You make some money because my job is not to entertai but to educate and teach you so call me at 1800743cnbc. Or tweet me jimcramer. Embrace technology or die. People always ask why the team spends so much time out in San Francisco and the answer is Pretty Simple frankly. If you want your business to survive in the 21st century you need better tech tech that individualized, tech that tells the story, tech that keeps you current. Tech that makes your customers happy. The dow gained 31, s p inched up 0. 05 . I think you need to understand we come out here basically to give technology its due. Tech is how good businesses become great ones and take themselveses to the next level how that works, take tonight, were going to the levis Innovation Factory in San Francisco where this 166yearold company has reinvented the way jeans are made later in the show youll hear from ceo chip byrd how do you make classic jeans without classic dispolioation of the earth. You didnt care where the indigo went
Here is what is so difficult to fathom about this market. Everything weve learned in the last decade is worthless. Every relationship, every alga rhythm, none of it works anymore. Not only that, even the old paradigms from previous decades are worthless. With stood the test of time of going gonzo and were baffled, especially on bullish days like today where the dow gained 92 and nasdaq 3. 2 . Its almost as if we have a whole new environment that doesnt jive with the reality of the old days and therefore seems to be nonsensical and its positive animal spirited nature. I say thats plain wrong, people. This market is fathomable but right before our own eyes, we are undoing a ton of what weve learned. Because were simply on a journey to a different arguably better place. Let me give you the road map of everything we have to unlearn and perhaps that will help us see how stocks can keep hitting what seemed like unbelievable new highs but id say our rational exuberant. When the Federal Reserv
The Dow Jones Industrial Average witnessed a modest increase of 50 points, or 0.1%. Similarly, the S&P 500 and Nasdaq Composite showed minimal changes.
Initially, stocks had shown more significant.