Chip botox straight ahead and we start with the rorschach test. Which did you see today . The dow closing at its highest level since march 10th and vaccine hopes with stills and stocks closing near session lows and the relationship 500 failing to hold its 200day moving average or guy adami, how do you interpret the ink blot being that i cant see it, is that the guy from welcome back cotter, mel or no, that rorschach test guy i think were having problems with guys audio tim seymour, well go to you on this which ink blot did you see today . I actually heard guy and he made a bad joke of welcome back to cotter. It was closing near march highs and i think we have a case where the reopening has allowed people to look at industrial and call them value stocks, but the ones that were the most beaten up and to begin to assess what schedules are going to look like for airlines out through kind of early to midsummer. We have no idea, but we also have some sense that the worst case has been largel
weigh in this is live money we re live at the nasdaq we start off with a rough end to a rough week major indices closing in the red. s&p down a quarter of a percent. this week s pain adding to the hurt we ve seen this month markets all on pace for the worst december since 2018. and a couple big name stocks have been hit particularly hard. tesla dropping nearly a quarter of its value in the last two weeks. lulu lemon, united airlines and zom posting bigger losses than the rest of the markets. should you still steer clear in the new year let s take a look at some of these battleground stocks. amazon, that s down 9%, more than 20% this quarter. the stock trading 4% away from pandemic lows but wall street named it a top pick for 2023 average is 50% higher. what is next for amazon? tim, i go to you. for amazon we ve marked to market their e-commerce business we know there s head winds in aws and talked about cloud being a competitive place, but i think you ve reset a lot to me t