The one good thing about this insane stock market is, we can now afford lobster uh. It is lunch time after all, so it's good right folks, this market's crazy, now uh, you know what what is kind of incredible is. I was thinking back a little bit to the situation we were in in february march, uh april and may and uh. One of the things i mentioned was that we are probably going to look back at that sort of three or four month time frame there and see it as a beautiful in in retrospect.

Right have seen it as a beautiful opportunity to build positions, build longer term positions, and that's one of the beautiful things about making sure, in my opinion, that the vast majority of your portfolio is uh invested in longs. So, for example, with my portfolio uh somewhere around 80 plus percent of it, is invested in long shares or options of companies that i really believe in and stocks that i don't want to sell stocks that i don't want to trade. Then i've got the other about 20, that's more trade driven if i see opportunities to swing trade, a stock uh, even if it's a company that i like uh and - and i think it's a stock that i can trade, then then we'll do that. But i keep that to the smaller part, so that way, as i make profits, my long holds are still growing, and i think this is the kind of sort of environment where we're in where we look back and we're like yeah.

I guess it was good that we were buying the dip in in many cases in march uh and in the may dips right, even earlier this month they were i'm sorry. Last month there were some dips was like august 19th, 20th or some dips right. So it doesn't all have to be about training and as much as i love uh, you know trading uh, making sure to remember to build your long positions is important as well. So i wanted to just take a moment mention that because even though sometimes it's you know, i see sometimes comments.

I think folks, who are probably newer to the channel they'll say things like hey uh. Why um? You know. Why? Are you sad the market's up and it's kind of like because i can't buy more or or like now, it's getting pricey to buy more and that's that's a total flip of psychology right, usually uh people get very excited when a stock goes green. I don't.

I kind of look at it like now, it's harder for me to build that position now right so uh, for example, uh a firm. I mean it's next up even more right. Now, it's up to 20 123 right now it it it's insane like this is. This is a stock that i really uh wanted to build.

I wanted to put a million dollars. I want to get a million dollars into the stock uh. I only got uh about 120 000 option and about 380 000 of shares into it, and then it just started taking off uh, which uh i i you know when i say only. I understand it's still a very large number but uh and don't get me wrong.

Like i'm happy, but i just wish i got more in earlier right and that's usually the frustration of investing uh, but you know you've got to get over that, and so, even though i mentioned that now, it's always important for us to remember like get over it. Like move over right, uh zay, zaid uh, i'm gon na answer you here alive answering in life, so i have the uh stock discord up uh. So if you want to join by the way or discord, there's a public section in the private section uh you could go to medkevin.com chat and it'll. Give you the link, but anyway, okay yeah, am i still bullish on a farm? Is the question i'm very bullish on the company? I i i personally think the valuation is not as enticing uh based on what, where i wanted to buy it and own it.

I think the valuation is getting a little stretch. Do you believe that people at a firm believe the valuation's a little lofty right now, but we're in a lofty market and that's not a justification for it right, but look at upstart folks i this is the one i keep going to. I can't i can't stop referring to upstart, like this company literally just keeps going and going and going and going and it's crazy, like i thought i thought the valuation was high when it ran over here right. So who knows? Maybe i was wrong with my valuation or i'm right about my valuation, and this is just froth, but either way it's attendees for someone and that ain't me so um it is what it is anyway, uh yeah, so uh yeah, that's that's a little bit of uh Yeah there you go: why is the stock market down so you can buy it nailed it? No, not yet karma kazi uh in terms of practically not going okay, i think y'all talking to each other.

There, okay got it yeah, okay, all right, perfect, so uh. Why don't you think the tesla evaluation is high uh? Well, i i don't disagree that the tesla valuation is high. Certainly, if you look at uh 2020, if you look at you know, uh trailing 12 months right, uh, tesla's valuation starts making more sense, and i know some people get mad at me for saying this, but uh tesla's evaluation makes more sense. When you look out at 2025., in fact, i try to compare all of the companies that i look at to what my projections are for them in 2024 or five.

So i look at i invest in lemonade. I invest in hippo. I invest in uh, etsy end phase tesla apple amazon, google amd uh square right. I invest in these companies not because of what i think they're gon na do in the next six months, but what i think they're going to do in the next five years, and so you can it's very simple.

You take the revenue of a company and and the expenses and you extrapolate over five years. Your estimate isn't going to be correct, but you do that for the companies you're never going to be perfectly correct on these things, uh. But then, then, what you do is you compare the valuation between them based on what you think their projected earnings are going to be like, and expenses are going to be like in the future, uh and and then the companies look a lot more comparable. Now i can actually compare uh square and tesla like um and neo right or all these other companies, because time kind of smooths that out uh it's hard to compare a company, that's brand new and just getting to scale to something that you know five years from Now that that could be at scale or bankrupt, who knows but anyway, uh? The point is that uh, when i compare tesla, i see it has a 2025 uh pe to of about um 50..

Google is somewhere around 10. amd's like 12 to 13.. Google might be up at 12 or 13 now as well: uh nvidia's like 40 uh for 2025., so so when i, when i do those comparisons, it just gives me a way to balance out my portfolio too. This is something as well that i talk about in stocks and psychology, money group and we've we've.

