MENDING MARKET: This is an 'adjustment period,' expert says

THINK YOU WOULD HAVE A GOOD WE CAN SEE THE OKAY FOLKS, AS MENTIONED EARLIER RULING OF WEALTHIEST AND THERE JUST BARELY BARELY MOVING BUT AGAIN THE DOLLAR IS HIGHER COOL IS BACK IS NO DOUBT THE MARKET WILL CONTINUE TO DIGEST WELL WE SEE MONDAY CAN BE COMPLETELY DIFFERENT BUT GOING INTO THE WEEKEND SHOULD INVESTORS BE THINKING WHAT ADJUSTMENTS SHOULD THEY BE MAKING AND I WANT TO BRING IT ADVISOR CHIEF LANCE ROBERTS A BEAUTIFUL CHECKLIST THAT YOU PUT TOGETHER FOR US AND WE APPRECIATE THAT BEFORE WE GET INTO A YOUR OVERALL REACTION TO THE REACTION. IS WHAT YOU THINK ABOUT IT IS SAYING. >> A COUPLE OF THINGS KNOW WILL FIRST OF ALL, THE MARKET IS STILL STRUGGLING WITH THE IDEA OF NOT HAVING FORWARD GUIDANCE RIGHT AND FOR 15 YEARS IN THE MARKET HAS BEEN WORKING OVER THE FENCE AGO YOUR FUNDAMENTALS NONE OF IT MATTERS IS THE FED GOING TO CUT RATES OR DO MORE LIQUIDITY ETC. SO THE MARKET IS GOING THROUGH SAYS ADJUSTMENT OUT HAVING TO FIGURE OUT HOW TO GO BACK AND DO THE WORK THEY WERE SUPPOSED TO BE DOING PREVIOUSLY ABOUT HAVING THIS GUIDE IS TO FOLLOW ALONG WITH IT. MR. STRUGGLING WITH IT AND THIS IS MONIES DANIEL WAS JUST WAS POINTING OUT ECONOMICALLY GREAT NEEDED JOBS REVISION EXPECTED TO DO BETWEEN 50000 POSITIVE CAME IN AND 80000 NEGATIVE CERTAINLY SUGGEST THE ECONOMY WEAKER BUT ON THE OTHER HAND, MANUFACTURING AND SERVICES INDEXES ARE DOING WELL BECAUSE OF CAP EXPENDING THAT THERE WAS A REALLY IMPORTANT NOTE BY KEVIN WORST IS ABOUT AI SAID PRODUCTIVITY IS JUST INFLATIONARY OR IS THE INFLATIONARY SHORT-TERM PRESSURE CAP EXPLAIN WENT OUT THAT WILL BE THE BATTLE HE FIGHTS AT THE END OF THE YEAR. >> SO KEVIN WORST STOPPAGE ABSENCE NOT JUST TELLING AND HIS INFLATION RATE GO WITH THIS PC AND OF COURSE, 3.3 OR 3.7 VENICE CENTENNIAL MENTION 2.3 AT THAT I THINK THAT ASSEMBLY THAT'S WHERE HE WOULD LIKE TO ADD IF YOU READ HUNDRED REBOOK SOMETIME NEXT YEAR. BUT DOESN'T WILL REVIEW. AND SO FAR FROM DISCUSSING THAT THE MARKET SEEMS TO WORRY BUT THE FACT THAT SOME PEOPLE THINK A LOT OF PEOPLE BELIEVE THAT KEVIN WORST REALLY WANTS TO ACTIVATE. >> PERSONALLY, COME SEPTEMBER UNDER THE FED RATE HIKE I'M GOING UP I DON'T THINK HE HIKES THE RATES HERE AND THE REASON THAT I DON'T THINK THAT HE DOES THAT IS BECAUSE YOU HAVE A COUPLE OF THINGS THAT ARE IMPACTING YOU KNOW INTEREST RATES AND INFLATION CURRENTLY WHICH ARE OIL PRICES IS HAPPENING WITH IRAN AND TARIFFS ARE STILL WORKING THEIR WAY THROUGH THE ECONOMY AND THOSE THINGS MORE TRANSITORY IN NATURE WE RESOLVE THIS ISSUE WITH IRAN TOMORROW, THE OIL PRICES WILL DROP AND SO BECOMES OUT. THE INFLATION PRESSURES A LOT OF HEAT FROM THE SAME THING WITH VENEZUELA, THE PRESIDENT TRUMP IS RIGHT OR FIND OUT THAT COULD BRING DOWN THE COST OF OIL PRICES AND LOWERING THE RATED INFLATION THINKING INTO YOU KNOW INFLATION