Hey everyone me kevin here all right, well, well. Well, spy is rocketing into the close of the day here, which is really good. Coming off 4 49 on spy last 30 minutes of trading uh up uh up, you know a nice half percent here, just in the last 30 minutes of trading qqq, moving up into the close as well so really bullish to see the price action uh. You know it was a little bit of nervousness at the beginning of the day, but nice moves up towards the end of the day, tesla down about a third of the time of this filming, getting a lot of smaller companies starting to really move back lemonade.

Seven percent here dutch bros twelve percent, toast thirteen arrival 15 again arrivals, just been on a rocket ship uh cloud flares coming back up six percent, which is incredible: five percent on so far a firm four point: five percent back to sixty seven dollars, uh some. Some really incredible moves to the upside here. Uh helping propel the s p up, take a quick peek here at uh, and then i wan na report, some things jpm pushing 1.62 percent to the upside, really strong moves intraday and also had that similar move. When the s p started, moving so could be seeing financials really lead the way here.

Uh ark's up about 1-6, but but we got ta talk about some data. So let's talk about data data data all right. So here's what we got on data so we have for manufacturing. We got a couple releases.

We got the pmi and ism both of them showed slower growth in january and there's an expectation potentially that this could be related to the omicron decline. Now it's really important that which makes sense, but what's really important, is to know a few things number one. Mobility data plummeted in january, and i expect we're going to see this v-shaped recovery. You know like the larry kudlow v-shaped recovery in uh in in mobility data and that sort of movement is gon na leave a little bit of a hole for the jobs report, but it'll be interesting to see how it affects inflation as well, which comes out in About nine days so tbd on that, but jobs report white house is freaking out right now the white house is freaking out mostly because they're like oh my gosh like what? If what? If what? If what? If we have this horrible jobs report - and then everybody hates joe biden even more uh anyway, so that the white house is freaking out on this, but the the reports we got on manufacturing and there's some important pieces on the inside of this, the ism manufacturing report Was spot on, but the problem? Okay, the big problem was the prices paid index and this is dangerous.

Okay, because overall, the economy is booming. I mean you look around. People are spending money like they're, freaking nuts. I mean they're overpaying for for cars, they're overpaying for planes uh they they are literally going nuts spending money, and i think this is one of those times where i look back to what life was like in 2006 and all my friends and neighbors are getting new Boats and rvs and and they're going on trips to hawaii and they're, getting new clothes and they're getting new computers and tutors and hooters whatever right people are spending money like crazy that that's that's great for an economy, that's great for gdp, but it's not great.

When inflation is rising and and the number that came in that was that uh is not great - is that the prices paid for ism came in at 76.1 versus 67., not ideal, that is a big beat on prices paid, which is bad and new orders and again Manufacturing coming in stable and the jolts report, which is also bad, showed little signs of slowing due to omicron. If anything, we had the lowest discharge rate in history, uh in the history of the jolts report and we're up to 10.925 million job openings. Now this is down from the high that we had of almost 1.1 million in july in terms of job openings, but we were expecting 1.3 million job openings. We got 1.9 now.

Why is that bad uh, and this gave the stock market like a little brief heart? Palpitation, but doesn't really matter because the trend today has been up. The trend yesterday has been up and the trend of the end of the day friday has been up so we're on this little u-turn, uptrend right now, it's creating a lot of euphoria in the market, but one of the things data wise to remember folks, is, let's Say, let's here let me draw it actually like this, let's say the ideal world. I think this analogy this pictorial analogy here is the easiest. Let's say this is jobs, and this is inflation.

Let's say this is the ideal balance right, uh, well, inflation right now is like this. It's it's way high right and jobs right now, in terms of like jobs, jobs and openings, we'll say are also at like these insane highs, like the highest levels we've ever seen in the history of of the jolts uh, with the exception of july. It's crazy and i think what what frequently gets forgotten in this market is that when the federal reserve moves to bring inflation down, people like oh well, they won't be too aggressive because that'll take jobs away, but the fed's. Looking at this going, we don't care, please.

We have plenty of jobs to give away in terms of. We don't need this many openings. We have too many openings, we don't have enough workers, and so in theory, you could see this almost like equalized shaving of the federal reserve, yeah just kind of grinding on this economy to try to do this and to bring it to that level here. That grind has the potential of being very, very painful, now uh this.

This is macro right and there are two things to remember: when it comes to markets. Is you have you have day-to-day stock price fluctuations that that do this pretty wildly right, uh and then you have the macro cycle uh, which is much more, and this probably deserves a dedicated video. But you have this insane day-to-day, which honestly, the day-to-day is probably more like this uh, which a lot of it is noise. The big problem that you potentially have is the macro cycle of of.

Where are we in the macro biz cycle right? And this is really what you want to pay attention to is where we are in the biz, whatever biz cycle uh are we are we here, you know, are we uh? Are we here uh? I certainly wouldn't say our economy is here, certainly wouldn't say we're anywhere here, because that would imply that we're falling, which we're not uh. We haven't seen that yet, and i doubt i really don't think we're anywhere near just coming out of a recovery. So in terms of the macro business cycle - you're - probably somewhere in this range here - and of course the hope is that we're here - this is the hope - and this is here - is the uh fear. So keep that in mind.

