FELIX PREHN DAILY MARKET NEWS By Goat Academy

Felix Prehn - Final Chance: Why I’m Buying the Rally + Stock Market News 22 November 2024 (Goat Academy)

Felix Prehn

Unlock the secrets of thriving in a bull market and seize control of your financial future with Felix as your guide. This episode challenges mainstream narratives, offering a fresh perspective on economic opportunities that often go unnoticed. From dissecting the potential impact of US economic policies to understanding the forces driving Bitcoin, MicroStrategy, and Nvidia, I promise insights that not only inform but empower you to make strategic investment decisions. We'll tackle the myths of conventional financial advice, spotlighting examples like a young entrepreneur nearing billionaire status, to inspire you and debunk common misconceptions about wealth building.

As we explore the tech market's potential with heavyweights like Nvidia, Tesla, SoFi, and PayPal, the focus shifts to actionable strategies for long-term wealth accumulation. Avoid the pitfalls of FOMO investing and instead embrace a disciplined approach that prioritizes sustainable financial growth over chasing every market rally. Through practical advice on reading market charts and applying risk management, this episode is designed to enhance your financial literacy and secure prosperity for future generations. Plus, as I make my way to Dubai, there's an open invitation to connect and share experiences in this vibrant city.

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Speaker 1:

Felix here, and while mainstream media is trying to scare you out of your investments and your stock positions, I'm going to give you the actual truth here of what's really happening in the market, to make you the best informed investor out there, because this bull market just got started, so let's dive straight into it. I'll share my screen with you, walk you through some charts and facts and we'll look at some of the big movers. And we'll look at some of the big movers and we look at some things that maybe we should be buying. So bull markets last much, much longer than most people think. So at the moment, we are about 25 months into this bull market. Right, on average, a bull market lasts 67 months. If you look at the 2009 one, that was 130 months. The 1987 one was 148 months. So these last much, much longer on average, than what we're seeing right now. And if you believe that the US government the new government about to come in in January is going to deliver on just half the stuff they're promising in terms of economy right, I'm just talking about lower taxes, less regulation and just generally not being in the way of businesses as much that in itself is going to trigger the rally of all rallies. Whether or not you're a fan of the government, I don't care what it really is. The fact there is that Wall Street likes it, markets are going to like it, profits are going to like it. And look at this Profit margins, forward profit margins. So what we're expecting, that's the red line there, that is, forward profit margins. They are increasing and increasing and increasing, and what happens? Well when they increase, the economy does well, the stock market does insanely well, and we are now at the highest level we've ever been at, and growing faster than pretty much ever in history. And why is that? Because these companies are actually good, profitable companies. So this isn't some bubble nonsense. No, this is just good companies making a lot of money and and therefore stock prices are going up. It's really as simple as that, and you'll be able to spot a lot of these, and I'll show you a few charts in a moment. But if you really want to get serious about learning how to spot these big, beautiful stock breakouts before they happen you see the link down below, felixfrontsorg I'll teach you literally in less than half an hour how to spot those breakouts and it'll help you potentially find stocks that are going to go up 50%, 100%, 200%, which is exactly what we do here. So Bitcoin has soared to $99,000. It's going to date this recording terribly because it's so bloody volatile, but that's, of course, massive. And it's going to date this recording terribly because it's so bloody volatile, but that's, of course, massive. And it's going to get to 100 and 110 and 120. And so we've got a lot of FOMO out there from people who are not in crypto right, and I want to talk about that a little bit as well.

Speaker 1:

Microstrategy has been one of the big players in here, which has just gone up and up and up and up, and let me show you the chart here. So it took a bit of a tumble. Yesterday it went to 546 and then it dropped to 400. Bit of a tumble 25% up and down in a day. And could you have known that? Well, not exactly, but you could have had a pretty good inkling that getting to $500 and above was very, very difficult, because in Trade Vision here Trade Vision, which is the software that we built there is a resistance at $500. And at $500, what happens? Well, as I wrote on the screen here, the market makers have to sell, and they did it the day before they did it here, they did it there, they did it here and then yesterday they did it with a vengeance because they kind of had to, and it tumbled, the stock Momentum went out of it and then we went down 25%. So if you understand what these resistance lines are, when you break through them, at the very least you could move your stop up quite closely, because you know this is going to be a tough spot to break through and it would have potentially saved you 25% of your money yesterday had you been in MicroStrategy. Right, nvidia earnings I did a video out on that yesterday as well. But in summary, the numbers were very good and supply constraints should ease in the next two quarters and that should bring profits and revenue even higher and growth rates even higher than what we're seeing right now.