We've spent like hours in in lectures or even live streams. It's the live streams every day they add value as well, we'll sit down and we'll do sort of a portfolio buy and show like okay. Well: here's how we're valuing these companies and here's how we're uh we're balancing the portfolio so that way, you're not all in on like super super high valuation, which could be 2025 high valuation like uh like a lemonade, it's still going to be super high valuation uh, Because of that growth potential in 2025., tesla becomes more reasonable than google's steel right so anyway, uh. Hopefully that answers your uh, your question uh.

Oh my gosh yeah, a firm is going to town. It's crazy uh anyway, something is different. Kevin gets! No! I did not. I uh i just i literally just sat on my little my porch.

I got a tiny little porch and uh just kind of sat there and played with my um. I played with some spreadsheets as much as i don't like spreadsheets, and it was just nice kind of sitting partially in the sun just getting away from all the screens. For a few minutes. It was nice, it's actually more like an hour, but whatever all right, uh a walmart says it is not doing layaway this year and that's why a firm is shooting up.

Really you know, shooting up is an interesting way to put it, but i'll pull up the bloomberg terminal and we'll uh we'll see what that is yeah or what the news is on that uh all right, yeah, incredible market, folks, a really incredible market - and hopefully i Encourage you to watch this this beginning part of this video here because i think there's a lot of usefulness in it. So, in the first statements where the heck - oh there - it is oh yeah, let's get into the terminal, but yeah look uh brought broad-based uh rally right now in the market and uh. I will get this up we're getting walmart, because that is interesting. Maybe that see and news can come out, that'll change my valuation and opinions on companies so uh like that amazon partnership totally changed my opinion of amazon or of uh of a firm.

I think a firm is a cheap way of buying amazon growth. Uh - and i know people again also call me crazy for that. People call me crazy for everything it's whatever at this point. I've just become unapologetically kevin, so uh all right, uh, let's see what we've got here.

Oh that's. A good point, andrew andrew says only having one screen is kevin's version of getting away from screens. That is true because i did take my laptop out there. Well, there's so many here, one two, three: four: five: six: seven: eight nine 10, 11, 12, 12, 13 and then the screen's behind me.

You know you got those behind me! That's another, like 17 screens in this room, it's insane uh all right. Let's look at a firm, so what is the news here? A firm, you're, saying weber is a massive value play i'll. Look at that. Give me a second here i've i keep hearing about weber, okay, a firm launches active checkout, adaptive checkout, bringing okay.

I don't see the walmart news, that's not to say that there isn't walmart news, but what is what is adaptive checkout that was yesterday? Um know what that is. This is a uh. This is a press release, so i can. I can just post share this because it's a press release all right.

Uh, yeah salesforce has been running too, that one's traded sideways for such a long time. So, honestly, like hats off to uh salesforce. How much do i pay for electricity uh like seven thousand five hundred dollars a year? That's a lot uh. What what's crazy about that is! That's like what 600 a month or whatever, what's crazy about that is that's with 30 solar panels like sometimes they say.

Oh it's like 600, a year, it's like oh well, you're running a business or whatever and stuff on you got. You got the rooms, always cool down, but then i'm like yeah, but that's with 30 solar panels and they're, like oh, my gosh anyway um so uh. The payment network announced that the payment network announced that empowers consumers and helps merchants drive growth. Today, oh okay, i'm sorry.

I misread this. Software okay today announced the launch of adaptive checkout trademark. This is the latest product that enables merchants to seamlessly offer customers more choice and flexibility at checkup, while increasing sales leveraging a firm's proprietary technology. Adaptive checkout builds on a firm's existing product suite and dynamically provides optimized, bi-weekly and monthly payment options for each transaction side-by-side.

In a single integrated checkout solution, okay merchants, using adaptive checkout in early access, i've seen on average 26 increase in cart. Conversion 22, lift in approvals and 20 increase in sales compared to uh, offering monthly payments to reform alone. Wow! That's! Oh! That's really! Good! Okay, but this was yesterday's news - it can't be running just off this lacera seamlessly. I want to see what this is like leveraging it from adaptive checkout, i don't.

I don't really understand. Dynamically provides optimized, bi-weekly and monthly payment options for each transaction side by side. In a single integrated chair, okay, so basically what they're saying is payment options? Okay, so do you want to oh interest? Oh okay, so in addition to just offering monthly payments it now lets you choose. If you want to pay twice a week or sorry once every two weeks um, i guess bi-weekly could mean both twice a week or every two weeks, i'm assuming once every two weeks, yeah and monthly.

That's interesting! Uh, okay, okay, all right, interesting, uh! Well, yeah! Well, you got ta watch the beginning of the video to to see the what's about the lobster uh anyway. This is this is good, so uh yeah very, very interesting to press release full press release here. I'd love to see some media on it, because then i could understand this a little bit better. Okay, i'm sure if i click on this okay hold on we're gon na get to the bottom of this, but it does.

Somebody have information on that: walmart, rumor, uh. All right here we go: okay, firm adaptive, checkout, okay, they have a small little picture here. No, that's no good! Maybe it's in their blog! Let's try this uh the deferred payment options are likely just going to make people who pay up front pay more for items. They would have paid less, for i don't know about that.

It's on fox news, fox fox business, fox business or the regular biz control of the currency, where they didn't settle the cases with the phone, or maybe that's just where you've seen it. Okay, anyway, uh all right, so um, let's see if they give us some pictures here, conversion. Okay, so we saw this how adaptive checkout works here. It is four interest free payments or as low as 22 a month add to bag, okay, visualization so dynamic messaging.

