DO NOT F*** This Up‼️

You got to be flipping the flapjacks right on the floor. Dow Jones Industrial Average down over 4,000 points from the highs it hit not that long ago. Now down over 8% now at this point in time. We're looking at Coinbase stock here down 51% from its highs. Micro Tragedy down 70% from its highs. SoFi down 40 about 47% from its highs. The Hood Back to the Hood down 50% from its highs. Little Dingo is down 81% from its highs. That is Dual Lingo. Hims is down 64% from its highs. Tussle's only down 20% from its highs. Looking at Palanteer stock here, Palanteer is down 26% from its highs. Meta Meta Platforms the beast. Even big techs have been getting hit. This stock is down 22% from its highs. Oracle stock down 53% from its all-time high. Amazon stock down 17% from its highs. Nvidia, the most amazing numbers in the world. What an incredible company. And yet, stocks down 13% from its highs. Shopify is down 31% from its highs. One of the most underrated great companies in the world is Shopify. AMD, look it, they're going to have just unbelievable growth rates moving forward, but that stock still troubled. Down 25% from its highs. Adobe down 60% from its highs. Salesforce down 47% from its highs.

Here we are folks once again in a moment in the stock market where they're saying don't buy stocks. Don't buy stocks in 2026. Right? This time is different. We got a lot of scariness out there, right? And I have some opinions on this subject. Three core subjects we're going to get into in this video here today. First one up here. I'm going to make a very strong case why you need to be buying stocks heavy heavy in 2026. I'm also going to share some shocking information in this video about what I'm doing with my money moving forward in terms of the stock market. That's going to be uh I think pretty eye openening for a lot of individuals and kind of understanding what I'm up to, why I'm doing it. Okay.

From there, second subject we're going to get into here today is I'm going to address the top comment I had on yesterday's video. I think it's very important. Third subject up here, Micron. That stock is moving down and their earnings were shockingly great. Unbelievable earnings. Okay. Why? What's going on? There is an opportunity. Those sorts of things. Okay.

I appreciate you for joining me for today's video. There's one thing and there's one thing only I need from you guys here today. If you could make my day, I would be very happy. Just smash the like button. Just hit that like button. Smash it. Hit it lightly. Hit it like a fairy. Do whatever you got to do to make it glow. Thank you very much. Additionally, make sure you're subscribed here to the channel. You can see more of my videos in the future. If you're subscribed, we are now at over 920,000 subscribers. If you haven't subscribed, what the heck are you doing? Join us. Okay.

Alrighty, ladies and gentlemen. Listen, I wanted to start today's video looking at interest rates in in thinking about things like what if you were to buy a home right now? What if you're going to take on credit card debt? What about a used car? Those sorts of things. Okay, the 30-year mortgage rate right now is uh 6.36%. Credit card interest rates are pretty close to 20% right now. Uh average the average interest on a used car loan right now is right around 11%. Average. Brutal. Brutal. Brutal. Right. Right now it does not make sense to buy a new home, a new car, to take out a bunch of credit card debt, any of that stuff. And I mean I mean credit card debtor basically never makes sense to do that. That's craziness, right? You can use credit cards to get points as long as you pay it off right away, but never pay interest on a credit card. That's insanity, right? Right now, it makes money to put money. It makes sense to put money into stocks in the short term, not to go buy a new car unless you absolutely have to, right? If you absolutely need to buy a house right now, you can go buy a house, right? But at the end of the day, it makes the most sense short-term, meaning likely the remainder of this year, so let's say the next nine months to be putting money into stocks and not go buy a new $40,000, $50,000 used car, right? Like it's just not a good time to be doing something like that.

If we look at me and my purchases I've made over the last few years that are kind of big ticket things, I've moved away from taking out loans really on like cars. Cars I used to always take out loans. I would never buy a The only car I ever bought cash was like uh my second car ever. It was a Hyundai Elantre. I bought it for $3,300 from somebody. Other than that, I've always been the type to to get a car loan cuz you know why? I'm thinking about in terms of the rate I a return I can get in the stock market versus what I would take out car loans for. Like car loans I would get them at like you know 2 3 4%. Very low numbers. I've moved away from taking out car loans. The Ferrari I bought, you know, back at the end of 2024 cash. The Model X I bought cash. That one was the end of last year in 2025. And even my new house I'm buying, right? That I put 30% down for all the projects that are going on in that house. All buying buying everything cash. There's no like loans on like the backyard projects or anything like that. All the furniture, which is going to be insanely expensive, all cash. Not taking out loans for any of that. I've really started to move away from like taking out loans on things. And I think we all need to start doing that until, let's just be honest, interest rates are a lot lower than where they're at right now. You do not want to sign your name. I mean, if the average is that, some people are going to have to sign at 14 15% rates, maybe 16 or 17% rates on on a used car loan. Come on, man. We can't be doing that stuff, you know? So, right now, it makes the most sense possible to be putting your money into stocks.

