Welcome back to the VRA Investing Podcast! In today’s episode, host Kip Herriage dives into the explosive moves in the market, with record highs across all four major indexes—including small caps, tech, and semiconductors leading the charge. Kip shares how the VRA Investing System is flashing a “backup the truck” buy signal and why recent rally strength is defying persistent negative investor sentiment. He pulls back the curtain on the “psyop of negativity” in financial media, exposes the fear-mongering tactics designed to keep investors sidelined, and explains why the current melt-up in the market is built on solid structural foundations—not speculative bubbles.

Don’t look back. The market is closed. Good Monday afternoon, everyone. Kip Herridge here with the daily VR investing podcast. Hope you had a good day today. Hope your weekend was fantastic as well. I know our hours was here. Got a lot of work done around the house this weekend and watched a little football and Texans even won.

So one of those rare Sundays when we had a lot of reason to celebrate. Listen, what is this? A broken record? I mean, I know it must come across that way. Massive move higher on Friday. Massive move higher again today. Led by tech, led by the semis. This is again, this is textbook bull market action playing out day after day right in front of our eyes. What’s powerful about this, really? Remember last Thursday we told you that our VR investing system, we said this on our, on our members zoom. On Thursday night, our VR investing system upgraded.

It upgraded itself to 10 out of 12 screens. Bullish. Again, for those that may not be familiar with this, we have 12 screens. Eight fundamental, four technical. And anytime you got. Frankly, if you’ve got seven screens, bullish, that’s a buy signal. But when you have 10 out of 12 screens, bullish, that’s a backup, the truck buy signal. And that’s what we told you last Thursday.

[00:01:20]:
And that’s look what’s happened on Friday and Monday. And again, it’s not. It’s not that our. Because our very investing system went extremely bullish. Back of the truck bullish. Meltable market bullish. That’s not the reason the market’s going up. The reason the market’s going up is all the reasons we’ve been telling you the last three years.

We now have a structural bull market that is in melt up mode for all the right reasons. This is not a phony baloney bubble rally. This is not a market you have to go to bed at night being worried about, oh, my God, are we going to give it all back tomorrow? I mean, obviously that’s always possible, but this is because we have so many people scared shitless. And let’s be honest about this, this a psyopic negativity, which something that I started talking about this many years ago. And if you’ve been with us here, you know that I have. And when I first started saying this, I had people like, what are you talking about, man? Psyop of negativity. What the hell is that? Kind of. Are you writing a fiction movie? This is like a James Bond movie or something.

What are you even talking about, Kip? It sounds insane. Well, I’ve had this conversation with a Lot of people. Now we’ve had. Tyler and I both had, and it was obviously in the book, the Big Bribe and I pretty much fleshed it out and I think it’s exactly right. Okay. Because nothing else makes sense. How is it someone explained to me how it’s possible that we can be at all time highs again Friday? Today, by the way, today all time highs not just for the three major index, but the small caps as well. That’s the first time they’ve all closed at a, at a, at a new high, I believe for the year.

Now we did have. That’s not true. We, we had a day back in. I’ll go back and I’ll go back and check my notes so I get this right for tomorrow morning’s letter. But this is rare. It’s rare to have this happen. And small caps just missed an all time high on Friday. So this is essentially back to back days with all four indexes at all time highs.

[00:03:15]:
And that doesn’t happen a whole lot. But I, the thing that makes no sense and the reason I think this is such a massive buy signal is that, is that investor sentiment remains in the toilet. It’s, it’s absolutely in the toilet. You, how can you have this kind of strength, right, with textbook bull market action? Semis leading. Nasdaq, NASDAQ leading the market, right? This is again today, semis up today. Semis were up 2.7% today. Nasdaq up 1.9%. That’s not just textbook.

