i'll send it now into "overtime" with scott wapner. scott. >>> welcome into "overtime." i'm scott wapner you just heard the bells we're just getting started in just a little bit i'llbe joined by tom lee. a new month beginning for your money, it's gotten off to a volatile start an interesting turn in the close today. does it mean more pain is ahead or are stocks near a bottom? >>> we begin with our talk of the tape a big call by someone who's gotten this repeatedly right eric johnston who now says h

coming up in "overtime" scott wapner will be talking to scott minerd the stock story of the day, target reporting first quarter earnings that sharply missed wall street estimates. profits were hit by supply chain, higher fuel costs, lower than expected homes of discretionary items. the same thing we saw yesterday from walmart trading at lows now we haven't seen since november of 2020. target was just down graded to a hold why were you and the market shocked from what we got from target and walmart >> i think we were all caught a bit off guard by target's really rapid and sudden shift in outlook. it was just about two months ago they had their investor day on march 1st and everything was relatively okay then and fast forward two months later and we're talking about big inventory, discretionary spending, higher supply chain costs. how fast things have turned the past two months or so. target specifically looks like a lot of pressures experienced this quarter will flow into q2 even the back half of the year that's why we down graded from a hold to a buy. >> it's given back almost 30%. is t

i'm scott wapner in for sara eisen. let's see where we stand with one hour to go in this trading week you can see we've had a nice day and we are holding on to those gains. there are a lot of superlatives you could say. the dow is holding on above 33,000 it's been an obviously strong week for stocks, but if you really put into focus the fact of where we came from, the intraday lows last friday, the dow is up 7.5, almost 8% so that's the market picture right now. technology, real estate, consumer discretionary are leading the gains today. all 11 sectors are in the green. tech is having a huge week coming up, investor eric jackson gives us his outlook for that sector and the three stocks he thinks have never been cheaper stocks seeing a lot of boost today following new government data that shows the pace of inflation slowed in april. the nasdaq up 2.5%. a new note from citi says it is time to get defensive on u.s. equities let's bring in jason pride and barry knapp. guys, it's great to see you. barry, to you first. are we

i'm scott wapner you just heard the bells we are just getting started. minutes we'll look at pimco's new playbook from erin browne, can't wait for that. >>> first we begin with our talk of the tape. less than 24 hours before the fed decision on interest rates a decision that comes just as in some are suggesting the market could be ready to rip higher, yet others, including some big names, are urging caution. let's find out where gregory branch

we'll send it now to scott wapner in "overtime. >>> all right, melissa, thank you very much.ime. i'm scott wapner we're just getting started in just a few minutes we'll get zoom's latest earnings report, a real-time temperature check on once high-flying tech stocks we'll have the color and instant reaction and everything you need to know about that we do begin with our talk of the tape the bounce, whether it can last for more than a day or two, that's what it's come to all we're asking for is a day or two. let's ask liz young. it's good to see you 'rsh

to "overtime" now with scott wapner >>> welcome to "overtime." i'm scott wapner you heard the bell we are just getting started. we go right to our talk of the tape today, a historic fed decision what it means to your money and stocks which jumped and jumped big time on a very specific comment from the fed chair. so is a broader rally really ready to happen? the biggest question of all, can the fed actually pull off its most delicate balancing act in decades? let's ask doubleline capital ceo jeffrey gundlach with me live in a cnbc exclusive interview welcome back, jeffrey. it's goo

discussed then thursday we see the market reacts very, very differently and today in the last hour, scott wapner talks to mr. tepper and he said, boy, that was a blunder taking 75 basis points off the table. they are boxed in now. they have got a credibility problem. and that's why the market is stumbling the way it is. so what do you think of what tepper said, number one? and number two, how do we go from euphoria on wednesday over the idea that the fed is taking this number off the table to despair on thursday and friday about it >> yeah, well, geez, you got couple hours there is a lot in what just asked me let's start with whether or not the fed is boxed in. powell made a mistake. he shouldn't have said it. it's easy to walk that back. we saw it coming today some of the fed governors out there said listen, i would be up for a 75 basis point so, yeah, it was a mistake i don't think it was disastrous. i think there are other things going on on wednesday we were on the desk, we talked about why was there a rally? the rally in my view only made sense if you thought about it this way if you were s