Now, if we can get continue to get more weakness in the real estate market, right, and mortgage rates come down simultaneously eventually, you know, it's it can make sense to for a lot of people to buy homes. But right now, I think the only homes that are really make sense to buy for the most part from what I'm seeing is really the high end of the market. High end of the market's pretty weak right now. And but the high end of the market, a lot of people can come buy those homes cash. So, do keep that in mind.

Look at this here. This is a fear and greed index. We're now in extreme fear for the stock market. This is certainly not the craziest reading I've ever seen, but we are in extreme fear for the market. The previous close, we were also in extreme fear. So, we are now even more in extreme fear, right? A week ago, we are also in extreme fear, but not nearly. So, basically, we have a trend of the fear and greed index, which kind of takes like seven very important factors into account to kind of give you this reading here. We're moving further and further into extreme fear is basically the moral of the story. If you look at a month ago, we were in fear for the stock market. It was at a 41. So, basically, we have this trend of the market moving more and more further into extreme fear. Uh, that's always a great time to buy. I've never seen it where you've had a trend where you moved further and further into extreme fear and it wasn't a great buying opportunity, you know, to catch the absolute low. Difficult. But the moral of the story is, ladies and gentlemen, listen, you need to be buying stocks right now. You need to be buying stocks and you need to not stop buying stocks. You need to be buying stocks next week, next month, the month after, month after. you this is like an aggressive kind of time to be buying right now.

Look at AI investor sentiment. We have a clear trend toward bearishness, right? So the historical average is 31% of investors that do this survey, you know, and basically the survey is are you bullish on the market the next 6 months are bearish, right? Or neutral. And clear as day like we're, you know, significantly above where you're supposed to be at for historical average for people feeling bearish about the stock market the next 6 months. The latest reading came in at 46.4%. Versus usually 31% of people are bearish on the market the next 6 months. Now, I use this as a contrarian kind of way of knowing if you're buying stocks at good valuations or an attractive time to be a buyer of the market, right? And usually the further and further this gets into bearishness. Usually, I mean, it's just another one of those things. Every time I see this goes very very bearish, it always ends up being a great time to be a buyer of stocks. and you look back a year later, a few years later, and you're like, "Oh my gosh, remember when everybody was bearish and like it was a great time to buy." So, when you see AI investor sentiment continue to go worse and worse, bearish, and you see fear and greed index continue to go further and further bearish, you need to be buying, buying, buying, right?

Look at this. I typed in Google Trends. If you guys never look at Google Trends, I think it can be valuable. Uh, how to buy stocks, right? or yeah I think I put how to buy stocks which is probably a popular term that usually when people are looking to buy stocks they're going to be searching something like that right and so I did this trend kind of over the past 6 months roughly and that has definitely dropped off a cliff right lot less people saying how to buy stocks why well the stock market's very weak right now additionally right usually people kind of are start looking into stocks when they hear from their friend their family member I'm just made another $10,000 in the market I just made another $5,000 in the market. Look at this. I just doubled my money on this stock. Right? And you hear a lot of those stories and then other people start looking and like, "Oh, my buddy who's not even as smart as me, he just made himself $14,000 in the past month on his stock market portfolio. I should probably look into that." Right? And these stories get talked about. You see also see on social media and more and more people start looking into like, how do I buy stocks? Like how do I do this? Like like this is interesting, right? I want to start making this money everybody else is making. And that term has obviously fallen off quite significantly. So, we're in a time period where just not as many people are kind of looking to buy stocks right now, right? Now, this can also spike up when you're in a crash. So, do keep that in mind. Um, yeah. So, like let's say the stock market, let's say the S&P 500 went down 20% over the next months. Probably not happening, but let's say it happened, right? This term would spike huge. Um, and that doesn't mean it was a bad time to buy in the market. That just means like because the crash was so dramatic and everybody in the media was talking about it, it makes people say, "Oh, let me look into that."

