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Welcome everyone to another market closing live stream. Oh my goodness. The stock market is taking off and folks kind of expected this because remember what our catalysts of fear were three weeks ago uh, maybe two and a half weeks ago, evergrand fears debt ceiling, fears, government shutdown, fears, infrastructure, fears, interest rate fears, tapering fears; okay, let's walk This back, we've already talked about tapering. We have our time frame for tapering, that's over the uh.

I'm not gon na get this order right, but the uh interest rate fears i've ironically, been very, very stable. The bond market has been incredibly stable over the last couple weeks. Here, it's been incredible: evergrand fears, fizzled away, budget got extended, didn't shut. The government down debt ceiling crisis now delayed through november infrastructure.

Now we got time to negotiate through november. Literally, all of the fear catalysts are going poof and that's what i'm talking about is we want to invest in fear when people are freaking out going, that's it. This is the beginning of the end. You got ta ask what's the catalyst somebody please tell me why i should be more fearful now than i was on march 19th before the bottom of the market on march 23 of 2020..

Tell me tell me, please: why should we be more fearful now than we were, then we shouldn't be? We should be cheering the fact that companies are substantially more efficient, substantially more capitalized have more fit a more productive workforce are investing more in productivity, better machinery preventing supply chain issues in the future. We are creating a mega mega, strong economy. Now, look we're still going to have headwinds commodity price inflation, uh commodity indices at record highs. People talking about the potential next commodity super cycle.

Is that what we're going to run into now or or is what we're seeing temporary uh? You know supply chain disruptions leading to commodity prices skyrocketing. I don't know, that's to be determined, but in terms of our favorite companies you have to like. In my opinion, you just you, buy and hold these suckers uh. Take a look at the market today and what we've got so first things.

First, we'll start at the top here. Look at a firm one of my oh, my gosh uh, it's even up more than i thought it was going to be uh. This has been one of my biggest plays uh as of late, and this is a company that, as my last check uh, i have in a theorem. It says here a firm is about six percent of my strictly share portfolio.

Almost the full ten thousand shares just need about a hundred ish 190 ish. More shares to get to 10 000 shares, so uh good, good chunk of change in a firm and it's up 23. Today, on news of an am a target partnership which they've already been partnered online with target, but really this is excitement about the uh partnership with layaway and we'll provide i'll. Do a more detailed breakdown on this and really the implications for this.
But uh a firm is one you don't want to sleep on in my opinion. Now i don't know that i would necessarily try to like run in and buy it right now. I don't like buying things when they've skyrocketed. I like buying things when they're in pain and that's why i last bought a firm just a few days ago, at 109, bucks uh or i may have sold, puts i don't remember what exactly what i did.

It doesn't really matter either. But the point is i like investing in pain. That's also why i bought owlette, which is up six percent today uh. It's also uh why i bought enphase as much as possible here in the 140s, and also in the low 150s, which is where we are now, but we're up.

Four percent today, coinbase back to about 250, been buying docusign docusign of about 3.37 uh. Here we've got a lot of wins here so far uh. Today, it's really incredible: expi uh etsy, these folks rotating back uh lemonade slowly coming up with a two percent gain. Some of the higher quality companies nicely moving palantir getting burned a little bit pound here.

Let's see what's my percent, i should do a full breakdown volunteer point eight yeah point: eight percent uh in my portfolio right now, but um anyway, so uh, okay, let's, let's look at the downside here, camber energy, all right, so i made a video about this yesterday. Uh about why this thing was dropping, it dropped 50. Yesterday it's dropping it's now down another 39 uh. The momentum is gone.

The short seller just accelerated. I feel like what was going to be a natural sell-off process anyway, so uh good for you parson and faze. I'm glad you're up uh on end phase. Why didn't i buy more firms was probably because you don't have the alerts for the stocks and psychology of money program where you would have seen me buy on a firm and gotten those push notifications to your phone.

In case you want those make sure to use that 41 off coupon code link down below on stocks. Psychology money remember it's very popular for people to be bundling up with the other programs like the real estate, investing group, so uh, okay, let's see here just closed on a deal by the way on friday, and i had three properties in escrow, but one of them Turned out not to be something i wanted to buy, so i'm only at two properties in escrow right now, although i do have a message out to another agent right now, because i want to write another offer all right. Additionally, let's see what's moving down here, bed bath, some recovery - things really moving down here, but then again, you've also got a beach a lot of a lot of the the more uh on the speculative side of things. Companies selling off i'm just gon na read off the speculative ones here, in my opinion, camber ater uh, a tyrion, whatever uh workhorse voyager digital as a canadian stock with uh financials that are a little bit harder to review, because they're not listed in the uh uh.
On the sec, at least that that you can easily find uh, they are uh they're, they're down gosh nine percent geez on a day crypto's up too it's interesting uh you've got uh seagate technology that one. So i'm not really speculative. You have meta material down. 5.5 beachbody has kind of become speculative as it was more like a spock, that's getting punished meta material.