PUSH THE OIL PRICES I KNOW IS RISKY FOR THAT THAT SO DON'T THINK DO THAT MANY GET PULLED BACK IN SEPTEMBER AND RATE HIKE MAYBE LATER THIS YEAR IF THESE INFLATIONARY PRESSURES CONTINUE TO ACCELERATE WE WILL SEEK I THINK THERE'S ENOUGH DATA SUGGESTING I DANIEL WAS RIGHT IN HER COMMENTS, THAT HE THINK THAT THE REAL CONSUMER THAT I'M INFLATION AND INTEREST RATES ARE CREATING DEMAND AND THAT IS BEEN THROUGH SO THAT WITH LOW MARGIN THAN LAST REPORT. >> I AGREE WITH YOU 1000 PERCENT THINGS THAT EVALUATE UNTOLD STORY THAT IS SWEEPING IN THERE, RELUCTANTLY X HE BECAUSE WERE GETTING A LOT OF SHIFTS THROUGH AND IS GOING THROUGH NOW AND MAY NOT WIN THIS THING AND SIGNATURE JUST MADE THROUGH ATTRITION WE MAY ACTUALLY END UP GETTING ALL OF THE OIL FLOWING THROUGH WITHOUT A BIG HEADLINE IN THE ME SKIP ONLY THE NAMES YOU MENTIONED THE PAST MADE BIG NEWS THIS WEEKEND BIG MOVES. SALESFORCE, CONGRATULATIONS AND YOU SAID HANG IN THERE AND YOU SEE IT GOING OUT. >> BUT IS A LITTLE BIT OVER BUT BUT HERE SHORT-TERM A DAY HUGE MOVE UNITED WHEN SHE SAID RIGHT HERE BUT IF YOU CAN CATCH US ON A BIT OF IT ALL BACK, I THINK THAT YOU DON'T LOOK AT THEIR UNDERLYING FUNDAMENTALS, VERY STRONG AND CHEAP RELATIVE TO THEIR INDEX I THINK YOU MAKE MONEY WITH THIS OVER THE NEXT YEAR OR TWO. >> IN APRIL YOU LIKE MARVELL AND WE TALKED ABOUT IT AND IT IS STRUGGLING THAT LESS NICE EARNINGS REPORTED WHAT IS GOING ON AND WHY THIS REACTION. >> I THINK THAT IT IS MORE JUST MARKET CENTRIC REALLY THE ROSEN FUNDAMENTAL. YOU LOOK AT THE WHOLE SEMI CONDUCTOR TRADE, THIS BEEN UNDER A LOT OF PRESSURE SAYS ABOUT TWO MONTHS AGO. THEY WERE STILL WORKING THROUGH THAT AND RETAIL INVESTORS HAVE NOT COME BACK INTO THE MARKETS JUST YET WE DON'T SEE THAT CHASE BACK IN THE CONDUCTORS THERE STILL DIGESTING THAT REALLY BIG MOVE FROM EARLIER THIS YEAR IS ANYTHING THE COMPANY AND THIS IS AN OPPORTUNITY TO BUY WEAKNESS. >> AND SPEAKING OF WEAKNESS, MICRON THE LAST 24 HOURS HAVE BEEN X FACTOR. >> YES I THINK IT'S THE SAME THING YES AND MD MICRON, AND MARVELL AND ALL OF THE STOCKS IN THE SPACE, AND IN PARTICULAR WITHIN VIDEO AND I THINK THAT AG A BIG MOVE YET THAT WE HAVE PREVIOUSLY RETAIL INVESTORS ARE SENDING OUT NOW AND I THINK THAT WILL CHANGE BUT I THINK WE HAVE TO GET THROUGH THIS NEXT MONTH OR SO WE CONSIDER I THINK THIS GIVES AN OPPORTUNITY TO ADD INTO THE POSITIONS OR IF YOU DON'T HAVE ANY EXPOSURE RIGHT NOW. >> THIRTY SECONDS AGO BUT I NOW SOFTWARE FLIP THE SCRIPT AND SEMIS ROCKING THE EXPENSIVE SOFTWARE AND VICE A VERSA IS A WITH NAMES LIKE EUROPE. >> YES, I DO LIKE SERVICE NOW ALONG WITH CRM CHEAP RELEVANT TO THE FUNDAMENTALS AND WE START TO SEE EVERY VERSION BACK, TO FUNDAMENTALS IN THE FUTURE FEELINGS WE GET THROUGH THIS WHOLE CONCERN ABOUT AI DISPLACING EVERY SOFTWARE EVERYWHERE WHICH I DON'T THANK YOU SO THE CASE, AS AN OPPORTUNITY. >> GREAT S