just don't watch this...
FULL TRANSCRIPT
we have some serious stock prices to
talk about in this video now keep in
mind it is about 1:38 in the morning and
I've definitely had at least one drink
so in this video take that with a grain
of salt for whatever that means Tesla is
now releasing
12.35 in addition to reducing prices on
essentially the model y s and X by
$2,000 which is interesting because we
just pulled forward pricing for April
1st with a $1,000 price increase and now
we're decreasing prices by $2,000 that
is a margin hit obviously we already
know that we already know that demand is
hurt by high interest rates for Tesla
does this mean that Tesla is a Bad
Company no is it a problem that Tesla is
fixing the 3,800 Vehicles they recalled
with one rivet to an offc Center
position of the brake pedal that they
placed or installed using dish soap or
some form of
soap no those things aren't necessarily
problems though they do sound a lot
Boeing like it is worth though noting
that when something sounds a lot like
Boeing always remember that when one
door closes another blows open so in
this video we've got to understand
what's the future going to hold for us
because frankly a lot of people are
concerned about Tesla a lot of people
concerned about AI stocks and a lot of
people are wondering about financial
stocks is now the time to flee to
financials well in my opinion the
opportunity to flee to financials is
quite frankly straight clickbait in fact
I tweeted this although these sort of
bearish headlines don't tend to get a
lot of attention so I'll mention it here
I am shocked I said that financials AKA
banks are the ones that held green today
JP Morgan City Wells Bank of America all
saw charge offs up by 70 to
105% yet they were the ones that ended
up covering that hit with fewer
allowances in other words the cracks of
the banking crisis are in plain sight
yet what is happening banks are willing
and able to take on more leverage and
continue to keep the Ponzi going it's
not just the banks though it is worth
noting what the Federal Reserve just
told us the Federal Reserve just today
released some new data and I know about
this data because I made sure to send it
to myself the Federal Reserves Financial
stability report reported that leverage
at hedge funds have reached or leverage
at hedge funds has reached the highest
level since the beginning of dat a
collection for this report
yikes that's not good but it's not just
that folks it's not just the leverage
that we're seeing at Financial firms
it's also the fact that it is likely
that even though we might have $5
trillion dollar of assets on the
sidelines it takes much more than fear
to get assets to move from the sidelines
into stocks so so if you're betting that
money markets are going to bail out your
stocks that you chose good luck that is
highly unlikely money markets will bask
in their
52% until they can't bask in their 5 a
half% anymore and the Frank reality is
they'll probably be able to bask in 5 a
half% for quite a foreseeable future
therefore in order for earnings to
actually meaningfully exceed the rates
of returns of money market funds we will
need earnings
wait for it
growth we've talked about this four
weeks before and the reality is yes
there is a coupon code expiring today on
the programs on building your wealth not
only is there a coupon code expiring but
one of our course members Ohad or omad
one of these things ended up sending us
a profit that he just made on one of the
buy sell alerts that we s and I have to
say I'm really proud because they were
able to 3x their money they spent a
little over
$22,000 investing in this particular
option and folks you won't believe it
but this is a real option from Ohad
Pearl thank you so much for sending this
over to us look at that invested
$2,500 on one of our Buy sell alerts up
to a total of
8,110 over 322 congratulations Ohad we
appreciate you being a course member and
if you are not a course member yet
remember we have a coupon code expiring
tonight given that I'm ex I'm I'm
filming this video at like 1:44 a.m.
