Hey everyone welcome back to another market, open, live stream, so we've actually got some good news today, which is quite shocking that uh both we have one sign of inflation, weakness and another side of some potential job weakness. Both of these are actually really ironically. Well. One of them uh the jobs one.

This is quite ironic that markets would cheer uh higher uh jobless claims. So here's, let's, let's break down the numbers. So here's what happened. Uh we've been having jobless claims on a weekly basis.

Every thursday we get jobless, claims and we've been having jobless, claims come in under 200 000 a week. Well, today, they came in at 240 000. uh. This is a sign that uh more people are, for whatever reason becoming unemployed uh or have gotten laid off or have lost their jobs or have quit over the last week and uh.

Remember the markets want the federal reserve as much as possible to continue to to to take care of markets and coddle the markets with some cheaper, more available money, because everybody loves a little bit of free money, uh or cheap money. Uh and a higher jobless claim. Might imply that the federal reserve should be a little bit more accommodative, so maybe taper uh, you know like don't, accelerate the pace of the taper any more than the path we're already on and uh. Maybe when we do start offloading the balance sheet, maybe we don't have to be quite as aggressive, and so that is very positive for markets, so markets kind of like that, like all right as long as we're not at max employment.

Yet we need more accommodation. So you know fed hey, i mean a higher number of joblessness. Maybe we need a little more accommodation here. Okay, that's one uh number two is uh inflation uh, so many people uh just uh.

I think uh hate the idea that it's remotely possible that inflation has a chance of going down uh, but that's exactly what's started to happen, at least with the producer price index. We had an expectation that producer prices would rise, 9.8 percent uh on a year-over-year basis and remember it's not just the year-over-year basis that people care about it is the month-over-month basis that folks uh care about, and so the expectation was 9.8 year-over-year and 0.4 on a Month over month, folks, look at what we got. We got .2 percent from the prior month and 0.9 or and then 9.7 year over year. Now 9.7 is less than expectations by 0.1 percent, but the month over month, figure is 0.2 percent less on a month-to-month basis.

Uh, you know if you wanted to go extreme with percentages. That's like missing this by 50, but usually i don't recommend that, because when you do smaller numbers uh, the percentages are a little more misleading uh. So it's it's a point. Two percent miss this is an annualized rate of for uh.

Two point: four percent, as opposed to four point: eight percent - that's a big deal. Both of these things are actually quite positive, and so, as a result it seems the market is uh is actually at least somewhat for now, happy uh and that's uh. That does not necessarily have to last we've uh all been through this uh. This nonsense uh many many many times now, where this market has these false rallies and false moments of excitement and euphoria, where you get the feeling that oh this is it this is it uh.

You know: we've had to buy the dip. Uh we've been through the pain phase, but that's it. The pain is over now we're going back to the moon and we're going to into a big rally mode at some point that will happen this year. There will be amazing and incredible rallies at some point.

This year, but i don't know if they're they're gon na be just yet uh. The reason is, i think the markets are waiting for a bigger sign that inflation is indeed inflecting down. Again, it's it's good. It's it's great that we have this inflection point down on the month-over-month basis of the ppi read uh, which is great.

I think markets will really enjoy that uh, but uh here uh, the december pullback reflects declines in the cost of gasoline and food. The prices of services increased from a month earlier, though more moderately, and so these are the sorts of things the market wants to see. Is the uh a pullback in price increases, uh, so uh and uh, and then prices that do go up uh, hopefully at a rate that is not as aggressive as previously. The figures suggest.

Rapid inflation is poised to cool after a combination of material shortages, limited labor and transportation bottlenecks sent prices soaring last year. Now remember this is the producer price index uh, which also measures uh labor cost uh, you uh a lot of a lot of input costs. The cpi represents more finished uh products and services uh, but um yeah. This is this: comes right.

After the uh, the producer pmi read the manufacturing read that we had uh last month that started also indicating slower inflation uh in the manufacturing sector. So this is now the second report to reiterate the same thing, and i think that gives the market a little bit of confidence a little bit we'll see uh over - and this is this is very true by the way, however, the omicron variant presents an upside risk Over the short term to good prices in the months ahead as quarantines and quarantines and illness prevent many from working a separate report, thursday showed applications for state unemployment, insurance were highest or at the highest level. In two months, uh. Of course, cpi rose seven percent, but we already knew that that was uh, the drama that we had yesterday so uh, okay, uh, oh yeah and then uh and then some of the items from the beige book.

