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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recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
We had two days where the market came off its highs last Friday, record highs across all indices. We came in on Monday and Tuesday and we pulled back. Nothing significant, but the mainstream media kept talking about, this is it, the story's over, the bubble's here, blah, blah, blah.
When these were sell-offs or pullbacks or consolidations, whatever you want to call them, surely not crashes, were nothing more than an opportunity. We always say, if the story has not fundamentally changed at all, Take an opportunity. In April, when we were down 7% in this market, Nvidia went from 924 down to 700. It happened once again when the earnings came out in March, April, May, and June.
We've seen this happen in every pullback. The baby gets thrown out with the bathwater. And if the story hasn't fundamentally changed, take this as an opportunity to buy stocks at a discount.
Right.
You have all... January profit taking. What do you think about this tax credit thing? Like, people are not going to be selling, right? They've got profits in their investments this year, most people, unless you've been trading blind and you're not making any... Even our man Niall here, right, our filmer here, has made a lot of good money this year. Don't tell the IRS. Anyway, yeah, go ahead.
That's extraordinary. Look, those are amazing numbers. And look, if historic data tells us anything, Dan called these numbers in February 2024, and he's calling them here now. That's what 2025 looks like. Any fears of what could happen within the new administration coming into next year?
Okay, so think about it. Even though the bears do come out every once in a while, they're sitting in the cave with their Pepsi slushies and a bag of Doritos. Now there's new organic Doritos. I just found out about that the other day. Go check them out. Organic Doritos. Can you imagine? You think the bears are eating the door of organic Doritos?
No, it's counterintuitive. Doritos are Doritos. It is. Right, you just want to eat them and get nauseous. Exactly. Okay, so we're going to wrap this up. It's really a pleasure. We are going to have one more, I hope, before the end of the year. Dan Ives, Einstein & Ives, Trade Like Einstein, Money News Network. We are covering in for our friend Nicole Lappin, who's on maternity leave.
Ladies and gentlemen, we are in the midst of a revolution. Put your money to work. We have explained this to you on any level. Get your feet in the water and get busy making money, not losing money. Invest in stocks, not stocks. Have a great holiday. That's it, my man. Dan Ives. Giddy up. Boom. That's all I got to say about that.
Hey everybody, it's me, the Einstein of Wall Street from the floor of the New York Stock Exchange. Ladies and gentlemen, I'm going to be your temporary host sitting in for Nicole Lappin of Money Rehab as she is on maternity leave. We're gonna be doing episode after episode every day of what the heck's going on, giving you a forensic breakdown of what's happening into the market as we end 2024.
We'll be seeing a lot of you, so stay tuned.
Three, two, one. Hey everybody, it's me, the Einstein of Wall Street. We are here with Trade Like Einstein. I am Peter Tuchman, and we're here on the floor of the New York Stock Exchange in the balcony. History is made in this building every single day.
Somebody with my long-term experience, I've been here for 137 years, it is my responsibility to help teach you how to navigate this market successfully. Boom!
Hey everybody, it's me, the Einstein of Wall Street. Wow, what a day. This morning, I believe the PPI numbers came in, and they were not as good as we would want. So that definitely set the stage for an interest rate cut, but that also dragged down on the market in some sectors more than others.
Look, we came in this morning, Mr. Trump, our soon-to-be president, was nominated Person of the Year by Time magazine, and they, in cahoots with the New York Stock Exchange, decided that they would then ring the opening bell
and make a party out of it and they sure indeed do that uh you know i've been on the stock exchange for 137 years i've seen you know presidents come and presidents go the last president who i was there for was the last president who was there was bush number one And he and his wife came to the floor, I believe. And no, maybe just him. And then the younger Bush's wife came without him after 9-11.
But yes, Bush one was there. We ended up powdering his shoes, which is a bit of a gag that we do on the floor of the exchange. But he was the last president to be there. Obama, Clinton, or Mr. Biden, none of them had been down to the floor. So this was a big deal. And so this morning we came in, security was off the charts, as rightly so, two attempted assassinations on Mr. Trump.
So they basically really needed to set the stage so that there was no chance that, God forbid, anything could happen to the next president. So we had, you know, and also inside the floor of the exchange, it was just set up for, you know, a smooth entry in, a smooth entry out.
We were sort of, you know, our maneuverability on the floor as brokers was a little bit restricted, but that's okay for an event like this. So be it, so be it. So they honored him upstairs and he came with an incredible entourage. I did send some pictures, hopefully that you will be able to see them. But Mr. Vance, J.D. Vance, the vice president to be, was also there.
Mr. Trump's wife and daughters were there. And all the CEOs of all the largest hedge brokerage firms were there. David Solomon, head of Goldman, and a number of others, chiefs and chiefs were there. And then a couple of heads of major hedge funds were there. Steve Ackman, who I believe had been a Democrat and had switched parties, was there to support Mr. Trump. He ended up going on CNBC.
Showing 261–280 of 483 · page 14 of 25
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