Rebels Edge · Mon, Sep 28, 2026

Nvidia Just Announced the Biggest Stock Buyback Ever

Summary

The hosts discuss a choppy market, rising oil prices and Treasury yields, and a higher VIX before focusing on Nvidia’s reported buyback expansion and Diamondback Energy’s outlook. They also review Nvidia options activity, promote Rebel Con 2026, and discuss football results and sports prediction markets.

The hosts anticipate upcoming employment data and discuss how a strong report could affect monetary policy.
Crude oil trades near $95.52 as the hosts discuss Iran-related supply risks and broader market pressure.
The VIX rises roughly 10% to around 16, a level the hosts describe as consistent with the equity decline rather than alarming.
The hosts say Nvidia added $150 billion to its buyback authorization, bringing the total to approximately $235 billion and calling it the largest in corporate history.
Nvidia options activity includes roughly 10,000 contracts at the $235 strike; the hosts highlight subsequent gains and the stock’s relative strength.
The hosts remain positive on Diamondback Energy despite a Morgan Stanley downgrade, citing higher oil prices, an earnings beat, and raised guidance.
Rebel Con 2026 is promoted for October 20–21 at Circa in Las Vegas, with sessions on investing, options, and risk management.
The sports discussion covers football upsets, player safety, and reported prediction-market winnings tied to Baltimore.

NVDA FANG ARM AAPL MS

Full transcript

Welcome back to a fresh week of the Rebels Edge. The only thing not fresh is the heartbeat market which is back.
We're going up, we're going down, we're going up, we're going down, and then we finish the week higher. Well, we'll see if that pattern continues. And Pete and I will break it down for you on today's Rebels Edge.
[music] >> [music] >> I'm sending you my old college helmet.
>> I will take it.
>> It'll fit your head. I promise.
>> No. No. It's that [laughter] I just don't think I'm gonna wear it.
>> You're going to wear a helmet.
>> Do you think so?
>> Yeah. You'll look good in it. [laughter] >> All right. Well, I've I'll get the Michigan hat and Michigan gear for you um for your Thursday press availability.
How does that sound?
>> That sounds great. [laughter] >> Yeah, folks.
>> It's a great >> a very confident Michigan grad.
>> Yeah.
>> Mr. Rich Eisen.
>> Yeah. And uh Rich, I couldn't be more delighted that you guys got beat on the last play of that game because you also lost to Central Michigan [laughter] and you changed the rules. They bent the
rules, Pete. The officials bent the rules for him. A big bag of money got trotted out onto the field where the officials are. Okay, let's just keep it fair, judge. Keep it fair. Yeah, that was Western Michigan. John, just real quick, just because I think you said central. Western Michigan.
>> Western. Yeah, you're right, Pete.
Western Michigan. And here KD wasn't gonna let him get away with it. Pete, this is before the game, folks. Yeah.
and they were making a friendly wager about KD wearing Michigan gear if Michigan won or Rich Eisen wearing KD's Iowa gear from his last season at Iowa.
And I'm going to love to see Rich Eisen wearing that crap because >> that's it's I'll tell you what and we will we when we get to sports we're going to talk about that game too, John, because that was one hell of a game and it was it was great. It was phenomenal.
We had some great college games, some great pro games, and basically a lot of shockers actually happening this past weekend. So, we figured we'd kind of highlight that when we get over to sports.
>> All right. Well, let's dive right into macro then, Pete. Um and the heartbeat market. Yeah, we go up and then we go down. So since Friday we were up, today we got to go down.
>> And uh European indices aren't really following our pattern as much as we are.
But basically, US economic data releases uh come out at the end of this week.
What are they? Well, we're looking for about 4.1% uh employment rate uh down to, you know, the unemployment is not existent. We're at full employment. And meanwhile, uh I think we're going to get at least 84,000
jobs created for September, Pete. And that'll be another great jobs report.
You just don't want it too good because it gives them more of an excuse to keep their foot on the brake, right?