They did cover uh some of the beige book as well. The beige book came out yesterday, uh, it is the federal reserve summary of uh. That's i shouldn't say summary economic uh conditions, which is different from projections uh. It is more of a it's kind of like anecdotal surveys of what's going on in each district by the federal reserve board uh, you know reaching out to folks and businesses trying to understand.

What's going on in the market and they'll say things like: oh in the dallas texas region uh, it seems like here's. Here's one thing: the dallas texas region wrote in the beige book that they were having issues finding employees to the point where they felt like they had to hire five people just to find one employee, and that means you have to fire four and uh. They were just really having trouble finding a skill match or a quality match uh in an employee, so something else to watch so uh. Let's see here uh then uh.

The beige book here they their excerpt, was wholesale. Material prices contributed to pricing pressures across a wide range of industries, spanning service providers and goods producers, and one of the things i hate about the beige book is it's: it's relatively unexact, it's just kind of like yeah prices went up uh, so i think that's where We appreciate this um, this report on the uh ppi much more producer price index, uh, okay, good, let's uh! Let's go ahead and see what's going on with the bonds, and we did, we did just see the indices indices at 0.32 for the dow 0.22 on s p and uh 0.28 on the nasdaq bonds, uh 10-year relatively stable here, 1.727. That's not bad uh. As long as this does not skyrocket, the stock market seems to be much happier, for example, on monday, we saw this run to 1.8 percent extremely quickly and we had a nasty money, well nasty money as a result of a nasty monday, uh, bad and rough start To the week all right, let's now go see what we have in individual stocks.

Okay, here we go so, and i do know that uh btc, where is it oh hold on don thanks, god, uh? What i do know is uh. We have bitcoin trying to test 44 000 again. This is the same issue that we're having yesterday a lot of testing and rejecting of that 44 000 level for btc. There we go.

We are sitting right now at 42 000.. This is your day chart here. Nice little rotation from that terrible low of 39.666 yeah. Here you go look at this move here.

This move began at roughly 5 30 a.m and this came in when inflation uh actually showed a cooling. That's from the ppi read now. Doesn't that tell you that bitcoin does not like inflation, we get higher inflation. The thing goes down.

The report comes out with lower inflation. This is what happens straight from 43 700. I mean it's not very straight, but whatever from 43 700 to uh to breaking 44. all right, let's see what we got on individual stocks, ooh virgin galactic down uh, almost 10 percent here i'll - have to figure out.

What's going on with this uh snap uh down three for percent, then we've got some miscellaneous drops here like embryo two percent d, wac, one percent x, being one percent, i mean these are relatively nominal. Declines here doesn't seem like anything spectacular happening here. Let's go to the uh, the upside nicola, with its its maddening swings off of uh ten dollars. It's always off.

Ten dollars i seem to like nicolas seems to be one of those that you could swing trade and it goes to ten dollars you buy. It goes to 11, 12, 13, sell and uh, and back and forth and phase up four percent proterra uh four point: two two percent made a video talking about them yesterday, uh not trying to associate responsibility more just saying if you wanted more information on proterra uh, I think it was a you know. It was a nice nice sort of introduction to proterra. I don't want to say it was like the most terribly deep, but a good introduction to proterra and uh worth worth more follow-ups on.

It seems like a lot of folks enjoyed that we've got uh sunrun sun power, solar we've got about three percent here, so some some solar enjoyment today with uh sunrun, sun power and phase moving nicely delta uh, and it's always so. It still blows my mind that we have such a mix now of how you can have delta airlines sitting over here at up about two and a half percent along with uh the technology companies. It's just so weird because you know a year and i don't know even what what like 22 months ago, it was there were. You always had such a clear distinction between tech and uh the recovery stocks.

That's long gone, though it's more of a throwback. Okay, we did have uh some earnings, so maybe maybe virgin had earnings this morning. Okay, let me see what was on the calendar this morning: uh delta airlines, taiwan semiconductors - i don't think virgin, but delta did report. So, let's find out how delta and uh space you're doing what what happened with space? Why is it down 10 percent, okay, so virgin galactic? Ah 425 million dollar bond offering yeah.

