Sunday, May 10, 2015

May 10, 2015, Bob Brinker's Moneytalk: Stocks, Bonds, Economic and Investing Summary

May 10, 2015....Bob Brinker was NOT live on the air today.  The broadcast was all repeat monologues and spliced together old calls. No announcement, of course. Brinker shows total lack of respect and consideration for his audience. 

These comments sent this afternoon by someone who wants to remain anonymous, sum it up very well:
Does this guy Brinker ever work? Every other radio show that I hear (Dave Ramsey, Mark Levin, etc.) gives the listener a heads up that it's not live and simply best of or pre-recorded. In my opinion, Brinker and ABC are a bunch of crooks and charlatans to allow this nonsense to take place and trick the listeners.
                                           NOT A RE-RUN:

Jeffchristie's Moneytalk Final Exam Question:

Bob said that the most frequently ask question on Moneytalk is:

A) Is today's show live or is it old calls spliced together?

B) Does Bob still like Ginnie Mae's?

C) What is critical mass.

D) Does Bob write two newsletters?

ANSWER

Please don't miss my article about Bob Brinker selling all Nasdaq and how that has worked out, LINK HERE.
 
NOTE: Los Angeles  KABC 790  Plays one hour 10-11pm and archives it for several weeks 



45 comments:

MikeE said...

What a bunch of "crok"
MikeE

Anonymous said...

Yep, Not live today. One of the best "co-hosts" of recent years was Tom Vacar (of local SF Bay Area KTVU News).

He was, unlike most others, totally familiar with Brinker & his principles as he apparently listened to him for years.

I thought he did a good job, interacted with callers well and was LIVE!!

Maybe Brinker's ill or transitioning to his Land of Critical Mass !

Anonymous said...

Does this guy Brinker ever work? Every other radio show that I hear (Dave Ramsey, Mark Levin, etc.) gives the listener a heads up that it's not live and simply best of or pre-recorded. In my opinion, Brinker and ABC are a bunch of crooks and charlatans to allow this nonsense to take place and trick the listeners.

Bluce said...

Well finally somebody posted! I've been here since 4:00 but didn't want to post first.

Bobby started off with his "Land of Critical Mass" spiel, and it all sounded too familiar.

So, shortly after the show (tape!) started, Honey posted that it was a re-run. Heh, confirmed.

Thanks for that Honey. I didn't bother paying too much attention to the rest of the tape.

Honeybee said...

Sorry Bluce and all...I was celebrating Mother's Day with my family.

I started the thread when the program started (and I could tell it was not live) and then left for San Jose -- just got home again a few minutes ago and published the comments.

Again, Brinker showed contempt for his audience by not announcing that the program is pre-recorded segments.

The blog research team listened to the whole program and recognized several of the callers from prior programs.

Bluce said...

No need to apologize Honey, I didn't even try posting until now.

I'm glad you noted, a few minutes after it started, that it was a re-run so I didn't have to waste the afternoon paying attention.

Shameless Bobby does it again.

gabe said...

Futures are flat!

Gabe

Anonymous said...

I would be in the land of critical mass if it wasn't for Bob and the QQQ fiasco.
I could be driving a Lexus!
Instead I ride public transportation and eat 1 meal a day.
Thanks BOB!!!!

Harold Olsen

birdbrain said...

Honey:

For your May 9 post, the percentage gains are

QQQ +67.7%
VTSMX +55.6%
RYOCX +46.1%

Bibble said...

"I would be in the land of critical mass if it wasn't for Bob and the QQQ fiasco."

Oh Harold, I think you're exaggerating. If the optional QQQ trade cost you that much money, you certainly bet way more than you should have.

Time to take a little responsibility for your own mistakes Harold. It's your own fault.

Honeybee said...

Hi Birdbrain....Thanks so much for doing the math on how much better the Nasdaq Index did than the total stock market index since Bob Brinker sold all Marketimer holdings.

Looks like QQQ walloped VTSMX by 12%. My guestimate was a little high.

Anonymous said...

If I was still paying for MTOD I'd be pretty frosted by the taped call mashup shows. I cancelled shortly after he went to 1 show a week but the price stayed the same.

Love having this blog for the recap in case I do miss one of his increasingly rare live shows.

Honeybee said...

Anonymous said...

If I was still paying for MTOD I'd be pretty frosted by the taped call mashup shows. I cancelled shortly after he went to 1 show a week but the price stayed the same.

Love having this blog for the recap in case I do miss one of his increasingly rare live shows.


Anonymous...Great point about paying the same price for Moneytalk on Demand for one day a week as when it was two days a week.

And more importantly, paying for one rerun program per month.

Clearly, that is the reason that Bob Brinker has chosen not to mention before, after or during the reruns that he isn't live on air.

Honeybee said...

So how much does one pay per hour for new Moneytalk programming?

Brinker clearly has a contract to only do an average of 3 out of 4 Sundays per month.

So let's assume that you are only interested in what Brinker is saying, not some obscure "guest" talking about Bitcoins. That leaves SIX HOURS per month that Brinker is actually on the air and taking phone calls.

M.O.D. costs $5.00 per month. That means you are paying (what?) about 80 cents per hour to listen to free radio.

Yep, there's no doubt in my mind -- that is why Brinker so cleverly does the re-run scam.

Bob (not THAT Bob) said...

Honeybee, I am confused.

If I understand your post, is THAT Bob's show now cut down to 2 hours?

Honeybee said...

NOT THAT Bob....What I meant was that if you don't count the 3rd hour guest-hour, there are only two hours of actual live broadcast -- open for all subjects.

Granted, mostly those third hour guests are interesting. Otherwise our friend Frankj wouldn't waste time summarizing them.

But now that you mention it, many stations have cut his time back to two hours and even one hour. If I recall correctly, KABC in LA only carries one hour.

Bob (not THAT Bob) said...

Thank you for clarifying that Honeybee.

My opinion of (AM) weekend radio is that (for the most part) the programming runs from useless-to bad-to horrible.

And it seems to get worse each year. The vast majority of the shows are infomercials, and the vast majority of those suck.

There, now I feel better. Happy Monday everyone!

pete said...

where can you listen to bobs broadcast yesterday? ksfo does not provide archives anymore. thanks

gabe said...

Bonds got shot down!

Gabe

Honeybee said...

Pete...check the list that I have in the right column of the front page. There is only one KNOWN archive that we are aware of and that is KABC in LA.

But it looks like even they only archive one hour per week.

Anonymous said...

With the bond market on the verge of an interest rate adjustment, Mr. B. votes present.

Bob (not THAT Bob) said...

Honeybee,

(Reference my previous post regarding infomercials)

Here is the Sunday KABC lineup (from their website):

Sunday

12:00 AM – 1:00 AM – Late Night Health
1:00 AM – 3:00 AM – The Dr. Bob Martin Show
3:00 AM – 5:00 AM – Purity Products
5:00 AM – 6:00 AM – Mortgage Makeover
6:00 AM – 7:00 AM – Natren
7:00 AM – 8:00 AM – KABC Programming
8:00 AM – 10:00 AM – The Motorman Show
10:00 AM – 11:00 AM – The Dr. Bob Martin Live Show
11:00 AM – 12:00 PM – Missed Fortune Radio
12:00 PM – 1:00 PM – Food and Wine with Chef Jamie Gwen
1:00 PM – 2:00 PM – Money Matters
2:00 PM – 3:00 PM – Champions Of Justice
3:00 PM – 4:00 PM – Power Trading Radio
4:00 PM – 5:00 PM – The Stem Cell Show
5:00 PM – 6:00 PM – Missed Fortune Radio
6:00 PM – 7:00 PM – Klean Radio
7:00 PM – 8:00 PM – So, What’s Your Problem
8:00 PM – 9:00 PM – Body Politic
9:00 PM – 12:00 PM – Money Talk with Bob Brinker


PS: The Stem Cell Show ???

PPS: I wonder if they are now carrying THAT Bob for 3 hours? Maybe their web site program listing is outdated?

Steve said...

Bob taking a weekend off per month is nothing new; this went back to the Bill Flaningan and Larry Kudlow days of fill-ins. Kudlow has his own show now, and we pray Flanigan rests in peace. Other than Tom Vacar, his recent fill-ins have not been pretty boring to listen to. Now, all he has is reruns when he is off.

birdbrain said...

Looking at the Sunday KABC lineup, it appears that Mr B hosts two shows.

Moneytalk and Missed Fortune Radio.

gabe said...

Seesawing!

gabe said...

Seesawing continues!

Gabe

R C said...

Hi Honey(bee).

