Hey everyone welcome back. Okay market is selling off a little bit into the close uh. That's unfortunate! Oh, it is the kind of volatility that we're expecting. We had some of this pain earlier today we're seeing a second kind of wave of this pain.

We had this earlier in the week as well. We had a couple red days three days of of red this week. Today is no exception to that in terms of the nasdaq uh are getting rejected by that 50 fibonacci. We are seeing cryptocurrencies move as well.

We recently saw btc and another lot of lines there on the day chart of btc stop btc, get all the way back. Look at this folks to breaking 45 000. As of this morning, early morning, unfortunately, it's kind of rotated down a little bit on just broader uncertainty around that the ultimate impact of rising interest rates - that's really, what's hitting us, now make sure if you haven't yet watch my video that i posted this morning on Good news definitely want to see that good news, especially on a day like today, where you've got a lot of red, but one of the things that i like noticing is look at the stocks that are performing decently today. You've got jp morgan target caterpillar john deere, mcdonald's visa.

Those are the companies that are green today, right, in addition to, of course, some the momentum that we're seeing uh gamestop's doing very well and then the cannabis stocks. But more importantly, i just want to mention that these are very, very defensive, and it's just another reiteration that institutions right now are quite fearful. There's still a lot of fear in this market and, in my opinion, that fear we've said this many times before. That fear is not going to go away for a while, and so that's why we're not going to see those new all-time highs for quite a while.

That's okay, though that doesn't mean you don't want to take advantage of opportunities to buy. One of the things that i like doing is looking at some of my favorites and if they i i personally, i like to write down uh target numbers. So, let's say: if i have written down for trade desk, buy under say 60.. Well, hey it's at 64.81! Right now! No problem! I don't need to buy.

Ah oopsies, i accidentally moved my fib. I don't like doing that. Uh yo pro tip. It's not even really a pro tip.

It's like a noob tip, uh, lock your lines before the x. You know i'm just gon na delete this one. It doesn't matter, let's get rid of that, but anyway i like to have written down. So that way, i i don't get sort of i'm not like hunting like oh, what am i going to do today? It's very prescriptive, like i write down exactly when i'm going to buy something when i'm going to sell something so for trade desk, for example.

That target for me is 60 bucks. If i can get more shares of trade desk under 60, great, i'm well very well up on my trade desk position somewhere between 30 to 40, which is excellent uh. Obviously, today is a red day, though you're down 5.4 just in a day, and it's just another one of the signals of a pretty rough bearish market. I can't really say we're in a bear market because we don't have that full 20 drawdown on the nasdaq or the spy anymore uh.

Now it's like 100 and the s p 500 uh, but it certainly doesn't feel euphoric right. I know a lot of folks. How is it not euphoric that we went up for eight days in a row or whatever it's like? Well, i mean you're bouncing off bottom, like that happens, uh take a look at this: let's go to finance.google.com, let's go spy and let's just do a little bit of year to date, comparing we haven't done this for a little bit. Take a look at this so year to date holy moly.

Let's get this to update here, uh, okay year to date the spy is only down 5.8 percent. It was just as low as about 10 down. Let's drag this here year to day pull this out here. Look at that 12.71 percent down bottomed out on march 14th, and what i really like seeing is that you've almost got a triple bottom formation here on the spy.

Look at that fab. The 23 24 23 24 right over here that that's because we kind of started rallying again on the the day of the invasion, which i know is wild, but then you did get lower levels on the 8th and the 14th. We go over to qqq uh. We see a similar on the year to date, with the exception of the fact that q2q is down 11.22 uh year today, but you see these similar bottoms around the similar dates here and uh.

In my opinion, these these are relatively strong support levels. That's why i've drawn my zero percent fibonacci's here, uh and anytime. We can really buy uh under uh that about 23 ish percent fib uh, i'm a buyer, i'm a buyer in that level. I love it uh.

This doesn't mean things can't get worse, but we've already got so many uncertainties. I mean there was a commenter earlier who left a comment, and i thought it was. It was a really good summary that they left - i said hey here here - are just some uncertainties that we've got going on right now: saudi arabia, large oil field attacked by missiles causing large fire north korea launching an icbm with range capabilities of hitting all of the Us right i mean this is how many times over the last 20 years have we had north korea rattle their saber right, ukraine, russia, war, lasting well, continuing here, right like when? Is it going to end? In fact, it's one of the headlines we're going to take a peek at right here is we're going to talk about the tambus a little bit uh, obviously, inflation very very high. Fortunately, we've got some anchoring of that inflation and the inflation expectations, but a lot of fears about rates rising much faster than expected and those commodity prices staying higher for longer.

And so that's why we've got that red across the board. Today, you've actually got red and gold in 1954, but here you go look at that right back up here on brent. This morning we were sitting at about 116 on brent, almost back to 120 here, seeing a lot of movement around this 115 to 125 range. That is, we keep kind of bouncing within that when we ran up to 130 140.