I feel like beachbody really must have just ran on valuation for its old p90 reputation but p90x, but just just never really uh caught on to mainstream again now uh bed bath american airlines. So we got some recovery movers down some of the evs moving down like canoe uh, interesting hud, 8 mining is actually down dutch bros on the recovery side, down tattooed chef down spirit airlines, down arkamoto down uh. I had covered calls on this and took some big ten days on covered calls. That was great, dq delta.

I do want to know why some of the solars are lagging. The mortgage companies are just getting absolutely obliterated and they have been getting obliterated for a while. Uh, it's just really incredible. Like some of these smaller companies just absolute destruction.

Okay, then we have, let's see here, planet, okay, i cannabis stay away from right now: win 84 uh hippo 444. Trying to see here, amc amc is trying to recover here into the close matterport. There's the darn thing keeps bouncing around neo at 3367. I think is still a good deal.

Matterport 18 is an okay deal really like matterport long term tesla's, actually down into the close here a little bit 0.21 says robin hood, but it seems like i want to know. Uh, i'm going to run a poll here, really quick. Let's do this! Okay, let's run this poll, everybody can vote in it. Do you like robin hood? That's literally the question: do you like robin hood? Yes, no, okay, curious, okay, so uh, oh cloud flare up again nicely today.

Five point: seven eight percent end phase at that three point: eight three good! Okay, then we're back to these greens over here, uh very nice, very, very nice good, so yeah the palantir bleed out. I find very interesting here, uh pound here only sitting at one point. Four percent up yesterday was up like 13 percent in the after hours. Incredibly euphoric, but uh anyway, speaking of euphoric, look at affirm folks.

This is something we can cheer just dala holla's right here, very, very good, okay. So now, let's go ahead and uh see. If we can oh and then, of course, we got sheeb over here and kind of track. The uh, the sheep train, wow uh, here's the six kind of flat intraday, but uh did run up there towards the uh.

The turn of the day here, fascinating, okay, good. So next up, let's go ahead and hit some news: oh smile direct, finally recovering a little bit too. This one's just been in the toilet anyway. Okay, so, let's hop on over to some of the news and see what we got going on in the news space.
All right so, first things: first, let's look at the indices here, dow jones, mostly flat s p, mostly flat, nasdaq, mostly flat and russell 2000 down 0.73 dow jones 0.03 s, p, 0.09, 0.11 now and 0.12 at the nas. Let's go to bloom, she might be running bitcoin yeah, hey wow, okay, i'm looking at the votes now. Let me see how many people have voted just over 1300 of you have voted: uh, okay, okay, a little bit less unified than i expected, but uh. That's interesting! We'll come back to this if you have not voted in the poll, yet whether you like or do not like robin hood, please vote all right so bye, so we i made a video about this mcconnell thing.

This is a great way to lift anxieties. Let's see what this is biden, enlists diamond and frasier diamond, like jamie diamond joe biden enlisted financial and corporate leaders to help him pressure republicans to stop efforts to suspend the u.s debt ceiling warning. The government faces the first ever default. That would tank the economy.

Biden hosted a virtual meeting at the white house with several ceos whom he asked to explain how a default would impact their business, we're going to be defaulting on a debt that would lead to self-inflicted wounds that he that would risk the market tanking and wiping out Retirement savings, ceos scheduled to attend include citigroup, uh, bank of america, brian monaghan, jp morgan's, jamie dimon, wow president and ceo of the nasdaq wow raytheon deloitte. Oh, we got a lot of people going see. This is the kind of zoom call i want to be on, like that's that's cool. Ah, you think they'd.

Let me on with my uh. You know with my beautiful druid shirt here. You know a tree druid see it says druid somewhere down here. I can't see it whatever defaulting is going to cost lasting damage, yeah well, um.

It looks like his uh, his whatever his strategies have been have worked because he's gotten mitch mcconnell to fold which is uh excellent, could also be just a complete control play by by mcconnell. That's certainly how he's branding it, but anyway uh that's great. It's very, very good. Okay, many firms are under investing in china yeah.

I believe that uh all right, let's see here what is this? Okay? Oh, this should be juicy you all ready for this one. Let's go talk about morgan stanley's mike wilson warns a fresh stock market pain. You know we just started this video off talking about how so much pain has been evaporating in the market. As we have predicted, we predicted that pain about the taper would go away.

We now have a taper course. We predicted that pain about the infrastructure package would go away. We now have more time we predicted the debt ceiling. Pain would go away.

