It looks like there is a new change at CNBC starting with Jim Cramer's lecture on going all in on small cap tech last night. Now they have money managers on stating that small cap is the way to go right now...
This is a new pattern here for them. Last week they were pounding the desks on large cap value, now its small cap growth. They just did a half hour segment on small cap growth and they had on a few money managers talking about different funds.
i thought it was large caps just 2 minutes ago, now its small caps. Hmmmm, bunch of pathetic fools. and why is this market trying to turn positive....I see no reason for an up day today.
CNBC just tried to pump Dow saying results were quite good and it's not understandable why Dow is red
I really feel sorry for anyone idiotic enough to listen to even 3% of what the talking heads on CNBC say. It's like leading sheep to slaughter.
The only time I watch CNBC is ahead of FOMC events. Other than that, why bother? What they cover is 100% useless for traders of any kind. Spend the same time watching charts... everything needed to know for success is in there :>)
NASDAQ ALMOST POSITIVE!!! This is too confusing to watch. Guy on cnbc last night on kudlow said he was cash and looking to go short right before the elections....think he knows something we dont....