Mosaic day where lots of stocks went their own way based on the whims of traders, not investors. The nasdaq climbed 0. 2 . Well start with the stock of kroger up 11 today for ages the market has been brutal to this Supermarket Chain writing it off but kroger had an Analyst Meeting and mercy mercy me it got up after its been guiding down for years just when everyone started to give up on this one, fleeing from the stock because of competition from costco, from walmart, from amazon, by ail dlalinddi they tell us theyll earn 230 to 240. The street was looking for 219 it makes sense that kroger stock roared higher. When i spoke to rodney mcmullen, a true gentleman he made it clear many of his longterm initiatives that hes talking about to win customers are working, especially the restock kroger brand i know it sounds simple but rodney said theyre telling the story about food kroger is food first he regards it as a distinct competitive advantage and had success with personal finance initiat
This morning, one high school briefly put into lockdown as a precaution, right now, two teenage student, neither of them charged with any crimes, being interviewed by detectives here at northwest, hoping to locate that weapon. Two juvenile student whose identities were concealing are now in police custody. As detectives investigate reports, the pair, and perhaps other student, may have passed around a gun that was recently stolen. Martin luther king high school, which Police Believe one of the teenagers attended, was briefly placed into lockdown this morning, as a precaution, in case one of the student arrived there. We had to lockdown the school because we had juvenile to have possibly in possession of firearm who had not gotten to school yet. The brief lockdown was lifted when the teenager was taken into custody at the fernrock station. The second teenager, who police say was not in possession after weapon, was detain at edison high school. After passing through security there. Both
Im jim cramer. Welcome to my world. You need to get in the game. Firms are going to go out of business and hes nuts theyre nuts. They know nothing. I like to say theres a bull market somewhere. Mad money you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im trying to save you money. My job is not just to entertain, but teach you how things can happen. Call me at 1800743cnbc. Look, we learned something vital about the stock market this very morning. Something we have to remember always, even as ultimately the averages got completely pole axed by the end of the day. The dow sinking 216 points. The s p giving up 1. 83 . And nasdaq declining, it was the worst day around here in three months. But what did we learn about this morning . Because thats what i want to focus on. Well, we learned theres always a better time to sell than into the teeth of a selloff. Like the selloff we had last week or the one we had toward the
And nasdaq declining, it was the worst day around here in three months. But what did we learn about this morning . Because thats what i want to focus on. Well, we learned theres always a better time to sell than into the teeth of a selloff. Like the selloff we had last week or the one we had toward the closing bell. When the dow fell an astounding 150 points on almost no volume in the last hour of the market. Last week we had a twoday affair that took my breath away. Every bit as grim as the one that settled in at the end of todays session. Its a misreading of the Federal Reserve minutes, that the fed is about to tighten that will rock the consumer. That sequestration and the higher gas prices and the payroll tax, enough of a pain to deliver real hurt. No matter that the fed minutes were a month old and the world changes quickly and ben bernanke adjusts with them. It was about done to keep the rates low through that bond buying program. It was just the opposite. The next day was no bet
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