STOCK MARKET CRASH - Explained! Sell or Buy?

Summary

The speaker discusses the recent market downturn, noting their portfolio's 6% loss compared to the market's 12%, and emphasizes the Federal Reserve's ineffective handling of the situation. They express skepticism about the market's expectation of a 50 basis point rate cut and highlight the potential for market manipulation. The speaker advises against panic selling, recommends dollar-cost averaging, and suggests that the current situation is a 'growth scare.' They also touch on the challenges faced by retail stocks like Starbucks and Nike, advocating for investment in high-quality tech stocks and marketplaces like Amazon, rather than individual brands.

Takeaways

• 📉 The speaker's portfolio is down 6% this month, outperforming the market which is down around 12% on QQQ.
• 🤔 The Federal Reserve (FED) is not managing the market well, and the market is pricing in a 50 basis point rate cut that the speaker doubts will happen.
• 💡 The speaker believes there is market manipulation with the CPI, as certain items are being removed to make inflation appear lower than it is.
• 📈 Despite market downturns, the speaker is focusing on long-term gains and is not selling, instead practicing dollar-cost averaging.
• 🍎 The speaker is bullish on Apple, despite Warren Buffett cutting his stake, due to Apple's strong earnings.
• 🛑 The speaker warns against the herd mentality in the market, suggesting that institutional investors' actions can trigger unwarranted panic.
• 📊 The VIX is high, indicating market anxiety, but the speaker expects it to decrease and advises against selling options at these levels.
• 🏪 Retail stocks like Starbucks and Nike are struggling, with same-store sales declining, suggesting a shift away from traditional retail.
• 🚀 The speaker sees opportunities in the current market conditions, advising to invest in high-quality companies rather than panic selling.
• 💼 The speaker's success in options trading has led to a preference for not holding cash, aiming to outperform the market consistently.
• 🔮 Tom Lee's perspective is valued by the speaker, who believes the current market downturn is a 'growth scare' that will pass.

Q & A

How has the speaker's portfolio performed compared to the market in the past month?

The speaker's portfolio has performed relatively well compared to the market, being down 6% while the market, specifically the QQQ, is down approximately 12%.

What is the speaker's opinion on the Federal Reserve's handling of the market situation?

The speaker believes that the Federal Reserve is not doing a good job and is failing to stabilize the market. They suggest the Fed might be contributing to a potential market collapse before taking effective action.

What does the speaker think about the market's expectation of a 50 basis point rate cut?

The speaker does not personally believe that a 50 basis point rate cut will happen, stating that the market is currently pricing in this expectation, which they consider to be ridiculous.

What is the speaker's view on the current state of inflation?

The speaker suggests that while there are claims that inflation has eased, they believe that there is manipulation of the CPI and that real estate prices and fuel costs are not actually decreasing as much as reported.

Why does the speaker believe that rate cuts might favor Democrats in an election year?

The speaker implies that rate cuts could stimulate the economy and potentially sway voter sentiment in favor of Democrats, as they may be seen as benefiting from an improved economic situation.

What investment strategy is the speaker currently employing despite market losses?

The speaker is using dollar-cost averaging and is not panicking or stressed about the market losses. They are making smart decisions and not rushing to sell off their investments.

What was the speaker's reaction to Warren Buffett's decision to cut his stake in Apple?

The speaker found it alarming that Warren Buffett reduced his stake in Apple by about 50%, interpreting it as him pricing in a significant market crash due to Berkshire Hathaway holding a lot of cash.

What does the speaker think about holding cash in a portfolio?

The speaker disagrees with Warren Buffett's strategy of holding cash, stating that they have had success without holding any cash in their portfolio and see the current market conditions as an opportunity.

What is the speaker's stance on timing the market and the advice they give to their audience?

The speaker advises against timing the market and emphasizes the importance of long-term results. They believe that market pullbacks are times to buy and that trying to time the market is not a wise strategy.

What does the speaker suggest about the market's behavior and investor psychology during times of downturn?

The speaker suggests that the market is currently influenced by herd behavior and psychology, where institutional investors may lead the way in selling, causing others to follow suit without necessarily having insider information.

