Closing Bell Overtime: The Big Tech Set-up 10/24/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 24 October 2022
⏱️ 44 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome everybody to overtime. I'm Scott Walker, you just heard the bells. We're just getting started from post-9 here at a very loud New York Stockers. New York City Mayor is here and they got a good crowd here to ring in us into overtime in just a little bit. |
| 0:14.0 | I'll get the PIMCO Playbook from Portfolio Manager Aaron Brown, who says to prepare for a |
| 0:18.9 | big bounce in stocks, she's going to tell us how much they might be ready to run and where to be best |
| 0:23.8 | position for that. On that note we begin with our talk of the tape all that lies |
| 0:28.1 | ahead beginning in just 24 hours with the start of mega cap earnings right here in overtime. |
| 0:34.0 | It's only your money and this rally hanging in the balance. |
| 0:37.0 | That's all. |
| 0:38.0 | So will the biggest and most important stocks in the market deliver? |
| 0:41.0 | Let's ask Tech investor Eric Jackson of E.M.J. He happens to be right |
| 0:45.3 | here on set with me. You picked a good day to come to the floor of the stock exchange. So people |
| 0:51.2 | are saying this rally has some legs. How much is really riding on this |
| 0:54.7 | week with the next three days of big earnings? It's huge. I mean we saw the shot in the |
| 0:59.6 | arm that Netflix gave the market a couple weeks ago Scott and so I expect nothing less for |
| 1:04.5 | for this week obviously the tenor of the market has changed in the last week and |
| 1:08.9 | so we've gone from like max pessimism to today was just a body blow in the morning followed by the steady |
| 1:15.0 | grind higher despite all the bad news coming out of China and China Tech all the bad news |
| 1:20.3 | coming out of the UK so it seems a much more resilient market going |
| 1:24.5 | into the second half of this month. Have you turned more optimistic yourself? |
| 1:28.0 | I think you can't help but be optimistic. I'm optimistic by nature Scott but you know take a step back and you got to say where are we with this you know obviously the June to August rally was a head fake but we are basically we've held the lows of May and June for most |
| 1:45.9 | tech stocks we are we going lower on a day like today in the face of the bad news I |
| 1:51.4 | think there's a lot of resilience there and I think |
| 1:54.1 | we can press higher from here. So people know you for being an investor in |
... |
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.