right now. Look at this. I typed in this term, pretty popular term, stocks to buy over the past three months. Look at where we're at right now. You know, that's fallen off a cliff certainly from the excitement there was, you know, in the past. And if you look at a six-month, you see even a dramat more dramatic move. Now, I also typed in this term stocks to buy over the past 5 years. And look at this, right? Obviously, you can see clear trend of major downward move there. But gosh, man, this hurts me to see this. Look at how low this term got at the end of 2022. I mean, think about that. People missed a thousand% plus gain in meta in Nvidia. They missed Meta at $88. They missed Palunteer at $6. They missed Shopify at $25 and countless other great stocks and great opportunities. And people just took like a buyer strike basically from the second half of 2022 into the first half or no, basically into the beginning of 2024. And what a disappointment, man. Because people just missed incredible opportunities in the stock market. Like just ridiculous steel deals all over the place.

And why was this? I'll tell you exactly why this happened. It happened for a few reasons. One, inflation. Inflation slice and dice a consumer out there. So, a lot of people didn't have a lot of extra money at that particular time to invest. So, that definitely played a part. It wasn't the biggest part, but it played a part. two, coming off of the hype and excitement at the end of 2020 and into 2021 and then going through a brutal bare market where the NASDAQ fell 37% peaked to trough that damaged a lot of the psychology of the market and a lot of people just gave up. They threw in the tally, said, "The hell with this. I'm not doing this anymore. This stock market thing sucks." Right? That happens. Don't let that happen to you guys. Oh gosh, it every time it happens. You get into a correction, you get into a bare market, and people throw in the towel, say, "I'm done with this. I'm out." And they either never come back, so they just miss like incredible, life-changing money over the years, or what happens is they leave for a while, and then guess what? They come back when everybody's already made a ton of money again, and you got a raging bull market because they like, "Oh, everybody's making so much money now. It's safe to invest again." and they end up getting in near all-time highs and end up getting screwed again, right? And so, you got to stay in for the long term. Don't throw in the towel in this game.

Tell you guys about a a good friend of mine. Good friend of mine. I tell the story sometimes. You know, this man, he got screwed in the housing bubble. Housing bubble in Vegas. He bought a house at a really bad time, right? Right before the the housing crash and he decided to never return to the real estate market. the man's, you know, just rented all these years because he refused to buy a house again. And gosh, he could have made so much money if he'd been buying homes over these years and like even buying real estate investment properties in Vegas. Like, I mean, look at how much things have appreciated over the past 15 years in Las Vegas. I mean, it's incredible, right? So, with stocks and with real estate, can you buy at a bad time and get screwed? Sure, that can happen. But never ever leave the market. stay in for the long term because if you stay in for the long term, even if you bought at the worst time imaginable, you're still going to be get some great deals over future months and years to buy at prices that are just silly. You could have bought in the tech bubble when the NASDAQ was 4,000. You know, that was close to peak. And about two years later, roughly, the NASDAQ was at a,000. Now, you could have threw in the towel and said, "Oh my gosh, like I'm never returning the stock market. I bought the NASDAQ at 4,000. Now it's at a,000." Imagine if you just stayed buying over those months and over these years and like the NASDAQ is what 20,000 today something like that. Think about all the stocks that are great companies and that you know Amazon's probably returned 100,000% plus just you could have just bought Amazon stock not even we're not even talking Apple and all the other great ones over the years just Amazon you would have been you would have you know life-changing money have so much money you don't even know what to do with it. You're like trying to figure out should I buy a new helicopter or should I buy a new yacht? Like it's just ridiculous. But people throw in the towel when you're in a correction or in a crash. They leave the market. Worst decision. Worst financial decision you can ever make. Put yourself in a position you got more income than expenses. You can continuously invest in the market and let the game play out, man. Don't leave the market.

Oh, by the way, another reason a lot of people left the market during this time, I'm gonna be completely honest with you guys because I saw the comments. A lot of a lot of people didn't want to buy under Biden. They thought, "Oh, you know, Biden's president. He's doesn't know what he's doing. We don't believe in him, so we're not buying stocks." Right? You can play these games, man. You can play these games, but you just miss out on so much money. So much money, right?

