Hey everyone welcome back to another market: open live stream boy. Oh boy, markets are really uh freaking out a little bit over. All these new inflationary fears we did have unemployment claims come in uh under expectations under 280 000, which is pretty good. That's the first time i actually, i think, that's the first time.

I'm sorry jobless claims came in at 293, 000. uh, that's the firs. It is the first time they fell below 300 000. Since the pandemic began.

That's pretty good, but yeah. When i say markets are freaking out about inflation, take a look at this. Despite inflation, numbers coming in high and staying high markets freaking out and having a party kind of crazy like the market's actually doing extremely extremely well in the face of uh, this sort of inflation - and i think it's it's really. What we've been expecting that uh companies are becoming more efficient and markets are realizing, wait a minute the place to be is higher yield, potentially technology stocks, growth stocks and just stocks in general, because stocks in some sense do protect you from inflation.

Certainly more than bonds might, at least in my opinion, unless, of course you have treasury protected bonds, but even bond yields in general. Uh. Look at this. The 10-year is falling at 1.533.

I really think the market is trying to price in that. The worst is, is has now occurred or that we've reached sort of peak inflation, and now it's just a matter of us chilling here at peak inflation until we actually get uh yeah, you know peak inflation to uh disappear so uh in response again, the market is Uh freaking out i i love it. Uh markets doing very, very well uh and uh uh having a party here over uh over this uh. These expectations that inflation has potentially stabilized uh, we'll see we'll see yeah.

There was also which is kind of odd uh in oslo, a bow and arrow attack that left five people dead, so hearts go out to obviously uh families affected, but i have not heard of that one uh, i don't think ever a bow and arrow attack. That's sad uh anyway, so uh all right. Let's go ahead and get uh up and running here. Let's see what we got today, so uh we'll hop on over as usual to a weeble and we'll see what we got so uh inside we'll also look at cryptos.

Let's take a look by starting at bitcoin today, so uh have a look at these funny. Little fluctuations you get but anyway, we're sitting at 57 578 here in bitcoin did run all the way up to 58 000 at about 427. This morning, pretty incredible uh, and - and this is another one that we're seeing here - uh we're seeing crypto react, uh pretty well to uh this sort of stabling of inflation and the falling of yields you would expect if yields were falling and inflation expectations were going down. That maybe crypto would fall uh, which might still happen.

Crypto might still fall when inflation does finally go away eventually, but for the time being, crypto seems to be uh getting ready for its own little party. Here and uh. We did top 58 000 in just about an hour and a half sitting just about 700 dollars below that high ethereums also had a nice move, ethereum sitting right now at about 37 wow, 37, now, 37 39 big old spike. This morning we really spiked from about 36 41 up to that 37 range, nice gap up here really and uh.

It kind of slowly grew from uh yesterday, as we rotated up here, uh into the 36 range uh worth, noting that i did send a bunch of alerts for crypto purchases over the last few days. So hopefully, hopefully you bought because uh cryptos are obviously doing a little bit better right now, which is awesome. Let's go ahead and take a look at uh. Pre-Market we've got uh very good.

Food company pre-market seems to be a little manipulated, though, and very good food company that one bounces around all the time uh, especially since it's uh otc, usually pre-market, doesn't even show up which might explain why it just disappeared, but anyway uh. So fine. So far up almost four percent in the pre-market look at this just rally happening, especially in the fintech space, we're killing it just crushing it. I've got positions and uh so far, huge position uh in a firm uh, so firm, phenomenal companies love these companies and uh they're, just crushing it.

I love a firm more than so far, but so far it has been doing great, and this is why i mentioned uh when we hit that 1480 level. That 1480 is like this is this is it this is the bottom. You know it did end up. Slipping a little bit below our support level, but uh not for long.

It came right back, so congratulations so far, and so far investors but same thing with a firm literally just day after day after day, this stock keeps going we're now sitting over 151. Oh, was it not an oslo? Oh sorry, about that uh thanks for that correction for the bow and arrow attack, it was uh konsberg. Thank you for that and tommy. Thank you for saying that uh.

