Victor Jones, Tom Sosnoff, and Tony Battista break down the latest market behavior, financial news, and monetary policy, all while trying to find the best ways to trade each topic!
Victor and Tom are going solo today as they discuss "old school drama queens," the bond market and how they are strategizing around it regardless, Spac's (special purpose acquisition companies), Palantir's Dr. Alan Scarpe and how that trade is going nowhere, George Soros's tutelage of eerily accurate trader Stanley Druckenmiller and Drunkenmiller's latest dooms day prediction of the equity markets (just what the uneasy self-directed trader needs). Could Tom be the unintentional "salve" to their woes and more on today's episode. Tune in.
Do triggers matter in the markets? Victor really wants to know, and he’s chomping at the bit to hear Tom and Tony’s rebuttal. Tom see’s advantage everywhere and believes that what’s going on with consumers, the FED, inflation, the world is not a tradable event and therefore does not matter. Victor thinks that world events do matter, how could they not? Tom disagrees.
Victor, Tom, and Tony debate the role of the short seller and if they are unfairly criticized by the mainstream media, as if the media truly has a real understanding of how the markets work. And by the way, while we are talking conspiracy theories, Victor wants to know who is truly behind the new P-Funk intro music on Tom and Tony's reboot of the Top Dogs segment—Victor gives a nod—Respect! Snoop Dog and George Clinton aside, the S&P is up 4 points, the Russell is currently in the red and how China is killing Tom's trades are also discussed on today's Hear Me Out. Tune in.
Victor, Tom, and Tony discuss whether caution has any place in a trader's strategic toolbox. They touch on rolling bonds for what looks like infinity, the importance of the yield curve, whether fear in the markets is legitimate, and ponder whether they should sell, sell, sell, or wait for the markets to stabilize. If that’s the case, according to Tom, they are going to be waiting a very long time.
Victor, Tom, and Tony talk about Tom's love of grifters… not the movie, the actual hustlers. Segue - Adam Neumann has a new start-up. The former founder and CEO of WeWork, a company that he led to the tune of more than $40 billion… THEN. It failed somewhat and Neumann still walked away with $5 billion of those projected $40 billion bucks in his pocket. He is now on the prowl again for a new start-up in real estate and the venture capitalists are stoked. If it isn’t a successful track record in start-ups, then what is it? To charming to fail. He's got the magic touch.
Victor joins Tom and Tony to discuss start-up investor and Japanese conglomerate Softbank, Inc., after yesterday’s announcement that they lost $23.4 billion in tech stocks during the second quarter of this year—the biggest loss in the company’s history. Is risk ever too high? And what defines being too cautious when it comes to trading in a high stakes market? Is there a lesson to be learned here about trade defense? Tune in and find out what they decide on today’s episode.
Are meme stocks still a thing? Investors have run cold on battered Canadian cannabis company Tilray Brands (TLRY) after they posted another downgrade in stock pricing after yet another quarterly loss in market share. Victor, Tom and Tony discuss the implications.
Victor, a self-pronounced news junkie, joins Tom and Tony to discuss the Fed, rate expectations, and the fact that traders are freaking out—Well, at least Victor is, Tom and Tony not so much, even in the throes of such a big earnings week. Tom has a very different idea on what it all means.
Who are these "Diamond Hand" traders and why is their strategy so fascinating? Diamond Hands is essentially someone who holds their stock long and doesn't freak out when their asset loses value, knowing that at some point the value will rebound. In other words, they are "untouchable" to price fluctuations. Tom doesn't get it, but Victor and Tony see the point. This is discussed and more on today's Hear Me Out.
Victor joins Tom and Tony to discuss the potential for Crypto to make a comeback. Tom asks if the death of high beta stocks and Crypto has been greatly exaggerated. Victor somewhat disagrees - he feels it was built on a faulty premise. Tom is optimistic. Historically, this could be the start of a new generation of what could become some of the most valuable companies in the world.
Victor joins Tom and Tony to discuss the possible unseen consequences of the new SEC rules if adopted. While they are aligned with reining in exchange fees for data, they are not OK with going back to the notion of customers paying commission fees. Find out what they land on when it comes to this issue on today's segment of Hear Me Out.
Victor joins Tom and Tony to discuss the correlation between Snapchat earnings with chief officers selling millions in SNAP stock after announcing a 20 to 25% upwards revenue streak a month ago. And Victor notes that suddenly all digital advertising/social media stock is being repriced, from the prominent titans of Facebook to Google. Tom thinks it's a cute story but disagrees; he doesn't think the markets behave that way. Check out the heated debate on today's Hear Me Out.
Victor joins Tom and Tony to discuss old-timey market managers who seem to be risk and technology adverse. Berkshire Hathaway fought against technology in trading and then bought Apple in 2018. Chairman Munger has too much to say about bitcoin and meme stocks. Fortunately for most of us interested in self-directed trading, how we trade, what we trade, and when we trade continues to evolve at a rapid pace.
Tom's overly vaccinated. Tony is optimistically cautious, and Victor is deeply concerned. What is on people's minds as the current ugly streak in the markets continues to put everyone on edge? Are the dominoes falling? Tune in and find out on today's episode of Hear Me Out.
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