Facebook reported amazing number last time. Amazon gave you an amazing upside surprise and it got steam rolled it was hideous nonenonetheless, and i know that. There is the right way to look at it or the wrong way we dont look at the action and we are back to form an opinion about the quarter. Thats the wrong way the right way when a Company Reports great number and the stock gets slammed, you look at the set up often because of an event like say an impending election. I am expecting massive confusion. One of the most confusing weeks of my career unless the results are blow out this day, we may not know who won plus with mail ballots nobody wants to unstock a bowl of confusion why not sell everything on monday for starters, you are too late what the heck did you think was happening. More importantly you are not nimble enough to get back in after you gotten out look at our quality stock selling off right now. You definitely want to get back in take amazon and facebook with unbelievely g
Nasdaq finishing up 2. 56 . Sometimes stocks deserve to go up or nothing. It is critical to see stocks lev tate li levitat levitateli what they are doing here we are paying more for the same level of earnings or story, betting that someone else will take it off our hands for a price thats still higher. Some people calls it full theory multiple expansion is what we saw today. Wall street got hyped of the best of the best look at what led us higher start with apple and it is always fun to start with apple you follow apple, we all know they want your new phone tomorrow new iphones come out on the clock work and even 5g in it and we had to buy in it of course. That did not stop wed bush he points a step up for demand for components of larger version. We know that from marvel and sky Works Solution let me read you one lets say sn snippet. A super cycle, huh when you call something a super cycle, you have to catch somebodys attention i am superstitious of super cycle. We heard it right befor
Session with the dow plunges 406 points, the s p prlummets 1. 6 i an absolute nightmare. The house of pain but its good to have some cash so tonight, were holding a coronation because right now, cash is king. Our viewers know this market has been making me nervous for a while. Ive been telling you to take profits for the last three weeks. We have sold some of every single tech stock we know, including some very, very good favorites that you are aware of. Every single one, first time in 15 years because bulls make money, bears make money. But hogs, they get slaughtered i love these tech companies, but i looked at the Charitable Trust cost basis, i looked at the pricetoearnings multiples and said you know what we are out of our minds with greed youve got to be disciplined in my book, that means taking profits while you have them. Some of you will say this violates everything you heard about investing, buy and hold, think longterm. Or most recently, or i should say, stocks or stonks only
Perilous journey. Motivated thats its. One. Im of the bangladesh. Im out of them. By that the body of own that hasnt even been on the ledge that theyve at this in the program are many that. There were some of the nation ladies from it. But i am on our barbershop the dialect out there from perth only a month it will switch from the past but go on hammock of our day and you know one of this will and will not vote on it im not it but on am i going back and he said that and out but only accept the vote of all it off let. Poverty brutal regimes and endless war have forced many migrants to flee their home countries in search of better lives for many intermediaries thats become a lucrative business. And saddam is anna. On live with that have. We have to ask why libya because civil war has raged there for years no one pays any attention to migrants who buy a place on an inflatable boat is just 250 nautical miles to italy but not everyone makes it there when i mean live yet theyre still. Kind o
Have him go through the numbers. Good morning, welcome to squawk on the street. Im david faber, jim cramer is here live from the New York Stock Exchange Carl Quintanilla has the morning off. Look at futures, final trading day of the week as you see, what a week it has been when you talk about the markets, you see we are looking for a lower open, not dramatically lower, but lower. Ten year note yield, talk about a ride, lets look at the ten year note yield. I actually want to see where we are. Were below 17 again. Lets start with a stock want to do that or talk markets. I want to i want to talk about stocks you do . You chastised me for hyperbole. But the millennials think that uber is the most important stock of the market. Huge amount of work just on that. There it is theyll pay up for uber. Shares are down in the premarket, jim this after reporting what is the largest ever loss, the number 5. 2 billion slowest ever Revenue Growth as well, ride hailing company, incurring responses rel