 people are selling and taking profits or go ahead okay people are selling and taking profits because they're scared and I totally understand why so there's a lot of stocks that we're going to talk about today that are in profit zones and I think unless you're in something that has a huge catalyst coming you really need to sit with yourself and say is this like a politically or economic time for me to be holding this or staying in this so I think it's important we have these conversations we've seen the US 30 now peak peak peak and it's not able to break above these levels and clearly it's Powell and Biden causing all this drama but it can't break above these levels and that's a problem I don't see any catalyst to bring it over 34 right now because it's about to get heavy so I really think that we're going to have a hard correction on the US 30 and many stocks that are in it what do you think I agree I think that the stock market has proven that every time we get to these levels it sells off it hasn't been able to hold these levels really for a long time so I have literally no confidence that we're going to be able to hold these levels because I mean like you said look look at the chart charts don't lie but people do what would take our market above that in the summertime I just don't see it no unless bitcoin maybe uh or ai takes another huge move up I just think that this is probably a great place to start selling and exactly profits and I'm glad you said ai yeah I mean I mean those are the things that are moving the rest of 2000 comes in those are the things that are moving the market this here ai tech and bitcoin those are the things that are moving the market so unless we have another huge move in bitcoin ai or tech I just don't see it necessarily going much higher from here I might be wrong but typically in the summertime this is a pretty slow time in the market it's not a busy time in the market and the market's doing extremely well exactly really ask yourself who's the one doing the buying right who's buying in the middle of the summer it has to be institutions yes has to be institutions because retail investors are on vacation they're going to the beach I talk into a lot of friends they're not even thinking about stocks I'm like you guys are missing this huge move in the market oh yeah I'm on vacation I'm at the beach you know oh bitcoin's at 30 000 oh it's too expensive I can't buy any bitcoin oh my god this is what I hear from people right I'm like oh yeah it's too expensive but why don't you buy it when it was at a thousand when I first started talking about it in 2017 oh it's too expensive then now it's 30 000 US it's not too expensive now maybe you should go to the beach and go work so you have to ask yourself who's really making these markets move anyone who's trying to say it's retail is is is dreaming this is not retail that's moving these markets this is institutions exactly so that's why I think we can't be trashing institutions because they are giving us the hype we wanted everyone who is trashing institutions were surely celebrating today weren't they they were and I watched them I watched them all hype in this morning like watching the volume on the stocks this morning was mind boggling like I know we saw like bitcoin miners were having like 10% alerts 10% alerts rate from market open this morning and they pulled back just as quick as they went up and now they're hovering because people are like what's happening but this is a time we're going to set targets so wrestle 2000 when we're talking about AI most of the AI are small caps correct uh yeah I mean most companies aside from the ones who say I'm AI like Apple and Tesla and blah blah blah but the actual companies smaller ones that have been popping up and making people some really nice returns are small caps aside from like c3 and whatnot but quite a few of them and it seems to me like the wrestle 2000 has had a really nice peak so this is where the retail markets move I think the real the retail markets move the small caps quite a bit yes um but today AI has been pulling back over two days and that's fine because it does that it pulls back it hits its target levels and then it goes when the heck it wants to we can't predict it you just have to hit your targets so truly I think that the retail market is looking pretty healthy for a summertime but I think that was only held up by AI because people were making a lot of profits in AI and some bitcoin miners um can we just quickly can we just quickly look at bitcoin again because it's back under 30 000 and I just want to explain something that happens in the market and I want people to really understand this yes every thousand dollars there's a wall of selling and every time we get to another thousand that is the sell zone and I've seen it when it was at 25 it struggled getting above 25 when it got to 26 struggled getting above 26 and then it would get above 26 and then go back under 26 because what that is it's that it's the institutionals that have limit orders sitting there selling at every thousand exactly so at every single thousand even if it rips through a lot of times you'll see it drop back down bitcoin got to 30 700 and it dropped back down under 30 why there's a bunch of selling happening at 30 000 that's right once it gets past that selling and all that selling is exhausted then it could really run up to 31 and then at 31 is where they'll get another bunch of selling and then once that wall of selling gets exhausted as long as the momentum continues then it'll rip through 31 so it's very vital to be watching these numbers and if it can stay above 30 what will happen is the wall of selling will eventually get exhausted and then it'll move up to 31 this has been a trend I've been watching literally every single day and bitcoin's been going up like one or two thousand a day and it gets the most resistance at every single thousand so as an investor you need to know that you need to know that there's resistance at every thousand so you can make a smart investing decision like if you want to sell for example it seems as though for every thousand that's where people are selling their crypto they're selling in round numbers oh i'm going to buy a 15 sell it 30 i'm going to buy a 20 sell it 27 i'm going to buy a 20 sell it 28 i'm going to buy a 20 sell it 29 those are institutions those are day traders those are high net worth investors they're trading in round numbers with bitcoin that's why you see look it's back under 30 then it goes above 30 then it goes back under 30 it's a war between buying and selling but what makes bitcoin so special and the reason why i hold it and i believe in it i know you hold and you believe in it and i know you're even selling property with investors that are buying properties with bitcoin and investors now if you want you guys can buy properties in mexico with bitcoin through amanda it's wild what she's doing um it's it's those investors are coming out of the woodwork saying hey i'm ready to buy now because the price of bitcoin is back to 30 exactly so it's like this there's all these numbers that 30 doesn't seem too cheap for people to part with their bitcoin but they didn't want to part with it at 15 nobody wanted to go and buy real estate with their bitcoin when is that 15 because it was too low absolutely but they're sure knocking on the door now yeah but now that it's getting back to 30 people are like okay now i'm more willing because maybe they bought in a 20 that's right when it gets to 40 even more people are going to be willing to part with their bitcoin and buy real estate because it's going to be you know probably higher than where they bought it when it gets to 50 or 60 everyone's going to be looking to invest with their bitcoin because they know they're back to all-time highs and they're thinking hey this might be a good time to use my bitcoin to buy real estate this