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RiskReversal Pod

Guy was in the Eye of a Hurricane; Carter Braxton Worth Joins

RiskReversal Pod

RiskReversal Media

Business News, News, Investing, Business

4.7836 Ratings

🗓️ 3 June 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

With Guy presumed absent due to a travel nightmare, Dan & Danny talk with Carter Braxton Worth about Microsoft’s surprise cut to its earnings & revenue guidance (3:50); Guy unexpectedly makes it to the show during the middle of recording (9:46), JPMorgan’s Jamie Dimon & BofA’s Brian Moynihan trading barbs over the health of the economy (10:34), if OPEC+ agreeing to pump more oil will actually bring down energy prices (25:02), Sheryl Sandberg’s exit from Meta/Facebook (27:40), and what the Winklevoss twins’ Gemini slashing 10% of its workforce says about the outlook for crypto (29:41). ---- See what adding futures can do for you at cmegroup.com/onthetape.  ---- Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod. We’re on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page

Transcript

Click on a timestamp to play from that location

0:00.0

All right, this is on the tape. I'm Dan Nathan. I am here with Danny Moses. Guy Adami is not here

0:06.9

this week. We were all down in Miami yesterday, Wednesday at IConnections Digital Assets Forum.

0:14.2

We did a live market call. That was fun. Wasn't it Danny? Guy didn't make it back and Danny

0:18.3

didn't make it back because all these storms on the East Coast here.

0:22.1

But Carter Braxton, Worth, you know him, you love them from CNBC's Fast Money, Options Action,

0:28.2

and of Worth charting is stepping in.

0:30.3

What's up, Carter?

0:31.4

Man, how are you?

0:32.9

It's all good.

0:34.1

Where's guys stranded?

0:35.5

Midair, we think.

0:36.6

But let me tell you, what a great replacement.

0:38.4

And I know not everyone can see you, but you got the Benjamin Franklin, which just is your theme, as everyone knows, that you sign the Magna Carta, Declaration of Independence or something.

0:45.7

But Carter, Brackson, worth the third. And for those out there that don't know, Carter and I work together at a time and then when I moved to the by side with Porter and Vinny and Steve by far our favorite not just technical analyst but analysts to be with always fun to be around and

0:59.5

got to tell you you're right more than you're wrong once I got used to this 150 day crap from 200

1:04.0

yeah then you're like well that's something to it something to it something new and different

1:08.3

so we're going to stream you in today so welcome aboard aboard, buddy. Not infallible, but hey, thanks, guys. Just so, you know, Guy Adami is fit to be

1:16.8

tied right now. He left Miami like 24 hours ago. He got stuck in Norfolk, Virginia, overnight.

1:23.0

Then the plane he finally got on. It's just been delayed. So Carter, thank you for stepping in. Let's do it,

1:28.5

guys. There's a lot going on this week. And the market's been rallying for what seems like a couple

1:32.9

weeks. We've had the S&P at its lows last month was down 20% or so. The NASDAQ was down about 30%

1:39.7

right now. We have an S&P that's down 12.5 percent and a NASDAQ that's down about 21 and a half

...

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