The Friday Night Dirty

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com In this Friday “Morning” release of the Friday Night Dirty the guys reference the “Cruel Summer” of trading that appears to be forming.

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com The guys open the “Dirty” with a little “wrecking ball” and they are referring to the impact the strong dollar has been having on Gold and other commodities as well as the rotation we are seeing in the markets. One week after Warsh’s first Fed meeting as Chair, the guys provide an updated perspective...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com In this episode, Vinnie dials in from California fresh off an on-site visit to Glass House Brands (GLASF) and shares his takeaways. They also dissect Kevin Warsh’s first Fed meeting, reading his hawkish tone as “temporary”, and they discuss how the move lower in Oil is creating an opportunity  in ene...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com The guys bring in the Dirty this week with an REM song that Vinnie used as inspiration in a note earlier this week. They discuss the SpaceX IPO and its implications for the markets. Speaking of “Capital Markets”, PCT found itself also offering shares to investors this week, albeit with much less fanf...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com Welcome to a new and improved “Friday Night Dirty” which now includes video and hopefully better audio than before! The opening song, ‘Black Hole Sun”, describes what we (Porter) are seeing in A.I. related stocks as they suck in all the capital while other stocks and sectors are left behind, especial...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com A special guest pops in for the Friday Night Dirty and his voice will sound familiar…. After some Mets banter, and yes, Vinnie should be the next GM for the New York Mets (seriously), we get into Powell’s “lLast Dance” as Fed Chair and what Warsh appears to be inheriting. The guys discuss “Big Tech”...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com A special Friday morning recording of the Friday Night Dirty and the theme is “I Don’t Know”.The guys try and make sense of the markets as every headline seems to create more noise. Vinnie shares his thoughts on American Express following their earnings report and what it tells us about the U.S. Cons...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com Sergeant Hulka pays a visit to ‘The Friday Night Dirty.’Vinnie and Porter try and give Danny a cure for his “Bullmonia” (see Vinnie’s note this week).The boys share their thoughts now that the markets are back to new highs. They give an overview of Bank earnings thus far and also share thoughts on Ca...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com Hello Friends!!!!A special Masters edition of the Friday Night Dirty from a Substack “unlike any other”.The Masters golf tournament has been a nice distraction but the guys do their best to break down what they believe is moving markets. While most of the focus has been on the “Macro” there is plenty...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com In this special Thursday edition of The Friday Night Dirty we are joined by our great friend James Aitken. We have known James since he began writing “Notes From A Small Island” in late 2006 while he was working on the FX Trading Desk at UBS in London and we have leaned on James to better understand...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com Another volatile week in the markets and plenty to talk about. Vinnie is deep in a nerd fantasy baseball draft but Porter and Danny cover it all and try to “Roll with the Changes" The moves in rates and oil are only exacerbating the issues we were already dealing with in Private Credit and A.I. relat...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com The guys do their best to sift through the noise in the markets and try and make sense of things. One thing is certain, the current state of affairs is unsustainable and if oil stays at these levels things will get much worse. Even Jerome Powell had his “Jeff Spicoli” (Fast Times at Ridgemont High) m...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com The boys are without Danny this week! Porter and Vinnie are trying to sort through the fog of war. It’s a bear/bull debate on private credit. And so much more! Enjoy!

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com It’s a long Dirty from the guys this week as there is a lot to discuss. The War in Iran is having an impact on many things but none bigger than oil and the guys discuss what that means for stocks and the economy. The lower-income consumer was already struggling to keep up with costs and now the high-...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com It’s a packed ‘Friday Night Dirty.’ The Boys are back from Miami and they give us their recap. Vinnie meets with Citrini (in a dark bar) and digs deeper on the A.I. “Dystopian” Memo released at the beginning of the week and it appears Jack Dorsey agrees (see XYZ).Open AI completes largest private fun...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com While Porter is away, the Donkeys will play! They bring back an Electric Company Skit from 1971 and break down the news of the week from Blue Owl , CVNA, Gold, and who in the world is Vipin Arora? Plus what tensions in the Middle East might mean for energy stocks. And, don’t miss “The Danny Moses Sho...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com It’s a busy week in the markets and the guys try and explain it using an updated mantra.. Vinnie is spending more time on consumer credit and Porter is spending some time with a PhD and both have some takeaways… It doesn’t appear SoftBank learned it’s lesson from a few years ago and debt issuance con...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com You might be wondering why the “song of the week” was chosen..the guys will explain. It was a busy week in the markets as Anthropic sent shockwaves through the Software sector. Google and Amazon continue to increase capex related to A.I. buildout. The market continues to digest the Warsh Fed Chair no...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com The boys begin with one of their favorite trading desk songs and a great story behind it.. They touch on the violent moves in Gold and Silver and what the appointment of Warsh might mean for the Federal Reserve, Banks and the Markets. Of course they get into Tesla (TSLA) earnings and discuss the Carv...

A Special Friday Night Dirty for all subscribers kicked off with a little “Beastie Boys” and that set the tone for the episode. The guys hit some earnings and went deeper into their “Anybody Seen Richie” note from earlier this week. Natural Gas moving higher, along with many other commodities including Gold, and the guys highlight their top picks. They bring back a new bit from last week and expla...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com That’s right - in the spirit of the NFL Playoffs and as an ode to Randy Moss the guys introduce a new segment! Plus, they take a look at bank earnings and the proposed 10% cap in credit card rates. Then, they discuss new power deals and electricity demand caused by A.I. and the recent move higher in...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com It’s a busy and dirty Friday on the pod. The guys break down: * what stocks and sectors have become “sponge-worthy” * where they see charts lining up with fundamentals * recent policy announcements impacting the Housing sector, including thoughts on Fannie and Freddie * their Seawolf Annual Letter an...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com It’s an early drop for this week’s ‘The Friday Night Dirty.’ In the spirit, the guys start with a holiday poem they think you will enjoy. Then, the talk shifts to gold and how its now as big as the top 20 companies in the world combined. Danny, Porter and Vinnie revisit the Sable Offshore story (SOC)...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com It’s that time of the week! The boys share their latest thoughts on the “AI” trade and the daily swings in sentiment in the sector. They go onto discuss President Trump’s executive order on Cannabis and his comments related to housing affordability. Then, a deep dive breakdown into the “What Up E” pi...

This is a free preview of a paid episode. To hear more, visit whatarewedoingonthedesk.substack.com It’s that time of the week! On this episode of the pod: The guys open with an ode to U2 (Silver and Gold) and then quickly jump into a recap of the FED meeting. Then, they pivot to the week that was with Bonds and AI and it was a week that was not good! The discussion moves into the potential resched...