Best of the Week
Most Popular
1. Crude Oil Price Trend Forecast - Saudi's Want $100 for ARAMCO Stock IPO - Nadeem_Walayat
2.Gold Price Focusing on May Cycle Bottom - Jim_Curry
3.Silver, silver, and silver! There’s More Than Silver, People! - P_Radomski_CFA
4.Is the Malaysian Economy a Potemkin Village - Sam_Chee_Kong
5.Stock Market Study Shows Why You Shouldn’t “Sell in May and Go Away” - Troy_Bombardia
6.A Big Stock Market Shock is About to Start - Martin C
7.A Long Term Gold Very Unpopular View - Rambus_Chartology
8.Stock Market “Sell in May and go away” Study When Stocks Are Down YTD - Troy_Bombardia
9.Global Currency RESET Challenge: Ultimate Twist - Jim_Willie_CB
10.The Coming Silver Supply Crunch Is Worse Than You Know - Jeff Clark
Last 7 days
The Corruption of Capitalism - 17th Jun 18
North Korea, Trade Wars, Precious Metals and Bitcoin - 17th Jun 18
Climate Change and Fish Stocks – Burning Oxygen! - 17th Jun 18
A $1,180 Ticket to NEW Trading Opportunities, FREE! - 16th Jun 18
Gold Bullish on Fed Interest Rate Hike - 16th Jun 18
Respite for Bitcoin Traders Might Be Deceptive - 16th Jun 18
The Euro Crashed Yesterday. Bearish for Euro and Bullish for USD - 15th Jun 18
Inflation Trade, in Progress Since Gold Kicked it Off - 15th Jun 18
Can Saudi Arabia Prevent The Next Oil Shock? - 15th Jun 18
The Biggest Online Gambling Companies - 15th Jun 18
Powell's Excess Reserve Change and Gold - 15th Jun 18
Is This a Big Sign of a Big Stock Market Turn? - 15th Jun 18
Will Italy Sink the EU and Boost Gold? - 15th Jun 18
Bumper Crash! Land Rover Discovery Sport vs Audi - 15th Jun 18
Stock Market Topping Pattern or Just Pause Before Going Higher? - 14th Jun 18
Is the ECB Ending QE a Good Thing? Markets Think So - 14th Jun 18
Yield Curve Continues to Flatten. A Bullish Sign for the Stock Market - 14th Jun 18
How Online Gambling has Impacted the Economy - 14th Jun 18
Crude Oil Price Targeting $58 ppb Before Finding Support - 14th Jun 18
Stock Market Near Another Top? - 14th Jun 18
Thorpe Park REAL Walking Dead Living Nightmare Zombie Car Park Ride Experience! - 14th Jun 18
More on that Gold and Silver Ratio 'Deviant Conundrum' - 13th Jun 18
Silver Shares? Nobody Cares - 13th Jun 18
What Happens to Stocks, Forex, Commodities, and Bonds When the Fed Hikes Rates - 13th Jun 18
Gold and Silver Price Setting Up for A Sleeper Breakout - 13th Jun 18
Tesla Stock Analysis - 12th Jun 18
What Happens Next to Stocks when Russell Goes up 6 Weeks in a Row - 12th Jun 18
Gold vs. Stocks: Ratios Do Not Imply Correlation - 12th Jun 18
Silver’s Not-so-subtle Outperformance - 12th Jun 18
Why You Should Brace Yourself for Big Financial Changes - 11th Jun 18
Inflation to Skyrocket When Fed Reverts to New QE & Interest Rate Cuts - 11th Jun 18
Stock Market Topping Pattern or Just Consolidation? - 11th Jun 18
Study: What Happens Next to Stocks When the Put/Call Ratio is Very Low - 11th Jun 18
G7 Chaos, Central Banks and US Fed Will Drive Stock Prices This Week - 11th Jun 18
SPX Unshackled - 11th Jun 18
When Trump Met Fibonacci And Won - 11th Jun 18
FREE Theme Park Entry with Cadbury's Choc's! Legoland, Alton Towers, Chessington.... - 11th Jun 18
Stock Market Could Pullback for 1-2 weeks, But Medium Term Bullish - 10th Jun 18
End of the World Stock Market Chart! - 10th Jun 18
All US Homes Are Overvalued - 10th Jun 18
Thorpe Theme Park London Car Park Exit Nightmare - Drivers Beware! - 10th Jun 18
Gold Price Summer Doldrums - 9th Jun 18
How to Prepare for Economic Uncertainty with Gold and Silver - 9th Jun 18
5 "Tells" that the Stock Markets Are About to Reverse - 9th Jun 18
Billionaire Schools Teacher in NAFTA Trade Talks - 9th Jun 18
Land Rover Discovery Sport ECO Mode Real World Driving MPG Fuel Economy - 9th Jun 18
Crude Oil Bullish Weekly Reversal vs. Bearish Monthly Reversal - 8th Jun 18
Fed’s Interest Rate Hike is Short term Bearish for Stocks - 8th Jun 18
The Deviant Conundrum Called Silver - 8th Jun 18
Pleasure Island Theme Park Cleethorpes, Last Day Trip Before it Closed Down - 8th Jun 18
America’s One-sided Domestic Financial War - 8th Jun 18
Debt Consolidation Advice: When and Why to Consolidate - 8th Jun 18
Get Out Of Crypto Cannabis Bubble Before It Pops and Move Into Bargain Basement Miners - 8th Jun 18

