Closing Bell Overtime: Can stocks get back to new highs? 3/23/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 23 March 2022
⏱️ 43 minutes
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| 0:00.0 | Welcome to overtime. |
| 0:01.0 | I'm Scott Wabner. |
| 0:02.0 | You just heard the bells. |
| 0:03.0 | We of course right here are just getting started. |
| 0:05.0 | In just a moment I'll be joined at post nine by top strategist Tom Lee. |
| 0:08.8 | He makes the case for why stocks can still go higher. |
| 0:12.1 | And that brings us to our talk of the tape today is the |
| 0:15.1 | unthinkable possible can stocks actually get back to new highs? |
| 0:19.5 | Dolic now but even with today's pullback it's not like we're all that far away a few |
| 0:23.7 | big bursts bit of better news you never know let's ask halftime |
| 0:28.1 | investment committee member and the CEO of Brit Holt's wealth the Josh Brown is |
| 0:32.1 | with us it's good to see you here in overtime. |
| 0:34.1 | That really is the question, I mean, |
| 0:36.0 | we had an ugly close. |
| 0:38.1 | Are we already on thin ice for a rally that started |
| 0:40.6 | to feel pretty good? |
| 0:47.3 | I mean, think so. I wouldn't close my mind off completely to new highs at some point this year. I think it's going to be |
| 0:52.0 | really tough this spring. The headwinds seem to be multiplying, not dissipating. That being said, we are going into today. We really had five of six days up more than 1% each for the S&P 500 which is extremely |
| 1:07.5 | rare that is like if you're going to talk about a textbook snap back rally that's pretty much as good as you're ever going to see in terms of |
| 1:16.1 | being orderly, having a lot of participation, being relentless. |
| 1:20.9 | That's what it was. |
| 1:22.2 | Today reverses that. It's too soon to say permanently. |
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