is the way investors think amanda's in that world she's literally selling real estate in mexico with bitcoin maxis that want to own bitcoin properties properties that you can purchase with bitcoin this is a thing now guys and it's only going to get bigger and amanda is living proof of it literally selling sold another property today selling properties in mexico with bitcoin maxis that want to buy properties with their bitcoin that's right it's parking an appreciative asset in an appreciating asset because people actually have appreciating asset real estate i know north america's topped out but we have not and i'm the same way like if i'm gonna part with my bitcoin i got to get something special that's right and real estate is that thing because with real estate you can sell your real estate you can rent your real estate there's so many things you can do with real estate so i like real estate too now i'm not going to say i like it as much as bitcoin but if i can convert my bitcoin into anything real estate has to be one of the best options because it's mazlo's hierarchy needs everybody needs shelter everybody wants a home your biggest purchase in your life is a home so at least if i'm going to convert my bitcoin into something at least it's going to give me a home that's why i think it's a great idea to be in the bitcoin real estate business because i see a day in the future where every single transaction will happen with bitcoin oh i hope so that's how i think the world needs to work but we're getting closer even the us is starting to see the light you know it's uh these days are coming and there's a lot of people in the world that are focused on making that happen so i think next week we're gonna actually do a whole show about real estate and get into it and i think it's pretty exciting but we have to talk about oil look at us sitting at 72 56 oil has been one of the worst performers this year and i think it's going to get worse oh great i do um but not a financial advisor however i think it's going to get pretty volatile over the next couple months because if a recession comes let's just say recession you mean the recession that everybody predicted this year and it's been the complete opposite yeah yeah that one the recession predicted that hasn't had that exact same one oh yeah but here's the thing if powell is going to do these rate hikes it's not going to be a recession so much as we're thinking a recession i'm thinking a recession in north american real estate canada and us that is the next market that we have yet to correct and we can't deny that every single market has corrected and the north american real estate market has not commercial real estate is defaulting at huge levels so i don't think this is going to be a recession on a stock level i think this is going to cause a recession on the banks and like we've been calling shorts on the banks since april and we've been damn right march actually um and i think it's going to be the banks i think it's going to be the reeds like the real estate investment trust these large multi commercial properties um these kinds of things supply and demand so now we saw fedex reported and they missed earnings did you see that yeah and uh they dropped i mean fedex has been struggling for a while actually so is ups too yeah they really have and those are the kinds of things so historically if there is if inflation comes up and there's less demand oil prices could absolutely come down some more so i think we're still going to see some volatility here i expected that we'd be higher i thought we'd be close to 80 right now with this with the supply being tightened i thought that this would have popped by now but it's not and every time pal talks about another hike it comes down a little further the only time it didn't is right here where we've been completely flat for a month i expected this to spike when pal paused but it didn't it set flat so that worries me so then we have something like clmt that we're both invested in you're invested a heap of a lot more than i am but i'm still invested in it it looks like it's climbing but i'm not sure if that's going to last so personally i would want to target around 28 for now unless we see oil do something spectacular yeah because at 28 that's with the oil price that around $80 so most people are expecting oil to bounce between 85 and 65 this year and that's kind of what it's been doing and after being the greatest trade of the year last year all the oil and gas stocks did great oil was an amazing trade last year while everything went down this year it's been the opposite a lot of tech stocks are doing well oil has suffered and i just think that investors that are investing in oil maybe have pulled out that money and they're putting it somewhere else like ai or tech stocks that's right and you know it's funny that you say that do you remember this start of the last bull market that we had what happened oil went to zero yeah that's right that's that busted new old time highs yep because history repeats itself i'm not saying oil is going to zero that was you know that could have been a big old pandemic thing but i'm saying is these kinds of patterns are repeating however we have some big opportunities because one thing that's happened recently is we have proof of what recessions have been called for a year yet we've been making money anyone's been following us or watching us we've been making money well everyone's sitting on the sidelines licking their wounds from before we've been making money it's time to start looking at exactly what's happening on these little pullbacks and where we can catch it well i mean i've had an amazing year i've made money on tesla apple google amazon Shopify and i'm up huge on my big coins my ethereum and all my bitcoin and ethereum investment so uh sofi's been doing really well btbt's been doing really well there's a lot in here because we're at a target level again so literally every single thing that i invested in and i made videos and i made this public and i told you guys what i thought was amazing buying opportunities in 2022 we're a hundred percent correct and all of those picks have gone up yeah every one of them and there's a lot of life left in them but what are they also they're nasdaq picks those are the things that hold the nasa and when times like this happen it's the check in the innovation that get going remember this is when it was this kind of a market when you need innovation that people like kathy would became god yes a goddess so i got a few small caps in here that i think are worthy to talk about um of course there's volatility say levy but this is one that you just introduced to us so i kind of want to hear a little bit more about it um this is uh atha energy corp uh symbol in canada sas k symbol in america sas kf it's another one of those companies that we love to bring exposure to a company that's undervalued underappreciated underexposed it's a uranium explorer so exploring for uranium uranium energy and i just feel like we need more uranium and we needed for a lot of different things like creating plants for electric vehicles so i think it's a company that everyone needs to put on the radar you could see they're up eight percent today not bad we just put out our video and they're having a nice spike on the day up eight percent so really good to see that and tight share structure strong management team quality company quality assets professional and uh just quality companies the types of companies you want to you know if you want to get into small caps you want to own quality small cap companies this is one of those quality small cap companies that i think everyone needs to be aware of and as well as the catalyst because remember this is we have a presidential election coming up in august and something like the two main things that are going to be on all these elections is number one bitcoin and