Skip to main content

Weekly Roundup: Impeachment, Healthcare, Crazy Tech Valuations and Earnings

Publish date:
Video Duration:

It was a busy week in the markets.

The political world was stunned when Nancy Pelosi and the house democrats announced a formal impeachment inquiry, Elizabeth Warren overtook Joe Biden in some national polls, which continued the pressure on health care stocks, and Nike (NKE) - Get Nike Inc. Report and Micron (MU) - Get Micron Technology Inc. Report reported earnings this week.

Additionally Peloton went public this week and wasn't treated kindly by the markets. It seems the crazy valuations in tech and the unorthodox metrics used to value some companies these days may finally be wearing investors out.

Zev Fima, Research Analyst at ActionAlertsPLUS, sat down to discuss all of this with:

  • Jacob Sonenshine, Reporter for TheStreet
  • Anthony Bonsignore, Research Analyst for CNBC's Mad Money
  • And Jeff Marks, Senior Portfolio Analyst for ActionAlertsPLUS

Check out the video above for an in-depth discussion of everything you need to know from this week in the markets. And check out the links below for coverage from throughout the week.

Cramer and the AAP team say the rotation out of high-multiple tech hits again. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.






Stick with TheStreet for all the market coverage you need.

Related Videos