PHONING IN THE FINANCIAL NEWS: Monday was one of those rare occasions when news of the stock market escapes from the confines of CNBC and the nightly TV news’ 30 second Chyron of the Dow’s closing price and onto the 11:00 PM news proper. Since most TV news reporters aren’t very good at covering the financial world, and since they feel that any such coverage must be dumbed-down for the average viewer, watching one of the local Bay Area stations report on TV tonight at the gym, the assemblage of shots appeared straight out of this classic 2010 segment by satirist Charlie Brooker of the BBC. (Language warning for an F-bomb if you’re watching this at work with the sound up):

In contrast, this is probably the best advice for the current period, but if more investors followed it and kept their inner riverboat gambler in check, the stock mavens at CNBC — not to mention plenty of stockbrokers — would be out of a job: