Forum Archive Index - May 2001

["Peter Maiden" <pmaiden@xtra.co.nz>]

The New Zealand market is such a boring place and the coverage of it - well, the less said the better ............

Have any of you ever admired those pretty females (for the content of course) CNBC (Sky digital)?

Maria is one ... and she moves the market - this from dailyreckoning.com

One part quantitative analysis, 10 parts Hollywood, sums up yesterday's Financial Times story, "Quantifying the Maria factor." The "Maria" under examination is, of course, CNBC's Maria Bartiromo, otherwise known as the "Money Honey."

Ms. Bartiromo is all that and more, it seems. She moves markets...big time. "When Ms. Bartiromo makes a favorable comment about a company during her regular 'Midday Call' spot, its share price jumps an average of 43 points within a minute - 11 points in the first 15 seconds, 20 in the next 15 seconds and 12 points in the remaining 30 seconds."

Clearly, this study is not a scientific quantitative analysis. (No "quant" would express results in terms of absolute points rather than percentage move). But the essential point is unmistakable. "Research" bull market style is a five-step process: 1) Sit in comfy chair; 2) Turn on TV; 3) Tune in to CNBC; 4) Listen carefully to Maria Bartiromo; 5) Buy any stock she mentions.

 

But there is more to Maria than that. Maria is also a barometer to the market in other exciting ways.- have a look at this page

http://www.dimgroup.com/stockjunkies/maria.html

And what else be said - a poem from one of her fans.......

 

Ave Maria

Conveying the news

Your ongoing duty

Pretty as a picture

What a business beauty

Broke tradition in broadcasting

Gave Market coverage a new twist

Attracted an audience

For who could resist?

The sweetest of smiles

The brightest of eyes

The viewers who watch

Have come to realize

Your passion for business

The desire to be the best

Getting out all the facts

And points of interest

You capture the action

''Live'' as it happens

From the sound of the bell

Until the close at days end

Expanded your horizons

From the floor at your post

To the new nightly show

In which you'll co-host

It's sexy, it's fun

The elements you emit

Creative and interesting

The scope of your wit

Your rise to popularity

An inevitable outcome

No holding you back

Like the rise of the sun

I'll watch for you soon

To tune in to see ya

From now until then

It's just Ave Maria!