. >> "closing bell" with scott wapner starts right now. >> i'm scott wapner. welcome to "closiing bell." this could be the most important earnings report of this late season nvidia, that stock surging and so much riding on these results. stacy will be with me later to walk up to the result. jim chanos will have a cnbc exclusive on the markets and one of the names he's now betting against. >>> we begin with our "talk of the tape." a tug-of-war between rates and stocks and what the outcome is going to be for your money let's ask dan greenhouse, here with me at postnine. welcome to our new show. it's great to have you it has been a tug-of-war, right? bond yields have taken a backseat to stocks until now, they pulled stocks into the sand box, ishaven't thy >> you have seen a repricing for the fed expectations you've seen a repricing on the fed side of things inflation pricing. the one-year and ten-year tenors have gone up a couple weeks. it complicates the fed's position and investors' fgs position if you think they were almost done, other parts of the market, the

see you tomorrow now to "overtime" with scott wapner >>> all right, sara, thank you very much.o "overtime. i'm scott wapner we're just getting started from post 9 at the new york stock exc exchange an earnings pa looza. our team of reporters standing at the ready you'll hear from them and see the stock moves as they happen as we always show you, we do begin with our "talk of the tape." just how offsides many investors might be in this market with

look forward to the new "closing bell" on tuesday with scott wapner and look forward to seeing you all on tuesday. but now, "overtime" with mike santoli. >> thank you, sara welcome to "overtime." i'm mike santoli you just heard the bell. and we begin with the talk of the tape a second straight down week. as fed officials talk big and hit a wall is this just a pause for the start of the year. let's ask head of u.s. equity strategy at rbc capital markets as the folks from sap kind of

i'm scott wapner you heard the bells.w york stock exchange we have another big night of earnings upon us, draft kings and doordash and applied materials. we'll see the stock moves as they happen. plus, a big-time market watcher coming right here to post 9 to argue why an even bigger pullback than what we saw today might be coming. we'll debate that call, what it might mean for your money moving forward. we do begin, though, with our "talk of the tape.

i'm scott wapner we're just getting started here at the new york stock exchange we have more earningsaking any moment from pinterest, take-two and actvision so much on the lines and of course our reporters are standing by to give us the details. i'll also speak to fundstrat head technician mark newton, now he'll tell you where he thinks they can actually go from here >>> we begin with our talk of the tape, whether it's

. >> "closing bell" with scott wapner starts right now. >> i'm scott wapner.earnings report of this late season nvidia, that stock surging and so much riding on these results. stacy will be with me later to walk up to the result. jim chanos will have a cnbc exclusive on the markets and one of the

i'm so glad scott wapner gave us a chance we are going to be back with you later on "mad money. thank you so much. >> you're very welcome >> scott >> jimmy, we appreciate it we'll look forward to you and more of jamie at 6:00 eastern time our thanks to jamie for that valuable time. as well. let's talk about it. the headline, economy good today, but as jamie said heightened uncertainty as well, consumer is good, jobs are plentiful. scary stuff, though, right there's a lot of uncertainty he talked about going to take a while to bring inflation down does that mean higher for longer, yeah that's still a chance for a soft landing as well. what do you make of it feels like what was hurricane jamie is now, okay, maybe thunderstorm jamie. >> you know, so -- >> certainly not looking for a category 5, it doesn't sound like. >> so i think the bet is to whether we have a soft landing or no landing, whatever the hell that means or a hard recession is not appropriate it's the direction that we're going. and when you take a look at the consumer, the consumer is clearly trading down they don't b

now back over to "overtime" with scott wapner >>> thank you very much, and welcome to "overtime."ner you just heard the bells we're just getting started here at the new york stock exchange we have more earnings imminent, paypal, aexpedia and lyft we of course will show you the stock moves as they happen star analyst dan ives is waiting in the wings as well to tell us whether ride sharing is a winner take most business with uber shares the best way to play it we shall see we begin with our talk of the tape, to

