RiskReversal Recap: February 12, 2024

SMH Options Trade; M&A Picking Up; AI vs Internet Bubble

Today’s MRKT Call is Presented by Factset

Watch Out For Stocks Trading At Extremes

Dan Nathan, Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Monday, Feb 12th

Click here to access all of the charts mentioned in today’s MRKT Call.

what we’re watching

Dan’s Bearish SMH Options Trade

Topic Timecodes:
Trading at Extremes (0:00); SMH Trade (22:30); Energy (31:45); S&P 500 + VIX (37:00)

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Today’s On The Tape is Presented by CME Group, iConnections and SoFi

"The S&P 500 Can't Mask The Chaos"

Dan Nathan and Guy Adami are shaking off the Super Bowl hangover and bringing you another episode of ‘On The Tape’. On today’s pod, the guys discuss when to pivot your market view, small caps lagging, concentration in a handful of mega-cap tech stocks, the market discounting bad news, M&A picking up & earnings.

Topic Timecodes:
When To Pivot (0:00); Nvidia (11:15); M&A + Earnings (18:15)

WHAT WE’RE READING

  • Stocks Flash Sell Sign After S&P Tops 5,000, Piper Sandler Says (Bloomberg)

  • S&P 5000 Can’t Mask the Chaos Beneath the Stock Market’s Calm (Barron’s)

  • Nvidia is Now Worth as Much as the Whole Chinese Stock Market (Business Insider)

  • Stocks Are at Records, but Are They Expensive? These Models Have an Answer (WSJ)

  • Want to Beat The Stock Market in 2024? Here's How To Do It, According To BofA. (Business Insider)

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