Welcome back to a live stream on what the heck is going on in the stock market. Elon musk talking about using manganese uh talking about using manganese in batteries because it operates at a higher voltage, uses less lithium and potentially could increase battery production. We'll see kind of alluded to that first uh over on uh battery day, then you've got uh. Yesterday the molex, which i know sounds a lot like moai, but the moex, the russian uh primary uh index uh moscow.

They they had less stocks trade yesterday than than usual traded 33 out of 50 stocks, but the ones they picked actually went up. Uh stock market uh initially gained somewhere on 11 to 12 percent and then uh. It only ended up about four percent on the day, but it actually ended up on its first day in trading in like a month which was kind of wild uh. You've got uh right now, actually nicola doing pretty well, but then again nicholas only been coming back from a hole.

That's been in primarily because it has announced that they've started production on their battery semi truck uh, not their hydrogen one, just their the battery one and uh. You know it. It should eventually be able to roll down the hill uh anyway logitech up a little bit, but i don't know that anybody really cares. Uh uber's up just as much, i think as logitech here uh the stock market overall is doing a little bit better performing a little bit better today, because oil is chillaxing yeah, you know.

Let me, let's take a look at brent here, because yesterday print was almost back over 100 uh was it almost over 100 was certainly over 120. yeah. Here we go so right now, sitting at 121 on brent and almost 115 on wti, i'm personally tempted to to get i'm pretty close to wanting to call tops on oil. That could be a pretty big mistake, but i i don't know i just.

I don't believe that we could get past that 87 84 peak fear on uso. I don't believe it and knocking on the door here. That 78.6 just seems so juicy. So juicy is what that feels like uh anyway uh but uh futures right now up you've got some good data as well on the labor market.

That was kind of interesting jobless claims. They always come out every thursday in case you're wondering every thursday jobless claims. Once a month first friday, the month, usually is the unemployment report. The difference is how many people are filing for unemployment every single week versus how many people, collectively you're, actually unemployed.

Initial jobless claims plunged to 187 000, the lowest level since 1969. wow with continuing claims. Also dropping more than expected, it's actually a good sign. Uh.

You know we don't want to see uh any kind of increase in uh in sort of layoffs or unemployment or anything uh, although that tends to lag recessions. So i think, by the time you would see any kind of uh layoffs, you'd be like oh yeah, wait we're already in a recession anyway, 10-2 steepened a little bit uh ten two's at 23, five uh 23.5, but one that is concerning that. I was not very happy about this morning. Is the darn spiking in the five-year break? Even it's terrible.

It's terrible, yeah i'll show it to you here, one second, so uh inflation last really skyrocketed inflation expectations when we had the uh post delta variant, fear, and that would be right here october november. Inflation was lower before this, and these are inflation expectations. So inflation expectations skyrocketed because of delta and supply chains. Well, this is the spiking of inflation expectations due to war, and you can see it's a lot worse than the delta variant.

Oh no kovid anyway, uh it's just getting worse, and this is bad because if you have these uh sort of or or this the beginning of sort of unanchored inflation expectations, the fed's gon na have to be a little bit more uh fussy, potentially seeing that 50 Basis point hike sooner rather than later. I still think i mean after the fomc meeting for me. It seemed like obvious that they weren't going to raise rates until september uh by 50 basis points. But but you know, after their talk this week, some people are like.

Oh, no, the odds might be a little higher than that. It's true, maybe might be a little higher anyway, so uh yeah, probably at least so far, turning out to be a little bit of a green day in the market. Right now, let's take a look at this pre-market here and uh, see what we got going on. You got mortgage rates ticking up again because well the 10 years doing 10-year stuff.

Let's go ahead and pull up mortgage rates too. It's quite interesting to watch. You know it's almost like the chart. You want to invest in because it's just going straight up anyway, uh tenure right now sitting at 2.377, almost at 2.4 30 year average fixed right now, is at about 4.35.

I really expect this to be going to five percent. Pretty soon you know, that's got a lot of people nervous, i'm not really nervous about it. It's not gon na we're not gon na have like a 2008 style crash uh in in real estate. You will freak out about that uh, but uh lending in in real estate is uh is so much stronger, so much stronger than it used to be in terms of quality.

You know, average credit score is above uh, 700, not only uh, i'm sorry, 700. That's low average credit score is above 770., most people doing 30-year fix, or at least qualified mortgages. You are starting to see a little bit of a rise of uh, some of the uh subprime style loans again, which uh it kind of blows my mind, but i i can't count how many emails i get from people that are like oh yeah. Now we have a new bank statement.

Loan program can't qualify for conventional here, use this. It's like why. Why are we going non-qm again qualified mortgage like wait? What why are we going back to the 08 style online? It doesn't make sense, it doesn't make sense yeah. That's crazy spring break does anything to the markets.

No, no anyway, uh, okay, so uh, let's uh, take a little look-see and uh see how some things are doing. You know you got a little bit of a softness here, at least in pre-market on gme amc. You know i've seen this kind of crap before and i've seen these things be anywhere between five to ten percent down in pre-market, amc and gme and then end up have a 20 day no guarantees. But i just i don't trust the futures at all or the pre-market for uh for these guys.

