Squawk on the Street Appearance (6/12/08)
By Barry Ritholtz - June 12th, 2008, 10:57AM
Here’s today’s earlier CNBC appearance on Market Pulse Check:
I like David Katz of Matrix Asset Advisors value approach, but we (obviously) have some sector disagreements — that’s what makes a market!
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Airtime: Thurs. Jun. 12 2008 | :43:0 08 ET
A look at where this market is headed, with David Katz, Matrix Asset Advisors and Barry Ritholtz, Fusion IQ
June 12th, 2008 at 11:01 am
As mentioned here, Callan takes the fall at LEH; Gold-rated financial blog, indeed.
June 12th, 2008 at 11:33 am
I agree with your 1350 year end call for the SP500. Also agree with your call on tech.
People forget that tech has historically been a good sector to hold through recessions. Of course the 2001 recessions was a notable exception.
I like a long trade on financials into options expiration next week but I won’t put it on unless it sets up perfectly.
June 12th, 2008 at 3:13 pm
Barry: The rally today appears to be faiding–You have now been elevated to market mover. Congrats.