steve, are you more positive here >> well, first of all, scott, i think i called you mr. wapner, not wapner number one >> thank you >> i didn't want jim's tears of joy to come through and ruin my finely tailored sport coat, so i'm wearing just a shirt i wouldn't say my view changed the next few months. what i would say, i was looking at a number of things. been at a few krconferences with family offices everybody was negative they sounded frankly like me and why i refer to them, they have the freedom of choice unlike people that come on the show, they're biased long. nothing wrong with that, but i like people that can decide one way or another we collectively talked maybe it is time to trade it a bit. what confirmed it for me is when nvidia which missed guidance and snowflake that came in with zero margins, when those turned, the premarket as bonds continued to trade, yields continued to trade lower, finally equity went the right direction. thought it was the good time to put exposure as you notice, most exposure came in the form of etfs and indexes, i can get in and out of them

. >>> welcome to the halftime report i am melissa lee in for scott wapner a wild month coming to a closestart of something meaningful, we debate that and opportunities in the market now the investment committee, stephanie lange, josh brown, joe tear a tear the nasdaq eeking out a gain at 15 and the ten year note highe

. >>> welcome to the halftime report i am melissa lee in for scott wapner a wild month coming to a close a bear market rally or start of something meaningful, we debate that and opportunities in the market now the investment committee, stephanie lange, josh brown, joe tear a tear the nasdaq eeking out a gain at 15 and the ten year note higher in today's session 2.85%. we broke a big, long losing streak bag, scary losing streak last week stephanie link, do we feel better today you had barbeque, enjoy the weather outside, play with the kids how you feeling? >> beautiful weather but not a beautiful market, right? i don't think a lot has changed in terms of the market being choppy in trading range for this year we have been talking about this since january. there were a lot of people that were excited about the core pce being less bad but it is quite high peaking inflation narrative is a bit optimistic frankly inflation is just about everywhere look at energy prices today. they're spiking again. the eu had record cpi at 8.1%. a record home prices up 21.2% 17 out of 20 states that were survey

i'm scott wapner front and center the stateof the tech trade nvidia earnings looming large.e much troubled tech sector with the investment committee. joining me for the hour, carrie firestone, joe terranova and pete najarian. i'll show you the markets, 12:00 noon in the east trying to build some gains together the dow is higher by about 40 or so s&p 15 1/2, we'll call it 3957 but watching that

i'm scott wapner in for sara eisen.e we stand with one hour to go in this trading week you can see we've had a nice day and we are holding on to those gains. there are a lot of superlatives you could say. the dow is holding on above 33,000 it's been an obviously strong week for stocks, but if you really put into focus the fact of where we came from, the intraday lows last friday, the dow is up 7.5, almost 8% so that's the market picture right now. technology, real estate, consumer discretionary are leading the gains today. all 11 sectors are in the green. tech is having a huge week coming

i'm scott wapner you heard the bells.started right here at post 9 right to our talk of the tape today. the moment of truth for a once high flying tech stock including my headliner today watched it get cut nearly in half is it poised for a rebound and what is riding on those results for a nasdaq that's down 30% from its highs josh

. >>> welcome to the halftime report scott wapner a big bounce for stocks.it getting closer maybe it started we have our hands on an influential research note that says stocks can rally from here. we'll let you know the call and will debate with the investment committee. shannon, rob, pete najarian, and with me on the set, brynn talkington and steve

i am scott wapner, front and center the market moment of truth historic fed decision is two hours awaymoney hanging on every word jay powell says. the investment committee on what stocks need to stage a rally let's show you the markets 12 noon in the east. red across the board as we build up to the big moment at 2:00 the dow down by 15, trying to figure out where it wants to go. it is wait and see mode. nasdaq selling off a bit, 297 is the yield on ten year. liz young, big

