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The majors today ahead of those key earnings tomorrow. Yields, theyre lower across the curve today. We will continue to watch that. And which takes us to the talk of the tape. With stocks trading around record highs, is it time to lean into this bull market or step a bit back . Lets ask liz ann sanders. Shes schwab chief investment analyst, joining us live. Nice to see you again. Welcome back. Thank you very much. Happy tuesday, scott. You as well. What do you think of that question . Time to lean in or maybe take a few toes out of the market . Well, we have 9 trillion of client assets. I would ask who is the client, what the structure of the portfolio, whether they are on some sort of rebalancing schedule. I think periodically rebalancing is just a beautiful exercise especially if you make a portfolio base as opposed to structuring it around the calendar, which a lot of investors do. It will force us to do a version of what we know we were suppose to, which is add low and trim high. S ....
Move higher all day. A new high, an oil rally because of the war in the middle east, and its been a lot for investors to deal with. Morgan stanley suffering its worst oneday performance in many years. The stock down 7 1 3 percent after earnings. Transports downright ugly. Names like united airlines, jb hunt trading poorly as well. And as for tech, its a bit of a mixed bag, yields popping, some trying to be green but most have now turned red as we begin the final stretch. It does take us to our talk of the tape. What todays key earnings do mean for the hopes of a year end rally as it relates to tech. Lets ask our panel. Dan ives covers tesla. Alex, Big Technology founder and cnbc contributor. Jason snipe of odyssey is also a cnbc contributor. He owns many of the tech names including netflix. Were going to lean on jason in a moment. But, alex, i begin with you. Netflix has not traded well, to say the least. Shares are down 12 in a m ....
Closing high for the s p and for the nasdaq and also extending that, 5300 on the nose there for s p 500, so we will track all of it over this next hour of trade. Rates are lower across the board and that means tech, utilities are leading the way, too. Lets take a look, there is text, utilities, and smallcap getting a nice bump, as well. Apple has been on the tear lately, now back above 900 per share. Or, 190, i meant. 190. Im getting a little bit ahead of myself. Lets get to the ai announcement first. Maybe an iphone refresh. You get where im going. Technology will be here later to give us that story. That gives us to our talk of the take, whether it is okay to be bullish on stocks. Lets talk to josh and cameron, josh is an nbc contributor. I got ahead of myself on apples price, but we are not getting ahead of ourselves on these new records for all of the major averages, so i just ask you, is it time to get more bullish . Well, i guess i dont get more or less bullish based on price act ....
Probably on the continued move in Interest Rates. Its a stunning selloff there today. Materials, energy, staples also decidedly weaker. Also tech and Communication Services have been about the only bright spot, there they, still hanging in the green and its kept the market picture from looking worse, as well. Nvidia, apple and amazon getting a lift today. It takes us to the talk of the tape and whether the Fourth Quarter will deliver investors as history would suggest as it does, or is this hills too steep to decline. Nice to see you. When you sat down, utilities, its pretty stunning to see a sector move to that degree. It is incredibly stunning and theres the yield impact. If you look at a dividend yield of 100 basis points less than the tenyear treasury and why take on the rick of compliance and revelation when ....
The 200 Day Moving Averages. The nasdaq where the biggest pain is today. Several megacap tech names see moderate shelling. We see the names with amazon, which is sharply lower as the ftc hits the company with an antitrust suit well have an update on that in just a little bit. Alphabet, apple, microsoft, theyre all lower as well. Take a look. 2 declines. That does take us to our talk of the tape is there still a bull case to be made for stocks in the years final stretch . Some suggest despite all of what we just said, the answer is yes. For more, lets bring in adam parker, founder and ceo of research, and cnbc contributor lets say that i was talking to mike santoli came up to me and said President Biden obviously went to see the striking uaw workers today. Said him saying he supports a 40 increase in pay for uaw workers sent stocks lower. I was looking at gm and ford, the ....