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Closing Bell

Closing Bell: Best Bull Market Opportunities 9/24/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 24 September 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Where can investors find the best opportunities in this bull market? Trivariate’s Adam Parker, New York Life Investments’ Lauren Goodwin and Invesco’s Kristina Hooper break down where they are seeing strength right now. Plus, top technician Chris Verrone tells us which parts of the market he thinks are about to break out. And, Novo Nordisk shareholder Michelle Ross of Stempoint Capital gives her first reaction to the Novo Nordisk CEO testifying on Capitol Hill over weight loss drug pricing.

Transcript

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0:00.0

All right, guys, thanks so much. Welcome to Closing Bell. I'm Scott Wabder live from Post 9 here at the New York Stock Exchange.

0:05.3

This make a break hour begins with the Dow on the S&P. heading for more milestones in this final stretch.

0:10.3

Let's take a look at the score card with 60 minutes to go in regulations.

0:14.0

So the Dow's just a touch negative, but it's been up for most of the day and we'll track every move

0:18.0

here. There's the S&P. There's a new record high to close there too.

0:21.0

Nasdex up about a half percent. Materials, Tech, they're leading the way today. new record highs closed there to NASDAQ's

0:22.5

industrial's materials tech they're leading the way today

0:25.2

as China announces more stimulus measures we're following that and that is giving

0:28.6

a lift to names like preport Mac Moran and Caterpillar and others a whole host of China-based internet companies, too.

0:34.9

We'll show you a couple on the list here.

0:36.4

They are having a pretty good day like Ali Babboe up near 8%.

0:39.5

There's JD up more than 13.

0:41.2

It's been a mixed day for mega caps overall. Microsoft Meta

0:44.0

Amazon have been lower. There's your picture there for those names but the other

0:48.5

side Apple and video alphabet. They've been staying green throughout the session.

0:52.7

It does take us to our talk of the tape.

0:54.5

Where to find the best opportunities within this bull market right now?

0:58.1

Let's ask our panel of that very question.

0:59.8

Adam Parker is the founder and CEO of Trivariate Research,

1:03.0

and the C. M. B. C. Contributor, Lauren Goodwin of New York Life Investments,

1:05.8

Christina Hooper of Investco.

1:07.0

Welcome everybody.

...

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