Powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is up next. Cory im cory johnson in for emily chang, and this is lumber Technology Bloomberg technology. After massive gains, can be tech continue its run . And President Trump resizes amazon on twitter. Should the tech giant be worried. And more from our best conversations of the year with candid discussions with c palmer and meg whitman. The sector outperforming the broader market, breaking records , up nearly 30 for the year i did not see the final numbers,. Pretty dam close to that it was a really amazing year. Just across the markets, i think. You have been investing in tech as long as i have known you. What a run. David it was a good run, but it. As a nasty close today in the scheme of things, i think what really distinguished tech was that growth was scarce and secular growth stories, as characterized by corey you mean topline growth in technology . David i mean
Bronx in about three minutes, but by that time, the fire had spread throughout. They were able to rescue a dozen people. Several more were critically injured and are said to be fighting for their lives. Police promising a bigger security detail than ever before in times square for the upcoming new years eve celebration. It caps a year that saw a number of deadly attacks including a vehicle assault at the same spot where revelers will bring in 2018. An army of snipers and back in spending officers will be deployed along with metal the textures and bombs trained to find explosives. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is up next. Cory im cory johnson in for emily chang, and this is Bloomberg Technology. After massive gains, can big tech continue its run . And President Trump resizes and President Trump once again criticizes amazon on twitter. Should the tech giant be worried. And
1800734cnbc or tweet me jim cramer the market will never go down enough to impress you, stocks will pull back for certain but only damaged merchandise look like opportunity the dow lost 112 point, s p sank 97 . Nasdaq down 2 . Youre looking for cheaper stocks of solid companies, not broken stocks of broke businesses so, when you have a really punishing day, but only a few good stocks have actually fallen far enough to become attractive, what the heck are you supposed to do . Ive got a set of disciplines im about to share with you that forces you to confront the nothings down enough, lame excuse for not taking action yes, i think its a lame excuse. Thats a probability on any different day youre going to get a full repeal based on earnings so thered be suddenly bargain ga look, you got really lucky. So let me give you cramers rules for selloffs during earning seasons. Earning seasons fault with a general list and its quite different than every day selloffs one of the calls i like to hear
With President Trump one year after the election on a day were all three major indexes hit three record highs dow up, s p gained 1. 4 , nasdaq up 2 . I think we got to take time and ponder the strengths trump is as pro business as it gets the s p rallied 21 since the election however the president has a lot less control over the economy than we like to pretend. The tax of germany rallied almost 28 kospi of South Carolina up 27 none of those are about trump right . Whether you got a Global Economic expansion stocks tend to run higher, regardless of the politics, style or substance of the leader the president s been a terrific salesman for international companies, best in my life time for certain. Making it clear that Foreign Countries want to appease him they need to buy and build american hes an old fashion list china chopped full of ceos who wants more business. Thats a big change when trump was elected and many people thought hes do a trade war with china to bring jobs back to this c
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