An URGENT Warning for Investors
FULL TRANSCRIPT
hey everyone meet kevin here this video
is going to replace my market closing
livestream as i have to hop on a plane
very shortly because i'm going on
vacation
unfortunately i am also going on
vacation right after dying my hair red
and the market beginning to crash
however we do have life insurance we can
get in as little as five minutes by
going to mkevin.com life you can get a
beautiful live streaming software called
stream yard by going to medkevin.com
streamyard
excellent platform way better than
streamlabs and of course you can take
advantage of the cyber monday week
coupon code link down below which does
expire tonight now i hate saying that
because i know people like kevin it's
always explained the price does go up
over time so we did raise the price
after black friday we're going to raise
the price after this week and then we're
going to be done with sales for a while
so no more course pitches for a while
okay but here's that last opportunity
now let's talk about what the he double
hockey sticks is going on in the market
after i talk about what's going on the
market i'm going to talk about my
recommendation
as hashtag not financial advice
now
let's get into this
first
we have multiple catalysts for december
we know that i've been selling a lot
over the past month i've been selling
around i've raised about five to six
million dollars in cash over the last
month
however here's the problem with trying
to time the market i'm going to be very
very transparent here okay
i expected an end of the year rally i
bought a bunch of options the end of the
year rally came i made attendees on a
lot of those not on everything but i did
really well on a lot of things
then i started selling and then i
started selling shares at some of the
peak pq4y that we had unfortunately
i started buying back in
and just the first signs of the dip over
the last couple days
that was a mistake
i made a mistake i failed
i took about 30 percent of the cash that
i raised and started buying too early
now the market is selling off more
and the question is where's the bottom
well folks i'm going to tell you where
the bottom is and it's not beautiful i'm
going to tell you that in just a moment
first i want to go through the fear
catalysts that we have right now and i
want to specifically highlight which one
i think is the most
fear-inducing
first we had a few catalysts that
congress would not extend the budget
they did the market didn't care
literally nothing happened the market
just did not move why because we get the
game now congress sucks at their job
their weenie baby pansy
so cross that off the list
nothing happened nothing burger okay
next the jobs report came in today it
actually came in
in my opinion the best case scenario it
proved that wages were not going up at
incredibly fast paces as an aggregate
average i know that wages are going up
in a lot of places but as an aggregate
average we're not seeing a wage price
spiral this reiterates the long-term
thesis that we are not in a long-term
inflationary trend we went up on an
average of three percent at an
annualized rate now looking back a year
we're up four point eight percent but at
an annualized rate our inflation in the
last month for jobs was only three
percent
that's low three percent i mean i
suppose historically is still high but
it was certainly well below estimates
substantially below estimates
and we were worried that what if jobs
come in super hot what if we come in
with six seven hundred thousand jobs
jerome powell's gonna wake up and go oh
crap let's taper more right now screw it
screw waiting for the meeting we'll
taper now
no
we missed
substantially because the market is not
overly hot
the market is recovering
but i think we are on a strong
trajectory but certainly not an
overheating market where we have to
worry about
fears of hyper
activity in the market the fed's going
to come out and crash the market by
raising rates substantially and very
very quickly
if anything today's jobs report is more
reminiscent of potentially what's
happening in brazil
in brazil you have 10 inflation
you had negative gdp growth last quarter
and you have
flat to slightly negative gdp growth
thus far this quarter two quarters in a
row of negative gdp growth guess what
you're in folks the r word you're in
recession that's brazil it's not america
we're still growing we're growing slower
though but anyway
jobs report if anything
while it was good that we're not
overheating it was potentially too far
to the good side to where it became bad
towards the deflationary side
cpi coming out on december 10th
whatever we know there's going to be
some inflation right now
we know that
a lot of stocks have run to euphoric
highs
matterport and face etsy there's a
reason i've been trimming some of these
i trimmed some tesla i trimmed some etsy
i trimmed some end face trimmed
now the problem is and this is why it's
so freaking hard to time the market but
it's it's you see the intuition okay the
pattern of intuition
i sold i sold i trimmed these stocks
i wish i trimmed more for example i sold
a bunch of shares of etsy like 1500 1000
or 1500 or whatever of etsy i wish i
just sold everything at 280 but i didn't
i was diamond handling the rest you know
i took a little bit of money to build up
a little bit cash and i diamond hand to
the rest so i don't like to trade the
whole portfolio because it's difficult
to re-time your buy it's kind of like
yesterday i'm the numbskull who's
thinking oh we've had a nice dip i'm
gonna nibble and i made it very clear
that this was just nibbling i'm gonna do
little nibbles on like nvidia and affirm
and and whatever
look at today
disaster
look at sofi folks okay this was freaky
you want to see sofi watch this folks
this is insane okay i'm always talking
about how important support and
resistance lines are and the long-term
investors are like yeah whatever look i
have tweeted about sofi having a support
line at 1471.
