Latest / Felix Nikolas Prehn's Podcast / Felix Prehn - There’s Only 6 Days Left… + Stock Market News 28 October 2024

Transcript

Felix Prehn - There’s Only 6 Days Left… + Stock Market News 28 October 2024 · Felix Nikolas Prehn's Podcast

• 0:07
  Speaker 1: Felix here and we appear to be live.
• 0:09
  Speaker 1: Apologies, I'm literally moving in the morning.
• 0:12
  Speaker 1: We're moving back to our old place and well, hence the sort of slight panic chaos.
• 0:17
  Speaker 1: I packed the microphone and dug it out of a bag.
• 0:20
  Speaker 1: But having gotten that out of the way, it is a beautiful day.
• 0:24
  Speaker 1: In fact, it's probably the best day of the year, not for me, but for the stock market, although mine's been pretty good too.
• 0:33
  Speaker 1: I hung over again for a chap who hasn't had a drink in I don't know three years maybe.
• 0:38
  Speaker 1: That seems fairly unlikely.
• 0:40
  Speaker 1: I don't miss that feeling at all.
• 0:42
  Speaker 1: But let me share my screen with you.
• 0:44
  Speaker 1: Dive straight into it.
• 0:45
  Speaker 1: This is pre-market.
• 0:46
  Speaker 1: Looks pretty juicy, doesn't it?
• 0:48
  Speaker 1: It's green and green and green.
• 0:49
  Speaker 1: Tesla is up once again 0.6%, google jumping 2%, meta up a percent and a half, nvidia up over a percent, amazon up over a percent, banks are up, fat drugs are floating, mcdonald's is recovering and the world is a beautiful place.
• 1:04
  Speaker 1: But I want you to understand a little bit more than that.
• 1:08
  Speaker 1: I want you to actually understand why, how and how we can make money.
• 1:12
  Speaker 1: So welcome to the best day of the year.
• 1:15
  Speaker 1: And that is actually true.
• 1:17
  Speaker 1: This day is statistically the best day for the S&P 500.
• 1:23
  Speaker 1: So the best day of last 50 years in every year is this particular day and on average the S&P 500 goes up a whopping 0.5% today and it looks at least judging by the pre-market that that trend seems to be unbroken.
• 1:51
  Speaker 1: So that's good news, isn't it?
• 1:52
  Speaker 1: You want more good news, or should we just leave it there?
• 1:53
  Speaker 1: Just make it short and sweet 30 seconds, it's all over.
• 1:56
  Speaker 1: A market's going up, don't care why.
• 1:58
  Speaker 1: Actually, I might just share with you a trade I set up on Friday, if you'd like to know, maybe you'd like to know, maybe you'd like to know.
• 2:05
  Speaker 1: Maybe you stick around just for that little tidbit here.
• 2:08
  Speaker 1: But if you looked at the earnings we've had so far and we're going to talk about earnings pretty positive stuff out of the America's C-suites here.
• 2:24
  Speaker 1: Logitech says I would say it's pretty.
• 2:25
  Speaker 1: What are they saying?
• 2:26
  Speaker 1: Global consumer is pretty resilient.
• 2:28
  Speaker 1: The National Retail Federation came out with this outlook for the holidays two and a half to three and a half percent growth in terms of holiday spend.
• 2:35
  Speaker 1: That's pretty good You're going to buy a mouse, I presume.
• 2:38
  Speaker 1: And Pfizer saying overall consumer spending growth is slower than last year, but stable, at a comfortable pace, which is rather nice.
• 2:48
  Speaker 1: Transunion says household finances remain healthy due to low unemployment and real wage growth coming back.
• 2:58
  Speaker 1: And TransUnion says also, consumer delinquencies have improved for personal loans.
• 3:05
  Speaker 1: So the world is absolutely beautiful.
• 3:07
  Speaker 1: This is what's happening this week.
• 3:14
  Speaker 1: So we have tomorrow SoFi deserves a red box, doesn't it?
• 3:18
  Speaker 1: Apparently, it is not important enough yet to deserve a red box.
• 3:21
  Speaker 1: So tomorrow morning, sofi, paypal, it's FinTech, morning McDonald's also.
• 3:27
  Speaker 1: That could be interesting.
