Closing Bell: Top Strategies for Your Money 8/29/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 29 August 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What are the best strategies for your portfolio right now? NewEdge’s Cameron Dawson, Invesco’s Kristina Hooper and American Century’s Mike Rode reveal their playbooks. Plus, several reports surfacing today about Apple’s big AI push. We break down all the headlines and get instant analysis from an analyst. And, we tell you what’s at stake when retailers Lululemon and Ulta report in Overtime.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Closing Bell, I'm Scott Wabner live at Post 9 here at the New York Stock Exchange.
0:05.0	This make a breakout begins with shaky stocks.
0:07.0	We're in the midst of a bit of a fade here in the final stretch.
0:09.5	Dow is still hanging on to nice gains.
0:11.5	It is pacing for another record closed, but tech reversing a bit that's hurting the NASDAQ and of course the S&P.
0:17.6	And video it's the culprit today. It's sliding and while most of mega cap tech was mostly higher throughout this day.
0:23.6	It's rolling a little bit too.
0:24.9	We're gonna keep our eyes peeled to those stocks
0:28.0	as well over this final stretch.
0:29.4	Let's show you the scorecard with 60 minutes to go now
0:31.8	in regulation.
0:32.9	Tech and com services are red now,
0:35.2	along with consumer staples.
0:37.2	All other sectors within the S&P, though,
0:39.5	they are green.
0:40.2	And there's reflected there in the major averages,
0:42.1	exactly what's happening at this moment
0:44.3	we about half the gains out of the Dow and certainly the S&P and the NASDAQ as well.
0:51.0	Standouts today, industrial Discretionary Energy and the Russell.
0:54.4	It's posting a strong session as well today. It does take us to our talk of the tape,
0:58.4	stock strategies. What's your best one right now? Let's ask Cameron Dawson, Chief Investment Officer at New Edge Wealth,
1:05.0	here with me as you see at Post Nine.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.