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Cant comprehend it. Sometimes youre dazzled by all the ways that this market gives you to make money. Big money. Today was one of those days. Dow climbing 78 points. S p gaining 0. 4 . Let me tell you how that money was made and then more importantly, plain the take aways from each win. Because i need you to understand that the gains in this market have been extraordinary. Why is that . Simple. Its because managements will not let up about their stocks being too cheap. They hate it and they keep doing something about it. Meanwhile, other companies are now coming in to buy the stocks of still other companies that they think the stock market isnt paying enough for and are worth a great deal more to an acquirer. And still other companies have so much growth that their stocks cant seem to do anything but go higher. House of pleasure. Lets start with everyones what everyone is buzzing about. The 85 hostile bid for time warner launched today by murdochs company. We all know that the companie ....
I have no problem with it. Even as it certainly isnt my style to radically overpay, which is why im not going to sweat how the ipo of the year, twitter, traded today. In an otherwise soggy session. Dow gave up 115 points. S p drop 1. 32 . Nasdaq declined 1. 9 . You most likely all know, the Company People thought would open at 22 a share a few weeks ago, which actually opened at 45 and change today. You watched the saga today with a jaundiced eye, as i did. I thought it was imperative to put the companys stock within the valuation confines of the other industry in industry, social mobile and cloud space. As someone schooled in relative evaluation, meaning how does twitter fit in with the rest of the cohort even if the cohort has scarcity value, i arrived at a 28 price in the cool of the night that i felt wasnt prudent to go above. Because thats what the universe of facebook, yelp, linkedin and other social, mobile, cloud plays yie ....
Same time period. And one of the best performing sectors under the president has been technology. Second only to consumer discretionaries. The tech sector up more than 100 over the past four years. And 13 days of trading into 2013, the tech sector continuing its gains of just under 2 and this week is a big week for tech earnings, everyone. Coming up, we will break down the most important things you need to know about the big reports. And are you better off than you were four years ago . Well, at least your 401 k might be. How do you make sure that your portfolio has returns . Like all of this, we have a guy that can help you. The multistrategy income fund is outperforming 99 of its peers. It is up 24 year over year. Angel oak cofounder and chief Investment Officer will be joining me during this hour to tell you why he is going big on real estate. Plus, weve seen the beginnings of a rebound in the housing recovery, but is washi ....