Trading Spaces: Retail Earnings, Rivian, and Nvidia's Monster Move
RiskReversal Pod
RiskReversal Media
4.7 • 836 Ratings
🗓️ 15 November 2021
⏱️ 32 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:25.0 | All right. So we're trading spaces. A lot going on here on a Monday. Kind of interesting action. Guy, when I wake up on a Monday and I kind of forget how we close the week on Friday, sometimes, you know, so much happens in the weekends in our lives here. And I see the S&P futures up 40 Bips pre-opening. I'm like, oh, all wells in the world, right? Like if there's no big headlines, there's no this, what is your take here? Because you just said to me, kind of interesting that now we have a VIX that's, you know, |
| 0:31.0 | up a point or so, you know, and we have a lot of stuff that's kind of red on your screens that was green when we started the day. What does that say to you opening? way. Look, I mean, of all the things to take away, it's pretty benign day, obviously. |
| 0:40.1 | I mean, the S&P is flat. But the VIX trading 17 on this benign day, I guess, is quasi-interesting. |
| 0:46.5 | I mean, it would be more interesting, obviously, if it was north of 20. But I bring that up. |
| 0:50.8 | And, you know, this moving yields, we saw that sharp move to the downside 10 year yields i think |
| 0:56.3 | they're traded down to 143 a week or so ago now we're here we are north of 160 again i mean i you know |
| 1:03.0 | i don't again i'm not pretending i know what to make of it i'm i don't pretend about a lot of things but |
| 1:08.5 | you know i continue to say yields continue just to grind. |
| 1:12.0 | And I still think there should be 2%. |
| 1:14.2 | I'm shocked that they're not there, but here we are at 161. |
| 1:17.2 | So the two things that stick out to me today are it's obviously the Vicks sort of getting a pulse and this continued grind higher in yields. |
| 1:24.9 | Yeah, I mean, listen, it's a grind. |
| 1:27.1 | I'm not sure it's higher. |
| 1:28.3 | You know, we've kind of shown the chart. |
| 1:29.9 | I'm sure Amanda will look at it. |
| 1:31.0 | You look at a two-year chart, the 10-year U.S. Treasury yield. |
| 1:33.6 | You see this thing kind of working into a bit of a triangle. |
| 1:36.3 | Sooner or later, it's going to break one way or the other. |
| 1:39.1 | And, you know, both ways that it breaks. If it were to break above it and go back to the, you know, the 2021 highs of |
| 1:46.6 | 177, the 10 year and maybe go to 2%, maybe not for the right reasons. You know, in times past, |
| 1:52.1 | where we've seen rates go higher in this period of, you know, tapering and unwinding, ZERP and |
| 1:58.3 | all that sort of stuff, it's not always because, you know, the economy is doing better and we're okay with, you know, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from RiskReversal Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of RiskReversal Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

