Closing Bell Overtime: Looking for opportunities amid market sell-off 4/29/22
Closing Bell
CNBC
4.4 • 141 Ratings
🗓️ 29 April 2022
⏱️ 49 minutes
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| 0:14.0 | Welcome to overtime. I'm Scott Wabner. You just heard the bells. We're of course just getting started here. We have a lot to talk about in just a few moments. I'll speak to Wharton Professor Jeremy Seagull on where stocks could be heading next. Now the Fed meeting next week more major companies are reporting their earnings as well and all of it is going to drive stocks as you |
| 0:17.4 | know. We begin though with our talk of the tape and that's this brutal month this |
| 0:20.5 | brutal day really for stocks the worst for the NASDAQ since the dark days of |
| 0:24.7 | oh eight has April Ben and now a typically treacherous mayloon so what will it hold for |
| 0:30.7 | your money let's ask Trivaria to Adam Parker. |
| 0:33.0 | Adam Parker. He is here with me at post 9. |
| 0:35.0 | It's good to see you. |
| 0:37.0 | I don't want you to show up and now tell me, |
| 0:39.0 | oh don't worry, everything's great, |
| 0:40.0 | because you've been more rosy than a lot of other people. |
| 0:42.0 | This is ugly and it feels |
| 0:43.1 | horrible yeah no I think we're getting kind of some real opportunities now to buy good |
| 0:48.1 | companies at low prices I mean I earlier today about two hours ago before it came down |
| 0:52.4 | here you know a former |
| 0:54.5 | semiconductor analyst I was looking at the semiconductor stocks down 25 26 year |
| 0:58.9 | to date thinking you know might be time there's almost you know I feel very low chance they don't beat the market |
| 1:04.8 | in a you know 18 month to your five year view massively because they have you know above |
| 1:09.6 | you know economic growth and just so crucial with big technology modes. |
| 1:14.4 | So you're starting to really see things feel like they're on sale. |
| 1:17.4 | And I think the fundamentals from this earning season have been pretty decent. |
| 1:20.6 | Yeah, but see here's the thing, okay? |
| 1:22.0 | And you've been coming here and saying that... |
... |
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