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On The Tape

MKT Cal 8/30/22: When Good News Is Bad News: JOLTS & Consumer Confidence Sink Stocks

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 30 August 2022

⏱️ 37 minutes

🧾️ Download transcript

Summary

On this episode of MKT Call, Guy Adami, Dan Nathan discuss: Stocks sliding after JOLTS & consumer confidence data beat expectations Will the VIX break out to 30? Microsoft, Tesla, and Meta putting a drag on the Nasdaq Bonds flirting with a bear market Oil whipsawing lower again Copper on the verge of five straight negative months Bitcoin losing altitude below $20,000 See what adding futures can do for you at cmegroup.com.  Shoot us an email at [email protected] with any feedback, questions, or suggestions going forward and follow us @MKTCall. We’re on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Subscribe to our YouTube page

Transcript

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0:00.0

Hey, it's Guy here, and you're listening to an audio broadcast of Market Call. That's MKT Call.

0:06.2

It's a video series I do with Dan Nathan every Monday through Thursday live at 1 p.m. Eastern.

0:12.5

We break down the big market moving headlines and offer trade ideas. Each week, we are joined by

0:18.0

Carter Worth of Worth Charting and Liz Young from SoFi for their investment analysis.

0:23.0

So check it out. And if you like it, follow at Market Call on Twitter and subscribe to Risk Reversal Media on YouTube so you never miss an episode. What's up, peeps. It is the pen ultimate day of the month of August

0:51.1

Q for you playing our home game. To his day, you're watching Market

0:55.9

Call. I'm Guy Adami with a black t-shirt under a dress shirt, never a good look. Joined by Dan Nathan

1:01.5

with a black dress shirt, but that's probably for another show. Today's Market Call is brought

1:06.9

to you by our presenting sponsor, CME group, Dan, where risk meets opportunity.

1:13.1

What I'll tell you is, there's been a lot of risk.

1:15.9

We are powered by the way, by open exchange.

1:18.8

I'm powered by life, clearly not powered by a New York Yankee team that now on the West Coast

1:24.4

has dropped two games to the Athletics of Oakland, then they lost a tough

1:28.9

game to the Angels of Anaheim or California or Larson, whatever the hell they're from last evening.

1:36.0

Hello, Dan.

1:36.7

Hi, hi, Guy. I mean, I'm glad that you bring up that fashion faux pot with a black t-shirt.

1:41.7

Yeah, it's bad. It's bad. You know, and I will say this.

1:44.8

I looked at Stephen, you know, who works with us.

1:46.6

And I said, you know, you're probably going to think I'm a sociopath, but you see this

1:50.4

shirt.

1:50.8

I think it was Doug Cass who mentioned when he was watching last week that I was rocking.

1:54.4

He sent an email to me and you were like a Johnny Cash look. Look, I literally have seven of the same exact shirts. You can tell the difference.

...

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