We now have until the end of november. We predicted that the government would not shut down or if it did, it would be brief and it would end up getting resolved. The government did not shut down and went away. All these are fear catalysts that went away also predicted that the ever grant crisis would not be a lasting crisis and thus far it has not been.
Therefore, so far, we've been doing pretty well with the predictions that the fear we have in this market would evaporate. We've also got the jobs and inflation data coming out, which so far jobs data looks like it's going to show a very robust economy based on today's private employment report, which beat estimates. So it also makes sense because we have the unemployment boost expire. We have delta fears, evaporating so really good things happening in the market, but with that said, we do have some fud fear, uncertainty and doubt not to be confused with misinformation or disinformation or well.

Then again we haven't read it yet. So, let's see a little more than two weeks ago, morgan stanley's mike wilson warned of a 20 plunge in u.s stocks being a real possibility. Since then, the s p 500 has weathered bouts of volatility to remain near all-time highs. Now skeptics like wilson, find a more repetitive audience as the bond sell-off gathers pace and stocks fall in wednesday trading on growing supply side crises around the world.

It's all emboldening the strategist in his view that earnings season will do little to temper the commodity, fueled inflation fears, just as pent up consumer demand, fizzles out we're in the final phase of this mid-cycle transition. Oh, that always sounds scary, like we're in the final phase of this mid-cycle transition, where growth is decelerating and the market corrects ooh, he said in a telephone interview, while the s p, 500 multiples had already slipped to 20 times its coming your earnings. The analyst sees further declines to 18 as the near time or near term. Earnings combine that, with the likelihood that corporate profits fall from here and it's hard to justify stock prices at near record levels.

Oh anytime, you get multiple compression, you reduce stock prices and inflation can create that sort of multiple compression we've been calling for this 10 to 20 percent correction. That would be led by tech stocks. We think earnings estimates are too high. U.S stocks fell early wednesday and european uh benchmarks fell about two percent when the treasury sell-off extended for a third day, the s p.

Well, it's been relatively flat right now, but okay s p has defied numerous warnings to double from its covid trough, but investors are now grappling with inflationary concerns that have been unseen over much of the last year. Meanwhile, one gauge of consumer prices is rising faster in three decades to send benchmark treasury deals to three months highs. That's bad news! Okay! I wonder what that benchmark is um. At the same time, retail investors have become increasingly absent as dip buyers.

The retail community has been very resilient, but eventually, if they want to buy the dip - and it doesn't work, they don't buy the next dip. That's what happened a few weeks ago when the s p pulled back below the 50-day moving average right. The team recommends here. We go recommendations.
The team recommends value stocks, traditional cheap cyclical names, like banks and energy producers that tend to gain along with bond yields. I mean it's interesting that you would pick energy producers at this point. I mean that assumes that this energy crisis would continue and that you'd want to hedge, which is possible, but uh. If you end up having a resurgence, uh or not a resurgence.

If you end up having uh sort of a correction back down at commodity pricings, i i don't know how exciting that would be. We believe final demand will stay firm as both corporate uh and the consumer are in good shape. I don't know kind of a mixed messaging in this one. It was uh, it started out strong, but uh, not not so exciting.

Yeah. Why why hut eight is down, i think, is a very interesting one. I i don't have an answer to that. I may try the term here really quick, let's see if i can log in in the meantime, let's look at the s.

P. 500. Let's see if we get a sell-off into the close nope. If anything.

Right now it looks like we're kind of going and rally into the clothes on the s p 500, but we will look into hud 8 to see what the scoop here is. Okay, dmv does that stand for anything dvmb all right type in the wrong place. I don't think so. It almost looks like dumb.

It was one letter away from the word dumb so and then it's like, oh, are they calling the article dumb or you dumb? Oh man, superstitions all right, let's keep going here. So how are we doing? Well, we've got an acceleration in smile, direct cloud. Flare's up 5.97 up work is uh running a little bit 5.17 running a little bit into the close, so is monday.com a lot of these. These work from home stocks doing very, very well right now, camber is getting obliterated.

Uh gosh. Anybody who bought the dip on that this morning is down like another 30 right now, it's crazy! Oh, that's why you got ta be careful. Buy the dip is not a good idea on momentum, because when you have a dip in momentum, the dip keeps the dip just keeps dipping um one letter away from dump: oh yeah, actually was it a p? Now i can't remember if it was a p or b but anyway yeah all right, so uh, let's listen to cb cmc here for a moment saying that their rivals don't do as much as they do in this matter. The ce also defending facebook's work on instagram for kids, saying that tech companies should build safe experience for the young people that are inevitably and already using technology, guys julia borstein julia.

Thank you josh. I i feel like with this whistleblower testimony. You watch it as a parent, you watch it as a citizen as someone who believes in democracy and then as a shareholder are, are they different right now or do you think this is starting to really have a psychological impact on investors? Yeah you know i i made this point on half time yesterday and i'll repeat it like there. There have been worse moments for facebook in the last 10 years or eight uh, almost nine years since they've come public.
There have been worse pr crises yeah, that's true, but we're gon na go ahead and back off this so golly would i do any dip buying uh. Beyond the moves that i have made that i've sent um? What is there to dip by? I don't know: corsair is doing, gosh just keeps going down and down and down, there's just slow, bleed zoom as well. I think 253. Oh yeah, look at these trends! Folks! These are horrible, oops, uh, yeah, okay, it's somewhat slowed yeah! That's not such a good line! Better off trying to do something like this: that's much better makes you wonder if it could break out of this there.

