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Transcripts For CNBC Closing Bell With Maria Bartiromo 20130408



being down by 67 points. same story for the nasdaq and s&p 500. pul pulls themselves out of red and finishing up by .6% indices. just minutes away from alcoa s first quarter earnings report. first, maggie patell. also david kudler from mainstay capital management. david, what do you make of this comeback? is this a trend we re going to continue to see? well, it s it s really a pattern that we ve seen since the election. we have these reasons for the market to sell off. whether it s cyprus, whether it is a jobs number. but we haven t had more than a 3% selloff since the election. so as soon as the market comes down 1% or 2%, those buyers come in. it s a pattern that we see repeat. eventually we ll get that 5% to 10% correction. but so far the buyers just keep coming in. the people on the sidelines waiting to come into this market. as that happens and finally after the jobs number on friday, the yield on the 10-year headed lower, we re down to 1.70. i haven t seen w ....

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