logo

Sell off

Share on facebook
Share on twitter

Stocks Plunge As Tech Names Like Apple Sell Off: CNBC After Hours

247 123 views | 3 Sep. 2020

CNBC.com's MacKenzie

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines, including the latest on Wall Street's big tech-driven sell-off. On today's show, CNBC.com's Brian Schwartz breaks down the significance of Democratic presidential nominee Joe Biden's record-breaking fundraising haul. Plus, CNBC's Brian Sullivan explains how much trouble lies ahead for the oil and gas industry in the United States.

0:30 — Wall Street Scoreboard

1:10 — Biden’s fundraising record

4:30 — CNBC Soundcheck (edited)

7:12 — Big Oil Trouble

11:00 — Numbers Round

CORRECTION At 7:18, this video misstated the percent of change in travelers passing through U.S. airport checkpoints. Based on data from the TSA, it was a 70 percent decline.

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online

Get the latest news: https://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN

#CNBC

mangaka7

STONKS

Rebecca Allyne

I made a few rather modest investments in individual companies There are so many stocks going to rocket in the long run... right now safe to invest in an ETF that tracks the S&P500 and ride it out. I put $170k into some growth stocks with a Financial advisor/broker handling my portfolio... some of my picks are, NVR, LISP.SW, SEB ,DOWJ, BRK-A, AAPL, NYSE, NASDAQ, TSLA, I've had a 110% increase so far this year , just felt to share ..

Allan Pattison

How can the market drop so precipitously? I just heard orange boy claim that our economic recovery is on the fast track. I've heard the o.b. say that the economy's success is shown by the strength of the stock market. Based on this market situation & by his own metrics, he's either wrong or not being totally accurate in his statement! 'Who'd a thunk it'!

1mezion

You can't believe everything Elon Musk says. And as far as these jobs are concerned who's getting these jobs I tell you I've gotten so cynical

AndyFromBeaverton

How much Chinese backed money did Biden get?

Eight Lives

Thanks for the update CNBC. Now I'll go check other sources to see if you are full of crap as usual.

Duane Youngblood at Be Wealthy 2

I talk to so many people who ask "Should I sell now since the market is up and down"? I tell them that investing in stocks is really not a short game. When you consider buying a company only buy it if you plan to keep it 10 years. What I mean by this is if you do not really believe in this company you are usually uninformed about it and are moving off some idea that someone told you or some other unintelligent reason. Buy what you buy because you believe. We are in a pandemic and this market will see correction soon. We will come out slowly, but we will come out. So buy and keep buying! And if you are in it for the short-term place a "stop loss" that allows you to be comfortable with your risk.

Gooloo Ggg

Beginning of Wall Street apocalypse ?

Akow

12:52 She means SkyNet! the war of the machine is close.

Maico Pinto

this people are ever ready to see every one down trying to bring one man down,,,The globalists are manipulating all this to frustrate Trump out of office but Trump is gonna be re elected then i wonder whats gonna become of all of us

Myrna Stallworth

She us so stylish. Cute top.

Itsá Asdzání

Hahaha, they're gonna use that jobs nonsense to get trump reelected. Ugh, fine, smoking gun that cinches the election. Jobs added? Elaborate.
Maybe higher productivity?
Look at employment among essential workers.
Companies need the employees they have rn. Plus turnover is always a factor. Covid has actually created jobs. Like war does. But we still had the financial after effects of the war that devastated the economy. So....what's next

Stefan Oliver

How can the number of people passing through check points drop more than 100%???

Philbob_D

I'll call the FED to get you some more free money..

Joseph Rollins

Gee I wonder why??? even after all those bailouts. hey go figure, can’t continue to make money with no consumers. Probably a good idea to start cutting more stimulus checks and increase that unemployment. Other wise we are looking at a modern Great Depression that’s if we’re not already there.??‍♂️

Itsá Asdzání

I'll drive my own car. Not one hooked up to a company's mainframe thanks

gregory still

As Trump calls it we're doing great we're doing fine look at how the market is we rebounded! All lies those of you who know what the term fiction is which is make believe you equate that to Donald Trump and you further have a clear understanding as to what he's about! Make believe unbelievable not truthful! Most of you dumbasses will still probably support him even though he's downplayed people that are handicap that are vets that are seniors that are police that are doctors as well as lawyers! And don't get me started on you worthless a whole celebrities! I'd like to meet you face to face and do a one-on-one!

Resilient American

For the love of Odin Joe, do not debate Donald. As a Democrat, deep within most of us acknowledge your memory is evaporating. Save us from embarassment.
????

mark fursdon

I used to trade on my own for a long time but I didn't got any profit ... So one day I decided to contact Expect Kevin Cischke I saw some good advice about and luckily we were able to be connected, right from that day was the moment I started earning profits from my trade. Since then I realized that there is a great benefit to change the way we do things most of the time.

