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On The Tape

MKT Call 7/12/22: Software Stocks Sink, Inflation Expectations, Ominous Bitcoin Chart Pattern

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 12 July 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

On this episode of MKT Call, Guy Adami, Dan Nathan discuss: ServiceNow CEO Bill McDermott comments on CNBC's Mad Money regarding macro headwinds Software stocks sinking Expectations for the CPI report Wednesday Citigroup upgrading JPMorgan, Morgan Stanley downgrading American Express Ominous chart pattern for Bitcoin 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.

0:16.8

Each week, we are joined by Carter Worth of Worth Charting and Liz Young from SoFi for their investment analysis.

0:23.0

So check it out. And if you're playing our home game.

0:54.0

I'm Guyotami.

0:55.0

That's Dan Nathan on the screen, handsome as ever.

0:57.6

Today's market call brought you by CME Group, Dan.

1:01.4

I love this, by the way, where risk meets opportunity.

1:05.2

And we are powered by open exchange.

1:07.7

Doesn't seem like a lot's going on right now.

1:10.1

But you know, in essence, a lot is going on

1:12.2

and we're going to break into it right now on market call, Dan, Nathan. Yeah, no, today is actually

1:17.1

one of those really interesting market days. If you look at what's going on in different parts

1:21.1

of the stock market, obviously we've been focused a whole heck of a lot on the macro, but here

1:25.6

we are. We are on the doorstep guide dummy of Q2

1:29.3

earnings season. Here it is, buddy. I mean, like, you know, I do think it's interesting that,

1:33.5

you know, I woke up this morning and I was kind of kind of looking at, we had that bloodbath

1:38.3

in the NASDAQ yesterday, right? And then we had a lot of stocks green on the opening, but there was a couple software stocks.

1:45.0

They were down a lot.

1:46.0

And so to me, I thought it was really interesting.

1:48.0

I start looking at the news and I try to see what's going on.

...

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