Just plain out mandate change. All of these things play a role including on days like today when the dow slid 10 points and the s p climbed 1. 3 and the nasdaq gained. 67 . [ applause ] some change is glacial and therefore uninvestable, but other types of change are swift. And those are the ones you need to find so you can buy their stocks on. Buy, buy, buy with abandon. I love behavior change investing. It could be incredibly lucrative and when you have a behavior change theme you can use selloffs to buy stocks at discount prices that are based on those changes as long as you dont think theyre really fads. Lets start with the obvious one for today, entertainment. How and what people consume and where and when they do it. Today the stocks of traditional Entertainment Companies like disney, time warner 21st century fox, via com, cbs and discovery got annihilated. [ shots fired ] i dont have much more to say about disney later, but suffice it to say now that disney raised questions in th
Nasdaq climbed. 98 . You want an impressing stat . Dows lost more than 1,000 points this week, the s p more than 1 trillion worth of market cap has been wiped out. Sobering and i need you to think about that because thats what were dealing with right now. You think that this market would have been able to go higher with china being able to mount a pretty big bountiful job gains this month. But if you thoughts that, you would be wrong. First the Chinese Government propped up to the market last night with all sorts of buying, it wasnt real people. Terrific that it didnt go down. We all know the drill, the communist party is making it up as you go along. The massive rally in 2014, when the shanghai was at 2100. In may of last year when it climbed to 5200. Made no sense whatsoever, it was it, and while the Chinese Market has managed to come down from 4300 to 3200 the currently level. The sheer number of people who wanted out when the government instituted Circuit Breakers earlier this week
Sobering and i need you to think about that because thats what were dealing with right now. You think that this market would have been able to go higher with china being able to mount a pretty big bountiful job gains this month. But if you thoughts that, you would be wrong. First the Chinese Government propped up to the market last night with all sorts of buying, terrific that it didnt go down. We all know the drill, the communist party is making it up as you go along. The massive rally in 2014, when the shanghai was at 2100. In may of last year when it climbed to 5200. Made no sense whatsoever, it was just people throwing money at it, and while the Chinese Market has managed to come down from level. The sheer number of people who wanted out when the government instituted Circuit Breakers earlier this week while devaluing its currency, it got rid of the Circuit Breakers because it has no idea what its doing. I think the shanghai market would is have at least started the process of roun
Only on, we know it, nasty wig. Thank heavens it is over. Fortunately, i guess, it ended with a pathetic whimpering sell off and not a bang of a selloff, and as i told you all week, do not expect anything good from this market, not now, no way. Dow seeking today, 168 points, nasdaq climbed. 98 . You want an impressing stat . Dows lost more than 1,000 points this week, the s p more than 1 trillion worth of market cap has been wiped out. Sobering and i need you to think about that because thats what were dealing with right now. You think that this market would have been able to go higher with china being able to mount a pretty big bountiful job but if you thoughts that, you would be wrong. First the Chinese Government propped up to the market last night with all sorts of buying, it wasnt real people. Terrific that it didnt go down. We all know the drill, the communist party is making it up as you go along. The massive rally in 2014, when the shanghai was at 2100. In may of last year when
Cap has been wiped out. Sobering and i need you to think about that because thats what were dealing with right now. You think that this market would have been able to go higher with china being able to mount a pretty big bountiful job gains this month. But if you thoughts that, you would be wrong. First the Chinese Government propped up to the market last night with all sorts of buying, it wasnt real people. Terrific that it didnt go down. We all know the drill, the communist party is making it up as you go along. The massive rally in 2014, when the shanghai was at 2100. In may of last year when it climbed to 5200. Made no sense whatsoever, it was just people throwing money at it, and while the Chinese Market has managed to come down from level. The sheer number of people who wanted out when the government instituted Circuit Breakers earlier this week while devaluing its currency, it got rid of the Circuit Breakers because it has no idea what its doing. I think the shanghai market woul