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just don't watch this...

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FULL TRANSCRIPT

0:00

we have some serious stock prices to

0:02

talk about in this video now keep in

0:04

mind it is about 1:38 in the morning and

0:08

I've definitely had at least one drink

0:13

so in this video take that with a grain

0:15

of salt for whatever that means Tesla is

0:19

now releasing

0:21

12.35 in addition to reducing prices on

0:24

essentially the model y s and X by

0:28

$2,000 which is interesting because we

0:30

just pulled forward pricing for April

0:32

1st with a $1,000 price increase and now

0:35

we're decreasing prices by $2,000 that

0:38

is a margin hit obviously we already

0:42

know that we already know that demand is

0:44

hurt by high interest rates for Tesla

0:46

does this mean that Tesla is a Bad

0:48

Company no is it a problem that Tesla is

0:51

fixing the 3,800 Vehicles they recalled

0:54

with one rivet to an offc Center

0:56

position of the brake pedal that they

0:59

placed or installed using dish soap or

1:03

some form of

1:05

soap no those things aren't necessarily

1:07

problems though they do sound a lot

1:10

Boeing like it is worth though noting

1:13

that when something sounds a lot like

1:14

Boeing always remember that when one

1:17

door closes another blows open so in

1:22

this video we've got to understand

1:24

what's the future going to hold for us

1:26

because frankly a lot of people are

1:29

concerned about Tesla a lot of people

1:31

concerned about AI stocks and a lot of

1:33

people are wondering about financial

1:34

stocks is now the time to flee to

1:37

financials well in my opinion the

1:40

opportunity to flee to financials is

1:42

quite frankly straight clickbait in fact

1:45

I tweeted this although these sort of

1:47

bearish headlines don't tend to get a

1:49

lot of attention so I'll mention it here

1:51

I am shocked I said that financials AKA

1:54

banks are the ones that held green today

1:57

JP Morgan City Wells Bank of America all

2:00

saw charge offs up by 70 to

2:05

105% yet they were the ones that ended

2:09

up covering that hit with fewer

2:12

allowances in other words the cracks of

2:15

the banking crisis are in plain sight

2:18

yet what is happening banks are willing

2:22

and able to take on more leverage and

2:25

continue to keep the Ponzi going it's

2:30

not just the banks though it is worth

2:32

noting what the Federal Reserve just

2:34

told us the Federal Reserve just today

2:37

released some new data and I know about

2:41

this data because I made sure to send it

2:43

to myself the Federal Reserves Financial

2:46

stability report reported that leverage

2:50

at hedge funds have reached or leverage

2:54

at hedge funds has reached the highest

2:57

level since the beginning of dat a

3:00

collection for this report

3:05

yikes that's not good but it's not just

3:08

that folks it's not just the leverage

3:12

that we're seeing at Financial firms

3:14

it's also the fact that it is likely

3:17

that even though we might have $5

3:19

trillion dollar of assets on the

3:21

sidelines it takes much more than fear

3:25

to get assets to move from the sidelines

3:28

into stocks so so if you're betting that

3:30

money markets are going to bail out your

3:32

stocks that you chose good luck that is

3:36

highly unlikely money markets will bask

3:39

in their

3:40

52% until they can't bask in their 5 a

3:43

half% anymore and the Frank reality is

3:46

they'll probably be able to bask in 5 a

3:48

half% for quite a foreseeable future

3:50

therefore in order for earnings to

3:53

actually meaningfully exceed the rates

3:55

of returns of money market funds we will

3:58

need earnings

4:00

wait for it

4:03

growth we've talked about this four

4:05

weeks before and the reality is yes

4:08

there is a coupon code expiring today on

4:10

the programs on building your wealth not

4:12

only is there a coupon code expiring but

4:15

one of our course members Ohad or omad

4:19

one of these things ended up sending us

4:21

a profit that he just made on one of the

4:25

buy sell alerts that we s and I have to

4:27

say I'm really proud because they were

4:30

able to 3x their money they spent a

4:33

little over

4:35

$22,000 investing in this particular

4:38

option and folks you won't believe it

4:40

but this is a real option from Ohad

4:44

Pearl thank you so much for sending this

4:45

over to us look at that invested

4:49

$2,500 on one of our Buy sell alerts up

4:52

to a total of

4:54

8,110 over 322 congratulations Ohad we

4:58

appreciate you being a course member and

5:00

if you are not a course member yet

5:02

remember we have a coupon code expiring

5:05

tonight given that I'm ex I'm I'm

5:07

filming this video at like 1:44 a.m.

