Okay, so there's a lot to talk about today. We have a positive Catalyst for the stock market in 2023, we have Russ Gerber trying to get a five minute with England and a board seat on the board of directors of Tesla Palantir with a huge client and also Jim Cramer with some insane predictions and coinbase firing 20 of employees and a huge warning about that that you absolutely have to hear a lot to cover this video. So let's skip the intro. Let's get straight into it.

So first of all, we have to talk about Rose Gerber Oh my goodness. so Rose Gerber is literally begging on social media Like you know, the kids who beg for a five minute with the Garyvee is literally begging for a five minute meeting with Elon. He's basically saying the survival of Tesla no Less is dependent on me getting a five minute with Elon. Now look all I got to say about it is first of all, whether you like Ross Gerber or you don't like Rose Gerber I'm personally part of the second group I mean if the guy has a hundred million dollars with Elon Musk and Elon Musk would not take a 5 million five minute meeting with him and he has to beg on social media for five minutes with Elon Musk What does it say about him? Dude, if you gave this dude a hundred Milli and he won't take your meeting, how love and opinion does he have of you? Oh my.

God The worst part of this all is if your survival as Ross Gerber claims is dependent on Russ Gerber Whether you're a human being, a giraffe, an alien, or a company, then you're pretty much screwed. my guy. That's the end of it now. The other thing Rose Gerber is trying to promote is himself as a Board of Directors member of Tesla which I found absolutely hilarious.

In fact, I'm seeing Tesla bears and shorts basically cracking jokes on social media how they would actively promote his nomination for the board of directors. That's their wet dream having Ross Gerber as a director of Tesla Hopefully that doesn't happen, but I mean we've seen stranger things in the past few years, so who knows Now the second item I Just want to mention briefly today is Palantir. Are actually working with Cloudflare. Cloudflare seems to be like the newest class of palleteer massive cyber security client.

But as you know, whenever Palantir gets a new client especially like a blue chip like Cloudflare, what happens? the stock price drops. So I'm assuming with this new client announcement the stock price gonna drop today. like probably like 18. So who knows.

Now on more serious things. I've been on and off with Tesla Haters and Tesla Bears on Twitter Following my latest video, the video was titled Tesla Bears will absolutely hate this video I'm gonna put it right here if you go to check it out. I Made a video explaining why Tesla bears are wrong about Tesla and social media is always the place where people come to scream into the void. You know people with like five followers tweeting about things nobody reads.

So basically a lot of experts on social media explain to me why I'm wrong and why Tesla is the worst company ever Elon Musk is the worst human being ever Why he's the worst CEO ever about how I'm clueless Etc So look all I Gotta say to you guys is one simple thing: Look, if you're a so-called expert and there's a lot of experts in social media, believe it or not, the brain surgeons you know astronauts like a lot of financial experts like Jesus everybody works for McKinsey or you know what I mean So basically here's what I say to you: look, you can hate those all you want. But here's the problem. You're missing one critical point if you're coming to just like Ponzi scheme or an elaborate scam or an overvalued car company. Here's the problem with that argument.

You're looking at a company that just sold 1.3 million cars in the recession year when the entire Market was down big. There have 28 gross margin which is literally doubled in Toyotas which is the best margin in the business and tripled in Ford and GM They're generating 22 billion dollars in ebitda, they have zero debt, and they just increased sales by 44 of new cars over the past year when the entire Market went down by eight percent. So it's a little bit of a problematic argument. The problem with these Tesla haters is because I think a lot of them.

it's about ego. They got it wrong and they just can't give it up. The second group is people. Who are.

You know? they're the quintessential idiots in every like in every society and every group of friends. There's always the guy who is probably the stupidest of every of the group, but he's sure that he's always the smartest in the in the room. So these kind of the people I have to deal with social media. So I mean I don't mind I Mean it's just kind of fun to me that they still think that you know Tesla is a bad company and at this point I want to talk about Coinbase? They're laying off 20 of the employees.

Obviously, the company have ballooned Beyond any proportion. But here's what I got to say about this: If you think that all these layoffs you're hearing about Amazon Coinbase and everything that's not going to roll over to normal jobs, you're wrong. Tech Always comes first. The cream is always the first.

then you go into the meat and potatoes of it. So if you think that this is just an isolated Tech thing, this is just the beginning. and whenever you hear the media explains it, everything is fine. And the job market is amazing.

Remember Coinbase Amazon Facebook All these companies. This is just the start. Now talking about some bad times before we hit the Kramer stuff. look Jerome Powell will be speaking today I Don't care what he's going to say I mean I know what he's going to say.

More pain ahead. We're focused on inflation blah blah blah blah blah blah. Remember, this is the guy who screwed up twice. So he made the two mistakes, basically helping two administrations print money and then ignoring it for a whole year.

And now he is going to cause you to pay for his mistakes because he got to keep his job. But when he raises interest rates and people start losing homes and jobs, he's not going to pay nothing for it. He's going to keep his Hamptons home and his nice little circle of friends. You know what I mean Now look a quick word of advice: If you have credit card debt, this would be a good time to get rid of it.

Half of America is living on the credit card debt situation. It's not healthy, especially not now. The average rate right now in the US for a credit card is 23. On a five-year rollover of five thousand dollars, you're going to be owing twelve and a half thousand dollars.

Don't forget that number five becomes twelve and a half in just five years. Get rid of your debt as much as you can. It's a must right now. As it says, right now, we're at a 40 year high.

40-year high of credit card debt. All time high for auto loans. Did. This is as much as we've been in the society as ever.

it's not a good time to be part of the group. Be smart. Eliminate your debt before interest rates go up even higher. Moving on to Jim Cramer the cherry on top of this whole thing look Jim Cramer is now saying do not bet on Tech It's a bad idea to do it right now.

In my opinion, this is the best thing that could have happened to the stock market. We waited for a catalyst. We couldn't find a catalyst anywhere. The war in Ukraine still goes on.

Inflation is still seven percent Pyle doesn't have the slightest idea what the hell is doing this. Administration is a dumpster fire Biden doesn't remember his own name. Gas prices, layoffs, absolute chaos. prices going up you know, cost of living, real estate market is crashing Blackstone is in the Redemption Capital Like everything that's possibly could go wrong is going on right now, it's absolute chaos.

But finally, finally, we're bailed out by Jim Cramer When Jim Cramer tells you do not bet on tech stocks, do Not bet on growth stocks. That means that we've hit bottom boys. What the So The subtle? The days of Bold Oh damn Rock and Roll.