The differences here in the in the cycle sticky to watch so uh those important things to watch if you have not yet seen uh, if you have not yet seen, excuse me the uh the push on uh, what what's happening over at kimberly clark and ups uh. I really encourage you watch the video that i posted on the worst report for the stock market in a while uh that i just posted that i don't know like an hour or so ago, really recommend you watch it, and - and i would pay attention to all Of the details in it, because that's going to give us a little bit of an idea in terms of okay, when do we actually expect some of these pains to to leave the market now? In the meantime, we've got stocks doing quite well today. Now we've seen these sorts of rallies before and the the big question that i always look at is when, when do we break back to levels that we've seen uh previously like jpm's, actually for jpm having a good day, it's up almost two percent today, but we're Still not even at the the lows that we hit in september in terms of recovery like we're below those prices right, let's go to uh, for example, tesla as well. Look at the four-hour trend on tesla here.

Somebody else recommended the four-hour trend earlier and so shout out to them. I don't know who it was, but i went in here and i drew some trend lines on the four hour myself and i don't like this - i think it's nasty. So let me explain this here really quickly and and remember when you have trend channels, you have breakouts to the upside or the downside. So here we have this trend channel starting in november and you're really having lower highs, lower lows.

This is a very clear trend. Channel right here and then we get a break up which is great, break out a trend and - and we run which is great. But we don't end up hitting our previous highs, which is bearish, and then we actually create a new channel that has an accelerated decline. Curve now this could be the most bullish thing ever, because maybe this downward trending channel is a sign that we are setting up for a beautiful breakout of this channel.

And if we do, the next question is going to be. Will we break the high that we had here? Will we break 1200 or are we going to reject off of a lower level like 1150 or whatever right, because then we we, we see a longer term trend when we zoom out of decline in in ceilings right, but anyway, right now, this declining trend here on The four-hour trek for tesla not ideal and even though you're seeing some stocks rally and move today, tesla's still stuck uh down about one percent. If anything, it just declined another two thirds of a percent, so this is just yeah there we go into the close. But again this is just micro, miniature candlesticks.

Here, whatever you still have a flight to safety happening a substantial flight to safety happening in uh. In the megas right - and it really began here in late january, where apple really started being the target of wait, a minute apple is our free cash flow dividend machine. Let's go every uh analyst right now wants uh. Yes, thanks chris for shouting that out, every analyst is shouting out uh.

They want free cash flows, they want more dividends and they want more buybacks and that's fine. But to me, that's a sign of nervousness by institutions because they're running where there's more cash, which makes sense, but that's driving companies to focus on returning cash to shareholders and that actually hurts like the arc style. Companies that are the innovative ones that are not returning cash to shareholders and robs them and delays them of potential innovations. So i think those are longer term issues.

That's not to say that i mean there are a few definitions of longer term right: the media, the short term, is usually deemed next six months. The medium term is usually deemed one to two years and longer term is usually deemed two plus years now. If you thought we were in a bear market, the beginning of a bear market cyclical shift, then then you could potentially expect two to three years of actual burn in the stock market uh. That would be very, very bad.

You could have two to three negative years. Probably closer to two one to two years of negative burn in the stock market. If, if you believe that there is a cyclical rotation happening in the business cycle, uh and then of course, the day-to-day doesn't really matter, but uh we're still not seeing short covering. We are seeing shorts, that's against arc, reducing which is good, so less people, betting against ark, which i like, oh tesla, just popped a little bit just tiny little bit here.

Let me go to the one minute here: oh yep, a little bit find a little candlestick here, but it's been quite volatile today, uh and uh, and we're still waiting for signs, obviously that we can actually start estimating when supply chain constraints are going to end a Lot of companies are saying - hey, hopefully, by the end of the year, which the stock market is going to try to start pricing in, and that's really important. The stock market will try to price in okay, good for supply chain issues go away by the end of the year, that's great, but what, if they don't and that's the danger? This is why we're looking for inflection points on data data data. In my opinion, the favorite, my favorite form of data, is earnings, calls and that's why i go through these earnings calls like crazy and i post the videos seriously. I wouldn't make a 17 minute video on an earnings call if it weren't, in my opinion, critically important uh.

I know when you hear that it might be like i don't know. I don't want to hear that, but no it's really important anyway, uh tax day. How does tax day impact uh the stock market? It depends, you know uh, usually the thesis is you go, do your taxes february march and then you're like? Oh my gosh. I got ta pay this much in taxes.

Guess i can't buy stocks anymore because you need the cash to pay taxes, which is likely because a lot of people made lots of money in 2021, uh in myself, included trading and otherwise trading was great. Trading was like way easier in 2021. It's great, but you've got to be aware of these. These trend cycles that we go through and like what we're seeing at tesla too, but anyway, um yeah that could absolutely impact the stock market totally so jake.