number two and i got this now i know how to say it electrification of vehicles because the talk of the world is climate change and the only way that they know how to do that is to electrify all the vehicles and these are catalysts for things like this word up on that and that's why mbm comes in so i just want to tell you guys i took profit on mbm but i will absolutely be getting back in when it's time absolutely i mean neobattery materials has been an absolute screamer i think when we started talking about them they were at like 16 cents or something and they've gone all the way from 16 cents to this week they hit 47 so it's up about 200 it's done extremely well and this is a company that's creating super batteries super batteries that have the ability to have super fast charging and i believe with the electrification of electric vehicles this is going to be the type of company that's going to be in high demand and they are they've been doing extremely well this to me is just a pullback maybe it's a funder selling some stock at a higher price to raise some capital and for investors for investors this is a great time if you wanted to get in you didn't want to pay 47 cents well now it's a 37 so if it comes a little bit more you know it becomes a little bit of a better buy for an investor to buy it on a dip this is what i talk about consistently as an investor you're looking for opportunities in the market when good quality companies go down that's a buying opportunity when good quality companies are up and you're in profit that's a selling opportunity if you don't take the buy when it's down or you're not taking the sell when it's up you're not really exercising your opportunity as a trader that's a trader you want to buy low sell high and when you get learned when you learn to do that and eliminate the emotion you can become a very profitable trader but most traders that i talk to are very very they're emotional they get too emotional about what they invest in they start loving what they invest in so much that they never want to sell and then what happens is when they're up they won't sell then when they're down they're stressing out it's a very hard way to trade yes and you have to go completely against your emotion set your target like what i do is i'll set a target and i will put in an order i don't put in the order days before i put in a good to cancel order based on my target if i want that company and then as soon as i'm in it i put in my target sell that way whatever happens i don't give it down because it just happens if you have a hard time controlling your emotions that's a nice way to do it um and if you're worried about something going down set yourself a stop loss that way you're not looking at it going well it's down 10 percent maybe it'll come up now oh no now it's down 14 percent maybe it'll cut now set yourself a stop loss stop yourself from feeling your emotions because emotions are natural what you need to do is learn how you deal with them so this is it mbm has been a winner and i think it's going to continue to be a winner i love this stock and it's a company that's been doing so many amazing things when a lot of companies haven't so you have to pick a winner check what they're doing and if you agree with it set your target on people that there's a lot of people who just made 200 percent now we just showed that example if you think that people aren't going to take profits it's then you're the stupid one i'm not trying to be like offensive but it's true can we see the volume they must have a lot of volume today i'd like to see the volume i don't think i can 20 drop you have to just pull it down there you go yeah volume so that's much more than their average daily volume so what that is is i would suggest i'm assuming that that's somebody that's a funder that's taking some you know selling a position i mean do the math right a million shares at and i'm sure there's some volume in america too a million shares at 40 cents is 400 000 so if you're the company and you need to raise some capital you sell a little bit of stock that's probably what's happening there and i don't know for sure but it seems like it's a lot of volume and it's on the downside so that seems like i doubt there's too many retail investors that are holding 400 grand worth of the stock right but an institution or you know someone that's a insider a large blockholder or maybe a long-term shareholder that's hold a large position they might be liquidating liquidating a position and that's probably what's happening because the stock has done so well that they're taking advantage of the liquidity as they should and that's why you need to understand in the market when something goes up so much that it's too good to be true that's usually the sign to sell because if you're not going to sell somebody else is that's right that's the game that's the game understanding hey man i'm up so much in the stock maybe i should sell i'm up so much on this crypto maybe i should sell because if i'm thinking about selling probably everybody else is too and then what happens is when they see the selling come what they do is they immediately sell it as well because they want to sell before it goes even lower that's it then it creates like an example then it creates like um like a like like what's the word it creates kind of like a storm where a selling storm where everyone's just kind of selling in a panic it's and and and then before you know what the stock goes down 19 percent like we've seen with nbm today today and i would absolutely go down more but then there's going to be people like us who hit their targets and get back in and then it's going to come up without you yeah i know you've been trading nbm a lot right you've just been buying low selling high buying low selling high exactly are you in nbm now um no i sold it okay there you go so you sold it yourself so you sold the target you saw the profit you said you know what let me take the profit and you probably sold it even before today so you sold it as opposed to you sold it friday yeah yeah so you sold it in the green as opposed to waiting for it to drop which is smart that's the way to sell buy i'm gonna get back in i'm gonna i got in at 23 i'm gonna get back in somewhere between 20 23 and 27 looks like could happen so i haven't decided really where in there but i'm definitely going to get back in um very nice because i like them now this is one that i missed the big hype on it but i'm actually looking for a space for it to slow down because i like this company yeah hypercharge another company that we've talked about a sponsored client they have charging stations all across canada and i just think that that's a business that is going to be in huge need as electrification of electric vehicles gets bigger and more popular more interesting and more mandated by governments i think you're going to see companies like this really do well it had a massive pop um and and it's come back down so uh we talked about it it had that massive pop i hope you sold into profit now it's back down so as an investor if you didn't get in the first time and you like the company this might be the time to start thinking about getting in yourself that's right because we're starting to see a flat line develop and i'm starting to see more green than i'm seeing red you notice this yeah people are starting to nibble at it exactly and if you nibble at this at 75 cents then really when you hit 122 hey that's a pretty nice profit and that's what happened last time so if we can see some green come in here and send volume return that's going to be quite sexy so we're both bottom up traders and this is how it's done um this is a new one that you brought out and it had a really nice week because we actually talked about this last week um and they did really well then they pulled back um so what would be your target on this i just i mean i don't really