TRANSCRIPTEnglish

Watch *BEFORE* Tomorrow [Wednesday Morning].

11m 35s1,973 words289 segmentsEnglish

FULL TRANSCRIPT

0:00

11 A.M 11 A.M on Wednesday November 23rd

0:05

you should have your calendar marked for

0:06

that because we are about to get a

0:09

report that should have the biggest

0:12

shift that we have seen yet

0:16

and we're going to talk about exactly

0:18

what to expect what we're looking for

0:19

and what could happen in the stock

0:20

market obviously in this video where I'm

0:23

holding this not empty cup of coffee see

0:26

there's coffee

0:28

oh

0:29

the haters I think my cups of coffee are

0:31

empty how do I get as much done without

0:34

coffee I couldn't I couldn't do it

0:35

wouldn't happen I've tried it before I

0:37

just end up napping it's bad gotta have

0:39

coffee anyway this video is brought to

0:40

you by Mumu and the Black Friday coupon

0:42

code link down below of course folks

0:43

we're talking about the Federal Reserve

0:45

minutes which come out tomorrow tomorrow

0:48

at 11 A.M I will be live streaming the

0:51

release of these and this is the first

0:54

report that is coming out

0:58

that we expect to actually see the

1:00

Federal Reserve acknowledge the

1:03

two-sided risk of hiking and Hawking

1:06

keep in mind that this is also the

1:09

meeting where Jerome Powell first came

1:12

out and suggested hey you know we're

1:14

thinking about going with a slow down 50

1:17

basis point hike we had Nikki leaks

1:20

leaking the idea about the 50 basis

1:22

point hike for December which will be in

1:25

in about two and a half weeks from now

1:27

we had a lot of enthusiasm that came

1:30

about this potential Fed rate hike

1:32

slowdown and we had a lot of uh you know

1:35

recognition from Jerome Powell that hey

1:37

you know we've we've gotta and this is

1:39

what he said in the press conference

1:40

we've got to recognize that there are

1:42

lagging effects of monetary policies

1:45

that was the uh that was the first time

1:48

the very first time Jerome Powell

1:50

actually recognized and talked about the

1:53

lag of monetary policy the Federal

1:55

Reserve Open Market Committee statement

1:58

talked about the lag Jerome Powell

2:00

talked about the lag and that means they

2:02

talked about the lag in the meeting and

2:04

tomorrow we get the minutes for those

2:05

and it's the first meeting where we

2:07

actually are going to get a lot of lag

2:09

talk the only reason markets want really

2:12

fussy is because that one reporter

2:15

started yapping his trap about how

2:17

markets were rallying on what Jerome

2:19

Powell was saying which wasn't even true

2:21

at the time leading markets to sell off

2:23

when Jerome Powell ended up going hard

2:25

suggesting that it feels like we haven't

2:28

made any progress remember the takeaways

2:31

from last fomc meeting after the press

2:33

conference okay remember some of the

2:35

takeaways drum Powell said things like

2:37

it seems like we're not making any

2:39

progress it doesn't seem like things are

2:41

any better now than they were last year

2:43

at this time it doesn't actually seem

2:46

like we have sustained declines in

2:48

inflation now do keep in mind

2:51

this Hawking came as a result of a press

2:57

reporter asking a stupid question came

3:00

before the CPI report for October which

3:03

came in low before the low PPI report

3:07

the producer price inflation report uh

3:09

and uh came you know as a result of a

3:14

prompt from a reporter who wasn't

3:16

recognizing that like just give drum

3:19

Powell the opportunity to bask in the

3:21

idea of talking about a Slowdown in

3:23

rates and that's the discussion that

3:25

we're going to analyze tomorrow in

3:27

detail but I want to tell you exactly

3:30

what to look forward to tomorrow and

3:32

what the market could do with the

3:35

warning right after a message from our

3:37

sponsor and it's not the 60 off coupon

3:40

code for Black Friday it's Mumu but

3:42

before we get into that I want to thank

3:43

today's sponsor MooMoo Mumu is an

3:45

advanced a One-Stop trading app that

3:47

makes it easy for Traders to do any and

3:49

everything they need MooMoo offers an

3:51

earning calendar which is a clear and

3:54

customizable calendar that lays out

3:56

individual release dates of financial

3:57

reports for you being able to see when

4:00

reports come out is so crucial for

