The War Trade is On – But Broad Markets Shrug

Defense stocks, cyber names and energy plays all rallying in a big way on Monday as the Russia/Ukraine conflict wages on. But despite closing well off their lows of the day, the broad markets were essentially flat. The traders break down what this means for the market. Plus have COVID fears been put to rest for good in the market? Fundstrat’s Tom Lee joins to tell us why he thinks stocks may have put in their bottom for the year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.