Hey everyone welcome back to another course: member live stream or not course. Member live stream. Welcome back to another market, closing live stream. We just finished the course member live stream, my bad wrong, intro process through my brain, but that's okay, because i want to know if we are at the beginning of the end or if we are facing a nothing burger.

We've got a lot of catalysts that have really become a lot more clear over the last few days. We did suspect that there would be some kind of pain towards the end of november is when really the suspicions started gaining that okay, some something's going to cap here like we, we can't keep going like this forever and sure enough. We've started having some pain in the markets. I've seen some recoveries, but a lot of stocks down at substantial lows.

I mean we're talking 2020 levels to where these stocks have done nothing for a year and so a lot of a lot of focus right now on the catalyst that we have government shutdown potential for friday probably will get avoided. We've got the debt limit crisis hitting the debt limit december 15th per janet yellen uh probably will get avoided. We uh have other pain, especially in the financial services space like uh paypal, uh you've got uh square, robin hood sofi coinbase, these guys all getting beat up. Although i do think these are going to have a glorious glorious rebound, so i've been buying the dip a little bit.

Obviously, you know if you ever want to get all of my buy, sell alerts, check out the programs on building your wealth down below and use that cyber monday code expiring at the end of this week. Actually, tomorrow evening, as we um go into my vacation and the end of cyber monday week, but anyway, uh personally, i think a lot of the uh. The volume that we're seeing right now is is based on fear and temporary concerns. But all it's really doing is giving people cash to go shopping for the dip again and once we start seeing stronger reversals, i think we're going to see big big movements in individual stocks kind of like what we're seeing over here in carnival cruise lines.

I mean take a look at carnival just just as an example here. Uh sorry, not carnival uh snowflake snowflake had had its fall from grace here off of 400 did at one point fall to about 303 and uh. You know big u-turn here, 16 up on very, very strong earnings. I think earnings are actually going to be very, very good next quarter, so i'm very optimistic for earnings next quarter, uh well in january, for the fourth quarter, uh optimistic on earnings, i think uh, what we're really looking for are u-turns here on particular stocks like paypal, Which is showing a little bit of a u-turn today, uh visa carnival cruise lines these.

These are some stocks that have hit some brand new lows within the last day here disney disney's, another one uh these these are stocks that could really explode in the event that the markets are. Finally over. All of these catalysts, which i expect will be mostly nothing burgers but we'll see corsair gaming, another one - that's just been wrecked uh, but uh all a lot of these up slightly today. You know two three percent here, four percent.

This could be the beginning of a reversal trend. I mean even look at trade desk or cloudflare, for example, slightly green here waiting for that confirmation reversal arc almost back up over a hundred so far, fractionally green today, really the pain points today are at the miners, which i posted a video breaking down. My thoughts on the mining companies, which i highly encourage you to watch my thoughts on the mining companies, also watch what joe biden just said. Uh.

Those are two videos that i posted within uh, really the last like 90 minutes or so uh, and i think they'll give you some good insight into what's happening and some of my thoughts, the uh matterport stock. We saw that some of the excitement about matterport is is waning a little bit as uh. This has been ridiculously run up by traders uh. This stock ran up to 37 dollars, which was insane and stupid.

It's back down to about 28 right now. I do uh. This was down about 10 to 11. Today it has bounced off of its bottom.

It's still a little too high for me to add to it, but when it gets to that point, where i'm adding you know i'll be sending out alerts, i do think that lucid still has some more pain ahead of it. I think that this is a big there's, a big reason to believe that lucid is going to substantially miss deliveries. I'd be shocked if, if it beats and if it beat, i mean it, it's going to run like crazy, but uh. If it does end up missing, which i think the market is starting to price in now, we could potentially see like a sub 30s price.

Again, i don't know for sure if we'd end up going that low but uh you, you know, you never know. Uh affirm. 113 love it. This is part of your uh sort of typical payment process or sell-off that we're seeing coinbase robin hood.

Sofi affirm paypal. These are all these guys at relative lows, although of course visa and paypal up today. So i'm excited excited for opportunities been buying. Uh, some of the dip still have uh most of my cash available, but i've definitely been buying the dip in the last couple days, especially because just some of the pricing that we're seeing is is incredibly incredibly low.

I do want to do a little bit of a comparison here, though, and just explore how we're looking relative to some recent crazy history here, uh and uh - let's see here if i can get, let me quickly get the chat up. Oh, where is it there? We go okay, cool, so i'll. Put that right here. So i can see y'all in the chat.

