I was right about BAC – buying this morning. But doesn’t mean it will go up . . . You should all be scarred when Goldman uses your money to trade for their own account and swing for the fences. . .
Here is the latest interview from CNBC’s Closing Bell. Big credit to Michael Yoshikami of YCMNET Advisors who was great to be paired with. Great to see some young blood!!!
We cover utilities, staples, and the issue with Chinese steel demand. ENJOY!
We get right into into it. Check out the page on CNBC here. Bottom line is that we are not out of the woods yet and price momentum means nothing to another half million out of a job. We are entering the ‘dry’ season that goes from May through October. Not a great time to jump in. . . But, Scott was a great analyst to be interviewed with. I disagree with his points, but respect the work he puts into it.