>> Yeah, sure is, John. And you know what?
If if anything really stands out right now for me on a macro side of things or whatever, it's got to be what we're seeing going on with the 10ear, right? I mean, it's it just keeps sort of chopping wood and going a little higher and a little higher and it's, you know, 523 one minute, all a sudden it's a 525 and, you know, between that and the volatility index, uh, you know, it did
have a pretty good spike kind of pulled back. We'll talk more about that in a second, but and then you look over at WTI, right? you look over at crude oil and you say, "Well, wait a minute now.
Uh, we thought we were on our way back down and now here we are at 95 and change." So, a lot going on, John. Um, in the markets up about 3% on crude oil.
And certainly, there's a lot of reasons for people to be selling because they're, you know, that that's the way they want to lean. Um, you can't hardly blame them based upon what we're just talking about right there with the the trifecta.
Yeah. Well, and uh we'll get more chances, plenty of more bites at this apple, Pete. It was basically that Trump said, "Thumbs down to Iran." They said, "Well, we'll tell you what. We'll open up the straight of Hermuz." And he said, "No, we won't. We're keeping it blockaded, so you guys can't sell crap."
And uh they're getting pretty desperate, Pete, because they're the ones calling us. We're not calling them.
>> And uh we'll see. But I think uh we're closer and closer to some sort of a deal. But if we don't get there, let's just keep shutting them down. I don't mind a bit. All right, let's talk about the VIX because we closed below 15 on
Friday, Pete. And then uh we got the news of course today that uh we were going to see that down market that I spoke of. And when the market goes down, VIX goes up, right?
>> Yep, it does. And it and it popped pretty good. It's up nearly 10% right now, John. I mean, it was up about 8%.
It got up over 16, pulled back just a little bit. Now, it's spiked back up once again. So, it's damn near up 10%.
But yeah, I mean, that's that's certainly something that's pretty interesting. Is it scary? Absolutely [clears throat] not. I don't think this this level is scary. It makes sense why it is where it is right now. When you take a look over at what's going on with the NASDAQ, that's under pressure. It's down what, 1%. Dow's down about 3/4 of a percent. You got the S&P, which is the
measurement for the VIX. That's that's down about, you know, 8/10en of a percent, maybe a little more. So, I'd say we're pretty much right on track, John, for where the VIX ought to be sitting based upon what we're seeing right now in the markets.
>> Well, let's talk then a little bit about predictions, Pete. Um because Ravens versus Cowboys down in Rio. [laughter] Well, uh it was actually a really good game and it was played at I think they call the stadium Pete Macarena Stadium.
Hey Macarena, >> I mean they do it's Macarena Stadium.
But anyway, for those of you who are trivia buffs, um it was a heck of a game. um back and forth with one of the best running backs in history, of course, King James.
>> Um and uh he was doing a hell of a job, Pete. And uh that team uh the Ravens team looks awfully good. Mhm.
>> Uh and uh I guess three different uh players, if you will, for prediction markets, according to our guys at Rebel Predictions, three different wallets cashed in about $51,000.
>> Wow.
>> Betting on the Ravens to uh to make that one happen. And they did. And so that's always exciting when when you got that.
And it's different from when you're talking about sports books. you can actually see because it's all on chain, you can see what's happening um with these prediction markets and it's pretty cool.
>> Yeah. Yeah. You you know, you take a look at Baltimore, John. Yes. It's a different coach. Things are a little bit different, but what's not different is they've still got a great quarterback who can run. He can throw. They've got one of the best running backs maybe ever in my opinion because he's so big and so fast and so productive at what he does.
And that guy, John, works out so hard in the off seasonason to be the very best he can be each and every year at what, 250 pounds as a running back who can run like a dagon deer. I mean, uh, that is a really good football team still. U, but it was a good game, too. It was a heck
of a game. You know, Dallas gave him a a run for it. And um I think because of that, you know, the NFL, we're going to talk later on about some of the things going on in the NFL, but I I I'll tell you what, this Baltimore team is pretty special and they might be in a very interesting position as we get further and further through the the regular
season because these guys, in my opinion, they're going to be in the postseason. I How far do they go? I don't know. Maybe they get all the way, but I'll tell you what, they are very deserving because that offense is unbelievable.