have a target you can see the high is two bucks so i think that you know that's probably where it could go but i really believe that it's another lithium play and there's a shortage of lithium and i think lithium miners are poised to break out huge and it's done well it's already broken out so we got into this after it was already up 500 so i'm not going to sit here and tell you to buy it at these levels i think you need to make your own decisions you don't do your own due diligence on it but it's a quality company it's got a really tight float i think something crazy like 13 million shares i love tight floaters is a tight float strong management team quality assets doing mining and exploration for lithium in argentina which is a high in rich oh yeah high producing and in kebek in argentina so two of the best areas in the world for mining for lithium and these guys are there and they're also acquiring assets so they're a you know they're a company that does investing into properties as well as exploring into properties and i think it's one to watch with a very tight float so with a tight float means there isn't a lot of shares out there there's not a ton of selling there isn't a ton of liquidations happening so i think the upside is tremendous i think it's a company everyone should be aware of speaking of upside tremendous props to everybody who just got paid on sofai yep i'll hold their sofai full disclosure i'll have over a thousand shares of sofai myself and um and i like sofai and i think that the you know it's got huge potential like you can see with your charts there i think you know for me if i could sell it at like like you got that mark like 18 dollars to 24 dollars that would be a huge home run for me absolutely and you know what there's things that we talk about catalyst catalyst for a stock now sofai i've been saying i'd short the banks if i was a shorter which i'm not i'd be shorting banks however sofai also has a little bit difference as in this sofai is holding a lot of student loan debt there was a point in time where they were talking about student debt being forgiven and that's what drove sofai down do you recall this yes i do right so as soon as they were saying that everybody's like why am i going to hold this stock if they're not going to have their main income anymore but guess what those days are over now it's a matter of when will they be paying back and how long for and i just recently learned that in the u.s if you don't pay your student back under this new bill you don't pay your loan back it'll actually be transferred to your inheritance like you don't it won't even be dead when you're dead wow so like this is staying longer than a diamond okay they're going after they're going after your kids that's right wow considering that sofai's main income source i think that is juicy af so yes we're seeing a pullback but why are we seeing a pullback because it went up huge it went up huge it went up a hundred well no there's another reason why they're having a pullback because uh i don't know which bank it was but a large bank came out and reduced their price target right which is so dumb yeah so they had like a 14 dollar price target and they started to shoot they got the 10 bucks and then another bank who knows maybe they're short on it uh came out and lowered their price target to like nine or ten dollars and then that immediately sold it off and that was the reason why they lost all that momentum because they've been on absolute fire until they got that one uh you know price reduction and investors have a short memory of course i mean we've seen that with crypto like within a week how things can change right bitcoin went from being bearish to bullish within a week we went from a bear market to a bull market in a week in crypto that's right that's right so when we're talking about gas prices you were telling me that gas prices in Canada were ridiculous what what is it now in vancouver specifically is the highest in the country it's over two dollars a liter that is ridiculous oh yeah so in the last year uber is up 122 how's that for a recession man i've been talking about uber for so long i love them that's right i like using them i like uber eats i like everything they're doing i think they're really smart tech companies as do i and i think they've positioned themselves in a time of gorgeousness and this is why i'm saying this now we talked about uber just two weeks ago it hasn't stopped because this is when we talked about it as soon as they tested trend line so do you remember we brought this out so it was May 1st we brought this out and said uber's testing trend line and it was looking green what you want to do is pop in when you test trend line because if you're not in already you want to get in at your biggest discounted price that happens i think a discount is going to come again but one thing to know when a rate hike comes now two more rate hikes before christmas are expected before the new year do you think people are going out to buy a new car no when gas prices you can't afford it are you going to be driving all over the town no you're going to be calling an uber or lift and they're going to be making a heap of money so i think if you don't catch a trend line on this we have already been over the mo zone and i'm just going to zoom out so you can see how beautiful this is uber is now above the breakthrough support that it fell out of when all the bear market started so word up on that is looking gorgeous i love uber great to see them breaking out it is it's been a long time coming but look who hasn't broke out yet speaking of arbitrage lift went through some dramas but they're still they've reached um what do you call it restructured they've done a bunch of restructuring and i think it's time to start paying attention to lift and it looks like i'm not the only one that says that because it looks like we're starting to have more green than red and i think people are slowly starting to come on so do your own db but if you're looking for an arbitrage opportunity this could be it alibaba i don't love lift but it's definitely at a good price but i don't know now alibaba fell do you remember when alibaba fell oh yeah because all the china drama all the china stocks struggled and exactly and uh buying opportunity hiding yep well he's actually stepped down as of yesterday the CEO of alibaba stepped down and he's that's right okay so my very first entry on alibaba and this was like i think 2018 was here at 127 and i did well and now here we are at 86 dollars and they're doing things that are making people happy and this has been a one-year bottom so through all the other dramas that have happened it's held these levels so i think if there's ever a time if you're into that stuff just telling you i mean i could see it easily going from like 80 to 120 and you can make 50 on baba that's right yeah i think it's a good trade i think i like that trade idea yeah i do as well and that's why i had to bring it up square no matter how you cut it this seems to be the bottom no matter how you cut it um i own square um and i'm up like two percent so not enough to write home about but nevertheless i'm super stoked about this trade but one thing i wanted to say is just to get back to support levels and now when crypto runs and i'm talking bitcoin and crypto when they run so to square when you want to talk about arbitrage opportunities it hasn't run yet now we're going to see bitcoin miners pulling back very soon i would keep your eyes peeled on this also western union we talked about western union not long ago western union came up quite nicely from when we talked about it um it spiked from the bottom where we called it and it went up about 20 22 percent it seems to be stabilizing at this levels but one thing i wanted to say is right there is a lot of western union's money goes to remittances in mexico western union takes off