Sure it helped but we were roaring long before that, thanks in large part to efforts of two brilliant chief executive officers stocks were high dow and nasdaq and much comes to the performance of two stocks, cisco and walmart. Which pleasantly surprised us with their numbers these are both turnaround stories people nothing proves worth of a ceo like executing a turnaround. Doug mcmillon, took over three careers ago and led remarkable revolution at retail giant where 100 Million People shop each week, monster company. First thing he did, drop a bomb. Told us would spend as much as possible to take on amazon, seemed fanciful at the time but said do with service and better paid work force. Understood the weakness was keeping good people. Training new people is dead weight raised price they paid people. At the time viewed as heresy now seen as brilliant. Walmart still run with input of the walton family. They want to win phenomenal 50 online growth this company runs like walmart of old, th
Ruled the mornings around here, each time i cohosted, introduce me as reverend jim bob cramer from the church of whats happening now. Fun back then. Everybody running personal hedge fund understanding that stock could be here today and gone tomorrow. Everybody was fine with it those days are long over if you recommend a stock for trade, say buy it today for analysts meeting and sell tomorrow, always will be a Youtube Video kicking around that shows you liked the stock, never gave the sell call weve gone beyond that taking it to the next level. Introducing you to the concept of suitability what stocks fit you, what investments are right for you, not today or this month but age and temperament. First heard of in Goldman Sachs. Buying for myself and individuals for half a decade before that. Watching Financial News network between classes at Harvard Law School predecessor to cnbc. Had Research Reports about stocks on a catch as catch can basis. Nostalgic to look back at what i would do af
Of rules this is something that a lot of people dont seem to understand. So after a day where the dow gained 58 points, the s p advanced, nasdaq declined 1. 7 i need to explain how a bull market differs from a bear market or an order fair market last night i got a lot of praise for coming out and admitting what i think is the obvious, yes, this is a rip snorting bull market its driven by the fact that the Global Economy is doing much better for a lot of reason people dont want to acknowledge this either theyre trying to fight the take or go against the stock market or be caught on camera saying something positive in case the market goes down the next day and they end up looking like a moron in case somebody replays the tape on youtube. Im more concerned looking like an idiot than more concerned that you may be scared away from the stocks lets dive right into it this kind of bull mark, stocking can go higher than you think the discipline you need to be in this changes in a normal market
Or cold pay patrol number at th Payroll Department and you get the kind of benign action that gets you multiple opportunities to make money. Nasdaq falling. 74 . Thank you apple. Yes, this was the biggest opportunity, apple with the stock soring up 4. 39 after an amazing quarter 891 billion market cap. I say own it dont trade it. Could we get to a trillion dollars . If the company does well but theres plenty of others who couldnt master kushlgt pin action that comes from the iphone having such great numbers, as well as impossible take overs in the Technology Sector at the same Time Healthcare stabilizing, even the oil seem to be climbing high. Oil going through 25 suppliers the benign back drop continued continues next week. I dont know, because if theres one day where its going to take a breather its going to be up monday quad come was up a bit seems like this Semiconductor Company always locked in and may catch a break. Even though i dont think kwaqud comwants to sell at all. It may