That’s not just textbook, right? That’s textbook on steroids, folks. And there are no signs this is going to slow down. But how can you have this kind of strength when you have the fear and greed index again in the toilet? The AAI Investor sentiment survey in the toilet. Let me get the latest. Fear and greed. Surely it’s popped up some today after this, around the last two days, rallies, right? Oh my goodness. I haven’t checked it all day. Honestly, I hadn’t.

37 fear index is at 37. That’s, that’s smack dab in the middle of fear territory. We know from last week’s AAI Investor sentiment survey, which is a weekly survey. I’ve voted in that since like 1988, 1989. And we know from last week’s survey there are still more bears than bulls, okay? And look, we know that there are other surveys that don’t flash this kind of negativity, okay? But what we know because we’ve used these surveys for a long time is when you have this set up because the markets aren’t wrong. The markets are always right and nobody’s smarter than the markets. That’s why I see people that are like, well, this shouldn’t be happening. Oh, this is going to be bad when it turns like, man, what are you talking about? You’re trying to make us believe that you’re smarter than the market.

[00:05:14]:
So when you see these strategists, okay, and these perma bears and these fear mongers, and they’re everywhere because they’re doing it for clicks, right, they truly do not believe what they’re saying because if they did, they would be depressed all day, every day, every night, they wouldn’t sleep, they probably kill themselves. That’d be that bad to be that wrong over and over and over, year after year. So this is not real. They’re doing this for money or they’re doing. Because they’re paid to do it. And again, that’s where the psyop of negativity comes in. Look, years ago I did some work on this and a lot of, you know, Zero Hedge, okay, Zero Hedge is they’ve changed their tune. They were always perma bears, they were complete fear mongers and they were being paid to do it.

And I’m absolutely convinced it, because they could take any news report, they could take any, any, any piece of economic data, any piece of earnings data, right? And they could make it, they could turn on its head and somehow make all these record highs look like horrible news. And you, if you, if you know the side at all, you know what I’m talking about, they’re not alone, right? Gateway pundit, frankly, does the same thing on the financial side, but they, they kind of stop. I’ve actually, I’ve actually, I think I have something to do with it, tell you the truth, because I’ve reached out to him. I was like, you know what, you just, you got to stop lying to people. You, you want people to believe you and that you’re a source of reliable information politically, but you’re putting out stuff on the economy and the markets. And I don’t care if you don’t like who the President is. At the time, it was Biden, but this isn’t true, and here’s why it’s not. And so they’ve gotten better.

But Zero Hedge, just complete lies. And I think, again, as far as the cybernegativity, there’s two reasons here that it’s happening. Number one, if these sources of negativity are being paid to be that way, why would they be why would they be paid? 2 reasons. Number one, it’s easier to control people when they’re in fear. This is a, this is a long running piece of government psyop knowledge. Okay? It’s not exactly a secret that if you can keep people in fear, you can control them much more easily. That’s number one. Number two, if you’re really, really wealthy like I’m talking about, you’re one of the billionaires or you run a company with a bunch of that has, you know, billionaire status tied to it and let’s say you work in the financial world.

Let me ask you a question. If you believe, as we’ve been telling you that we do, that we are in a generational bull market that you must own inflationary assets because they’re all going up and they’re all going to keep going up, right? It’s our job to find the best ones, right. And then the best subgroups to invest in. But if you believe that’s the case and you see a window of opportunity, you think, you know what this is going to be one of those runs, man, we’ll look back on this to go, can you believe that decade? Wow, what a decade that was. You know, make.com look like it was a one week fad. But if that’s what you believe, what do you want the investing public to believe? Do you want them knowing this knowledge? Do you want them buying right there with you? No, you want them afraid to buy anything. So these articles are planted, planted about how bad things the next 2008 is right around the corner. Because if you notice these articles all read the same.

[00:08:56]:
They’re just rehashed. They just rehashed. Probably cost them nothing to run these p. Get these pieces run. You probably pay zero hedge a thousand dollars per per article and say just run, run this, you know, three times a month. We’ll just, we’ll give you a kind of a clean copy of it, right? So it reads new. But we, we want to, we want this to run. We want this out there and then amplify it times all the media because what we know about the financial media is they’re liars.

