And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing you have the global coordinated monetary easing going on right now. And you have the first time people talk you about the possibility of rates here falling dramatically from where they are now have you ever seen a ten year whipsawed as much in yield in the half hour period as we did this morning almost as if someone wants to get ahead of even lower yields there is a big short position in bonds. Th
Stocks because i base my work on the companies i study and not the shape of the carts the off of charts is to my traditional stock picking methods but i know from your feedback jimcramer on twitter youre interested and proven itself time and time again to get a lot of people involved at the right level, say not for a minute as i explain in get rich carefully where i devote a whole chapter to charting have i become a chartest myself . I highlight and teach after stu studying the sectors and over lay them on my broader world view at the moment charters could careless about this stuff they dont care what the company does i wonder if they could do their jobs with the companys names blacked out. In fact, i am sure they could. Some of them hate the distraction of knowing for fear would bias them against the stocks chart. Can you imagine . Ive become proficient at charting over the years but rely on the individual work of professional technicians to demonstrate how to use charting and learn t
Make love of stock, no matter how you like the Underlying Company, if the rules say sell it, you sell it. One thing ive learned in my investing career no matter how much you might believe in something, you violate the rules of the road at your own parol but what in the heck do these rules come from . Its not like they were handed down from one high and carved into stone tablets not like the laws of physics, you cant deduce them from serving and gravity. No, the rules coal from experience particular my experience ive spent nearly 40 years in this business and in that time you Better Believe ive learned powerful lessons in many cases, ive learned them the hard way and because i dont want you to repeat my mistakes and because i want you to have the benefit of my career, tonight i want to layout my most important rules for investing, the stuff i really live by some stuff may seem basic but again, you forget the rules. Back at my old hedge fund, i would occasionally convince myself it was o
Guidance plus media moves warner bros. Discovery missing airbnb shares are also falling ahead of the opening the company sees robust demand for travel, but its guidance disappoints investors. The ceo will join us in a few minutes. Lets begin with a few momentum names today, including one of the beneficiaries of the a. I. Boom, and thats arm holdings, down sharply as guidance comes in below consensus. But shares of the chip designer still up 90 from the september ipo price of 51 a share revenue up 47 licensing up 60. Yeah, look, i think that rene haas will be able to tell a good story, that there was really one question on the Conference Call by a goldman analyst whos very, very good, which knocked the stock down, which explained the dow is a 70 sequential problem when it comes to the some of the royalty arrangements they were basically saying, david, that it was internet of things and automotive. That is not unusual. That is what everyone has been saying, like on semi has been saying t
Have got to look at the leadership, meaning that has been working day in and day out. That is how you can figure out how to make money. And the dow gained while nasdaq dipped 1. 85 . It may surprise you to learn that there is an index that has been burning like a house on fire. It is a strange index. It is the dow jones utilities average or the utes which they are known as on the street. Still one more powerful session for the smoking powerful amount of the utility stocks that dates back to 1929. Yet this trailblazer started separating itself back on april 16th of this year. You know what . It has been going almost straight up ever since. The Utilities Industries are swaddling back. At this were just up for a week or two weeks, i might just ignore it. But i am sorry. It is flashing red for the economy. Heading for a slowdown. Brown shoes be my term for companies with fading prospects. When you notice one of these index changes, you have to handwrite to the wall street journal archives