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CNBC Squawk Alley July 13, 2024 - Vimarsana News

CNBC Squawk Alley July 13, 2024

And say the market is reaching extremes of being oversold theres been signs of internal panic and we were set up for at least some kind of snapback. A couple caveats there, we did have a couple tuesday rallies of 5 and 6 the past couple weeks that did not arrest the downtrend. One thing you can hang a little bit of weight on right now is the fact that over the past several days youve been able to look below the surface of the indexes and see more differentiation, separating winners from losers and a little more stock picking and less indiscriminate selling all sets us up for a good bounce on o...

CNBC Fast Money Halftime Report July 13, 2024 - Vimarsana News

CNBC Fast Money Halftime Report July 13, 2024

I think we should start by checking where we are. Were in the midst of a big snap back day the dow is back over 20,000. Pushing a 9 gain of 1600. The s p good for nearly 8 theres the nasdaq as well up close to 7 . Have we turned a corner . I dont think so. I think technicians is what is referred to as a counter trend move its nice to have. I think people could use a break from just the persistant and constant selling were looking at stocks in the s p 500 be p t the percentage of stocks making fresh hundred day lows that number is slowing down. A few days ago it was high 80s right now its low 6...

CNBC Squawk Alley July 13, 2024 - Vimarsana News

CNBC Squawk Alley July 13, 2024

Locations as we put social distancing into effect here at cnbc as a precaution were going to start squawk alley this morning with bob pisani with an update on todays markets. Bob . And jon, the important thing here is i want to show you the futures because a lot of confusion overnight here we were futures down overnight, then we hada big rally at 8 00 a. M. Eastern time as the Federal Reserve announced new programs and yet the open was a real disappointment and it shows you that liquidity is fairly thin preopen. A lot of people were surprised we opened down so much but were off of the lows rig...

CNBC Closing Bell July 13, 2024 - Vimarsana News

CNBC Closing Bell July 13, 2024

A vote failed again and as new york becomes a epicenter of the outbreak in america, more states are taking strict measures to keep residents at home including michigan, massachusetts and louisiana. As we stand, the market is down 3. 4 on the s p 500. The dow is down 60 poin60 59 minutes left of the session weve got a huge lineup of guests coming up including the ceo of Quest Diagnostics to break down the latest on testing for the virus and former bank of america governor, mervy nn king he was governor of the bank of england during the financial crisis we are covering every angle of this crisis...

CNBC Fast Money Halftime Report July 13, 2024 - Vimarsana News

CNBC Fast Money Halftime Report July 13, 2024

Yeah. No doubt hopefully they can get this stuff done between the congress and the senate and it will be a lot more to do its a good start but given the dislocation to the marketplace, hopefully we can get this thing done in washington and well be good backstops for the market. Does it take a significant amount of stress off of the credit markets, which i know youve been concerned about and you watch so closely well, i mean, it takes a certain amount off it doesnt theres still a lot of stress in a lot of different places it takes a little bit of the stress off you really need the washington pa...