Nearly everyone on Fin TV, when interviewed, seem to contend that they called the market right these days and every day. (They polish their image constantly (and cost free on Fin TV) in order to sell a service or gather assets). This charade has been perpetrated longer than the shows Les Miserables or The Fantastiks have been on the Broadway stage. If large cap tech drops violently (most have endorsed MAG7), they say the equal weighted S and P has held up well. Narratives change more swiftly than a shortstop batting .110. * No one ever takes ownership. ($RDDT, $BABA. $CAT, $TTAN, $SHAK, #UBER, $NFLX and the long list of other losers...well, the panelists suffer from amnesia). * No one is accountable. * Since no one time stamps, everyone obfuscates. * No one ever says I got it wrong with the possible exception of my honest friend @guyadami As my Grandma Koufax used to say, "Stock market opinions are like assholes - everyone has one." And moderators rarely pushback on their guests/panelists for fear they will lose their access to their pearls of wisdom. I call B.S. to disingenuous talking heads. As for me I am often wrong and always in doubt. @TheJudgeCNBC @squawkbox @cnbcfastmoney @cnbchalftime @carlquintanilla @saraeisen @andrewrsorkin @beckyquick @tomkeene @annmarie @business @KeithMcCullough @Hedgeye_HGRO @RPKInvestor @HedgeyeDJ @gnoble79 @Convertbond @whitneytilson
View original →