Cosme Crispin

Why is this woman talking about the stock market with such a happy face like she is enjoying the market going down, she knows that the country’s economy goes down when the market goes down or she just hates America ? ?

Sturm breakers

Starlink AKA Skynet

Sandy Bayes

Sounds like a vote of confidence for Biden.

Jody BassefZEEDX Robinson

NO amount of money will help Hiden & Cuntmala win the election.

gregory still

I'd like to see more than just Apple tank believe that!

johnbeechy

Word is that trump will use some of the funds raised to run in 2020 for his legal bills,. State Charges for tax evasion are pending soon and there be some time in court Court TV is in talks to handle the whole thing but none of the proceeds would go to trump or any trump family member.,.. it will be interesting to watch the ratings for the Hearings and Court procedure Live PD will be still gone but here comes the Judge.. not Jerry Springer, although he is out there too //

Sheila Hairston

Biden/Harris needs to help the unemployed folk, jump on it-we need HELP. Build back better by letting us ALL get a real vaccine and supplying stimulus to ALL!!!!! We can get healthy and go back to work!!!!!!

Top 5...

??That random person who liked my comments may you and your parents live more than 100 years ?..

Wanna Be

Please wear a lower cut top and bleach your hair platinum.

spiloFTW

Man they sure are working hard to make Biden look like he has a chance :D :D I cant wait for Ivanka 2024 :D

chireac sorin petrica

Best Web-Design - Voice text Reading http://orablyro.com/1Sdu click continue to test it down

Shrew Inc.

To say stocks dropped is a lie ! Very false information. How does the ticker price changes drastically but no evidence!? Burn America

Timothy Deering

You can call added old jobs people are returning to

Alexandre Palazzo

Gasoline is needed to fuel planes? What planes, Cessna Skylanes? Please, lady, do your homework. You were talking about jet fuel. Querosene-based.

Richard Walling

Oh my God! The sky is falling! Evil Orange Man! Vote for China-Joe.

Gioxtream

IS SAD TO KNOW THAT I CAN NOT VOTE FOR BIDEN BECAUSE AIN'T BLACK.
I THINK I WILL TAKE MY CHANCES WITH TRUMP.

Jonathan Minaker

Bidens supporters are in the streets rioting, they're unemployed but happy to demand other people give away their money. These donations are not grassroots...common sense

Mrs Mary

Cleared my bills up with the amount I received on my PayPal account online from Maskoffweb.com service

Shaddowkhan

I never understood why campaign funding was so integral to political elections.

Tatenda Gutuza

Very Informative, thank you #CNBC !

johnbeechy

GAAP mandates that corporations cant use retained earnings, profits from prior years that have been already taxed, Upon current or future tax deductible expenses... so the entire Trump tax cuts for corporations lead to NO wage increases and all the profits not taxed went to the shareholders or to non tax deductible transactions - buying of competition, buy back of stocks, paying dividends, paying for non deductible portions of meals and entertainment... all that deficit and interest now due on that hand out to the shareholders and no GDP growth.. buying of shares does not add to the GDP but for the commission on the sale of the shares.

Learn GAAP and anticipate the shares to drop in price as banks remove coins to pay the farmers in october for the crop for the year...
// Learn GAAP, and that there is a high chance of the trump tax rates being reversed... tax rates do not change the margins in business so there will be NO loss in jobs once the tax rates go Up..

the so called Job creators cant even use after taxed profits from a prior yr on tax deductible wages without Bankers calling the Board to fire the CEO. basic grade ten accounting has GAAP in class, but does the avg high school dropout know the basics of grade ten before they drop out?? show them no mercy, pay the dropout lower wages and if they want the shareholders to have another tax cut, remind them that Jesus said, 'render on to Caesar' and the Constitution's article one section eight point one demands the collection of taxes for defense and General Welfare of united states. its in english so try and read it before they Burn the Constitution...

God Bless them hat in hand that render as per the Constitution, and per the Son of the God that is entrusted with each Dollar Bill.
May them that refuse Both, be meeting the virus for Purge and Be well procedures Purge and Be Well and Be Free

Teflon Smile

I'm waiting for Space X to offer trading options ???

AET Club

Safe and sound

joefunk76

A number that can only be positive (e.g., the number of travelers passing through U.S. airports) cannot fall by more than 100% because you cannot have fewer than zero, or “negative”, travelers passing through U.S. airports over any length of time.

rad narain

Dear America don't worry too much about Democrats and Republicans you have been sold down the river a long time ago

Done Deal

They just split that's all.

BAD battleAXE

TRUMP 2020!!