They’re just absolute liars. If you watched any cnbc, which I obviously, if you know me at all, you know, I boycott a CNBC starting and during the pandemic because they were propaganda. They were propaganda central. They wanted everybody living in fear. They wanted you wearing your mask, they wanted you believing the government, they wanted you begging for a vaccine, right? Jim Cramer wanted to said on Air that. And this is what did it for me really. When Kramer said, look, we should use the government, should use the US Military and take them out and vaccinate people, go door to door and forcibly give people the jab. That’s what Jim Cramer said.

[00:10:06]:
So look, CNBC is unwatchable. Bloomberg has gotten better. They have gotten better. In the morning I gotta watch something, right? For me, Fox Business is a little too political in the morning. I really want just market oriented stuff. So that’s what I watch early in the morning. Throughout the day, my TV’s off essentially, unless there’s big, big, big, big, big news breaking. And if there is, again, it’s Bloomberg that I use or Fox Business because like Charles Payne show is fantastic and some of the others are very good too.

But typically I’m locked into the market and I’m not watching the TV anyway because it is, it is tell I vision. You know, they, they are not, they are, they are paid to, not to be honest with you. And these, I got to tell you, these big pharma commercials are just so sickening. How sickening are these big phone. When I saw, what was it a couple months ago that Trump and RK Jr said that they were going to force these big pharma companies to list every side effect that have to be mentioned with all the negative feedback in every commercial, meaning that every spot they did would have to be like three, four minutes long. They can’t just rattle off like if they’re an auction, it’s so fast you can’t hear them. And then if you read the 5 print at the bottom of the screen, it’s like you have to have magnifying glass to read this and pause your, you know, use your remote, pause that. You go up to close to the tv the max.

I mean it’s so small and there’s so much of it. And so that was so exciting. I haven’t heard anything about it since. Right. But again, there’s not a lot of good reasons to watch television anymore. And I feel for people that do. I really do. And I know these people, okay? I have these family, I have these people in my family and they’re always, they’re always, they’re always taking the government side.

[00:11:54]:
You know, you’ll say something that Trump has done or something that, you know, something good happening in the markets, in the economy. And they’re like always, they always have the, the flip side, right? And you’re like, would you get that from cnn, cnbc? Oh, did you get that from from NBC, of course. I know a lot of, a lot of ladies that watch NBC in the morning and it’s just, it’s just complete propaganda. Right? So anyway, the point being there is a well defined psyop and negativity. We’re seeing it in these consumer sentiment surveys. We hear it constantly, non stop. If you’re on social media like I am, you hear oh, but the $37 trillion. Don’t you understand what that means, Kip? We can’t survive 37 trillion and we can’t survive.

Like, can we just take a break, break here? Because I’ve been hearing exactly this since I became a broker in 1985. That’s exactly what I heard when I first got into business. And to make it very, very plain and very simple, when you have the world’s reserve currency, government debt is largely an illusion. You just print. You just print, print, print. Look at what we’re doing. And there is a strategy here with Trump and Bessant to continue to monetize their debt, to use inflation to our advantage. When fixed rate of interest on debt, which is what our government debt is, if you do it right, you can have just a little bit more inflation with more economic growth, GDP of 4, 5, 6%, which is where we’re going, we’re almost there now.

[00:13:31]:
And you can actually pay down your debt by commandeering inflation, making it work for you instead of against you. And that’s what they are doing this. Okay, this is not a mystery. We’ve talked about this a lot here. So yeah, but no government debt when you have the world’s reserve currency. Of course that’s US dollar government. That is largely, not even largely, it’s an illusion. Let me ask you a question.

