if this thing shuts down, scott shellady, does that hurt the market? >> the u.s.overnment shut down for a few days. >> i agree. it doesn't hurt. talked about so many times a day does shut down it will be fit in a few days. stuart: looking at the technology stocks on the screen right now. amazon, up $21 per share. amazon is down at 1330. $1327 a share. $90.37 a share. facebook at 181. 1142. apple 177. how about that. across the board. oppenheimer has raised its price to $1450 per share. >> i think it's great and a lot of analysts trying to play catchup. big tech is where you see the growth. they have reinvented it sells nec real growth there. investors looking for growth and not the place you can get it. stuart: microsoft $15 per share. march 2009. nine years later it's -- ashley: no wonder you smile. stuart: let's move on. on the screen right now the big tech stocks. i want to see all of your viewers want to know where their stocks are. we are going to tell you. that's a promise. but also i have coming up. the dow up 220 points right now. 26,023. give me stocks. j

stuart: scott shellady, coming, please. what do you say?s are doing around the world, and there's more cash now because of the corporate income tax cut from 45-21. more cash on because the new things the president has done to create investor sentiment off the charts. those types of things, that is why you have a market to set a record every time it goes higher. the stock market is kind of like every pickup is a record. train to what is with the glasses? >> i used out with her glasses like this. a lot of folks like them and i brought them back out of retirement. train to you look like a movie star. you really do. blowout numbers from netflix. telling you about this earlier. the stock is gone straight up. twenty-six dollars higher. added eight points 3 million streaming users, the most it's ever gained in a single quarter brought its total paid subscriber count to over 110 million subscribers. huge number. the stocks in record territory, but i'm going to bet that you think it's too expensive to buy it to 53. >> not that it's too expensive. i

i want to bring in scott shellady, tjm investments senior vice president. we're down 240 points at this moment. we were down more than 300 just a few minutes ago. is this the pullback that is long been predicted? is this it? >> well, 1% really isn't a pullback. i have a secret for you, investors need to know this, every now and again stocks can go down. i think what happened to the retail sector, when they were ama-zapped. i think the health care sector was ama-zapped today. insurers down two or 5%. pharmacies down 5% across the board, that will affect the market. folks might get nervous taking stuff off the table. the largest two-day drop since "brexit." it will rile some folks new to the game. after to years, i can tell you -- 30 years, 1% is nothing compared to where it has been from the night of the election to today. stuart: i want to ask you about the big technology companies which report their earnings wednesday night and thursday night. if they don't produce absolutely stellar results, it will be considered a disappointment. >> yeah. stuart: i mean,

my my favourite trader, scott shellady from tjm brokerage is back with us.or the trump administration. we've been through it, tax reform, corporate rates slashed, cutting red tape. is there a direct correlation between what he's doing and what the economy's doing. first, we always like to co—flight a high stock market with a great economy. that doesn't always equal. he's not the only one who will say that. a lot of governments around the world will try to make those two equal. they're not the same. they're two different time frames. number two, not the same. they're two different time frames. numbertwo, he's replaced sentiment. that's the ha rd est replaced sentiment. that's the hardest thing to do. that's a psychological thing. when you have psychology on your side, raerning than economic indicators, because some of them still haven't picked up since 0bama left office. psychology, arguably, david and goliath moment. you can do things that you normally couldn't. so it gathers a pace? that's why we've seen a lot of these gains, even though you might not have

come on in, please, scott shellady, tjm investments. all right. what's the big driver here?propelled this market all the way up? >> 100%. nobody ever really talks about it, stuart, except for you. i was applauding your monologue you just had. donald trump has done something that nobody's been able to do, he's been able to turn around sentiment. you can play with public policy and move into trades here and there and maybe get some economic indicators going your way, but he's got into the minds of the people. that's the hardest thing to do. that's why everybody's afraid of deflation, because people -- for no reason -- maybe stop spending, and it slows down your economy. it's a psychological issue. donald trump has been able to raise the psyche and get the sentiment in this country going in the right direction k and that's a very difficult thing to do, and that is why we're at where we are at right now. there have been some policy changes that have helped, but it's mainly down to sentiment with me. stuart: do you think we go up from here? is there another second leg still to co

i'm going to ask scott shellady why on earth do wear sunglasses in london where the sun don't shine.umber two, what comes first? 27,000 are told that? >> my heart tells me we have a pullback at some point in time. my hand also tells me there's so much cash out their after this tax covered the good news the president been able to get sentiment turnaround. if we have some sort of event we have is dsl off because there's capital to want to stop that and get in on something they've missed out on. nothing goes straight out. that's the problem. i've written a couple pieces to say the higher rico the more defensive you have to be. again, you're going to feel next year if you're all stuck in cash. that is the conundrum. we slowly trudge higher. stuart: clean cut. we understand that. big tech report their profits this week. wednesday facebook and microsoft. there is to apple and google. i want to know what the companies are going to do any extra money from the tax cuts. stock buybacks and dividends. what about you? >> special dividends and capital expenditures, don't forget a lot of mergers a