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Wall Street Unplugged - What's Really Moving These Markets

Ep. 77 - It's Time To Take Profits

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Commodities, Investments, Economics, Trading, News, Stocks, Oil, Uranium, Business News, Crypto, Investing, Crisis, Business, Gold, Industry, Debt, Macroeconomics, Talk, Research, Personal, Geopolitics, Curzio, Finance, Tokens

4.61.1K Ratings

🗓️ 4 May 2011

⏱️ 45 minutes

🧾️ Download transcript

Summary

Rich Suttmeier, chief market strategist for Valuengine.com, sees a major pullback in stocks. Frank talks about how to protect profits.

Transcript

Click on a timestamp to play from that location

0:00.0

S&A Investor Radio looks beyond the regular headlines heard on mainstream financial media

0:08.9

to bring you unscripted interviews and breaking commentary direct from Wall Street, write to you on Mainstream.

0:16.0

How's it going out there? It's May 4th and I'm Frank Curzier hosted the S&A Investor

0:20.2

Podcast where I break down the headlines and tell you it's really

0:24.2

moving these markets. Usually I open up with a pretty cool story, talk bad about

0:31.1

Florida, not bad all the time about Florida, but sometimes.

0:34.5

Tell you how much I miss New York, talking about my family, but today I'm going to talk about something more serious.

0:40.5

The big story this week was Osama bin Laden and he was killed.

0:47.0

Pakistan, the president came on and announced that and you know it was a lot of cheers

0:52.0

especially at sports games you know and

0:55.2

people really you know happy about this and you know I have to be honest I

1:00.0

thought he was already dead I mean the closure is definitely good news on a personal level and someone

1:06.2

who lived in New York on September 11th I don't know if happy is the right word but I

1:10.8

was you know kind of relieved to see this news because I remember

1:14.4

going to ground zero about three days after the towers fell and you know you had to wear

1:19.9

a mask they made you wear masks and you know there was rubble everywhere it was quiet the search teams are

1:26.0

still trying to find survivors and you know just things I would never forget and

1:30.9

you know I did have several friends that actually died that day and

1:35.4

you know a few who are still not doing well today I mean one friend managed to just get

1:39.8

away you work one block away from the towers and he was covered with all the white and he could not get home for I think it was 36 hours

1:47.0

Maybe two days where they closed all the bridges and tunnels and people had to walk over the bridges but he wasn't in good shape so you know and you

1:54.7

could tell he's just like a different person today and there was another friend who I know

...

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