OutThere

5:37 dude has "Bad Blood" book on his shelf twice.

Styles

PEOPLE KEEP DONATING TO BLM...THE MONEY WILL GO DIRECTLY TO THE DEMOCRAT PARTY... ALSO BACK ANTIFA AND THE RIGHT TO PIECIEFULLY BURN DOWN THE DEMOCRAT CITYS...THANK YOU FOR REPORTING THE STOCK MARKET PLUNGE THAT THE DEMOCRATS NEED SO DESPERATELY...YOU BRING HOPE TO DEMOCRATS THAT ARE LOOKING FOR SOME GOOD NEWS ANYWHERE...

MegaCAPTAINCHRIS

Foreign government, and other big business donations laundried thru online channels. Let's see who these 'I don't want anything for these huge donation dollars', are.

FOO MAN CHOO

All of Bidens money he raised is clean Money, i mean to say freshly "Laundered", thanks Hillory.

2coryman

God The Father
Public
September 1, 2020 · Printer Friendly · Listen
Share on FacebookTweet about this on Twitter
Once again, I (Maureen) see a Great Flame that I have come to know as the Heart of God the Father. He says: "When you embrace a candidate, it is an outward sign of your approval of his agenda. Do not be tricked by political vocabulary. If the candidate proclaims to be a progressive, he is telling you to expect a loose conscience as to his concerns for the consequences of his actions. During this age when even law and order is up for grabs, you should expect a 'progressive candidate' to be irresponsible in bringing violent perpetrators to justice."

"The 'progressive candidate' in his leniency towards law and order will, in reality, threaten your freedoms. Take for example the term 'sanctuary cities'. These are in fact pockets of debauchery where anything goes. No one can be safe in such an environment. All common everyday activity is given over to mob rule. Do not vote such a mentality into political power."

"Defunding the police, the very ones who safeguard your freedoms and protect law and order, can be likened to teenage mentality rebelling against authority. This does not protect your freedom. It jeopardizes it."

"Be courageous and make courageous, mature and wise decisions when you vote. Do not vote your freedoms away. Vote to protect what you have as God-given rights. I have given you My Commandments. You do not need to be led by someone who endorses disobedience to Them. Your obedience to Me should be the barometer of a wise political choice and a worthy candidate. If you think freedom to sin is what you want, you will not choose wisely."

Read Wisdom 6:1-11+

Listen therefore, O kings, and understand; learn, O judges of the ends of the earth.

Give ear, you that rule over multitudes, and boast of many nations.

For your dominion was given you from the Lord, and your sovereignty from the Most High, who will search out your works and inquire into your plans.

Because as servants of his kingdom you did not rule rightly, nor keep the law, nor walk according to the purpose of God, he will come upon you terribly and swiftly, because severe judgment falls on those in high places.

For the lowliest man may be pardoned in mercy, but mighty men will be mightily tested.

For the Lord of all will not stand in awe of any one, nor show deference to greatness; because he himself made both small and great, and he takes thought for all alike.

But a strict inquiry is in store for the mighty.

To you then, O monarchs, my words are directed, that you may learn wisdom and not transgress.

For they will be made holy who observe holy things in holiness, and those who have been taught them will find a defense.

Therefore set your desire on my words; long for them, and you will be instructed.

+ Scripture verses asked to be read by God the Father. (Please note: all Scripture given by Heaven refers to the Bible used by the visionary. Ignatius Press - Holy Bible - Revised Standard Version - Second Catholic Edition.)

God The Father
Public
September 2, 2020 · Printer Friendly · Listen
Share on FacebookTweet about this on Twitter
Once again, I (Maureen) see a Great Flame that I have come to know as the Heart of God the Father. He says: "Children, if you are living in Holy Love day by day, then your choices in everyday life will be simplified. Issues such as the ones being played-up in this upcoming election* will be easily determined as good for the general public or a distortion of the Truth. Some politicians regard the Truth as the enemy and a challenge to overcome. The sincere candidate for any office safeguards the Truth and lives according to honesty. This needs to be the goal of all people and all nations. To choose otherwise and to compromise the Truth is to live a dishonest life."

"The Truth is always the embrace of My Commandments. Do not challenge this Truth by Satan's suggestions. You will be given opportunities to bring others into the Truth either by example or by distributing these Messages.** Pray for those who are so ambitious they embrace liberalism. This only impresses those who are already compromising the Truth. Some try to make the word conservative a negative word. In My Eyes a conservative is one who is not fooled by rhetoric."

Read 2 Timothy 1:13-14+

Follow the pattern of the sound words which you have heard from me, in the faith and love which are in Christ Jesus; guard the truth that has been entrusted to you by the Holy Spirit who dwells within us.

