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TRANSCRIPTEnglish

An URGENT Warning for Investors

21m 7s3,998 words615 segmentsEnglish

FULL TRANSCRIPT

0:00

hey everyone meet kevin here this video

0:01

is going to replace my market closing

0:02

livestream as i have to hop on a plane

0:04

very shortly because i'm going on

0:06

vacation

0:08

unfortunately i am also going on

0:09

vacation right after dying my hair red

0:12

and the market beginning to crash

0:14

however we do have life insurance we can

0:16

get in as little as five minutes by

0:17

going to mkevin.com life you can get a

0:19

beautiful live streaming software called

0:22

stream yard by going to medkevin.com

0:24

streamyard

0:26

excellent platform way better than

0:27

streamlabs and of course you can take

0:30

advantage of the cyber monday week

0:32

coupon code link down below which does

0:34

expire tonight now i hate saying that

0:37

because i know people like kevin it's

0:38

always explained the price does go up

0:40

over time so we did raise the price

0:42

after black friday we're going to raise

0:43

the price after this week and then we're

0:44

going to be done with sales for a while

0:46

so no more course pitches for a while

0:48

okay but here's that last opportunity

0:50

now let's talk about what the he double

0:52

hockey sticks is going on in the market

0:54

after i talk about what's going on the

0:55

market i'm going to talk about my

0:57

recommendation

0:58

as hashtag not financial advice

1:01

now

1:02

let's get into this

1:03

first

1:04

we have multiple catalysts for december

1:08

we know that i've been selling a lot

1:11

over the past month i've been selling

1:14

around i've raised about five to six

1:16

million dollars in cash over the last

1:18

month

1:18

however here's the problem with trying

1:20

to time the market i'm going to be very

1:22

very transparent here okay

1:23

i expected an end of the year rally i

1:26

bought a bunch of options the end of the

1:27

year rally came i made attendees on a

1:31

lot of those not on everything but i did

1:33

really well on a lot of things

1:35

then i started selling and then i

1:37

started selling shares at some of the

1:38

peak pq4y that we had unfortunately

1:41

i started buying back in

1:43

and just the first signs of the dip over

1:46

the last couple days

1:47

that was a mistake

1:48

i made a mistake i failed

1:50

i took about 30 percent of the cash that

1:52

i raised and started buying too early

1:55

now the market is selling off more

1:58

and the question is where's the bottom

2:00

well folks i'm going to tell you where

2:02

the bottom is and it's not beautiful i'm

2:04

going to tell you that in just a moment

2:06

first i want to go through the fear

2:07

catalysts that we have right now and i

2:10

want to specifically highlight which one

2:12

i think is the most

2:13

fear-inducing

2:16

first we had a few catalysts that

2:18

congress would not extend the budget

2:21

they did the market didn't care

2:23

literally nothing happened the market

2:25

just did not move why because we get the

2:28

game now congress sucks at their job

2:31

their weenie baby pansy

2:34

so cross that off the list

2:36

nothing happened nothing burger okay

2:39

next the jobs report came in today it

2:42

actually came in

2:43

in my opinion the best case scenario it

2:46

proved that wages were not going up at

2:50

incredibly fast paces as an aggregate

2:53

average i know that wages are going up

2:55

in a lot of places but as an aggregate

2:56

average we're not seeing a wage price

2:59

spiral this reiterates the long-term

3:01

thesis that we are not in a long-term

3:03

inflationary trend we went up on an

3:05

average of three percent at an

3:07

annualized rate now looking back a year

3:10

we're up four point eight percent but at

3:12

an annualized rate our inflation in the

3:14

last month for jobs was only three

3:16

percent

3:17

that's low three percent i mean i

3:19

suppose historically is still high but

3:20

it was certainly well below estimates

3:22

substantially below estimates

3:25

and we were worried that what if jobs

3:27

come in super hot what if we come in

3:29

with six seven hundred thousand jobs

3:30

jerome powell's gonna wake up and go oh

3:32

crap let's taper more right now screw it

3:36

screw waiting for the meeting we'll

3:37

taper now

3:38

no

3:39

we missed

3:41

substantially because the market is not

3:43

overly hot

3:45

the market is recovering

3:48

but i think we are on a strong

3:49

trajectory but certainly not an

3:51

overheating market where we have to

3:53

worry about

3:55

fears of hyper

3:57

activity in the market the fed's going

3:59

to come out and crash the market by

4:01

raising rates substantially and very

4:03

very quickly

4:04

if anything today's jobs report is more

4:07

reminiscent of potentially what's

4:08

happening in brazil

4:10

in brazil you have 10 inflation

4:13

you had negative gdp growth last quarter

4:17

and you have

4:19

flat to slightly negative gdp growth

4:21

thus far this quarter two quarters in a

4:24

row of negative gdp growth guess what

4:25

you're in folks the r word you're in

4:28

recession that's brazil it's not america

4:30

we're still growing we're growing slower

4:32

though but anyway

4:33

jobs report if anything

4:36

while it was good that we're not

4:38

overheating it was potentially too far

4:41

to the good side to where it became bad

4:43

towards the deflationary side

4:45

cpi coming out on december 10th

4:48

whatever we know there's going to be

4:49

some inflation right now

4:51

we know that

4:53

a lot of stocks have run to euphoric

4:55

highs

4:56

matterport and face etsy there's a

4:58

reason i've been trimming some of these

4:59

i trimmed some tesla i trimmed some etsy

5:01

i trimmed some end face trimmed

5:03

now the problem is and this is why it's

5:05

so freaking hard to time the market but

5:07

it's it's you see the intuition okay the

5:10

pattern of intuition

5:12

i sold i sold i trimmed these stocks

5:16

i wish i trimmed more for example i sold

5:19

a bunch of shares of etsy like 1500 1000

5:21

or 1500 or whatever of etsy i wish i

5:24

just sold everything at 280 but i didn't

5:27

i was diamond handling the rest you know

5:29

i took a little bit of money to build up

5:30

a little bit cash and i diamond hand to

5:31

the rest so i don't like to trade the

5:33

whole portfolio because it's difficult

5:35

to re-time your buy it's kind of like

5:37

yesterday i'm the numbskull who's

5:39

thinking oh we've had a nice dip i'm

5:42

gonna nibble and i made it very clear

5:43

that this was just nibbling i'm gonna do

5:45

little nibbles on like nvidia and affirm

5:47

and and whatever

5:50

look at today

5:51

disaster

5:52

look at sofi folks okay this was freaky

5:55

you want to see sofi watch this folks

5:57

this is insane okay i'm always talking

6:00

about how important support and

6:01

resistance lines are and the long-term

6:03

investors are like yeah whatever look i

6:05

have tweeted about sofi having a support

6:08

line at 1471.

