The Official Stock Market Thread

[btmcrushers]

How is everyone feeling about the overall market after a couple of red days? Correction looming?

[JMarchand1981]

Originally Posted by btmcrushers

How is everyone feeling about the overall market after a couple of red days? Correction looming?

Compare it to the vix. If you aren't well versed on this correlation, watch Cramer's piece on it yesterday. Today was a healthy pull back but it is hardly the canary in the coal mine. Also, I'm not sure what you mean by a couple red days. We/I have been pretty much green the past three weeks.

[babyfaceposey]

Originally Posted by JMarchand1981

Compare it to the vix. If you aren't well versed on this correlation, watch Cramer's piece on it yesterday. Today was a healthy pull back but it is hardly the canary in the coal mine. Also, I'm not sure what you mean by a couple red days. We/I have been pretty much green the past three weeks.

You have some killer picks, but telling anyone to watch Cramer.

[Josh611]

Originally Posted by babyfaceposey

You have some killer picks, but telling anyone to watch Cramer.

Cramer is very educational depending on the segment. A lot of his more market related segments and seasonally ones are worth watching. I mean if he bought everything he said was a buy he would own everything in the market. I was talking about this with someone the other day. Many of the people on CNBC are incredible smart and know their stuff. They all have different benchmarks, trading styles, goals etc. You can take it all with a grain of salt, but there is good info from many of those people.

[babyfaceposey]

Originally Posted by Josh611

Cramer is very educational depending on the segment. A lot of his more market related segments and seasonally ones are worth watching. I mean if he bought everything he said was a buy he would own everything in the market. I was talking about this with someone the other day. Many of the people on CNBC are incredible smart and know their stuff. They all have different benchmarks, trading styles, goals etc. You can take it all with a grain of salt, but there is good info from many of those people.

When Cramer says buy, you sell.

[JMarchand1981]

Originally Posted by babyfaceposey

You have some killer picks, but telling anyone to watch Cramer.

Originally Posted by babyfaceposey

When Cramer says buy, you sell.

Thank you for the compliment.

In terms of Cramer, his stock picks are misleading. His insight of market mechanics is pretty solid. I don't take his stock-specific segments seriously but he does a great job of getting the unfamiliar fairly familiar with how the market works.

In terms of the CNBC crowd, Joshua Brown from Rithholz is the guy to listen to. The options brothers are good too if you play options but Joshua Brown is an A+ money manager with an excellent track record.

[Josh611]

Originally Posted by JMarchand1981

Thank you for the compliment.

In terms of Cramer, his stock picks are misleading. His insight of market mechanics is pretty solid. I don't take his stock-specific segments seriously but he does a great job of getting the unfamiliar fairly familiar with how the market works.

In terms of the CNBC crowd, Joshua Brown from Rithholz is the guy to listen to. The options brothers are good too if you play options but Joshua Brown is an A+ money manager with an excellent track record.

Those were the 3 I had in mind when I typed up my post. They’re all very clear in their strategies and plans when talking about anything which is great. The Najarians do a great job of explaining the options side.

I’ll throw this out there if anyone was ever interested in it. Unusual_Whales on Twitter offers a service that gives the unusual options activity kind of like what the Najarians do. You have to know how to use the info but you can easily make the $38 a month price off it.