And nasdaq are positive, many caps higher with the exception of apple, how many times have we said that . Amd is a big gainer approaching 300 billion in market cap, its largest ever, nvidia what else closing out with another gain, almost 800 bucks, not so much for snowflake today, it is tracking for his worst day ever following earnings and guidance that takes us to our talk of the tape, we are really in a sweet spot for stocks. Lets ask gabriella santos, chief Market Strategist for jp morgan Asset Management live with us once again, nice to see you. Welcome back. What a month it has been, its been broadbased, nasdaq 5 , s p almost five, the dow is the lacquered. Are we set up for a week spot . We are seeing signs of that broadening out, one thing we do is we track contribution to returns of the 10 largest companies. As of january, 90 . It was a arryover of last years story where we said today is with only 74 of returns being driven by just a handful of stocks, we are getting closer to
Small caps didnt do anything to begin the year but slowly starting to perk colate up. Our talk of the tape. You have the fed decision on wednesday. You have a very busy earnings season can anything should all the bears, if theres any left, should they go in to hibernation . Lets ask anastasia amoroso, icaps manager. Good to see you dow 11 days whats happened . I dont understand what changed from two weeks ago thats the point. The technical point is still constructive for stocks meaning if we stay around these levels well continue to trade above moving averages and all the key cta commodity adviser thresholds, so theres no reason to sell. Theres been a catalyst to sell. When i think about this week, you know, we go into just a monster week for Central Banks we have the fed, the doj, we have the ecb if the fed does deliver the last rate hike, thats the thing for stocks if big tech earnings deliver this week, thats again supportive for whats been driving this market all year long in this
Small caps didnt do anything to begin the year but slowly starting to perk colate up. Our talk of the tape. You have the fed decision on wednesday. You have a very busy earnings season can anything should all the bears, if theres any left, should they go in to hibernation . Lets ask anastasia amoroso, icaps manager. Good to see you dow 11 days whats happened . I dont understand what changed from two weeks ago thats the point. The technical point is still constructive for stocks meaning if we stay around these levels well continue to trade above moving averages and all the key cta commodity adviser thresholds, so theres no reason to sell. Theres been a catalyst to sell. When i think about this week, you know, we go into just a monster week for Central Banks we have the fed, the doj, we have the ecb if the fed does deliver the last rate hike, thats the thing for stocks if big tech earnings deliver this week, thats again supportive for whats been driving this market all year long in this
Small caps didnt do anything to begin the year but slowly starting to perk colate up. Our talk of the tape. You have the fed decision on wednesday. You have a very busy earnings season can anything should all the bears, if theres any left, should they go in to hibernation . Lets ask anastasia amoroso, icaps manager. Good to see you dow 11 days whats happened . I dont understand what changed from two weeks ago thats the point. The technical point is still constructive for stocks meaning if we stay around these levels well continue to trade above moving averages and all the key cta commodity adviser thresholds, so theres no reason to sell. Theres been a catalyst to sell. When i think about this week, you know, we go into just a monster week for Central Banks we have the fed, the doj, we have the ecb if the fed does deliver the last rate hike, thats the thing for stocks if big tech earnings deliver this week, thats again supportive for whats been driving this market all year long in this
Small caps didnt do anything to begin the year but slowly starting to perk colate up. Our talk of the tape. You have the fed decision on wednesday. You have a very busy earnings season can anything should all the bears, if theres any left, should they go in to hibernation . Lets ask anastasia amoroso, icaps manager. Good to see you dow 11 days whats happened . I dont understand what changed from two weeks ago thats the point. The technical point is still constructive for stocks meaning if we stay around these levels well continue to trade above moving averages and all the key cta commodity adviser thresholds, so theres no reason to sell. Theres been a catalyst to sell. When i think about this week, you know, we go into just a monster week for Central Banks we have the fed, the doj, we have the ecb if the fed does deliver the last rate hike, thats the thing for stocks if big tech earnings deliver this week, thats again supportive for whats been driving this market all year long in this