Will it come next week . What will take us there, and what could you still buy . Guy, what do you say . Well, what was that a percent and a half away now . Again, im not pretending im a raging bull. Its somewhat disin general would you say of president elect. Its been rallying the last eight years. The banks are probably going to continue to go higher, not because i necessarily believe it. But i think what is happening here, people are saying, whats price to book in niece banks, where were they in 2007 . Theyre not going to get to those levels. Goldman sachs at twoandahalf times price to book. Goldman sachs at 1. 8 times makes it a 308 five 5 stock. It feels like everything is priced to perfection. Were would you set that would you have said that last week . I would have said it last week. But heres what ill say. Talking about drifting higher. Were drifting higher for one reason and one reason only. Maybe a few reasons. This repositioning trade is massive. It can go a lot further than
100,000 new fulltime, fullbenefit jobs in the next 18 months all over the country. While the averages were down with the dow sinking 63 points, s p 0. 21 , nasdaq backsliding 0. 29 . Its been ages since weve seen that down. Amazon stock screamed higher, closing up 14 points to 813. Thats just like how stocks used to react on news of hiring, on expansion, before the recent age of stagnation, derision, and gridlock. Let me explain. Ever since growth slowed, i mean really slowed and the u. S. Became episodic in its ability to expand the economy, we desired a particular set of traits, a set of rewards so to speak from our stocks before we bought them. First we would look and wed want a good dividend, one that gave us a nice return versus the competition, namely treasury bonds. Second, we wanted a large and meaningful Share Buyback to shrink the share cap, and thus artificially or not increase the earnings per share. We cared more about this than actual Revenue Growth because what Revenue G
You the dow s p 500 index and nasdaq all lower, on pace for the worst day since march 21. We so that big selloff two weeks ago. Look at the growth index more than down more than 1 , lacking the other in indexes, suggesting there could be pullback ahead for the larger cap indexes. This is tesla, look at this chart, up over the last few days more than five and a half percent. This is since the end of february, after the Company Announced the march quarter, saying they are going to produce , deliver 25,000 vehicles, beating estimates. Last week there was news about a 5 stake being sought. These shares being propelled higher to a record high. We happen to the bloomberg and take a look at g btv 396 x, this is a longer term between these two lines. A big range of uncertainty between affairs, a wide range. We have the shares breaking right out of the top of this range to that record high. The question is whether the break of israel. Need confirmation considering volatility. Another point to b
You the dow s p 500 index and nasdaq all lower, on pace for the worst day since march 21. We so that big selloff two weeks ago. Look at the growth index more than down more than 1 , lacking the other in indexes, suggesting there could be pullback ahead for the larger cap indexes. This is tesla, look at this chart, up over the last few days more than five and a half percent. This is since the end of february, after the Company Announced the march quarter, saying they are going to produce , deliver 25,000 vehicles, beating estimates. Last week there was news about a 5 stake being sought. These shares being propelled higher to a record high. We happen to the bloomberg and take a look at g btv 396 x, this is a longer term between these two lines. A big range of uncertainty between affairs, a wide range. We have the shares breaking right out of the top of this range to that record high. The question is whether the break of israel. Need confirmation considering volatility. Another point to b
You the dow s p 500 index and nasdaq all lower, on pace for the worst day since march 21. We so that big selloff two weeks ago. Look at the growth index more than down more than 1 , lacking the other in indexes, suggesting there could be pullback ahead for the larger cap indexes. This is tesla, look at this chart, up over the last few days more than five and a half percent. This is since the end of february, after the Company Announced the march quarter, saying they are going to produce , deliver 25,000 vehicles, beating estimates. Last week there was news about a 5 stake being sought. These shares being propelled higher to a record high. We happen to the bloomberg and take a look at g btv 396 x, this is a longer term between these two lines. A big range of uncertainty between affairs, a wide range. We have the shares breaking right out of the top of this range to that record high. The question is whether the break of israel. Need confirmation considering volatility. Another point to b