Sell off until they realize they cant keep paying for things like snow flake because when they have to sell Something Else i think is why we have another bad day. Dow dropped 245, s p fell and nasdaq lost 1. 70 . It bounced from the lowest percent. Once again, were reminded the stock market is first and foremost a market. And markets are government earned by supply and demand. Right now the supply of new stock is overwhelming demand so the whole market just gets hammered until you trade for a living, you might now understand how this works the software a video game plan and they dont have spare cash lying around, what do they do . How do they get that piece easy they sell. They sell the stock and companies that dont understand it anyway. If you have a stock on the deal and you flip it, well, thats free money free big profits and you got to take free money when wall street is giving it to you. Take public at 52 if you got some at 52 in the deal it scored to 75 where you can cchaching. S
Schumer just arrived at the white house. Reporter i caught up with chuck rounds, a republican from north dakota, who last night was a no vote and this morning changed to yes after promises from Mitch Mcconnell i asked him what was going on. He said leadership has them in a Holding Pattern for the next couple of hours as they figure out what theyre going to vote on, whether it will be the bill the house passed last night, that 30day shortterm funding bill, whether it will be Something Like four to five days which democrats and some republicans have proposed to ramp up the pressure to get a deal done on immigration whether it will be something in between. He says republicans in the rank and file dont know yet. Senator schumer and Democratic Caucus are surely meeting this afternoon to figure out next steps from their approach after that 90minute meeting with the president. As i said, when he came back to the capitol, he had little to say about the meeting, but just that it was productive