You know it's always when they raise money, that these things fall and i mean the company's got the money. So it's it's not like it's. You know that terrible. You know it's one thing.

It's like okay, we just spent 425 million dollars and got nothing for it. No, it's we just raised 425, but uh market hates that i mean it is a matter of diluting uh. The availability of shares is what it is. It creates more availability of the shares and that creates um more potential selling pressure all right.

So that's virgin. Let's look at delta because virgin didn't have earnings, they just had a bond offering delta. Where is this thing? Delta, delta, o d? A l? That's right! Oh wow, it's been a while, since i've typed that one all right - let's see here - delta uh, wow, 8 000 employees have tested positive for covet in the last four weeks after waves of cancellation delta sees a recovery in 2022, good delta airline, ceo and kova travel Impact the next few weeks will be difficult delta, says: omicron will drive quarterly loss but keeps 2022 profit forecast for on travel, rebound, wow, yeah, honestly flying right now, just sucks all right. Let me get uh, i want.

I want to see the numbers hold on one sec: where are they? My goodness? Oh here we go all right: uh delta earnings, delta uh. Fourth quarter adjusted eps came in at 22 cents versus the estimate of 23 cents. They see a healthy profit in june september and december quarters, so two three passenger revenue came in with a miss seven point: two four billion versus seven point: three five billion capacity was down about twenty one percent again with those stored employees calling in sick uh. Let's see here stabilization over the past few weeks, again still expecting pain going forward.

Yeah, i mean it's actually it's good uh, that uh of all folks, the delta ceo, is suggesting hey, like we got a few more weeks of this pain and and uh, then we're gon na be we're gon na be back to uh positivity, that's good, not ideally Covet positivity, though we want, we want coveted negativity, uh and uh yeah, all right, uh nicola approved by california, for hvip vouchers, huge incentive for customers to buy trucks. Thoughts. Ah, you know uh, it all comes down to having the infrastructure nobody's going to buy a hydrogen vehicle. If you don't have the infrastructure and we don't have the infrastructure, how much tax do members pay for your courses in california? Well, i don't know it's all based on your zip code, so when you check out whatever i i don't know if it uses your ip or your zip, i'm not sure.

Well, anyway, it's probably got to be some combination of that, because a lot of people use vpns now which, by the way, i will say this isn't sponsor. I mean i should probably have a sponsor for this one, but i think having a vpn is a really great idea. Uh. The problem is it's kind of tedious to make sure it's always on on all your devices uh, but you know i always used to be really anti like uh, for example like lifelock uh, mostly because i am a big fan of freezing your credit.

If you don't know what freezing your credit is just type into youtube, like me, kevin freeze, your credit or just google freezer credit everybody who's watching. This should honestly be freezing their credit. Yet the reality is probably only like five percent of you all freeze your credit. Uh, anyway, um, and so i always thought companies like lifelock were dumb because it's kind of like ah you you give insurance and help people after their identity's been stolen.

How about you prevent the identity from being stolen in the first place? Freeze people's credit. You've got a lot better. These companies, they now do a lot of this stuff for you, they'll freeze, your credit they'll provide insurance. If something goes wrong, uh they give you vpns uh.

They monitor uh your your passwords and uh your your bank accounts. I don't know it's pretty incredible: the amount of services these things provide now uh but anyway. So, let's see here, uh, oh yeah, i don't, i don't think uh. If there's any issue with express, there's some there's so many that you could use anyway, redfin back to pre-coveted prices, uh somebody who's writing here, uh.

I have froze my credit for over a year. Congratulations! Somebody here says they bought a thousand shares of proterra nice. We've got uh usd taking it down. Is that true, uh we'll have to look at the dollar index.

Let's see i want to see, i want to see you, let's see oh get out of here there we go so dollar index. Here's your day, let's go to. Let's look at a month, oh yeah, look at that the dollar is actually weakening uh as of monday-ish yeah yeah. That is really interesting.

Uh, a little bit of a rotation down here makes you wonder if it's because uh rates are rotating back to the downside, uh or that uh well, yeah 10-year yields, for example, and uh, maybe potentially a slightly weaker inflation uh. That's interesting yeah! This kind of brings us back to november, let's zoom out a little more one year, i'm not the best with currencies and commodities, but uh, okay, yeah. That is interesting, something to pay attention to a little inflection point here, all right, okie dokie, then. So, let's see here what else do we want to share uh virgin galactic wow over 10, now yeah aydah back over 130 wow solana? 156.