So who knows we'll see uh kashkari, apparently talking about how the fed wants to engineer a soft landing more fed speak this week. Most people were really nervous about bollard, good old bullard uh, whatever all right, yeah, there's nicola so uber moving a little bit as well that five percent there, but otherwise, i think we're going to be kind of mid-range today. You know toast is just one of those money losing businesses that has done the robin hood in terms of the chart, but it is interesting if uh, if restaurant activity continues its strong pace here in america, which so far seems likely, unless of course, actual recessionary, fears Start picking up and people start spending less, but so far we're not actually seeing that it's kind of like it's kind of like america's looking god. What recession? Maybe now, i'm gon na go get another beer at the bar uh yeah bitcoin is the best pm indicator.

Yeah, i actually agree with you yeah. I agree with you. Oh look, look we found one. We found a loser.

Look it's the albanian eagle. That is an insult to albanians scam. Maybe that's an acromen acronym, like smart, charming alert. Man, kevin is back opening wow, whatever all right so um, all right, uh, yes, so anyway, i was gon na say that i actually do like btc as a uh futures indicator better than the stupid future contracts.

I think the future contracts are stupid and uh they've they've been relatively wrong. The last two months relatively wrong, so we'll see but uh hey. You know what uh good. That's a good comment and a great mention, because it's a perfect spot to mention that this video is brought to you by ftx, where you can incorporate trading views ta into bitcoin and crypto and instantly trade it as well uh.

So if you want to check out ftx make sure to go to metcapin.com ftx link down below download the ftx app and if you get prompted for a code, make sure to use met, uh meet kev use meet kev. You get free crypto. Every time you trade over 10 dollars only scam here are the suits, manipulating trades. You know, there's a there's this whole.

You know they have a whole city based around wall street and people spending all day, long trying to manipulate trades. It's called wall street and manhattan. I hate to say it, but it's true yeah can't skip the live ads. Yep, that's true! You get stuck, have your thoughts on square for the short term.

You know what i really thought was interesting was that cash app was uh, is trending a little bit in searches, but someone yesterday in the uh in the stocks and psychology of money group absolutely pointed out that uh certain tax filers are requiring you link your your Tax filing essentially to cash app, so potentially you're, seeing the surge in people picking up uh cash app because of their use of this. This tax, app, which i thought was quite interesting, because i wanted to look into that more and try to figure out what what could it possibly do: uh and uh yeah, because paypal's not moving at all in terms of search trends. Kevin. Don't you think, this time this time the housing crisis won't be because of credit standards? Maybe it'll happen because of free money that was distributed to make profits and then invest in housing.

I mean really what what you're saying here is too much money was printed. Therefore, too many people invested and drove prices up, but it also then implies that uh, you know we're at bubble levels of prices. I do think that prices are high because of low interest rates and they're going to face headwinds, but i i don't know that they'll adjust substantially beyond uh those uh those you know that rate shock like, for example, you know rates go up two and a half Percent 25 buying power down say we had excess buying power. 15.

You see a headwind of 10 to real estate prices right. If uh i mean what you're saying is is still possible. I'm like i'm, not saying no, because to some degree you could create fear in the market so and then what happens? Is the market has to ask itself? Okay, when when do the by the dippers come into real estate, you know when i got into real estate. Everyone told me not to get into real estate everybody's like we're going through a double dip, recession, double dip recession, don't do it don't buy real estate and i'm like the numbers, make too much sense for me not to buy real estate right now and bought the Dip, you know, i used fundamental analysis and bought the dip.

It worked, well nailed it, but you can't time the market remember do not get bad, don't climb the market, russia's lawmaking body and all 328 of its members. Also, slapping sanctions on the chief of the country's largest bank and 48 state-owned enterprises serving the defense industry. So far, u.s sanctions have excluded russian billionaire roman abramovich, but the kremlin this morning says he no longer is acting as a mediator in russia. Ukraine ceasefire talks and it is unclear whether or at what point his assets would be targeted.

The white house is also announcing another 1 billion dollars in humanitarian aid and the acceptance of 100 000 ukrainian refugees. President biden telling nato this morning he supports more troops on nato's eastern front and is set to gather momentarily with g7 leaders to coordinate further action. Now, world leaders have been issuing dire warnings ahead of a trio of summits here in brussels this week about the possibility that russia could use weapons of mass destruction, and the top priority is how to strategize a possible response. If that worst case scenario were to happen.

Okay, that's. The last thing you want to hear is: if russia uses weapons of mass destruction. Well, then we'll have to strategize on a response. Maybe i misheard it.

I hope you do that beforehand. Anyway, mark don't care! Oh, look! Look. We got another little coupe baby, a little coop baby look here. His name is max k.

Max k thinks i'm a swindler so because i provide information services, apparently i'm a swindler. I fraudulently take money from folks apparently says mr max k here. Maybe people should be required to provide evidence of wrongdoing before they're allowed to leave comments like this, but no that would require too much logic, because max k is a broke idiot. Who wants to come and leave hate it's kind of funny.

It's one of the reasons for a few days, i'm just gon na have the chat public, because i i like i like looking at these looking at uh, just how much stupidity uh there is really what it is. Is it's losers, echoing uh, what they heard from some other jerk's channel? It's so sad! It's really so sad! It's like that's that's what your your life is about. Oh gosh, okay, uh, look at! Let's take a peek here at exp. You know, um exp is uh.

One of those that that has been on a little bit of a rough downtrend here and uh and as we got a little bit of a five percent move this morning, i want to see if there's any news there on uh on exp yeah all right. So, let's take a peek here: i'm gon na grab that exp uh. While i pull that off, let's remember that you're allowed to run a business, providing value to people for every one hate comment i get: we've got 10 at least 10 of you all complimenting or leaving feedback about how much the courses have helped. You provide uh very detailed information about whether whatever you're interested in sales or real estate property management stocks.

