CNBC Squawk July 3, 2024
No, it isnt. To keep it simple, dont overthink it approach, maybe further chop to the downside. The s p 500 has really followed the seasonal script pretty well in direction if not magnitude this year, which would suggest a couple more weeks of difficulty. I think pretty much everyone is alert to the idea you probably get a strong finish or at least the odds would say, to the year. The longer we go churning sideways this way, though, i think people are looking for cracks or just finding them. There has been a loss of momentum. Market breadth has faltered if you look at the equal weighted s p. I...