Closing Bell

The next two days could change the direction of your money for months, with CPI tomorrow and the Fed decision on Wednesday. Trivariate’s Adam Parker breaks down what is at stake. Plus, veteran energy trader Mark Fisher reveals his latest trades. And, Hightower’s Stephanie Link made a late-day move in the chip space. She breaks down that move. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks surging on Wall Street and rebounding from the worst week since September. Investors bidding up stocks ahead of a key inflation reading and the latest Federal Reserve decision on interest rates. A trio of big mergers also giving the bulls momentum. Wells Fargo Investment Institute's Sameer Samana isn't a believer in today's rally. He lays out the case for staying bearish and why this is no time to buy. Lazard CEO of Financial Advisory Peter Orszag explains why he thinks the Fed should pause its interest rate hikes. Plus, he discusses whether the acquisitions of Horizon Therapeutics, Coupa Software and Weber are signalling a big year for dealmaking in 2023. RBC Capital Markets' Rishi Jaluria discusses whether the $8B buyout of Coupa could signal more acquisitions in the struggling software industry. And Bitfury CEO Brian Brooks discusses Sam Bankman-Fried's testimony before Congress tomorrow over FTX's collapse and how lawmakers should regulate the crypto industry to ensure another failure doesn't happen. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

All three major averages finished at session lows after hovering near the flat line for most of the day. Now, investors are gearing up for a busy week ahead. Josh Brown from Ritholtz Wealth Management gives his forecast for what’s at stake. Plus, top technician Chris Verrone breaks down the three charts showing serious strength right now. And, Bank of America’s Francisco Blanch drills down on the big slide in oil. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks falling again with the major averages posting their worst week since September following a higher than expected reading on inflation. Canaccord's Tony Dwyer discusses whether this slow start to December will continue into the end of the year. Bank of America Chairman & CEO Brian Moynihan discusses what the U.S. needs to do to increase competitiveness with other countries, whether he thinks a recession is on the horizon, the outlook for the real estate market and much more. And Saks CEO Marc Metrick weighs in on whether he sees any cracks in the luxury spending market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Could the market actually be stronger than it seems? NewEdge’s Cameron Dawson gives her take on whether investors should bet on a new bounce? Plus, the FTC is taking aim at Microsoft and Activision Blizzard. We discuss what could be at stake for future mergers. And, Tesla tumbling recently – but one tech fund manager says now might be a good time to get in on that trade. EMJ’s Eric Jackson explains that take. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The S&P 500 snapping a 5-day losing streak, it's longest since October, as investors hunt for bargains. The FTC suing Microsoft to block its nearly $70B acquisition of video game publisher Activision Blizzard. Former FTC Commissioner Mozelle Thompson explains why this could be a tough fight in court for Microsoft. Lightshed's Brandon Ross discusses what will happen to Activision's stock if this deal is broken up. Commerce Secretary Gina Raimondo discusses how the government is deciding which semiconductor stocks will get money from the Chips Act and whether there are plans to expand China export controls on next generation chips. Etsy CEO Josh Silverman weighs in on the outlook for consumer demand amid increasing fears of a recession. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks stuck in a frustrating, directionless, no-movement mode. So, does your money have a real chance of getting anything going over the next few months? Sofi’s Liz Young gives her take. Plus, star venture capitalist Rich Heitzmann weighs in on the “new normal” for tech investors. And, Mike Santoli’s breaks down on market sentiment in his Last Word. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks struggling for direction on lingering recession fears. The CEO's of both Citigroup and JP Morgan raising fresh concerns about a recession. JP Morgan Chief U.S. Economist Michael Feroli says economic growth this quarter has been strong, but the odds of a recession next year are increasing. Bank stocks have been significant underperformers recent. Barclays' Jason Goldberg explains why he sees buying opportunities for the big banks, but Hennessy Funds' David Ellison is more cautious because he sees more headwinds for the banks. Cowen's Helane Becker discusses why she thinks airline stocks are oversold and reveals her top picks. Goldman Sachs' Jonny Fine weighs in on the recent decline in treasury yields and why he predicts we will never see the Federal Reserve raise interest rates by 75 basis points again. And Bluebell Capital Co-Founder Giuseppe Bivona explains why he is calling for Blackrock CEO Larry Fink to step down for what he says is "hypocrisy" over the asset manager's ESG messaging. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A fast-paced look at the after-hours moves and late-breaking news live from the New York Stock Exchange. Closing Bell Overtime drills down into stocks and sectors, interviews some of the world’s most influential investors and gets you ready for the next day’s action. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks sinking for a second straight day as investors continue to worry about a possible recession. President Biden visiting Taiwan Semiconductor's chip plant in Arizona after the company announced it is increasing its investment in the state's chip industry to $40B. Apple CEO Tim Cook announcing that his company will use chips made at that factory. Council of Economic Advisers Member Jared Bernstein discusses how many jobs this investment will create and how long it will take to help ease semiconductor supply chain issues. Goldman Sach's Luke Barrs reveals the two sectors he sees long-term buying opportunities in right now. Bank of America's Jill Carey Hall on why she is still so bullish on small cap stocks despite their continued underperformance versus the broader market. And Signet CEO Gina Drosos discusses the jewelry retailer's strong earnings and guidance and whether she sees any signs that consumer spending is slowing amid recession fears. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.