• 3:28
  Speaker 1: Crocs is actually quite interesting.
• 3:30
  Speaker 1: And then AMD, google, snap, reddit and I loathe Reddit, I must say.
• 3:35
  Speaker 1: It's a cesspit of nastiness, isn't it?
• 3:38
  Speaker 1: Anyway, wednesday we then have the big boys Microsoft, meta and Coinbase, and then Thursday, uber, amazon, apple and Intel round off the week to make this the week where literally 29% of the S&P reports by value.
• 3:57
  Speaker 1: So all the big boys are reporting.
• 4:00
  Speaker 1: Obviously, there are other companies in here too, like MasterCardcard is surely relevant.
• 4:04
  Speaker 1: I think.
• 4:04
  Speaker 1: Altria is pretty relevant.
• 4:06
  Speaker 1: Etsy is pretty relevant.
• 4:07
  Speaker 1: Roku I love ADP.
• 4:10
  Speaker 1: There's a lot of stuff happening this week.
• 4:11
  Speaker 1: When did this happen?
• 4:14
  Speaker 1: Kela Nova they renamed themselves into this weird like we're gonna suck your brains out sort of name, apparently.
• 4:22
  Speaker 1: So yeah, that's something I didn't really know.
• 4:24
  Speaker 1: So what to watch for?
• 4:28
  Speaker 1: What's going to be really important here?
• 4:30
  Speaker 1: David Duff?
• 4:36
  Speaker 1: You're not getting our emails.
• 4:37
  Speaker 1: David, drop me an email to felixatgoatacademyorg.
• 4:41
  Speaker 1: I'll put it in the chat here and then I'll make sure that gets taken care of.
• 4:47
  Speaker 1: You have checked your spam folder, right, presumably.
• 4:53
  Speaker 1: But yeah, you're talking about the Trade Vision emails.
• 4:56
  Speaker 1: Okay, this is what everyone's looking at.
• 4:57
  Speaker 1: Everyone is predicting that in blue here, the other mag seven earnings and they've been out of this world, right, they've been absolutely glorious mag seven earnings and they are meant to slow down somewhat over the next year, while in white do we have a white pen?
• 5:18
  Speaker 1: I'm not sure Microsoft makes white pens.
• 5:20
  Speaker 1: It would imply innocence, wouldn't it?
• 5:22
  Speaker 1: Yes, here we go, sort of gray rather than white, which is probably Bill's preferred color, and they're picking up.
• 5:31
  Speaker 1: So, in theory, the Mac 7 should underperform the rest of the market.
• 5:37
  Speaker 1: So the not-so-magnific magnificent 493 out of the S&P 500 should, in theory, do very well in 2025.
• 5:48
  Speaker 1: So maybe a little bit of index investing will do well for 2025.
• 5:54
  Speaker 1: But let's watch out for the earnings guidance that we get this week, because maybe, maybe, maybe, these bars will get revised upwards, which I think is entirely possible.
• 6:05
  Speaker 1: So we'll see that.
• 6:13
  Speaker 1: Now, for everybody who says sell everything, this is the top of the market and it's all insane all of this.
• 6:18
  Speaker 1: This is, I think, one of the most insightful charts I've seen in a while.
• 6:22
  Speaker 1: This is S&P Communication Services and IT basically tech.
• 6:28
  Speaker 1: Right, basically the S&P tech.
• 6:29
  Speaker 1: So, if I may write this down, s&p tech and it's the forward PE, which basically means, and it's the forward PE which basically means, based on next year's profits, how expensive are stocks?
• 6:44
  Speaker 1: And we are here.
• 6:46
  Speaker 1: I know the shade of blue is a little dark there, but this was 2000, just to give you a flavor.
• 6:55
  Speaker 1: So we had about a 25 forward PE In 2000,.
• 6:59
  Speaker 1: We were at 40x.
• 7:01
  Speaker 1: So there is potentially a lot of room to run here, which is really all that matters.
• 7:11
  Speaker 1: Now, what are we ever going to do?
• 7:13
  Speaker 1: I think it's going to continue to be a stock picker's market.
• 7:16
  Speaker 1: To be honest with you, like it has been right, some stuff's made a lot of money.
• 7:19
  Speaker 1: A lot of stuff hasn't.
