Hey, I'm Kramer.

Welcome to Matt. Hey, I'm Kramer.

Welcome to Matt Money.

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Why does Wall Street have to make things so darn hard?

Right now, with the entire market turning against the once-beloved software companies and the old Magnificent 7,

we got this new silly term to express what investors have allegedly fallen in love with. It's called Halo, which

means heavy assets, low obsolescence. Today, the market looked for Halo wherever could find it,

and the hunt produced solid results with the Dow gaining 370 points as to be jumping 0.70 percent, and NASDAQ advancing 1.04%.

Now, today was a recovery where we sold buyers for everything. Why? Because we're getting

oversold, too much buying pressure on Halo, too much selling pressure on the new despise software

companies. What's really going on here?

Are we honestly looking for companies with low obsolescence? No. Do we really care about heavy assets?

Hey, if that were true, how do you explain the strength of the consumer package goods stocks like PepsiCo, P&G, J&J, and Colgate?

They're the hotties. I think the halo acronym misses the point entirely.

What do we really want? Well, we want companies that make things and do stuff that we can

understand. We want to avoid stuff we can't or don't comprehend because you can't get your

head around it that is probably the kind of stock that Anthropic can knock off, can

...