That's a nice ou turn there all right. Let's go see, uh bloomberg! All right! Uh goldman sachs postpones its return to the office. Sell dollar for everything else is echoing across trading rooms. Oh okay, a growing group of investors is betting.

The world's currency reserve has reached a peak ah interesting. Shipping. Congestion is growing at the world's biggest port and uh shippers are making a bee line for shanghai congestion grows at ports as ships divert, let's see, cover delays. Hmm oh covet outbreak.

Oh i hate that yeah this. This is always it's always the covet outbreaks that that in china, slow things down in terms of uh the ports and then uh. Then you get concerned over more inflation. Ever again, unit gets investors to back yawn bond payment delay.

Okay, good frequent boosters spur warning on immune response. We saw that yesterday too, that was great, more advice on masks. You know what a great investment was uh like a month ago was buying n95 mass, which i think we talked about that a little bit yesterday, but it's like they've they've gone from 80 cents, a piece to like three to four dollars, a piece. It's insane.

It's like dang, if only if only n95s have been a mass or i had been been a stock. You know i would take that at like 4x uh. Let's see here, thoughts on the upcoming fed crypto paper. Well, i think it's great i'm excited about it.

I actually think that, and i made a crypto video yesterday touching it but uh. I actually think that jay powell is uh relatively optimistic about cryptocurrencies yeah. So, let's take a look at this elon musk says: tesla isn't in india, yet due to quote challenges with the government uh. I have no idea hm the king.

Honestly, if you're i mean you could try it, but quite frankly, if you're trying to figure out how to arbitrage the sales tax on on a course on building your wealth partially. The priorities, i think, are a little misaligned. I i know if you could save a few percent or whatever, like you, save three percent, it's 12 bucks or whatever i'm all for it uh. It doesn't make a difference.

To me i mean i don't know it's a matter when you get the best price. Try it, but i had no guarantees and - and i wouldn't i wouldn't stress about it too much uh, but but i i've had people go out of their way before they're. Like hey, you know i uh for some reason it it uh it charged me eight percent. Instead of seven point five percent and like there's no way to adjust it, so i just end up just like here's: your half percent, it's like okay, uh, but anyway, uh elon musk, has wanted to sell tesla cars in india as early as 2019..

Three years later, u.s electric vehicle pioneer isn't really any closer, still working through a lot of challenges. With the government musk said on a twitter post, oh okay, it was really just a tweet, got it still working through a lot of challenges with the government asked tesla to avoid selling china made cars in the country and urged the automaker to manufacture selling export vehicles From a local factory right, that would be a big move. Uh a a tesla gigafactory in india, mostly because you'd probably be really pushing that 25 000 car uh. Let's see here so ha ha uh yeah.

Look, i'm i'm all for i'm all for people, people, saving money. Okay, i don't wan na. I don't wan na uh mislead that uh. You know it's something that i found.

That's very consistent, though, in uh in sales, for example - and this is just something to to consider about uh for for everyone - is uh. One thing that i found is sales people will regularly say whether it's real estate, sales, furniture, sales, uh car sales, it's the the people who try to negotiate the most uh end up the least happy with their purchases. It's really interesting and it's it's it's a total psychological thing and it's not. It has nothing to do with with actually ending up with a net better deal or worse deal, but uh.

The the those who who uh um, who at every step of the way or are more uh, frustrated or feel like they're getting taken advantage of or uh, feel like they're, always getting the short end of the stick or trying to you know, do the biggest grind. Usually not always, but but usually the most unhappy. You know. We just noticed that in sales i don't know that might be more of something that that sales sales folks recognize.

I don't know if folks, not in sales, do but uh. I don't even know what why we're talking about it, but anyway, so um, yeah, uh, all right. Let's go take a look at wall street and um nyt see what we got here, all right so nyt. What do we got here? Early signs suggest omicron has begun to peak in parts of the u.s there we go.

