@@DDMSakb48 it's moves like this where something can go from lagging significantly for a year to outperforming for the year in 2 weeks. It ends up looking like a great investment for just sticking to the allocation you chose to begin with... I'm not saying go 100% Small Cap Value, just stick to your allocation, whatever it is. You had good reasons for it from the start hopefully.
AI skepticism is a good thing. It will tamp down the over-enthusiasm a bit, which is good. I’ve trimmed some of my AI exposure, but still believe in the technology long term. Booking some profits is never a bad thing.
The chart about recession 12 months out of FED cuts… it should also show where is the S&P 500 was compared to all-time highs when the FED cuts. What happens if it’s within 0-5 percent, 5-10 percent, etc of all-time highs… That would be more relevant and maybe would show the same thing but would like to see that.
Best WAYT yet You guys have made me so much $. Rotation baby. Bought SP600 Monday hard. Sold some gold gains. Yardeni, Dietricht, big tech podcast. You guys follow some great Econs, Technicians, technologist. Keep up the open source investing.
You're mixing a hardware company, Nvidia, with the chat/AI/software companies. As long as the hyperscalers, who must know something, are willing to spend, Nvidia, making a real product, the premium AI chip, will benefit. At the moment, none of the hyperscalers want to be left behind and are in a competitive race to remain relevant, whether or not there are profits in the near-term. They perceived that the market highly rewarded those with an AI strategy; if the market changes it's mind, the hyperscale companies might also. In the meantime, what they spent on AI is nothing to the rise in their market cap for investing in it.
Economic downturns are a normal part of the business cycle. The key is to be prepared and plan ahead. I graduated during a recession in 2009. My first job out of college was as an aerial acrobat on cruise ships. Today, I'm a Vice President at a global company, own three rental properties, invest in stocks and businesses, started my own venture, and my net worth has increased by $500,000 in the last four years.
Re making money with AI: if there's an increase in productivity for those companies who use AI, is that not a plus for them? But since AI is widely distributed and competitors abound and 'productivity' is sometimes hard to quantify, it'll be hard to pinpoint an exact company that directly capitalizes on AI other than the hardware makers and data centers. If we ever move beyond LLMs to more technical and specific AI use cases, you might find some specific winners in the future. Problem is it's early days & no one, not even Sam Altman, fully knows where all this is headed.
AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other recommendations you made.
I do believe that Tesla has a car driving exclusively on AI and exclusively with cameras. Not to long before they perfect it, they can go 90 minutes of driving without intervention. I think things are well underway.
"Markets are up! It's because of Trump!" July 15 "Markets are down. But definitely not because of Trump." July 19 Like this show but the guys should definitely stick to markets and avoid politics. Partisanship and markets are a shit match.
Bill Ackman is more mentally stable than Jamie Dimon, someone should check on him. Dude has gone full Kiyosaki. Also Callie rules! Love her Monday notes.
The fee argument is self inflicted. It was the dumbest marketing/business tactic to get a client. Instead of telling the client that's what it is and having the conversation it went instantly to fee cut. Silly.
Warren Pies has been consistently wrong, his latest calls "small caps is crap" and "oil to the 60s maybe 50s" was so far off that one wonders if he knows anything about markets at all. Dude finds the weirdest correlations and runs with them like they were some sort of fortune tellers..
AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other recommendations you made.
Thanks to Public for sponsoring this episode. Visit public.com/ to learn more about how you can earn 5.1% APY with a high-yield cash account.
I don’t know why anyone puts money into Wells Fargo. They’re such crooks.
Question: is Trump wins won’t his Tariffs keep inflation high and his taxes cuts make the deficit worse? This will hurt the market right?
"Goldman's going over 500" bold call with Goldman at 499. Brave, really. Buy with both hands. Trim at 502.
21:45 when DTJB announced Small Cap Value dead and irrelevant, they started ripping off the chart 😂
On top of that, 31:55 He said you can't trade based on the news just released. IWM rallied hard AFTER the news. lol
@@DDMSakb48 it's moves like this where something can go from lagging significantly for a year to outperforming for the year in 2 weeks. It ends up looking like a great investment for just sticking to the allocation you chose to begin with...
I'm not saying go 100% Small Cap Value, just stick to your allocation, whatever it is. You had good reasons for it from the start hopefully.
markets betting on trump doesnt make sense. trump means more inflation which is higher for longer which would not be good for markets.
Holy shit did Batnick just come from a handsome contest!?
AI skepticism is a good thing. It will tamp down the over-enthusiasm a bit, which is good. I’ve trimmed some of my AI exposure, but still believe in the technology long term. Booking some profits is never a bad thing.
great call on goldman sachs josh! maybe listen to the maestro a bit more michael.
36:50 Batnick so spot on here. Also “Can Facebook monetize mobile” is a deep cut, forgot about those days haha, hindsight is funny sometimes.
