Hey everyone welcome back to another market, open, live stream, so a lot of folks uh seem to be wondering if santa's just gon na be uh late this year and that we're gon na get like maybe a uh a january santa and the reason for that is Uh there's a lot of excitement. That january will just be the month where uh, where everything's good everything will be fine in january, is the belief, uh, and one of the reasons for that is we we do keep getting optimistic data about the economy uh, even though we do have this fear that Consumer spending has weakened quote noticeably in recent weeks, uh at least according to jpm and we're seeing gdp data. You know kind of start getting uh revised down slightly uh. We uh, we are uh, you know still seeing a relatively strong economy uh and when we look at jobless claims just as an example of that uh we uh.

We see that uh we've got uh, you know, weekly jobless claims coming in lower than expected, uh and uh, basically at a low uh for the year uh we have uh, let's see here. Where is uh there, we go. Okay, all right! I get the star thing open: oh perfect, uh, okay and uh. On top of that, most people believe that uh, the united states growth is just gon na, be the one place of the world that uh that we are going to see a wonderful uh and strong economy for 2022 compared to uh.

Certainly the madness that we're seeing in europe and uh and uh the evergrand overhang along with the real estate sector, overhang that we're seeing in the uh in the asia pacific region, so it'll be really interesting. Uh. I i'm very optimistic, but we still have a crazy uh mixed market. Nonetheless, even though we've got green indices again uh, you still have uh stocks and uh stocks that are relatively diverge, so uh, dow futures right now at 0.13 s p futures up 0.12 nasdaq.

0.08. We go on over to bonds, uh we're a little higher than usual right now, uh. Just over the last couple days, we bumped a little bit from about that 1.45 to uh, now, just over 1.52, a little little measure here of of some folks potential inflation expectations on that tenure. Uh.

If you haven't watched my interview yet with ross gerber, yet recommend that you watch it some great insights on some of ross's thoughts on the economy going into 2022, you can see that uh on my channel uh all right so uh yeah. Let's take a peek at some of the diversions in the stocks. Let's see what's going on as uh today so didi, you know not not a surprise. The dd is still getting burned on these de-listing fears, uh, but uh, yeah and and uh.

You know all the drama over employee lock-ups and that but uh we've kind of mostly stopped covering uh chinese stocks personally, and i feel bad for that because i really like companies like neo, but it's just been a lot harder to uh, to understand exactly. What's going on in china uh, we do know that in the united states we have a tesla recall, that's helping tesla fall almost two percent today, i think there's somewhere around 500 cars at 500 000 cars. Let me correct that, so let me uh, let's just quickly, do a little quick google on tesla and uh grab the uh grab the tesla. Here it is yeah behrens.

Has it as well? Okay, so tesla has recalled hundreds of thousands of model 3 model s cars over trunk issues with some model 3s at risk of malfunctioning, rear view of a malfunctioning, rear-view camera caused by damage from opening and closing the trunk uh. So maybe like a little bit of a loosening or or something there see here, uh camera uh, harness uh, cable, the cable harness damages. If you open and close the trunk. So that's a bummer, but anyway um doesn't seem like that.

Big of a deal also seems a little odd that they're suggesting that both of the issues uh here about the uh model - 3, cable, harness and oh the front trunk assembly here, having a misalignment under the hood just and being able to obstruct a driver's vision. In some cases, oh by opening the hood unexpectedly that's interesting uh i could. I can imagine your hood flying open, not being so ideal, but this cable harness for the camera on the model. 3.

I think it's interesting that both of them increase the risk of a crash according to uh the good old mainstream media here. So i i don't know about that. The camera my trunk camera uh increasing the risk of the crash, but okay uh it and yeah. I mean your hood flying opens not that great, but anyway, uh solvable car manufacturers go through.

This creates a little buying opportunity for you anyway, uh down about 1.95 right now, we've got uh, kevin's blurry says someone. I don't know i don't know what to do about that. Um. Let's see here, uh it's getting worse, every minute, uh! You know i uh.

I don't know what to say. Let's see here, um yeah it is, it is actually a little slow right now uh. Well, i guess you'll just have to listen, so the others. I don't think there's anything that i'll be able to do to try to fix that live right now.

If i see quickly, no, no, that's a bummer. I don't know for some reason. My for some reason. I have two internets and for some reason my uh, my ethernet is down it's just the broadband connections not showing up, which is really annoying uh.

I don't know like it rains in california and everything falls apart and uh yeah uh. So we are we're we're on a different network. We're we're blame spectra if you're mad about the blur blame spectrum, lame spectrum about any blur otherwise shut up there. You go all right, so uh, let's see here, hmm uh, it is okay.