We came back to that range. When we ran down to 90. We came back to the 115 to 125., so this seems to be the area that, if you stretch above it, you sure, if you stretch below it, maybe you actually go bullish on oil right because we keep going we're pretty. We feel relatively range bound, so uh yeah.

You know a lot of things to consider here in this market. It's definitely not the kind of market where it's like. Oh that's. It take out all the margin and go all in it's, not the kind of uh of behavior that i would actually really ever recommend, but certainly not in this market.

I'm much more of a fan of take the money that you have money that you don't need for taxes or other purposes, find good entry points get in and stay in unless, of course, we have any kind of massive federal reserve u-turn. That says: that's it. We need to force a recession uh in the the facts of that the details of that will become evident well before the fed actually does force a recession, and that's because we know oh, i froze there for a little bit there we go stupid, yeah thanks and That's because the federal reserve uh has told us exactly what they're looking for unanchored inflation expectations uh. You know in inflation, not inflecting down in that three to four months time frame that we're expecting we're.

Not i don't think anybody's really calling inflation transitory anymore, but it certainly shouldn't be, but it will go away eventually, it's just a matter of how long and uh, if it doesn't start ticking down in three to four months. We're gon na have problems uh mortgage rates already going up. I mean this is old news. I've been talking about mortgage rates going up for, like the last.

You know eight weeks now, uh and suggesting that there's gon na be a lot of pain coming for the real estate market, in terms of just rates uh and so uh that that's exactly what how it's playing out. That's how uh, anyway, we'll keep keep an eye on that yeah. They can't froze there for a second any. It's because i tabbed away there for a second anytime i tab away.

It does that. I just just don't have a way kevin, it's very simple uh! Anyway, all right so uh, as you know, i do have to just quickly mention that uh. Yes, there is a coupon code, expiring tonight uh. Yes, there are often other coupons, but the price always goes up.

It goes up in a in a straight line and the sooner you join and get lifetime access to the programs. I'm building your wealth from the private course member live streams with me, uh the lower your price is so, let's take a peek at uh this here. For a second russia says, dombus is ukraine's focus possible shift in a military comments, may be effort to cover slow progress of war. Let's take a listen to this here.

The russian military said it's focusing efforts on taking control of the donbus region after a month of fighting, that's yielded limited territorial gains, keep in mind. This is one of the demands coming from vladimir putin that hey he wants to carve out the donbas, and he also is demanding that ukraine recognize crimea, the illegal annexation of crimea, uh and uh and, amongst other demands about uh. You know financial times put together a list of about 15 demands, uh, nato neutrality or actually no nato, and then ukrainian neutrality, i should say, is the better way to put it uh. A quick note here.

I just got a note coming across the wire here. German chancellor schultz says russia's strategic situation will deteriorate more as more countries to try to become independent of russian energy. This is a big discussion happening in europe at the same time, so it kind of feels like you've got russia getting pushed over to the donbass region. So they're kind of pulling back, i mean they're getting kicked out of like the kiev area, i mean they're getting wrecked, which is wonderful.

In fact, the new york times did this incredible expose yesterday on on on just how the russian military is just bluntly, failing uh about how uh you know, they're, not using encrypted radio communication channels. As a result, people can eavesdrop on them and they're hearing the military. Just panic with with a lack of coordination, now you know you always have to wonder like how much of this is just propaganda to show like russian incompetence or whatever versus how much of that is, is just cherry-picked, you know or or a combination of of the Two right uh, but uh, you know in terms of russia's ability to actually control cities. The proof is in the pudding, they're not doing too well, but anyway, uh take a look at this.

This is potentially a sign here that moscow may be backing away from hopes of taking larger swaths of the country uh and, as they say here, the key led forces have halted the invasion in many areas, moscow's most detailed official accounting of its military performance. Vladimir putin announced uh well, this is that's. That's a little bit old news: okay, denotification the demolition stall drive okay, so here's just map uh. This is really what what russia wants is they? They really would love to carve out a whole slice over here and kind of almost think about it like the way i think about it is, and it's it's not the best example, but it's it's a buffer zone right, it's kind of like north korea, if you Think about it.

You've got china above north korea and then you've got uh. You've got south korea below right. South korea is obviously a big ally with japan and the united states. China obviously wants to distance itself from the united states, and it's interesting that north korea actually serves as a buffer between the two and so the more radical north korea seems.

That's it we're testing icbms or whatever the more the focus is on that buffer rather than on china. Now this is very different from the donbass. It's not like the donbass would ever be expected to have like weapons and like some crazy dictator, that's going crazy. But when you have someone crazy in the middle of two people that don't really like each other, the focus is on the crazy instead of each other.

Right uh, you know so it's i don't know. I think it's kind of kind of interesting, uh, they're, very interesting uh anyway, so uh wow uh, that's uh. I joined oh there you go 50 through that's awesome, aaron dean! Thank you! So much for the shout out. I joined last month the stocks in psychology money.

