Emergency Technical Analysis 🚨 Buying Strategy #mu #amd #nvda

[00:00:00] Speaker 1: all right we are live Ashley wonderful welcome guys this is an emergency live for me I'm not in my studio I want to share with you what I'm buying everyone is wondering are we at the bottom are we near the bottom what's going on with the markets and what I can tell you right off the bat one second got another guest that's coming into the green room and I'm going to bring them on in a minute I've got a couple incredible guests we've got some great minds for you guys today see if you can guess who they are in the chat is this the bottom the answer for me right off the bat is absolutely not we probably have another week of I don't want to say hell to go through but we're not at the bottom there are some stocks that have bottomed out and that's presenting some buying opportunities and you know you cannot perfectly time where the bottom is I mean I can show you support price can break through support and then after things have cooled off maybe one or two later two days later it can recover that support and then it would be said that it had respected it but it doesn't mean that we can pinpoint the exact turnaround price but I'm going to give you some important technicals on a bunch of stocks I'm going to talk to you guys about stocks I like and don't like and what I'm buying and when I'm buying we're going to try to dial it in I've got some guests that are going to react to this event that we've had this sell-off this flush this ugly day let me bring them on all right uh welcome Larry I'm not in this hey let's see there I am thank you for being here today and Ashley I didn't even have a chance to tell Ashley that you were going to join us today um hey it was a quick one hey Ashley hey my friend what a day let me just get Ashley's reaction Ashley I called you and I wasn't even when you when I when you answered I wasn't even sure that you that [00:02:14] Speaker 2: you hadn't accidentally answered because your reaction was like oh my god and I was like is she [00:02:21] Speaker 1: talking to me and I think you were just reacting to the market um tell me real quick what your thoughts [00:02:27] Ashley: are on today well it is fascinating to actually see it it's awful and it looks terrible but from a trader's perspective it is history being made and to watch it unfold live and to see these candles forming and to see the volume spiking it it's just um it's an incredible learning opportunity i'm a glass half full so i absolutely watched in fascination and horror today as it was all unfolding and then my mind switched to where are the opportunities yes yes all right let's let's uh bring in [00:03:04] Speaker 1: larry larry i you know i was kind of racing back to my hotel a little bit uh you know perspiring here on the journey and uh trying to you know get over here and do this video and then you called and you know you know you and i often will process these big market events and uh just give me your reaction [00:03:24] Larry: brother it's carnage in the street let's call it what it is it's carnage carnage carnage um this is all the election right uh nothing is wrong with these companies they are the same companies and um there's going to be a lot of opportunity i heard you're open josh and one of the things i want to add to your opening so you don't catch he double hockey stick later is even though josh said that we have probably another week that does not mean that it's going to be straight down monday the market could be up so i just want to uh just get josh some a little protection there and just understand that this was simply all of this selling off today had to do with one thing and that was the other party took control of the house the senate and that party is not pro data center so you got to understand the fundamentals of what's going on right and then we have this collapse boom boom boom one thing is a house of cards to start and at some point things will get oversold because the reaction is going to be uh a knee-jerk reaction at some point okay when josh goes to the charts josh one of the things i want you to look at is i want you to go back to liberation day when you go to the charts i want you to if you don't mind do that with the nasdaq and the uh uh the spy okay let's let's uh just do that i want to run [00:05:11] Speaker 1: through some charts uh i and i'm going to give you guys my perception on where we're going to go and everywhere i give you i'm going to try to do my best to let you know if this is a place that i would buy this particular stock um i am going to put money to work i put money to work today but i have said it in every video and i'm going to repeat it today uh i'm looking for best in class because every downturn that we get you never know what is going to recover so all the stocks go down and then they then many of them will v-shape recover but somebody gets left behind somebody doesn't go back up with the green candles and those stocks still have the bigger problem left behind now i told you in every video that i've made since i think it was last week leave crwv intc leave them alone there's ton of more room for them to go down and then in my last video i commented i added to that party apld these are all companies that i've liked in the past because they've had explosive moves i'm talking just incredible gangbuster you know uh intc went up almost 800 like 760 so it's exciting you know those are those are wealth building events right but even when we get the reversal or the turnaround not everything is going to get on the train that's going back up so you know i i'm going to take some underdogs with me i promise you i'm going to take some risk i'm going to share one of the underdogs that i bought today i'm talking it's a it's an ugly chart it's down and dirty everybody's forgotten about it nobody is thinking about it but i bought some today and i'm going to let you know which one that is it's under 10 bucks and it doesn't it's not a best in class by any means but because it hit a price point that i thought was uh interesting i thought and i'm also looking out i bought a couple thousand shares right now for me that is that is not a large position for this particular company but you know if you take an underdog trade right now let's just take a minute larry and ashley and talk about this um and i'd love to get your thoughts next ashley if you take an underdog play and i'm gonna call it the aplds the intcs the crwvs you need to keep the position size very very moderate the only thing that you can go in heavy on in my view are really high quality plates and who are the high quality plates it's the nvidia's it's the google's it's the amazon's the companies that are not going anywhere and they're just setting up for buying opportunity doesn't mean they couldn't go lower but this isn't the end of those companies so when we get back to the top and you give yourself enough time those will be profitable again but there are certain plays and i i've referenced this and i'm going to leave it here with you in a minute ashley i remember back in 2021 i know larry will have an opinion on this when everything was about the evs right you had lucid neo tesla and literally another 10 right anybody that was coming out with any type of electric vehicle was the stock had gone through the roof it ran up from ten dollars uh the spax larry remember the spax back in the day it ran up oh you know i love this back went to 80 90 and then and then it they kept falling until eventually i think i don't neo is like under three dollars today and lucid you know uh same thing it has its moments here and there but they all keep falling and that's what's going to happen here there's going to be some stocks that are left behind when the teslas the googles and the invidias go back to the top of the chart these ones will not go back to where they were but ashley what are your thoughts on underdogs are you doing any underdog investing uh feel free to give me your your best underdog pick and what are your [00:09:12] Ashley: thoughts on buying bad stocks right now well everything's so risky right now anyway with this vix elevated i actually don't prefer to do any riskier stocks at this point because they're being dropped like a hot potato and you don't know where the the bottom is but i will say this if everything gets settled with these data centers if you start looking into the detail and you see the build outs in texas that are planned for 2027 to 2028 no changes to that that's actually been put out there here recently by the newly elected governor what more than likely will change is there'll be some concessions made on taxes on the build out they'll want union labor to do the build out i saw that there will be concessions on water usage and not ensuring that residents electric bills don't go higher so everything will get going again because they don't want to lose the tax dollars associated there's revenue you've got to think like everyone is just dropping the stocks and then they're asking questions later but if you think logically about all of the potential growth that is coming if and we know how businesses are if they're under too much pressure let's see what's happened in california they will move they move to texas if texas gives them too much pressure they will go they'll go overseas or to mars i mean we even see that for the data center build out so businesses will survive once all of this drama dies down they are going to start looking at the companies that are best in class so one of my favorites is in if you got nvidia right nvidia is doing the chance when you're looking at the data center nbis is my favorite pick core weave scares me