"When's the last time you read the L.A. Times," O'Leary asked. Sully said, "I read it today." Joe Terranova said the "most relevant thing" about GE is that 7 of the last 8 quarters, the stock has fallen on the earnings report.
Pete said X April 42 calls were popular. Pete delivered an update on JBL, stating it was a "really nice trade."
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Josh Brown said GOOGL has made an accounting change in which it will report "directly on the valuations of the Google Venture holdings," one of which is Uber.
But Steve Weiss said, "Every asset they've acquired has tremendous synergies." He said he doesn't think you lose money buying it now.
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"What do you mean," Brown said. Jim Lebenthal on Tuesday's Halftime got a bit of redemption on his "half-position" in ROKU, noting the big gains Tuesday and stating, "The question is, when do I add to it ... You need to see if these things are equating to more users."
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15. Pawn something Josh Brown said, "I'll take the under on 'say goodbye to passive investing.' Anyone can bet me that 3 years from now, we will see less money invested in ETFs and indexes. If they wanna bet- make that bet, they'll lose. Um, I respect those opinions. They're just wrong."
May 9 at 2:43pm · Cohan said he thinks it's "long overdue" for a woman to run a Wall Street bank, but right now, there's "no woman in position to do that" and "no woman who is, uh, in a position to be taken seriously uh to be a candidate to do that."
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