Buying into weakness. Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spades, rick clemmer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up freescale, a maker of chips for autos and the internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying monstrosity and it felt the company was always a few steps away from deaths door. But to him it was a way to diversify the footprint away from the cell phone and towards autos and internet of thing
Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spades, rick clemmer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up freescale, a maker of chips for autos and the internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying company was always a few steps away from deaths door. But to him it was a way to diversify the footprint away from the cell phone and towards autos and internet of things. Now qualcomm is buying it for 110 a share. This
The exits . Joining us again todd where the dow gained 26 points, nasdaq climbed 0. 74 . You know, some feel very different since this election of donald trump. Theres a sense of optimism about stocks, and that optimism seems to extend to both republicans and democrats. Whether you love him or hate him, people are clearly buying stocks the way they used to before stocks became persona nongrata when it came to places where to your money. Its almost as if some sort of magic wand was waved that removed the gloom, busted it, and its being transmuted into higher prices even without any facts behind this move other than the kind of throw the bums out logic that you get whenever the white house changes handing from one party to the other. But heres whats hard to argue with. Many of the biggest moves ive seen in my career started without any apparent basis in the facts. Let me give you two of the most prominent examples from my 36 years of investing. First was when Ronald Reagan was elected to
Donald trump. Theres a sense of optimism about stocks, and that optimism seems to extend to both republicans and democrats. Whether you love him or hate him, people are clearly buying stocks the way they used to before stocks became persona nongrata when it came to places where to your money. Magic wand was waved that removed the gloom, busted it, and its being transmuted into higher prices even without any facts behind this move other than the kind of throw the bums out logic that you get whenever the white house changes handing from one party to the other. But heres whats hard to argue with. Many of the biggest moves ive seen in my career started without any apparent basis in the facts. Prominent examples from my 36 years of investing. First was when Ronald Reagan was elected to the white house in 1980. Optimism ensued which coincided with the end of the great bear market in bonds, one that saw Interest Rates climb all the way to 14 . Now, at the time few on wall street believed that
Brent below 42 for the First Time Since 2009. We begin with shares of chipotle falling hard. The company issuing disappointing guidance on another e. Coli outbreak. And a 14 billion acquisition, huge premium for Keurig Green Mountain. Its going private. And ges deal with electrolux is off. First up, Keurig Green Mountain has agreed to be taken private. The Investor Group led by j. A. B. Holding. Coke, which owns about 17 of keurig says it is fully supportive of the deal. Keurig will operate independently as part of j. A. B. s coffee platform. What else do we know about this. The main one they own is jacobs they did a deal with mondolese back in 14. It was completed in july, actually, of this year. 44 of that company is owned by mondolese. The rest is controlled by jab. Mondolese got 3. 8 billion euros for selling their Coffee Business into this. Theres an enormous platform that already exists for selling coffee. The key here is keurig, which has been Battle Ground stock, which has cert