Read on Twitter
A 🧵 🪡
1/
On Friday, I was on @CNBCClosingBell and the segment was >20 minute covered some important ground
- it’s Sunday of a long weekend, so I wanted to share some perspectives
1/
On Friday, I was on @CNBCClosingBell and the segment was >20 minute covered some important ground
- it’s Sunday of a long weekend, so I wanted to share some perspectives
2/
Foremost, FANNG up 45% this year because earnings delivery has surprised to the upside
- look at $NVDA and $META others
- future forecast of earnings higher, supporting higher PE and on higher EPS
Our #FSInsight family members know this has been our top sector pick for 2023
Foremost, FANNG up 45% this year because earnings delivery has surprised to the upside
- look at $NVDA and $META others
- future forecast of earnings higher, supporting higher PE and on higher EPS
Our #FSInsight family members know this has been our top sector pick for 2023
https://twitter.com/cnbcclosingbell/status/1662176102838616081
3/
There are many who say the stock market is “so expensive” and therefore they are bearish
- ex-FAANG, PE is 15x
- two most expensive sectors
- Staples 20x and Utilies 19x
There are many who say the stock market is “so expensive” and therefore they are bearish
- ex-FAANG, PE is 15x
- two most expensive sectors
- Staples 20x and Utilies 19x
https://twitter.com/cnbcclosingbell/status/1662179338173726722
4/
Fed is “tight” but many interpret this as Fed is targeting stock prices and wants equity prices lower
- no evidence for this
- stocks avg 13% per under #Volcker
- being too tight will worsen regional bank crisis
Fed is “tight” but many interpret this as Fed is targeting stock prices and wants equity prices lower
- no evidence for this
- stocks avg 13% per under #Volcker
- being too tight will worsen regional bank crisis
https://twitter.com/cnbcclosingbell/status/1662178049306050578
5/
By the way, those “bearish” and advising owning Defensive stocks
- advising investors to buy “expensive” stocks
- see the semi-contradiction?
By the way, those “bearish” and advising owning Defensive stocks
- advising investors to buy “expensive” stocks
- see the semi-contradiction?
• • •
Missing some Tweet in this thread? You can try to
force a refresh
