Folks violence. Incoming Number One: We need to give an update on markets data and plays. You're seeing some insane moves in Bitcoin right now and you're going to want to hear what's next. Lots of opportunity, especially in certain crypto miners.

Number Two: Oil is plummeting to new 5-month lows as demand worries start skyrocketing At the same time, oil and gas companies are rushing to do. BuyBacks I'm going to explain why the combination here is a big big indicator of a recession and what some analysis is showing underneath the surface. Number Three: We have a lovely sponsored stock for you today. Ticker Simple Kavl is a NASDAQ trading low float, super small cap trading at around 25 cents and looking to attempt a break into an upward Direction above our red directional SMA line.

A recent analyst price Target put the company at $180 nearly 6X the current share price. The industry is expecting rapid growth. The company has an extensive patent portfolio and this company may be one that you should start your due diligence on as soon as possible. Okay, let's go ahead and get to work so markets continue to hold on around around failed recovery Heights of Late July now a big Catalyst Driving this are the corporate BuyBacks which are surging to new records.

The 4-we average is at now a historical High You look at Wall Street's 2023 year end price targets as of December 19th 2022. While they were expecting the S&P 500 to close at a median price of 4,000 as of today we are trading at about 4,500 which means that analysts expected us to be way way down here for year end 2024, We are now seeing them estimate anywhere between 4200 to 5100. Will they be right this time? Well, you can let us know your thoughts down below. Bitcoin The coin of Bit litcoin bit continues to be the biggest Euphoria story right now now breaking above 44,000 bucks.

The way that I see this is that once we had hit above 30,000 we entered into a new paradigm where Bitcoin committed to trading within a region of 30k to 67k and the next key resistance level within that range is a break above failed. March Heights At around 47,000 if we get past that boom boom boom boom boom, you're going to see a huge Fomo breakout rally now. April 2024 You need to know that's the having of Bitcoin and historically having tends to be a very, very crucial Catalyst for Bitcoin. In fact, this is one of the big reasons that a lot of fund managers and individual retail investors are pouring into Bitcoin Right now.

it's not just because of the pending ETF approvals, but also because historically when you get having all of a sudden massive accumulation happens right afterwards and certainly in the leadup. historically. for Bitcoin after having you tend to see the biggest breakouts into new records and that tends to be a big process and long process and in fact, like we covered yesterday, Alliance Bernstein thinks that this is going to be a process that's going to last into 2025. we're going to see Bitcoin peak in 2025.

Now you can let me know your opinion on when Bitcoin is going to Peak down below. but this is what they're saying in history suggests that you do see Bitcoin Peak after after a having. So that's why you're seeing a lot of people buy in right now. My take? Well, my take is that this rally will continue to add length.

You'll get a nice big bull trap maybe late January that really gets people to fomo in. Then you're going to see a huge take-profit period and a dump. But then all of a sudden that bull trap's going to get bought up really really quickly. and then you're going to get that breakout and eventually you're going to get that having, which then breaks you out to possible new highs.

which is actually pretty insane. but that's just what the historical data and the trend that we're seeing right now suggests. At the same time, you now have Jamie Diamond the Diamond of Jamie coming out today and saying he would shut down crypto if he had a government role. It's worth mentioning that his bank JP Morgan was an early mover with JPM coin, a proprietary stable coin that allows clients to make blockchainbased payments.

I Guess if he was in a government role, he would shut down all the cryptos that compete with JPM. Sounds like a typical Wall Street Dude using the government to screw over their competition. But anyways, with the explosion of Bitcoin you also seeing big retail trading stocks like Robin Hood and Coinbase totally explode, crypto miners are also just killing the game. killing the game right now.

Now in terms of plays, specifically on that 12, the 20 strike calls expiring January 12th on crypto Miner Mara that we called out and broke down. the reason for in yesterday today's video are up some 24% Right now. Yesterday those contracts were trading around $15 and today they are up to around $129 cents at Highs. But this is more than just a short-term trade.

It's a trade on the overall Bitcoin Trend that I believe is going to drive Mara to higher and higher highs. My thesis right now is that by the end of this month, Mara will be trading at around 18 to 19 bucks and accordingly, I Believe this call on Mara will appreciate substantially more before then. obviously ups and downs along the way, but that is how I see this play on Mara So far it's been a solid idea now if you want to learn how to trade options. We do have coupon code launch 50 on our brand new options course we just launched a couple days ago.

