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The Mark Simone Show

Mark Interviews CNBC Contributor Jake Novak.

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3695 Ratings

🗓️ 14 April 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

Does the opening bell matter for the stock market? Jake updates Mark on the Hostage situation with Israel and Hamas. Chuck Schumer is a complete Joke and claims he is against Anti Semitism.

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Transcript

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0:00.0

get mark on demand by setting a preset for his podcast on the iHeart radio app now back to mark simone on w o r well jake no back to you a great columnist

0:13.3

commentator and you can watch his tv show it's on real america's voice every morning at seven a m make sure you follow him on

0:20.0

twitter there's a link to everything

0:21.2

there. Just go to Jake, Jake, Jake, NY at Twitter. Jake, Jake, NY at Twitter. Also, Jake Novak

0:28.6

at Substack. Jake Novak, how you doing? I'm doing okay. Do you think I could sell jet tickets to

0:35.0

those people's going to the Bernie Sanders rally? I mean, they're paying $100 for a sandwich.

0:38.7

Maybe they'll buy my jet tickets.

0:40.4

Let me know.

0:41.6

Well, there may be a collector's items, those jets tickets.

0:47.5

Looking back historically on the Trump recession of April 7th to April 9th, where does it go in the history of recessions?

0:56.8

Well, it goes into what I would call suckers money.

1:00.3

I mean, I don't care if you really think this is good.

1:03.3

Even if you think this is going to work out great, or if you don't, putting a tremendous

1:07.0

amount of money on this one, we are really, really at the point of not knowing exactly what's going to happen day to day is silly. I mean, if you're along the market, if you think this is going to work, if you're supporting these policies and you think it's going to help the economy overall, then make some longer term investments. That's not going to be a tech stock. That's not going to be Bitcoin. You know, I mean, those kinds of things are much

1:27.8

more susceptible to day-to-day moves in a big way. So, yeah, I mean, there's a lot of suckers out there. And it's very similar to what happens in the first hour that the market's open and the last hour that they're open before they close. People like me call that suckers time. That's not really when you want to throw all your money in one way. That's all I can say. This is

1:26.5

Suckers time,'s not really when you want to throw all your money in one way

1:45.3

that's all i can say this is suckers time mark yeah radio and tv they go crazy over that opening

1:49.8

bell number let's check the opening it doesn't mean anything i wouldn't even look at the market

1:54.5

until 10 am i right yeah yeah well i mean the reason why they do that is because you know it's all

1:59.8

electronic trading now mark you know you can't get these really cool traders in the why they do that is because, you know, it's all electronic trading now, Mark.

2:01.0

You know, you can't get these really cool traders in the pits like in the movie, you know, trading places. You don't see that anymore. So the only action is the noise of the bell, which is a recorded noise anyway, right? I mean, it doesn't even mean anything. And so they're trying to make this for TV. honestly a more interesting thing to do

1:59.2

would be kind of what I do every day

...

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