. The scandal in china continues to weigh on sales. Jcpenney is holding its investor meeting today. The stock has almost doubled since february. Is jcp really back . More retail numbers today. Costco earnings are out. Theyve beaten estimates on the top and bottom line. First up, stocks are looking to shake off Global Growth numbers. The dow suffering its worst day since late july. The s p falling 1. 5 , settling at the lowest level in almost two movanths. The worst day for transports in about eight months. Oil today below 87. If cramer were here, he would say that is pointing to real demand concerns around the globe. A sign, as you say, of just slowing growth around the world. Thats the key. When you talk to people this morning as i did or even late yesterday, first thing they catch is oil. Down today
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