If you’re worried about that 37 trillion, who exactly is going to make us pay that back? Who? China, Russia, I mean who Japan? Are they going to make us, they’re going to force us to pay that back again? We just print in a worst case scenario as much as we needed to and then, or like issue a $30 trillion coin, monetize that? I mean these are things that all. I would not be surprised. I don’t expect it to happen. But would I be surprised to see Trump and Bessant, who are brilliant financially, brilliant financially. Again. Remember, Bessant’s hated by a lot of people because he worked with Soros. He learned the insiders tricks from Soros. Okay, now I’m sorry, but if I’ve got a, if I’ve got economic problems to tackle, I Kind of want to know from the guy that knows how to take down the bank of England.

I want, I want that knowledge on my side. Do you not again, a lot of people, again, this is the fear mongering. So it’s just so dug into people that they’re just like, how can you be bullish? Don’t you see what over the weekend I had a guy on social media, you know, because I, I try to be a voice of reason and I try to be a voice of sanity because this is what we talk about here. You’re not hearing it anywhere, are you? No, you’re not. You’re not hearing about $22 trillion in M2 money supply. You’re not hearing about what is now $37 trillion in home equity, right? 40% of homeowners have no mortgage. They paid out their home. Average home Equity is now 70%.

[00:15:33]:
US companies have literally never been in better shape. Debt to market cap at 50 year lows, right? And the same thing for the consumer. First America, Remember Second America, I come Third America, okay? Second America just doesn’t matter. The market. Stop, stop, stop all that noise. Stop. It doesn’t matter. The markets don’t give a about second America.

It’s all about the first America. We’re talking about investing here, right? We’re talking about being the right side of the markets, right? So I don’t mean to hurt feelings here, but again, I don’t even come from second America. I really don’t think, I think that we were third America. That’s how broke we are growing up, right? Didn’t know it at the time. You know, when you’re young, you don’t, it doesn’t, you know, you don’t know you’re broke, right? You get to be about 10, 11, 12 and start getting invited over to parties and friends houses for the night. You start to realize, okay, their house is a bit different than mine. It’s a little different than the mobile home that we live in. But again, that’s when I realized, okay, I don’t want this for my kids.

You know, that’s when I realized, okay, I gotta be, I gotta be smarter. I gotta try something different, you know, because I don’t, I don’t want this. And so again, I know that I’m speaking to, preaching the choir here. Because folks, we’re hungry. You’re on this podcast because you’re hungry and you want better. You want to beat the markets. You want to leave a serious nest egg behind, right? You know, you want to make sure Your kids are well taken care of and that your retirement plan, you can travel the world, do whatever you want to. Right? And so my guess is probably 80% of people listening to this podcast come from about the same background as I do.

[00:17:07]:
We’re hungry, right? We’re hungry. And that’s why I tell you that, you know, like, over the weekend, I was putting out something positive about the economy. And my view is that the midterms, you know, Trump, we’ve talked about this before, basically, and I shared this morning our letter. No one’s more aware of the importance of the midterms than Trump and Bessant. Right. Because we have, by we, I mean common sense, normal, patriotic Americans. We have the Communists down, right? We have the Communists down on the mat. Now it’s time to not get knocked.

It’s time for the knockout punch. It’s time to put them out of their misery and let them go form the Communist Party, which is essentially what they’re doing now anyway, with the MacDonald, where his name is in New York. And now it’s time to really just again, completely put them out of their misery. And that’s what they’re going to do in the midterms for next year. And to do that because they understand that voters vote with their, with their pocketbook. They need the stock market melting up, they need the economy on fire. And that’s what Trump’s in such a hurry to get all of this done with the one big beautiful bill, pretty much everything in it. You now see that.

[00:18:23]:
We got the news over the weekend. Oh, it’s like we’re going to have a trade deal with China. Right. You know, just a couple of weeks ago, Trump was putting another hundred percent tariff on him. Right. And so, you know, all of this is, every one of these has been a buying opportunity. But point being, I think that there, I think we have clear signs here that they are going to purposefully melt the economy and the stock market up going into next year’s midterms. So you can really bury this insane far left party and kill this.