It's all about perspective, and there is a coupon code that we have for that expiring tomorrow and yeah. Guess what the coupons do expire about every three weeks and then there's another one and guess what if you bought two years ago, you would have paid about half as much money but there's also more content. Now uh and i work my butt off every day to make sure we have really good live streams together and we get more content going okay. So the only news i see on exp - and this is really interesting it's from three days ago - and it's that the ceo sold 228 thousand dollars of stock, who cares? Who, like really that's just ridiculous? I don't know, there's there's no news on exp uh, that's crazy! Okay, all right, fine, how about tesla? Oh look! It's up! Uh one point four: seven percent in the opening here it you know if this runs to eleven twelve hundred.

You know it's gon na, be ridiculous right and it's kind of wild wow. I got some spammers here: okay, if the spam starts coming back, we're gon na we're gon na go back to member chat and i'll just i'll. Just talk to members like here's, this guy, whose name is safe, balls, the spam filter, god i'm just putting a million rocket emojis, i mean what kind of loser has that as a name whatever uh cardano cardano's doing well, oh yeah, exactly thanks! Ultra rex metkevin.com life still cheaper than paying a financial advisor who doesn't really care about you anyway. Oh the courses, you know one of the things that i think is interesting is uh it.

It just is what it is, but one thing that really bothers me about the financial advice industry is one. A lot is commission, based, which i think is wrong for how much your your wealth is placed into funds or whatever uh two, a massive lack of understanding about real estate. I think it's very rare to find somebody who's actually well-versed in stocks and real estate. It's usually one or the other, like the real estate people hate, the stock people and the stock people hate the real estate people.

It's it's funny, uh very difficult to find that balance your courses grow. Thank you for that huh. Do you have a tax id for educational tax claim? For you know, you should send me an email, kevin kevin.com. Why even have the coupon code, because some people pay full price uh, it's uh, it's true like we.

We, i think we maybe spend like three thousand dollars on ads a month. It's like next to nothing. I hate spending money on ads. Personally, i believe, if you have a good product, you don't need ads, but some people actually pay full price.

That's why, like? Okay, the used car sales pro you know, i think that's actually a compliment, see this guy's sunday morning, mass radio show you know, that's an insult to churches, for you to be so ignorant, leaving comments like this, because we all know what you're trying to get at, But really you're, just you're making yourself sound silly because use car sales. Folks, while they're considered sleazy uh, you know that's sort of the stereotype. I will say there is a skill in selling cars like if and quite frankly, i tell i'll tell this to anyone, maybe not in this market but uh. The market right now is insane because there just aren't enough cars, but if you could sell used cars well and you take care of your clients, you will make a lot of money.

You know people think that's! That's like a low job. I mean like, if you're making less than eighty thousand dollars a year selling used cars you're, probably doing something wrong. I think you could probably many markets easily pull uh uh. You know 80 to 120..

I i imagine it depends what market you're in uh right now? It's probably next to impossible, i think uh because of the uh, the supply shortages, so i don't get into selling cars now, but but otherwise you know it's actually not really a good insult, so i think uh. I i think i have a lot of respect for salespeople kevin. Why so upset lately? Oh i'm happy, i'm not upset. I just don't care anymore.

If somebody wants to leave a little hate comment, i'm not gon na go cry in my office, i'll be like use a and then people are like kevin. Don't say that you're gon na get demonetized you're like nah youtube me. We we drive, they they've stopped. Censoring me no twitter is way worse.

Okay, yeah. I know my hair has a problem. Okay, okay. Somebody left me a comment.

You see this look at this. Look! It's a disaster. You see my hair, okay, i've gotten like 1700 comments about what happened to my hair. You want to know what happened to my hair.

You really want to know what happened to my hair i'll. Tell you what happened to my hair okay, this is going to start turning into like a reality show rather than a stock show. But whatever somebody left me a comment and said i needed a fade and then i looked in the mirror and i'm like ah yeah. My hair is a little messy, so i cut my own hair and i screwed up because i may have had a beer or two before that and lauren's like kevin.

I got ta fix your hair and i'm like a different day different day, different uh and i just never got around to it and i'm like. Why spend the money you could have the you could you could have everybody leaving engaging comments on your youtube channel? If you mess up your hair anyway, uh see it's good for the algorithm okay, the market's doing nothing. This is boring, like give me some action over here. Whatever spotify, you know, i want to know, what's going on with shopify shout out to to my uh step, bro strong man, personal finance.

Where is my shopify analysis? I don't know, maybe you emailed it this morning. I don't know where is it? I want to know whether i should go all in on the shopify we're at the 23.6 fibonacci uh. Actually we're not even there we're not even at the 23.65. So i i need my.

I need my analysis anyway. People here don't realize modern times. Allow us to get real time and free information from a person that lives and breathes the market. 24.

7.. Thanks kevin, you changed my life cheers from peru. That's amazing! Thank you for saying that. I really appreciate that man i want to go to peru.

That's awesome! 20, why do you care about the hate people? It's like one hater out of every 100 people. I respect you, stop caring yeah you're right. It's it's mostly just entertainment! Now uh you need to have ross gerber on the show weekly. I absolutely love watching you and ross together.

Thank you really dislike the step. Bro andrew he got stuck. Okay, he's good now, helped him get unstuck. Everything's fine he's he's is a good step.

Bro. There are some other people out there that make like moronic. Like you know what what the worst thing is is if somebody proves you're wrong, the right thing to do is go you're right. I was wrong.