6:11

look at the minute chart today folks oh

6:13

why did it go dark i have no idea why it

6:15

went dark there it is

6:16

look at that

6:17

how weird is that that is basically a

6:20

solid bounce off of the line that i've

6:22

had drawn

6:23

for months

6:25

look at this decline that we're seeing

6:27

here okay there's a lot of pain out

6:29

there right now

6:31

but why folks why if it's not jobs if

6:34

it's not congress if it's not the debt

6:36

ceiling what is it i'll tell you exactly

6:38

what it is out of the entire list we

6:40

have

6:41

it is

6:43

fear of the interest rate increase

6:45

fear that jerome powell has become a

6:47

hawk you want to know why there's a fear

6:49

of that it's because of what happened at

6:50

the end of 2018 which if you've been a

6:52

loyal subscriber since the end of 2018

6:55

you already know what happened at the

6:56

end of 2018 because you know

6:58

i was making videos in may of 2018

7:02

saying folks the real estate market is

7:04

starting to tank and it did it fell 12

7:07

in a matter of two months why because

7:09

interest rates skyrocketed

7:12

then after interest rates skyrocketed

7:13

towards the end of the year as jerome

7:15

powell stayed strong

7:17

with his interest rate increases

7:18

although he stopped raising rates

7:20

further he stabilized stopped raising

7:21

rates further he stopped and he's like

7:23

okay we're going to take a pause here

7:24

guess what

7:26

the stock market fell

7:28

but how much and this is the really

7:30

important part okay listen to this the s

7:32

p 500 has not had a sell-off of more

7:34

than six percent since march of 2020. we

7:38

have been on a straight path of nothing

7:40

but cheap money free money debt

7:45

galore people going nuts into margin we

7:47

are at the highest levels ever right now

7:51

of finra margin literally the highest

7:54

levels of finra margin debt just google

7:56

that one funeral margin net

7:58

this data just came out like a week ago

8:01

we are at the highest level let's look

8:02

at that we are nearly 1 trillion dollars

8:05

in margin debt we have never been at

8:07

these high of levels in march of 2020 or

8:09

i should say right before march of 2020

8:11

so january of 2020 we're at 561 billion

8:15

dollars now we're almost twice that you

8:17

gotta be kidding me this is a lot of

8:18

freaking debt people are gonna be losing

8:19

their minds if they haven't been

8:21

listening to this channel for the past

8:22

month and and if you're not just a title

8:25

reader like if you actually watch the

8:26

videos you will nod your head when i say

8:29

i have been nervous i have been feeling

8:31

too much euphoria in this market i have

8:33

said a million times get out of freaking

8:35

margin

8:36

okay hopefully you did hopefully you

8:38

have and we're going to talk about

8:39

strategies in just a moment in case you

8:40

haven't but how bad can it get and and

8:44

look i don't want to be like

8:45

fear-mongery or whatever here the market

8:47

could literally just rebound on monday

8:49

we could have a massive big buy the dip

8:52

and everything rebounds on monday but i

8:53

just these are the times that we want to

8:56

remember

8:56

when we're going to talk strategy again

8:58

as to what to do but these are the times

8:59

to remember how bad things can get okay

9:01

let's just look at how bad things can

9:02

get

9:03

so what we're going to do is we're going

9:05

to go all the way back to the end of

9:07

2018

9:09

we're going to look at the 2018 dip

9:11

which was right

9:13

over

9:15

here

9:16

there it is this is the end of 2018 dip

9:19

we hit a high of

9:20

293. and we fell to 233 that's just over

9:24

20 percent and look at this for us to

9:28

recover

9:29

from december it took until about

9:32

february to

9:34

march to fully recover

9:36

so it took a good three to four months

9:39

to recover depending on where you

9:41

measure from some folks say the dip

9:42

really started in october and the

9:45

october dip didn't actually end until

9:47

april which is a six month

9:50

decline on the s p 500 or or six month

9:53

process for where half of it declined

9:55

and the other half it recovered right

9:57

so there are serious uh beliefs that and

10:01

i think this is the biggest fear that

10:03

jerome powell becoming hawkish which i

