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Powell hints at allowing restrictive policy more time to work, emphasizing the strength of the labor market and progress on inflation, indicating a cautious approach based on evolving data.
Historical data reveals that crossing key thresholds like $100 crude oil can impact stock market returns, highlighting the significance of psychological red lines that influence investor behavior.
Analysis by Tony Dwyer shows market indicators like percentage of stocks below moving averages hinting at potential oversold conditions, suggesting a signal for a potential buying opportunity amidst recent market volatility.
Evaluation of S&P 500 stocks down from all-time highs, with half of them in correction territory and a notable percentage down 20%, indicating a broad-based decline in market breadth.
50% of stocks are 10% from an all-time high, indicating a correction in the market. Analysis highlights early stages of the correction, particularly focusing on Apple's performance in the market, revealing challenges faced in China and a 12% drawdown from highs. Berkshire Hathaway's selling activity in Apple adds to the market observation.
Bank earnings reports reflect concern over deposit pricing and net interest income projections due to uncertainty in interest rates. Deposits and loan trends are closely watched amidst changing economic conditions, hinting at shifting dynamics in banking. The industry's response to future rate changes remains a key area to monitor.
Tesla's recent workforce reduction indicates a focus on cost efficiency and productivity. The company's actions, coupled with market dynamics, suggest potential impacts on demand rather than supply challenges. The stock's performance amid global events and investor sentiment reflects ongoing volatility and uncertainty.
On this TCAF Tuesday, Join Josh Brown and Michael Batnick for a conversation with Professor Scott Galloway, author of the new book The Algebra of Wealth. Then, at 41:11, hear an all-new episode of What Are Your Thoughts with Josh and Michael!
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Public Disclosure: Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade.
Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document
Supporting documentation for any claims will be furnished upon request.
If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule here: https://public.com/disclosures/fee-schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions.
Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more.
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See https://public.com/#disclosures-main for more information.
Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.
The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.
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