Latest / Felix Nikolas Prehn's Podcast / Felix Prehn - THIS is the Biggest Stock Rally of Your Life + Stock Market News 04 December 2024

Transcript

Felix Prehn - THIS is the Biggest Stock Rally of Your Life + Stock Market News 04 December 2024 · Felix Nikolas Prehn's Podcast

• 0:01
  Speaker 1: Felix here and welcome to this live stream.
• 0:04
  Speaker 1: I'm incredibly excited.
• 0:06
  Speaker 1: Why am I incredibly excited?
• 0:07
  Speaker 1: Because I think we're at the very, very beginning opening innings of a tremendous rally and most people will miss most of it.
• 0:17
  Speaker 1: Most people won't take advantage of it, just like most people are not smashing the like button at the beginning of a YouTube video, which is shameful.
• 0:25
  Speaker 1: But let me dive straight into it and share with you what I want to share with you, because my intention is always to make you into the best informed investor out there, and for that you need to absorb some data points, some information, understand how to read charts a little bit, and some of that stuff sounds complicated, but it's actually much simpler than you think once you sort of open your mind to it.
• 0:47
  Speaker 1: And here is what's truly, truly interesting and some nice comments here in the chat.
• 0:54
  Speaker 1: Mark, you're very kind.
• 0:55
  Speaker 1: Thank you very much.
• 0:58
  Speaker 1: Now, what's so interesting about this rather complicated chart complicated chart?
• 1:02
  Speaker 1: It's basically showing you that the big, big breakouts happened, generally speaking, when we got what Anybody know.
• 1:18
  Speaker 1: We got government deregulation.
• 1:19
  Speaker 1: When we get deregulation and tax cuts, that's usually one of the moments where the stock market does really, really well, and right now we're in a place where we're going to get significant deregulation, we're going to get tax cuts and we have a major tech boom at the same time, and that has not happened since the 1920s and in the 1920s.
• 1:47
  Speaker 1: The market went up here in that period tremendously.
• 1:51
  Speaker 1: Right Now, during the internet era and we come back to the moment, the NASDAQ went up 144%.
• 1:57
  Speaker 1: We've done nothing like that.
• 2:00
  Speaker 1: So things, in my opinion, are about to get a heck of a lot better and exactly, we're going to get huge tax cuts, bigly tax cuts, and how is that going to matter?
• 2:14
  Speaker 1: There'll be certain stocks that are going to absolutely explode, and some already have done that, but some are just at the very beginning of that pattern.
• 2:22
  Speaker 1: And if you really want to change your life literally in 30 minutes, it's a grand claim, but I make that on the basis of the results that I see from my students.
• 2:35
  Speaker 1: One just sent me a picture this morning saying he's up $45,000 because of what we're doing, and you guys keep sharing similar stuff there.
• 2:43
  Speaker 1: So what do you need to do to learn how to spot those breakouts?
• 2:47
  Speaker 1: To me, that's the secret Spot breakouts and apply good risk management.
• 2:52
  Speaker 1: That's automated.
• 2:53
  Speaker 1: If you want to learn how to spot those breakouts.
• 2:55
  Speaker 1: What are you going to do?
• 2:56
  Speaker 1: Go to felixfrenzorg slash, get free Obviously at the end of this video, because you wouldn't want to miss a second now of all the tremendous insight that's about to come.
• 3:04
  Speaker 1: But make a note of it the link's also in the description of the video down below and watch it.
• 3:13
  Speaker 1: And, seriously, you will never look at a chart quite the same way again, but the truth is genuinely that the rally hasn't really started yet.
• 3:20
  Speaker 1: You see, 2024, this here is a slightly convoluted chart.
• 3:28
  Speaker 1: Bankers like to make themselves look smarter, but essentially in that weird sort of purplish color there we got a weird purple color from Bill.
• 3:33
  Speaker 1: Yes, we do.
• 3:34
  Speaker 1: In 2021, the rally is up something like 21% Now.
• 3:40
  Speaker 1: In 1999, we went up 102%.
• 3:44
  Speaker 1: In 1998, we went up 85% and maybe we overdid it a little bit back then.
• 3:49
  Speaker 1: A lot of the companies that were going up a lot had a bugger or profit, but we've done like a quarter of that in one year.