Here's not too optimistic about uh about supply chains. Well, somebody here says it's time to buy small caps 80 down on most. How cheap do you want in yeah? Remember folks, just because prices go down doesn't mean that companies are cheap, they become cheaper but not cheap. You know the the multiples on a lot of companies in our stock market are still relatively high, which maybe that's just deserved.

Now, maybe we're in a new era. Uh. You know new paradigm people pay higher multiples for stocks, they're willing to take less cash in the future, but uh who knows who knows uh all right. So let's go ahead and take a look at some of the other things that are going on in the world.

Right now, uh, let's jump over, let's see what we got here all right. Let me close these tabs here from our course member live stream. There we go cool, so i want to look at the bond market quickly, so 1.8 on the 10-year been relatively stable. So far is the only small cap.

I trust i like so far uh yeah relatively stable on a 10-year today, which is good sitting at around that 1.8 number, but they're kind of chilling around that number most of the day. 1.79. 1.8. So not a big deal.

Oil look energy costs really suck uh they've been pretty pretty stable around this 90 in just the last few days. We just dipped below 90 on on brent here. I'm gon na watch this, because obviously this has a big impact for uh inflationary concerns as well. Jumping on over to bloomberg white house warren's latest job data will be ugly due to omicron yeah uh, oh okay.

This is interesting, so uh, while while i disagree with uh ray dally, who won some things, i i am very curious to see what their thoughts are here on market turmoil and then we're going to look at that arc. Talk uh and again, we've been seeing a lot of talk about shorts going down on arc. I've been noticing that as well that the shorts have been getting like. Less people have been putting bearish bets against ark uh, but it doesn't necessarily mean anything yet we'll see.

All right, let's take a look at this, so this is about bridgewater capital. Well, i'm saying bridgewater capital again led by uh ray dalio here, let's see what they say here, so investors may be underestimating the need for aggressive monetary tightening from the fed and other central banks to combat inflation, so resulting in significant risks for markets according to bridgewater Associates following hawkish comments from powell last week, investors have brought forward expectations of tightening pricing in five quarter. Point hikes this year. Further further out, however, they're predicting fewer rate increases.

Anticipating the fed will end the cycle with a policy rate around 1.65 consumer prices. Okay, we no i've already searched. I want to just say this before we read what what the ray dalio folks here say and we are going to cover earnings today, but i want to just say again before we go forward here that personally, i don't believe that interest rates at one percent are Going to do anything to bring inflation down, we need the supply chain issues to end and the consumer to say i'm done, i'm out of money, i'm done until then the inflation's not going away. I you know in 10 years from now we'll look back and inflation will just be like whoa.

You know, it'll be like a roller coaster. It's gon na come back down. Inflation always comes back down no guarantees, but at some point it comes out. It's just a matter of how long right and how painful is our transition going to be going through it all right? So let's see what radio says here, so the markets are discounting a smooth reversion to the prior decades low inflation, without the need for an aggressive policy action that it will mostly just naturally happen on its own okay.

So, in other words, they're saying here, the market believes we're just going to have like a soft landing, like jim cramer, says we're going to play the violin, the rescue boat's going to come and we'll all get off the titanic everything's going to be fine. We see. Okay, here we go, we see a coming clash between what is about to transpire and what is now being discounted. Oh yikes, uh we've got here.

The massive adrenaline shot of money and credit during the pandemic has now produced a self-reinforcing cycle of high nominal spending and high income growth that is unlikely to cool without aggressive monetary tightening. That's bad! That's the worst case scenario. Folks, it's what i call the s-h-i-t case scenario, the poop case scenario. Okay, is things continue to to go? Spending keeps going people keep spending spending spending spending as rates go up and people are like interest rates at one percent.

Papa champagne over that keep spending. Okay, but anyway, because there is such a big difference between what is discounted and what we like, what we think is likely. We see the potential for large market moves, which, of course implies significant risks from holding assets, as well as significant alpha opportunity from price change. According to the report yeah, so let me just explain that alpha opportunity really quick.

This is basically saying buy in the freaking bottom of the market. Uh it's when returns are outsized in specific stocks that perform better than the market is expecting relative to their beta weight. To the dow, and if you didn't understand anything, i just said in the last 30 seconds, basically they're gon na be some good deals coming up according to bridgewater, bridgewater has grown significantly less bullish on financial assets as well. This is a shift now keep in mind that ray dalio has like, since, like 2019 he's kind of been a uh, how should you say um a little bit bearish, you know he's kind of been like hey we're in the we're in the ninth inning.

You know this is this: is the end blah blah blah uh uh yeah anyway um i i don't know if this is a significant shift in in their opinions of the market but uh yeah anyway. So, okay, let's now read so that's something bad. Let's now read a better one, which is this, so this is a good inflection point, so i i try to do my best to balance good news with bad news. Unfortunately, a lot of news just happens to be bad.

Kathy's flagship etf has been caught in the middle of a push and pull with latest trading data. Suggesting bulls are eclipsing bears for now. That's good traders supported almost 900 or sorry 294 million into arc in the most trading session. Wow, that's actually huge, usually she's, plus or minus, like 80 to 140.