I i do want to talk a little crypto because uh it it seems like we're. We went back to about 46 five that mid point. We did drop a little bit below 46 again uh last last evening, and it's really incredible how much we are uh continuing to hit these supports so uh. Today's obviously the 30th we've got the 29th right here.

Look at this drop. We have these brief little pushes down to 45.9, but mostly sitting around that mid 46 level in the afternoon and evening hours pulling back to that. 46. 8.

46. 7 support back over 47. Now this has been a pretty consistent spot that we continue to to channel around uh with with false, starts and and occasional runs over uh, quite quite annoying uh for a lot of uh, crypto enthusiasts, but unfortunately, sometimes the way things work a little bit of the Sideways trading remember uh, it is believed - and you should check with your cpa on this, but it's believed that you could sell and tax loss harvest your crypto and then just rebuy it and uh, and not have to pay taxes uh or or rather take potentially a Tax uh, a tax loss and therefore being able to pay less taxes. Now there might be limitations on how much loss you could take.

You know, is it going to be a uh? You know a 3 000 limit. Can you offset it against other gains? You know these. These are all great questions for you and your cpa, but uh thanks to things to evaluate and consider all right. So let me see here so that's btc, quick peek here at eth, yes same same environment here for eve notice as well.

Yesterday i was looking at uh crypto punks uh, down down a good chunk in their entry prices. You know we were at uh somewhere between four to five hundred thousand dollars uh to get into crypto punks back in. I want to say, august to august, to september we were around a pretty high level here now your floor price for getting into some of these is closer to 248, 250, 000, now btc, sorry ethereum's, potentially down uh. What 15, from from some of those levels that we saw uh in uh in in later in october, but we weren't high that long.

In fact, if we take a peek at august and september, we're actually more expensive in terms of ethereum now than we were in august uh september and early october and uh and yet crypto punks floor price is still substantially lower than it would what it was still Somewhere between 35 to 50 percent lower, so given that eath is more expensive and we've seen that uh is a little a little surprising but uh. Let's go ahead and get the bell see what we got over here and we'll see how the open goes. Obviously, really strong group um, you know you wouldn't be surprised if it, you know, found an excuse to come in a little bit, but for now and across the market, this is the case. People are deciding not to completely reposition or revise their their overall outlooks.

For next year, based on, what's going on today, whether it's these you know localized shutdowns restrictions or the case surges at the moment, yeah we're looking at the opening bells now mike you'll stay with us, but i want to show you this. Opening bell is the cnbc real time exchange down at the big board, education, non-profit? What i think they missed the bell. They literally missed the bell, could you imagine being the guy who is up there uh, you know at the the nyse like you know, seeing the bell ring and everything and then, like that's the one day, some dudes blabbing and they just totally forget to show the Bell ring i'd want a refund like i i'd want. I'd want to take two.

I know cnbc is not. You know, they're different, obviously from uh the exchanges, but still like what a burn i mean yeah. I think i i heard you had one job. Oh, my gosh, that's funny: uh, okay, well, uh we're getting a little bit of a green candle here on uh the s p.

Let's take a look at tesla, no tesla's, not yeah. You know tesla's still down two percent. It's not necessarily loving that recall. Uh you're! Continuing to get some red here on uh hold on what is this here? Um? Oh wow, i can't believe wave 191 right now for wayfair she whiz, but anyway uh.

Let's take a look at some some movers here, so uh, owlette, ocugen, mind medicine, voyager digital. These folks moving down tesla trying to recover a little bit right now, 172., we'll see how that recall, news gets digested. I imagine there'll be a lot of by the dipping, although it's not that much of a dip. We have uh.

You know zillow roblox, google, yeah somewhere all down between uh, a third and uh a quarter of a percent uh. What's really moving here. Right now is naked uh, gtech holdings, some smaller momentum, movers and a sofa up three percent, so i'll go ahead and pull up some back end news we'll see what's going on with sofi, interestingly pinterest also moving up, i'm gon na pull up the market caps. Here, let's just sort by market caps.

Still, if you sort by market cap, you are probably 85 percent green right now on big cap stocks, uh, i i mean here on the first page, we got one two, three, four five red out of what maybe 15 or so here, five yeah 15 to 18.. If i go to about the next set, you got maybe three reds go to the next set. You got maybe another yeah two reds over here and again sorting by market cap. It's mostly the big caps that are green and if i sort now by small caps here, we go uh we're actually relatively green as well.

You know maybe five to six reds. I think it's just overall, maybe more of a green day today, uh yeah i'd say actually most of the market relatively green. Today, there's i don't see a divergence between the smalls and the bigs today uh it looks like the smalls and the bigs are performing at roughly the same expectation, uh. Okay, let's see so far quickly and yeah.