What advice does the speaker give regarding investment in retail stocks like Starbucks and Nike?

The speaker advises against investing in retail stocks like Starbucks and Nike, citing issues such as same-store sales going down and increased competition from small businesses and online marketplaces.

What is the speaker's outlook on the market and their personal investment strategy?

The speaker believes that the current situation is a 'growth scare' and maintains a bullish outlook. They are not panicking and are continuing to invest in what they believe are high-quality companies, particularly those that are not directly tied to the retail sector.

Outlines

00:00

📉 Market Downturn and Investment Strategies

The speaker discusses the current market downturn, comparing their 6% loss to the market's 12% loss on QQQ, and emphasizes the importance of investing in the right stocks despite market volatility. They critique the Federal Reserve's handling of the situation, suggesting that their actions are exacerbating the problem. The speaker also touches on the topic of inflation, questioning the accuracy of the reported CPI and suggesting that there may be market manipulation at play. They highlight the political implications of potential rate cuts and express their own investment strategy of dollar-cost averaging without panic, even amidst significant market losses.

05:00

🤔 Navigating Market Anxiety with Quality Investments

The speaker addresses the fear and uncertainty in the market, advocating for a calm approach and investment in high-quality companies. They share their own portfolio performance, noting that while they are down, they have outperformed the market. They mention specific stocks and sectors, such as Chipotle, American Airlines, oil and gas ETFs, and tech stocks like Apple, which they remain bullish on despite market conditions. The speaker also discusses market herd behavior and emphasizes the importance of not panicking, drawing on their own experiences and education in finance to support their perspective.

10:01

📈 Embracing Market Volatility for Long-Term Gains

The speaker provides a personal perspective on market volatility, expressing excitement at the opportunity to buy more stocks at lower prices. They discuss the importance of having a long-term outlook, referencing Warren Buffett's strategy and expressing disagreement with holding large amounts of cash. The speaker also mentions the influence of political factors on market decisions, particularly in an election year, and shares their thoughts on various market analysts, favoring Tom Lee's insights. They predict a market recovery and advise against selling off positions, advocating for a 'perma-bull' stance.

15:01

🛑 Avoiding Retail Stocks Amid Market Shifts

The speaker warns against investing in retail stocks like Starbucks and Nike, citing declining same-store sales as a significant red flag. They suggest that the market is currently favoring small businesses over big brands, which could be detrimental to established retail companies. The speaker also discusses the broader implications of employment trends, suggesting that people are leaving traditional jobs for entrepreneurial ventures. They highlight the importance of investing in marketplaces rather than individual brands, using Amazon as an example of a successful marketplace model.

Keywords

💡Market Dump

A market dump refers to a sharp decline in the value of stocks or the overall market. In the video, the speaker mentions the market has 'absolutely dumped,' indicating a significant downturn. The speaker's portfolio has also been affected, being down 6% in comparison to the market's 12% drop, showcasing the impact of the market dump on individual investments.

💡FED (Federal Reserve)

The Federal Reserve, often referred to as 'the FED,' is the central banking system of the United States, responsible for monetary policy. The speaker criticizes the FED's handling of the market, stating they are 'failing' and not doing a good job. The script discusses the FED's potential actions with interest rates, which are central to market stability and investor sentiment.

💡Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. The video mentions that while there are claims of easing inflation, the speaker believes this is not entirely accurate due to manipulation of the CPI (Consumer Price Index) and ongoing high costs in sectors like real estate and fuel, which are not reflected in the reported inflation figures.

💡Dollar Cost Averaging

Dollar cost averaging is an investment strategy where an investor consistently buys a fixed dollar amount of a particular investment, regardless of its price. The speaker mentions using this strategy during the market downturn, suggesting it as a smart decision to make when the market is volatile, as it allows for the purchase of more shares when prices are low.

💡Earnings

Earnings refer to the profit a company makes, typically discussed in the context of quarterly or annual reports. The script discusses earnings reports from companies like AMD, Microsoft, and Apple, which are positive but still affected by market sentiment and actions of major investors like Warren Buffett.