Market Oracle FREE Newsletter

5 "Tells" that the Stock Markets Are About to Reverse

Why Watching CNBC Could Destroy Your Portfolio

InvestorEducation / Learning to Invest Mar 02, 2009 - 12:41 AM GMT

By: Nadeem_Walayat

InvestorEducation

Best Financial Markets Analysis ArticleAugust 2007 - Dow Jones 13,000 - What did the CNBC Talking Heads Recommend Investors Should do ?


Ned Riley - Himself 75% Invested in Stocks, recommends investing into the Big Banks and a viewer nearing retirement should go to 90% invested in stocks. Believes US stocks will rise by 9 to 11% per annum for next 10 years. If you followed Ned's advice your portfolio has now been wiped out!

Vern Haden - Waffles on without saying anything other than investors should remain allocated as is.

Peter Schiff - Poor Peter, right on the economy and financial stocks but wrong on many of his other investments - Says the Dollar will collapse, interest rates will go sky high, and invest in foreign stock markets and commodities, as of writing only gold has shined from Peters picks.

Lessons

1. If you watch CNBC, then TURN OFF THE VOLUME. That single act will improve the chances of your portfolio surviving more than anything else.

2. EDUCATE YOURSELF - Investment managers skim a % off your funds invested with them, usually regardless of performance. Investors need to take responsibility for their investments, if they cannot then leave them in cash deposits.

By Nadeem Walayat
http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 250 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Attention Editors and Publishers! - You have permission to republish THIS article. Republished articles must include attribution to the author and links back to the http://www.marketoracle.co.uk . Please send an email to republish@marketoracle.co.uk, to include a link to the published article.

Nadeem Walayat Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

TraderJoe
02 Mar 09, 16:58
Ned Riley Wrong As Usual

Back on September 23rd 2008 he was at it again. He is clearly a perma bull who does not have a cliue what he is talking about.

http://in.truveo.com/Market-analysis-with-Ned-Riley/id/288230388004924459

After the volatility of 2008 he is recommending investors stay invested for the long-run, long-term opportunities.

Its a wonder that he has any clients left.


D.morneyfat
05 Mar 09, 09:01
CNBC broker comment

How do these PHuckas get away with it.I've had literally hundreds of broker firms cold calling me.I've learned to use the "f" word.


thowze
05 Mar 09, 18:38
Sage Piece of Advice

These talking bobbleheads only do what their corporate sponsors tell them to do, which 99.99% of the time is not in the best interest of the investing public. For anyone learning to invest, this article is good advice!


GolfGuy69
06 Mar 09, 05:47
How To Make Money

Whatever these CNBC Bozo's tell you do the opposite, your portfolio will be fine.

They tell you to buy a particular stock - SELL It Short

They tell you to sell a particular stock - BUY

This investment stuff is easy!


Mike S
08 Mar 09, 10:16
CNBC

You were entirely too kind to CNBC, given how horrendous that shill network is. If you watch You Will lose money. You were especially too kind to Cramer. I'm sure you recall Cramer told people to stay in BSC and LEH just a few days before they went belly up. BTW, I don't watch CNBC. I only know from researching archives for a book that will blast the media.

http://www.youtube.com/watch?v=gUkbdjetlY8

http://www.youtube.com/watch?v=bc8u8tX2jzI&feature=related

Or how about Kudlow and his idiots??


delatex
08 Mar 09, 22:55
CNBC's biggest JOKER.
I think you missed the biggest joker of them all, Mr. Larry (never gets it right) Kudlow.
A year ago, when the economy and market were clearly in trouble, he was singing his Goldilocks song, with the Goldilocks figure dancing across the bottom of the screen. Six months ago when the economy and market were crashing, he was stating that "they gave a recession and no one came". Now, when a number less negative than a so called expert guessed, he jumps up and down shouting, "MUSTARD SEED". Yes, he knows the lingo and he has memorized some economic equations and relationships, but he just doesn't know how to interpret the data, and of course, everything he says is biased by his overwhelming republicanism.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules