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On The Tape

How to Play for a Pullback in the S&P 500 | MRKT Call

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 9 April 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

Dan Nathan, Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Tuesday, April 9th. Timecodes 0:00 - S&P 500 14:10 - Nike 23:40 - Delta & JETS 27:00 - JP Morgan & XLF Subscribe to our daily newsletter Subscribe to MRKT Call reminders & show notes MRKT Call is brought to you by our presenting sponsor Fidelity Watch MRKT Call LIVE at 1 pm M-TH on YouTube Follow us on Twitter @MRKTCall Follow @GuyAdami on Twitter Follow @RiskReversal on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube Options Disclosure Agreement

Transcript

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0:00.0

One o'clock on East Coast, April the 9th.

0:15.7

It's a Tuesday.

0:16.6

Yankees play tonight, as do the Rangers, by the way, Dan, Nathan Guyadami, soon to be

0:20.4

joined by the great Carter Braxtonworth of Worth trading. How are you, Dan?

0:24.4

I'm doing great here, Guy Dammy. I mean, I felt like, you know, we've had this theme in the

0:29.7

markets. We look up. It's like unched on the day, but there's some stuff going on under the hood.

0:35.1

Today felt like one of those days this morning, finally, maybe

0:38.1

something was going to get going, guy, but here we are. Same old, same old a little bit. I don't

0:42.8

know. What do you think? What do you think? Well, I'll tell you what I think. I think on what was a

0:46.6

pretty benign day, although be it a little bit of a sell-off earlier. I mean, we had a VIX that traded north of 16 and a half at one point. It's obviously pulled back significantly.

0:54.7

I'm sure we'll look at that.

0:55.9

But the VIX has been telling a story now, I think, for the last week.

0:59.3

We've pointed that out.

1:00.3

And I continue to watch that.

1:01.7

So you're right.

1:02.7

I mean, the market came racing back.

1:04.3

I think at one point the NASDAQ went positive, you know, an hour or so ago. But we'll see how things shake out. But the VIX, to me,

1:11.1

on what should be, you know, historically a day where it does nothing, has been doing something

1:16.2

now for the last few trading sessions. Just something to watch. No, and you've been mentioning

1:20.1

that. I think it makes some sense here. If it is Tuesday guide, that means we are going to do some

1:25.4

trades using the options. Let's go to the rundown really

1:28.6

quickly here. You know, Carter, he's going to join us, as you just said, in a couple of minutes.

...

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