Of course, i'm a little over 50 through love the course highly recommend getting it. If you want to improve your life, that's amazing, yeah. You know, there's there's uh, you know. Obviously there's there's been some uh uh.

You know there have been some people commenting things like. Oh, the only thing you learn is by the it's, not true. It's like totally, not true it's. So it's kind of interesting.

Sometimes you see comments. It's like you can clearly tell who actually is in the course and who's, not uh or or watches the content. So it's quite interesting, but thank you for that. I appreciate that love your enemy because they never change it's an interesting way.

To put it. Yes, uh. The neon supplies are absolutely an interesting uh issue: uh for uh for ukraine; absolutely absolutely uh. Okay, so uh opinion on food shortage, fear to peak or pass before, but yeah.

It's an interesting point: uh the food shortages and when we get that sort of peak inflation hit, probably isn't actually going to hit us for about six months. The the bene, or i shouldn't say, benefit, there's no benefit to this. The best case scenario would actually be that this war collapses and ends by may, which i expect it to my thesis, holds that this maze. Oh, this war is over by by the end of may, and ukraine's already alluded to the fact that this war will likely be over before uh may even comes around.

I made my assumption before they did uh or at least publicly release theirs, because i don't sound. Like i'm just like copying them, but that was sort of my estimate of the situation and more and more kind of reiterates that uh and if i'm wrong, i'm wrong. But you know look. I've said this before it's better to make a prediction and then, if you see changes going in the opposite, oh i froze again.

Why is this i? I could tell you, i'm gon na take this mac and i'm gon na chuck it out the window uh it. It just kills me anyway. At least you can still hear me yeah. So, okay anyway, it's important to make predictions, because if you don't make predictions you you don't know how to identify changes.

You know if, if uh, i make a prediction that the war is going to be over by the nma and things are getting worse, not better. Well, then, that prediction might be wrong, but i'd be able to identify that sooner by making a prediction and comparing right to the original facts that led me to believe that, but everything i'm seeing right now, every bit of research i do on ukraine is that probably Will be done by the end of may so you'll. Have this really weird lag in in the food supply crisis so you'll? Probably, in my opinion, i'm hoping this war is over by may, but then you're gon na have this food shock, probably in like september august uh november, right around midterm elections and uh. That's that's a problem uh for for other reasons, you know uh politically, it's a big problem.

Uh, we'll probably have short-term pain in markets then, but as long as it's coupled with like the war is actually over, we could be in a lot better position then than we are now market-wise. So that's uh we'll see what happens. Obviously the worst thing uh would be if we end up uh still at a war by september october. At the same time as those food crises hit us, you know because we do have stocks and stores of grain and uh backlogged supply of food, that we keep in storage on purpose, for things like this, not just in america, but europe and usually those sort of Emergency supplies that can get filtered into the market last about three months now, after after three months, then we start seeing issues and uh.

The expectation is six to nine months from now is when we probably have peak problems for the food supply, which is honestly worst for people like people who live in the middle east. People who live in uh parts of africa, especially poor parts of africa uh like uh congo, so north africa, even these areas, are gon na - have issues egypt, substantial amount of their their food imports, especially their weed imports. I think they import 70 to 80 percent of their wheat from from ukraine. It's it's insane uh anyway, you know.

I. I think china actually is very uh clear here that uh yeah very clear here that they they they're in a tough spot. They can't help russia that much for risk of getting slammed by uh by the west, and they know that would happen if they helped russia too much so the best thing they could do was just be quiet and and chillax china they've got plenty of their own Problems, uh they've got their own economy on the door of a recession and uh. The last thing they really need is is to create more strife in china all right.

So all right. What do we got here? Let's go ahead and take a peek at the markets. Again here it looks like qqq's down about a half percent and a little bit of recovery there on trade desk. By about a percent, we got a little bit of sort of a you had this belly over here.

Down to about 63. looks like you're getting a little bit of a recovery uh into the clothes, even on a firm, slight little recovery here. Low feels like a low vol day here on on a firm. That's been a pretty rough ride.

This particular one yeah but yeah a little bit lower ball than usual here, so keep an eye on that and uh yeah yeah, honest still down about 20 there after those earnings. Mq is another stock, a lot of folks keeping an eye on for uh consumer credit cards, private labeling. If consumer credit cards neo still down that full about 10 here, although not trading substantially lower than where it kind of has been, and this 20 range seems to be a pretty decent support, although we did go down to 13 for a very brief period of time Before that fed meeting, in my opinion, that was just because of a pure lack of retail, buying pressure, retail, most heavily capitulated at the beginning of march, leading to some of the lowest levels of stock prices that we've seen and those those really created opportunities for verbatim. You know because there was so little retail demand, and so you saw a lot of especially retail stocks got hit very hard there pretty hard etsy news, ukraine, etsy sellers, have seen their accounts closed with no explanation.

