From the NYSE Schwab Network set, Nicole Petallides catches up with long-time trader Peter Tuchman. Dubbed the "Einstein of Wall Street" and labeled as the "most photographed trader on Wall Street," Tuchman provides historical context, humorous wit, and a lot of advice for young investors just getting started. Plus, Tuchman provides his thoughts on the 2024 Election, the A.I. trade and dealing with stress while trading.  

Market Overtime gives Nicole Petallides and Peter Tuchman a chance to talk openly. Both Wall Street Veterans in their own right, and friends for decades. They each appreciate the opportunities the NYSE brings, along with its iconic history. The NYSE website reads "The New York Stock Exchange is where icons and disruptors come to build on their success and shape the future." "Our word is our bond" describes the mantra of how things transpire daily. It's one big family and sometimes generations of families trading, such as Peter Tuchman and his son. There is a feeling of respect and order. The NYSE is the financial capital of the world by market capitalization and has a rich history.

At 9:30 AM ET the opening bell rings. Trading is wild, the hustle and bustle, the shouting, the IPOs, the balancing of the trading books. "Hold it" as a trader rushes into the crowd with one more order. The passion and pace are not for the faint of heart. The competitive spirit is truly fierce, but when the closing bell rings at 4 PM you hear "good night gentlemen," "get home safe."

Nicole Petallides describes her role on Schwab Network as anticipating and covering all this exciting news, getting the story in real time from the brokers and executives, seeing charts move and everyone quickly deciphering what's happening. It's fast, and everything is on the line: money, credibility, the welfare of others, and jobs.  Breaking news mode she characterizes as most exciting: trading halts for "News Pending " or hitting a "Circuit Breaker,” Fed Moves – and there's wars, crashes, attacks, pandemics and understanding how and why each part of the market reacts exactly the way it does .... that is the perspective valued most.

"Get home safe" is not taken lightly.  New Yorkers will never forget the 9/11 terrorist attacks, and when the NYSE reopened on September 17th it showed the heart, the resilience, and the importance to resume trading . The world depended on it.  Everyone arrives daily by trains, ferry service, cars, and helicopters. When the opening bell rings, the lively horse race of Wall Street is off and running again and again.

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