a very big percent of what the receiver receives like a good size percent the peso is higher than it's been in seven and a half years so if you don't think that that's going to show up on their balance sheet another thing coming now we started talking about this fidelity when we're talking about banks going to crap if fidelity manages now this is fidelity group f and f i think a lot of banks are going to crap but here's the thing fidelity pays a 5.2 percent dividend wow i like that right and they are the only proper bank that custodies its own bitcoin and other cryptos apparently um so they're in self custody they do not read to outsource their custody nor do they even want to if they acquire grayscale and if their 18 trillion dollar spot etf gets approved i actually think that this is a good opportunity okay i think it's a great idea i didn't even think about buying fidelity and they're only at 34 dollars which means i think there's some huge opportunity see now i'm thinking you just triggered something in my brain that all the banks have sucked for like a year after having a monster year last year so banks have sucked oil and gas has sucked last year banks did great oil and gas did great so if i'm a bank and i'm sucking why not hitch my wagon to bitcoin and ride the hype of some of the bitcoin momentum this is exactly what michael sailor told them all to do michael sailor made it very clear that the reason why he bought bitcoin through michael's strategy in the first place was to hedge his shitty other investments and he's been teaching this if you want to hedge all these other bonds and everything else that you're in that's taking you down you need to hedge it with bitcoin right yeah even goldman sacks agreed that bitcoin was their top performing investment in the year so here's fidelity manning up to take a piece of the pie and it looks to me like they're the only bank that's manning up to take a piece of the pie so i actually think it's looking pretty sexy that's a good idea i wrote that down and guys i always write down the deals that i haven't heard of or new deals and i'm always adding to my watch list i'm always adding to my radar and i'm trying to watch the entire market and i'm looking for opportunities in the market great companies when they're down great assets when they're down i'm looking to sell when they're up i'm looking at the entire market sentiment i think as an investor the longer you get in the market the more you start to understand what's happening in the market the better you're going to get at trading and then before you know it it just becomes easier everything starts to become easier because you start to see things before they happen and it's becoming like i said almost robotic and learning how to trade without any emotion is something that comes with time but if you get to that point like warren buffett is it can become so easy for you and you can make so much money because you're not trading with emotion it's not about i hope this will go there it's more about okay this is up now let me take my profits this is down now great company let me buy while it's down oh it's up again let me sell it today and trading just becomes fun when you're not investing all your money in penny stocks and all your money into meme coins you need to own big companies if you want to be a long term investor you want to be a long-term investor that invests for a long time not just a good time you need to own some bitcoin you need to own some apple you need to own some tesla you need to own some of the biggest companies in the world or you're always going to put your portfolio at risk always forever we like to do this if you don't have you're going to be like this and this is the difference so i said i was removing grayscale from my watch list and i did but when i saw grayscale scream over the last two days on the talk of black rock taking on the ctf and possibly fidelity acquiring grayscale i have to say that when this returns to bottom i'm going to be looking at it very closely again however just like the beginning of our very last bull market grayscale bitcoin trust you see this right here this was the beginning of our last bull market it came all the way to here where we are today and it pulled right back to bottom so if you don't see that you're blind there's 250 in that okay so we've hit and we just hit a 52 week high in grayscale today that's right so if you don't think this is going to pull back you need to look at history i think it's going to pull back we have to wait for the next catalyst now one more thing i know we're short on time but here's what the main event i wanted to say when now here's coinbase you remember when coinbase went all the way to 450 and everybody was aping we didn't touch it yeah because we don't believe in buying hyped up ipos however but it was like the day after or within a couple days kathy wood so s ec said we're suing coinbase right yep and then kathy wood went and bought a whole heap of it and i was like dude what are you doing buying the dip well i think she just absolutely knew that black rocks etf might be going in there real quickly right i think kathy would dry you know kind of beats to her own drum she doesn't really care about what other people think and she doesn't really care about lawsuit she doesn't care about any of those things she cares about fundamentals and technicals and analysis and she believes that coinbase is undervalued she believed the same thing with tesla she's been right about tesla she hasn't been right about every stock but some of the stocks that she's talked about have now come back and had really good years so far exactly so i think this is when to keep your eyes peeled on because of the day that black rock takes approval this baby is going to be a screamer so know that so far they are delisting everything that they were told to delist so they've been behaving on an s ec level they're caving a bit but that's what we need them to do you know what's funny is i've been in coinbase i was at coinbase in 2017 it was the first exchange i ever invested in and do you know that in 2017 they only had three coins bitcoin ethereum and litecoin really yeah and they stayed that way for years i tried to get an account with them but do you remember i was a canadian living in valley and they wouldn't let me do the crossover so i never used them but it's funny because they went from only wanting those three coins which probably would have kept them compliant now getting involved in all these garbage coins and that's why they're not compliant is because they've got too many of these like you said small cap micro cap coins that are just garbage coins that are securities deemed by the scc because they have no businesses right just in the business is a business of selling coins that's their business so it says that someone says what is a security a security is a coin whose only objective is to sell more coins yes there is no business there is no underlying business in those coins there is no money behind those coins there's no assets behind those coins there's no technology behind those coins the only technology they have is the coin itself and the only business they have is the business of selling the coin exactly that's the difference so i think that they could be doing a major restructure and going back to the old ways and if they do it's in their best interest to do that so if they do that could work out really good um i know you're over time um but the rest is pretty much repetitive but here's what i wanted to say i watched everybody ape in ape in to the miners this morning and i said be careful because chasing green chasing the green they were chasing the green chasing the green totally how do you hit a 10% alert within like five minutes to mark it open and i was like what and then it hit 12 and then it struggles and then it was like 10 11 9 10 9 8 and then here we are at