Might be time to sell: Guggenheim's CIO Minerd

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.


Connect with CNBC News Online

#CNBC
#CNBCTV

[sruler]

Generally I’ve found Scott to be a great signal to do the opposite

[braven]

"Things couldn't be better." But then he goes on to say how awful things are with the Delta variant and lockdowns are inevitable.

[TheTayuLin]

Minerd: FUD FUD FUD FUD…
Scott: but expert said…
Minerd: well, i’m not an expert…but……FUD FUD FUD FUD.

[mr_five]

Amazon miss there earnings and all of sudden we need more lockdowns these ppl are so obvious 😂😂 hospitalizations are down this is not 3/2020

[ladas]

Almost 3 minutes in and he finally says "I'm not an expert in this...." Why are you on here then?

[patsully]

Bitcoin is the future. Like it or not. Bitcoin is money, everything else is just credit.

[FairwayStreams]

So buy zoom, tedoc, and pton… got it 👍🏻

[Lex]

this guys is the biggest BSerrr in the stock market

[sssst]

This guy is a cry baby. None of these guys talk about tax hits.

[rexmundi]

Can someone explain to dumb money Scott, that there is no correlation between the stock market and economy.

[chrisnelson]

Difference between now and this time last year was we were still in Buy The Dip mode. Now that we’re close to market highs, it won’t take much to cause a correction. Whether you and your little portfolio believe it’s FUD or not doesn’t matter. If the big money decides it’s real then we’re going down. It’s that simple.

[sssst]

He’s funny it will be a state by state issue it’s all political.

[cogen]

He's right, stocks are way overvalued. If earnings crumble. The pe gets worse

[titusp]

Scott is awesome getting on Minerd's ass ... oh sell now ... can't get any better DELTA ... oh I am not an expert.

[darrenprior]

I think this guy is on the right track here. The Northern Hemisphere should pay attention to what's going on in the Southern Hemisphere. Here in Australia we're witnessing Delta spreading through young children like wildfire. Sydney saw the transmission rate spike from 1 to 3000 people in 38 with 13 already dead. Winter hasn't arrived on the Northern Hemisphere yet. Be warned.

[jchoi]

A lot of haters in the comments section. Clear sell signal. Lmao

[cya]

I need to stop watching such videos. Just keep your stocks and forget about all these various comments etc.

[kikachou]

He is making the call today because he has nothing else to do! Just create Sensation! LOL...