💡Portfolio

A portfolio is a collection of financial assets such as stocks, bonds, and cash equivalents held by an investor. The speaker talks about their own portfolio, mentioning specific stocks and their performance, and how it has been impacted by the market conditions, being down only 6% compared to the market's 12%.

💡Herd Behavior

Herd behavior in finance refers to the tendency of investors to mimic the actions of others in the market, often leading to exaggerated price movements. The speaker uses the analogy of a flock of sheep to describe how institutional investors' actions can trigger a chain reaction among other investors, leading to market volatility.

💡VIX

The VIX, or Volatility Index, is a measure of market expectations for near-term volatility conveyed by S&P 500 index options. The speaker mentions the VIX hitting 65, indicating high levels of anxiety in the market. The VIX is used as an indicator of market sentiment and potential upcoming volatility.

💡Retail Stocks

Retail stocks are shares of companies that are involved in the retail sector, selling goods and services to consumers. The script discusses the struggles of retail stocks, particularly mentioning Starbucks and Nike, which are facing challenges due to a shift in consumer behavior and increased competition from small businesses and online marketplaces.

💡Same Store Sales

Same store sales refer to the sales generated by retail stores open for a certain period, allowing for comparisons of sales performance across different periods. The speaker points out the decline in same store sales for Starbucks, which is a negative indicator for the company's performance and suggests a deteriorating retail environment.

💡Stock Pickers Market

A stock pickers market is a term used when individual stock selection becomes more important than broad market trends. The speaker believes the current market conditions favor stock pickers, emphasizing the importance of choosing the right individual stocks to invest in, rather than relying on market averages or indices.

Highlights

The market has experienced a significant drop with the speaker down 6% compared to the market's 12% on QQQ.

The Federal Reserve is failing to stabilize the market, with a 50 basis point rate cut being priced in by the market, which the speaker doubts will happen.

The speaker's portfolio is down 6%, which is considered a win compared to the overall market performance.

Inflation may be manipulated through the CPI, with certain items being removed to make it appear as though inflation is decreasing.

Political influences are suspected in the Federal Reserve's actions, potentially favoring Democrats with rate cuts.

The speaker is using dollar-cost averaging and not panicking despite market losses.

Earnings reports from AMD, Microsoft, and Apple have been positive, but Warren Buffett has reduced his stake significantly.

Warren Buffett's actions suggest he is anticipating a market crash, holding the most cash in his portfolio.

The speaker disagrees with Buffett's cash-holding strategy, preferring to invest without cash reserves.

Market downturns are viewed as buying opportunities, not reasons to sell or hold cash.

Tom Lee's prediction of a further NASDAQ decline is acknowledged, with a focus on the VIX index hitting 65.

The speaker is selling certain stocks like Shopify but remains bullish on tech stocks despite market volatility.

The VIX spike is seen as a temporary situation, with a prediction that it will decrease.

Retail stocks like Starbucks and Nike are in trouble, with same-store sales declining, indicating a significant issue for these companies.

Small businesses are thriving, potentially at the expense of big brands, creating a stock picker's market.

Amazon is favored as a marketplace rather than an individual brand, offering stability in the current market.

The speaker emphasizes the importance of not panicking, being logical, and continuing to invest wisely despite market conditions.

