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Transcripts For CNBC Squawk Alley 20160527

Is through the Summer Enterprise driven or consumer driven . What are your thought sms well, i dont know. Carl, i have no idea what the stokck market doing and why it does it. But in this case the tech did better in sectors even after issues with wall street of the earnings of a number of the tech giants. They beat up on them too much after the earnings came out, and now now it is a return. Apple is a good example, and it was badly hit because of to last earnings announcements, and people are reconsidering it and another thing is that Warren Buffett bought into apple, and that is always a sign that like people overreacted, and he is a savvy investor and people thought twice about it and apple is a leader in that way, and many of them, they follow. Facebook is doing great. I think they turned in a terrific quarter, and again, it caused the people to look at all of the secto ....

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Transcripts For CNBC Squawk On The Street 20160527

Stocks the dow and s p are on pace for their best week since march. Were going to close out the month on tuesday. Were going to Start Talking about how to play this in june ahead of brexit and the fed, how to play it in a summer where stocks have alternated up and down for six years. But at the same time we have groups that have come alive. This tech rally is very real. It is broad based. Its chips. Its software. Its high growth. Its cloud. The bank rally is in its infancy. As we get closer to a rate hike, which i think we will get given the fact that these fed heads of carpet bombed us with the two to three, that bank group can get stronger. Net interest margin will go higher. Its very undervalued and i think it works. So right now and im not saying im sanguine because if we get a really weak employment number thats bad. Because theyll tighten into a weak employment number, but i like it. Were not focused on china as much. Oils re ....

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