I posted this on my X page here today. You can uh follow me on X. That will be linked in the description area down there if you want to follow me on X. My X has been popping, man. Popping. But I posted 16 popular stocks down huge from all-time highs, right? And think about it, you know, these stocks down huge. People were piling into these stocks last year. And why were people piling in? I'll tell you exactly why they were piling in. T-man optimism, Trump optimism, a lot of people very excited. Trump's a president again. Stock market's going to go crazy. Bitcoin's going to go crazy. Everything's going to go crazy. We're going to make so much money, right? And you know, playing politics, you're going to learn a very painful lesson. You want to play politics in the stock market, you're going to learn a very, very painful lesson. Do not buy stocks because your guy is in office. Do not hold out on not buying stocks because your guy is not in office. It's ridiculous. That has cost people a fortune over time. I don't care who the president is. I don't care if you love him, you hate him, you buy stocks. I got in the market. Obama was president and I bought stocks. There was a pretty close next election. No, when I bought when I bought my first stock, when I bought my first stock, technically George Bush was still president. Okay. Then Obama was president. Then it was a close uh election between Mitt Romney and O Obama, right? Pretty close election, relatively speaking. Uh guess what? If Romney won, guess what I was going to do? Buy stocks. And Obama won. Guess what I was going to do? Buy stocks. And I did it. And then Trump became president. A lot of people scared. Oh my gosh, Trump's president. I don't know about this, right? Guess what I did? I bought stocks. Then Biden became president. Guess what I did? I bought stocks. Now Trump's president again. Guess what I'm going to do? Buy stocks again. Next election, who's going to be president? JD Vance, Gavin Newsome, who knows? Who cares? You buy stocks. Don't play politics unless you want to cost yourself a fortune over time. Don't play. It's stupid games. You want to play stupid games, you win stupid prizes, and the prizes are not good at this casino. Okay? Don't do it. Don't do it. Do not let your politics decide whether you invest in the market or not and whether you feel good to buy stocks or not. Yeah, I'll say it again. I'll say it again. And yet people will make these dumb decisions. And please try to talk some sense into people around you when they're, you know, on this like buyer strike. They don't want to buy stocks cuz this person's president, that person's president. Please try to talk some sense into people. And if you can't do it and you can't get through to them and they're too far gone, they're too far gone. It is what it is. But it's just ridiculous, man. Just ridiculous.

Now, you want more evidence on why it's a great time to be buying stocks? Well, let me present you some more evidence here. The VIX. The VIX has been elevating significantly. If I recall, I pulled up a Yeah. year to date on the VIX. The VIX is up 68% year to date. Okay. We got an elevating VIX here. You got to be buying stocks over the next six to nine months heavy. You know, whenever you see the VIX popping, popping popping and remaining elevated, it's usually it's always a great time to be a buyer of stocks. The higher the VIX goes, understand the more of a great buying opportunity you're usually getting in the market. So, if now we go from where the VIX is at 25, let's say we keep moving up here, next thing you know, the VIX is 35, 45, just understand like you're getting great deals on stocks. And I've never seen it in my life, which you know, my life's really long. I studied before I was in the stock market, but I've been in the stock market what 17, 18 years now. I've never seen it where the VIX was popping massively and kept elevating, kept elevating, and it wasn't a great buying opportunity. It always is. So, just understand that, ladies and gentlemen. Okay.

Put to call ratio here. Look at the put to call ratio. 0.91. So keep in mind there should always be a lot more people buying call options versus put options because guess where the market usually goes over time up. Most years the stock market goes up. Most months the stock market goes up, right? But we're at a moment here where people are loading up on put options, right? They're loading up on put options. The closer this gets to one, the more you need to buy heavy. And if you see it go over one, especially for any significant amount of time, you got to be loading the boat on stocks. Usually people are late to play this game. They start buying puts at a bad time when they should have been buying puts. Like if you wanted to buy protection on on your portfolio and buy put options because you thought the market might go down. You should have been doing that a month ago, two months ago, not now. You know, people are usually late to the game. They'll keep loading puts, keep loading puts and um next thing you know, market flips the other way and they're like, you know, next thing you know, their put options are expiring, worthless all over the place, right?

You want more evidence. I can't mention the word, okay? Because I mentioned the word in a video the other day and then next thing you know, I got age restricted on the video. So, we're going to call it Rod Wave, okay? There's uncertainty regarding Rod Wave right now. We don't know what's going to happen in that situation. We don't know if that's going to go another few weeks, another few months. Experts are talking about this is going to be a much longer situation than what was talked about here. But here's the thing, okay, in regards to this Rodwave situation, do not automatically assume this is going to go on forever. So even though the experts are now talking about this is going to be monthsl long process or this could take years which maybe it is don't automatically assume that's the case. Remember what happened liberation day last year with the whole tariff drama, right? Like that people thought was going to be devastating and next thing you know we saw this happen, this happened and all a sudden it was like, oh, this isn't as big a deal and this is getting removed and this is getting removed and okay, this this caveat here and so just understand like now people are talking about this is going to be a long run thing. Who knows? Maybe it does wrap up in the next few weeks. I don't know. The moral of the story is there's a lot of uncertainty around Rod Wave right now. And when there's uncertainty around a situation like this, a geopolitical situation, usually have to be buying stocks during that particular time.