That's also very good, uh, very good news. The number of new coveted 19 cases in new york city rose more than 20-fold in december, but in the past days it has flattened. Oh wow, that is actually an incredible graph here, so i don't know i mean there's always this potential and there's always been this thesis that uh, you know, maybe at some point people just be exhausted. They stop getting tested and uh and they um essentially just just assume that they have omicron but uh.

When you see a a sudden flattening like this uh there's no way you're seeing that as a broad-based assumption. This is just lower cases, uh and then look there's still probably you know four cases for every one that actually gets diagnosed. My guess, but uh, that's great. This is very very similar to what you saw in um, south africa and uh.

Let me look at uh united kingdom united kingdom covet cases, yeah, look at that inflection in the united kingdom too. Here's your 30-day rapid surge uh and then a decline wow. That is that's very good. Let's see that visualized here to new york, yeah wow, nice little inflection point that's great chicago, showing that flatness wow in boston the amount.

This is always. I always think this is such a weird thing. The amount of covet virus detected in wastewater, which has been a leading indicator of case trends in the past, has plunged by 40 since its peak after jan 1.. Wow see this is what i was saying like i uh you know i i i i hit this.

The twitter thread uh. Well, it wasn't really a threat. It was more like one tweet, but uh. It was this year right.

The bernie sanders introduced a bill to distribute n95 mass to americans. This is smart. Just two years late and uh, somebody replied and they're like oh, this is great like what are you complaining about uh and then i'm like well. Well, let's see what did i say? Ah, let's see here, oh yeah, somebody goes not a fail.

Cases are highest now than they have ever been, and it's like right, but introducing a bill at the peak of the pandemic is like saying: let's expect the mask to actually arrive six months after the pandemic is over. Like you know it, it takes time to get a bill passed. We all know that it takes. It takes time for a freaking bill to get written and why these masks are just going to magically appear like.

Where are the biden tests? We were all supposed to get tests into our household. Where are those you know it's all? This crap is going to arrive like six months after the surge uh. It's just gon na be a joke. It's a government's moronic and, of course, we get to open uh.

The gift of bank earnings, beginning tomorrow with the likes of jpm, there's the opening bell and the cnbc real-time exchange of the big board. It is regional bank m t at the nasdaq private equity, firm bpg, as david said, celebrating its ipo, the biggest wow. Look at that that's uh! So far, i'm gon na go with 78 percent green uh, the um somebody's asking about ggpi. You know i i don't like ggpi uh.

I i think it's uh and this is not to say that anything about the valuation. It's just simply to say that uh, i i think the stock itself uh is is likely to be relatively unsexy uh. I don't. I don't know that the vehicle has terribly much appeal in the united states.

It's more of a euro play uh and - and i don't want to invest in the european markets, because i think the euro markets are going to grow much slower than u.s markets in 2022. So uh look for the euro market, it's probably a great car uh and i'm sure it's a great car but um yeah, it's it. It um hasn't been something that i've been very enthused about. Uh.

Maybe i haven't given a chance so now, but anyway, uh virgin galactic, accelerating its decline here. Uh now down, uh 11.84 seems like it's yeah you're, getting a little bit of a decline right out of the gate. Uh you've got uh fun, wear and dwack appear like they are falling. You've got shift technologies, falling uh, not a good disclosure.

Yesterday i uh see i sign up for a lot of 10k notifications. It's it honestly, it's mostly or 8k notifications. I'm sorry current reports, uh 10ks are annuals uh and uh. There was a.

There was a report yesterday that showed the ceo. I'm sorry, not the ceo. The the chief operating officer was being offered two million dollars uh to to stay until november of 2023, and first it's like wait was the ceo thinking about leaving, and the second thing was like why in the world, would you not take two million dollars worth of Stock options, as as opposed to two million dollars of cash in in two years, it seemed very, very odd, uh and now there's a lot more to the disclosure about how if they get fired, they don't get this bonus. You know it.

Maybe it's a motivation. It just uh, it seemed odd to me uh. Okay, so, let's see here yeah the crypto skyrocketing overnight was actually an increase in crypto prices. After the ppi report we did talk about that watch the beginning of the video it's uh.

It's very worth. I think watching. Certainly the first five minutes i mean, i think i think i'm good for at least five minutes anyway. Uh, let's see so that that could explain some of the hesitancy on shift technologies.

