Speaker 1: 0:00

Good morning to this pre-market live on a beautiful shiny Monday that is being supported by our dear friends on Wall Street who are sponsoring the market this week Not this video, we don't take sponsorship but, yeah, some very good news. I think that's going to make a lot of you very happy. But it's important to understand the why's and the how's and the timing so you can actually benefit from this, and that is my intention here for the next little while. Then, of course, also to answer your questions. So pop them in the live chat. That's what we do this live for. So let's sip some 30-year-old orange peel tea. Yeah, there we go. See that, there we go which is apparently very healthy, so I have to take the word for it. It tastes quite nice, I must say. So let me shrink myself down and show you this.

Speaker 1: 0:52

So, over the last couple of months, wall Street's finest they like to think of themselves as the finest the hedge funds, the hedges, have been selling. Like you know, they can't stop themselves. What's going on with my pen here? I was doing that earlier. It's like something is broken with my pen. Okay, let's try that again. So that purple line there that I'm drawing over in black here that one, because there's a lot of lines on this chart. If I made this chart chart, thought, let's make this as messy as we can. That is the 2024 S&P 500 performance, and it looks glorious, doesn't it? Best starts of the year in the last 24 years. That's a nice thing, isn't it?

Speaker 1: 1:40

And so why the heck would hedge funds, who've been selling tech stocks and everything else like as fast as they could these last couple of months, why would they suddenly start buying? What's the reason? There must be a reason for it, right, spaghetti? Indeed, the part that makes perfect sense, I agree with you, especially the green lines, right? They're very important. Well, I would spot. Which color is the green that matters, nobody knows, anyway, but we had fun making it.

Speaker 1: 2:11

So you could say well, maybe stocks are cheap. Well, not really. I mean, if you look at the PE multiple price over earnings, which is not the greatest snapshot in the world, but it is a snapshot. We are here, and the only time we've been higher was the sort of post-COVID let's print as much money as we can bubble, the global financial crisis and then the dot-com bubble. That was pretty much it. So that doesn't look so good. That can't be why they bought right. Well, why did they buy?

Speaker 1: 2:40

Well, you see, we are in earnings season and you might have heard a little bit about that. It's going to get noisy. We've got, this week, more banks. We've got hedge funds no, not hedge funds, they're in report, they're private. We've got LVMH. We've got Netflix on Thursday, you know, and that sort of thing, and the expectations. These are the expectations, expectation for earnings. Well, they've cut them again and again and again. So it's actually very, very easy to beat third quarter earnings expectations. So the bar is low and you beat sounds good news. Maybe the market will go up right. An intern made that graph, john. Yes, probably they're going to do something right. Or maybe it was AI.

Speaker 1: 3:35

Happy Thanksgiving, canada. Is it Thanksgiving in Canada? Well, happy Thanksgiving my Canadian friends. What a great day for science at SpaceX. That's insane. We need to talk about that as well in a moment.

Speaker 1: 3:48

But what if the hedge funds just had FOMO? Because, seasonally, happy Thanksgiving to the Canadians, moose Thanksgiving. We're here right now, in October somewhere, and traditionally the market goes up till the end of the year by about 6%. It would suck to miss out on the 6%, wouldn't it? Because you've been selling all year ads are back. Let me know where the ads are showing which countries. It must be a country-specific thing, because my ads are off. It says they're off. Youtube is obviously leeching off you bastards, so is it seasonality? It's a little bit of seasonality, but I think there is also a little bit more to that which I'd like you to understand. Now. I'd also like you to understand how lovely it would be to Do you ever see stock charts like this and you find yourself buying here, you buy there and then you sell there.

Speaker 1: 4:56

Has that ever happened to you before? That's how I started and it happens to most people and it is actually avoidable. There are rules to these patterns. It's the same pattern again and again and again, and I want you to never have to make that mistake again. I want you to never buy at the top and I want you to never sell at the bottom again. And it's very, very doable. It isn't rocket science.

