Folks get ready. We've got a lot to get into today. so right now everyone is looking at this market and wondering how fast this can run. And so I need to take you through some new predictions from Big Money Analysts that suggest we could be in the beginning of a new boom cycle, much bigger than even the Do com bubble.

Number two, we have key earnings coming out this week and I want to prep you and get you ready for some plays that should see some big outsized movement what do you need to know? And lastly number three. with all the uncertainties in the world today, the geopolitical crisis in the Middle East and emerging with China the insane money printing a super controversial election coming up well now might be the time more than ever really to look at gold. It keeps breaking out into new alltime highs and there's many predicting it's going to climb much further. And so in today's video, we're going to be breaking this down and doing a sponsored segment on Gold Royalty Corp to resemble G Y G Y is an Nysse trading small cap and one to put on your radar as soon as possible and as always, make sure to do your own due diligence on all stocks and strategies presented in this video.

If you're the one taking the risk, you got to be the the one doing the ultimate. Frisk Okay, so let's go ahead and get right to work. So last week the S&P 500 broke out over 5,000 for the first time in history. If you look at analyst projections in the beginning of 2022, the consensus back then was that you would see the S&P 500 fail to reach a new high for years, eventually come back slowly and see very, very slow subpar growth for the years and even decade after that, and only then would you get into the 5000.

Well, they were wrong and the rebound and breakout happened a lot faster than markets had projected and few still today are appropriately positioned for this, which is helping to cause a massive squeeze in many areas of the market, accelerating this uptrend even further. But now you got understand that analysts are jumping on the opposite Trend Rushing to explain why this Market is going much much higher and a lot are coming to the conclusion that we might be at the beginning of a new bubble cycle, something crazier than the dot bubble. This time, the AI bubble JP Morgan posted some new outlooks on the big Tech rally on Friday. According to the Morgans of JP valuations still look reasonable and they make the case for them to go much higher quote after rallying more than 100% in aggregate in 2023.

The Magnificent Seven Stocks have shown no sign of slowing this year. Valuations have expanded modestly, but a larger proportion of the increase can be attributed to Rising expectations for earnings in the year ahead at face value. There is no denying that the mega cap stocks trade at a premium to the rest of the S&P 500. But when comparing the aggregate forward price two earnings ratio to history, it is roughly in line with the 10-year trailing average.

Given our confidence in the earnings trajectories, we prefer to look at valuations on an earnings growth adjusted basis. This measure called the price to earnings to Growth ratio shows that the Magnificent Seven valuations still look reasonable to inexpensive. Okay, so in summary, here they are making the case that although the largest companies in the S&P 5 Hundo are priced higher than other companies in the index and are the biggest runers and are the main stocks left in the market, their valuation is still Justified When considering their historical price to earnings ratios and expected earnings growth, moving out, you look at what that looks like plotted on a chart. Well, the price to earnings over earnings growth AKA V PEG ratio is lowest on the Magnificent 7.

The other remaining 493 stocks in the S&P 500 are at a PEG ratio of 2.42 The S&P 500 overall is at a PEG ratio of 1.88 and the S&P 400 is at a PEG ratio of 2.19 which means net And in effect, if you're buying any stock, well, you're getting a lot more bang for your buck with a magnificent seven stock. Despite the fact that they've gone up so much already, and understanding this is key to understanding why big money continues to rotate into the Magnificent 7 at a much faster Pace than the other areas of the market. Now that being said, the big elephant in the room is that a big reason there's so much investments in markets right now is because of all the potential. With AI from JP Morgan quote, the AI hype is real companies are producing earnings results to validate the rallies they have seen over the past year and with the largest names in the technology space accounting for a large share of both Us and Global Equity benchmarks, the story matters for all Equity investors.