+ Scripture verses asked to be read by God the Father. (Please note: all Scripture given by Heaven refers to the Bible used by the visionary. Ignatius Press - Holy Bible - Revised Standard Version - Second Catholic Edition.)

* U.S.A. Presidential Election on November 3, 2020.

** The Messages of Holy and Divine Love given by Heaven to the American Visionary, Maureen Sweeney-Kyle.

God The Father
Public
September 3, 2020 · Printer Friendly · Listen
Share on FacebookTweet about this on Twitter
Once again, I (Maureen) see a Great Flame that I have come to know as the Heart of God the Father. He says: "During these tenuous times, I urge all of my children to pray for the conscience of this country.* People of power are trying to erase concern for others and to change the heart of this nation into a nation which does not see the consequences of their actions. People think by pursuing unwarranted violent protests they are changing the nation for the better. In fact, they are being led by evil to choose violence over law and order. These protests are politically motivated. While the protesters think they are helping others, they do not look ahead to see the long-term effects of such social disorder. This disorder lays the way for a leader who on the outside may seem to be the solution but has a hidden agenda of evil once he attains power. Still others may seek office but are only puppets of evil control."

"Pray, children, that the heart of this nation receives spiritual insight as to what and who is inspiring this unprecedented violence. This is a call to recognize the Truth of who is instigating all this disorder."

Read 2 Thessalonians 2:9-12+

The coming of the lawless one by the activity of Satan will be with all power and with pretended signs and wonders, and with all wicked deception for those who are to perish, because they refused to love the Truth and so be saved. Therefore, God sends upon them a strong delusion, to make them believe what is false, so that all may be condemned who did not believe the Truth but had pleasure in unrighteousness.

+ Scripture verses asked to be read by God the Father. (Please note: all Scripture given by Heaven refers to the Bible used by the visionary. Ignatius Press - Holy Bible - Revised Standard Version - Second Catholic Edition.)

* U.S.A.

God The Father
Public
September 4, 2020 · Printer Friendly
Share on FacebookTweet about this on Twitter
Once again, I (Maureen) see a Great Flame that I have come to know as the Heart of God the Father. He says: "Children, always pray for Truth to be the victory in any election. This can only be possible if throughout life each candidate would live out his life as a soldier of Truth. Conflict is the bad fruit of war between the legitimate and the non-legitimate."

"Once again, I address those who do battle with words. The term 'racism' has been puffed up into instant conflict even violence. The differences between races can only be resolved peacefully to be long-lasting. Violence must not beget more violence. I support peaceful protests. These days, it is in vogue to look for an opportunity to state any position with violence. Do not allow yourselves to be manipulated into conflict by those who use the media to incite riots and weaken your nation.* Society must not be war mongers, but based upon peace - the civilized sign of Truth. In the end, riots bear the fruit of lack of security and loss of a positive, civilized identity. While there are differences amongst people and nations, please allow Me to be part of the solution through Holy Love. This is the path to dignity and peace."

Read Hebrews 12:14+

Strive for peace with all men, and for the holiness without which no one will see the Lord.

+ Scripture verses asked to be read by God the Father. (Please note: all Scripture given by Heaven refers to the Bible used by the visionary. Ignatius Press - Holy Bible - Revised Standard Version - Second Catholic Edition.)

* U.S.A.

Hang Dinh

I worked for one of the biggest health insurance company and all travels and company meeting have been cancels and shift virtually until July 2021....Thank you Trump for the out of control pandemic and life disturbance...not counting all lifes ongoing lost, recession economy...

junglist1soldier

Nice how politicians can raise millions of dollars while, the rest of the country is struggling.

OFF-Grid HillBilly Style

Want to know one of Joe Bidens Funnels ??
Type in Antifa.com you'll be surprised.

Critical Thinker

I completely agree with you water, food, shelter and security first, no argument here. Everyone can’t afford gold I get it, silver is a great affordable alternative to exit the devaluing enslavement dollar is the only point I’m making.

Matthew cunning ham

All part of NWO illuminati controls abolish the fed we demand gold backed dollar

Mike Morrell

FYI, Sleepy Joe doesn't Instill confidence.
I would sell off now, but I don't think he has a chance at being the president.

Sniped 223

Biden has robbed these people for campaign money

quartytypo

Mixing politics and finance, drives away customers like the NBA.

Itsá Asdzání

Depending on who gave to Biden may determine how many popular votes he gets

Ben Franklin

Is it true Apple has supply chain problems with its IPhone 12 so it won't come with high refresh rate screens and will be delayed?

Mary Dong

Vote Trump -Pence 2020-2024 ??????

yankee way farms

Every one sold shares quick.

Nick Hornberger

Could give Biden 5 billion he's still shxx

Erin S.