Okay, i understand frictionless sign up pick. A payment plan, so is. Is this what's special? Oh, oh yeah! I see it here. Okay, okay, see here's the month uh, and so you could pay over six months 12 months or here eight weeks.

This is so like awesome. Walmart, smart shop area, not offering layaway, you know i don't walmart layaway lay away. Walmart is oh here we go fox business yeah, okay, oh we got it. Okay, walmart ditching layaway option for 2021 holiday season, walmart on a firm will offer 10 to 30 apr in a wide variety of product categories.

Walmart is ditching its layaway option for the upcoming holiday season in exchange for a firm, wow, now they're already, together with the firm okay they're already together with a firm but wait a minute is this through the stores, because that's huge if this is through the store? It's freaking huge because a firm was is, has already been working with walmart online, but their in-store sales are are 10x. What they sell, uh hold on walmart's seasonal layaway program, which has run from late august 300 in the previous years, allows customers to put items on hold with a small deposit and make a series of interest-free regular payments until it's paid off. Okay, walmart customers purchasing items online, okay online. Meanwhile, for in-store purchases, customers can apply for a loan online, pick their desired money and scan using a barcode at the register.

Oh they're, integrating it with the store holy moly. That's incredible: uh! Okay, that's really good! Actually so walmart layaway, you know what i want watch this okay, walmart investor relations. Okay, i want an annual report because i want to see how much layaway actually does for this company. Oh, that's a beautiful graphic, wow, good job, walmart dang! I was not expecting that from walmart.

I thought it was gon na be like crusty and old and lame very impressive cover sheet. I like it, that's very nice uh. I love the little dronie thing. You know what this looks like.

This looks a lot like that. This that guy's um uh - oh, what is it uh here this guy? This guy has a youtube channel and his banner uh his banners have kind of that same kind of style of, and sometimes there's a drone in them too. Anyway. Sorry, let's get back to work here, layaway, do they they don't reference the word layaway in their annual report.

No, that can't be right. What no revenue - it's not indexing. That's what's happening here, hold on give me a second all right revenue. There we go.

Okay, good good layaway, that's what? How is there? No, i i don't know why i can't search in this document anyway. What i would be interested in knowing is how much they do in loans for um with products right, especially during that season. It's gon na be very difficult for me to try to figure that out right here, but um. What did what did walmart did they call it something walmart layaway, because maybe their layaway program has a particular name it just or is it just layaway uh seasonal layaway program? That's all they call it.

It's just layaway. I guess: okay, um! All right! Walmart is the next kmart yeah. I don't know about that, one that i would quite well disagree with now we'll get to the bottom of this. Okay, that's incredible news; the fact that basically a massive i mean i want to find out how massive it is, though, to determine what kind of valuation we could even bestow on this, and so it's difficult to do that quickly.

Unfortunately, but it is very good news, uh yeah, so i might have to just do a separate video index uh all right, seasonal loan. I i'll have to figure it out later, because i just can't get it up right now. Oh gosh anyway, uh yeah, so that that makes sense. Geez man uh, that's incredible what i mean it makes sense to me: that's that's it's a huge game, changer honestly, and that actually that's a big fundamental change.

I'm very excited to figure that out. I can't figure it out right now, because i i don't know, i'm hoping somebody else can figure it out, or maybe we could just google it walmart layaway sales per year, because that's what a firm might potentially be looking at right so that that's what we i Mean walmart layaway sales uh this walmart and i wonder how much do people actually even use it? That's a i don't know what type in billion billions okay here we go. Walmart is offering you no um, it's too hard to find it and market closes soon. So we'll find out later but but hey.

This is great news for a firm and that totally explains why you're seeing uh uh a firm run today, uh all right. I think one of the reasons we're also seeing things like lordstown motors lion, electric and some and fisker and canoe surge right now is because you've got a market. That's really looking for deals right now or opportunities, and so i think you've got kind of this sort of bottom feeding going on uh and that's pushing up a lot of the particular stocks that have been getting burned. Uh ater going down.

I mean some of these other momentum stocks emery, whatever these, not a surprise that some of these are going down. Toast actually went down five point three percent. Today i did hear some people who are super like toast, loyalists saying they wanted to buy the dip. I think that one's too pricey, but then again, i think a lot of things are too pricey in the market: uh cardano, 226.

Nice recovery from that 197 uh bought four. The other day, tuesday night clown flare beyond meat. Alibaba lemonade lemonade down again a little bit here. Point six: four percent hippo down about half a percent um.

I do own. Both of these i've got uh. My full positions in these amc went down a little bit. This was green earlier today, end phase was higher and lower at different parts of today i did add to my end phase position: tesla tesla up a quarter percent solar edge up slightly trade desk simon property group, one percent amazon.

It's a big move on amazon. I mean just one percent, but anyway i wonder how walmart is doing on that news with the affirm partnership. Remember they've been partnered online, but this this is really a bridge to walmart's, in-person sales and honestly, in my opinion, it's very smart, a walmart's basically flat for the day, yeah walmart's closing down for the day google's up a little bit almost two-thirds. This.

This a firm run is just insane uh, and this this must be when the news came out or when it was just on like getting really popularized, because i thought the article's been out for a little longer. Anyway, we got about 30 seconds like when. Did this article come out posted one, i mean it might say an hour ago and be 30 minutes ago. I don't know if it just has like a minimum rounding or something but anyway - and this is when the stock market realized it.