seven um so these things are happening it's getting tired guys this is not a sustainable run this is a hype run all you have to do is set your freaking targets it's not hard so a target would just be before we were i mean where we were before the hype and i think every bitcoin miner is going to see that same thing this was not a sustainable run this was a hype run get paid put it in your pocket and double it up on the next run up so set your targets if you're hyping you're probably going to be bank holding for a little bit of time because we need catalysts on this right yep so that was pretty much all i wanted to say about that and the miners i'm talking about is hot bit farms let's just quickly go through them all though we can okay yeah i don't care i'm okay i'm okay with time so let's just quickly go through them all because i it's a good list it's a good list and they're all moving today so i want you to talk about it done right so we just saw two big big big days right yeah so we saw about 45 percent in total on bit farms yep hallelujah full disclosure i do own bit farms i sold a little this morning not all of it but i had to put some in my pocket so i had sold a bunch of my btb i sold all my btbt and i put it on the bit farms is on your list today what's that is btbt on your list today yep it is because i don't see them all snap maybe it's not my bad well it should be because they have been making moves and they should take a look at them because i own them and i'm i have like over a thousand shares of them and i really like them well that's because they've been like they busted four dollars they busted resistance that's what i'm talking about resistance they have that chart baby that's a bitcoin miner folks btbt is a bitcoin miner bitf is another bitcoin miner so if you actually want to mine bitcoin but you don't want to mine bitcoin you can just buy the bitcoin miners that's what i do i don't want to buy machines in my house making noise uh costing me electricity dealing with that headache i don't want to do that but i can buy the bitcoin miners that are doing that and if bitcoin explodes then most likely those bitcoin miners will follow it and that's exactly what's happening with btbt and bitf exactly now bitf right now the reason why i targeted it so heavy bitf is because they actually sold in may they sold all of the all of the bitcoin that they mined in may they sold it for profit great because if you remember in may we had all the bitcoin ordinals coming and that caused the network to congest and the bitcoin mining fees were outrageous which means all these miners were pocketing the cash what made btbt spike profits they came out with earnings and they were juicy so then we have others like bitf like hot they haven't busted out the earnings yet but when they do buckle up so bitf they actually made a little over 11 million off what they sold in may and they put it towards their debt nice clean up the debt clean up the balance sheet that's the right way to do it that's right and then i started looking at hot eight their balance sheet is looking tight they've been paying off a lot of bills nice which is why they're looking just about the same sexy love they're almost at the same sexy levels as btbt so these guys go they all run in a cycle together right yeah i did some btbt too soon though it's hurting me like seeing these go out the last couple days is like oh i could say that about so many stocks how about mara and riot because i love those two and they just look like they're just poised to explode well mara just went up like pretty much 30 in a couple days there you go so i was looking to target mara at 9 60 i think was the target to add one and then boom it took off wow um but it's pulling back and it's pulling back because we hit a resistance level and there's not another catalyst to make it bump there could be a couple more days of retail traders trying to bite that up personally i want to see it fall back to that 10 level so as long as um we don't have black rock saying oh guess what we're accepted within three days i think we're gonna have time to get back to that level perfect that your target and let it happen and riot is looking like a riot so riot and mara are two big miners in the united states so if you're looking for bitcoin miners i really think bitf btbt riot and mara those four are four really good plays that can make you a lot of money buying dips and selling rips and literally just using bitcoin as a gauge if bitcoin's down they're probably gonna go down when bitcoin goes up they're probably gonna scream you got it and that's exactly how it goes so riot actually doesn't have much of a resistance until it gets to about 14 dollars and the thing is is that mara went screaming but riot was just kind of creeping but this is similar to btbt went screaming had eight went screaming and then bitf creeped up and then went screaming so i think people in institutions they have their favorites and then they cycle amongst the rest and that's what i see happening because there's no reason why this was going a little bit slower except people pick favorites and say la vie now hive you will never see me buy hive again because my story is and it hurts i owned hive at 50 cents 53 cents actually because i won't forget this and i sold it just under a dollar and then it went up so big without me so i just have some personal pain with this one it's gone from what two bucks to five bucks in a very short period of time this year so it's already up over what 150 percent this year exactly and it's still looking pretty strong like the mo zone is already holding above 100 so you know just from that bottom to the bottom of the last is literally a hundred percent that's pretty good yeah it's great so i need a hundred percent on an investment in a few months any time you can make a hundred percent on an investment in a few months it's always great exactly um now what i really wanted to get into so my co-strategy hola my co-strategy is that quite nice um 10 percent in the last two days and for the stuff that's at 300 dollars hallelujah and that's the largest holder of bitcoin that is a publicly traded company in the world correct got it or does gbc and i think gbtc has more um yeah gbtc has 635 thousand um and my co-strategy has just over 125 thousand yeah so uh gbc is definitely bigger but these guys are trading at 300 bucks that's right um same and not only that they're gaining a lot of traction institutionally so they have a lot of big institutions buying their stock as well because of what they're doing so they have a price target last i looked was just over 400 and i think that that's like really conservative really conservative so it's looking good and juicy will this hold again not so sure i think if you missed this you're likely gonna be able to pick up that 300 dollar level again i just want to set a reminder for anyone who doesn't remember the last bull market is that i was worried about galaxy because the lunatic had a lot of luna the lunatic he did not did he not tattoo himself the lunatic he tattooed himself saying i'm a lunatic and then luna went bankrupt pretty much that's right and i heard later on um cmbc and he covered up his lunatic tattoo to talk about bitcoin oh man that's rough i found that kind of amusing it's amusing if for everyone except for him and for anyone holding anyone that was holding galaxy digital because they lost a bunch of money because they were holding luna in galaxy digital that's right but that was pretty crappy too but galaxy digital is at a great price now again this is what i was going to say of all the drama that's happened all year they haven't gone lower so they actually haven't even gone as low as their absolute bottom which everybody else did so that's kind of an interesting sign to me i never owned it but one thing i do remember is when it was all the way up at 46 dollars actually when it