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Felix Prehn - BREAKING: FED *Just* Flipped 📈 + Stock Market News 18 December 2024 · Felix Nikolas Prehn's Podcast

• 0:00
  Speaker 1: Felix here and welcome to this pre-market live stream.
• 0:02
  Speaker 1: Consider this Wall Street runs through this pattern of pushing the market up, scaring you out of your positions and making money on both sides.
• 0:13
  Speaker 1: And what are they up to right now?
• 0:14
  Speaker 1: Well, just before the Fed decides whether to cut interest rates today and I want to explain that in a moment I want to give you some context here of the tactics that they're using again and again so you can spot it and you'll be smarter and better informed and you're making better decisions now, before this rate cut and also going into 2025.
• 0:37
  Speaker 1: And then I want to walk you through some exciting things so we can make some money out of this way, this today as well.
• 0:44
  Speaker 1: So let's jump straight into it and I'll show you a couple of things that the big banks are throwing out there, some from mainstream media, some sort of passed on to their kind of news circle, where they're trying to scare you.
• 1:00
  Speaker 1: And this is the first fear mongering thing that you're going to see a lot of in the next couple of days.
• 1:05
  Speaker 1: And the banks put this out.
• 1:07
  Speaker 1: This is from Goldman Sachs and it's going to filter through to Bloomberg and then to mainstream media in the next few days and they're saying that the PEs, the price earnings, the valuations, are the craziest level ever since, well, 2000, 1999.
• 1:24
  Speaker 1: So that should scare you, right?
• 1:27
  Speaker 1: Because the dot-com bubble was terrible.
• 1:29
  Speaker 1: And imagine if we have those valuations, you know.
• 1:31
  Speaker 1: But the truth is different.
• 1:33
  Speaker 1: This to me is FUD, it's fear, my great, and I'll explain to you why.
• 1:39
  Speaker 1: But first they're going to also throw this at you Panic in Brazil, like anybody cares.
• 1:45
  Speaker 1: Who here has significant exposure to Brazil in their portfolio?
• 1:48
  Speaker 1: Anyone, anyone, anyone at all?
• 1:50
  Speaker 1: I very much doubt it, right?
• 1:52
  Speaker 1: If you have a lot of exposure to Brazil, put a one in the chat.
• 1:57
  Speaker 1: If you have no exposure to Brazil or virtually no exposure to Brazil, put a two in the chat.
• 2:02
  Speaker 1: Lots of Brazil, no exposure to Brazil?
• 2:07
  Speaker 1: Put a two in the chat.
• 2:08
  Speaker 1: Lots of Brazil.
• 2:08
  Speaker 1: And I think we'll see that it's mostly twos.
• 2:10
  Speaker 1: But let me see what we've got there.
• 2:12
  Speaker 1: Felix bought a new jacket.
• 2:13
  Speaker 1: No, no, I didn't.
• 2:13
  Speaker 1: Actually, this one's about 15 years old.
• 2:16
  Speaker 1: Seriously, I don't really buy a lot of clothes, I can't be bothered.
• 2:20
  Speaker 1: So George has got significant.
• 2:23
  Speaker 1: You got new holdings, have you George?
• 2:25
  Speaker 1: Okay, but most of you don't have any Brazil exposure, right?
• 2:28
  Speaker 1: So the headline is kind of why do we care?
• 2:30
  Speaker 1: Why do we care?
• 2:30
  Speaker 1: We just don't care.
• 2:31
  Speaker 1: It's a lovely country, lovely people, but it's incredibly corrupt and it just implodes with very, very good regularity.
• 2:38
  Speaker 1: So just don't put your money there.
• 2:39
  Speaker 1: And then they're going to show you this.
• 2:41
  Speaker 1: They're saying look, there are only one, two, three, four, five, six, seven stocks that are actually going up.
• 2:49
  Speaker 1: Literally, out of the 500 S&P stocks, only seven are actually going up over the last two weeks, and that should scare you.
