meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell: Playing the Volatility 11/04/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 4 November 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

How should investors play the next few weeks? Trivariate’s Adam Parker, Invesco’s Kristina Hooper and BMO’s Yung-Yu Ma reveal their playbooks. Plus, Aswath Damodaran from NYU Stern School of Business weighs in on tech valuations now that mega-cap earnings are in the rearview mirror. And, top technician Chris Verrone tells us how he is navigating the uncertainty surrounding the election and upcoming fed meeting.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to closing bell.

0:00.8

I'm Scott Wobner, live from Post 9

0:02.2

here at the New York Stock Exchange.

0:03.4

This make or break hour begins with three critical days ahead,

0:06.9

culminating with Thursday's Fed decision.

0:09.5

What happens with stocks, anyone's guess.

0:11.5

The backdrop though, still positive,

0:13.5

most say with the economy chugging along,

0:15.6

interest rates expected to move lower.

0:18.3

We'll ask our experts over this final stretch

0:19.9

where this full market is likely to

0:21.5

go in the weeks ahead. In the meantime, there's a scorecard with 60 minutes to go in regulation.

0:25.9

It has been a mostly red day for the majors, but we're trying to make a little run at positive

0:31.0

territory on both the NASDAQ and the S&P. We'll see. Apple is lower today. Berkshire Hathaway cutting its stake even further. That's interesting news.

0:39.0

And InVIDIA, though it's higher today. It's joining the Dow on Friday. Those two companies neck and neck today in terms of market cap.

0:45.7

We're going to track that right up to today's finish as well. Look at that. Elsewhere yields, they're a touch lower ahead of the Fed meeting. The dollar, lower, oil, rising,

0:54.9

we'll watch all that. It takes us to our talk of the tape, how to play what could be a more

0:58.8

volatile couple of weeks ahead. Let's ask Adam Parker. He's the founder and CEO of Trivariate

1:03.6

Research, a CNBC contributor with me, as you can see at Post 9. Welcome back. Great to be here. It's really hard to try and game out the election and what you're supposed

1:12.7

to do. So let's try

1:14.7

and, I guess, look beyond.

1:17.1

Is the backdrop for

...

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.