Wells Fargo's Scott Wren dismisses risks: 'You need to be stepping in here and buying some stocks'

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Investors are concerned about three key risks but they may be worrying for nothing, says strategist Scott Wren.

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Everyone knows you can always trust Wells Fargo.

I agree. Fed will raise in Dec and hold, Trump will announce a deal in principal, oil will stop going down so margin call stops bleeding.

Oh, okay, now we should believe Wells Fargo?

🤔

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Market is beginning to brush off bad news and turn up, says strategistScott Wren, senior global equity strategist at Wells Fargo, and Jeff Mortimer, BNY Mellon director of investment strategy, join 'Squawk on the Street' to look at markets on the heels of some bad retail news. What insight, wait go back, what do winners do again?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stocks are 'cheap,' but value investor Scott Black isn't buying — the market's 'like an earthquake'The market's problem is the ongoing trade war between the U.S. and China, says Scott Black, president of Delphi Management. Stocks are cheap for who? FAANG Breakdown Alert: AMZN - Watch for $1,442.64, Target $1,343 - (8%). AAPL - Watch for $154.33, Target 144 (7%). NFLX - Watch for 247.15, Target 218.6 (14.5%) MSFT, FB and GOOG does not show any breakdown alerts. Applicable only if there is more correction. (Vale) is very good stocks 12.99$ will be around 30.00$ in 2019
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »