Closing Bell Closing Bell 1/15/26
9 snips
Jan 15, 2026 
Stephanie Link, a CNBC contributor and portfolio manager at Hightower, joins the panel to dive into the latest macro trends and sector rotation. They discuss the shift towards cyclicals and the implications of Taiwan's significant investment in U.S. chip production. Additionally, the conversation covers the strong earnings reports from major banks and the robust M&A outlook, highlighting investment strategies centered on quality financials. With retail investors making waves, Link shares insights on navigating the evolving market landscape.
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Earnings Buzz Masks Strong Fundamentals
- Earnings season can swing stocks sharply but underlying fundamentals matter more than headlines.
- Banks and consumer demand are strong, showing growth isn't solely driven by AI but also by consumption.
Rotation Toward Cyclicals And Small Caps
- Market leadership is broadening into cyclicals: materials, energy and industrials are leading while tech and financials lag.
- Small caps and value are outperforming growth early in the year, signaling a pro-cyclical rotation.
Be Selective — Buy Pullbacks In Uptrends
- Stay selective and use pullbacks in established uptrends as buying opportunities rather than chasing hot micro caps.
- Add to financials where fundamentals, steeper yield curves and solid balance sheets offer attractive entry points.