WEBVTT - Cliff Notes: WILL STOCKS GO UP OR FALL

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<v Speaker 1>Coach, the energy out there felt different. What changed for

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<v Speaker 1>the team today?

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<v Speaker 2>It was the new game day scratches from the California

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<v Speaker 2>Lottery players.

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<v Speaker 3>Everything.

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<v Speaker 4>Those games sent the team's energy through the roof.

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<v Speaker 1>Are you saying it was the off field play that

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<v Speaker 1>made the difference on the field.

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<v Speaker 4>Hey, little play makes your day, and today it made

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<v Speaker 4>the game. That's all for now, coach.

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<v Speaker 1>One more question play than new Los Angeles Chargers, San

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<v Speaker 1>Francisco forty nine ers and Los Angeles Rams scratchers from

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<v Speaker 1>the California Lottery. A little play can make your day.

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<v Speaker 1>Peace made responsibly. Must be eighteen years or older to

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<v Speaker 1>purchase late or claim.

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<v Speaker 5>Let's do this Before we go to questions, I have

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<v Speaker 5>some some questions on myself that I'm sure other people

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<v Speaker 5>might be interested in. The answers to so yes, stock

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<v Speaker 5>market has hit all time high d NAS day, well

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<v Speaker 5>the NAS day, so yeah so, and the Dow Jones

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<v Speaker 5>is not far from its all time high. So pretty

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<v Speaker 5>much stock market's at all time high right now. Pretty

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<v Speaker 5>much safe to say.

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<v Speaker 2>So.

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<v Speaker 5>I know people was going to be saying, like, well,

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<v Speaker 5>is this the time to sell? That's one question? One question,

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<v Speaker 5>just the time it self, And do you see a

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<v Speaker 5>correction coming, and before the year is over, a strong

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<v Speaker 5>correction coming.

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<v Speaker 3>So I'll let both for you. I know you look

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<v Speaker 3>at charts a lot, Troy, so strong correction. I mean,

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<v Speaker 3>what's your charts telling you?

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<v Speaker 2>I anticipated a correction at any point? Like I said,

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<v Speaker 2>everything is at all time. I've had a contious mindset

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<v Speaker 2>since being talking to you every day, and so I've

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<v Speaker 2>prepared myself before I invest in anything. So I'm always

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<v Speaker 2>looking for a correction. But I watched the Fear and Greed.

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<v Speaker 4>Like Ian said, I'm checking the VIX as well.

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<v Speaker 2>So when he said ten, I'm like, ooh, right, and

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<v Speaker 2>so that was one of the things that I was

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<v Speaker 2>had in mind.

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<v Speaker 4>I'm like, what would be a comfortable VIX number?

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<v Speaker 2>I know, I think we kind of said anything between

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<v Speaker 2>fifteen to twenty would be comfortable.

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<v Speaker 4>If it gets to ten, be careful. But these are

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<v Speaker 4>like the indicators that.

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<v Speaker 2>We're watching, and like you said, the index can be aheade, right,

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<v Speaker 2>So if we see that the index is falling, you.

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<v Speaker 4>Should be ready, right, you should be and you should

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<v Speaker 4>know where you're going to exit.

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<v Speaker 2>I think somebody said that there's there's always a point

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<v Speaker 2>in investing that people should look out for. It's two points. Actually,

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<v Speaker 2>when you hear people say when should I buy? When

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<v Speaker 2>should I buy? When should I buy? The next thing

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<v Speaker 2>they're going to be asking you was when should I sell?

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<v Speaker 2>When should I sell? When people start saying that, you know,

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<v Speaker 2>something's happening, and what's your what's your daughters?

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<v Speaker 6>It's about a whole for thirty years. For those of

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<v Speaker 6>you that have been watching since last year, you know

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<v Speaker 6>the song and dance. For those of you that are new,

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<v Speaker 6>your homework is to go watch the episodes from last year.

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<v Speaker 6>Last year was one of the toughest times, and I

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<v Speaker 6>know hindsight would make you think that it was easy.

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<v Speaker 3>Was not.

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<v Speaker 4>Hole for thirty years?