right now to be honest with everything that they're doing with how much debt that they have but i really think that that if you're going to put money to work on an underdog trade i would do that but with that being said i actually prefer trades like spmo qqq voo vti these are generational opportunities if your children have money set aside and they are wanting to know what to do with it i have some members that they were telling me today they they've been saving cash for a moment like this and they're like what what are you doing with it and this is when i actually start really investing heavy in those particular place there's no time erosion there's no monitoring you just add on these dramatic red days and it's like the chia pet you water it on every red day and then you watch it grow through the years and it's really giving them a generational gift all right i'm [00:12:01] Speaker 1: going to give you guys uh some plays here today so just keep in mind we're working through processing the market someone said no charts just therapy today that's why i brought larry on larry is great at helping uh calm the mood and um and i got ashley on here today because her and i were chatting about some long-term uh strategy on a sector that i don't like i do not like this sector right now because wall street doesn't like it it's not that i don't like it it's they don't like it i don't i don't like what they don't like and that's memory right but um memories at a place where it's attractive and uh so i called up ashley and i was like ashley let's figure this out you know what leaps do you like i picked a leap she gave me a better leap and a better explanation and uh then i said okay let's let's figure out how we can fund these we want to sell some puts and and i picked a put and she picked a better put and uh so if you guys don't know who trading with ashley is she's really a great strategist on leaps and uh longer term option plays and portfolio management and her and i collaborate i share some technicals she shares some experience with some particular options and strategies behind them so make sure you go over to her page and hit the subscribe to trading with ashley and i'm gonna we're gonna go i'm gonna share with you our conversation from earlier and we're gonna come up with a couple plays for you guys today and um and we're also gonna go through some technicals larry um calm calm the market and let them calm the followers the fam and and let them know and give me the ugliest um uh stock you bought today the ugliest underdog stock and because at the end i'm gonna give you guys my my under 10 dollar high risk uh investment i'm gonna tell you about some spacex today oh i'm gonna chart spacex for you guys today i'm gonna i'm sorry for you i'm gonna pick up a few [00:14:03] Larry: i think is it's grossly overvalued still i think it's just grossly overvalued you guys everyone knows that i did not run and go get it i just picked up of a few shares because it was so beat down today it was just that simple but remember i i put spacex in a place that i put tesla in where in 2021 when the shorts just kept trying to short it because it made sense to the pe and it never did come down to where it was right where where they said it was gonna come so that's an elon move right but i will tell you too that i actually nibbled on josh you're gonna be shocked micro strategy and mara i nibbled on some micro strategy and i nibbled on some mara and i'll do some more tomorrow i bought some bitcoin all right but i because i bought some bitcoin i was looking for bitcoin uh plays and i bought some micro strategy and some mara and i let my community know that this is a swing [00:15:15] Speaker 1: trade for me well i need to do i i need to do we could have done an emergency uh video for just larry and i to talk about microstrategy mara and bitcoin because believe it or not mara was my down and dirty uh high risk under ten dollar investment um i'm already looking at that today today today so we both bought mara larry and um and we didn't talk about this guys uh and i'll be honest i actually like the riot chart just a little bit better um not the riot was next yeah and you know and there's a really good reason why i these plays are being mentioned to me right now i personally believe that november could be a great time to strategically buy bitcoin okay it could be a great time to strategically buy bitcoin but the leveraged versions of bitcoin as people perceive microstrategy and mara and riot to be those are basically trading a a higher risk uh version of bitcoin those will run early so even if bitcoin has a period of time in which it comes down they people will begin to take position in those vehicles first because of because they're higher risk they'll also sell them first they'll take risk on them first and they'll sell them first that's how that works i've watched this through multiple cycles and when i saw mara get down very very close to its low of you know 323 was the lowest pivot low in the past and we're here we are today at 586 you know and i said to myself we're looking at a a you know a minimum of a 15 dollar stock in the future 15 to 16 dollar stock and we have a you know roughly 200 opportunity move there and i thought you know what i'm gonna buy some of this uh because i wanted to take some into the next bitcoin cycle and today is a pretty ugly day and i want to have a little piece of this right i'm not putting in a quarter of a million dollars or half million or a hundred thousand but i'm buying a little bit um all right let's uh let's let's go into i want to have the conversation with ashley about amd and uh and i'm going to take a minute i'm going to show you guys the chart and then we're going to get some thoughts from ashley on the options and she'll share with you the strategy that her and i talked about so let's go into the charts real quick and uh yes let me give some alpha [00:17:58] Ashley: to your members now in the community we have tested this trade quite a bit and we've been doing it and it works really well it's it's a trade on the vix specifically one thing you'll notice about the volatility when it spikes above 20 it does not stay there for long periods of time now it can stay suppressed for long periods of time you can see it at 15 and it just kind of hangs out there for quite some time but you don't see the volatility stay high even if the market stays down the volatility dissipates usually in short order so we have tested different ways to trade it well i found the way that works the best for for us and it's this it's buying the inverse of the volatility svix currently it's at around twenty dollars and what happens is you buy that now and then when the vix goes down i usually wait till it's till about 15 below 15 again the vix itself and then this will spike and you sell it in profit that has been one of the most reliable trades on elevated volatility that i've been able to find it's just buying that straight and then selling it as a swing trade i love that i love that um okay let's [00:19:13] Speaker 1: let's just go look at amd real quick i'm going to pop this up and give you some thoughts on the technicals now admittedly this is a profoundly ugly candle major drop um and uh we have cleared and made a lower low on all of these local uh pivot lows and we have just one more to potentially hit which is right here at 395. now there are two things that are going to happen but i do like this 395 region and um and i do see potentially this setting up for a type of a head and shoulders pattern um and i do see an eventual touch of this ascending line so this ascending line here is pretty important historically and i do see a touch of it but what i imagine is that the likelihood that we're going to have a distribution event now we're not going to go straight down on everything okay we're going to have a distribution event this is a 40 drop and if we go just a little uh lower to 395 we will have a a yeah exactly 40 drop and i believe that at that point we are going to be largely potentially making a right shoulder and now i don't know that we're going to stop here but this is the soonest place to take risk that makes sense to me now i'm going to throw a a um we're going to throw a fibonacci right there and it shows us where the uh right shoulder could come up and that would be back to 457. so if we take risk at roughly 395 the trade would be from 395 to 457. and what i imagine would happen is that we would we we're going to do something like this and this is one of joshua's famous predictions okay some [00:21:12] Speaker 2: people like them some people don't and and i know one thing i'm gonna say one thing i know that nobody nobody likes the i told you so's okay right so i'm gonna just this is one of the i'm telling you so right now [00:21:30] Speaker 1: so just pay close attention and not everybody gets them not everybody understands them but listen carefully this is what i believe will happen and it's possible that i'll be back here you know three [00:21:39] Speaker 2: months from now saying hey i told you so so let's go look at it larry's like larry doesn't approve [00:21:45] Speaker 1: okay so i see i see a significant neckline of support here okay remember 395 and i believe that we'll bounce i'm not convinced that we will you know go straight back to the top and higher that's not what i'm saying i believe that bare minimum based on this fib uh retracement we're going to go back at least to 457 and so that's the trade now what i think we're going to do and we can go higher we could go all the way up to 495 382 okay but i'd have to see how it re re um reacts to 460 roughly okay so if we get rejection candles at 460 i'll