Transcripts

Here Comes the Money guys oh boy has the

market absolutely dumped and I'm going

to tell you that this month in the past

month I'm down 6% versus the market

being down 12% or so on QQQ and I have a

lot of important things that I'm about

to cover on what you should be doing

with the market what my opinion is of

things that you should be investing in I

have some notes in front of me right now

I'm going to be talking about earnings

I'm going to be talking about different

stocks like apple meta AMD paler and

first and foremost I just want to say

that the FED is trying everything that

they can to make sure that the market is

going to be smooth and they're

absolutely failing the FED is not even

close to doing a good job in fact I

think they're just insisting on letting

everything completely collapse before

they actually kind of do their job not

saying they're not doing their job but

taking a look at what they plan to do

with interest rates and the market is

basically pricing in a 50 basis point

rate cut that's pretty ridiculous guys I

don't think that's going to personally

happen but the market is really spooked

right there

and uh just taking a look at my

portfolio I'm not immune to this guys

I'm still going down with the market

however I'm down 6% whereas I'm going to

talk about Starbucks I'm going to talk

about some retail stocks because when

you take a look at retail stocks they're

in a even more trouble Starbucks and

Nike in a lot of trouble in the past one

month QQ is down 12% so I'm actually

kind of celebrating in my community

because being down 6% when everything

else is down 12% is actually a huge win

and that's a fact that I just showed you

on the screen there's no inspect tool or

nothing like that I'm literally showing

you I'm down 6% % versus 12% so I'm

admitting that I'm hurt but I'm hurt a

lot less so there's a lot of things to

learn here guys all right and

specifically I want to talk about

inflation right now right so inflation

they're saying has eased off

substantially but when you look at uh

gas prices when you look at uh fueling

up your car and transportation not

really a lot of inflation has sort of

cooled down in certain pockets of our

economy but as a whole they're also

manipulating our CPI okay what I mean by

that is CPI is a basket of goods right

they're tracking a basket of goods but

they're taking certain things out of

that CPI to basically manipulate the

numbers to make it look like our

inflation is actually going down when it

really isn't okay real estate prices not

really going down that much as well as

fuel costs so I think there's a whole

bunch of kind of Market manipulation

kind of going on right now I'm not

claiming anything I'm just saying that's

what it looks like to me that's kind of

my opinion there and also a lot of this

stuff is political guys a lot of this

stuff is political because it's an

election year I think rate Cuts will

help Democrats I think that Ray Cuts

will help Democrats and that's why

Democrats probably are trying to push

more in that favor of a ray cut um

because it's going to help them out now

what the FED does will impact the market

and I'm also not really clear on what's

going to happen guys I'm not a genie I'm

not omniscient I don't know what's going

to happen but I will tell you that I am

making some smart decisions right now

with dollar cost averaging I am not

panicking whatsoever I'm not stressed at

all about the market even though I'm

losing significant amounts of money I'm

doing far better than the overall market

so in many ways I actually want to Pat

myself on the back because being down 6%

when the market is down 12% is an

extreme accomplishment extreme in one

month 6% that's a 6% differential very

very huge right there and I also want to

highlight some some earnings plays guys

there's a I know I'm all over the place

in this video but I'm just trying to lay

out out all these issues that I see and

what we can do about these issues and

they're just so many to list the FED

inflation rate cuts and I briefly want

to mention earnings okay so a recent

earnings report from AMD and Microsoft

were positive Apple was also positive

but still we saw Warren Buffett cut his

stake by was it about 50% so Burk Shar

hathway has the most cash that they've

ever literally had he has a lot of cash

so Warren buff is basically pricing in a

big crash okay he's basically pricing in

a big pullback now there is some delay

in information from 13f filings so when

you look at what you know hedge funds

and and Warren Buffett Etc are buying

there is some delay there so it's not

clear to me exactly why he cut a stake

and it's still the biggest position in

his portfolio but it's still very

alarming to see an investor like Warren

Buffett continuously raise more and more

cash now this is actually where I

disagree with Warren Buffett I don't

believe in having cash at all a lot of

people might call me stupid might call

me crazy for not having cash but I've

done just fine going to multiple s

figure portfolios by not having any cash

and in fact I see this as a big

opportunity guys all the YouTubers there

fearmongering and telling you it's it's

time to sell or you should should be

afraid that is incorrect it's factually

incorrect it's not even just incorrect

it's factually incorrect because the

market when it pulls back that's

literally the time to be buying it

