Fox News *just* CONFRONTED Me | Stock Market CRASH.

11 o'clock around that time my next

guest tweeted out buy the dip joining me

now financial analyst and YouTuber Kevin

paffrath and Kevin the Dow had just

moved to six down 600 points NASDAQ was

down 400 points what what motivated you

to put out the signal at that very

moment we did come off the loads a

little bit

yeah hey Charles thank you so much my

fellow by the dip buddy look man this

market sucks everyone's gloomy even the

Bears are in a bad mood because

everybody's pointing the finger at

everyone else the chartists are freaking

out saying there's no support left and

frankly it's gone too far I think people

are fear trading prior to the

uncertainty of this Wednesday CPI report

and I think this is the perfect

opportunity to buy everybody's not

really trading companies here they're

trading the fear of Jay pal that he's

going to Paul volkeras and it's gone too

far you know what's ironic about that uh

somewhere in the future I don't know

when every guest after guess after guess

is going to come on and say what you

just said yeah people should have been

buying that extreme Fear Charlie but

very few are saying to do that right now

so I appreciate you coming out saying

that now there's one stock that

everyone's watching today the ones are

like two or three but one of them

happens to be Tesla for a variety of

reasons right Bill Gates he's got this

huge short they've got a feud going on

the stock uh considered a co-favor

amongst many at some believe this has to

fail we just heard Andrew talk about

that and of course there's a Twitter

drama right and it gets dicey as these

Tesla shares become Under Pressure are

you still a Tesla bull

yeah absolutely and look just to your

prior point I do want to say I actually

think we're probably in the depths of

the recession right now or we're pricing

in the recession completely so we're

going to look back like you said in six

months and go oh man there was that gray

bar there was the recession oh man why

won't we buying there totally right

about Tesla of course and there are

three big reasons for Tesla that you've

really got to keep in mind first of all

growth it's on it's likely to grow 50 to

60 this year despite being probably us

in a recession this leaves Tesla with a

peg of like 1.45 that's half of apples

that means you're paying twice as much

for Apple for growth as you are in Tesla

Shopify is at like 5.3 on a PEG ratio

you're paying 3.6 as much for earnings

growth at Shopify as you're a Tesla your

only other choice are companies that are

heavily in debt like Dave and Busters or

the airlines or a company like Etsy but

then you have to consider the consumer

see the average consumer at Tesla has a

household income of 146 000 they can get

through this recession and what do they

get they get a shorter wait time on

their Tesla average Apple owner is an 80

000 average income or average household

income Walmart shoppers at 56k these are

the households that are really going to

get hit not the Tesla buyers we still

have so much excess demand and you've

got inexpensive growth here on top of

that the third reason margin growth

happening on top of this growth it's

phenomenal play so you mentioned Apple I

did also see where uh this is another

stock everyone's saying must break down

here but this is not one you would buy

on a dip right

I actually sold it at a 169 I sold it

it's been a position that I've had for

about 12 years I'm sad to see apple go

but I do think we're going to see that

hit in consumer discretionary obviously

everybody's already been saying that

we've been saying this since kind of

January but I think Apple's the last

holdout the big concern that I had was

from the last earnings call from Apple

though and I tweeted this I tweeted a

screenshot of the earnings call Tim Cook

was asked three times so let's talk

about Supply let's talk about demand

every time he got asked about demand

three times he completely avoided the

question and they're not giving guidance

I think they know what's coming they

know not only are they gonna have that

four to eight billion dollar supply hit

next quarter or the second quarter here

they're also going to have a big demand

hit so for me too many tea leaves are

saying no thanks I'll go over to the

company that's saying yeah no we're in a

recession and we're gonna grow more than

wall Street's forecast everybody

everybody's expecting uh the uh the

supply chain hit I don't know if there's

a lot of folks expecting to your point a

man hit

uh less than a minute to go what else

are you looking at are you buying

anything else here

you know I'm really fascinated by

advertising stocks and I have been kind

of up until this morning and so kind of

a dual answer here right so I've been

interested in trade desk as a pure

advertising play or even Google however

this morning after reading the Uber

email that came out we're seeing

companies are starting to talk about

cutting advertising I don't like to hear

that I'd rather hear that advertising is

getting more spent so I went into my

YouTube analytics and I'm like well dang

it my ad rates have been going down the

last 28 days so I'm like dang it Charles

now I got to do some more thinking so

maybe Disney I don't know I hope their

Parks crush it I was there this weekend

so maybe I'm biased but I'm still a

little high on the uh the Disneyland

rides I hear you well congratulations on

that and by the way they just had a

finally had a blockbuster it's been a

while for him Hey Kevin you were

fantastic appreciate it thanks a lot

thanks for having me bye