Yep. And uh King Henry, Pete, because I misspoke said King James, but King Henry, maybe he's in the King James version of the Bible, who knows?
>> Because he is, you know, one of those exceptional players. Yeah.
>> Uh and like you said, um he cares so much about his fitness, Pete. What he puts in his body, not just what he does to keep that body healthy on the outside with lifting and all the rest, but he is just a beast.
>> Yeah. And uh that was a good game, but there were a lot of them. And we'll be talking about uh a couple of those when we get to Pete's Red Zone Sports.
>> All right. Uh just real quick, folks, we want to remind you that we're basically a little over three weeks away from >> Rebel Con 2026. Yeah.
>> And it's out at Circa Hotel and Casino.
uh by all means scan that QR code because we're going to have a heck of a lineup out there if you wanted to learn about how to manage risk better whether it's with options, whether it's investing in pre-markets, whether it's investing even before that when they're
still basically crowdfunded. Uh whether it's data centers, miners, quantum, you name it, we've got it. and two days of great not just camaraderie with your fellow uh investors and traders, but great education, just fabulous. So, if
you'd like to learn more about how you can manage your risk, how you can participate in pre-market IPOs and so forth, well, by all means, scan the QR code, come on out to Vegas the 20th and 21st of October. If you want to join us for um our Nagarian cast, as we're
calling it, instead of the Manning cast, we're going to be doing the Nagarian cast at Circa Hotel and Casino Stadium Swim Outdoors in the world's largest sports book. You want to be part of that? Come on out, scan the QR code.
It's under 500 bucks, folks. You can't get a lineup like the one we've got for this price anywhere else. All right, Pete, let's talk about Nvidia.
>> Yep.
>> Because here we've got a stock that uh they already had a pretty significant buyback and now they've just announced the biggest buyback in corporate history because they announced that they're putting another $150
billion dollar on top of what they already had. That brings their buyback to $235 billion. And just to put that in a little perspective, folks, Nvidia is worth over $5 trillion right now. And it's up big again today. And we'll show
you the unusual when it's Pete's turn to talk. But um so they're up over five trillion. Do you know that's more than the entire market cap of the Russell 2000? [laughter] Do you also know that they make about
$135 billion, Pete? uh in Rev and that is more than the entire Russell as well. In fact, the entire Russell loses money when you add all of them in. All 2,000
stocks of the Russell, Pete, when you add them all in, they're negative. This one, for anybody sitting there saying, "Well, it's just a bubble. You know, you can't buy into this." Or, "WHAT ABOUT THE LAW OF LARGE NUMBERS?" [laughter] Five times the law of large numbers. It went through a trillion, two trillion,
three trillion, four trillion, five trillion dollars. Pete, take us into the unusual activity that occurred there.
>> All right, I will. And I'll tell you what, it's it's 5.5 trillion at this point in time as well, John. Yeah, so we've we've had some unusual in this one. It's been a great run. There it is right there in front of you. And you can see you can see by the date. You can see the time towards the very end of the day. Quite frankly, that's always an interesting way to approach it. But
catching this thing at the right time, right? I mean, you know, this this is pretty phenomenal. These are these are the 235s. The stock got all the way up to 233, I think, John, or very close to that. I know it got over 230. There you've got it at 23159.