literally is the time for you to be

dollar cost averaging timing the market

and trying to get into cash is like the

dumbest thing ever okay some people will

say oh I'm going to time the market once

I was right listen it's not about being

right once it's about who is right in

the end there's like a Russian saying

it's not who laughs right now it's who

laughs last okay it's all about who last

last and it's all about your long-term

results guys I'm trying to put the power

and the knowledge in your hands okay

what's going on with the FED right now

very alarming but it doesn't mean that

we need to sell out of our positions

that means that we have to get into more

high quality companies and right now you

know QQ is just kind of going down a lot

but in general I'm actually doing good

on Chipotle okay I've sold some puts on

Chipotle American Airlines is still

going to be okay oil and gas like XLE I

have ETF there I think that'll be okay

as well and overall you can see that my

portfolio and Snapchat being the bottom

of my portfolio that's like my lowest

position it's like makes up less than 1%

of my portfolio and the top of my

portfolio is Apple which makes up the

biggest part of my portfolio I am still

very very bullish on Apple they have

tremendously good earnings but it's

obviously going to be dragged down with

the rest of the market as well as the

Warren Buffett decision there to to kind

of sell some of his shares so despite

Apple having really really good earnings

still going to dip guys we can't control

short-term dips you really can't all

right it's like a it's like like I was

saying earlier it's like a flock of

sheep okay a flock of sheep when one

sheep kind of starts to run which is

like typically the institutional

investors because they do have some

Insider information typically or they

have some Advantage data which we don't

have so the first sheep goes then more

sheep are like hey why does that sheep

alarm let me follow him and then the

whole herd goes okay so that's what's

happening right now it's herd behavior

and herd psychology and that's why when

I was studying in college for finance I

worked the Goldman Sachs I have a

finance degree I had two hedge fund

experiences multiple millions of dollars

in in in the stock market all the stuff

that I've learned is that hurting

behavior in human psychology is exactly

what explains the market and I will tell

you right now I am not panicking

whatsoever I have zero fear zero fear

even if the market goes down 50% I will

actually be super excited to continue

buying so more things I do want to cover

though is Tom Lee this is a guy that I

actually am looking at you know I'm not

looking at no Jim Kramer I'm not looking

at other YouTubers they don't know what

they're talking about other YouTubers

definitely don't know what they're

talking about they're marketing experts

and CNBC Jim Kramer they don't know what

they're talking about either also it's

all around fear mongering hype getting

views getting attention now I'm in this

game as well guys but I try to keep it

as legit as possible as straightforward

as possible no BS I'm showing you what

I'm doing my gains my losses and my

actual psychology not to get the views I

want to actually tell you what I think

and the only person I am actually

looking at in terms of another person

Tomley this guy is someone that I

actually think he knows what what he's

talking about okay so Tom Lee is more of

the honest side and he was saying that

basically NASDAQ could decline further

that's what he was saying and he has

been right about Tesla he's been right

about many things and he has

specifically talked about in CNBC I'm

going to save you the time I'm trying to

make this video quicker because I want

to get this video out fast I didn't want

to put the CNBC uh video here but

basically he said pay attention to the

vix the vixs hit 65 because the vix hit

65 that means there's elevated levels of

anxiety in the market now that doesn't

mean that you need to take action guys

elevated vix just means that there's

more premium to collect if you selling

options it also means that there's more

volatility in the market expect it I

personally expect the vix to go down I

personally think 65 is not going to

happen for a very long time we were in

the 14 range for very long time and now

we see a very big spike and I think if

you're selling at these levels mistake I

think okay I think it's a mistake so I

personally am selling certain stocks I'm

getting out of Shopify today I got out

of Shopify but I personally am not

scared at all of the high quality of the

tech stocks although they are down

significantly as well as Nvidia which

good friend of mine he has uh bought

puts on Nvidia and I was looking at him

like you're crazy Nvidia is so bullish

but we do see some of these stocks with

high priced earnings ratios high price

to sales ratios that are on the

expensive side now pulling back and it

is painful but I would not sell at these

levels right now I also want to point

out to you guys that if and when if and

when not if if and when when the

recovery happens is going to recover

very fast so although you're feeling a

lot of pain right now today you're not

really going to feel pain in 6 months

from now or 12 months from now the

market is going to recover markets tend

to rise that's literally rule number one

okay rule number one on uh from Buffett

