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Transcripts For CNBC Fast Money Halftime Report 20240712

Nasdaq is going for its second day in a row josh, we got within a point. Same narrative here. What now we figure were going to hit new high for the s p those stocks are really all you need to get it done like a nominal new high its been 122 days since the last time the s p 500 had an all time closing high. If you think about the media number of days between making those closing new all time highs its about 90 from one year to the next i guess i would say this is pretty average year all Things Considered i would not be surprised to see an all time record close for the s p very soon. What you need to get there is all working. One other thing i would grow into the mix is put to call ratios have collapsed. Its a historic collapse i think its indicative of sentiment out there. People are just no longer afraid of a resurgence in the virus or a spate of negative headlines that will send this lower. The evidence of that is if you look at a 50day moving average you have to go back 15 years to f

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