CNBC's Closing Bell
@CNBCClosingBell
Closing Bell hosted by @ScottWapnerCNBC airs live Monday-Friday at 3PM-4PM ET on CNBC. Taking you through the most important hour of trading and beyond.
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http://closingbell.cnbc.com 24-02-2009 18:16:14
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Signs of a pullback ahead in the charts? 'This is not a bear market. This is a correction within an uptrend,' says John Kolovos, CMT, CFA. 'Ultimately, I think that there's risk to 4,800 [on the S&P].'
$GOOGL shares soaring after last night's earnings beat, with the stock set to close above a $2T market cap for the first time ever. Alex Kantrowitz reflects on the quarter and what lies ahead:
Is this snapback in stocks here to stay? Cantor Fitzgerald's Eric Johnston, @invesco's Brian Levitt and Payne Capital Management's @courtneydoming weigh in:
'So the firm landing is here, in my opinion,' says Joe Terranova. 'The rest of the world is experiencing a disinflationary trend that ultimately is going to get exploited here to the United States.'
'There are catalysts in the next couple weeks...to see really what March inflation looks like. But I think the earnings backdrop has actually been very supportive,' says Thomas (Tom) Lee (not drummer) FSInsight.com. 'As painful as the last couple of days have been...I think the risk-reward's positive right now.'
$GOOGL reports earnings tomorrow after the bell. Doug Clinton says this may be a 'Meta-like year of efficiency' moment for the company:
$META set to report earnings after the bell. Here's shareholder Doug Clinton on what to expect and what he'll be looking for going into the print:
Here's why Anastasia Amoroso thinks 'even if the Fed does stand pat, this could be a supportive environment for stocks'