You can feel the pain the house of pain. Its the pain of the bearish Money Managers being overridden by the you guessed it. And thats precisely why i dont expect this pullback to last too long. Because we have a powerful force pushing this market higher. Im talking about the herculean attempts by Money Managers to keep up with the galloping averages and the heartache those averages are causing. All aboard all right. Lots of people have been talking about the return of the little guy to the market and how thats driving stocks higher. Oh, yeah, its a factor. Its only a piece of something much bigger that may be behind a huge amount of this historic january advance that i got to put in context for you and ive got to do it tonight. It all begins with a Fourth Quarter Gross Domestic Product number we started the day off with. Here we go again,. 1 drop. Especially when you consider the 3. 1 gain we had in the previous quarter, thats amazing. This number was mindnumbing. When i saw it, i shou
The most Innovative Software on the planet. Dragon is captured. Is connecting todays leading companies to places beyond it. Siemens. Answers. Begins with back pain and a choice. Take advil, and maybe have to take up to four in a day. Or take aleve, which can relieve pain all day with just two pills. Good eye. Im jim cramer. And welcome to my world. You need to get in the game. Firms are going to go out of business and hes nuts, theyre nuts they know nothing i always like to say theres a bull market somewhere mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, im just trying to save you a little money. My job is not just to entertain you but to educate, so call me at 1800743cnbc. Even on days like today where the fed didnt say anything we didnt already know, but people used it as an excuse, an excuse to take some profits. Dow dipping 44 points, s p sinking. 39 . Nasdaq declining. 36 . You can feel the pain
1. 02 and the nasdaq plunged 1. 14 . I think being old is a good thing. Whats so great about being old, simple, i remember things. Things that can be valuable to all of you because ive lived and traded through them. Right now, of course, were in the midst of earnings season. Boeing missed the forecast, is the honey moon at yahoo finished in the wake of the not so hot quarter and the slowdown . In a normal day, we pick them apart, questioning whether facebooks quarter as good as it looks. I think it is. These are in the normal times. Forces that are not necessarily bigger than individual companies that make up our stock market can still trump them shortterm. Lets set the tableau you and me. Nothing to do with the earnings report, which like every other day have been good with only a few real stinkers. Typically on the guidance, too, not the quarters themselves. The weakness is from emerging markets and likely impact on our own stock market. This spillover effect, this waterfall is somet
Bridde. If you look at the road sensors, you can see the 4 is a lot of red. 6 00, lets go back to the desk. Police in san mateo are investigating a gun battle inside a home in an usually quiet neighborhood our reporter spoke about why the investigation is going beyond the city of san mateo. Reporter we just learned that this was a gun pat will. One person was shot, possibly two more. This has been roped off this street right here. It police say theyre going to be here for hours. This is being treated as a homicide scene although police are not confirming anyone was killed. When Police Arrived they found a 24yearold man who had been shot in the shoulder. He lives in south norfolk. Police say they have solid leads. Were aware that there were two gunshot victims that walked into a hospital or appeared at a hospital in san jose. There are gunshot victims in san jose war theyre trying to figure out what happened. We have a gun battle in san mate tow. Were trying to explore the possibility t
Irrational and immoral in fact to worry about the coronavirus than the annual flu. Identity politics trumped Public Health and not for the first time. Awoken us is a colt. It lets you die before the admitted diversity is not her strength. So fastforward to today. What began as a regional outbreak in the city of lujan china is now spreading across europe. Parts of italy shut down tonight and Catholic Services in in some places funerals have been suspended indefinitely. Take a look at a Grocery Store in milan. Italy old italys italys industrial capital, the buying in bulk with a Natural Disaster which this is and its moving f. Confirm thousands of cases of the disease so far and japan with infectious at the same level. The virus has been reported in iran. At least 12 people have died so far but one lawmaker says the real death toll is at least 50. Apparently International Sanctions dont stop the coronavirus. On friday, the centers for Disease Control warned that its possible, even likely