Later, chipotle, one of the best stocks the ceo will join us power lunch starts right now welcome to power lunch check out the markets and the performance here today the record rally hitting a roadblo roadblock. Hanging onto gains ever so slightly here. Take a look at microsoft that stock hitting a fresh record high today. Its now up 50 so far this year well have more on that later. Tech stock really on tear having the best year since 2009 up about 41 bill, over to you. Thank you we start with two of the big movers today kohls and home depot. Accounting for nearly all the declines today both stocks sinking after slowing in sales are these retail reality check lets head over to bob for more on todays retail wreck. Hello good to see you. This is a difficult question right now because there was a lot of questions on the Conference Call about this home depot sales missed to what they call timing of certain Investment Initiatives whats that all about . Its up almost 40 for the year. Now its
P. M. 11 00 a. M. On cspan. You can watch on cspan, cspan now, or cspan. Org. Bryden and others discuss Publicprivate Partnerships i need this industry. Sharing between the two sectors was among the topics discussed. Hosted by the George Washington university, and Elliott School of international affairs. This is 2. 5 hours. Our keynote speaker Jim Bridenstine is here. And one of my former graduate its now at nasa headquarters is also online and we will have him in the first panel. The topic today on Publicprivate Partnerships in space. I think some person said, does this mean too big to fail . There are lots of uncertainties about these kinds of things. Concern about the Industrial Base goes back to the beginning of aerospace in the United States. The creation of the predecessor to the Nasa National Advisory Committee on aeronautic was funded by 5,000 carved out of the main budget back in the early 20th century. Several years after the ride the Wright Brothers have already flowed. Euro
Of international affairs. This is 2. 5 hours. Our keynote speaker Jim Bridenstine is here. And one of my former graduate its now at nasa headquarters is also online and we will have him in the first panel. The topic today on Publicprivate Partnerships in space. I think some person said, does this mean too big to fail . There are lots of uncertainties about these kinds of things. Concern about the Industrial Base goes back to the beginning of aerospace in the United States. The creation of the predecessor to the Nasa National Advisory Committee on aeronautic was funded by 5,000 carved out of the main budget back in the early 20th century. Several years after the ride the Wright Brothers have already flowed. Europe accelerated is plans. If you did not hear about American Craft in world war i. You heard about french and english and japan. America was not deprived prime leader in that time. In a concern, a natural Advisory Committee for aeronautics was put together which included industry
Surround the trade 16. 25, 17. 10. Whoa. Whoa. Pete . Not only did i win our street fight tonight with csx, but selfproclaimed victory. I like that. But look at that name right there. Canadian pacific. Its going to go a lot higher. Great manager and toot toot, this things going higher. Giddy up. Lets go. Ride the train. All right. Im melissa lee. Thank you for watching. See you tomorrow, 9 00, squawk on the street. More fast money here at 5 00 tomorrow. Thats all right here on cnbc. Im jim cramer. Welcome to my world. You need to get in the game. Go out of business and hes nuts, theyre nuts they know nothing. I always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to cramerica. Im trying to save you some money. My job, entertain you, coach you, teach you. Call me at 1800743cnbc. Im itching to go tonight. Because im on a mission. A mission to take you from the forces that want you to lose money. Including alas, yourself. Yet, t
Arrogance. When you own stocks you have to be humble. Humility, people. Although i of all people recognize that humility doesnt come naturally to everyone. You have to recognize youll be wrong. Perhaps often. As the past three years have taught you painfully your portfolio will get hit with things that you never saw coming. Things you never imagine. Let alone never thought possible the house of pain. The one thing you can be sure of when putting a portfolio together, at some point something is going to go off the rails. Something is going to hit you, totally out of left field. A baseball analogy. Thats why its important to prepare yourself and your stocks for the next unexpected catastrophe. Maybe it is time to make money in that catastrophe. Or make money when things are going smoothly. How the heck do you get ready for a calamity when you dont know what it will look like . Do you expect the unexpected as an investor . Look, well never necessarily when the market is down gigantically,