The Call to Sell Stocks

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 30 July 2021

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

On the last trading day of the month, Scott Wapner and the Investment Committee are joined by Scott Minerd, Guggenheim’s Chief Investment Officer, who says it may be time to sell stocks. The Committee will debate whether we’re at the peak of the market, as Minerd suggests. And later, we cover a big earnings week next week, what names should you watch out for?

Transcript

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0:00.0	I'm Scott Wapner and you're listening to CNBC's halftime report, the podcast, the most
0:06.0	profitable hour of the trading day.
0:08.5	We record this live weekdays at 12 Eastern.
0:12.2	Listen in.
0:13.2	Alright Carl, thanks so much.
0:16.1	Welcome to the halftime report.
0:17.3	I'm Scott Wapner.
0:18.3	Front and center this hour, why one of the world's most closely followed investor says
0:22.5	it's probably time to sell stocks.
0:25.2	That new call from Guggenheim's Chief Investment Officer Scott Minard who joins us momentarily
0:29.9	in a CNBC exclusive, our investment committee also with me today to debate on whether we
0:34.6	are at peak everything with me for the hour today.
0:37.3	Shannon Sikosha, Josh Brown, Jason Snipe, Rob Seachans, good to see everybody.
0:41.3	Take a look at the markets on this Friday, stock's been lower on this final trading day of
0:45.3	July.
0:46.3	That's where we are now.
0:47.3	Dow's down 120, S&P's down one half of 1%, NASDAQ is off as well.
0:51.4	It is those comments though in that new note for Mr. Minard grabbed our attention today.
0:55.6	He joins us now, does Scott Minard in a CNBC exclusive interview.
0:59.0	Welcome to the halftime report.
1:00.0	It's good to have you on.
1:02.0	Great.
	...

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