That's interesting, yeah! That's something to keep an eye on! Uh nicholas still trying on the delivered mobile charging charts interesting uh does tattoo chef skyrocket when the food shortage comes. I actually don't think so. One of the issues that you have is tattoo chef is very input. Cost driven and the food business is already extremely low margin, because if you raise prices, people buy other stuff.

If you uh, if you don't raise prices, you end up getting screwed by compressing margins when it's already very expensive to not only ship ingredients from italy to the united states, which is something they talk about doing shipping some of their ingredients over, which is a huge Problem because shipping costs have gone through the roof, but on top of that, your input costs like canola oil, soybean oil, sugar, even milk. All these things are getting ridiculously more expensive. So probably one of the last places i'd want to be right now would be uh uh, something like a ttcf in the short term. You know, maybe in the long term it'll do well um.

Does this investor know that they're actually profitable companies sebastian not garbage talks about oh matthew, wilson, matthew wilson has a little owie wowie in his butt and wants to be a little meanie baby? Oh really! Really because trade desk isn't profitable because tesla isn't profitable because apple isn't profitable, because nvidia isn't profitable all companies. I have massive positions in that make up the bulk of my portfolio. Yet you want to pick one of the companies that have a smaller position in like matterport and a firm and go up, see garbage companies they lose money. Have you ever heard of companies that reinvest to grow their business? You know business is not a bad business because they're losing money in an earlier stage of growth that doesn't make a business bad i'll.

Tell you what does make a business bad, paying high premiums for business when growth is stalling, trends are falling and they're unprofitable. So, for example, if uh you you look at uh, i mean. Quite frankly, i mean we looked at the earnings a couple days ago. Uh and i don't want to keep banging on it, but we look at the revenue growth.

The tattoo chef is bad for the amount of money they're spending on marketing, which was originally the reason i sold the companies. I said i don't think they're gon na be able to market their way up to higher revenues. So far, that's been a correct prediction: they're spending more money on marketing and we're not seeing the revenues go up the way they should right. Those are concerns.

Now you have money losing companies that are showing a lack of growth or or deceleration growth. That's a problem! That's a problem but matthew's. Just to karen it's okay, you know there have to be karen's matthew's the kind of person who comes and leaves a comment on the channel in january, going you're an idiot we're in a booming economy and uh. Then then, you know three months later, hates me for for uh for for uh.

You know uh doing that, but then they end up doing the same thing so at much lower prices, matthew's just butthurt, so all right. What else do we have here? We have disney disney actually holding up today and if you look at the search trends for dis, it's really really incredible. What you're, seeing for uh for the growth of this sector here and you're, seeing that flight to safety a little bit in apple? Look at that apple 174. Again, that's crazy! Uh! That's that's a that's a wild move.

I i just picked up uh about 1.4 million dollars of apple at 152 and i can't believe it's already at 174. But it's it is interesting. You are seeing a a preference towards uh the mega, the large caps right, large caps, mega caps, mids and smalls, consistently lagging the more yields, go up, the more the mids and smalls are getting burned. It's just not a good market right now for the mids and smalls, and so like monday, is a great company with a lot of growth.

But it's getting reamed it's down 12 today. Does that make it a bad company? No, it's just the mids and smalls aren't where people see a flight to safety same thing with matterport, it's just not where folks see a flight to safety right now or an opportunity to be in equities, but then be safer, you're better off taking for well, certainly Something where interest rates are going up, in my opinion, taking taking money from, i hate to say it, because i really like sofi. But if you're looking for less volatility and safety, you're better off taking money from something like a sofi and throwing it into like an nvidia tesla or an apple uh, because because of the way the market is trading now, but that would be a trade and the Expectation would be once we get back to a more risk on attitude that maybe we actually start seeing larger advances in the smaller caps, we're just not seeing that right now. So, on those red days you get those exceptional declines in the small and mid caps and and smaller declines and the large ones you know adobe tesla down about half percent, although adobe, when they reported earnings, it was a little poopy, doopy uh, but uh anyway.

In the nvidia trade was over yesterday yeah i was so i bought. I actually uh. Somebody asked me in the comments. When did i buy nvidia? I bought 5 000 shares on march 24th and 2 000 shares on sorry february, 24th march, 2nd, that's uh! That's what i bought my seven thousand shares of nvidia.

Of course, all of my trades are always posted in the stocks and psychology of money group, so you're always welcome to uh, see my trade history. I post those within you know i i oftentimes i even post them before my order goes through. I just like i put the order in and the order is still open and pending and send the alert. I just want to send it as soon as possible.

So right here was uh the march 24th. By that i did at 5 000 shares of nvidia. You actually did see it rotate down a little bit more uh. I think my next purchase was over here at 3-2, so 3-2, we were sitting about 2 39 and uh.

