In today's episode, Kip covers a lot of ground on the current market dynamics, including Tesla's potential rebound and the shakeout we're seeing in tech stocks. Despite the turbulence, Kip's conviction is strong—this is an innovation revolution and Trump 2.0 is on the horizon. We're in the infant stages of a bull market, and he emphasizes the importance of staying in the game. Tune into today's podcast to learn more.

Don’t look back because the market is closed. Good Tuesday afternoon, everyone. Kip Herriage here with the daily VRA Investing podcast. Hope you had a good day today. Got a lot to talk about today. A little bit of late getting started here at the Zoom meeting and then had to watch President Trump at his business roundtable with a bunch of CEOs that they’re doing today. Still going on as a matter of fact. Really interesting insights from the president.

Just prior to that, Trump and Elon Musk were together at the White House and Trump was taking a look at the various Teslas that Musk had lined up out there. And Trump decided he was going to buy a red Model S plaid, and he was going to buy it right there, get out his checkbook, pay full price for it. He hasn’t shopped for Teslas because that’s the only way you can do it. By the way, great choice, Mr. President. That is the Tesla that I own. The Model S plaid. Yes, it does go 0 to 60 seconds in less than 2 seconds.

[00:00:55]:
And yes, it does drive you everywhere. It is full self driving is simple, unbelievable experience. But honestly, this car is so much fun to drive that I just have to drive it. And now we took a, we’ve taken a couple of long trips, my wife and I, Cindy, we’ve taken a couple long trips and we let FSD do the driving there. And so we can just sit back, we can talk. You know, you can’t be on your phone because it dings you, it alerts if you’re doing it, makes you take the wheel. So again, that’s what they have to do to take precaution. Because the last thing you want is to have a bunch of accidents on the road because people are watching movies or sitting in the backseat doing whatever.

But that’s coming. I mean, that is coming, folks. That’s where we’re going. And that is of course, the part of the allure to the Tesla story. I was going to talk about Tesla later. Let’s just, since we’re talking about the topic now, let me just say, look, Tyler, today was on the Charles Schwab Financial Network doing an interview and one of the topics was Tesla. And Tyler just said something that just kind of struck me because he said, you know what, we Love Tesla at 400, we’re buying it there. So you bet we’re buying it at 220, 230.

And it’s just such a great point. Number one, it’s just an honest observation. Yeah, we’re still recommending it. At $400 a share. Yes, we did start, I did start buying it at 800. Yes, we did recommend it officially at 174. It’s a long lag time there between those two. I realized that.

[00:02:22]:
But it takes me a while to get warmed up to a story. And of course we’re all the way there. But the key with Tesla, look, John Hannity’s buy one, Donald Trump’s buying one. And yeah, there’s been a fallout from liberals, I think really just the far left, I don’t know why, a centrist Democrat and they still exist. I don’t know why they would have any issues whatsoever with what Trump and Musk and Doge are doing. But it’s that radical far left, the ones that are firebombing Tesla facilities, market up and trying to destro Tesla cars all over the country. At least parts of the country, I should say. And then again yesterday, cyber attacks against Muscles, against Musk, X.

Right, the former Twitter. Yeah. This is insanity. This is really domestic terrorism. And I think it’s a very small percentage of the country. I think these cells have not been hit nearly as hard as some of the analysts believe that. I’ll tell you the primary reason for that. The analysts don’t seem to remember or don’t want to talk about the fact that Tesla just rolled out their new Model Y, bestselling car in the world for back to back years.

I think it’ll be the best selling car again this year. But they don’t want to talk about the fact that Tesla just rolled out a new Model Y. So there’s a conversion process, right? Everybody, it was a lag time there between the old model, Model Y, because once the market found out that there’s a new one coming out that’s new and improved, of course people stop buying the old one. So that’s just a natural transition that happens, you know, in the, in the car industry. And I think that’s really what’s being missed. But you know, again, the brand damage has been done. There’s no doubt about that. I mean you don’t go from $488 a share in December to what was the load to, you know, it’s 231 now.

[00:04:12]:
So you don’t go, you don’t have that kind of damage, 50% damage unless something’s done sentence, something’s happened to the brand. But I think there’s a much bigger part of this story. It’s something we’ve been covering here at the vra. This is get Trump and I don’t think that’s a mystery. I don’t think I’m surprising anyone with that. That’s not a bold statement, but it’s not talked about enough on, on in the financial media in my opinion because I think that’s what’s behind the majority, the majority of the selling not just in Tesla but in the broad market in tech stocks. I think it’s behind the majority of it. And Tyler also made a point this ma this morning on his interview that I’ll make you again with you now.

