shah ghailani with us. big tech on a tear. unt for 28% of the value of all 500 of the stocks in the s&p. now, it occurs to me, shah, that the these companies had better not disappoint if when they report their earnings next week. what are you expecting? >> i think some of them will outshine all expectations, and there'll be a couple, maybe, that will disappoint somewhat. but i don't think it matters anymore because at this point i don't think there are 7 now that we've broadened out a little bit. and and i wouldn't put tesla in that group anymore. they've had a little bit of a hard time. got earnings today, we'll see what happens. but the big cap, mega cap stocks continue to do well and will continue to do it because those are the companies whose earnings for the most part are going to be stellar throughout all 2024. we're going to see at 2023 q4 what they did, but 2024 i think they're going to continue to shine. that's why the market is bullish right now, because it's got a leadership group that's going to continue to lead. st

stuart: a few of my relatives are very happy about you, shah ghailani.. all right. we're at 3 seconds, 2 secondses, 1 second, there you are, boom, it's 9:30. the stock market is open. dow futures -- i'm sorry, not futures, the dow has opened with a gain of 55, 56 points. there's more winners than losers among the dow 30, so the cow's up from the opening bell. what's that? if yes, 38 if,5544. new all-time high. intraday, of course. but there you have it, not bad, 38,5. the s&p 500 also on the upside -- no, i'm sorry, it's down 26. that's about a half percentage point lower. and the nasdaq, well, there's the big loss. that's because of alphabet and the other big techs which are down this morning. got it. big tech on your screen, microsoft if has now gone higher. you've gone to $409 a share right after the opening bell. when the news came out yesterday morning, i'm sorry, yesterday afternoon, microsoft was down 10 points. lauren: it was a good report pro. stuart: it was a good report are. lauren: my grandfather used to wear a t-shirt that said i'm not perfe

shah ghailani's with us. shah, big tech did well in january last year.ry this year it's done okay with the exception of apple and tesla. now, you're a dip buyer. are you buying the dip in tesla or apple? >> no, or stuart, i'm not. as far as tesla goes, i think the bloom is off that rose, and it has been for a little while. all of 2023 they cut prices several times, they're trying to sell used vehicles, and that's impacting the price of new sales as a those vehicles' prices fall. i think it was hertz just decided they were going to be done with their evs, and that meant a big loss for tesla are. i think that the first mover advantage is over, and tesla is probably headed for some trouble. and apple, i think, has got its own problems including what's going on in china where they're losing market share as far as their senator phones go. -- smartphones go. stuart: which of the big tech stocks do you like and would buy now? >> i like the rest of the, say, magnificent five on dips. microsoft, 1000%. google, 100%. nvidia, of course, 100%. already having a stell

shah ghailani's with us.d when you come on the show, you often buy a dip in a major league stock, a big magnificent 7 stock. but today i know you brought two small cap stocks that you're very interested in. ing first of all, p if angea -- pang can ea. what is it and why do you like it so much? >> stuart, pangaea logistics solution is a small cap sea borne drive bulk lo gist ecs provider doing very well. it's got a 5.13% dividend yield on it. it's profitable. i hike the space it's in, i like the small caps. we bought that back many november. we're already nicely up in that. i think there's a lot of room to the upside. that's a great new position for us, very keen on that. stuart: okay. then you've got applied digital. i don't know what they do. tell me. >> applied digital corp. is, blend -- again, another small cap we bought back in november, done exceptionally well with that. it's a small data center company that provides a.i. shroud collusions -- cloud solutions, i think it could turn profit if bl. we certai

let's bring in scott martin and shah ghailani. happy new year to both of you. , let's start with you. you still see tech leading the market this year but what are your thoughts on the downgrade of apple? they cite weak iphone demand for the 15. that sets up problems for the 16 launch. >> i was wrong on apple. we're long apple but moving our stops up but as far as adding to the position last year. it didn't do anything with it. i was happy to see it go up. i thought we would see downgrades a lot sooner t doesn't surprise me. i think apple can probably drift down word from here. i think apple will not dos with as far as sales until they incorporate chatgpt and whatever a.i. they can throughout the ecosystem threw all apple products especially the smartphones. that is what investors are waiting for. until we see something like that, i think the next refresh cycle will be underwhelming. cheryl: scott, "the magnificent seven" is all the talk right now. the question will we get the same returns this year from this group of stocks? maybe not as hot as tech is maybe a p

let's by in man ward press chief strategist, shah ghailani. let's look at the bond yields.esterday the qra announcement at 2:00, came in a little less than previous estimates. the stock market goes crazy! today on the jolts number and the confidence number we got a little bit of a bounce-back in the bonds. my question for you, what level, where do we need to see the 10-year bond yield that you're comfortable, we all should be comfortable with this market rallying higher? >> right here is fine. i think the 10-year, charles, could probably go to 4.15, even 4.25. i think the equity investors would probably take pause for a little bit and realize we can handle that kind of a rate level. i don't think that is the problem. the problem right now in front of us is the 10 1/2 trillion dollar market cap of stocks that are reporting this week, 24% of the s&p weighting stocks are reporting. i think that is what markets are looking for. the bond investors has it right. the treasury has been helping them in terms of lower projections of higher inflows in terms of taxes and capital-gains

shah ghailani. this is a dip. are you buying it? >> not, we're not done yet.can go a little bit lower, but, absolutely, i'm in buy the dip mode. s this is, to me, just a bit of overbought territory here as far as -- everything, bonds have been overbought, stocks have been overbought, a.i. hype has been overbought. there's a lot of overbought situations here. it's not unusual for the markets to take a breath. we can't go up all the time. i think we are in positive bull mode. i think buy the dips is found to be the theme for 2024. and not unlike 2023, i think we'll probably end up having a solid january. so i think as one of the old wall street adages is as january goes, so goes the market. that was certainly true last year. and each though we had -- even though we had a lot of bumps, i'm not saying we're not going to have bumps in 2024, stuart, but i think at the end of the year we're going to have another spectacular year. stuart: whoa, whoa, wait a minute, a spectacular year. now, that tells me 15, 20% up across the board? >> yeah. stuart: would that be spect