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Dow’s Major Swings

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  • Description

    FBN’s Nicole Petallides with an analyst’s insight into the Dow’s triple-digit swings in recent weeks, and his market outlook.

  • Duration 1:38
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-- my stocks -- off their lows but still really -- That's right we aren't -- and as we're getting ready to go on or just a few seconds -- keep looking around what you.

Looking out on the big board what number did you need to taking -- to make your next -- Well I'm always looking at US and 500.

He has an expert I'm also looking at events in the -- and I pretty substantially.

And one of the things has been prompt for people who really trying so this market weakness and never silicone market.

With a big trading down in these levels until we get it up about when he I don't think you're -- see the dramatic selling blow up.

The -- above its money just like before making big deal that was about fourteen today yeah exactly how to I have to get there we see some real price action.

And make this market and so that's what we have right now we have complacent markets and that's where you CBS and Q raged on right now.

We dug deeply dug in his heels pretty substantially if you want right announced -- 57 cents.

-- I understand that we are in a tight range which we are.

How are we are seeing hundred points like I mean Friday we -- a hundred -- -- we've had multiple.

Hundred point days the last several things -- -- -- -- with wooden performance was so go up and down so.

What -- buyer or seller for the most part we have to wrap -- I back and actually I'm actually bearish at this point we got -- -- -- board level around which 95 right I think we're due for correction some of the work in terms of thirty breakdown.

So I'm very cautious very you're limited -- -- -- are you hearing that right market internals start to break down somewhat bearish back to him.

And we thought -- -- -- for the guy it was just caught in the call we actually think he was looking for a big old number but I --