I'll put the link to that down below if you want to learn more. but anyways I had some folks saying Charlie I don't understand why why you would think it's a good idea to play a breakout trend on Bitcoin or Bitcoin miners like Mar I Just don't understand it. What if the Bitcoin Market all of a sudden starts dumping or there's some new Catalyst that destroys the cryptocurrency market? Why? Why Why would you suggest looking at bullish Bitcoin bets when it's already rallying. Well, first of all, you got to remember that phrase, the trend is your friend until the trend bends and then it's no longer your friend.

Who cares. Who cares If this trend breaks and we're wrong here, all you got to do is flip to puts it's an easy solution there. If the trend breaks, you got to think about this as a Trader You got to look with Trader eyes and say who cares if it's going up or down I Can't predict where it's going, but I can take advantage of both ways. If something goes up 5 10% breaks a trend to the upside.

All of a sudden you got a breakout play. If something breaks down 51% all of a sudden you got a break down play. It's a beautiful prod process. We love love trading.

The folks that want you to buy and hold. they probably work for the market makers because they're not looking out for your best interest. Anyways, let's move on. So oil is pricing.

In a coming recession, Oil just officially plummeted to a 5-month low from the Berg of Bloom quote. Oil fell to the lowest in more than 5 months as concerns that the market has excess supplies overshadowed a report showing shrinking Us inventories. So here's the dealio folks. So we completely depleted the US oil stockpile during the huge gas price spike last year and into 2021.

But now it doesn't even matter because demand for oil is expected to drop so fast that even with production cuts and a virtually non-existent stockpile of oil, prices are still dropping. When do prices drop? When you're anticipating massive, massive recessionary periods where there's not going to be a demand where there's not going to be any demand. Last time, oil prices dropped this quickly was back in that 2020 crisis when no one needed oil anymore. Reuters explains that oil is dropping largely on demand warries at the same time as the US private gasoline inventories are indeed swelling.

But there's also another situation going on here. and this is actually a big positive. Us production of oil is finally, finally, after years boosting up to pre-pandemic levels. Now, it's worth mentioning that companies aren't spending anywhere near as much cash as they could investing in continuing to increase production.

However, at least we've gotten back to the pre-pandemic levels. There's something to be said there. Yes, it was a slow rise, slower than it should have been because the White House wasn't quick to loosen restrictions. but they did largely do it.

And more importantly, you got a huge incentive for production to increase As oil prices were so high that a lot of these producers were like, we need to get back into this Market But now that prices are going back down, a lot of these producers like we're not going to invest anymore. we're going to focus on BuyBacks Main takeaway right now. If you're reading the news and you're looking over this oil situation, it's not that we have too much. Supply Although Supply is in a much better shape now than it was before, but rather the problem is that demand is expected to come down and crash and burn next year, and thus prices are starting to really, really plummet.

Now, this is a good thing for folks that want to fill up their gas, but it's a bad thing For folks who are trying to understand where where markets think the economy is going to be next year and markets don't think we're going to need much oil. There's not going to be many goods and services being transported around. What do oil companies think? Well, oil companies are going in, their buying back shares as fast as they can so that in my view, they can dump huge in a couple months as the next wave of recessionary fears start. This is something that we've been talking about for the last couple of weeks.

Markets right now are pumping huge, putting a lot of money back into the market, riding this trend having breakouts everywhere so that 2 or 3 months into 2024 when all of the data starts coming out all of a sudden, you got a lot L of fear coming back into the market. They can do a big rug pull and they made a ton of money and then they can rejoin at the next dip. And of course a lot of the individual people that fall for the media headlines are going to be left holding the bag. And it's not going to be a Louis Vuon bag folks.

o no no, no, maybe a McDonald's bag from 10 years ago from Bloomberg Exxon will repurchase 20 billion of stock next year The spring Texas-based company said in a statement Wednesday the day of wins that matches arch rival Chevron Corp o the arch rival of Exxon Chevron those nasty Bass with the little toy cars which pledged to lift BuyBacks after agreeing to buy H Corp for 53 billion in late October Now share BuyBacks are what? Well there are way of companies to say we have a ton a ton of excess. Capital We don't want to invest in the economy because we don't see any more opportunity there. so we are going to go ahead and just buy back our shares and increase the price for our lovely shareholders. I Think right now folks, you have a ton of companies sitting with their Consultants who are paid tons and done of money to say a bunch of.

But anyways, they're sitting with their consultants and they're speaking to these exacts and they're saying now, now it's the time to use your cash to prop up your share price and then dump all your bags of shares in Q1 of 2024. Liquidate before the next downturn happens. Because once the next downturn happens, what's going to happen. Oil is going to go like this.

