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market there s a handledful of family names. do we have to pick? chips, chips, chips. all right though i will tell you i do like wow google valuation. i think it s but you said chips. yeah. he s guess his own pasti counter. had e. it valuation you have to like my chron. add it to the conviction by a list that s underperformed the news that came out last week, i think it does benefit, so those are three chips i like. there you go cornucopia, smorgasbord. he pistachioed d, bottom line is i think the chips are recovers from what was clearly a lot of profit-taking, they were the once that were parabowl is they had the once that were multiple when i and make even netflix, so here i am, they re ultimately names that have a lot of growth in 2018. if anything i think they are show he emphasize stocks google, as guy said, when he talked about everything possible, actually has a great valuation. oy actually think you said something smart there. sit think ....
to go around to sate the buyers. so the positives get magnified and the negatives get ignored. that happened again today. the dow dipped 13 points, s&p advanced, nasdaq gained .29%, nice move. first, let s understand, this market is largely driven not by stock pickers but by index funds. that index fund money comes in automatically everyday billions of dollars placed in equities will move equities higher why does this send stocks up so much the for starters, directional. that money tends not to be traded it soaks up supply quite easily. remember, the stock market is a function of supply and demand. before the index phenomenon which didn t exist in the 80s and 90s, mutual funds and hedge funds would be selling as well as buying. they still do. but the amount of index money coming in, chiefly for retirement, far outweighs the amounts that are traded. it overwhelms them don t get me wrong, index funds are the right choice for you if you re putting money away for retireme ....