That's. I got to put a number on that because that's that's really really good um yeah that could change things a little bit for a firm all right. Let's uh, let's listen earlier, but still strong s, p 500 is all right. Look at look at what we've got here: uh we've got uh dow jones up almost one and a half percent s, p: 1.2 percent nasdaq.

1.04 russell 1.82 percent, dow ending there up 500 points. 1.48. Pretty incredible moves really really incredible! Uh! It's just a like, like we said, i've said it in plenty of videos, won't reiterate it uh too much at least just briefly. There's a lot of cash right now right so looking for those deals is kind of uh entertaining uh like recovery had uh had a good move today, uh to the upside, and i think uh.

We might see some positivity for recovery over the next uh few weeks. Uh we'll see if we end up getting like a winter delta surge that could be a risk factor or more bad news. On wind, for example, uh i do have uh an option: trade on win and uh it mostly today traded sideways. You can see that you had a little bit of bump early in the day and it mostly traded sideways here, not i mean for a lot.

I've been wanting to create a along on this, so i don't know if i will but uh we'll see. I might keep that one for a while, we'll see if i end up getting it, i'm just. I am worried about the chinese regulatory risk, though so i also might just dump my option: we'll see what happens with it uh, but right now, i'm not doing anything with it, but that could change so uh. We've got uh, okay, yeah a firm canoe.

We talked about the evs, talked about a firm cheesecake. Look at that cheesecake up 6.7. Today, that's an incredible run. Darden up six.

It was up a little higher earlier. In the day my medicine came up. Five percent uh honest company, coming back a little bit, looks like pound tears on its way to 30, which is super, exciting uh. I wrote my call options um, i want to say: when did i sell my call options? Was it friday? It was friday? I sold my call options.

Oh that's right that we're at about this. No we're we were a little higher on friday uh. I think it was friday. Anyway, it was somewhere over here.

It was right before this sort of little monday dip uh i got ta get. I got ta buy. I forgot, i got ta place my shares back into here, because i just had it all in call option and uh yeah anyway. Okay, so let's write that down patent here volunteer cruise lines, carnival spirit, yeah nice moves on recovery big day on recovery stocks.

I think the cannabis stuff by the way is overblown couldn't find anything mentioning lay away on the annual report. How weird is that you know? I mean you'd think that they would like break down something about their uh. Their financing i mean, maybe maybe the only way to look at it would be like. Oh, oh, you know where you should do where we should look is in the uh earnings calls potentially for uh for q4.

That's you know what that's the way to do it. I'm gon na pull that really quick, because that that to me is very interesting. So let's try walmart come on load, you stupid! Okay, it's not loading! Let me try over here but uh. I want to also see what how tesla's doing we've got.

I think a big number is going to be coming up in about a week and a half on tesla that could be a big catalyst, either direction honestly for tesla um. I can't seem to get this up right now so i'll i will do it later. Uh hold on a second there we go. Oh here we go.

I got it okay, so now i just need the earnings transcript from. We really want q4 and we can figure this out, so that would probably come out sometime in january, company or february here. It is company presentation, those are just a case: um gosh they post so many updates there. It is okay.

10K came out on january 31st january 31st, i'll figure it out later. I can't do it right now, uh, it's very annoying. It's taking him too long, but i got ta waste the time on it. I will figure it out.

Uh matterport has just been on. This incredible surge has been doing very, very well. Uh win 23andme american express okay, oh yeah! I don't know if i said it yet, but the cannabis stuff, i think, is ridiculous. Like the cannabis, the safe banking act or whatever past the house that things passed the house like five times, i don't know exactly if it was five years, but it's it's passed.

So many times i'm over it, like the house, keeps passing it. The senate doesn't care it's it's just not going to become law, it should become law, but it's just not so that's just been annoying square 266 shift shift has always been right. Around eight dollars, nothing's changed here, let's see moving nicely so far has been good uh. Let's see what else scrolling to the bottom here yeah.

No, i mean canadians saw some of the solar companies d, um dq, canadian solar, robin hood. Draftkings draftkings has just had a hard run here, the last uh few weeks, wayfair 275. um and then, of course, the insurance is lemonade and hippo, okay, so uh. If amazon gets a firm life for holiday sweeping season, i think we'll see 4k.

This year, 4k amazon. You might be right, or at least when they issue those earnings yeah. I would expect that they will do anything in their power to get a firm live by this holiday season and, quite frankly, it shouldn't be that hard. Now, i'm not trying to minimize the work that goes into it because i understand they have to.

They have to do different things for different products, and i have to negotiate this crap but like from a technical perspective, and once the details are out, you should be able to get it up in a week. You know once once the details are set talk about the biggest loser of the day and a potential dip on ear, your ear ears and eyes, or whatever these these things are uh here. What is this 65 percent ew? What happened? Well, i'll pull up the terminal yeah. I don't know anything about this one, but i will try to get it.

Hmm all right give me one sec and i will log in just i have to log in again on here. I have no idea what happened, but i will gladly look for you. It's just such a disaster. You kind of have to look at it.