Um, but this is a this is a pretty amazing thing. And 10,000. That's a nice size sort of a unusual option activity, I would say. So towards the very end of the trading session, they would decided to go after these things. And wow. Uh have they produced? Yep. They've done pretty dagone well on that as well,
John. This is a bigger um like when you were talking about these buybacks, this is bigger than than Apple or anybody else. I mean, this is just a monstrous number. So to see what this is added on with what they already had at 235 billion to 238 billion, just a really
incredible number. And in a in a day where the market itself is not doing very well, it's pretty amazing how well Nvidia is doing, John. I mean, sometimes they get affected by this, the rest of the market. They're not getting a affected at all right now. No. Uh they
are a juggernaut, folks. And for anybody who's been a denier, like uh yeah, if you're hearing that, Dr. Bur. Um, I'd say be careful because this one will clean you out if you want to bet against this one. You can bet against some of the others and be right for a couple weeks, but you don't want to bet against
Jensen Wong.
>> No.
>> All right, let's talk Pete about Fang or Diamondback Energy >> because of course when crude oil, we were talking about it last week. It was down on Friday. Um, it was in the 92s.
starts moving up this week and it moves all the way up uh you know with a gain today of $3.24.
It's trading at uh where is it right now? 9552 Pete. So we're still below 100 but higher than we'd like to see. Yeah.
Um, but that's good for a lot of the energy stocks like Diamondback and a lot of people are betting on this one, Pete, with WTI moving higher, Morgan Stanley downgrade.
They they gave that the uh uh the cherries there, Pete. They didn't think that was uh such a smart thing. This thing looks like it's poised to go. And when you're a fracker like these guys are, that's a big thing because they get that last little bit out of the well.
>> Yeah. Oil price, the the tailwinds that are there, John, are there. Obviously, we also talk about this thing being pretty choppy. You know, it's it in the last, you know, period of time, you know, about a buck 87 to 210 or somewhere close to that. Um, still up
25% year to date. So, uh, Morgan Stanley did have this downgrade, but, um, I I don't know, John. I I'm not sure that I would be downgrading this thing right now. I think that there's there's still something to be said about what what we're what's happening with the president, what's happening obviously in Iran and uh, what we see day in and day
out. Yes, we've had some great pullbacks, but then look at today, you know, jumping off of that 92 area like you said, John, back up over 95. So, that's kind of where we seem to find ourselves right now. They uh there there's they raised their guidance, which I think I don't know if everybody remembers this. This wasn't just yesterday, but when they had their
earnings, they beat they raised the guidance. You know, the price target was there. Buy rating still there. So, I think there's a lot of reasons why you still would want to be pretty positive right now on Diamondback given where what where we are right now with oil.
Well, let's take a look, Pete, at ARM Holdings. Um, because ARM Holdings is a stock that, of course, famously came out just this past year, and it's a UK-based company. It's one of the few UK-based companies that actually has uh uh done
pretty darn well. Well, so they came out with a direct list, Pete, and the uh 52- week high is $452 a share. The low is a hundred bucks a share. Where is it now? It's down 26 bucks. It broke 300 today. It's 280 388.
So, call it 284.
>> Um, pretty darn interesting uh that these guys develop and license CPU products. Um, and I think ARM Holdings is one of those stocks that sort of like uh Nvidia, Pete, if you're talking about high performance computing and so forth,
uh, this is one of them that should be on your short list.
>> Yeah. And it's kind of interesting, John, because they, you know, there's some good and there's some bad. You can figure it out however you want, but I mean, I'm looking at what they talked about with, you know, the Q1 2027.
They're talking about revenue up about 22%. That sounds pretty great. The problem is operating expenses are up 28%. So that's what we like to call hey uh margins not looking so great, right?
That's a nice step for the margins to uh in the wrong direction. But you know what, as as you were talking about, this thing has kind of been all over the map.
452 for a high and here we are underneath 300. You were talking about I think 284. um you know it started off the day okay and then started getting sell off. I I think this is one of those names that under the right circumstances if we saw some paper that came in there it might be some a point in time where
it gets kind of interesting but I'm not so sure that we're going to see some of that unusual option paper in there right now. John, I think it might take a little while. Let the dust settle a little bit. I mean, even their CFO decided to go a lot quicker in some selling of the stock because he wanted to catch it before it really dropped any
further. So, there is some storylines there that that make me think that I'm a I this isn't one of those where, oh, we we've got to do this. I think this is one of those where we'll keep a nice close eye on it, but um it's going to have to show us that there's still room to the upside,
>> right? And I I think there is, but I think you're wise to be uh um cautious because you know, here it is uh you know up uh basically triple from the low. Um but still you know over $100 under the high.