And it’s the point that we’ve been making for some time and that is this, this market that we have said now for two and a half years we believe is similar to the dot com melt up. This market is very similar to that. And how is it not only are we going to have a massive multi year move higher again, we’re only in year three of the bull market but during the dot com melt up and I remember it well, we had five corrections of more than 10%, so 10 to 20% and another one where the NASDAQ was down over 30%. And each one of these by the way lasted three months, three to four months. But then within three to four months or shorter the markets were back to all time high. So it was a very volatile time frame. I don’t think many people remember it. I do.

I certainly remember the final 30%. Again, it’s a bear market. Okay. And it was painful. Everybody thought it was over, right? Dot com is over. This is in, what was this? 1988 is when this took place and people thought.com is over the top is in 30%. That’s a bear market on steroids. Happened in three months.

[00:06:01]:
Very painful. Sound familiar? Sound familiar to what we’re going through now. Again we’re not down 30% but the semis are down 24%. The semis are the dot com of this because semis AI go hand in hand. The semis are the dot com of today. But we are only in the infancy, the beginning stages of this bull market. Again we’ve called the innovation revolution. Just getting started.

So this is the short term shakeout. This is a correction. These are a normal and healthy part of every bull market. They shake out the weak hands. They shake out people that maybe bought towards the end or just can’t take the pain anymore. And I get it, it’s been a very painful decline, especially in stocks like Tesla. Bitcoin’s been hit as well. Again, semi has been hit very hard.

The point that I make here is that in the first two corrections in dot com and again, I remember this very well. In the first two corrections I was shaking out, right. I thought, okay, you know, if, if nasdaq was down 10, 12, 14%, most tech stocks were down in.com related stocks were down far more than that. And so our stops were hit, we were out. I learned after the second one and when I didn’t get back in in time and it cost me a lot more money to buy back in. But I think this is why we haven’t recommended selling. No, no. Did I think to get this badge? Absolutely not.

[00:07:21]:
I think Tesla’s going to drop 50%. No way in hell did I think that. Right. Bitcoin is always been volatile. That doesn’t really surprise me. But the reason we did not sell our positions is because this is, this is going to be that bull market. This is the bull market that you want, you want to keep, you want to keep, be aggressively long in. And by the way, if you have been stopped out, if you.

I’m going to write this up tomorrow morning. If you have taken some profits, if you’ve been stopped out. I think the key is, Tom, don’t stay out too long. I’m not saying try to pick a bottom, catch a falling knife, any of that. This could always get worse. I don’t think it’s going to at all. But I also did not think the decline was going to be the severe. But again, using 95 to 2000 as a reference point, I would just say because when this move higher starts and I think we’re very close to it, I’ll cover that more in just a moment.

When this move higher starts, it’s going to be we’re going to be back to Rocket Shipville. It’s going to be straight back up again. And the early moves typically are the biggest. So we get a real bott and then the bounce back comes. It’s going to be parabolic. And so just make sure that, you know, again, I’m not trying to say pick a bottom. I don’t like to pick bottoms. Okay, that’s a dangerous attempt there.

[00:08:36]:
But I do think we’re very close to the lows here and I just want to make sure that if you did sell or if you got washed out, look, that happens the best of us getting happened to me twice in dotcom. Just pay close attention. Don’t let it, don’t let it get you down. If you had any losses, don’t let it discourage you. From jumping back in because again, everything that we look at tells us this bull market is just getting started. We covered here with you often. It’s not just the innovation revolution. Is Trump 2.0 again at the business roundtable that Trump was just speaking at? You know, the more I listen to him, the more it really jives and makes sense with what we look, what we see here.

Could they manage the messaging better? Absolutely. Could the rollout of these tariffs been less confusing? Absolutely. This is kind of how Trump moves. He moves big and strong. He has a lot of ego tied to it. And so when he’s challenged by either Canada or European countries, he comes back and hits them hard. And so it’s that tough talk and the uncertainty of the tariff policy that’s really hit the market. But remember, folks, there’s a much bigger picture here.

Only 12% of our GDP gross domestic product, only 12% of our GDP comes from imports, only 12%. The world loves what we have. They are desperate to have what is produced in America. And we rely very little on other countries. Now, again, the tariff policy is very real. Again, a lot of these cases, they’re reciprocal tariffs. Trump makes a lot of sense of these. But I think this is going to come a time here very soon when the market stops worrying about this happens at every, every one of these shakeouts.