Aha, okay hold on give me one. Second, here keep losing it to the wrong screen here, my bad! There you are there. We go okay, good, so uh somebody's. Take two interactive: oh, let's take a look at take two, let's see, what's going on, uh bill.com substantially down off of some of its highs, although this one has just gone ridiculous as well, let's go to take to take two interactive uh is this is this? Is that the ticker for take two? Maybe it is take two inner yeah? It must be okay, interesting, not not any kind of dramatic excitement here, uh neo back to uh! Look at that bouncing right back to its uh or falling right back to it's almost a 34 support line.

Here it felt a 3402 earlier today, yikes volatility, actually down 10, as the indices are doing very well uh. Let's see weber grills! You know that was a cramer pump there for a while huh. What is weber? Isn't it something like this web burr there? It is weber, so weber, grill, scully, that one's gotten hurt since ipo. I i'm gon na look at their fundamentals, really quick on weber.

I looked at their fundamentals when they ipo'd and i for me it was a big. No thank you, along with toast, but they've come down a lot so uh do. I think a firm could go below 110, absolutely go below 100, 100 and it'll be a great opportunity. I think, okay, so weber, grills.

One of the problems you have here is you're not looking at much growth. I mean you're talking about maybe four and a half percent growth over the next few years and uh the earnings aren't like substantial. I mean, maybe like a nine eight nine percent margin. So i think that's probably why you're seeing this one sell down a little bit.

Remember the high margin plays, i think, and i think you could swing trade a rebound on on some place that have lower margins like robin hood, but i do think that uh you, you mostly want to focus your money on higher margin, opportunities and dips on those. So, for example, i personally am waiting for a larger dip here on etsy, so i could finally add to etsy again sold a bit at two, actually a good chunk at 280., a firm waiting for this one. Although i've been nibbling and tiny a little bit already on this one but wouldn't mind for it to go a little more watching for a reversal here on square we're already off that low of 185, so we'll see if we get that reversal here, let's see apple Apple recovering today, that's impressive apple was down as much as four percent this morning it was incredible. That's incredible! Let's look at the spy for a moment see how the spy is moving.

Okay, so s p 500. We go to the day chart yeah. So look! Look at this: this is a nice dip. We're getting right here right! This is this is shopping time, even though the spy, i'm pretty sure, is positive.

Today, i don't know for sure, though, let's find out uh cnbc, uh dow jones, two percent yeah spy's up 1.65 uh, nasdaq, 1 russell 2.8. You did have the ftc news that came out during the course member live stream. We were looking at that. The stock barely reacted.

I was hoping for a for a fall honestly, but didn't really get anything at nvidia people are people are wanting to dip on nvidia. So all s p 500 sectors, higher healthcare technology, consumer staples, discretionaries. Everything is up, but there are definitely a lot of companies that are not fisker a lot. It looks like we got an ev down rotation.

Now you want to be careful with evs that with evs there's always a chance. We could rotate into a anti-ev environment, which is unfortunate, but it can happen. An anti-ev environment would be when all of a sudden people start flooding batteries again and ev transition and they stopped caring about evs blah blah blah uh. That's a problem.

It is worth noting that tomorrow the coupon code expires for cyber monday and the price will go up. That's the end of our sales season. Pricing did go up after black friday, but there'll be a larger price increase tomorrow. So, tomorrow, night, that cyber monday coupon code will uh expire in the event that you weren't able to take advantage of black friday.

This is the next best uh choice, not as good as black friday, but still very good. So i talked about the miners in a separate video, lucid recovering a little bit going into the end of the day here: hmm ribbing at 111, wayfair 237 wow. This one came down a good chunk here, trump backed rumble, not for me uh, honestly. I never even really heard about rumble uh briefly looked at it a little bit.

I i think you've got. Let me put it this way. I wouldn't bet against youtube. Uh yeah birds.

I so i don't know anything about this company uh, all bird or whatever uh. There's been a lot of enthusiasm, bird, global global, i think that's auburn, right yeah. It just goes to show you i i don't know anything about it. I'm pretty sure that is what it is.

Uh nice rebound here, though uh. What's it doing today, it must be up a lot today. Yeah, look at that. It's up 20 today really solid rebound today.

