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Nasdaq climb. 22 . But as much as i love it when stocks go higher i recognize the mark can only go up as much as the earnings let it. Next week we get a parade of numbers that will challenge that numbers fate. Monday, we hear from a company that has captivated the analyst this week, netflix all week weve seen analyst tripping all over each other to raise their price targets in how netflix is signing people up worldwide while at the same time increasing its prices. I typically dont like it when stocks run in advance of earnings like this one few companies can ever live up to the elevated expectations, the hype netflix isnt any company. Its a company that pioneered the company for watching the programs you like without spending all the money on cable. Its a business that can scale like no other. It even have me watching things with titles. So, my prediction is when netflix reports after the close the stock will go up instantly by a huge amount or go up over time after a dip i think the c ....
The new tax plan, is that something thats going to benefit us as investors. I think a lot of people are confusing the places on our screen with what happens in washington. And i can tell you that is one giganda mistake, they know nothing. Even after todays Late Afternoon pull back, the true driving force behind this market remains earnings, the profits of companies, were in earnings season. Just like the Strategic Bombing campaign from world war ii, were being carpet bombed with news. Far too many people in this business believe that what these individual Companies Say is just noise compared to what the president of the United States is. Too many investors are all about listening to lawmakers and debating polity positions rather than the merits of actual stocks, so ....
In fact, if you arent at least a little worried at all times, you cant call yourself a professional all pros are paranoid in this business why . Because without some permanent paranoia, you end up missing days like today where the dow lost 158 points, and nasdaq plunged 1 no day can be dismissed, especially not a big down day like this one where you might miss some major disaster lurking around the corner. Before you get to what has me concerned here, let me point something out. I got into this game im older than the old pros who hate to call it the game i got into the game at 1100. The dow is now 21,000320 back then the dow had just run up 300 points over a series of months to get to that 1,100. I liked the tape i liked the market what did i hear at the time . First people told me that i had missed the move. It was over. It was based on nothing. So forget about it second, they said theres no reason to believe the future would be better than the past. This was in the early 1980s. The j ....
Was that wages went up, and thats great for the american worker. 2020 hopeful Elizabeth Warren, shes going to propose a new plan to take on tech. And the question of what theyre allowed to buy, what data theyre allowed to trade and how they should be behaving as corporate citizens. There is strong, even angry reaction to the sentence giving to former Trump CampaignPaul Manafort. 47 months, a federal judge sentences Paul Manafort to less than four years in jail. Despite eight felony convictions on tax and bank fraud, the court declaring President Trumps former campaign chairman, quote, lived an otherwise blameless life. I feel very badly for Paul Manafort. ....
Interactions with the president who seemed to be very focused on firing the director and saying things like, make sure you put russia in your memo. That concerned rod in the same way that it concerned me and the fbi investigators on the russia case. President putin had told him that the North Koreans dont actually have those missiles. And u. S. Intelligence was telling the president what . Intelligence officials in the briefing responded that that was not consistent with any of the intelligence our government possesses. To which the president replied, i dont care. I believe putin. I believe i was fired because i opened a case against the president of the United States. You cant believe what andy mccabe says. This is probably the first time in the history of the country that you had top Law Enforcement officers in effect s ....