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Darn stupid lately. Maybe President Trumps thrusts have thrown investors off their game. But im becoming increasingly aware information not being valued accurately day after day. Its a big factor in the rally. Dow up 8 points. S p back slid 0. 09 . Nasdaq declined 0. 08 which can only be regarded frankly as a successful consolidation of the recent run. Take last night. Take cisco, the giant networking equipment maker, morphing from a hardware to a software company. It reports revenues that look anemic, and the stock gets banged down instantly. Im sitting there, having done a ton of homework for tonights interview with the ceo, and i can see from the deferred revenues the real number, the real metric that matters in a software company, that its actually a much better than expected quarter, especially when you compare it to the previous one. Im aghast that once the stock does tick down, the journalists are out in full force. Theyre ....
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