Positive earnings stories hide problems for Lyft, Spotify and Snap
Money Life with Chuck Jaffe · Money Life with Chuck Jaffe
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Show Notes
David Trainer of New Constructs revisits three past 'Danger Zone' picks that recently reported earnings that the market could take as a positive but that he feels continue to mask deep underlying problems. Trainer believes two of the three companies ultimately could prove worthless, but even if they don't he says that all three stocks are dramatically overpriced based on their realistic prospects for controlling their respective industries. Also on the show, Chuck covers why Friday's bad jobs report was greeted by new stock market highs, John Divine of US News and World Report talks about dogecoin and whether investors should consider the latest hot cryptocurrency, author Jennifer Turliuk discusses how to figure out what to do with your life, and Adan Coons of Winthrop Capital Management talks ETFs in the Market Call.