So nice don't know much about this one, but uh hey, look at that shows you that uh, some some things can rebound shift four. This is another one, that's kind of been hitting some some recent lows here, and this is one to pay attention as well to as a reversal play it's interesting here. I'm gon na write this down because i'm waiting for reversals but we're starting to see reversals. So i'm going to write this down starting to see reversals, and these are the ones to pay attention to otherwise they'll run away from you, so i'm going to write down where we're starting to see reversals.

Usually those are ones i like going to shop for so i'm going to write down four i'm going to write down paypal. I don't see the reversal yet in square pay safe personally, i'm not interested in recoveries, right paypal and carnival or not uh, dave and buster. So play in carnival so write down play and ccl visa, so reversals here could extend unless you get some bad news once you start seeing reversals, you could see these continue to extend. You know, maybe not as much as today, but you still see some uptrend uh.

Some potential reversal here on redfin rdfn, um autodesk, maybe a little bit of a reversal there on autodesk a d s k, how's, adobe, uh trade desk would be another one for reversal, and here we've got uh, not so much here, nerd wallet, i don't care about. Ggpi, i don't care about x, x, p, e l - i don't even know what the heck that is. I mean i'll, gladly look really quickly e or x, p e l. What is that x spell this is develops and manufactures automotive protection parts cut to fit protective film wow sounds like a commoditized product, which i don't love growth.

Six uh, i mean they've grown a lot expected to grow 25 22 percent over the next few years are profitable uh. You know 1.23 in eps, going to two bucks in eps in 2023. Margins are pretty good 14. It's not bad! Actually, i'm surprised xpel down.

Five percent right now on a recent downtrend. That's interesting, yeah, uh, okay, what else? What else for a reversal jack? Should i go in all in on arc at these prices? Uh, you know arc is starting to do a reversal as well. You know we just hit a low it's below 100 bucks uh. You know the the fund has done terribly all year, er substantially underperforming the market, but uh you know, look i'm i'm, mr by the dip and i've been raising cash.

The last few weeks to go buying the dip. If i didn't want to individually pick stocks at 98 i'd - i don't. I would not be opposed to to watching for a reversal here and starting to potentially buy the dip a little bit. But i i'll wait on this one, so i'm writing down starting to see reversals in for paypal play carnival visa redfin, autodesk, trade desk and ark.

These are all stocks that have come down recently: trade desk being one that that's still a little bit higher and so even net net you're, seeing a little bit of a reversal there. So i'm going to write that one down 12 to reversals. So if we see that again tomorrow, it could be a little bit of a of a sign of a movement that uh, maybe maybe people are going to be less fearful about all the catalysts we have so remember, all the, as i mentioned at the beginning of The video the catalysts that we have are are, i think, going to be substantial, nothing burgers, but the market's going to be nervous about them. You know, i do think that the lockups excuse me.

The lockups for robinhood are going to create a big opportunity for a reversal, the lucid and and neo. I expect to crash mention that this morning, uh, the i think, jobs and cpi will kind of just come in as expected, if anything, slightly uh with a positive tune to them. I i think maybe the fed will taper a little bit more, but it's not going to be a big deal. Congress is going to punt to february we'll pass the budget past.

The debt limit and you'll still have volatility, though, because of profit-taking and um uh and loss taking, but beyond that, once once we get through some of these nasty december catalysts, which some of them have become a little bit more pressing than we thought they would then Uh then, i think this is nothing but an opportunity to add to the market uh, and specifically, some of these, that that are starting to show signs of reversals. So i'm excited about that, like i personally believe that carnival will very quickly be back over twenty dollars. Uh shift four, let me go. Do a little analysis on shift four circle.

Pay aunt kathy is buying bigly i'll. Look at that one too. But let me look at four one more time here so for yeah, i'd, say lucid under 30., not necessarily under 20.. If it went under 20, i'd be a little go into margin, then uh so shift 4.

yeah. I really like their growth. I like their margin growth as well, because you're you're expecting to grow shift for at least 20 percent a year for the next five years. Their margin is expected to approach 25 percent by 2024, really growing very, very well.

I don't know very much about the company, though so i'm probably gon na go dive into their uh uh earnings call and their earnings report. So i'm gon na write down er on that one to dive into that one, a little bit more uh and what was the other one. Somebody just mentioned something about aunt kathy circle circle. Is there a ticker on that thing c and d that doesn't come up when i just type in circle, cup, c and d? Is concord acquisition corp? So it's a spec not enthused about spax at all right now in this environment, so your highest risk plays so arc buys twitter.

