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Mar 20, 2024
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joining me for the hour is joe terranova, steve weiss, bryn talkington and also with us today cnbc senior economics reporter steve liesman. first a quick check on the market ahead of the fed. the s&p opened flat, pretty much still there right now. 0.01%. the dow and the nasdaq similar, very muted. the russell as well. essentially flat. looking at treasury yields rising about 15 basis points since that hotter than expected cpi report. i think that's where we have to start. we know inflation is where the fed will start when it comes to inflation. how are you seeing this decision? no decision expected on rates, but we're looking at the dot plot, the commentary from jay powell, the summary of economic projections with their gdp. what are you focused on? >> i think we're trying to certificate. for some form of consternation in an environment that can absolutely be defined as tranquil. it's tranquil. the vix is below 15. >> it is? >> we have broad-based opportunities in the capital markets. you can invest in various sectors. you can go outside the u.s. in terms of the federal reserve, the feder
joining me for the hour is joe terranova, steve weiss, bryn talkington and also with us today cnbc senior economics reporter steve liesman. first a quick check on the market ahead of the fed. the s&p opened flat, pretty much still there right now. 0.01%. the dow and the nasdaq similar, very muted. the russell as well. essentially flat. looking at treasury yields rising about 15 basis points since that hotter than expected cpi report. i think that's where we have to start. we know inflation...
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Mar 1, 2024
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not the small caps, steve weiss. are you going to stick with mega cap tech, keep this train rolling, or is now the time to take profits and broaden out the thesis? >> i did shave a little bit of meta, but, you know, i don't look at it that way. i look at what's reliable, what's predictable cash flow, assuming they have it. and what am i happy in owning. i will leave dell for later. it's not normal to have the market go up every day on a relatively narrow move. there are other things working. i'll leave jim to talk about those -- >> can i push back? are there other things working? hold on, i will show a graphic. we have a great data team at cnc cnbc. the s&p gains, 57% coming from the fantastic four. 32% coming from nvidia alone. so, yes, some other things may be working, but the majority of things working are the fantastic four. >> that also takes a number of stocks that aren't working but there are a number that are. now the same type of movement, but the point is that i know i'm in uncharted territory whether it's
not the small caps, steve weiss. are you going to stick with mega cap tech, keep this train rolling, or is now the time to take profits and broaden out the thesis? >> i did shave a little bit of meta, but, you know, i don't look at it that way. i look at what's reliable, what's predictable cash flow, assuming they have it. and what am i happy in owning. i will leave dell for later. it's not normal to have the market go up every day on a relatively narrow move. there are other things...
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Mar 15, 2024
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joining me for the hour steve weiss, brenda vingiella and rob sechan. let's give you a check on the markets at about 12:00 on the east coast. the dow jones industrials is doing the best of the major three averages but down 0.4% and the nasdaq, that tech trade that is the laggard, down about 1% at this point and, of course, the russell has been struggling this week. we want to watch that one as well. when it comes to sectors, again, technology is the biggest laggard down more than 1.3%, and energy is leading the way but up just 0.3%. it's been an interesting week. steve weiss, i will start with you, and i know mike and sara were ending the show talking about nvidia. it's up today. however, it is down about 10% from those meteoric highs but up about 80% year to date. what do you think? have we seen the best of nvidia for a while? >> i don't know. that's a great question. in the meeting coming up, who knows what they'll say at the meeting. >> sure. >> still the only game in town really. but it's not really an nvidia issue. we haven't seen the others down a
joining me for the hour steve weiss, brenda vingiella and rob sechan. let's give you a check on the markets at about 12:00 on the east coast. the dow jones industrials is doing the best of the major three averages but down 0.4% and the nasdaq, that tech trade that is the laggard, down about 1% at this point and, of course, the russell has been struggling this week. we want to watch that one as well. when it comes to sectors, again, technology is the biggest laggard down more than 1.3%, and...
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Mar 22, 2024
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steve weiss joining us remotely. first let's get a quick check of the markets. of course we have the record closes yesterday. now the market is under a bit of pressure. the dow down just about 175 points. the s&p down fractionally. the nasdaq holding on to just a few gains, up fractionally right now. i think that's where we have to start, joe. is this the beginning of a pullback that so many people have started to become worried about seeing the markets pull back, some type of correction, or is this a blip, a little bit of profit taking? it is a friday and maybe people are just calling it a day. >> i'm not going to go down that road again. i went down that road in early february, and i was wrong. i'm not going to sit and predict a correction. look, i think what is well known throughout the entire financial services industry is the market is in need of a correction, clearly. now, if a correction unfolds, i think the immediate investor reaction to that is to pivot into investment grade, high yield emerging market debt. why? because if the correction unfolds, i thi
steve weiss joining us remotely. first let's get a quick check of the markets. of course we have the record closes yesterday. now the market is under a bit of pressure. the dow down just about 175 points. the s&p down fractionally. the nasdaq holding on to just a few gains, up fractionally right now. i think that's where we have to start, joe. is this the beginning of a pullback that so many people have started to become worried about seeing the markets pull back, some type of correction,...
