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Transcripts For CNBC Mad Money 20240712

Stimulus package to stave the stock market thats ridiculous. Today, we got an idea what happens if theres no grants as far as the stock market is concerned, its not that big a deal the dow gained 52 points, s p inched up, nasdaq advanced i dont want a stimulus package to save the stock market, i want a stimulus package to save an industry i know all too well, the hospitality industry, which i can tell you from my ownership stakes, is getting destroyed by the pandemic millions of jobs are on the line but they reside in Small Businesses ones that dont show up in the averages but individual stocks sure do. And the winners today tell you everything you need to know about the losers and the broader economy. Especially the biggest winner, which is the one i want to focus on the winner is the stock of olive garden strongest stock on the s p 500 yes, i am telling you right now that the strength in the stock of darden it should terrify you. Dardens winning, because its private competitors cant

Transcripts For CNBC Fast 20240704

In focus as we are dropping below or have dropped below 4 we want to Pay Attention to that the vix moving around 18 some Movement Something we havent seen in a while. When looking at the sectors, tech and financials which really the biggest laggards of course we have the big cut from moodys today we want to dig into the financials red across the board after the firm cut Credit Ratings for a number of these banks. 10 small and mid sized banks also put a number of others on watch. Im going to start, i believe you own u. S. Bank corp, one of the names on the watch, why are we seeing so much bloodshed today . Of all the concerns that moodys list none of these are particularly new this is old news. They should have come out in the First Quarter when we had the debacle with the banks youre seeing a shortterm reaction where you probably have a bunch of the you know, the computer funds thats what i was going to ask. Selling short on the financials you get the regionals. But all this was mentio

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