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Transcripts For CNBC Squawk On The Street 20180117

Swing. Bank of america kind of mixed, Goldman Sachs sees a plunge in trading. The ceo blankfein may call it a challenging environment. A new hot seat of a new look at the an coventry trust risk to big tech the biggest reversal for the dow since february of 16th the blue clip saw 380 points trading range after hitting 26,000 for the First Time Ever s p 500 reaching 2800 before finishing lower. Jim, you said this time yesterday, you dont like big opens and midmorning you watched the transport starts to roll yes, it was surprising because really it was not anything happening there is nothing happening was yesterday based on unh being good it was anything that was reasonable oil going down and trades going in the wrong direction you have to base an opening on something other than gut and instinct it can turn against you. The market will come to you, there are people that want to sell there are people that want to sell right here. Theyre going to drill big and hope something underneath. The

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