• 3:58
  Speaker 1: So could we do four times more?
• 4:00
  Speaker 1: Could we do eight times more?
• 4:01
  Speaker 1: Maybe, yeah, seriously, maybe it would be good.
• 4:05
  Speaker 1: Not every stock, but certain sectors and certain stocks and the NASDAQ right now, if you are a little bit of a chartist wise.
• 4:16
  Speaker 1: Thank you very much.
• 4:17
  Speaker 1: Yes, we are going to add Tasty Trade to Trade Vision, absolutely.
• 4:20
  Speaker 1: In fact, one of you guys already sent me a tasty trade csv file yesterday, which I really appreciate.
• 4:25
  Speaker 1: Right now we're adding robin hood and fidelity, because that was a poll I put out.
• 4:31
  Speaker 1: Once we add that, I'll do another poll, and the ones that are most popular we add them in that order.
• 4:35
  Speaker 1: So we'll keep doing that and we're gonna.
• 4:37
  Speaker 1: We're gonna add every broker there is to to trade vision in the in the coming weeks.
• 4:43
  Speaker 1: Why is the nasdaq at a crucial level?
• 4:45
  Speaker 1: Because can you see where we are trading?
• 4:48
  Speaker 1: I'll zoom in a little bit more.
• 4:49
  Speaker 1: We're trading here at $515.
• 4:52
  Speaker 1: And that was the recent high as well.
• 4:55
  Speaker 1: I keep using this weird purple.
• 4:56
  Speaker 1: Now the resistance sits at $520.
• 5:00
  Speaker 1: Still that weird green color.
• 5:02
  Speaker 1: That's that red line there, and let's get a red pen.
• 5:05
  Speaker 1: Can we get a red pen?
• 5:06
  Speaker 1: It's a bit more school masterly, isn't it?
• 5:08
  Speaker 1: There we go.
• 5:09
  Speaker 1: So all we got to do here is move up five points, literally five points, and what happens?
• 5:16
  Speaker 1: There is no longer any resistance.
• 5:19
  Speaker 1: In fact, there will be a vacuum effect that actually sucks the market higher.
• 5:23
  Speaker 1: I don't know why I'm drawing that line in red.
• 5:25
  Speaker 1: We're a bit color challenge today Five points higher and the floodgates open.
• 5:31
  Speaker 1: That's my humble opinion on where the chart's sitting and where the market makers are sitting.
• 5:35
  Speaker 1: And the chart here again is from Trade Vision and on the S&P it looks very similar.
• 5:40
  Speaker 1: We are 43 points below the resistance.
• 5:45
  Speaker 1: So again you go 43 points higher, which really isn't all that much considering what we've done here.
• 5:50
  Speaker 1: We were in the 5,800 not that long ago and again there will only be buying above 6100.
• 5:59
  Speaker 1: There is only upside there.
• 6:01
  Speaker 1: Institutionally, the way the market's set up, things are going to go up and up and up and up.
• 6:13
  Speaker 1: Okay, I see a lot of you guys.
• 6:14
  Speaker 1: Um, more brokers, adam Itoro, trading212.
• 6:18
  Speaker 1: Sure, we'll get through them all.
• 6:20
  Speaker 1: I'll put out another poll.
• 6:22
  Speaker 1: I'll put out another poll.
• 6:25
  Speaker 1: For sure, is the WhatsApp Felix Foundation owned by you, macro?
• 6:28
  Speaker 1: I know that sounds like a scammy thing.
• 6:30
  Speaker 1: Please report it.
• 6:31
  Speaker 1: We don't have any such things.
• 6:33
  Speaker 1: And if people ask you for crypto or something like that, then please don't send it because it isn't me.
• 6:38
  Speaker 1: If you are ever in doubt whether you get communication or whether that's me, drop me an email please.
• 6:43
  Speaker 1: That's the best way to find out, because my email is my email.
• 6:46
  Speaker 1: It is felix at goatacademyorg.
• 6:51
  Speaker 1: You know the scammers will put an extra I or an extra E or something somewhere in their Twitter or Facebook handles or some other thing out there.
• 6:59
  Speaker 1: It is unfortunately a reality of the internet.
• 7:02
  Speaker 1: When you get a little bit more recognized in terms of name, people will abuse it.