[00:10:22]:
It happens at every shakeout. The market’s just going to stop worrying. Trump might even up, up his, his language. He may even start going harder and harder. But then you’ll find out it won’t be the news that matters, but the market’s reaction to it. Right now the news is hitting the market, right? This is the, this is the early stage of these corrections, or if you will, early a middle stage. But when the turn starts, even though the news sounds negative from Trump or back and forth with other countries, the market stops caring. And I think we are very close to that.

And again, another key point here, I don’t think I can stress this enough. The thing that keeps happening here with this correction is that global markets aren’t even impacted. Are you noticed right after our big losses yesterday, I really expected overnight for European and Asian markets to be lower. They were not. They were mixed to higher. Most were higher. Look, yesterday was a pretty brutal day, okay? And for international markets not to be hit, that confirms for us what we’ve been talking about here. This is a US Centric move, lower only.

And these don’t last long. These are short term, folks. It might be brutal, it might be happening quick right but they are short term because there’s no global liquidity crisis. There’s no global sovereign debt issues. Again, these are the things that really begin to hit global markets. Right. Even more than they do us here. There are no global recession worries, there’s no US liquidity issues.

[00:11:57]:
Right. We see that in the price of gold. You know, gold just continues to go up. You know, it was down a little bit yesterday, but it bounced back strongly today. And here we go. Yeah. Gold today up 22 bucks an ounce at 29, 21. What is that? 50, 50 bucks away from an all time high.

And the point with gold being people, you would think that gold would be a shelter in the storm. No. If you’ve been in the markets long enough, you know that when the markets have a big time shakeout, gold goes with it. The miners get hit hard and gold goes with it. Folks, that’s not happening here. Okay? The miners were up today. Gdx, the, the, the, the gold miner ETF today was up again in a down market was up 2.8% today. Right.

The junior miners are really, if you’ve noticed, our junior miners are really starting to get legs. Okay? And you know, we don’t mention every company we recommend here because it’s a public, you know, podcast. But you know, if you’re with us as a VRA letter member, then you know what I’m talking about. They’re, they’re starting to move now. And this is the early stage of this bull market. Impressions millers and miners. It’s going to be insane. We’re going to make fortunes in this group, right? Going to make absolute fortunes in this group.

[00:13:09]:
I know this group about as well as anybody in the country does and I know the relationship. Right. And the characteristic to look for in these bull markets. I’m telling you, this is just starting, okay? But back to my point, gold is not shaking out. Gold is not telling us there’s a liquidity crisis or something wrong, structurally speaking in the U.S. right? It’s not happening. That again confirms to me along with international markets going up. This confirms for me and for Toddler and I, by the way, he just knocked it out, knocked his interview out of the park today on the Swab Network.

I’m sure he’ll be invited back many times after today, but this is a bull market in infancy. This is a shakeout and it’s going to end. I think it’s going to end. I think it’s going to end soon. Okay? And again, the hardest hit areas had been get Trump Get Musk, get Doge. Okay, again that tells you this has not been a broad based hard sell off. No, this has been a very, a very centralized attack and I believe it is absolutely without question an intentional attack because they are over the target. They’re over the target with the, with the, with not just the cuts they’re making through Doge, but the fraud they’re uncovering.

What else are they going to find? So again, we didn’t take profits, we didn’t sell, we didn’t, we haven’t stopped out because I believe this is going to pass. And when it does, we want to be in this market. Okay, so they, they can’t, and again, they can’t impeach Trump. That’s, that’s not an opt. At least it doesn’t look like it is of course because Republicans have the House. So impeachment’s got to start in the House so they can’t impeach him this time. So what are they doing instead? They’re making us collateral damage. They’re attacking the economy and the markets and making us collateral damage.

[00:15:05]:
That’s what’s going on here. And again, this too shall pass. Trump will get a handle on this. Their messaging is already getting better and this tariff effect will soon begin to wane. Okay, and by the way, to have the opportunity to buy Tesla at 231 our price target by year end 700. We have not changed that price target. Right. Today, overnight I should say Dan Eyes with Wedbush Securities.

I think the best tech analyst on Wall Street. He’s been riding his rain on Tesla and a number of other plays. He came out and reaffirmed his, they’ve added Tesla to their top ideas list and he reaffirmed his price target. Tesla is $550 again. That’s a one year price target by end of this year. So again at 230, you know you’re looking obviously more than a double there and our price target, far more. And then we’re looking at, I think this is going to be low by the way. I think what, we’ll absolutely have to raise this.