have to close up the trade that is a um that is largely a 65 move right and it's a it's a risk that makes sense to me okay now we could go as high as 495 and what i ultimately am going to have a longer term strategy of buying is when we hit this ascending line right here and i think it's going to take us some time matter of fact if i pull this line forward and let's say we bounce at 395 as i suppose we come up to 460 we come back to 395 it's right in that window that we're going to hit this ascending line and i think that's going to be uh the the the more of the turnaround time and that projection looks like it's going to be february 16th of 2027 so you know we've got and and let's also let me explain this to you this is not meant to be a hard prediction as to what mu price will do what this is meant to be is this is in my view at bare minimum if this company is an absolute crap and worthless at bare minimum it should do what i'm presenting it could do way better um now what i'm not going to believe is that it's pulled down 40 and we're just going to drop another 20 because it's a wholesale armageddon on stocks there's nothing you know literally two weeks from now the market will be saying again that uh you know someone in the democratic party will come out and they will say that you know we're going to work out these data centers and then everything will rip okay so you know and and smart money or inside money nancy will take a new position i don't know okay somebody will get ahead of it and and it's going to be a huge money making opportunity um we're going to get uh ashley's thoughts on how to trade what i just shared technically but let me quickly get a [00:24:18] Larry: reaction from larry on what i said okay a midterm is every four years right yes sir i want everyone that is watching this video to google out of the last 19 midterms how did the following year perform so that's 19 times four right that's a lot of years ashley could you google that while i'm talking and then i want you to read it to the people here's what i'm going to tell you amazon alphabet microsoft and meta has spent 730 billion dollars on ai infrastructure if you add spacex which is another uh um ai company we're talking 800 billion dollars they've spent 2025 come on just like ashley said right these projects some of them are already green lighted these states and these cities are looking for that revenue midterms are over they're going to work something out these data centers are going to say absolutely have a way to do it safely and boom watch what happens this is painful i get it amd just kicked butt with their earnings did they not they did they literally just what two days ago or was it a day ago i've been traveling they literally lisa sue or lisa tussie she just kicked butt with this company and look at it today all of this bloodbath has nothing to do with the fundamentals of these companies it all has to do with fear and uncertainty anytime there's a midterm election and the market [00:26:30] Speaker 1: does not have certainty it flushes absolutely and larry um as a real side note you know someone who is i think pretty moderate wouldn't you just tell the people that uh stop believing that that the um politicians are you know you know that they believe in anything other than power and money and you know come on now trust me those data centers are coming i'm just telling you right now they're coming they're coming who's gonna make the deal right is who's gonna make the deal listen can i keep [00:27:04] Larry: it real come on now keep it real donald trump hated did not like bitcoin yeah guys we got short-term [00:27:12] Ashley: memory no no i remember i remember yeah i remember he said the u.s dollar is where it's at i remember [00:27:18] Larry: i don't like bitcoin i don't like bitcoin i'm about the u.s dollar i don't like bitcoin and then soon as he soon as he saw an opportunity and he liked it everybody fell in line well can i can i tell the [00:27:37] Speaker 1: story real quick larry me and larry were at the bitcoin conference and you remember when he came out and he [00:27:42] Speaker 2: said i'm gonna fire gary gensler and the crowd erupted and then he he he looked to his left he said well they really like that he said you know what i'm gonna do he said it again i'm gonna fire gary gets two times you know and the crowd went nuts and i thought oh this guy's hooked he's gonna be a [00:28:00] Larry: crypto guy from this point forward yeah yeah so we we have to take advantage of these these times right now um we gotta look at these data centers i mean nvidia uh be i'm i like be i like bloom energy i love these i i really like be i think that these are going to be some bulls coming when like ashley said when this is over okay when is the politician line when their mouth are moving these any of i'm i'm telling you the powers the the people that took over the the the house in the senate right now the ones that were i know data centers are this they're bad they're bad they're bad fast forward three months not even six months fast forward three months from now and watch don't they're not even going to address it they're just going to pass these bills yeah go ahead build your data centers here's the biggest thing why in all sincerity america cannot afford to be second in this ai race i'm telling you [00:29:15] Speaker 1: yeah all right ashley help me with the amd trade i i i'm very confident that a 40 pullback i need to take some risk on leaps that are out about a year so i know i need to do that not you guys that's i'm talking about what i'm doing with my money but now let's dial it in and review your thoughts on the leaps that you and i talked about earlier [00:29:38] Ashley: i will i i understood the assignment uncle larry and i want to just follow up with what you asked me to do yes 19 out of 19 times going back to 1950 in the midterm year the market was up a hundred percent of the time 19 19 midterm years and the average was 15 percent anyway anywhere from like three percent all the way up to 60. so that should give you confidence and if you're looking more for more short-term dynamic anytime you see a big spike like it did today and have that kind of a move one month later then the market is up 81 of the time in one month that's right around that christmas rally time frame which is very much neater right especially if you're suffering today but i just wanted you to understand that when these things happen they are opportunities if you can participate if you can't one thing you might want to consider doing is going through and sorting your positions in your portfolio go from top to bottom on the what's holding the most capital and then look to see say hmm can i deal with that 10 loss for this other opportunity josh and are about to go over one for you and consider that instead of just feeling stuck there are things you can do you move your money around like you do a chessboard to make sure that you're taking advantage of what's in front of you so it may be taking a loss now but then you are looking to move it to something that's going to pay you significantly more later and that's a way to repair and recover but okay speaking of go ahead when you think i want [00:31:14] Larry: to say something before you guys go into that josh when you guys finish when you finish um ashley [00:31:20] Speaker 1: okay i also want to throw out a lot of forgive me ashley i want to get to your point uh one of my favorite statistics about uh november december after midterm election is that within six to 12 months the market makes a new high within six to 12 months from the midterm the market will be at a brand new all-time high so i so just to larry's point okay ashley go ahead okay so i want you to think about [00:31:46] Ashley: something and for the listening audience these things that we are talking about these instruments they're not cheap but they are a lot cheaper than a hundred shares of the said stock and so what we're talking about are leaps and if you don't understand what that is in just the most condensed version you are buying a call option you're purchasing a call option i know that in a lot of the communities you do short-term call options these go out a year or more and it is giving you the movement of a hundred shares of the stock it's not giving you dollar for dollar movement okay because that would be having a hundred shares but the delta and that's what josh and i were looking at today is defining for every dollar movement after you make the purchase for every dollar movement in the stock up or down then yours is moving by that delta that you select and so when we have an elevated volatility event like we do today all options not just put options but call options too they all go up in price well if you're a seller that works in your favor but if you're buying you're actually paying a little bit more but i want you to think about something if you're getting an incredible fire sale deal you can overcome that volatility that paying that extra you can overcome it with price movement up okay so don't fear that too much but one other thing you can do to take advantage of it is if you're going to buy a leaps call option let's say you're going to buy it a year out then you are paying a little bit more because of the volatility if you have the luxury of having the cash available you can then sell an option that's about half the time maybe six months out and you can be the receiver of that extra iv in the premium you're getting and that compensate you for paying a little bit more for the option i want you to envision the high volatility event like like the sun that's the sun the leap that you're purchasing is further out from the sun it's a