My lar, that was my 2000 share purchase and my larger 5 000 share per purchase was over here on feb 24th, which was around 2 15 220. man. I think it was 220 right there when i bought it, but anyway you actually did see nvidia rotate down a little bit more. It went down as low as 206 over here uh, but but has since exploded.

So this is another one where, if i could get more bites at the apple on nvidia, i'd be happy to take it uh similar similar story with en phase uh tesla. You know the more bites of the apple i can get on these, the better uh apple's. Obviously done done some crazy writing and i'm not a believer that the uh oil rally will last uh. Certainly i mean once war ends: that'll rotate down apple pays another round of rare 200 000 bonuses to some staff, wow, okay, uh; no, don't uh! No, don't know anything about aso er.

Let's see here, i'm really not looking to expand into new stocks right now, uh, you know academy, sports and outdoors honestly, i've never even heard about it. So i couldn't even speak about it right now. What's wrong with kathy woods, do you think i actually don't think that anything's wrong with kathy woods. I think she is doing what she has always done best, which is making bets on on innovation and ultimately on deflation, but every good investor goes through periods of of substantial pain.

I mean there are substantial pain periods for value investors, substantial pain periods for growth, investors, sometimes for innovation, investors, so everybody kind of gets their turn right because the market's constantly rotating uh - i personally don't like trying to chase that rotation. I i really don't like selling and trading out of the larger portions of my portfolio. I've always been a very much uh buying huddle, my my core, 80 percent. Obviously i i made a bet that the macro economic situations can we're going to worsen between january and february and march, and that ended up being right, uh, but but that doesn't mean everybody should do that.

I think the best thing to do is quite frankly, for most people is to mostly have a basket of index funds and uh if they want exposure to to uh individual sectors. Maybe maybe pick those, but you know you can't be perfect with all of your. Your buys, but you know the beautiful thing about america is you could do whatever you want uh? Oh my gosh look at the explosion on clever leaf today. You know we talked about clever leaf wow.

We talked about clever leaf this morning. This is incredible, and this morning i talked about how maybe there would be a play to invest in cannabis, companies and sort of ride the hype of congress passing something and intraday this company just doubled. So if you look back at my morning, livestream you'll see exactly this. This is really quite incredible.

I mean jeez. Imagine if you had options on something like this uh. I mean yeah. Look at this uh.

What are we options over here? Look at this 500. 1000. I mean you wouldn't have the liquidity to do much with options here, so you probably couldn't get a lot traded, but some of these options up a thousand percent. Today, that's 10x on on this insane movement here on cleverleaf holy moly.

That's really i mean congratulations. I mean jeez uh if, let's just put it this way, if i had bought clever this morning - and i put say 50k into it or whatever and it doubled to 100k i'd be like thank you very much. I am taking my attendees does, doesn't you know it? Can obviously move move more uh and it's worth knowing that, but uh wow, that is, that is pretty incredible: uh arc energy and commodities etf that'd be interesting. Let's see people need to give her a break.

I agree uh, you know kathy, what's green? No! No! I! I support kathy. Let's see here, uh do i like ada, yeah cardano, absolutely so uh, that's the only cryptocurrency. I have right now, with the exception of some smaller positions and like private equity yeah, but uh yeah. I'd also consider staking my ada, of course, how people manage time with the course and full-time job if you're joining uh, oh uh, yeah, okay, so question on joining the course with with a full-time job yeah.

One of the things to keep in mind is uh. You want to sort of pace uh there we go hold on it's frozen again, i'm just gon na open up a tab. You want to pace, in my opinion, the way you go through it. I think the best thing to do is usually set aside.

20 minutes. A day either before bed or when you wake up in the morning as you're getting ready, you know you know and uh you know brushing your teeth or whatever and you're getting ready. I think that's always a good opportunity, so you want to pace that out. Shout out to those of you joining the course today.

Do you have that coupon expiring today, let's go ahead and listen into the bell so positive here on the week up 2.3, so a second week in a row of resilience for the overall market, despite some weakness in the small caps nasdaq. Look at that recovery there. We actually rallied there on some of the indices in a row. That's going to do it for me on closing down have a great weekend now into overtime with scott wow.

Wait what that's incredible! Let's take a look here for a moment. Yeah! Look at that holy smokes. We we full-on rallied into the clothes uh. We we, i mean the by the dip bio dip happen at the end.

Remember retail is most active at the beginning of the day and the end of the day. That also does coincide with oftentimes institutions executing their trades, and this looks like a bullish move here into the indices. We we were all red when we started this live stream and now we're at uh up 0.44 on the dow up 0.51 on the s p, the nasdaq only down 0.16. This is actually a pretty incredible little rally into the clothes here.

Weekends got shaking out of the market; there you go uh, you got ta, say being a growth investor on days like today is incredibly frustrating. It is yeah, it is really. It can be very, very frustrating, absolutely there's so much good info in the course. I bet people had dreams about kevin the first week.

