Welcome back to another video, if this is your first time here, don't worry. I only got one rule on this channel. It's basically don't click, nothing! Don't smash, nothing, don't buy nothing! Just listen! So i used to be a financial analyst, so i used to be around people who think they're all that, but really they're not, and this article from goldman sachs proves this. So goldman sachs came out with an article talking about the concentration in the s p.

500. Basically, how the biggest stocks in the index are carrying most of the weight. In fact, right now we have the most concentrated s: p. 500, since 1980, the last year where eddie murphy was funny can't believe i recycled that joke.

I'm just kidding. Eddie love you this morning, goldman sachs come out with an article basically pointing out to the fact that the top five companies in the index are responsible for 51 of the returns since april this year. Insane now those companies. Of course, you can guess: microsoft, apple, google, tesla nvidia, all the usual culprits now check this out.

The problem. Isn't this observation, which is a hundred percent correct? The problem is their interpretation because it is literally basically a democracy. At this point, i've never seen anything this bad, even when i worked on wall street so check this out, so they coming out and saying well guys, there's nothing to worry about. Everything is great, just keep buying growth stocks and their explanation why you should be keeping buying growth stocks right now, despite this insane concentration, because you know, concentration is the bad thing is because get this, i'm literally quoting it, because there's a lot of unknown unknowns that Are causing this i swear to god.

I kid you not. This is literally what it is unknown unknowns. They literally let an intern write this and he forgot to replace the placeholders with actual explanations, and now this is what we got on stream. Unknown unknowns are causing the market to do this, and somehow for the love of god.

I don't know how this is not even the worst part of their article. Their basic is saying that market concentration is an incentive for you to buy growth stocks so check this out. It's not like. We have a seven percent inflation right.

It's not like. We have a chip shortage. It's not like china is trying to start a war. Russia is trying to start a war, it's not like the fed is about to taper and raise interest rates.

None of this is about to happen right. It's not like the market is about to basically go into kabum mode. Yeah, don't see any problem here with grow stocks at all i mean basically, this is what i think actually happened. So this would be the scenario that i play out my head.

Basically, goldman sachs is coming to a room full of retail investors that have no clue. Basically saying buy growth talks, there's nothing to worry about, don't worry, are they gone good, so every single stock we just talked about. Let's get out of this crazy market. Oh my god.

I hope they bought it now, i'm just kidding. Of course, i'm not blaming goldman sachs and actually doing that. I know goldman sachs is a respectable institution. I'm just saying i think their thesis is really feces and by the way i just want to clarify this was all a joke.

I don't really think they're doing anything like that. It's a guy on the internet, doing a satirical show so chill don't sue me bro now check it out. Since we already took a few shots at goldman sachs, i think it's only right. We do it for morgan stanley, morgan stanley came out with a paper analyzing the price target for palantir and get this.

They set their price target between 11. and fifty dollars. Yes, it's basically like the weatherman coming up and saying: well, tomorrow, it might rain snow, hail. Uh be sunny or everything of the above i have no idea.

What's going to happen, it's pleasure, that's what they're doing now check this out. Basically, what i think is going on here. Reading the research paper is morgan stanley is getting caught up in this false narrative. Like everybody else basically well, they just beat expectations they're growing nicely.

Their margins are great. Everything is great, but you know what there's a lot of income coming in from the companies they invested in. So we don't like that. So that's where we're going to downgrade this company never mind the fact that q3 clients from commercial grew by 46, never mind that, basically now they have over 200 clients.

Just in commercial business, never mind the 1.4 billion dollars trailing 12 months revenue. They made never mind 120 billion of total addressable market in which they have no competitors and never mind the fact that they have 77 gross margin, never mind the fact they have 200 billion of free cash flow on q3, never mind the only reason. Companies aren't really adopting it right now is because people are afraid losing their jobs literally and people in i.t don't want to lose their jobs. If valentine comes in half of them go home, half heavy, i went home, so this research paper is basically another sign.

For me, when i see this, i know exactly what's going on, institutionals are loading up while retailers are setting the fear and then once everybody is done, buying up loading up the boat. It's gon na go back up. It's just kind of clear to me, but again it's just a joke. It's just my opinion might be inaccurate, might be completely.

The ramblings of a madman might be completely false. Don't take my word for it just my crazy theory and let's talk a little bit about apple, i don't want to throw any shade on apple. In fact, i want to congratulate them. They almost hit three trillion dollars yesterday.

That's insane and nobody knew oh wait hold on a second hold on a second oh hold on on january, we posted on our patreon that apple at 132 dollars is an undervalued company and now we're about at 175. Yesterday we actually hit 182. We did a nice like 35 36 percent on apple, okay, giga blue chip stock. I mean you know, i'm just saying our patreon community is actually pretty cool.