Okay arc buys concord funds acquisition, corp yeah, that was uh november 30th short interest to concord acquisition. 40.8 yeah. I don't know what they're taking public. Maybe we can find out concord acquisition circle.

You say circle, acquisition, statement, circle, huh circle, global financial technology, blah blah blah 4.5 billion enterprise value. I probably would stay away, especially with this fintech pain that we're feeling right now. Uh. I thought her last name by the way was was iverton.

I got it wrong, so i had to look up her last name over at hud 8.. I i thought it was ivorton. It was leverton, i'm like. Ah, if you watched my last video you'll see a little dub when i fixed it, they is you can't hear a word.

Sarah eisen is saying it's great uh, dow jones industrial up 1.83 s, p, 500 up 1.43 nasdaq. 0.83. Russell 2000 is up a big old 2.74 and that is because we're seeing a reversal in the recovery stocks after joe biden's talk made a video about that. So you can watch details about exactly what joe biden mentioned today, but uh.

Definitely seeing a reversal on on some of the recovery plays, i do think there's an opportunity to swing trade, those potentially if we continue to get that enthusiasm going into tomorrow, uh and monday, and we've got uh what else we have here - pain in the ev sector. Uh pain in the minors uh some momentum going away from some of the very high performers like etsy end phase matterport a firm some of these creating opportunities like a firm right. Now i don't know if we have earnings today, thursday. Let me see if we have any earnings today: oh docusign ulta marvel smith and wesson.

Oh, yes, we do have earnings today, oh that'll be fun all right. Let me go ahead and pull these up so doc. You, i think donkey's gon na do well. I don't know, that's kind of makes me wish.

I had more docu or or an option on him or something, but i don't like playing earnings we'll see if donkey falls, i that might be a biop we'll see. Patience is important, especially in this market, because it's so volatile, so docusign mar-vell, ulta smith and wesson. That's what we're going to be watching for uh. In the meantime, c3ai 11.73 percent of the downside wow it's incredible matterport 8.6 percent of the downside, lucid 5.34 to the downside at c 3.75 to the downside, lots of pain, uh snowflake express cardana, these guys cardano.

These guys are running cardano. Look at that in the 170s now wow nice run there on cardano. I was just looking at that one too at 156, but that's okay, uh! So we'll see what kind of uh action we get tomorrow on the recovery place. If we end up getting a little bit of a drawdown, does it become a little bit of a buy the dip opportunity or what a lot of recoveries did? Well today, a joe biden talk really actually helped.

So i think a lot of people were expecting joe biden not to help recovery stocks that usually, when sac your biden talk, stocks fall, but uh did well today. So, okay earnings coming up here. Okay, let's see here, uh all right, so matapor yeah. We talked about this already watching lucid closely because i do want to buy lucid once it finishes its plummet, but not a rush on that, especially since i think production delays are going to really hurt them for a while.

Okay, no real action. Yet in the aftermarket, though, we're gon na be watching docu bigly here so did docu earnings come out. I didn't see that yet, but they are today so i'm kind of hoping for a miss, but i i don't think that they're going to miss, even though i'm kind of hoping for that, let's see here, yeah docusign's not out yet marvel not out. Yet these guys are all supposed to be coming out within the next 60 seconds.

Do you think elon's sale is about the current bankruptcy risk for spacex uh? Maybe, although i mean a lot of his money is going to taxes, taxes on his gains taxes on his options, so probably not. I think that might be a little bit more speculation bankruptcy risk for space. I i i don't think so. Actually, the more i think about it, i don't think he's gon na have a lot of extra money after his taxes, but maybe it could give him liquidity for the time being until he actually pays his taxes.

All right 10 seconds for earnings, see what we get all right here. We go three two one, no docusign, yet no more value: okay, ulta eps of 394 uh they beat sales net sales came in at 2 billion expectation was 1.88. That is a boot by ulta smith, wesson net sales, miss uh eps for smith and wesson came in at 113 versus 129, expected 230.5 in sales versus 265, expected smith and wesson misses marvel comes in at 1.21 billion, that's a beat versus 1.15 expected. That is a beat and docusign docker signs out 545.5 in revenue, docusign adjusted eps is a big, beat uh wait on adjusted eps gaming coming in at 58., 58 cents versus 46.

That's really good on the bottom line. Uh they're not now losing money anymore, which is also really good. Revenue revenue beat 545 versus 531. man.

