One caller during Thursday night's ' Lightning Round' on Mad Money asked about Square, Inc. (SQ) : "They lost a very good CFO, and even though it's a good company, it has not traded well since she left," noted Jim Cramer.
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Nearly 500 stocks hit new 12-month highs as earnings reports keep flooding in.
There's nothing in the price action to indicate that a change in market character is developing.
Many of the smaller stocks I favor have not reported earnings yet and I'm cutting them back.
The market hates lucky traders. Following your instincts is so you can sleep at night.