This is a day when you think about it more than 15 years in the making. The nasdaq on track finally to end the day in uncharted territory. Trading above its march 2000 alltime high. That close was at 4,0548. Set back march 10th of 2000. Were a little less than 16 points above that level. The other number were watching this hour the s p 500 also flirting with new highs. The previous alltime high on the left, 2,117. Theres the current level. Were flirting with that one. See if we can do that in the next hour. The markets very next direction could be determined by a huge batch of earnings after the bell today. It is highlighted by google Amazon Microsoft and starbucks. Well hear exclusively from starbucks Ceo Howard Schultz right after his numbers are released, bill. We have a lot of ground to cover this hour. Markets trading right now though, interesting pop midday. Pushed the dow up. It was up more than 80 points for a time. I think it was a 90point gain for a time. Now up 65 points at
Particular reason. And people panic. Simply because they figure those future shares must know something. And that what happened today with the dow down and then rallying as the dow dropped 150 points and the nasdaq dropped. 47 . Im on a mission to have you buy low and not sell low. Like today, other than they saw red ink. There is no reason the market is going to go down. You will always get a better time to sell, if you wait for it. Including today when core indexes came back. Unless something negative happen this is weekend, i suspect well open up and maybe big on monday. Courtesy of the guys in the futures pit. Just as i said, buy the 200 point decline on the dow on days like today and if we open up on monday, and you wont have mad money to kick around, if we open up big on monday, i think well have a chance to buy lower. Dont chase. It is a fools game. Ive spent time analyzing opening and closes and it drives me crazy that people freak out on a random friday or the dramatically ove
Simply because they figure those future shares must know something. And that what happened today with the dow down and then rallying as the dow dropped 150 points and the nasdaq dropped. 47 . Im on a mission to have you buy low and not sell low. Like today, other than they saw red ink. There is no reason the market is going to go down. You will always get a better time to sell, if you wait for it. Including today when core indexes came back. Unless something negative happen this is weekend, i suspect well open up and maybe big on monday. Courtesy of the guys in the futures pit. Just as i said, buy the 200 point decline on the dow on days like today and if we open up on monday, and you wont have mad money to kick around, if we open up big on monday, i think well have a chance to buy lower. Dont chase. It is a fools game. Ive spent time analyzing opening and closes and it drives me crazy that people freak out on a random friday or the dramatically overly bullish and yet uneventful monday
Particular reason. And people panic. Simply because they figure those future shares must know something. And that what happened today with the dow down and then rallying as the dow dropped 150 points and the nasdaq dropped. 47 . Im on a mission. Im on a mission to have you buy low and not sell low. Like today, other than they saw red ink. There is no reason the market is going to go down. You will always get a better time to sell, if you wait for it. Including today when core key indices soared into the black. Unless something negative happen this is weekend, i suspect well open up and maybe big on monday. Courtesy of the guys in the futures pit. Just as i said, buy the 200 point decline on the dow on days like today and if we open up on monday, you wont have mad money to kick around, if we open up big on monday, i think well have a chance to buy lower. Dont chase. It is a fools game. Ive spent time analyzing opening and closes and it drives me crazy that people freak out on a random f
Lately is because the market changed its tune, gone are the days when you beat the bottom line it was enough to send your stock higher. Gone are the days when you beat the top line, gone are bit pitting the bottom line and raising guidance is enough to raise the share price. Now you need to best the earning numbers and guide them dramatically higher vndz a stock thats got low expectations or heavily shorted. Thats right, the gauntlet is demanding because the economy is slowed and getting slower according to much of the recent data. So lets go over whats worked this year. All right . Whats emblematic of success as we know it lately so you can rule out a lot of other stuff . Im talking about under armor, netflix, wynn, facebook, google, chipotle and michael coors, because those are all the stocks that flew to new highs, defying the averages that brought so many other stocks crashing to earth. We know a bunch of things going into the ar under armors quarter, which launched the stock into