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it s got another 7, 8% worse to the down zblood really. the market has three things going for it steve mentioned one. there is a kmans chairman powell backs off hawkish languaging. that would be encouraging in the short-term. okay. in the short-term number two i think there is a chance maybe president trump and president xi get together and get some accord. maybe there is pain on both sides for them to come to the table. number two number tlie on the verge of earn earnings and those and guidance will be good that s the in the bull camp. how do you know it s over? there is a day the market washes out and the volatility index up pretty much all day today despite ralliying at a point will be down when you soo he that day that s when the bottom has been put in. today was pretty heavy volume is this it. today was heavy volume. but you need the three-day rule. you need to see it stabilize 27065 broke it violated it 2710 that s the low. why do you think it s ne ....
or tweet me @jimcramer why does the market keep plummeting the dow sinking another 546 points today the s&p plunged 2.06%. nasdaq lot lost 2.15%. there are two ways to approach this kind of issue you can take the macro, or top down view where you re looking at big aggregates or take the micro, or bottoms up view where you listen to individual companies and piece together the comments in a mosaic right now, there s a ton of tension between the two. the federal reserve cares about the macro, anything that tells them about the totality of the economy and based on that, our new fed chief concluded that business is so strong, that it can handle a series of rate hikes into 2019. but the myrow, icmicro, after rg scores of company conference calls and presentations, the micro, makes me think that the economy has already peaked let me give you an example this morning, we interviewed my old partner, larry kudlow. he told us a story about a booming economy, a smashing success, boo ....
air is just three is the response. it is a breakdown areas services go peninsula forecast today you re breaking up this morning with a partly cloudy skies. this afternoon to be sung by the beta clause may linger a bit out of the) look good temperatures hear that again be at the 65 on the coast 79 for the bank and services will just be a little cooler tonight clause of bill once again and temperatures will drop down to 0 or 50 s. some no surprise there but it will be a beautiful day today in a matter where you are here s a snapshot of that temperatures and expect to see the warmer spots to be out of the east and the store s 90 degrees today in the south bay in-depth of little value. perfect weather by the way to view will nascar racing out of this in no raceway. the a pretty good ride around the bay were looking at her river u.s. bus was born in a symbolic of the bay bridge is and written about 3545 minutes later than usual still not much of a backup we re for the first ....
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