Ep 285 This Long-Term Bear Is Now Bullish

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 18 February 2015

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rich Suttmeier, former U.S. Treasury trader and stock analyst for more than 40-years, turns bullish on stocks in the short-term. Rich says momentum names like NetFlix and Amazon will continue heading higher. He profiles several other names that are huge buying opportunities - and highlights one sector investors should take profits in right now.

Transcript

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0:00.0	Wall Street Unplugged looks beyond the regular headlines heard on mainstream
0:06.1	financial media to bring you unscripted interviews and breaking commentary direct from Wall Street
0:11.8	right to you on Main Street.
0:14.0	How's it going out there?
0:18.0	It's Wednesday, February 18th.
0:20.0	And I'm Frank Curzier, hosted the Wall Street Unplugged Podcast, where I break down the headlines and...
0:25.0	Tell you what's really moving these markets.
0:31.0	Just want to start off with something pretty cool.
0:36.0	But you know, it's a forecast.
0:40.0	Oil prices, I'll go into 30 bucks.
0:42.0	I know. Oil prices, I'll go into 30 bucks.
0:44.8	I know for a fact.
0:46.0	I'm going to tell you why right now.
0:48.1	Last week, had a great interview.
0:49.6	My podcast hit number one on iTunes, not because of me, because of my guests who was
0:53.7	Cactus Schroeder. Feedback was excellent. Cactus has been drilling for all of more than 40 years
0:59.8	in Texas. Talked about everything last week, how vertical drilling is back.
1:05.0	It's so much cheaper than horizontal drilling, which includes fracking.
1:08.0	Not so many people talking about that.
1:10.0	Cactus talked about past bus in the oil market in 1980s and 2008 crisis, how they compare it to today.
1:18.0	We also brought up some really great points.
1:21.0	How oil companies are cutting CAPEX, they're cutting production. really great
	...

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