year out in time the the put option that you're selling to finance it it's closer to the volatility event so you're getting more elevated premium on the put that you're selling to compensate you for the smaller amount of premium you're paying for the put for the call that you're buying and then when that vix comes down the overall vix comes down to about 15 then you get out of that sold put you get all your money back and now you've been fully compensated for that extra volatility that you paid for if all that's totally confusing to you just hop on over to my channel i have a lot of videos on this and then obviously you could come into the community and i teach this throughout the week but that's how you normalize what's happening and you take advantage of both ends of the equation yeah absolutely [00:34:57] Speaker 1: excellent teaching i'm going to do a micro version of what she just said so you you you want to be in an asset and you want to give it time and you can't afford to buy a thousand shares of google because that's way too much money you have the opportunity to buy a call leap at a fraction of what those shares would cost but allows you to be in the position as if you held those shares and so you're going long on a call leap but the iv which is the implied volatility is making that call option expensive so when the market calms down and google begins to steadily climb higher it's climbing higher but at a calmer environment and the the iv which causes the premium on that option to be expensive begins to cause the option to go cheaper even though price is going up and the way that you overcome it i know this is a little confusing i'm basically repeating what she said the way that you overcome it is to take advantage of selling some puts for people you know the bears make money the bulls make money the hogs get slaughtered who are the hogs they're the ones who stayed in the position too long some people when we go down another three or four percent on amd there's a couple bears that are going to think it's over amd is worthless it's going down another hundred dollars those are the bears that made money but turned into hogs they're the ones that are going to get slaughtered now we then turn around and we sell those guys some puts that are long dated like a year out as well or maybe six months okay and they greedily buy them up imagining that amd is going to go down even lower right but it doesn't it reverses they hold on to them but the iv which made them expensive begins to fade and they the value of the option begins to get lost putting us in the money putting us in the money and so this is how this is a trade strategy and i know for some it might be very confusing but i just wanted to share it with you because this is where it's time to look you could you could just go long on amd but there is uh there is potentially uh you know there's a different level of risk this is a little bit more of a cautious way and it ties up less capital and it protects your long investment it basically can use those greedy bears to pay for your long position on your call um let me let me hopefully any other comment either one of you guys want to make very briefly i'm going to take everybody into the spy because i know we're going to run out of time and i need to cover some charts here larry any thoughts on what we just [00:37:44] Larry: shared i i um i i'm listening and i'm learning i learn uh when it comes to this i prefer i i uh i go to ashley ashley is a queen a king and a queen and and when it comes to lee she's a big boss she's a big boss she's a she's a shot caller i got something to say about the overall market uh that i think is very important but i'll do it right after your charts okay yeah we call her big big ashley ashley [00:38:15] Speaker 2: all right everybody knows what that reference is okay let's get into the spy and i'm going to show [00:38:19] Speaker 1: you exactly what's going to happen and i know ashley because i i know a little bit about her thinking when it comes to technicals and when i come done with these technicals she's gonna be like oh yeah i see that josh okay guys i've been telling you forever that the minute we crossed beneath this 60 percent that we were in danger of a flush i've also been telling you that uh that if we ever break underneath this ascending uh channel it's very bearish and i gave you a prediction as to where we'll go which was 7 14. and matter of fact the very last drawings on this chart is this little squiggly line down here from yesterday's video saying you know we are very dangerously in a spot that if we cross beneath 7 64 one more time and if we then break beneath 750 one more time it's like a swat team hitting the door this structure is going to break we're going to have a very ugly day and we're going to come down with aggressive momentum on a sell-off and i've predicted already where we would bounce you can see that we have uh two touches on this ascending line of momentum support and the first takeaway that i want you to get from this this is a weekly chart okay so it's a higher time frame chart it's not about trading the day what's going to happen friday and monday this is about trading the month what's going to happen in november and december that's how you use the weekly chart so i'm looking at weekly candles and i'm looking at a weekly move and you can see that i've been warning about this for weeks and weeks and weeks that we were losing momentum that we were repeating exactly what happened here here and we're repeating it again and that we were going to get a flush and that we actually have some structure that we're probably going to bounce on and it's right here at 40 percent now the next thing i want you guys to identify is what does this tell you right what does this tell you what does it tell me it tells me we're not done going down the spy is not done going down we have another bad week we could have a couple green days in here doesn't matter we are going to get down here we are not going to reverse before this hits 40 on the weekly and anybody that follows this channel has been prepared with that knowledge they've known where we would reverse and where we would go to they've known it for weeks by following this channel so if you saw us lose 750 today and you didn't short every big tech company um then you're not really understanding the game plan but this is the one thing i'm gonna tell you so this does not mean that there aren't stocks that can be bought right now there are but the overall market has to probably come down and hit this 714 and it has to come down and hit the 40 on the rsi and then i'm gonna take you into the vix okay and this is also very important now you can see and this was also something none of these marks these are all old marks from a video made weeks ago all right we're looking at the weekly time frame and i told everybody then when everything was really calm and we were down here at 1380 i said this is normally when trouble begins you know this is where volatility uh this is where volatility comes into the market right so we're gonna get volatility it was we're this market was so calm and here we go it took a little bit longer but we got that volatility but if you look at this chart where does volatility go to die it goes right around the 30 mark yeah and every once in a while it can go higher but the reason why these are higher are these are macro events okay we're not in a macro event someone would say we are but we're not every usual moment of volatility is normally a spike up to 30 which we actually got right under today at 28 17 and normally from that point forward the market calms down it doesn't mean that the market can't go lower it means it's not going to go lower at the same pace it's going to go lower a little slower but that's the journey of recovery that eventually brings us back to a call market which eventually which explains uh ashley's commentary of why expensive put options that we sell will be premiums that we collect for ourselves and the hogs those will expire worthless they will not gain in value as they're imagining and hoping unless some armageddon occurs which you know which you know there we would have to have a black swan event to to take us significantly lower than i'm predicting right here on the chart so let me just take a step back and get some reactions from my guests [00:42:42] Larry: so josh could you go back to that channel and tell me you had uh that dip two on the rsi go back [00:42:52] Speaker 1: and see what that date is what calls that okay that date is is that around march march 23rd of what year that's uh 2026 it's this year okay yep and then back here is is is okay the the one previous is um liberation day i'm pretty sure this is april 2025. yep yep okay that that that's the point [00:43:20] Larry: i want to make okay go ahead yep so here's what i want to say all right first of all josh you you said the same thing i've been saying on my on my channel and uh i got into a back and forth with someone that went back to a stock i picked months ago just like you and everything else hey i i i my bad my bad [00:43:46] Speaker 1: picks i was bullish on avgo and intc right before this flash and right those were terrible calls so everybody you know doesn't get everything right go ahead larry right no one gets everything right but [00:44:01] Larry: here's what i want to say josh and i were not saying don't buy stock like apld poet usar oaklow sterling i know you guys are asking about those and and we have the same tone today it's it's it's amazing to me so when i made my video today i was saying i'm looking towards quality and i'm not looking to buy these right now that just simply means that