The dow climbing 89 points and nasdaq falling 1. 25 . I have to tell you if thats what you thought was happening, youre missing the point of how markets work. Let me put on my defrocking hat and away we go. Heres the truth. We rally because in the absence of any genuinely bad news from overseas. Heres what happens. We focus on whats really going on in the world of profits. Profits are what matter. The rest is all distraction unless it deeply impacts or hurts the numbers. Let me tell you how things play out. An event occurs overseas. Nato perceives this as being threatening to the United States. We know this because somebody tells us so. Instantly the Hedge Fund Managers take action. I happened to be rerouting my hedge fund last night. I think its because these guys are paid to be right all the time. They have to make money on both up days and down days. Mutual Fund Managers who cant short stocks and can just own stocks. Theyre not expected to make money every day. Hedge Fund Managers a
Said he would be a good boy or come rad. The dow climbing 89 points and nasdaq falling 1. 25 . I have to tell you if thats what you thought was happening, youre missing the point of how markets work. Let me put on my defrocking hat and away we go. Heres the truth. We rally because in the absence of any genuinely bad news from overseas. Heres what happens. We focus on whats really going on in the world of profits. Profits are what matter. The rest is all distraction unless it deeply impacts or hurts the numbers. Let me tell you how things play out. An event occurs overseas. Immediately its perceived as being threatening to the interest of the United States in one form or another. We know this because someone in the state department or the president or maybe just some negative analyst tells us so. Incidence tantly the Hedge Fund Managers take action. I happened to be rerouting my hedge fund last night. I think its because these guys are paid to be right all the time. They have to make mo
Surround the trade 16. 25, 17. 10. Whoa. Whoa. Pete . Not only did i win our street fight tonight with csx, but selfproclaimed victory. I like that. But look at that name right there. Canadian pacific. Its going to go a lot higher. Great manager and toot toot, this things going higher. Giddy up. Lets go. Ride the train. All right. Im melissa lee. Thank you for watching. See you tomorrow, 9 00, squawk on the street. More fast money here at 5 00 tomorrow. Thats all right here on cnbc. Im jim cramer. Welcome to my world. You need to get in the game. Go out of business and hes nuts, theyre nuts they know nothing. I always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to cramerica. Im trying to save you some money. My job, entertain you, coach you, teach you. Call me at 1800743cnbc. Im itching to go tonight. Because im on a mission. A mission to take you from the forces that want you to lose money. Including alas, yourself. Yet, t
Arrogance. When you own stocks you have to be humble. Humility, people. Although i of all people recognize that humility doesnt come naturally to everyone. You have to recognize youll be wrong. Perhaps often. As the past three years have taught you painfully your portfolio will get hit with things that you never saw coming. Things you never imagine. Let alone never thought possible the house of pain. The one thing you can be sure of when putting a portfolio together, at some point something is going to go off the rails. Something is going to hit you, totally out of left field. A baseball analogy. Thats why its important to prepare yourself and your stocks for the next unexpected catastrophe. Maybe it is time to make money in that catastrophe. Or make money when things are going smoothly. How the heck do you get ready for a calamity when you dont know what it will look like . Do you expect the unexpected as an investor . Look, well never necessarily when the market is down gigantically,
With over 4.5 million testing kits sold, the State Budget suffered a loss of VNĐ402 billion ($16.5 million), of which VNĐ222 billion came from CDCs in Hải Dương, Bắc Giang, Nghệ An, and Bình Dương.