look at the minute chart today folks oh
why did it go dark i have no idea why it
went dark there it is
look at that
how weird is that that is basically a
solid bounce off of the line that i've
had drawn
for months
look at this decline that we're seeing
here okay there's a lot of pain out
there right now
but why folks why if it's not jobs if
it's not congress if it's not the debt
ceiling what is it i'll tell you exactly
what it is out of the entire list we
have
it is
fear of the interest rate increase
fear that jerome powell has become a
hawk you want to know why there's a fear
of that it's because of what happened at
the end of 2018 which if you've been a
loyal subscriber since the end of 2018
you already know what happened at the
end of 2018 because you know
i was making videos in may of 2018
saying folks the real estate market is
starting to tank and it did it fell 12
in a matter of two months why because
interest rates skyrocketed
then after interest rates skyrocketed
towards the end of the year as jerome
powell stayed strong
with his interest rate increases
although he stopped raising rates
further he stabilized stopped raising
rates further he stopped and he's like
okay we're going to take a pause here
guess what
the stock market fell
but how much and this is the really
important part okay listen to this the s
p 500 has not had a sell-off of more
than six percent since march of 2020. we
have been on a straight path of nothing
but cheap money free money debt
galore people going nuts into margin we
are at the highest levels ever right now
of finra margin literally the highest
levels of finra margin debt just google
that one funeral margin net
this data just came out like a week ago
we are at the highest level let's look
at that we are nearly 1 trillion dollars
in margin debt we have never been at
these high of levels in march of 2020 or
i should say right before march of 2020
so january of 2020 we're at 561 billion
dollars now we're almost twice that you
gotta be kidding me this is a lot of
freaking debt people are gonna be losing
their minds if they haven't been
listening to this channel for the past
month and and if you're not just a title
reader like if you actually watch the
videos you will nod your head when i say
i have been nervous i have been feeling
too much euphoria in this market i have
said a million times get out of freaking
margin
okay hopefully you did hopefully you
have and we're going to talk about
strategies in just a moment in case you
haven't but how bad can it get and and
look i don't want to be like
fear-mongery or whatever here the market
could literally just rebound on monday
we could have a massive big buy the dip
and everything rebounds on monday but i
just these are the times that we want to
remember
when we're going to talk strategy again
as to what to do but these are the times
to remember how bad things can get okay
let's just look at how bad things can
get
so what we're going to do is we're going
to go all the way back to the end of
2018
we're going to look at the 2018 dip
which was right
over
here
there it is this is the end of 2018 dip
we hit a high of
293. and we fell to 233 that's just over
20 percent and look at this for us to
recover
from december it took until about
february to
march to fully recover
so it took a good three to four months
to recover depending on where you
measure from some folks say the dip
really started in october and the
october dip didn't actually end until
april which is a six month
decline on the s p 500 or or six month
process for where half of it declined
and the other half it recovered right
so there are serious uh beliefs that and
i think this is the biggest fear that
jerome powell becoming hawkish which i
think is totally bullcrap i think joe
biden pushed him to be hawkish so joe
biden could in my opinion and this
doesn't matter if you're a democrat or
republican i'd say it either way uh in
my opinion selfishly is telling jerome
powell you need to sound like a hawk
because i need to get my build back
better plan done and by doing that he
has encouraged jerome powell to well a
john paul was able to keep his job but b
jerome powell is able now to say all
right we're going to retire the word
transitory uh yeah
we're gonna consider tapering a little
faster
okay
look folks let's be real
i think i've been very crystal clear on
this channel i believe that inflection
or inflation would inflict down at the
end of this year i was wrong about that
i did not say inflation would disappear
but i did say that inflation would
inflict
down
that has not happened yet but it will it
will inflation will go away in my
opinion within with two years we'll have
another two years probably of inflation
by by 2024 we're going to see lower
rates and we're going to see potentially
falling prices that's deflationary right
but between now and then
we're we have this market where i think
