The roof on the Home Improvement trade. Thats simply nailing it its time to risk less and make more options action starts right now. Lets get to it. It is going to soon be time to put away the sun block, break out the sweaters the weather could put a chill on travel stocks. Theyve had a hot run so far this year, but the chart maste says he is starting to have reservations carter worth is over at the plasma to break it down. Take it away. It is more about the consumer, right . Is the consumer in good shape or isnt it theres so many ways to make the case either way. But i thought we would focus on something we havent done in a while which is hotels, resorts and cruises. This is actually s p 500 group and these are the five names and Everybody Knows those names, right . Big hotels, and then the three cruise liners. Now, lets look at some charts and try to pull together the thesis what we have over the past decade is a pretty nice fit between this sub Industry Group, hotels, resorts, cruis
More options action starts right now. Lets get to it. It is going to soon be time to put away the sun block, break out the sweaters the weather could put a chill on travel stocks. Theyve had a hot run so far this year but the chart master says he is starting to have reservations carter worth is over at the plasma to break it down. Take it away. It is more about the consumer, right . Is the consumer in good shape or isnt it theres so many ways to make the case either way. But i thought we would focus on something we havent done in a while which is hotels, resorts and cruises. This is actually s p 500 group and these are the five names and Everybody Knows those names, right . Big hotels, and then the three cruise liners. Now, lets look at some charts and try to pull together the thesis what we have over the past decade is a pretty nice fit between this sub industry group, hotels, resorts, cruises, and the entire Consumer Discretionary sector yet what you can see here of late is that the
Working, and in the old days when the late great mark cane ruled the mornings around here, i remember each time i cohosted he would introduce me as reverend Jim Bob Cramer of the church of what is happening now. It was fun back then seemed like everyone was running their own personal hedge fund. There was understanding there could be a stock here today and gone tomorrow. Those days are over. If you recommend a stock for trade, if you say buy it today for the Analyst Meeting and sell it tomorrow, there will always be a Youtube Video kicking around that shows you like the stock but never gave it the sell call weve gone well beyond that. Tonight were taking it to the next level where im introducing you to the concept of suitability. Basically what stocks fit you. What investments are right for you. Not for this week, not for this month but your age and temperament. I heard of the concept of suitability when i was in training at Goldman Sachs for the group that helped small institutions an