Trading Spaces 4/29/22: April Bomb She Will
RiskReversal Pod
RiskReversal Media
4.7 • 836 Ratings
🗓️ 30 April 2022
⏱️ 57 minutes
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| 0:00.0 | All right, should we do this? |
| 0:02.3 | All right. |
| 0:02.5 | This is Trading Spaces. |
| 0:03.6 | We haven't done them for a while. |
| 0:05.0 | We do these in support of our podcast on the tape podcast that we do. |
| 0:09.4 | Danny Moses, who's on right here, Guy Adami, myself. |
| 0:12.8 | We are sponsored by CME Group. |
| 0:14.2 | We also have a new sponsor called I Connections. |
| 0:16.1 | That's a great organization. |
| 0:17.2 | You're going to hear a lot more about on our podcast on the tape. We're going to have a special two times a month off the tape. So let's get into it. Yesterday on the podcast, we were |
| 0:25.3 | recording at the same exact time as three o'clock. The market was raging, right? The S&P was up |
| 0:32.2 | two plus percent. The NASDAQ was up three percent. I guess investors were really geeked up about what Facebook's, I don't know, didn't say, |
| 0:41.3 | didn't say, I don't know if that was the case. |
| 0:43.1 | But we were, you know, recording before Apple and Amazon. |
| 0:46.3 | So we all wanted to come on and talk a little bit about this. |
| 0:49.2 | Danny Moses, first, any impressions about the whipsaw action that we've seen this week. |
| 0:54.5 | This is a week that we saw the F MAGA Complex All-Report earnings. |
| 0:58.1 | Yeah, it's not good, not healthy. |
| 0:59.9 | These moves, I don't care, up or down, are not signs of a healthy market. |
| 1:03.5 | And we are losing, you know, some of the horses, as you've talked about, Dan, and they're going one by one. |
| 1:08.8 | And they're resetting. And if they truly reset |
| 1:12.3 | to what could be, you know, let's call 20 PEs, 23 PEs, we still have a way to go here. And so |
... |
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