We have more uncertainty around Jerome Pal. Jerome Pal's talking about he's going to stay on as a Fed at the Fed until you know the whole investigation's over and stuff like that. So now people are up in the air and they don't know what is going to happen here regarding Jerome Pal. Does this mean the Fed is going to remain more hawkish than people had previously thought? That that's that's a real talk right now, right? And so this is a debate now. People are wondering how many times the Fed actually got a cut. Are they going to cut? Right? All these sorts of thought processes here. And I understand people have an opinion on Jerome Pal, right? A lot of the people's opinion is just because T-Man says he's bad guy. So a lot of people don't even think and they're just like, "Oh, T-Man says he's bad guy. He's bad guy, right? Is crazy. Like I can't believe people can be brainwashed by politicians the way they are. But anyways, that's a subject for another day, right? Like wild. I hate politics. Did I ever tell you that? If you've been watching my channel, you know that, right? Hate it. So Jerome Pow, I don't like him either. I think he made massive mistakes. He pumped way too much money into the economy when he should have been laying off. He let inflation run wild at a ridiculous rate. Right. I think he's keeping rates too high for too long. The fact that, you know, he's keeping rates up here right now with CPI where it is. Listen, what's the Fed gonna do? Like, okay, so you keep rates up high and have the consumer get slice and dice by oil price being high. If the Fed lower rates right now, that's not going to or or up rates, that's not going to change oil price massively. Oil prices because of what's going on with the Rod Wave situation. That's not That has nothing to do with like, oh, the Fed got to lower. So, they're just killing the economy multiple ways. It's like, okay, oil's super high, so that's going to feed into a bunch of stuff. But then also, we're going to keep rates high, so then you guys can't take out loans for anything. You can't buy anything. So, let's kill the economy while also having you pay super how about how about if you lose your job and then you you have to pay super high prices at the gas pump, too. Like, it's just this is crazy, right? But the moral of the story is I do not think Jerome Pow makes decisions based upon, you know, I think he and the Fed in general make the decisions they think is best regardless of political pressure and all those sorts of things, right? That doesn't mean they make the right decisions, but I don't think they're going to be like jaded and like, "Oh, we're going to do this because of blah blah blah." I just don't see that. Right? But the moral of the story is it's more uncertainty that's out there. Right?

Now, what am I personally doing? I'm making a pretty big move here. Pretty dang big. Listen, public account for instance, uh if we go back to the end of 2025, I was putting in basically $500 a week to that portfolio. Well, just recently here, as in last week was kind of the first week I started it, but I'm bumping the public account buys to $3,000 a week. $3,000 a week. Now remember, I have significant cash load because, you know, I just looked at stocks last year and, you know, I did some buying here and there of opportunistic stocks, but it wasn't like we got, you know, we're getting great pricing on stocks. Now, we're in a situation we're starting to get very attractive pricing on stocks in a lot of stocks, too. Like, there's probably there's at least I would say 10 or 15 stocks I want to buy right now. If we go back, you know, into Q3, Q4 last year, I don't think there was. There was a few, but I mean, and honestly, there's 10 to 15 stocks that I want to buy bad right now, but there's a lot more stocks than that that are great buys right now. Right now, additionally, on top of this, I'm upping my private portfolio buys as well. So, that's shows how much conviction I have in kind of, you know, wanting to take advantage of deals out there in the market over the next we can call it 6 to9 months. And as long as this market remains very uncertain, downtrends are stays stagnant in a kangaroo mode, right? I'm going to be buying heavy, heavy, heavy. So that's across all my different portfolios. Only one I'm not upping for the most part is just the uh what is that? The Patreon portfolio cuz that one I'm supposed to just do 250 a week. So I'm going to keep that one the same. But yeah, up in the public account buys big time and uh up in my private portfolios buys big time as well. So, and if we can get it if we can get that VIX to really pop huge to a 4050 level, then I'll come in with some strategic like big boy buys too where I'll put in $30,000 in a day, $50,000 in a day or something like that, right?

