FELIX PREHN DAILY MARKET NEWS By Goat Academy
Felix Prehn of the Goat Academy's Daily Stock Market News will make you the best informed investor and trader. Stay miles ahead of the goings on, on Wall Street.
Felix Prehn is a former banker. Felix is also the founder of the Goat Academy, an educational community with a mission to make 1 million people financially free.
FELIX PREHN DAILY MARKET NEWS By Goat Academy
Felix Prehn - DON’T SAY YOU DIDN’T KNOW + Stock Market News 14 November 2024 (Goat Academy)
Unlock the secrets of stock market success and challenge the status quo with our pre-market live stream. Contrary to mainstream media's grim predictions, we're unraveling the misleading narrative about the market's overvaluation using insights from the Shiller PE ratio and small-cap rally data. Discover why historical patterns, such as the Russell 2000's behavior post-election, indicate a bright future for market gains. We'll also reveal how semiconductor stocks and gradual interest rate reductions are poised to catalyze growth, potentially igniting a significant market rise. Equip yourself with the knowledge to navigate these promising growth opportunities and become a savvy investor in the weeks ahead.
But that's not all—take your trading strategies to the next level as we dissect Tesla's recent stock movements and the critical resistance point of $340. Gain a deeper understanding of how market makers influence these movements and the pivotal breakout moments that can lead to substantial profits. By examining detailed chart patterns, you'll learn how to recognize opportunities even in volatile market conditions. Join us for a masterclass in trading acumen, where you'll discover how to capitalize on shifts in market dynamics and potentially break through barriers for financial success.
👉 Claim 99% Off the Financial Freedom Program. Use coupon 99PC at checkout https://felixfriends.org/stocks
you, felix, welcome to this pre-market live stream. While mainstream media is trying to tell you the rally is over, you gotta sell you better. Panic, I can't go any higher, which I'm gonna explain to you, is nonsense, and we're to make a lot more money in the coming weeks, and I'll tell you exactly why, and I tell you exactly with what stocks and what sectors and everything else. So you are the best informed, shiny, happy investor out there. That's always my intention, so I'm going to share my screen with you. There we are. This is one of the charts.
Speaker 1:Mainstream media is talking about Shilla, which is sort of a PE type thing, as in. You know our stocks overvalued and they're saying look how expensive stocks are. They've only ever been more expensive in 2000. And you know what happened then? Right, that was sort of what they're saying Now. No one ever made any money panic selling, and I'll tell you and explain to you why I think this rally is going to go a lot higher. Now, I don't have a crystal ball Winston keeps eating them, but I'll give you some facts. Okay, so they're also saying the small cap rally is overextended, it'll be over soon, but if you actually look at the data, we're here. Right, this was 2021. We were like a triple the level 2008,. We're at two and a half times where we are right now. So we could go a lot higher and, yeah, it could become a bubble quite possible.
Speaker 1:But you write the bubbles up, you don't go. I'm against making a lot of money. I don't really agree with that sort of thing. So I'm going to sit this one out. I mean, I know some people are, but it's pretty moronic. If you ask me and if you want to learn how to spot those breakouts and there'll be lots more in the weeks and months to come Well, do you know what to do? Yes, you do. You watch my free masterclass because I'll actually teach you in that how to spot the breakouts. I'll give you the three, three, four bankers can't count the four rules you got to apply and exactly how to do it. We run through some real traits in there and so on, and you'll learn literally those four patterns. Why do I do that? I think you deserve to know. I think it's as simple as that. I think everybody deserves to know. And I didn't believe it was possible. And then I was very lucky. I got shown this by a chap I used to work for and changed my life. Very simple, so go, change your life after this life. Obviously, afterwards, you wouldn't want to miss a minute of this now, would you?
Speaker 1:Now, this is another chart that I saw today in mainstream media saying the socks, which is some footwear, now it's, you know, semiconductors, right, chips, semis. And they're saying well, look at this horrible stock pattern. We're down to this line here. This one I'm drawing in there in green, that is the 200-day moving average line, and it's true, the mantra goes nothing good happens below the 200-day moving average line. But look at this stock. Does this look like doom and gloom? We bounced off it here. Whoops, what happened? Microsoft sabotaging me? Why does it do that? Does anybody know why it does that sometimes? Okay, it bounced off it here, it bounced off it there. So there is every reason to believe it's going to bounce off it here, and what we are actually building is an uptrend in what is otherwise kind of a sideways action.
