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CNBC Power Lunch July 13, 2024 - Vimarsana News

CNBC Power Lunch July 13, 2024

Over to you. All right tyler, thanks very much. All three of the major averages are hanging onto their gains in the month of may tension escalating with china. My theme is still intact thats a broadening of the rally. This is in stutter steps you get a day like today where you pull back a little bit but not numuch obviously, some of the china etfs, thats first one down today on concerns about whats going on in hong kong. Look at the leadership this week russell. Its been bank stocks and Energy Stocks oil is on the downside thats what i mean those groups have been leadership stocks here look at...

CNBC Power Lunch July 13, 2024 - Vimarsana News

CNBC Power Lunch July 13, 2024

There it is with the gains now approaching for netflix 5 lets get to bob for more on this big market rally. Bob. Its hard to believe but we have retraced 50 of the losses in the s p 500 from those numbers about towards the end of february towards the end of march 23rd that was the lows. We traced 50 of those lows. The biggest ones out there microsoft, apple, amazon, google, facebook this is more than 20 of the s p, these five. Apple shipped 2. 5 million phones into china last month. That was much higher amazon is sitting at a historic high when these five stocks move like this, everything will...