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How the Mighty Have Fallen, and the Skinny on Lilly 8/7/23

CNBC's "Fast Money"

00:00

The Market Follows Higher the Mega Cap Tech Stocks

If you had told me on July 20th that by August 7th, both Microsoft and Apple would be both down 10% from the all-time high, they said, okay, Guy, where's the S&P 500? Yet here we are at 4520. I think it's a matter of time before the broader market catches up to what these mega cap stocks are doing. But today anecdotally, outstanding. Do you think so, Karen? Well, I think I would have thought the market lower, but I think this is much better action.

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