What Walmart Earnings Could Mean for the Market, and Two Takes on Meta’s Momentum 11/14/22
CNBC's "Fast Money"
00:00
What's Your Would You Rather?
The S&P is about 300 points below its August highs. The percentage of stocks that are actually trading above their 200-day moving average, 56%, is higher than what we saw when the S&P was 300 index points higher in August,. So under the surface, the average issue is demonstrating leadership versus the top of the market. It's very reminiscent to what we saw in the 2001-2002 bear market. We think this is headed 15%.
Play episode from 11:02
Transcript
