The nasdaq at 2. 0 we can buy the stock we can buy the recovery stock once we get a vaccine. We have people returning to the cities we buy the apartments. We have a lot of people eating at home will soon eating out again with a vaccine so not by the food packet place and the restaurant thats adventure wisdom. After a huge run over the last week and a half where the market is very over bought and a ton of strategists raising 2021 dramatically i am going to articulate a different field, a caution one it never works out that everyone wins i am going to sigh at tay at th beginning. I dont think all of this will happen you got to know, maybe have some cash if stuff happens, you can use the buy. First, it is terrific that we can see through the valley of the shadow of covid. Jesus, we are seeing at insane number of new infections here to the point where hospitals are overwhelmed. While we gotten much better treating the virus, it is undeniable we are approaching a triage situation. Not good
Of foreign lands, like the greek deal had ended our obsession with whats happening overseas, were suddenly back in the soup bowl over again, but it a with china. The true proximate cause of the selloff. S p plummeting 1. 07 and the nasdaq losing 1. 12 . Yep, the idea that theres big trouble in not so little china based on so some weak chinese orders and the stock market that we know is being propped up by the communist party, thats what lay behind the carnage. Its breathtaking by the way. It has us thinking something evil does lurk in china and china, some think it can take the whole world down with it. Its short term top in our markets at least until we get some clarity on what is going on over there. Thats not so easy. I have no idea what the real situation in the peoples republic and neither does anyone else and maybe not the people running the country. Thats the new emperor has no clothes theory. The vast majority thought that china was slowing. The totalitarian government will exe
Some deals are more equal than others, and some never even get done because of factors beyond the control of the dealmakers. These aborted takeovers can make the entire market go up or down because they remind you just how fragile stocks can be like in todays muted session where the dow only finished down 13 points, s p inched up 0. 5 , and nasdaq declined 0. 17 after a very rocky morning. Knowing how to identify a good makes us better investors because it means well be ready to buy stocks on the weakness specifically caused by these kinds of breakdowns or maybe to profit from the strength it can generate as both often have nothing to do with the broken deals themselves. Lets talk about the big story right now, the current state of the nondeal of salesforce. Com buying twitter for the rumored make or break price tag of 29 a share, 9 higher than the stock hurt the whole market as was certainly the case at the sessions opening before it came to its senses. First lets go over the genesis
Others, and some never even get done because of factors beyond the control of the dealmakers. These aborted takeovers can make the entire market go up or down because they remind you just how fragile stocks can be like in todays muted session where the dow only finished down 13 points, s p inched up 0. 5 , and nasdaq declined 0. 17 after a very rocky morning. Knowing how to identify a good deal or what can kill a deal makes us better investors because it means well be ready to buy stocks on the weakness specifically caused by these kinds of breakdowns or maybe to profit from the strength it can generate as both often have nothing to do with the broken deals themselves. Lets talk about the big story right now, the current state of the nondeal of salesforce. Com buying twitter for the rumored make or break price tag of 29 a share, 9 higher than the stock is now, because thats a prime certainly the case at the sessions opening before it came to its senses. First lets go over the genesis o
Undervalue whole groups of stocks in anticipation of good earnings or great news . And thats what ive been pondering all day. A day where the dow roared 228 points. The s p 500 fell to 1. 35 and nasdaq jumped 1. 19 . Now i know that if the dollar had been very strong against the euro and other currencies, plenty of situations bullish today would have gone sour and probably will tomorrow. We only have two up days in a row of the dollar since middle of december. Thats right. The dollar is going up almost impossibly almost every single day and the euro has been strong two days in a row once. So i think this could be a lucky gift. But ive got to tell you. Forget about currency for a second. This failure to analyze positive moves ahead of the action has become endemic. Its astonishing to me given for my almost entire stock trading life, the market has accurately discounted good news beforehand. Not afterwards. And all thats been doing lately is doing it afterwards. Market professionals are