Speaker 1:

And again, what do you see when you look at this chart here? Let me get rid of the background. Well, what do I see? Well, I see a resistance line here at $150, right, $150. And guess what, there and there and again yesterday, we're hitting it. And every time we hit it, what happens? Market makers sell. So if you go on a minute chart here, then you can see it a little bit better. See what happens. We broke through it all the way up to like what? 152 or something like that A little higher, even Went all the way to 15, 280. And then what happened? Look at the volume down here Massive, massive volume selling and that's institutional money that's pushing it back down below the 150. And we see the same pattern happening. If you go back a few days to zoom out a little bit and you see it there, almost and almost. Okay, I haven't got the data going back further, but yeah, it'll show you exactly the same thing that I just showed you on MicroStrategy. But is that anything to worry about? No, it's just a stock that's going to consolidate a bit. It's going to give us a little bit more opportunity to maybe get in on this Trendline's intact, the blue line I put in here. I'm connecting the lows here and there and again yesterday. Right, it's almost as if they're watching this channel. No, it's just how the market works. It actually is quite a logical thing once you understand that. Volume was very big yesterday, so it's important that we actually closed half a percent up. So that's very, very good news. So very happy for it to be lingering around the 145, 150 until we get some more news and then we'll eventually get a breakout, I would imagine. But yeah, it looks very, very good. Bitcoin here as well.

Speaker 1:

November, which is when you know the orange one got elected and gap up. And then here and then a gap up. And if that offends you, by the way, I've been offensive to President L Biden for the last I don't know four years. So I did warn you that I'd do the same thing to the next lot. I don't really care. I think politicians are there to be taking the mickey out of the man. Looks like he has a sense of humor, given the amount of face makeup. He second gap up yesterday, again very, very bullish. So, yeah, you're late to the party. You're late to the party for sure, but you know it still looks. It's very, very bullish. It is just very, very bullish.

Speaker 1:

So I was looking at, potentially, options trades. There's one on the screen. You can see that I'm not recommending it, but something like selling options might be better because they're really expensive right now. A bull put spread I wouldn't go out as far as that. Better because they're really expensive right now. A bull put spread I wouldn't go out as far as that. But just to give you an idea of you into that sort of space, palantir is also looking very good, in my humble opinion.

Speaker 1:

We hit 65, the resistance Can you believe? The resistance was 65?. That was in the 30s just a few weeks ago and we're just consolidating a little bit. That's again normal. You get this sort of exhaustion pattern Lots of good news, institutional money pouring in A little bit less volume here the last two days but our last buy signal down here at 50 was definitely still a good call, and the ones before that and the ones before that. We started at $22 here with a buy signal. So if you made a lot of money on that, brilliant and share it with friends out there. How Trade Vision is helping you make better decisions. That's really the point here. And then we got some beautiful breakouts as well. Qqq just hit another buy signal here as well. That's starting to improve a lot.

Speaker 1:

But let's go back to a few other things I want to run through. And the whole crypto thing. Right, there is so much news around that that is important to understand. I think we're entering into one of these crypto super cycles. It won't just be Bitcoin, it'll be all the miner coins and the meme coins and all of that. We're going to get a crypto czar in the White House, so actually somebody in charge of cryptocurrency inside the White House. I think we might get a federal crypto reserve. The US government will actually own crypto as a strategic asset.

Speaker 1:

Gensler is resigning in January Good riddance, no one's going to miss him and he was the guy who was just hating crypto, absolutely hating it with a passion. He's getting replaced, so that's definitely good. Schwab came out yesterday and said they feel like they missed out on the party and they want in and they will launch crypto trading as soon as they have regulatory approval. On Schwab. That's massive Schwab's, like I don't know the second largest brokerage in the US or something, so you'll be able to buy crypto straight from your broker, not just the ETF. So that's kind of an interesting one. And if you look at the money flowing into the big crypto funds, it's just tremendous $30,000 million so far this year. They now have more money in iBit, which is the biggest Bitcoin ETF out there, than in the gold ETF just within a year. So, yeah, a lot of money flowing into that. It's obviously going up a lot as well. That helps, but this is an asset class that is now going to be mainstream.

Speaker 1:

I also wanted to look at SoFi and other fintech companies here. Sofi looking rather radiant, don't you think? Isn't she a beauty? We caught the first buy signal here at 10. Now we're at 15. That's pretty good. We are above 15. Why does that matter?

Speaker 1:

Well, if you click on the advanced chart up here, what you see is that our resistance is at $15. And guess where we closed on the day, at exactly $15. Why? Bastard market makers were selling. And if we look on a minute chart here again, I'll show you that. Because it's important to understand this. And if we look on a minute chart here again, I'll show you that. Because it's important to understand this. And almost nobody understands this outside of Wall Street. But you are now part of that privileged crowd.

Speaker 1:

So we literally did this lovely rally up to 1555. And then, at the end of the day, look at as the volume picks up. Here we come crashing down. Right, that's the market makers doing their thing. And then after hours, we're recovering again. Why? Because the market makers are now high on something Sorry, resting peacefully at home with their loved ones, something like that and certain powdery substances, and that allows us to go a little higher.