I appreciate that. Thank you for that uh, okay, so i want to understand this a little bit more. Let me see what moved here into the end here. Look at that even the little rally here on tesla right into the clothes: how about how about some of the ones that were getting waxed today? Uh a firm yeah, even a little firm rally there into the clothes uh lemonade uh! No, i didn't really see it on lemonade trade desk a little bit of a recovery.

Let's look at a spy here. Yeah spy had that rally into the close spy now officially closing above that 50 retracement, it's pretty awesome, uh lawrence gray, says racist wow. That is that's i mean somebody. I don't know who you're calling racist but uh.

That's kind of sad to see you come into a stock market, live stream and just spew hate you got ta be uh. You got ta, be a real sad person to do that. I had a dream about kevin being a college professor me too, mortgage rates knocking on the door of five percent, absolutely uh, i'm really. I am really your fan and when you were not doing public live streams, i got destroyed in my investments.

Now i feel relaxed. Oh thanks: what's up rudy with hiti crypto tendees? What's up my crypto journey thanks for the 50 donation, that's amazing, um didn't dream! I was too excited to sleep because of the course. Oh stop uh. That is funny uh lauren's uh a beta! Oh! That's it! What one eyes wants attention too? That's it now now uh, oh no, i froze there.

We go stupid computer. I blame it. I blame my computer uh thoughts on paypal, yeah, so all financial service stocks. I i am personally nervous about uh and i'll talk about matterport.

As well, but i am nervous about the financial services stocks which uh you know, i i i will say sucks uh, but i do think the the consumer ones like credit card companies are what make me more interested like that's. That's. Where probably the only place. I would want to be right now.

Is credit cards uh not necessarily marquita, because you do have that small mid-cap issue with this one, but i'm interested in visa, for example, because the spending on fun is is just ridiculous right now now that could inflict down, and so you want to watch the google Search trends on fun spend uh. You know, restaurants near me, casinos near me, whatever right um, but uh yeah paypal going into this lending environment. It's it's not a time that you really uh are expecting a lot of individuals to open up new accounts that cash app paypal, uh robin hood, the brokerages. I think it's a it's gon na be a rough time for the brokerages and uh.

You know. Obviously, paypal drives some revenue, as so does square from from brokerage, so i'm not highly enthused, but they're great companies in the long run a matterport is, is going through and this is a tough thing for matterport and we always knew this was coming they're going through A transition of making a lot of money from hardware selling their cameras to to now going to just trying to sell the service, because the hardware is now virtually in everybody's phone, so uh yeah, it's incredible would love to have you in the courses welcome aboard. Let's see here do coinbase and shopify as long-term investments, so same thing with coinbase uh of what i've just mentioned. One of the issues that i have with uh shopify is: i am worried about consumer discretionary right now.

Do you think we're going to get some some pain and consumer discretionary uh all right? Let's see thoughts on chip, designer makers, uh, love, nvidia, qualcomm, don't know much about av go and uh tsm. I think the china risk is overblown for tsm, and so i like it, i like tsm yeah coinbase, has been rough. Remember one of the things to keep in mind when it comes to coinbase uh thanks for the five dollars on ggpi. Personally, not the biggest bull on ggpi, i hate to say it, but um yeah, one of the things with coinbase is remember: they're, trying to shift from transaction based revenue to uh to sort of secondary forms of revenue yeah, and then this happens as there's more competition.

In the industry, though, obviously they're getting a lot of competition from like ftx and other companies uh, and so this is uh. This is quite challenging. In fact, this sounds biased now, but this is the perfect place to say it. This video is brought to you by ftx.

If you want to get free cryptocurrency on every transaction, make sure to check out ftx go to metkevin.com ftx download their app and uh. If you want, you can use code, meetcav and they'll ensure that you get that free crypto on every trade that you make uh over at ftx, but anyway, that kind of competition is, is, i think, it'll hurt coinbase at least for the short in the short term. You know in the next six to twelve months. Give me an interesting transition.

No it the the china taiwan risk is overblown. I was referring to tsm. I want semiconductors. Why do i keep freezing? What is this? It's so annoying kevin should fire his barber.

I can't fire myself, i just can't yeah, i don't like wreaths, but stay tuned i'll have more coming out on reads. I really just like syndications, i think syndications are uh a ripoff post-it says something was inappropriate. What was inappropriate? 3D printing companies? I actually don't like three 3d printing companies - they're, not they're, not for me. Would i bring sam from tattoo chef on yeah.

Absolutely, i would do that bought the course today. Happy to see about your short-term plays eager to learn about options. Well, welcome dave thanks! So much for joining not going to interest right now or wait for home prices to draw, i mean, i'm always a fan of not trying to speculate on the interest rates they're gon na. In my opinion, they're gon na go up for a while, but you could, in my opinion you know only get a loan that you can afford.