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<v Speaker 3>Will a pullback happened?

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<v Speaker 4>Yes?

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<v Speaker 6>June July August. I told you guys last week to

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<v Speaker 6>go do the homework about the summer. Since people are

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<v Speaker 6>back outside partying, I told we.

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<v Speaker 4>Told them, told them listen.

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<v Speaker 6>June July August will present some opportunities to buy long term? Well,

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<v Speaker 6>we have a huge crash. No, unless they stopped the

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<v Speaker 6>Federal Reserve stops printing money, there will be no elongated

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<v Speaker 6>great depression kind of crash. Everyone always focuses on a

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<v Speaker 6>big short and Michael Burry is arguably one of the

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<v Speaker 6>greatest investors of all time. But if you only focus

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<v Speaker 6>on shorts in comparison to lungs, you'll probably missed out

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<v Speaker 6>on quintuple the amount of return that you could have

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<v Speaker 6>got from that same big short. The big long is

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<v Speaker 6>not as sexy, but that's where all the money is.

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<v Speaker 5>Pause pause, pause, Please Jesus Christ.

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<v Speaker 3>Listen, listen.

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<v Speaker 4>Shout in New York.

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<v Speaker 6>So if you want the egg plant returns, no, but

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<v Speaker 6>I'm just being for real, like yo yo, I want

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<v Speaker 6>to try at the market and.

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<v Speaker 3>Catch the top.

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<v Speaker 6>That sounds sexy, but he had clients. You have kids

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<v Speaker 6>to take care of. And also if you're not putting

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<v Speaker 6>in eight, twelve, thirteen hours a day, And anybody who

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<v Speaker 6>even trades, they'll tell you, like, if you're going against

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<v Speaker 6>the direction of the market for five or six hundred percent,

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<v Speaker 6>why when you can catch more on the upside? Like

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<v Speaker 6>my stand, some crypto has not change the thing that

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<v Speaker 6>I do love about the community and Wall Street bets

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<v Speaker 6>the diamond hands and whole long term, like Buffet says,

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<v Speaker 6>and that all the it's the same concept. Yeah, hoddle

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<v Speaker 6>and hold for thirty It's all that's.

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<v Speaker 4>A different asset class.

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<v Speaker 3>Good.

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<v Speaker 6>So yeah, we have a little pullback. And for those

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<v Speaker 6>of you who get out and sell any of your

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<v Speaker 6>long term assets, so it be a tremendous mistake.

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<v Speaker 2>But what you want to do big news today obviously,

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<v Speaker 2>I'm sure most people saw that.

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<v Speaker 3>They didn't.

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<v Speaker 2>They club pulled to the Jones on CNBC and he

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<v Speaker 2>was yeah, yeah, yeah, he was. He was talking about

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<v Speaker 2>the FED meeting on Wednesday and the importance of it

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<v Speaker 2>and if there's if they ignore like everything is okay,

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<v Speaker 2>then this is a sign that we should be investing

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<v Speaker 2>in tech.

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<v Speaker 4>It's been telling y'all.

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<v Speaker 2>His prediction is twenty percent increased. I don't that's that's

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<v Speaker 2>pretty pretty pretty aggressive. So I'm interested to hear your

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<v Speaker 2>take on it, and then we just open up a

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<v Speaker 2>discussion Part Twodo.

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<v Speaker 6>Jones is the Michael Jordan features trader hands down, So

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<v Speaker 6>I will never say anything to go against him.

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<v Speaker 3>I'm arguably Kobe though, so.

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<v Speaker 6>Four healthy say so myself know the same back in

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<v Speaker 6>the day, right, I'm just being real like so, but

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<v Speaker 6>if he's telling you tech, if he induces you to

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<v Speaker 6>do it, like you think, we're going to get back

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<v Speaker 6>to writing shit on loose leaf. Like most people don't

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<v Speaker 6>even know. Kids don't even know how to write in cursive,

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<v Speaker 6>I don't think. And then, also from an inflation standpoint,

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<v Speaker 6>let's say if we go to six or seven percent,

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<v Speaker 6>the only advantage we will have is fintech banks and

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<v Speaker 6>then tech with a considerable edge.