Our four year price target is $2,000 for Tesla. I think that’s extremely low and I think we will be raising it because again it was happening autonomous vehicles and what’s happening with AI of course, which they’re at the center of. And then of course robotics and Optimus also. Final note on Tesla, as you can tell, it’s our favorite big cap position. I will tell you it’s my Single largest, our single largest equity position, not single largest position total because that would go to gold and silver and then you know, bitcoin is in the top five as well. But Tesla is our number one security as far as our exposure to it. But I gotta tell you today also from Morgan Stanley, the analyst there, Jonas, I’m forgetting his full name, Adam Jonas, I believe it is also reaffirmed the price target says the stock is dirt cheap here. They’re looking for the stock to be a 10 backer from here as well.

[00:17:00]:
And I think the stock is going to close. I think his target by year end was $600 this year. So a lot of good analysts on the that really see what’s going on here and aren’t blinded by this attack the branding of Elon Musk and Trump in the relationship. So anyway, I think I pounded the table on this soon enough. You know our views we are absolutely buying over the last week, I’ve added my position has grown by about 15% in the stock over the last week. And I do buy this stock on a fairly regular basis. Again, first bought at 18. My cost basis is still below 100.

But you know, these purchases at higher prices of course do have an impact on that. Okay, so again, the market here, we think it’s very close. We are extreme oversold on steroids. This is our most oversold condition in the VR investing system. And again, we’ve got a number of bullish things lining up here. First of all, again we’re extreme oversold on steroids. This is when bottoms kick in. Seasonality is about to turn.

Matter of fact, this week is turning very, very bullish. We had a turn today in the market that was going to be the lows. You know, I’ll come back to that in just a moment. Now, let’s talk about it now. So yeah, the market had a really good intraday rally. NASDAQ was went down for went was from being minus over 200 points to rally being over 200 points higher, finishing down 32 points. No, no damage there. Eternals were fine today on nasdaq.

[00:18:25]:
By the way, Dow Jones today was our biggest hit. It had been down well over 700 points. Closed down 478. That’s 1.1% the number sounds big. 1.1% puts it in perspective a little more. SB 500 down 710 1%. Rust 2000 today finished higher on the day. It’s so it.

Talk about extreme oversold. I’m going to focus on this tomorrow morning in our very letter Talk about extreme oversold on steroids. IWM, okay, the Russ 2000, the small cap ETF. I mean this is it, this is, this is, you’ll see in the chart tomorrow when I write it up. This is as oversold as it can get. Looks kind of similar to Tesla, a waterfall decline here. And so yeah, we, we, we think you’re going to get a really big bounce there. Interesting to see, see it close higher today.

Also today the semis did rally throughout the day. They did get hit in the last hour of trading but only finished down 1/10 of 1%. So we, our key is we want to see two things happen. We want to see the semis begin to lead. Okay. From the birth of quantitative easing. The markets that follow the semis, they followed them here, haven’t they again. Right? That’s what’s happened again.

[00:19:37]:
We’re going to see the semis start to lead higher. I think again. I think we’re there. I mean we are again. Silver sold so many great companies that are now trading at dirt cheap levels. We’re taking a very close look at Nvidia. We don’t own the stock outright. We own ETFs that have a healthy position in Nvidia.

But you know, when this stock is trading down to 108 bucks a share, we’re about to get back to the boom time for the semis. We’ve got some production, production challenges, really bottlenecks. Those are beginning to start to clear up by year and they will be. The market won’t wait for that. The market’s going to start getting in front of this when the semi start leaning higher. And again I think we’re, I think we’re there very, very close. And then when we start seeing a strong, smart money hour, the final hour of trading, you want to see that strong and we want to see a series of these. I’d like to see at least like three days in a row where the semis are leading and the final hour trading is bullish.

I think that’s when it’s really safe to go back in the water. But again we’re still adding to our 10 backer positions. Okay. We’re, we’re, we have not shied away from any of that. And I would just say to anybody that if you can’t take the pain then you should get out. You know, everyone’s got a, their own risk reward, you know, profile that matters to you. If you can’t take it, sell, you can always buy back in. Last thing you want to do is, you know, have it cause you know, issues for you, right? Personal issues, maybe issues the spouse or you’re looking at your 401k.

