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On The Tape

MRKT Call: Fed Look Ahead

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 26 January 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

Dan Nathan and Guy Adami take a look at the charts and discuss the top market headlines for Thursday, January 26th. - GDP & Fed look ahead - $INTC $AXP Earnings Previews - Guy's Exorcised that the WH is Exorcised about $CVX's Share BuyBack - FactSet's Butters on $SPX --- FactSet Webinar: https://riskreversal.com/factset2023/ MRKT Call is brought to you by our presenting sponsors CME Group, FactSet & SoFi Watch MRKT Call LIVE at 1pm M-TH on YouTube Sign up for our emails Follow us on Twitter @MRKTCall Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube

Transcript

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0:00.0

a lot to talk about to talk about today so I won't screw around what I will say though

0:15.4

valiant effort by the Rangers last night in Toronto three to an overtime obviously

0:19.6

that overtime period they did not show up Mika's Benaj. I don't know what he was doing. He was a spectator, not a player. That's for another show. This is Market Call 1 PM on the East Coast, 30 minutes people. And then we're 5,000. That's Dan Nathan. I'm G. Swizz. We got butters coming up, not in the flesh, but you know what I'm talking about. We have some of his work.

0:39.2

Today's episode, Dan, is brought to you by FACSET, Financial Data and Analytics, powered by tomorrow.

0:44.8

They're also our data provider.

0:45.9

Also, CME group where risk meets opportunity, a lot of risk out there, clearly leading to Dan, a lot of opportunity.

0:56.4

Yeah, matter of fact. And we're just going to get this right all in one show.

1:01.2

Oh, I see what you did there. Yeah, see what I did there. So thanks to all our fine sponsors,

1:06.2

CME group, Factsette, and SoFi. All right, let's do it. Like you said, guy, we got a lot of

1:10.5

stuff to do today. You know, this GDP print, okay,, and sofi. All right, let's do it. Like you said, Guy, we got a lot of stuff to do today.

1:12.5

You know, this GDP print, okay, so 2.9 percent, a little better than expected, down from 3.2

1:17.5

in the third quarter here. You know, let's just kind of wrap it all up into kind of the price

1:24.2

action we're seeing in the stock market, what we saw in the stock market yesterday, what investors I think want to believe about what's going on. And again, you and I,

1:32.9

okay, we believe a certain set of things and we're expressing those views in a certain way. And

1:37.0

we update our views every day here. You know, I can't tell you that the price action yesterday

1:42.9

was not bullish.

1:44.3

If you are one of those perma bulls who looked at BTFD and all that sort of stuff,

1:48.8

you know, to have Microsoft reverse from the post market the night before

1:52.3

and to be up 4%, to be down 4%, to close unchanged on the day,

1:56.5

to have the NASDAQ come back, all those stocks that were down in sympathy come back.

2:00.1

And then today, you know, you have data that on the surface looks a little worse than expected,

2:05.2

but we see very, very green day here in the stock market.

...

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