Mil, that's really good biggest intake in june was enough to erase this year's withdrawals. That's good astonishing turnaround for a fund that delivered short sellers more money in january alone, relative to all of last year, wow short sellers made more money shorting arc in january than they made all of 2021. That's insane worst sell-off in history, blah blah blah short interest down to less than nine percent wow a little bit of a squeeze happening there, that's good some short covering going on yeah yeah, that's incredible! So what you don't want to see is hold on uh. Some of the sentiment indicators that we're tracking or flashing almost extreme bearishness - and that was particularly true in the technology sector.

It's not unreasonable to see a bounce, whether that's new buyers or people who are covering uh or possibly, a combination of both yeah yeah. And this happens with uh with potential bull trap markets. Now i hope i hope this is the bottom right uh, because i think everybody's sick and tired of like a red market uh. No, nobody wants to scrap the testicle positive, yet no tesla's, still down about 0.6 uh we're we're tired of this crap right.

I'm going back to the four hour chart here on tesla tired of this crappy pain market, but uh. You know the trend has not been the best friend of ours lately uh. There there's a lot of hope, though, that we're getting that we're getting close to the bottom, i'm not convinced uh and i hope to become convinced. So i'm doing my best to find some.

You know the the most positive kind of inflections that we can find it's become. It's been difficult. I do like what i see at a rival, though i've been keeping a close eye on arrival, see if you go out to the hour. Chart arrival looks really nice.

You've gone from uh, basically, three dollars to 450. That's a 50 gain in in the span of uh a week. Less than a week arrival has gone up. 50.

That's that's crazy right and it shows you how quickly these lit these. These smaller cap stocks can move, which is really incredible. Uh really really incredible that uh, you can get these massive moves and small caps, which i think is awesome like if you want to play bull traps. I personally think the best way to play it is by swing trading, the smalls small cap stocks, because they have the the biggest propensity to have these massive moves.

Uh intraday, but no guarantees - i mean, let's see what shifts to him. Yeah, you know shifts only up three point: four percent and here's a very highly short stock. I think uh. What's his name, uh ooh lasers, at 15, 22., nice uh lemonade's doing quite well here at seven percent.

It's it's been been a rocky road as well, but uh not bad back to 34. You know still the problem. Is you do this, you go to the day chart and it's like oh gosh, we're getting so excited about those tiny little green candles right there without any positive underlying data. Oh no right anyway! So, okay, let's see uh what we're gon na have for earnings.

Today we got a lot of earnings to cover today, and i love me some earnings, so we're gon na cover these right here shortly. Okay, first, we're gon na see paypal. Then we're gon na see paypal at 415. We're gon na see amd at 4 15.

we're going to see google at 405 we're going to see starbucks at 405 ea at four micro strategy. Wow. We got a lot to cover today, oh hold on a sec. I hear max yelling and it's bothering me let me close my other door, one sec, please, and so those events tend to um, really kind of increase profit margins.

I'm sorry increase of pricing um, so google can charge more uh all right. Sorry about that. I have two massive doors, but i forgot to close one of them and lauren brought me a coffee um anyway. I forgot to close one of them and i'm like.

Oh my gosh. I hear him screaming, which i mean children scream like every freaking day. So this is not like a surprise but um yeah. Once the two doors are closed.

It is silent. It's almost like nobody's here, all right, uh there we go. Let's get this launched up good, so big earnings. Today we got five minutes left in the trading day market very, very excited, and i expect honestly like great forecasts for uh for from these companies.

Uh amd google uh, because people are spending money like crazy. That's the thing yeah starbucks, like everybody, feels rich still, even though the markets kind of rotate down, everybody still feels rich, so they're spending money like crazy, uh, we'll see a paypal would be paypal. My gosh people have sold off so much. I i really hope you you get some positive data from from paypal, because it's just been fintech has just been destroyed.

Man uh fintech's been some one of the worst sectors over the last two months. It is just absolutely like nothing's, been safe in fintech, been terrible. Oh well all right. Gm turned today.

Also the problem is they're at five, so um, i'm not gon na sit live for that long, but i will be going through the earnings calls of all of these and uh. You know later, but i'll also be going through. The actual reports, as they get announced as they come out the big one happening right at four though hold on. Let me make sure i get these all up here, so i got google, i got paypal coming up, then we have amd it's gon na, be big for nvidia as well, because remember nvidia, this thing was selling for like 320 i mean it was.

The thing was going to the moon and then it stopped uh starbucks is 405 uh. Oh ea, that's right not sponsored! This video is, however, brought to you by ftx.us, go to medkevin.com ftx us to get yourself 10 off on all your trading fees check out. The amazing trading platform that they have they are 85 cheaper than any of the other platforms already so you're saving money going platform, saving money on the very nominal months. They charge you and you get to finally integrate trading view uh with crypto trading huge, especially in this market, we're going to get a lot of channeling and swinging.

