TRANSCRIPTEnglish

The Coming Stock-Crash Catalysts [Mark THESE Dates - April 2023]

10m 24s1,836 words265 segmentsEnglish

FULL TRANSCRIPT

0:00

over the next two weeks we have a lot of

0:02

catalysts coming up let's talk about

0:04

exactly what dates you should be paying

0:06

attention to will specifically take a

0:08

look at jobs a CPI let's look at some

0:10

pre and early projections for some of

0:13

these numbers if they're out we've got a

0:15

joltz report coming out let's see what

0:16

some of the surveys are for this let's

0:18

go through all of this do keep in mind

0:20

that on April 4th we will uh really be

0:23

starting another earnings season so

0:26

April 4th stay tuned we're going to be

0:29

looking at uh some of the small

0:31

companies has really really nothing too

0:33

big on April 4th just yet but we're

0:35

going to get uh Simply Good Foods we'll

0:37

get some steel reporting on on the fifth

0:41

on the sixth which is next Thursday in

0:44

terms of record reporting we'll get

0:45

WD-40 Levi Strauss I like like looking

0:48

at those kinds of companies to see where

0:50

the consumer's heads are and where

0:51

inflation is more interestingly we'll

0:53

probably be on the 11th we'll get CarMax

0:56

Albertsons are we still seeing those

0:58

food prices move up how about those used

0:59

car prices how are they affecting

1:01

margins because it seems like used car

1:04

prices are falling but wholesale prices

1:06

are actually Rising so dealers are

1:09

potentially looking at negative numbers

1:11

you've got Rent the Runway on the 12th

1:14

you've got Delta Airlines Progressive

1:16

Fastenal on the 13th then on the 18th is

1:21

actually when you start getting the

1:22

banks reporting that's when things are

1:24

really going to get entertaining

1:25

especially since they're going to show

1:27

us the numbers for the banking crisis

1:29

we'll have a lot of banking commentary

1:32

between the 18th and the 20th we'll get

1:34

Bank of America Johnson Johnson Goldman

1:36

Sachs Bank of New York Mellon those will

1:38

report on uh Tuesday Johnson and Johnson

1:41

will be very interesting in terms of

1:43

evaluating industrial inflation how's

1:45

that wage price spiral again that's the

1:47

18th then of course we get our leading

1:49

tech company we get Netflix also on the

1:52

18th on the 19th then we get into like

1:54

the Morgan Stanley's the citizens

1:56

Financial IBM Zions Bank American

1:59

Express on Thursday with Dr Horton and

2:03

Nokia as well as Blackstone and uh and

2:07

and Associated bancorps so we'll be

2:09

getting a lot of financial information

2:11

really the week of the 18th I think more

2:14

interesting for next week is going to be

2:16

the jobs report so really probably for

2:19

the next week we're going to be mostly

2:20

having uh we'll mostly be putting

2:22

earnings on the table uh and paying a

2:25

little less attention to earnings for

2:26

next week it'll be more fascinating to

2:28

see what happens with jobs so let's take

2:31

a look at what we've got on the third

2:33

which is tomorrow we'll get ISM

2:36

Manufacturing and prices paid surveys

2:38

survey suggests that prices paid will

2:41

come down slightly to 51.1 that is still

2:44

in the expansion territory but down from

2:46

51.3 in the prior we'll get uh some

2:50

commentary on ISM employment remember

2:52

this is the institute for supply side

2:53

management this is really sort of what

2:55

comes before Consumer Price inflation

2:58

right

2:59

we'll get manufacturing pmis on uh

3:01

Monday morning as well uh those are the

3:04

manufacturing purchase manager industry

3:07

numbers expecting slight contraction

3:08

there at 49.3 construction spending is

3:11

expected to be flat month over month on

3:14

the fourth we'll get Factory orders

3:16

expecting those to be down half of a

3:18

percent we'll also on the fourth be

3:19

getting the jolts that is the job

3:21

openings and labor turnover survey that

3:24

number has consistently been above 10

3:26

million that is regularly a surprised to

