Among the top 50 hedge funds, the technology sector was the one that saw the steepest selloff, with investment managers unloading some $18.7 billion worth of tech stocks. Apple took the brunt of that tech divestiture, with hedge funds shedding $7.1 billion in the iPhone maker’s shares in the first quarter.
But as hedge funds were jettisoning Apple, they were scooping up shares of Facebook Inc. FB, +0.13% More than $3 billion shares of the social-network giant were acquired by the top hedge funds during the first quarter, FactSet data show.
CNBC use of Conservative News and making it as a issue aganist the FB to bring down FB price is pathetic, it shows what kind of people are working at CNBC and how low they can go
No different then any group calling themselves superior then others
Cramer’s Action Alerts Plus portfolio has underperformed the S&P 500 index SPX, -0.85% in terms of total cumulative returns since its 2001 inception, according to a working paper released Friday by Jonathan Hartley and Matthew Olson, researchers from the Wharton School at the University of Pennsylvania.
Cramer told MarketWatch that he has “never promised outperformance” and that the subscription service is a “largely educational product.”
He Blurted it out earlier this morning, He is not very Intelligent ? spents half day reading those meaningless Tweets, looking for the Goldmine in the Garbage spit out by others
Doing everything Right as CNBC tells him to do
MM IS KEEPING IT DOWN
MM IS KEEPING IT DOWN UNDER 120
He comes every month to Pump TWTR
We do not want see people like Joe Kernen, they can continue their agenda behind the scene, Not on TV
nothing more than Clowns
Low interest rate will result in higher PE, that is natural, MOST STOCKS WILL TRADE AT HIGHER PE
Its NOT a Bubble, news media and other people- the so called Financial Experts are Scaring the markets by calling it a Bubble on every TV show
COMCAST CROOKS AND MARKET MAKER
They deliberately talk negative on the Market. They are constantly Bashing their competitors with negative outlook particular against Facebook, Netflix and Disney. News Media Involved in Market manipulation for their personnal gains - do you think, it is right ?