This is the most manic market I've ever seen, so many stocks with PEs > 30 just going up 3-4% a day on no news? Agreed on WMT. I remember in 2016/17 the market freaked out that WMT was bubbly because the PE got to the high 20s. Now we're pretending a PE of 45 and 1% dividend yield are normal
@@abvincent12 I've lost patience. I hate this market. It's just printing money for already rich people while regular people are getting laid off, with the backdrop of both parties having horrible financial policies. A dark time for the non-rich
Do yuh have any idea how parabolic the market have been going? A 20% pull back I'd very possible... There are may factors that can easily take it even below that.
All media use this lingo for excitement and engagement. Frankly I'm tired of hearing it - I'm also tired of commercials but they're still around for some reason 🤷
Listen to the first 30 seconds of this man’s words - ‘throw a dart at any stock and you are making money’… the euphoria phase has begun. It will end with anger, blame and finger pointing.
I don’t think he’s wrong at all, but interesting the headline makes it seem like he’s talking about this correction coming next week, he’s talking late Q1 or Q2 of 2025, well into the year, where recent history shows us a correction usually occurs after a winter bull run (this year it was around March). So the foolish will see this headline and not be invested through this holiday season. We are absolutely heading into a Santa Claus rally 🎅🏻
I can't take him seriously - he couldn't give any solid reason for the drop except that stocks are super high. They earned their way to higher highs. Target under performed and got crushed. He needs to do better than "things are high," "things are too good." Stocks always pull back, that's normal but he has no rational basis for a huge drop. He is costing clients money by recommending people wait.
We have had 3 10% corrections this year. Will there be a 10% or greater correction next year, probably. This is standard from a historical perspective, however, his index fund solution is not the answer….
Reminds me of all these people talking about Dogecoin blazing upwards. Sure, it MIGHT hit it's previous high of 72 cents, or even a $1. But some "analysts" are throwing out $23 and some change and $3 and yada yada. Like, where you getting these numbers from?
GTFO. He says there's plenty of FOMO money sitting at sidelines that missed the run up, then the says beware of 30% correction. There aint gonna be 30% drawdown with FOMO money looking to jump in at 10% correction.
Eventually, they will be right , its insane to keep predicting a correction , it may come from 50% higher from now , there are plenty of stocks , below their 2021 values . Are you seeing rhe current earnings and earnings growth . The fact that he is timing the market makes him look immature
I want one of these talking head jobs. Read graphs, pull some random information out of your @ss, Talk about stocks going up but sometimes they go down and then sometimes they go sideways. Easy money.
See how hes messing with you by saying market downturn 6-12 months. It probably mor like the next 2-4. Hes on the side of the rugpull, but wants you to think its going tpo be later than it is. After the santa rally id be inclined to be a good 50-60% cash so you are liquid for the pullback
This guy makes no sense at all. Why would you buy index funds like SPY if you expect a 20 to 30% correction??? Index funds go with the market so they would drop 20 to 30% if we have a 20 to 30% correction. If anything; you'd take your profits before a correction and leave mostly in cash and maybe buy some gold or silver or other holdings that tend to rise when market sentiment slips
Have fun timing the matket, come bavk and let me know how that works for you. Once you figure out the markets ups and downs are driven just by people moving money around. You start to understand the doomsday people on youtube. If the market goes up 100% and pulls back 50%. Ill take it
Iran is not pronouced as " I ran", no one in running here 😂😂. Seriously, how can one pronounce name of a country just so wrong. I am no fan of Iran but the pronouncation is just so far off that I had to comment.
This is the most manic market I've ever seen, so many stocks with PEs > 30 just going up 3-4% a day on no news? Agreed on WMT. I remember in 2016/17 the market freaked out that WMT was bubbly because the PE got to the high 20s. Now we're pretending a PE of 45 and 1% dividend yield are normal
didnt it have like 100-200 once?
I remember we used to pay alot higher ratios for these growth percentages
Check out the pps, PE and insider sales on cvna - you'll be amazed.
Be prepared - they will eventually sell you their wal mart stock at a PE of 16 when the euphoria wears off. Patience!
@@abvincent12 I've lost patience. I hate this market. It's just printing money for already rich people while regular people are getting laid off, with the backdrop of both parties having horrible financial policies. A dark time for the non-rich
I love the money managers that give you a big, broad smile as they stick the knife in and twist it.
Enjoy better returns by ignoring the 'analysts'
Nothing wrong with talking about risk management
The trend is your friend. We are in a confirmed bull uptrend especially in growth. Small caps are still way undervalued.
Almost everyone here is trashing thid guy....
Because they potentially bought at the top lol
No one minds a crime/scam if they're getting something out of it without having to commit it 💁🏼
correction is 10%, 20-30% is a bear market
you also need to break long term trend lines to be an official bear market. "Just dropping" 20% from these hysterical levels won't do that
@@istvanpraha20% drop is always a bear market. Period. That's the literal definition. You do not call 20% downturn a pullback.
Do yuh have any idea how parabolic the market have been going?
A 20% pull back I'd very possible...