i'm scott wapner the bear bouncing, just crushed the rally in its tracks.he investment committee and joining me for the hour, britain talking ton, steve weiss and joe terranova. i'll show you what the markets are doing, pretty much at session lows dow down 800 s&p 500 near 3%. nasdaq is worse than that. 3 1/3% that's a 400-point loss. russell under big pressure, bond yields on the rise, ten-year quote yield,

weekend, everybody let's get to the judge >>> carl, thanks so much welcome to halftime report scott wapner stocks on pace for the longest weekly losing streak since 1923. when will the selling stop are we almost there? is it time to buy some of the most beaten up names we'll discuss and debate that with the investment committee. joining me, stephanie link, jason snipe, kevin o'leary, whitney wright show you the markets first and foremost 12 noon in the east. dow is down 225, s&p is negative, told you about losing streaks, longest for way back since '23. i really wanted to focus in on tech starting to hear from some people now is the time to buy some names spoke talks about how oversold nasdaq is. even when it does, it evaporates before it gets something going. >> headwinds seem insurmountable on a day to day bay is one of the things challenging if you have been in the space, you look at overconcentration in technology that you have, you weigh that there are good deals here, but you might not necessarily be able to increase positions from where you stand today. the other thing that's happen

. >>> welcome to the halftime report scott wapner a big bounce for stocks. is it getting closer maybe it started we have our hands on an influential research note that says stocks can rally from here. we'll let you know the call and will debate with the investment committee. shannon, rob, pete najarian, and with me on the set, brynn talkington and steve weiss better than 400 points, same for the dow. able to get 32 back there. almost 1.5%. s&p 500, back above 4,000. 2.90 the yield on the ten year note brynn, we have been oversold way oversold s&p got to 20% down from 52-week high we were right there yesterday. is this the start of something people have been looking for, a bounce and a meaningful one? >> we're definitely having one today. end of the day will tell if it sticks i think we saw early this week the nasdaq got to only 6% of stocks above the 200 day moving average. that's the most oversold since 2020 nasdaq has been very oversold. today is about small cap growth names. we have seen names 10, 15, 20% when stocks go down 60 to 70%, those moves on a da

. >>> carl, thanks so much welcome to the halftime report scott wapner front and center, bottom hunting of selling is behind us and it is okay to buy again. we debate with the investment committee and what are ton professor injury knee siegel with me, carrie firestone, deeg as wright, pete najarian check the markets. the nasradaq in the red inflation fell from april, still hotter than expected i get a feeling the market is trying to wrap its arms around th

let's get to the judge >>> welcome to the halftime report scott wapner front and center, streaking stocksing, how much more can stocks rally we discuss and debate with the investment committee rich saperstein, steve weiss, jon najarian, and jim lebenthal. check the markets. stocks on track to break the longest losing streak in decades. as carl said in the last hour, stocks positive for may or the do

let's get to the judge >>> carl, thanks so much welcome to the halftime report scott wapner gone in a snap stock plunging as you know by now. does it mean long awaited rally is doomed? we will discuss and debate with the investment committee joining me, stephanie link, pete najarian, josh brown, check the markets as we always do. s&p down one and two-thirds percent. see if we can hold that 3900 level. nasdaq is getting hit hard today as you might imagine, given what snap had to say, the fact that stock is down 40%. 273. yield on the ten year. i go back to what mike santoli told me in overtime in his last word about dÉjÀ vu. last time we had a bear bounce and it evaporated before you could enjoy it looks like we're doing that again. >> this has been an ongoing feature of 2022. it is relentless seems to happen every week we continue to say how many times are you going to pump quarters into the same slot machine before you figure out it ain't going to pay you how many times you run at the football and have lucy pull it at the last moment until you realize i am not being rewarded for this

