'Positioning unwind' is behind the overreaction to the job report, says NewEdge's Cameron Dawson

Keith Lerner, Truist Wealth co-CIO, and Cameron Dawson, NewEdge Wealth CIO, join CNBC's 'Closing Bell' to discuss the latest market moves.

[@enolachastang]

Well, I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered and I don't know where to go here out of devastation.

[@enolachastang]

@lasandra-h1v I’ve been down a ton, I’m only holding on so I can recoup, I need help, who is this investment adviser that guides you?

[@enolachastang]

@lasandra-h1v Thank you for this amazing tip. I just looked the name up and wrote her explaining my financial market goals.

[@BeedGee-wb7ci]

Hey, I want to start investing but don't know where to begin. Any advice or contacts for help?

[@MibgDfs]

It's wise to seek professional guidance when building a strong financial portfolio due to its complexity.

[@GihfDunv]

Talking to an expert like Anna duke to reshape your portfolio is a smart move.

[@LuisJaphy]

Same, I met Mrs Anna duke last year for the first time at a conference in Manchester, after then my family changed for good. God bless Mrs Anna

[@Noah-wg9rt]

Investing $15,000 and received $174,000

[@AspasRodriguezMikel]

YES!!! That's exactly her name (Mrs Anna) so many people have recommended highly about her and am just starting with her 😊 from United States

[@FEDD]

Cameron says a lot without saying anything at all.

[@PopTartLee]

Where's Tom freaking bankrupt my grandma Lee...lol.hahaha 😂😂😂😂😂😂😂😂.

[@lidam]

He is always bullish whether we are 30% down or 30% up. I have watching him since 2021. Downturn he was bullish. Bullish bullish bullish 😂

[@Patriciacraig599]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@AliceHh_]

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

[@PhilipMurray251]

This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

[@AliceHh_]

I did enroll in a handful of trading classes, but they didn't help much. I've been advised to seek the advice of a competent financial counselor; how did you go about doing so?

[@PhilipMurray251]

Julia Hope Marble, Just research the name.

[@user-3456rtu]

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

[@ASimpleGoodLife]

It’s hedge funds selling ahead of TCJA expiration in 2025. Berkshire is doing the same. Would expect selling to accelerate through September.

[@cozyslor]

No one loves Sully more than Sully.

[@ML-iz9cc]

Always pumping the market

[@Dyk949]

What is the best way to make money from crypto trading?

[@ThomasCallaway232]

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto professional.

[@ThomasCallaway232]

The professional is Ms Olivia Harlow

[@Mariojordan22]

Crypto is the best future where people make money and generate good returns.

[@user-dm2lo1iu4v]

There's literally no restrictions on her platform. I am equally investing from Australia

[@mercelesandaniel]

This sounds very good. How do you do that? I am interested, how do i go about getting started?

[@jacqueslucas8616]

Yen carry trade unwind is reduction in liquidity…..so liquidity must be replaced….where will it come from? Fed?

[@JamesCalabrese930]

We are in a strong Bull-buy dips

[@localbraddah07]

Cameron's voice soothing to the eyes!

[@chiquita683]

Facts

[@GreyLooney111]

Another 38% to goooooo 🎉🎉🎉

[@sheepman6291]

Downplaying the Jobs report. lol! Intel laying off 17000 employees.

[@southrichmondtofl]

apple has all but stopped using Intel - ultra hard hit I imagine.

[@dennism7909]

Nobody wants there chips amd and tsm leaving intel behind

[@Bsb0830]

sheepman6291@ stop. Intel should have went under years ago. How are all the chip makers hitting all time highs but Intel hasn’t significantly move up in years?

[@SirGenesis206]

I accept all these gifts the market is bestowing upon us. Find your supports and price targets, buy good sh*t and enjoy the typical fall season.

[@msdinba]

For traders yeah. Tech has not let us long term holders down. Tech takes patience. AI is a new technology. The earnings numbers are good.

[@JosephMcMackin]

The Greed of the free world is over! The waste of precious time and resources on weep ons is about to destroy most of the planet! All the highly educated have flunk life!

[@refham]

If Powell's just going to read the lagging indicators, he's better off leaving it to A.I.

[@hichenchen]

you said exactly what i would like to say

[@oates97]

Sold off to the 50sma? Idk I’m seeing 100sma

[@gfxvfx2493]

Fedup with fed

[@TedfordKnives]

Do the opposite of what these bought and paid for pumpers tell you to do.

[@RegularLife-E]

WHAT kind of jobs?

[@chiquita683]

Capturing migrants?

[@rh3108]

Black jobs

[@Juddalan88]

Panic today was crazy, NVDA firesale! Buy!

[@sheepman6291]

Gold is at $2442 not over $2500

[@sheepman6291]

@@adamtatusko Thank you.

[@astrogumbo]

its about dis yen yak carry trade tell. me.

[@gezenews]

"little bit of a market overreaction" jesus christ you can barely even say it with a straight face.

[@harlyslamm2888]

Talk about an over reaction! The market will be up next week

[@BobbyDon8]

SP500 will dip to 3500 this year

[@harlyslamm2888]

@@BobbyDon8 right, all of this while the Fed cuts rates, earnings growing at 9% and GDP is averaging growth at 2.5%….but yeah sure, we are heading into a bear market

[@BobbyDon8]

@@harlyslamm2888 GDP growth in the past doesn’t mean anything. We are currently in a recession.

[@BobbyDon8]

@harlyslamm2888 The average decline in the S&P 500 is 20% after the first rate cut.

[@harlyslamm2888]

@@BobbyDon8 are you dumb? GDPNow is tracking GDP in real time for this qtr, and it is 2.5%! This a reaction to high valuations nothing else, ISM services next, a good number will reignite all the bulls

[@rikmeistr46]

Mostly in the information technology area

[@illegalsmirf]

stonks only go up BTFD

[@PopTartLee]

Fire Jenny Horn....she slurs like she Drunk 😂😂😂😂😂

[@gezenews]

Asset bubble

[@allsportsexpert]

Why do traders unwind yesterday and today? It is because the worst is yet to come. Today 114K new jobs will be revised down further just like other recent months.

[@1rareHuman]

Thanks.. super thanks 🫡