Right on Art. He is the only CNBC commentator who actually is connected to the floor and who knows what is going on. Hate to say it, but Art is the only floor commentator who I have ever heard use the term "Fibonacci". This is the real clue to his understanding of the markets.
Since Dennis Kneale and the other bimbos know nothing but screaming the latest oil price, housing number and Fed announcement, you can count on them to be out to lunch.
Kneale actually rolled his eyes a couple of days ago when Art mentioned our old pal Fibonacci again. Of course, the market only trades on earnings.
Gasparino is worth watching just for the behind-the-scenes rumor entertainment.
Options Trader: Tuesday Outlook [View article]
Right on Art. He is the only CNBC commentator who actually is connected to the floor and who knows what is going on. Hate to say it, but Art is the only floor commentator who I have ever heard use the term "Fibonacci". This is the real clue to his understanding of the markets.
Since Dennis Kneale and the other bimbos know nothing but screaming the latest oil price, housing number and Fed announcement, you can count on them to be out to lunch.
Kneale actually rolled his eyes a couple of days ago when Art mentioned our old pal Fibonacci again. Of course, the market only trades on earnings.
Gasparino is worth watching just for the behind-the-scenes rumor entertainment.