Curious how the most profiting companies during the epidemic had stocks fall. The epidemic isn’t over but stocks are falling. Hmmm.

Aaron

too much Marketplace: After Hours!
value the views CNBC or youll start pushing people away with too much content.
i personally liked waiting a few days between AfterHours videos.

Ron Krikorian

Omg! The fed needs to put $ 5 more trillion in the mkt!!! Skyrocket the National debt!!!!!

j b

Elon plan is to take over the world and enslaving everyone.

Sherrill Thomas

Who is this IDIOT pretending to be a reporter? I bet she is a blonde!

Υu Tsee

They have a car coming out. Great. Go AAPL. But will mall kiosks extend product lines to windshield protectors ? Oh, and will rain exposure void the warranty?

kirk kopak

A Jeep Wagoneer costing $100,000... welcome to 2020.

Barry StClair

Black Life’s Matter. Raised Him over 50 million ?‼️‼️???

u rico

13...I m bad number!
666... no I'm horrible number!
2020...ha ha ha ha ha!!!

Rick Whiterock

That's the problem, Biden says. You know donations came from his big libtard donators.

Parismiami2020

Where’s CORNPOP??

Itsá Asdzání

Government gonna dump USPS on Amazon. Then will trade in USPS for running the oil and gas industry. They will have to. Teslas looking into getting into the transportation industry, so they will look at planes, cars, trains. This is the monopoly game. States will have an advantage though because they have direct control. This is the same for the tribes. The government will have to negotiate with us.

Eternalwarpuppy

People need to take their money out of political campaigns and put it back into the NASDAQ

Sweet Lil Devil

Yeah, but in all fairness people who are donating to BLM don't realize they're donating to Joe Biden. They think they're standing to a stand alone organization but it's really being given to him. And there is no way that during the pandemic, slumping economy, and record job losses that most of the money is coming from "grassroots" -- You guys may accept Biden's word for it but I don't. Sorry.

Truth be Told

Face book will ban political adds??
I think it’s time to ban Face book!!

Maico Pinto

out of chaos comes an order the doom of many in this business is the boom of others everthing to me seems to be manipulated to force too many people to sale

Bay Work

CNBC rooting for Biden, just the way they did for Hillary. Fair journalism, anyone?

Fast finance news

which stock we should buy if he wins precidency

Chris Beckner

How does something drop more than 100% compared to prior?

J M

It actually came up a lot eod

Tiffany Pool

Celebrate yay stocks are down oil in trouble yay! Celebrate it sucks we love it when it sucks - so say the msm

Janet Robinson

ONLY THE RICH CAN BUY STOCK SO THE STOCK MARKET IS FOR trump and his rich friends

Boyd Gilbreath

The stock market is fake. And it's owned 85% by the rich and big business. If the corporations buy back stock with taxpayer money to get the stupid numbers up, they will come down. If the market is up trump takes credit for it, and equates the market with the economy. If it's down, trump takes no responsibility and says it will come back up. The stock market being up in a depression is more than amazing, it demonstrates that the stock market is really a joke.

Daniel Duerst

Keep the Lying alive with Biden

E morris

Bidens record fund raising is all those BLM donations. lol

Blood & Gold

MAYBE FAILING OLD MAN BIDEN CAN GET A NEW BRAIN?!?!?

JaWBReaKeR 707

Yeah, 95% from grassroots; the same roots that you see in the thousands at every biden campaign rally. 6. I meant 6 roots.

Vladimir Olegovich

Time to shower stock market with another 2 trillions.

Mike Woodruff

Funny how the tech company stocks sold out recently and Biden had this big fundraising
#Defundthemedia

Itsá Asdzání

Yall know Tesla and Trump are working on something for their space force....

Toney's Reviews

"follow the money to figure out where corruption lies"

Mark V.

Didn't some anti-trust stuff just happen with google recently? I've seen people comment about the same with other tech companies, so I thought this was related somehow.

BorsicksChannel

They are coming for our fuel our cash our children our business our private property. This is WW3. Biden is the Communist/Globalist meat puppet . We will all be dead soon if we dont eliminate tyranny of lockdown and global reset

Judy G

It doesn't take rocket science to want to vote for Biden. He is a decent man with experience. He cares about the middle and lower classes. Its not about him and rich elites. He is a real Christian, not a hypocrite. He feels empathy, respect and love for the American people. Thats to the person who wanted to know why I would vote for Biden.

M C

so odd to hear bad news in such excited voice

j b

Airlines are violating personal human rights, using the pandemic as an excuse.

