The Two Opposing Forces on Stocks, Plus Inflection In Sight for VF Corp.? 4/14/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 14 April 2023
⏱️ 22 minutes
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| 0:00.0 | Right now on fast, earning season has begun and banks so far telling investors what they |
| 0:06.9 | wanted to hear. |
| 0:07.9 | But why did the rest of the market seem to listen? |
| 0:09.9 | We're going to dig into the opposing forces hitting stocks today. |
| 0:13.2 | Plus, it wasn't just the banks out with earnings today. |
| 0:16.0 | One of the biggest names in the S&D, also posting results this morning and despite the drop, |
| 0:20.8 | not one, but two of our traders still see upside for the stock, they're going to lay out |
| 0:24.6 | the case. |
| 0:26.0 | And inflection in sight, one apparel stock getting a big double upgrade today, sending |
| 0:30.6 | its shares soaring. |
| 0:31.9 | But one of our traders is hopeful the name has found support here. |
| 0:35.5 | I'm Sarah Eisen in for Melissa Lee. |
| 0:37.5 | This is Fast Money Tonight Live from the Nasdaq Market size in the heart of Times Square. |
| 0:41.7 | On the desk, we've got Tim Seymour, Jeff Mills, Aaron Persons, Steve Grasso, and Julie |
| 0:46.5 | Beale. |
| 0:47.5 | We're going to start with the opposing forces in the market today. |
| 0:49.9 | Big Bounce and Bank Stocks, after the first set of earnings reports from the group, JP |
| 0:53.8 | Morgan take a look, surging seven and a half percent. |
| 0:56.5 | That was its biggest jump since November 2020, that after posting record revenue even |
| 1:01.4 | in the aftermath of the banking crisis. |
| 1:04.2 | City Group also beating on the top and bottom lines, that stock up nearly five percent. |
| 1:07.7 | Other big banks coming along for the ride. |
... |
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