Nike, eSports & Free Tacos
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 13 June 2017
⏱️ 16 minutes
🧾️ Download transcript
Summary
It’s “Free Taco Day” at Taco Bell!! Matt Argersinger and David Kretzmann attempt to calm investors nervous over the Nasdaq’s mild (and brief) drop. Then we dig into Nike vs. Under Armour after the NBA Finals, and the potential for MGM Resorts’ new eSports arena.
Transcript
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| 0:00.0 | It's Tuesday, June 13th. |
| 0:03.5 | Welcome to Market Fullery. |
| 0:04.7 | I'm Chris Hill joining me in studio today |
| 0:06.3 | from Supernova David Kretsman and for a million dollar portfolio, |
| 0:09.6 | Matt Argusinger. |
| 0:11.4 | Happy free taco Day guys. |
| 0:13.0 | We just learn about this. |
| 0:14.0 | I know. |
| 0:15.0 | I didn't realize this was actually a day. |
| 0:17.0 | Taco Bell, it's Free Taco Day. |
| 0:19.0 | One per customer, everybody, so let's control ourselves out there. The NBA finals are over we're going |
| 0:24.8 | to get into the sports business but I think we have to start with the fact that the |
| 0:29.0 | NASDAQ is up this morning and thank God because between Friday and Monday the NASDAQ was down |
| 0:34.3 | around 4% and there was a little bit of a freak out going on. It was you know it's it's not |
| 0:40.0 | a big move for the index overall but you know in a market that has been really I don't |
| 0:44.8 | know quiet not volatile at all this little Nasdak tsunami or whatever you want to call |
| 0:50.2 | it but I think it's it's really about some of the individual companies that we've that |
| 0:54.7 | have just had such great runs this year like Apple, Amazon, Alphabet, Facebook and |
| 0:59.9 | so they got they took it on the chin a little bit. |
| 1:02.7 | And so I think that's probably got investors who are probably, |
| 1:06.3 | especially foolish investors, |
| 1:07.4 | maybe a little overweight in those companies, |
... |
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