the market is going to be very
excessively fearful of the fed and
they're going to look back at 2018
they're going to go dang i need to be a
little bit more protective maybe i need
to short the market maybe i need to take
some profits and profit taking i think
is going to happen on steroids in this
kind of market why because stock
valuations are at record highs and it
makes no sense for people not to look at
their portfolio and go well dang if i
could get out with a double
why not get out with the double now and
then maybe just buy the diplock later
and if it doesn't if i don't get a
continued dip later who cares i made a
lot of money
i think that's what's happening in this
market so
i think we have a lot of profit or loss
taking to avert further loss because of
the interest rate fear
the interest rate fear is strengthening
such that ironically the 10-year
treasury these are long-dated bonds
are actually falling and this is
something that happens when when the
market thinks that long-term inflation
is going to be very very low
which is defined by 10 to 30 years you
see these bonds falling let's see what
the two year is doing okay i have not
looked this up yet i'm doing a little
bit of a guess here together uh let's
see what the trend is of the two okay so
it's tiny little bit down right now but
look at the trend over the last month
folks you see that two-year trend oh no
you can't no now you can look at that
two-year trend
it's straight up the two-year is
straight up that's because we expect
higher rates in the short term but we
actually expect deflation or maybe not
necessarily deflation but we expect
lower rates in the long term that's the
10 year from britain we don't want that
we want the united states 10-year there
we go and over the last month you'll see
the decline so we're going to go to a
month look at that
decline right here this is where we had
some fear that maybe jerome powell was
going to be uh more dovish right this is
where we thought that we were actually
going to get brainerd who is more dovish
than powell so rates actually went up
when powell turned into a hawk
they plummeted
it makes sense it all makes sense the
problem now is what's the strategy how
do you invest now and what do you do
first of all i revealed a lot of things
to course members this morning
i revealed a substantial move in my
portfolio a huge move in my portfolio i
revealed
new business opportunities that i have
coming up and some massive new plans and
purchases that i'm making huge ones and
i'm going to keep those in fairness a
secret to
my loyal course members they will always
be uh first uh to to take advantage of
any kind of information that i have
that's just the way it works you pay
once and you are forever a meet kevin
supporter and course member i highly
encourage you check that out use the
cyber monday code
it's not going to get cheaper like there
will never be a point it will be cheaper
in the future so check that out
link below and also make sure to go to
meckkevin.com streamyard because it's a
really good streaming platform so if you
want a youtube if you want to make a
youtube channel and you want to stream
or whatever check that out
but for right now we got to talk
strategy
okay so the strategy right now
is that we've got to talk about
what to do in this sort of market
all right so here's the thing
this is the kind of market
where you should look at your portfolio
and you don't want to become a
paper-handed weenie baby right
nobody wants to do that
crazy market here's what you want to do
you got to look at your portfolio and
you got to ask yourself what do you need
over the next
three to six months
and what do you need compared to uh or
what do you have compared to your
portfolio so for example uh we talked
about this in the course member live
stream
if you are buying a house in the next
three months
and you've got some profitable options
or some things you can close out
maybe maybe take that cash and preserve
it so you don't miss out on your
opportunity you don't want to miss out
on buying a home just because the market
shifted right
if you are in a situation where you do
not need the cash for the next six
months and maybe you even have cash
available because you started selling
this is in my opinion a time to buy the
dip
maybe not necessarily on all things and
and potentially you want to wait for a
bounce which i will be buying the dip as
well
at some point here the volatility index
has already declined a little bit
intraday we were as high as 24
we've come down we're sitting at 18
right now so things are calming down a
little bit probably means the spy is
rotating slightly up again a little bit
if we go to the minute chart probably
see a little bit of a hockey stick here
yep a little bit of a hockey stick so
things are calming down a little bit
again but that doesn't mean we can't