I made a mistake, that's the lowest! You could go right, it's just like i screwed up. I made a mistake like: what's the other person gon na, do like oh well? Well, you're still wrong. It's like yeah yeah. I made a mistake: okay, but what do most people do when they get exposed for making a mistake on youtube? Oh that kevin guy.

He sells courses, so what you're saying is. I was right. Oh dear ggpi, merger coming look, i hate to say it. I'm not a ggpi fan and i actually think i've said this many times i can't handle it.

I don't care, i i i just i i'm staying away from spax and uh and uh it's it's terrible, uh! I i don't know i i don't think it's a sexy car. I don't think anybody in america cares and the the americans who care, think europeans care and i don't think they do. I don't know i mean um, oh well, let's listen to the jimbo, oh look! It's the nicola, rolling down the hill, see what's finally happening. It's going in a turn, so this is really positive to see i mean, obviously, we need uh ev whatever and uh this and rivian.

We got some positive chatter about now. We just need to find enough of the materials that make batteries. That's true, there's actually a ton of evie news today, mostly centered around the seven day, move in tesla 30 is more than a two standard deviation move in tesla last seven days. All i can think of is is that i think they're going to crush uh, mercedes and bmw in europe, and it's it's right, the return of america as a as the power.

I i do think by the way that they, if you got enough of these, it would actually impact uh russia, but we're nowhere near in terms of oil demand. Yeah yeah, there's tesla hanging above a thousand. That's what's going on, because this german plant is gon na. I'm not kidding this certain plant is right in the face of the so-called greatest greatest country for autumn.

Forget it, you must consider it he's dancing again. Here's a look at the opening bell and the cnbc real-time exchange at the big board, natural gas producer, rki energy. At the nasdaq alpha, tau medical developer of alpha radiation cancer therapy and that looks quite green, getting a little bit of uh that uh red candlestick. I i want to ring the bell one day.

It's so cool i always look out, but does anybody actually pay attention to the people who are ringing? The bell, like am i wrong, to think it's cool to go ring the bell, even though, like nobody actually cares about who's, actually ringing the bell uh, i don't. I don't know, but anyway, uh audrey, it just seems like if you're going to be in finance. It just seems like it's one of those things to do. Oh well, average cost on nicola is 44 and still hodling, no spack.

No, why? Why would we do? No? Oh, oh joshua kevin swindled me into listening to well-researched information that led me to save 140k of downside and to make things even worse. I bought stocks and psychology of money and it paid for itself dang it. You got ripped off. Why hasn't the sec shut down nicola after the fraud? You know they slapped them with like a 125 million dollar fine, it was a joke hold on nk la, and so it's already over, like the whole trevor milton thing, i mean trevor milton's still in trouble, but uh yeah, okay, so they're four billion dollar company sec Nikola, i mean really: they are trying their best to kind of yeah, 125 million dollar fine december 21st.

Dude come on man, 125 million dollars divided by 4.4 billion dollars, is a 2.8 fine right. So that would be like if your net worth was uh 500 000 and you committed financial fraud that would be like paying a ten thousand dollar fine um out of your 500 000 net worth like. That's, that's crazy! It's like nothing anyway. Market doesn't seem too happy here at market open, uh, that's disappointing anyway, uh you know the first minutes always kind of, and this is honestly like just you should just be asleep during this time, because the market is so emotional, the first hour and a half really.

I mean it's entertaining it. That's what it is. It's live, entertainment, it's free, entertainment. We get to watch the sticks, look at that! Well, uh, where's, amc and g me in that.

Oh cardano's uh! Oh, oh, oh, oh, oh! What's! Oh! What's it gon na do? What's it gon na, do sorry, give it give it the first two minutes for the etfs and the institutions to sell, and then, where the buy, the dips here we go. There goes gme, you know what we need. You know what we need and it's what we want. Where is it i think? Didn't i uh? Oh no, this oh, this ipad doesn't have it.

I don't really want to switch ipads right. It's buy the dip song. Oh well. All i have is jim cramer on this one.

Oh well, now i'll have to do something see: green candle sticks there. We go anyway, okay, so here's our wheat, etf, uh volume on this wheat etf has come down a lot. I mean it was trading. Look at this at 1.27 million of volume on the weed etf over here volume has really collapsed, but the value is actually holding so you've got definitely some hodling over here, but uh.

These commodity prices should not last, but we do need this crisis to end. I mean somebody who was in here yesterday, oh yeah. I think it was in the course members stream. I i can't remember that they're talking about how they're a commodities trader and they're seeing future contracts at twenty dollars like twice where uh wheat is trading for now, and it's just like that's insane anyway, that's crazy, just just crazy unsubscribe for no buy the dip dang.

It i lost you real george here says i hate you just kidding, thanks for making us money for a down payment on a house. Congratulations, that's awesome! You know youtube actually, for some like rarely does youtube, actually hide a message, but youtube had that hidden. For some reason, stupid youtube. Ah, when will tesla stop yeah easy 500 in ggpi? No, absolutely not uh.

Sorry met kevin in vegas. Oh that's so cool! You know i want to do events again like like i used to so back in 2019 before the pandemic. All the way leading up to my last event in vegas of february of 2020. I would do these these events.

It was like two day thing and it was just like it's kind of like a live synopsis of of the courses. So, just like, let's go deep on like real estate, investing uh yeah, it was one day for real estate. I don't know that was fun. I missed that, but i don't know spy not happy.

