 Welcome to the Rich TV Live podcast. I'm your host, Richard DeSousa, and today we're going to talk about the hottest stocks and cryptos in the world, live and interactive, right here, all over social media. And we really appreciate you guys, wherever you are, if you like these videos, please smash the like button, comment down below, share the video everywhere, and subscribe if you're alive. All right, we're going to talk about what is the biggest mover of the day right now. The biggest mover of the day is PXMD. You can see here, it's a penny stock, had this big gap up pre-market, and then this massive candle. So lots of day traders, lots of momentum traders jumping in on this one, PXMD, the number one mover of the day, up 109% on a red day, to be quite honest, across the board. INDO, this is one of the oil and gas plays Indonesia Energy Corporation with oil and gas doing very well. With gold doing well, with Bitcoin doing well, there are moves to be made in the market. This is one that does very big volatility, INDO. You can see the big candle here, it did go higher and then sold off. So proceed with caution, INDO now up 61%. And you can see, this is a very choppy one, makes big moves up and down. So wouldn't be surprised to see this continue to make big moves if oil continues to go higher. TPET, up 76%, one of the bigger movers of the day, as you can see here, big green engulfing candle for TPET, now it's a penny stock, in no man's land at 40 cents. So please proceed with caution, remember Rich TV Live is strictly for information and education purposes where investors just like you, and past performance is not always an indication of future results. We can't guarantee this will continue, but it's got momentum. EZGO, big engulfing candle, up 50% of the day, $2.39 cents stock, definitely want to put on your radar and put on your watches, one of the biggest movers of the day. HUSA, another big mover, up 38%. Look at the volume here in the bottom right corner, 7.56 million shares traded today, average volume only 492,000. So really big volume day today for HUSA, up 39% of the day. Now here's one that we were watching yesterday, continues today, MNDR, continues with that momentum higher, MNDR, you can see the five-day chart, this has just been going up. Every day this week, MNDR has paid, so put them on your radar and on your watch list, they have momentum. Here's the VIX, I told you if the market continues to be red, the VIX is a way to trade the market, VIXY, not disappointing, up 8% on the day. That's a VIX ETF. Rent, we talked to you about rent yesterday, they continue to go up today, up 14% on the day now, so a huge, huge week for rent. As you can see that they've really made moves all week and they've been paying investors all week. Here's TAU, this is Thesis Gold, a company that we featured a couple months ago at 40 cents, they're now at 75 cents, congratulations to investors on Thesis Gold. Here's Barrett Gold, we've been talking about them all week, we told you this is the best in-class gold play with the dividend and they're not disappointing, up 1.6% today at $18.34. Apple, we've been talking about buying the dip on Apple all week, how it was a good buy at 170 or under, we're at 176 now, I guess people were listening. Bitcoin, so Bitcoin, man, every time it gets to 70,000 it sells off, so it's very difficult for me to trust it at that level because it just doesn't stay there, there's just too many sellers at 70,000 right now, so very difficult to trade this right now as it seems though every time it gets over 70,000 it sells off, so we're at 69.5, very difficult to predict what it's going to do on the weekend and it's been flirting with 70 and 71,000 and every time we get to 70 and 71,000 the sellers come out and it drags it back down to 69,000, so going to be interesting to see what it does seven days away from Bitcoin halving, we're right around the corner and Bitcoin is at 69,500 at the top of the highs of the last bull market and we're about to start this new bull market, so I think we will see some price discovery well above 70,000, just very difficult to predict exactly when, but we'll be here every day to show you what's happening in Bitcoin and give you our analysis and give your opinions on where it's going from here, but you can clearly see that it has been up for all these green months in a row and this is the first month that it looks somewhat red, but we're not even halfway through the month, so I wouldn't be surprised to see this finish green, I wouldn't be surprised to see it finish red either, so we're going to watch it closely and like I said, we'll be reporting on you every step of the way. Google, Google at all time highs now at $160, Google continues to push higher, we love Google, we told you this is the largest best in class company as far as search, number one search engine in the world, they also own YouTube and other assets, we love Google and they're at $160 right now, Doge been doing a little bit of a pullback at 19 cents, the Dow Jones as you can see here red day for the Dow Jones down 300 basis points, Amazon coming down from all time highs, we've been tracking Amazon as well and they're coming down from all time highs, S&P 500 also red on this Friday, Tesla also red on this Friday and the NASDAQ 100 giving back gains from