10:05

think is totally bullcrap i think joe

10:06

biden pushed him to be hawkish so joe

10:08

biden could in my opinion and this

10:10

doesn't matter if you're a democrat or

10:11

republican i'd say it either way uh in

10:13

my opinion selfishly is telling jerome

10:15

powell you need to sound like a hawk

10:17

because i need to get my build back

10:19

better plan done and by doing that he

10:21

has encouraged jerome powell to well a

10:24

john paul was able to keep his job but b

10:26

jerome powell is able now to say all

10:28

right we're going to retire the word

10:29

transitory uh yeah

10:31

we're gonna consider tapering a little

10:33

faster

10:34

okay

10:35

look folks let's be real

10:37

i think i've been very crystal clear on

10:38

this channel i believe that inflection

10:41

or inflation would inflict down at the

10:44

end of this year i was wrong about that

10:45

i did not say inflation would disappear

10:47

but i did say that inflation would

10:49

inflict

10:50

down

10:51

that has not happened yet but it will it

10:53

will inflation will go away in my

10:56

opinion within with two years we'll have

10:58

another two years probably of inflation

10:59

by by 2024 we're going to see lower

11:02

rates and we're going to see potentially

11:03

falling prices that's deflationary right

11:06

but between now and then

11:08

we're we have this market where i think

11:10

the market is going to be very

11:12

excessively fearful of the fed and

11:15

they're going to look back at 2018

11:17

they're going to go dang i need to be a

11:19

little bit more protective maybe i need

11:20

to short the market maybe i need to take

11:21

some profits and profit taking i think

11:24

is going to happen on steroids in this

11:26

kind of market why because stock

11:28

valuations are at record highs and it

11:30

makes no sense for people not to look at

11:32

their portfolio and go well dang if i

11:34

could get out with a double

11:36

why not get out with the double now and

11:37

then maybe just buy the diplock later

11:39

and if it doesn't if i don't get a

11:41

continued dip later who cares i made a

11:44

lot of money

11:46

i think that's what's happening in this

11:47

market so

11:49

i think we have a lot of profit or loss

11:51

taking to avert further loss because of

11:53

the interest rate fear

11:55

the interest rate fear is strengthening

11:58

such that ironically the 10-year

12:00

treasury these are long-dated bonds

12:03

are actually falling and this is

12:04

something that happens when when the

12:06

market thinks that long-term inflation

12:08

is going to be very very low

12:10

which is defined by 10 to 30 years you

12:13

see these bonds falling let's see what

12:15

the two year is doing okay i have not

12:17

looked this up yet i'm doing a little

12:19

bit of a guess here together uh let's

12:21

see what the trend is of the two okay so

12:24

it's tiny little bit down right now but

12:27

look at the trend over the last month

12:28

folks you see that two-year trend oh no

12:30

you can't no now you can look at that

12:32

two-year trend

12:33

it's straight up the two-year is

12:35

straight up that's because we expect

12:37

higher rates in the short term but we

12:39

actually expect deflation or maybe not

12:41

necessarily deflation but we expect

12:44

lower rates in the long term that's the

12:45

10 year from britain we don't want that

12:48

we want the united states 10-year there

12:50

we go and over the last month you'll see

12:52

the decline so we're going to go to a

12:53

month look at that

12:55

decline right here this is where we had

12:57

some fear that maybe jerome powell was

12:58

going to be uh more dovish right this is

13:01

where we thought that we were actually

13:02

going to get brainerd who is more dovish

13:04

than powell so rates actually went up

13:07

when powell turned into a hawk

13:09

they plummeted

13:11

it makes sense it all makes sense the

13:14

problem now is what's the strategy how

13:16

do you invest now and what do you do

13:19

first of all i revealed a lot of things

13:21

to course members this morning

13:23

i revealed a substantial move in my

13:25

portfolio a huge move in my portfolio i

13:28

revealed

13:29

new business opportunities that i have

13:32

coming up and some massive new plans and

