Peter Tuchman
speaker
483 appearances
9 recordings
1 series
first heard Dec 2024
last heard Apr 2025
Peter Tuchman’s voice in public audio — every appearance, attributed to the second.
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Appearances
So if you're in that name, then that's probably going to give it a little bit of boost. I think it did. It probably helped take it up to 100,000 a coin where we live right now. He then did come down to the floor. He did ring the bell. You know, he talked about a number of different things. Tariffs in China, blah, blah, blah. The only... The people that showed up for him were extraordinary.
CEOs of all the biggest brokerage firms, Goldman Sachs and whatnot. You know, Bill Ackman, CEOs of some of the largest hedge funds in the world. Vice president was here. So look, unfortunately, I thought it was going to make the market pop, but it did not do that at all. The market kind of faded into the day and yesterday. Was that yesterday? That was yesterday.
And then today we had a little bit of green on the open because we had some economic data. It was reasonable, nothing that exciting. And we closed out the week probably, I don't know, net I think we were up on the week. We closed down six handles. You know, the Dow has been under a lot of pressure, probably just one or two individual stocks. But where does that leave us?
That leaves us with the Fed meeting next week. My gut is it's 88% chance we're going to cut interest rates. Anyway, I'm out of breath. I got to get out of here. It's been like the longest month for a week I've ever seen. I love you all.
bing bong shotzi have a great weekend i trade like einstein money news network shout out to my beautiful friend nicole lappen who's on maternity leave may she give birth to a beautiful healthy child and we love you all and that's all i got to say about that hold on to your wallets money rehab will be right back and now for some more money rehab
now here's peter's conversation with dan ives hey everybody it's me the onset of wall street from the balcony at the new york stock exchange we are sporting even though he is as per the new york post the best dressed man on wall street we are sporting the same kind of duds we got cool sneaks he's got some cool colors i got my lacoste thing going on we got a very cool hoodie
You know why we do this? We want to be accessible to the general public so that we can share with you everything we know about tech, the volatility, earnings, the stock market, and the New York Stock Exchange. Thank you for joining me today, sir. Great to be here. You are the man. So let's go back. Yesterday, obviously, we had Mr. Trump here on the floor, the first president since Bush won.
And then, obviously, the most notable visit was Mr. Reagan. The first day I actually worked on Wall Street, it was March 28th, 1985, and it was wild and crazy here back then that we had 8,000 people on the floor then working here. So you can imagine when the president come and then we had, there wasn't as much security because you didn't need that much security back then. Bush won, though.
We did do. There was an old prank that used to happen always on the floor of the stock exchange when a celebrity or a dignitary would come down. Somebody, when they were engaged in a conversation and overwhelmed by the room, someone would come up behind them and dance their shoes with baby powder. Right. And everyone on the floor would start banging their feet, saying it's snowing in New York.
They would suddenly look down and see baby powder all over their shoes. We even did it to the president. And yes, it was extraordinary. That was one of our greatest clues. The only one who actually got upset was, I think he was an Italian, someone in the Foreign Service for Italy. He was wearing purple, patent leather, velvet shoes. And we doused him with baby powder.
He was probably never able to wear those shoes again. Anyway, let's get down to business. Yesterday, Mr. Trump was here. He talked about a couple of things. He talked about setting up, you know that the U.S. has a prudent reserve for petroleum, right, in case of war, in case of any kind of a problem. We've got hundreds of
I think hundreds of billions of barrels or millions of barrels of oil on reserve in case of a war, in case of a confrontation at some point, because you all know that a majority of the nations that are oil producing nations are not our friends. Venezuela, Iraq, Iran and Saudi Arabia and Russia, of course, the largest producers. So yesterday he did say
that he was going to set up a prudent reserve for Bitcoin, right? Which is obviously extraordinary. And I think it's probably given a little bit of the boost to Bitcoin since the election.
Exactly. Isn't that extraordinary? That came this morning. Yeah. Right. And then yesterday, he announced the prudent reserve of Bitcoin.
So we know like Apple's got hundreds of millions of dollars in cash. And a lot of public companies, obviously, how do they end up displaying earnings or whatever the word is, giving out earnings is by having cash on hand. Some hold cash. It was one of the problems back in the day that everyone was saying, why is Apple holding so much cash? Why don't they give some back to the shareholders?
Anyway, not what we're talking about today. So that's fascinating. So yes, MicroStrategy, Mike Saylor, Mike Saylor's company, obviously is one of the largest holders. I think all their holdings are in Bitcoin.
So if you are looking for exposure to the Bitcoin game and you don't have $100,000 to buy in a coin, there are other ETFs, I believe, Beto that trades here on the floor. Obviously, Mara is one. And obviously, MicroStrategy. It's expensive. It's trading for hundreds and 400 bucks, I think, at your share.
So that's exciting. Take heed of that, right? That's coming from the man who knows everything about derivative play. We've heard about that as respect to AI and the derivative plays that are respective to... Again, there was Nasdaq 20,000 ads, right? And the point is like... Let's think. When we started having this Einstein and Ives conversation, you said two things to me.
Get your 20,000 NASDAQ hats out and there's gonna be a six in front of the S&P by the end of the year. And you have been boom, shaka laka, right on that, both of them, amazing. He's not just another pretty face, forget about it.
Right, and didn't they just say they're putting ChatBGPT into the iPhone?
Showing 221–240 of 483 · page 12 of 25
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