One thing never change: Wall Street is looking for Money.
Things change: Stocks in favor
How does it change: if the BIG guy bought the stock, CNBC will promote it; if the big guy sold the stock and wait for reentry at lower point, CNBC will bash it.
News are not that important. They can give bad news good lights or good news bad explanation. The purpose is simple: get money from working Americans to big guys' pocket.
When AAPL at $700, those Wall Street banks cashed out while all ANAL ysts promoted it; now the banks are waiting for reentry, CNBC has been bashing it 24 hours to move it as low as possible.