Hour. If youre a regular viewer, you would know that. Well take you all the way to the close. Middle of the range so far in todays trade so far. You heard the brain trust. Pimco. You folks were having that last hour exclusively here on cnbc. Did they convince investors to stop pulling their money out of pimco in the wake of that shocking sudden departure of bill gross last week . Two Money Managers with skin in the game will tell us what theyre doing now. Thats coming up. A first on cnbc interview with nfl hall of fame joe namath announcing the creation of a neuro surgery center. Plus were getting the take on all thats been happening in the nfl, the controversy of ray rice and adrian peterson. You do not want to miss what he has to say. Joes not afraid to talk. Absolutely. Im sure he will have some thoughts and opinions about all those issues and certainly a lot of buzz as you can imagine here about that on the floor of the New York Stock Exchange. Right now, lets talk markets. One hou
And it is 4 00 on wall street. Do you know where your money is . Hi, everybody. Welcome back to the closing bell. Im maria bartiromo. Market closes lower after the s p 500 closes at a fiveyear high on friday. Bit of a downer today. Take a look at how were finishing on wall street. Dow down about 51 points. Absence of buyers not necessarily selling going on today. S p 500 gave up about 4 points. Also off the worst levels of the afternoon. And the nasdaq composite down about three points. Really flat on the day for the s p and the nasdaq. The bulls took a back seat today with the s p retreating from the fiveyear high. So was it a slip blip in the rally . We bring in now jeff acorzanik, ron asana. Good to see you. Peter, let me kick this off with you. What did you see today in terms of flow . In flow . Yeah. Whered the money move . The money moved trying to find little spots and little dips. But there wasnt much money going into the market or out of the market. It was almost anticlimactic
Reitivityins, and can you feel that the market wants to test that on the s p. Personal the dow is not making a high. It continues to march higher which is a very, very positive sign. You inclined to still be in this long. Im inclined. I would think it would get a little more defensive and i think it will hit real resistance there and then back o. Every time it backs off theres always plenty of buyers around. So far. Get home safe, my friend. That will do it. Well go out midrange and call it as the markets in new york, boston, all over the northeast are getting ready for the blizzard. All of you get home safe if you havent already. The second hour of closing bell under way right now with maria bartiromo. And it is 4 00 on wall street. Do you know where your money is . Hi, everybody of welcome back to the closing bell. A stormy closing bell. Im embroemo. T the s p posting six straight weeks of gains for the First Time Since 1971. See how were settling out on wall street. The Dow Jones In
Easy money will help the market any day. Are we too complacent on buying . Ill tell you, the way the fed is running the money this has a long way to run. This is the fed. The news out of europe, the stronger dollar, but at the end of the day without the cheap money from the fed this market goes flat. Its not about the sequester that could kick in a week from today, not about the elections in italy or the currency wars going on right now, its about the fed . At the end of the day, yes. Youll see little bumps in the road like the last two days but they will disappear like they did today. Up 115 points. Have a good weekend. You too. The market is going higher and higher, the dow up 115. Looks like it will go out positive and every friday this year. Thats it for the first hour. Stick around for the second hour closing bell with Maria Bartiromo. And it is 4 00 on wall street. Do you know where your money is . Welcome back to the closing bell. Im Maria Bartiromo on the floor of the new york
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