shares down more than 70% this year after quadrupling last year so, matt maley, can peloton get backshape or do we just avoid it because it is either going to stop going down or start going up >> you know, it is one of those things where a lot of people tried to catch the falling apple the last couple of months and it hasn't worked. it has been more than dead money. it continues to go down as you say. it is just at some point you have to say, hey, i'm not going to try to catch the exact bottom i don't mind missing the first 10% or 5% to 10% move in the stock. i will get it after i'm sure it is going to move back up i think that will be very important for this one i mean it is funny because just three weeks ago we did have signs of cap i.t. lags the stock was down a lot it was really oversold on its weekly relative strength index chart, the isr chart volume picked up significantly in the last three weeks. again, it is a sign of a washout in the stock yet the stock keeps going down what i'm looking for now, actually the last two weeks the high, the intra week high was $43. if we can ge

richard kipling and that will make you a man, my friend something to that extent jay petrocelli, matt maleythank you for the skugs today. >>> still ahead, as okay kromm surges woo look at the stock's best position to benefit from a surge in test in this name is up over 25% this week we will reveal it next >>> plus, did senator manchin deal the fatal blow to the president's build back better plan we will look at if there's still a way forward. >>> as we head to the break, most names in the red right now. proctor & gamble is one of the names in the green walmart just in that territory now as well. caterpillar, goldman, those are your big decliners today we're back in a moment >>> this is "the exchange" on cnbc complicated. as your broker, i've solved it. that's great, carl. but we need something better. that's easily adjustable has no penalties or advisory fee. and we can monitor to see that we're on track. like schwab intelligent income. schwab! introducing schwab intelligent income. a simple, modern way to pay yourself from your portfolio. oh, that's cool... i mean, we don't have that. schw

still with us is matt maley.ks have done in 2021. why are you worried about them in 2022? matt: a little over a year ago in september or october of 2020, interest rates were higher in the yield curve which steepen. i have become more neutral now permit in the longer-term, i still like it. when the fed strikes, the yield curve starts to initially flatten. that is what we see. if it continues to flatten, that will hurt the net interest margins. we know they loan out money at the long rate and pay out money at the shorter rate and the wider desperate, the more money they make. so if the yield curve flattens, that will have an impact on their returns. . again, a little more cautious than i was. i don't want to sound like i am really bearish. eventually, the rates will move up. i will not be chasing the banks here, buying them on the weakness. romaine: in conversation right now with matt maley. p is sticking with us as we count you down to the close. he will be back with us after the closing bell we are going to get i