The chart about recession 12 months out of FED cuts… it should also show where is the S&P 500 was compared to all-time highs when the FED cuts. What happens if it’s within 0-5 percent, 5-10 percent, etc of all-time highs… That would be more relevant and maybe would show the same thing but would like to see that.
Amazon PE ratio is 52 which is why it's traded sideways over the last 3 years
I make $ from watching this show. Best stock pod on the Tube. So grateful for you guys.
I was in Newport yesterday…say hi to Jay Leno if you see him…check out the mansions, cliff walk, and 2nd beach…enjoy!😎✌️
Can dan Nathan be fired?
Best WAYT yet
You guys have made me so much $. Rotation baby. Bought SP600 Monday hard. Sold some gold gains. Yardeni, Dietricht, big tech podcast. You guys follow some great Econs, Technicians, technologist. Keep up the open source investing.
Thanks guys
Best podcast
Thanks!
Nicely done, not mentioning what hasn't happened apparently
Please go over option contracts and why some people wake up to negative $500k in their accounts.
That rate cut/recession likelihood chart is amazing. Top notch Callie!!
You're mixing a hardware company, Nvidia, with the chat/AI/software companies. As long as the hyperscalers, who must know something, are willing to spend, Nvidia, making a real product, the premium AI chip, will benefit. At the moment, none of the hyperscalers want to be left behind and are in a competitive race to remain relevant, whether or not there are profits in the near-term. They perceived that the market highly rewarded those with an AI strategy; if the market changes it's mind, the hyperscale companies might also. In the meantime, what they spent on AI is nothing to the rise in their market cap for investing in it.
Economic downturns are a normal part of the business cycle. The key is to be prepared and plan ahead. I graduated during a recession in 2009. My first job out of college was as an aerial acrobat on cruise ships. Today, I'm a Vice President at a global company, own three rental properties, invest in stocks and businesses, started my own venture, and my net worth has increased by $500,000 in the last four years.
Hindsight being 20/20... do you also credit the market's lack of confidence in Trump for last week's haircut on the market or only the upside?
Re making money with AI: if there's an increase in productivity for those companies who use AI, is that not a plus for them? But since AI is widely distributed and competitors abound and 'productivity' is sometimes hard to quantify, it'll be hard to pinpoint an exact company that directly capitalizes on AI other than the hardware makers and data centers. If we ever move beyond LLMs to more technical and specific AI use cases, you might find some specific winners in the future. Problem is it's early days & no one, not even Sam Altman, fully knows where all this is headed.
Regarding first rate cut chart, it Tells you that economy is not the market…economics metrics are lagging market is foward looking
Haven’t heard Josh speak about UBER in a while. I’d say he is either winding down or doubling the position.
48:25 "Nothing has happened!"
*BATNICK TOP CONFIRMED, 3% DAILY DECLINE IMMINENT.*
Y’all shine like a diamond 💎
AOi!
No mention of the event that occurred on Saturday?
They literally talked about it.
@@Tendomcgoobin when?
AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other recommendations you made.
I do believe that Tesla has a car driving exclusively on AI and exclusively with cameras. Not to long before they perfect it, they can go 90 minutes of driving without intervention. I think things are well underway.
Have you guys slowed down on release shows .. used to look at them everyday.. now seems less releases
Today's show is a bit of a snoozer. But I love you guys.
15 minutes on bank earnings about put me to sleep.
they are not going to stop buying the next AI chips. It's way to early to decide anything we are in the FIRST INNING
Thanks for the show 👋
"Markets are up! It's because of Trump!" July 15
"Markets are down. But definitely not because of Trump." July 19
Like this show but the guys should definitely stick to markets and avoid politics. Partisanship and markets are a shit match.
a tussle between Bear (Josh) and Bull (Michael)
Chart porn is fun, but in the end it’s all too unpredictable.
Bill Ackman is more mentally stable than Jamie Dimon, someone should check on him. Dude has gone full Kiyosaki. Also Callie rules! Love her Monday notes.
Do the markets want 100% china tariffs?
If Jamie Dimon becomes Treasury Secretary, and he has to sell JPM, would he still have a tax liability since he's selling due to gov work?
Michael said #2 - 😭
this podcast wasn't not not un-great
🔥
The tennis Hall of Fame is hidden in Newport, Rhode Island.
I'm late as usual. 👋
Josh is rather orange today
All the seafood
Eating carrots or running for president can turn you orange
Jamie Dimon, is a naysayer.
Ai = Palantir for software.
Palantir is a scam company, imo.
The fee argument is self inflicted. It was the dumbest marketing/business tactic to get a client. Instead of telling the client that's what it is and having the conversation it went instantly to fee cut. Silly.
Warren Pies has been consistently wrong, his latest calls "small caps is crap" and "oil to the 60s maybe 50s" was so far off that one wonders if he knows anything about markets at all. Dude finds the weirdest correlations and runs with them like they were some sort of fortune tellers..
Imagine Batnick being being in charge of your investments, guy is a 🤡
Why?
Thanks fellas. Trump in November, gonna be great.
AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other
recommendations you made.