To download podcast, right mouse click here (duration 18:09)
-A few are just much better off than others
-Slavery never went away, it’s just gone mainstream
-How is the cost of living in the United States versus elsewhere?
-The petrodollar explained
– #winning
-How will it all end?
-My advice to my readers
so…Anybody any idea in what you can invest these days ? everybody is making a lot of money…and im to late to the party…
DRAM – last year I was in some of the semi plays and it seemed late to the party and here we are 5months and 7x later… and honestly alot of the multiples are still low – I think this will still double from here. I was down 2k yesterday and up now 5k so they like to shake people out but once the IRAN thing is truly settled – I think everything is going to run up even more. As they say the regular people are struggling and running out of money at the end of month but the elite and the markets seem like they can only keep running up – they keep playing music as the titanic sinks.
The problem is…That i don’t believe the Iran problem wil be settled…i think they will have a cease fire when the world cup is going to start. But i expect that all hell will break lose after it…
Bitdeer Technologies Group ?
That is a very small crypto miner trying to rebrand as an ai power play dc – I think there are better choices in that space – it is very speculative imo.
IREN seems to be a better choice
or maybe get exposure to a few in a fund like bitq. I previously held iren and a bunch others last year and made some money but not sure about entry in iren here. There is a youtube channel McNallie Money and all they talk about are those types of crypto turned ai companies.
Very good employment data.
Nonfarm Payrolls (Apr)
Act: 115K Cons: 65K Prev: 185K
Unemployment Rate (Apr)
Act: 4.3% Cons: 4.3% Prev: 4.3%
Private Nonfarm Payrolls (Apr)
Act: 123K Cons: 75K Prev: 190K
U6 Unemployment Rate (Apr)
Act: 8.2% Cons: 8.1% Prev: 8.0%
Average Hourly Earnings (MoM) (Apr)
Act: 0.2% Cons: 0.3% Prev: 0.2%
Average Hourly Earnings (YoY) (YoY) (Apr)
Act: 3.6% Cons: 3.8% Prev: 3.4%
Average Weekly Hours (Apr)
Act: 34.3 Cons: 34.2 Prev: 34.2
Government Payrolls (Apr)
Act: -8.0K Prev: -5.0K
Manufacturing Payrolls (Apr)
Act: -2K Cons: 5K Prev: 15K
Participation Rate (Apr)
Act: 61.8% Cons: 61.9% Prev: 61.9%
I got an email yesterday from a long time reader.
Hey Thomas!
Just wanted to say thank you for the podcast. While I don’t contribute much in the comments on your site or anything, just wanted you to know that I visit often, and HIGHLY value your thoughts, and agree with you on pretty much everything. I took your advice years ago and now have 3 income producing properties, 2 of which have no mortgage. I keep watching the financial markets and simply cant my believe my own eyes most days 😂
Thanks again for sharing your wisdom to those who listen!
I like your podcasts, it’s good to hear your words.
I turn 57 today on 5/7 and am probably in better physical shape than I was 20 years ago. MSM has been a game changer for me over the past couple years. Our assets are keeping us in the game with rentals steady and no complaints with the food business – I still must work at it every day to keep the cash flowing but we have been raising prices and locking in some advance purchases in anticipation of price increases. As you say repeatedly, no crashes so we plan accordingly.
I have been taking down more trees and splitting firewood with an axe every day for the past month or so. This is a very solitary and contemplative activity that I do when I need peace. Absolutely nobody talks at me or bothers me while I am swinging. I have enough wood to burn until May 7, 2029.
Good morning data.
#winning
Initial Jobless Claims
Act: 200K Cons: 205K Prev: 190K
Continuing Jobless Claims
Act: 1,766K Cons: 1,800K Prev: 1,776K
Jobless Claims 4-Week Avg.
Act: 203.25K Cons: Prev: 207.75K
Nonfarm Productivity (QoQ) (Q1)
Act: 0.8% Cons: 0.7% Prev: 1.6%
Unit Labor Costs (QoQ) (Q1)
Act: 2.3% Cons: 2.6% Prev: 4.6%
A 10 year UST is yielding in the low fours and inflation is about 3% on the official data. That’s some cheap money….
February’s data is included here. Both months look better than expected. Should be an addition to GDP estimates.
Construction Spending (MoM) (Feb)
Act: -0.2% Prev: -1.9%
Construction Spending (MoM) (Mar)
Act: 0.6% Cons: 0.3% Prev: -1.9%
$FABC this is a stock that is receiving a ton of chatter. Take a look into it. I think this could go absolutely bonkers.
James Altucher on X is really pumping this thing.
Yes yes… I own a boatload.
Up up and away.
Just making hay while the sun shines.
are you just dt this or looking long term? some of those 40x – 100x claims I always find I am skeptical especially due to my history of always making bad stock investment choices
I am trading around a core position. Right now I just sold a big chunk and only hold a little more than 1,000 shares right now after dumping a bunch of 4.60. it’s hot and it’s being pumped by the big names. I saw a huge wave of bids this morning pre-market. It was as high as 100,000 shares on the bid. Somebody big is getting in. I’m taking profits when they accrue. Always remember to scale out of position as the price rises. Never scale in, regardless of the news and hype.