You're gon na pay higher rates now and uh and don't expect that you will always be able to refinance. But hopefully you will be able to in the future and get those back down platforms like m1 finance and those investment platforms tend to only yes. This is true. You do have the trade windows with m1 finance, but m1 finance their market share is is substantially larger than like robin hood or uh.

You know some of the other companies. Are you getting arrogant on your predictions? Uh i wouldn't say arrogant on predictions. I think i recognize that you know i make a lot of predictions uh and so far they've worked out uh for the most part, and so i'm very happy about that. But uh it could always end up being wrong.

You know we talked about a firm in this one. You paid off a third of your course. The first day with zim puts let's go john. That's awesome, uh good for you happy for you, oh yeah.

The only stock i'm down on right now is a firm uh. It sucks it's the only one, i'm down on right now, not much well, actually, no like six or seven percent. It is it's a good chunk right, but uh. Every other position i have is up.

So i'm really happy about that. So calls on how to you know, i'm bullish on crypto uh, i'm i'm bullish on crypto, okay. So so this augustine. This is not what was said.

This is uh. I understand that there's uh. There are some folks who who have misinterpreted this uh and i've addressed this in comments, but i'll i'll address it live here. I did not tell chicken to go to communist china.

I did not say that i said if you as a viewer do not value competition. Then you should go to communist china and enjoy communism there right, because i was advocating competition that the free market worked so well because we have competition. I wasn't telling chicken genius to go to china. That's not what i said uh i could see.

I see the confusion uh but uh, it's not what was said and if you watch the last, you know what i have 30 seconds of that video again. I think that becomes clear with my extra explanation here, but no, i wouldn't advocate anybody move to communist china. I i think it's a terrible idea. Oh you paid for your course with the play earnings.

Oh that's awesome! That's awesome! I remember that play move uh. The team call options. I don't know what you mean with team, but i do call options. Uh lots of options.

Uh, usually smaller options. Would you consider buying upstar uh? No, i think it is a trader stock and i do think you can um. You can make money on it, but you just have to be careful just lending again. This is like all about lending.

I i don't see good things in the future here for upstart, ignore the stupid weenie baby haters, we're flip-floppers, we flip to prevent losses and flip to buy pain and flippity-floppity-fly. That's a good one. I appreciate you saying that there is a discount code for current course. Members - and you can uh ask about that in the uh uh in any of the the discord chats.

Oh i'd love to have jensen on that would be so amazing that would be really cool. Uh that i i should reach out goal is to become an accredited investor. I haven't been able to get deep into them. Wondering content is very uh that they're wondering wondering where you'd focus on energy tesla and end face not financial advice.

No, no uber! For me. Uh, i actually really agree with what the um, what brett winton over at ark says. I really liked what he said. Uh he says uh, you know you, you can't.

The problem with uber is the way for them to make more money is to charge more fees because they're not profitable right, so so they have to figure that the whole margin issue out and it's just not that's not innovative, just charge more to make more right. That's that's not really an innovation, because you're not providing more value for the higher fees that you're starting. It was a very interesting discussion. You should watch it.

Stepsis myepsis wants to know kevin. Can you rent me my garage till i recover from honest my bonus very bad food company? Tattooed truckers voyager my voyager. Beyond my meat oatly, the goat lead corsair. Oh my gosh! These rhymes are bad stepsis, my abscess.

Oh my gosh, um yeah i'll rent. You my garage, my garage, is available right now i'll take care of. You is your course, one time fee or monthly, it's a one time just one time fee, and then you get lifetime access. So when i add new content, look like see.

Here's the thing. Some people bought my programs two years ago, three years ago or in 2017., i'm still here right, and so they got in a lot lower prices. But the cool thing is, we don't know, what's going to change in the future, let's say: there's a real estate crash. You know you're going to get the updated information on that and my thesis on that in the course member live streams.

I'll say: there's uh, you know, i don't know. Stock market goes nuts in either direction or whatever all my first thoughts go there but yeah. It's a one-time thing mullen squeeze. I don't think so.

I think right now the attention's really gone to cannabis and so remember that when that momentum moves it moves, oh man, it got whacked. Today i told i tell you look, i i don't want these stocks to go down, because i i know that some of you are playing these and i don't want you to lose money. But when i say momentum when it goes away, it goes away fast. You got to be careful on these, i mean i've been saying for three days now be careful on mullen.

Set those trailing stops, it doesn't mean it can't run again, but no, no, no generally squeezes don't happen. So this this whole, like concept of short squeezes, does not happen. Uh. What happens? Is retail gets invigorated by the idea that he squeezes possible and so more retail comes in sucks up the order book, but actual squeezes are much less likely, even though that is an unpopular opinion, people get mad at me for saying it.