The stocks course is bomb appreciate it so uh, let's see uh we've got uh; yes, hey skills coming back a little bit, finally, giving a little bit of life with three percent. Today, matterport lemonade up a couple percent square up. One point: seven, eight docusign one, six, one: a lot of tech companies moving up end phase back to 175 on end phase; very nice etsy, one percent to the upside apple's up. Almost one percent tesla's up almost almost one percent you're sitting at 817 on tesla, it's incredible sheep sitting at about 28 66 and uh very nice gap up here on ethereum, pretty incredible wayfarer, just continuing to burn, though unfortunately, sitting at down 2.96 percent right now.

You've got robin hood really magnetic to about that forty dollars a share exiting down about a half percent uh, along with uh southwest darden, and some of your recovery stocks slightly red here southwest, really been having a heck of a time. Let's go ahead and take a peek at some of the earnings that we had this morning, like uh, morgan stanley and bank of america, both uh both doing pretty dang. Well, i do wonder how they uh are doing in the stock market and we'll look at some of the earnings here. So morgan stanley, which has been on a slight recent downtrend, is up 2.16 in the free market, morgan stanley.

Let's get the data all right. Let's see what we got here, all right, so morgan stanley reported just about an hour and a half ago. It reports so early when they do these pre-market reportings, but that's okay. Anyway, morgan stanley reports, q3 revenue, 14.8 billion dollars with a net of 3.7 they've got institutional securities revenue at seven and a half.

That's about half their revenue from institutional securities. Wealth management, pre-tax margin, 25.8 percent uh you've got let's see, return on average common equity, 14.5 wealth management, net revenue came in at 5.9 versus 6.1 expected so slightly less than expected for wealth management, but investment banking destroyed came in at 2.85 versus 2.1. So really just investing institutional trading has been killing it. Uh you've got uh, let's see here, yeah equities trading revenue at 2.88 billion.

Could you imagine running a company that does 2.88 billion dollars in trading revenue? That's nuts uh! Let's see here, morgan stanley actually looks like they had a negative research report as well on wayfarer. That could explain why wayfare is actually falling. It's an interesting link executive says they're firing on all cylinders and they have nearly 500 billion dollars in uninvested assets. See folks.

This is this is what i've been saying. I've been saying this over and over and over and over and over again that there is so much freaking money on the sidelines. Every little dip gets bought up and as soon as fear goes away, the market just rallies. The fact that morgan stanley has 500 billion dollars in uninvested assets - that's insane, they say they're firing on all cylinders, ready to make deals.

I mean these banking earnings are really really good. Uh beat expectations almost across the board. Okay, let's now go ahead and look at bank of america see how they're doing all right so bank of america compared to morgan stanley, it's crazy how 500 500 billion in uninvested assets - that's just nutty, just nutty! So bank of america, q3 eps comes in at 85 cents. That's a beat over the 71 cents expected up about 2 net interest income 11.1 billion dollars up 10 wow uh.

Let's see here, we've got global banking revenue at 5.24. Up 16 provision for credit losses was a benefit of 624 means, essentially their their losses on things like credit cards or loans were a lot lower than expected. So they're realizing this as revenue again wow just killing it bank of america zell transactions up 48 year over year, wow wells fargo also beat forecasts um. Let's see bank of america estimates a surge in merger and acquisition, advisory fees, record asset management fees, everybody's just making a crap ton of money; that's incredible! All right trading trading drove bank of america to beat across the board; wow crazy, that's just great uh! It's uh lots lots of money being made now uh.

Do we have wells fargo report as well? Let me take a peek here. Yep wells fargo reported as well lots of the bank earnings today, but this was to be expected. This is really the beginning of uh earnings season this week here so wells fargo came in with a beat net revenue of 18.83 billion versus 18.4 expected it's about .43. More than expected and they've got they reduced their credit losses substantially as well.

Net interest income came in slight, miss okay revenue b. Let's see here, wells fargo eps came in at 117 versus a 99 cent estimate. Wells fargo gets boost from higher credit card spending, people got money and they're spending it. We have.