Look at what happened in Argentina over the week. How amazing was that, right, With Milei? I mean, the media said that he was going to lose. It was an absolute blowout. That’s the power of Trump. It is. He is a remarkable human being. He gets behind something and he does it with passion. And as you can tell, it’s something he believes in.

[00:19:15]:
This is not just, oh, I’m just, oh, I’ll go do this. Oh, you pay me to go do. No, he believes in this stuff. And then huge victory there. And that’s so important, of course, South America, because you have to know that our enemies would love to take control of our Southern hemisphere, right? So, yeah, the midterms are important. This market is going to keep melting up now. We got the Fed cutting rates, we got a US China trade deal. It looks like it’s coming up soon Again, Trump and Z are meeting this Thursday, I believe it is.

And again, over the weekend, I was putting out some of these positives and somebody said, kip, don’t you know that 50% of college graduates can’t find a job? And I’ve seen this before. I had seen this before. Now the great thing about Twitter, this is on Twitter. You can check this out, my Twitter feed. The great. What I love about Twitter now is you can use GROK to, to make your case for you. Like I pretty, I knew the facts I was putting out were facts. And so this person, you know, subtweets, don’t you know that 50% of college graduates can’t even get a job? So I, I went below to replied to him at Grock, is this true? Is it true that 50% of college graduates cannot get a job? And GROK is like, this is absolutely false.

[00:20:32]:
The number might be 5%. And here’s the reasons. It’s just, it’s, it’s phenomenal to be able to use grok. Look, it doesn’t mean Grok’s always right, but I think Tyler will back this up. And a lot of people use an AI based program like this, an information program. GROK is the best I’ve seen. It’s absolutely the best I’ve seen. And it’s very reliable.

Not again. Not that they don’t make mistakes. It’s good to, you know, sometimes you’ll go, that doesn’t sound right. Can you double check that for me? Oh, you know what? Good catch. There was news yesterday that changed this outcome a little bit. So, you know, you always want to follow up, do a little more digging, right? And there are others you can, you can test it against. But the point being is that there are just so many people out there and we hear from that just remain so bloody negative. And this is just not the time for that, right? This is in 2008.

[00:21:20]:
This is a, this is going to continue to be a generational bull market. And the key is it’s just getting started. And we’re going to find out this week, aren’t we? Because we got big tech earnings this week kickoff. Matter of fact, I think today we get again. I’m doing the podcast right now, but I think Alphabet is reporting here. Let me just do quick Google. These name changes. Oh, I think we got, we must have earnings out.

Kip Herriage [00:21:44]:
Google’s trading up 4% in the after hours. Let me just double check this. So much news here. I don’t see earnings here. They’re talking about earnings, but I don’t think, I don’t think they’ve come out. Anyway, big week for earnings. We got Google today literally anytime now. Alphabet tomorrow, Advanced Micro Devices again, the semi today up 2.7% or something.

Just I mean that’s your buy signal right there, right. So must lead everything in both directions. Wednesday Microsoft and Meta and then Thursday Amazon and Apple. So you know, this is the most bullish time frame of the year. It just started by the way, today. Welcome to, welcome to the most bullish time frame. Seasonality says you must be long and strong from here to the end of the year. That’s what it means.

I shared that chart this morning that shows seasonality. This is it where they are right now. By the way, tomorrow is interesting. Tomorrow is the, the most bullish day of the year. I do not know why that is, but tomorrow, October 28th is the most bullish day of the year. Someone can figure that out for me. Let me know why that is. I will tell you.

Look what’s coming up. You know we got in the month, right? Tomorrow’s close. In a month you get a fund flows coming in. We’ve already got unbelievable fund flows again into money supply. 22 trillion share buybacks now, by the way, are on track to top $1.2 trillion this year. That’s another all time high. This is the busiest repurchase time frame for, for buybacks again. I think that’s probably a part of the reason why tomorrow is the most bullish day of the year.