It's true, uh, yeah, kim frost, gerber well ross is really excited about it. Thank you kevin. You are meat, breath yeah, i i actually. I don't know if that that i mean is that is that really that offensive, like you know, if, if you're like, i mean like what, if it's like, delicious meat like what, if you're like having hamburgers together, you know, like i mean i guess, if it's garlic It'd, probably be not such good breath anyway, you ever thought about selling course access as nfts.

No, i think nfts work really well for events, but it's interesting. I mean accredited, it's not something that that is very complicated. You could just google, you know investor accreditation uh. It's really either income solo income of 200, 000, 300, 000.

As a couple or net worth over a million dollars outside your personal residence. We will probably have some opportunities coming up for accredited investors and we'll start with course, members and then the others would be people who would sign up to medkkevin.com series a you could go there. It's free to put your email in there. Just you'll have to wait about 60 to 90 days to hear anything, probably i would run a half marathon yeah, in fact, probably after this uh, i've got a couple more projects to finish here.

Let me go to run and then uh we're doing a a later course member live today. Sometimes it's very rare that i reschedule the course of my lives, but some people like that, because it gives us an opportunity to get people at a different time. I used to do public speaking uh. Can i credit this five dollar donation to your course purchase sure email, us after you buy it, even though youtube just took 30 percent of that i think cardano is a phenomenal technology and they've got and it's i really uh.

I have a lot of faith in charles uh hoskinson uh, even though he doesn't come on my channel. It's okay. I still have a lot of faith in them. I like what they're doing i like their technology, uh yeah, and i like it more than ethereum, although i i do have a a good place in my heart for for ethereum.

Will the course prices go down in recession. No because it wouldn't be fair to people who joined before real estate course or stocks course. First um it. You know it depends where you are.

A lot of people just bundle both of them together, but you know in in this market. I'd probably start with stocks and then but i would want to prepare for shopping in real estate, so i might like, if you like, the stocks in the first you know month or so, grab the real estate one and try to get through. All of that by the summer, because i think you're going to want both of those skill sets you're going to want a lot of real estate skills. Come uh come towards the end of this year.

I think so. I think they're going to be some deals. Some deals to be had no guarantees we'll say: can you explain how my lender told me not to not pay the refund closing payment to hold it since it'll take longer to make it? What can you explain how i have no idea what you're saying hector? Sorry, maybe you could rephrase that one, maybe it's like a forbearance thing or something like that. Uh options are in the stocks, insight course and we're adding more content to that as well.

I think uh next, the weekend coming up now is planned for wealth course and then we're gon na have we're going back into more options. I think the stocks course is like 550 bucks or something like that. I'm a firefighter from in california. My wife is a teacher.

She makes 65k make 100k, we inherited a 1200 square foot home. Should we rent it for 13 to 1500? Oh, we could rent it for 13 to 1500. Should we rent it and buy a house or, what's your opinion um, you know what i would probably do is. I would probably move into it.

If you can, i don't know if that's an option move into it and uh, especially if you're renting right now and then refinance it as a homeowner occupant, because you'll get a better rate and loan terms with that, and then i would uh. I would potentially take some of that money and invest into a rental property like a good deal, but i would be patient. You know, be patient, wait for a deal, accepting people to live with me and load investing! That's funny. I cannot see the value of nfts.

Maybe i'm old, i actually don't like a lot of nfts either. I think the only nfts that make sense are ones that give you access to something: yeah yeah yeah tickets, like it like a ticket. Exactly i know i. I will pick up more ttd under 60.

to be interested in making videos on private companies listed for pre-ipo. Maybe i mean i'm not uninterested in it. I do have some talent here. Okay, i do want to see briefly how the market is behaving right now, because obviously today was a little bit of a rough intraday, but it's really relaxed here, which is nice uh, let's see here, let me just sort by after hours are komodo's up another four Percent here in the afters i got ta post my arkamoto video um cloudflare 119.

end phase, not much substantial movement here in the afters now clever was insane smile, direct delta. I mean it used to be like a 10 stock right, which is crazy. We used to trade that yeah it's incredible. Okay, so yeah firm had a little poopy doopy day today, but it actually didn't end that terrible 5.89 almost back over 42..

Well, that's the only one i'm down on oh well! How about tesla and cardano is uh sitting at 109 right now, so look look. Take a look at uh, oh yeah! Here's tesla nice run into close, really really cool. 10. 10.

Now my clever calls are printing yeah, no kidding uh yeah advice to buy your first rental property. If i want to rent one, i currently live in yeah, that's a great way to get your first rental properties, rent the one you currently live in and then go find a fixer-upper for your next one to live in right. Google at these prices. I agree with the limited supply for btc.

I think that's really neat. I like that a lot, but i don't think it will replace the dollar google yeah nah, probably not uh in this market. If you have just 10k to invest, i probably would just go for an index fund until you could find a good deal in real estate, not financial advice. When do i think the 10-year will hit three percent, then three months, three to six months.

Okay, i must go. I will see you all thanks so much for being here and uh we'll see the next one.