RUSH TRANSCRIPT Morning I ░░░░░░░░ joined by More as ░░░░░░░░ morning happy Friday George ░░░░░░░░ I do want to ░░░░░░░░ you about the market ░░░░░░░░ there Are things really ░░░░░░░░ to be a delayed ░░░░░░░░ to the super sized ░░░░░░░░ cut them Investors began ░░░░░░░░ believe he actually and ░░░░░░░░ help the economy low ░░░░░░░░ the economy but without ░░░░░░░░ a recession So what ░░░░░░░░ you make of that ░░░░░░░░ decision And what do ░░░░░░░░ expect from the side ░░░░░░░░ we move forward Rate ░░░░░░░░ a very surprising to ░░░░░░░░ the car market did ░░░░░░░░ nothing and people civil ░░░░░░░░ just Britain s is ░░░░░░░░ rape drug the very ░░░░░░░░ day The barker is ░░░░░░░░ It s also outside ░░░░░░░░ up talking to people ░░░░░░░░ think the explanation for ░░░░░░░░ delay have to step ░░░░░░░░ that there was a ░░░░░░░░ of buying of one ░░░░░░░░ to expiration options Those ░░░░░░░░ to be very heavily ░░░░░░░░ to the by side ░░░░░░░░ the providers of those ░░░░░░░░ positions by taking essentially ░░░░░░░░ bullish stance toward the ░░░░░░░░ So there was a ░░░░░░░░ one day Explosion of ░░░░░░░░ side interest but apparently ░░░░░░░░ out very profitably were ░░░░░░░░ now to a more ░░░░░░░░ more investment or rated ░░░░░░░░ think day on Friday ░░░░░░░░ expertise of the dolby ░░░░░░░░ The with triple watching ░░░░░░░░ exploration is probably correct ░░░░░░░░ day but usually we ░░░░░░░░ the triple which options ░░░░░░░░ without there being a ░░░░░░░░ either euphoria or damage ░░░░░░░░ the marketplace So I ░░░░░░░░ Friday maybe steady as ░░░░░░░░ go We fed of ░░░░░░░░ very very stressful demanding ░░░░░░░░ profitable week and I ░░░░░░░░ a baby and on ░░░░░░░░ comparatively class node and ░░░░░░░░ commuters and until we ░░░░░░░░ getting it allows users ░░░░░░░░ the and investors worldwide ░░░░░░░░ probably rochester Lead to ░░░░░░░░ trading volume and volatility ░░░░░░░░ in the last hour ░░░░░░░░ trade We ve been ░░░░░░░░ plenty of volatility when ░░░░░░░░ comes to the broader ░░░░░░░░ especially when we reflect ░░░░░░░░ to the beginning of ░░░░░░░░ on August That only ░░░░░░░░ that ah but here ░░░░░░░░ are the at the ░░░░░░░░ five hundred a near ░░░░░░░░ highs Yet once again ░░░░░░░░ re do expect to ░░░░░░░░ more volatility as we ░░░░░░░░ forward especially given some ░░░░░░░░ the risk events on ░░░░░░░░ horizon for the rest ░░░░░░░░ the dear Very stressful ░░░░░░░░ compared to the rest ░░░░░░░░ the cat calendar year ░░░░░░░░ the marketplace and I ░░░░░░░░ The combination of of ░░░░░░░░ election which is a ░░░░░░░░ close circle than one ░░░░░░░░ an economy is doing ░░░░░░░░ but that s priced ░░░░░░░░ the market today in ░░░░░░░░ prices that are comparatively ░░░░░░░░ You look at the ░░░░░░░░ Stanley estimates for earnings ░░░░░░░░ two thousand and 20 ░░░░░░░░ I think it s ░░░░░░░░ hundred and seventy dollars ░░░░░░░░ the the suv that ░░░░░░░░ you to a starting ░░░░░░░░ that s over 20 ░░░░░░░░ earnings that s not ░░░░░░░░ and so I think ░░░░░░░░ is some bubble risk ░░░░░░░░ the market over the ░░░░░░░░ of this calendar year ░░░░░░░░ to be but more ░░░░░░░░ more than rather than ░░░░░░░░ aggressive in his or ░░░░░░░░ stance toward equities right ░░░░░░░░ this point in time ░░░░░░░░ do want to get ░░░░░░░░ take on crypto So ░░░░░░░░ we look at the ░░░░░░░░ chart for the 20 ░░░░░░░░ hour price action Bitcoin ░░░░░░░░ been gaining traction as ░░░░░░░░ crypto markets try to ░░░░░░░░ from a recent downturn ░░░░░░░░ this morning we saw ░░░░░░░░ I had a high ░░░░░░░░ sixty four okay but ░░░░░░░░ we think about the ░░░░░░░░ a Bitcoin cycle historically ░░░░░░░░ tend to start that ░░░░░░░░ hundred seventy days after ░░░░░░░░ having a bad and ░░░░░░░░ four hundred 80 days ░░░░░░░░ But this rally that ░░░░░░░░ re seeing right now ░░░░░░░░ least for crypto major ░░░░░░░░ do you think that ░░░░░░░░ rally has like Bitcoin ░░░░░░░░ currency is generally is ░░░░░░░░ to be up and ░░░░░░░░ strong I sold for ░░░░░░░░ years now.
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