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Transcripts For CNBC Mad Money 20170609

Most vicious rotations i have ever seen. It brought some of the rocket ships screaming back to earth. With the dow advancing 85 points, the s p declined. 08 . The nasdaq plunged 1. 8 . Thats just a recovery from even lower levels. Were starting to see that buy f b its a breather, people, it had to happen eventually, you just cant have stocks go up day after day after day on nothing new. Which is exactly what was happening on the supertech stocks. Yesterday afternoon we started to see the money rotating into the down and outer stocks. And then the buying, the template for high growth, but it was an nvidia versus nordstrom battle. Nordstrom had been ice cold until the companys management decided to talk about going profit. To me, that was a wakeup call to cause us to responder whether or not we had gotten too bullish on the market. It got crushed at the opening, it ended up at plus 2. 83. This was just day one of that rally. What surprised me the most today, though, was that the rally al

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