13:34

purchases that i'm making huge ones and

13:36

i'm going to keep those in fairness a

13:38

secret to

13:40

my loyal course members they will always

13:42

be uh first uh to to take advantage of

13:45

any kind of information that i have

13:46

that's just the way it works you pay

13:48

once and you are forever a meet kevin

13:51

supporter and course member i highly

13:53

encourage you check that out use the

13:54

cyber monday code

13:56

it's not going to get cheaper like there

13:57

will never be a point it will be cheaper

13:59

in the future so check that out

14:01

link below and also make sure to go to

14:03

meckkevin.com streamyard because it's a

14:05

really good streaming platform so if you

14:06

want a youtube if you want to make a

14:07

youtube channel and you want to stream

14:08

or whatever check that out

14:10

but for right now we got to talk

14:12

strategy

14:14

okay so the strategy right now

14:16

is that we've got to talk about

14:19

what to do in this sort of market

14:21

all right so here's the thing

14:24

this is the kind of market

14:27

where you should look at your portfolio

14:29

and you don't want to become a

14:30

paper-handed weenie baby right

14:33

nobody wants to do that

14:40

crazy market here's what you want to do

14:42

you got to look at your portfolio and

14:44

you got to ask yourself what do you need

14:46

over the next

14:48

three to six months

14:50

and what do you need compared to uh or

14:53

what do you have compared to your

14:54

portfolio so for example uh we talked

14:56

about this in the course member live

14:57

stream

14:58

if you are buying a house in the next

15:00

three months

15:01

and you've got some profitable options

15:02

or some things you can close out

15:05

maybe maybe take that cash and preserve

15:07

it so you don't miss out on your

15:09

opportunity you don't want to miss out

15:10

on buying a home just because the market

15:12

shifted right

15:14

if you are in a situation where you do

15:17

not need the cash for the next six

15:18

months and maybe you even have cash

15:20

available because you started selling

15:22

this is in my opinion a time to buy the

15:23

dip

15:25

maybe not necessarily on all things and

15:27

and potentially you want to wait for a

15:28

bounce which i will be buying the dip as

15:31

well

15:32

at some point here the volatility index

15:34

has already declined a little bit

15:35

intraday we were as high as 24

15:38

we've come down we're sitting at 18

15:40

right now so things are calming down a

15:42

little bit probably means the spy is

15:43

rotating slightly up again a little bit

15:46

if we go to the minute chart probably

15:48

see a little bit of a hockey stick here

15:49

yep a little bit of a hockey stick so

15:51

things are calming down a little bit

15:52

again but that doesn't mean we can't

15:54

continue to go up look at the volatility

15:56

in mixed folks the volatility index is

15:58

the highest that we have been since

15:59

february of 2021 uh and and really a lot

16:03

of this was because of the game stop

16:04

crisis so you should really be going

16:06

back to the volatility of right before

16:08

the election of 2020. that was a great

16:10

time to buy if you could just go back

16:12

and buy stocks solely when these peaks

16:14

are it's a great time to do it the

16:16

question is how long is this going to

16:18

last because we could get this kind of

16:20

peak up here and then you could continue

16:21

to peek up pick up pick up and the

16:23

volatility can just keep going

16:25

now i don't think so i don't want to

16:26

come across as like a fear-monger but

16:28

that's literally kind of what we've been

16:29

doing here is we've been peaking up up

16:30

up up up up so uh but again right now it

16:33

does feel we seem to be falling at the

16:35

very moment that i'm recording this

16:36

about about 17

16:38

so the way i would approach this market

16:40

is

16:41

if i need cash i would raise that cash

16:44

right now

16:45

if i and it's not financial advice of

16:46

course if i do not need the cash and i

16:50

have the opportunity to buy the dip let

16:52

me tell you what i'll be buying the dip

16:53

at all right let's go

16:55

so first of all

16:57

first recommendation not financial

16:59

advice

17:00

i'm looking at sofi close to 1471. i

