Holy $H*T Stocks!
FULL TRANSCRIPT
boy oh boy am i glad i bought the dip
heavy thursday morning whoa
that was a buying hello let's go and
that rhymes that's awesome hey folks uh
welcome back to another video we got to
talk in this video about what's
happening in the market why is a certain
sector of the stock market and
cryptocurrencies why are they rallying
together what do we need to know about
russia and ukraine what's going on with
these peace talks and nuclear talks at
the same time what are some leftover
catalysts and what's going on with
shorts out there because today's the
kind of day the shorts are starting to
get a little bit hammered okay now keep
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in just a moment okay folks here's
exactly what's going on first of all we
got peace talks yesterday futures were
down somewhere around two and a half to
three percent that was between the spy
small cap russell 2000 and the uh qq or
nasdaq so what's going on while the
sudden uh did we go from this negative
two and a half percent to now uh s p and
q q q positive and tech stocks are
rallying like a sofi and matterport
killing it up eight to ten percent right
now you've got tesla up
point seven percent coin base up seven
point eight percent solana is up eleven
percent up starts up thirteen percent a
firm is up ten point five percent neo is
up ten what's happening even and phases
up another eight point four percent boy
am i glad i bought that thing at 1 20 on
thursday morning but anyway what's going
on so here's what's happening first of
all peace talks the first round of peace
talks concluded solenski i doesn't
appear and this is a good thing did not
go to them this is good the last thing
we want is zielinski to get captured or
potentially
if he dies i think there would be a
morale collapse in ukraine it would be
one of the worst case scenarios he is
keeping ukraine together he is killing
it he's doing a very very great job so
he's got to stay safe the first rounds
of talks have come completed between uh
ukrainian delegate uh delegated members
and russian and delegated members now
the there are more talks expected to
come and this is good these are the
first talks that we've had since this
escalation well since negotiations broke
down before the incursion before the
invasion right
and since then the russian stock market
has been absolutely getting destroyed
we've seen the rupal now trade for over
a hundred and six dollars uh that is 106
rupals per a dollar it's absolutely been
getting crushed in terms of its
valuation it's an example of what the
vanic vectors russia etf is doing which
just gives you a little bit of a taste
of what's happening in russia itself i
mean people are losing their wealth
they're losing their money and they're
losing faith in their currency and this
is why not only we have protests in
russia but we're also seeing the
potential of a bank run so much so that
the central bank has just come out to
say you know what we are going to raise
interest rates in russia to 20
and that's from nine and a half percent
that's more than a
double to try to control essentially the
rapid devaluation or rapid inflation of
their currency they're like that's it
jack up rates to fight inflation we know
how that works over here except they're
doing it to the extreme because freaking
putin screwed up again
but anyway
at the same time we're seeing oil stocks
uh well oil uh per barrel rally with
exception of bp bp is not doing too well
because they're dumping a 20 stake at a
loss in russia but we're seeing oil
obviously spike rent over a hundred
dollars a barrel again and this is
starting to push tech and ev up because
how do you get out of high oil prices by
innovating by investing in tech and by
investing in electric vehicle companies
and because a lot of these have sold off
over the last quite frankly 10 weeks now
there's a quite a quite a build up of
short interest and i would not be
surprised if we end up seeing
a potential even short squeeze or at
least some degree of short covering
heads up this just in as i'm recording
this russia says ukraine has agreed to a
second round of talks so both sides now
have agreed to a second round of talks
this is positive this is a lot better
than where we were yesterday when it was
when it essentially felt like
the belarusian army was getting ready to
invade uh ukraine and kiev together
with
uh with russia that's that's where we
were yesterday talking about nuclear
saber rattling again here we are today
market's going green on peace talks
market's very happy with what's going on
now i want to talk about the short
interest data here and i want to show
you some inflection points but first
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at this one by one here so first of all
here's a lemonade still at a high in
terms of short interest i'm going to go
ahead and hide myself for a moment look
at this inflection point to the upside
here on short interest this does not
include today yet it just tells us where
did we go starting the week we went in
here on lemonade with a high tattooed
chef 32 next highest that we're tracking
here kind of started rotating down a
tiny little bit corsair gaming also
started having a little refl inflection
point down here a little bit of sign of
some covering happening especially since
this is 24.2 short arc has been flat in
terms of shorts sitting at about 20.8
you've got amc also roughly flat at
about 20 percent so far sitting at about
19.8 actually increasing in shorts so
you could definitely be seeing and some
of these we're seeing the inflection
point up as far as friday was concerned
and now you're seeing some of these run
you could definitely be seeing some
short covering now be careful sometimes
the short covering ends up turning into
reloading shorts when a new catalyst
comes up and we're going to talk about
new catalysts in just a moment but let's
quickly look at some of these other
shorts shorts before earnings here are
starting to pick up on lucid sitting at
about 18.8 percent short you've got
matterport here also sitting a little
elevated seventeen point four percent
short the s p you're starting to see
some shorts come down still about
16.8 percent short teledoc 15 percent
robin hood a little increase here a firm
relatively flat only about 10 percent
and tesla relatively flat about 2.91 of
course we cannot forget though game stop
let's throw in gamestop at 18.96
relatively flat here recently
so what are the next catalyst that we
have to be careful of well here's what
we got to know and then we got to talk
about the fed so what we've got in terms
of the next catalyst
are quite a bit first the potential
breakdown of talks that's the big
catalyst number one you should write
these down next catalyst on wednesday
