Funding. And twitter Ceos Jack Dorsey purchasing more stock. Are investors buying it . As we said some big earnings from the likes of apple and facebook. We have the fed meeting two days. We have the jobs number. The french Elections Come up this weekend, jim. Everybody is looking at seasonality trying to figure out what may means for stocks. What are your thoughts . Well, for years i always felt that you do not want to be in tech because were about to go into the summer slowdown for europe. Actually, europe is much stronger this year and i no longer feel like theres a sell in may problem with tech. We know that sell in may doesnt work. Its 5050. But there was a basis for it and the basis for it was most companies in europe just shut down for july and august. So you have to anticipate that. Thats not going to happen. Instead, it might be the other way. I think europe leads us right here. Meanwhile, guys, obviously, big week in congress. David, i know youre going to tackle some of the i
1800743cnbc or tweet me jimcramer. Sometimes this market can be incredibly difficult to navigate, because the crosscurrents are so powerful and so crushing. Today, for example, the averages got slammed by a wholesale collapse in the commodity complex, especially oil. But then the republicans passed their Obamacare Repeal bill in the house of representatives in the afternoon and we rebounded. The doubt ultimately sinking six points, s p advancing 0. 06 , nasdaq edging up 0. 05 . It was like there was no session at all. Whatever your opinion of the health care bill, wall street likes it. Because it contains tax cuts and demonstrates that Speaker Paul Ryan can actually do his job. You might have expected the market would roar on the news. Nope. The broader economic backdrop is just too grim right now. With the fed set to keep raising interest rates, right when business seems to be slowing, and its too dangerous to go full hog on stocks when the Labor Department announces its employment re
Run. First, we start off with the brick and slaughter that went down today sinking more than 2 and amazon launches its prime wardrobe program. Nordstr nordstrom, j. C. Penny, chico getting slammed. Could this be the final nail in the coffin for traditional retail. For a lot of them, absolutely we give dan nathan a lot of crude, but you got to give him credit op this one he said the etf, worst chart hes ever seen ch he was right good for dan is it the nail in the coffin for a lot of these folk, yes weve been cyst enter on that. What ive been wrong on has been target i thought they held a huge level. The same low we made in 2014 and it looked like they were in terms of the stock, turning the corner a bit obviously, this thus came out u and its all bets are off. But where would i go i still think target is is interesting. But i think you got to buy it now to break it above 55 some is is just a mechanical reaction to last fridays news a Analyst Community weighing in. You had a bunch of dow
Bright green light and this sighting over chicago. Were they meteors or Something Else . And taylor swift is not going to shake it off. Why the biggest pop star in the world says shes taking a stand and pulling all her songs this morning from spotify. What this could mean for how all of us buy our music. And good morning, america. Lots to get to this election morning and, robin, you are back from a big night for our friend, michael. Theres the towel. I like the gift you brought back for me. Check this out, guys. Thats all yours, george. Hall of fame ring he got last night. I could fit it around my whole hand. Right here. Look at that thing. Michael, great to see you last night running out between all those former teammates of yours. Congratulations. Thank you, thank you. Your parents were there. I mean, that was a great moment there at halftime. You know what, first of all, thank you, you guys, for coming. Really awesome to have you there and be a part of it. Just to see all my old tea
World says shes taking a stand and pulling all her songs this morning from spotify. What this could mean for how all of us buy our music. And good morning, america. Lots to get to this election morning and, robin, you are back from a big night for our friend, michael. Theres the towel. A gift you brought back for me. Check this out, guys. Hall of fame ring he got last night. I could fit it around my whole hand. Right here. Look at that thing. Michael, great to see you last night running out between all those former teammates of yours. Thank you, thank you. Your parents were there. I mean, that was a great moment there at halftime. You know what, first of all, thank you, you guys, for coming. Really awesome to have you there and be a part of it. Just to see all my teammates and the fans, then you play for, play with, it was the highlight of my life and, you know, everybody gets this. Every other weekend well rotate the ring. All right. Your speech was spoton. Well share a bit of that la