It's because of uh. What did it? What do you call it shot in floyda? That's not not that i'm happy anybody's losing money, but there we go all right, i'm in again, okay, ear, ergo inc, individual company news, okay, what happened here so ergo investigation alert? Oh, is this a short seller? The shaw law firm announces. It's investigating claims against ergo about security fraud violations. This is it's a it's going to be a short seller, national shareholder rights litigation.

Firm investigation focuses on whether the company issued false or misleading statements, or failed to disclose pertinent information, ergo disclosed september 22nd, that it's the target of a criminal investigation by the department of justice. That's not good related to insurance reimbursement claims. The company has submitted on behalf of its customers covered by federal health employees. Well, that's not good.

The company admitted that, as previously disclosed, the company has been subject to an ongoing claims audit by an insurance company that is the company's largest third largest payer, and now the principal contact related subject matter. The audit uh and they're now withdrawing financial guidance for the fiscal year, yeah ouch, so that doesn't sound good uh that doesn't sound good at all, like, i think, that's more than just a short seller. That's like y'all messed up like something went wrong and unfortunately this is gon na be a bad thing as part of their reputation yeah. I thought that too, that ear was ears when i first saw it but uh ears, you might be right.

Did they drop the ass? I don't know, but anyway yeah. That's not good! Oh, if i haven't mentioned, oh no, hey make sure you get your free stock worth up to 70 dollars with public. Go to metcalfe.com public, get a free stock worth all the way up to 70 dollars. It's met, kevin.com public, they don't use payment for order flow and they don't sell you information yeah, but that's a bummer like is it? If you look at it sideways, though i think it's trying to make the shape of an ear.

Uh. Oh, is nike doing earnings. Oh smokes like yeah, i had no idea, let's see earnings, it's not up yet, but i will gladly look if this is true. Uh, okay, yeah and nike shares imply an 8.3 move in earnings or in in the stock price.

Um costco two costco is in five minutes nike's in five minutes. Vail resorts costco veil. Let's do earnings, i don't understand how it feels like i'm always doing. Earnings like when does earning season end.

I don't mind it though it's actually kind of fun. You know watching earnings. All the time has no well hold on never mind. Veil just came out, i was going to say it makes me unpredictable.

Okay earnings. Fourth quarter: ebitda loss of 99.9 mil the estimated loss was 89.9. So that's a bigger loss than expected loss per share came in at 349 versus the estimate of 350 on eps. It's tiny a little bit better, but the net revenue came in at 204, mil versus 169 mil so obviously still getting beat up because of uh the recover.

You know the whole pandemic, but uh net income guidance uh roughly in in line there with expectations, fell, resort seas, 2022, ebitda, uh, that's uh, that's lower 2022 ebitda a little lower than expected. This doesn't sound so great 320 million dollar new capital spending plan, including 19 new chair lifts, of course, across 14 resorts uh reinstated their quarterly dividend all right. I wonder how it's doing all right. Let's see here, veil veil results victor.

Where is that happy to look at it so veil resorts is it did run during the day it's down 3.7 in after hours now, because of uh that yeah lift tickets about to be more expensive? Do you think that the market will make a significant dip? No, or will the market continue to bid it up that yeah? No, i it's just what under what catalyst? You know all the uncertainties going away and it's just gon na keep getting worse and and uh, even though we might have red days here there or whatever. I still think - and i said it for like eight months - that september october rally is a real thing. Uh in terms of when the cpi stuff comes out, which is october november. No, i don't have a video on the uh enviro cleanse thing.

I don't i just i have three of them. I like them so much. I just kept buying them, but we're talking about the air purifier i have. It's met, kevin.com air.

Okay, let's see here, i don't see somebody mentioned something about an sec report. I don't see anything about that thoughts on lower covet cases on higher testing levels. I think the market here's market doesn't seem to care about delta anymore talked about a firm yeah. We did we're waiting on nike right now and uh costco, oh yeah.

I keep getting asked about peak uh peak fintech. I don't even know what that is. Fintech commercial lending group in china - oh i'm not going to touch it how's that for an answer, i'm sorry it's just i'm not! No! I got enough exposure to chinese stocks with uh. My neo uh shares and call options and my win call option.

That makes me nervous nothing, looking nothing mentioning layaway at the transcripts. Are you serious well? Thank you. I appreciate you looking that up, i'm blown away that they don't talk about layaway like how are we supposed to know how big of a deal layaway actually is like who? Oh here? Okay, let me let me do this. I'm gon na run a poll here and i would love your help.

Okay, have you ever used lay away at a store? Yes, no! Okay, nike just came out. Oh my gosh. This is a lot of stuff. How am i supposed to read all that? Nike misses estimates, uh nike comes in with a net of 1.9 billion eps 1.16 revenue uh a total revenue of 12.2 billion dollars.

The q1 inventory came in at 6.7 billion versus the estimated 7.65 billion lower inventory. Uh revenue came in at 12.2 billion versus the estimate of 12.47. That's a miss e, however, it is a beat on gross margin by two tenths of a percent. Gross margin was 46.5 percent.

The estimate was 46.3 greater china revenue 1.98 billion versus the estimate of 1.96. So tiny beat there on china. So where do we miss? I don't know what the other i don't know exactly. Nike shares fall four percent after first quarter, revenue missed mm-hmm, okay, yeah see.

This is what i was expecting uh on the poll here. 88 of you are voting that you've never used layaway. Honestly, i've never used layaway either like i don't even really know what layaway is. I mean i get it.

