Tom Lee’s ‘Everlong’ SPX Target
40:26 Share

Dan Nathan returns from his grand European tour and joins Guy Adami to discuss current market trends. They explore the implications of recent activities in the SPX, including divergences between the market cap weighted and equal weight indices, and delve into Tom Lee's bullish 15,000 S&P 500 prediction by 2030. Other topics include Nvidia's recent insider selling patterns and the potential influence on stock performance, FedEx's upcoming earnings as a potential market indicator, and the impact of AI and tech investments on the broader market. 

What We're Reading

• Why Tom Lee Thinks We Could See S&P 15000 by 2030 (Bloomberg))

• The stock market is in its longest stretch without a 2% sell-off since the financial crisis (CNBC))

• Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up (Bloomberg))

Charlie Bilello) on the equal weight S&P 500 lagging behind

- Jason Goepfert) on Nvidia insider Selling

- ZeroHedge): 80% of the S&P has entered buyback blackout window: Goldman

Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe)

—

About the Show:

On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market.

—

Check out our show notes here)

See what adding futures can do for you at cmegroup.com/onthetape).

—

Shoot us an email at [email protected]) with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod) on Twitter or @riskreversalmedia) on Threads

—

We’re on social:

Follow @GuyAdami) on Twitter

Follow Danny Moses @DMoses34) on Twitter

Follow Liz Young @LizYoungStrat) on Twitter

Follow us on Instagram @RiskReversalMedia)

Subscribe to our YouTube) page

The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal.

Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.

Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.