Let's see, profit rose 59 percent from last year, boosted by that uh taking that income from those losses that they set aside, that didn't happen, uh city cfo, says expenses are up on consent or okay, okay wow. It's really good bank earnings, killing it across the board. So uh after hours today, oh well, we also have taiwan's semi. I want semiconductors that reported yeah bank of america wells, fargo city, morgan, stanley, walgreens also reported lots of reports here.

It's pretty cool, uh and they're doing very, very well, okay. So, for example, what do we have here? Okay, give this a second to pop up all right. Here we go taiwan semiconductors to build specialty technology, uh fabrications in japan, starting in 2020. Taiwan semiconductor sees 2021 sales growing by about 24 in dollar terms, expects capacity we're tight throughout 2022..

That's not so good uh. We, we kind of want to see uh capacity, uh start catching up right, uh and we want to get over these supply chain constraints. Sales growing by about 24 gross margins to be higher than 50 percent. It's incredible.

Let's see here comments comments they have about taiwan. Semiconductors say they have about 15 market share in global automotive chip markets, wow, okay, yeah. Let me see if i can get a little bit more detail here. Yeah the new factory in japan would start mass production in 2024 so see it takes time for these darn things to be able to build factories and facilities.

Here we go: net income came in at it's a different currency, 156 billion versus 149 expected that's, not in united states dollars operating profit margin down slightly from a year earlier down about 0.9 percent gross margin, 51 to 53 51 expected trying to see anything. We could see about supply chain shortages, we'll have to go through their uh earnings call as well. So we could really see what their expectations are for supply shortages, but they're really saying tight through 2024. Let's see, let's see if there's anything else.

Third quarter: net profit rose, 14 percent announces plans to build factory in japan. We saw this. Companies are stockpiling chips with serious implications. Okay, yeah tight supplies through 2022 bullish on the future of continued chip, demand multi-layer supply chain amplify shortages, wow.

Okay, so i want some. I can let's pull it up here: taiwan, semiconductor tsm there we go yeah, they're up 3.75 percent here and uh. Look at what kind of how they've been trading here, they've they're, almost sitting in a little challenge, a channel here and they're nearly sitting at the bottom of this channel at the moment, so even being up 3.74 percent. We have this line here drawn at about 107.89 they're only about two dollars above this right now, above this support line, so uh not bad, actually kind of surprised, they're not rallying more, but then again still, even though they're bullish still going to show signs of issues Here going forward, what about walgreens? How did walgreens do? Walgreens? Let's see? Oh all, righty, let's see what walgreens did so walgreens.

Here we go, walgreens comes in with net sales of 627 million, they beat. Sales came in at 34.2 versus 33 billion expected drugstore gave twice as many coveted vaccines as expected: 13.5 million vaccines in in this last quarter. Here it's up 8.5 comp sales up six point: two percent beats estimate a store traffic rebounds, good job, uh, walgreens, yeah, uh jump in uh, coveted vaccinations has helped uh really boost their profits. Profit surges 68 on the strong pharmacy good job, walgreens everyone's beating about citigroup uh, let's see here, citigroup, u.s, equity and let's see what we got here, pretty pretty incredible so far, just everything just all right! Okay, here we go, citigroup comes in with a beat 17.83 billion versus 16.93 expected investment.

Banking revenue came in at 1.92, billion versus 1.54 trading came in at 1.23 versus estimates of 909.. Every bank has been killing it with trading they've all been killing it with trading. It's crazy, they're all making money hand over fist in the stock market right now and yet there's still a ton of money on the sidelines. Banks are having trouble doing loans.

Geez fixed income trading was down that would be uh bonds. That doesn't surprise me uh, the securities did better investment banking up 39 percent shares only up 1.5 percent after they reported bank advisory fees triple on merger, and acquisition surge uh city group is encouraged by trends that seeing in credit cards, so that would be spending. This is in talks now, investors reacting to tapering and inflation trends. Investors react that could help city with trading revenues.

Essentially, yeah no kidding well every time you trade they make dollars, they make attendees it's their job, to make attendees off you wanting to trade, but then, of course, they have their own trading institutions as well, so more volatility. There is the better for them. Second, oh thank you steve for the shout out there a second. What materials are the increase in chip production going to come from? That's interesting.