I think they're great opportunities, so medcan.com ftxus to learn more okay, so i've got up paypal, alphabet, amd, starbucks and ea gm will do later and i guess i could quickly throw up gilead, although i'm not so inclined to cover gilead, because i don't really know how Much that's really going to matter towards our our broader market, i'm looking more for broader market indicators. Let's see how the market's going into the close uh, let's see here, oh 0.79, on the spot. That's great! Oh! Look at that run! That's really nice into the clothes uh. We might end up a full percent.

You know two minutes left we're not gon na make it to a percent. That's solid, though point eight percent on these guys. Look at that. Nvidia goes from red to green.

Come on. Tell me tesla went green, no tesla is hodling at that 931 level. You've unfortunately got microsoft, uh microsoft's, probably down on the ftc news on the activision check in there. So it's it's not terrible surprising.

Microsoft's. A little down report come on man uh. What's going on over here matterport, it is uh, saying: 9. 159.

I never thought i'd see the day it was below. I uh spack ipo pricing. It's just nuts yeah etsy's down three percent here, which is weird because consumers are still spending like crazy. Just maybe not necessarily online uh as much but uh.

Look at these guys. Look at this run here. Look at this arrival, 15 d wax up it's a risk on day, uh, open door; eight percent, upstart trader stock here, seven point: six percent, uh btc pushing up hud, 8 mining; 9.18. Absolutely incredible! Here, big small cap move here: you've got uh netflix up 7.2 lemonade 7.11, really incredible owlette.

Oh my gosh owlette's up six point: five percent. I was just talking to them with the nurse uh over the weekend. Uh, it was a cardiologist dad just helping us uh anyway long story, but anyway uh they love it uh. So everybody you talk to in the medical industry seems to have a positive impression of of owlette they've just been beat up so much.

A small cap is terrible anyway, 30 seconds to go here, a firm's up, five percent and hanging around at 67. Here is it jpm, that's really pushing or is it oh you've even got boeing and and spirit. You get the airlines here, jp i'm kind of stable into the clothes we look at dal here and ccl really quick yeah a little run there by dal into the clothes and carnival of 5.7. Today, almost at 21 hasn't really gone anywhere in a while, but still a nice positive day.

Let's get the belt okay. Well, there you have it. Dao is up point: seven: seven percent s p at point six. Eight percent so close to point six: nine uh nasdaq at point, seven, five, russell! Two thousand one point: one really the russell pushing here very, very good on the recoveries.

I think honestly you're getting this russell move because of expectations of mobility, data u-turning. Having that v-shaped recovery on mobility uh, which is huge okay, let's see if ea already spits out on time, no, not yet we are now waiting. We are now going into earnings, big big, big, big earnings. Again uh.

We have earnings on uh, ea, google gilead s box, uh amd and paypal coming. Oh here we go. Okay, ea comes in with 23 eps net of 66 mil that's a miss. Uh still sees fiscal year eps of 6.95, the estimate of 7.1, so the full year was a miss fourth quarter, adjusted revenue of 1.76 billion versus the estimate of 1.82.

That's a miss ea, adjusted eps of 3.2 versus 3.23. That's a miss forecast, miss uh, quarterly dividend maintained at 17 cents. A share, that's not so ideal. I want to see the price action here on ea and then i do want to get into the forecast to them uh.

So the chart looks insane right now on ea because it actually looks like the stock is trying to go up, but i don't know if they realize earnings are up yet uh there we go okay. Now it's going down! I'm like this is just such a weird. Weird look at this dude: we we beat cnbc talking about ea by about 30 seconds, like we could arbitrage cnbc here uh. We got that info out way before uh.

That's crazy! 5.2. Due to the downside, yeah, that's not good! Let me get a little bit. I need chapstick so badly anyway, uh skiing and no chapstick sucks, but anyway, uh third quarter adjusted revenue three point, so they reported third quarter and they're forecasting. Fourth quarter and the forecast came in about what percent lower is that uh? That always helps me 1.82.

The forecast came in three percent: lower 3.2 ish percent lower, which is not what people want because remember what i said before: earnings season, i'm like everybody's, going to care about forecasts, forecast, forecast, forecast, forecast, that's what everybody's going to care about. Nobody gives a crap about the last quarter. We already know the last quarter. It's gone, we lived it, it's over focus on what's going ahead and what's happening right now, and that's a miss again only about 3.3 percent.

Here market, i think, is uh, probably over punishing ea a little bit with a 5.69 decline, but that's the way the cookie crumbles. Uh. Oh now down 7.3 percent uh on yeah six percent. It's it's going to be volatile in the after hour.

So we'll come back! Uh but uh uh, okay, here we go eac. No okay, yeah! That's on uh um ea network has more than 540 million unique accounts. Unique active accounts ooh! That's that's even more important, all right good, so i think next we're waiting on sbox, google paypal. I think google is at 15 after so next should be starbucks and i think gilead, i'm not so enthused, really about covering gilead, but i will gillian should be out.

Oh there we go. Gilead comes out with revenue of 7.2 bill net of 382. I don't know what the estimate was adjust: the eps of 69 cents. Oh here we go.

