âI recognize the fragility of this moment. For those who pick stocks, this is a time to own ⌠gold, some good staples, mainly food, definitely drugs and utilities like American Electric Power,â Cramer said.
No gold. Got PG, AEP, AWK, and AWR. All near ATH
âIf you want to sell some stock in the next bounce, and there will be a next bounce like we had [Wednesday], you have my blessing,â Cramer said.
I need that re-bounce.
âWhile I donât actually think that weâre all that close [to a bottom] if things keep getting bad, I also donât want to wait too long to put that cash to work,â the host said.
Warren blamed anti female forces and everyone else for her failure. People just donât like her. She is a finger waving school teacher.
Politicians need to be inspirational not professorial. She is a policy wonk. Works in the Senate not as an executive.
Clearly FED is protecting bad investments and bad business decisions by bailing out incompetent players. This is not good for America or capitalism. We need all the bad investments and business decisions to lose money and quit the market so that healthy business and good investment can take over.
That is how FED has been fooling everyone for a long time. Dominoes should fall where ever they may. FEDS charter does not include preventing Dominoes. The problem is that no one know what is the true value of the market. Investors have been shielded from true price and true risk. Risk is part of the price. So, if risk is 0, you can assume what the price should be. If I become a president, I would start the process of dismantling FED, probably before I complete troops pull out from some foreign war.
Investing without true understanding of risk and price is like going into a war zone blind folded.
Possibly I do hold some kind of prejudice. That said.
Bunch of big wall street intuitions alone do not constitute a nation. There are many others too. Transferring wealth from common people to wall street by printing money should not be a role the FED should play.
Whatâs special about more cases in the Bay Area? I think outbreaks in more cities would be worse news. Thatâd mean itâs further from being contained.
Bay area is the global tech hub. What do you think will happen if they declare that thereâs a confirmed case at Apple? Perception > reality, no matter how much productivity you get working from home.
All travel banned without approval from top in one bay area company. Many companies are suggesting employees to work from home if they like. Synopsys User Group conference planned for march 18-19, a major event, cancelled. Quietly things are happening.
AAPL AMD AMZN display resilience. Avoid all cloud/ SAAS stocks especially those going for ârevenue growthâ aka canât make $ now, may be in the future or some suckers acquire me.
ammunition.
