RiskReversal Pod

Apex Fintech Solutions provides the tools and services that enable hundreds of clients to launch, scale, and support digital investing for tens of millions of end investors. The company provides essential infrastructure and a comprehensive ecosystem of cloud-based products to enable and streamline trading, wealth management, cost basis, tax reporting, and, through its subsidiary Apex Clearing™, custody and clearing.

LEARN MORE: https://apexfintechsolutions.com/?utm_source=Risk+Reversal&utm_medium=Podcast&utm_campaign=701PJ00000fnXhaYAE

Learn more about Astraeus Wealth Management: ⁠http://astraeuswealth.com/partner-with-us⁠

Guy Adami and Liz Thomas discuss a sharp market selloff led by semiconductors and the AI/data-center trade, noting semis peaked mid-June, the NASDAQ entering correction territory, and that large one-day drops are historically periodic. They review Thomas’s tactical bond call as 10-year yields fall from about 5.25% to around 4.87%, debate how strong jobs data, incomplete CPI year-over-year comparisons due to last year’s shutdown, and tightening financial conditions could influence a potential December Fed hike, and touch on rotations into healthcare (XLV rally then profit-taking), consumer risks, and uncertainty in energy and refiners. In Austin at Apex’s Innovation Summit, Dan Nathan and Guy interview Apex Fintech Solutions CEO Bill Capuzzi on fintech/wealth convergence, custody and risk management, Apex’s real-time ledger and Ascend OS, skepticism about near-term tokenizing public stocks versus utility in private securities, prediction markets (sports vs elections and hedging use cases), and maintaining culture while scaling.

—FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal MediaThe 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.

This episode is sponsored by Fidelity Investments and the all-new Fidelity Trader+ platform.

Try Fidelity’s most powerful trading experience yet: Fidelity.com/TraderPlus⁠

Fidelity Investments and Risk Reversal are not affiliated. Views, opinions, products, services, and strategies discussed are not endorsed or promoted by Fidelity Investments. Fidelity Brokerage Services LLC, Member NYSE, SIPC.

Apex Fintech Solutions provides the tools and services that enable hundreds of clients to launch, scale, and support digital investing for tens of millions of end investors. The company provides essential infrastructure and a comprehensive ecosystem of cloud-based products to enable and streamline trading, wealth management, cost basis, tax reporting, and, through its subsidiary Apex Clearing™, custody and clearing.

LEARN MORE: https://apexfintechsolutions.com/?utm_source=Risk+Reversal&utm_medium=Podcast&utm_campaign=701PJ00000fnXhaYAE

Dan Nathan and Guy Adami recap the Apex Innovation Summit in Austin ahead of an interview with Peak6/Apex founders Jenny Just and Matt Hulsizer. They discuss midterm-election market reactions, a sharp two-day rotation and selloff led by AI-centric stocks and semiconductors (including major declines in Nvidia and the SOXX/SMH), widening stress in “neocloud” names like CoreWeave, and high volatility spilling into banks and private-credit-related financials. They review an October jobs report print of 165,000 versus an estimate near 70,000, its impact on yields, and how the Fed’s inflation fight could be complicated by an AI-trade slowdown. In the interview, Just and Hulsizer cover innovation such as prediction markets, 24/7 trading, fractional options, liquidity provision, investing in founders and culture, “Poker Power” and risk-taking, and Apex’s stock-rewards loyalty programs.

Show Notes

Trump’s Trouncing Gives Warsh Room for Maneuver on Rates (Bloomberg)

—FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

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.

Dan Nathan hosts Dan Ives to discuss a sharp Nasdaq and semiconductor selloff, shifting AI leadership, and how investors should navigate violent drawdowns. Ives explains his move from Wedbush to the new Yorkville Ives “modern merchant bank,” continued involvement with the Ives ETF, and the launch of a $200 million IPO vehicle investing in private AI companies. They debate AI as an 8–12 year buildout versus dot-com, emphasizing the gap between massive CapEx and monetization, energy constraints, and leverage risks at firms like Oracle and neo-clouds. The conversation contrasts Microsoft’s enterprise-driven AI upside with Alphabet’s ad/search cannibalization fears, highlights stock-picking across chips, hyperscalers, software, and cybersecurity, and examines bear arguments on GPU depreciation, token economics, and political risks from potential data-center restrictions after midterms.

—FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

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.

In a solo Monday edition of the RiskReversal Podcast, Dan Nathan recaps a volatile week marked by major tech earnings, a Fed decision and press conference, rising yields, and looming catalysts including the election and the October jobs report. He notes the S&P’s tight consolidation despite sharp moves in mega-cap tech, with weakness in Alphabet, Meta and Amazon contrasted with relative strength in Microsoft, and highlights a dramatic Intel plunge on weak guidance as a warning about AI-trade narratives, heavy CapEx and negative cash flow. He questions enthusiasm for massive AI-related IPOs amid widespread debt and capital raising by large tech firms, flags stress in “neo-clouds” and software (including ServiceNow), and previews key upcoming reports from Apple, Palantir, AMD and others while discussing oil, volatility and market positioning.

—FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

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.

Josh Brown, CEO of Ritholtz Wealth Management and co-host of The Compound and Friends, joins Dan Nathan for a wide-ranging conversation recorded on a volatile morning for AI stocks. They dig into why Josh calls this “the age of AI” rather than a trade. They also cover why he thinks the long-term winners will have to own their compute end to end, and whether Anthropic’s upcoming IPO can draw real retail demand at a $1.5–2 trillion valuation.

Josh also explains his framework for finding the best stocks in the market: start with the stocks that are already going up. He covers how Ritholtz uses custom indexing and 130/30 strategies to harvest tax losses. And he makes the case that Elon Musk may have built the last trillion-dollar company that everyday investors got to ride from the start.

—FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

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.