4:01

trading effectively and having all of

4:03

the reports listed and organized into

4:04

one calendar makes things a lot easier

4:06

than constantly trying to go around to

4:07

different websites that way you can get

4:09

the information you need when deciding

4:11

on your next big trade windmill also

4:13

offers fun tracking which allows you to

4:16

get a quick overview of the movement of

4:17

funds in the stock market to help you

4:19

make the best trading decisions if you

4:21

want to see what the big boys and girls

4:22

are up to it's tools like these that

4:25

separate MooMoo from any other trading

4:27

platform so at bare minimum try it try

4:31

it along the other platforms you're

4:33

using and check it out if you're a

4:34

beginner intermediate or Advanced Trader

4:36

moomoo's unique set of tools and Trend

4:39

visualizations make understanding Market

4:41

movements just that much easier and it's

4:44

something like stock trading it's those

4:45

little things that can make all the

4:47

difference boomu is also giving out ten

4:49

dollars of cash back when you complete

4:50

your first deposit of any amount

4:52

celebrating the company's 10th

4:54

anniversary only available when you sign

4:56

up via my link down below and on top of

4:58

that the more money you deposit the more

5:00

free stocks you can get up to 15 totally

5:03

free stocks check out those terms and

5:06

conditions via my link down below get

5:08

that cash back get those up to 15 free

5:10

stocks and for Australian users it's up

5:12

to 50 bucks Australian dollars cash back

5:15

when you deposit or so what are we

5:16

looking for tomorrow we are looking for

5:18

the following

5:20

What specifically is the Fed looking for

5:23

in terms of a lack because at the moment

5:27

we still have mixed signals from

5:29

consumers going through spending they're

5:31

borrowing more money where are they

5:33

suggesting the lag is Jerome Powell in

5:35

press conferences has told us that the

5:38

monetary policy lag might actually be

5:40

very short because Financial conditions

5:42

begin to tighten in anticipation of what

5:45

the Federal Reserve says turning on the

5:47

head this idea that it takes 18 months

5:50

for monetary policy to actually affect

5:54

markets what if that theory has been

5:56

revised what if we get commentary in the

6:00

fomc minutes tomorrow that suggests the

6:03

the Federal Reserve has concluded

6:04

monetary policy lags by six months well

6:08

then it's entirely possible that the FED

6:10

might say look what if we in these

6:12

minutes what if we were to pause in

6:16

March we would then see Peak fed

6:19

heightening hiking effects essentially

6:21

in September of 2023. folks almost every

6:28

estimate for inflation for September of

6:31

2023 is substantially lower and guess

6:34

what also starts potentially happening

6:36

in September of 2023. according to JP

6:38

Morgan we actually expect finally

6:41

shelter inflation to roll over that's

6:44

when we expect the lagging owner's

6:47

equivalent rent to actually roll over

6:49

September of 2023 should be a very good

6:53

period for markets as data actually

6:56

comes in really soft on not just

6:58

inflation across the board barring any

7:00

other kind of war or whatever uh That

7:03

Could That Could temporarily Spike

7:04

inflation or or covet outbreak or

7:06

whatever my gosh not that again

7:09

so we want to see

7:12

an understanding of what the FED views

7:15

as a lag how long is that lag how many

7:17

people think it's three months six

7:19

months or nine months because that's

7:20

going to give us a very interesting

7:22

trajectory of when the FED actually is

7:25

trying to align Peak tightness right

7:28

that will be very very good for markets

7:31

and the stock market likes to price in

7:33

uh its expectations for the future about

7:36

12 months in advance

7:38

so if we start thinking we're

7:40

potentially going to be in a trajectory

7:42

of stocks leading us out of a recession

7:45

come Q2 Q3 of 2023

7:49

markets could slowly start trying to

7:51

price that in and tomorrow we're not

7:54

going to have a press That's Hawking us

7:57

that's uh that's Hawk you know leading

8:00

Jerome Powell to to talk dirty to us

8:02

what we're actually going to get is

8:04

probably just the bullish talk the

8:06

bullish talk about a pause and lags