>> Yeah.
>> All right, let's wind it up with roadblocks. Pete, these guys Jeff cut them on booking concerns. That was uh Friday and the stock was down. Well, it's down today because the Jeffre put out more on that note, Pete, basically
talking about things like, yeah, they have addressed so it's a gaming platform. It's also a creation platform and a lot of the people who use this platform are quite young. In other words, uh there have always been questions about, well, do you really want your kids on the Roblox platform?
Could there be predators there? Could there be communications uh with your kid through the platform and so forth, not just he or she building a you know their own imaginary world or whatever gaming world. Well, so they've put in some stop gaps to address
that, Pete. But some of those have slowed the growth of the company pretty dramatically and that's what Jeff was worried about. It sounds like Pete.
>> Yeah, Jeff says that their price target is 38. Well, the stock started off this morning at 46 and now it's right closer to 43. So, um, you know, it's moving in the wrong direction. It's moving in the right direction. If you're listening to Jeffre, who seems to be, um, on top of this pretty well, John, they also talked about bookings for Q3 being down
anywhere between 14 and 18% year-over-year. So, that's another negative. They also have cash flow pressure. That's another negative. So, I don't know. Unless you're somebody who wants to play things from the other side and and playing for the downside. In other words, you know, buying puts or something like that. Um, this is one of
those where I think if you're bullish, uh, it's a no touch for right now. I think you'd want to stay away for a while. Keep an eye on it maybe to see if there's any ch any changes, but uh, just about everything negative that Jeffre is talking about seems to be um, grabbing people's attention right now. So the
positive side is not there and I think that might have a little bit more room to the downside.
>> Yeah. Yep. Uh I mean it made a nice rally after earnings Pete and then people used that as an excuse to or you know had just been crossing their fingers and hoping and when it opened up then they just said yours. You just gave it to them with both hands.
>> Yeah.
>> All right. Well uh you know what time it is Pete? We're gonna be actually Yep.
We're gonna talk about Pete's Rebel Sports, the Red Zone. And uh I thought we'd open up Pete with this one because um this is a CL. Yeah.
>> You um take a look Pete. I mean >> that and you're more sympathetic than I am.
>> Yeah.
>> Because I thought that was a straight out, you know, targeting hit the whole way. And if he would have gone head first instead of sliding, you go feet first, you're not supposed to be touched. That's the rule.
>> True.
>> You slide, you're not supposed to be touched. And I understand, and I'll let you explain why you think maybe the quarterback was playing it a little >> those cards a little close to the vest.
>> But I think he was, you know, that's a targeting hit no matter what. I mean, when he goes down like that, if >> uh uh the quarterback is running at that point, Pete, he could get cut in half.
>> Yeah.
>> Luckily, he was sliding, but it's still a hit directly to the head.
>> And you know, the forearm and everything and then the celebration. So, anyway, you're a defensive player who had to play against QBs that tried to get a little too cute. What would you have done there? Yeah, you know, John, I I I think the worst part about it is the the dancing around afterwards. That that is uncalled for. That's ridiculous. Here's
a guy who got hurt and all the rest of it. So, I 100% with you on that. I do think that some of the quarterbacks, not just in college football, and professional football, all levels probably, um, more and more often sort of wait and wait a little longer for
that slide that they want to put on there. And um you know uh the timing of that can be so brutal, John. I mean you know how it is. I mean these guys are that guy's a safety who came in there and hit him I believe. Uh what is a safety basically in college especially at a place like USC? What do you figure
his 40 time is? And it's probably in the 44s something close to that. Um and and you know what if you taunt these guys a little bit by waiting as long as you can before you slide. Again I am not blaming the quarterback. I am just saying that it was a late slide and the kid came
running in and he and he made that hit and it's uh was it an illegal hit? It was absolutely it was. But um did the quarterback wait a little too long? In my opinion, he did. And we see it happen a lot, John, when quarterbacks, especially quarterbacks, are tiptoeing along the sidelines, too, right? They're
just getting that one extra yard and they're almost gonna kind of teasing the guy waiting for them to come so they could step out, right? So, I mean, there is that. Again, not saying that it's okay to hit a guy like that. Not saying any of that, but just just saying that, you know what, it was a very late slide.
