Use this rally to bet AGAINST the market

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

🗓️ 18 October 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Markets are in rally mode, having risen a few percentage points in just days. But before you get too bullish, listen to what’s behind it… On today’s show, I share why the strong start to earnings season is misleading... why the market isn’t as cheap as it looks… and why next year’s earnings estimates need to come way down. My bearish thesis hasn't changed—and this mini rally gives us the perfect opportunity to bet against the market. Last week, I hosted an emergency briefing to share an amazing strategy for multiplying your money as stocks fall. In this episode What’s really behind this rally [0:30] Earnings aren’t as good as they look [8:35] Why stocks can’t keep rising [19:20] The current market P/E is misleading [22:55] How to make a fortune once stocks start crashing again [34:30] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines,
0:05.0	heard on mainstream financial media
0:07.0	to bring you unscripted interviews and breaking commentary
0:10.0	direct from Wall Street, right to you on Main Street.
0:16.0	It's going out there in September 18th.
0:19.0	Okay, there's just a Wall Street Unplug,
0:21.0	so we're back to the headlines and...
0:25.0	Tell you what's really moving with these markets.
0:30.0	Wow, what a rally.
0:33.0	Markets of about 6% in a few days.
0:37.0	As earnings, at least early stage,
0:39.0	are coming ahead of estimates, especially for banks.
0:41.0	Thanks, so pretty much it was the first to report.
0:44.0	Well, COE used to be that.
0:46.0	There's just so many stocks, but mostly banks that report first.
0:49.0	So you got about 30, 40% of ESP 500 reporting so far.
0:53.0	Or actually just 30 or 40 companies
0:55.0	is very early in the season.
0:56.0	So you have a lot more companies that report especially.
1:00.0	Later this week, into next week, the next two weeks,
1:02.0	we're going to have real glimpse at earnings.
1:05.0	The dollar is falling.
	...

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