They are the enemy.

[quote=imabroker]Has anyone ever seen or heard stats on the number of hits that CNBC.com gets on up vs. down days?   I can’t be the only one that’s noticed that even on up days they lead with a negative headline?  It’s as if they are doing their best to create down days to drive hits. 

[quote=imabroker]Has anyone ever seen or heard stats on the number of hits that CNBC.com gets on up vs. down days?   I can’t be the only one that’s noticed that even on up days they lead with a negative headline?  It’s as if they are doing their best to create down days to drive hits. 

Negative news sells. They put a negative spin on positive news. That’s their job. Our job is to make sure our clients know the difference between them doing their job and the truth.

What gets me the most is that we own our recommendations for life, yet that boob Kramer has an atrocious track record and can’t be held for ANY of his calls.

CNBC is financial pornography.

I think they are very smart, talented and hard-working, check out their profiles: http://www.cnbc.com/id/19350718/

I consider them eminent distributors of business news. There are plenty of guests who share their opinions and outlooks. In the end, its up to you to interpret and make your own judgement.

[quote=skeedaddy2] I think they are very smart, talented and hard-working, check out their profiles: http://www.cnbc.com/id/19350718/I consider them eminent distributors of business news. There are plenty of guests who share their opinions and outlooks. In the end, its up to you to interpret and make your own judgement.

[/quote]



I’m guessing that’s why your name on this forum is from Kramers show. Just do yourself a favor and don’t use a sound board when you start cold calling.

Haven’t cold called in a long time, but thanks for the chuckle. 

Don’t you remember what journalism majors were like? As I remember they made PE majors seem like intellectuals.

“I’m gonna get the papers get the papers”

So which dude on CNBC is he?

Years ago when the do-it-yourself industry was just gathering steam Money Magazine became a powerful anti- broker tool of that industry. Then someone did a little digging and found out that less than 30% of Money Magazines’s editorial staff had ever made an investment beyond their 401k contribution. They also found that the pro no load fund content in the rag had been bought and paid for through advertising which was something like 80% no load funds. Othe revelations were that the term “no-load” wasn’t an investment term. It was a marketing term bought and paid for by The Van Guard Group. I’d say they got their moneis worth considering they probably paid the Madison Ave firm that came up with term very little. Lastly, at the time, Money magazine’s commodites editor sole qualification for the job of advising readers on commodities investing was a stint as the celebrity gossip editor at People Magazine. One of the funniest aspects of this was that this “Money Magazine uncovered” expose appeared in none other than Playboy magazine. Too funny! One of the few articles i read.

Did you read Maria Bartiromo’s bio? Might as well be Joe the Plumber.

I watch CNBC because of Erin Burnett, Trish Regan, Rebecca Jarvis, and Becky Quick. They are all hot, and make watching the markets entertaining. I liked when for awhile they were all carrying around cups of Starbucks Coffee.