[00:23:33]:
Again. This could be buying for November and December and then you know, again retirement fund flows come in and the markets front run this. That’s the point I’m trying to make the markets front run this. The markets know, okay, this is gonna be like $2 trillion worth of buying coming in in the next two weeks. Right, let’s go ahead and front run that. You know, let’s make some money in advance. And that’s what’s happening here. And of course don’t fight the Fed, don’t fight the tape.

[00:23:56]:
That’s the, that’s the oldie and the goodie, is it not? That’s the, that’s the one that goes all the way back, like 19, late, late 1970s for that. That old Wall street adage, don’t fight the tape, don’t fight the Fed. And we’re getting a good Fed rate cut. Of course, this Wednesday should be a half point. It won’t be because that’s Jay Powell. It’ll be a quarter of a point. I don’t think it matters really more because we’re getting the, the direction is. That’s the right direction.

Right. And if you’ve also seen the news, Trump investors saying they’re going to release pretty soon the recommendation who they’re going to point as a fetch air. That’s, that’s going to be interesting. There’s like four or five people right now up running for it. I have no clue who’s going to get it, really. Haven’t even spent any time looking at it. It’s a. Why? Why? It doesn’t matter what I think about that, does it? It’s not, it’s not going to be beset and it’s not going to be Trump, but it’s going to be one of these other four or five people.

And the key there is that let’s get this. Remind everybody in May, he’s gone, right? He’s gone in May. And so that’s significant because rates are going to plummet from there. Absolutely plummet, because they should be doing it anyway. And let’s just stop this nonsense about inflation. That’s another reason. By the way, if you’ve noticed, I saw a bunch of bears this weekend that flipped from bearish to bullish a bunch. And they used the cpi, they use that bullshit CPI release on Friday as the reason.

[00:25:20]:
I mean, I’m sorry, gotta be honest with you. That’s absolute chicken for somebody that’s been bearish this whole time. I still want to name names. All right? I so want to name names because a couple of these people are real. They’re just jerks. They’re like, they’re, they’re like, they play like they’re the online cop to people, like they’re the enforcer of what you can say on Twitter, you know, and they’re just, they’re dorks. I mean, if I’m being honest, they’re just, they’re just financial dorks is what they are. Okay, man.

I actually, I still want to mention a couple of names, but, you know, I’m not, I’m not going to do it. I’m going to resist the urge. I, I Might think about writing at least one of them up because he’s been so wrong, so, so wrong. And then he just said over the weekend he said, you know, I think that’s the CPI data was the convincer for me. That was the convincer for me. And so you know what? We’re not, I don’t think we’re going to be bearish anyway. It wasn’t even a full throated embrace of being a bull. It was, I, I think that we’re gonna, we’re gonna go ahead and we’re gonna change course here.

You know, like my goodness, man, that is just weak. That’s some weak sauce right there. But one thing about, you know, about us, we’re always going to tell you exactly where we stand and you know, we’re trend followers so we’re not going to try to tell the market what to do because the market is screaming at us every day what it wants to do. We just have to pay attention to it. Right? Okay, what else? Today again, big earnings week, tons of liquidity. U.S. china trade deal. Oh, good stuff from Tyler.

[00:26:46]:
When the Federal Reserve is cutting rates with the market about 2% or less from all time highs over the next 12 months. The market’s up 100 of the time with really good gains too. So again that’s just more confirming analytical data that this market is going to keep going higher again all time highs across the board today including Russell 2000. Shared that chart this morning with the IWM Russell 2000 ETF. What a chart. We can make a lot of money in small caps people and you know, we happen to be very well positioned there. I think this is going to be a major breakout. When small caps move, they really move.

