meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell: Earnings Set to Send Stocks Higher? 10/24/23

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 24 October 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Is the three-month market pullback driven by macro and interest rate concerns running its course as the final earnings season of the year gets underway? Adam Parker from Trivariate and Bryn Talkington of Requisite Capital break down their forecasts. Plus, Ankur Crawford breaks down her tech playbook and how she is navigating the upcoming mega-cap earnings. And, we count you down to the key reports to watch after the bell.

Transcript

Click on a timestamp to play from that location

0:00.0

All right,

0:02.0

Welcome to Closing Bella, Mike Santoli in for Scott Wopner.

0:05.0

This make or break hour begins the stocks finding some traction after five straight losing sessions

0:10.1

with old industrial economy stocks bouncing on decent results ahead of the

0:14.4

crucial start of mega cap tech earning season in the next hour. Algers

0:19.0

Anker Crawford joined owns a number of those mega cap names. She will join us with her take coming up.

0:25.2

Bagno's meantime, they are steady. Remember we had that 10 year click above 5%

0:29.8

early yesterday. We're now down to about 484, although no further real declines in the yield.

0:35.7

Oil down for a third straight day, now back into the low 80s on W.T.I. crude, small caps have

0:42.3

been out performing much of the day. T. T. I. Crug. Small caps have been outperforming much of the day. Banks, though, continue to lag.

0:47.2

They have certainly been pulling up the rear for much of the last several months.

0:50.7

We begin with our talk of the tape is the three month

0:53.4

market pullback driven by macro and interest rate concerns running its course

0:57.4

as the final earnings season of the year gets underway or well the bulls remain

1:01.3

penned in by higher rates and fears of slowing growth and

1:05.1

whatever else we can think of let's ask Adam Parker Trivariate research founder and

1:08.4

CEO and a c. NBC contributor Adam so I don't know it looks looks like people trying to look on the not so

1:15.1

negative side yesterday bit of a failed rally today yields are quiet markets

1:20.8

able to maybe seize on some of the fundamental news.

1:23.8

Are we able to go from macro to micro at this point do you think?

1:27.4

I mean during earning season some stocks really only give you four updates a year

1:31.9

right and the rest of it's all macro only give you four updates a year, right?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.