5:10

that's literally what this says right

5:12

here I probably won't actually be

5:14

changing the pricing until the morning

5:16

but the good news is you'll get this

5:17

picture of summer instead and she's cute

5:20

she's adorable and quite frankly we

5:22

cannot wait see if I can reactivate that

5:25

there we go we cannot wait for her to

5:28

come home because we love her we love

5:30

summer and we want our entire family of

5:32

seven children to be home but are the

5:35

banks running a sign that the banks are

5:38

going to win during this period of

5:40

uncertainty when Iraq gets struck a

5:44

mobilization Force gets struck by

5:46

non-american forces and somehow gets air

5:49

struck and you've got individuals

5:51

wounded showing up at the hospital which

5:53

leaves Bitcoin during the having to move

5:56

down

5:57

$15,000 only to rebound is this a sign

6:02

that we need to be careful with what's

6:03

going on in the world and our

6:05

investments or is this a sign that we're

6:09

just due for some

6:11

volatility well here's the reality a lot

6:14

of people ask this in comments in the

6:16

last video I made and I'd like to be

6:18

exceptionally clear here this is when

6:20

you need to

6:22

Reby I'm going to be very clear here

6:25

first you're going to buy the stocks and

6:27

psychology money course link down below

6:29

me Kevin

6:30

then you going to go to metkevin.com

6:34

Roadshow and you're going to RSVP for

6:37

one of the dates and times that we have

6:39

so you can meet us on the hous hack Road

6:41

Show I think you could also go to hous

6:43

Haack hous hack.com

6:47

RSVP uh yeah wow look at that it works

6:52

househ hack.com

6:54

RSVP and you'll be able to go in here

6:56

and select a location and time that you

6:59

can actually meet us present what the

7:02

heck we're doing with our real estate

7:03

startup to diversify from stocks because

7:06

I'll tell you if there's any time to

7:07

diversify from stocks it's now one drink

7:12

multiple drinks or not the time to

7:15

diversify is

7:17

no but look let's be real what is it

7:21

going to take for the stock market to go

7:23

up again if you are invested in stocks

7:25

and you are betting on stocks going up

7:27

what is it going to take for stocks to

7:30

go up again folks it is very Crystal

7:32

Clear

7:35

simple we are going to need positive

7:38

earnings growth it's not what we're

7:40

seeing at companies like Tesla right now

7:41

I hate to say it but at Tesla right now

7:44

we are trying to pass a board vote a

7:47

shareholder vote to reapproved 2018

7:50

package I think it's going to fail I am

7:52

not here to tell you that I think it

7:55

should fail I think people deserve to be

7:58

paid what they deserve deserve to be

8:00

paid when they made an agreement with

8:03

shareholders however I don't think with

8:05

the latest share price performance that

8:07

the majority of shareholders are going

8:08

to approve Elon mus share package

8:11

compensation instead they will say Elon

8:14

come up with a new compensation package

8:17

Focus your energies on Tesla and show us

8:20

how you can two to 3x Tesla and then we

8:23

will handsomely reward you that is what

8:26

shareholders want and I don't think

8:28

people realize that they there's the

8:29

argument of the Bulls the argument of

8:31

the Bears there's the judge's opinion

8:33

and somewhere between that whole mess

8:34

there's the truth but the reality is

8:37

Tesla will probably fail the vote on

8:40

Elon Musk I am not advocating for either

8:42

side I am simply saying it will probably

8:44

fail and when it prob when it frankly

8:47

probably

8:51

fails Look Out

8:53

Below it's going to be a hard time going

8:56

forward at least the next three toight 9

8:59

months I hate to say it the same will be

9:01

true for

9:02