when you get this kind of a flush we're not telling you not to buy these stock we're saying there's bigger opportunities in companies with much more revenue these are proven blue chip companies and that's what you do in these times right yeah you can pick one of these and and and it takes takes off you can buy a three dollar stock and it go to thirty dollars you know but this is not the time to be putting all your money into that that's more gambling you got [00:45:04] Speaker 1: more foundation with this let me say this yes thank you larry quality quality what larry's saying to you is you can get your you can get your your your gambling stocks if you want to call them that but this is an opportunity to get into your quality stocks okay let me say this and this is fundamentally [00:45:25] Larry: uh as you know i'm a forensic investor i look at everything think about this he showed you that dip on one on the rsi that was liberation day right if you go to the chart you can go to the spy josh 30 days after liberation day the market was up huge it was literally a v-shaped recovery right here's what i want you to know that is similar to liberation day when you have a situation that really can't get too much worse but it can get better that was liberation day here are the tariffs boom bam here you go all of y'all everybody i'm even putting a tariff on people on the moon right that situation can't get too much worse than that and look at what the market did it could get better right 80 20. so now here we are with these data centers eight 800 million dollars right 800 billion dollars spent i want you to ask yourself is this situation going to get any worse it can't like people are treating it like data centers are done look at this dump today but it has the potential to get better which is going to happen when they start cutting these deals so emotionally i want you to think about that when the market is down this much on days like today all right i'm going to quickly talk [00:47:01] Speaker 1: about some charts i wanted to show you guys nvidia is one that you know i called this so nicely i told everybody we were going to hit right under 244 and that was a full measured move from a fib theory and that that would be the best time to go short not to buy long and that it hit 243 and 57 cents so it it it's a near perfect call and it's been falling it's been taking the elevator down ever since i told everybody that the the that we were definitely going to get to 210 to 206 be patient we got there very quickly and today we've had a major flush down and i said the last time i made a video about nvidia i said the next stop is likely between 190 and 180 hit 180 today i'm going to show you the chart i'm going to show you something very similar that i'm going to be watching there and then i want ashley to comment on her own personal if she's willing let me know if you're going to buy some nvidia with this pullback uh here we go let's get into this chart so so very similarly you know the weekly time frame you start looking at these types of sell-offs that occur and we had a pretty big one i'll give you the percentage down that it had so here we came down 43 percent roughly and i'm going to come and do the same thing up here we came down we're sitting at 26 percent right so there is still more room down on this move and um but we are also at the momentum low at right around 36 okay and we are above that here at 38 and so even though i would love for there to be a reversal and there could be a reversal right um there's actually just a little bit more that this could come down nvidia could come down i did buy nvidia today um and i will say this that this pullback of 43 percent in the past you know this that's kind of something you want to look at you want to look at what is a usual pullback look like uh previous to that we had a 35 we had a 43 let me do a couple others for you now someone said i'm afraid we're going into a bear market and and i don't want to buy anything somebody said that in the comments a moment ago we've we've got a 35 a 22 a 20 percent pullback all of these were very minor we have earnings in two weeks this market will not will it doesn't have the data i'm gonna just restate this to you guys and maybe this encourages you um the most important thing that all of us need to be aware of is what the fed just said fresh fed talk he said the economy was strong there was not an ounce of you know recession fear or we'll pivot if things get tough and we will you know lower rates the whole conversation is about raising rates because of a strong economy and if and we don't have the data we don't have the data for a weak economy wrong jobs yep and so so i i the idea that this won't be a correction and that this will be a bear uh you're jumping ahead of everybody you're jumping ahead of the fed you're jumping ahead of the economy and you're in fear because the data doesn't support that view it doesn't uh the data actually supports that you know that that the economy's strong nvidia's last earnings were absolutely incredible and we have an event from them an earnings event in two weeks and here's the thing right now the market's all piled in on going short on nvidia and it pulled it from 244 all the way to 180. there's going to be a closing up of that bear trade and a taking profit and it's going to happen before earnings now wall street looks about two weeks in advance of earnings and we are two weeks away from earnings and it's proven that retail is a little bit shorter sighted they tend to begin to look at the trade a week before earnings so with all that said i didn't want to miss the buying opportunity and i took some risk on nvidia i showed you the rsi suggests that there's a little more room down potentially which means i didn't buy my full position i'm i'll buy a little bit more but from where i bought today at 180 to two weeks from now that could be a really big return ashley what are your thoughts on nvidia right now how did you buy any nvidia today are you gonna [00:51:37] Ashley: buy some tomorrow what are you thinking oh well i i really have a full plate of nvidia the last time i bought heavily was when it was 85 and it was during that whole drawdown that we saw with the tariff tantrums but i will tell you this is a really fun trade that can be a quick risk to reward dynamic that i've actually been helping my members through these types of trades but what you want to do is consider buying a moment like this that leveraged ticker nvdl and then what you want to do is you want to ensure that when you sell it that if you let's say 10 profit so these are quick trades but you would put a 5 stop loss or 20 profit 10 stop loss and you can just figure out percentages or you can do actual dollar amounts but ideally the ride up you'll enjoy double in the trade then you would potentially have the loss and that's a really fun thing to take and it is something that you don't hold for long periods of time but it usually works well when we're bottom fishing like we are now [00:52:51] Speaker 1: yeah um what do you mean by bottom fishing right now well when you you were showing that [00:52:58] Ashley: the rsi we're getting into the oversold territory we also pierced the all-important bottom of that volunteer band the 200-day moving average that 200 psychological level and so nvidia having such a strong balance sheet and being the benefactor of a lot of these data centers when they get going the whole ai trade this is the one company that does the best by pulling in money and then turning it into profit for the shareholders it's incredible if you look at the p ratio it's just amazing it's an amazing company and so it'll be one of the first that everyone runs back to when they get the green [00:53:39] Speaker 1: light on this ai trade again yeah and um with the catalysts ahead in two weeks and wall street tends to look at earnings plays two weeks before we're really in the perfect window that the smart money the bears who just profited from 244 down to 180 they're too smart to not close their positions and the way that it works i know a lot of retail doesn't understand this but when you borrow shares to short a stock up at 244 you've got to buy them back and if all of the bears decide to take profit at 180 two weeks before that creates those big green candles off the bottom so um ashley's loaded and stocked with quality company like nvidia and i needed a little bit more uh larry how about you what's your [00:54:28] Larry: thoughts on nvidia i bought some nvidia today and um i told my community that if tomorrow's down i will buy some more uh down um here's here's what i just have an idea josh i don't know if you could pull up a um a chip etf right uh if you can pull up a chip etf and go back to um liberation day the v-shape recovery [00:54:59] Speaker 2: and go to the bottom uh of the chart where it bottomed down you know that that you know we go if we look at xsoxl on liberation day the run-up after that was un ungodly but go ahead larry tell [00:55:15] Larry: them that this is this is this i'm not saying this is gonna happen i'm saying that over time this is the potential so look at tell us what the run-up is or show show the chart okay i'm gonna do that and [00:55:29] Speaker 1: um i also want to uh show the technicals on what ashley just said regarding nvidia and then i'm gonna do what larry was talking about so what ashley was talking about was the bollinger bands and uh you can look at it historically that anytime we get to the bottom of the bollinger bands we get a reversal anytime okay every time every time we touch the green bollinger band we get a reversal we are we are outside we are outside and down the road uh beyond the