And a lot of people um were saying that, and I agree with them. It was a it was a late slide. That that all being said, uh you don't dance around when a guy's hurt like that. I mean that you don't you don't dance around for any kind of a hit like that. You just you don't you walk back and just go, "Hey, that's what I you know this this was the play or
whatever." But yeah, it's u it's it's definitely one of those things where he probably shouldn't have done the stupid things that he did afterwards for sure, John. And there's no doubt about that.
And I think he's been suspended at least a game. Um I've seen other numbers out there as well. So I am I surprised? No, because it was, you know, a bit of a cheap shot, but it, like I say, it also was late on the quarterback. Um, this was the weekend of upsets, John. So, here's what I decided we could do. You
and I could have a lot of fun. Here's >> I love this one.
>> This is a great one. This is Iowa, Michigan. Let's just Let's just roll the tape on this one because >> Iowa was done. [laughter] or were they
>> I'll tell you the feet the the ball control the feet all of that John everything that went into that whole thing at the big house and the whole deal now the big house saw a game earlier in the year as we all know where they somehow magically there was another second so there's a lot of people
wondering about hey there's a little bit of karma coming on here. But I'll tell you, Iowa year in and year out manages to do such an amazing job, John, finding the right players for their system. And when you've only had three coaches in the last, I don't know what it is
anymore, maybe 60 years or something close to that, maybe even more than that. It they've had three coaches.
There's guy there's teams that have had three coaches in a decade. These guys, THESE GUYS JUST KEEP on going with these with these great coaches that do an unbelievable job. They put a heck of a lot of guys into the NFL because they're so disciplined and they know everything about what they're supposed to be able to do with their position. Pretty cool.
And that was a unbelievable ending to a game. I mean, that was that was phenomenal. It just just >> that was a dagger. Pete, um they the reason they got that one, folks, because with two seconds left, they got down there and uh they may or may not have had enough time to spike the ball
because the player was not out of bounds, but a Michigan player was down.
And so because of that, they had to take a timeout. Um you know, because there's a player down on the field, you're not going to play around him when he's down.
Um, so they got the shot, took it, and got that score. Like you said, that did seem like karma.
>> There was one other element to that too, John. There was a Michigan guy, number 10. I guess he might have been a corner safety, whatever he was, who came in for sort of a a late shot [laughter] to hit the guy on the bounce. So all the things if you want to talk about all the karma of that of them getting there Iowa
getting there and then scoring and winning the game. I mean you know [clears throat] Michigan almost handed it to him [laughter] with stupidity. I mean honestly for a group of guys that are supposed to be really smart that wasn't so smart on that one. So upset weekend John let's start off with one of the let's start
with the college and and again Wisconsin at Penn State. What were the odds of Wisconsin possibly beating number 13 Penn State? Probably not so good that they would win that game. I'll tell you what, John. Wisconsin, you know how they did it? They didn't do it in Wisconsin style. They did it throwing the
football, which probably threw off Penn State in a big way. The quarterback threw 38 passes for 230 yards for Wisconsin. That just doesn't happen, but it did. And Wisconsin won that game. But here's the one that I know you're going to love and you have probably have some thoughts on. How about Old Miss? They go
down to Florida after their, you know, the big win over LSU and all that kind of thing. Everything is great. Uh Florida, by the way, is 4-0. The Gator uh didn't just win, John. They they beat these guys down. 5228 was the final in
that one. Florida ran for over 300 yards and had 500 total yards on Old Miss. So there was no mistaking on who was the better team on Saturday. Florida.