asml

9:04

AMD for arm for Apple for Tesla

9:08

everybody's going to go through the

9:10

correction period of flatness do I or

9:13

must I remind you of what Von mey told

9:17

us I think people clearly forget about

9:19

this especially when we talk about Tesla

9:22

gluing stuff back together with dish

9:26

soap Von Mees tells us the Quant of

9:29

money in circulation when it rises for

9:32

an unknown reason people feel richer

9:35

maybe like stimulus but this extra

9:38

spending merely moves up prices leaving

9:40

nobody better off so prices went up and

9:43

guess what nobody got any benefit out of

9:46

it what a surprise such is the story of

9:49

inflation but there could be something

9:54

worse we could have been leading

9:56

entrepreneurs to believe that there is a

9:57

real increase in the demand for their

10:00

product meanwhile The Surge of credit or

10:04

for

10:05

credit has increased Public's spending

10:08

here it is it's on ec.com

10:11

April 2nd April 3rd we covered this

10:14

we've been screaming for a long time

10:16

increase cash positions I think there is

10:18

still time to increase cash positions

10:20

this is not personalized Financial

10:21

advice for you it is simply to say that

10:24

Von Mees is predicting a large crash and

10:27

if you are not prepared if you're not

10:28

part of the stocks and psychology of

10:30

money group where we talk about this

10:31

daily in the course member live streams

10:33

or you are not in another way preparing

10:35

yourself you are going to make a mistake

10:38

if you need a bundle code email us at

10:40

staff atbe kevin.com the sooner you do

10:42

it before we wake up the sooner we can

10:44

get you taken care of so I want to be

10:46

clear I appreciate you all I am long run

10:49

bullish on Tesla version 1234 is amazing

10:52

and version five is coming out it's

10:55

going to be great as

10:57

well are we ready for robot taxis not

11:00

yet that's 5 to 10 years out can't price

11:04

that in but should we bring back the

11:06

model 2 and some kind of hopium

11:08

Compensation Plan rather than a

11:10

retroactive Compensation Plan probably

11:13

those are my takes thanks for watching

11:14

we'll see you in the next one good luck

11:16

and goodbye why not advertise these

11:17

things that you told us here I feel like

11:19

nobody else knows about this we'll we'll

11:21

try a little advertising and see how it

11:22

goes congratulations man you have done

11:24

so much people love you people look up

11:26

to you Kevin P there financial analyst

11:28

and YouTuber meet Kevin always great to

11:30

get your

11:31

take even though I'm a licensed

11:33

financial adviser licensed real estate

11:34

broker and becoming a stock broker this

11:35

video is not personalized advice for you

11:38

it is not tax legal or otherwise

11:39

personalized advice tailored to you this

11:41

video provides generalized perspective

11:42

information and commentary any third

11:44

party content I show shall not be deemed

11:46

endorsed by me this video is not and

11:48

shall never be deemed reasonably

11:49

sufficient information for the purposes

11:51

of evaluating a security or investment

11:52

decision any links or promoted products

11:54

are either paid affiliations or products

11:56

or Services we may benefit from I also

11:58

personally operate an actively managed

11:59

ETF I may personally hold or otherwise

12:02

hold long or short positions in various

12:04

Securities potentially including those

12:06

mentioned in this video however I have

12:07

no relationship to any issuer other than

12:09

house Haack nor am I presently acting as

12:11

a market maker make sure if you're

12:12

considering investing in house Haack to

12:14

always read the PPM at house hack.com

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