Playing momentum stocks requires nerves of steel, says Wharton's Jeremy Siegel

Jeremy Siegel, Wharton School professor, joins 'Closing Bell' to discuss the markets, chipmakers and the Fed.

[melissamcright]

I`m new to the stock market. Every stocks that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the opportunities so far. I believe having $250K yearly income would be a good investment so I want to plug all my savings into the market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good coins to buy and losing all the good opportunities.

[geraldt]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[Aurierserge]

It is true average stock in my portfolio has been cut in half, and the only way to earn this year is to trade in very short time frames. I don't know if i should liquidate my dipping $117, 000 portfolio or what other ways can i take advantage of this market?

[RaymondKeen.]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[traviswes]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[shellywhite]

What are the best additions to a $500k portfolio to boost performance?. ETH is Up and will do better, I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets

[cuhullin]

I love nvidia man; it takes the spotlight completely off meta which is absolutely beautiful

[jancula]

Agree. Needs ballz of steel to be in mooning NVDA right know. Those people deserve the money.

[slytherben]

Do yourself a favor, look up GTC and ask yourself what will Nvidia's stock do March 18-21? Hint. Look at 2024 CES Nvidia headlines

[NelsonAntoineTrader]

The professor Siegel have the coolest pro-microphone in wall street. Sure thing.

[Nick-yc]

I jump off pretty close of the top and buy back almost at the min today.... it might continue to go down, but at least I've been able to get the gap!

[thenimbleinvestors]

Professor Siegel says he is starting to see momentum trading followers enter the market. Dude, they have been riding this since November 2023 and are in full control of the market. Nonetheless, I like how he is more of an equity strategist than a professor - does he teach or play the market all day.

[MrKevinso]

Thank you, professor, for the wisdom.

[DayAndNightTo]

didnt he say it crash when everybody is holding?

[zhenmingz]

Is the prof OK? He kept trembling, making me wonder if what he said was valid.

[erichvonmolder]

I thought this was a good thing it came down, along with other semi and tech stocks. I was not the least bit shocked at what happened today in tech. I heard through rumors that Nvidia may do a split. Something to watch out for in the near future.

[wesly]

I started making a lot of money after I stopped chasing momentum and buy options on fundamentally sound companies that's dropped alot

[stevenvanheyningen]

a little grew a beak & wings...LOL !!!!

[darrenhere]

surprised the prof cant admit the stock can pull back 10% !! thats extremely sus...

[knt]

Strength And U.S. 🇺🇸 Economy Forwarding Are Your Best Friends. Sincerely, ❤️❤️❤️KNT