Get my 5-day email funnel that generated $400,000 from a single launch

Want an email sales funnel that's already proven to work? Get the entire word-for-word email funnel that generated $400,000 from a single launch and apply it to your own business.

Yes! Send me the funnel now
Start Here: “The Ultimate Guide to Personal Finance”

“What’s next for stocks?” — is this for real?

7 Comments- Get free updates of new posts here

0 0

Notice the quotes around the title of this post, because I would never, ever write that myself.

From yesterday’s CNN Money article, “What’s next for stocks,” let me try to shed some light on how these “insights” are conceived:

First, make confusing claim with no clear answer, using qualifying words like “seem”:

So where is the market headed next? Not only have recent reports painted a mixed picture of the economy, shaking investor confidence a bit, but after more than three months of gains, stocks seem vulnerable to a bit of a retreat.

Insert obligatory quote from someone saying something:

“After the strong rally we’ve had, the market was due for a rest,” said Ken Tower, chief market strategist at CyberTrader.

Qualify what was written two paragraphs earlier by now predicting the exact opposite:

While more declines could come next week, in the longer term, stocks have a good shot at resuming the upward trend, Tower said.

Add another quote that doesn’t mean anything. This time use the qualifying phrases “should,” “at least,” and “modest”:

“Companies are buying back a lot of stock right now, while at the same time, individual investors continue to come back into the market,” said Jeff Kleintop, chief investment strategist at PNC Wealth Management. “That should create at least a modest updraft for stocks through the end of the year.”

Write a lot of numbers:

All that helped fuel one of the best third quarters on Wall Street in years, and a surprisingly strong October. The Dow hit record closing highs 13 times last month, while the Nasdaq composite and S&P 500 closed at their best levels in more than 5-1/2 years.

Finally, talk about confusing stuff that distracts you from the fact that this article is a meandering mess:

But recent reports have pointed to a slowing economy, including the weakest economic growth in more than three years in the third quarter, as well slowing activity in manufacturing and housing, and no growth in productivity.

Those reports sparked some selling, but also bets that if the economy is slowing so much – and inflation continues to moderate – the Fed can start cutting rates as early as the first quarter of next year.


In the early part of next week, Wall Streeters will be focused on Tuesday’s mid-term congressional elections.

Hope that helps. The full article is here, but don’t bother.

0 0

Related Articles


How to turn negative performance review phrases into a 30%+ raise

Here’s a dirty secret about performance reviews your HR department doesn’t want you to know. Any performance review, ...

Read More
Hand draw social network on black board using chalk

How to network even if you hate networking

When you think about networking, what comes to mind? A sleazy, scammy guy with his hair greased back, fake smile, ...

Read More


0 0
  1. Thanks for the great summary! Saved me a lot of time and confusion 🙂

    Keep up the great work!

  2. I have to agree with first comment, thanks for saving me the trouble.

    And I wanted to thank you for putting a smile on my face on a monday afternoon.

  3. I’ll admit that the article doesn’t accomplish much of anything or provide any new information to those already in the know. But what it does do is highlight some of the debate and worries that are currently circulating around the market.

    Market novices might just be looking at a 3 month DJI chart and hopping on the bandwagon without a good understanding of the market forces that may make some stocks better than others.

    I think that encourages some individual thought and responsibility on the part of the average investor. And that works out because this is clearly who the article is for. I’m all for avoiding the rampant speculation of the late 90’s.

  4. Oh, analyst speek. There should be an on-line translater for it.

    Hhhmmm…that sounds like a good idea for a blog post though.

    However, I understand about the soft words like “seem” or “usually”. I’ll post something that is 99.999% accurate and someone will post the exception (there are no absolutes in life).

  5. But Ramit, the article was perfectly clear – the writer knows lots of financial terms and less than us about the market!

  6. nice post man..even the text books on corp fin make this point: the analysts will commit to nothing..ergo useless reports