Do You Really Trust Cnbc?

E

eagle488

How many times have you heard guys on CNBC make calls on what they think the market is doing and then they end up dead wrong?
 
Quote from ByLoSellHi:

CNBC is a hack of a cheerleader for the brokerage houses.

Buy more stock!
More...

Ditto! That network has nothing but street hustlers / empty suits trying to make a name for themselves or paper trading journalists playing "analysts". You don't need that nonsense for your trading.

BTW, I bet they'll put their party hats on when DJIA approaches all-time high.
 
Guys,

They are reporters!

Ever notice how the WSJ always has a 'reason' why the markets move, which they post after the fact? Their job is to find a credible answer to movement each day. These guys don't know shit.

Just once, I'd love to see the WSJ or CNBC say:

"Equity markets were up strongly today due to an oversold situation. and VERY motivated buyers. Yes, there was a slew of reports out today, but the real reason..."
 
I only watch it for the pretty girls. It IS entertainment after all.
There is a bit of comedy whenever some moron gets on and says Gold will hit US$5,000
Just enjoy it
 
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