A few weeks back, Shah Gilani predicted that the Dow could go down 10% – and he’s sticking to it. While stocks are clearly trying to make new highs, Shah’s doubtful that this will last. There has been too much of a battle between the Presidents, and Shah thinks that a trade deal may not come as a result. And because of that, he believes the markets are going to sell off… Click here to watch.
Articles About TV Appearances
We’ve seen many a positive headline on trade and positive development at the Federal Reserve, but does that merit the rebound we’re seeing? Perhaps, but we’re not out of the woods yet. This morning on Varney & Co., host Stuart Varney and Shah Gilani discuss Shah’s bet that we’d seen a 10% decrease if a trade deal wasn’t finalized. Shah goes on to say that although we haven’t hit 10% yet, the market could continue back down if the China trade talks remain at a stalemate… Click here to watch.
Yesterday morning, retail stocks were hit hard – a result of the China tariffs. And Shah Gilani says that this bashing isn’t over yet; in fact, it could get uglier. But this isn’t necessarily bad news. Right now, think of these retail stocks as being “on sale,” and should be considered some great buying opportunities… Click here to watch.
For years, Shah Gilani has been the perma-bull, the raging bull, and even the reluctant bull. But now, recent market volatility has Shah Gilani feeling like this could be the beginning of the end for the bull market. And until there is any resolution with the China trade situation, you could say this market’s not in Kansas anymore… Click here to watch.
Newly-public Lyft Inc. (NasdaqGS:LYFT) released earnings yesterday with a loss of $1 billion. This morning on Varney & Co., when posed the question of whether he’d buy Lyft at $58 with this loss, Shah Gilani gave a firm “No.” The problems with Lyft go past the surface, so investors may want to steer clear… Click here to watch.
Shah Gilani’s been known as a “raging bull” for quite some time, even when the market experienced some drawbacks. And now, with the market tilting to the upside, he thinks we’ve finally met new highs. On this episode of Varney & Co., Shah discusses that he believes the sidelined money that’s missed this rally since the selloff from October to December is going to come back in – giving us a melt-up… Click here to watch.
After a brief hiatus, Shah Gilani returned for another exciting episode of Varney & Co. this morning. The Boeing Co. (NYSE:BA) was trading around $367, an 8.25% drop from where it was before the news about the crashes broke. The stock should begin to climb back up, but Shah thinks that right now is NOT the time to buy – if Boeing gets to $360, it could drop through the floor to even as low as $300… and that would be the time to get in… Click here to watch.
Bayer AG (OTC:BAYRY) is under fire now as a jury found that a man developed cancer from exposure to Roundup weed killer. This is the second case to go to trial over the allegations – and there are more than 11,000 pending lawsuits that claim the same. And according to Shah Gilani on Varney & Co. this morning, an 11% drop in stock price is only the beginning of the hardships to come for Bayer… Click here to watch.
When it comes to the FAANG Stocks – Facebook, Amazon, Apple, Netflix, and Google – plus Microsoft, it can be difficult to choose which one of these heavy hitters to invest in. But with Microsoft being about 2.5% away from its all-time high and being the most resilient amidst the turbulence of October through December 2018, Shah Gilani says that Microsoft would be the one to buy… Click here to watch.
Unsurprisingly, the markets are dead flat this morning as they hang on every word that comes from Washington and China. As our very own Shah Gilani has said multiple times on Fox Business’s Varney & Co., he believes that the markets will remain flat until we get a deal – and a positive one, at that. Once the news hits, it’ll be enough to move the market higher… Click here to watch.