bottom so so that's why this to me seemed very attractive but look at this anytime in the last couple years we've touched the bottom of the bollinger band we've gotten a reversal anytime so just that's what ashley was talking about the other day we are not just at the bottom we're outside the bottom on one of the world's strongest companies and the leader of ai we are not in a bear market in my opinion and the ai bubble has not popped in my opinion 2027 is going to be an extension of that it could pop in 2027 but nvidia will make another brand new all-time high and probably it could even do it by the end of this year we could be back at 251 by december now that would be very optimistic to larry's point let's go look at spc uh not spcx soxl okay this is an etf that tracks along of the uh semiconductors and right here to larry's point was liberation day it got oversold on the weekly time frame and we came all the way down here to seven dollars and 83 cents and then shortly after that it exploded it went from seven dollars and 84 cents all the way up to three hundred dollars so for perspective and i don't believe that i have it but hey josh that's [00:57:20] Larry: that's leverage though go try soxx or dram just try yeah yeah yeah that was a that was by the way that was 3000 but to to that point to that point i'm in a swinging trade with soxl by the way yeah to that [00:57:36] Speaker 1: point we are sitting on support for soxl uh we're sitting on fabulous support for at least a move from 40 back to 74 so this again is very attractive and this this uh even though we could technically go into oversold on the weekly time frame a usual reversal spot is right at 40 on a higher time frame and so it would make more sense to me that we would reverse here and go back to 74 um but we're going to run [00:58:04] Larry: out of time so but we will look at a um a dram dram or s or s s s o x x or dram just do dram most people [00:58:13] Speaker 1: are in drama yeah yeah yeah i mean you got to love that uh we got to go to a shorter time frame yeah we're oversold again you know uh this had a lower low it wasn't done going down um okay but we are in a place so s x x dan well i think this does this does the the purpose i mean we we have a pivot low here [00:58:41] Larry: okay what are you trying to figure out larry i just wanted to see like i think we're in the same type of environment as liberation day i really do yeah keeping it very simple um we're oversold [00:58:55] Speaker 1: we're oversold right we are we are severe matter of fact on so xx yes this is liberation day the only other time that we went below the 30 rsi on the daily time frame was liberation day it's the only other time and today we're below it on the 30 in a similar situation so buying it today today would be very similar to having bought it then from a momentum perspective i do believe again that that larry's right this this is a position a risk position that makes sense um it doesn't mean that you load everything up uh so xx is a uh you know it's it's it's not qqq right um and so you know if you got in it i think you would make some money it's hard for me to not think that in time this will be back up to 164. it's all about money and time um all right let me pop on to spcx and make you guys a prediction a very sensible clear prediction we have an ascending channel we've got uh uh two points on the top of of touch we've got two points three three points on the bottom we've broken it officially we have two full candles beneath it one is crossed outside of it the other one is opened and closed open and closed beneath it making a more aggressive low even if now this is this is not something people are going to want to hear even if this is a reversal point we are likely to back test 130 and we're likely to continue lower the fulfillment of this pattern is a move down to 113. so the fulfillment of this pattern is a move to 115 to 113. so a green candle here in my mind i would still be suspect that we haven't completed the move the measured move and i would still be anticipating a move down to 115. so we'll call that that's my buy [01:00:46] Larry: that's my buy spot that i've been waiting on since the ipo was 115. intc i'm just going to run through [01:00:53] Speaker 1: some charts and these guys are welcome to interrupt me and comment i said uh right here on this candle i said don't buy this leave it alone it's not done dropping i said the first support level is 60 and then i came out i said don't buy it leave it alone it's not done dropping and here we are hovering above the next psychological level of 50 and this shelf of support here so i i would tell you that i probably if you're wanting to buy some intc i'm gonna stick with nvidia so i'm looking at best in class and you say josh you're gonna miss out on a much bigger percentage gain on intc that's okay that's okay i'm just gonna have a portfolio filled with higher quality stocks i'm okay if this you know you know this is a massive drop it does look attractive 50 would be a area of support i'm gonna stick with nvidia you guys want to call out if you put in the chat any stocks you want me to do a quick uh review of we've got palantir uh palantir man uh we just have to congratulate michael burry and you know whenever i would quote michael burry or talk about michael burry people would give me a hard time you know and they would be like oh that guy that guy doesn't know what he's talking about um before the drop of today i already calculated that he roughly could have um a hundred million dollars a hundred million dollars in gains since his large shift position that he made a couple weeks ago and he said the the drop is coming sooner and so he he he leveraged up one of his short positions has been palantir and this thing has fallen hard um let's do some fib theory on this to understand where support is give me a minute we have a beautiful breakout so we're going to go from the bottom to this impulse move up here and uh we're at the 0.5 level so so what now the the an area of reversal okay on this chart would be 146 to 142 that's the golden pocket and so palantir could abs because it's broken these levels and specifically broke the 0.382 feb level and we've broken the 05 level then the next level now more than likely we'll get a green candle going up but the market can calm down and these stocks can continue to go down the safest area to invest in palantir is between 142 and 146 and when i say safe hopefully you guys know that you can lose all your money investing in wall street the safest area as far as fib theory goes is the golden pocket which it appears we're heading to now if tomorrow this goes green technically you know if it crosses back beneath 160 assume it's going to the golden pocket all right any other stocks i'll tell you a stock that looks extremely can i tell you a stock layer that looks extremely good go ahead amazon i told everybody that amazon would be a best in class performer for 2026 this was the i did a video right here this is when i loaded up at 227 and with all of the trouble that we're in um and it's funny we came all the way we came all the way down to my january buy price and we bounced thank goodness but in you know we literally literally this week we were at 273 so you know and on an ugly day like this and on an ugly week like this amazon is showing strength so this is what's referred to as an outlier so wall street's falling apart and smart money is running over to amazon so just keep that in mind it means that when the market returns it means that this is going to have a faster move up to the top i think amazon will be 300 i won't say by the end of this year but i will say if we don't have a major macro event i would think this would be 300 in the next six months uh this was my number one pick going into 2026 and like i said it's looking it's it's it's outperforming it's not it's i wish you could do a little bit more but on an ugly day i haven't lost any money on my [01:04:58] Ashley: amazon anything else ashley any stock you would like me to look at um let's see i know we had briefly talked about mu but we didn't actually chart it so would you take a look at mu yep mu i'm taking um [01:05:17] Speaker 1: i'm taking a position on as well and what we're going to do is we're going to do a fib retracement because we have what's right and we're looking at a very high time frame so this means that it's um you know a little bit more confidence in what we're saying uh so let's assume that we get a reversal and right here we can't and by the way i predicted that we would hit 7 11 just uh when it when it broke this 902 i told everybody and sure enough i i said after we broke this 902 i said breaking this 902 matters we will go down to 7 11. now today we actually hit 661 but the following week we got this fake out um um gravestone doji right but it was green at one point last week it was green it looked like recovery and i told everybody not so quick i said we broke the 902 with two weeks and sure enough we came all the way down to 7 11 today we've gone even further now i like mu and i am i'm alerting an mu trade in the stocks with josh discord tomorrow me and ashley are going to work this one out i'm going to pick her brain for the options but here's the thing 650 major support okay and again you know this one's got earnings ahead so this is sitting on support tonight all right 649 major buying opportunity now at bare minimum this should back test 758 at bare minimum back testing 758 um now does it mean that 649 you know could this break this in my opinion would only break if there was some sort of a black swan event like literally a russia has to attack one of the eu countries with drones