1 00:00:01,360 --> 00:00:03,640 Speaker 1: This episode is brought to you by P and C Bank. 2 00:00:04,000 --> 00:00:06,760 Speaker 1: A lot of people think podcasts about work are boring, 3 00:00:07,000 --> 00:00:10,840 Speaker 1: and sure they definitely can be, but understanding a professionals 4 00:00:10,920 --> 00:00:14,160 Speaker 1: routine shows us how they achieve their success little by little, 5 00:00:14,560 --> 00:00:18,200 Speaker 1: day after day. It's like banking with P and C Bank. 6 00:00:18,680 --> 00:00:21,480 Speaker 1: It might seem boring to safe plan and make calculated 7 00:00:21,480 --> 00:00:24,599 Speaker 1: decisions with your bank, but keeping your money boring is 8 00:00:24,640 --> 00:00:27,960 Speaker 1: what helps you live or more happily fulfilled life. P 9 00:00:28,080 --> 00:00:32,879 Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 10 00:00:32,960 --> 00:00:35,600 Speaker 1: Boring since eighteen sixty five is a service mark of 11 00:00:35,600 --> 00:00:38,840 Speaker 1: the PNC Financial Service Group, Inc. P and C Bank 12 00:00:39,280 --> 00:00:45,920 Speaker 1: National Association Member FDIC erness What's Up? You ever walk 13 00:00:45,920 --> 00:00:49,000 Speaker 1: into a small business and everything just works like the 14 00:00:49,080 --> 00:00:53,200 Speaker 1: checkout is fast, the receipts are digital, tipping is a breeze, 15 00:00:53,479 --> 00:00:55,640 Speaker 1: and you're out the door before the line even builds. 16 00:00:55,960 --> 00:01:00,240 Speaker 1: Odds are they're using Square? We love supporting business that 17 00:01:00,320 --> 00:01:02,959 Speaker 1: run on Square because it just feels seamless. 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Don't wait, don't hesitate. 30 00:01:45,760 --> 00:01:48,160 Speaker 1: Let's Square handle the back end so you can keep 31 00:01:48,160 --> 00:01:49,400 Speaker 1: pushing your vision forward. 32 00:01:51,760 --> 00:01:54,840 Speaker 2: The stock market is experiencing its longest stretch without a 33 00:01:54,880 --> 00:01:59,320 Speaker 2: two percent sell off since the financial crisis, with the 34 00:01:59,520 --> 00:02:02,919 Speaker 2: SMP going down going three hundred and seventy seven days 35 00:02:02,920 --> 00:02:07,960 Speaker 2: without a two point zero five percent decline. So what 36 00:02:08,000 --> 00:02:11,600 Speaker 2: does this indicate about the current state of the market? 37 00:02:11,600 --> 00:02:13,359 Speaker 2: And today a lot of stocks were down, not all 38 00:02:13,360 --> 00:02:15,200 Speaker 2: of them, but a lot of stocks were down today, 39 00:02:15,880 --> 00:02:19,079 Speaker 2: especially a lot of a lot of two Yeah, what 40 00:02:19,560 --> 00:02:20,079 Speaker 2: does it say? 41 00:02:21,360 --> 00:02:28,320 Speaker 3: Two tagtoo? And that's no stress. The publicly traded equities 42 00:02:28,360 --> 00:02:31,040 Speaker 3: market is the only market that the richest people on 43 00:02:31,080 --> 00:02:33,440 Speaker 3: Earth will tell you is guaranteed to go up through lobbying, 44 00:02:33,520 --> 00:02:35,720 Speaker 3: and then people wonder when is it going to crash? 45 00:02:36,040 --> 00:02:38,640 Speaker 3: There's the one I said this on Stock Club call yesterday. 46 00:02:39,240 --> 00:02:41,079 Speaker 3: There are certain things that you can invest in even 47 00:02:41,080 --> 00:02:44,880 Speaker 3: if you have the capital. But the one sliver they'll 48 00:02:44,880 --> 00:02:47,520 Speaker 3: give us, the little Brent Crumb is the public equity 49 00:02:47,560 --> 00:02:51,200 Speaker 3: markets and Vanguard black Rock to the most powerful companies 50 00:02:51,240 --> 00:02:53,760 Speaker 3: on Earth. You guys did a great interview with black Rock. 51 00:02:53,840 --> 00:02:55,480 Speaker 3: If you guys have not seen it, please go check 52 00:02:55,520 --> 00:02:56,079 Speaker 3: it out today. 