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Transcripts For CNBC TechCheck 20221110

In a moment. If we zoom out, the wcld and First Trust Internet etf flat over the last month, chips and software with a bit more of a sustained rally. Pretty remarkable. The words baby steps, john, have been used in the feds long term goal of getting us back to 2. So much guessing on what the fed actually wants and is trying to do happening here and its important i think for us to stay focused on the context. We gave viewers a little bit right there. Amazon is up i think around 13 right now 9 for the week. But look at what these individual stocks and what some of these areas have done not only over the past day or week but over the past month. Over the past quarter. What were earnings like . Now i think the next catalyst perhaps is how the Holiday Season starts with just a couple of weeks away from thanksgiving, from black friday, from cyber monday theres the expectation that Consumer Spending isnt necessarily going to be what its been in past years. That has all kinds of impacts not ju

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