Oh, this is the forecast. Also, i don't know what the estimate was. That does me no good forecast eps of 4.7 to 5.2 for 2022., see if i can get that really quick. We got now.

We only got about 10 seconds before s. Box comes out i'll, come back to gilead. Here, oh gosh, google came out early. Oh my gosh uh that was 10 minutes before expectation google, ad revenue beat came in at 61.24 bill versus 58.22 eps came in at 30.69.

Big beat big beat on google 27.35 was expected. Uh. Let's see here, google cloud loss came in at 8.90 a little bit larger than expected. They were expecting 820.

Google services came in at 69.4 bill, the estimate was 66., that's a beat, operating income came in at 25.99, that's a beat, operating margin came in at 29. That's a beat over the 28.8 operating loss was larger uh when other bets operating loss. I don't know what that is. Uh was 1.45 billion, the estimated loss was 1.32, so certain sectors lost more money.

The top line revenue was insane. That's a blowout on top line revenue top line revenue came in at 75.33 billion versus the estimate of 71.8 75.33 versus 71.89. That is a beat of 4.9 percent. That's incredible killing it! Google uh really really good job.

Google uh ea sports now down about five point. Two percent: let's go ahead and see how the google can look at that move there. It's up four percent right now, let's go! This is huge this. This is such a huge beat right here, uh very, very, very good, google, okay uh.

Let me now jump on over. I can't spend too much time looking at six, because we got more to report. Okay, starbucks comes oh, that's! A miss on starbucks starbucks comes in with 72 cents versus 80 cents expected on eps. I want to know forecast.

Give me a forecast, please starbucks, post mixed results as higher costs and covet pay way on profits. Q1 rev 8.05 bill net 815.9, mil eps comes in at 69 cents, same store, sales, north america, up 18 international, same store, sales down, 3 global, same store, sales, average 13 up uh chinese comm sales were down 14 uh versus the 9.25 expected, so china just smoked Uh starbucks here, probably because of omicron and more lockdowns there, so china really weighed on starbucks there but uh. That's that's! Definitely a miss! That's about a that's! A ten percent miss on eps uh on on s bucks there but uh going back to google google up about four point. Four percent now really good job.

Google uh. Looking at the s bucks here we're uh we're down about two point: four percent, not miserable actually for a ten percent, miss on eps uh ea down about 6.23 tesla, pretty much flat here in the after hours. Let's see how some of the other fangs are responding to this google here uh facebook up 1.3 after this google earnings here, let's look at apple here: apple, not really moving off of this makes sense, because they've already reported nflx they've already reported as well, not really Moving off of this uh, microsoft has already reported so no no biggie here, okay. So, let's get a little bit more news here: uh starbucks two ex to talk about guy during their earnings call: okay, uh still waiting for amd now folks stay tuned for amd right now, snapchat pinterest facebook twitter are all gaining and after hours after the google move Here that does not surprise me.

Let me look at pins quickly. Pins is moving only about 1.3 uh, google still up about 4.2, pretty impressive good job. Google, google reports cloud revenue 5.5 bill versus 3.83. A year ago, wow waiting for paypal amd uh starbucks, complaining again about the inflation issues.

Ea blames battlefield, flopping uh gilead forecast. Mrs estimates. Oh uh not not so ideal on gilead there, but uh i'm focusing more right now on paypal and amd, which we should have either in the next minute or six minutes. It depends: go back to sticks, wan na see gillian uh, okay, yeah gillian down about 2.5.

Google, what's google, oh google announces a 20 for one stock split holy crap uh, that's going to lead to a lot of yolos. Oh my gosh 20 for one uh this just in seconds ago, here google is going to have a massive stock split. This thing is, i mean the stock is now up 5.8 percent. The the enthusiasm is, is just going to go nuts on this.

The stock right now is at 29.23. If we divide that by 20, this brings the stock down to 146 dollars. I've not seen a google uh split. I can't remember last time general motors revenue misses uh, so we got a miss on gm revenue coming at 33.58 versus the 34..

This is going to become your new flight to safety puppy right here. People are gon na. Go nuts over this, i think people are gon na go crazy for google now uh. This is really really incredible: broad-based strength in advertising sector - oh my gosh, yes, uh, wow, wow wow youtube adds 8.63 billion holy moly still waiting for paypal amd wow.

That is so big on google, google now up, seven percent, there's gon na be so much speculation going into google. Now, oh my gosh seven point three percent of google right now uh. I would not be surprised if we topped three thousand by by the end of the day as as this spreads this i mean i think people are going to go nuts for this uh. This is this is incredible.

This is going to move the indices tomorrow as well. Uh google is one of your major indices components, so this is absolutely huge. Wow. Let's go yeah sitting at 7.29: okay waiting getting trying to get more news here, still waiting on paypal and amd starbuck's down about 2.7 google trying to hold on to about 7.2 just be careful.