Speaker 1:This is actually quite a positive chart, if you ask me. So is this the house with a leaky wall? What, carl? What are you talking about? Explain yourself, my friend, and let's just zoom out for a moment. That's what I always say to people If people are freaking out or people are getting too excited, just zoom the frick out. See what's actually going on here.
Speaker 1:These colorful charts and for once, the chap who made these charts found some different colors, which is very unusual. Normally it's blue, blue and blue. What's the Trump color? It's that sort of light violet color. I'm not sure I have that color in my inbox here. Oh, hang on, we've got a rainbow color that seems appropriate for a Trump chart. So this is where we are right now. So this is how the Russell 2000 behaves after presidential elections and we're behaving basically exactly like we were behaving. I'll get rid of the rainbow colors in Trump 2016,. Which is the blue line there? In Biden's when he won Well, let's not discuss that, that was the purple line there.
Speaker 1:And what happens? Well, on average, we should go up another what? 8 to 8% to 16%. That should be, by historical standards, the rally going into year end. So I'm not selling my AWM shares. That's definitely not happening.
Speaker 1:Okay, we'll look at some stocks in a second. Let me run through some important data here first, and then we'll. I'll get to all your questions, so do do ask them. The sweetest thing set up that you can hope for as an investor is a gradual reduction of interest rates. So you know we were at what we're at 4.25. If they they cut massively to you know 3% or something, it screams what Panic right, the economy is falling apart. No, no, don't do that. But instead, if they do it gradually, sort of step by step, as they are right now, they sort of do this kind of thing it signals to the market everything's going to be all right. You could sing that in your best Bob Marley voice. And that is exactly what seems to be happening. And the stock market from the first rate cut this is the first rate cut in a slow rate cutting cycle the sort of gradual chipping away at the rates goes up historically about 32% up to here over the next 24 months. That's just rate cuts. This does not take into account deregulation, tax cuts, any of that sort of thing.
Speaker 1:So I think there are many reasons why we are in this la-la land of just wonderfulness in terms of the market. I haven't seen a setup like this and I can't remember when. To be honest with you, there is more, even fundamentally, us incomes, wages are actually going up. They have more money to spend. They're going to spend it, americans, and their plastic. They're probably going to spend more than they have. Bit of a dig at 60% of the audience. Sorry about that. I should stick to picking on the French. There are only about two on the stream ever. And then let's look at the stocks that have really, really rallied. Right, tesla is at a tremendous post-election run. It's down about a percentage point this morning. Election run it's down about a percentage point this morning. If you want some bad news, yeah, percentage point, but it's still lagging.
Speaker 1:The Magnificent Six this in blue. Can we get a blue pen? This in blue? Here are the Mag Six, so basically Mag Seven without Tesla. And then that sort of slightly shitty color is Tesla.
Speaker 1:I don't know why they picked that color. It's an odd color to choose. Now you can pick two colors. I'll go for the weird sort of brown thing there. And what does that mean? Well, it means there's potential to go a lot higher. That's all I'm looking at.
Speaker 1:Right, and again, this is just compared to the others. This is not about robo-taxis or robots or deregulation or anything like that. It's just comparison against its peers. So why then are we slowing down? Why is the rally, not like rallying like it was last week, when it was a lot more fun. It was a lot more fun, wasn't it? They're trying to jam my signal. Stream health over here seems healthy. It says YouTube says healthy. Go, you see, stream health healthy. Uh, but um, yeah, not much I can do about that. This is actually why we take a breather, and if you are a user of trade vision, which is the where this chat comes from then you will understand a little bit more about that and you can get yourself a week's trial to that if you care to.
Speaker 1:We have this red line there, right? This is called the resistance line and, as I explained yesterday, that's where the French come out and they hit you over the head with burgundy bottles. It's pretty much exactly what happens, except it's not the French that come out, it's market makers that come out and they sell the stock. So we're trading just below the $6,000 resistance line here and every attempt of breaking through it, the market makers sell. Why do they do it, evil people? No, no, actually, it's risk management. It's the way they're set up. They have to sell. They haven't got a choice. They have to sell. It's the way their positions are set up. So as long as that's there there and as long as we're trading just below it unless we get some massively good news or the resistance line shifts up which you could, of course, watch live in trading view then it's hard to break through 6,000. So that's what happens.
