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CNBC today

Posted: Tue Apr 07, 2020 9:39 pm
by stl07
So I had CNBC turned on in the living room while I was eating lunch and there was a guy saying the market has already hit the bottom and is going up and now is the best time to buy and stocks should return to normal by June. Anyways, I turned the TV on later today and interestingly enough, it said in large headline MARKET PLUNGES FROM EARLIER TODAY.

Lol

Re: CNBC today

Posted: Tue Apr 07, 2020 9:58 pm
by Newark727
I always assumed that CNBC was staffed entirely by coked-up Wolf of Wall Street rejects who spend the entirety of their off-air time on the phone with lawyers trying to get rid of insider trading allegations.

Re: CNBC today

Posted: Sun Apr 12, 2020 6:43 pm
by trpmb6
I get fairly frustrated when they bring a short seller on and the guy touts a stock that may be struggling but otherwise has good financials. Then as he talks about shorting it the stock tanks. No doubt he profits.

The same could be said for those who come on and talk specifics of stocks they are long in and touting their analysis of said company boosting its value. They profit too.

Re: CNBC today

Posted: Sun Apr 12, 2020 10:53 pm
by PPVRA
I like CNBC but the shows about picking stocks are just crap. As for people trying to time the market, everybody tries, few get it right. Doesn't reflect on CNBC it's just the nature of trying to time the market.

Re: CNBC today

Posted: Sun Apr 12, 2020 11:09 pm
by GalaxyFlyer
Yes, timing the market is a sure way to poverty. You might note it isn’t Buffet’s style.

Re: CNBC today

Posted: Mon Apr 13, 2020 1:00 pm
by einsteinboricua
I used to watch CNBC for the tickers and for when big news broke out (GDP readings, unemployment rate, and jobless claims). Couldn't care less about the commentary.

Re: CNBC today

Posted: Mon Apr 13, 2020 1:09 pm
by andrej
I find CNBC good for their morning (Asia, Europe, US) shows. Their lunch time and afternoon shows are not worth it. Too many pundits, and day traders.

Re: CNBC today

Posted: Mon Apr 13, 2020 1:22 pm
by GDB
Newark727 wrote:
I always assumed that CNBC was staffed entirely by coked-up Wolf of Wall Street rejects who spend the entirety of their off-air time on the phone with lawyers trying to get rid of insider trading allegations.


Beat me too it! I was going say 'Crackheads with money'.
But that's about elements of the financial industry (purveyors of major slumps and recessions), rather than any one channel.

Re: CNBC today

Posted: Mon Apr 13, 2020 5:49 pm
by winginit
stl07 wrote:
So I had CNBC turned on in the living room while I was eating lunch and there was a guy saying the market has already hit the bottom and is going up and now is the best time to buy and stocks should return to normal by June. Anyways, I turned the TV on later today and interestingly enough, it said in large headline MARKET PLUNGES FROM EARLIER TODAY.

Lol


Their objective is not to inform, but to keep your eyeballs on the screen for as long as possible. Remember that.

Re: CNBC today

Posted: Mon Apr 13, 2020 8:35 pm
by NWAESC
I used to watch “Fast Money” because I thought the panelists were fun/entertaining. Then one day one of them gushed about Carl Icahn, and that was enough for me.

Re: CNBC today

Posted: Thu Apr 16, 2020 3:49 pm
by stratosphere
NWAESC wrote:
I used to watch “Fast Money” because I thought the panelists were fun/entertaining. Then one day one of them gushed about Carl Icahn, and that was enough for me.


Exactly Icahn what an S bag ... Almost as bad as Lorenzo