tonight for this to break um i like mu here it's why i originally it's why we're doing this live right now so i could let some people know that it's a hard to take risk moment but this is a area that i want to be taking risk there is there is a um you know there if we did break this area i don't think it would happen tomorrow even if we wicked beneath it i believe that we're going to go green and we're going to have some inside candles here uh for a while and i think we're going to end up coming back to 758 and then we'll have to make a tough decision we'll have to analyze strength at that point i don't think this can go much lower without proving to us why um i think that uh earnings let me just do a quick analysis here earnings for mu are december 23rd so we've got a little bit of time ahead of us but this is significant support today this is an armageddon move and i'll just go over the percentage and i'm going to also look at the bollinger bands 43 percent down the last time we went down before we had a reversal 41 so this is a very consistent downturn and this is around the time the confluence here would be this support here and it would be the the measured move uh that we've gotten and we're looking for a retest to 758 and 825 those are our two retest zones i don't think we'll go higher unless we get above 825. let's wrap up the show on those tech i do want to do one more thing let's go look at the bollinger vans and i want to get um ashley's thoughts on investing in mu right now ashley you you and i made a ton of money you made a little bit more than me last time mu fell apart [01:08:44] Ashley: are you enticed to put some real money to work here um i absolutely love the mu trade i i had pretty scary huh well my situation was very scary it was a spread that i had gone into a phone call right you know at market close and it was fine but that's when the situation awareness unwind happened and i got a signed after hours you talk about a restless night i woke up to to a five million dollar margin call you never told me that ashley if you can i did a whole video on it it's all i'm sorry i'm sorry i missed that one a five million dollar margin call imagine that conversation with your spouse honey you got five million extra in our pockets me and so just luckily i know it is luck luckily all i was like 8 500 shares that i was assigned overnight and wow the next morning it bounced and i was able to exit for a 300 000 profit which was a beautiful swing of emotions you can imagine but i did a video on it as a cautionary tell never neglect your spreads even if you think they're fine because after our assignment can happen and then i could i called the broker and i'm like go ahead and exercise my purchased puts to protect me and they said i wouldn't do that because we're not sure you're going to take assignment and then you'd be short the shares and so it was a hot mess is the way we say it down in the south a hot mess but we got through it and so what i just wanted to share with everybody as we're wrapping up i know this is a jarring event and i know this makes you question everything with investing and trading and everything i wanted you to though take a step back if you've been in the market for any length of time you have these moments it's the price we pay for the great returns that we're so proud of and we brag about all the times it's these moments that pay for that and it's that gut punch but what i want you to consider doing is once you collect your thoughts and you know have dinner tonight have a glass of wine whatever it takes go look at your portfolio and sort your positions and if you're trying to we talked about a lot today we talked about a lot of different opportunities for you to take advantage of the upswing if you're looking for the funding to do that go make some tough decisions on your portfolio and say hey these are good opportunities with solid companies i always wanted exposure and see about starting to pivot and mature in your investing your trading life where you're going from more risky assets with a lot of volatility and you're trying to actually build generational wealth and just one day of green you're going to start feeling better but sometimes you've got to cut some of the ones that are making your portfolio bleed the most to enjoy [01:11:47] Speaker 1: that repair on the other side yeah that's an amazing story ashley and um i think that uh you know you made a nice chunk of change i think i made a little bit less than half of what you made it was one of my best trades and i remember on there forget in the discord i was telling people we're buying mu tonight and some guys like i am and it started dropping like 50 bucks and people like i am never following josh another trade alert and um i said well hey man just let's see where it's at tomorrow morning and of course it was a hundred dollars higher the following day um but to to ashley's point i'm going to quickly show you mu uh bollinger bands you know we are we are outside the bollinger band so we are looking at an extraordinary uh fearful sell-off moment which i believe is completely overrated the last time we got outside the bollinger bands mu moved from 7 40. this is the last time this is the trade time that ashley and i are talking to you about it was right here it was outside the bollinger bands after i bought at 7 39 and after markets it went down to 7 11 and it went from there all the way back to the top of the bollinger bands which was 1031. and here we are outside the bollinger bands tonight and this is where this whole conversation went uh the whole conversation went to you know me calling ashley and said hey it's time to redo that mu uh get some of that mu money and then uh larry and i i was like larry come on man join this join this show and let's encourage people um you know i would just say best in class it's okay if you take some some lower quality plays just keep those dollar amounts low uh i've given you my technicals i i like my own technicals nobody likes my technicals more than me [01:13:33] Larry: hey josh yes also tell the people that when the price action goes to the top of the bowling [01:13:39] Speaker 1: bollinger band what normally happens well normally you should be thinking about taking some profit right and if we if we go look at the and you know these are some of these are going to be long-term investments and people are not going to be swinging them but let me just show you something here [01:13:54] Larry: regarding hey hey when you do that josh i know we don't want to go too long put google in there [01:14:01] Speaker 1: okay so to larry's point this is what's referred to at we had a run up and then we had a distribution event okay so this was all distribution it was it was a time frame of unwind on mu now this is a markdown event okay and this is where they're going to rinse and repeat it and they're going to rinse and repeat it when it breaks everybody's uh stop losses and it runs into despair that's when smart money's going to take risk okay um here's another markup event here and then it was in distribution for a while before it went through a markdown so larry's you know we've been talking about the fact that we've been in distribution for a while now we're finally getting the markdown um final thoughts guys [01:14:48] Larry: that looks good i see oh you wanted to look at google yeah everyone's asking about google okay [01:14:54] Speaker 1: google i've got i've got an interesting take on google um and it's more or less interesting to me we'll see if you guys are interested in it so and when you finish i'll tell what's happening happening to google fundamentally yeah we have people will talk about this in the next six months that we have a massive head and shoulders pattern forming on google okay i believe that we are going to go here uh from this range we're going to get back up to three um three roughly 340 334 right and i don't know we could have another you know scare event that could bring us back down right this is what i'm going to refer to as a worst case scenario i don't believe this head and shoulders pattern will fulfill i believe that we will probably you know test it and then from there begin to make our way back up to 400 later in 2027 that's a worst case scenario right um now as far as the immediate term goes i've been buying this uh right here right really i started buying right right at 300 and i've been buying more here i bought more the other day at 280 um and i believe that it's very possible that we'll make a lower low off this pivot and we haven't done that yet okay the lower low target that i had was 265. if i'm wrong and we don't make a lower low what i want you guys to understand is that google never gave up its trend so if we don't make a lower low uh and the low here is 274.58 okay so if we never break beneath 274.58 and we begin to reverse then i can tell you unequivocally that gives me as a technical trader enormous confidence that we will make a higher high in 2027. and uh the last time i did this i told everybody that that this is the biggest pullback that google has ever suffered that is not part of a macro event and it takes google nine months for it to fully recover back to its all-time high and if you bought leaps in this window right here those would be worth 200 200 and leaps are expensive so it'd be a 200 profit and i think that they would probably run up to 200 percent somewhere halfway because of the because of implied volatility and gamma we would get that 200 sooner than we than hitting 400 but let's say they just took forever to crawl their way up there and there was never any big spikes of buying events then eventually when it hit 409 months those would be