yesterday, having a big day yesterday and giving back those gains day on a red Friday. IBIT, this is the Bitcoin BlackRock ETF, I hear now they have over 270,000 Bitcoin, just an incredible amount and they continue to accumulate Bitcoin but they are in the red today, so it might be a buying opportunity, very difficult to tell though, meta down 1% today at $517, GBTC, another Bitcoin ETF in the red today with Bitcoin in the red today, Ethereum down 1.4%, dragging down Ethereum investments, NVIDIA down after a big day yesterday, Coinbase down 2% after a big day yesterday, MicroStrategy's down 2% after a big day yesterday and Solana down 2% after a good day yesterday and then ETHG, one that I'm really thinking about buying, they're pulling back right now with Ethereum pulling back, it's another one that I'm thinking about positioning myself for the Bitcoin having, which is literally just days away. Reddit had a good day yesterday, they're now giving back gains and Mara had a nice day yesterday and they're giving back gains down to $16 now and one that I'm watching very, very closely because if you believe that Bitcoin is going to pop after the Bitcoin having, which I do, then you need to be looking at plays like Mara, which are now starting to provide an opportunity. Alright, let's just quickly take a look at MarketWatch, you can see here the Dow Jones down 300 points, big red day for the Dow Jones, S&P 500 down 46 points and the Nasdaq down 164 points or 1%. The VIX up big, up 20% today, so huge day for the VIX, gold continues to go higher at $2,417, up $44 or 1.88% and oil at $87 up 2% or $1.99. So that is what is going on in the overall markets. Alright, so I hope you like these videos and remember, if you do, it really helps if you smash the like button, comment down below, share the video everywhere and subscribe. We're always tracking the hottest assets every day, PXMD. See here, PXMD is having a big day. As you can see, that was the gap up. This open space was the gap up and then the consolidation PXMD. Now up 104% of the day, TPET up 75% on the day, big move for them. You can see that they've really moved up nicely today. And INDO, oil and gas, energy, Indonesia, energy corporation limited, energy minerals, oil and gas play, and they are up 62% on the day with oil doing well. INDO is following suit and then EZGO up 49% on the day. You can see here, this was the gap up pre-market and then it continued higher, much higher and now it's consolidating sideways. Now they did get a buy signal from our MACD here at 238. So it wouldn't be surprising to see it go higher from here, but very difficult to tell with it up 49% on the day. HUSA up 33% but the RSI tells us this could go higher. We'll be watching this closely. And then MNDR, one of the biggest movers all week we've been talking about and they continue up 27% and RENT continues higher up another 10% of the day. The VIXY, as we told you guys, the VIX would be a way to trade this week. They are up 8% and then there's our gold play. These is gold. We interviewed the CEO when we were in Thailand and you could see that they have done extremely well. When we look at the last three months, you can see this chart. That line at the bottom there at 43 cents is when we interviewed the CEO. They are now at 76 cents. So almost a double since we interviewed the company and featured them on our broadcast. Congratulations to investors that got in for the win. Once again, bear gold with gold looking good. You got to assume bear gold will continue to be strong. Apple at 176, I think that I told you guys that under 170 Apple was a good buy. And clearly I wasn't the only one that thought that. Doge in the red today, Google in the red today, Bitcoin in the red today. So the question now is, what does Bitcoin do from here? Last weekend it went up. It was down on Friday last week and then on the weekend it went up. Will we see a reversal of that? Will we see a repeat of that? Very difficult to tell right now because it seems like every time we get to that 70,000 our Bitcoin sells off. So we got to really bust through that resistance, which I believe we will. Just don't know exactly when. Here is the Dow Jones in the red, Amazon in the red, S&P 500 in the red, and the Nasdaq 100 in the red. So we're seeing a lot of red today. Tesla at 172 and in the red meta in the red, IBIT. This is the BlackRock Bitcoin ETF down 1%. One that I'm looking to buy the Vidya down today, GBTC, Bitcoin ETF down today, and Ethereum down 1% today. So nothing huge, just small little moves down, but definitely makes you think when you're investing. Here's Coinbase, one that I sold at 253 took profits, bought at 176 sold at 253, did really, really well. That was my one trade that I did extremely well on. While I was on vacation and in Asia, and it really made my trip. Here's Microstrategies at 1500 down 2%, Solana dropping aggressively down 2%, ETHE 1, like I said that I'm watching closely that I want to buy, they're down 2%, Reddit after a big day yesterday down 4%, and then Mara right now down 5% a Bitcoin minor. All right, is there anything I can remove off this list today? Oh, look at this PXMD just went down a little bit. So now we're at 99%. So if you chase this all the way up past the dollar, you're stuck. This is why in this market, it's very choppy. I'm