You know one of the things that's very interesting is a lot of folks, i think, are on kind of on standby for wow small caps sold off so much. There has to be some more tax loss harvesting. That comes. You know within the next two days today and tomorrow, tomorrow's already new year's eve, which is crazy and the stock market's open.

I'm not sure i think it's a half day, i'm not sure it might not be um. I should look stock market new year's eve. Let's see, oh look, here's an msm, i said: mainstream media msn, article uh, okay, yeah bond market; no bond market closes early, but no, you have a full trading session on new year's eve tomorrow, oh okay, cool and then 2022 yeah and then the first closure of 2022 is mlk day, so doesn't look like anybody's actually getting a day off for uh for new year's uh in the stock market, it's kind of like hey. You know y'all had christmas eve off because we observed christmas that day, but uh don't expect another holiday all right, let's see what's going on with so far and see, are we gon na finally see a fintech revolution here? Nasdaq writes a report that uh sofie's oversold, but otherwise no no uh, no particular news here on sofi, just just green by about four percent, so you are getting a little bit of a move.

Sometimes folks look - and this is something to look at. We have had this uh if i could click on the right stock. We have had this sort of starting uh where we run over uh the support line multiple times uh, i mean a lot of times and uh. It's it's really quite exciting.

When it's green and frustrating when it's red, but let's look at the day chart here and and just look at how many times we've been bobbing around this year, i mean we uh uh. This is august. Here was obviously our uh end of october early november, but just here look at what december has felt like so december started right here december 3rd, and we have literally been riding that 1470 line. It has just been pure pain, riding that 1470 line, uh and and any kind of green has just been false, start false start.

False start, it's been nuts, you know and we're just we're just waiting for for the day we can actually go back to like. Can we get back to 1780? Well, it's it's kooky uh! Let's look! Uh! Let's see a firm three percent kind of affirmed. The same thing still has that overhang of the consumer financial protection bureau - oh my gosh, robin hood - is up three percent. What is happening in the hood? Well, robin hood up three percent.

Oh now, it's under three percent. Oh wait! Um! It's popping around okay, i'll! Just maybe i'll just leave that one alone and - and i won't - i won't talk about it. Okay, it just it wants. You know what max always tells me, sometimes max whether he's eating cereal or he's just sitting on the couch i'll, look at him and i'll just stare at him just to bother him and then uh dad.

I want some privacy and he's three. It's like okay. Okay, just walk away, so maybe that's just what what it needs anyway, uh tesla's, probably the biggest loser at the moment other than owlette on the day, because almost everything else is green here. So clearly, you've got a recall overhang here and really remember.

Tesla does have a sensitive valuation, because the expectation is that the margin uh, the the uh profit margin for tesla - is going to continue to grow. But you know you do a 500k recall. I mean let's, let's try to quantify this, so you do a 500k recall. 400 000 cars - maybe maybe even 300 000 cars - are actually going to come in, like not everybody's, going to come in they'll all get fixed at some point.

But but let's just run it, you know. Let's just assume everybody gets fixed, okay, so 500, 000 and uh. I don't know what what's it gon na cost, uh uh for the s we're talking about uh, you know a latch change and for the uh cable harness i mean we're talking about, i would say an a less than an hour for a mechanic and and on Average an hour of labor uh, so you know 30 bucks uh, maybe call it even 40 bucks for giggles and what maybe a 20 30 part. So i don't know call it a hundred dollars just to be ridiculous.

We're talking about 50 million dollars uh! Now 50 million dollars is, is you know, quite quite a decent amount, because if you divide this by a 50 000 in about gross revenue per car, you're talking about a thousand cars. So now, when you consider that tesla's, probably gon na you know, deliver somewhere over, i don't know 250k cars or something i don't. I should look up what the test expectations are for deliveries, but anyway, let's say they deliver 250k cars. Uh in the quarter you know is: is it really? Is it going to make it that big of a difference if it's 249 000 versus 250 000? Because really i mean having a 500k recall at 100 bucks, a car uh, you know if it is 100 bucks a car.

Hopefully it is then uh, then that gives you a little bit of conversion. Math, like it's a thousand really going to make a difference. Uh! So uh anyway, i i like to look at it that way. So, if you're, like oh my gosh, tesla's down two and a half percent - oh my gosh uh recall like this seems like it could be the smallest possible kind of recall.

You know it's another thing: if it's like, oh my gosh, we got to recall the engine. Imagine that i imagine the engines are probably somewhere around three four grand a piece and and then they're like a disaster to install um. Well, no so karaoke remember we're talking cost right, we're not talking what the dealer labor is going to charge you uh for for service, uh, 70. 75 to 100.