You know, because we just talked about it today, but like personally, it's just seasonal, no mention either must have some other name like seasonal purchase plan yeah. It's it's just not something i uh like i i ever grew up with um. We couldn't really afford anything. So we didn't buy anything anyway.

Well, i mean obviously about some stuff, but okay, costco fork. Fourth quarter eps comes in at a beat 3.76 versus 3.55 expected comp sales, including gas, up 15.5 percent versus uh 14.3 percent. In the estimate, total revenue, 62.68 billion versus 61.53 billion expected so uh costco b eps also beat 376 versus oh well. That's year over year, okay, uh so again, eps came in at 376 versus 355 expected so costco has a beat here and nike misses uh nike had a and costco is only up like 0.6 on this costco's.

Barely moving on this yeah, so costco is flat on this. Maybe the market doesn't know yet i mean i got to that. Pretty fast um there's not like a lot of volume happening here at costco, so maybe the market just doesn't know yet uh the one uh we said: nike uh, nike's down 2.6 percent, so it had had its fault here, but kind of over it. Now so yeah layaways, okay, okay, i'm not gon na read that out loud, but i will put it up on screen because it's kind of hilarious i screw it, i'm just gon na say it layaway - is how crackheads dollar cost average into a flat screen.

Okay, so minus the drug part. I really think it's funny to compare layaway to dollar cost averaging into a product. That's a good one, uh. Anyone who anyone who's looking at layaway isn't going to be on a live stream.

Investing that's a good point. Damn it uh! Well, okay, i appreciate that yeah. Like i mean i wouldn't use a firm either like don't get me wrong like i love a firm, but i won't. I won't use the firm because i'm just gon na pay for stuff uh and, and that would be true too even ten years ago.

I wouldn't i wouldn't like finance stuff uh, with the exception of real estate. You know uh my first car, i financed my first car, but i paid it off within the first year. Um anyway, margin is stocked, lay away. Okay, um twenty dollars here, amc is, nineteen percent.

Short shift is thirty percent short. We need to get this baby trending on all street pets. Uh stuff. I still have some shift shares, not as many as i used to but uh yeah advice for entertainment purposes.

Only that's right. I've had to use a firm once and it was hassle-free, although the apr was almost 11 for the year yeah. I guess not all of their products. Do that zero percent interest thing it's in fact.

Most of them do have the interest. That's funny. My family used. It for seasonal linens when they were on sale.

You got the sale price and you could pay for it over three weeks. I mean that makes sense that doesn't make sense. Seasonal millennium, wait on you, said: seasonal linens, yeah, that's right! Wow yeah nike's popping back up people buying the silly look at the people buying the dip already. Can you use a firm on gift cards? Probably not.

I used a firm to buy philadelphia, phillies tickets. Last week i had no idea they had stubhub partnership. Wow really i'ma. Look at that right now, yeah, but a firm, a firm doesn't do the financing for apple.

I think apple has a some random bank partnership on that one. How stubhub the heck is. This. Did you learn about layaway in florida? I i'd never learned about uh layaway stubhub.

I've heard it, but i never knew what it was meant. Okay, stubhub. Why is it so hard? When am i typing this wrong? Oh yeah, i wrote it wrong. Stubhub there we go like what's subhub all right, uh, let's see here, let's go to uh, i'm gon na go to the yankees.

Let's try to buy a ticket couldn't get a ticket all right. So, let's buy. I don't know. Let's, just let's see if we can affirm this, i think there's got to be a minimum, a certain price, so uh, let's get one of these over here there we go all right.

Let's just see, if we can affirm these oh continuous guest hold on a sec. I don't want to dox myself. I don't know. What's going to pop up uh mobile fan, protect okay, continue continue.

Oh, i can't continue payment until put my email in okay, fine i'll. Do that really quick one sec? That's me! That's interesting! I mean, i believe you. I just kind of want to see it. Oh look at that.

Oh, how cool is this? Oh, that is freaking awesome. Oh, i love it. Oh man, yeah yeah. No, that's what i was purposely trying to pick something expensive here: uh nice job buying the dip there on on nike wow, good job yeah, it's popping a little bit here, but this is so cool.

I did not know that apple uses goldman sachs, no there's another bank they use for the iphone. I know the credit card is goldman sachs uh and they want to do buy now, payload, but there's another bank. I think that it's not synchrony uh. I know because uh i actually that's kind of weird, because it is kind of like a binary.

I do the um, which this is like literally the opposite of what i said with me, not using a firm and stuff like this. I guess i got i got. I got caught there, making a mistake, uh lauren and i we do the iphone upgrade plan and uh. The reason we do it is it's just it's so convenient uh, because you just you go to the next phone.

You know the next one uh we were doing the math the other day too. If i just paid cash for it and then did the trade-in and it ended up being. We think it was somewhere between 80 to 100, less expensive on the sort of upgrade plan. But i kind of just look at that as like my phone bill, but uh technically, that's kind of a buy now pay later right and it's zero percent interest yeah.

But i can't remember what bank it is. It's some random bank anyway uh this is uh. This is really good, though, here uh this a firm integration, i'm gon na try clicking it and let me see here hold on i'm just gon na hide myself just for a second just, so it doesn't tox me, oh cool okay, so if you click switch to A firm you have a firm paypal, apple, pay, credit or debit card. What i think could be a potential risk for a furman.