If you want to join the link is below it's five dollars per month. I'm just saying some of these zoom calls we have on our patreon community are pretty wild and insane. You might want to check out just that alone. Let's talk about what happens when elon comes out with a really cool initiative, but just because it's elon, the regular tesla q crowd just finds reasons to hate on the guy.

I've never seen anything like that. So what happened is yesterday? Elon tweets, hey we're working on this exciting project, we're gon na turn co2 to actual rocket fuel by taking it from the atmosphere insane stuff like science fiction, nonsense. Now, of course, there's a clown already commenting, hey you're gon na turn, co2 to rocket fuel. What's gon na happen to the trees they needed? Mother lover, you don't think the trees have enough.

You worried about the trees you hold. You don't think, there's enough co2 in the air for the trees. You know what co2 we got, but the lover you must be crazy. Now talking about elon, the dude just came out with an insane proposal, they're going to come out with a merch line, featuring doge, which you can only buy with doge, which i think is pretty insane.

That thing just turned me from a fan to a full-blown air conditioner. I love that and i also think it's gon na sell out in like 30 seconds. In fact, i'm putting my reputation professional adidas reputation on the line just kidding. Adidas, don't sue me if that mother lover don't sell out in 30 seconds, i'm gon na do a live, half naked belly dance on my channel just for you guys, so you better pray that it actually sells out and what's going on with bitcoin just a month Ago we were at 69 000.

by the way 69 get it 69 000 just a month ago, currently at 47, so bitcoin is going crazy, but let me tell you something: when you invest in bitcoin, you got to be ready for a rough ride. Imagine this is an analogy for how investing bitcoin looked like from 2016 to 2019. check it out in just three years. It was pretty much like smuggling drugs into cuba, getting arrested, going to prison breaking out out of prison swimming to shore, getting eaten by a shark fighting from the inside of the shark, getting out getting captured, sold as a male escort in a third world country.

Winning the lottery coming back home as a millionaire, you don't have the cojones for something like that stay away, but if you're ready for a crazy ride, well, giddy up mother lover and now let me explain: what's going on right now with our government literally yesterday, janet Yellen calls chuck, schumer and says: hey chuck, we're about to go broke tomorrow. Chuck says bet no problem. We're going to solve this today today, they're going to pass the legislation that basically lifts the debt ceiling, so we don't have to go broke. One less thing to worry about and by the way now they can focus on the transitory inflation by the way, a moment of silence for the world transitory.

I think that's enough. Speaking of the word transitory, i mean we just retired it, but the problem remains right. Now, based on the schedule, the fed is outlining we're supposed to be tapering all the way until march, then at march we hold, and by june we're going to see the first interest rate hikes. The problem is that's way too slow.

If you think about it. Right now we're in a really horrible situation we had a cavity could have gone to the dentist and took care of it. We waited, we did deadly squat. Now it's turned to a whole freaking root canal.

If we don't do it right now, the root canal, we're gon na, have to freaking lose the tooth and have an implant. That's pretty much. What we're looking at so i'd rather have a root canal today than an implant in a few months. How about you? Well, jerome powell doesn't really give a.

It seems at this point. He's basically kicking the can down the road hoping for some miracle, but i don't believe in miracles. So, in my opinion, we're all screwed unless he wakes up and do something really fast and a huge shout out to adam jonas unrelated to the jonas brothers, the morgan stanley analyst and the friend of the channel. Huge tesla ball comes out with his top 3.

Eva picks for 2022 and names, tesla, of course, for the software engineering, the batteries the infrastructure chooses reviewing because of their unique market segment and the amazon support, and somehow we got gm in this list. Yes, general motors, the company that came out with the chevy ball the hottest car in the market. It's literally on fire um. The car that got recalled - i mean 100 of it got recalled.

They literally had parking lots banning the chevy bolt that company the company that led the ev industry according to biden and his rationale, names, nothing that has to do anything with evs check it out. Strong cash flow diversified portfolio, whatever the hell. That means great margins and get this good balance sheet. You know, what's the abbreviation of balance sheet bs and by the way, a huge shout out to our channel members and patrons you guys are awesome.

If you want to watch a video in which i explain why we're headed to a crash which already has begun actually - but we haven't noticed yet i'm going to put this video right here - i suggest you watch it just for the sake of your sanity. Also, since we're coming up on christmas and never asked it, there's a subscribe button right here. If you want to support the channel, might want to consider subscribing as a christmas dismissed. I like this miss christmas gift.

Gizmos is a guest miss to me i'll, see you tomorrow.