It's already going like this, preparing for that next downturn. If markets are right and there is a huge downturn which a lot of data suggests there will be, then guess what? Oil's going to go even further down and that's going to completely destroy a lot of these companies. But right now they have tons and tons of cash. So these people are sitting with their consultants and like Hm, maybe we should do BuyBacks Maybe Massive Buy backs across the market so that we can pump up the market.

we can continue to have big money Wall Street pump clients money into the market. and then all of a sudden when you get into the end of Q1, maybe maybe beginning of Q2 all of a sudden, Huge dumpy dumpo. First you start with the pumpy Pumpo and then you get the dumpy dumpo. That's just the circle of life.

What do you think is going to happen next with oil? Is there a recession coming? Is there not? Well, You can let us know in the comment section down below. Okay, now it's time for our sponsored segment on ticker. Simple Kavl ticker symbol Kavl AKA Kaval Brands Innovations Group is a NASDAQ trading low float, super small cap trading at around 25 cents and looking to attempt a break into an upward Direction above our red directional SMA line A recent analyst price Target put the company at $180 nearly six times the current share price. The industry is expecting rapid growth Rapido The company has an extensive patent portfolio and overall this company may be one you should put on your radar and start your due diligence on as soon as possible and we'll explain exactly why.

But I Do want to remind you sponsored stock or not? you always got to be doing your own due diligence on all stocks we present. They're just ideas for you to look at, learn from, and then go off and do your own research on. Okay, so Kavl is in the EIG business, which is of course, an extremely lucrative and pretty big high growth industry. The global market valuation of this industry is expected by analysts to range from some 30 billion to over 90 billion by 2026.

And of course you could say what you want about this industry, but it's big big business and it's a lot healthier for people to use the electronic ones versus the traditional ones which are known to cause a bunch of cancers. And with the growth of of the industry comes a lot of potential opportunities for this company. Harbinger Research just came out with a new report with a price Target at $11.80 They said quote We Believe Fair value for Caval shares is between $173 and $216 Therefore, we maintain our strong buy rating and set our 12-month price Target at $1.80 per share. Now, how did they come up with this? Well, they pointed out that the company survived a very difficult business downtrend in 2021 through early 2023, but is now poised in their view for accelerating growth.

They believe this is because of recent announcements regarding the adding of 1500 New Circle K locations. They see that as the cementing of their thesis that this is going to see accelerating growth into calendar year 2024 and Beyond We expect additional announcements regarding new larger customer shipments during the coming quarters. They also pointed out that the FDA is cracking down on elicit sales which could kill a lot of Cav's competition and give Caval more pricing power in the marketplace if you do a little bit more digging into the company. they've also got an extensive patent portfolio.

In an industry where I mean the more patent you have, the more potential you have because there's only so many different ways that you can make these devices. And if you can lock down the patents that gives you a huge Market here in the United States to sell to and it's going to be very, very difficult to compete with them. But really, this company is specifically exciting and one of the reasons that we accepted it on today's sponsored stock segment is not just because of the rapidly growing industry, but because they are on full cylinders with their expansion if you do a little bit of digging well. in addition to successful shipping to over 1,000 Circle K locations, they are planning to ramp up to 5,000 locations in South Atlantic in the South Atlantic and Midwest regions of the United States and their distribution channels also stretch internationally quote outside the US The company has signed an international licensing agreement with none other than Philip Morris International.

Now you know what I think when it comes down to big companies partnering with small ones. Well, it's a pretty big show of strength for the small company when you have Philip Morris which is a legend in the space. Well, all of a sudden signing a agreement with with them all of a sudden, that's going to be perceived as a big legitimizing factor for Caval. Anyways, moving over to the stock chart.

so the stock has been an aggressive, bearish cycle since hitting 96 cents in the end of June. However, after shedding the vast majority of its share price and reaching lows at just 17 cents, it's now been attempting violently to build off those and this uptrend. Here, this uptrend hither has made a nice attempt at breaking above our red directional SMA line and if that momentum keeps Brewing you could see a trend breakout even higher key resistance levels to watch. Well, first one is October 9th height at 53 C August Heights at7 cents and of course June Heights at 96 Cent Now of course the analyst price Target on this is $180 but in order for that to come true, you'd want to First make the stock prove to you with proof and not promises that it can both break those resistance levels, but crucially also halt those resistance levels if it can't do that.

So watch for critical levels to break out. Start your due diligence and keep this one on your radar. Anyways, folks that caps off today's video, make sure to hit that ravishing like button and subscribe and we'll see you in the next video.