I don't know uh yeah chip, wafer material, uh material like what goes into a chip, wafer right and uh. They are so silicone or geranium. Sorry, that's germanium. Huh wafers are formed of a highly pure, nearly defect-free, single crystalline, material, fascinating silicon or germanium yeah wow, at least that's for chip wafers.

You know what every time i think about wafers. I start getting hungry because i have coffee, but i don't have a wafer. You know like where's the wafer, to sit on top of this bullish germanium. Oh no germanium to the moon.

I wonder if that's even something you can look up, i mean i'm sure it is but um, let's see here, germany um, let's see what happens if i just type in germanium, i don't know, i don't even know where to begin. I'm not i'm not a uh. Very good at materials germanium, but i make that pretty clear germanium dioxide um. Let's just see price uh germanium yeah that could work trading it.

Let's try this one trading econ there we go. Oh look at that, so this is um gosh. This looks like uh. Well, it's up uh germanium increased, and so they measure it in kilogram and uh they are okay.

Cny is the chinese uh currency? Really i thought rent okay. I never knew that they shortened it cny, but now we know so and it's up. 24.65. Since the beginning of 2021., i wonder how you could invest in that like if you just wanted to buy this uh.

This particular like some sort of index of this right, uh, no sure um index. True. Well, that's a chemistry index germanium uh! I don't know trading. Investing something like that germanium! That's interesting, let's see here! This is just spot price, but you'd have to find probably some sort of etf that that tracks, the the spot price kind of like they do for gold like a gld or something like that.

I'm sure there's something or you could look into a miner. But with miners even like, for example like even with uh bitcoin miners, like hud aid, you know hud 8, they have like 300 billion canadian dollars, i believe of uh bitcoin, but you're you're, paying i'm sorry, 300 million uh, but you're paying like two billion dollars in Market cap for the company canadian dollars so you're, paying you know seven eight times the actual store of crypto. They have for the fact that they're, a miner right so you're definitely paying a little bit of premium for the miners. Sometimes you do that.

So you probably would need to see who produces germanium like a by-product of mining. Another yeah, that's a good point. Oh i was literally just talking about hot eight yeah, uh yeah, the cup and handle on ethereum is great. I think ethereum is going to explode uh.

I am not the biggest fan of the miners again just let me just clarify that argument. It's like, if i'm going to buy bitcoin uh yeah, i i kind of rather just buy bitcoin and the reason for that is you're paying a huge premium. In my opinion, for a company, that's mining that regularly has to replace its hardware. Now, that's not to say that the miners aren't great, but one of the downsides of the miners.

Is you get a lot more speculation in these that prop up the valuations, because you can play options on them? Uh, that's not to say that you can't do options and derivatives on crypto, which there's plenty of speculation over there as well. Don't get me wrong, but the miners are um. You know i don't. I don't know if i'm willing to pay uh the premium for for how much you know crypto.

They actually have like, for example, if, if they have 300 million in crypto versus a 2.2 billion dollar market cap, that means only about 13.6 percent of the money that i'm putting into hud 8 is actually for the crypto. So if they're trading at 1082 right now - and even if i called it 14 only about a buck 50 of my money is actually going into bitcoin. Essentially, whereas uh you know, nine dollars and 30 cents is going into their intellectual property. The the fact that they have minors - and this that and the other whatever i don't know so, all right, uh anyway, taking a look at the pre-market here, look at that a firm sitting solidly at uh, 151, 37 right now with sofi sitting in 1969.

Let's go, these are two uh two good investments. I've got they've been killing it owlette's up two point: five percent. Finally, getting uh owlette to come back to life a little bit again, uh i'll. Let really deserves it, they're so oversold on the stupid marketing uh claim, with the fda lemonade, slowly going back to 70 dollars, excellent, excellent, canadian solar back into its channel all right.

Let's see what other news we have so, let's see here. Maybe the reason why you would buy miners that you could buy them in tax free sales, oh sure, like cut aid in into into a roth or whatever you just sold vehicles in amateur. Oh that's awesome! If that's true, that's a good headline. That also seems crazy, though 18 000 higher i mean neo, is they're pushing for a more luxury style product like they're, not trying to race to the bottom.