Uh ladies and gentlemen, before we get rolling here on the rest of the video, my private group that will be the pinned comment down there if you want access to all my course curriculums, access to my private Discord chat, exclusive weekly videos, access to thousandx.com, all that good stuff. You know, this is a time period when the market gets shaky like this, demand definitely goes much lower for the private group, right? Much lower than last year. Last year, demand for the private group was ridiculous. This year, it's a lot lower. And it's always fascinating to me cuz I'm like, now we're getting all these great deals. This is when you got to be taking investing serious. Like, this is when you should be in the course curriculums and doing all this stuff. But, you know, people decide they want to, you know, join something like that when, you know, markets at all-time highs and then, you know, when you're getting all this great pricing on stocks, you know, people like, I'm not as enthusiastic about joining. It's always wild to me, man, cuz I'm like, now's the time. You need to be in the course curriculum. You need to be taking this stuff serious. Like, whenever you're getting corrections, crashes in the market, that's when you got to get involved in a serious way, right? But anyways, just wait. And you know, next thing you know, market turns, AMD goes on a big run, blah, blah, blah. All demand's going to go crazy for the private group again. I'll be like, "Oh, yeah. I remember, you know, when uh, you know, demand was really low cuz stocks were down." Like, it's just always fascinating to me.

Right now, I came out with a video yesterday on the reaction channel. I'm not sure if you guys watch this channel or not. It's called Jeremy Lefay makes money. 58,000 people gotten to see this video so far since it came out. Uh, my stock is under attack. So, we spoke about different subjects in that video, but the top comment on the video was this one said, "Walmart, people will pay a 42 forward P because I offer great visibility on my 6% revenue growth. Nvidia, people will not pay a 22 forward P even though I offer great visibility on my 70% plus revenue growth, right? And I think this is a frustrating thing for people in the market." Very frustrating thing. And I get it, right? Let me say a few things about this. First off, Walmart, I think it's trading way too expensive right now, right? Way way too expensive. But it's hard to it's hard to say what a stock should look at Tesla for instance, right? Tesla numbers factually have been awful the last several years. Trash. That's not a debate. That's just a fact. It's been awful at Tesla for the last several years, right? And yet the stock trades at like, you know, just ridiculous PE ratio. Does it deserve to be that? Not in my opinion. But the market chooses to do silly things sometimes. So Walmart trading at a 42, you know, P or forward P, I think it's silly, but the market's going to do what it wants to do, right? But the big thing you got to understand is Nvidia, people are viewing this year, next year as as good as it gets for Nvidia, right? That's not the view of Walmart. No one's scared that, you know, two or three years from now, Walmart's margins are going to crash and their revenue is going to crash. People are legitimately scared of that for Nvidia. And I get it. You should be at least somewhat worried about that. Doesn't mean it's going to for sure happen, but you should be that's a possibility. Do does Amazon, Meta, Google, do they want to continue to spend every dollar of free cash flow they possibly have on Nvidia chips 3 years from now, four years from now, 5 years from now? I don't know about that. Maybe, but I think there's a strong debate that they're not. And they're going to spend heavy this year, and then they're going to moderate that capex spend majorly next year. And then they're going to look at their businesses and if it's the numbers aren't massively helping them grow revenues, they're going to cut and that's going to hit one company harder than any other company in the world and it's Nvidia. And so understand that's why people are not the numbers are great. The guidance is great. Jensen's doing everything in his power to get people to buy that stock and they're just still refusing because there's belief and I don't think it's false belief. So, I think it's a realistic belief that what's going on this year and next year is as good as it gets for Nvidia right now. That's why I made the prediction last year in regards to Nvidia. I said, "This stock's going to stay stuck between about 125 and the 200ish range. When people are feeling very bullish, they're going to bid Nvidia up in a major way. It's going to go to 200ish range, right? When they're feeling real bearish, it'll go down to about 125, but it's just kind of going to gyate there. And that's just going to be what it's going to be for a while, right? until you can get clarity about, you know, multi-year out numbers and you just don't have that right now.