Uh look at tesla, though uh just rotate rotated down slightly at the beginning. Here still over 1100, starting to see a little bit of the green candle here, but uh still still red uh. Here's etsy kind of a little messy here. We're only talking about point five point, one five percent to the downside trade desk you're at about a quarter of a percent to the downside, solar edge there you go look at it, catch up to end phase or try to play catch up to end phase uh And phase playing uh playing its line again here: 15 5 and uh proterra up three and a third little less exciting than uh the four to five percent.

It was right at uh, pre-market beyond meat. I got an alert, is the highest shorted stock per s3 partners in the nasdaq uh for um, with a short interest of what 37 percent it's wild? Well, it's true, uh beyond mead is is one of one of the highest up there. You know, along with, like shift technologies, tattoo chef, lemonade, okay, well, okay, i thought that was gon na be a little bit of an update here. Come here, 1.2 gigahertz; okay, that's some orders for solar panels for uh sun power and that okay, not that big of a deal uh virgin galactic, though getting whacked here uh.

Now it's dropped about four percent since the open here, hopefully that's not a red flag for the market. More broadly here, uh s, p is is quite mixed again, it not a surprise. We've seen a lot of this uh drama: okay, uh, amazon, microsoft, amazon's moving nicely a little more consistently and do we have any consistency at an apple spy, no darden apple uh, it's just such a an inconsistent morning again or inconsistent morning. The pre-market was was much more consistent and green, and now it's like.

Are we getting those spark lines? Rotating the downside, again, rivian down three point: five percent: it's almost under 80 bucks. Didn't we go to 79 at some point. Let me see here: oh yeah, riven's not having a great morning. Oh yeah, look at that.

We went to 75 at one point and we've kind of been trending towards that. Hmm smaller caps seem to be getting hit again here. Expi redfin, these guys moving down a little small caps, are consistently the pain points and fintech fintech and small caps. Those are your pain points in this market lately at least okay uh portera back to ford and half all right cool.

So uh, let's see here, let's uh, let's go see what else we're doing so we got cnbc cnbc, uh, indices relatively stable. Then we've got buying more square. You know i like square, but no not right. Now.

Uh 1.73 on the 10-year treasuries rise slightly after inflation data jobless claims, yeah inflation data was positive for a rotation of the downside. Um data break ceo dismisses the cloud sell-off. Remember software evaluations have really compressed multiples, have really compressed and uh. I'm curious to see what they say: uh keep in mind in the meantime, check out the programs on building your wealth link down below use that coupon code at about two week, almost coming up on two weeks here for my birthday birthday, coupon code and the release Of the path course which, when that comes out uh, that price doubles and the other things will go up in price as well, but certainly not as much as the path course anyway.

Uh databricks, whose software helps customers store and clean up data, so employees can analyze and use. It was valued at 38 billion in its most recent financing round in august, while the company hasn't said when it plans to go public. The ceo told cnbc that if revenue keeps growing at its current pace, the stock will take care of itself when the time comes. As long as you have growth rates that are growing as fast as we are growing uh, then actual, then actually the growth rate will break through the multiple compression, that's happening in the market sooner or later.

Okay, in other words, eventually, prices will go back up. Is what he's saying good one? That's that's uh! That's so uh! I don't know. What's the word uh enlightening there, you go uh. Okay, bumble! 6.4.

Let's see what's happening with bumble and uh vinco. In the background. If there's a particular reason here see so we looked at the delta numbers, let's try bumble: okay, bumble, individual news, insightful, there's another one: yeah okay, bumble match rise after bull goldman says: buy the online dating firms; uh-huh, okay, how about vinco vinco ventures? What are they up to vinco um mentions on stock twits, ah trending. Well, that'll.

Do it social media and it does look like. We also have a little bit of a move here on crypto yeah. We do well that inflation read is really uh helping. It's great.

You get an inflection to the downside, ironically in cryptocurrencies, since uh. We know that cryptos have kind of lost their inflation hedge aspect - i don't know if they ever actually had them. Now that we're seeing some inflection point to the downside of inflation you're. Actually, seeing this push for an increase in uh in btc prices, so that's fun.

Okay, google uh up about point. Eight three percent good moves here: sun power proterra: this is about consistent here, really consistent on the green side. Corsair 1.3. Okay, nothing dramatic over here! Uh! More so is that virgin galactic that about 15 pain point over here, a couple percent on pton dutch bros cloudflare, cloudflare, 112 roblox 88 still waiting for this to get back into the 60s.