They uh make that pretty clear. They also uh try not to compete with x-ping. For that reason, x-ping's more trying to get to the bottom to compete with byd and tesla uh, oh beyond me beyond, has been in the toilet, but there's some news to be had here beyond meat on meat up 3.68. Why? Because mcdonald's will test the meatless mech plant burger created as part of its partnership with beyond meat in eight us restaurants.

Next month, eight i kinda wan na try it uh. I have to go to manhattan beach or el segundo to try it. Oh yeah three-year strategic agreement with um. What's it called with mcdonald's all right, so i'm trying to.

I wonder which one would be further from me: oh manhattan, beach, just a little bit further! Oh it's just under the airport, okay! So next time i go to lax i'll have to uh have to try the beyond meat burger. I should write that down. I'm gon na i'm gon na do that. I'm gon na write that down the mech plant burger and you could try this next month.

Okay, so that would be november and if i jot down - oh, i don't know: let's go ahead and plop down here, something like the thirteenth. There try mech plant, burger el segundo, all right, yeah cool. Did it all right. So, let's see here tesla's still sitting at 0.7, let's see what other news we have bloomberger all right: unemployment claims uh.

Let me add this together. Unemployment claims because they never show that in the headline all right initial claims. This is we have 293 and pua where's pandemic unemployment pandemic unemployment, wow wait. There were 38 cities were going 20 only about 22 000 claims.

That's low, wow we're doing really well here uh. This is a good good move to the downside. Uh you can see. This is the lowest uh seasonally adjusted amount of initial claims that we've been in the entire pandemic.

You can see that trend line moving down for total amount, uh it moving slowly down, but it's it's getting there good, interestingly, not seasonally, adjusted as uh. Oh last 50. Oh that's prior year, okay, got it yeah prior year makes sense that prior year, kind of started ticking up a little bit again in october, because you uh had uh covet start taking off again awesome, i mean you can sort of get some of the data all Right so, let's see here, banks killed it very bad time to be in emerging market debt. Well, yeah, there's so much fear around china right now as well and uh.

I was just reading this morning the bond rates uh skyrocketed to like 24 on on junk bonds. In uh in china still really incredible, though, that the market is reacting as well as it is to uh to really inflation. Maybe the market is just loving this. It's eating it up, which, if you want to love something too, consider loving, that coupon code that you could use down below on the programs on making money, passive income and building your wealth, whether it's in real estate or stocks, check out that kevin.com join link.

Use that code diamond hands, you get lifetime access and that way, if i decide to start a new position like a 1.5 million dollar position on a firm which i did very low, i'm up a lot or uh or a pretty strong position on sofi. You can get alerts for those uh see all my trades on crypto stocks options. Doesn't matter no guarantees, but you see everything gives you some suggestions in terms of where my head is uh, i always like to say put your money where your mouth is. That way, you can see where my money is anyway take a look at that link down below all right, so nvidia, oh yeah, and the uh price goes up again on the 29th uh.

Okay. So, what's losing right now, what is losing build-a-bear? Let's try to find out why build-a-bear is all of a sudden down five percent bbw. No, that's that's uh build a bear, build their workshop. You do there.

We go ppw all right, so individual news, okay, build a bear, build a barrel! Boober president, ceo trades, 2.3 million in company stock uh there's no news that wasn't even today, there's literally no news, so some somebody just dumped build-a-bears. Basically what happened in the pre-market? Okay, united wholesale mortgage corps at 666., ouch, not a lot of red. I mean we're at one page in a bit of red uh. The rest is green, the market's just like yes, it's please nuts uh it's great.

This is why you wanted to buy the dip. Hopefully you did in the last two to four weeks. We've had quite a bit of dippage, i bought too much, but i enjoyed it. So it's okay, it's okay! As long as you enjoy it anyway.

