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Compiling comments that experts make about stocks while on public TV.

2017-05-03

General Comment by Keith Richards

Bias Subject Owned
CAUTIOUS TECHNICAL ANALYSIS No

US banks. He just took profits today. The sector has been underperforming for the past quarter or so, which is unusual for this time of the year. Seasonally, they should be on fire.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management

1 Comment

idaustin

May 4th 2017 at 7:06pm

Mr. Technicals sold US banks because of one quarter's relative underperformance (he must have not made his quarterly bonus target)

Mr. Technicals will wait for US banks to outperform before chasing them up the lemming pole. There is safety in groupthink idiocy.


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