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<v Speaker 4>I know everybody's like Yo Apple.

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<v Speaker 6>Has no room to run. When you have a trillion dollars,

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<v Speaker 6>there's a lot of companies you can buy, some of

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<v Speaker 6>your favorites poos to say they won't go snatch up

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<v Speaker 6>Hyo Max, or there's a lot of money to play with.

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<v Speaker 6>Everyone go check out the interview on CNBC. Stop worrying

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<v Speaker 6>about inflation, Stop worrying about short term horizon. People do

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<v Speaker 6>that for press to sell ads and to get attention.

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<v Speaker 6>Like stop falling for the same trick month after month

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<v Speaker 6>and all this hype.

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<v Speaker 4>Kudos to prove.

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<v Speaker 6>A mom who I saw in chat says she's been

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<v Speaker 6>a VTI for ten years. Hey, put in chat along, Peter,

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<v Speaker 6>Well you're doing off that. Just invest for the long term.

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<v Speaker 6>Like if I am your competitor, which I'm not, I

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<v Speaker 6>mean your brother, your advocate, But if I was your competitor,

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<v Speaker 6>I would do everything in my power to make sure

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<v Speaker 6>that you will stop investing.

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<v Speaker 3>Yeah, that's the trick.

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<v Speaker 2>So when obviously, when they talk like that and they

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<v Speaker 2>hear inflation, people start thinking, well, if it does happen,

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<v Speaker 2>well what some type of trays that should be in

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<v Speaker 2>And so I'm just thinking from a consumer standpoint. Spots

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<v Speaker 2>like Ali Baba makes sense to me. Amazon obviously is

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<v Speaker 2>always made sense to me. Facebook, all these these type

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<v Speaker 2>of places that you can use as as a barometer,

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<v Speaker 2>say if the inflation happens, all right, this is the

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<v Speaker 2>next place. You got any other positions that you think

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<v Speaker 2>would be a nice spot.

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<v Speaker 6>Here's here's a formula, right because I'll get into my

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<v Speaker 6>full formula one day.

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<v Speaker 3>Maybe in a year, because I don't want you all

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<v Speaker 3>to copylianage, because you know I do.

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<v Speaker 4>But whatever the inflation number.

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<v Speaker 6>You need to look for companies that consistently give a

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<v Speaker 6>multiple of three whatever that number is. So inflation for me,

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<v Speaker 6>if inflation goes to nine percent, the ones that I

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<v Speaker 6>mean are going to print higher than that anyway. So

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<v Speaker 6>that's why I tell you go look at the twenty year.

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<v Speaker 6>So you want to know everything good in that under

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<v Speaker 6>good CEOs. I know, if Microsoft loses their CEO and

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<v Speaker 6>they get a volatile executive as Bomber was, I know

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<v Speaker 6>they'll probably be flat. They have a great CEO who's calm, collected,

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<v Speaker 6>great upbringing upswing is there. Microsoft built the base for

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<v Speaker 6>a long time. If Tim Cook leaves and let's say

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<v Speaker 6>Elon becomes CEO, Apple will fall flat. It will do

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<v Speaker 6>the same thing as Microsoft. But I would hedge and

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<v Speaker 6>then understand how long y'll want to build my base.

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<v Speaker 6>So when that tenure, when it bumps up, we're good.

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<v Speaker 6>That's why I keep saying. If Tesla gets a Tim Cook,

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<v Speaker 6>and let's say Elon goes to chairman and they find

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<v Speaker 6>a Tim Cook, fifteen hundred dollars price target for Tesla,

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<v Speaker 6>because in the street will get behind it, the funds

0:11:19.559 --> 0:11:21.560
<v Speaker 6>will get behind it. Then now you can't put Tesla

0:11:21.559 --> 0:11:25.080
<v Speaker 6>in a pension fund right now because of the volatility.

