CNBC's "Fast Money" cover image

Markets Snap Three-Week Win Streak, and a Big Bullish Call on Live Concerts

CNBC's "Fast Money"

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Is There a Rising Tide Lifting All Boats Market?

i think what you've been seeing under the surface for a little while is actually some weakness being massed by the strength and technology that carren was alluding to. If ifyu just look at the s m p 500 as an example, less than 50 percent of stocks trading above the 50 days. So this is no longer a rising tide lifting all boats kind of a market. I think investors are really looking for fundamentals at the moment. But i i will just say one thinga, i think the retail sales numbers um some of the data we got today, it's generally encouraging to me.

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