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Transcripts For CNBC Mad Money 20240714

See, there are about a dozen weeks each year when were in the heart of earnings season and the wall street analysts become powerful enough to control the action this is one of those times they have an outside ability right now to move stocks particularly tech stocks. Today because of chatter about a possible break in the trade log jam with china and britain and iran didnt seem to go to war with the tak nker, the bulls pushed stocks higher its important to know how this works. Behind the scenes im opening the curtain to give you solid examples how the an lists are able to move some stocks and therefore the entire market. Its beens toed back and forth since it peaked at 64 and change for pulling back to 28 bottomed in december when micron reported, they made positive noises enough to send the stock into the stratosphere and Goldman Sachs decided to call the bottom in the chips and the stock had yet still one more leg higher as the buyers went nuts for it. And thats how it could rally ano

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