is don't lose money which is like a

obvious rule right I don't need to

repeat myself oh rule number one is

don't lose money everyone knows that

rule that's already a cliche rule my

rule guys which I learned on Wall Street

is markets tend to rise this is not a

quote that anyone else will say on

YouTube besides me because that's my

unique experience of what I learned on

Wall Street is markets tend to rise

which is why I'm a Perma okay I'm not

one of the Bears out there although I I

realize that it's important to hedge

your portfolio it's like right now with

covered calls I'm being a little bit

more aggressive to collect income not a

bear by no means yes my title I need to

get some clicks right because if I don't

make my title market crash no one will

click because everyone on YouTube does

the same exact title unfortunately that

is the game on YouTube but I'm being

honest with you I'm delivering you the

information that I personally in my

heart believe which is do not panic do

not sell do not cut your positions that

are high quality positions this is what

I believe in my heart and I'm telling

you I'm literally buying more stock I'm

literally going to be buying more stock

there's more things I need to cover in

this video a lot of important things

actually kind of all over the place cuz

obviously my emotions are high not from

the market but from my students my

Discord Community they're panicking so I

feel really compelled my 45-minute call

today was like an hour and 15-minute

call because I want to add extra support

to my subscribers to my Discord members

I want to give everyone extra support

right now because on a mental level this

is very hard to deal with it's not hard

for me at all guys this is not hard for

me whatsoever financially it's also not

hard for me from a belief perspective do

I think we're going to recover do I have

any doubts in my skills or my ability to

invest not at all not at all this is to

me this is actually easy mode I love to

see some struggle this is actually a

fantastic time for me to outperform and

prove this is actually the time to prove

that no other YouTuber doesn't have my

results everyone is losing more money

right now nobody has bought puts all the

people fearmongering right now I'll do

this this is the crash none of them

bought puts what's up with those guys

nobody bought puts nobody even has a

results of -6% versus -2% those guys are

down more than negative 12% way more

guys people holding Nvidia stock all

these people that are just pushing

Nvidia I'm sorry to go off topic this

not off topic I just want to point out

that it can be really dangerous to be

invested in just one stock Nvidia down

22% okay Tesla I don't need to prove

myself all right facts speak for

themselves 6% down versus 12% down on

the market versus other YouTubers weigh

down way more okay facts speak for

themselves right U that was my Discord

Community I want to talk about the

opportunity in September because in

August you should be dollar cost

averaging you should buy more shares

however you should have some dry powder

I'm going to contradict myself a little

bit if you have the cash you should hold

a little bit extra dry powder I

personally don't have much dry powder

but I think it it can be wise to have a

little bit more dry powder just to see

what happens with the FED stuff just to

see what happens a little bit more with

earnings you should be buying but don't

just I'm going to put all my money to

the market now I don't think any of you

guys are doing that I think a majority

of people watching my video and a

majority of people investing right now

are more on the cautious side they're

more scared oh I'm going to sell

everything no don't be that guy listen

to me 6% down versus 12% down in the

market and YouTubers down if they were

transparent like I am showing my

portfolio exactly how I'm showing

they're not doing it because they can't

they can't they don't have the

experience they don't have same results

as me please don't sell now I want to

talk about the growth scare Tom Lee says

this is just a growth scare okay Tom Lee

said that he thinks that the market

right now is just a growth scare and

everything will cover I fully agree I

fully agree I think this is just a

growth scare my personal opinion coming

from just Henry just guy in the internet

who is successful but I don't have any

credentials credentials although I have

more experience than everyone else I

don't have credentials guys I don't have

a CPA a CFA I don't have those things

because I wanted to be a coach I wanted

to help people and I don't want to stop

and work on Wall Street I don't enjoy

working on Wall Street I hated my job I

hated uh being in finance I hated waking

up in the morning I hated having a boss

and I hated getting paid 85k to 120k it

was really not that much money when I

can make more money myself trading

options I literally make way more money

than that and I don't have any rules I

don't have any regulations I don't have

to worry about any of the any of the

nonsense uh you know all those you know

what I'm talking about I think this is a

grow scare I think there's going to be a

lot of opportunity in September and

August it's probably going to be a bit

shaky I'm not going to lie to you the

vix is high for a reason I think it's

going to be a bit shaky not much we can

do there my thoughts on the 50 basis

