Sight with this week representing the second best performing set of sessions since the beginning of the year . Nasdaq even 1. 7 . I urge you, dont get too complacent. Next week we get the real test of the bull of the month, when the fed meets on tuesday and wednesday. The bond program seems to be quite ineffectual of late. Given that Interest Rates currently available in the 10year treasury nearly doubled since the spring. Thats where our game plan begins. Lets stipulate the importance of this spending. Remember risk on, risk off . Remember that bit of tom foolery gar babage you were subjected t constantly . Whether people were feeling bullish or bearish or risky or something . You were supposed to sell or buy stocks depending upon whether beam we it was one of the stupidest sound bytes. Thats how i feel. Im getting there at least. About fed tapering. The process which the fed will roll back the program. Youve missed the whole rally weve been waiting for it. And it might not even matte
Principled in their pursuit of this objective and we can move on that issue also. And with that, madam president , i would yield the floor. A senator madam president . The presiding officer the senator from pennsylvania. Mr. Toomey thank you, madam president. I rise to address the amendment that i have. I will formally ask to call it up in a few moments, but i want to say a few words about it. And id like to start by a little bit of background and reminder of where how we got here and the circumstances that brought us to this point. And it all started, of course, with a completely unsustainable National Flood insurance progr program. I dont think theres any dispute that this program is massively in debt, its completely its been completely underwater, it was unsolvent, and there was no pros insolvent and there was no prospect for this to right i itself because of the massive subsidies for homeowners of all stripes. By the way, in addition to being fiscally insolvent and, therefore, a a
Sight with this week representing the second best performing set of sessions since the beginning of the year . S p rising. Nasdaq even advancing 1. 7 . I urge you, dont get too complacent. Next week we get the real test of the bull of the month, when the fed meets on tuesday and wednesday. Spells out whats going to happen with this Bond Buying Program that seems to be quite infe ineffectual of late. Given that Interest Rates currently available in the 10year treasury nearly doubled since the spring. Thats where our game plan begins. Lets stipulate the importance of this spending. Remember risk on, risk off . Remember that bit of tom foolery garbage you were subjected to constantly . Supposed to sell or buy stocks, depending on some read, of whether people were feeling bullish or bearish or risky or something . Im glad i stomped it out. How about fed tapering . The process by which the fed will scale back its Bond Buying Program. We have been playing that game for too long. You missed t
Have you noticed that the rallies seemingly has no end in sight with this week representing the second best performing set of sessions since the beginning of the year . Dow gaining 75 points yesterday. Nasdaq even 1. 7 . I urge you, dont get too complacent. Next week we get the real test of the bull of the month, when the fed meets on tuesday and wednesday. Spells out whats going to happen with this bond buying program. That seems to be quite ineffectual of late. Given that Interest Rates currently available in the 10year treasury nearly doubled since the spring. Thats where our game plan begins, people. Lets stipulate the importance of this spending. Remember risk on, risk off . Remember that stuff . Remember that bit of tomfoolery and garbage you were subjected to constantly. You were supposed to buy or sell whether people were feeling bullish or bearish or risky or something . It was one of the most stupid soundbite of sessions. Im glad i stomped it out. Thats how i feel. Im getting
So, who won the street fight . According to the twitter verse grasso won and thats todays show lets go to cramer. Grasso lost. Congratulations to guy adami. Time for the final trade. Lets go around the horn. Mike khouw . Im going to vote with the loser. I think the cat calls look cheap so im going to make a bullish play that way. See, mike likes your trade. Thanks, mike. Calling you a loser, though. Go on. Beekers . Thanks . You know, i think these stress tests certainly have been anticipated with the runup on the financials. Tomorrow might be a good day to sell some xlf. Grasso . Im going to go cat, long. Hold onto that stock. Use it 87. 60 if you want to be really conservative, 87. Tight stop. Karen . Verifone. We are flat. Out of the name. Guy . Jack in the box. Monster. All right, im melissa lee. Thank you for watching. Meantime, dont go anywhere. Mad money with jim cramer starts right now. Im jim cramer and welcome to my world. You need to get in the game. Firms are going to go ou