What you

got? I like the company and I like the leadership, but I think the valuation is off.

Number one, I'm going to start with Oracle.

Okay.

The credit default bond issue is a real one.

Do I think they'll protect it? Now, this is the only story that kind of reminds me of 2008 with the rating agencies kind of skewing things so it doesn't go under.

And I don't want the company to go under because it will lead to a collapse and a succession of events that will negatively affect America.

But when we're talking about expedited power and we're talking about nuclear power...

So those key clogs we said were inside of the AI story, we're going to report last week, and everything looked like it was all steam ahead, too.

When they have those days like that, when it's like eight days down in a row, 15 days down in a row, the market's down 15%, that's the time to buy.

Know your levels in advance, but even for the Black Monday market, thing that was being pushed this weekend, that was a buy sign to me.

Because anytime a big collapse happens, they're not announcing it beforehand.

You're going to see all the billionaires and hedge fund managers get quiet like they did in COVID.

Don't panic.

Hold for the long term.

Okay, what's the trading tip of the week?

I looked at this company years ago, and I was like, why the hell is it this good? Why is it this

much? Yeah.

I think they caught a great tailwind.

I'm a little bit biased towards this one, but I'm going with Seagate.

But Monolithic is a powerhouse, no pun intended, over the last couple years.

Ridiculous.

But going for safety, like my first thought is how much can a company draw down, not how much upside can you have.

Seagate.

It's never been

this front-facing.

Got it.

And they've never... had the ability like the the the ceo of us steel wasn't telling the president what to do when you see and based on what they told us in history yes meta when you see zuckerberg there when you see tim cook when he was there when jensen is there they're kind of steering public policy and even with the anthropic fund if you are if you have a machine that can replicate all intelligence why do you need to give shares to the public Well, the company may not be doing as well.

OpenAI, you may not be doing as well as you purport.

So if I have a little bit of presidential backing, it'll help allow my shares to be okay.

OpenAI at one point said that they wanted to stay private.

My

Mm-hmm

... have equity stake in.

So it's like, uh, okay, at a certain point in time, the music business, what the model was is from, in a rap standpoint, is that the rapper gets hot, then the rapper gets a label, then the rapper does features on other artists then makes them hot.

So that's what Lil Wayne did for Drake and Nicki Minaj.

That's what Jay-Z did for Freeway and Beanie Sigel and Memphis Bleek, even Kanye to a degree.

We were part of that.

Yeah, and it goes back to your point about Peter Thiel saying competition is for losers.

The real strategy is, like you said, to build that ecosystem where you can direct...

I'm going

to say this.

Even if the strike don't happen, This stock is a rockstar stock.

And we opened up this year at 295.

It's currently at 939.

So these situations have happened before with a lot of tech companies that have had like exuberant gains.

This happened with Microsoft.

Okay, cool."

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Peace.

... and, and then I'm gonna be like, [laughs] "Okay, cool."

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Peace.

That, to me, is ill-advised.

Especially if you don't have incredible acumen.

Like, we can even talk about this one.

Like, the DeFi serve call.

He's like, hey, I got in in the stock $169,000.

You think my January calls are cooked? I'm like, the company's cooked.

Like, to your point, if he would have did Google, Microsoft, Micron, and spread the risk out, he wouldn't have had as much.

Did you see that? On the worst instance of

What would you do?

Same as you.

I can only talk from personal experience.

First, you have to build a business because the higher returns that you're going to get, um that are going to outpace the market for sure it's about starting your own business after that you got to take you got to pick a number 50 60 put it into long term so that takes care of your future number so important caveat is that too and i know people hate when i say this you have to stay your ass inside doors cost a lot of money to be outside people don't want to do it and i get it because you are thinking about now But I look back at all those seasons that I missed of going to games.

Oh, I get to have a ball and do with it how I want to now.

And then third, you got to hit that futures market.

You got to pick a target that if your life is on the line, this is the target that I'm going to use to be able to hit.