up 200 i know that i kind of rushed that section i'd be curious ashley's thoughts on it ashley what does that inspire you to my does that uh inspire you to [01:17:46] Ashley: to look to do anything with google i i absolutely love google um i have noticed when i talk positive about google my videos get a further reach on youtube i think it's looking looking for that so i'll talk positive about google i love google i love google i love youtube yay you know i did a video on google's [01:18:09] Speaker 1: earnings and uh you know my normal reach is between 40 to 50 000 views and that that video did it did 120 000 views man and climbing and i thought are they are they boosting this is because i'm talking positively about the parent company of youtube final thoughts larry i'm lying i'm josh and i were just [01:18:30] Larry: talking about that uh if you do make a video about google google is search right google google makes their money from search here's what's happening with it fundamentally right google makes their money from search and just think about it everybody used to say google it right google it google it google it well now we got chat gpt grok uh uh claude and these search engines have tapped into google's bread and butter which is searching right and so that's what's happening to google google will come back i like google it's a it's a solid company and uh i agree with your technicals i start buying too we're in the same range but things when things change you have to re-strike your lines i tell everybody so i'm pro google [01:19:23] Speaker 1: i'm just gonna hold out yeah last uh trade of the day and i you know we're going long but hopefully people are enjoying it uh tesla i did i covered tesla i think it was yesterday and i said guys i don't like this chart it doesn't look good if we lose 275 we're gonna flush hard a lot of people in my community uh respected that took that trade i want to show it to you guys on the chart and uh they you know a couple guys said here it saved my portfolio uh let me show that to you guys so i did a video yesterday and i said you know we're not we're in this this was the candle this was yesterday's candle i said we're at an important inflection point i said the momentum if we're going to be in an uptrend and momentum it we have to get above 400 this week i said if we lose this 375 expect a significant flush and that's what we got today uh we uh tesla lost 41 dollars uh over 11 on this move today and um you know it's going to be i'll have to think about this some more as to what my opinion is as far as moving forward but um uh excellent play any any final thoughts on tesla guys [01:20:35] Larry: yeah i uh i agree with you go ahead they're going after elon oh yeah he didn't he didn't have a good [01:20:42] Speaker 2: day he didn't have a good day right he's gonna have to move to the mars to avoid these politicians [01:20:48] Larry: yeah i did buy a little tesla today because of such a uh a big move i uh down i did buy a little tesla today uh but you know guys i was just gonna tell you look out for for tomorrow i think that the flush as josh says could continue tomorrow's friday it's just like when we get data on a wednesday so the fomc meeting cpi and all of that it always takes friday for things to flush out but midterms i i kind of noticed you just got to wait till monday to start seeing not saying that it's over but at [01:21:26] Speaker 1: least to start seeing the sun pierce through larry this guy george silver 87 said i got liquidated today lost it all um close us out with a little bit of encouragement um for somebody who's in that position [01:21:41] Larry: okay so george liquidated so was don't beat him up don't beat him up larry don't beat him up you know i guys you know i hate it when when people get liquidated because you know when you got times and situations like this only trade with the money that's yours guys just be careful out there guys don't don't don't be doing stuff on margins and all of that even these dips i'm just telling you it it the the saying is the market could remain irrational longer than you can remain sovereign meaning the market could make no sense and you start to short something and it could just keep going up right and you'll run out of money so be careful um listen all i'm gonna say to you guys i'm gonna i'm gonna be too i can't speak to that one person i'm gonna speak to everyone i i see this as 80 20. i see this as 20 it could get worse than it is now meaning the end of data centers okay and i see that as 20. better i see that as 80 and i see that as 80 it could get better so what does that tell larry anything i say is not a suggestion for you to buy hold the sale then i'm gonna buy in this deal that's what i'm saying because i see 80 chance that this could get better and over really a short period of time if you talk about months i don't think this is like the bear market of 2022 i just don't think that this is that because of what caused it i think that this is closer to liberation day and in closing every stock that you thought or wish you had after liberation day that v-shaped recovery every stock that you wish you had more of every etf and every blue chip company that you wish you had bought on that dip i want you to have some of those ready to buy if the flush continues or you can buy some of the ones that we're saying now so xx to my members we're adding that to the etf portfolio and we're gonna buy those right now so uh just keep all of that in perspective and don't let your emotions and then if you run out of money you have no money left close the portfolio and don't look at it [01:24:21] Speaker 1: yeah thank you larry for encouraging everybody and i just to i appreciate ashley sharing that story where she got assigned and had a situation you know that was with a dollar figure of five million dollars all three of us could sit here and tell you stories about accounts yeah i can tell you stories about accounts i blew up that i that i that i got liquidated in okay so it takes a lot of years experience to figure out how to be consistent and even to have moderate growth and to grow your wealth it's a big long journey and you can be successful for a long time and make one bad fatal mistake we've seen some stories like that um where i forget the guy's name the young man um he's got that complicated stanley uh what's his name anyways you know he was you know he was the talk of wall street uh it was the fastest growing portfolio of anybody oh yeah yeah leopold ashen brenner yes leopold ashen brenner yes and you know he went from i think his portfolio if i it was like i don't know 100 and i i forget the numbers but it it got chopped in in to down to a third and he was scrambling and making deals with people just to hold on to what he had and uh you know he he it was an incredible fall from grace and now he's rebuilding with you know with knowledge and rich friends he's not at the top he had a huge smackdown and if you've had a huge smackdown understand never leave wall street uh i'll quickly encourage you with this i had losses back in the day that to me seemed incredible losses like 20 000 a day and one day i i was so successful in my trading that in a month's time i made so much money that i sat there and thought about it it was it was a huge sum and i realized that i had made up in that one month through becoming a successful trader everything and anything i had ever lost in the history of of my educating myself on wall street and you can be in that same boat so you could be in a place where let's say you you blew up an account ten thousand dollar account you blew up a twenty thousand dollar account you you you kept trying to learn how to day trade and you you tried it again and you blew up a fifteen thousand dollar account now one i'm telling you to slow your roll okay invest in yourself get into a community and stop doing that but right don't be surprised if at some point you become so good at this that you have a one hundred thousand dollar week or a one hundred thousand dollar month and you say to yourself i just made back all the accounts i ever blew and every mistake i ever made you will never have that moment if you exit the game while you were talking josh bitcoin hit [01:27:14] Larry: seventy five thousand dollars [01:27:21] Speaker 1: i i'm gonna tell you that the the answer is yes you should be i think you should be buying bitcoin [01:27:27] Larry: i'm gonna tell you yes i'm buying any of my people that are listening i'm buying bitcoin at 75k yes i'm not waiting and going to try to guess the bottom but at 75 that's i like 75. okay let me just [01:27:44] Speaker 1: quickly shout out these two guests which greatly honor me by their presence their time is extremely valuable and i appreciate them sharing it with my community uh you have trading with ashley and i do encourage you to go to her page and subscribe and you've got stock up with larry jones many of you guys know him but if you have come to my page and never seen his face before that is mr stock up with larry jones he is a phenomenal i call him a momentum and forensic trader and i would tell you his area of specialty is typically figuring out what sector of stocks are moving and getting into them early and and seeing some gains that are just mind-blowing you know he got into all the quantum stocks uh before they blew up and made um hundreds and hundreds and hundreds of percentage points and so you know i keep him around i i pay close attention to what he's doing because i know that he'll have his his thumb on the pulse of what's coming next uh so thank you guys for joining me peace and blessings to you all thanks for watching this video and we'll see you soon peace