. >>> carl, thanks so much welcome to the halftime report scott wapner front and center, bottom hunting, whether the worst of selling is behind us and it is okay to buy again. we debate with the investment committee and what are ton professor injury knee siegel with me, carrie firestone, deeg as wright, pete najarian check the markets. the nasradaq in the red inflation fell from april, still hotter than expected i get a feeling the market is trying to wrap its arms around the idea of peak inflation, but somewhat unconvincingly. >> look at the relax, first hour of trade, had a 500 point range within the dow itself. 200 plus point range within the nasdaq we were talking about really, really interesting movement, not all one direction, not like they started low and went high, they have been all over the place the markets so far and the volatility index, leaking down a bit as we have been in this now a little bit of a rage now the volatility still around 30, but off where it was i think you need to take note to one other thing, scott we talk about volatility how about the volatility of the

let's get to the judge >>> carl, thanks so much welcome to the halftime report scott wapner gone in anow by now. does it mean long awaited rally is doomed? we will discuss and debate with the investment committee joining me, stephanie link, pete najarian, josh brown, check the markets as we always do. s&p down one andwo

. >> welcome to the halftime report, i'm melissa lee in for scott wapner another big acceselloff on theor the tech wreck, we'll debate that and the best strategies to protect your portfolio from the market turmoil our investment committee, courtney gibson, steve weesz and joe terranova, let's get a check on the markets major averages extending their losses, the nasdaq dipping below 12,000 and deep in bear market territory. we're now down more than 3% on the nasdaq s&p 500 actually flirted with the 4,000 level earlier in the s session.

i am scott wapner, front and center the market moment of truth historic fed decision is two hours away, your money hanging on every word jay powell says. the investment committee on what stocks need to stage a rally let's show you the markets 12 noon in the east. red across the board as we build up to the big moment at 2:00 the dow down by 15, trying to figure out where it wants to go. it is wait and see mode. nasdaq selling off a bit, 297 is the yield on ten year. liz young, biggest rate hike in two decades. steve liesman says a fast and furious cycle is expected. has the market priced in enough of the fed >> the market is saying the investment is killing us it will be worse than the actual event. but we're in the thick of it for may, june, july. this is when we expect 50 basis points, another 50 or 75, and another 50 after that. the market has to decide if it is enough and if it is working we probably get that 50 bits today, two more cpi readings before the june 16th meeting we might be able to confirm a peak inflation before we have to do the next hike if that happens and the fed re

i'm scott wapner you just heard the bells and we here at post 9 are just getting started on this busyy. in just a few minutes i'll speak to mike wilson and nancy davis on where the markets go from here and how much more volatile things could really get. we all wanti the answer to the same key questions, does it get worse in the days and weeks ahead or have stocks come down enough to stage a powerful rally? it's a hot debate. we will have that right here on this program today we do begin with breakin

weekend, everybody let's get to the judge >>> carl, thanks so much welcome to halftime report scott wapnereak since 1923. when will the selling stop are we almost there? is it time to buy some of the most beaten up names we'll discuss and debate that with the investment committee. joining me, stephanie link, jason snipe, kevin o'leary, whitney wright show you the markets first and foremost 12 noon in the east. dow is dow

i'll send it into "overtime with scott wapner >> thank you so much welcome into "overtime we're getting with pimco's erin brown. but we begin with our talk of the tape this hunt for a bottom whether investors should be more or less confident that one is actually getting close. did today's action provide any signals whatsoever let's ask avery cheffield, senior portfolio manager back with us. it is nice to see you again. >> you too, scott. >> things changing are we answering any questions, are we c

. >> all right, thanks so much welcome to the halftime report, i'm scott wapner, front and center thisyour money whether stocks are in for better days as the fed looms and investors brace for volatility joining me for the hour today, joe cher nova, jim laichb that will, pete najarian, let's show you what the markets are doing now. 12 noon in the east. it's a mixed picture we kind of have been all the over the place, there's the dow down by 51 or so, nasdaq is up by 48. we've put new intraday lows in at least for the year for the