I don't know uh citizens, that's it! Thank you, adam smith. Of course the author of the wealth of nations would know the answer. Uh. That's the bank, it's citizens, bank, you should do an iphone review.

You y'all actually think i should do tech reviews like i don't know i've thought about that, but i just thought nobody would care if i did tech reviews or whatever and like i don't know, yeah uh, let's leasing like a car, not layaway, lay away. You don't receive it until you paint full. Oh, but again, i guess with a firm you do receive it uh. You could buy apple products through, oh really, through um through the affirm app.

Oh, i didn't know that really geez y'all, that's crazy, big brain! That's a big brain reference, uh affirmative uh second channel - for that do a poll under stay with your poll on twitter song? Oh, that's! Right! Didn't i that's right. I did do a poll on that a long time ago, more stonks, uh virtual car. I don't know i guess i could always like if there was something passionate about, maybe i could do like a review, video or something meet kevin tech reviews. You know if i start a new channel - it's just i'm not going to i'm just because i'm not going to pay attention to it, but anyway uh.

I do wonder how easy it would be for apple to include by now pay later now. I know from a practical point of view in terms of just doing it: it's not that hard, but the issue becomes partnering with all the merchants, and that, in my opinion, is, is a firm's. Moat is the merchant partnerships, because this this zero percent apr thing stubhubs, probably paying for that somehow or whoever's selling the tickets, is paying for that uh so that that partnership. I don't know that apple's gon na get ya.

You know because paypal lets, you do paypal credit on pretty much anything, but it's like pay within four payments or whatever, but this is cool because with a firm how many months 82 dollars a month, are you kidding me i can. I could pay my my tickets over the course of a year 12, yeah 10 months - maybe eight - i don't know 11 months or something something like that. Um, but that's cool, just yeah. Exactly integrating the api is that's the easy part i don't think doing.

A bana buy now pay later. Api is hard, uh hold on. What's kayla's house she got to say the controller of the currency, the organization that regulates and supervises national banks and pretty much any company that wants to get into the financial services space even digitally and apply for a charter because she's, an academic there's. Quite a bit of literature that she's released publicly with her thoughts on the matter and she's been highly critical of big banks and tech companies alike on digital currencies.

She called them untethered from the real economy and suggesting that they could even detract from growth of jp morgan. She tweeted this summer. Does the world need jp morgan to grow, bigger or more powerful and on facebook, which currently has a digital currency that is under review? She called it monopolistic in its business practices. Now the white house has had trouble finding a nominee for this position.

That would appease progressives but also uh seem moderate enough to win votes on of the democratic spectrum. The white house here is betting that, because omarova worked for the george w bush administration back in 06 and 07 and is less progressive than previous names that have been uh suggested and also less more conservative than them uh that that they will have not a hard Time getting her approved but of course, there's going to be a lot of written uh, written content for lawmakers to sift through and to potentially argue against. During her confirmation hearings, guys yeah, i mean it's kind of a pattern with some of these tech regulators that the body administration has chosen. Kayla just want to quickly ask you about the reconciliation bill.

I know you've been digging into it. Some news today of a potential framework investors are paying attention. What do you know? Well, i just spoke with the senior source here at the white house who thinks that congressional democratic leaders uh got ahead of themselves earlier today, confirming that from the white house's standpoint, there is no agreement on the size and scope of this package and that there are Still questions about what pay fors or even included in the quote-unquote framework that speaker pelosi and senate majority leader chuck schumer announced earlier today. Certainly, the white house feels that negotiations are still ongoing in earnest and there are at this point more questions than answers, even though they they say that, of course those talks are still ongoing and they hope to to get more progress.

Expeditiously kayla thanks so much for that much appreciated uh we're gon na pivot. Back to crypto, though now uh following the the first part of that story and uh joined uh now by uh, the ceo of radical uh ryan shefdell, which is a new crypto trading fund. It's backed by steve, cohen and ryan thanks so much for joining us great to yeah, whatever uh, okay, so uh yeah. This is the firm thing really really cool um, but yeah again like we were saying, integrating the api is easy.

It's the merchant partnerships uh that are uh that are harder uh, so that's uh there we go i'm trying to see if i can get a little bit more here, but i don't uh. Oh i found it. Okay, i want to ask hold on all right. Almost done okay cool, i i just asked somebody who i think would know.

I don't know if they can tell me uh, but i asked them if they have any public info for uh the sales that walmart uh has on uh for layaway, because this is a big deal for a firm. So if i hear anything up, i want to make a video later anyway about it, but it's very very interesting, so this this whole affirm thing stubhub. I did not know this is very cool, but the walmart uh announcement here huge uh, so very excited about that. I do want to dig in to see you know what kind of value we actually see or get out of that but uh, you know a firm's, just it's even taking off here in the after hours a little bit.

It's been a good play, but uh anyway. So uh, let's see here and what what else is happening in the after hours after hours, uh nike down a little bit dropbox down a little bit honest company down a little bit hot ain't mining down a little bit um. I really want to see matapor plummet like honestly, please just plummet. Oh i wonder if you can affirm matterport that would be cool.

Can a con construction company be a merchant on a firm, probably uh if they partner, but i don't but then again i don't know. I don't think they do services, i don't think that's their their uh, their main thing right now. I think they're trying to do more product based so probably not something that would happen anytime soon. Okay, let's see if we can buy a matterport uh three thousand dollars.

