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CNBC Mad Money May 12, 2016

On day two, the buyers search through the rubble and decide what deserve to be trashed and what is actually treasure. Usually it would take week or months but not anymore. It is 24 hours. Not anymore. Including today. The recovery was down 89 points, the s p 500 declining by only. 02 . And i have a theory why we now get a second day comeback. In the old days, lets say a retail, give a horrendous forecast. The sellers would dump in anything that looks like it. But other companies in the sector, they might be in a totally different business. These days if macys blows up, everything goes down. Not just the Department Stores like macys which should go down. I think it is because of the commoditization. Put simply, almost every big capitalization stock is part of a sector based etf. The knee bone connected to the leg bone. Overrides whatever else might be happening to the individual companies. Someone is doing quite well. So lets ta ....

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