My expectation is that's that's! Maybe what what a a dealer might bill right like a dealer, might even build toyota, but remember that tesla doesn't have dealers. This is all it's all one company, so uh! I i don't expect that this is going to be such a senior repair that you need. Your your most expensive mechanics working on something like this. I could be wrong.

You know maybe i'm understating, but if i took an average of a 40 labor cost break even for for tesla throughout the united states. I think that's reasonable. You know - maybe maybe it's 55 in california and it's it's 30 somewhere else. I don't know i'm i'm guessing, but the point is maybe it's: it's 2 000 cars or maybe whatever right worth of deliveries.

Let's see if we can get delivery expectations. Let me kind of pull up uh tests like expectations, uh but yeah. That's! Your loser today is tesla on recall news. So, let's see, if i go to, i think it's s.

Okay, here we go. Oh, the coffee's, the perfect temperature, all right. So next announcement for tesla is january 27th. However, and of course we'll have uh delivery expectations before that, let's see deliveries, no, they don't actually make it.

I mean i can't get eps projections and all this crap, but oh here, total deliveries. Okay, all right here we go okay. Now i just need to do quarter. I don't know why they make this so complicated.

It's okay, one! Second, i can do this. I can do this there. You go okay, so delivery expectations for q4 are. I was close.

Uh 265 000 for delivery expectations, s's and x's expected to be at twelve thousand seven hundred and threes and y's expected to be at 220, which is interesting, that's actually a sequential decline. Why? Why are they expecting the s, the the three and y to decline? Because you're at 232, 000 deliveries in q3, so i don't know why wall street is expecting them to go down to 220.. That's odd, yeah, all right, whatever all right, so we did talk a little crypto jacob. What's up man uh yeah, mostly the uh uh, you know how much we've really been respecting the lines.

Let's jump over to it. Uh i mean look at the one minute chart uh like uh as, as i start talking about it, you got ta, you get the perfect fall again to that uh uh, 47, 172 ish line but uh yeah. So folks, look i i don't know if i, if we could make it any more easy uh problem for me, is i'm mostly out of money uh i i do have. I've got four million dollars of margin left, but that i could spend and - and i think that would put me at if i spent that that would put me at like 33 - i'm not i'm not going to go that deep uh, although i do have a little Cash to offset that, but i keep blowing my money.

It's pretty bad, but um yeah anyway. If, if we were to just like try to to to stupid proof, uh with without guarantees where to buy, you know if i just take the screenshot and uh draw a little box? Okay, basically, if you're trying to figure out when to buy bitcoin, it's right in this little red box, which is essentially when we're under uh the 46 7 line so just like. If we were to just extend this anytime, you see the candles in there. Oh i'll hide myself here anytime, the candle's down there just go by because every time we get a breakout it, it has tended to be a false breakout.

It's been very annoying uh, but uh yeah, michael saylor bought more and that's your sell signal. Yeah, look michael saleh. No, you can't say anything bad about the guy because he took a company that nobody cared about and made it the icon of bitcoin, uh, so uh and really crypto and crypto adoption and and mainstream. You know corporate crypto adoption in smaller cases, but uh latin american crypto says go all in on jpegs loosely associated with serial numbers.

You know it's actually. There was this tweet that i thought really well characterized nfts a little bit. There were a lot of people who were mad about it uh, but then again you know people go crazy on twitter, it's twitter can be very toxic but uh. Where was it oh yeah here so? Okay, here we go is in this.

Okay, so here was uh. Nfts, visualized and and they're like see, here's a jpeg, but here's a verified jpeg. So it's an nft uh is the the argument that they're making here. But this isn't the tweet that i liked the tweet that i liked was actually somebody who said fixed it, and i thought it was kind of funny because, like your verification, isn't actually on the jpeg, like you don't know, if somebody just like right click saved it Right, your verification is actually on the blockchain, so therefore somewhat detached from the actual nft.

So i saw that and i'm like yup brilliant because, like let's be real, we who checks the blockchain they i mean. I do, and i know a lot of crypto enthusiasts do, but it's not that user friendly. You know it's, it's not that uncomplicated. Following some of these, these transactions and the mints and transfers, and whether there was a value for that transfer or not, it's a pain.

A butt uh it's doable, but but it's it takes effort. You know that. That's why they're analytic companies, obviously to make these things easier, but yeah whatever so all right? What do we got? How's ada doing today. Normies definitely aren't checking blockchain uh.

Do you know if saylor has michael so michael saylor issues um? What's it called uh bonds at his companies on the stock market, they'll issue, convertible bonds, which is essentially borrowing and he'll, use that to buy btc? I don't know if they use margin. I hope they don't uh for for a larger company, especially on crypto. You know you could have some pretty insane swings on crypto. I i won't margin crypto uh.