Okay, so, let's see here what else workers workers who quit could improve productivity. I agree power 2 million dollar luxury condo brooklyn's over there, all right, that's trading scandal. Oh, there was also talk about the uh johnson johnson vaccine booster, not potentially being as well received as the the pfizer and moderna ones that maybe they would even encourage people who took a johnson johnson vaccine to get a booster with a modern or pfizer. That was kind of weird, it's also a report.

What was this? Oh, it was a reuters report. That's right! Let me see if i can pull that up really quick. It was a good one hold on a sec yeah. Here we go.

Oh wait: nope i'll, find it i'll find it all right. Let's see here all right did i freeze or no? No that's just oh it's just the ipad's frozen. Okay! Well, no, we're good, all right cool! So that's fine! So, let's see here, it was reuters, coveted vaccine immune something like this. Where was it? Who advises additional kosher darn it? I don't know that i could find it right now.

Oh there it is. This was a good one yeah. I found this really interesting. Take a look at this, so reuters put this report together, saying that in some recent studies that were done here are some insights that came out regarding the covid vaccines and just covert in general.

First, they found that kova does not appear to make children sicker that the delta variant uh basically had had virtually no distinguishable difference in the level of sickness that it caused in children uh compared to the other virus, and they also mentioned here that the secondary immune Response was stronger after infection compared to vaccination, so this was also kind of interesting that basically they're saying here. If you caught covid, you had a stronger. You had a similar antibody impact after taking the vaccine versus getting sick, but those antibodies tended to wear off faster than uh than if you had caught covid, because your memory b cells were deemed to be more robust, uh sort of a way of saying. Like your memory b, cells create antibodies uh when they uh identify another threat, similar to tovid or even a variant that was kind of interesting, not necessarily saying you want to get covet, but i suppose, if you do end up getting covet, you have a little bit Of a benefit that you might have a stronger natural immunity, but yeah again like you, don't want copic, uh yeah.

Oh welcome aboard daniel. Thank you for joining yeah big debates. Right now over whether or not uh children should be vaccinated. I know i i have that same struggle myself.

It's like you know. The death rate for for children is incredibly low and i'm a i'm a fan of uh vaccines, but also a choice, but i do you know i look at children, it's like i don't know. I mean the risk is statistically so terribly much lower, you're, not seeing covert long-haulers and children like you are in in adults, like one-third of adults have covered long, uh or some form of code long, which is terrible. You know you regularly hear about those anecdotes of of people suffering from covet long who used to be athletes.

You know top physical condition, top immune systems and they end up with code long and they can't they can't be athletes anymore. Whatever super rare and then you know just never know in the long term, i suppose but um tbd, i suppose all right, let's see here, um steve here, says unvaccinated children are as protected statistically as a 30 year old. That's double vaccine wow interesting. That is interesting.

Well, yeah, i mean just because we vaccinate children for measles, and you know mumps and rubella and whatever the other m is uh. Actually, i think that's part of it measles bumps in rubella. I don't know that that means stab everyone with the kovachot right uh. Who knows, but i think that's where you have to have faith in the uh and the studies that are done for children.

They've got a lot of studies going on for children, which is good news. You know mmr has been studied way longer all right. So, let's see here, uh wayfair recovering a little bit uh, which is good, not a lot of red. Super super green super super green.

Okay, let's go into here. Let's look at the futures here down futures at point: nine four percent point: nine: three percent on the s p and uh: a 1.06 percent on nasdaq futures. That's incredible! That is incredible! We have five minutes to the opening bell. Okay, let's see here what else do we have dominoes falls? Three percent after u.s same stores turn negative to domino's report this morning.

Let's see if we can pull up bpz dpz, i know we can so, let's take a look, see what we have on domino and let's look at it here: dpz all right, so domino's down 4.3 percent, all right, domino's, same store, sales decline, break growth, streak q3 Revenue misses uh, people have too much pizza, retail, global retail sales up 10, but still a revenue came in at 998 million versus the estimate of 1.04 billion, so a slight miss there eps came in better at 3.24, but that slowing growth on the top line number Was enough to leave uh dominoes down 4.26 percent here in the pre-market dominance? How does domino's not still around donna's? I don't i mean it's delicious, but uh. I don't know some of the local pizza companies are better in fairly uh all right, so we have three minutes to the opening bell. This is the perfect time to remind you to get that free stock with public.com by going to mckevin.com public metkevin.com, public and they'll. Give you up to seventy dollars totally for free when i do make transactions on public you'll see those.

