Plague panic, Senate tsunami & trade war | Ryan Jespersen

There's no reason to beat a dead horse.

So we are, like, super deep into the midterms, uh, trading bonanza.

Um, early voting, we're not that far away from it.

So I'm gonna read some headlines from the midterms that have popped this week, and then, um, maybe we can do a little buy, sell, hold on them and, uh, figure out what trades we like that are related.

Okay.

So, um, I'm gonna start us where every midterms conversation has started this cycle, which is in Texas.

So I saw this tweet from AdImpact.

Uh, AdImpact, you pay them a lot of money, they tell you where all of the advertising in America is happening.

AdImpact posted today, quote, "Texas PAC, a Senate Leadership Fund affiliated pro Ken Paxton group, is revising some of the reservations through October 12th.

So far we've seen $3.5 million removed." Um, notably they still have almost $30 million booked, but they are pulling out, uh, about 10% of their fundraising.

Um, Brian, what does this tell you? Is this, is this a buy, a sell, or a hold if you are a, um, a I knows James Talarico Blue Texas shares at 65 cents now.

Well, I actually wanna ask you, because, uh, I've never worked on a campaign.

Um, I, I know your experience is more kind of on the Hill than, than turning out the votes.

Yeah.

But I, I guess I, I, I'm sometimes skeptical of these spending headlines.

It feels like sometimes people hyperventilate about, "Oh, this, this group is pulling out of this place," and then three days later, you see they just bought, and it was sort of like they were just shifting maybe what market in the state they were buying or...

Like, it, I'm skeptical of these spend, of s- ad spends being, like, that big of a headline, but am I wrong? And how-

Oh, you're calling this noise? You're basically saying this is not signal, this is noise.

Uh, I'm skep...

I mean, it, it's tempting because it really seems to fit what feels like the signal right now, which is-

Yeah

...

Republicans are, are circling the wagons and retreating and, like, heading for the highest ground possible.

And so it makes sense, although I, I guess I also sort of have a prior that they will never give up on Texas.

It's too red.

There's no reason to beat a dead horse.

So we are, like, super deep into the midterms, uh, trading bonanza.

Um, early voting, we're not that far away from it.

So I'm gonna read some headlines from the midterms that have popped this week, and then, um, maybe we can do a little buy, sell, hold on them and, uh, figure out what trades we like that are related.

Okay.

So, um, I'm gonna start us where every midterms conversation has started this cycle, which is in Texas.

So I saw this tweet from AdImpact.

Uh, AdImpact, you pay them a lot of money, they tell you where all of the advertising in America is happening.

AdImpact posted today, quote, "Texas PAC, a Senate Leadership Fund affiliated pro Ken Paxton group, is revising some of the reservations through October 12th.

So far we've seen $3.5 million removed." Um, notably they still have almost $30 million booked, but they are pulling out, uh, about 10% of their fundraising.

Um, Brian, what does this tell you? Is this, is this a buy, a sell, or a hold if you are a, um, a I knows James Talarico Blue Texas shares at 65 cents now.

Well, I actually wanna ask you, because, uh, I've never worked on a campaign.

Um, I, I know your experience is more kind of on the Hill than, than turning out the votes.

Yeah.

But I, I guess I, I, I'm sometimes skeptical of these spending headlines.

It feels like sometimes people hyperventilate about, "Oh, this, this group is pulling out of this place," and then three days later, you see they just bought, and it was sort of like they were just shifting maybe what market in the state they were buying or...

Like, it, I'm skeptical of these spend, of s- ad spends being, like, that big of a headline, but am I wrong? And how-

Oh, you're calling this noise? You're basically saying this is not signal, this is noise.

Uh, I'm skep...

I mean, it, it's tempting because it really seems to fit what feels like the signal right now, which is-

Yeah

...

Republicans are, are circling the wagons and retreating and, like, heading for the highest ground possible.

And so it makes sense, although I, I guess I also sort of have a prior that they will never give up on Texas.

It's too red.