Also in this playlist...
This transcript is automatically generated
And Ryan let me go back to you because generally I I agree with you that that.
The whole economy is poised to take off they've been so beaten down -- new regulations with the threat of new taxes would obamacare etc.
that -- They're waiting for a -- to -- but then when you get any kind of bad news you see this sort of market reaction.
Would you say that because you think we targeted.
Jump eventually that that this is -- nearer would you stay clear of -- stock like Blue Nile.
Of particular Blue Nile because again it's sad that we price section I know also there's been some optimistic seminal -- look at the analysts see analysts actually more bullish Blue Nile sort of media stock that's going lower months you know -- darts -- with months optimism.
It's something that I personally will avoid here.
Yeah -- what about you having pretty much same question is there anything that could say on the call or maybe.
You know is there anything that revenue number first glance looks like it's possibly -- is there anything you could they could do to make you feel like -- -- -- -- I don't think there's anything that you do right now except for maybe not tell the truth from me -- by the stock right now I would just -- and seeing happening outside.
Brian and we want some pics from you I know that your big on a whole foods and frankly who isn't right now but you're also big on Lennar.
Why do you think Lennar housing might come back.
That's exactly -- exactly right here you know when you look at the overall consumer we still think the consumer is strong so for that reason we like housing we like retail specifically when you.
The housing and what signs do you see and -- -- I can understand whole foods.
There's -- -- -- like there's no tomorrow they're opening new stores every work they're packed.
But what about what gives you any optimism about housing.
Well the main thing that we like about house in the stocks have been extremely strong since October lows and what do we see in the options market a lot of skepticism wanna put bonds -- -- bearish bets the -- go higher also increasingly short interest.
In other words again more bearish bets we love -- see stocks that go higher.
-- a skepticism that negativity in our view on any positive news and unwind so you know -- -- -- short on winder bearish on wind and the shares -- just about much higher at a much faster and we still think housing health of an affair -- sector -- for awhile.
We still think for the rest remainder this year it's a really nice here because of the lowered expectations.
Filter by section