And welcome to closing bell. I'm Scott Wapner, live from Post 9 here at the New York Stock Exchange.

This maker breakout begins with unsettled stocks. The major averages are pacing for a positive week,

but facing some new questions. We'll discuss those ahead. Take a look at the majors here with 60 to go in regulation,

another volatile session. Concerns over parts of the loan market, making investors

a bit nervous, but we look pretty decent right now. As I said, green across the board. Dow looks

to be close to the highs of the day, of more than 300, three quarters of 1%. Even the regional

banks, they're bouncing following a rough go this week. We're watching the alts managers, too.

It's been a mixed picture there today, although we do have a little bit of a pickup there with Apollo leading the way, one and two-thirds

percent. Oracle shares, they're down sharply today following the company's investor day,

the market not loving the outlook, and that's why it's down 7.5%. It does take us to our talk of the tape,

idiosyncratic or something to really worry about. That's what investors are asking themselves,

as the markets focus on the credit markets. Let's welcome in Trivariates Adam Parker, CEO and founder

of Trivariate Research, a CNBC contributor at Post 9. It's good to have you back.

Thanks for having me. Are you dialed in on credit and loans and all the things that people are talking about outside of the stock market?

It's definitely coming up in a lot of my meetings. It's polarizing. I think most people, the consensus among the institutional

investors is this is going to pass. We're going to get locked in on earnings. I don't even think it's next week. It's the earnings the week after. Like all the big tech stuff, Visa MasterCard, you know, kind of more like 10 days from now. So I think people are thinking maybe, you know, a little bit isolated, some of the...

idiosyncratic.

That's a little bit more...

So you would answer when I...

Before I brought you in, I... idiosyncratic. So you would answer, before I brought you in, I said idiosyncratic or, you know, more to worry about you. You go with the former. I think it's going to pass pretty quickly, I do. What makes you believe that? You know, I just think we're not seeing it from the bigger institutions. So our view is own the large cap higher quality banks. I think the regional banks are more of economically sensitive interest rate play that I don't love right now. They're more likely to, you know, be affected by loans that are bad. I think the big guys can absorb 50 million losses here or there and you don't see it. You know, I don't even know if JP Morgan, you know, bends over to pick up 50 million. So, you know what I mean? I think it's probably not going to affect the bigger banks as much, and I think that's a safer way to play it. You know, on the flip side, I think the earnings season from the big banks, which was really before the whole first brand and Zion stuff, was pretty darn solid. Right? If you look at it generally, upper revisions, a little bit more provisioning, but they didn't do as much last quarter.

I kind of looked at the bolus of the big bank earnings that thought they were pretty solid. So I can kind of stick with that as the thing I'm most focused on. I mean, you know, what Jamie Diamond saying, the consumer looks like is pretty good. Monahan at Bank of America. If you look at what they're saying, I don't think...

And we also talked about, you know, cockroaches when it comes to credit.

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