It's still red i'ma look just to see if there's any news or if, like oil's, going up or something well, i don't think i mean we have uso. It's just weird. No uso is down so oil's down. Is it yields treasuries card counting yeah? I listen write your your trades down somebody's asking about zim.

This is what i wrote for zim. You can't see it there right, uh uh. There closed zim, either march 22nd or 4 4.. So you got to write this stuff down uh and the reason is like if you were going to hold it past 322 you're gon na pay the dividend, so you may as well hold it until the dividend gets paid, at least before forum uh yeah.

No, i mean treasury yields not going nuts or anything. So it's not the treasury yield. It's not. Oil.

Nothing happened with russia, jim cramer's, trying to invite elon on um. We should quickly reply to that on twitter and just say: no youtube. Oh gears of war. Oh, i mean halo was better.

I did play gears of war, though uh hold on where's jim cramer, jim kramer. Here we go and elon musk come on youtube. First uh, nato's talking! Oh just the talk, okay uh in real terms, borrowing is still very cheap. Yes, that's true.

Thanks suits, there is no news, no news! Uh, let's see what we have over here. We have okay, all right here we go us. Oh here's, some us announcements. So what do we got here here? I'll read these off.

While we have we'll just keep the, i don't know some sadness up here like red, candlesticks, okay, u.s treasury sanctions, russia's defense, industrial base duma and its members, ukraine, defense ministry, says russian forces have been pushed back from kiev. Us treasury adds dozens of individuals to sanctions list u.s, launching european democratic resilience initiative with 320 million funding. U.S will accept 100k ukrainian refugees us to announce more than a billion in human funding us to sanction 48 large russian state-owned enterprises. 17 board members of the russian financial institution - uh yeah, okay, so it looks like it.

It could be these these uh, potentially this new round of sanctions here, but this was all announced at 6 15, which was right here. The market didn't care. I don't see any terrible news here: waller says the fed's purchases of mortgage-backed securities uh reduced mortgage rates by 40 basis points, wallers, hopeful pandemic, specific factors, pushing up home prices and rents will ease in the next year or so. Nato will continue and to protect every inch of its allied territory.

Nato calls on china to abstain from supporting russians in war in any way, nato strongly condemns russia's attacks on civilians. Nato leaders say in a joint statement that russia's attacks on ukraine threaten global security. Okay, like i i get, i get a whole news feed here of of everything everything happening, uh, that's at least the reuters and uh. I see nothing.

I don't know whatever by the dip. I literally see no bad news uh, it's just that's that it's one of the reasons look, and i i've said it before i'll say it again. If you make up your trades based on how things are going, the first five minutes of the trading day, you're making a big mistake. Usually, what i like to do is i like to think of my trades at night and then i write them down and then the next day the next morning uh.

I already know exactly what i'm gon na do: uh it and then that way i don't have to like panic at the open and try to think okay what's happening, am i going to buy stocks or options which option are we on? What am i going to do since it's insane insane anyway, so yeah, gme and amc not very happy right now, but who knows stop talking like obama wow, i don't know, i'm not sure to be complimented or to be insulted. Okay, carnival cruise line. Oh look at that under 18 bucks - and you know, searches for cruises are going up actually substantially that doesn't necessarily mean they're actually can be profitable, uh or that they'll be able to get out of debt anytime soon, but yeah searches are going up disney. Somebody in the chat just asked about disney.

I love disney. It's got a nice little downtrend here. The downtrend is is uh not as bad as it was. I know that sounds bad, like oh, it's going down it's just not going down as bad as it was, but that actually matters.

You know when you get these sort of decelerations, i don't have the picture of it. Yeah, whatever oh, and that reminded me, there was uh. Let me look at what retail was doing as of last night, the retail flows, so retail flows yesterday. So let's see here in terms of momentum, well, yeah.

Obviously gamestop costs fedex, oh gk's up here, gerber kawasaki. That's cool uh down momentum. Yesterday, the worst in terms of momentum yesterday was actually uso. Taiwan, semiconductors overstock, caterpillar, ebay, starbucks, merc, target jpm; nobody likes jpm, anymore and rivian, although rivian's doing decently.

Today they don't call the first hour of trading amateur hour for nothing yeah. I've, google, no am uh no amazon. For me, crews are ordering a lot of couplings where i work they seem to be back on track. Oh that's! Good! No! That's good! Okay! I don't know oh yeah amc and jimmy not happy at all.

Darn uh, oh arkamoto. Oh, i got an arkamoto video that i'm going to post to as soon as well, anyway. Uh, oh, a firm's up three percent end phase up about three percent tesla's up about two percent, so far apple adobe about or what point eight four percent bounce back. All right, that's boring.

Let's go find something else. Let's see oil is down about half percent. So that's nice, uh, the okay! Look at that qqq reversed here. It shows you how stupid the the first period of the opener is uh and that kind of reversal on spy and qq.

Hopefully that happens for the amc and the gme gang as well. Uh zim rotating down slightly people taking their dividend running, maybe all right, we're gon na look at some more suit news. Oh yeah, i have to share with you the five year break. Even wait did i do that, yet i don't think i did.

Maybe i did. No, i did, but i'm gon na look at it again. The five year break, even the uh, is still moving up. It is right here on this chart.

This is a problem right, it's those inflation expectations and it was topping off right here and i'm like. We really want to watch this to make sure this doesn't go higher and uh. This happened. So if there's anything, i'm not happy about right now, it's this must do vegas event.