Now, additionally, you took the excitement out of the stock as well when Jensing's given the guidance. There's not much room for like some shock and awe numbers at this point in time. Now, additionally, Nvidia's had the whole the whole game on lock the last several years. That's not that's not realistic anymore. AMD is about to start growing. Like they're not going to magically just get these growth rates from anywhere. They're going to be eating market share here, right? Nvidia's revenue next quarter is supposed to go up 32%, 36% that quarter after. 27% 40% 43% 46% 45%. Keep in mind, I think a lot of these numbers are low. I think analysts are way low on a lot of their numbers. But the moral of the story is here AMD is not just going to accidentally get all that revenue growth, right? They're not just going to accidentally start doing 15 to20 billion a quarter in revenue, right? And then 25 billion and 30 billion. That's not just that that money is going to, you know, that there's going to come market share out of Nvidia. And so that's what's going on with Nvidia here. And it just is what it is. Doesn't mean Nvidia is a bad company. It's a great company. They're going to continue to put up great numbers. But if you're wondering like why are they not going out there and stampeding buy Nvidia stock, this is why. And and you know, when you got somebody that's a serious competitor like AMD and these big tech companies going to spend fortunes with AMD over the next several years, what do you do if you're Nvidia? Do you let AMD just take your market share or do you lower price? Let's say they lower price, right? Well, your margins are going to get killed. Here's why. AMD usually pretty significantly undercuts Nvidia price. So, Nvidia would have to come way down on price. It's not a good time to come way down on price. Do you know why? Memory memory prices have exploded, which was going to be the next subject we're about to get into in regards to Micron. So, if your memory cost is going insane, right? While you have AMD pressure and you're like, should I lower price to compete with AMD and you also have the pressure from Broadcom with the custom chips? Well, you're you're stuck in a weird position. If you're Nvidia, you're like, "We feel like we have the best of the best chips, but do we, you know, like like what if somebody has just something a little less, but guess what? It way undercuts on price." So that in sometime you don't always need the best of the best chips in every situation. There's many situations where you need a great chip, but it doesn't have to be the Bugatti, doesn't have to be the Formula 1 car. There's certain situations you want the Formula 1 car, but that's not always the case. If that was the case, then there a AMD wouldn't have a business. If that was the case, Broadcom wouldn't have a business, right? But there's certain there's many use cases the more you get, you go down the rabbit hole on, you know, that you don't need like it's a complete waste of capital to have a F1 car if you don't need it to do F1 things, right? If I need to go to the grocery store, like the minivan will do fine, right? The SUV will do fine. You don't need the F1 car to go down there. It doesn't make sense. Understand? So that's that's what's going on with Nvidia. And I understand for newer investors to market, it's very frustrating because you're looking and you're like, why the numbers are so amazing? They're going to continue to be amazing for at least this year and next year. You got to understand the way deeper things going on here, right? And Wall Street gets it. They understand this. And that's why you're continue to see that stock with, you know, just not momentum right now. But there will be another bullish cycle in Nvidia. You'll see the stock move up to 200ish range. But, you know, if you're expecting that stock to go 4, 500, 600, you know, AMD is going to go 400 to 600. But not not Nvidia. Okay. Next one up here, at least not anytime soon.