not really interested in chasing anything, because I don't think it's going to end well. It's just such a choppy market, very difficult predict where anything's going to go from one day to the next right now. And there's a lot of news to make you think that things could go lower, like CPI inflation went up. That's not a good thing. When inflation is going higher, that's not a good thing. That typically means that the market could go lower. And it also means that the Fed could raise rates. And that's the last thing we want. We want the Fed to reduce rates and cut rates. We don't want them to raise rates anymore. So very difficult time to trade right now, very unpredictable in my opinion. And this is why I've been staying out of the market for the last couple of weeks and just looking for a trend and a pattern. And we are going into earning season. So things could definitely change. But I'm still very cautious right now sitting in a lot of cash right now and holding a lot of Bitcoin. That's kind of what I'm doing right now. Sitting in, I would say half my assets are in cash right now and half are in Bitcoin. And I'd like to put more into Bitcoin, but I'm just not sure where it's going to go right now because we have one week away until the Bitcoin having and it's like one of those buy the rumor, sell the news events. And I'm worried that people are going to sell the news on the fact that the Bitcoin having is done, which is about a week away. So sitting at 69,000, the top of the previous bull market and we're at the beginning of the new bull market. So really difficult to tell. I do think long-term we're going to go higher, but short-term I'm not sure. So that's why I'm not making any trades right now. I'm just sitting on the sideline. I'm obviously holding all my Bitcoin, but I'm also holding a lot of cash and waiting for some type of a guarantee in the market before I make a decision. Now there's no guarantees in the market, but when I trade, I like to kind of see a trend that I can really trust. And right now it's very, very difficult to find a trend that I can trust in this market. Obviously gold is hot. Obviously Bitcoin's hot. Obviously oil is hot. Stock market's been hot. And everything is around all-time highs. What you don't want to do is get caught up buying things at all-time highs. That's a problem. So I'd rather sit on the sideline and not make money trading right now than get caught buying something at all-time highs that doesn't make your pullback. So that's kind of my problem right now. That's my dilemma. And I'm going to sit on the sidelines until I feel comfortable to make a decision. Obviously I like to buy on red days. This is clearly a red day. But I just, I don't know, something my gut is just telling me to wait. Gut is telling me to wait and be patient. Don't rush it because if I rush it, something can go wrong. All right, let me show you what's coming here for Bitcoin and why I'm very, very bullish on Bitcoin. So this is always the biggest catalyst for Bitcoin. It's the Bitcoin halving. The Bitcoin halving is literally seven days, 12 hours, 12 minutes, and six seconds away. So we are literally like right there, you know, like we're right there. We're a week away from the Bitcoin halving. And the reason why the Bitcoin halving is such a huge catalyst, it reduces the amount of Bitcoin that are in circulation for miners to mine. So the block reward will be reduced from 6.25 Bitcoin per block to 3.125 Bitcoin per block. So that means that miners will only be able to get half the amount of Bitcoin. They were getting previous to this Bitcoin halving when they're mining Bitcoin. That typically drives the price higher because the price has to be higher for these miners to be profitable. Otherwise, they turn off their machines. They're not profitable and they're not going to mine Bitcoin. And then the entire network won't work. So in order for this network to work, the miners need to be profitable, which is why the price always goes up every four years. This is a huge catalyst for Bitcoin. But there's been a lot of buy the rumor, sell the news FOMO. There's been Bitcoin ETFs buying Bitcoin by billions of dollars. So you have to assume that there's going to be some type of a buy the rumor, sell the news event. And the question is when. So that's why I'm very, very cautious. I'm holding my Bitcoin, but I'm not in a rush to buy any Bitcoin related stocks this second until I feel like there's some type of a true pattern in the market, which isn't hype driven, which is really difficult to tell. Very difficult to tell. Now you can see here, we've been in a true pattern here where we've had, these are the monthly candles. One, two, three, four, five, six, seven green months in a row. That is a true pattern that I can trust. Now we're forming our first red month. So this last big move here that happened during the last bull market, that happened from October all the way into the next year until March of 2021, October of 2020 until March of 2021. So if we assume that we're going to have five green months again at some point this fall, my question is what is going to happen between now and the fall? Now if we look at the last bull market that started in 2020, in April of 2020, we had a green month. In May of 2020, we had another green month. In June, we