welcome, everybody, to "overtime," i'm scott wapner you heard the bells. nine here. we're going to get palantir earnings momentarily we'll show you the stock move. it's up 10% in a month, so there's a lot that's riding on this report today. we've also got top-rated financial advisor richard saperstein here with me today. we'll get his best bets in this market we begin with our talk of the tape all that is riding on tomorrow's cpi and what the various scenarios could mean for

i'm scott wapner the great debate in the markets right now as a restest of the october lows in the cards or not? what do we do? we take it to the investment committee. joining me josh brown, jim lebenthal, joe terranova and jenny harrington let's check the markets. searching for direction a little bit. s&p is trying to hold on to the 4,000 level. is the rally ending? will we retest the lows? we can we hang on? that's why the stock market seems to be more balanced than it was yesterday >> let's place in context the type of market we have you've done a great job talking about this, and josh really explained it well yesterday talking about the algorithmic impact there have been 65 trading days. there has only been one day in which the s&p has closed outside 3800 to 4200 we are in a period of consolidation like we have not witnessed in this market for the last 15 years. what am i against? i'm against making these grandiose calls. the market is going to make new highs above 4800 let's break out of the range first. how do you break out of the range? you get yields to stop moving higher and, be

i'm scott wapner this make or break hour begins with stocks still searching for some stability and allvidia shining bright in today's ma market does the company's solid outlook mean the tech trade has more room to run? we'll ask a top money manager that critical question today we begin with our talk of the tape why jamie dimon is not breaking out his recession playbook just yet even though he does say there is some, quote, scary stuff out there. so what that mean for where your money is headed for th

i'm scott wapner the road ahead for talks and what the cpi does to the market outlook.ink, jim laventhal and steve liesman. let's first check the markets and see where we are just past 12:00 noon the dow is down 1% that's 343

i'm scott wapner this make or break hours comes with stocks trying to hold on to gains after an up-and-down session. hereates scorecard with 60 minutes left to go in regulation volatility the name of the game again today. interest rates remaining at multi-month highs which is capping the action in stocks which are trying to rebound from the worst week of the year, and that brings us to our talk of the tape whether it's once again time to be bearish as so many are or bullish like some of the most steadfast optimists are attempting to be let's ask victoria green, g-squared private wealth chief investment officer and cnbc contributor and with me right here at post 9 welcome. good see you in person. >> thanks, scott. >> you describe yourself as a reluctant bull, though two weeks ago, not even, you said we're in the beginnings of a new bull market. >> i know, i know, and i'm so reluctant to say that we're in a bull market but you can't ignore what the technicals have done. we put in potentially a lower -- a higher high and a higher low, sorry, and when we look at the markets, we look at the tape

i'm scott wapner stocks on the retreat as inflation fears roil the markets. the investment committee, joining me for the hour brenda vingiella, jason snipe and jim lebenthal and steve weiss. let's check the markets. we're off the lows that's one of the key points we're still on pace for the worst week for the dow since september 23 big tech is down big, the nasdaq is leading the decline as you can see on your screen 1.33% the market doesn't like that today. rates go up, stocks go down. pretty simple. >> i'm trying to contain myself but it's difficult one of the most idiotic moves i've seen. today's news is not news last week you had the cpi and ppi for the month of january they showed that inflation blipped up in january. today for the month of january, which i will remind everybody was 24 days ago that it ended is once again showing it hot. three months in which it's better than expected the question before us, scott, before the fed, before any investor, is which is the true story. is january a blip or is it a new trend? if you look at commodity prices, if y

i'm scott wapner the day after those mega cap misses, is the tech trade still poised to run or reversedebate the road ahead for that sector and the markets with the investment committee joining me today jenny harrington, jason snipe, joe terranova, and steve weiss it's a bit of a different picture than it was after the jobs report came out and the dow had gone positive and it's still hanging around that line the jobs report was super strong, you have good revisions. ism services was really strong, too.