When the price drops, I’ll buy my position back. I really like this story here. Moreover $KOPN is a Zacks #1. $FABC are both jointly working together.
I just bought back at $4.15 the shares I sold at $4.60.
Volume is tapering off around here. I want to see the next direction.
I made some money earlier on the run up when you said something – not sure if lightning will strike twice seems like a lot of “ai” oriented trade tickers are moving down now compared to the am.
I’m glad you made some money off it. When it comes to the trading stocks, I try to post anything in real time. I still think it’s an excellent prospect and I still own the shares. My cost basis is lower so I kind of feel I’m playing with the house money.
A stopped clock is right once or twice a day, depending on whether it’s digital or analog.
Warren Buffett dumped at least half of his Apple stake at less than $200 a share. It’s now trading at $290. He’s earning about 3.5% on his money. You and I both know M2 money stock measures are increasing at a much faster rate. Buffett’s actually losing money on his money.
Will he be right? Perhaps eventually, but I doubt he’ll be alive to see it.
Feels like me with SNDK had a great entry in December and didn’t hold conviction and could have made a boatload. I for some reason struggle with conviction holds over the long term and it consistently makes me miss out on huge runs I’m like a contra indicator too like Gartman or Cramer but have yet to figure out how to profit off my self from a contra position perspective. I guess that’s really where real estate shines since it forces you to stay in a position longer since you can’t jump in and out like stocks
Yes. Owning rental properties forces you in for the long term. Can’t wake up in the morning and sell. That’s right. That’s what makes it so appealing for long-term investors.
For some of the old timers out there, I had a trading mentor and his name was Al Martin. Used to have a website Almartinraw.com. He used to frequently appear on Republic broadcasting shows back in the aughts and early teens. He passed on in 2017, but he frequented the alternative media and he often mocked it, because when it came to economics and financial choices, the advice was the worst.
He had a trading service and we used to trade 24 hours a day in the futures markets. I gave it up around 50 years old.
Anyway, Al would tell me that before I placed a futures trade to turn the charts upside down. What he was trying to tell me was to do the opposite of whatever my instinct said. I guess we are to turn the charts upside down 😀😀😀
I might not be doing it right every chart I look at upside down looks like a strong buy lol
The majority are definitely struggling. Case in point….
Whirlpool CFO says appliance demand hasn’t been this low since ‘the great financial crisis’
https://finance.yahoo.com/markets/stocks/article/whirlpool-cfo-says-appliance-demand-hasnt-been-this-low-since-the-great-financial-crisis-221144250.html
My whirlpool fridge was broken after 5 years…Don’t buy whirlpool shit
Thanks for doing the podcast. I appreciate your help. Most of the people I speak with are completely demoralized, even the Christians. I don’t know how they will make it with what’s coming.
Trump is following the great reset …It’s so clear…They are destroying the world economy.
And here in europe…We will have WW3 really soon
Mass formation is already happening here in the EU against Russia. the propaganda is insane. There will be war !!!!!!! No doubt in my mind
most people don’t even have a clue about what is going on in this world… They don’t care. and there are no christians anymore in western europe
If Jesus were alive today in the United States, Trump’s DOJ would look to lock him up. He is hated by all authorities here in America and the Jesus taught in the churches today bears little resemblance to the real Jesus. Jesus would be considered a right-wing radical that would need to be killed. The United States is a whorehouse.
The NAACP would sue Jesus and look to throw them into prison, because he orders his disciples to only preach to the lost sheep of the House of Israel.
The ADL and SPLC would look to crucify Jesus, because he would expose who the Jews really were and how they had nothing to do with the actual Israelites. He would show how these edomites took control of the central banks and were direct descendants of the money changers he railed against.
Jesus Christ – America’s most wanted (and hated)
https://youtu.be/SKDZVkvBo_E?si=2BMBTL9uU7lbIycr
Yes the USA is the Babylonian whore. All our politicians in office both democrats and republicans and Trump are whores. Just look at how Trump is handling the Iran war charade. These guys all worship the golden calf.
Trump is playing his role…
Why do so many rabbis call Trump “Messiah”
https://youtu.be/rmDPAsCS9kE?si=3WEWUJG3sXNYJGWr
The Trump-King David Connection And How It Connects With Abraham’s Covenant
https://israel365news.com/323848/the-trump-king-david-connection-and-how-it-connects-with-abrahams-covenant/
you can see it…if you want…
Ted Turner died. He contracted Lewy body dementia in 2018. Most likely from a tick bite.
I guess it doesn’t matter how dedicated someone is to engineering the new world order. A bioweapon is a bioweapon.
There is a doco where some guys tracked down the scientist that created Lyme disease. What they did was pack some ticks by injecting them with as many different bacteria and viruses as they could, and released them to see how they would spread.
He was very sorry it got out of hand and regretted it.
The bacteria swapped plasmids inside the ticks and turned into something else. I don’t know why scientists keep fiddling like this. The bigger the expert, the safer they will say their experiments are. Then it backfires and they slink away into the shadows.
Covid is similar I suppose, but some of them at the top must have known what they were doing.