I try to keep my margin honestly. I try to have no margin. That's that's just my goal is no margin but everything's just been so juicy going into uh 2022. Here that i did say, i'd go all in before 2022 and and i did uh i did uh yeah so anyway, yeah so far a little little measly little run over here it does look like some of the financials are moving a little bit.

Okay: let's go explore a little bit more of the headlines, so uh, okay, good, so unexpected decline. Last week and jobless claims yay, uh, okay, space stocks need an elon musk booster to win over investors. Yeah it's gon na. I don't know it's gon na be a while to see some big attendees coming out of the space field.

I think i don't know a lot of folks getting into space stocks at any valuation possible, and i think we've clearly seen that valuations can be very volatile per chicago. Purchaser's index comes in at 63.1 percent uh or a reading of 63.1 versus 61.8. The estimate was 62., so that's a little bit of a beat there on uh. On that a good little good signal for the econ okay.

So baron says it was 500 000 cars. Bloomberg says it was 475 000 for tesla, whatever based on the math. We did. It's it's really a big, nothing burger but um whatever uh all right.

Let's see: um, okay, let's let's hop on over here to wall street journal, and then i did think we. I think we finally crossed over half a million cases on uh yeah. This is still low, i'm pretty sure yeah. Here it is yeah.

So the interesting thing is about uh. The case counts is with so many people taking at-home tests. There are a lot of people who are not being recorded as uh as as sick, because you know you take your at home and you're. Like i don't know, okay, i got the army, you know uh, but anyway, let's take a peek over here caseload, literally it's gon na be yeah.

Look at that. We topped 488 000 on wednesday. We know it's way more than this, like, let's be real, like my guess, is we're and not just guests, i mean from research we're seeing maybe one in 10 people are actually getting uh uh counted here. So it's it's just a mess and a disaster.

Someone says ccl's running is that is that true see the more cases we have? The more ccl seems to go up, which i think is is very interesting. Uh carmel over 21. Again, oh good for it. Okay, good uh, oh matterport, went green this morning.

Good. Are we is it? Is it time yet for the small cap river? Oh neo, look at oh look at neo learning to walk getting back to 30.. I'm happy! Look. I want neo to win so badly uh and you know i think, they're great, but i again they're.

I have a lot of concerns about the chinese market, mostly because i don't understand what the heck they do over there. Like, i feel like i got. I got biden and jerome down, i feel like i, i understand the mo of each side, inflation's still transitory for powell and uh biden. Just he just wants the bbb man.

He just wants to build back better okay uh, which is probably not gon na happen, but anyway uh. Oh, here's, the the speaking of of uh, the our government rapid test shortage tied to slow federal action. It's like how how you know i do want to know. How are we two years basically into this pandemic now and - and we still don't, have enough tests, you know it.

I i don't understand, i really don't get it. It just blows my mind like we knew winter was coming right. I mean that's what we learned in game of thrones. You circle the wagons, because winter is coming, the calendar didn't change.

It's dumb, oh, whatever desktop sales rebound as pandemic evolve. Uh work evolved. Hmm, that's cool, so supply chain crunches, like a traffic jam hydrogen stocks - oh yeah! We just need to look at nikola to learn about hydrogen stocks, all right, let's go somewhere else. Let's go to the ft.

Yeah maxwell found guilty uh. Why? Why are these two people? Together over here, this is just trends and people to watch. No, no, no, no, they got one person right on there. All right, uh, let's see world health organization warns of a tsunami of cases, is this.

It is this really like the financial news that we have today is is just oh, no, a tsunami cases and oh there's, a tesla recall that might cost the equivalent of 50. You know a thousand cars a profit. Oh this. This see this seems more interesting.

What real-time indicators suggest about omicron's economic impact? Stop making fun of me about the internet? I can't it's. It broke, i'm happy to be here anyway, uh. What is the economic impact of omicron? The latest variant of covet has let rip uh blah blah blah. Okay, let's see here uh the mobility index.

Let's take a look at it: a mobility index using real-time data data data data from google and constructed by the economist includes visits to workplaces, retail and recreation sites and transport hubs. This measure - oh listen to this folks. This measure has been stable in america, albeit at lower levels uh prior for prior to the pandemic, and has fallen a little bit in britain and germany in recent days. But underlying those headline figures are actually bigger.

Differences depending on the kind of activity return to office seems to have stalled all right. Let me log into this. Every day you got ta log in i don't know what you know. I've just decided not to look at robin hood stock because i want to give it privacy, and i think that if i just because i see your comments, i think if i just ignore robin hood stock for about a month uh, my call option will either be Completely worthless or i'll, be the proud owner of more robin hood shares, i'm not sure, probably a combination of both given that i have strikes at ten dollars and twenty four dollars so probably a little of both but anyway uh.

