When I eat lunch I’ll often watch CNBC where there will be four or five professional money managers in discussion. I find that their commentary when discussing individual stocks to be interesting and informative.
But discussions of what the “ market” is going to do, over the short term are, in my opinion,( for what it’s worth) not helpful. You will often hear one of the participants give a perfectly logical explanation of why the “ market” is going up, while another will give a perfectly logical explanation of why the “market” is going down.
As Michael Price, a very successful money manager, when asked what the “market” was going to do, said “ I have no idea, all I can do is try to pick out good stocks” amen to that.