But if you want all of the notifications uh for any time, i trade make sure to check out that stocks. Psychology money group link down below with new lectures coming out in 10 days. Super excited gon na have a nice big batch fundamentals, ta options trading. A lot of the lectures uh that uh have been suggested will be made.

That's the cool thing about the programs. Is i keep updating them all right so and you get those updates for free all right 450 on sofi, it's incredible 450 on sofi. You've got a firm sitting at 361.. I'll tell you! This market is not caring at all right now about inflation.

I really think it's because of that flattening in inflation yeah the airlines are getting wrecked. There's no doubt about that. A lot of these shortage issues. Let's see here, yeah this.

This is what we talked about a little bit yesterday. I encourage you to watch the video. If you haven't seen it yet but uh on the uh inflation video yesterday check that out yeah, it's tina, there's no alternative! You you sound like you, must have uh uh watched the end of the video yesterday, that's good uh, so but yeah. I really think it's.

This flattening that the market is cheering here because we're we're not seeing inflation, you know what would be really bad and it could have happened is if we saw inflation start doing this right. This would be kind of that like hyperinflationary fear. That would be not so good and uh on the green side. Here is, i think, more, what the market is expecting uh, but, although we did previously and the fed previously thought and including myself previously thought, the blue line would be more realistic but uh.

It's looking like uh, the green line is gon na, be more with what we're what we're dealing with so that that's higher inflation for longer, but not necessarily surging, like fears were that it would be just great. I think, that's why the market's rallying right now. I really believe it uh. You know the market's really just freaking out uh in in the most positive way possible.

Now bitcoin's sitting at 57.6 uh you've got ethereum at 37.50. It's it's amazing, a firm 346. wow, that's cool! All right! Let's go ahead and listen to the bell. First, though, the opening bell cnbc exchange at the big board, it's ihs towers, a telecoms tower company celebrating its ipo at the nasdaq.

It's hit lab a software development platform. Here we go, they are so excited today at gitlab. At the nasdaq we are having so much fun with so many people. Oh dear all, right folks take a look at this s.

P, 500. So far, moving up uh, tesla kind of moved down a little bit right before the opening bell. So we'll see where this goes disney kind, a little bit red, let's see. Jpm is home depot's moving green jpm kind of flat, uh tesla, still a little bit on that red side.

Dave and buster is a little bit red. Do we have too much excitement this morning? We've got taiwan semiconductors moving green nicely green here on the opening. Oh look at a farm, it's going! Oh, my goodness. We are coming up on a solid double on this stock in uh, like four weeks when i first went heavy on this stock.

This is insane uh. So congratulations on the firm investors. It makes it hard to keep buying the dip, because there's no dip uh but again join me in stocks and psychology of money for those early feces. We even did a special live stream on a firm before i went big on it just to talk about it.

In the course anyway, uh, oh so far, rotating down a little bit was up about four percent on upgrades and uh, with a new price target of over twenty dollars at bank of america, you've got uh with them rotating down a little bit right now, not much, Though talking about 20 cents here we're pretty zoomed in on the minute chart right now, it does look like the market is chillaxing slightly here and smp's holding you've got hippo up almost a percent uh, but it is also turning slightly red here. Somebody says they want to buy a firm they're wondering if it's too late now thing about a farm is, i think, it's a great company uh. It has this potential of pulling an upstart and going nuts wow. Look at how green it is.

Today i mean that's a 90 green day right there, that's crazy, so uh. It's really got that potential to pull off an upstart, especially with how little fear there is in the market right now, but i would still expect it to rotate down at some point. It's got to correct at some point. I hope it does.

