Whalen Global Advisors Chairman on bank earnings and opportunities in the space

preview_player
Показать описание


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

For info on the best credit cards go to CNBC Select:

#CNBC
#CNBCTV
Рекомендации по теме
Комментарии
Автор

It's quite simple why banks stocks sold off, while their earnings rose. Traders in Banks will always take positions against consensus position, in so doing wipe out the rest of the retail traders. This is how they make money. Banks can see the full book position, while retail traders are at the mercy of these banks.

YomeLang
Автор

I bought Amazon, Apple, Nvidia, Facebook, Microsoft, Google, Wells Fargo, CRM, Lululemon, Broadcom (AVGO), Adobe

mrpmj
Автор

People are negative on Banks because they can't see past 1 quarter, this is the opportunity to pick them up on the cheap. This is the moment Buffet etc. always talk about in buying the best low. I loaded up on WFC personally, good luck with whatever you pick.

rd
Автор

Good morning . I am from BRAZIL. Congratulation.

dr.reginaldomcosta-ajustic