Why are Stocks Falling after Trump Destroyed Biden

hey everyone me Kevin here a lot of

folks are wondering hey if Donald Trump

is now expected to be the president and

the market at least stock market futures

were going up why all of a sudden is the

market going down all the stock market

future gains that there were have

evaporated Tesla went from nearly plus

3% to zero if not negative nvidia's

fallen from up to down why all of a

sudden is everything flipping on its

head what has changed and does any of

this have to do with politics or does it

have to do with Nike or does it have to

do with something else well the answer

in this video let's get right into it

first what I'd like to do is mention the

following if this election is truly

about Biden versus Trump and if we

assume that a conservative is at least

in the short-term assumed to be better

for the stock market then yes Trump

should be leading the stock market to go

up today but why is Donald Trump's

success in the debate yesterday not

turning into a Greener stock market why

is NVIDIA as I'm recording this video

tanking for example we open the day with

enthusiasm now it's losing all of its

gains Tesla same thing gains at the open

broke 200 started falling Bitcoin the

same thing lost the 61 7 Level keeps

trying to go lower what's going on well

in my opinion the market yesterday in

stock market future said okay got it no

Biden yes Trump good for markets stocks

up then okay no Biden that's gone okay

great but what do we have to price in

now wait what if we get a Gavin Nome see

a Gavin Nome would be continuation of

democratic policies of likely Nome or

sorry bides style policies basically the

same apparatus the same Democratic White

House with a different face and quite

frankly somebody who's not scile so now

what you have is oh well if they're

going to replace Joe Biden crap now if

we think Trump is good for the market we

have to now discount that uhoh anome

could be a continuation of Biden so that

means we have to price in chances of

Biden again and a little lower for

Trump and that's exactly what happened

see Gavin Nome went from about a 5 Cent

odd of uh well let's let's just look at

the chart here uh this is the 24-hour

poll of uh Nome right here Nome before

the poll uh amongst Democrats went from

about 98 cents to about 19 cents Harris

jumped from about seven to about 17 so

combined you have this quadrupling of

odds that you get either a Harris or a

Nome versus a Biden right Biden was at

85 cents now he's at 65 cents this is

predicted. org by the way you can also

go over here to the uh Trump versus uh

uh Joe Biden here and you could see

gavan Newsome went from about 5 cents to

about 13 higher than even where he was

last night so now all of a sudden

markets are saying okay got it if we're

pricing in some of these other options

then there's a chance you have a

continuation of bides style policies in

which case let's start selling off on

the market some of that Donald Trump

enthusiasm again now no guarantees that

that's what's going on but that's

possibly one answer a second answer is

what's called end of the quarter

rebalancing and end of the month and end

of the quarter profit taking see if

you're a hedge fund an

ETF uh or some kind of institutional

money manager it's really nice to do

something known as locking in gains for

your clients not because it's good for

your tax strategy or the tax strategy of

the clients but rather it's bragging

rights for your fund now you could take

some profits before a potential selloff

at the end of the day on the Friday at

the end of the month and the end of the

quarter and then you could tell all your

your your clients on your statement ah

it's okay we sold higher we beat the S&P

we beat the q's whatever is the logic

that people use to to try to sell their

funds because realistically when the

next quarter starts new clients for

those funds are going to say hey what

was your performance in the last quarter

what was your performance last month and

those answers

will help determine how much money those

folks get to make so you have a lot of

psychological reasons for the market to

adjust right back down here end of the

month end of the quarter and then of

course you've got this potential of uh

oh you have to price in a continuation

of the Biden regime now whether not a

Harris or Gavin Nome would potentially

be successful versus a Donald Trump is

really a topic for for a different video

many of you will already know my opinion

of Gavin Nome because I ran against

Gavin Newsome for governor I think and

this was in the recall election I think

Gavin Newsome has quite frankly been

terrible for California there's no such

thing as a balanced budget in fact to

try to reduce inflation they literally

sent inflation reduction stimulus checks

to people making up to

$500,000 there is a level of mental

frankly retardation that you need to

think that makes any sense at all so

sorry to use blunt words but let's just

say I'm not the biggest Nome fan in fact

I'll probably be the biggest thorn in

nome's side if he ends up announcing

that he is indeed going to step up to

the plate I don't think it is a plate

America wants him on but again we could

debate that instead a lot of Democrats

are also now saying well maybe maybe

we'll get a Jamie Diamond okay I

actually have a lot of respect for Jamie

Diamond I'm not saying he's perfect but

I have a lot of respect for him where I

don't for Nome or or maybe they'll pick

somebody else you know who knows or or

they stick with Biden if they stick with

Biden you have TR for sure right uh in

which case Market should go up okay so

those are a couple reasons but what else

is going on well Nike sent a little bit

of a warning shot and it's worth

thinking about what Nike is saying Nike

is amplifying what Kathy Wood told us at

our symposium this weekend we had an

in-person event oh it's coupon

expiration by the way for the courses on

building your wealth over at me

kevin.com that expires tonight at 11:59

p.m. if you have questions just email us

at staff meetkevin.com we'll take care

of you there's also a mastermind I think

the price of that will go up as well

that's at meetkevin.com Mastermind

anyway you have to look at the negative

sentiment for what's going on in Nike

Nike told you we are spending more on

Advertising but we expect sales to be

down 10% next quarter

in addition to that our margins are

falling okay that's bad so you're less

profitable you're advertising more which

then reiterates becoming less profitable

you're less profitable on top of the

fact that you're firing people and you

still think revenues are going to be

down next quarter and where you make

about

44% of your Revenue which is their

online direct to consumer section you

are substantially slowing down sales

growth the last thing any investor wants