• 7:07
  Speaker 1: So please be careful and always feel free to drop me an email and verify that who you're talking to is is actually one of our team.
• 7:14
  Speaker 1: Now it gets better Because, best of all, nvidia is actually lagging the NASDAQ, and you might be thinking that's a bad thing.
• 7:27
  Speaker 1: Well, glass half full, glass half empty, kind of thing.
• 7:30
  Speaker 1: I actually think it's a glorious thing Because at the moment the market's a little bit cautious on the NASDAQ, on NVIDIA.
• 7:41
  Speaker 1: But there is a big room for that to move up and that move alone the NVIDIA catching up will shift the NASDAQ above its resistance line and the whole semiconductor space.
• 7:50
  Speaker 1: If you look at the whole space together, there is an ETF called SOX S-O-X and that is in this sort of pinnacle pattern here, which is basically you know we're struggling with pens today.
• 8:06
  Speaker 1: You know this blue line down, this blue line up, and what we managed to do here yesterday is actually close above the 200-day moving average line and that's a very, very important support line that's holding here for that.
• 8:20
  Speaker 1: So optimism is starting to creep back into semiconductors, which is very, very nice to see.
• 8:26
  Speaker 1: So will we be buying semiconductor stocks?
• 8:28
  Speaker 1: Possibly, yes, possibly, but the only thing that I ever rely on is the chart, is their volume.
• 8:35
  Speaker 1: Is the breakout the way we want it?
• 8:37
  Speaker 1: Are the two or three indicators telling us what we should be doing and when they are?
• 8:42
  Speaker 1: We have that breakout pattern and we tend to make a heck of a lot more money.
• 8:45
  Speaker 1: So check out the masterclass down below and I promise you it'll change your life for the better.
• 9:02
  Speaker 1: I didn't buy anything today.
• 9:03
  Speaker 1: I bought some stuff yesterday.
• 9:05
  Speaker 1: What did I buy?
• 9:07
  Speaker 1: I bought a few things.
• 9:08
  Speaker 1: I posted on Friday a couple of charts into our stock trading community.
• 9:13
  Speaker 1: I think I bought some magic.
• 9:14
  Speaker 1: What else did I buy?
• 9:16
  Speaker 1: I can't remember.
• 9:17
  Speaker 1: To be honest, you know, when you are a sort of stock agnostic and you're just buying on the chart, I often don't remember what the stock is that I bought.
• 9:25
  Speaker 1: I just set up the stop loss, I buy it on the chart and it works out.
• 9:28
  Speaker 1: It works out.
• 9:29
  Speaker 1: Make a lot of money.
• 9:29
  Speaker 1: If it doesn't, we lose just a couple of percent, which doesn't really matter.
• 9:33
  Speaker 1: Pre-market we're looking sort of you know, flattish, nothing particularly exciting.
• 9:38
  Speaker 1: Tesla is down 2%.
• 9:39
  Speaker 1: Why is Tesla down?
• 9:40
  Speaker 1: I think it's probably got something to do with this nonsensical story that Elon's 50 billion are once again tied up by a certain Delaware judge who seems to begrudge Elon, which is nonsense, because this payment has now been approved twice by Tesla shareholders with a very large majority.
• 10:01
  Speaker 1: So I have no idea why a judge would set that aside.
• 10:04
  Speaker 1: They'll go to the Supreme Court.
• 10:05
  Speaker 1: I think they'll win.
• 10:06
  Speaker 1: So it's just one of those things.
• 10:07
  Speaker 1: I don't think it really matters.
• 10:09
  Speaker 1: But if you look at the actual stock chart here, what do you see?
• 10:13
  Speaker 1: Well, you see our resistance at 360.
• 10:16
  Speaker 1: You see, we hit that yesterday right there at the top, briefly came back down and now we're trading slightly below yesterday's trading range.
• 10:23
  Speaker 1: Nothing dramatic, nothing to worry about.
• 10:26
  Speaker 1: Honestly, not a thing.
• 10:28
  Speaker 1: We gapped up yesterday.
• 10:29
  Speaker 1: That was very, very bullish.
• 10:36
  Speaker 1: Aruna, you're getting an internal server error, aruna.
• 10:38
  Speaker 1: Aruna, would you send a screenshot of that to support?