Sell off

Share on facebook
Share on twitter

Apple's fundamentals haven't changed: Analyst on sell-off

9 081 views | 3 Sep. 2020

CNBC's Kelly Evans

CNBC's Kelly Evans discuss why Apple shares are on pace for their worst day since mid-March amid the overall tech sell-off with Tom Forte of D.A. Davidson and Tim Higgins of the Wall Street Journal. Subscribe to CNBC PRO for access to investor and analyst insights on Apple and more: https://cnb.cx/3dIH56N

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

Get the latest news: http://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

For info on the best credit cards go to CNBC Select:

https://www.cnbc.com/select/best-credit-cards/

#CNBC

#CNBCTV

Alex Chu

Apple is under value if its share price is below $125.

bagondreamer

fundamentals didn't change while the stock soared higher so why wasn't this mentioned back then. hypocrites

August

Fundamentals didn't change much for Apple on the way up this year either lol

ednan9

Someone should tell this fool that 5G is only useful if one is mobile and at home when one can use their wifi

Rob T

Aaaahhhh booo- hoooo

Conifir Ott

5G probably about 4 years away?

Interesting videos

I hope the stock market tanks

V B

Fundamental hasnt changed. Its the same as last year? Only price is up so much

Jack Rodgers, Jr.

Could it have anything to do with Apple’s donations to BLM and other terrorist groups? The product is still great. Sales are great. So why are prices dropping? And who cares? It’s a bunch of gamblers who panic and sell low. Gamblers no sympathy...

Andy Mac

Geez that new iPhone better solve world hunger, trade with China and cure COVID... cause if isn’t the share price is going to tank

Leon Yi

Yes the stock has appreciated significantly

skyak

Kelly is fishing for someone to say Apple will decline with Covid-19 fears but getting no bites.

I sold 100 shrs to buy pref. shares at half price in the panic. if AAPL goes to $80 they will be back to where I trimmed. If it goes to $160 I never should have trimmed.

Mark

Over-analyze much? Tech went up way too fast, it's simply correcting now.

Sell off

Share on facebook
Share on twitter

Josh Brown on what investors should do in market sell-off

52 411 views | 24 Jun. 2020

Josh Brown, Ritholtz

Josh Brown, Ritholtz Wealth Management CEO, joins "Closing Bell" to talk about what investors should do in the market sell-off.

For access to live and exclusive video from CNBC subscribe to CNBC PRO:

https://cnb.cx/2JdMwO7

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

Get the latest news: http://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC

#CNBC TV

Yusuke Urameshi

Always buy the dip. The fed will print money eventually. Just be prepared to hold awhile. All the people who bought the dip in March are not regretting it now.

J Hodges

I'll knock myself out when this market corrects to fair value. 10,000 Dow 800 S&P

hill poll

Buy Cardano

Ken Havens

If you are a professional trader you need to be in there a lot.

noah mccormick

Hahaha big mouth Josh always w the last word

A. Ali

This Girl always talks to day traders .... there no ? million day traders - Josh is talking about my older hard working cousins ..... whats the matter with this Girl ..... she always talks like sun ☀️ never sets ......people like this created 1987 2000 2008 .... keep swinging eyes closed ...

R Re-group

G O L D

Cory Lu

We already know the feds set the floor to 3000 on the SPY. The market is pretty predictable actually. GDP results will be up tomorrow (numbers will be skewed ofc to make it look better) and the market won't really move much because : 1) it's already priced in. 2) Even if there is a significant drop, Jerome Powell will just make an announcement about purchasing equities. It's really all up from here because the US doesn't want to be responsible for a global depression. So I'm expecting a green day tomorrow

Steph George

Buy puts sell calls

Harry Hicks

Don’t get ripped off by the rich. Don’t get ripped off by the brokers. Don’t get ripped off by the stock markets. Don’t get ripped off by the corporations. They ripped me off. Played me for stupid. Never again. It is how they make their money. Hello!

lai vincent

If u don't buy then eo panic selling
So many uncontrollable causes to burst the bubble
When u lost money these advisors wouud have collected their pay for speaking in favor
A gain is only when share are sold

Farnandez Luis

The pandemic has thought us the importance of side hustle. Many people has gone in to trading, beginners should be aware that theirs is no guarantee for success and the easiest way to start up is to trade with a reliable professional, someone like Ms Natasha Anderson to guide them through their early stages and increase their chances of making profit.

Uncle Putin

Sell! Sell! Sell!

Connor McCullough

Comical. These guys are clueless just like everyone. Two or three weeks ago they were selling everything but some big tech, they literally said that on live tv. Stfu

toology55

Panic

Marcus K

Another cruel Summer for stocks? They say there's a lot of money on the sidelines and I have dry powder too, if there's a significant dip.

B H

Love Josh Brown

Ron Montoya

The markets are going to take a dump...people are going to lose it all. The Top 1% will reap the benefit. The dummies will always lose their asses. That's why I never invest in stocks. We will always lose.

