Breaking News on Inflation & David Meltzer on Making Millions and Working with the Real-Life Jerry Maguire
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I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab.
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 going to 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. And stay tuned for some of the best interviews I've done since the beginning of this show in 2024 in food, in fashion, in finance. and fun. 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 from the floor of the New York Stock Exchange. What a spectacular day for the last two days. Right? Let's go over it, man. Let's forensically break this down because it is so significant. Friday, we hit record highs, okay? Record highs due to the, we've been a little bit flat for maybe a week and change, right? I told you that eight out of eight times in the presidential cycle, 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.
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Chapters
2 chaptersSpeakers
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