No, I'm Jackson.

Okay, let's talk about Meta.

And really quick for the person who said, what happened to the crash in 2027? I said two weeks ago, it's not going to be a typical crash.

It's going to be economic crash as expressed in the McDonald's Under Armour Lowe's Home Depot chart.

It's going to be the crash of the have and have nots.

They're going to make sure that the money flows to the haves, which is the stock market, public equities.

And then if you're not invested, you're going to be penalized and punished.

I appreciate you.

Here comes Muse.

The

stock market, and this is a story I actually saw people making their own content off of it.

And it's become a thing because everybody, you know, Jermaine Dupri commented on it.

Shout out to J.D., man.

Just a solid, solid person.

Stay down.

But Nike is being dropped from the S&P 100 after falling 80% from its peak.

What does it mean it's

okay

um that to me was actually first yeah if i had if i had ten thousand dollars and i said like you gotta put money in the stock market on a stock that's not ai it would probably it would be first that would be my first choice

okay

that'd be the first thing i would do and then eli lily would be the second thing that i would do yeah And then like you said, JP Morgan, you can't go wrong against that.

And then, yeah, I mean, you got to start, you got energy.

You got to go energy sector.

Sometimes in life, there is no coming back.

There's no coming back.

not coming back and controversial take but in terms of reward ratio and back to opportunity cost you should not be putting more into a mortgage for a property that you don't fully own that you do into the market when people give pushback on it i'm i'm a prime example of it regardless of whatever wealth i stayed in a two bedroom condo six seven years I know people that have seven and $8,000 mortgages and we'll put $300 into the market.

And they always tell me, damn, I should have did it your way.

It does not make sense to be house rich and pocket poor.

Makes no sense at all.

It looks glamorous, but when I get to moving around and you see me, Troy and Rashad, we just look stressed, free and all that.

they

Let's talk about trading mistakes, the biggest trading mistakes, and also how to trade successfully in a tough market.

I love this question.

A person asked me, hey, if I'm running to a rough patch, over the last quarter, what advice would you give me for trading the markets now? And my thing is if you're having, my three things that I always go to is what is a target that you're using? Are you trading the same assets over and over again? And are you recording your trades and replaying them? And I know people get tired of me saying that, but 90% of people who trade don't record their trades.

So if you're hooping and you say, well, I think I was in triple threat properly, but you had nine turnovers and the ball was stolen from you four times, you won't be able to see it because the emotion is so high.

But the big thing that I'm seeing for a lot of people who don't trade futures, you're jumping around trading different assets and you don't know the personality of them to be able to trade them well.

Like I can use the same target for NASDAQ, Dow, UB.

many red wheat and crude oil.

What about trading in tough markets? How do you survive that?

Keep, no keep going, keep going, keep going.

Yeah, b- and also on the trading side, how many times should you average down? Once.

It's called Martingaling, which was a gambler, and by the term gambler and Martingale you can go look how that went for him and Jesse Livermore.

So dollar cost averaging is different than investing, but for those who are thinking of not paying themselves first, if you don't, who will? The country is on the brink of financial collapse, and they're doing everything that they can.

If you go outside and ask anybody who's outside, things are tighter than ever, and my fear is even we're gonna sit in the thick of a recession, and they're never going to announce it because they don't want pure and utter chaos to hit Main Street, Wall Street, and private equity.

There's a lot of bubbles that are being hidden by not saying that we are in a recession.

So pay yourself first, and if you're taking the money out to go to Turks or-'

Um-

been

mine.

You should put away.

Cause the desire for the, and like, once again, it's been brought up.

Yeah.

Hey, you don't spend that much.

It takes a lot of discipline to be like, to be a grown man and everything that you wanted to buy as a kid, you can buy.

c-doll is crazy bro bro

I got mine for sure.

I think it's smart to increase the prices.

It's too valuable.

