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Stimulus bill. What happens if washington lets us down again and millions of people, especially in the hospitality industry, find themselves struggling to put food on the table . Does that mean we should use a day like today where the averages went up dow gained 122 points. S p climbed 0. 80 to sell everything into strength not so fast. Like i say every night at the end of the show, there is always a bull market somewhere, and even without a stimulus package, weve got a whole bunch of them that should do just fine as a matter of fact, theres a lost of breadth here first, the relentless bull market in housing. You can think tall brothers, dr horton, these companies are huge kinc covid winners. When youre stuck working from home, your housing priorities change who wants to live in a tiny apartment in the city to save time on your commute when you have no commute. This is the zoom economy, people you might as well move to the suburbs or the country where you can have more room thats why t ....
In other words no matter how much you may hoff a stock, no matter how entrald with the Underlying Company if the rules say sell it, sell, sell, sell, sell you sell it. One thing i learned in the investing career no matter you might be believe in something you violate the rules of the road at your peril but where the heck do the rules come from . Its not like they were handed down from on high and carved into sfoen tablets theyre not the laws the physics. You cant dedues from observing the market the way you can do say gravity. The rules come in from experience in particular my experience. I spent nearly 40 years in this business in that time you Better Believe i learned powerful lessons in many cases i learn the hard way. And because i dont want to you repeat my mistakes, because i do want you to have the benefit of my whole career, tonight i want to lay out some of my mo ....
When this market stampedes those who make negative bets it can be spectacularly positive for individual stocks and the averages as a whole, like we saw today. Dow gained 69 points. S p climbed 2. 9 and nasdaq advancing 2 to a rec high we dont spend that much time talking about short sellers on the show. If you want to understand why the nasdaq hit those unwanted levels, its the shorts that made it happen. Theyve been a huge accelerant to the nasdaq rally. Theyre great at getting out Fraudulent Companies and overvalued stocks and sometimes going against the grain of the entire stock market when they think the consensus is wrong. Every now and then theyll attack stocks en masse, aang tackle so to speak. If the stocks fail to go down or manage to rally, the shorts can create a stampede when they throw in the towel and begin to unwind their positions by buying back the stocks they sold to close out the trade. That panic buying e ....
Dominick "Nick" DeLeo, 49, of Lititz, lost his courageous battle with cancer on Wednesday, April 17th, 2024 with his dog Kymo and close friends by his side. ....