11 o'clock around that time, my next guest tweeted out by the dip joining me now, financial analyst and youtuber kevin pafranth and kevin. The dow had just moved to six down 600 points. Nasdaq was down 400 points. What what motivated you to put out the signal at that very moment, we did come off the loads a little bit.

Yeah, hey charles! Thank you so much, my fellow by the dip, buddy look man, this market sucks everyone's gloomy. Even the bears are in a bad mood because everybody's pointing the finger at everyone else, the chartists are freaking out, saying, there's no support left and frankly, it's gone too far. I think people are fear trading prior to the uncertainty of this wednesday cpi report, and i think this is the perfect opportunity to buy everybody's, not really trading companies here, they're trading, the fear of jay pal that he's going to paul, volcker us and it's gone too Far, you know what's ironic about that uh somewhere in the future. I don't know when uh every guest after guest after guest is going to come on and say what you just said: yeah people should have been buying that extreme fear, charlie, but very few are saying to do that right now.

So i appreciate you coming out saying that now there's one stock that everyone's watching today, those are like two or three, but one of them happens to be tesla, for a variety of reasons right bill gates, he's got this huge short they've got a feud going on The stock uh considered a cold favor amongst many and some believe this has to fail. We just heard andrew talk about that and, of course, there's a twitter drama right and it gets dicey as these tesla shares become under pressure. Are you still a tesla bull? Yeah? Absolutely and look just to your prior point, i do want to say i actually think we're, probably in the depths of the recession right now or we're pricing in the recession completely. So we're going to look back like you said in six months and go oh man.

There was that gray bar there was the recession. Oh man, why weren't we buying there totally right about tesla, of course, and there are three big reasons for tesla - that you've really got to keep in mind. First of all, growth, it's un, it's likely to grow 50 to 60 this year. Despite being probably us in a recession, this leaves tesla with a peg of like 1.45, that's half of apples.

That means you're paying twice as much for apple for growth, as you are in tesla. Shopify is at like 5.3 on a peg ratio, you're paying 3.6 as much for earnings growth at shopify. As you are at tesla. Your only other choice for companies that are heavily in debt like dave and busters, or the airlines or a company like etsy, but then you have to consider the consumer see the average consumer at tesla has a household income of 146 000.

They can get through this recession and what what do they get? They get a shorter wait time on their tesla average apple owner is an 80 000 average income or average household income walmart shoppers at 56k. These are the households that are really going to get hit. Not the tesla buyers, we still have so much excess demand and you've got inexpensive growth here. On top of that, the third reason margin growth happening on top of this growth.

It's phenomenal play, so you mentioned apple. I did also see where uh this is another stock. Everyone's saying must break down here, but this is not one you would buy on a dip right. I actually sold it at a 169.

I sold it. It's been a position that i've had for about 12 years. I'm sad to see apple go, but i do think we're going to see that hit in consumer discretionary. Obviously, everybody's already been saying that we've been saying this since kind of january, but i think apple's the last holdout.

The big concern that i had was from the last earnings call from apple, though, and i tweeted this - i tweeted, a screenshot of the earnings call. Tim cook was asked three times. So, let's talk about supply. Let's talk about demand every time he got asked about demand.

Three times he completely avoided the question and they're not giving guidance. I think they know what's coming. They know. Not only are they gon na have that four to eight billion dollar supply hit next quarter, or this second quarter here, they're also going to have a big demand hit.

So for me, too many tea leaves are saying. No thanks i'll go over to the company. That's saying: yeah, no we're in a recession and we're going to grow more than wall street's forecast, yeah everybody everybody's expecting the uh the supply chain hit. I don't know if there's a lot of folks expecting to your point, a demand hit less than a minute to go.

What else are you looking at? Are you buying anything else here? You know i'm really fascinated by advertising stocks and i have been kind of up until this morning and so kind of a dual answer here right, so i've been interested in trade desk as a pure advertising play or even google. However, this morning, after reading the uh uber email that came out we're seeing companies are starting to talk about cutting advertising. I don't like to hear that i'd rather hear that advertising is getting more spent, so i went into my youtube analytics and i'm like well dang. It my ad rates have been going down the last 28 days, so i'm like dang it charles now.

I got to do some more thinking, so maybe disney - i don't know i hope their parks crush it. I was there this weekend, so maybe i'm biased, but i'm still a little high on the uh the disneyland rides. I hear you well congratulations on that. By the way they just had a finally had a blockbuster.

It's been a while for him, hey kevin, you were fantastic appreciate it thanks a lot thanks for having me bye.