Christian Fromhertz, Founder and CEO of Tribeca Trade Group
-Christian has 15+ years of experience in the Financial Industry. Previously, Christian was a Director and Senior ETF Trader with Bank of America Merrill Lynch. While at BAML, Christian traded for Institutional clients and provided risk markets in domestic, international, fixed income, commodity, and currency ETFs. He also traded programs, customized indices, futures and swaps on their Delta One Trading Desk.
-Christian has 15+ years of experience in the Financial Industry. Previously, Christian was a Director and Senior ETF Trader with Bank of America Merrill Lynch. While at BAML, Christian traded for Institutional clients and provided risk markets in domestic, international, fixed income, commodity, and currency ETFs. He also traded programs, customized indices, futures and swaps on their Delta One Trading Desk.
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NewsTranscript
00:00 Before he goes, I want his stock in the next bull market.
00:03 I was asking everybody, don't know when the bull market is.
00:06 We're not trying to time it.
00:07 We're just trying to say, what is the one stock you would own when the next bull market?
00:11 You were saying, but you gave us Palo Alto and CrowdStrike that you like short term,
00:14 you know, if they start to pull back.
00:16 But one stock you'd like to own in your long-term portfolio for the next bull market?
00:20 One stock, only get one.
00:22 Only get one, huh?
00:24 Oh boy.
00:26 So I'm watching, and I'll give you a technical level too, but I'm watching Tesla and I want
00:32 to see, now Tesla had, you know, I don't like it for the short term because their quarter
00:37 was not good.
00:38 And sometimes when a name has a rough quarter, they report a rough quarter, they're kind
00:44 of like dead money until they have a better, either some type of fundamental news that
00:49 comes out between the next earnings report or the actual earnings report themselves.
00:54 But right, this level right here, this 205 level, you know, and you could give it a little
00:59 bit more room and I guess say 200, but if it breaks 200, then I would say get out of
01:03 the way.
01:04 But if we, if it can firm up around this 200 level for the long-term, I like Tesla.