3:29

the upside the last release was at about

3:33

10.824 million the next survey is for a

3:36

10.5 handle I'd write that one down

3:38

that'll be on the fourth 10.5 stocks

3:41

likely to move on the jolts and of

3:44

course if we get a big move on ISM

3:46

prices paid uh to the upside there could

3:49

be some downside risk in in stocks on

3:52

the fifth we'll be getting the s p

3:54

Services PMI purchases managers index

3:57

that'll be very important because

3:58

obvious nicely most folks expect that

4:01

inflation is stickiest in the service

4:02

sector that is expected to come in at a

4:05

match for the prior release of last

4:07

month so February and March expected to

4:10

match at 53.8

4:13

and that is again the same as a prior

4:16

release

4:17

then on the fifth we'll also be getting

4:18

the ism prices paid this is uh this is

4:23

the services prices paid so on Monday we

4:25

get ISM Manufacturing prices paid and on

4:29

Tuesday we'll get ISM Services prices

4:32

paid no forecast yet for that on

4:35

Thursday the 6th we will be getting

4:37

continuing jobless claims we're

4:40

expecting those to come in at two

4:41

hundred thousand they've regularly been

4:43

at about 200 000 for uh for new claims

4:47

and continuing claims the prior release

4:49

sat at about

4:50

1.689 million for continued unemployed

4:54

individuals that number shrank last time

4:56

a little bit we'll see how it comes out

4:57

uh this month

4:59

then uh and and before we keep going

5:01

down this list here obviously I should

5:03

always remind you that on the 12th the

5:06

prices will be going up for the lifetime

5:07

access on the courses on building your

5:09

wealth check that out link down below or

5:11

go to metcaven.com join you can also

5:14

just go to meet kevin.com and you'll see

5:16

sort of uh everything that you can learn

5:18

about whether it's house hack life

5:20

insurance you can get in as little as

5:21

five minutes at metcaven.com life 12

5:24

free stocks with Weeble at metcaven.com

5:26

free of course these create promotions

5:28

this being brought to you by streamyard

5:30

metkevin.com stream yard to learn how I

5:32

bring these videos to you so check all

5:34

those links out down below we're going

5:36

to meet kevin.com to learn more where

5:37

you can also learn about my ETF

5:40

okay so then we've got on uh the seventh

5:44

we're going to be looking at that change

5:45

in non-farm payroll this is our jobs

5:48

report we'll also be getting we should

5:50

be getting ADP on Wednesday let me look

5:52

at ADP first ADP is expecting that's the

5:55

private version of the jobs report we're

5:57

looking at about a 210 000 expectation

6:00

down from 242 000 jobs that's a

6:03

Wednesday for the ADP report and then

6:05

Friday we'll be getting the change in

6:07

non-farm payroll that is looking like

6:10

240 is the survey the last payroll

6:13

report brought us in at a 311 000 we now

6:17

expect to sit at 240 000 so nice sort of

6:20

shrinkage in that jobs growth obviously

6:22

coming off those crazy numbers we had in

6:24

January probably heavily due to seasonal

6:27

adjustments where we were sitting around

6:28

500 000 job gains however we will also

6:31

be very closely looking at average

6:33

hourly earnings average hourly earnings

6:36

in the prior release came in at point

6:37

two percent the survey now says 0.3

6:41

percent that is a little bit of a bump

6:42

up to an annualized rate of 3.6 percent

6:46

for average hourly earnings it's a

6:47

little aggressive we'd like to see that

6:49

come in soft then of course the next

6:53

data set that we'll really be waiting

6:54

for is the CPI report we do have some

6:57

surveys for CPI first though on the 10th

7:00

we'll be getting a wholesale trade month

7:02

over month we don't even have a survey

7:04

for that and we'll be getting wholesale

7:05

inventories uh no survey for that either

7:07

that'll be on the 10th on the 11th we'll

7:09

get small business out optimism and then

7:11

there we go it is April 12th April 12th

