Comments on: Internal CNBC Guest Memo Leaked!

By: michaeld

michaeld — Mon, 16 Nov 2009 10:32:14 +0000

Mark’s comments sometimes matter, as he has many years experience with the markets. We all know they go up and down, and volatility is here to stay. But how is an investor to know when to get in and when to get out? The answer is to use timing signals.

Consider http://invetrics.com

Its daily DJIA index trading signal is up a respectable 68% for the year (as of November 1, 2009) and it is free of charge for individual investors.

By: Pat G.

Pat G. — Mon, 16 Nov 2009 01:35:45 +0000

Perhaps, but Haines can be comical at times. Besides, looking at Erin is worth the tradeoff. Is she cute or what??

By: Mike in Nola

Mike in Nola — Sun, 15 Nov 2009 22:20:17 +0000

On occasions when I have watched (not lately), I have found him one of the least obnoxious of the CNBC stable, other than the “Center of the Financial Universe” thing. I don’t remember Haines browbeating a bearish guest until he says something mildly bullish and then proclaiming that he finally got a bullish statement to use in a video as Frat Boy Joe does.

BTW, when looking at a list of GS alumni, happened to notice Erin is one. So, she is apparently not as stupid as she acts. I suppose that is a cover for her wickedness.

By: DL

DL — Sun, 15 Nov 2009 20:57:14 +0000

Add the fact that Haines more or less equates technical analysis with voodoo.

By: Forbes

Forbes — Sun, 15 Nov 2009 20:29:42 +0000

Bloomberg radio between 7am and 10am on weekdays is probably the best quality financial programing out there and ditto for Bloomberg radio/TV simulcast between 10am and noon.

The absolute worst of CNBC (and that means it must be toxic) is between noon and 3pm where again Bloomberg is a good alternative. Late afternoon again on Bloomy radio or TV, Pimm Fox has a pretty good progam unless the shrieking voice of Maria Bartiromo or fluff of Melissa Lee is more to your taste.

Also on the weekends CNBC runs commercials for Tooth Whiteners or in-depth financial analysis by the likes of Suze Orman (I think those are one and the same). Meanwhile Bloomy features highlights and interviews from the prior week and on Sunday they broadcast all of the Sunday AM political shows on Bloomberg radio.

Bloomberg radio schedule http://www.bloomberg.com/tvradio/radio/schedule_us.html

Updated list of Bloomberg radio guests http://www.bloomberg.com/tvradio/radio/guests_us.html

and no I don’t have anything to do with Bloomy or their sponsors – but I do have a healthy disrepect for all things CNBC, now if only the financial blogs would stop linking to and even mentioning GE’s (soon to be Comcasts?) propaganda arm.

By: rickambrose

rickambrose — Sun, 15 Nov 2009 19:09:25 +0000

I actually adore appreciate Mark Haines’ perspectives! It’s the endlessly bullish guests I was after with this one – re: “Agrarian” – Mark likes to grow alot of his own vegetables at home, and often shows examples of his harvest – that was the reference.

By: drey

drey — Sun, 15 Nov 2009 18:10:07 +0000

“Each trading morning, CNBC’s anchor agrarian has two guests he asks one simple question: “So, What Do You Think Of The Market?”

Uh, isn’t an ‘agrarian’ a farmer? Not sure I’m getting the reference.

Now, if you’re suggesting that Mark Haines is about as useful as a bucket of manure I’m right there with you…

By: DM RTA

DM RTA — Sun, 15 Nov 2009 17:20:49 +0000

every now and then in the 6am hour they have a guest that really hits the analysis on the head. That person is usually a well know exec in their business speaking broadly and using ideas you either get or do not. The comments are not explained afterward because ratings respond so much better to Erin’s cute expressions or (later in the day) six talking heads yelling over each other and making no sense.
When you think about it…what they are really selling beyond their ticker function, is pretty heads attached to their opinions. It is a stream of commercial opps in exchange for program fill. Why do ratings go down when the market goes down? Because they measure users in a way that cannot account for the quality between one kind of viewer and another. Enter the blogosphere…

By: VennData

VennData — Sun, 15 Nov 2009 15:23:37 +0000

“…Why does ANYONE watch CNBC?…”

Half have stopped, but…

http://www.zerohedge.com/article/cnbc-viewership-plunges-50-october

…but that was from the ‘07 peak. Ratings are now at ‘07 levels, with a doubling from ‘05.

http://www.businessinsider.com/cnbcs-ratings-drop-doesnt-mean-much-2009-10

… another half story from Zero Hedge.

By: ben22

ben22 — Sun, 15 Nov 2009 15:04:16 +0000

Richard,

Wow, you nailed it, funny!

@Steve Barry,
Burnett says that when she’s not talking about some silver lining.