• 3:00
  Speaker 1: Why should it scare you?
• 3:04
  Speaker 1: Because everything else is kind of in decline.
• 3:07
  Speaker 1: Oh my God, how terrible.
• 3:10
  Speaker 1: But the truth is this.
• 3:11
  Speaker 1: The truth is that inequality is a feature of the system.
• 3:16
  Speaker 1: It's not a bug, it's the feature.
• 3:18
  Speaker 1: The greatest companies rise, the people who put in the effort and learn the skills and are consistently applying them.
• 3:27
  Speaker 1: What do they do?
• 3:28
  Speaker 1: They make a lot of money, right, look at funds 90% rubbish, 10%.
• 3:35
  Speaker 1: Okay, but it's really the 0.01% that are the glorious ones.
• 3:39
  Speaker 1: And it's the same for the people who work in your company.
• 3:42
  Speaker 1: Right, the top 1% make all the money more than everybody else combined.
• 3:46
  Speaker 1: That is the nature of capitalism.
• 3:48
  Speaker 1: It rewards those who do great work or have great power.
• 3:53
  Speaker 1: That's a different story, but that's kind of the thing.
• 3:55
  Speaker 1: So does this matter?
• 3:56
  Speaker 1: No, no, it doesn't.
• 3:58
  Speaker 1: It really really doesn't, and I'd expect this to continue.
• 4:01
  Speaker 1: I'd expect the great companies to massively, massively outperform the market again and again, and again.
• 4:11
  Speaker 1: So what does that mean to you?
• 4:13
  Speaker 1: Well, do you?
• 4:16
  Speaker 1: Let me ask you this this way Do you want to be part of these guys, the winners, or do you want to be part of the losers?
• 4:24
  Speaker 1: Because there are only seven winners and there are 500 losers.
• 4:29
  Speaker 1: Now, the beautiful thing is that if you're an investor, you can be part of the seven, because there is no limit on how many people can make money on the stock market, on great stocks.
• 4:39
  Speaker 1: Actually, the more people understand this, the more money you make, because everybody understands the same thing, then everybody makes more money, but by everybody, I mean the small minority.
• 4:49
  Speaker 1: So do you want to be part of the winners?
• 4:51
  Speaker 1: If you want to be part of the winners, put winner in the chat, and if you want to be a loser, put an L in the chat or an emoji.
• 4:59
  Speaker 1: Is there a loser emoji?
• 5:01
  Speaker 1: Probably right.
• 5:02
  Speaker 1: Who wants to make money?
• 5:03
  Speaker 1: I imagine most of you, right?
• 5:06
  Speaker 1: Winner, winner, chicken dinner, says Terry.
• 5:11
  Speaker 1: How come Nvidia is not on that list?
• 5:15
  Speaker 1: Look at the stock chart.
• 5:16
  Speaker 1: It hasn't done a thing in the last two weeks, right?
• 5:18
  Speaker 1: This is the last two weeks.
• 5:19
  Speaker 1: Okay, we've got some winners here Toggs, rene, doug they want to be winners.
• 5:24
  Speaker 1: Chip wants to be a winner.
• 5:25
  Speaker 1: Manny, wolfgang, eileen, john Okay, now it's coming in too quick, I can't read it all out.
• 5:31
  Speaker 1: Brilliant, so you want to be winners, right?
• 5:33
  Speaker 1: So what do you do to be winners?
• 5:35
  Speaker 1: Well, you become a winner.
• 5:36
  Speaker 1: How do you become a winner?
• 5:37
  Speaker 1: You learn the skills of the winners.
• 5:39
  Speaker 1: You want to learn the skills of the winners.
• 5:41
  Speaker 1: You want to learn how to spot those seven stocks.
• 5:44
  Speaker 1: And here is what that actually means in real terms it means spotting big, beautiful, shiny breakouts.