And now for the first time in a long time, the memory sector is in pole position to make the decision, so much so, as we alluded to, Apple doesn't even get to dictate price anymore.

The memory company that used to be the supplier was looked at as the little brother, and now we take pole position because you didn't invest your free cash flow or operation cash flow to buy, like...

Not to beat up on Apple because I love everyone at HQ.

But look at what they could have potentially bought OpenAI, Anthropic, Micron, SanDisk because it was spun off.

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I don't think anybody is talking about how low the VIX got.

Um, and not only my levels that I'm always looking at is between the number 11 and 15.

Whenever we get to those levels, like historically, if we just go back, let's say three or four years, the last time we got to 15.25, a few months later, we shot up to 27.

In 2025, we touched 16, and then a few months later, we got to 30.

Um, a couple days ago, we got to 15.

We're currently at 17.

Yeah.

[laughs]

... it's work that just looks good but doesn't actually accomplish anything, right? And so people working so much, they're so exhausted, and they're getting nothing done for the company because they're consumed with red tape and bureaucracy.

And so what I've found is by shortening the workweek, and say, "No, you don't have five days to get everything done.

You've got four days to get everything done.

You can't schedule meetings Friday through Sunday.

You need to expect people are gonna be off." And these four days, you're gonna be present, focused.

Um, this I took from Twitter.

Hmm

It's levels, yeah.

The next flip is 108.

You're out, you're out of here at that point in time, right? But you might not ever get to...

So really, you gotta get to eight, but you might not never, you might not ever get to eight if you buy that big home, if you go on 30 vacations.

Okay.

And, um, I can actually find something productive for you to do, whether that's cleaning the house, whether that's, you know, whatever it is, right? I'm sure there's something that you can do that's benefiting as opposed to me just giving you money.

But To answer your question, I would say, you know, 10 is max for me for the year, though, and that's just emergency.

Like, I don't wanna have to go to that level, but I ain't giving out more than 10,000.

Yeah.

Same type, same type deal.

Um, same rules apply, but, uh, that is for the nonprofit world, but it still allows you to actually put money in.

And then with the 401k plans, and the 403b sometimes as well, they give you a Roth option.

We'll talk about that later.

But 457 plan is for government employees.

So they're all in the force.

Yeah.

... or is there still like a bear case about Nvidia?

No, no, no, no, no.

Absolutely, because even at that level, the...

And I talked about it on stage, like the put-call ratio of a stock matters how much they're invested in what percentage into a fund.

But when you see...

This is kind of like a post-IPO to a certain degree, like when we went on Wall Street, you see all the banks collaborating.

When the big boys get together and they're putting in 50 billion at a time for a project, they're gonna ensure that it works.

Go ahead.

Save money, check Lyft.

Um, I'm gonna be, be very honest.

I had a, a bunch of amazing conversations, uh, amazing dinner with the Red Panda millionaires last night.

Um, you won't make hundreds of thousands of dollars or millions of dollars by overtrading, and anybody who's taking more than five trades a week, you're going to be broke.

I had a, a chance to talk to a lot of traders.

Uh, Troy, I had a chance to talk to Kev b- before y'all took off.

[laughs] The thing that I'm seeing from a lot of people in Red Panda, there's one correlation that I see from everyone who is making 100,000 in a month or a quarter from trading, and some of them have made millions as a result.

But let's break down this AI chip outlook situation for all the Micron and Sandisk holders out there.

Yeah, I think it's very important, um, to look at the market in its totality, right? If you look at it from the beginning of this year to now, this, this story is very clear.

Like, the demand hasn't changed, and how do we know? Well, we started the month when we looked at TSM and their reporting, and we said that that was gonna be important, right? We need to see if from the manufacturing packaging side, has this story slowed down? Has momentum slowed down? And unequivocally, it, it was no.

It hasn't slowed down from the manufacturing packaging side.

ASML would be in that category.

I know they reported back to back.

All right.

Yeah, what is the outlo- and Nvidia?

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I mean...