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Transcripts For CNBC Closing Bell 20141014

Dow having a pretty good day. Its the Big Industrial names that would be more impacted by an economic slowdown of any sort of magnitude. Intel is holding up today ahead of the earnings. Chips killed lately. Those are the next best performers out of the dow today. I would suggest thats much more important than a chevron which is towards the low end sliding on oil. United health is a Big Hedge Fund trade and maybe selling there. Cocacola, staple. Home depot is a bad performer today and downgraded. Jpmorgan off the earnings. You raise the point and one the need talk about with the group coming up here but to what extent is pressure on the hedge funds writ large responsible for some of the market declines we have been seeing . I looked this morning and you saw even in the face of an up market that a lot of the most Popular Hedge Fund names were down and suggested they were selling the name and when the overall market bounced they got a bounce, too. Remember yesterday things looked decent a

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