The CNBC
published last month the rate how many people are watching them. You should
have to know that normal investors and new runners love to watch CNBC, they
believe in that there is wisdom, and love to listen to the experts. I have a
statement here, if more people involved in the markets, more people need to
watch the CNBC that is the positive correlation.
Since 2008
we are in a brutal bull market. The biggest reason is the cheap money thanks to
the central banks. But it is strange thatthe mass still doing nothing with
stocks and as my experience says it is a good sign. Normally happens that in
the bull markets the CNBC is loved by everybody, when the bubbles are growing
the CNBC is getting to be more and more popular. CNBC experts, reporters and
anchors act like rock stars they are the hero of millions. Everyone knows them.
This August
CNBC touched very low ratings against that the SP500 gained more than 16% in the
last year. The rating is in 20 years low. NY Post found that there is only 37k
viewers (age 25-55) on daily base.
The
flagship magazines of CNBC - Fast Money, Mad Money and The Kudlow Report - are
in all time low. That means the mass doesn't care about the market at all, not
yet.
Ok, I know
people get started to use Twitter and Internet, but this kind of huge backdrop
means something. This low sentiment tells me the last period of turbulence, the
parabolic movement of the market is still ahead of us
All in all
the indexes are close to all-time highs and the confidence and TV ratings are
low - in my interpretation is another sign this bull market could have a long
way to go.
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