that's literally what this says right
here I probably won't actually be
changing the pricing until the morning
but the good news is you'll get this
picture of summer instead and she's cute
she's adorable and quite frankly we
cannot wait see if I can reactivate that
there we go we cannot wait for her to
come home because we love her we love
summer and we want our entire family of
seven children to be home but are the
banks running a sign that the banks are
going to win during this period of
uncertainty when Iraq gets struck a
mobilization Force gets struck by
non-american forces and somehow gets air
struck and you've got individuals
wounded showing up at the hospital which
leaves Bitcoin during the having to move
down
$15,000 only to rebound is this a sign
that we need to be careful with what's
going on in the world and our
investments or is this a sign that we're
just due for some
volatility well here's the reality a lot
of people ask this in comments in the
last video I made and I'd like to be
exceptionally clear here this is when
you need to
Reby I'm going to be very clear here
first you're going to buy the stocks and
psychology money course link down below
me Kevin
then you going to go to metkevin.com
Roadshow and you're going to RSVP for
one of the dates and times that we have
so you can meet us on the hous hack Road
Show I think you could also go to hous
Haack hous hack.com
RSVP uh yeah wow look at that it works
househ hack.com
RSVP and you'll be able to go in here
and select a location and time that you
can actually meet us present what the
heck we're doing with our real estate
startup to diversify from stocks because
I'll tell you if there's any time to
diversify from stocks it's now one drink
multiple drinks or not the time to
diversify is
no but look let's be real what is it
going to take for the stock market to go
up again if you are invested in stocks
and you are betting on stocks going up
what is it going to take for stocks to
go up again folks it is very Crystal
Clear
simple we are going to need positive
earnings growth it's not what we're
seeing at companies like Tesla right now
I hate to say it but at Tesla right now
we are trying to pass a board vote a
shareholder vote to reapproved 2018
package I think it's going to fail I am
not here to tell you that I think it
should fail I think people deserve to be
paid what they deserve deserve to be
paid when they made an agreement with
shareholders however I don't think with
the latest share price performance that
the majority of shareholders are going
to approve Elon mus share package
compensation instead they will say Elon
come up with a new compensation package
Focus your energies on Tesla and show us
how you can two to 3x Tesla and then we
will handsomely reward you that is what
shareholders want and I don't think
people realize that they there's the
argument of the Bulls the argument of
the Bears there's the judge's opinion
and somewhere between that whole mess
there's the truth but the reality is
Tesla will probably fail the vote on
Elon Musk I am not advocating for either
side I am simply saying it will probably
fail and when it prob when it frankly
probably
fails Look Out
Below it's going to be a hard time going
forward at least the next three toight 9
months I hate to say it the same will be
true for
asml
AMD for arm for Apple for Tesla
everybody's going to go through the
correction period of flatness do I or
must I remind you of what Von mey told
us I think people clearly forget about
this especially when we talk about Tesla
gluing stuff back together with dish
soap Von Mees tells us the Quant of
money in circulation when it rises for
an unknown reason people feel richer
maybe like stimulus but this extra
spending merely moves up prices leaving
nobody better off so prices went up and
guess what nobody got any benefit out of
it what a surprise such is the story of
inflation but there could be something
worse we could have been leading
entrepreneurs to believe that there is a
real increase in the demand for their
product meanwhile The Surge of credit or
for
credit has increased Public's spending
here it is it's on ec.com
April 2nd April 3rd we covered this
we've been screaming for a long time
increase cash positions I think there is
still time to increase cash positions
this is not personalized Financial
advice for you it is simply to say that
Von Mees is predicting a large crash and
if you are not prepared if you're not
part of the stocks and psychology of
money group where we talk about this
daily in the course member live streams
or you are not in another way preparing
yourself you are going to make a mistake
if you need a bundle code email us at
staff atbe kevin.com the sooner you do
it before we wake up the sooner we can
get you taken care of so I want to be
clear I appreciate you all I am long run
bullish on Tesla version 1234 is amazing
and version five is coming out it's
going to be great as
well are we ready for robot taxis not
yet that's 5 to 10 years out can't price
that in but should we bring back the
model 2 and some kind of hopium
Compensation Plan rather than a
retroactive Compensation Plan probably
those are my takes thanks for watching
we'll see you in the next one good luck
and goodbye 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
goes congratulations man you have done
so much people love you people look up
to you Kevin P there financial analyst
and YouTuber meet Kevin always great to
get your
take even though I'm a licensed
financial adviser licensed real estate
broker and becoming a stock broker this
video is not personalized advice for you
it is not tax legal or otherwise
personalized advice tailored to you this
video provides generalized perspective
information and commentary any third
party content I show shall not be deemed
endorsed by me this video is not and
shall never be deemed reasonably
sufficient information for the purposes
of evaluating a security or investment
decision any links or promoted products
are either paid affiliations or products
or Services we may benefit from I also
personally operate an actively managed
ETF I may personally hold or otherwise
hold long or short positions in various
Securities potentially including those
mentioned in this video however I have
no relationship to any issuer other than
house Haack nor am I presently acting as
a market maker make sure if you're
considering investing in house Haack to
always read the PPM at house hack.com
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