Let's see here uh, what is the oh. My my sold put from yesterday should be good, though i literally bought the minute of the bottom uh with that with that option, but whatever what is the economic impact? Okay, so yeah? We already read that part ken all right here we go underlying those headline. Figures are actually bigger differences depending on the kind of activity. The return to the office seems to have stalled in america and germany.

Journeys to the workplace fell about 25 in america. Wow 25 declined to the workplace in america, wow in britain, where the government has issued guidance to work from home they're 30 lower by contrast, retail and recreational activity has continued to recover in all three countries. So that's really interesting. So you've got jp morgan, flooding that uh spending has inflicted down, but it actually seems like we're still going out.

So all right, yeah, that's wild, okay. So here's some charts, oh yay, say the same thing we just read in america and britain. There were 12 to 15 percent fewer diners in the week from december 20th to the same period in 19.. Uh.

I think the mobility data is like a really cool but b, also really scary, because you, you know they could just track the crap out of you. They're, like oh, but but it's not identified, look as long as they know where you live. They can just follow your dot around. It's it's so bizarre, uh, oh! Well! What the government don't want you to know.

These indicators only give a limited view, but analysts at moody's have revised down their growth estimates in early 2022, partly because of reduced travel on spending uh. We expect the pain in britain to be concentrated to hospitality, entertainment and travel, while other sectors do remain unaffected. Okay, um all right, you know some people, don't like the economist. I actually really like them anyway.

Let's see here, okay, what prediction markets suggest will happen in 2022.. Oh look at this, so these are the this is based on the betting markets and i'm assuming they're. Just looking at like predicted.org and some of these other things, yeah metaculous predicted and smarkets and betfair can offer a theoretically better guide to the future. Okay, let's, let's take a quick peek at this 82 percent likelihood, the republicans win control house.

I completely agree that is extremely likely to happen. Uh box office revenues fall short of 2019 level, uh ev sales, top 600 000 vehicles up from 330 in the uh in 2019.. Let's see more than two and a half million people die from covet 19 in 2022. That's only at a 53 chance, i hope that's low, uh lower 43 chance.

Russia invades the ukraine 46 chance. Boris johnson gets the boot. Oh man office party in my backyard. Oh my gosh, oh man, you'd, have to be paying attention to know that reference nah, but anyway uh not not it's not a big deal.

It's not worth even talking about anyway, uh 10, chance of a conflict of military between china and taiwan. Uh pacquiao hooks a new gig as president of the philippines 9 chance. What i did not even know that was a consideration. Uh tom brady wins his eighth super bowl in tampa twelve percent chance.

Okay, isn't the super bowl at the sofa stadium this year? Uh? Let me see that love you for saying that. Well, thanks, i wasn't sure anybody was gon na go but uh, okay, so five super bowl. I think it is yeah sofi stadium to hold the super bowl. Oh and the first news article right now is: will the horrendous traffic situation at the sofa super bowl ruin the super bowl tom brady a 90 chance come on man, you're, probably right, depending on depending on the air level, in the football all right, whatever so uh Tesla recovering uh actually decently here decent recovery, uh 1.21 percent - here, let's see here the chart here - yeah yeah, nice recovery there on tesla - i mean again we did the math on this recall, it's a total, nothing burger uh, in my opinion, okay, so in terms of Losers even owlette is uh.

Oh that's a good one. The most accurate prediction for 2022 kevin's courses increase in price get in now. Before that happens, that's so funny uh, it's also true uh there. I i didn't.

I forgot to put it in the description, but we were going to do like a little uh like a like a 48-hour little new year's sale. So you could use uh coupon code new years before the price goes up, which is true, uh the biggest thing to keep in mind like if you're on the fence. The biggest thing to keep in mind is there is a new course, the the wealth builder course and uh. That course, basically doubles uh towards the end of january, because once it comes out uh that that the course price on that one's basically going to double the the other ones, go up more modestly, much more modestly uh, but they do go up.

Uh coupon code uh new years, okay anyway, at least i'll - have the description updated. I should have done that earlier, but i think those of you that are here in the live streams you either gon na join the courses or you're not you're. Here with me every day, i love you all all right, let's see what else we have here, uh shout out to streamyard by the way for helping me stream this and able to put your comments up and multi-stream just go to uh met kevin.com streamyard to learn More okay, so tesla's now uh recovered to where it's down less than one percent, which makes sense uh. You know classic fud from from uh broader markets.

Wow look at some of the moves we're getting here and the smalls though oh my goodness, the smalls are having a little bit of an earlier u-turn than expected, neo back over 30.. So far, uh 6.6 up. You know it's funny. Yesterday, uh in the uh, you were my christmas present for this year.