had a red month. In July, we had a green month. In August, we had a green month. September, we had a red month. And then we had this massive five, six months of green starting in October, going all the way until April of 2021. So I think we'll probably have something similar where we'll have a choppy summer. And then probably either in September or October, we'll see Bitcoin really take off. So really, really cautious right now. Don't want to make mistakes. Want to make all the right moves so that I'm positioned for October. That's what I'm thinking right now with Bitcoin. I want to be ready for October. I want to have as much Bitcoin and as much Ethereum as possible, either in physical Bitcoin and Ethereum, or in ETFs, stocks like Coinbase, stocks like Bitcoin ETFs, like these are the ones that I'm really thinking about buying right here, the BlackRock ETF, which has done extremely well. I'd like to see that pullback before I get in, but love to own a piece of this, the BlackRock ETF, GBTC, it's another Bitcoin ETF that I'd like to get in on, also trading very high, and the Ethereum ETF, soon to be an ETF, ETHE, which is also kind of trading high. As you can see, it's surged up. Now it's pulling back. So when do I get in? So hunting these right now, very closely watching them every day. Love to get in at some point, but I want to get in when they're down. They're down a little bit today, one to 2%. Does it really motivate me to buy down a one or 2%? Not really. I'm thinking about it, definitely thinking about it, but I'm not going to act on it right now because it's very difficult. It's very difficult to determine what it's going to do next. So I'm just going to sit in the sideline until I see, like I said, a true trend that makes me believe that we're going way, way, way higher. All right. Hope everyone's having a great day. Want to wish everyone a fantastic weekend. I'm your host of The Most True Board, Rich, and Rich TV. If you're not winning, you're probably not watching. We're bringing the winners, CEO interviews, breaking news, training topics, and we bring it to you first. Crazy week with the CPI coming in hot. I really don't know what to think other than it's worrisome because it makes you wonder what the Fed's going to do next. We were waiting for rates to get cut. Now it looks like they might even increase rates. We do have an election, which makes me believe they will cut rates because why would you, if you're the president, want the markets to be red while you're the president? That wouldn't be a very smart move. So you'd have to assume they will cut rates near the end of the year as we get close to an election in November. So lots of different things that are affecting the market. We're also going into earning season in the next two to six weeks. Most of the companies will be reporting their earnings. That could be a huge catalyst or it could be a drawdown on some of these assets. So we're going to watch closely. I really like Coinbase. I just made a big trade on them, made really good returns. Bought at 176, sold at 253. It's sitting right out 257. I'd like to get back in, but I like to see it do a major dip. It hasn't had a major dip. So I'll be watching closely and if you want to learn about these types of trade ideas, feel free to join our website and ecosystem absolutely free at richtv.io, an ecosystem built by investors, for investors, where we navigate the markets together every single day, 24 hours a day, seven days a week. You can see all of our featured videos, our collaborators, and we unleash market potential with key features, including personalized watch lists, expert top picks, real-time market alerts, vibrant group chats, in-depth technical analysis, and interactive live trainings like we're doing right now. And we also track our top 10 soaring stocks and top 10 crypto movers every single month. All right. All right. At this point, I'm going to wish everyone a fantastic weekend and hope you all had a great week. I know it was a tough week overall, but hopefully next week will be a lot better and we'll get back to some type of real trend in the market. But obviously, with the CPI coming in the way it did and inflation higher than we expected, we had to expect we're going to have a red week and that's what we've had. Mind you, it's been really good for gold. It's been good for oil and Bitcoin's done well. So some assets still making a move, so you can still follow those trends. You can jump into gold stocks. You can jump into Bitcoin and Bitcoin related stocks. You can jump into some oil and gas stocks. Those are definitely where investors are jumping in, but you also don't want to jump in at a top. So be patient. Make good decisions. PXMD just went back up over 100% of the day. There's PXMD now up 111%. Indo and oil and gas play that's very volatile, having a very big day up 72% of the day. TPET up 58% of the day. EZGO up 53% of the day. HUSA up 39% of the day. MNDR up 24% of the day. VIX, VIXY up 8% of the day. This is how you make money in a red market as you buy the VIX. Rent was up earlier, giving back some of those earlier gains. So imagine if you chase that, you wouldn't be very happy right now. And those are the markets right now. Thank you guys for watching. Have a great day. You're boys out. We'll be back next week. Peace.