I don't know if it's ever going to go without a level uh pound here, where's volunteer here: 1663 lemonade, lemonade, 37 and where's ark. You know kathy wood keeps buying robin hood for what it's worth. We could pull up her trades here in a moment and i'd like i'd like to see the flows over at arc as well, but anyway, arc uh up one 0.15 regularly selling little slices of tesla by the way a tesla about a quarter all right. Let me pull up the uh the arc letter all right.

Well, let's see here, okay arc arc arc. Here we go, let's see what she's been buying okay, so we have there. We go tesla tiny little bit of selling here, two thousand six hundred shares stock. You sign a little bit of selling edittess.

I did. I thought she was just adding to this not that long ago, but anyway add it to zoom talent. Here a couple other companies here coinbase robin hood - really loves buying robin hood chairs, draftkings, all right, how's draftkings doing by the way are they off floor yet robinhood future after lawsuit. You know robinhood is, in my opinion, mostly been selling off because of the uh small cap sell-off and the fintech sell-off you look at like square and paypal.

It's not like robinhood, i think, is trading on fundamentals right now at all uh but um. I think the future is good unless we get like a rally in in uh in the stock market again, especially one that ex extends to uh fintechs uh, we'll see some substantial enjoyment again. I still still remember the people were so mad at me when i said: don't buy sofa at 24 hollers, it's 14, but uh, it's okay, uh! Maybe it'll come back draftkings, uh draftkings here and uh sort of uh. You know so these.

These are my little tests to help me determine when we're going to have a breakout, yeah clearly sitting at the bottom of our channel here for draftkings, oh well beyond me, you're moving a little bit here. Yeah, look at that on the day. Chart we've really been moving here as well. We've really come off that 58 level really started moving on beyond me, six percent! What's the valuation now this thing, let's see here beyond and let's get a financial analysis too okay, so it's only 4.5 bill right now i mean it's still 4.5 bill.

It's not bad, but anyway uh. Let's see here projections, so this company for 2025 we've got growth expected of about potentially 40 in 2022, followed by really bumpy growth. I mean, i would say the average here is about then 17 and 23. uh i'd say the average here is probably around 20 growth uh looks like we might go profitable by 2024 and then a two dollar eps in 2025.

at 70 dollars. It puts us about 35 forward, it's not too bad seems to be about mid price, and that's that's certainly a lot more reasonable than the insanity that we had previously at beyond. You know 150 dollars uh, you know lower guides. I mean you were really selling for a forward of over 100 pe.

It was. It was incredible, so big old compression there. So, let's see here what else, what else? What else? I'm up 200k in large part to listening to kevin, bought two rental houses with the money new to the land grove. That's amazing! Oh congratulations.

Well! Welcome! Welcome to the landlord game uh! Why? Wouldn't we follow nancy pelosi and investments they have the inside scoop, yeah uh! You know she's a big fan of tech she's, a big fan of buying buying the dip with options in big tech. That's that's what i'm noticing and trying to limit that extrinsic value, which i think is quite quite wise on uh, on options in this market and and i go - you know my my opinions on options change with the market uh. But you know when volatility's high and prices are at all-time highs. You know i don't like buying call options, for example, i'd rather be buying call options when the market's closer bottoms, which is what we've seen a lot lately and so i've increased uh.

I've uh like, for example, yesterday i put 300 000 into an eevee option: contract. That's a lot for options, but so uh, okay, upfi proterra beyond me. It's solar edge sun powers. A lot of these guys are the movers are, is the pain side getting worse or are we getting better on the pain side here? Embraer is down three percent: let's see spy okay, spy's still up about a quarter.

Well, remember this is the uh. Oh, let's just share what we got here uh. This is the uh. This is the the hope, uh.

The hope, with no analysis whatsoever is that the spy follows this birthday wish of hitting 500 by jan 28th. We'll see. Somebody here says: i've been holding a 3x etf since june of 2020. When do i sell, it's been an extremely risky play.

As 80 of my college, money has been in 3x tech. Should i wait for this recovery or get out while i'm ahead, wow? Well, thank you for the twenty dollars. Uh jeez. You know, i don't love the the leveraged etfs because uh in a down market you you can get wiped out quite quickly, uh but yeah you.

