The Stock Market just FLIPPED - Here's Why.

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meet kevin to learn more hey everyone we

kevin here people are talking about the

end of the goldilocks period the fud

that bank of america says the mother of

all crashes is coming but what if

they're all wrong what if institutional

investors like hedge funds who are all

of a sudden dumping higher valuation

companies like certain tech companies or

consumer discretionary companies are

making a big mistake in this video i'm

going to go through specifically which

stocks appear most primed for success

going forward specifically

for what we see happening in the market

with data that came out today let me

show you why i'm noticing this pattern

first let's go ahead and jump in over to

weeble here and take a look just

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okay the first thing that we're noticing

here let's actually start with let's

start with etsy because it really helps

get us started so etsy is up 5.9 today

it's at 296

all-time highs

one of the things that's wonderful about

etsy

is it's not affected as much by supply

constraints as people can make products

in their garages and send them out from

there not trying to ship things in from

overseas in some cases you are some etsy

products are obviously coming from

overseas

but you're not as affected by supply

chain constraints and the consumer is

going nuts for spending money

let's do another example let's look at

nvidia

nvidia is a company that has been

perfectly navigating the supply crisis

the consumer is spending money on new

computers on new graphic cards they're

putting more of their things in the

cloud data services right nvidia

kills it in this space plus expectations

are this was mind-blowing expectations

are that in the future the metaverse

could make up a substantial portion of

sales consumer-based sales in the future

listen to this report from morgan

stanley okay morgan stanley metaverse

gaming and nfts could represent a 50

billion

euro opportunity

in the sector by 2030. nfts and social

gaming present two near-term

opportunities for luxury brands allowing

them to monetize their vast intellectual

property over decades by having

essentially virtual and hybrid luxury

goods a hybrid luxury good would be for

example like oh you bought a product

purse here's an nft to go along with it

but if you want the nft you've got to

pay x dollars more and it proves that

you have this in real life as well think

about that folks massive opportunities

the in the nvidia play is all about the

consumer and all about metaverse as well

metaverse a lot of people

not super excited about it because

they're like how's this different from

from a video game i get it we can have

different conversations about that but

think about this morgan stanley expects

that by 2030

luxury brands could expand their total

addressable market for revenue by more

than 10 and their bottom line by more

than 25

thanks to the metaverse let's look at

another one let's look at something or

somebody who's also navigating the

supply crisis decently well but first a

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apple look at this folks apple all-time

highs right now and directly correlated

with consumer spending a firm off of its

all-time highs but still at record highs

setting up a cup and handle and

3.4 on the day let's do another one

let's look at amazon day chart for

amazon folks we are at all time highs

for amazon

facebook which advertises to consumers

uh you know has had a little bit of pain

but it's trending up again

trade desk has been fluctuating the last

few days but in the grand scheme of

things has been on an uptrend especially

in the recent couple months here now

what do all of these so far have in

common

they're all reliant on the consumer

spending stuff etsy firm apple amazon

facebook

trade desk which is basically companies

willingness to spend money on

advertising right it all comes down to

the consumer let me show you a company

that doesn't really care as much about

the consumer let's go to invite okay and

i don't want to say that their company

doesn't care about the consumer but this

is not account you wouldn't buy this

company to get exposure to consumer

spending right and so not a surprise

it's down let's look at arcg for example

arc g

okay arc genomics there you go you're

not a consumer play the market doesn't

seem to care right now but wait a minute

kevin if you're trying to suggest that

the market really only cares about the

consumer right now why is it that paypal

is down as much as it is wouldn't this

be payment processing

yes but paypal one of the reasons that's

substantially been falling is because of

lockdown starting in europe and so the

companies that are doing well imagine

this again the online ones like etsy

affirm apple and amazon facebook and

trade desk the online consumer spending

sector is absolutely killing it because

you have covered fears and lockdown

fears surging again so paypal and square

are getting killed small businesses are

often the first ones to lock down that's

why square is at the bottom of its

channel paypal is falling off a cliff

it's also why you've got companies like

and this is a combination of coveted

fears and

not just coveters but also supply chain

issues and not so great earnings numbers

look at nordstroms as soon as a stock

proves that wait a minute the consumer

is not here because we either don't have

the supply or for whatever reason the

consumer isn't coming to the mall

nordstrom down 29 today gap down 23

today macy's down 6.1

today folks the theme in this market is

crystal freaking

clear

it's where is the consumer spending

money

and those are the stocks that are

absolutely

killing it right now

ask yourself about other companies or

other sectors that aren't doing so hot

like for example look at real estate or

real estate lending well there are

expectations that if rates go up in 2022

real estate prices potentially come down

and refinancing or loan activity will

fall it makes sense why companies like

redfin and zillow with the exception of

zillow's like crazy stupid failure it

makes sense why they're rotating down

and it also makes sense why these

consumer stocks are rotating up but but

why what happened this morning well get

this folks okay this was wild this data

this morning this morning and this was

totally anti my expectation but it's

really really good news especially for

them consumer stocks okay here's the

news so this morning

u.s personal spending exceeded

expectations we came in at

1.3 percent month-over-month growth in

consumer spending folks this is without

unemployment payments in october this is

without a stimulus check in october sure

we've got the child tax credit but we

are at a higher level of consumer

spending in october uh then

i would say 98 percent of months that

came before it these are all little

months going back to the 90s look at

that i draw a line at the top here

maybe there's one month over here this

list looks like it's probably somewhere

in like 04 or something like that but

folks

this is big this is a really good shift

in spending on top of that

we get unemployment claims coming in 70

000 below expectations at 199 000 weekly

unemployment claims that is the lowest

amount of unemployment claims that we've

had since 1969.

that's insane what does this mean it

means people are working

people have money and folks people

aren't saving it they're spending it the

personal savings rate is falling people

are spending their money and so folks

what is the stock market doing it is so

crystal clear it is rotating very

clearly and it has been rotating very

clearly to where the consumer is

and where the consumer can stay because

you might for example think well the

consumer's going to be and stay at a

company like target yeah well probably

target walmart are great companies

they've also upped their online presence

so has macy's quite frankly or saks at

fifth uh their online divisions are

killing it but there are also temporary

concerns about uh travel and coveted

restrictions that are potentially going

to hurt things like restaurants uh and

uh and really retail and this is why i

think we're seeing this absolute

explosion in consumer based stocks

that's where this market is going and

quite frankly it could keep going you

could sit around and hope for a big dip

quite frankly i hope for a dip as well

but you might be tricking yourself

because

the reality is we've got a huge amount

of people with a huge amount of money

and they're spending it despite the fact

that inflation is up if anything it's

entirely possible that because inflation

expectations are so high people are like

let me spend money before prices go up

which reminds me the prices go up for my

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we'll see in the next one thanks bye