0:11:25.120 --> 0:11:28.199
<v Speaker 6>So the ones that I've proactively been in, Apple, Microsoft

0:11:28.280 --> 0:11:36.280
<v Speaker 6>and Video vgt, MGC, Shopify, the big, the top ten,

0:11:36.600 --> 0:11:39.640
<v Speaker 6>they're gonna take care of that. They're gonna But last

0:11:39.679 --> 0:11:42.520
<v Speaker 6>year was you know, w recovery and you recovery, and

0:11:42.840 --> 0:11:45.679
<v Speaker 6>last week or last month it was Doge. It's always

0:11:45.679 --> 0:11:48.840
<v Speaker 6>some obstacle in the way the asset that you're invested

0:11:48.880 --> 0:11:50.840
<v Speaker 6>in should knock all that shit out.

0:11:51.120 --> 0:11:52.080
<v Speaker 3>Good asset you want.

0:11:52.160 --> 0:11:55.800
<v Speaker 6>I've never went to sleep and invested in Apple and Microsoft.

0:11:55.840 --> 0:11:58.200
<v Speaker 6>I'm like, damn, I wonder inflation's gonna take my hand away.

0:11:58.800 --> 0:12:01.120
<v Speaker 6>You don't have a good company if that's the case.

0:12:02.040 --> 0:12:04.719
<v Speaker 6>So I know, you guys want something sexy and something new.

0:12:05.160 --> 0:12:07.760
<v Speaker 6>The top ten that have been running the world keep

0:12:07.760 --> 0:12:10.120
<v Speaker 6>adding to aggressively or.

0:12:10.040 --> 0:12:10.680
<v Speaker 3>Do what you want to do.

0:12:11.760 --> 0:12:13.640
<v Speaker 6>But if you want results, you'll follow.

0:12:15.760 --> 0:12:19.439
<v Speaker 3>Yeah, and that's something that we all talked about it before.

0:12:19.480 --> 0:12:21.839
<v Speaker 5>And Josh Brown, Josh Brown was on you Gotta getting

0:12:21.880 --> 0:12:24.480
<v Speaker 5>back on But when he was on, he was he

0:12:24.559 --> 0:12:27.920
<v Speaker 5>was saying that he thought, like around the summer, stocks

0:12:28.000 --> 0:12:31.400
<v Speaker 5>is just gonna start taking off. And yeah, a lot

0:12:31.400 --> 0:12:35.240
<v Speaker 5>of times people was nervous when the stocks fell, especially

0:12:35.559 --> 0:12:40.920
<v Speaker 5>the NASDAK. It fell pretty substantially a few months ago,

0:12:41.000 --> 0:12:42.960
<v Speaker 5>all the way up to like a couple of weeks ago.

0:12:44.120 --> 0:12:45.000
<v Speaker 3>But you know, it.

0:12:45.080 --> 0:12:46.240
<v Speaker 4>Wasn't that hard of a fault.

0:12:46.400 --> 0:12:48.520
<v Speaker 6>Even like Franklin Dino Tech that we talked about on

0:12:48.559 --> 0:12:51.079
<v Speaker 6>episode seven, If you guys haven't seen it like that,

0:12:51.200 --> 0:12:54.840
<v Speaker 6>that's been ball Man Like quality stocks are going to

0:12:55.040 --> 0:12:57.880
<v Speaker 6>rise here like people want. And because of crypto and

0:12:57.880 --> 0:13:02.680
<v Speaker 6>because of trading, people think that a multi billion dollar

0:13:03.000 --> 0:13:05.640
<v Speaker 6>company is supposed to print fourteen percent a day.

0:13:05.800 --> 0:13:06.480
<v Speaker 4>That's not real.

0:13:08.000 --> 0:13:10.360
<v Speaker 3>Yeah, the Dimo Tech. I spoke about the Dimon Tech.