53 00:02:56,400 --> 00:02:56,680 Speaker 2: Thank you. 54 00:02:56,720 --> 00:03:00,000 Speaker 3: Sorry. But if van Guard and black Rocks say, hey, 55 00:03:00,280 --> 00:03:02,799 Speaker 3: these ETFs or these stocks are going to go up 56 00:03:03,080 --> 00:03:05,560 Speaker 3: even in the Magnificent seven is not talked about enough, 57 00:03:05,880 --> 00:03:09,799 Speaker 3: but they were selected to do well over the next 58 00:03:09,840 --> 00:03:13,280 Speaker 3: five or six years. Therefore you should follow suit. Investment 59 00:03:13,400 --> 00:03:16,480 Speaker 3: is not that damn heart. It is not going to fall. 60 00:03:16,880 --> 00:03:20,800 Speaker 3: Even a crash or correction is twenty percent. Hey, we're 61 00:03:20,800 --> 00:03:24,400 Speaker 3: not getting there. I know some of y'all messaged me 62 00:03:24,440 --> 00:03:26,960 Speaker 3: earlier a little bit panicked about Nvidia going to what 63 00:03:27,000 --> 00:03:30,280 Speaker 3: at one eighteen? What do I know? I'll break it 64 00:03:30,280 --> 00:03:32,520 Speaker 3: down later for you in a presentation as to why. 65 00:03:33,000 --> 00:03:35,160 Speaker 3: But what this tells me more than anything is keep 66 00:03:35,200 --> 00:03:38,520 Speaker 3: your money in the market. How hard is it just 67 00:03:38,560 --> 00:03:41,200 Speaker 3: to put money in a thing, park it and let 68 00:03:41,240 --> 00:03:43,680 Speaker 3: it run, even if you don't have a lot. The 69 00:03:43,760 --> 00:03:45,680 Speaker 3: thing that I wish that they told us is like 70 00:03:45,920 --> 00:03:48,520 Speaker 3: you wouldn't go through financial hardships if you put your 71 00:03:48,520 --> 00:03:51,200 Speaker 3: money into a vehicle that can run faster than you. 72 00:03:52,760 --> 00:03:54,960 Speaker 3: That's it. We're not going to have a big crash 73 00:03:55,000 --> 00:03:57,880 Speaker 3: anytime soon. Even if Trump gets in, they'll change the 74 00:03:57,960 --> 00:04:00,360 Speaker 3: allocation to go in favor of the company that will 75 00:04:00,400 --> 00:04:05,000 Speaker 3: do well under his leadership. Whether we're in war, hostile takeover, 76 00:04:05,480 --> 00:04:08,280 Speaker 3: Kendrick Drake, Joe Budden and academics get into a World 77 00:04:08,360 --> 00:04:11,920 Speaker 3: War three media battle, it does not matter. Waterways get 78 00:04:11,960 --> 00:04:15,560 Speaker 3: messed up, Ukraine and Russia's last for another twenty five years. 79 00:04:16,040 --> 00:04:19,320 Speaker 3: Voll is going to go up. Spy is at five 80 00:04:19,400 --> 00:04:23,000 Speaker 3: hundred something at some point. It's crazy to even think 81 00:04:23,160 --> 00:04:25,359 Speaker 3: that v All and Spy are going to have to 82 00:04:25,400 --> 00:04:29,839 Speaker 3: split to be affordable for the average investor. Hope for 83 00:04:29,880 --> 00:04:31,240 Speaker 3: the long term. 84 00:04:31,640 --> 00:04:34,520 Speaker 1: Yeah, So what does it say about the market. It 85 00:04:34,520 --> 00:04:38,119 Speaker 1: says that we're in a bull market, That's what it says. 86 00:04:38,440 --> 00:04:41,400 Speaker 1: And like you said, like to stay up it's gonna 87 00:04:41,560 --> 00:04:44,240 Speaker 1: obviously is going to increase over time, because historically that's 88 00:04:44,240 --> 00:04:46,479 Speaker 1: what it's done. And even if it doesn't, right, we're 89 00:04:46,520 --> 00:04:50,320 Speaker 1: talking about a correction anywhere between ten and twenty percent. 90 00:04:50,400 --> 00:04:52,880 Speaker 1: I don't see it happen. There's no chart that indicates that. 91 00:04:53,000 --> 00:04:55,760 Speaker 1: But what small pullback could happen? And so just be 92 00:04:55,800 --> 00:04:58,200 Speaker 1: mindful of I wrote down some key numbers, right, so 93 00:04:58,400 --> 00:05:01,520 Speaker 1: even if it falls back to fifty two hundred, you're 94 00:05:01,560 --> 00:05:05,479 Speaker 1: talking about a five percent pullback. Yep, So fifty two hundred, 95 00:05:05,520 --> 00:05:06,920 Speaker 1: I mean, these are just key numbers. Just to keep 96 00:05:06,920 --> 00:05:09,520 Speaker 1: in mind. That's a five percent pullback I think. I 97 00:05:09,520 --> 00:05:13,320 Speaker 1: mean at today where we're at fifty four to sixty. 