They give an example with Microsoft Quote take Microsoft AI most recently contributed double the amount ount of growth to its Cloud business than in the previous quarter and of course I had to go ahead and appropriately ask chat GPT to find me 10 other companies using AI to improve their business and give us some real numbers on how they're seeing Improvement so far and this is what chat GPT came up with quote Amazon uses AI to optimize its Logistics and delivery Network reportedly saving billions in shipping costs Amazon has reduced shipping costs by over 15% in some areas by using AI driven route optimization Google's AI advancements have significantly improved its search algorithms and AD targeting contributing to a substantial portion of its Revenue growth specifically AI enhancements in Google ads have increased clickthrough rates by up to 30% driving higher ad revenues for Netflix it says by using AI to personalize recommendations Netflix estimates that it saves 1 billion annually by reducing customer churn. The recommendation system accounts for over 80% of the content streamed on the platform. American Express American Express has implemented AI algorithms to detect and prevent fraud, reducing fraud by nearly 40 % while approving more genuine transactions. IBM's AI powered Watson has been used in healthcare to improve patient outcomes and reduce costs in oncology.

Watson has helped in identifying treatment options, leading to a high concordance rate with clinicians Recommendations: UPS Through its Aid Driven Oran system, UPS has optimized delivery routes, reportedly saving up to 10 million gallons of fuel annually and reducing by 100,000 metric tons. the CO2 emissions And folks, the list goes on and on. A lot of people like to say that AI is useless hype, but it's actually helping Tons and tons of companies today. And quite frankly, if you're a company and not using AI in some form, well, you're wasting a ton of money, You're wasting your efficiency and you're going to be destroyed by your competition.

And so when you're looking at this, the takeaway is that there's more legs to this. AI Driven Euphoria How does this compare to the Doom bubble? Well, the top 10 companies in the Doom bubble had around a 44x multiple. At highs, the weight was around 27% earnings contribution was around 28% How do we look today If the charts were updated? Well, if today was updated, we'd be at around a 29x multiple for PE ratio of The Magnificent 7. You compare that to the 44x multiple in the Do Com bubble and it's still got some room to climb.

Weight of the Magnificent 7 in the S&P 500 is at about 28% which is ever so slightly less than the top 10 stocks in the Doom bubble. Earnings contribution of The Magnificent 7 is around 18 and expected to climb to 20% Back in the Com Bubble, it climbed to around 27% In 2021, it climbed to 25% and at the same time, earnings are expected to outpace the rest of the market. So what does all this mean? Well means that the rallies in Big Tech are unlikely to be anywhere near over. Not only do they have real fundamental reasons to run AI exponentially increasing their operational efficiency, but at the same time their valuation suggest they are at worst mid to early bubble.

When looking at the historical data, that's and in effect folks, I mean the takeaway is that this AI craze may be something unlike anything else we've seen in history and should not be counted out this early on. Okay, next let's go ahead and get into earnings and what you can expect this week. So most of the major companies have already reported earnings, but there's a few that I'm looking at this week and you should as well. Firstly, Shopify Shop Shopify's revenue of 1.7 billion in the third quarter of 2023 was 53% higher than in the same period 5 years ago, and its gross merchandise volume jumped from 10 billion to 56.2 billion over the same time frame.

The company's overall trend is positive and the stock price has started recognizing that, but this is an opportunity for Shop to wake up more. They had two profitable quarters last year and this earnings is going to be useful to determine if the trend is going to continue. Airbnb on the other hand, is set to reveal a significant year-over-year increase in earnings. Booed by higher revenues analysts forecast quarterly earnings of 69 cents per share, a 43.8% jump with revenues anticipated to grow 13.5% to $2.16 billion, and despite a nearly 50% surge off its M lows Airbnb faces challenges including regulatory pressures and a high valuation.

Recent weeks have seen a bullish turn from analysts with earnings per share estimates revised upwards by 2.74% This optimism is based on Airbnb's history of surpassing earnings expectations, having done so consistently over the past four quarters with Airbnb stock fluctuating recently, investors are keenly very keenly watching for updates on future guidance, especially concerning the ebit, margin and growth strategies. admidst competitive and Regulatory challenges. Despite potential profitability issues highlighted by analysts due to competition and high expenses, Airbnb's Innovative platform remains a strong player in the travel industry and of course, is one of the first movers. The upcoming earnings should shed light on how it plans to navigate these hurdles.

