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On The Tape

The Fab Five and the Nasdaq Have Entered the Blowoff Top Phase

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 5 February 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

Dan Nathan, Guy Adami and Liz Young discuss Jay Powell’s interview on ‘60 Minutes’ and the huge moves in the stock market. Later, listen in on a panel featuring Liz, Mike Wilson of Morgan Stanley and David Zervos of Jefferies about the state of the stock market.  Topics On This Pod Market’s Digest Powell’s ‘60 Minutes’ Interview The Disconnect Between the Stock Market and Economy Morgan Stanley’s Mike Wilson Leaving Firm’s Global Investment Committee Stocks Entering Blowoff Phase? Something strange happening in the options market  Weight Loss Stocks Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe — About the Show: On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We’re on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Young @LizYoungStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Transcript

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0:00.0

Welcome to the Monday edition of the On the Tape podcast.

0:04.0

I am Dan Nathan, as always joined by Guy Adami.

0:08.0

And of course, EY from SoFi, that would be Liz Young.

0:12.0

Hi, guys.

0:13.0

What up?

0:14.0

We had a big week last week.

0:16.0

The three of us were down at I Connections Global Altz Conference in Miami.

0:20.0

We are actually as the B block of

0:22.2

this fine podcast are going to post an interview that Liz moderated with Mike Wilson and David

0:28.4

Zervos, Mike Wilson of Morgan Stanley. He is the head strategist. There's some news around him,

0:34.0

and we're going to talk about that in a second a little bit. And David Zervos is a head strategist

0:37.3

over there at Jeffries. We're going to talk about that in a second a little bit. And David Zervos is a head strategist over there at Jeffreys. We're going to cover that really hot jobs report on Friday. We're going to

0:42.8

cover a bit of the tech earnings that saw just some of these names absolutely blow out Friday during

0:48.1

the trading day and probably a few other things here on this fine pod. First, a little housekeeping.

0:55.5

I was down in Washington,

1:01.6

D.C. guy. I was at your alma mater. That would be the Georgetown Hoyas. And one, Liz Young's alma mater. I think you got your MBA at Marquette. The Golden Eagles of Marquette really took it

1:07.7

to the Hoyas on Saturday afternoon in D.C. Liz, thoughts there because this team

1:12.5

is rolling as we head into Big East play here. It used to be that Marquette was like the darling of

1:19.6

the Big East and we were so good for so long and then there was a period of time there where

1:24.1

nothing really happened for a while. So it's nice to be back. And not just my

1:28.3

MBA. My mom also went to Marquette. I was baptized on Marquette's campus. So M.U runs deep over here,

1:35.1

and I'm rooting for them all the way. Listen, big fan of Marquette. My roommate got married at Marquette.

...

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