8:10

and we want to see how aggressive that

8:12

talk is how aggressive the talk of

8:14

two-sided risks of Hawking and Hiking

8:16

are and I believe we can actually see

8:20

a decent rally in the stock market

8:22

between tomorrow

8:25

November 23rd

8:27

and right before the CPI release next

8:31

month now that's going to be very

8:32

interesting because that's December 10th

8:35

uh December 10th we get the CPI release

8:37

uh sorry it's actually this the last one

8:40

was November 10th I'm sorry it's

8:42

December 13th December 13th let me

8:45

correct myself so I believe that between

8:47

now and December 13th between this fomc

8:51

meeting in December 13th we could

8:53

actually have quite a bit of optimism

8:56

for the market that we really haven't

8:58

gotten following the CPI and PPI reports

9:00

so that means we could have an

9:02

optimistic tomorrow markets are closed

9:05

Thursday an optimistic Black Friday and

9:07

Cyber Monday week and we probably won't

9:11

start seeing softness in the market in

9:13

my opinion until about December 8th to

9:16

12th as we prepare for not only the CPI

9:19

report but also the fomc meeting for

9:22

December

9:23

see markets do not like uncertainty and

9:27

what we've noticed for really the past

9:29

year is markets tend to sell down right

9:33

before CPI meetings or releases and

9:36

right before the FED meetings so in my

9:39

opinion you potentially and this is the

9:41

kind of stuff that we're going to be

9:42

doing a lot of I think in the trading

9:44

challenge is we'll be playing some

9:45

options uh probably selling calls

9:47

selling puts depending on volatility uh

9:50

charts and such which we'll be doing

9:51

together in the stocks and psychology

9:52

MoneyGram uh starting next Monday I

9:56

believe the week of the 12th through the

9:58

16th is going to be very very tenuous

10:01

you probably have very soft inflows the

10:05

8th through the 12th as we wait for that

10:07

CPI report and then of course the FED

10:09

meeting but between now where we're

10:13

expecting tomorrow a a actually quite

10:15

bullish and dovish fomc meeting report

10:19

uh and probably the seventh to 8th

10:22

actually have a little bear Market rally

10:25

for the next couple weeks depending on

10:26

what's set in this flomc report so I

10:29

would prepare for that I would prepare

10:31

for a potential bear Market rally over

10:33

the next two weeks it might not come to

10:35

fruition but the reason I would prepare

10:37

for it is I would start thinking to

10:38

yourself

10:40

if it's a bear Market rally what do you

10:42

want to do do you want to use that as an

10:44

opportunity to get out of margin to sell

10:46

some Shock that you've over concentrated

10:48

into does it mean potentially you want

10:50

to buy the dip today in anticipation of

10:53

that those are things that you want to

10:54

think of yourself obviously even though

10:56

I'm a licensed financial advisor I can't

10:57

give you personalized Financial advice

11:00

uh but I think the biggest broad-based

11:03

Financial suggestion for everyone is get

11:06

out of margin anyway that's what to

11:09

prepare for for tomorrow I'm optimistic

11:11

about it I'd like to dye my hair green

11:13

but we did a vote in the course member

11:15

uh section and it was close but it was

11:18

like 45 55 to not dye my hair green so

11:21

anyway I did run a poll and we will

11:23

respect that so cheers to that hopefully

11:26

you joined being a course member if you

11:28

have questions about custom bundling

11:29

send me an email on kevin.com we'll see

11:31

in the next one goodbye

UNLOCK MORE

Sign up free to access premium features

INTERACTIVE VIEWER

Watch the video with synced subtitles, adjustable overlay, and full playback control.

SIGN UP FREE TO UNLOCK

AI SUMMARY

Get an instant AI-generated summary of the video content, key points, and takeaways.

SIGN UP FREE TO UNLOCK

TRANSLATE

Translate the transcript to 100+ languages with one click. Download in any format.

SIGN UP FREE TO UNLOCK

MIND MAP

Visualize the transcript as an interactive mind map. Understand structure at a glance.

SIGN UP FREE TO UNLOCK

CHAT WITH TRANSCRIPT

Ask questions about the video content. Get answers powered by AI directly from the transcript.

SIGN UP FREE TO UNLOCK

GET MORE FROM YOUR TRANSCRIPTS

Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.