We go definitely got yourself a wedge now. It looks like a dragon head. Doesn't that and like the moving averages there, the little red is creating like the eyeball looks like a dragon, we created a dragon and zoom. I wonder if that means it's going to fly up or is it going to fireball yeah fireball see this.

This is the kind of quality ta you could also learn in stocks and psychology of money, drawing dragons and talking about fireballs you're missing out. If you haven't used that coupon code and you're missing out, if you haven't gotten your seventy dollars in free stocks or up to seventy dollars in free stocks with public, go to medkevin.com public and get yourself up to seventy dollars in totally free stocks, they don't buy. Sell your information and they don't use payment for order flow. What's the breaking news cnbc? What is it give me something good.

Sarah, the us and china have reached an agreement in principle for the two presidents to have a virtual meeting before the end of the year. The details on when and how long are still being worked out according to a senior u.s official who confirmed the news originally reported by bloomberg, the the meeting was brokered by national security adviser, jake sullivan, who met in zurich this week with his chinese counterpart, and there Have been some complications around scheduling, because president xi was not planning and still is not planning to travel in person to any of the multilateral events happening. This fall the g20 cop 26 and others that are happening later in the year, for various reasons, because of the coven 19 pandemic, and also because there's just a feeling within china that he doesn't need to go outside the country and that there are no deliverables that He needs to bring to the table at this time so that had complicated uh, some of the planning around whether there was a multilateral event that the two leaders could just have a bilateral meeting on this side, and so that is one of the reasons. According to my sources why this meeting has become a virtual event simply because president xi is not planning to travel outside of china.
This fall but again an agreement in principle for the two leaders to have that virtual bilateral meeting before the end of this year. Wilf and sarah kayla thanks so much for that we've got five minutes left and uh. Our gaining recession highs up 80 points. Do we care that they're gon na have a meeting? I honestly, i don't know.

I really don't know wait a second here. What is this? This is just the paper hand, society that we're in isn't it hold on a second here. What what happened on the fourth? The fourth was monday. Okay, the fourth was monday.

So, let's see here, what did we do on monday spy? Were we red monday or green monday? I don't remember okay, so this is the day chart 5'4. Was it a red day monday? Let's see here, so this would be tuesday. This would be monday. Oh, it was uh.

It was definitely a definitely a red day. That's interesting, that's actually fascinating, uh, never mind the comment about paper handy here we had paper handing last week like crazy arc, invest, had a big outflow at a day that they were almost down a 297 million dollars on the 28th. That's crazy, but anyway uh on the fourth, they had a 268 million dollar inflow right here on the fourth that was a dip day, folks that the fourth was a dip day. Let me see how much of a dip day it was.

The fourth was: oh: barely it dipped up 0.38 percent, the s p 500, so it was barely a dip day. Wait a minute wait, a minute that was the day after tesla deliveries. Of course, of course, so people flew into tesla stock. I'm sorry into arc invest on monday because of probably those tesla deliveries, wow, simple and then uh.

The s p was up a third of a percent yesterday and about another 109 million dollars flew into kathy's fun, we'll see how outflows end up looking today so well, but then again, today's going to end up green uh, and that also reminds me if the institutions Are the institutions going to be buying here close to the end of the day? And right now it looks like it. Market goes green. You get the institutions and the funds they start going shopping because they can't help themselves and get all those extra inflows. Lots of green, even robin hood, went green and we just did a poll here on the channel and it looks like uh out of 4 480 votes, 58 uh percent or uh um against robin hood, or do not like robin hood, wow, all right and uh.

Let's see here, micro vest seagate. Let's see, i want to see how things are moving as we go into the clothes. So let's take a look at tesla thanks. Oh look at tesla kind of moving up nicely here into the close about up a half percent or a quarter of a percent, certainly better than the fall that we had earlier.
Matterport is finally you turning going from 1763 on the low today to 1830. Here, a firm down a little bit to 1915. looks like the traders are peeling out of a firm as we get into the close of the day, uh potentially moving over to smile direct here or just waiting to see what happens tomorrow, i'll let up five percent Um - let's see here, no, it's still pretty low uh. I i want to see outlet get back to like five or six.

Let me see my call options. I think i have some calls on it. I moved my shares to calls trying to remember where they are. I have no idea where they are: oh, they must be in weeble yeah.