i'm scott wapner this make-or-break hour begins with stocks finishing a tough month with some criticalyour scorecard with 60 minutes to go in regulation. will this be the day the s&p closes back above 4,000? we shall see and the 10-year hasn't moved above 4% since november. yields are on the move >>> we begin with our "talk of the tape," the road ahead for the most popular stock in this

i'm scott wapner we are just getting started here at the new york stock exchange and we are moments awaym the moment of truth for disney it's earnings about to hit with so many questions swirling around the future from bob iger's strategy moving forward to how he'll deal with the proxy fight with investor nelson peltz.

i'm scott wapner what is the most important day this early year for stocks the fed decision two hours away followed by meta earnings in "overtime. here at post nine at the new york stock exchange to get you all set up for all of that joining me for the hour today joe terranova. we wait for the fed. we've been down throughout the morning today. the dow down by 300. the s&p nearly half of a percent, the nasdaq is weaker today, too, as is the russell 347. the yield on the ten-year note we'll get to all of that there is a lot to get to today first as some of you may have known, joe terranova has done a quarterly rebalance for his etf, and we mentioned the sales last evening in "overtime" of tesla and microsoft. well, there's another biggie that we did not get to yesterday but we're going to right now you sold apple >> yes >> aapl. >> apple has come out of the portfolio leading up to this rebalance. i talked on air about a lot of the technology stocks that had lost significant momentum. the momentum factor is so critical to these names, momentum is something that i'm trying to re-create. i

i'm scott wapner you heard the bells, we are just getting started from post 9 at the new york stock exchanget to our talk of the tape. incredibly important moment for these markets. earnings from amazon, alpha get and qualcomm all hitting as we speak. the biggie, apple, at the bottom of hour. new questions swirl as a supply problem turned into a demand

i'm scott wapner the day after those mega cap misses, is the tech trade still poised to run or reverse we debate the road ahead for that sector and the markets with the investment committee joining me today jenny harrington, jason snipe, joe terranova, and steve weiss it's a bit of a different picture than it was after the jobs report came out and the dow had gone positive and it's still hanging around that line the jobs report was super strong, you have good revisions. ism services was really strong, too. so, weiss, apple is now positive, right? the market's come way off its lows you're buying more of the qs today. steve weiss bought more of the qs why did you do that? >> i'm trying to guess what the lemmings are doing and be a lemming myself. >> you're just jealous you weren't in on that action, my man. don't be a hater >> no, i'm not a hater i'm a realist. and i'm an analyst >> market is going up -- >> i think the market is still going to go up look, i didn't count on this, even though i'm short bonds, i didn't count on this big move today. i get it in the jobs report, which is one

now to overtime with scott wapner >> thank you very much and welcome to overtime.d the bell and we're just getting started here at the new york stock exchange and airbnb earnings are imminent and we'll see the report just as soon as that happens and we'll of course also discuss what today's cpi report means for the recent rally in stocks and we begin though with breaking news from the white house. we go to kayla tausche in washington where i get one

see you tomorrow now into "overtime" with scott walker >> thank you very much i'm scott wapner you heard the bells. we're getting started from post 9 at the new york stock exchange we're about to get chipotle earnings, a good read on what's happening in the economy on the ground and also where food prices are heading i'm going to speak with lo toney on whether all this ai talk is just another sign of another great big bubble i

i'm scott wapner the still strong consumer and what today's surging retail report means for the rally, the fed, and hopes of a soft landing. we'll debate that with the investment committee joining me bryn talkington, jason snipe, rob sechan and josh weiss. carl said it, we're obviously off the lows the nasdaq has gone positive, 380. the yield on the ten year got that really strong retail report today. will the consumer ever roll over >> that depends on the jobs market right now the jobs market looks pretty great there's no denying there's a re-acceleration upon us in the data that puts the federal in a weird situation and will this stronger growth lead to higher inflation? can we have an environment where the economy is growing as strong as it's growing and inflation gets back to their target. that's tough to see. i think bond markets right now are waking up to that fact >> is the stock market waking up to that or is it ignoring it >> not yet completely ignoring it there's going to be pivotal times ahead. we've seen this rally off the lows and the high beta names, that's what led thes