I think there's gon na be a lot of trader volume that goes into google as well, i'm trying to find a date as well. Uh, okay, i don't think we have an exact date yet for that google stock split, but a lot of enthusiasm going there all right. Let's see amd still, no earnings, uh waiting for amd now and paypal. Those are both going to be quite critical as well.

I'm excited for both of those all right. I'm gon na put amd right there. One sec just want to get ready for these to pop paypal. Still waiting for.

I i'm gon na guess, we'll have those in about three minutes here for amd and paypal. So i'll keep an eye on those yeah. Okay, watching google is gon na be very interesting. I mean what a move on google, though it's uh stabilizing at about 29.59.

Here and again, this is going to be a big push. I think for uh the indices. Paypal not yet amd, not yet uh. How is this moving the rest? How is everything else? Moving in the after hours, oh trade desk jumped three percent on advertising very nice.

Three percent move on advertise yeah i mean that makes sense, because google skyrocket here snapchat up 2.5 amazon up 1.63 1.9 on pinterest roku's. Even up one percent, google chillin at chillin out a little bit about 7.16 right now, 7.1. Again, we are just minutes away now from both paypal and amd earnings, which are also going to be pretty critical. Google, unfortunately, doesn't tell us much about supply chains, but in terms of the consumer killing it.

That is, awesome, really really cool, all right, probably about 90 seconds away. Now, google revenue by the way 9.31 billion dollars, google pro wow - i mean it's just absolutely crazy, uh. Let's see, google advertising 61 billion dollars youtube ad sales pop 20 in q4, topping netflix revenue they're, making more money off youtube than they're making off netflix. Now, oh, my gosh yeah for google to run seven percent is nuts, and this is a massive company, uh yeah.

I mean let's see here stock, so google is a 1.83 uh trillion dollar market cap, you know 1.83 times seven percent is, is like 120 billion dollars in the in the snap of a freaking finger, uh wow. Okay. We should be about 20 seconds away now from paypal and amd all right. Here we go come on folks.

Google could also be seen as a flight to safety a lot of cash. This comp company has so the uh, the favor that apple okay, amd uh revenue comes in 4.8 operating margin, 27 way, higher operating margin, three percent higher than expected on operating margin. Uh revenue beat 4.8 versus 4.5 eps whoa big, beat 92 cents versus 75 cents. That's good computer graphics come in at 2.6 bill versus 2.44 expected that is a big big, beat no paypal yet good freaking job amd uh.

That's going to help push up nvidia as well gross margins. Over 50. That's insane! Uh net came in at almost a billion dollars came in at 974, but uh an eps coming in here, adjusted eps of 92 cents versus 75 expected. That's that's big forecast forecast is uh whoa way way way.

More than expected, that is, a big beat on forecast, forecast was 4.33 billion and they are guiding basically five uh. That's the midpoint guide is five and cnbc is sitting on commercial right now by the way which is hilarious, but that's a 15 beat on forecast for amd no freaking way, dude that should take amd to the absolutely to the moon. Oh yeah, oh yeah. Okay, now we're moving about 6.3.

I mean 15 forecast bump, that's really good. Now i want to. I want to see supply chains, how they're holding up with that paypal. Paypal comes in at the total payment volume, 0.34 mill slight miss on total payment, val volume, uh paypal, adjusted eps comes in at 1.1 versus the estimate of 1.12 slight miss on adjusted eps slight beat on revenue at 6.92 versus 6.89 total payment volume slightly missed.

So so paypal is really more of like a mead, but amd is the one that freaking destroyed with that forecast. I'm just surprised it's not moving more than five or six percent. That's crazy! Paypal now dropping paypal down about 2.7 right now, google, absolutely crushing it uh, especially the stock split, really helping push this one to the moon here about 6.7. Personally, i love google.

I can't buy stuff in after hours, but uh. Well, i just i choose not to but anyway really really incredible. Here, six point: six: six percent now on google uh amd 6.3 honestly amd probably deserves a bigger bump than that. These are some incredible numbers here: uh starbucks uh.

You know where's starbucks, so paypal's now down almost six percent. That's insane! This is going to hurt fintech folks, that's not good! Let's go ahead and see if we're getting collateral damage on some of the other fintechs. So far is down about a half percent right here, not massive collateral damage, robin hood's, barely moving on this uh. Okay, let's, let's just look at some other tickers, we got here tesla's flat and the afters aapl down about a quarter of a percent gilead.

It's down about 3.61 uh huge, huge move. This is going to hold up the indices tomorrow, though here uh on google 6.6. If that google moves to the downside, uh like if we open red on google tomorrow, like i would be just devastated like shocked like this market, just does not want to rally uh. I i think this is a really good uh set of earnings here from google.

Absolutely shows the strength of the economy and that's what the big irony is right now that we have is we have such a strong economy, but uh, then the problem are, is the more the more we get reports like this? The more you know, j-pal is going there. This is exactly why we need to raise rates um anyway. A little surprised you didn't get a bigger pump here on amd, especially with a 15 a forecast beat. Let me see if i can get a little bit more here: uh google stock split, absolutely incredible: we've got amd uh.

