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Steve Eisman of “The Big Short” fame believes the recent tech-led market pullback is driven by emotions instead of a fundamental deterioration.
“Rotations are always violent. They always catch everybody unawares. And it’s not a fundamental correction. It’s like a psychological rotation,” Eisman said on CNBC’s “Fast Money.”
The senior portfolio manager at Neuberger Berman said there hasn’t been anything alarming about the economy overal...
“Rotations are always violent. They always catch everybody unawares. And it’s not a fundamental correction. It’s like a psychological rotation,” Eisman said on CNBC’s “Fast Money.”
The senior portfolio manager at Neuberger Berman said there hasn’t been anything alarming about the economy overal...
From YouTube
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$Dell Technologies(DELL.US$ : ”[buy, buy, buy!] You want to buy it.”
$Five Below(FIVE.US$ : “I am very mystified by Five Below, I don’t know what happened there. I know there were many operational problems — CEO leaves, they don’t really explain what’s going on...Until they get their act together, I have nothing good to say about them.”
$Toyota Motor(7203.JP$ $Toyota Motor(TM.US$ : “I don’t really want to auto stocks right here...They’ve just become way too ...
$Five Below(FIVE.US$ : “I am very mystified by Five Below, I don’t know what happened there. I know there were many operational problems — CEO leaves, they don’t really explain what’s going on...Until they get their act together, I have nothing good to say about them.”
$Toyota Motor(7203.JP$ $Toyota Motor(TM.US$ : “I don’t really want to auto stocks right here...They’ve just become way too ...
From YouTube
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From YouTube
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Jim Cramer reviewed Wednesday’s tech sell-off, highlighting investor disappointment with Alphabet and Tesla earnings. $S&P 500 Index(.SPX.US$ and $Nasdaq Composite Index(.IXIC.US$ had their worst days since 2022, dropping 2.31% and 3.64% respectively. $Alphabet-A(GOOGL.US$ fell over 5%, while $Tesla(TSLA.US$ plummeted more than 12%.
Cramer noted Wall Street's shift from mega caps to small caps, believing mega-cap stocks reached unsustainable le...
Cramer noted Wall Street's shift from mega caps to small caps, believing mega-cap stocks reached unsustainable le...
From YouTube
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Barclays warned that Tesla's profitability pressures might lead investors to focus back on fundamentals, projecting an additional 8% decline in Tesla's stock over the next year.
$Tesla(TSLA.US$
$Tesla(TSLA.US$
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$Adeia(ADEA.US$ : “I would actually put Trade, TTD, which was down very badly today off of Alphabet, and I think that’s the one you want to buy.”
$Hecla Mining(HL.US$ : “I’ve always been a believer in the gold stocks. It’s not always worked out, but right now it is. Yours is good....I prefer actually a mutual fund.”
$Jumia Technologies(JMIA.US$ : “It’s not making a lot of money.”
$Broadcom(AVGO.US$ : “I like Broadcom...I think it’s ...
$Hecla Mining(HL.US$ : “I’ve always been a believer in the gold stocks. It’s not always worked out, but right now it is. Yours is good....I prefer actually a mutual fund.”
$Jumia Technologies(JMIA.US$ : “It’s not making a lot of money.”
$Broadcom(AVGO.US$ : “I like Broadcom...I think it’s ...
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