Speaker 1:

So you typically have to break through it a couple of times till you exhaust the market makers and then you know we really go up. Lmnd, which is Lemonade, basically a fintech insurer, that was a big deal. What two, three years ago, when they were really flying? Let me open up a day chart on that to show you a little bit what's going on here. And look at that rally right. Okay, at one point it was in 163s, but here is a classic breakout that starts on 31st of October. So, once again, if you were to draw a trend line sort of here and then zoom in a little bit, you see that as we break through that trend line, massive, massive volume we go up from 19 to presently what? 50, right, that was a breakout. If you'd watched a masterclass before the 30th of October, you would have spotted that breakout and you would have made, you know, two and a half times your money right now, which you would be very, very happy about. So go and watch the masterclass, my friend, because it'll teach you a ton of stuff. And crypto market is now worth two and a half trillion dollars. You only get to two and a half trillion dollars because institutional money is in there.

Speaker 1:

So what should we be buying here today? Well, honestly, it's sort of like what not to buy. I really think the tech rally's got legs. I think AI's got legs. I think Nvidia's got legs, I think Tesla's got legs. I think there is a lot of stuff out there that is just absolutely wonderful. I think SoFi's got a lot of legs. I think PayPal has a lot of legs and I'm not telling you to buy those, but do your research on them. Obviously, always make sure you've got risk management here.

Speaker 1:

Tesla just treading water here a little bit Again. 350 is the resistance, which is why we're not breaking out above it. Volume kind of fizzling out. That's okay. It just means, you know, not a lot going on there. Slight down days on low volume is actually a good thing. So there is just so much opportunity out there right now and I think don't get scared, don't be like, oh my God, it's all going to end. If the US government delivers on what they're promising to deliver that's Trump and Elon then I think we have a tremendous 2025 and 2026 ahead, and beyond that, who knows. But a low regulation, low tax environment is exactly what the market loves, right. So whether you're with that or against that or whatever political reasons don't really care. Maybe you're a communist at heart or socialist at heart, but you still like making money, presumably so you're sort of a part-time socialist. Then I take advantage of the rally and I would buy the good stuff. I'd learn how to really read charts. I'd learn how to make more money for my money.

Speaker 1:

I've got a very good friend who's a very young chap. He's in his mid-20s and he's made a lot of money from businesses more money than most people make in a lifetime. And he was saying we were having chats about you know how he should invest it and so on, because he just hasn't really been investing it. And he had this financial advisor. He was basically saying to him he doesn't like stocks, he thinks you should put it all in ETFs, which is cautious and prudent. But then he also told him he shouldn't manage his money. He should hand it over to a money manager because it's not really something he should be doing. Here's a 25-year-old kid who's making millions and millions of dollars a year. Do you think he's smart enough to manage his own money? Do you know how much money the financial advisor has Doesn't even have 1 million.

Speaker 1:

So you're basically, I said to him, what you're doing is you're going to the gym and you're finding the one fat personal trainer you can find and you're saying, please make me fit and thin. You wouldn't do that, would you? You would find a guy you want to look like, right or girl, and that's the finance industry. It's generally staffed by people who are not particularly bright and not particularly wealthy and they're giving you advice which sounds mad. And I know you're legally going to say go talk to your financial advisor. And there are some good ones out there. I'm not saying that they're all bad, but they want to discourage you generally as an industry to touch your own money and manage your own money because they think, well, they get paid to manage your money right, so they want to get a commission.

Speaker 1:

So, anyway, we're teaching him, he's talking to our head coaches and our mentors and all of that, and he's investing his money. And he's now going to invest his money every single Monday because he's realized how much freaking money he's leaving on the table by not doing it right. It's going to mean the difference between being wealthy which he already is, and being literally a billionaire Like that kid is going to be a billionaire, which is amazing. I don't think he quite realizes it yet, even though I keep telling him. So all I'm saying to you is the most important thing you're going to do and you can do in life is make your money work for you.

Speaker 1:

You spend all that time working and generating it and creating it, and you're able to create some money, right? Why do you think you're not able to make the money work for you, right? You just have to have rules, you need risk management and, yes, I think you need some advice and I think you need some guidance and I think you need some people to teach you. There is a free masterclass down below. You can watch that. That'll make you a lot smarter already.

Speaker 1:

And you don't want to be the FOMO guy, right? You don't want to be the guy that buys stuff super, super late, like I think at the moment. For example, I think Palantir is a bit late. I just think it's just run up so much. It's just. You know they need to really catch up with numbers. Nvidia actually looks a lot cheaper on many metrics, but you know it's not about specific stock sets, it's just about you got to get that mindset in place where the money that you have is the most important thing in your life in terms of being an asset that can make you more. And if you do that and you do that early, rather than in 10 years the impact will be so freaking enormous on your freedom and your children's freedom, and your whole family will be be changed by it. And then, if you can teach them those same skills, then you know, wow, like you really have changed the trajectory of of your family forever, and that's what I'm hoping to achieve for everybody here.

Speaker 1:

So watch the masterclass, keep digging, keep figuring out how to manage your money. It is the most important thing. Does it matter whether you miss a rally or miss a stock? No, completely bloody irrelevant. You don't need to be in everything. You just need to do reasonably well. That's really what it's all about. So if you do that, you will have financial freedom and you can do whatever the heck you like. And the reason this is pre-recorded is because I'm on a flight to Dubai. So if you're in Dubai, drop me a message and I wish you a tremendous day. I wish you a beautiful weekend and lots of financial freedom.

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