Peter Tuchman reports from the NYSE after a wild week ending on Friday the 13th/Valentine’s Day. He says the Dow closed up around 49,500, inching back toward 50,000 after Thursday’s significant, broad-based selloff, while buyers stepped in with intent on solid volume (about 1.4B shares) and strong advances over declines. He notes transports and industrials were up, tech remained under pressure, and he discusses anxiety around the AI narrative while arguing the tech trade is pausing rather than broken. He adds CPI came in a bit lower than expected, earnings have been softer, and more clarity is needed from upcoming economic data, inflation/employment updates, interest-rate-cut expectations, and political headlines. He mentions gold and silver had surged then pulled back, crypto remains under pressure, and margin calls may be forcing some selling elsewhere. He closes with Valentine’s Day wishes and a reminder that a three-day market closure can create added weekend uncertainty.
00:00 Einstein of Wall Street Intro from the NYSE Floor
00:50 Friday the 13th Market Close: Dow Near 50K, SPY Recap
01:13 Today’s Bounce After the Selloff: Volume, Breadth & Sector Check
01:55 AI/Tech Anxiety vs. the Bigger Bull Narrative
03:17 What’s Driving Uncertainty: CPI, Earnings, and Lack of Clarity
03:46 Looking Ahead: February Catalysts, Fed/White House Headlines
04:16 Gold, Silver, Crypto Pressure & Spillover Into Stocks
04:44 Valentine’s Day Sign-Off + 3-Day Weekend Warning
05:20 Final Goodbye: Trade Like Einstein Closing Remarks
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