This is that time of year. We haven’t even gotten to the Santa Claus rally and you know, the end of the year stuff when small caps tend to go parabolic, we’re not going to, that’s happening now. And I think that we got positions today in parabolic options with some IWM calls for this reason. I think we’re going to see a monster move higher coming up here in the, in small caps because they got some catch up to, really got some catch up to do. They’ve underperformed for four years or longer even and it’s just time now for them to really get going. Tesla today had a big move higher. You know, it actually hit a high today. 460 closed at 452 but still up 4.3%.

Tesla as you know, is our number one pick communication revolution. We’re entering November and November is the single best month of the year for Tesla with a 73 win rate and an average gain of almost 12%. All right, and, and then also we know what’s happening. 11, 6. Right. November 6th, Musk comp package and other issues and proxy vote are going to be voted on. You know, make sure you send your votes in. By the way, if you haven’t done so already, don’t assume that this is going to pass, okay? Because if it doesn’t pass, the stock is going to get hammered.

Now the odds are very high it’s going to pass. I believe it will. But don’t take a chance. Vote your shares. You don’t know how to do that. Contact your broker where your shares are held. They will tell you exactly what to do. They’ll give you a control number and they’ll tell you how to vote it@proxyvote.com okay.

And it’ll take you all no time at all. Do it online. Piece of cake. There are a lot of things that are up for vote. You’ll see that there and explained along with the board’s recommendation on every issue. Okay, but say again, get, get your votes in there and then, you know, once this passes on November 6th, this stock’s going parabolic. I’m going to share this tomorrow morning about Morgan Stanley’s analyst Adam Jonas and what he said today. He said it’s over.

The, the, the, the, the race for the cyber cab and Robotaxi is already. He’s called it. He’s called it. It’s over. It’s Tesla. It’s because it’s all about vision and people that have driven the new 14 FSD 14 know what I’m talking about. The car is sentient. The car is alive.

[00:29:31]:
It’s a better driver than I’ve ever been. And yell it yourself if you haven’t done it. Take a test drive at a local Tesla. I’m telling you, you will be amazed by it. So many people I talk to about just are scared to. That’s like there’s no way I’m going to trust a car. We took my mother in law, we had a family reunion a couple weeks ago down in Port Aransas. My mother in law drove in the back seat and she’s been in the car before so she knows how it drives.

She’s seen it drive itself and she’s not a nervous Nelly or anything. She’s like, she’s like, she’s like 80, 86 I think and she’s fearless and I could not have married into a better family. Mother in law is just, just an amazing woman. Just hadn’t slowed down a single bit. And so she, she rode with us to the family reunion down in Port Aransas and the car drove us there, all the way there and all the way back entirely. And she was like asking all these questions, how does that work? Oh, can you do this? She was having fun with it. Right. And so you know, I think that it’s going to take time for people to get really comfortable with it obviously.

But it’s the future, it’s coming. Remember when first had Uber and Lyft? Remember how nervous people riding with a stranger? I don’t know, this person doesn’t operate a full service cab or a town car company or a limo company. We don’t know who these people. Something really bad could happen. I mean those are real concerns. And by the way those things have happened, okay. And now that can’t even happen anymore. You’re going to driverless vehicles without a steering wheel, without any kind of foot pedals.

Right. It’s all going to be internal. And that’s, that’s the Cyber Cab. That’s this, that’s, that’s Tesla Cyber Cab. And they’re going to be everybody. I would if I could get a single message to the owners of, to the shareholders of Lyft and Uber and certainly to Waymo, you know, Google’s attempt at competing with Tesla. I would just say just go ahead and sell, sell it now. Sell the business while you can because you’re going to be utterly destroyed by Tesla because they can do what you’re doing without a driver.