Speaker 1: 5:19

So I've made a little recording for you. You can watch for free at felixfrenzorg slash get free, which is a 30 minute, maybe 35 minute. You know I talk a lot, I can't help myself. Little masterclass where I break down for you how you spot the breakout before it happens, and I think we're about to see some nice breakouts. Look at crypto stocks, for example. I think there are some nice short squeezes, I think, to come, and we'll be able to spot them on the chart before they happen. If you'd like to learn that, go to felixfrancerorg slash, get free. After this video. Obviously you wouldn't want to go in there halfway through, would you? I mean, you'd be missing out on all the good stuff here. But after this video, click on the link in the description and check it out and watch it, and I think you will learn quite a lot, and that's always my intention here. But back to our friends. The hedge funds Buybacks will be back shortly, he writes, which is probably the equivalent of my accent, isn't it?

Speaker 1: 6:22

And what happens at every earnings season? Companies are not allowed to buy their own stocks. Now you might think I don't care. Maybe you don't care. Well, you're about to care. Give me a minute and you'll care. We are somewhere here right now, that's us which means about 80% of S&P companies can't buy their own stocks, and that sucks because it removes one of the big buyers out there.

Speaker 1: 6:59

But fast forward to sort of 20th, 25th of October roughly, and then it's only 40% or so that I can't buy and then by the beginning of November, everyone's buying again. So all you got to do is have patience to sit through this like lull and quite likely the market's going to go up. And if you think that buybacks are irrelevant because most people don't really appreciate just how important they are, so far this year so this is up to October 4th that I have the data 988 billion, real billions, not Biden billions we won't be able to make fun of them anymore. We'll be soon. $988 billion of buybacks were authorized and we're not even through the year yet. Right, there is still October, november, december. So the number one buyer of stocks out there are companies themselves. Yeah, so if you're wondering who buys all the stocks at all-time highs, it's companies themselves. If you remove that, we wouldn't have any rally ever. Basically, so they're incredibly important and therefore, when these blackout periods, like we are right now, it's a market lull and people can take advantage of that, if you understand it. Yeah, and people can take advantage of that, if you understand it.

Speaker 1: 8:29

Kevin asked where am I? I'm in Hong Kong right now. I winter here every year because it's glorious, it's warm, it's tropical, it's lovely. So let me just encourage you a little bit more strongly on watching the masterclass, because this is PayPal right Right now, right here, right now. There was a breakout that took place here, which was when was that In September, which is bloody obvious if you know what to look for. But you probably don't know what to look for, so learn what to look for. Watch the bloody masterclass, right, and this one here as well. For example, sezl, which is up 115% or so, and again there was a breakout here, which I circled, and again, that was actually very obvious. It's very obvious to get in on that. So I want you to be able to spot those. But I recorded the video for you so I don't have to explain it every single day on YouTube. That wouldn't be a greatest use of time. So check it out down below. Felix, friends at all, get free and come and learn with us.

Speaker 1: 9:42

Now, if we look at the pre-market, looks pretty good, right? Why? Because everyone just heard that wall street's by wall street's back, and there is also and this is where where half the audience will go berserk and start throwing things at the screen the election polls are looking a little bit more Republican this morning, and you may like that, you may loathe that, I don't really care. The market likes it. The market always thinks a Republican president is good for the market. Statistically, that isn't actually true, but that's the way they're seeing it. They're just seeing it as less tax, less regulation. It might be true in this particular case, if you see what their candidates are proposing.

Speaker 1: 10:28

Are we going to talk about the elephant in the room? What's the elephant, bobby? Is it flying? Is it very large and very heavy? Have you seen that? Have you seen that? My Twitter account is nothing but this flying object? I mean, it's literally like there is nothing else going on in the world than this here. And can we make that bigger?

Speaker 1: 10:49

Yeah, that here at the bottom right they landed a 250-ton rocket and held it up by sort of chopsticks really, which is just extraordinary, absolutely extraordinary from an engineering point of view. I'm not an engineer, I was never smart for that sort of thing, but yeah, if you look at my, this is all I'm seeing on my there we go, look how they're doing that. It's all movable and it's just these things that hold it up. So it's not only that they caught it, they have to catch it at the right. You know they have to be at the right rotation to actually catch it.

Speaker 1: 11:33

Isn't that crazy? I think that's crazy. And what's the point of that? Well, it means the most expensive part of the rocket is reusable, so it makes space travel much, much cheaper and it potentially makes Mars missions viable. So very, very cool what SpaceX is pulling off of there. Spacex isn't public, no, it's private equity land. I've got some friends who are in on that. I am not Not that good a friend, apparently, and yeah, it'll probably go public at some point, but at the moment it's private.