17:03

like this okay i like end phase under

17:07

200. i've regularly said that i like end

17:09

face under 200 you're not paying that

17:12

much of a premium on in phase right now

17:14

to get it at 218. i like etsy under 225

17:19

you're not paying that much of a premium

17:21

on etsy at 229 right now i would stay

17:24

away from the chinese stocks especially

17:26

with the ddd listing

17:29

let's see what else we've got here hood

17:31

i really believe that hood is primed for

17:34

a massive

17:35

u-turn

17:38

but it's going to fall with the market

17:40

for now especially software stocks

17:42

understand this

17:44

docusign does not have

17:47

on a three and a half percent miss on

17:49

billings or two and a half percent miss

17:51

on guidance you guidance you do not have

17:54

your stock because of that

17:56

docusign falling like this is the pure

17:59

definition of the market finally

18:01

realizing that bloomberg which i

18:02

reported three weeks ago was right

18:05

software evaluations will compress

18:08

valuations across the board will

18:10

compress we are going to see valuation

18:12

compression and it's probably because of

18:14

interest rate fears now hopefully we buy

18:17

the dip we go back to the moon next week

18:20

but that doesn't mean you shouldn't

18:21

raise the cash that you might need over

18:23

the next six months for a real estate

18:25

purchase a business opportunity some

18:27

other opportunity

18:29

once you have that clear

18:31

use the rest of your money available

18:32

divided it

18:34

that's my belief

18:35

and i like the prices where a lot of

18:37

these things are right now i like that

18:39

we're getting matterport under 25 again

18:42

i like that i think that's actually

18:44

healthy i like adobe falling 10

18:48

let me look at cloudflare that's another

18:49

one that i've been trying to get in on

18:51

uh cloudflare look at that 161. it's

18:53

only 161 i thought it was going gonna

18:55

fall more than that uh snowflakes down

18:57

about four percent what else do we have

18:58

here look at the upside what's up

19:00

volatility marvel

19:02

uh take two big deal costco big deal

19:05

there's like virtually nothing up uh

19:08

let's see fully here

19:10

very few things are up look at this

19:12

flight to safety folks

19:13

fedex and att

19:16

this is a flight to safety alma cro kron

19:18

is certainly having an impact here as

19:20

well

19:20

uh

19:21

you know home depot hello fresh

19:23

starbucks these these guys are all

19:24

barely down but uh i i would be hunting

19:28

and right now anything with a higher

19:30

valuation whether it's crispr

19:32

therapeutics whether it's momentum

19:34

whether it's a spec is getting whacked

19:37

that's the way it is right now even

19:39

tesla down six percent bitcoin down at

19:41

53 000 breaking the lower supports a

19:45

firm down at 107.

19:48

these are really great prices

19:51

but i just want to be crystal clear

19:53

they can continue to go down and so i

19:55

highly encourage

19:57

raising capital that you might need

19:59

solely for necessities

20:01

but if you have no necessities you've

20:03

listened to this channel over the last

20:05

two months and you've raised cash you've

20:07

taken profits on things and you've

20:09

raised cash

20:11

take the extra money and look for ops

20:14

buying up buying up buying up buying not

20:16

buying up that's the way i'd be acting

20:17

right now

20:19

so with that said i wish you sincerely

20:22

the best i love all of you i will never

20:27

be leaving youtube i'm not effin leaving

20:30

the business opportunities that i have

20:32

if you want to be involved in those go

20:34

to medkevin.com cashflow if you want

20:37

first dibs at them make sure you are

20:39

part of the courses use uh the coupon

20:42

code down below for cyber monday week

20:44

the code cyber monday

20:46

and with that said thank you so much for

20:48

being a serious supporter of the channel

20:50

i honestly hate the fact that i'm going

20:52

on vacation right now

20:54

uh because i feel like this is the time

20:56

that i'm most needed so i know i might

20:58

have to do some iphone videos we'll see

21:00

but folks i'll see you in the next one

21:02

thank you so much goodbye

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