[00:21:04]:
I can’t take it anymore. Fine. But start looking for these keys. Look for the semis to start leading and look for a strong smart money hour. Tech you also want. Tech would also lead, of course, but the semis lead everything. Okay, so just don’t. My key point is don’t stay out of this market.

Even if you wind up taking some losses, don’t feel like you’re buying back in, you’re going to get hit because Trump’s going to figure this out. He’s the best businessman to every president. He’s going to figure it out. The tariff thing is way overblown. I think the people out there saying that we’re going to recession, I think they’re laughing stocks. I think they’re laughing stocks. Okay? And that’s remember a technical recession is back to back quarters of negative gdp. That ain’t happening with Donald Trump as president at least around the tariff issue.

Okay, but it’s not happening unless something else really bad happens. Okay? You never say never. But when you had Trump as president and you got the cabinet that he has around him and the top advisors, they are the best, the best that’s ever happened, that’s happened in a political group in D.C. within a presidency. No doubt about that. They’re going to figure this out. I think this is a washout. I think it’s get Trump and I think again for the fifth time it’s almost over.

[00:22:17]:
Also investor sentiment flashing huge contrarian buy signals, fearing green index down. I think it hit 13 today. I mean that’s extreme fear almost on steroids. The lowest it’s ever been is two and that was this December from hell brought to you by guess who. Jay Powell. Which of course during Trump’s first term. No surprise there. Right? But that’s, that’s, that’s, that that’s extreme fear in the fear and greed index and the AAI bull bear spread.

When it’s this far apart, the markets outperform almost always by like a 90% plus pace for the next one month, three months, six months and 12 months. So we’re getting all those buy signals here. As I said a minute ago, fact that global markets are still going up all time highs. This is a US centric sell off. That’s a short term story only. There is no global panic. US markets will not lag for long again, not with Trump president. So again the VR investing system remains at.

Right now it’s at 9 out of 12 screens. Bullish. Unless the semis get going here, that will flip to eight. That’s important. There are leaders. Reminder, Rich Ross thinks the semis are going to go back to be back to all time highs within a month. He just ped another piece today. Again, he’s not backing away from his.

[00:23:35]:
He’s one of the top tactical guys in the country. He’s our favorite guys, does amazing work. We share his work with our, with our subscribers here on a, on a weekly basis. And he’s out with the new piece. I’ll share that with you tomorrow morning. He’s not backing away at all. Hugely bullish. He sees what we’re seeing here.

This is extreme oversold. It’s way overdone. Tariffs are not that big of a deal and no, we are not going into a recession. Oh, my God. I just, every time I hear someone say it, I laugh out loud. But at the end of the day, what we’re seeing, again, Tyler said this today, we’re seeing a counter trend move. The primary trend will soon kick back in. And our big bride, megatrends, all five of those are still powering this thing.

And Trump 2.0 combined, all this is going to work out just fine. All right, so, you know, we want to belong this market and that’s why we haven’t sold. I heard Trump say this again today. We’re entering a golden age. He said it has been a staple, right. And he just looks on the camera, says, you’re going to make so much money, you know, talking to the public, you’re going to make so much money, you’re not going to know what to do with it. And there’s a confidence about him that really rings true because this guy gets shit. Right? Okay.

[00:24:46]:
When it comes to business. And Trump is highly confident about something, in my opinion. Take that to the bank. Yeah, he’s a great salesman. Okay. But he’s also an extremely smart businessman who’s made a lot of money with a little initial funding from his father, but has built an amazing empire, including what he’s had to go through to be president. Now it’s why. So it’s hard not to love the guy.

I know I’m not alone there. But again, if we saw something different, we saw in the very investing system, if it was telling us something different, we tell you that it’s just not. This is US centric and it’s tied to tariffs and it’s laughable that people think we’re going into recession. So this is a buy. Without question. This is another buy. The dip opportunity. I put my 40 years in the business on that, folks.

Also, by the way, to the people out there saying inflation is about to be a problem again, hold on a second. Have you seen oil, have you seen oil prices? We’ll talk about the commodities in just a moment. But when oil’s at 66 bucks a barrel, US doesn’t have inflation. Okay? Trump is exactly right about that. Inflation drives, excuse me, oil prices, energy prices drive everything when it comes to inflation. And again, we do not have an inflation problem. China is still exporting deflation. They’re at 0% GDP.

[00:26:08]:
0% GDP. And again, we do import quite a bit from China, of course. So again, that keeps our, does help keep our prices down. All right, let’s take a look under the hood today. Again, the eternals. This is really a key point here we’ve been talking about with you. The internals have never been horrible. We have not had those 90% down volume days, you know, where you just go, oh my God, that looks horrible.

