CNBC Fast Money July 12, 2024
We start off with a major reversal on wall street. S p 500 gave up gains around 2 00 p. M. To finish close to session lows same for tech stocks you saw the same thing play out in facebook and netflix, both stocks starting strong, finishing around session lows. You can extend this to regional banks, health care, energy, small caps what does the action today tell you, guy adami its not encouraging. Im not going to make a deal out of today yesterday we had the show of hands. I dont think any of us were convinced by the rally ill continue to say a 30 vix suggests were going to see days of 1. 52 mo...