Oh CNBC is so bad!!!

Quote from chaosclarity:

One day they have on a bunch of experts telling us there is going to be another recession then the next day they have on some more experts stating the S&P will go to 1500 this year.

CNBC is simply the worst for trading or investing...its not even good entertainment. Turn on one of the skinimax movies if you seek good entertainment.

You can't possibly expect a financial TV network or any other financial source (IBD, Wall Street Journal, Forbes or whatever) to be one sided and only have analysts that agree on "one direction only". :confused:

Financial networks that depend on ratings, advertisements and every thing else "must show diversity" in opinions of those they invite to be guest speakers. Heck, when was the last time you watch football on TV or any other sport event...they too have a diversity of opinions in which speakers contrast each other. They do this to appeal to ALL or as many different types of viewers as possible.

Here's my recommendation, if you're looking for a single view that only agrees with your thoughts...go read a blog of a particular one person that you agree with and then ignore all other blogs that have a different view of the markets. :D

By the way, CNBC still has the best documentaries of any financial networks I can think of...many of which you can't find copied and then stored on Youtube.

Last of all, Elitetrader.com does the exact same thing that CNBC does...allow diversity of trading/investing opinions to appeal to as many traders/investors as possible to attract viewership. I wouldn't be here if everybody had the exact same opinion about the markets just like I wouldn't watch CNBC if I saw the exact same opinions by all the guest speakers they had on the show.

Mark
 
Quote from jd7419:

The best is james altrucher predicting aapl 30,000 or something like that. He was basically saying that aapl would be bigger than brazil and a few other large countries.

thats not his hair, its his brain leaking
 
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