i'm scott wapner the countdown of the biggest earnings night of the season, apple, amazon and alphabet with some other big names, too we debate what all of it means to the tech trade running again thanks to that meta blow-out super investors brad gerstner joining me and the committee joining me for the hour, brynn talkington, rob sechan, steve weiss and josh brown it's a nasdaq kind of day today. look at

i'm scott wapner from our new home at the new york stock exchange and front and center this hour thealling sharply, as you know rates are moving significantly higher the investment committee debating whether this early year rally is now over and where the reversal could take us joining me for the hour here at post 9 josh brown, stephanie link, joe terranova, shannon saccocia we are down by about 550 on the dow. the s&p

i'm scott wapner this make or break hours comes with stocks trying to hold on to gains after an up-and-downutes left to go in regulation volatility the name of the game again today. interest rates remaining at multi-month highs which is capping the action in stocks which are trying to rebound from the worst week of the year, and that brings us to our talk of the tape whether it's once again time to be bearish as so many are or bullish like some of the most steadfast optimists are attempting to be let's ask victoria green, g-sq

. >> sara, thank you very much i'm scott wapner, front and center this hour what nvidia means to thebeating earnings the stock is surging is it now the must own name in the nasdaq we will debate that and also minutes away from a very special interview today with jpmorgan's ceo jamie dimon. he always makes market headlines. do not want to miss that coming up joining me jim lavin that will, liz

i'm scott wapner front and center this hour activists in action as peltz declares victory on disney,interesting new moves from the investment committee joining me for the hour shannon, josh brown, bill, jim lebenthal, brian here on set. let's check the markets and see what we're doing, up the best levels the dow hanging on to positive territory. discretionary has been the best of the year, casinos are running hot. we have an exclusive interinview with

i'm scott wapner what is the most important day this early year for stocks the fed decision two hoursat the new york stock exchange to get you all set up for all of that joining me for the hour today joe terranova. we wait for the fed. we've been down throughout the morning today. the dow down by 300. the s&p nearly half of a percent, the nasdaq is weaker today, too, as is th

i'm scott wapner from our new home at the new york stock exchange and front and center this hour the state of stocks are falling sharply, as you know rates are moving significantly higher the investment committee debating whether this early year rally is now over and where the reversal could take us joining me for the hour here at post 9 josh brown, stephanie link, joe terranova, shannon saccocia we are down by about 550 on the dow. the s&p 500, we are -- i'll tell you what, you blink and we may be below 4,000, josh, before you know it on the s&p, certainly if we're not careful we may give that up. it seems a matter of when at this point. >> we might have gotten ahead of ourselves. oftentimes at the beginning of the year, especially after a bad year, everyone looks up and says, all right, last year was bad. it's unlikely to follow a bad year with another bad year and you see money put to work by the likes of financial intermediaries who are rebalancing, taking money from what worked, adding to what didn't work. a lot of that is systemic and a narrative starts to form people start to

i'm scott wapner front and center this hour, a little more than 30 minutes away now from fed chair jaynomic club, remarks that are sure to move markets one way or the other we're going to walk you right up to that event with the investment committee today joining me liz young, steven weiss, jenny harrington, josh brown and, of course, steve liesman is with us, too. let's show what you the markets are doing right now in this wait for powell the dow down 66.

