To teach you how to learn from both my wins and my mistakes so you can replicate the wins at home but avoid the losses. These are all taken from real Life Investments made with my Charitable Trust, where we document every trade in realtime so we know what went through the minds of both jack moore, our research director, and myself contemporaneously as we tell you what we would do before we pull any trigger. So often were restricted because if i mention one of the portfolio stocks on air on season, the trust is frozen, and the trust cant take action. But we can tell you what the trust would have done. Sadly, because of the restrictions the trust really cant do as well as you might be able to do the bulletins from actionalertsplus. Com. But these lessons well learn tonight, they encompass all the moves we could have made and did make. Ill spare you the gritty details of the actual bulletins but i wanted to fill you in on the misjudgments that lead to losses and the correct thinking that
Both my wins and my mistakes so you can replicate the wins at home but avoid the losses. These are all taken from real Life Investments made with my Charitable Trust, where we document every trade in realtime so we know what went through the minds of both jack moore, our research director, and myself contemporaneously as we tell you what we would do before we pull any trigger. Because if i mention one of the portfolio stocks on air on season, the trust is frozen, and the trust cant take action. But we can tell you what the trust would have done. Sadly, because of the restrictions the trust really cant do as well as you might be able to do the bulletins from actionalertsplus. Com. But these lessons well learn tonight, they encompass all the moves we could have made and did make. Ill spare you the gritty details of the actual bulletins although we write them, i think, the misjudgments that lead to losses and the correct thinking that leads to gains. First let me describe the process by w
Number came in a confused everyone. Julie we are still seeing troxel stocks trade lower. Eurozone, wethe get manufacturing data that was not worse than expected but only , justsmall expansion above the 50 line. In the u. S. , the number came in ahead of estimates and was not that far above 50. Nonetheless, we are seeing not a positive reaction. The nasdaq is leading in terms of gains. Its not even of one full point. The dow and the s p have been lower intermittently. The dow is the laggard just like yesterday. The s p 500 over the course of zigzag,had a kind of almost going positive at one point midmorning before dropping back down. June has not been a very favorable month for the s p 500. This is a busy screen so focus on this column. This is the june column. The average decline in june over the past 10 years has been 1. 5 . Six of the past 10 june 7 negative. It has not been a kind month. Worstays session, the drags her in the s p 500. Apple, microsoft, General Electric are all slidi
The i o income, rick rider rick rieder. Cuban in aup, Mark Bloomberg exclusive. It is an attribute you dont want to miss. Three words are my favorite for today, dead cat bounce. Jonathan futures firmer up by one full percentage point if you looking at the s p 500. In london, a firm session, up high 2. 4 . Stoxx 600 got pounded friday, monday, we are up by 2. 7 at the moment. I will get to the other Asset Classes for you. The first post brexit day of gains for sterling. 8 after the biggest twoday drop on record for the pound. Looking at yields creeping higher, reflecting sentiment today. Up for basis points on a 10 year yields that is low, down 1. 47 on the u. S. Tenure. Alix never would have thought you would have seen that in march. Lets go around the world and check in on the Bloomberg Team for indepth coverage of the top stories. We have complete coverage on the latest brexit and market developments with live reports in london, brussels, berlin, and portugal. Jonathan lets bring in
Stock s are reacting some turbulent traffic ahead. And is that welcomed . Yes. It is, because of the optimism for the economy itself, and the appearance of inflation, and the 0. 4 on the pricing index is for anecdotal because we have Domestic Companies with sales that are up 30 over last year. We are are rocking it in america right now. And im telling you that there is no recession, so why not a rate hike, because we could take 25 basis points right now. And doc, neutrals on the stocks in the next 12 months, and the bank of america says it is a swoon, and why are they wrong . Well, kevin, like the optimism as always. And honesty. Yes, but i am not optimistic on the markets reaction it to, and the market can take ut and 25 basis points is not going to knock the wheels off, but the market will sell, and sell hard if they raise rates minutes after the rates increased. And why is he wrong . Didnt we get an indication of that and a couple of people talking about rates and the market will lo