highlight that, up 3.8% ahead of marvel technology's earnings let's send it over to scott wapner in thel, thanks so much welcome, everybody, to "overtime. you just heard the bells we're just getting started right here any minute now we will get earnings from costco, what is now a critical read on the state of the consumer and how much inflation is eating into retail profits. we begin with our talk of the tape the nasdaq surges and some say the signs of a near-term bottom might be in place. let's ask stephanie link she's been cutting back her exposure to growth lately. she is hightower's chief investment strategist, a member of the halftime investment committee as well. steph, i'm

i'm scott wapner we are just getting started here at post 9.eak to marc lasry on where the best opportunities are in these highly unsettled w d markets. we'll also do some whale w5 watching today we begin with our talk of the tape the bear bounce and whether a significant one is coming and if so how long it might last. we'll

i'm scott wapner front and center the stateof the tech trade nvidia earnings looming large. we'll discuss what is at stake for the much troubled tech sector with the investment committee. joining me for the hour, carrie firestone, joe terranova and pete najarian. i'll show you the markets, 12:00 noon in the east trying to build some gains together the dow is higher by about 40 or so s&p 15 1/2, we'll call it 3957 but watching that 3900 level for obvious reasons. let's see if we can work back towards 4000 as well there's the nasdaq really the place to watch every single day, considering the fact how much it has been down. 2.75 is the 10-year note all right, pete, so the nasdaq, we'll call it down 30% from its highs. while you were rewarded on the way up by the generals, the biggest players in the space, the apples, the nvidias, all of those other stocks, the microsofts, the metas, the teslas, the netflix and the amazons, they're responsible for nearly 60%, excuse me, of the year-to-date loss in the nasdaq 100 and you've had enough. why do i say that? because we do have a news

i'm scott wapner we're just getting started right here at post 9 at the new york stock exchange in justto legendary investor lee cooperman on the state of stocks and whether a bottom is in fact getting closer we begin with our talk of the tape and it is all about these markets and the search for something, anything positive to build on do we do it today? we did go down a lot let's ask brian belski he does have the highest s&p target on wall street. he's here with me on set

i'm scott wapner you just heard the bells we're just getting started here at post 9 at the new york stock to the man who says the market can't stabilize until a certain stock does nuveen's chief investment officer will be here with what they were telling clients. volatility continues to dominate the markets. we do begin with the talk of the tape another turn lower the start of a comeback at the end. what all of it means for where your money might go from here. let's ask step

. >> all right, thanks so much welcome to the halftime report, i'm scott wapner, front and center this hour, a new and busy month for your money whether stocks are in for better days as the fed looms and investors brace for volatility joining me for the hour today, joe cher nova, jim laichb that will, pete najarian, let's show you what the markets are doing now. 12 noon in the east. it's a mixed picture we kind of have been all the over the place, there's the dow down by 51 or so, nasdaq is up by 48. we've put new intraday lows in at least for the year for the s&p, the nasdaq 100, and the russell 2000 and the vix has been rising throughout the morning pete, that's where i really wanted to start today by zeroing in on the vix, which was at or slightly above 35. it may have dropped down just a touch since i last saw that in the last hour or so. but what's your read here as we enter a new month after a terrible one >> yeah, terrible month is right. i mean, all the way across the board in april it just seemed to be awful, but as we get into this new month, the volatility is still here to y

. >> welcome to the halftime report, i'm melissa lee in for scott wapner another big acceselloff on the street how much more pain is ahead for the tech wreck, we'll debate that and the best strategies to protect your portfolio from the market turmoil our investment committee, courtney gibson, steve weesz and joe terranova, let's get a check on the markets major averages extending their losses, the nasdaq dipping below 12,000 and deep in bear market territory. we're now down more than 3% on the nasdaq s&p 500 actually flirted with the 4,000 level earlier in the s session. we're now down 3.25% yields hitting its highest level since november 2018, the ten-year sitting at 3.085% and i guess the question is how much has been priced in, whether it be stronger dollar, whether it be economic slowdown, whether it be a fed rate hike tightening cycle. joe terranova, what do you think? >> yeah, it's interesting. all of the things that you mentioned, the fundamental contributions to the macro environment, i'm not sure how you get any degree of clarity as we move forward here over the comiing days, t