That's it i'll. Let's calls i'll let all that that oh yeah yeah, okay, i'll let march uh march 18th call for 250.. That's my position: okay, good! So um bitcoin, just over 55 000 strong day today, honestly, let's hit that bell. Let's see uh yeah, look at that the indices nicely green, especially after that debt talk to what is leading but nonetheless uh.

A great intraday performance means that, at the close we're up 0.5 on the nasdaq 0.45, congratulations, that is the close uh. The russell 2000 is down about 0.56 percent. The nasdaq is up point four. Seven s p at point four one and down point three: that's pretty incredible, given the disaster that we had yesterday welcome back to closing bell everyone.

I am sarah eisen here with wilfred frost and mike santoli. As always, nbc senior markets commentator take a look at how we finish up the day on wall street clinton. We just did all right, so it does look like there is a tiny little boost there right into the clothes there on a farm up. Uh looks like about uh 20 on the day, really cool uh.

Definitely like that, especially since it's a nice big old position, we've got uh cloudflare at uh six percent up here today. A very good food company continues to move here. We have owlette almost up five percent end phase. Just over four percent up starts coming back 4.7 expi, 3.4 etsy's back up almost over 210 again on etsy uh, sofi 2.25 good job, lemonade, 1.73; slower growth, really the big losers here.

Certain specs and momentum stocks getting burned like faraday futures down 6.59 percent moderna down 8.94 on still news of this merc pill. You've got workhorse, ater and camber just getting smoked today, beachbody's getting smoked as well. Let's go to merc merc, actually down about .05. I'm sorry! That's in the after hours see how mark did during the day.

That is where are you there? It is merc. Merc was actually down 1.12 today and uh down fractionally here in the after hours. Let's see what other news we have: okay, genko bio works. Yeah.

I heard that thing is that got that, like short reported, i don't know anything about it: gingko stock, it's something like this, pretty sure kathy would invest in it too. There we go genko stock, oh yeah, down 11. Today, what was down more so uh, almost down 15 percent at one point? Okay, so we talked about uh mcconnell talked about the debt limit, good catalyst, removal, awesome, hmm, all right, amazon, twitch hack shows top gamers rake in six figure payouts. Okay, all right! Nothing really exciting here.
Uh kathy wood has been projecting this for a while that she would leave new york and end up going to florida. So that's not that's not a surprise. It's also going to help them income taxes, that's cool! It's just going to florida. I wonder where, in florida it's got to be miami, come on financial, miami or tampa.

Let's see south florida, okay, that's saint petersburg wow at the end of october, really yeah right outside of tampa folks. Look at that! That's a hot area! Is that do you really consider that south florida i mean this is central florida? In my opinion, i don't think st petersburg is south florida. I think it sounds hot to say south florida, but uh south florida, sunshine city, boating yeah. It sounds awesome, but is it considered south florida like south south florida verse? I don't know why we're looking at this, but i'm gon na do it anyway.

South florida versus central florida see here at it. Oh, that bay and this bay, okay, well, which one's which now i got ta, know i got ta know i have to oh uh. No, i think i'm right see fort myers and port charlotte over here they're, the cutoff of south florida, see oh, wait, wait, but right here at the tip, is technically still south florida, saint petersburg. No, that would be here so this key over or this peninsula over.

Here, i'm right: it's central florida, it's central florida get out of town bloomberg that uh, oh, but they didn't say south florida, i'm the idiot. I misread it. It says: shift south to florida. Dang it kevin you screwed up.

Oh man, all right whatever like who doesn't know that florida is to the south of new york, whatever, whatever all right. So uh smile direct dropping about two percent here in the after hours uh. But you get a little bit of this uh and early after hours. Volatility, so not a surprise to see a little bit of volatility here in the early after hours, no big movers bngo trying to uh not be ngos.

Sorry uh camber, trying to recover a little bit here. Uh bitcoin's been sitting mostly flat on the day, so is dogecoin and ethereum. With the exception of its early morning, pop uh cardano's done roughly the same thing sitting at about 223 right now. Uh, then, let's see here anyone catch a firm, yeah buddy.

We caught a firm, a firm was hot. Today it was great uh. You know, part of me is like i got, ta sell calls, but i didn't i uh, i think, there's a. I think there's too much of a risk in that right now: um uh, one sec, okay, uh! So all right.

Let's look at some other news. Let's try like financial times or something like that. Okay, let's try the ft. Let's see what we got over here financial times really, this is interesting.
Us is considering releasing emergency oil reserves to tame the fuel price surge ooh. Well, that would be a a populist move from uh joe biden's administration reduce those uh gas prices, but uh interesting yeah. This is really because we have, we have a strategic oil reserve uh and we have uh. We have the potential for a lot of capacity, but we really haven't seen capacity bump uh in the last two years.

If anything, it's declined in terms of production capacity. We have been, we have half of the oil producing rigs that we had in 2019 active right now, it's kind of crazy all right, this s, p reversal by the way. Today, the intraday reversal was the biggest intraday reversal. We have had since february wow, incredible.