continue to go up look at the volatility
in mixed folks the volatility index is
the highest that we have been since
february of 2021 uh and and really a lot
of this was because of the game stop
crisis so you should really be going
back to the volatility of right before
the election of 2020. that was a great
time to buy if you could just go back
and buy stocks solely when these peaks
are it's a great time to do it the
question is how long is this going to
last because we could get this kind of
peak up here and then you could continue
to peek up pick up pick up and the
volatility can just keep going
now i don't think so i don't want to
come across as like a fear-monger but
that's literally kind of what we've been
doing here is we've been peaking up up
up up up up so uh but again right now it
does feel we seem to be falling at the
very moment that i'm recording this
about about 17
so the way i would approach this market
is
if i need cash i would raise that cash
right now
if i and it's not financial advice of
course if i do not need the cash and i
have the opportunity to buy the dip let
me tell you what i'll be buying the dip
at all right let's go
so first of all
first recommendation not financial
advice
i'm looking at sofi close to 1471. i
like this okay i like end phase under
200. i've regularly said that i like end
face under 200 you're not paying that
much of a premium on in phase right now
to get it at 218. i like etsy under 225
you're not paying that much of a premium
on etsy at 229 right now i would stay
away from the chinese stocks especially
with the ddd listing
let's see what else we've got here hood
i really believe that hood is primed for
a massive
u-turn
but it's going to fall with the market
for now especially software stocks
understand this
docusign does not have
on a three and a half percent miss on
billings or two and a half percent miss
on guidance you guidance you do not have
your stock because of that
docusign falling like this is the pure
definition of the market finally
realizing that bloomberg which i
reported three weeks ago was right
software evaluations will compress
valuations across the board will
compress we are going to see valuation
compression and it's probably because of
interest rate fears now hopefully we buy
the dip we go back to the moon next week
but that doesn't mean you shouldn't
raise the cash that you might need over
the next six months for a real estate
purchase a business opportunity some
other opportunity
once you have that clear
use the rest of your money available
divided it
that's my belief
and i like the prices where a lot of
these things are right now i like that
we're getting matterport under 25 again
i like that i think that's actually
healthy i like adobe falling 10
let me look at cloudflare that's another
one that i've been trying to get in on
uh cloudflare look at that 161. it's
only 161 i thought it was going gonna
fall more than that uh snowflakes down
about four percent what else do we have
here look at the upside what's up
volatility marvel
uh take two big deal costco big deal
there's like virtually nothing up uh
let's see fully here
very few things are up look at this
flight to safety folks
fedex and att
this is a flight to safety alma cro kron
is certainly having an impact here as
well
uh
you know home depot hello fresh
starbucks these these guys are all
barely down but uh i i would be hunting
and right now anything with a higher
valuation whether it's crispr
therapeutics whether it's momentum
whether it's a spec is getting whacked
that's the way it is right now even
tesla down six percent bitcoin down at
53 000 breaking the lower supports a
firm down at 107.
these are really great prices
but i just want to be crystal clear
they can continue to go down and so i
highly encourage
raising capital that you might need
solely for necessities
but if you have no necessities you've
listened to this channel over the last
two months and you've raised cash you've
taken profits on things and you've
raised cash
take the extra money and look for ops
buying up buying up buying up buying not
buying up that's the way i'd be acting
right now
so with that said i wish you sincerely
the best i love all of you i will never
be leaving youtube i'm not effin leaving
the business opportunities that i have
if you want to be involved in those go
to medkevin.com cashflow if you want
first dibs at them make sure you are
part of the courses use uh the coupon
code down below for cyber monday week
the code cyber monday
and with that said thank you so much for
being a serious supporter of the channel
i honestly hate the fact that i'm going
on vacation right now
uh because i feel like this is the time
that i'm most needed so i know i might
have to do some iphone videos we'll see
but folks i'll see you in the next one
thank you so much goodbye
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