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Transcripts For CNBC Closing Bell With Maria Bartiromo 20121119

Me just now. We are going to be closing up more than 200 points. Margie from Wells Fargo Funds Management joins us, so does michael from destination Wealth Management and joe greco will be with us in a few moments here. Rick santelli is staying late as well with this rally here. Ready to go, joe . Yes. What do you make of the rally . I guess when republicans want to peek past what is involved besides a tax increase, that signals a compromise. So, the markets say, hey, maybe theyll work things out in washington. The unfortunate thing is this lift today will be met with more selling as we get closer to the holiday and the long weekend. This is not a new phase here you can look at volume, behavior of the trading and it looks like well have a little more of a lift. Weve broken through a level that held nicely. Started to lift onto the tail end of the day. I think if we can get a little closer to the tail end, but toward the end of the year, well test higher. Do you believe this is a rise a

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