• 7:20
  Speaker 1: The S&P overall hasn't done all that much, but a lot of good stuff has done a lot.
• 7:23
  Speaker 1: So I would continue to argue for spot the breakouts and take a full embrace of the breakouts.
• 7:33
  Speaker 1: How do you spot the breakouts?
• 7:34
  Speaker 1: Well, you're in luck.
• 7:35
  Speaker 1: I recorded a 30-minute free masterclass for you where I teach you how to spot those breakouts.
• 7:40
  Speaker 1: Yeah, literally.
• 7:41
  Speaker 1: And if you want to know more about goodfewdictrendsorg, get free.
• 7:47
  Speaker 1: Obviously.
• 7:48
  Speaker 1: Link's also down below.
• 7:50
  Speaker 1: And people have all sorts of issues in the chat here, right, sounds gone, ads, all sorts of stuff.
• 7:57
  Speaker 1: I think we're good, aren't we?
• 7:59
  Speaker 1: Sound Sound's still here from my end.
• 8:01
  Speaker 1: So I also, we literally.
• 8:05
  Speaker 1: Today I'm super excited about that.
• 8:07
  Speaker 1: We're starting a program where we are teaching fully-fledged stock investing and stock trading.
• 8:12
  Speaker 1: Super, super excited by it Basically.
• 8:15
  Speaker 1: Yeah, super excited.
• 8:16
  Speaker 1: It's launching today and if you want to know more about that too, also watch the master class.
• 8:21
  Speaker 1: I do mention it.
• 8:22
  Speaker 1: Um, and I also share my traits in that community.
• 8:25
  Speaker 1: Um, or rather my charts.
• 8:27
  Speaker 1: So this is one I set up on friday um, it's a bit of a freebie p-a-l-l.
• 8:32
  Speaker 1: P-a-l-l.
• 8:33
  Speaker 1: It's a palladium etf, and don't jump in on it like mad if you don't know what you're doing.
• 8:37
  Speaker 1: If, if you haven't got any exit rules, if you haven't got any risk management, just step away from the button because it's going to cost you money.
• 8:43
  Speaker 1: But it's looking rather nice so far and this could.
• 8:47
  Speaker 1: This is basically a play on.
• 8:49
  Speaker 1: I mean, for me it's a play on the chart, but it's basically a play on.
• 8:51
  Speaker 1: If there are palladium sanctions against Russia, then this is going to go to the freaking moon.
• 8:59
  Speaker 1: So we'll see what it is there.
• 9:01
  Speaker 1: And then, of course, here is an advert now for Gak Juice, gak Super Juice.
• 9:05
  Speaker 1: Who sponsor this video?
• 9:07
  Speaker 1: I'm kidding, we never have any sponsors.
• 9:12
  Speaker 1: There'll never be any endorsements.
• 9:13
  Speaker 1: There'll never be any affiliate click buttons down below on this channel.
• 9:15
  Speaker 1: Zero sponsorships.
• 9:16
  Speaker 1: This is just stuff that I like to drink.
• 9:17
  Speaker 1: It's $100 a bottle, by the way.
• 9:19
  Speaker 1: $100 a bottle.
• 9:20
  Speaker 1: You see no alcohol whatsoever, just a special fruit.
• 9:23
  Speaker 1: I get it from the Philippines.
• 9:25
  Speaker 1: So there we are.
• 9:27
  Speaker 1: Learn that stuff, please, because you'll make a lot more money if you do, at least in my experience, some of you got booted out of the chat too.
• 9:44
  Speaker 1: What is going on here?
• 9:45
  Speaker 1: It seems like a mad morning on youtube.
• 9:47
  Speaker 1: Here's another potential opportunity uh, from earnings.
• 9:50
  Speaker 1: This is um ll, um.
• 9:53
  Speaker 1: I'll make you thin and uh, lly.
• 9:56
  Speaker 1: Of course, you know fat loss drugs, drugs for those who don't want to go and stop eating pie or McDonald's.
• 10:04
  Speaker 1: What have you got here?
• 10:04
  Speaker 1: Well then, light blue.
• 10:06
  Speaker 1: You've got the EPS earnings per share estimates, basically.
• 10:11
  Speaker 1: And then, in dark blue, I know blue, and blue is really.
• 10:14
  Speaker 1: It's really glorious, isn't it?