i'm scott wapner the road ahead for talks and what the cpi does to the market outlook. we are joined in moments by jeremy siegel. also stephanie link, jim laventhal and steve liesman. let's first check the markets and see where we are just past 12:00 noon the dow is down 1% that's 343 s&p is lower as is nasdaq. basically the lows of the day for stocks bonds down, yields up. that's the 10-year 3.78 headline cpi was mostly in line, a touch hotter than expectations and that is a story we need to deal with. we will get to that and the market action but first we have josh brown with another new buy which is why we wanted to lead with that and tell you all about it first it is uber it is oracle you already owned uber but now you bought oracle but it's related to uber? >> well, there's news today that relates it to uber i used the weakness this morning. this is a stock that had been on a radar technically for a while, really forced me to look at what has been going on with the company fundamentally. i have to be honest, this has been a very boring company that i have ignored f

i'm scott wapner three big stocks we are watching today. uber beats alphabet. that it's sinking today and now all eyes on what disney delivers tonight in "overtime." we're trading all of that with the investment committee we'll talk about the markets, too. joining us for the hour, joe terr terranova, let's see what we have hawkish commentary what else is new the stock is pretty much hanging in there

i'm scott wapner it begins with stocks sliding and rates rising here is your score card with 60 minutes know the dow is pacing for its worst week since september. another hot inflation read upsetting investors today. here's how we look, yields moving higher, 3.94 on the ten-year and that takes us to our talk of the tape a bigger retreat in the cards? let's ask cnbc contributor joe terranova, and he

i'm scott wapner front and center this hour don't fight the fed or don't fight the tape which side aregest and most important debate in the market right now. the investment committee choosing their sides today joining me josh brown, jenny harrington, jim lebenthal, also with us on set today our senior economics reporter, steve liesman. we go and see where the markets are just past 12:00, noon in the east and we are lower across the board. we're off the lows but still down across the board. rates today are not lower.

i'm scott wapner it begins with stocks sliding and rates rising here is your score card with 60 minutes to go in regulation. as you know the dow is pacing for its worst week since september. another hot inflation read upsetting investors today. here's how we look, yields moving higher, 3.94 on the ten-year and that takes us to our talk of the tape a bigger retreat in the cards? let's ask cnbc contributor joe terranova, and he is here with me along with mike santoli good to have both of you here. pce, disappointed. at least it was hotter stocks moved do you -- we never expected the downtrend would be linear in its nature and to answer your question, i think it resides in tell me what the two-year and ten-year is going to do. those were the comforting indicators that allowed the market and really global risk assets to recover over the last several months right now they're being challenged by the premise that the terminal rate for the federal reserve is ultimately going to be higher than we expected but i do think you have to call into question, okay, if monetary policy that's being admini

welcome to "the halftime report," i'm scott wapner. high stakes for stocks yet again this week. the key speech from fed chair jay powell what it means for this week's rally. joining us, sarat, jay, and check the markets, 12:00 noon in the east they're all over the place in this early session here. dow is still negative by 100 s&p, two-thirds of a percent nasdaq has been weaker throughout the session small caps as well there's the ten-year note. it is down yield's up a little bit, 3.63. maybe a delayed reaction of sorts to the job report. i mentioned powell tomorrow. some are now adding another rate hike to their models is that the biggest risk event of the week, powell tomorrow, washington economic club which, by the way, we'll have on this program. >> for certain there's a little hes h hesitancy to continue the rally. and you have to factor in geopolitical tensions, whether it's the u.s. imposing that 200% tariff on russian-made aluminum. >> ba loob shootout. >> i think there's a little geopolitical hesitation for equities as it relates to chairman powell, i don't know you'll h

i'm scott wapner front and center this hour the growth trade roll over and whether that early year rally is now on its last legs we debate that with the investment committee joining me for the hour jason snipe, brenda, bryn talkington and steve weiss. another down day for the nasdaq, down four or five. it is lower again by more than 1% growth's worst week since late december brenda, i go to you first. you're out in silicon valley is that how it feels is this the roll over? is it just beginning here as we see this early year trade suddenly look a little bit in trouble? >> well, i can see the sentiment here in silicon valley feels nothing like what the stock market looks like within tech. it still seems incredibly vibrant, but i do think when we think about can this trade continue we have to really look at what's happening right now with multiples we've had a really nice move in the market i think we're going to be limited in terms of the multiple that people are willing to pay in this environment where interest rates are still rising. so we've had such a strong jobs number recently that i