98 00:05:14,600 --> 00:05:17,840 Speaker 1: So that's the key number. And when I'm using that 99 00:05:17,960 --> 00:05:19,800 Speaker 1: number is because I'm looking at the fifty day moving 100 00:05:19,839 --> 00:05:22,520 Speaker 1: average pretty much. Right, If I look at the fifty day, 101 00:05:22,520 --> 00:05:24,120 Speaker 1: if it touches that, it'll be at the fifty two 102 00:05:24,160 --> 00:05:26,560 Speaker 1: hundred park. The next one to look at would be 103 00:05:26,600 --> 00:05:29,040 Speaker 1: the two hundred day moving average, which is just around 104 00:05:29,640 --> 00:05:32,839 Speaker 1: forty forty. If it gets there, even that is a 105 00:05:32,920 --> 00:05:35,440 Speaker 1: thirteen percent pullback, not even I mean it kind of 106 00:05:35,480 --> 00:05:37,880 Speaker 1: falls in that early correction phase. But those are the 107 00:05:37,960 --> 00:05:40,960 Speaker 1: two indicators that I would look at. Again. Even in 108 00:05:41,000 --> 00:05:43,880 Speaker 1: the BOWLD market, there will be pullbacks. I mean, it's healthy, right, 109 00:05:43,920 --> 00:05:46,240 Speaker 1: It gives you, honestly a chance to be set. So 110 00:05:46,279 --> 00:05:48,720 Speaker 1: when we're telling you hey, and I spoke about this 111 00:05:48,839 --> 00:05:52,080 Speaker 1: on the call, when I'm looking forward to appreciating calls, if 112 00:05:52,080 --> 00:05:54,200 Speaker 1: I'm looking these are the times I'm looking for it. 113 00:05:54,240 --> 00:05:57,120 Speaker 1: So if you fall back to its fifty day moving average, 114 00:05:57,160 --> 00:05:59,080 Speaker 1: all right, well I got a new target. If it 115 00:05:59,080 --> 00:06:01,080 Speaker 1: gets back, if it gets down to its two hundred day, 116 00:06:01,360 --> 00:06:03,440 Speaker 1: I'm even more excited because now I know that there's 117 00:06:03,800 --> 00:06:06,960 Speaker 1: more depreciating access inside of these options that I can 118 00:06:06,960 --> 00:06:10,560 Speaker 1: take advantage of. Because again, it is rigged to go up. 119 00:06:10,600 --> 00:06:13,320 Speaker 1: It's going to appreciate over time, and all sign point 120 00:06:13,360 --> 00:06:16,520 Speaker 1: to that. So now when it depreciates like this, we 121 00:06:16,600 --> 00:06:19,040 Speaker 1: gotta take it. We gotta be ready and prepared and 122 00:06:19,080 --> 00:06:21,040 Speaker 1: be in position to take advantage of it. 123 00:06:21,960 --> 00:06:24,479 Speaker 3: Spiral one from two twenty eight and twenty twenty to 124 00:06:24,600 --> 00:06:28,320 Speaker 3: now five forty four, we haven't seen anything like this, 125 00:06:28,920 --> 00:06:33,280 Speaker 3: and this is without quantitative easy hold your money in 126 00:06:33,320 --> 00:06:35,440 Speaker 3: for a long period of time, and even if like 127 00:06:35,520 --> 00:06:38,200 Speaker 3: and then when the crashes come like October of twenty 128 00:06:38,200 --> 00:06:40,960 Speaker 3: twenty two. Everyone was panicked like okay, is it like yo? 129 00:06:42,080 --> 00:06:44,960 Speaker 3: Hold for the long term. They they trick our community 130 00:06:45,000 --> 00:06:47,640 Speaker 3: into thinking crashes are going to come to keep us 131 00:06:47,680 --> 00:06:50,479 Speaker 3: on the sideline, so we don't have any ways to 132 00:06:50,520 --> 00:06:52,040 Speaker 3: close this wealth gap at all. 133 00:06:52,680 --> 00:06:56,359 Speaker 4: An illegal alien from Guatemala charged with raping a child 134 00:06:56,400 --> 00:06:59,920 Speaker 4: in Massachusetts. An MS thirteen gang member from El Salvin 135 00:07:00,440 --> 00:07:04,560 Speaker 4: accused of murdering a Texas man of Venezuelan charged with 136 00:07:04,640 --> 00:07:08,520 Speaker 4: filming and selling child pornography in Michigan. These are just 137 00:07:08,640 --> 00:07:12,400 Speaker 4: some of the heinous migrant criminals caught because of President 138 00:07:12,440 --> 00:07:15,960 Speaker 4: Donald J. Trump's leadership. I'm Christy Noman, the United States 139 00:07:16,040 --> 00:07:20,840 Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border 140 00:07:20,840 --> 00:07:24,400 Speaker 4: crossings are at the lowest levels ever recorded, and over 141 00:07:24,480 --> 00:07:27,680 Speaker 4: one hundred thousand illegal aliens have been arrested. If you 142 00:07:27,760 --> 00:07:31,600 Speaker 4: are here illegally, your next you will be fined nearly 143 00:07:31,680 --> 00:07:35,720 Speaker 4: one thousand dollars a day, imprisoned, and deported. You will 144 00:07:35,760 --> 00:07:39,400 Speaker 4: never return. But if you register using our CBP home 145 00:07:39,440 --> 00:07:42,800 Speaker 4: app and leave now, you could be allowed to return legally. 146 00:07:43,160 --> 00:07:47,920 Speaker 4: Do what's right. Leave now. Under President Trump, America's laws, 147 00:07:48,080 --> 00:07:50,560 Speaker 4: border and families will be protected. 148 00:07:50,640 --> 00:07:52,760 Speaker 1: Sponsored by the United States Department of Homeland Security,