I think you want to ask yourself for your risk. Tolerance, uh you've been you've, you've made a good bet. Would it make sense for you to take some of that, maybe and and invest in some individual plays that maybe have sold down substantially? You know whether that's like uh uh, you know an end phase or an affirm or uh. You know tesla hasn't really sold down, but uh.

I don't know this is something something that you think fundamentally has a very good value right now: uh but uh. You know going from an index to individual stocks is increasing your risk, not decreasing your risk and, if you're looking to decrease your risk, maybe uh you just you could always just sell it and go over to a normal etf problem. Is you're gon na hit that you're gon na get those tax uh you're gon na have to pay taxes on those games as soon as you sell so a lot of folks just say: no, no! That's! Okay! I'll huddle to uh avoid avoid the tax bill. Seven percent on beyond so still running over here, yeah, look at that run on beyond very nice.

Very nice. A firm will do great after the consumer financial protection bureau. Uh moves all in on 24 calls on feb 4 for uh for robin hood wow. Well, i i wish the best, for you hope, the best for you, um shibe, sheba, i think, is getting uh listed on robin hood at the beginning of feb, hoping for those crypto wallets.

But then again, at this point, crypto wallets, i feel like, are just like the dangling carrot and they never actually come. Hmm, okay, i think relatively stable. No, no! It's a with the exception of uh virgin galactic continuing its rotation down here. It seems like these uh.

These are relatively benign stock moves if anything, we're leaning a little bit more towards the excited side on not only a peak of covered cases, but also a an inflection to the downside in ppi and an inflection in the upside in weekly unemployment claims indices stable nasdaq. Now leading almost 0.4, let's see here anything else, anything we have not hit. Inflation will not normalize soon so seeking stocks with price so seek stocks with pricing power yeah i mean it's kind of old news at this point. Manhattan rents were the highest ever for december.

That's another lagging issue for cpi that we're probably going to see is, is uh rents and housing. Continuing to uh underline stronger inflation. Hmm all right. Let's try barons love barons, let's see what baron says for us today: do they have a coupon code on building your wealth? No, they.

They have no apparently uh response. So there we go all right. Let's see here, huh, okay bonds, uh inflation might be starting to ease. I already knew that what to know about qt, here's, a proterra piece, kathy woods arc predicts used car blood bath.

Oh uh, kathy wood believes used. Car prices will plummet yeah. I agree and goes as far as to predict the bloodbath now baron says this isn't likely to happen and that's because uh that's actually good for kathy wood, because falling prices would badly damage your largest holding tesla. Well, i don't know about that because you're talking about used car prices here, i don't know about, are they conflating new cars and used cars here? That's confusing used car evaluations might tumble in 2022 and in 2023, after a surge in value case by the pandemic, introduced low inventories.

Your cost caused nice typo and bears what's going on today. Barons they're, all sleepy arc didn't immediately respond to requests for comment used. Car prices are certainly high. Yeah.

Okay, well, we'll see. Here's your manheim right now. It's started showing some signs in the underlying report of some softening uh, broad-based price declines, but uh we'll see all right. What else somebody writes is a badly written article yeah the editing on that seemed a little lazy, all right, okay! Well, let's see coinbase stock rises on plans to buy the derivative derivatives.

Uh derivatives exchange at fair x ooh fills a void in the coinbase product. Lineup. That's great news: micron and western digital get a shout out here. Analysts upgrade both end phase and solar edge to buy amc.

Ceo says he's done, selling after unloading another or offloading another 7 million come on where's the diamond hands all right. You know otherwise that there's nothing that's substantially moving in another direction. Here some stability btc, let's uh, take a look here. Do we cap a little bit we're getting rejected again yeah? We are so with the even numbers here.

Forty four four four four: it's kind of the downside was thirty: thirty, nine, six, six six anyway uh, okay, good! Well, there you have it folks. Uh shift has just risen thanks kathy yeah. Let's take a look. Hey shift has look at that came out of the hole there a little bit anyway, uh.

Thank you. So much for being here folks appreciate you check out the programs on building your wealth down below russia and ukraine. I hope they get their stuff solved. I don't expect this to create massive issues and uh we'll see you thanks.

Bye.