• 10:15
  Speaker 1: You've got LLY, how it's performing against the S&P and what you can basically see.
• 10:23
  Speaker 1: To make a long story very short, there is a gap right and the gap could get filled.
• 10:28
  Speaker 1: If it does, lly will rally about 20%, so it could be something worth looking at.
• 10:35
  Speaker 1: I'm not saying you should therefore jump on it and buy it.
• 10:37
  Speaker 1: I'm not in it but it's definitely one to watch.
• 10:40
  Speaker 1: Also very interesting is that the MAG7s, the magnificent seven stocks, are underloved at present by the funds, so the funds could buy a heck of a lot more compared to the NASDAQ right now.
• 10:59
  Speaker 1: So, again, there is a big gap here which could mean that the Mach 7 go to the moon.
• 11:04
  Speaker 1: Right, that GAC choose is very good.
• 11:15
  Speaker 1: Highly recommend it.
• 11:15
  Speaker 1: It apparently cures prostate cancer Not that I have prostate cancer or a prostate problem, but apparently it's very good for you.
• 11:25
  Speaker 1: Uh, prevents it.
• 11:26
  Speaker 1: Um, and I literally have a friend who had said issue had to get up several times in the night.
• 11:32
  Speaker 1: I gave him a box and about three weeks later he said I no longer have to get up at night.
• 11:36
  Speaker 1: It's amazing.
• 11:36
  Speaker 1: So there you go, scientific proof, and all the doctors are flying.
• 11:40
  Speaker 1: They're going.
• 11:45
  Speaker 1: Oh my God, where is the study?
• 11:46
  Speaker 1: There are actually studies.
• 11:47
  Speaker 1: Go Google it.
• 11:47
  Speaker 1: It's called GAC juice G-A-C, and it's got lots of lipocarotenes in it if you must know.
• 11:51
  Speaker 1: But what would probably be more useful would be actually to make some money so you can go and spend a hundred bottles a bottle on the stuff, like I do, and glug it down like juice because it tastes delicious and head over to felixrentsorg, get free.
• 12:03
  Speaker 1: Learn how to spot those breakouts, like that palladium breakout just above, and and yeah, there is a pattern.
• 12:12
  Speaker 1: There are patterns.
• 12:13
  Speaker 1: The market moves in patterns.
• 12:14
  Speaker 1: If you know how to spot the pattern, you'll make a heck of a lot more money.
• 12:17
  Speaker 1: That's basically my experience.
• 12:18
  Speaker 1: What's the the name?
• 12:20
  Speaker 1: My dad has that issue, prisad Ravo.
• 12:21
  Speaker 1: It's called GAC juice, g-a-c juice.
• 12:25
  Speaker 1: The active ingredient is lipocarotene.
• 12:30
  Speaker 1: You can probably get a powder or something on Amazon, I imagine Carotene, not carotene.
• 12:36
  Speaker 1: There's an R missing there, lipocarotene Amazing, a rather expensive habit, the juice, at least.
• 12:43
  Speaker 1: But it's probably a powder or a pill or something.
• 12:50
  Speaker 1: Anyway, I get it from a chap in the Philippines and, yeah, it's actually spotting breakouts and learning how to read charts that have got us up very nicely.
• 12:57
  Speaker 1: This is our $30,000 teaching portfolio right now.
• 12:58
  Speaker 1: This is a $30,000 portfolio.
• 13:00
  Speaker 1: This is our $30,000 teaching portfolio.
• 13:01
  Speaker 1: Right now, this is a $30,000 portfolio.
• 13:02
  Speaker 1: We're up $5,400 on that right now, plus, well, since the beginning of the year, we made $28,300.
• 13:08
  Speaker 1: So if you add that together, what are we at?
• 13:13
  Speaker 1: Maths is not my strength $3,000, $33,000, something, something like that, which is well, 110%, right.
• 13:25
  Speaker 1: So we're at 110% up so far this year.
• 13:28
  Speaker 1: Maybe that entices you to want to learn.
• 13:31
  Speaker 1: That's really why I share it.
• 13:32
  Speaker 1: Felixfriendsorg slash get free, Watch it.
• 13:35
  Speaker 1: It's free of charge.
• 13:36
  Speaker 1: You'll learn a lot.