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Closing Bell

Closing Bell Overtime: Time to Play Offense? 2/6/23

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 6 February 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Is it time – for the first time in a long time – to play offense in this market? Vantage Rock’s Avery Sheffield gives her take. Plus, EMJ’s Eric Jackson makes the case for a slew of growth stocks. And, Mark Newton from Fundstrat breaks down the key levels he is watching to start the week.

Transcript

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0:00.0

All right, Mike, thank you very much.

0:03.6

Welcome to overtime.

0:04.8

I'm Scott Wabner.

0:05.6

You just heard the bells.

0:06.5

We're just getting started from Post-9

0:08.2

here at the New York Stock Exchange.

0:09.7

We have more earnings breaking any moment

0:11.9

from Pinterest take two and

0:13.7

Activision so much on the line for all three of those companies and of course

0:17.4

our reporters are standing by to give us the details we'll show you the stock moves

0:20.9

as they happen I'll also speak today to Funstrath Star technician

0:24.4

Mark Newton on why the charts are telling him to stay foolish on stocks. So now he'll

0:30.0

tell you where he thinks they can actually go from here.

0:33.3

We begin though with our talk of the tape,

0:34.9

whether it's finally time for the first time

0:36.7

in a long time to play offense in this market.

0:40.6

Let's ask Avery Sheffield.

0:41.8

Vanage Rock Co-founder,

0:43.0

CIO, senior portfolio manager, with me once again here at Post Nine.

0:46.0

Good to see you again.

0:48.0

Good to see you. What about that question?

0:49.0

Is it time to start playing some offense?

...

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