Again. Oh that's awesome! Yeah! Thank you for that now, oh, what's the breaking news? Cnbc, let's walk on the street rick santelli are live at cme hq with breaking news. Our march preliminary read on s p global pmis manufacturing 58.5 - that is the best since september of last year, and if we look at the services pmi 58.9, these are well above expectations, sequentially following 56.5 and finally, the composite pmi 58.5 sequentially following 59 55.9. So much higher than expected and of course, the preliminary nature of these means they will get upgraded in about two weeks now we're gon na go to carl quintanilla carl rick.

Thank you very much, rick santelli. We are keeping our eye on brussels this morning as the president there meeting with some world leaders, i believe, along in that particular case, some of the leaders of japan, the one headline crossing right now jim, is that they are trying to prep nato uh. For a more dangerous future, which is clearly evident well, you booked it we've for years. Had it hugely assured, pull off that um yeah.

This is what what just came across in case. You were wondering so the s because sometimes he says it's so fast. I i can't even i can't even listen, uh and uh anyway, so uh the expectation was 55.9 and the pmi came in at 58.5. Remember a number over 50 is uh a sign of expansion and when the number comes in higher than expectations, that's generally bullish as well.

Someone says short the market. Why? Why would you short the market right now? I don't know i don't. I don't think now's the time to do that. I don't think so.

I don't believe so at all, but uh mostly that's because you know you go out to the day chart you're barely sitting on 38.2, like if you're gon na short, something short oil which, on the fibonacci is uh. You know sitting over here on the 61.8 to 786 line. That's interesting to me. That's a play.

Somebody says evie go is doing well, let's see, evie go one percent. Oh three percent! Oh and mullen actually turned slightly green. Today, okay, oh tesla, coming back down a little bit. So let's see here what's on crypto btc yeah, i i i don't see like.

I certainly don't see like 34 35, 000 again uh unless things just all of a sudden got substantially worse and deteriorated and the fed like rug pulled us. It's always possible. I don't think so, but it's always possible. Okay.

Here we go mr fed evans, uh evans. It's one of your fed people anyway, he says uh. His own view of the appropriate rate hike path is in line with the median fed view. Okay, so what's the median fed view, monetary policy must shift quote timely for the removal of accommodation, higher inflation would become embedded in expectations if policy doesn't respond, see they're trying to massage down those expectations.

Us economy has solid momentum. Labor market is downright tight by some measures. Ukraine, crisis pandemic both pose upside risks to inflation and downside risks to growth, and the fed must be cautious, humble and nimble, and that policy is not on a pre-set course. Oh got ta love the implication there.

Somebody was asking about the 10-2. It was steepening a little bit this morning, like tesla's, nose, dive, uh yeah market unhappy. Again, this is just a emotional little little candlestick game. Okay, uh tend to ten two ten, two ten two ten two uh, oh well, the 10-2.

This morning was like 23., so it's actually flattened again a little bit or was it yeah? I thought it was like 23. anyway. Now it's sitting at 20.5, so a little bit of a little flat. I mean again, it's not great! Oh well! So, let's see here now raw sugar hits two week high yeah, that's the commodities.

I'm gon na look at commodities right now, i'm a little nervous about some of them in terms of what's going to happen with food prices, glc global commodities - let's see here year-to-date ag. So if i go year-to-date agriculture, corn up 26 rapeseed oil uh, it says zce rapeseed meal is 40 up, but oil is actually only up one percent soybeans of 29 wheat, 37 to 41 cotton up 16 lumber is actually down a little bit yeah a year. Today. It's done.

Eight percent sugar. It's only a oh! It's up a bunch recently here. Oh i see okay, yeah but year-to-date. It's up about 2.3 interesting.

When you look at snap, what's there to look at with snapchat look at how volatile this is. It's just. You know really, it makes me feel like between 6 30 in the morning and uh and uh 1 pm. You should just go to the gym and and just work out and then not look at the sticks at all.

Oh, i disconnected myself, then you don't have to worry about it. There we go it's just exhausting how about all this money, printing yeah! Well, that's the inflation that we're seeing now right. It's a problem! Don't get me wrong like we we over printed and then now you have the governor of california giving people every car owner is going to get 400 now in california for up to two cars per person who has who has registered vehicles, which is basically super stupid Because if you really wanted to help people buying gas now, why give everyone, including wealthier people or electric car owners, the money just reduce the gas tax or increase new ev car incentives to encourage people to go to an electric car and lower the pain of the Pump well, the answer is simple. Then he can't send a debit card with his name on it.

You know a little letter, hey vote for me, come on. It's freaking vote buying. It's so stupid like it should be illegal, but it's not it's policy stupid! Ah yeah! No uh, i i don't think we're gon na go back to 2018 valuations. You have to remember, we did print a lot of money and that money doesn't just disappear.

It does go somewhere, uh and uh to some degree. It props up real estate and stock valuations. Uh to a higher level than what we had in in 2018, i mean there's really nothing in 2018, that's like oh yeah. We should definitely be at 2018 valuations uh, which that would be like saying the qqq has got to go all oh, my gosh 2008 that'd.

Be like saying the qqq's got to get down to 140 or 167. Meanwhile we're trading at 320, now so you're. Basically looking for a 50 discount in the qqq from today i mean you'd have to have another 08. For that to happen.

I'm not saying it can't happen. I i just think that's quite unlikely yeah the i want to make a video about desantis. I think it's brilliant the requiring uh high school students to graduate with a some form of credits in uh financial education. That would be a depression.

Those prices, oh yeah. It would be depressing it'd, be terrible. Printed money went to ukraine, not that much, not that much at all and think about it. You know remember: the the stimulus packages were like trillions of dollars 1.4 to like three trillion dollar packages, so we send ukraine a few billion dollars.