• 5:53
  Speaker 1: So your portfolio looks more like this one here, which is a teaching portfolio of mine, where we are up 300% 249, 52, 15, 13.
• 6:01
  Speaker 1: These last two positions are three days old, by the way, and my stock portfolio looks not too dissimilar.
• 6:08
  Speaker 1: That's what it means to be a winner.
• 6:12
  Speaker 1: So how do you learn it?
• 6:14
  Speaker 1: Well, you watch the masterclass.
• 6:16
  Speaker 1: Am I promising you 300% returns tomorrow?
• 6:19
  Speaker 1: No, I'm not.
• 6:19
  Speaker 1: I'm not promising you any returns, but I promise to share with you the actual three steps that it takes to spot those winners and therefore potentially, massively, massively beat the market and be part of the winners and we have lots of pinners here rather than the losers who just hang about and underperform and therefore live a pretty average life.
• 6:42
  Speaker 1: But before we move on to looking at some actual stocks that are on that breakout path today, here is another piece of information that's going to get thrown at you over the holidays Home buyer affordability.
• 6:57
  Speaker 1: Homes in the US are not affordable, isn't that terrible?
• 7:00
  Speaker 1: Well, again, it's part of the system, isn't it?
• 7:03
  Speaker 1: Why are they not affordable?
• 7:04
  Speaker 1: Because the winners have lots of money, so they drive prices up.
• 7:10
  Speaker 1: And then you also have idiotic regulation, which means a lot of homes are being built, but do you think people who are winning, do you think people whose portfolios are up 200% this year, care that homes are not affordable?
• 7:23
  Speaker 1: No, of course they don't.
• 7:25
  Speaker 1: To them it's affordable, so affordability is to the average.
• 7:30
  Speaker 1: So what's the choice here?
• 7:32
  Speaker 1: Well, the problem is being average.
• 7:39
  Speaker 1: Why are we average?
• 7:41
  Speaker 1: Well, we all start as average because nobody's taught us, no one's given us, the skills, no one's told us what to do.
• 7:46
  Speaker 1: Once you understand what to do, once you know the skills, you are above average, in fact, even just thinking about getting the skills I would argue, makes you above average, but it's the people who actually act on it who get really, really above average.
• 8:01
  Speaker 1: And here is another thing Look, wages are falling.
• 8:04
  Speaker 1: Well, no, they're not falling, but that'll be the headline.
• 8:06
  Speaker 1: Growth is slowing, so wage growth is slowing down, and that should scare you.
• 8:13
  Speaker 1: Well, which growth?
• 8:16
  Speaker 1: What am I writing screen?
• 8:17
  Speaker 1: Slowing down wages will never make you wealthy.
• 8:25
  Speaker 1: There, I said it, unless you are, um, jamie diamond who gets paid 30 million dollars or something.
• 8:32
  Speaker 1: Okay, that's an extraordinary way.
• 8:34
  Speaker 1: Wage, that's very, very rare.
• 8:35
  Speaker 1: Generally speaking, wages don't make you wealthy.
• 8:38
  Speaker 1: You know what makes you wealthy?
• 8:39
  Speaker 1: Taking that wage, so taking that dollar, putting it to work in the market, and then the market turns that dollar into $2, and then into $3, and then into you get the picture right.
• 8:54
  Speaker 1: That is actually where wealth is created.
• 8:57
  Speaker 1: So the whole point of your job or your business is to give you some capital and then to make that capital work really, really hard for you.
• 9:06
  Speaker 1: You should put that capital into a sweatshop, make it work 24-7.
• 9:11
  Speaker 1: That's what the money is there for, right?
• 9:12
  Speaker 1: So you don't have to.
• 9:14
  Speaker 1: And then we come full circle to what's happening today.
• 9:19
  Speaker 1: Today at 2 pm, the Fed is going to decide whether to cut interest rates.