Best gift i got. Are you serious? That's amazing! Oh i really like that's so cool. You just say that it also feels really weird to think that uh, but but that's awesome, um. No! It's really cool so um, i'm honored, uh, okay.

What does it say? Oh yesterday, in the uh course member live stream. We we spent some time uh working out, uh, weekly, sell calls and the profitability of weekly sell calls not not actually terrible. I mean weekly sell calls on a portion of your portfolio, very beautiful if you have the patience for doing it, uh, but uh. The the conclusion i ran yesterday was that it, it doesn't make sense to do, sell calls on things that are near bottoms.

It makes more sense to do sell calls on things that are closer to tops and we got a lot of things that are more near bottom uh, with the exception of like apple and google, but you're making like no money on those uh. So very interesting to see that the very next day you know so far is now up seven percent. You know it's, and - and this is where what what's so confusing uh uh? Can i love it? I have your full catalog of courses and love it. The latest wealth building one has yet to come out.

That's right! It's coming up on my birthday. It's a little confusing uh dina dino. I don't. I don't know where you've asked a question, but i want to.

I always want to respect your question. Uh. It comes out by my birthday, which is jan 28., so uh that way. That's why it's half off beforehand, because it's kind of like you're pre-buying it before there's any content on the wealthbuilder one uh.

I should be clear, but i'm sorry if it wasn't, but anyway uh okay, so here's something to know - and - and this is i'll tell you - this is probably the most frustrating thing in the stock market. Okay, the most frustrating thing in the stock market is the following. We know that when small caps rotate up we're, probably going to see the market, do this uh 10 10 10 movement kind of thing, where it's just literally going to be like right and it's going to happen so fast. So it's like okay cool! We want.

We want to make that 30 or 40 or 50 or the double right, but the problem is how much further are they going to fall right? We got a lot of stocks near their floors and - and i think those floors are really good entry prices. I'll i'll read them off one more time, really quick. I've gotten really good at reading off those floors, but the the other issue that we've had is every time we start running off the floor. At least this has been the case for the last month.

We end up selling back down uh, and so it's extremely frustrating - and i think you kind of just have to be okay with maybe buying some of these at the floors and just fingers crossed uh. Because of this, i do personally not financial advice recommend to myself, because i can't give you advice. Uh shares folks shares like shares over options or sold, puts sold, puts or or shares uh much much better, but sold puts have limited upside compared to the shares. Uh and uh and and the downside risk is like unlimited for for uh, especially out of the money call options uh that you bought, but anyway lemonade, 40, docusign, 140, so 514 beyond meat, 62 to 65 cloud, flare, 129, uh end phase 180, hood 18, matterport, 21.

22 ccl we're way past that now 18-ish paypal, 180, a firm 92 toast 30 rg, 58 draftkings, 26 zoom 175.. So those are some of the the floors that we've seen, but we just keep going back and that's why sometimes these green days are nice, but they don't seem to last uh what we keep talking about. Um convictionless rallies right, jake says my phone isn't letting you super chat. Excuse me, i think, that's just a problem where apple wants to take the 30 percent and google doesn't want to give it to them, so you might have to try to do it from a desktop rather than from an apple device.

It's just the classic apple google rivalry. Anyway, all right so uh tesla about one percent down uh. We got. We had good news on the unemployment numbers we talked to.

Crypto uh seems like we are getting an overall strong green day and a lot of things here and uh actually pretty much. Everything up here is small, with the exception of neo and alibaba, both of these having phenomenal moves here. Six percent up with the exception of these two most of the stocks here, are under 15 billion dollars and so you're having a little bit of a small cap reversal. Where's lemonade, lemonade, lemonade, lemonade, yeah lemonade, coming back to 42 right here, uh, oh, look shift.

Technology is up five percent - i'm not going to mention this one because it wants its privacy, so the one stock that you're thinking i should mention, i'm not mentioning on purpose uh, a firm five percent - that's pretty cool how's uh tattoo chef should be part of the Group lemonade shift tattoo yeah three percent lucid's, even up three percent matterport, three percent carnival good good, good good. All right uh. I am gon na buy a new stock, probably uh i'll i'll share some details on that, but uh i'll send an alert for that. After this live stream, let's quickly see what's going on on the indices, i meant to buy it yesterday, but i forgot uh but anyway, uh dow jones up 0.24 s p at 0.16, nasdaq, 0.06, and what else here do a quick little check on bonds, bonsai, 1.54.

Okay, a little up there, jetblue cuts hundreds of flights expecting more omicron sickles yeah jetblue's, been at like 10 cancellation. Oh keep in mind uh. I am still uh reviewing a ton of applications uh that we got yesterday after the ross gerber interview. So, thank you for those i've been i've replied to a bunch of you already uh, but uh we're we're looking for still looking for the biggest thing that we really need.