I mean that's like sending him a few pennies relative to our uh stimmy packages. You know, don't get me wrong. It's a lot of money. That's going over to them! Yeah! You know smaller population anyway, uh.

Why are all cryptos running without ethereum speculation? That's it, which reminds me this video is brought to you by ftx, make sure to go to metcalf.com ftx and every time you trade crypto over ten dollars, you get free, crypto, just use code meet kev, you go to sign up so gme and amc are stuck In a hole uh for the day, who knows it could come back or they won't? I don't i don't know. I hope they do, because i just added some amc yesterday, but i like i really first of all, i said i'd huddle for a year. I didn't have to add it wasn't part of the deal, but i love empowering retail, uh and and being part of the movement like fundamentally don't buy amc, but going to the amc movie theater supporting the theater supporting uh the stock. I think it's a good thing.

I think it's a social good, uh, toast half percent. You know this is all boring foreign. This there's like nothing, really happening in either major direction. Here i mean three quarters of a percent now on tesla.

This is boring. Look at your qqq! I mean this is just like i'd rather read a barcode. Neo earnings will surely be a beat. Well, let's look at the expectations: oh neo, good, old neo.

I, like neo, i like battery swapping uh, i think they're, a very smart company and savvy company and i think they're wise to use the contract manufacturing. They do earnings, so they're expected still to lose money. They're expecting 35.8 bill in revenue. Uh, that's the 21st! Oh, are they reporting full year, then? Oh okay, i guess they're reporting their year-end.

Then the stock is expected to move 11.4. That's insane, so i think the commentary you really want from them is going to be around battery production and then managing these supply chains. So i don't i'm not that confident like i i, the last thing i would have would be options on it, because if the market's pricing in an 11 move - and then it doesn't move 11, it's gon na suck uh. So i wouldn't do options.

But if i was optimistic on neo, let's see where it is it's at 21 bucks i mean hey if they kill it on earnings, it could easily move to 25., but i'd rather have the shares and actually i'd rather not have any chinese shares because of the Whole adr drama, but hey i wish i'm the best. I can't believe it went down to 13 there for a moment. That's wild, well fomo into neo. No somebody made a jim cramer account and put his face on and says, buy kevin's courses.

You forgot to mention that the coupon code's expiring tomorrow - oh that's, pretty funny jim cramer. Well shout out to those of you who signed up derek luke ezekiel, william ali stocks on psychology of money, y'all joined this morning. You got someone also who got building wealth, making youtube videos welcome aboard. How do i pronounce q, i y? U thanks for joining is matterport profitable, no you're.

Why are you gon na pay off your house? Why would you do that, like it's the cheapest and best debt? You could have it's honestly. The only debt you should ever have is a house only debt. You should ever have his house yeah. You know we talked about this, mr d, man, i like your logo, but your name suits you if you're gon na say that yeah we talked about this earlier yeah, the coupon codes do expire, but the prices go up.

So it's it's like a straight line. Nobody's ever gotten it cheaper by waiting, um peace of mind. Okay, i mean that's fair. That is, i, i guess, retire pay off the house, no bills, few bills, everybody's got bills.

I guess it's not a terrible thing and then it's like what are you gon na? Do with the debt? Okay, i get it. I can see that rough day, though in tesla like it's just a mess today, i wouldn't be surprised if this level's out uh and we get some more enthusiasm towards the close. It's too it's too depressing right now. It's too depressing: i got ta go make another coffee, that's what i'm gon na go.

Do i'm gon na make another cup of coffee, and then i might make it a video got ta set the record straight and then we'll do a course. Member live stream. Talk about some investments and then i'm going to run and then maybe maybe, if i feel so inclined we'll do a market closing last year or not, i could just have a beer. Instead, you know - and maybe this guy mickel market xrp pumper dude here - will stop spamming.

The chat - maybe i don't know there - are a lot of there - are a lot of maybes we're going to talk about the video that got removed. Yesterday, oh yeah, i mean i could just mention there were there were too many people suggesting instant deposit was working for them. So while there are a lot of people saying that robin hood, instant deposit wasn't working uh, you know some folks are saying it was, and so, if it wasn't like a ubiquitous thing, i killed it. No beer after run.

Why not sounds great amd uh? Let's look amd so fibonacci fibonacci on uh lucas chamberlain, i'm your biggest fan thanks, uh arc, okay, arc and and amd. Let's see, oh, what a trend on uh amd here. Well, let's draw one: you almost got a triple bounce there on amd. It's it's really hugging to the 23 right now.

How scary is this? Look at that and you just throw the fibonacci up and it's like here's, your rejection at the 50 rejection at 38.2, uh and and now we're hugging that 23.6 line? Oh, but they say uh. If you draw enough lines, it all makes sense. I also get arc arc and uh. What's this, can you speak german uh? Oh a few seconds ago, oh that's, cool, look at drew, drew and joe welcome aboard, drew and joe to the stocks in psychology and money group appreciate it: okay, exactly all right, uh arc, yeah, let's take a look at arc.

Oh wait! A minute! Wait a minute! Oh evans just said something: oh, oh, that's bullish! Oh i like this. First of all, before i talk about the evans thing, if you say douchebag kind, dutch is basically what you wrote. You don't either, because that grammar ain't even close right. It's just not even close anyway, um, okay.