was climbing i remember you saying i told you guys about this at eight dollars because that was a pop-up and then it was 11 and then it was 15 and you're like i told you guys at eight dollars i told you guys at eight dollars so now we went to 46 46 44 yeah yeah and now is the time because a lot of these coins and a lot of these stocks you're gonna see here i own btcc dot b i own btc i own a lot of those and i got in when bitcoin was at 58 000 so i remember like it was yesterday that they were priced at about 10 bucks when bitcoin was at 58 000 because that's what i can't get nine dollars yeah they came out at nine ten bucks and that's why i initially bought it but while this has been down i've been buying more and lowering my costs buying more lowering my costs buying more lowering my cost now i own a lot of both and i'm just waiting for the next bitcoin bull market which i believe has started and with bitcoin going back now i think to those prices of 58 000 where these opened at if it can go back to those levels and higher which i believe it will in the next 12 to 24 months i think you're gonna see this go to you know 15 to 20 dollars and then if you own it and you've got lowered your average to like five six seven bucks and it goes to 15 to 20 dollars you're gonna make a killing on these stocks hell yeah you will so i mean this 13 dollar high here on galaxy bitcoin etf because canada was the first to come out with bitcoin etf that's right country but at least we have bitcoin etfs so truly this was represented sorry sorry this is representing the 65k bitcoin so clearly we're not so far away from that now remember bitcoin is up 100 this year we only need another honey to hit all time highs again that's right and it will perspective and if you're a bitcoin maxi or if you're someone that believes in bitcoin like i do and full disclosure i own bitcoin i own a lot of these assets you you believe bitcoin's going back to all-time highs because that's all it's ever done historically bitcoin always breaks its all-time highs every few years and it's a baby it's a pattern and why does it break its all-time highs every few years because what is a bitcoin having a bitcoin having means that the difficulty for mining bitcoin for miners doubles every four years so every four years it gets more difficult to mine bitcoin so in order for a bitcoin miner to be profitable the price has to go up if the price doesn't go up it doesn't become profitable for a bitcoin miner to mine bitcoin thus the entire infrastructure falls apart that's how it's structured it's not that currency it's structured for the price to go up so the miners are profitable otherwise people wouldn't mine it they'd be don't mean it there'd be no business for them to generate income that's right that's why the price always goes up during a bitcoin having because it has to for the business to sustain itself or those miners will find another business to generate revenue exactly exactly and that's where it comes in we talked about bweb last week and i just wanted to say it hasn't stopped wow look at that it this is the big nice trust etf holy snap right yeah so it's not stopping so props to anybody that owns that i don't sadly um now block has interested me and they're growing some decent momentum um and this is an etf as well so if you don't know about block take a look i think it's interesting now these i just want to give you a quick tip off i just have a couple more and this is why earning season earnings are coming now last week we talked about all the fast food companies right yep do you remember i brought fat which has that nice fat dividend yes how juicy is our week been huge week great call on that and a 7.5 dividend on fat f at now what could be a catalyst for more fat because oh not that any of us want more fat but if you want some fat this is where to get it so i see a nice uptrend on here however we're at a resistance area right yep in order to bust a resistance you need a catalyst what could be a catalyst darned in we're going to have revenues posted on this this week i think tomorrow actually darned in restaurants they have like a heap of chain restaurants that everybody eats at in the u.s under their portfolio and they're still busting all-time highs this is all-time highs if they post big revenue i think we're going to see that light up this market in ways that is pretty spectacular like look at dominoes right now yeah dominoes has been doing really well too right we called dominoes last week it had a beautiful week um and i think it could bust this resistance if we see a big revenue and darned in restaurants because that's just going to prove so if you want to see all the ones that we talked about just go look at our live from last week just to pay attention these are going to be earnings for this week that i think we need to keep our eyes peeled on black berries posting earnings i no longer own my black berry but i was actually looking to have a target on it um so i sold it and i was thinking that that 350 was a nice level maybe we could get it but if they post juicy earnings just say in well greens is reporting earnings this week and considering we just finished a flu season that could bring well greens at um i own well greens i'm down on well greens but i've been collecting dividends so it's not so painful because i'm not down that much so truly i think when it comes to these kinds of stocks like pharmacies and whatnot you have all these flu season things that are just over and that is going to post on those earnings so watch out for that and if that lights up that's going to be johnson johnson lighting app and all the other farmers general mills is posting earnings this is like all the processed food and since you'll have no farmland that could be really juicy right yeah gis general mills cereals and processed stuff and it has a dividend 2.68 that's right and it's just testing trend line so last earnings and the earnings before posted beautifully because as you know inflation has hit the grocery stores in record levels and grocery stores have actually inflated their prices more than they needed to because we've seen the grocery chains making big bucks yeah so that's why i think this is a good off keep your eyes peeled micron's posting earnings this week now when it comes to chips and ai and all that good stuff i think we really need to pay attention to micron so again they had a pullback and they're really just testing trend line so if they post nice earnings and this is over the week this could be a really nice pop definitely and then nikey's posting earnings i think the 29 it was in my just popped in my calendar i think it's a 29 last earnings on nikey did this boom so if you don't see this and know that we stopped at a higher low then there's something wrong with raffles so i wouldn't doubt if we can at least hit there which should be a nice 25 percent at minimum and if we follow the same trend on earnings we can actually see it spike before but to me just a 25 percent on 109 dollar stock is pretty happy pretty juicy and one more mkc mcormick company again is a processed food company and since everybody's buying processed foods at crazy inflated levels i think this is a good one as well little bit under 1.68 percent there for mkc yeah mkc so can you just look at one stock real quickly before we take it back yeah can you look at Pfizer for a second yes i can i know we disagree on this but i just think that i hate them for so many reasons i just think that the stock is going to go higher i hate them not just economically though not just because of the stock just because of what they did to everybody in the world i know but just look at the chart from like a chart perspective technically they look like they're finding a bottom yes but when you think about extraneous factors i'm not so sure that they're gonna have enough to pop them up i just think that healthcare