Let's see here, q1 revenue expecting five bill. Consensus was 4.32. I mean this forecast is huge. Uh wow wow gross margin comes in at 51 percent.

Higher than expected, this is a amd just just really incredible. Um! Okay, let me see here: google talked about google s, bucks really got whacked by china and you had some big old sales last year. So it's not a surprise ea's not doing well with their miss and paypal. Paypal forecast.

Oh bad forecast. Oh my gosh uh, the adjusted eps forecast is uh. Midpoint is about 467 467 on midpoint full year eps for 2022.. The estimate was 5.3.

5.. I'm sorry! 5.23. That's about a that's almost an 11 percent reduction in forecast for paypal. Oh goodness, gracious uh! That's not that's not ideal! For the fintechs again uh google slipping a little bit uh and amd both dancing six percent right now, which is quite incredible nonetheless, but that paypal forecast is just absolute trash.

Oh it's no surprise! It's down 10 now yeah. They they slashed their forecast 11 to 10. To 11 percent is so bad. Oh my gosh fintech, no wow, oh yeah square is sympathy falling on this one uh 3.2 percent here uh wow, wow wow wow a firm, not happy about this either three percent.

To the downside. I wonder if this is affecting visa. Now as well not really visa, don't give an f because it ain't fintech. It's just finn.

Okay amd back up to that 6.65. It's just very volatile here in the after hours. That's fine! It's not not so worth looking at the numbers now what's more important is! Is seeing what happens tomorrow morning, but uh yeah fintech destruction uh as, as lately has been typical, uh sulfide down about 1.8 percent. This is just a huge divergence here in the market uh between between the bigs, the greats, the googles, the apples and then the smaller up and coming guys, you know getting crushed uh amd's, trying to go to seven percent honestly, with with a 15 forecast guide, beat It deserves to be up 10 or more uh, but i mean deserves and actually happens, means nothing uh wow.

I cannot wait to check out the earnings call for amd paypal phone. My gosh, the forecast was so bad. Google same thing still split. We talked about this starbucks slides after citing inflation costs during holiday quarter, so blaming inflation.

I think that's the thing if you have bad news to report, just blame inflation. If you have good news to report, blame your company uh wow, all right, paypal, paypal, adjusted dps. 87 cents consensus: oh oh, my gosh, q1 forecast, 87 cents. Consensus was 1.16, that's even worse, uh than the uh than the actual revenue forecast, so that would imply cost increases here.

Amazon shares up about 1.6 with google rising okay. Here we go amd finally pushing like. Finally, amd's actually being appreciated here i like i said i thought it should be up more now. It's actually going up eight point: nine percent right here, uh google sitting around that six and a half number gon na, be so great for the indices tomorrow.

Nvidia now up two percent pinterest coming out of the bottom, a little bit here, trade desk same thing: we've been seeing. Here's amazon, roku amazon, does a lot of advertising too. Remember that etsy a lot of advertising, so okay, paypal here by the way, if you want to trade the crypto moves on this - remember: metkevin.com, ftxus, okay, paypal now down 11.6. It does seem to be sort of bottoming at about this 153 level, but look how quickly uh you know profits can be given back.

You know, we've had how how's our rally been here. Yeah look at this, so we've come off the bottom of 152 for paypal, which is like uh. You know a recent all-time low. Basically, over the last year, 52 week, low and uh, we we ran all the way up to about 174, along with this sort of cycle of bullishness here uh and we're now lower.

You know at 11.5 percent of a decline. Oh no, we're not uh we're! Actually, just we're just slightly above our all-time low of about 152 well 52-week low, i should say not all-time low, but uh no bueno here on paypal. So this will this? Will red candle right back down? Google really seems to be trying to prevent going to 3 000 before the split seas here, but uh you know has been has had bottomed out just under 2500. That's crazy january 24th, just not that long ago and uh moving knocking on the door of 3000 right now.

That's about a 500 move! That's wild! Look at 3, 000 divided by 2 500. It's about a 20 move for google moving 20! That's nice! Very, very! Very good job, oh wow, look at end phase. Folks. End phase is at 142.

It went down all the way down to 113.. It's at 142 right now, wild all right folks. So this gives us an update on earnings. I'm going to quickly see if there's anything else, no um, no yeah paypal was the big problem.

They're saying they're, talking about a volume hit due to a return to in-store shopping and we know ea got burned as well, but again, uh amd. Google are the ones killing it. Ea is down five point: two: nine percent: that's kind of been stable, it's where it is uh after hours here, tesla's flat, okay, amd's now just over nine percent, also wild yeah. All right.

We don't have a date yet for that uh, 20 to 1 split, uh and yeah. Let's look at sofi here so fi, another ah fintech's. Only so far is only down 1.58. That's actually nominal, and i think square is more of the sympathy play for paypal here.

Yeah, because they're down about four percent that makes sense all right folks, there you have it thanks. So much for being here make sure to watch my video go watch my video right now, if you have not seen it yet on uh on the dangerous report for the stock market, that's the last video i posted and i'll do something similar for these other companies That just reported today as well, alright folks, thanks for.