The United States makes major policy decisions based on the day to day action in the stock market is it wrong when he puts his thumb on the scales of favor of the bulls . When i say that trump is the most stock market sensitive president in modern history, im talking about days like today where the dow jumped 372 points, s p surged 1. 48 and the nasdaq went 1. 95 all because the president delayed some key tariffs that were supposed to go into effect on september 1st instead, certain important items like laptops, like cell phones are now exempt until december 15th so at the very least, Many Companies have more time to adjust and maybe they never get hit at all if the chinese agree to make real concessions why did he do it i think President Trump soaw the market melting down yesterday. Right on the heels of a major pull back on friday. And he took action to turn things around. After all, he does want to get reelected next year. Its easy to do when stocks are in great shape if you own sto
Im here to level the Playing Field for all investors. Theres always a bull market somewhere, and i promise to help you find it. Mad money starts now hey, im cramer. Welcome to mad money. Welcome to cramerica other people want to make friends. Im just trying to make you some money. My job is not just to entertain but to educate and teach so call me at 1800743cnbc or tweet me jimcramer. Now, i know the president is a place to do business, and threatening sanctions against unfair trade practices, but another way to do business with america. You can buy one of our finest exports. With the fact that the defense is the only thing republicans like to spend money on, no wonder this group has been so strong hopefully lockheed will say something. A Modest Company that cases a quick dip so you can get in. Each quarter pfizer tries to come up with something new to intrigue us. Abbvie is up 13 i wouldnt hold your breath if you are waiting for that kind of thing from pfizer. Pfizer is like a utility
Las vegas and our hearts burst, our shoulders heave. We feel nothing but sadness. However we know it is part of a continue yum this isnt the end therell be others is it simply realistic ironically this stock market is as real as it can get. Nasdaq advancing 4. 2 all to new highs. As we quick off the Fourth Quarter i see stocks go higher as people believe in progress and people find ways to dredge through troubles waters. For example, our secretary of state is working to try to diffuse the situation of north korea, avoid a nuclear war this man, Rex Tillerson is doing everything he can to get the chinese to final clamp down on kim onun right at the moment looks like hes making process. President trumps comes out and belittles his mission and saying tillerson is waisting his time and rocket man, hell be dealt with in a different fashion. My jaw hit the concrete when i saw this we have what looks like to be a wholesale rebellion in a part of spain thats long desired its independence you go
You need to understand its seemingly unrelated developments can actually have a lot in common. Im talking about the unveiling of apples new smart music device, the home pod, and the departure of Mickey Drexler from the top job at j. Crew. What does a high end speaker system have to do with the resignation of a retail ceo . They help define whats working and not working in this crazy stock market. If you dont know mickey. Hes the legend who turned gap into a powerhouse and left to ignite j. Crew. He succeeded behind his wildest dreams at crew. That was his second second gig. People tend to forget that, i dont. Seven years ago, he was doing so well, he and two different private equity firms took the company private. For the next several years, things went well for mickey. Like so many others who sell apparel, particularly in the mall. Things started to go down hill. The same store sales have been down for 11 of the 12 lost quarters. Not unlike a lot of others. Given that mickey is one of
They think this is unsustainable and were in a dangerous position sell sell sell. The house of pain the dow dipped six points the nasdaq advanced 0. 38 . I want to address this reluctance to believe in the bull head on by going over the top ten reasons why investors always seem to have one foot out the door, despite the fact that weve had one heck of a run, from the lows way back in march of 2009. So lets go right to it. The first one, weve been hearing it for years the bull has run for too long. Its now on its last legs. Put aside the fact that bull markets dont die from old age, but die from recessions, rate hikes or new ipos. Weve had three serious corrections. One in 2011, when the s p 500 downgraded the Credit Rating of the united states. And in 2015, fears of a chinese collapse and one in february of 2016, related to the collapse of oil so this stocks entered bear market mode that its almost like weve had three bull mar t markets. Thats why i cant buy into this senile bull feces.