Uh, next subject up here. Micron down on these unreal earnings. Micron. Listen, look at this. A++ grade income statement here. Revenue went from $8 billion to $23 billion. Gross margin went to $17.7 billion from $2.9 billion. Operating income went to 16 billion from 1.7 billion. Net income almost $14 billion from 1.5 billion. Diluted EPS 1207 versus A141 the same quarter last year. That's an A++ quarter for Micron. Shockingly great. The guidance was amazing for Micron. One of the big biggest memory chip companies in the world. Incredible, right? The numbers are putting up. Now you look at the stock. It's a tricky one. You're like, uh, what? Look at these growth rates. Look at these numbers. This is insane. And then you look at the 2-year Ford P and it's, you know, single digits and you're like, "Huh, huh?" You know, Ford P, you know, based upon the guidance, they're probably at a forward P right now of like eight or seven and not 11 cuz the guidance was so insane. But this is actually a red flag. I know it's confusing for investors like, "Wait, I thought for a low forward P is good." Sometimes it's good. Sometimes in a cyclical industry like a micron, it sounds crazy, but it's the truth and you can go back throughout time. When Micron trades at very rich, very high forward PE, almost always it's great time to buy the stock. When Micron trades at insanely low forward P, it's usually not a good time to buy the stock. It's like counterintuitive. It's like how what? But that's the way this company is because basically what happens it's commoditized industry and I know people want to try to pitch it as not it's not commoditized anymore it's a commoditized industry okay several companies you get the same exact thing from what happens here is they can they increase capacity increase capacity during a time period micron themselves are increasing capacity they're not going to be the only ones because there's so much money to be made here right over the next year or two so you increase capacity then what happens is whatever that memory is going to all a sudden has a big slowdown down the cycle, which will likely end up happening, right? And that will happen. That's not like a question cuz Amazon's not going to magically go to $400 billion of capex in the next two years. Like, they can't do it. They already maxed out. So, if they're going to increase, it's very small increases from here. So, all a sudden, demand starts going like, oh, demand was insane. Now, it's like coming down and being more modest. And that's when you get pricing collapse for memory prices. Think about it. If Nvidia now is going to have to compete with an AMD in a major way and they have to figure out, do they want a lower price and they get start getting complaints from their customers, their customer base is like, "Hey, we might not order as much cuz you know what? Some of our products aren't taking off as fast as we thought they were going to take off. So, we probably don't need as much in general and your pricing is kind of crazy." And all of a sudden, all of a sudden AMD, excuse me, all of a sudden Nvidia is like, "Oh, shoot. What are we going to do here? Maybe lower price." You think they're going to want to keep paying micro on these prices? No, of course not. They're going to they're going to put pressure on Micron. That's always what the big o OEMs do. Apple would do the same thing in the smartphone industry. I used to own a lot of semiconductor companies that did a lot of business uh with Apple. Sir Cirrus Logic, Skywork Solutions, companies like that, right? And even Qualcomm back in the day, maybe even a few others, right? And Apple would have certain time periods when their margins would start getting squeezed due to competition from Android. And so Apple would then squeeze their their semiconductor companies that go into the iPhones. So all a sudden sir's logic would get a squeeze, Skyworks would get a squeeze and other companies as well. It was not a fun time. Same exact thing happens in the memory and chip space. If all a sudden times get a little harder like right now the memory chip companies right now meaning this year, next year they can they can charge whatever they want because Nvidia is having a great time. AMD's growth rates are you know obviously going to be blowing up over the next couple years. So they can get away with it. as soon as you start to see a moderation of capex can't get away with it anymore and that's when you get the squeeze and all of a sudden SKHEX Samsung Micron um you know and other memory chip companies there's a few others out there all of a sudden you start feeling the squeeze and um pricing lowers margins lower and then next thing you know woo your revenue starts going down people like what revenue was going up like a billion% and now it's going down what's going on here, right? Micron, I mean, this is silly, you know, cuz you got a company trading at over a half a trillion dollar market cap. Over a half a trillion for a memory chip company. Now, Micron deserves to be trading at a 100 billion, 200 billion, maybe even a $300 billion. But, I mean, come on, guys. What are we going to push this to? A trillion dollar market cap for a memory chip company? Like, this starts to get silly, right? Like, this is unsustainable. And that's why you see the stock down after hours because more and more investors are realizing this is not sustainable long term. Right? To put this in reference, AMD AMD is like a night and day is disrespectful to even like try to say Micron's a more innovative or important company than AMD. It's not like no no like no. Anybody that knows anything about this industry knows like AMD is one of the most important companies in the world and they will get the value for that over time. AMD trades at a $325 billion market cap. Micron's at a $519 billion market cap. That's not it's not sustainable, right? I'll tell you a story about when I worked at Quick Trip back in the day. When I worked at Quicktrip, there was a story I got told of and this was kind of around the time gas prices were going crazy and the the great financial crisis and you know it was massive move down in oil. But anyways, some of the trucks the some of the ones that worked at the truck truck, the uh some of the store managers, they were making more money than their boss's boss. In between that, there was a like a training manager and then the next like position up was a supervisor. And because of the way the bonus structure was at that particular time, there were store managers making more money than their boss's boss. Does that seem sustainable? No, that's silly, right? And adjustments were made obviously, right? And so when you got a company like Micron trading at this sort of valuation, like just understand this is not sustainable long term. And you could make an argument that this time's different. No, this is this time's different. That's what they've been saying for the longest time in the memory chip industry. This is not the first big boom cycle. This is just one of a number of boom cycles. And then the bust hurts bad. And so that's why that stock's down after hours. The numbers were an A++. The guidance was insane. I'm sure the conference call is amazing. Everybody knows that. Why do you think the stock went from 80 bucks to 450? Didn't do it. Didn't just go there by magic. It did it because people knew the numbers were going to go insane, right?

All righty, guys. I appreciate you joining me as always. Thank you so much for being here. Hope you learned a lot today. Hope you really enjoyed this video. Appreciate you for joining me. Uh if you're looking to join my private stock group, you're not going to join my private stock group right now. Stocks are down. Let's be honest about that. But if you are brave enough, that's a pin comment down there.