7:15

by the way is also a day we'll be

7:16

getting the fomc meeting minutes

7:19

so what is the forecast for CPI month

7:22

over month for March keep in mind that

7:25

March will have a lot of funky

7:27

expectations given we had a banking

7:29

crisis and potentially reduced spending

7:31

during the banking crisis CPI month over

7:34

month in March for the data release on

7:38

April 12th is looking like it's expected

7:40

to be down from the prior report of 0.4

7:43

month over month 2.3 percent that would

7:46

be good point five percent uh it was the

7:49

prior release for core month over month

7:51

that's expected to shrink to 0.4 percent

7:55

uh however the year over year number uh

7:58

not clear yet the prior release was six

8:00

percent no survey on that yep however

8:02

year over year core could potentially

8:05

Accelerate from point or five point five

8:07

percent to 5.6 that wouldn't be great uh

8:11

the next day on the 13th we'll also be

8:12

getting PPI numbers we do not yet have

8:14

surveys for those with the exception of

8:17

month-over-month final demand producer

8:19

price inflation expected to be flat at

8:21

zero percent so those are the catalysts

8:23

for the next two weeks obviously the

8:25

most important are going to be jobs so

8:27

you should mark your calendar for the

8:29

following things okay Mark these are the

8:30

things I would be marking my calendar

8:31

for April 4th 10 a.m Eastern Time joltz

8:36

report

8:37

April

8:39

7th 5 30 a.m I will be live streaming to

8:43

meet Kevin report at that time you're

8:44

welcome to join uh 5 30 a.m on the

8:47

seventh jobs then I would write down

8:50

April 12th

8:53

expiration of meet Kevin's coupon code

8:56

for the amazing programs with lifetime

8:58

access on building your wealth

8:59

specifically the bundle for zero to

9:01

millionaire real estate investing and

9:02

stocks and psychology of money which

9:04

comes with my trade alerts as well

9:06

then CPI obviously you want to write

9:09

that down that's on the 12th at 5 30 a.m

9:12

on the 12th of April so those are some

9:15

of the catalysts that we're really going

9:17

to be paying attention to over the next

9:19

uh over the next two uh uh two weeks

9:22

here those are going to be quite

9:24

critical uh and uh right after these

9:27

catalysts we'll actually be going into

9:29

banking earnings uh and uh

9:32

understandably so there'll be a lot of

9:35

curiosity in terms of okay how are

9:38

things getting affected through banking

9:39

earnings so we'll be paying heavy

9:41

attention to making earnings so stay

9:43

tuned for that but this gives you a

9:45

catalyst breakdown of what to expect

9:47

over the next who count them who weeks

9:51

Kevin is my MF man but your thoughts are

9:54

going against the heads of entire five

9:58

countries fantastic points nonetheless

10:00

man these five countries can suck it

10:03

just kidding no I mean look obviously

10:05

these countries are going to be big

10:06

players over the next uh decades uh I I

10:10

would not bet against China but I'm not

10:12

going to bet on China either I'm going

10:13

to bet on America I'm going to bet on

10:15

American PB that's what I want I don't

10:17

want Chinese PP I want American people I

10:19

think American pricing power is much

10:20

larger

UNLOCK MORE

Sign up free to access premium features

INTERACTIVE VIEWER

Watch the video with synced subtitles, adjustable overlay, and full playback control.

SIGN UP FREE TO UNLOCK

AI SUMMARY

Get an instant AI-generated summary of the video content, key points, and takeaways.

SIGN UP FREE TO UNLOCK

TRANSLATE

Translate the transcript to 100+ languages with one click. Download in any format.

SIGN UP FREE TO UNLOCK

MIND MAP

Visualize the transcript as an interactive mind map. Understand structure at a glance.

SIGN UP FREE TO UNLOCK

CHAT WITH TRANSCRIPT

Ask questions about the video content. Get answers powered by AI directly from the transcript.

SIGN UP FREE TO UNLOCK

GET MORE FROM YOUR TRANSCRIPTS

Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.