point cut in September goodness

sometimes I feel like when I sit I'm I'm

I kind of look fat but uh let me sit up

straight I just want to make sure I'm

still on camera here 50 basis point cut

in

September that's what the market is

pricing in I personally don't think so

mark my words we're going to get a 25

basis point cut not not 50 basis points

50 basis points going to be a bit high

but the market is actually pricing in a

higher percentage so we'll see on that

now I want to talk about some

interesting points which is low data uh

there there's low data in terms of

people are saying right now that

employment numbers are really bad but I

think there's low data points because

why I think a lot of people are leaving

the workplace but if you look at social

media everyone is starting a new

business so I think what's actually

going on is employment numbers are low

because nobody wants to work for a

company for a big Corporation slaving

their life away especially at the lower

level positions okay that's also a big

reason why Starbucks is in a lot of

trouble Nike in trouble a lot of retail

companies are in trouble I was looking

at CNBC I like CNBC I just don't like I

don't like the people always talking on

CNBC I I do like uh that CNBC did a

really deep dive Research into Starbucks

and they were saying how stores keep

opening up but same store sales are

going down guys same store sales going

down I don't even know like I want to

take a bottle and like just

like I I want to point to you how

important how dire of a situation this

is when you see same store sales going

down this is the end of the world this

is that is the end of the company now

Starbucks is not going to go out of

business but that is the end of that

company Rising higher now Starbucks is

going for very good valuation but I am

no longer bullish on Starbucks I really

want to buy it as well as Nike but same

store sales going down guys this is

Redline awful this is essentially you

have a 100 customers come to your

restaurant and then the next day 99 next

day 98 next day '97 96 95 94 your

restaurant's literally dying that's

what's happening to Starbucks

unfortunately not unfortunat I don't

really care we don't have any Star we

don't have much of a Starbucks position

we've done fine on Starbucks but I'm

just telling you I'm pointing out the

fact that retail stocks are in big

trouble big trouble huge trouble don't

don't be invested in Starbucks Nike

don't be invested in retail uh you need

Big Brand right now Big Brand and Nike

and Starbucks is obviously Big Brand but

it's retail big Big Brand which is no go

for me right now no go absolutely not uh

Nike same thing with their shoes too

much competition too much competition

and I think small businesses right now

are opening up uh you know for example

luck and coffee I know they had like

this whole scam but in China luck and

coffee surpassed Starbucks same thing

with in China there apple is not doing

as well in China right now same thing

with the Chinese automobiles hackling

Tesla so guys right now it's a very

interesting time to be invested in the

market because I actually think it's a

stock Pickers Market AKA it's my market

it is my market right now I picked I

picked Apple I picked many other good

stocks which have led me to beat the

market by a lot it's a stock pi Pickers

market right now as well doing well on

Palance your uh wheel strategy it's down

but more or less I'm still doing better

than the market due to the options

themselves because the options allow me

to get premium and income so the stock

is down but the options are generated

income which is hedging and protecting

my portfolio and giving me that

stability in the portfolio and like

looking at small businesses that's where

it's at right now small businesses is

where it's at and that's going to hurt

some of the big brands for sure hands

down so startbucks Nike good valuation

right now but this is not a stock that I

want to personally dollar cost into I

would dollar cost into Nvidia I think

Apple's great Amazon went down so much

guys I think Amazon's fantastic because

Amazon's more of that Marketplace

they're not really yes they have a brand

of course but it's not like they have a

big YouTube channel or big social media

presence they do but it's really the

marketplace it's really the product

business that's doing so well for Amazon

it's literally demand for the Amazon

Marketplace so brands are on Amazon so

I'm not making an individual bet on a

brand I'm just making a bet on a

Marketplace and then being a middleman

so that's why Amazon is fantastic stock

right now whereas individual brands are

kind of hard to bet on because they go

up and they go down and they can go out

of business fairly quickly so I don't

really think we're going to get a 50

basis point cut I think we're going to

be at about 25 I would say be logical be

logical please do not get emotional I'm

here on YouTube to educate to help I'm

here to support you comment I'm going to

read the comments of course my Discord

Community has access to me I am here to

support and to help you not lose money

to invest money wisely to get to

retirement that save passive income

that's it that's my whole goal in life

that's what I want please don't I mean

if you want to panic and sell that's up

to you my opinion is be strong right now

be smart right now all right catch you

guys in the next video