What CNBC says about the market right now

[StageLeft]

cnbc.jpg

I thought this was funny. Two completely conflicting stances. If you picked the right articles on CNBC you'd be a millionaire in no time but if you randomly picked articles and took direction from them you'd, well who knows, but I don't think you'd be a millionaire!

I do enjoy how technical indicators can in the hands of one person indicate a bull and in another a bear. What a load of dung on both sides!

 

[brxndxn]

A lot of what CNBC has to say is superficial filler with blatant disregard for anything factual. However, that is a lot of what our media has to say. They systematically make up bullshit that will satisfy the idiots. Smart people see right through it and follow the authors that actually report the news.

For example.. CNBC will have headlines like.. "Markets upbeat with rise in oil prices" and then "Market falls due to energy price increases".. Neither one could be correct because they're both ignoring much greater influences on the market. But, it caught your eye, right?

 

[KB]

Its like horoscopes. If you say a whole bunch of generic crap that can be interpreted in many ways you can't be wrong. In CNBCs case: say stocks will rise in one place and say they will fall right next to it and you are always right.

 

[GroundedSailor]

Originally posted by: Skoorb
cnbc.jpg

I thought this was funny. Two completely conflicting stances. If you picked the right articles on CNBC you'd be a millionaire in no time but if you randomly picked articles and took direction from them you'd, well who knows, but I don't think you'd be a millionaire!

I do enjoy how technical indicators can in the hands of one person indicate a bull and in another a bear. What a load of dung on both sides!

CNBC is crap. They cater to a narrow audience and tells them what they want to hear. I have no faith in the so called experts of CNBC and have stopped watching that channel.

 

[soccerballtux]

Originally posted by: GroundedSailor

Originally posted by: Skoorb
cnbc.jpg

I thought this was funny. Two completely conflicting stances. If you picked the right articles on CNBC you'd be a millionaire in no time but if you randomly picked articles and took direction from them you'd, well who knows, but I don't think you'd be a millionaire!

I do enjoy how technical indicators can in the hands of one person indicate a bull and in another a bear. What a load of dung on both sides!

CNBC is crap. They cater to a narrow audience and tells them what they want to hear. I have no faith in the so called experts of CNBC and have stopped watching that channel.

They successfully predicted the bounce at ~6500.

 

[techs]

Their is something FDR said, I can't find it, but it was something like "if I only had an economist with one hand"

 

[CPA]

CNBC is like an expanded editorial page. They have different people (both externally and internally) that come on and give their opinions - many time differing. Steve Liesman and Rick Santelli never agree on anything. So what? What's the big deal?

 

[techs]

Originally posted by: CPA
CNBC is like an expanded editorial page. They have different people (both externally and internally) that come on and give their opinions - many time differing. Steve Liesman and Rick Santelli never agree on anything. So what? What's the big deal?

Yeah, I guess people who don't like differing opinions should turn to a news network that gives only one side of the story.
One comes to mind....

 

[Special K]

There's no shortage of market predictions coming from everywhere. Given that none of them are ever consistently right, I'll just keep indexing all my investments until a consistently correct source comes along. Honestly though, if you could correctly call every major market move, would you really want to share that information with others?