There’s all the added expense and tips. You won’t be tipping a car that doesn’t have a driver of a Tesla and your trip’s going to cost about a third, about a third of what it costs right now. And they’re going to be everywhere because you won’t just have to have the Cyber Cabs. Every Tesla that has full self driving capabilities, which is, you know, most don’t. Every car built from 2023 on essentially for Tesla is going to have that ability to be a, to be a Cybercat. And so you’re going to have millions out there right away. And as Adam Jonas said, there’s nothing stopping for Tesla from removing their, right now they have safety, what they call safety drivers. They’re riding in the passenger seat and again, just an abundance of caution to make sure nothing is wrong.

[00:32:24]:
And Adam Jonas and so many others that have written I have not ridden a cyber cab are like there’s, it’s just perfect, it’s flawless. You know, the driver sitting there, the assistant person sitting there never has to do anything. And of course these cars are just, they’re unbelievable with fsd. And it’s only going to get better. All right, look under the hood today and let you get going. I’m going to talk by the way tomorrow morning I’m going to talk about tapping gold, silver and miners. And we’ve talked about it so much I feel like I’ve almost talked about it too much. But this is a technical pullback.

We’re seeing the weekends exit the hot money leaving. Folks, this is textbook perfect bull market corrective action. What this is absolutely perfect. And so I’ll write that up tomorrow morning and give you some more information on that because this, I’ve seen this happen so many times in a hot group. You know, it goes parabolic, it goes up way more than it should and finally when it cracks, boom. The air comes out of it hot and heavy real quick, right? And so that’s what’s happened here. But the, the fundamental story, the bull market story hasn’t changed. Only the weak hands have changed.

So again this is a gift from God that we’re being given here. And I think the smart. Well, I hope you’re the smart money and I hope that you’re taking advantage of this in our 10 baggers in, in the mining space. I really, really do. You’ll be very glad you did in the weeks, months and years to come. All right, under the hood today again good, not great internals. It’s a little weird. Advanced decline today was not even 2 to 1 positive for NYSE and NASDAQ.

It was positive and decently so. But, but not great. Now volume was better. We had 69 up volume for NASDAQ and 64 up volume NYC. I think what’s happening here right now you have your as Tyler, Tyler just told me this and I think it makes perfect sense right now. Your leaders are, your big tech companies are leading. You see it in the semis, right in megatech. And the rest of the market is going to wait.

Okay, let’s wait and make sure that these earnings going to be good and then we’ll see that explosion explosive move higher. And I think that’s exactly what’s happening here. Advanced content again, sorry. Volume solidly positive. And we had 580 stocks hit a 52 week high. Just 102 hit a 52 week low sector is very good. Today we had nine sectors finished higher, two finished lower. And our commodity watch here, again, gold got smoked today.

Again, we have apparently an upcoming trade deal with China. It looks like, you know, we’re not going to have global war anywhere. Trump is a man of peace. And so, you know, a lot of the fear has been in the markets coming out of it. You know, again, people that buy say they buy gold for this. That’s not it though, folks. I cannot write this up tomorrow. Gold has not been going up because the fears of a trade war, maybe that’s a small part of it, right? Gold is going up for whole other reasons.

All right? And because the money printing ain’t going to stop. Gold today giving back 3.4%, down 141 to right at $4,000 announced. Remember, that’s where a lot of people thought 4,000. A lot of people thought that would be the top. We break through it and then like always, we had the big shakeout and it didn’t. It kept going to 4400. Now we’ve given up what, 8, 9, 10%. That is.

[00:35:35]:
That again is textbook, textbook technical action and it’s going to give us a nice floor to, to build. From silver today also down big, down 3.7%. 4679 copper today, up half percent to 515 a pound. Crude oil today, flat on the day, 6155. And finally, Bitcoin having a good again. Liquidity, right? Liquidity led market here. Bitcoin kind of shaking out the weekends itself back to 114, 400. And that is up about 9/10 of a percent.

It was good. Up big over the weekend as well. All right, folks, that’s it for the day. Hope you had a great day and even better night. We’ll see you back here again tomorrow after the close.