Joe Terranova on Monday's Halftime offered a political rationale for why the stock market has been stumbling.
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Judge and Cramer said they disagree with Larry that this trade stuff hasn't damaged the market. "The rettiker (sic pronunciation), the- the rhetoric is hurting the market, is it not?" asked Judge. "At least on a short-term basis."
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Jon Najarian said if CELG gets into a 90-96 gap, "it's gonna just start floatin' to the upside, I think."
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$20 Scratchers Doc also said April 33 DVN calls were getting bought. Pete Najarian said May 55 MRK calls were getting bought. Pete said March 30 calls in JBL were interestingly being bought with earnings ahead.
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By Jeff Rose on January 16, 2018 · March 16, 2018 Income Potential: Varies by market and driver Joel Shapiro Doc’s exactly right — once the tariff b.s. blows over, stocks are catching fire
Tue 10:00 am - 7:00 pm But Judge asked Brown if all the "attorneys general stuff you're talkin' about is already in the stock," as well as the prospects of Zuck testifying.
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Playing Late in the show, Weiss said TSLA is "egregiously overvalued," so he believes the short thesis "will play out."
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Doc admitted he "foolishly grabbed some upside calls into earnings yesterday" in BBBY. Anything from cutting the grass and shoveling snow to painting, hauling away junk and small repairs.
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Dwayne Graves says Kevin O'Leary said BAC has a "jaundiced loan book, in other words, it's not growing."
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Farr said Larry Kudlow is "kind of a perfect choice" for this post and would supply "adult supervision," which would make Larry about the 5th or 6th individual who supposedly could supply that ingredient to the White House.
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Agreed totally, Corrisa. Thanks for stopping by. Plus, plenty of people need their holiday lights staged and taken down.
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That last reference somehow prompted Winer to suggest talking about "the U.S. consumer's balance sheet. What about the American government's balance sheet." KelvinMuchangi says: ReD Associates
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Joe Terranova impressively pointed out FB has 43 buys, 3 holds and 2 sells with a 225 12-month target. "This can be healthy as long as it doesn't last too long," Jim said, explaining "there may not be a catalyst" for the market but a "slow bubbling higher that starts to take place."
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Judge said Jamie Dimon is even floating a potential 4% on the 10-year. Tony Dwyer pointed out that rising short-term rates is "a disinflationary long-term move."
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