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$1trillion dollar market caps seem a bit pricey
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Jeffrey Gundlach says stocks still haven’t hit a ‘panic low’Our call of the day comes from none other than Jeffrey Gundlach who says he has yet to see a ‘panic low’ for stocks, but don’t think that is a uniform view. I've become a 'Minute Trader'. I've totally given up on long term investing and am treating the Stock Market like a video game.
Source: MarketWatch - 🏆 3. / 97 Read more »
Jim Chanos says there's something wrong with the stock market when rates this low cause panicProminent short seller Jim Chanos is troubled by the fragility of the stock market, saying recent equity sell-offs in response to modest increases in borrowing costs isn't a healthy sign. Was hoping $CAT put him out of business. jennablan I wonder if the volatility surrounding the rate hikes have to do with the exploding national debt. I've had this theory for about a month now. jennablan What the hell else would a short-seller say?
Source: CNBC - 🏆 12. / 72 Read more »
Wall St. sinks; Gundlach says U.S. stock are in bear marketWall Street slid 1 percent on Monday, weighed down by retailers and health stock...
Source: Reuters - 🏆 2. / 97 Read more »