As the NASDAQ Composite (INDEXNASDAQ:.IXIC) was heading for its most significant loss since 2012 – and investors sensed a degree of panic take hold for the first time in recent memory – how did the major business news networks cover it? FBN blasts coverage into the close One New York City media watcher pointed out to us that Fox Business News (FBN) blasted coverage into the close while CNBC and Bloomberg both rang their cash register. FBN “blew out their commercial breaks” for today’s last hour of trading to cover the “massive market selloff” that happened. Liz Claman’s Countdown to…
FBN Blasts Coverage Into Close With Wall To Wall Reporting
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.