welcome to "the halftime report," i'm scott wapner. high stakes for stocks yet again this week.ed chair jay powell what it means for this week's rally. joining us, sarat, jay, and check the markets, 12:00 noon in the east they're all over the place in this early session here. dow is still negative by 100 s&p, two-thirds of a percent nasdaq has been weaker throughout the

i'm scott wapner this make-or-break hour begins with stocks finishing a tough month with some critical weeks ahead for your money here is your scorecard with 60 minutes to go in regulation. will this be the day the s&p closes back above 4,000? we shall see and the 10-year hasn't moved above 4% since november. yields are on the move >>> we begin with our "talk of the tape," the road ahead for the most popular stock in this market, apple, bounced 19% off its low. can that momentum continue eric woodring is morgan stanley's apple analyst, the executive director of the firm's equity research department rarely does tv but he is today glad to have you welcome. >> thank you, scott. >> it's been a nice move obviously off the recent low what is your outlook ahead for the stock? and, you know, a new month that is on our doorstep, really, between the 52-week low and the 52-week high >> it's an interesting period to be an analyst, scott what we've seen in the market today is consumer challenges when it comes to electronics spending we're coming off two years of record growth. there is some digesti

i'm scott wapner stocks on the retreat as inflation fears roil the markets.for the hour brenda vingiella, jason snipe and jim lebenthal and steve weiss. let's check the markets. we're off the lows that's one of the key points we're still on pace for the worst week for the dow since september 23 big tech is down big, the nasdaq is leading the decline as you can se

i'm scott wapner front and center this hour don't fight the fed or don't fight the tape which side are you on? it's only the biggest and most important debate in the market right now. the investment committee choosing their sides today joining me josh brown, jenny harrington, jim lebenthal, also with us on set today our senior economics reporter, steve liesman. we go and see where the markets are just past 12:00, noon in the east and we are lower across the board. we're off the lows but still down across the board. rates today are not lower. 3.83 is where the ten-year note yield currently sits so we're going to watch that we're going to get into all of the market stuff, ppi and everything else. we do have new moves from the committee today that i want to tell you about first josh brown, who has been active lately, pretty active. you bought docusign. i want you to tell our viewers why you bought docusign. >> good question no, look, this is for me a situation where i've never owned the stock. i watched it run to 300 and then i watched it fall to, i don't know, 40 something now it's back

i'm scott wapner front and center this hour activists in action as peltz declares victory on disney, salesforce and we'll get to all of that. interesting new moves from the investment committee joining me for the hour shannon, josh brown, bill, jim lebenthal, brian here on set. let's check the markets and see what we're doing, up the best levels the dow hanging on to positive territory. discretionary has been the best of the year, casinos are running hot. we have an exclusive interinview with wynn's ceo. it's a discretionary kind of day and we'll get to disney and all things there i do want to begin with one of our own. josh brown with a new move, a new stock, which is toast, tost, which josh brown just bought why? >> i took a very small position. i anticipate adding to it. they have earnings coming up february 16th. the last two times they reported earnings, the stock went down a lot. so nobody should think that this is my only price that i'll be buying it at, and i would not recommend anyone following me in here as a trade. this is an investment for me basically the story of toast

