Greek-American Wall Street expert and CEO of John Thomas Financial, Thomas Belesis, made a special appearance on Fox Business Bulls & Bears to comment on recent economic developments in the US and abroad.
“If you look over the last 12 months, last August the DOW fell below 10,000. You had that 4 or 5 day selloff where the DOW came down almost 1,000 points. And if you look at the valuations and the S&P earnings, they were rising. If you had picked your spots back then and picked the correct stocks in the right sectors, looking 12 months after, you would have made a great score for your investors. … We’re buying selective energy stocks. Sectors that have performed the best on a pullback – we are stepping in and buying the right companies in the right sectors.” Watch the videos below: