Is outside the white house, elon is there in washington standing by with the latest on the tax bill itself. Lets start with you, what do we know about this event coming up . Reporter theyre not actually going to do a bill signing. The sbil not ready to be signed just yet, but this is very much a Party Atmosphere here on the south lawn of the white house. We have the marine band going through a list of Christmas Carols a few moments ago theyre serving hot drinking over here. Some of the vips and dignitaries have gathered in the audience. You can see behind me, republican members of congress lined up on the steps just above the south port co. Here on the south lawn of the white house. This is a unified Republican Party right now. Theyve been through a lot of tough infighting particularly over obamacare, this is a big win. This is a moment in which youve seen the president of the United States already today handing out praise to republican leaders, some of whom hes been attacking earlier
That anybody sitting on the sidelines is basically an imbecile theyre going to miss out because markets are going to continue to soar this year certainly with all the tax cuts so thats what he thinks maybe maybe for a year though these money is a week ok im sure the democrats are hoping that hes not ok because they need a market crash if this is the sort of you know its the economy stupid well let me point something out ray valeo can make a Statement Like that and be long the market and also hedged so he could put ten billion dollars in the stock market and for two or three percent of the vestment he can be hedged with puts and futures contracts limiting his last two or three percent if there is a crash the people who are listening to him will go along the market or on the head of the t. T. Ameritrade or the discount brokers theyll pile in the money will pile in but they wont be hedged so if there is a ten twenty or thirty percent correction or a crash theyll feel it all laurie dahlia
That anybody sitting on the sidelines is basically an imbecile theyre going to miss out because markets are going to continue to soar this year certainly with all the tax cuts so thats what he thinks maybe maybe for a year though these money is a week ok im sure the democrats are hoping that hes not ok because they need a market crash if this is the sort of you know its the economy stupid well let me point something out ray ballio can make a Statement Like that and be long the market and also heads so he could put ten billion dollars in the stock market and for two or three percent of the vestment he can be hedged with puts and futures contracts limiting his last two or three percent if there is a crash the people who are listening to him will go along the market or on the hedge the t. T. Ameritrade or the discount brokers theyll pile in the money as a pile and but they wont be hedged so if there is a ten twenty or thirty percent correction or a crash theyll feel it all. Dahlia will fe
For the First Time Since the financial crisis well its a curious timing on that you know the postcrisis the dow got down to nine thousand now its flirting with twenty six thousand and these will any of us are piling in now at this level but they hated it at nine thousand thats the way markets are there despise the lows when people should be buying in their loved at the top still and people should be cautious so this is a classic kind of contrarian indicator that if youve got the an educated now piling in at all time highs i think the professionals will start to ease out for the exits before the mad rush well this is a dangerous sign that this next tweet because of course many of these millennial hell be buying by an Online Discount brokerage and heres one of them a tweet about one of them t. D. Ameritrade c. E. O. Says he has never seen client cash flow. This low clients highly active in markets again another contrarian indicator so when you have low cash levels in accounts of people a
They hated it at nine thousand thats the way markets are theyre despised the lows when people should be buying and theyre loved at the top when people should be cautious so this is a classic kind of contrarian indicator that if youve got the an educated now piling in at all time highs i think the professionals will start to ease out for the exits before the mad rush well this is a dangerous sign that this next tweet because of course many of these millennial hell be buying by an Online Discount brokerage and heres one of them a tweet about one of them t. D. Ameritrade c. E. O. Says he has never seen client cash levels this low clients highly active in markets again another contrarian indicator so when you have low cash levels in accounts of people are fully committed thats typically a market top when you have. Great bullishness thats generally on the market top when the pulled call ratio is extended a level more bullish bets than negative bets thats generally a market top so always con