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Judge said he's "doubtful" that the broad market can thrive without FAANG. Pete said he disagrees, mentioning some tech greats. But Judge is right. FAANG stalls, and this market's going nowhere.
Get Arty and crafty "Chappaquiddick" is an excellent movie, not perfect, but excellent, one of the best in years, and should be appreciated by anyone based on cinematic merit. It will likely enjoy a sustained audience from those on the political right or those simply skeptical of the Kennedy family, although the polarization of the protagonist weakened considerably since about 1980 and has virtually disappeared since his 2009 death.
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Jim Lebenthal said he'd "make this really simple for investors." Weiss asked why Jim was "insulting" investors. "No I'm not insulting anyone, hang on a second," Jim said, explaining that you might want DBX if you're playing user growth but not if you're into fundamentals. Weiss and Brown agreed there's "no moat" in DBX.
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We live in an age of diminished standards and accountability. Too many people at all levels of society, from presidential candidates and corporate executives on down the ladder, say whatever they want without regard to truth, knowing that their enablers will support them. Mayweather is a poster boy for that phenomenon.
Josh Brown, who had one of his best shows in months in part because he dialed it down and didn't overtalk, noted that "Kudlow hates tariffs." (But Kudlow will probably end up in charge of the Justice Department or CIA.)
Pete said Goldman Sachs has been right on CLR, on which it's now neutral.
Jon Najarian said MCD is saying delivery made a "meaningful" contributions to earnings. Joe Terranova rekindled yesterday's curious observation, protesting, "The economic growth is there," citing lumber prices and even mentioning Pete's unusual activity in MAS. (Um, we'd never thought of the Najarians' detection of unusual call-buying on HeatSeeker as an economic indicator; guess there's more to this gig that we need to learn.)
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Jon Najarian said, "I love the service, but I don't like the stock price," because of the competition. Once you are all set up, Live Ops has an excellent online training program that teaches you how to handle calls from customers. You will be taking calls for many different companies. When you start working, your phone will ring and a script will pop up on your screen. You simply read the script word for word and input customer information as you go along. If customers have questions, there is a section on your screen with FAQ’s and you are also logged into a virtual chat room should you need to ask for support from a supervisor.
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