i'm scott wapner three big stocks we are watching today. uber beats alphabet. look at that it's sinking today and now all eyes on what disney delivers tonight in "overtime." we're trading all of that with the investment committee we'll talk about the markets, too. joining us for the hour, joe terr terranova, let's see what we have hawkish commentary what else is new the stock is pretty much hanging in there the nasdaq is down a good bunch today almost 1.5% and a lot of that has to do with com services getting hammered alphabet we told you about is down a lot we do want to talk about uber first, though. it did post the big beat you might remember yesterday josh brown, who was here, said it was his highest conviction holding. josh joins us now to react to the quarter. i'll tell you what, you gave the viewers the reason why you like it so much, and i suppose they lived up to the hype >> i thought it was a really great report, and i enjoyed andrew ross sorkin's interview this morning i think the big takeaway here is be very careful about creating buckets and catego

i'm scott wapner the final day of a down month for stocks and now big questions about what march might bring we'll debate and discuss with the investment committee joining me for the hour today josh brown, stephanie link, jim lebenthal, kerry firestone the final day of what has been a down month and we're mixed now the dow down 170 there's the s&p down a couple points and the nasdaq has been all around today, good for about 16 1/3 josh, we're in this month, i feel we have big questions now as we enter march, whether it be march madness for stocks or not. how do you see things after quite an interesting couple of months to start this year? >> i think the story with february is just a repudiation of january, and january was a repudiation of december. so we're kind inform this situation where when the inflation data shocks to the upside, the dollar rips. stocks go down even gold went down this month and we don't know what march's data will look like. i would just tell you that is almost single-handedly going to be what's responsible for whatever we see in the s&p it's just what the market

i'm scott wapner the countdown of the biggest earnings night of the season, apple, amazon and alphabet all reporting along with some other big names, too we debate what all of it means to the tech trade running again thanks to that meta blow-out super investors brad gerstner joining me and the committee joining me for the hour, brynn talkington, rob sechan, steve weiss and josh brown it's a nasdaq kind of day today. look at that more all big caps are up in anticipation of what may come. the dow has given back 163 the yield on the ten-year note, we're going to get to everything i do want to bring in our "halftime" headliner, an investor who went public months ago with his growing frustrations over meta spending and its focus. brad gerstner is the founder and ceo of altimeter have times changed i guess they listened to you >> it's great to be here, scott. far from listening to me, as you remember, i said at the time this wasn't just a message to meta or to facebook or to mark but a megsssage to all of us out of the zero rate world where we hired excessively, this age of excess i have to

i'm scott wapner the final day of a down month for stocks and now big questions about what march might debate and discuss with the investment committee joining me for the hour today josh brown, stephanie link, jim lebenthal, kerry firestone the final day of what has been a down month and we're mixed now the dow down 170 there's the s&p down a couple

i'm scott wapner the great debate in the markets right now as a restest of the october lows in the cardsit to the investment committee. joining me josh brown, jim lebenthal, joe terranova and jenny harrington let's check the markets. searching for direction a little bit. s&p is trying to hold on to the 4,000 level. is the rally ending? will we retest the

i'm scott wapner front and center this hour the growth trade roll over and whether that early year rallydebate that with the investment committee joining me for the hour jason snipe, brenda, bryn talkington and steve weiss. another down day for the nasdaq, down four or five. it is lower again by more than 1% growth's worst week since late december brenda, i go to you

i am frank holland in for the judge, scott wapner. front and center, the state of stocks the mixed economic data raises the possibility of more rate hikes ahead in the next test for the markets coming up next week. joining me all-star panel shannon saccocia, michael farr, jason snipe and steve weiss. let's start with the moment of truth for the consumer we'll hear from big retailers next week. the results, guidance and much more jason, the retail report was strong on wednesday but now the possibility of the fed staying engaged for longer maybe, just maybe, 50 basis point hike at the next meeting you own target and home depot. what are your expectations >> yes, i would say this, frank, obviously we've seen the consumer's resiliency over the last year change with the fed that's been very much engaged, with a retail report that was almost blow-out numbers, almost twice what consensus believed it would be and ppi numbers up 0.7%. cpi number that was relatively muted. it wasn't hot but it wasn't real deceleration, still up 0.5 for me as i