Steven Messina

Sell American - Fed fueled asset Bubble on steroids - third world handling of a pandemic at 25K new cases a day - Americans cannot control - Americans cannot go to EU anymore - kinda of an embarrassment right? negative interest rates coming - buy gold or emerging markets, guns, Hardened shelters

nakedshadows

She’s very very pretty

Ron Krikorian

Don’t worry! The Feds are printing more money everyday and putting trillions in the stock market! They give the greedy corporations billions & give U crumbs! The Feds say they’re giving 2.3 trillion dollars! Instead it’s not even 150 billion! Give each person the USA $150,000.00 NOW!!!!

MannyScoots

If you invest in this market your are prone to loose. Antibodies testing is a failure, they already see antibodies dying inside their new host which means a vaccine will be far away .

john butler

Dont do anything and watch your pensions get desiccated.

Wjpea J

Have fun?

Olvin Fuentes

Inverse velocity

PointingOutObvious

My stocks are cursed, the companies either make me money or go bankrupt.

Mo A

I posted this in another video, so i'll do here too because Josh is wrong;
1. Tourists are an extinct species.
2. Restaurants are making 90% less revenue if any.
3. Sports events are cancelled, consider how many nightly games there were both at the pro and minor leagues.
4. Airliners have 70% of their fleet parked.
5. Conventions and conferences are extinct.
6. Shocked consumers will spend less for at least half a decade.
7. Upcoming bankruptsies to follow Hertz
8. More civil unrest as unemployment / divide grows.
9. Recreational parks and entertainment closes.
10. Empty hotels
11. Record unemployment, which I suspect will get worse given the above list.

Each of the list above all have an ecosystem around them which also affect the economy. So how the eff is the market doing better than last year today? A huge collapse is coming even with the fed ponzi scheme... maybe a stagflation?

Even if we were to cure covid19 today, so much damage has occurred to business and employees, not to mention the consumer psychology... it'll take us a long time to recover... guys the economy stopped haha, let's be real.

M H

He's like don't do anything because I want to recover my losses from March...?

thinkabout

When is the hell are we going to realize that Trump is controlled by Putin?

R

I agree with Josh, but sadly you do have to swing the bat every single day at many commentators for selling misleading and outright lies to the viewers for the sole sake of serving their personal gains.

steve pereira

Here’s another con artist telling everyone his bs. These guys don’t care about YOU!!

Erwin Lbj

MY FATHER DONALD J TRUMP....................... AND SENATOR ERWIN TRUMP................... ( SENATOR WILAYAH INDEPENDENT )..................................

Eric Anderson

God says to own gold, that what you should buy in a market sell off.

Morgan Sandoval

People are going to gold and silver

Big Murff

Wait for a double bottom. Looking for prices to move more towards March lows

ALEXANDER CROKOS

Investment advice from a guy/firm who took out USgov bailout loans!

David Paul

Buy Gold...a good stock is Kinross Gold Corp (undervalued) KGC or K

Trevor Johnson

Crash or no crash i still make maximum weekly huge profits from the stock market, courtesy of my broker, Samuel Barth, he’s such a genius

Comedy o'connor

‘Sure.’ LOL

Tudorinc

Virus ! Biden !!! China !! Clouds !! Protests !! Yawn

Shanon Hudson

She's hot and smart

David Strong

Go Josh Brown !!

All American Dream Chaser

The SEC needs to step in and do something about this.

Ken Havens

what does " the most popular age to be even mean ??? Do people with they were 29, do we have more 29 years olds than any other age bracket...that needs clarifying.

Patrick Crotty

Yeah, Josh we are too dumb to outsmart the market...but smart guys like you who apparently needs government support to bail out your business Ritholtz and to cushion you from 2 or so months of losses are the ones who are more intelligent than us stupid retail investor guys. Please Josh, tell us the nuances and intricacies of getting a PPP loan to bail out your stellar hedge fund. If you are so smart about the market and on tv then why did you need a PPP loan? What a joke!

San Bruno

PROSPERITY
BONANZA

ba papapa

Oh and before it’s to late buy august puts on Disney at 100 strike

1337Mauro

Do nothing about it.... is a joke even if you are a long term trader
Ex: from the past

If you bought SP500 at near the peak (before the crash) in either 2000 or 2007 would have taken you at least >5 years to recoup your loss or to be net-zero. So for 5 years, you would be likely to have made zero profit.
Do nothing is not a strategy.

mraso30

Maybe Josh should think about the demography of 25 to 35 year olds being broke, and baby boomers looking to cash in at the top of the Ponzi scheme that is the current housing market. Millennials are all waiting for the crash, when they can actually afford a home.

zhanyun liu

It is the best time to buy discounted stocks when market is bad and people are panicking. During this kind of time, never think of overvalued market. If you do, you will be the lone missing it.

rmiddlehouse

Don’t get out of the stock market when valuations are highest ever, we’re about to get the evidence of the worst economic performance ever witnessed, government stimulus is about to run out, and hospitals across the country are filling up due to an uncontrolled pandemic. Unless you’re Warren Buffett, apparently, who is hoarding cash. Instead listen to this guy, who sounds like Jordan Belfort’s protégé.

manaohar samtani

The fed cant afford another shut down. More cases because of testing. Unemployment very high and if economy tanks again the Fed won't able to do anything.

