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Tweet me jimcramer. I dont know about you, but it feels better, doesnt it . Is it actually better . Pretty good consolidation following yesterdays big run. Dow inched up, nasdaq climbed. Thats why we have our checklist, the one i created back in midjanuary when it was ugly to help determine if this market has what it needs to give us a sustainable rally. Not a tradable one but a sustainable one. We said the fed has to give us clarity about where it stands on rate hike and the last week weve had two, the new york fed downgraded their views of the economy will be cautious about the rushing to rate hike judgment. As long as we dont get a smoking hot employment number on friday. This is good enough for government work. You know what im doing . Im checking it off. Two, we need some resolution to the political uncertainty. List, we had no certainty in either party. After last night, barring some extreme, its hillary versus the donald. Now we can create portfolios for either eventuality. Mayb ....
We expect aggressive stimulus. Meanwhile, the decline in the shanghai stock market hasnt hurt our markets. Thats a big change. Ill call it a half check. Thats why we have half checks. Maybe it can be a full check on monday if the parliament does the right thing. Fourth, do we have a commodity bottom . Copper is breaking out. Im feeling more confident this group may be going down. Not necessarily from increased demand which is what we like but from reduced supply so what were going to do is give it a check mark. Box number five, oil needs to stop going down. The relentless slide must end. Hmm. We had a big inventory increase today and it didnt get hammered, it went higher. New pattern. It looks like oil stocks have stabilized. Im feeling good crude may have bottom. I dont expect a big rally the market but the down side seems to be quantified so i am saying check. Six, we need to see some improvement in the geopolitical scene. Here we have a definitive check. North korea started this, no ....
As long as we dont get a smoking hot employment number on friday. This is good enough for government work. You know what im doing . Im checking it off. Two, we need some resolution to the political uncertainty. The last time we went down the list, we had no certainty in either party. After last night, barring some extreme, its hillary versus the donald. Now we can create portfolios for either eventuality. Maybe ensuring our portfolio for some of them. I say check third, we need china to get better. Its gotten worse but the frame index has been creeping up slowly and theres be a big Chinese Parliament meeting where we expect aggressive stimulus. Meanwhile, the decline in the shanghai stock market hasnt hurt our markets. Thats a big change. Ill call it a half check. Thats why we have half checks. Maybe it can be a full check on monday if the parliament does the right thing. Bottom . Copper is breaking out. Im feeling more confid ....
Let us pray. Holy god, we gather today at this special place to remember a tragic chapter in human history. We remember lives sacrificed for freedom, and we remember those who served to bring about freedom. And we remember the sur render that brought about a culmination to that tragic chapter in history. May in our remembrance we take hope that justice will come and must at times be brought to bear through conflict. For those whom we stand on the shoulders who made this nation great, we give thanks. For those who still have hurts and pains of this chapter of war, and other wars, we ask for peace and their brg. And we beseat you oh god to help all of us strive for a better world, and diligently work for greatness in our own land. Our country has been truly blessed by you, o god, and has been a shining city on a hill for justice, care, compassion, and right in the world. Help us keep our shining city bright. In your holy name i pray, amen. Please, be seated. Its going to be very hot toda ....
Columnist for the hill. This week syndicated columnist cal thomas and the latest book what works Commonsense Solutions for a stronger america. He argues that solving the countrys problems start with looking at what works in the past, discarding politics and listening to voters. This program is about an hour. Host we are joined by cal thomas on the new book what works, Commonsense Solutions by a stronger america and sean hannity. That tells you a lot about this book. Guest hes a very good friend of Christine Harper collins, which is publishing the book thought that he would be a very good person to have a right the foreword. Nancy pelosi wasnt available. Host this is intended for a conservative audience. Guest isnt liberal or conservative, republican or democrat. We have challenges that affects everybody r ....