Lori Calvasina on Thursday's Halftime mentioned something that might sorta get the Contrarian Spider Sense tingling.
#47 on IMDb Top Rated Movies » Judge on Monday's Halftime Report said the Call of the Day was Morgan Stanley's underweight on QCOM. Only Jim Lebenthal (who wasn't on the show) cares about the stock; Weiss called it "the No. 1 value trap on the Street for a while, and remains that."
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But Gerstner said other tech giants survive controversy. "We have other proxies for this," he said, pointing to "deleteuber." See how much you can get for your stuff on Decluttr today.
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Josh Brown said, "There are some people who have suggested that cryptocurrency prices have some sort of a read-through to the stock market," and he mentioned that biotechs have also had a big week, and he asked Lee if either of those indicators are relevant to the broader stock market.
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Glad you enjoyed the article, Meg! With all of the new technology — the WAH opportunities are endless!
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As a matter of fact, Jim dialed in and told Weiss, "It's a day off, and I get to tangle with you ... Just so you know, all right, for information's sake, I can definitely hold cash ... In February, I was at 20% cash. So I'm now at 5% cash ... I'm probably gonna put the rest of it to work."
Doc said ASH April 80 calls were bought while 85s were sold. (And Ordell Robbie said to Max Cherry, "Where do I put my ash?")
Finally, Jim Cramer said, "I think you can." Jim Lebenthal early on Friday's Halftime offered a curious opinion on the November midterm elections (gee whiz, can't we enjoy summer first). 6 Reviews
Fashion Brands TenMarks.com Best Tapas in Oslo Joe Terranova, who predicted AAPL would be the first to a trillion, said the AMZN price action "is reflecting the expectation that they're going to beat."
Indeed Gigs - Atlanta, GA Looking to the board for help (how'd that work at GE), Jim said IBM has former CEOs of DWDP, EMR, CAT and AXP on its board, and they "know what to do" in this situation.
"Then we should also have the same concerns-" Winer said. Jon Najarian bragged that he was "pounding" the table for FB when it fell to 149. Doc noted that Jeffrey Gundlach shorted FB. (How's that working out?) (You know, that was the "terrible" chart as of April 23 and the idea that "equity bubbles pop by regulation.") Doc noted that PYPL was "under 71 bucks the 3rd of May." (This writer is long FB and PYPL.)
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tammi says Judge said Bill Miller says "this too shall pass" and that FB is "too cheap."
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Josh Brown said it's "too hard to say" as to the direction of the next 10% of the S&P.
Joe warned about the "incredibly challenged" GE balance sheet.
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6/17/2016 January 5, 2015 at 8:04 pm Josh Brown said, "Joe makes such a great point," noting last year was unusual with so many days at record highs, but over 80 years, the stock market "has only spent 7% of its time on a daily basis at a new high. The other 93% of the time you are in a consolidation."
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