Believe it or not, this is actually the kind of decline you want if you are a bull. We cant keep realallying on the news over and over again. President trump and president xi could hammer out a trade deal. Rallies need more and more fuel. Without it you end up on a day like this one. It reminds us that stocks can go down, too. So what did make today so soggy . All the red hot cloud based enterprise stocks, they were dethroned today. Yesterday sales force told us it was buying Capital Software for a huge premium. Everyone figured that every company in the sector and cloud kings would have takeover biz. These stocks deserve to come back down and they did. They got what they deserve. Helps businesses. Work day just reported terrific quarter down seven. Cooper software, like them. Amazing companies, amazing companies, also stocks get hammered. Think of it as cloud royalty being led to the yesterdays cloud rally was all about froth. Anyone in the industry can be a target. I think thats absu
Good afternoon. Im pete. Daily ceo and publisher of the Naval Institute and i our audience both here in the jack Taylor Centers lockheed auditorium and our remote audience whos joining us online. And so for those who are here, i just ask you to stand for a minute. And lets say the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands. One nation under god individual liberty and justice for all. Thank you. Special shout out to admiral katcher, whos the acting superintendent and one of our Naval Institute press authors. This is a moment todays event demonstrates what the Naval Institute is all about. Were an open, independent, Nonpartisan Forum that dares to read things, speak and write. The institute its inception 150 years ago. Its coming up the anniversary in just a couple of weeks. Supports our men and women in the sea services and has always championed their viewpoints, their exchange of ideas. The title of toda
Good afternoon. Im pete. Daily ceo and publisher of the Naval Institute and i our audience both here in the jack Taylor Centers lockheed auditorium and our remote audience whos joining us online. And so for those who are here, i just ask you to stand for a minute. And lets say the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands. One nation under god individual liberty and justice for all. Thank you. Special shout out to admiral katcher, whos the acting superintendent and one of our Naval Institute press authors. This is a moment todays event demonstrates what the Naval Institute is all about. Were an open, independent, Nonpartisan Forum that dares to read things, speak and write. The institute its inception 150 years ago. Its coming up the anniversary in just a couple of weeks. Supports our men and women in the sea services and has always championed their viewpoints, their exchange of ideas. The title of toda
Good afternoon. Im pete. Daily ceo and publisher of the Naval Institute and i our audience both here in the jack Taylor Centers lockheed auditorium and our remote audience whos joining us online. And so for those who are here, i just ask you to stand for a minute. And lets say the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands. One nation under god individual liberty and justice for all. Thank you. Special shout out to admiral katcher, whos the acting superintendent and one of our Naval Institute press authors. This is a moment todays event demonstrates what the Naval Institute is all about. Were an open, independent, Nonpartisan Forum that dares to read things, speak and write. The institute its inception 150 years ago. Its coming up the anniversary in just a couple of weeks. Supports our men and women in the sea services and has always championed their viewpoints, their exchange of ideas. The title of toda
Good afternoon. Im pete. Daily ceo and publisher of the Naval Institute and i our audience both here in the jack Taylor Centers lockheed auditorium and our remote audience whos joining us online. And so for those who are here, i just ask you to stand for a minute. And lets say the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands. One nation under god individual liberty and justice for all. Thank you. Special shout out to admiral katcher, whos the acting superintendent and one of our Naval Institute press authors. This is a moment todays event demonstrates what the Naval Institute is all about. Were an open, independent, Nonpartisan Forum that dares to read things, speak and write. The institute its inception 150 years ago. Its coming up the anniversary in just a couple of weeks. Supports our men and women in the sea services and has always championed their viewpoints, their exchange of ideas. The title of toda