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now we gotta talk catalysts we've got

some big catalysts coming up uh this

week where you've got earnings catalysts

we've got fed Catalyst we've got

inflation Catalyst we've got a lot of

catalysts and what I do not encourage

you to do is take a shot every time I

say the word Catalyst in this video even

though that would be really entertaining

it probably wouldn't be healthy and if

you want to see the shadow of my PP make

sure to check out my Instagram story

from yesterday morning at meet Kevin you

can see what the shadow of my pee pee

looks like but first we have to talk

about catalysts

so first

we have to understand that the market

this year so far has been rallying we

know that that's pretty obvious and I

want you to see exactly which sectors

it's been rallying in because these

sectors have some really big earnings

coming up take a look uh on screen now

you can see the Catalyst here uh or or

those that have rallied the most for the

year rather the sectors have rallied the

most this year consumer discretionary up

16.3 percent tack up 12.3 percent

communication Services up 13.1 with

negative Returns on energy utilities

Healthcare consumer staples and what's

fascinating is we've got some big

catalysts that's a key word to take a

shot right uh for for this week starting

with two big ones on Tuesday remember

Monday the market is closed for

President's Day Tuesday we have Walmart

and Home Depot

uh those are gonna be big and the reason

they're going to be big is because you

end up having a big inside scoop into

what's going on with two types of

consumers actually really three types of

consumers you have Home Depot which will

let us know how the homeowner's spending

is uh is is is transforming now remember

what's crazy about this is uh the people

who spend money at Home Depot are 90

homeowners ninety percent of people

spending money on Home Depot on those

are homeowners doing homeowner projects

and when they stop spending money it's

because they start they're starting to

feel the crimp on homeowner expenses see

when the market is going up for real

estate people think that spending money

on their homes is an investment that's

stupid that's how to go bankrupt okay if

you buy a home and you keep doing

projects and you keep renovating you're

doing it because you want it and you

want to feel good about yourself it's

not an investment it rarely isn't an

investment rarely and don't think you're

part of the rare you're probably not if

you're watching this and you're like man

I just did waiting scouting everywhere

the value of my house is way higher now

wrong

anyway uh so we're going to learn about

the sentiment of households generally

wealthier households people who own real

estate are generally wealthier than

tenants to the tune of 10 to 20x

Walmart will let us know about two types

of consumers one your lower to middle

end consumer who always shops at Walmart

but also your downgrade customer that

sounds offensive but I mean it's true

the wealthier customer who's now going

from more expensive stores like maybe a

Whole Foods and they're actually going

shopping at Walmart leading companies

like whole payche I mean Whole Foods to

actually start reducing prices for their

Foods because they're realizing they

have to compete with Walmart because

they're losing their customer base to

Walmart so getting reports from Walmart

and and Home Depot really important for

understanding what's going on with

discretionaries but also understanding

what's going on with staples really big

Catalyst there for Tuesday morning and

they can also give us a heads up into an

inflationary impetus of the market what

is the what are those earnings calls

going to tell us about pricing very very

important it's some of the most

important leading data you could look at

people hear me say earnings as leading

Catalyst and they're like

nah man nah man I like I like lagging

stuff like like unemployment reports uh

oh man uh-uh Walmart and Home Depot it's

where it's at so pay attention to those

Tuesday

Tuesday after the Bell uh actually

you're also before the Bell you're going

to get some Philly fed surveys fine

we'll cover that data uh Tuesday after

the Bell you're going to get coinbase

Palo Alto networks Toll Brothers Caesars

and jit zip recruiter it should be

pretty obvious why these are important

obviously with Bitcoin going up maybe

you would expect better earnings for

coinbase although you should always

expect the unexpected when it comes to

playing earnings this is why sometimes

playing earnings is actually pretty

difficult Palo Alto networks look at

fortnite and cloudflare are any guide

they're going to kill it but then again

maybe that's expected Toll Brothers this

is your wealthier home builder

how are they doing we'll find out

Caesar's entertainment what can we learn

about maybe uh International casinos

like Macau but also Las Vegas uh zipper

which we expect to Boom in really the

casinos zip recruiter how are those

leading indicators for job openings and

how do they compare to the jolts report

indeed.com suggests that job openings

are actually flat that's good we want

job openings plot because we don't want

a wage price spiral just like what we'll

learn on Wednesday morning before the

Bell when we get data from Fiverr

that'll help us know a little bit about

sort of that contract worker Apple just

apparently tanned a bunch of contractors

and people are a little bit pissed who

are contractors because they're like

apple told us we were safe Apple was

bragging about being the company that

didn't over hire and so they didn't have

to lay off and they're not laying off

they're just firing contractors which

technically isn't a layoff when you're a

contractor when work slows down you get

fired that's called being a contractor

you don't get the phone call anymore

anyway Overstock uh learn a little maybe

a little bit about e-commerce Wing Stop

chicken inflation look we already got uh

uh Tyson Food we already know that there

seems to be somehow all of a sudden less

demand and less pricing power for

chicken than it previously was so we'll

see

Wednesday after the Bell these are some

big ones video

