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Judge and Mike Farr said there's a "concrete" floor under AAPL thanks to Buffett. Weiss said, "That concrete on IBM, which he announced that he sold all of, and that stock's up today as well, that concrete fell right on top of shareholders."
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Gear & Style Jim said the VIX is around 21, a level it generally "does not hang out at." Either it'll get a lot worse, which Jim doubts because it has been higher for a couple months, or earnings will calm things down. That's a fine point, but it sounds to us like the tail wagging the dog, or, as we like to put it, effect mistaken as cause. What Jim is really saying is that stocks have lacked buyers for a couple months, and it's presumably due to change.
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On the other hand, Left seemed to be making a simple valuation call, stating, "I'm short the name, because it did get ahead of itself."
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"It is a stock-picker's market," Kilburg assured. 'G.I. Joe' Character Snake Eyes Getting His Own Spinoff Movie (Exclusive) Judge said that sounds like the point Wien is making.
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Copyright © 2018 HowStuffWorks, Brown protested that he "conclusively" proved that it doesn't. Judge scoffed, "Giving past history doesn't mean a damn thing to me."
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This is an awesome list! Thank you for providing all of this useful information in one convenient place. Jon Najarian said "homebuilders are up today," so if 3% "is such a line in the sand ... why are those stocks up."
Jim Lebenthal said the bull case for TWTR is that "people think it's gonna do what Facebook did." Nevertheless, Jim contended, "When they report this next quarter, particularly with the volatility across all financial markets, the trading is going to be a standout this quarter." (And when has anyone ever NOT predicted a great quarter just around the corner for Goldman Sachs.) (And how come everyone always presumes the banks do great trading in rocky markets?)
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