0:13:11.720 --> 0:13:14.400
<v Speaker 5>Your episode, even before your episode, because when I was

0:13:14.400 --> 0:13:16.559
<v Speaker 5>putting the clients in the Dimon Tech fort for years,

0:13:16.880 --> 0:13:19.560
<v Speaker 5>and it's one of these things like QQQ. You know,

0:13:19.760 --> 0:13:23.120
<v Speaker 5>I really like, Yeah, it's all the technology companies, So

0:13:23.800 --> 0:13:27.280
<v Speaker 5>you know, we're gonna if we're gonna invest in the future,

0:13:27.640 --> 0:13:29.720
<v Speaker 5>you have to invest in the tech. So that's not

0:13:29.760 --> 0:13:32.640
<v Speaker 5>to say to put all every single investment should be technology,

0:13:32.720 --> 0:13:35.959
<v Speaker 5>But you know, I think that it's only common sense

0:13:36.000 --> 0:13:39.200
<v Speaker 5>that of course all of these companies Google, Microsoft, Apple,

0:13:39.720 --> 0:13:41.560
<v Speaker 5>the leaders of the pack.

0:13:41.360 --> 0:13:42.439
<v Speaker 3>And they're gonna get to eat lead.

0:13:42.600 --> 0:13:45.199
<v Speaker 5>So it's not it's not hard to figure out why

0:13:45.240 --> 0:13:46.560
<v Speaker 5>it's at all time high right now.

0:13:47.640 --> 0:13:49.439
<v Speaker 3>So at dark not too complicated.

0:13:49.600 --> 0:13:52.280
<v Speaker 2>Yeah, yeah, yeah, And we spoke about some of these

0:13:52.320 --> 0:13:54.920
<v Speaker 2>plays even in the tech field. We said, we just

0:13:54.960 --> 0:13:57.760
<v Speaker 2>spoke about Salesforce and you know, a few months ago

0:13:57.840 --> 0:14:01.680
<v Speaker 2>was at two seven. Right now it's a two forty six.

0:14:02.120 --> 0:14:04.439
<v Speaker 2>Right We've been speaking about it for six months already.

0:14:04.720 --> 0:14:07.040
<v Speaker 2>Same thing with Microsoft. I mean, we've been saying these

0:14:07.040 --> 0:14:09.000
<v Speaker 2>plays and it's just like, if you wanted to know

0:14:09.080 --> 0:14:10.240
<v Speaker 2>in go back and listen.

0:14:12.280 --> 0:14:17.480
<v Speaker 5>My graduates from my school being force back drop drop,

0:14:18.120 --> 0:14:20.880
<v Speaker 5>Mike Drot backdrop draft.

0:14:30.960 --> 0:14:34.640
<v Speaker 8>An illegal alien from Guatemala charged with raping a child

0:14:34.640 --> 0:14:38.440
<v Speaker 8>in Massachusetts. An MS thirteen gang member from Al Salvador

0:14:38.720 --> 0:14:42.840
<v Speaker 8>accused of murdering a Texas man of Venezuelan charged with

0:14:42.920 --> 0:14:46.800
<v Speaker 8>filming and selling child pornography in Michigan. These are just

0:14:46.880 --> 0:14:50.680
<v Speaker 8>some of the heinous migrant criminals caught because of President

0:14:50.680 --> 0:14:54.280
<v Speaker 8>Donald J. Trump's leadership. I'm Christy Nohm, the United States

0:14:54.280 --> 0:14:59.080
<v Speaker 8>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:14:59.120 --> 0:15:02.680
<v Speaker 8>crossings are at the lowest levels ever recorded, and over

0:15:02.720 --> 0:15:05.960
<v Speaker 8>one hundred thousand illegal aliens have been arrested. If you

0:15:06.040 --> 0:15:09.880
<v Speaker 8>are here illegally, your next you will be fine nearly

0:15:09.960 --> 0:15:14.000
<v Speaker 8>one thousand dollars a day, imprisoned, and deported, you will

0:15:14.000 --> 0:15:17.640
<v Speaker 8>never return. But if you register using our CBP home

0:15:17.720 --> 0:15:21.080
<v Speaker 8>app and leave now, you could be allowed to return legally.

0:15:21.440 --> 0:15:26.200
<v Speaker 8>Do what's right. Leave now. Under President Trump America's laws,

0:15:26.360 --> 0:15:28.800
<v Speaker 8>border and families will be protected.

0:15:28.880 --> 0:15:31.000
<v Speaker 3>Sponsored by the United States Department of Homeland Security,