So what did evans just say: uh, okay, so dude he keeps yapping his trap. How come i'm not getting these hold on? I want to see everything because remember evan said something special yeah yeah uh hold on a sec. Okay, that's just going to take a second here; where's, the other part i'll grab it from here. Okay, this is good news.

Kevin kauff gamestop, oh my gosh. I haven't heard that phrase in a very long time. I appreciate that. That's a that's a compliment: cool pig anyway, okay, so uh! So many germans here, uh! Oh well! Thank you justin! I appreciate it.

Okay, all right! Let's, let's do a quick little thing on what evans just said: uh i'll i'll record it as a quick little video. That way, i could be really lazy and do a live stream at the same time as recording another video. So i could post that clip and then get two for the price of one, because yeah i'm cheap. That way i mean i tried to cut my own hair.

Oh, we have to look up one more thing before i have all my numbers, uh federal reserve, hawk dove scale chart. Those are great. You got ta, you got ta have that up pretty sure evan's kind of in the middle, but i want to fact check myself. It's always good to fact check it's okay to be wrong, but it's wrong to put your head in your butt: oh and he's not a voter in 22, so that does that's not as great he's a little more on the dove side, but something he said was Very interesting, so, okay, we're gon na talk about it all right, oh and don't mind the hole in my jacket, no there's no trial for the stocks in psychology.

Buddy! I'm sorry! Okay! Let's do it all right! Hey everyone kevin here! We just got an update from one of the federal reserve members, mr evans and mr evans, on the dove to hawk scale. Always important to compare to the dove to hawk scale sits kind of more on the dove side, but he said something this morning that, in my opinion, gave a little bit of fed policy action away and it's, in my opinion, bullish and i think it's worth paying Attention to now fed evans is not a voting member in 2022 he's a voter in 2023, but why does what he said matter? Then? It's because he said that he believes his beliefs are in line with the median fed view. So, in other words, he feels he's in line with not only the median scp forecast, the summary of economic projections, but he's also uh in line with, essentially the sentiment of the average of everyone at the federal reserve. No guarantees he's he's not as powerful as powell, but if he's saying he's in line with kind of the the middle ground, let's at least hear out some of the things that he said.

So he told us he tells us the following, and this is always a very important setup. Okay, so he's in line with what the fed belief is, and the first thing that he talks about is higher. Inflation would become embedded in expectations if policy doesn't respond. So the very first thing he says is hey.

We got ta, we got ta work on those expectations. So, let's step back for a minute last week, the federal reserve tells us hey we're. Basically, in so many words, planning 725 basis, point hikes going straight to basically 1.75 to 2 by the end of the year. That's what they expect.

That's, basically what they told us a straight line, consistent 25 basis, point hikes, so what happened? The stock market rallied and at the same time as the stock market rallied inflation expectations, shot up. Remember if you want to look at inflation expectations, there are two one: our inflation consumer expectations, which you know usually the university of michigan, puts those together and we get those new numbers tomorrow and then you have the market's expectations of inflation expectations. This is that line line goes up. Inflation expectations up well after the meeting inflation expectations went up, which is a problem.

So what happened this week, the fed's like crap the stock market's going up, which is risky, uh valuations, go up. That's that adds risk to the market at the same time as uh inflation expectations are going up and it's the first thing that evan starts talking about is yeah. You know expectations uh, you know we don't want inflation to get embedded in expectations. We have to respond.

So i think the federal reserve this weekend had a pow-wow kind of like a huddle and they're like alright guys when you go out there this week, you make sure to drive those expectations down, because if consumers expect and the market expects high inflation, then we self-fulfill Higher inflation and it's literally like they're, losing control. This is bad. This line keeps going, they will have to rug, pull us and i will have to flip-flop again. If this keeps going.

I have no plans of flip-flopping, but when the data changes you have to respond right, so no no plans right now. I think us sitting at like the 38 uh on the fibonacci retracement for the nasdaq is like this is. This is like no there's. There's no point selling here: there's no euphoria in the market.

There's no excitement, but what else did he say so he told us he's in line. He again talked about these expectations, which everyone from the fed has talked about so far, but what's the big thing that he said well, the big thing that he just said is over here on this other page. You got to go to. He says he is open-minded to the idea of a 50 basis, point hike, but we a still need time to assess the bottlenecks and he's more comfortable with raising at each meeting by a quarter point that he expects inflation to cool over time and that, while we Should be nimble, he would prefer seven quarter, point hikes for 2022 and remember he's the one that says he believes he's in line with, essentially the average of what the federal reserve believes.

Oh, i froze a little bit there. We go uh which that to me is very interesting because if you've got a person saying hey, i'm kind of in line with the middle and he expects six more 25 basis point hikes this year and that yeah sure maybe we'll need a 50 basis. Point hikes. But we need more time to determine if, if that's actually the case, now we're getting a lot more of a relaxed point of view than this aggressiveness that we had earlier in the week from jay powell and people like bullard j-pal is not wrong to say nothing.

Stopping a 50 bp hike, but i think the market's reaction was was so negative to him even suggesting it, and i think it was really their attempt to just drive down expectations. That's it uh evans, giving us a little bit more of a bullish outlook that let's wait. Let's get some data first, and this is where we could look at the next cpi sets coming out uh in in a couple weeks, we've got the unemployment report coming out on april uh on april. 1St cpi, i think, is april 10th.

Let's look at the cpi calendar really quick cpi schedule of releases. You could google that yourself, cpi schedule of releases and then you'll get it and the next one comes out on april 12th, actually april 12th, so mark that down april 1st for jobs april 12th for cpi and then uh.