There are may factors that can easily take it even below that.
@@UziGameGPaccording to whom? It’s not uncommon for primary uptrends to experience 50 - 70% retracements
That is correct 20-30 is bear market
Worst black friday sales are coming, which will cause the likely correction, just my opinion :)
Ha, yeah. Every year it's another record - but people are broke, how's that work?
😵💫🤯
As the saying goes, you can't time the market. This is even more true when you hear words like 'could' 'may'.
All media use this lingo for excitement and engagement. Frankly I'm tired of hearing it - I'm also tired of commercials but they're still around for some reason 🤷
The person that made that saying famous has made a living timing the market.
Listen to the first 30 seconds of this man’s words - ‘throw a dart at any stock and you are making money’… the euphoria phase has begun. It will end with anger, blame and finger pointing.
Nice to listen to this guy talk descent
I don’t think he’s wrong at all, but interesting the headline makes it seem like he’s talking about this correction coming next week, he’s talking late Q1 or Q2 of 2025, well into the year, where recent history shows us a correction usually occurs after a winter bull run (this year it was around March). So the foolish will see this headline and not be invested through this holiday season. We are absolutely heading into a Santa Claus rally 🎅🏻
I can't take him seriously - he couldn't give any solid reason for the drop except that stocks are super high. They earned their way to higher highs. Target under performed and got crushed. He needs to do better than "things are high," "things are too good." Stocks always pull back, that's normal but he has no rational basis for a huge drop. He is costing clients money by recommending people wait.
what about gold? If market is down, is it better safe to dump all assets into gold?
No, it will be taken to the woodshed in the sell off as well. Then buy.
Not happening tho
During the 2022 bear market, spx dropped less than 30%. This guy doesn’t know the difference between correction and bear market.
Nobody is selling until at least February 2025
Not like anyone has a tax loss sales this year that's for sure.
Fascinating video
He mentions Eli Lilly for dividend? they don't pay much?
He skipped over the ETF question.
We have had 3 10% corrections this year. Will there be a 10% or greater correction next year, probably. This is standard from a historical perspective, however, his index fund solution is not the answer….
The election is over.
Says China tariffs will be bad but recommends Amazon, the largest seller of Chinese stuff in the US.
Friggin Democrats and their incredible economic policies.
Specifically?
He must have missed out 😂
exactly. the fearful money that missed out on this 2nd half surge will jump in at 10% correction.
90% pullback Monday lMAO STOp!!!
Reminds me of all these people talking about Dogecoin blazing upwards. Sure, it MIGHT hit it's previous high of 72 cents, or even a $1. But some "analysts" are throwing out $23 and some change and $3 and yada yada. Like, where you getting these numbers from?
GTFO. He says there's plenty of FOMO money sitting at sidelines that missed the run up, then the says beware of 30% correction. There aint gonna be 30% drawdown with FOMO money looking to jump in at 10% correction.
Eventually, they will be right , its insane to keep predicting a correction , it may come from 50% higher from now , there are plenty of stocks , below their 2021 values . Are you seeing rhe current earnings and earnings growth . The fact that he is timing the market makes him look immature
lol, slow news-day i guess. a 50% or 80% market pullback would also counter this market. and yet here we are.
I want one of these talking head jobs. Read graphs, pull some random information out of your @ss, Talk about stocks going up but sometimes they go down and then sometimes they go sideways. Easy money.
Yeah. It’s a very frothy bubbly boiling pot.
Hum...are you trying to put me off investing?...
I wont work...
I am buying more...I am buying as much as I can!!!
I didn't hear anyone trying to discourage you from buying, just saying a correction would come.
Stop loss risk management
See how hes messing with you by saying market downturn 6-12 months. It probably mor like the next 2-4. Hes on the side of the rugpull, but wants you to think its going tpo be later than it is. After the santa rally id be inclined to be a good 50-60% cash so you are liquid for the pullback
A correction…. Really
Ignore whatever this guy says. Nobody can predict the stock market you’re talking about the entire United States economy.
This guy looks like a seller
This guy makes no sense at all. Why would you buy index funds like SPY if you expect a 20 to 30% correction??? Index funds go with the market so they would drop 20 to 30% if we have a 20 to 30% correction. If anything; you'd take your profits before a correction and leave mostly in cash and maybe buy some gold or silver or other holdings that tend to rise when market sentiment slips
This channel blows away cnbc and I don’t have to hear Cramer’s high pitched whiny voice.
Anyone who opens his mouth and says this has simply missed all rallies and gains OR is manipulating the market. Either way get these clowns off tv.
Have fun timing the matket, come bavk and let me know how that works for you. Once you figure out the markets ups and downs are driven just by people moving money around. You start to understand the doomsday people on youtube.
If the market goes up 100% and pulls back 50%. Ill take it
Iran is not pronouced as " I ran", no one in running here 😂😂. Seriously, how can one pronounce name of a country just so wrong. I am no fan of Iran but the pronouncation is just so far off that I had to comment.
This guy a democrat?
Analysts talking about Pull Backs. They dont know.
would be a walk in the park for me 🥱