that's in two days we're gonna get our
first private jobs report the adp jobs
report that's the estimate of what jobs
are going to come in at and then on
friday we get the actual jobs report and
what we're looking for here are how much
did those wages go up month over month
are we going to see a wage price spiral
this is going to be a very big catalyst
and it's quite possible there could be a
lot of fear going into the report and
once we get the certainty of the report
we could see some of that fear evaporate
we've got cpi coming out next week on
march 10th that is another big catalyst
and then of course the week thereafter
we have the federal reserve we're going
to see hey are they going to rug pull us
with a 50 basis point hike or are we
just going 25 my expectation is we're
basically guaranteed to get a 25. i'm
not really worried about any of these
reports
as much as i had been in the past
because i believe the fed is going to
take a very patient approach especially
because of these geopolitical concerns
some folks are like kevin you're
flip-flopping uh yeah because the data
changed when the data changes and the
facts change i sold my gold and i bought
stocks i did that thursday morning look
at what they've done since then tesla
and face gold the gold that i sold gold
went down and face tesla they went
straight up they've been absolutely
killing it so we've lowered our cost
basis and we've even got some extra cash
around to keep buying on some of these
fear catalysts because there will be
more i'm still believing that patience
is important 2022 no matter what is
going to be a rough year very very
volatile so i'm not one to want to chase
the short squeezes up because i don't
think the short squeezes are going to
last before these reports because all
it's going to take is a little bit of
bad news on peace talks the shorts
doubling back down on their shorts
pushing these stocks right back down
creating a new buying opportunity for us
now regarding the nuclear threat in my
opinion this is really a non-issue this
is saber rattling i don't want to come
across as saying worrying about noopsies
and not nukes is a non-issue because i
mean let's be real those are quite scary
but i do really personally believe that
uh this is just more saber rattling from
putin uh it is it is quite expected it
is quite normal this this is not new now
in terms of individual stocks one thing
that i am noticing is travel reopening
banks and safety plays like apple and
google are not doing the best that's in
my opinion because people are now
selling out of travel and reopening
stocks because they worry people are
going to spend less money on these
because of the geopolitical concerns
especially all the cancellations that we
see in europe they're moving out of
banks and safety like apple and google
and they're moving into those tech and
depressed trades that could be
cryptocurrencies uh that could be uh
microvision upstart neo i mean quite
frankly some of these oh i've had myself
doubled up there anyway some of these
have been quite depressed i mean just
here
look away for a moment at the percent
change just sort these by name sometimes
this is really important to just ignore
the percent change for a moment and look
at some of these prices that we have
adobe 464 come on this is 200 cheaper
than where it has been you've got amazon
at 3 000 it's been there for more than a
year you've got blizzard at 81. amd 124
is okay 153 okay airbnb look at this a
firm 42 freaking dollars backed this
thing momentum moved like crazy is that
six dollars
now be careful though some of these do
have the potential tendency to rotate
right back down under the weight of
newly reloaded shorts so you do want to
be somewhat careful but a lot of the
solar companies doing very very well
speculation that we might get some sort
of new ev tax credits to potentially
boost ev sales or solar sales to help
reduce our dependence on on oil and
foreign oil in general uh here again you
see delta airlines coming down a little
bit emboy air part of your your travel
sector here under 14 it's actually not
bad end phase doing quite well 166
definitely down from where it had been
but certainly up from some of its lows
and phase 166 honestly it's still not a
bad deal still pretty decent for the
high growth margins this company has
high quality products this company has
really really incredible uh let's just
quickly grab a few others of course
we've got some small the fintech the
ensure tech space i think those are
still uh going to have the the unclear
rotation up catalyst the sofi the robin
hoods a coinbase obviously going to be
doing well off of
of crypto as well as square doing uh
better off of some of its crypto
integration but otherwise uh where
you're really seeing the move is in that
ev style tech uh certainly tesla neo
even lucid turning uh green today and
ellucid's got earnings coming up and i
have to say i know a lot of folks are
waiting for updates on what's happening
with the
lucid of mine that got towed they're
providing really optimistic updates and
so we're really excited about uh getting
the car back and then getting an update
video for you so we'll see what happens
but uh ooh look even wafer is coming
back a little bit as uh
wafer oh my gosh look at wafer i mean
it's half of what it used to be look at
that 369 it's more than half under what
it used to be just wild so there are
definitely some deals out there
so
you have to ask yourself how much do you
believe that the fed's going to rug pull
us do you believe that tran inflation
could be transitory we do expect that
there will be more inflation because of
commodities and energy costs but
remember what did i talk about in my
video yesterday you got to parse out the
inflation
that comes from
these war-related aspects and think
about the inflation of consumer goods
and other aspects that might be less
affected by these war aspects wouldn't
be surprised if some of that aggregate
demand for those comes down we actually
start seeing some inflation drive down
and a more dovish fed because of the
crisis in ukraine and uh and of course
with russia as the antagonist so we'll
see what happens a lot of international
pressure right now and we know the
russian economy is absolutely suffering
under the threat of a potential
depression which will hopefully
hopefully motivate positive peace talks
so we could finally end the death and
destruction and get back to normal then
again we will be looking forward to jobs
cpi fed
and because of what's happened i'm
actually more optimistic on those than
ever before so we'll see thank you so
much for watching if you want to get
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we'll see the next one goodbye
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