to hear is the reason they're investing

in a company for growth is not growth

anymore it's kind of like I I mean I

know it's a sore subject they will

return to growth at some point there

will be a bottom at some point in fact I

think we kind of already hit the Tesla

bottom but when Tesla lost its growth on

electric vehicle sales you had 3 years

of pain in the stock now I think that is

behind us now I think the trajectory is

up but today on a volatile day no

guarantees that the day ends up green

okay today seems to be a little bit of a

risk-off day as measured by what I like

to use the leading Omen that you're

going to have a bad day Bitcoin Bitcoin

told you 15 minutes after the market

opened that today was going to suck and

that's kind of what you got you got sell

Downs you got a double sell down on

Nvidia you got the sell down on Tesla

you got the sell down on the cues

substantially Bitcoin told you and it

told me too now I have a problem where

sometimes I don't listen to my own rules

and then what happens is there's this

hand that appears and then it goes ow

your boy Kevin just lost lot in fact we

have a we have a a saying for that uh

it's right here tell oh wait tell me if

you can hear this your boy k

just lost lots of

money yeah painful that's okay though uh

there are good days and there are bad

days the goal is to have more good days

than bad days and the day ain't over yet

see what we can do to go make some

tendies now with that put out of the way

let's be very clear Nike is a warning

about cracks in the consumer and cracks

that we might be trending towards a

recession so now what happens is you

actually potentially go into an

environment that is of a peak

uncertainty because think about where

you could be come October which is

traditionally when the markets sell off

before an election number one oh my gosh

we might be going into

recession cracks in the consumer oh no

earnings and firings oh no okay that's

number one number two oh my gosh

interest rates and I'm getting balloons

now oh my gosh interest rates are not

coming down yet that's bad H okay

doesn't help so cracks in the consumer

interest rates not coming down to save

them yet okay who's going to be

president oh it could be Nome it could

be some continuation of

Biden well that doesn't mean it's a slam

dunk that you get Trump which is

generally associated with a positive

stock market return now the reality is

like real data wise I just want to be

clear real data- wise

once a president is picked the stock

market usually goes up so it like it's

it doesn't really initially matter who

gets picked it's just like making the

choice remove so much uncertainty but

the point is think about this between

now and the election you're probably not

going to have rate Cuts you're going to

have more cracks in the consumer and

markets are still going to have to price

in the risk of a not

Trump again I'm not trying to be

political on just saying that's

generally how markets think so if you're

wondering yo what the hell just happened

today I thought today was going to be a

good day we had good pce data great

inflation data we had great consumer

sentiment data from the University of

Michigan better than expected lower

inflation expectations the numbers were

good so what the hell well again it

wasn't the data this morning that

mattered it was the pricing in of

another president the cracks in the

consumer and the level of uncertainty we

have to price in along with the fact

that right now you are in an environment

that says oh boy some of these earnings

are not coming in that great now as I

film this one of the reasons I've kind

of been uh watching Nvidia here is

because I've got a delicious put option

that I'm writing uh and I'm kind of

watching here right now my p&l on that

put option right now if I were to close

it right now uh is about

22k but I have a feeling you could see

it right here uh position 1,000

contracts at 84 it's at 105 I don't know

if I'll clear at that but right now it

feels like things are getting a little

bit more

bearish uh and you this has nothing to

do with my video I mean I'm filming this

nobody's seeing this you know I can't I

don't control the market I'm just trying

to understand the market and I try to

give my perspective that's my whole goal

in life is if I could give people

perspective great so I like to send Buy

sell alerts uh and I like to send Trend

alerts when I see things so for example

sometimes I'm bullish and then things go

nasty and then you know what I swallow

my ego I swallow my pride and I say you

know what I think things are going

bearish I'm going to take an L on my

calls and I'm going to go for puts and

as you could see right now oh dang it's

up

$48,000 right now holy crap oh man oh oh

52 no way oh come on oh come on oh my

gosh I'm I'm so tempted to do it 56,000

oh oh oh oh my God it keeps what what

what what 66 69,000 oh my God I feel

like I'm gambling I got to push the

button I got to push the button should I

do it should I do it push

it yeah

yes uh uh uh took uh took profit on

Nvidia send that alert boom baby yes

let's go that was sick I can't believe

that happened while I was filming oh my

God I feel like one of those like Casino

YouTubers I just had a hedge on the

market cuz I'm like I don't know things

are going a little poopy right now uh so

anyway I like what I just typed out

those are the things I send to my course

members so again your your goal isn't

well that you're going to get guaranteed

profits the goal isn't that you're going

to uh get uh uh you know trades that

you're going to copy it's that you're

like okay what the f is going on in the

market and then okay does Kevin have a

perspective on this and then you look

and you go um yeah that makes sense I

agree with that or I disagree right

that's the whole point of that and so

that's the stocks and psychology of

money course you could join that link

down below uh at

meetkevin.com and and um yeah wow that

was crazy so anyway thank you so much

for watching this video I really

appreciate y'all uh good luck out there

and um I'm thinking about putting if you

could help me I need some comments down

below okay I'm thinking about putting

together a compilation on Gavin Newsome

uh so we'll make like sort of a

compilation video for that so if you

want that make sure you subscribe hit

the Bell let me know what I should say

in it uh just leave a comment down below

okay all right thank you so much folks

see you in the next one goodbye love you

all see you why not advertise these

things that you told us here I feel like

nobody else knows about this we'll we'll

try a little advertising and see how it

Go congratulations man you have done so

much people love you people look up to

you Kevin PA there financial analyst and

YouTuber meet Kevin always great to get

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