• 10:42
  Speaker 1: That would be tremendous, because then we can fix it.
• 10:45
  Speaker 1: Let us know what ticker you see it on, or just tell me here what ticker it's on and I'll forward it.
• 10:50
  Speaker 1: So Apple Meta says meet my any other stocks.
• 10:58
  Speaker 1: You want us to look at PayPal?
• 10:59
  Speaker 1: Let's have a look at Nvidia here live, first of all, because that really really freaking matters.
• 11:04
  Speaker 1: And yeah, it's, it's, it's limping, right, it's limping slightly, which is which is better than falling, but we're still only three points above the support level here in trade vision, and if you want to get yourself that Black Friday offer on trade vision, you still can.
• 11:25
  Speaker 1: So go to fredriksfrenzerorg.
• 11:27
  Speaker 1: Slash trade vision on that front.
• 11:29
  Speaker 1: So it's below the support line here, not brilliant, but recovering a little bit.
• 11:34
  Speaker 1: You could argue that it's an opportunity, as we're bouncing off the 50-day moving average line, which we haven't done since October, when we were trading at 1.16.
• 11:44
  Speaker 1: So for the contrarian, perhaps an opportunity.
• 11:47
  Speaker 1: Let's have a look at some of our tech favorites SoFi, for example, on.
• 11:53
  Speaker 1: Did someone say money?
• 12:03
  Speaker 1: Absolutely, that's what we're here for.
• 12:04
  Speaker 1: Isn't that what you're here for?
• 12:05
  Speaker 1: Is that what you're here for?
• 12:12
  Speaker 1: If you're here to make some money, say I am in the chat, okay, put it in the chat if you're here to make some money and we'll help you do that.
• 12:15
  Speaker 1: So if I am looking good, I would say, okay, slightly below yesterday's trading range, but nothing really to worry about.
• 12:21
  Speaker 1: Above the support and resistance lines, which have just sort of collapsed at 15.66, that still looks pretty good.
• 12:27
  Speaker 1: Palantir very impressive.
• 12:28
  Speaker 1: Did you see that video they put out on Ferrari?
• 12:31
  Speaker 1: I'm thinking of making a video on that.
• 12:34
  Speaker 1: I thought that was incredibly impressive and really sort of visualizes what they actually do.
• 12:39
  Speaker 1: Palantir also at the bottom end of yesterday's trading range here, but still at $66.
• 12:44
  Speaker 1: I think we're pretty happy with that, aren't we?
• 12:46
  Speaker 1: That was the breakout on Palantir.
• 12:48
  Speaker 1: Where was it?
• 12:48
  Speaker 1: Where was it To go back a while, didn't you?
• 12:51
  Speaker 1: Arguably, this was one here the 20th, but I think the real one was here after earnings in August, right Just after earnings here August 6th.
• 13:01
  Speaker 1: That was the real breakout, big volume, and that would have gotten you in at $26, by the way, so more than doubled your money by now.
• 13:09
  Speaker 1: I say someone say SMCI with a please.
• 13:13
  Speaker 1: Thank you very much, grayson.
• 13:14
  Speaker 1: Appreciate that, aruna, you're here to make money Brilliant.
• 13:17
  Speaker 1: Appreciate that, aruna, you're here to make money, brilliant.
• 13:22
  Speaker 1: We should do a fashion competition with dan ives.
• 13:24
  Speaker 1: Um, I, I will uh pretend to take that as a compliment.
• 13:27
  Speaker 1: He's, he's a colorful fella.
• 13:31
  Speaker 1: That's that, that's for sure.
• 13:32
  Speaker 1: Uh, smci.
• 13:34
  Speaker 1: Yeah, that was a big volume, big move yesterday.
• 13:40
  Speaker 1: What was my caution with that?
• 13:42
  Speaker 1: Two cautions we're below the 150-day moving average line I think good ever comes out of that.
• 13:48
  Speaker 1: And the yellow line here, that 50-day moving average line, is still sloping down.
• 13:54
  Speaker 1: So do I buy in those situations?
• 13:56
  Speaker 1: I don't.
• 13:57
  Speaker 1: No, that's the 150 moving average line.
• 14:00
  Speaker 1: So no, I don't.
• 14:01
  Speaker 1: So I'm not bottom fishing at all, not interested.