Florida took it to them. And you know, it's amazing. Old Miss, they just they just couldn't get clicking. I don't know what happened. I don't know if you got a chance to watch much of that one, but I did.
>> Number four in the country goes down.
That's that's a little bit of a surprise, I'd say.
>> Yeah. And I'll tell you another surprise, Pete. What do you think they dropped to after a loss like that? 5828 or whatever it was. How where do you think they drop to? Mississippi State.
Mississippi I mean miss. Where did they drop to?
>> Well, you're you're kind of leading me on. So, it makes me think that it's not very far. [laughter] What they >> number nine?
>> Oh, is that right?
>> They go five spots is all. And it's like five spots. They got blown out now. You know, I kick myself, Pete, for not betting that one >> because I had some other bets on. I did not have that one. And one of the guys, we were watching it here down in Puerto
Rico. We were watching it and uh man, that thing was just tough. But I I can't believe, Pete, that uh that uh I didn't, you know, basically
take advantage of the LSU hype >> because they were so hyped up over LSU.
Um and you know, everything on their focus was LSU. LSU, LSU. They beat him in Oxford. I get it.
>> Yeah.
>> But then what do they have left in the tank? Apparently not much. Now, will they come back again next week?
Probably. They might even do something along the lines that Oregon did when they lost to Oklahoma State and beat Portland State 84 to nothing. But, I mean, when you've got the whole team at that kind of high, uh, it's really tough to maintain it. And the comedown can be pretty rough.
>> Well, and speaking of comedowns, how about uh USC? So USC's going up against Oregon, right? USC's, they it's a sellout, which they don't do very often, but it's a sellout. At least that's what they said. It didn't look like a selloff. We'll take their word for it.
But u and Dante Moore, one of the best quarterbacks in all of college football, he's out. So they put in Dylan Ryola, the kid who played at uh Nebraska for a number of years, and now he's transferred over there. So he gets out there, John. He steps in and all he does is throw for 290 yards, a couple touchdowns, no interceptions, has a heck
of a game, and they take it to an what was an undefeated USC team at USC, 4127.
So it just shows you uh every Saturday you got to show up and and USC kind of showed up, but that's a lot of yards that they gave up and that defense that looked pretty good early on. Of course, they didn't play anybody. They were four and0. I don't know who they played, John. It wasn't it wasn't a really tough
sort of a first couple of games, but but USC is a pretty good football team. They I think got a little bit in front of themselves and figured they were going to cakewalk over Oregon and it didn't happen.
>> Nope. Did not happen. That that Oregon team um you know USC was like you said last week, Pete, they were 4-0 going into the game. They played more games than most teams had. four and 0. Okay.
But they who had they beaten?
That was the question going into it. And I'm not saying they're not a good team.
I don't think they're a great team. And I think that that's the team unfortunately that showed up that day.
>> Yeah. Yeah. Well, we got the NFL, too, John. We got a couple of upsets. And I'm just curious, what do you think about the Colts beat the Texans? What is wrong with the Texans that they're 0 and3 right now? I mean, I know it's early, you know, we all know that, but the quarterback's apparently not playing very well. C certainly the defense isn't
the defense that we are usually used to seeing down with the Texans right now.
But they just couldn't they didn't have it for the Colts. What do what the heck do you think about some of these that they were one of them and then you look over at Washington, John? U Mariota comes in there as the co as the quarterback and it just it just doesn't
come together. I you know I I I can't figure it out. They But he beat Seattle.
I mean, you're going against the Super Bowl winner with the Super Bowl winning quarterback, Sam Darnold. And uh Marola comes up on top. So, you know, Sam still played okay. He still had plenty of yards, but he had a couple of interceptions. It shows you how much those interceptions really matter.