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Mar 27, 2024
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weiss and sarat sethi. a modest loser a lot of talk whether the rally is waning as this quarter month comes to an end. our delivering alpha investor survey from cnbc, do you think the market has run too far too fast two-thirds, yes, we're in for a pullback do you >> i think everyone thinks we've run too far too fast i was in a morgan stanley complex yesterday and all the financial advisers were talking about when is the correction ultimately going to be coming? if everyone is expecting and wanting a correct, guess what, the correction is not coming there's an expression, never sell a quiet market. this is a remarkably quiet market and if you want to buy insurance, scott, go right ahead and do it. it's cheap enough. the vix is down 13 i wouldn't stand in front of what appears to be a very strong bullish trend. >> so, kari, piper sandler today says cool the engines. a 5% to 10% pullback could be coming investors aren't betting on that, right? we've been talking about money continuing to flow into stocks barcl
weiss and sarat sethi. a modest loser a lot of talk whether the rally is waning as this quarter month comes to an end. our delivering alpha investor survey from cnbc, do you think the market has run too far too fast two-thirds, yes, we're in for a pullback do you >> i think everyone thinks we've run too far too fast i was in a morgan stanley complex yesterday and all the financial advisers were talking about when is the correction ultimately going to be coming? if everyone is expecting...
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Mar 18, 2024
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joining us this hour, joe terranova, steve weiss and shannon. we are going live to san josÉ, california, ahead of the nvidia's developers event. google and apple in talks to use the ai engine in the iphone. that's showing signs of life in the ai trade. joe? >> this potentially reeignites the mag 7. fundamentally this is interesting, and i am not sure who will be paying who in this scenario. obviously we know they pay apple in terms of search. this is also a little bit puzzling to me for apple. is this an admission maybe they could not bring forth their own ai or gemini ai fast enough, and then the regulatory risks for this as well. clearly this is a significant positive for alphabet. i think it's something that probably has been circulating for the last week, because alphabet has had a strong period. >> apple had open talks about open ai in the bloomberg report. maybe this is a look at apple and maybe they didn't have that ai together in time for the worldwide developers conference in june. >> google is a default search engine for apple, and thi
joining us this hour, joe terranova, steve weiss and shannon. we are going live to san josÉ, california, ahead of the nvidia's developers event. google and apple in talks to use the ai engine in the iphone. that's showing signs of life in the ai trade. joe? >> this potentially reeignites the mag 7. fundamentally this is interesting, and i am not sure who will be paying who in this scenario. obviously we know they pay apple in terms of search. this is also a little bit puzzling to me for...
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Mar 4, 2024
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we have joe terranova, steve weiss and jim laboren thaul. a lot of data, starting tomorrow you have powell on the hill on wednesday and thursday. you have a jobs report on friday. you have jolt and ecb with a decision this week. talk to me about it. >> we are in a shoulder month as far as i am concerned as far as information goes, and very little to come. obviously we have broadcom and a few others, and we are at the end of fourth quarter earning season, and we are not near third quarter or announcement -- it's all about the macro because that's been the strong pillar to the economy. not just a labor report on friday, but next week, scott, it's not too early to look ahead to cpi and ppi. what we want to know is whether january's hot inflation numbers were a blip or a reversal of trend, and the fed wants to know that. >> powell will be asked about the inflation, obviously, and the direction ahead. he will testify on the hill, senate banking and house financial services -- not in that order, of course, on wednesday and thursday. it will be clo
we have joe terranova, steve weiss and jim laboren thaul. a lot of data, starting tomorrow you have powell on the hill on wednesday and thursday. you have a jobs report on friday. you have jolt and ecb with a decision this week. talk to me about it. >> we are in a shoulder month as far as i am concerned as far as information goes, and very little to come. obviously we have broadcom and a few others, and we are at the end of fourth quarter earning season, and we are not near third quarter...
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Mar 25, 2024
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steve weiss just bought the stock on friday, and we will get a trade update from him on that. we have other stock trades on the move as well, and we are back in two minutes. business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. the go-tos that keep us going. the places we cheer. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. see why comcast business powers more small businesses than anyone else. get started for $49.99 a month plus ask how to get up to an $800 prepaid card. don't wait- call today. ♪ ♪ >>> welcome back boeing shares are higher today you see right there, a little less than 2% that after the news that the ceo is stepping down at the end of the year you bought the stock on friday >> as a final trade. >> just trying to capture something? are you still in it? >> i am, only because i have to be because it's cnbc rules i will be getting out of it. it was apparent to me, going on the show without calhoun meant he was out, and t
steve weiss just bought the stock on friday, and we will get a trade update from him on that. we have other stock trades on the move as well, and we are back in two minutes. business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. the go-tos that keep us going. the places we cheer. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. see why comcast business...