AJR007

Wow Josh knows everything. I guess that’s why he’s on tv Blessing us with his knowledge.

Agenda2020

Fed pumps no more mony in the system lol, all shortsellers want to have justice haha

Felix F

Keep buying the dips boys Jerome has the unlimited money cheat code, which means limited downside unlimited upside.

Bud Anicca

Noise noise noise noise and more noise

christian

I love your advice. "you don't have to swing everyday" This is what i do and i'm up 70% in the last year. #goldsilver

LINDA WATI

I sold everything. Clear portfolio now.

Cauli Jutsu

What the PE ratio now that there’s a sell of, 40? Lmao brrrrrrrrrrrrrrrrrrrrrrrrrrrr

manaohar samtani

The cases are going up because of more testing.

George Pagotelis

RULE 1: PRESERVE CAPITAL (don't lose money).
Does this guy and Kramer really think this is sustainable?

Des

I have in my bank USD $8,560,022. SHould I invest now?

yolo L

Scary market, cause you can wake up one day and all your money is going down so fast you won't have any time to jump ship.

what everybody should think about

You can't people afraid to wear their jobs are where their money's coming frombeing worried about a virus or getting pulled out of their car and beaten to death why the cop stand and watch

ZFR Music

The Florida numbers kinda foreshadow what the market willd do. Corporate bond price to earnings ratio was already low before the pandemic.

Andre Nunes

I'm just chilling with index funds in my portfolio. It goes up and down.

Kid Victor Reacts

“Don’t tell that to the day traders” lol what? Like he said, different crowd

BrewsandBass

They were just praising the Bull yesterday. ?

Larry R

Me- 2020 OMG sell everything Covid-19 is ending the economy.!!!!!

Me-2045 Really bro you F---ing idiot. Yeah I will stay put and stay on pace. Thanks 2045 me. One last thing 2020 me. Play 8-17-26-27-29-46. You can thank you later lol.

ryan

“Make sure you keep holding the bag, dummy”

Alice Cooper

2:55 Here in Northern Utah $500k homes are selling like hotcakes. I read the comments on other sites that say the same thing in many parts of the US.

D A

The thumbnail is priceless.

Investor Center

I love stock market crashes. They allow me to buy great businesses at cheaper prices!

Liberty Springs

Big money might be rebalancing from stocks into bonds for end of quarter

Bob Crane

As to what to do when stocks fall? Take a straight edge ruler and mark a line on your chart, if it falls below it's long term up trend sell it; you can always buy back when it's safer. As to housing demand, why would anyone buy a new house (presumably more expensive than where they live + closing costs) when there is underlying uncertainty. Yes, the US will recover; but the company doesn't care about you and the economists don't either. Heck, mass layoffs usually result in an increase in stock prices. Just because banks are lending and rates are low, you want a 95% chance of having your current job if you want it 5 years from now. Otherwise, new house is too risky in many cases.

Adventures With Duncan

Dang little rough on the newbies,?? Not good your giving all your own plays. Silence is always best. ?

Turtytreeandaturd

Answer - nothing

miller charlie

Short answer: sell first, wait too long you’ll lose big...if you’re late better ride it out than sell low

dksone

BTC

Deester Reachnitz

?️?️?hmm?

Dibsy Loumae

It’s very simple -GET. OUT OF THE MARKET

Ted Dibiase

Despite the stock tumble, is it weird I can still pleasure myself to Sara?

Harry Hicks

Government bailed out the corporations but it is never enough. Now they will steal whatever they can get their greedy fingers on.

Sarah

Sell.. sell before shutdown coming.

Utopia

I think if the market corrected to fair value it would better for everybody in the long run not sure why the FED puts policies in place that seem to me at least to promote risk.

SONNY da CUSE

Market will CRASH???

David Suh

How about sell now....wait till market drops and go back in.

Marshall Peschell

This dude sounds scared. Hopefully he won’t be brought back on any show. Why in the world would you not screen him before putting him on. Do better

Justin B

Hold tight

Paulo Gouveia

How about tell people to get out of all this junk and protect what u have with gold and silver and go to sleep and wait and see

ba papapa

Buy VXX calls when VXX is below 35 and sell near 40