I have read you posts at beehive buzz for a few years now. I subscribed to Brinker for several years after 2000 but dropped his subscription after he did not catch the 2007 top. I also got stuck with a lot of QQQs after his 2nd 2000 recommendation and lost a bunch there as well. I applaud you for keeping these facts known. He is a shark himself in not disclosing his mistakes and only promoting his successes. He does seem to be arrogant, I'm not sure if he is that brilliant but rather he just had a mouthpiece at a time when an old pro should have been able to easily recognize the danger. His title "Market Timer" newsletter is definitely a misnomer.

I have subscribed to Sy Harding's newsletter during and since Brinker and was very disheartened at his passing last month. Mr Harding was very approachable compared to Brinker and we had several emails back and forth. Mr Harding even sent me a money award for notifying him of an adviser who was plagiarizing his newsletters. I noticed that you posted in Silicon Investor that he passed last month so I assume you are familiar with his work as well. He obviously liked to write a lot and was pretty good at it I believe he called it 'hand holding' and it was appreciated even when he was often wrong because he at least admitted his mistakes to his subscribers. The staff he left behind just does not seem adequate to the same task. With all your contacts, I was wondering if you knew of any other newsletters out there in the style of the Street Smart Report. I have been searching but so far, I can't find anything close.

Any suggestions you can provide would be welcome.

Thanks

Honeybee said...

All hands on deck!

Anyone have some help for R.C. finding someone that gives advice similar to Sy Harding's?

As you probably know, sadly, Sy Harding passed away a few weeks ago.

gabe said...

Equities faded!

Gabe

I recommend Vanguard Advisory Services.

Gabe

Paul Etheridge said...

SS Reort has almost completely missed out on the last fiveyear rally. You will not expose your investments to as much risk following this newsletter’s formula( basically sell in May and go away), but then again, you have zero risk staying in all cash. So, the advice is virtually worthless. On the positive side, a good read, but i can get that from Forbes or Money Magazine. Check CXO for an analysis of this newsletter’s performance- very poor.

MikeE said...

To RC...You might check into Jim Rohrback at investment-models.com His timing model may be the best around.
MkeE

Bob said...

You can also read A Random Walk Down Wall Street by Burton Malkiel.

He says that market timing and stock picking is a giant waste of time. Can't be done he says.

A lotta folks like St Jack Bogle agree.

gabe said...

Invest for the long term!

Gabe

Jerrod Clarkson said...

It appears that we have yet another Bull Trap day in our midst.

Jerrod Clarkson

Pig said...

Anonymous said... Instead I ride public transportation and eat 1 meal a day.

Count your blessings. After the QQQ fiasco I was driving that bus and ate every other day, weather permitting for dumpster diving.

THANKS BOB

If any "mother" deserved to be off on Mothers day, it is definitely you. HTH

gabe said...

A big day for the bulls!

Gabe

gabe said...

The Bond Market surprises to the upside. Oversold?

Gabe

Bob said...

The Bond Market surprises to the upside.

That means rates continue to fall. Impossible...everybody knows rates are going to rise.

Jim said...

Almost the perfect week for Brinker. The stock market closes at record highs. The bond market was going his way also, until Friday. July 8 will be two years since Brinker began shifting away from intermediate bond funds (selling Ginnie Mae's) and moving into low duration funds. At this point I'm sure he wants desperately to see bonds prices fall and yields rise so he can finally claim that his bond strategy is paying off.

gabe said...

Jim: Perhaps, Brinker will get his way in 2016!

Gabe

Bluce said...

LOL @ Bob's (the REAL Bob) rate-timing meltdown.

Another crash-and-burn for The Master Timer.

Bob (not THAT Bob) said...

I find the lack of volume (particularly on big up-days) quite troubling. If the big institutions aren't buying in, then its Game Over!

Not only that, but if volume continues to shrink, Wall Street and local brokerages may find it necessary to abide by the Official Starship Calendar:

- Maybe open for business, maybe live, maybe a replay, maybe part live and part replay, maybe a guest captaining the bridge.

- If open, maybe open one hour, two hours or even three hours on some Sundays (NOT to be announced) during the year. Consult local listings and confirm via your ouija board.

Happy trading (or not).

gabe said...

Low volume today..1.67 B. shares traded.

Gabe

gabe said...

Correction: Volume on the NAS was 1.67 B while NYSE was a bit over 3B

Gabe

gabe said...

Our Barn has 4 horses starting this weekend. Unfortunately, not in the Preakness.

Gabe