Calling the shots in this market. This week led to a close with the dow dipping 26 points, s p back sliding. 05 . While the stock s of the Fastes Growing Companies maintain their domination. But on a casebycase basis, theres still plenty to clear about with individual stocks, and if you relate it to social, mobile, cloud, Artificial Intelligence continues to get a boost. But anything related to physical bricks and mortar merchandising remains down. But nordstrom taking the market down again today, and even the a slowdown in its e commerce business. Throw in the fact that deutsch bank slapped an out right sell rating on General Electric and this whole thing has made us think that the market has qualms about selling by the enterprise and by the individual. I expect the same battle to play out again in next weeks earnings score card and you know what its going to start with . A Company Called trevago. Last week we sat down with the travel behemoth, its forecast, its forecast was regarded
That got clobbered when they reported earnings and roared higher. As people seemed to predict the bad news. Overlook it, or just said, hey, maybe it wasnt as bad as i thought. These stories are behind a lot of the recent rally. Including today with the rally 212 points. I ignored the fact that Kimberly Clark had fallen from 127 to 122 off the quarter, until the interview began. Right at the top of the intervie you just asked point blank, if the decline made any sense to him at all. Because it sure didnt make sense to me, given how well the company was doing. He promptly agreed. We went over not only was the quarter a miss, so to speak, but there were many line items much, much better than expected. It seemed obvious, that i did a little homework. They did the big pirouette and surged from 122 to 133. 50, hitting an alltime high. The sellers they were just plain wrong. Next up, lets talk clorox. Heres a similar situation. Sill love the quarter. Because it showed some incredible margin i
Stocks. That way you can be ready for days like today, where the market flies, with the dow soaring 212 points, and the nasdaq climbing 0. 13 . Go back and think about yesterdays Late Afternoon pummeling. Or at least try to remember what caused it. Some European Central banker arguing with some greek politician. That kerfuffle gave you a chance to pick up Great American stocks at prices much cheaper than you otherwise would have gotten. We all get flyers in the mail with coupons. I get ones from costco. Im eyeing this 60inch tv for 1,300 bucks. But lets say i go in and pick it up and see these shirts that are on sale for 35 smackers. Thats ridiculous. I see that sale and i have to buy those shirts. I dont say, wait they lowered the price because somethings wrong with the merchandise. I dont think, wow, zainya i cant pick those up because tomorrow they might be worth even less. No, i think, ive discovered a sale i wasnt even counting on. Next thing you know im buying the tv and the shir