I was expecting a beat uh wait. Why is it down? Oh, it's perfect! Wait. Are you serious? This is the best case scenario. Oh oh, it's perfect.

It's literally best case scenario: oh my gosh. They bead like crazy and they're plummeting. What uh? Why? What did they say? Beats estimates? No. They they beat.

That's nutty hold on a second here financial analysis here, uh that doesn't make sense expecting uh profitability. This year i mean they're still selling for an exorbitant amount. I mean 100 times pe now, uh and and future pe at you know, whatever 235 or even 200, divided by 3.55, 2025 still selling for 56 times forward uh individual company news. Why is it falling? I don't know what did they say? Was it guide? Maybe i don't know i don't have the answer, i'm trying to find it trying to find it trying to find it trying to find it mm-hmm.

I do not see a reason in their press release, either at a very, very quick look here: uh 42 year-over-year growth operating margin of 22 exceeding expectations uh again they beat on eps they beat on revenue. This is weird. This is a very. This is good.

Has oh, has not reconciled its guidance. What does that mean? Accordingly, a reconciliation has not been provided. Maybe that's. Why no guide docusign ventures, uh preview, expansion of their sales force integration - that's weird! It is a it's a high, it's a high valuation for sure, but dude 188 i've been wait.

I just i sold all of my donkey side and i've been waiting for for something like this wow yeah. That's that's incredible! Yeah marvel and ulta b. Let's look at ulta, uh ulta is up nicely delta up five percent. Nice marvel 10, so rip nice.

What about smith and wesson? They missed yeah, so they're down. I don't! I don't understand docusign smith and wesson's down almost eight percent so hold on a sec. I s, i don't understand, docusign reports, that's good! No, it be. I don't get it to me.

That's this is best case scenario for the stock. Literally, the best thing that could have happened is uh. You have a beat on a great company and the darn thing plummets. I mean it's: it's phenomenal 2024.

I think eps is projected to be about 355., so 180 divided by 355. you're, paying about 50 times. 20. 24..

It's it's still pricey, but i think people are just escaping this one because of covet or something uh seems odd to me. Hmm, i'm trying to see an update or a reason on the fault. If i could just get a reason. Oh there it is, it was guidance that came in lower q4 revenue of 557 to 563.

The consensus was 573. There we go okay. So it's a guide problem. So that's about 560 expected versus about 574..

That's only a two and a half percent miss third quarter. Billings miss. Let me see here what was the expectation then okay hold on llp. I don't know it seems wild to me.

Uh one sec, we'll go back to the chart so billings. Oh there, it is okay. Yeah billings came in at 565 versus 589 565 versus 589 expected that's a miss of about four percent, so guidance down about two and a half percent and miss of about four percent on billings, but really 21 down on that that's nutty i'ma buy it um. I like docusign and, quite frankly, i've been waiting for this kind of an opportunity.

So fine with me: what's it at 184, okay, i'm buying it. I love me buying some deals when they sell off, like that. This see when docusign ran over 300. One of the things i was saying is i just wanted to dip under 200 again, so i bought okay cool.

These are the kind of things you want to be in the course for because sometimes these things happen when we're not live, and then i send out the alert and then, if you want to join the opportunity, you have the opportunity to do so. If it is an opportunity who knows could be stupid, maybe it'll fall more. I don't think so. I think that's that's a nutty overreaction, but anyway yeah use that uh cyber monday coupon code that expires tomorrow night and uh yeah you get lifetime access.

What else is moving in the after hours? What zillow's up seven percent? Okay, good dave and buster's is up again so we're seeing a little bit of move again on the recoveries carnival cruise lines up a bit good good, that's kind of what we expected! Mata port up recovering good adobe dropbox, these guys falling software is falling in the afters, probably honestly falling with docusign sympathy, redfin, no real reversal there on redfin so and then a firm etsy. These guys nominal where's hood in hood 2420 uh. Oh nice, nice volume that came in there at the end, that's probably a kathy - would buy right there, which i think that's going to be a very smart, buy, not that you necessarily have to huddle the thing forever, but anyway, uh yeah. Why am i so skeptical of ggpi? I don't care that they deliver 29 000 cars.

I i think nobody cares about the car. It's not it's not like a sexy enthusia like a car that evokes enthusiasm uh. So i i don't. I don't know that that really matters so uh, i'm just anti.

I tell that one, okay, good. I think we did well. Thank you so much for being here folks, i will see you in the next one thanks again and yeah goodbye.