stocks have really struggled this year i think that sets up for buying opportunities like how last year tech stocks struggled that created buying opportunities this year all the tech stocks exploded last year all the oil and gas stocks exploded this year all the oil and gas stocks are going down because oil is going down i just feel like these are patterns and it just to me feels like Pfizer is in a decent buy zone based on the chart now fundamentally yes they're not making as much money because they're not selling as many vaccines but what happens is after a few quarters of them getting used to not making that vaccine money they're gonna have to start generating income elsewhere and i believe once they figure out how to generate income elsewhere and they start beefing up their revenues again i believe this is the company is going to do well because it's one of those too rich to fail type companies in my opinion they got a lot of money to me they were so dead until they made a pandemic and that this yeah and they they probably they profited greatly and put a ton of money in the bank but we don't have a pandemic anymore no i know but they use that money to go and acquire businesses that is going to generate them billions of dollars and they're one pandemic away from exploding again and we all know they're working on that that's what i mean like if another pandemic comes who do you think everyone's gonna buy they're gonna run to to Pfizer by that point it's probably ready back to 45 dollars so that's what i'm just trying to say keep Pfizer on your radar because if there is another pandemic this will be one of the greatest trades like it was last time during the last pandemic and i remember buying it in the low 30s and selling it at 60 bucks and doubling my money and i just feel like it's setting up for that again yeah let's see apparently bill gates is working on tuberculosis and malaria so you know if he succeeds and bill gates has already come out and said there will be another pandemic right and now he's studying malaria and tuberculosis in china places i mean try to read between the lines but as an investor this is another one of those companies that i just feel like is in a decent buy zone that has some really good upside and a nice dividend over 4 percent i can't deny that i just i hate them you know we're not supposed to trade with emotion i feel very emotional about Pfizer and it's not the chart that i hate i just hate them hey listen i sold my Pfizer i made money the last time i sold those at 59 bucks so i see it at 38 dollars and i'm really happy i sold i know i just i can so so as an investor i'm just saying hey might be a decent buy here soon maybe not today maybe not tomorrow maybe not this year maybe next year but if another pandemic comes i'm telling you that is the cheapest of all the large cap by uh pharmaceutical companies as Pfizer with a decent dividend of 4 percent so it just seems like a decent buy for me i'll tell you when the next pandemic arrives i will give you and i told you so i promise you when the next pandemic arrives we will pull up Pfizer and i will say i will eat poop and give you and i told you so i won't actually eat poop but you know what i'm talking about i just i just like i like to talk about things before they happen that's what the best thing is anybody can chase the stock that's up anyone can chase bitcoin at 30 thousand now that it's going up but to be able to buy something at a bottom before it explodes i take a lot of pride in it i want to see how i called it with apple last year and tesla and Shopify and facebook uh and google and amazon and bitcoin and ethereum i was right on all eight of those picks eight for eight i'm telling you Pfizer is another one of those companies that's too big to fail at some point it will find a bottom i think the bottom is 38 it might go a little lower but i really believe 38 it's like a bottom it's gone to 40 a few times and it goes back down to 38 so it seems to be finding like a like a floor at about 36 to 38 i think if you get in at that price i think you're going to get a chance to make some good money because if it goes back to 50 60 and you get in at 36 38 you know that's like a 50 to 80 return on your money while you hold and collect a 4 dividend okay i kind of think that i'm going to be watching so you know the cases of of covid started to go up really covid exist in china still exist yeah it actually does but nobody dies from it they just don't care there's a thing that people think it's passed and they go oh i have covid but i'm not sick so there's still tasks going around for covid we're just most people don't get sick that's the thing however last time bill gates studied a bacteria in china it became a pandemic so he's there and he's studying tuberculosis so you don't have to worry about malaria because it won't live up there we might have to mexico but you know wait when you started seeing cases of tuberculosis rise in china that's what i'm going to say okay let's go ourselves advisor all right okay so everybody i just wanted to let you know amanda can we stop sharing the screen for a second say goodbye to everyone i just want to let everyone know that amanda has a business in mexico and internationally called bitcasa homes she is now selling as a broker properties in mexico you can buy them with bitcoin you can buy them with fiat you can buy them with many different options but she literally has bitcoin maxis that are buying these properties now in bitcoin if you would like to buy a property in mexico you can get one in mexico as well and the prices are phenomenal condos for like a hundred thousand hundred fifty thousand to two hundred thousand us i mean you can't even get a parking spot in canada for that anymore here in bank money making condos the rental income generating condos so that's where it comes in so right now because bitcoin's on fire people are willing to buy things with bitcoin again so if you're looking for real estate you can talk to amanda about that talk to me about that we're going to be working on a lot of different projects together in the meantime guys if you're winning probably because you're watching we're bringing the winners we're bringing the chart analysis we're bringing amanda's analysis every single week next week we're going to do a special episode where we're going to talk about buying real estate in mexico with bitcoin so stay tuned to that next week this week let's watch this momentum continue in bitcoin and cryptos and all over the markets hopefully you learned something from today's session amanda does a great job with the charts amanda thanks so much once again from mexico uh giving us your chart analysis on all the top stocks news and bitcoin and cryptos for the week we're all about making money here so let's talk about a little bit more next week we're diversifying into real estate so excited for that yeah super excited thank you guys for watching if you're not winning you're probably not watching we're bringing the winners bringing the chart analysis ceo interviews breaking news and we bring it to you first make sure you go and subscribe to rich tv live everywhere and rich tv all over social media go and join our website and ecosystem built by investors for investors you're going to see a section for real estate there where now we're going to be selling real estate in mexico with amanda super excited about that i'm excited to have you on the team it's amazing we continue to grow and we will always continue to grow and we're always going to be an innovative company looking for different ways to generate revenue and be involved in the single greatest investment of our lifetimes bitcoin so hopefully you are learning hopefully you're winning hopefully you're watching have yourselves a great day have a great week amanda have a great week in mexico and thank you for watching everybody we'll see you you guys soon