Okay, u.s energy secretary jennifer granholm has raised the prospect of releasing that crude oil from the government's strategic petrol reserve, declaring that all tools are on the table, as the dubai demonstration confronts a politically perilous surge in the price of gasoline with the average price of petrol. At the pump hovering around 319 a gallon highest in seven years, the white house fears that a rise in fuel costs could damage its political prospects ahead of midterm elections next year. That's a good point. That's a very good point! Uh all right! Let's see here, strategic petrol reserve located near the gulf of mexico is the world's largest emergency stockpile of crude 617.8 million barrels of oil last week equal to about one month of u.s petrol products demand.

Well, you don't need to replace all of it either, because, even if you just replaced, even if you just trickled out an extra 10 percent, uh or or you know even eight percent or whatever a month that would be like you, it would last you a year. You'd be able to trickle it out for about a year and uh. You should be able to bring gas prices down by just trickling, some of it out, because remember you don't have to replace all of the demand uh supply. You just have to replace some or add to some of it: price accrued at 77.60, hovering at the highest level since 2014, and we talked about opec plus already on my inflation, video lots of lots of drama and commodities and oil, though okay, all right.

Let's see who else we got talk about mcconnell biden, kathy moving, oh it's top of financial times as well. Kathy's moving to florida, man, i'm jealous, i'm so jelly. I want to move to florida. Will american drivers go electric? Yes, gm aims to double sales by 2030 with boost from electric vehicles; good luck, uh traders, phone up gambling helplines as game like broker; apps spread traders phone up gambling helplines, really any you ever call one of these gambling helplines.

Helplines of gambling addiction recovery groups have been ringing with a new kind of caller day traders. The rise of mobile brokerage applications outfitted with prompts animations rewards digital flourishes have brought the feel of investing platforms closer to online sports, betting and gambling. The user experience is converging and the line between gambling and investing, which is already pretty fluid, has almost been completely erased. Wait you mean yolo calls on camber aren't investing usscc is now examining the extent uh which they have digital engagement practices, including gamification, blah blah blah.
Okay, slot machine style, graphics, leaderboards, whatever addiction by design; okay, all right, sorry, not interested inside the battle to be europe's robin hood who's. Trying to be europe's robin hood. Let's see robin hood's decision last summer to abandon its uk launch, fired the starting of a gun, fired the starting gun for a race to fill the gap. Hmm free trade, trade republic, lots of different apps can only imagine the amount of apps are out there.

Oh, that's bad! Oh, what a bad pun hold on it's! It's actually interesting, though uh stonks call suicide hotlines and they get put on hold. Oh ouch, oh gosh, that's bad uh! You put up you get put on hoddle! Oh no! Hey man, just just hoddle! Oh, that's so bad! No, no! No! No uh! All right! I'm gon na remove that little banner here. Thank you for the october 15, the firm call i was able to get out with 150 percent profit, i almost bailed friday and yesterday with a 30 loss. Thank you so much yeah.

Well, you had a call for next friday into the day. That's a that's us good for you. You got some diamond hands there holding on like that, and i am happy you took. Profits, take freaking profits.

Okay, i um. I had some salt puts on a firm and i took some candies today: okay, it was 29 000 attendees and some of them were up like 90 and i'm like yes, i'm like cha-ching, so uh yeah, congratulations on a firm folks, so uh yeah do not feel Guilty taking profits on your options, take profits on options. Options can just like that. Go fat, negative and then you're a bag holding weenie baby forever wondering when you should paper hand your losing bags.

Sorry, is that too blunt, i don't know. Probably i think this. This was fantasia right yeah. This was fantasia.

I like the picture here. That's interesting. I wonder if the workers really do wear hard hats like this. That's kind of cool covers you up from the sun, literally cool anyway, all right.

We have anything else going on anything. Let's see here go to bloomberg bloomberg bloomberger, okay, um. Let's see ecb is said to study new bind bond buying plan for when crisis tool ends. Okay, debt ceiling, anxiety, tracker! Oh that's! A good one.

Take a look at that! Oh, what is this so? Meanwhile, investors in need of alternatives to certain t-bills are flocking to the reverse repos, adding to the band created by t-bill supplica. Okay, reverse repo is still kicking: butt protection against default, small buffer. I'm trying to find, let's see, treasury's cash balance is down to a hundred billion dollars. Yep, that's why we got a debt ceiling crisis treasury bills.
This is okay! No, these are just different graphs. This isn't too interesting all right. Let's look at what the 10-year treasury did, though, do that over here all right, we over here ten-year treasury 10-year treasury, ended at 1.526, pretty stable. You didn't really get a sell down uh on the debt ceiling news today.

I don't know i'm gon na probably release a video here on shibuynu and uh rivien soon, but uh yeah. Beyond that, i i don't know. I think that about covers it. So uh i'm kind of excited about that.