Speaker 1:Every rally looks like that. You go up, you get a little bit tired. You go up, you get a little bit tired. You go up, you get a little bit tired. Sometimes you go down, but there's always this kind of plateau point and that's exactly where we are right now. There's nothing unusual, nothing weird about it. It's not the end of the world, it's just a little bit of patience. It goes a long way. So go find some breakout stocks there are plenty out there. Watch the free masterclass Links down below FelixFriendsorg it's also in the description and actually learn the patterns that I was just hinting at there.
Speaker 1:Now there is more good news, and this is Bloomberg is becoming really miserable, right, they are really pissed off that Trump won. So the whole it's really weird, the whole editorial stuff. Everything is just the whole editorial stuff. Everything is just. This article is about, I don't know, palantir. Maybe we can bring in that we really hate Trump, that we really hate Elon. It's really weird. If they don't stop it, I'm going to stop reading Bloomberg, which is weird. They're basically saying it's up 250% this year Woo-hoo, and increasingly skeptical analysts no-transcript. They're going to push for AI to boost sales and yes they will and I believe the US government is going to be run entirely on Palantir not entirely, but significantly on Palantir, because if you can automate all the nonsense that the 23 million people in government are working on, you could actually probably sack half of them, which seems to be what the plan is. So who owns the mainstream media? Yeah, good question.
Speaker 1:The economy don't get me started on the economist that that is, but that's always been a left-wing, you know sort of thing that you buy in case you run out of toilet paper. At least the last 20 years it's been that. It used to be kind of a proper economic journal and then they went really like to the left. I don't know what happened there, but look at what's actually going on out there. Asml, right, they make all the advanced chip making machines, like there wouldn't be a single NVIDIA chip without ASML. And what are they saying? They've reaffirmed their long-term revenue outlook. Look, they're seeing an AI boom in the semiconductors sector. So that's pretty good, right.
Speaker 1:What about this one here? Cisco, right, biggest maker of computer networking equipment in the world. Better than expected, quarterly results, an upbeat outlook yeah. And they're being conservative about the annual forecast? Okay, they've been conservative, they're going to beat it Right. So the actual data out there is just insanely positive.
Speaker 1:So I don't really understand the doom and gloom just because Tesla is down. You know 91 percentage point, and if you think about it, you know we came from 220 in October. We're at 340. The stock goes up like that. It's completely natural it's going to drop a few points. And again, look at where the resistance sits. It sits at 340. It's been there all week.
Speaker 1:And what have we done? Well, let me show you. Let me show you on a minute, five-minute chart, okay, and you can really see it. Programmer, thanks for your kind comments there. I was actually spying on you. Before we went live, I saw you were saying nice things about Trade Vision, which is rather nice. I might forward that to the dev team, because they don't get a lot of love from us. We're just like there's a bug. Fix it, okay.
Speaker 1:So what are you looking at here? You're looking at the last two days of Tesla on a five-minute chart and every single time that we've broken out above the 340 line this whole kind of sector up here what do you see? When you go down below, down below, you see massive volume of selling. So we come down, the volume comes down, right, and you break out here what happens? Beginning of the day, massive volume, which is massive selling stock tanks right. We break out here what happens? Massive selling. Who's doing that selling? It's our lovely friends, the market makers, and I appreciate most people don't really understand how market makers work. Honestly, you don't really need to. You just need to understand that they're there. They're on the other side of trades. They have a fairly complex hedging system going on which forces them to sell Tesla when it goes above 340.
Speaker 1:That doesn't mean we can never break up above 340. No, of course it doesn't. But the market needs to shift. We need to get some good news. So we need to get something that gives us some oomph to break significantly through it and therefore for all the trades to get shifted up. But for the moment, 340 is kind of your resistance. That's okay. That's just the way it works, right. I mean the breakout moment.
Speaker 1:And again, I'd encourage you to watch the breakout masterclass. That here was the breakout here. That was at $200. So you could have bought at $200. You would have exited there. That would have been your profit taking at about 250. And then what would you have done if you understood what to do? Well, you would have waited for the next breakout, which happened at 2.17. So you didn't have to write it down, you didn't have to be a backholder for three or four months and you would have gotten in again here at about 2.40 or something like that, and then you'd be very, very happy right now that you'd be up 33% on that trade. So all you got to do is learn what is the breakout and there's a few things here to it. Watch the masterclass and you'll be much, much, much, much wiser. Links down there below.