Resumen del episodio
Today’s Wall Street Closing Bell recap with Peter Tuchman. In today’s episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the “Einstein of Wall Street,” breaks down everything that moved the stock market today. The Dow Jones Industrial Average finished up 50 points while the S&P 500 (SPY) slipped 30 points, leaving a mostly red day across the market. Volume was the standout, with 1.85 billion shares on the tape against an NYSE average of roughly 1.1 billion, plus heavy pair-offs on both sides of the market around 2 p.m. Peter points to a likely fourth quarter reallocation, with funds trimming overweight positions in tech and other sectors, possibly through Russell, S&P 500, or sector exchange-traded fund (ETF) rebalancing. He also flags that the usual relationships between oil, transports, and stocks are breaking down while Treasury yields sit at levels not seen in decades. With interest rates, a new Federal Reserve (Fed) chairman, unemployment,…
Today’s Wall Street Closing Bell recap with Peter Tuchman. In today’s episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the “Einstein of Wall Street,” breaks down everything that moved the stock market today. The Dow Jones Industrial Average finished up 50 points while the S&P 500 (SPY) slipped 30 points, leaving a mostly red day across the market. Volume was the standout, with 1.85 billion shares on the tape against an NYSE average of roughly 1.1 billion, plus heavy pair-offs on both sides of the market around 2 p.m. Peter points to a likely fourth quarter reallocation, with funds trimming overweight positions in tech and other sectors, possibly through Russell, S&P 500, or sector exchange-traded fund (ETF) rebalancing. He also flags that the usual relationships between oil, transports, and stocks are breaking down while Treasury yields sit at levels not seen in decades. With interest rates, a new Federal Reserve (Fed) chairman, unemployment,…
Episodios
Heavy Volume and Broken Correlations as Fourth Quarter Rebalancing Hits the Market | Wall Street Closing Bell with Peter Tuchman
EscuchadoToday’s Wall Street Closing Bell recap with Peter Tuchman. In today’s episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the “Einstein of Wall Street,” breaks down everything that moved the stock market today. The Dow Jones Industrial Average finished up 50 points while the S&P 500 (SPY) slipped 30 points, leaving a mostly red day across the market. Volume was the standout, with 1.85 billion shares on the tape against an NYSE average of roughly 1.1 billion, plus heavy pair-offs on both sides of the market around 2 p.m. Peter points to a likely fourth quarter reallocation, with funds trimming overweight positions in tech and other sectors, possibly through Russell, S&P 500, or sector exchange-traded fund (ETF) rebalancing. He also flags that the usual relationships between oil, transports, and stocks are breaking down while Treasury yields sit at levels not seen in decades. With interest rates, a new Federal Reserve (Fed) chairman, unemployment,…
Oil Runs the Market as Stocks Digest the New Fed Chair's Rate Hike | Wall Street Closing Bell with Peter Tuchman
EscuchadoToday's Wall Street Closing Bell recap with Peter Tuchman. In today's episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the "Einstein of Wall Street," breaks down everything that moved the stock market today. Stocks slipped as the market worked to digest the interest rate hike delivered under the new Federal Reserve (Fed) Chairman. The S&P 500 (SPY) was off 10 points and the Dow Jones fell about 160 points, with declines outpacing advances 2 to 1 on 1.2 billion shares, while the Volatility Index (VIX) ticked higher. Oil was the story of the day, surging to 107.57 after trading below 90 just two sessions earlier. Peter explains why crude holding above 100 keeps inflation sticky and pushed the Fed to raise rates. He also covers bond yields at multi-decade highs, the rising cost of debt across the economy and the AI trade, and how the tech sector has split from the Magnificent 7 into compute, memory, software and hardware plays. With retail and…
Oil Drives the Market as Stocks Slip After the Fed Rate Hike | Wall Street Closing Bell with Peter Tuchman
EscuchadoToday's Wall Street Closing Bell recap with Peter Tuchman. In today's episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the "Einstein of Wall Street," breaks down everything that moved the stock market today. Stocks slipped in a confusing session, with the S&P 500 (SPY) down about 10 points and the Dow Jones off roughly 160, even as the S&P 500 holds onto a multi-week winning streak. Declines outpaced advances 2 to 1 on 1.2 billion shares while the Volatility Index (VIX) ticked higher. Peter says crude oil is the name of the game, jumping to 107.57 after dipping below 90 earlier in the week, and the entire market is trading off the oil trade. Sticky inflation from prolonged oil prices above 100 triggered the interest rate hike under the new Federal Reserve (Fed) chairman, making debt more expensive across the economy and putting pressure on the bond market. Add in the AI trade around OpenAI and ChatGPT, now split across compute, memory, software,…
Nasdaq Hits Record Highs as Tech Shrugs Off the Fed Rate Hike | Wall Street Closing Bell with Peter Tuchman
EscuchadoToday's Wall Street Closing Bell recap with Peter Tuchman. In today's episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the "Einstein of Wall Street," breaks down everything that moved the stock market today. The session delivered a sharp intraday reversal, with the Nasdaq trading at record highs less than a week after the Federal Reserve (Fed) raised interest rates. The Dow Jones finished lower and the S&P 500 (SPY) closed roughly flat after swinging through a wide range, while advances versus declines landed at an even 50-50 on 1.25 billion shares, a split Peter reads as sector rotation. Tech stocks, which many expected to stay under pressure after the rate hike, came right back into play as patient buyers let early sellers come to them. Oil pulled back from the 105 to 108 range that kept inflation sticky and set up the Fed's decision, gold edged higher, and transports slipped. Peter also explains how the new Fed chair is keeping Wall Street…
Stocks Rally With Conviction as Wall Street Digests the Fed Rate Hike | Wall Street Closing Bell with Peter Tuchman
EscuchadoToday's Wall Street Closing Bell recap with Peter Tuchman. In today's episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the "Einstein of Wall Street," breaks down everything that moved the stock market today. After weeks of negative headlines about inflation, a new Federal Reserve (Fed) chair, and rising interest rates, the market finally showed its real verdict on the Fed's rate hike. With no fresh bad news hitting the tape, stocks rallied broadly. The Dow Jones gained 370 points and the S&P 500 (SPY) posted a strong advance on 1.2 billion shares traded. Peter reads the session as buying with intent, with investors stepping in to make foundational purchases. Gold slipped slightly as some hedges came off. Brent crude oil pulled back for the first time in days after trading above 105 and nearly touching 110, levels that fueled inflation fears and set the stage for the hike. Markets had priced in an 82% probability of a rate increase, yet the…