vimarsana.com

Latest Breaking News On - Nelson jim chanos - Page 1 : vimarsana.com

Transcripts For KPNX Mad Money 20161014

Sometimes the stock market revaluates the entire basis of companies. We follow because of one metric, the metric of oil. You know, i have said to you over and over again we should never underestimate the power of the market to do stupid things, and the most stupid is a rally based on the price of oil, which is exactly what we got when the averages uturn pretty much in sync with a uturn it crude. No matter that the leaders of todays market were largely the companies that would be better off if oil fell. But thats not the nuttiest part of the stock market right now. I think its the kind of weird backandforth, intraday revaluation were getting of some of us Largest Enterprises thats really driving us crazy. Theres no better example of a revaluation and then frankly a rerevaluation than that of the stock of wells fargo after last nights resignation of ceo john stumpf because of whats now widely regarded as a massive multimilliondollar now, at first in after hours, the market cheered the el

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.