You have to get peoples attention when youre selling a product that melts so i always burst through the gate with a robust war cry, whos next for ice cream . I bring this up because when President Trump unilaterally decided to hit mexico with a big tariff for ten days, make them close the border, all i could think was, whos next for ice cream . Thats why the market got pole axed today whos next for punishment with the dow plunging, s p plummeting, and the nasdaq nose divi diving whos next for tariffs as someone whos generally been supportive of the president s hard line position against china, i feel like i need to draw a line in the sand here if you want a Strong Economy and higher stock prices which is what i favor the last thing you need is a president who bursts through twitter saying, whos next for punishment. I think theres a time and a place for tariffs. Ive been critical of our nations trade policy for ages, for all the time ive been on cnbc, for all these years, our old policy
Of course nasdaq plunging 1. 76 . You have to be mindful we have to be on the lookout for whats called a whoosh or a crescendo of selling that causes a bottom. Usually intraday dont worry, im just putting you on notice. May not happen tomorrow, may not happen next week but it will happen if stocks keep going down like this and the bond market one day stabilizes and we are no longer fighting the darn fed, which we still are. One day that will occur. Not yet. But thats why you need to be ready with your Shopping List of damaged stocks, not damaged companies. Because theyre whats worth buyi buying on the way down you tend to forget about them while this carnage occurs i like to have objective my favorite is when they have down to up volume of 91. It means finally the bulls capitulate and theyve surrendered and therefore theres nobody left to sell which means youve got to do some buying. Now, todays a typically ugly day, not the kind where you get that whoosh bottom i like to look at count
Discount retailer Dollar General, which as of early this year offered customer self-checkout in most stores, has reversed course with an eye toward having it available only in limited locations in the future.
Discount retailer Dollar General, which as of early this year offered customer self-checkout in most stores, has reversed course with an eye toward having it available only in limited locations in the future.