What a rough day. Yeah, we’ve had some rough days, but we’ve never had the internals to, to back that up. I think that’s another, that’s another key differentiating point here that we’re paying attention to today. Again, even with the losses again in the Dow Jones, which by the way, the Dow Jones was the least oversold. So it’s kind of playing catch up to the downside. That’s what our system tells us. And now the first to move higher will be the semis and nasdaq. I’ll kind of be surprised if that doesn’t happen tomorrow.

This market’s ready to go, folks. I think, I think we all feel that, don’t we? But the internals today, again, just fine. NASDAQ only had 300 more decliners than advancers and advanced decline. NYSE 500 more. Again, we’re not even talking about one and a half to one year, folks. Not a problem. Volume today, check this out. Nasdaq volume was 58% positive.

[00:27:28]:
All right, that’s, remember Nasdaq was down over 200 points at 1 time. So that’s, that’s a tell. NYSE volume was negative, but only 52.7% negative. So these internals, even on these bad days have just not been horrible. And that’s really, in my opinion, my experience, that’s when these real, you know, build ups to, to, to, to a long term negative trend in the Market, that’s when that starts to build. We just haven’t seen it. We did have 580 stocks hit a new 52 week low to just 56, a new 50 week high. But again that’s cumulative.

A lot of that came from our sharpest losses of the day. Sector watch today was not good. This was all 11 sectors finished lower but again no real damage done. Biggest loser today, industrials Dow Jones down 1 1/2% for the industrials, consumer staples down 1% along with healthcare. But beyond that, no real damage done here at all. As we covered a minute ago, the commodities again, gold, silver miners just ready to rip. Okay? Absolutely ready to rip. And they have been number one performing sector in the country this year is the gold miners, GDX, et cetera.

Gold today up 22 bucks announced at 2922. Silver today. My screen just adjusted. Here we go. Silver up a big 2.9% today. Again these are big moves today. Silver always. Silver is when you got tells us when you got momentum going.

[00:28:56]:
Silver’s telling you that right now. Silver at 33, 37 an ounce. I think silver’s about to go in a serious run here too. Copper Today flat at 479A pound. It’s had a good run going. Global economy is just fine. Crude oil 6625 Last trade here essentially flat on the day, down just a bit. But again at 66 bucks a barrel you don’t have inflation.

Drill, baby, drill. This is what Trump wanted. Trump wants lower oil prices and again it is frankly oil and gas companies can make money with oil over 60 and again a lot of their production coming from gas now too. So the industry is very healthy. Once the US economy comes rip rolling back, which it’s going to, oil prices will then head higher. But by then inflation won’t be a problem. That bugaboo would have been solved. Okay.

And interest rates, as we said to you often here, our view was that inflation was a past tense story. We’ve been saying that now from the election. I can tell you that’s what’s happening. Ten year yields down to 4.28%. They’re up just a little bit, but they got extreme oversold on our chart system, average system. So we weren’t surprised by bounce. Rates are going lower soon below 4% on the 10 year. And that’s not because of a weak economy, by the way.

[00:30:19]:
It’s because you don’t have inflation and rates shouldn’t be where they are anyway. The Fed’s rate cutting Cycle should not have been paused. That was an accident, though. They will be cutting again. As Tyler reminded me, we’re between three to four cuts for the year. Is back where the CME Fed watch tool is again. What was it a month ago? It was no rate cut. So, you know, the Fed’s fickle.

They don’t know what they’re doing. Surprise, surprise, surprise. Rate cut cuts will begin again in the near future. Jay Powell is simply horrible. It’s the worst fence here of our time. No one should listen to this man. If you do and you try to profit from what he says, you will get burned almost a hundred times out of 100. If he’s saying left, go left, go right, and you’ll be just fine.

Avoid a lot of danger by being opposite day with one Jay Powell. And finally on the day. Yeah, Bitcoin bouncing back here as well. Last trade right now, just back. Just back over 83,000. That’s up 4.4% over the last 24 hours. Again, it’s get Trump right. He’s the crypto president.

[00:31:23]:
So, you know, if it’s tied to Trump, it’s been hit. That creates buying opportunities. That’s the most important takeaway that I believe you should take away from this podcast. This is another buy the dip opportunity. All right, folks, always appreciate you listening. Hang in there. Hope you had a great day and even better night. We’ll see you back here again tomorrow after the close.