Okay, I'm also interested in Upstart. You want to pay attention to Upstart the start of up. They've been facing a lot of headwinds as well, but bigger Pi Upstart is right in the middle of AI applications, and its focus is on the lending. Market Whether it's financing for personal loans or cars or whatever, Upstart is a company to keep your eye on and likely will join the AI euph Foria later in the cycle, but this earnings report will be a good early indicator Quite frankly, if it beats, it'll end up being a short squeeze stock real soon.

I'm also very interested in seeing what happens to Draft King, the king of drafts coinbase and TTD the trade desk as well TTD specifically representing advertising and marketing spend, which seems to be coming back pretty damn aggressively. Coinbase also should see a boost in trading as Bitcoin prices and a lot of the other crypto assets have been going up. DraftKings Obviously you've seen some wins there as well. so I want to see updates there? Okay, let's go ahead and move on to today's gold segment and specifically the stock that we're going to be spotlighting in that segment today.

and that is Ticker Symol Gry for gold royalty Corp But context first. So from ancient empires to Modern economies, gold has been a constant source of value, and Trust to one of Gold's most compelling attributes is the ability to maintain value over a long time. Horizon Unlike paper currency which can be affected by inflation or economic policies, Gold's intrinsic value provides a hedge against inflation and currency devaluation. These inherent qualities have made it a Cornerstone for financial systems around the world, and it's especially relevant right now as well because gold prices are hovering around their all-time highs and continuing to break out higher and higher.

A prominent Bloomberg intelligence analyst just said gold could be headed to 7,000 by 2025. Famed author Robert Kosaki for sees gold reaching 5,000 per ounce in 2024. Right now, it's trading in the 2000s, so even even if they are just partly right, that's huge, huge upside potential, right? And so that puts the spotlight on gold and gold related Investments And that leads us to today's specific sponsored Spotlight on Gry Gold Royalty Corp But a Gold royalty company? What exactly is that? Charlie Charlie To Well, unlike traditional mining companies that own and operate mines, a gold royalty company does not engage directly in mining activities. Instead, it provides Capital to mining companies in exchange for a percentage of the min's future production.

or Revenue This Arrangement allows them to invest in the mining sector without bearing the operational risks and high Capital expenditures associated with running a mine and gold royalty companies like today. Spotlight Gr Roi provide investors with a unique blend of exposure to gold's price movements without the operational risks associated with mining companies. They earn royalties or fees from gold production translating to lower costs and potentially higher profits. Consider this: traditional mining operations face challenges from rising operational costs to environmental regulations.

Gold royalty companies, however, sidestep these issues. f Focusing instead on the end products value. This model offers a potentially more stable while still potentially lucrative investment option and something to do your du digigit on with. Gry.

You're not just buying a single mine or project, you're investing in a curated selection of gold mining operations across the Americas including all over the US Canada Central America and South America. So what about the chart? Charlie Charito Well, GOI has been bouncing around the $118 to $162 range, but with it getting closer to the low end of the spectum, I'd start watching for a new break upward. How far can it climb well HC Wayne writes Hio F put a $5.50 Target on the stock. This prediction suggests some 290% plus upside Potential from its current trading prices, but for our purposes I would argue the best way to look at this is to see if it can show some proof of concept on the chart.

First Watch for a break above that red directional SMA line and see if it can build consensus momentum through the $155 and $162 resistance levels. and Beyond Before you start looking at that $5 region, remember you want to see proof and not promises. Let the stock prove to you its momentum along the way before you start assessing it yourself. Anyways, folks, make sure to put this one on your radar and do your due diligence on it into the coming days and weeks and months.

I Think that gold is something you're going to want to watch as well, but gold royalty is definitely something interesting. an interesting segment of that market that a lot of people may be undervaluing. And of course, as always, folks, make sure to do your own due diligence on all stocks presented here on the channel. Whether sponsored or not, this channel is only for ideas, but it is up to you to do your own due diligence and form your own opinions, right? of course.

Anyways, folks that caps off today's video, make sure to hit that ravishing like button and subscribe and we'll see you in the next one.