i'm scott wapner the bear bouncing, just crushed the rally in its tracks. we'll discuss that, of course. with the investment committee and joining me for the hour, britain talking ton, steve weiss and joe terranova. i'll show you what the markets are doing, pretty much at session lows dow down 800 s&p 500 near 3%. nasdaq is worse than that. 3 1/3% that's a 400-point loss. russell under big pressure, bond yields on the rise, ten-year quote yield, 2.92. almost wiped out the gains from the thursday low and the obvious question, joe, becomes is the bear bounce over and your actions would suggest that you think it is and to refresh people's memory, yesterday you sold nvidia. yesterday you sold walmart you had sold chipotle on monday and then today i learn that you've sold lululemon. talk to us. >> i sat with you -- had the pleasure to sit with you yesterday at the stock exchange and you asked me about target and the potential impact for target i said they better not miss otherwise we have a problem. well, we have a problem now. i thought that we would be able to

i'm scott wapner we're right here getting started.astasia amoroso on whether this rally has some legs we do begin with our talk of the tape and it is the trustworthiness of this market move it sure feels good after all of the pain that we've endured but can you believe it it's the key question. we ask it of joe terranova of course the halftime investment committee a

now into "overtime" with scott wapner >>> welcome to "overtime."ood to have everybody with us you just heard the bells, we are just getting started in just a little bit i'll speak with dan ives on when the pain at apple and tesla is likely to subside. we do begin with our talk of the tape the body blow this market keeps taking and when it might end maybe it got off the mat a little bit today let's ask "mad money's" jim cramer it's always good to have you i feel like the market did a little rope-a-dope at the ending here. >> it felt lik

the podcast, you watch it live the halftime report starts now >>> welcome to the halftime report scott wapner the great give back. stocks plunging, yields are couraging. the investment committee is with me with steve liesman. the gang is here josh brown, carrie firestone, pete najarian. we can show you where the market is now it is ugly 1161 that's the decline in the dow. almost 3.5%. s&p down by 4% bond yields are screaming higher 308 the yield on ten year note was 310. that's where the story lies now, the move in yields and dump back in stocks. >> i think that's accurate you're in a situation now where investors are looking at portfolios, looking at what's been working and what's not. and the only thing working this year is cash even short term bonds have been very treacherous you are seeing people basically throw in the towel i think a back to back situation like what we had, yesterday i was on overtime with you, the question was will there be follow through i said only if big tech decides to show up and follow through. there's no hope for anything else if that doesn't happen. today, big t

the podcast, you watch it live the halftime report starts now >>> welcome to the halftime report scott wapner plunging, yields are couraging. the investment committee is with me with steve liesman. the gang is here josh brown, carrie firestone, pete najarian. we can show you where the market is now it is ugly 1161 that's the decline in the dow. almost 3.5%. s&p down by

i'm scott wapner with jim cramer let's take a look at futures because it looks like we are going to openigher this morning. s&p would open higher by about 63 the dow more than 400-point gain and the nasdaq about 250 points. our road map this morning starts with a really good consumer checkup. walmart with a big earnings miss while home depot boosts its outlook. musk's bot battle, throwing the fate of his deal in doubt over possible fake accounts and shares of city popping, warren buffett revealing a $3 billion stake in that bank we do begin with the markets along with today's results from home depot and walmart we really need to start, jim, with walmart it's good to be with you you're a fire-breathing dragon this morning on "squawk box" about walmart. i haven't seen you this upset about earnings particularly around walmart this is the second biggest gap down on earnings -- >> you got to execute. the problems that are affecting walmart are affecting everybody but walmart seems to have not been able to handle it you could argue, look, they don't have the managerial talent that's needed. th

i'm scott wapner with jim cramer let's take a look at futures because it looks like we are going to openn 400-point gain and the nasdaq about 250 points. our road map this morning starts with a really good consumer checkup. walmart with a big earnings miss while home depot boosts its outlook. musk's bot battle, thr