David Meltzer

Right, we used to have a market rally into the election and then we had a little bit of a follow through on the election and we had the market pull back until November 21st, 22nd when we started revving up towards the November Black Monday, Black Thursday, Black Friday, you know, big Thanksgiving sales. And so we followed that thing for the ninth time.

Right, we used to have a market rally into the election and then we had a little bit of a follow through on the election and we had the market pull back until November 21st, 22nd when we started revving up towards the November Black Monday, Black Thursday, Black Friday, you know, big Thanksgiving sales. And so we followed that thing for the ninth time.

And then what you end up seeing is Santa Claus come, the market tends to flatten out as it kind of gets its bearings for the end of the year and then Santa Claus comes to town and we have a rally into the end of the year. Well, nine out of nine, it's happened once again. Market rallied beautifully coming into the election. Nice rollover the first two days, three days after the election.

And then what you end up seeing is Santa Claus come, the market tends to flatten out as it kind of gets its bearings for the end of the year and then Santa Claus comes to town and we have a rally into the end of the year. Well, nine out of nine, it's happened once again. Market rallied beautifully coming into the election. Nice rollover the first two days, three days after the election.

And then what you end up seeing is Santa Claus come, the market tends to flatten out as it kind of gets its bearings for the end of the year and then Santa Claus comes to town and we have a rally into the end of the year. Well, nine out of nine, it's happened once again. Market rallied beautifully coming into the election. Nice rollover the first two days, three days after the election.

We had up 1,200 points after the election, and we had deferred the next couple of days. That was sort of a relief rally. And then we had probably a couple of days of a Trump rally, right? And then the market sort of flattened out and pulled back for a couple of weeks, trying to get bearings, all things waiting for the unemployment numbers and the payroll numbers that came in last week.

We had up 1,200 points after the election, and we had deferred the next couple of days. That was sort of a relief rally. And then we had probably a couple of days of a Trump rally, right? And then the market sort of flattened out and pulled back for a couple of weeks, trying to get bearings, all things waiting for the unemployment numbers and the payroll numbers that came in last week.

We had up 1,200 points after the election, and we had deferred the next couple of days. That was sort of a relief rally. And then we had probably a couple of days of a Trump rally, right? And then the market sort of flattened out and pulled back for a couple of weeks, trying to get bearings, all things waiting for the unemployment numbers and the payroll numbers that came in last week.

and they really, they do not disappoint, right? The numbers came in on Friday. They were good. Not great enough to take the interest rate cut at the next Fed meeting off the table, but good enough to make the rally, the market rally into record highs on Friday across the board, right? So just a few days ago, we were at record highs. Then we had Monday and Tuesday. Market started to pull back.

and they really, they do not disappoint, right? The numbers came in on Friday. They were good. Not great enough to take the interest rate cut at the next Fed meeting off the table, but good enough to make the rally, the market rally into record highs on Friday across the board, right? So just a few days ago, we were at record highs. Then we had Monday and Tuesday. Market started to pull back.

and they really, they do not disappoint, right? The numbers came in on Friday. They were good. Not great enough to take the interest rate cut at the next Fed meeting off the table, but good enough to make the rally, the market rally into record highs on Friday across the board, right? So just a few days ago, we were at record highs. Then we had Monday and Tuesday. Market started to pull back.

The reason market pulled back on Monday was all about Nvidia. Nvidia was being accused of some monopoly, trying to take over and corner the market in AI, I guess. And so that kind of took down the whole market with it. We know that happens very often. Seen it with Walmart, seen it with Tesla, seen it with Nvidia, when an individual stock, which carries so much weight in an index,

The reason market pulled back on Monday was all about Nvidia. Nvidia was being accused of some monopoly, trying to take over and corner the market in AI, I guess. And so that kind of took down the whole market with it. We know that happens very often. Seen it with Walmart, seen it with Tesla, seen it with Nvidia, when an individual stock, which carries so much weight in an index,

The reason market pulled back on Monday was all about Nvidia. Nvidia was being accused of some monopoly, trying to take over and corner the market in AI, I guess. And so that kind of took down the whole market with it. We know that happens very often. Seen it with Walmart, seen it with Tesla, seen it with Nvidia, when an individual stock, which carries so much weight in an index,

and just in the psychology of the marketplace, right? There's some stocks that everybody gets, that they've gotten their attention. And when they do that, everyone throws the baby out with the bathwater, right? And so the market tends to get flushed out with it. Well, that's happened on Monday, right? An attack on Nvidia around the monopoly question.

and just in the psychology of the marketplace, right? There's some stocks that everybody gets, that they've gotten their attention. And when they do that, everyone throws the baby out with the bathwater, right? And so the market tends to get flushed out with it. Well, that's happened on Monday, right? An attack on Nvidia around the monopoly question.

and just in the psychology of the marketplace, right? There's some stocks that everybody gets, that they've gotten their attention. And when they do that, everyone throws the baby out with the bathwater, right? And so the market tends to get flushed out with it. Well, that's happened on Monday, right? An attack on Nvidia around the monopoly question.

on Monday, and so the whole market kind of fell out of bed. When those days happen, I always say to people, look, if nothing's fundamentally changed, let's take that stock out of the equation and not really overreact. And those are the days where the opportunities lie. If the market sells off around one stock, but we've got everything else getting dumped with it,

on Monday, and so the whole market kind of fell out of bed. When those days happen, I always say to people, look, if nothing's fundamentally changed, let's take that stock out of the equation and not really overreact. And those are the days where the opportunities lie. If the market sells off around one stock, but we've got everything else getting dumped with it,

on Monday, and so the whole market kind of fell out of bed. When those days happen, I always say to people, look, if nothing's fundamentally changed, let's take that stock out of the equation and not really overreact. And those are the days where the opportunities lie. If the market sells off around one stock, but we've got everything else getting dumped with it,