• 9:26
  Speaker 1: Now, nick Timmy Rouse, who works for the Wall Street Journal I believe no idea why he basically is the Fed whisperer, that's what he's known as.
• 9:38
  Speaker 1: He's not a dog whisperer or a horse whisperer, he's the Fed whisperer.
• 9:41
  Speaker 1: So he seems to be lurking in wood-paneled corridors at the Fed and he gets the inside track and he's saying they're going to cut rates today, and I agree with him.
• 9:51
  Speaker 1: And then they're going to say well, we're going to go more slowly on reductions going forward.
• 10:00
  Speaker 1: And, depending on how they phrase that, it might cause some fear that rate cuts are over.
• 10:07
  Speaker 1: And you might see some headlines today around 2.30, 3 pm New York time, that say Fed says last rate cut ever, something like that, and the market's going to go oh no, no more rate cuts.
• 10:20
  Speaker 1: We need the rate cuts.
• 10:21
  Speaker 1: It's like our heroin.
• 10:23
  Speaker 1: And let me show you a piece of information that might change your view on that.
• 10:29
  Speaker 1: The unemployment rate is actually pretty high Since 2022, it's actually gone up, and that's because we are unwinding the shenanigans of the Biden administration in making up millions of jobs that never were.
• 10:46
  Speaker 1: And how do they make them up?
• 10:47
  Speaker 1: They just fill in a little box on a spreadsheet and they send it out to the media and then there you have it Jobs were created.
• 10:53
  Speaker 1: So wood panels behind you.
• 10:56
  Speaker 1: I know, I know that's the irony, isn't it?
• 10:59
  Speaker 1: Lots of wood panels behind me.
• 11:01
  Speaker 1: I do like a nice wood panel.
• 11:02
  Speaker 1: I don't take myself that seriously.
• 11:07
  Speaker 1: So this relatively high unemployment rate, which, of course, is manipulated and in reality is much higher, will likely give us some more rate cuts.
• 11:16
  Speaker 1: That's what I would argue.
• 11:18
  Speaker 1: And secondly, and even more importantly, what really matters to you and me is confidence in the stock market In the short term, which is kind of where we live, because in the long term we're dead.
• 11:34
  Speaker 1: In the short term, the market is all about confidence.
• 11:38
  Speaker 1: It's not really about this number or that profit or this earnings or that CEO.
• 11:43
  Speaker 1: None of that really matters that much.
• 11:44
  Speaker 1: All of that just feeds into confidence.
• 11:47
  Speaker 1: And when the market is confident, the market goes up, and when the market panics, the market goes down.
• 11:54
  Speaker 1: That's as simple as it is.
• 11:56
  Speaker 1: And how do you know that?
• 11:58
  Speaker 1: Well, you can look at the Conference Board Consumer Confidence Expectation, stock Price Increase Index, which is what this thing is called, and what do you see?
• 12:07
  Speaker 1: Well, it's tremendously growing up.
• 12:10
  Speaker 1: And that's because you have someone coming into the White House who uses words like beautiful, huge and bigly on a daily basis, and that seems to be working rather well.
• 12:20
  Speaker 1: So as long as this chart looks like that, things look good.
• 12:24
  Speaker 1: Now what if you don't have access to this data?
• 12:26
  Speaker 1: Any stock chart will tell you the same thing, and I'll show you that in a moment.
• 12:34
  Speaker 1: But if you really want to grasp that concept, then well, best of all, I've packaged it in about a 30-minute lesson that you can watch again and again, and it's completely free of charge, and I know thousands of you already have watched it.
• 12:43
  Speaker 1: Where do you find it, felixrensselaercom?
• 12:46
  Speaker 1: Get free right there on the screen.
• 12:49
  Speaker 1: It's also in the description down below.
• 12:51
  Speaker 1: It's also pinned to the live chat, thanks to our friend Fox Gaming, who's very, very kind and mightily powerful, so don't spam in here.