Episode Details

The sun comes out over Wall Street following a bit of a scary rainstorm Tuesday night.

Tech stocks initially reacted sharply lower as a democrat sweep in the U.S. mid-term elections looked very likely. But the dip buyers stepped in, staples, utilities leading the charge higher, tech eventually coming around too.

Stocks with friendly ties to the U.S. Administration fell Tuesday night and largely stayed down Wednesday morning. Elon Musk's SpaceX (SPCX) and Tesla (TSLA) were down around 6%. Palantir (PLTR) was down 4%; Intel (INTC) was down 8%. (Shout out to Bharat on the amazing call on shorting SPCX and TSLA early Tuesday afternoon!)

Advanced Micro Devices (AMD) seemed like the bull trap... then the dem-sweep sell off seemed like it trapped bears. Approaching the open, shares of AMD were harpooned, selling off 40 points despite it's solid results and guidance.

Our special Wednesday guest: Blu Putnam, founder of Bayesian Edge and STN's Chief Economist. Please bring some sense to this market, Blu...

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Disclaimer: the views, thoughts, and opinions expressed in this content are not investment advice and are for informational purposes only.