what's going on in that chip sector we

know PC demand has been crap but are we

actually starting to see some server

demand pick up again based on what

you're seeing at some of the software

companies maybe maybe you could actually

expect to see some more server demand

uh teledoc

I hate that company but we'll see what

happens uh in case you're wondering why

you could just type into YouTube meet

Kevin teledoc uh I I think it's very

assembly lined lack of Personality or

lack of personal relationship uh service

it's very convenient for just bull crap

like dude I got an ear infection just

prescribed me some antibiotics damn it

right

um but uh but uh the biggest thing that

drives me nuts is how they have in the

past and still do propped up their

balance sheet with a nonsensical

inflated amount of of Goodwill anyway

again you can search YouTube for that so

who knows maybe they'll do great you

just inverse Kevin on that one but

anyway

Etsy Lucid Dutch Bros matterport

lemonade now I'm actually excited about

matterport

because matterport has been growing like

crazy their user base because they

release release this new camera or a

module attachment for the iPhones or

smartphones and that lets you basically

use the lidar sensor on your phone to do

matterport scans now the device is not

good I I did not like it a matterport

actually gave it to me for free uh and I

emailed them and I said I I am sorry I I

cannot pitch this

the phone version I love the big boy

okay I like it big I like the big black

one that's the big black camera device

that's the all-in-one and it spins

around it's like really strong and

powerful amazing really good and I'd

love to try out their new matterport 3 I

think it's great well the problem is

you're in a seasonal cycle or cyclical

site well you're in the cyclical

environment

where real estate is slowing down the

amount of the amount of money agents are

making is slowing down

and that means the investment agents are

going to put out I think is lower for

listings and so I think you're going to

see a drop off in matterport signups but

again maybe inverse trade that one

because you know it could be wrong you

know the leading indicators aren't good

for matterport but then again the

leading indicators were terrible for

Airbnb and they smashed it out of the

park

oh well Dutch Bros lemonade lemonade

will be interesting because the

financials of lemonade are not great but

their stock has been down so much makes

you wonder if they're maybe a little bit

closer to the path to profitability I

don't think so but we'll see

we do also in the middle of the day get

the Federal Reserve minutes

I I don't know how much those are

actually going to matter this week but

everybody will hold their breath for a

hot moment on those minutes

Thursday before the battle you've got uh

Alibaba Wayfair you'll get some GDP

annualized numbers Thursday after the

battle you'll get block with square uh

you'll get into it Beyond me carvana

Autodesk booking Holdings MP materials

and Open Door boy Open Door sucks I you

know every single Open Door listing I've

been going through has been something

they substantially overpaid for and

honestly I think they just don't care

about their listings I went through a

listing it literally had a dead mouse

and you know the smoke detectors are all

yoinked off on all of them it's like

these are some of the most trashy

properties you could go through I pity

the fools who buy Open Door listings

because they're so poorly put together

they're so disgusting everyone that I've

been through I have not seen a good Open

Door listing and hopefully the people at

Open Door wake up and get off their ass

and do something because if they're

wondering why their inventory isn't

selling it's because they suck they're

literally terrible at managing real

estate I really feel feel like the

executives don't actually go look at

their real estate they don't even know

what they're doing with real estate it's

a company that quite frankly I cannot

wait to go bankrupt

uh and and that's I don't have any

shorts against open door you know I I

don't want people who work at Open Door

to lose their jobs but let's just put it

this way people at Open Door they should

like open their eyes probably a little

bit and go yeah this company is going

downhill uh so just be careful like I

don't want you to be blindsided when you

lose your job because they've already

done two rounds of what 25 layoffs or

whatever but it's just just go through

some of the open door listings and tell

me your opinion and and I don't know my

experience has been terrible that's just

my opinion doesn't mean the whole

company is like that but

I don't know anyway so they report

Thursday

uh since I'm so bearish they'll probably

go to the moon but whatever if they're

smart if they're stock rallies they they

will dump on that rally and raise Equity

because they need it to survive carvana

is another one that needs it to survive

they should dump on every rally that

happens

Autodesk will be really interesting

because I think it'll give us a little

bit of insight into those that recurring

Revenue model as well from uh Architects

you know are we seeing sort of a

Slowdown there for building and

construction

uh booking Holdings travel you know

beyond fad uh into it you know leading

into tax season Square consumer balances

you could get some a little bit of

insight from Square on consumers uh from

existing Bank balances Friday you

actually get a big inflation Catalyst

Friday you get pce

personal consumption expenditures

expecting the deflator number to come in

at point five percent month over month

core point four percent year over year

five percent

should be pretty similar to PC or uh to

CPI

in other words wouldn't be surprised to

see it coming hot but uh who knows

slightly different survey and it is the

fed's preferred inflation gauge we get

uh University of Michigan sentiment we

get Cinemark reporting which is a nice

leading tell for AMC coming up Feb 28th

new home sales expected to be 620 000

new home sales growth expected to be

point seven percent month over month on

Friday so that's my friends there's a

set of cuddles coming up for the week

ahead