It's uh, it's a good stock market day very good. Let's take a look just to see if there's anything crazy, going on in the after hours here in the meantime, make sure to get your up to seventy dollars in free stocks by going to mckevin.com public and check out the programs down below and building your wealth. Every time i buy or sell whether it's crypto stocks options sell options, buy options. Uh puts calls, i don't care what it is.

I post those alerts uh most of the time with screenshots uh. Sometimes, when i'm rushing - and i do it like live or something like that, whether it's in the course member live or what uh i don't, i don't throw up a screenshot because it's recorded live but anyway uh so a firm hole. Oh look at a firm 135 in after hours. Now, how high did we actually run today because it was? It was up like 123 or percent or 23 from what 138 138.88 all time high.

Today, nine thousand all right, let's see, i can quickly look at some short interest. Although you got ta, be careful folks, the whole, like short interest thing, has kind of evaporated. I'm telling you it's, it's uh hold on a second short interest. Ah, there we go run up.

Okay, all right. Let's see what we got um all right, yeah ryan, that's a good one! I agree on the valuation there shebe okay, so somebody wanted to know a prague. Give me some short interest names progenity. It says the short interest of progenity is 12.13 percent.

I'll. Give me some names here, folks, tesla 3.29. What's another one, uh amc, ooh levi strauss beats estimates. I didn't know they were reporting today, 18.51 on amc, it's going up again, ater! Oh my gosh atr's.

At twenty seven point: three percent short fuv. Thirty two point: four: two: one percent wow owlette yeah: let's see how short it is. Oh, that's like not short at all. It doesn't show up, which is weird because we know the short sellers are in it unless they already dumped a firm.

I don't think has much short term. 7.21 short. That's actually gone up a little bit over the last bit. That's interesting amaran! Oh my gosh.

Why 9.19 body 7.73 lcd 8.42 you are nm was that uranium something 1.32 holland here uh pound tier three point: five six hippo is like super low on the shorts as well. It's so great 1.7 charge point 8.99. It's been declining, uh bbig, i don't think is going to. Actually let me shift technology has been declining at 1847.
Now: uh, hey, okay, i'm gon na do like one or two more hiti doesn't come up. Gtcf 29.87 wow, so five hiti doesn't come up unless i'm reading that wrong. It's not two eyes. Four point: four: two percent on a firm g r e e 40.92 mrna last one mrna mrna, 4.05.

Okay, i got ta go folks. Thank you very much for being here. It was a blast as usual, and we will see you all in the next one.

By Stock Chat

where the coffee is hot and so is the chat

29 thoughts on “Why stocks & crypto are skyrocketing!”
  1. Avataaar/Circle Created with python_avatars Odile Labalette 👉 FABULOUSHACKERS🪐COM says:

    Thank you 👆👆👆👆for keeping your word you’re truly trustworthy person and I appreciate you for that..

  2. Avataaar/Circle Created with python_avatars valo alto says:

    it happens due to the fact people start to realize inflation rates. also i wait for even greater rise after end of fud news about tether

  3. Avataaar/Circle Created with python_avatars Jossyjames🤏 says:

    <HEY !!! Haven't you'll heard of Edward Joseph? Why lose your coins? He is the best trader ever, i have traded with so many traders, but he is extremely the best, bravo👏👏👏 ……. 🚀> .≤..≤……,.

  4. Avataaar/Circle Created with python_avatars sebi_089 says:

    the market always crashes after we all run out of buying power
    thank me later

  5. Avataaar/Circle Created with python_avatars brady joslyn says:

    <I respect your work mate, because you are pointing people in the right direction, this is the FOMO October for incoming dip in November . It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Seth Leonard, for his amazing skills for help me to earn 20 BTC through trading chart. I believe we are in the spring phase

  6. Avataaar/Circle Created with python_avatars christoph lichter says:

    Spot on, the crypto market has been unstable. People ask themselves if this is the right time to invest? before jumping into conclusion i think you should take a look at things first. BTC price fall means analysts remain divided over whether it is entering a bear market or is just suffering a brief correction on the road to more record highs. Investors who bought early are still in profit despite the recent price crash and they also earn by trading. I'm still an investor and still I'm winning by applying the same method in every trade, you can also become a winner today. We should follow the way of earning more regardless of the current market (bulls or bears), which is trading. Buy the Dip and Trade…I have made over 15 btc profits not just by buying the dip but implementing trades with signals supplied by Mr. Seth Leonard. a veteran trader from New York.

