Ep. 63 - Time To Sell Momentum Stocks

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

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

4.6 • 1.1K Ratings

🗓️ 26 January 2011

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jeff Clark, editor of S&A's Short Report options service, tells us why the sell-off in momentum names could lead to a short-term correction. Keith Fitzgerald, chief investment strategist for Money Map Press, talks about the enormous growth opportunities that still exist in China.

Transcript

Click on a timestamp to play from that location

0:00.0	S&A Investor Radio looks beyond the regular headlines heard on mainstream financial media
0:08.8	to bring you unscripted interviews and breaking commentary direct from Wall Street.
0:13.2	Right to you on Main Street.
0:16.4	How's it going out there?
0:18.4	It's January 26.
0:19.4	I'm Frank Curzio, host of the SNA Investor Podcast where I break down the headlines and tell you
0:24.3	What's really moving these markets? Can't believe January's almost over already
0:29.4	It's like we just celebrated New Year's but thus far far, for stocks, been a pretty good month,
0:34.2	been a pretty good two months actually.
0:35.7	We saw seven straight weeks of gains before last week,
0:38.5	small decline.
0:39.4	We see a little bit decline this week.
0:41.2	Nothing major though. Earnings coming out better than expected for the most part. I think I read on
0:46.4	CNBC that about not about but they had the number of 71% who reported thus far have beat estimates.
0:52.1	Doesn't necessarily mean the stock goes up because have beat estimates. Doesn't necessarily mean the stock goes up
0:53.8	because they beat estimates, because some of those stocks are up
0:56.8	15, 20 percent ahead of the quarter.
0:58.9	They'll report strong earnings,
1:00.1	and then they'll sell off a little bit.
1:01.3	That's really been the story thus far in earning season.
1:04.0	I'd be buying stocks like Halliburton, San Brigitte, Google on weakness. I thought those quotas were fantastic.
1:10.9	Apple was great as well, but there isn't a person on a planet who didn't think they would be very, very strong.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Frank Curzio, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Frank Curzio and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.