00:00 Intro
00:20 German gas giant "Uniper" says the worst is still to come
02:41 Tesla can surge 30% on Inflation Reduction Act
04:06 Volkswagen Confirms Porsche IPO
05:17 Warren Buffett sell more BYD shares
06:31 Bankruptcy filings jump in August
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DISCLAIMER: All of Tom's strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
00:20 German gas giant "Uniper" says the worst is still to come
02:41 Tesla can surge 30% on Inflation Reduction Act
04:06 Volkswagen Confirms Porsche IPO
05:17 Warren Buffett sell more BYD shares
06:31 Bankruptcy filings jump in August
To join my discord community, weekly zoom calls and weekly hangouts for $5 per month, sign up here: https://www.patreon.com/user?u=13016082
*Disclosure: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission.
Improve your investment strategy by getting access to institutional-grade research tools and data from TipRanks. Get a 10% discount for TipRanks by using this link below:
https://bit.ly/3BJA7KJ
If you are a creator on YouTube like me, get access to TubeBuddy, the best research and channel management tool around. I use it everyday for my own channel. Here is a 20% coupon code for the platform: "TOMSBUDDY" - use this link to sign up: https://www.tubebuddy.com/TomNashTV
Sign up for Morning Brew, the best quick news source for your morning routine: https://morningbrewdaily.com/tomnash
DISCLAIMER: All of Tom's strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
So uniper went from one extreme to another? Doesn't seem very smart.
Volatility likely throughout the next couple of weeks, I am ready to buy in on value as the market sinks..
I wish people would quit calling it the "Inflation Reduction Act" and call it by it's proper name, the "Inflation PROduction Act".
My man with the tunes!
I believe 2023 will be a much better market then 2022. You?
I have to disagree Tom re Porsche… I think they are struggling with debt and need to raise cash to more away from ICE.
Intro🔥😎
Palantir keeps dropping. Why have you bought recently at 8 usd? It is already 7, falling towards 6.
What is your current average price currently?
The party is over.
Tesla is the most American car made today. American workers, built in America ( Fremont CA ). Parts made in America. Batteries made here to. Lithium comes from overseas.
There is only one way for this market to be fixed, if I start shorting stocks, they will probably go up 🤣, @Tom which are your recommended top 10 stocks to short?
Uniper is majority-owned by Finland-based Fortum, which in turn is majority-owned by the Finnish government, so the finnish taxpayers will be paying germans gasbills. Hooray for EU.
Re: market movement- I see a Perfect Storm like nothing we've seen in decades. Mega-factors developing globally will contribute. Connect the dots….. war in Ukraine and sanctions = Russia and Ukraine going offline indefinitely (large exporters of energy, raw materials, commodities), Energy prices for EU climbing fast (no end in sight), China having economic downturn (more prone to making aggressive moves towards Taiwan, same as Russia did with Ukraine). These and other factors will cause supply chain issues, increased manufacturing costs, higher transportation costs, etc. Result? I believe inflation continues north, going mush higher than most predict = interest rates through the roof since that's the ONLY tool the CB's have to fight it. We're screwed.
E.M. is a supervillain in disguise…
Russia just showed the world they are not a reliable trading partner. They are sawing the branch they are sitting on.
Well, the market is always forward looking, therefore if the market is bad now, is because things will get bad in the real economy. But by the time next year comes around and the economy is bad, the market might be past the issue already, and be really good.
Market thumbs down your channel thumbs up
Thank you Tom… I’ve been saying what porsche is signaling for months & reiterating the last two weeks….
Their rush for an IPO I wonder if it’ll get pumped hard for them to make even more money before the continued dumpster fire
im either really high or this guy changed the title 4 times already,
You're not too creative with these titles :p 😬
Basically, we are FU**ED 🙁
It is also possible that Porsche/VW is rushing the IPO because VW needs the money really badly? VW has the highest amount of debt out of all legacy autos with over 200 millions dollars, obviously current high interest rate isn't kind to that kind of debt. My guess is they are dying with interest payments so need to raise money to ease the pain a bit. Who knew that higher interest is good for growth stocks like Tesla and bad for legacy companies like what all the smart people on wallstreet said……..oh wait.
👍
Thanks for keeping me entertained and informed everyday, buddy!
I watched because the title was honest about it being click bait! 😂 Thanks Tom. Stay honest.
I think the riots will start by January in Europe
You can't tell me it's click bait in the thumbnail….<pause>…..click.
Meet Tom Nash
maybe VW needs the cash to do catch up on electrification, maybe the markets will be friendlier in 2,3 years, but it can be also too very late. VW is already late on electrification, maybe this is their make of break moment.
Thanks for the title Tom. It actually incentivized me to click on it 👍🏾
Most of the clickbait i don’t bother. Or i just open the link to check the comments real quick lol