>> Yeah. Yeah. as good as their defense is, and that's one of the best I've seen, Pete, in a lot of years for Seattle.
>> Um, as good as their defense is, you you can turn the ball over with a punt, but you can't turn the ball over in your end of the field um with interceptions and things like that. And if you're turning the ball over when you're gonna score, it ends up being, you know, potentially
a 10 or a 14 point swing, right, >> the other way. And again, Seattle, they got to cut down on those kind of mistakes. Um, but he had a lot of great throws, too, Pete. I saw some freaking unbelievable throws again by Darnold.
And I'm s I guess we'll probably have to cover it tomorrow, Pete. But, uh, you know, Cousins, I mean, oh my god, what what has Brady done out there? Everybody thought it was going to be, oh yeah, you know, it's the uh the quarterback from Indiana, you know, that's their savior and everything else. And it's like, uh,
there's a reason Kurt Cousins has made more money in the league than Tom Brady.
It isn't because he's better, but he's he's a student of the game, and I think we should talk about him maybe tomorrow, Pete.
>> Yeah, I like I like that idea. Shoot, we're going to be in Vegas not too terribly long from now. So, yeah.
[laughter] And that's the weekend of Buffalo, right? Or whatever. So that that could be pretty fun.
>> Mafia will be there.
>> Yeah. Well, what about Denver last night, John? They they took it to the Rams. Now, the Rams, I thought they finally kind of flipped it because stupidly when they flew out to Australia, they flew out like a day before or whatever it was. They were there two days and that was a mistake and they got beat by the 49ers, right?
Or whatever. So, I'm looking at the Rams thinking, "All right, these guys got a shot now." and and for whatever reason, Stafford, all they do is throw the ball.
I don't know that he's ever thrown it that many times. Maybe he has, but he had 55 uh attempts yesterday in the game that they lost, John, to Denver. At Denver and they had a nice a pretty nice lead before Denver all of a sudden starts moving in and moving in and next thing you know, 30 to 26, it's it's Denver. And you know, they got a good
quarterback themselves. I mean, that's that is the key in the NFL. if you've got the right guy. And Bo Nicks played a little bit better. He hadn't played very well yet, but he played pretty well yesterday.
>> Yeah. Played really well. And uh yeah, that Denver team, Pete, when you and I saw him last year in the playoffs, uh had, you know, Bo not gotten hurt, >> that was the team to beat, I think.
>> Yeah.
>> I mean, I really thought it was, but unfortunately, he did get hurt. And uh then Drake May, you know, got his comeuppance in the Super Bowl. But that was an interesting uh occurrence and hopefully one that doesn't happen again uh because that was like an end of the uh game play that knocked him out of the
next playoffs. So >> yeah, >> but they looked good last night, Pete. I agree. And uh the Broncos I I think there was probably some pretty good money made on that game, too.
>> Yeah. A lot being spent, that's for sure. [laughter] >> Well, thanks for joining us, folks.
Remember, you can still sign up for CIRCA. Uh right behind me on the wall there, you can sign up for CIRCA, which is our Rebel Con 2026.
You're going to have a great time there.
You're going to have uh fabulous hospitality from the Circa crew as well as our uh Market Rebellion staff and speakers. For gosh sakes, folks, you got to sign up.
>> Grab that QR code. Sign up. I think we're closing in on 300 people so far, Pete. And hopefully you guys, a few more of you will decide to come before we have to shut it down. But uh right now, we're uh we've got a few more seats. So, if you'd like to grab one, do it now and
get the better airfares because as we get closer to October 20th, uh those airfares are going to be moving higher.
Y.
>> All right. Well, Pete, what time are we back tomorrow?
>> 1 PM Eastern time, John. We're going to be rocking and rolling. It should be a lot of fun. This is going to be a busy week. It's going to be a busy week.
>> It will be. Thanks, folks. Have a great one, Pete.
Yeah.

Transcript from the show's YouTube captions; automatic captions may contain errors. Educational content, not investment advice.