The major averages pretty flat but the Dow lagging a bit that's a scorecard on Wall Street

but winter stay late.

Welcome to closing bell overtime. I'm John Ford.

Morgan Brennan is off today stocks

closing in the red today in between the major averages now higher for 10 of the

last 11 weeks though we're gonna to get the outlook for stock from

longtime bull Tom Lee and his first take on spot Bitcoin ETFs which began

trading yesterday earning season also kicking off today with the big banks, they are mostly lower following

noisy results and coming up, Wed Bush's head of investment banking and capital markets is going

to discuss what those numbers mean for Goldman Sachs and Morgan Stanley

when they report next week. But first let's get to our market panel. Joining us

now is Tom Lee and MU and m u fg head of macro strategy

George gankovis guys happy friday good to see you

uh... tom the russel two thousand was lower today and in tech even stability seemed to be in favor

Microsoft was higher meta doing nicely IBM Oracle what does this week sort of X Bitcoin?

We get to that eventually.

What's the meaning of it for what you expect in January?

Well, we're two weeks into the year, and this week certainly feels defensive.

I think investors are still debating whether or not this is going to be a market where the Fed is supportive.

I mean we had some comments where you know we've got some inflation reports, some confusion

and some uncertainty about whether the Fed is going to be sort of supportive market

making cuts.

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