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Josh Brown cracked that NKE was "rallying on news that Pershing Square got out." Judge said, "Ackman made a quick hundred million on that. Uh, nice trade. He needed it, too."
Footnotes Mexico Rob Sechan conceded, "There is headline news that is driving short-term sentiment without a doubt."
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Judge said Jeffrey Gundlach made a "damn good call" on commodities. Joe said "tethered," not this time in regard to HES and oil but how rates and energy are linked to consumer behavior.
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Stacey of Gainesville, VA What happened to that one person Judge was talking to who took ‘full advantage’ of FB’s Monday selloff?
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Joe said he would've expected "a little bit more of a linguistic response" by now.
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Thanks, David! Judge said he was surprised that an official at the level of Peter Navarro was openly questioning 3 rate hikes, apparently ignoring the fact Navarro is/was a CNBC pundit, and that's typically what CNBC pundits do (but Judge says Navarro is wearing a "different hat" now). Ron Insana said most conservatives over 9 years have accused the Fed of being too easy, now here's this, so "there's some cognitive dissonance" (those words are too big for us to understand).
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