Jeez man get these things on black friday. They should totally have this affirmative. That would be smart. This is the perfect place to do this.

That would be so. Smart man i'ma send him an email right now and go. How come you all haven't partnered with a firm? I am literally gon na. Do that right now, because i i that would be so smart for them all right.

Oh i'll, get i'll pull it up here and do it. I don't want to waste your time doing it right now, but i love the idea of it. Oh yeah, okay, cool. I got it up so i'll.

All i am that um. You should totally do that when's a good time to buy it from like yesterday. No i'm trying to figure that out myself and i'm really trying to get more information here on uh the walmart sales info uh. I bought a put on a firmware.

Can you not? I bought a put on matterport today? Well, i mean it's not like they can turn around and do that. You know in a day, uh take a while to negotiate that and get in with their sales team and so on, uh, but uh anyway. Hmm, okay, after hours, pretty benign here, mostly benign uh, did i say i i closed my uh, my hut, eight call option. Uh, remember folks, anytime, buy sell, i send alerts, and it's really just to give you ideas uh in terms of what i'm doing what i'm looking at, i send those by seller.

It's not stocks. Psychology money group, coupon does expire tomorrow. Price will go up is what it is: um yeah firm's at 128. Now, oh, my gosh, dutch bros is another one that just that one blows my mind a little bit.

It's not not something! I really want to be a part of, but um robin hood. Coming back up, i think the pain, the wallets for robin hood is very smart. I hope they start releasing that soon uh. I think it's a very, very good idea, a long time.

Coming too, we promised that one for a while penn national gaming, how's pen been doing - let's see here usually trades in the middle of the days. Oh wow yeah that had a february run jeez it's half of february, but so is redfin uh. What's going on? With coin - oh, that's nicey to say cook: this person is not a plant if you want financial education, freedom by kevin's christmas. Oh thank you! No, i unfortunately don't follow euro stocks month down.

Uh yeah twitter's actually talked about this tipping thing before and i they just kind of roll it out slowly. I think they're more, just testing it right now, so i don't know how soon we would see any kind of impact on that. Can you buy a firm shares on layaway yeah? It's called margin. Oh good job on your 1015 call options, nice job.

I made a lot of money on matterport uh metaphor: i don't i hold this much smaller portion. I do now because i sold my options, but i didn't wait as long as you did so. Congratulations, good job good, i'm happy for you, yeah and - and i would buy the shares too, like own matterport as a long but yeah look if you could play the short term, great you're still milking the matterport good for you all right. Uh cardano summit agenda has been released.

Oh cool i'll check that out. Thank you. When am, i buying calls on evergreen, yet not not really, that's the crazy thing guy. It feels like there's a lot of competition, but it's like you go to that.

You go to stubhub that checkout page, like we showed in this video where's the competition. You know it's it's literally. That's the only one that that bluntly lets you do that that uh by now pay later thing, uh, yeah and i think more, the more people uh use a firm, the more likely they are to use it again in the future. I say this all the time and yesterday i was at dave buster's and there was a game.

I don't know what it was, but it's looking at it. It says, like your sensai has arrived and i totally thought of you just you always leave that comment. Uh and i'm like, i should take a picture of it. I didn't take a picture of it, but i thought about it.

Um, that's funny! All right. Do you think robin hood crypto wallet on top of the chance amc has finally given dogecoin utility could be a catalyst for the revival of that dogecoin euphoria um. I wouldn't hold my breath on that uh yeah. I wouldn't hold my breath on that.

You know. I think it probably is is more likely to uh. I mean if there was a big change in in, like elon musk says the transaction fees in doge, maybe but otherwise you're waiting for that momentum again and we kind of you know we get it like elon pumps, doge right, but um, nothing like that snl peak. We had that was insane that was fun to watch too.

Klarna is a competitor. Yes, yes, no you're, not not the only one that is a competitor. It's true. Paypal does have paid later it's paying for installments on pretty much anything right, but that's different from making agreements with merchants to do zero percent uh to to do these bi-weekly options that they're doing now uh, which was also another update, uh that they just did neo Launches the standard range hybrid cell battery hybrid cell, the heck, is a hybrid cell anyway.

All right, i think that's all i got i got ta. I got ta, do some more firm research right now and i got ta email, matterport um, and somebody tell me why. Poshmark is falling like if please go go to medcabin.com chat, join the discord, the the public stock chat. You don't have to pay anything and uh.

Please tell me like tag me at me, kevin and please tell me why poshmark's falling and tell me when it's gon na stop, i don't own poshmark uh neo models equipped with new 75 kilowatt hour battery are available for orders for november. It's smart to put up bring out the smaller battery square bottle after pay same thing. Uh and again it's it's all about those merchant connections. But yes, look the cool thing about square.

Is they have the merchant connections because they literally do the point-of-sale stuff? You know so um, no, no shortage, you're right, no shortage of competition uh, it's just those partnerships that that's where the attendees are and that's why i'm investing in a company, i'm not investing in the buy now pay later company because they do buy now pay later. You know investing in them because uh because of that brand, that they've built, which is important from a consumer point of view, and also the merchant point of view - oh bitcoin's at 44.6, now nice i'll bump there all right, okay, good! Thank you! So much folks get your free stock course coupon code down below we'll see you later, thanks for being here, bye.