I just don't know when so uh. Sometimes the strategy there is, if you're, really convinced on a stock, you buy a little bit and uh you buy a little bit and then, if, if it goes down, you buy some more look at ethereum just running, let's go uh! This is another one that i went a little heavier on uh in the last few weeks here, which i'm super excited about: ethereum's, just kicking butt, how's uh sheep sitting at 29, ada usd you are sitting at 221 sea you're, going up about 2.4 etsy's running. Oh, my gosh: it's going back over 220, it's insane uh hot 8 mining, sofi, all right, a farm, three percent on a firm kind of bobbing a little bit. Still it's over that 150 level.

It's crazy 175 over here! So the market's kind of like hey. We were, we did pretty well in the pre-market now we're going to kind of teeter a little bit like tesla, teetering slightly to the downside here on tesla uh still up, though about point four percent, pretty strong, open i'd, say overall, though s p, 500 uh sitting At 0.89 percent - and if we jump on over here, yeah look at this look at the indices. Today, it's just beautiful, dow up 1.18 percent s, p up 0.91 nasdaq, 0.91 and the russell 2000 up 0.34. These, these guys doing the worst all right i got.

Ta connect - let's see here, i want to keep looking at these things. I probably got about five to ten minutes, uh that i have, but i got ta connect to this zoom thing. Really quick. I'm gon na talk about sheep uh, give me a sec all right.

So we'll hang out here until they're ready for me, but anyway, let's see what else is going on all right. So let's look at bloomberg a little bit more okay, hey how you doing great thanks good to talk to you all again thanks what? What time are you thinking for life? 45? Okay, perfect thanks great thanks, okay cool, so i got like eight more minutes to hang out here. Uh thanks all right. So in the meantime, let's see what else is going on with news uh, but yeah uh.

This is a san diego station by the way that, if you want to watch me, i'm going live on cousy. I think you, let me see if we can pull up yeah yeah check this out. You could stream them here. Uh at uh, just google kusi live stream and i'll be live there.

I'm gon na live on coocy san diego to talk about sheep uh. What there you go, all right cool. So, in the meantime, let's go ahead and see what else is going on in the sticks. Oh look at beyond meat.

It's still. It's still running almost over 110 now upwork has been killing it too. Upwork is one that i wish. I had built more of a portfolio around, but instead i went for a firm which i'm okay, with uh ethereum 3762 monday.com is killing it too.

Yes, patrick. It's 9 45 a.m. Okay, pretty bouncy! Right now! Let me see what else here point eight two percent on the spy tesla palantir crisper, these guys moving up crisper got crushed after good news that wasn't good enough by the way and phase still moving. Okay, let's see what other headlines we have.

Let's go to wall street boeing's been having a rough ride lucid. Let me see oh yeah lucid's doing nice all right. Boeing jobless claims bank of america quarterly profit rises, 58, look at the banks, just the profits here at the banks i mean we went through bank earnings but 58 of b of a wells, fargo, 59 percent, citigroup, 48, morgan stanley, 36 and they're making most a lot Of the money off the stock market, uh blau, i thought the same thing. I literally thought the same thing: yeah, let's see where we sit with sheep right now, sheep just dropped to 19.

It just got beat by bitcoin cash, barely barely lost out on 18.. All right what else we got mass evictions didn't result in after us. Yeah, that's interesting, foreclosures ticked up a little bit, but evictions didn't really come all right. What else we have? I wish i could invest in ikea by the way that would be so great fed.

Bostick says central banks would need to figure out how to create a digital currency with a secure and predictable value. Oh bostick, somewhere he's talking about crypto right now and predictable value. I don't know about, i think, they're talking about a central bank. Digital currency, though it'd have to be predictable, not all crypto, all right.

What else yeah we talked about dominoes. We covered most earnings, loosen it too. All right. Let's see oh lemonade's pulling up as well.

3.43. Oh it's losing! I can hear you thanks. So much yep! Absolutely okay, perfect all right folks! Yes, i can hear you thanks. Okay, folks, go watch me on kusi, i'm gon na run.

So that way i'm prepared so google, kusi and uh. You could find me there. I got ta run so we'll uh and we'll do the course. Member live stream afterwards, thanks everyone for being here and we'll see you later uh but yeah, google, kusi, live stream and i'll talk about sheba, shiba inu, so be fun.