Call me or tweet me jimmy cramer i always fall back on bullish themes the dow losing 380 points and nasdaq falling it is much worse at one point. Remember the s p was up 16 . Nasdaq, some of these names roared higher. It was insane. Look, on a bad day is easy to eye ball the stock that went up and maybe theyre the screening buy for the year if you are jp morgan or hathaway and amazon, theyre supposed to transform to change the industry i see pvh and calvin klein and tom Tommy Hilfigure and same with lululemon. Those are taking off modest rallies, led by Goldman Sachs because this is a good time to be an investment bank. Tesla jumped again why not . You rarely go wrong buying off stocks on a those on a down day. Thats a short term idea. Thats not what we are about at mad money. We are fnot looking for stocks we cannot stock that can stand the stock of time. The year and beyond first, wall street is eager to have a divided government because they cant accomplish anything for the next yea
You might hear from us we kick off with s p 500 dropping 1. 5 , the worse start the year since 2016. The selling was widespread risk on, rirvsk off tech, industry real estate. Metal jumping to its highest level in two months. As we kick off the new year in the reds should investors brace for more pain ahead. Happy new year, guy. Happy new year. Should they brace . Yes. I thought they should be bracing for a long time now. Im probably the wrong one to ask. I will say this, on december 21 vix went from 21. 5 to 30 in pretty much a Straight Line on a day the dow was down 400 points and closed marginally, today same thing, went from 21 to 29. 5 in a Straight Line thats concerning. These arent particularly huge moves in underlying equities and the fact that the vix can move that quickly that fast is concerning aside from one of the things well talk about later, iran enriching your rainium and seizing south korea oil tankers is not bullish either so theres a lot to be concerned about. At one
Christmas. Bah humbug dont be such a scrooge. Tony zhang is the perfect stocking stuffer, the one retail name hes playing for some holiday cheer, and later, tesla is living life in the fast lane. The car company cruising into the s p 500. So what does that mean for tesla options . Professor koh breaks it all down its time to risk less and make more options action starts right now. Rocking around the Christmas Tree lets get right to it you see the clock and heart music. Thats right its just one week until christmas, and that means it is crunch time for the shippers, but the chartmaster sees some trouble in the transport group as a whole is about to stall carter, take it away well, of course, its an important index. Its the oldest that we have going back to the late 1800s and its cyclical, right we now the two big package haulers ups and fedex are a 24 weight before airlines, truckers add up to 40 and the big four railroads about 35 concentrated index, and it is stalling of late lets loo
Release and vaccines the nasdaq declining seven base points had nothing to do with covid. It had everything to do with tesla emissions of s p 500 that means the whole index needs to be rebalanced to make room for a stock that just wont quit tesla closed up to 39 it does not get high flying than tesla. To make room for tesla and s p index funds. At the keep coming back to tesla because it captivated a whole generation of teslas who dont mind paying off a 60 billion Technology Company that makes cars i think it is the most important story in years we have seen this before with jeff bezos netflix became a National Past time, right tesla taking it up to 11. It becomes an ultimate love the product, buy the stock amazon and netflix have the same dynamics you dont see people worshipping bezos. They worship elon musk in a way tesla has been a Lottery Ticket for paying out for a youth number of people index funds cant give you terms. You dont have to like elon musk the guy called me a simulatio
Is anything safe nasdaq fell for its worst day since october 30th look at some of the big moves for big tech amazon and apple falling more than 2 . Is today a pullback or the start of something bigger. Tim, i will start with you the pullback 14 in eight or nine sessions, we came back to set new highs. None of this should be taken as an alarm semis were down 3 over the last four or five sessions. The door dash and air b b ring a bell of sorts. Zoom, peleton, you name it, they were down significantly. It seemed like everybody took a day off while everybody looked at an absurd, positive for dopoe for door dash i wasnt here yesterday, but i was watching watching yall all of the time the apparent frothiess in the ipo market i wont cast judgment whether its froth or ringing the bell first of all, i know you werent watching and i know if i asked you if you knew who nigel was, would you have no idea, like dom thats pathetic. Kudos to steve grasso, but i think you are looking at where to get in