  7. Avataaar/Circle Created with python_avatars Betty —CAREHACK ON TELEGRAM says:

    I’m humble and appreciate 👆👆of all you’ve done on for my son school bills this bitcoin mining really go a long way YOU are the best ✅

  8. Avataaar/Circle Created with python_avatars Betty —CAREHACK ON TELEGRAM says:

    I’m humble and appreciate 👆👆of all you’ve done on for my son school bills this bitcoin mining really go a long way YOU are the best ✅

  9. Avataaar/Circle Created with python_avatars Betty —CAREHACK ON TELEGRAM says:

    I’m humble and appreciate 👆👆of all you’ve done on for my son school bills this bitcoin mining really go a long way YOU are the best ✅

  10. Avataaar/Circle Created with python_avatars Betty —CAREHACK ON TELEGRAM says:

    I’m humble and appreciate 👆👆of all you’ve done on for my son school bills this bitcoin mining really go a long way YOU are the best ✅

  11. Avataaar/Circle Created with python_avatars Betty —CAREHACK ON TELEGRAM says:

    I’m humble and appreciate 👆👆of all you’ve done on for my son school bills this bitcoin mining really go a long way YOU are the best ✅

  12. Avataaar/Circle Created with python_avatars mark marcinik says:

    I need Docusign to come roaring back. I sold @$300 but then bought back at 280… so I feeling some pain.

  13. Avataaar/Circle Created with python_avatars J J says:

    The SPX already topped at a full 4.236 fib extension. The Dow Jones has about 12 % left in it before it technically tops. Then crypto will have its blow off top with Bitcoin at 73000-85000. The crypto will fall over 80% over 1 year and stocks will fall an average of 80% over 3 years. Mark this comment and talk to me in 3 months, 1 year after that and 2 years after that.

  14. Avataaar/Circle Created with python_avatars Ralph Marilyn says:

    Just do something that will earn you money while you sleep, no matter how little. The pandemic is a perfect eye opener to really see how life can be without the usual income stream and everyone had to sit at home, well I never felt it because of my investment in a trading company where I earn 4 figures weekly. The best one can do is to invest more and spend less.

  15. Avataaar/Circle Created with python_avatars Hotsauce is Lethal says:

    Call debit spreads are the way to go on cheap stocks, put debit spreads on the SPY

  16. Avataaar/Circle Created with python_avatars bakerbrown6 says:

    Kevin: “We shouldn’t be fearful! Just buy and hold!”
    Kevin earlier this week: “the inflation crisis is worsening”, “Stocks are falling. Hard.”, “The stagflation disaster is coming”

  17. Avataaar/Circle Created with python_avatars susan wolf says:

    This new government, Aoc and their gang are against anyone making money,so watch out by saying this is gambling, they must be preparing restrictions on stock market and crypto trading,just a guess!!

  18. Avataaar/Circle Created with python_avatars Biz says:

    Stocks are skyrocketing because I bought SPY puts but you make some good points in this video.

  19. Avataaar/Circle Created with python_avatars Jonathan Ruth says:

    You know for being a YouTuber for stocks and real estate and cryptocurrency im a total loss how he ignores Shiba Inu

  20. Avataaar/Circle Created with python_avatars bill monzer says:

    Kevin, YouTube is not sending out notifications when you go live here, I’m not sure if anyone pointed that out. In the past couple of days I don’t get notified when you post a video or go live

  21. Avataaar/Circle Created with python_avatars Lo Nuestro PR says:

    I'm poor. Please discount stocks & psychology early christmas

  22. Avataaar/Circle Created with python_avatars AllegorX FPV says:

    bros…the indices have a gap to fill. Gap fills > Carnage ensues.

    There is significant big picture stuff Kevin leaves out when it’s convenient.

  23. Avataaar/Circle Created with python_avatars Cala Kinis says:

    Stock market and BTC investment is one of the best investment right now, only if you desire to yield more massively, with the right signals.

  24. Avataaar/Circle Created with python_avatars G M says:

    Loose the HAIR COLOR Dude PLEASE!!!!! Its Hard on my EYES…Please!!!!!

  25. Avataaar/Circle Created with python_avatars Kishan says:

    You predict both sides
    So your predictions never go wrong

  26. Avataaar/Circle Created with python_avatars Eduardo Pereira, PT, DPT-RAC says:

    You flip with the news. Yesterday was the apocalypse because of HIGH INFLATION. Today it’s all good. I’ve Just watched the first few min of this video… tomorrow you’ll change your opinion again and again and again…

  27. Avataaar/Circle Created with python_avatars Guardsmen Norheim of the Tanith 1st says:

    Soooo, has he addressed the hair yet? Or are we all getting trolled?

  28. Avataaar/Circle Created with python_avatars T Islam says:

    can you make a video on shiba inu already, you owe your real subscribers that atleast. been subscribed and following your financial advice since pre pandemic 2020… smh. you owe the people for wasting there time while you sit in the high hills sipping coffee out your buy the dip cups. meet kevin is a ponzi scheme he's not for the people lol

  29. Avataaar/Circle Created with python_avatars Khalid Farhan says:

    Hi @meetkevin Team – is there a way to just buy your call alerts/ get access to the Discord instead of buying the whole course? Thanks a bunch

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