Right now are full stack developers, but you have to be willing to relocate. So if you're willing to relocate - and you want to be part of a startup uh, you know - salary, plus equity kind of thing - send an email to uh, kevin, meetkevin.com uh and if you've already sent one uh more than a day ago, you you're welcome to bump It, but if you sent it yesterday, i have it uh, okay anyway, so yeah rich benefit on democrats retreat. What rich, what? What is this hold on? A second here democrats seem to have nixed the idea of taxing returns on unsold stocks or other assets. Oh well.

Thank goodness the unrealized capital gains tax, yeah uh yeah, you see, michael, you get to relocate to ventura. How cool is that you get to relocate to the best weather in the country that that is a feature like there should be a pay discount to move there. Won't be, but anyway, uh, okay, a tesla one percent, all right, so things are relatively stable, there's barely red folks. This is nice.

Uh we've got a page and and a quarter of red uh, which is really really cool. Uh. Imagine unrealized cap gains on on housing. Oh, my gosh yeah i'd be ridiculous, ah drew thanks for saying that drew shouting out.

I've been noticing how many members are popping up in discord. Member channels invest in your cell phones. You know it was really funny if you folks want to see like a really funny and entertaining chat. If your course members go to the crypto channel uh during my hex interview, the memes were priceless: okay, solid, double you all solid, double anyway um, oh man, okay! Well, uh, look i'm happy.

We got green today, i hope it lasts. There was a lot of expectation that the next two days were going to be really really nasty, because people would just continue to tax loss harvest. I hope we're done. I hope we're done.

Would it be okay, if i pitched you an etsy store, i mean ultimately, people do whatever they want, but i don't know what good it's going to do you. You know what what would be better is. If you pitched your etsy store right now, you just paid fifty dollars uh. Can i move to ventura just to be your friend? Well, we got.

We got work to do uh, no, no free trial williams. Sadly i know but tax write-off, hey, look folks! You want a tax write-off, buy the course use code. New year's expires new year's day, we're doing like a little 48 hour sale and uh and get yourself a tax deduction for for 2020 uh 2021. uh check with your cpa.

I'm not a tax advisor anyway. All right, uh uh, unless dino pitches, his etsy, store, which i don't think your link's gon na work, you're just gon na - have to put a uh your name of it. I'm i'm gon na go uh. I will look one more time, though, here because i want to look at the sticks quickly here to uh to look at lemonade and some of these others, because i want to see the look at this insanity.

Look at this bounce. We are getting a big, a movement here, uh in in these smalls uh neo sofi uh yeah. Look at that this is this is very nice good good, good moves. Smalls are finally moving shift technology.

Six percent will it last uh expi and five percent on expi nice uh. That's that's really cool. I mean merch uh. All right.

I don't know where dino is, but anyway, oh dino's, probably not a member, probably kicking himself right now, uh here i'll i'll turn. Just just because i feel bad like i want to know what your etsy store is now hold on. Let's turn off the member chat. I don't know why.

Why we're making such a big deal out of this there we go all right, spy's gon na crash. I don't know folks uh, you know i'm very tentative and hesitant to go in and more margin i'm about to, because i'm about to buy something that i've been wanting to buy for a little bit and i've been a little too lazy to actually do it. But uh, oh my gosh. How am i ever supposed to he said? That's did i say etsy course.

No, i don't have an etsy course. That's it gee whiz! Let's go dino everybody's waiting for dino. I don't know where dino went it's like he dropped 50 and left there's no way. I'm even gon na be able to see it right now, whatever oh my gosh, gee whiz, all right, whatever cool well we'll enjoy the green uh, hopefully you're, oh tesla's tesla's, trying to go back to green.

It's not bad! All right, i got ta go! I'm gon na go do work now. Oh my gosh! These are some. These are some crazy comments. Oh there i did it, he did it.

He did it faded gardenias on etsy. Can we put it up? I can't put it. I can't. I can't find it.

I want to get it up, but i can't get it up. Oh there we go. I got it up. Faded gardenias on etsy yay, go check out.

The etsy store faded gardenias on etsy. It better be good. I probably don't have to write the word on, but i did it anyway. Um there you go.

Oh you got lots of reviews holy smokes. Oh my gosh, you got a 62 000 sales. Can i invest in this business? My goodness, this better, be yours holy smokes. This is cute.

Wow pregnancy reveal personalized bride gifts, pregnant, that's crazy, wow! You got y'all got a big old set of stuff wedding, decor parent gifts. Bride is baptism invitations, my goodness wow. All right. I got ta go thanks.

Y'All we'll see you bye.