4.6 • 757 Ratings
🗓️ 17 October 2023
⏱️ 41 minutes
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| 0:00.0 | October 17th, 1 p.m. Eastern time, Guy Adami, Dan Nathan, Market Call. Let's get right to the rundown, Dan, get right into it because |
| 0:21.8 | Nvidia is absolutely fascinating today. Cascaded lower has bounced still down on the day. |
| 0:28.6 | We'll look at a NASDAQ trade ahead of earnings. And of course, yields, yields, |
| 0:32.6 | yields continue to move higher despite all the geopolitical stuff where you would thought you'd see a flight |
| 0:37.9 | to quality meeting yields go down that's not happening how are you i'm doing okay you are powered by |
| 0:43.6 | today guy adami and then you and i before we just went on here you were saying this market makes |
| 0:48.2 | absolutely no sense this morning you know what you had that headline about okay this this had kind |
| 0:54.0 | of been little trial balloons floated here you know invidia you know what? You had that headline about, okay, this, this had kind of been little |
| 0:55.0 | trial balloons floated here. You know, InVIDIA, you know, these advanced graphics chips, |
| 0:59.7 | they're being banned for sale to China. We know that there had been lots of workarounds, |
| 1:05.1 | lots of sales in the gray markets, a lot of double tripling ordering by a whole host of folks |
| 1:09.9 | there. They were finding their way to China. |
| 1:13.1 | There was also some tweaks to those chips, right, that kind of fell within, I guess you |
| 1:17.5 | would call it, I don't know, semantics or whatever guy, right? |
| 1:20.4 | Like a little, you know, they were getting sold into there. |
| 1:23.1 | So the Biden administration, they tighten it up a little bit here. |
| 1:26.0 | The headline comes out. |
| 1:27.6 | Stock opened down 5%. And you and I were talking this morning on the phone, and it dropped like |
| 1:32.6 | $10 like that, another 2% like in a straight line. I was kind of, look at that beautiful little |
| 1:37.3 | facts that chart there. What did that look like, guy, up there a little bit of a lot of. |
| 1:41.3 | Well, it looks like a lot of things, but I'll keep it clean and say that looks like a bit of a head and |
| 1:44.8 | shoulders formation and a lot of people are pointing that out today i've read some emails indicating |
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