All right, good morning everybody. Going to go ahead and bring up some of the speakers that we have scheduled for this first time slot. So if you are scheduled for 11 a.m. Eastern, now it's a good time to go ahead and hit that request button to come on
up. I see a couple others in the crowd that are here for this time period. Thank you for spare of freeing up on stage. Professor Keith, I see you working to get you up on stage. Kevin Green, dropping you an invite.
Let's see, I think we have a few others that are probably already in here that are going to be joining us up on stage this morning. So, just going to wait till we have a couple more up here if you are on Twitter spaces. You do have to be on a cell phone and you do have to hit the "Request to Speak" button. That's pretty much it. Once you are on the cell phone and you hit the "Request to#
you should be pretty good to come up here on stage. So thanks to those that are already doing that with me and I've got about four or five of you up here and we'll be ready to go in just a minute or two to give a little bit of background as well. Here we go. Perfect. Now I think we've got most of the panel actually up here at the
So we're looking pretty good. Okay, so to give a little bit of background to what we're going to be doing here, I want to welcome on in the speakers first off. Thank you so much for taking time out of your Sunday. That is great to have you on here with us. The one thing that I just want to elaborate is we don't want to take too much time of anyone
I don't want to put people in boxes on what they can speak about and things along those lines. So feel free to go down kind of the direction that you think fits best for you with the conversation and that's how we're going to go about it. So we're going to go ahead and we're going to start off with some brief introductions, keep it like 30 seconds and then once we get into
the actual speaking. The way that I'll know that you want to speak if you're on the panel is by using the raised hand system. So I pretty strictly go off the system so you'll want to make sure you're familiar with it. Basically, if you look at the bottom of your screen, there's a little heart symbol and you click that, there's a raised hand symbol and it looks like that and that allows you to go and raise your hands and to#
it into the mix, that's pretty much everything. So with that being said, I'm going to start making my way around getting some introductions from the panel. Excited to hear from you all. Let's get to it. Bill Noble, you want to start us off with an introduction? Hi, I'm Bill Noble. You know, I go back.
career in legacy markets probably before everybody was born. I've been in crypto for four years. My day job is with a group trying to get commodities on the blockchain called Emerging Asset Group and I do a daily YouTube show.
All right, thank you Bill appreciate you being on here sharing with us today All right, thanks for having me absolutely George you want to use yourself?
Yeah, hi, I'm I'm on Prosper AI, but I'm George Kaelas. I've been investing for about 20 years. I started as a as a value investor actually working for Bruce Bruce Greenwald at Columbia and then worked on the buy side for a while. I spent some time in mortgaging
then I went into AI as a service for eight years building up predictive pipelines for institutions. Now I run a company called Prospero AI as you can see and we give away free stock signals and a process to leverage them to help retail investors catch up to institutions.
Love it. Thank you George being home with us Okay, we're gonna keep it rolling here Ian Cully would you introduce yourself? Hi, my name is Ian Cully. I am the head of fixed income commies and currencies at all star charts I write a daily note ranging from precious information
metals, other commodities, currencies, bonds, even stocks. Also, I'm going to show on stock market media what the thick where we cover all the fixed income commodity currency markets and occasionally jump in and
hang out with the guys on the morning show. So if you get a chance, check it out over at Stock Market Media on YouTube. Perfect. Thank you. And Kevin would love to hear from yourself. So I'm having a group of people also probably gay.
I actually managed to do it as team red for. I'm coming for it. I was just expressing.
14 years at this point. So you invited me up. Yeah, absolutely. Kevin, your sound quality is a little bit rough. You might want to try switching a Wi-Fi or moving to an area of the
a little bit better service. It just gives us a little bit of that whacking sound as you're speaking. I got the main gist of it though. Okay, let's go over to Keast.
Hey, how you guys doing? Thank you for having me. I'm Keith, Professor Keith Carolina. Keith, what everyone will call me. I've been doing this TA thing for quite a while. I've failed back in the day a lot. I learned the hard way.
I do everything from my main thing is crypto because there's just more money in it and it's a little safer for me. But we chart anything from crypto to stocks bonds, commodities, equities, forex pairs,
precious metals, doesn't matter what it is, we chart it not only that, but we teach it. We have a discord debt rerun called 786 Assessence, and we have a YouTube channel that we do at least once a week, sometimes twice or three times a week. That's TGAY with Keith Lake.
Okay, thank you Keith. All right, Jay, the trader.
Good morning everyone, happy Sunday. My name is Jay the trader. I've been training for about six years now. I specialize in derivative trading, sell the S&P futures and key futures. I also am known for trading spa as well.
Well, thank you for having me up today. This is my first time speaking on a panel like this. So I'm stoked to hear everybody's outlook. Perfect. Thank you, Jay. All right. We just got a couple more here. Let's go over to TA trades.
Hey, good morning everybody. My name is Trent's the owner of TA Trades. I have been in the stock market for about 10 years, helping others navigate the stock market for about four years to take the
analysis, VATH trades, also the author of the analytical edge newsletter. And yeah, that is me. Perfect. Casey.
Good morning, good morning. I appreciate you guys having me here. My name is Casey. I've been trading for about three and a half years now. First started with crypto and then switched over to options. I felt like that was the better fit for me, mainly focusing on spy. And then I'm starting a discord about a
year ago. I do trade and run my discord kind of part time because I still do work a full-time job and that's about it for me. Perfect thank you KC. Matt Royce. Yeah hi well I'm Matt I'm from Austria I work full-time still in IT and
I have my own consulting company, moving companies to the cloud. But in terms of investing, I'm more of a deep value guy, often playing Vienn ver versions. And yeah, that's about it. All right, interesting stuff, Matt. And we got one more, which is the meat tree if you want to give just a brief intro. Yeah, hi, my name is
Demetri Zabellon, I run a boutique geopolitical consulting firm called Pantheon Insights. Before this, I did a little work on data policy at the World Economic Forum. Before that, I really made my name more at Daily FX, Rosa Capital Markets, analyst with the subspecialty focusing on how to optimize trading around geopolitical risks.
All right, perfect. Thank you all. Okay, so we have our first 10 speakers up here on stage. Reminder we're going to run this panel for about 35 minutes. And then there's another set of speakers come up just so it doesn't take too much time. And then again, if you do want to speak and I recommend if you haven't already tried this out, just make sure that your hand thing is working.
You've got the heart with the plus that is at the bottom of your screen you tap this little hand it goes up that's how you want to speak and that's how I want to go to you To start us off I'll just call on somebody but that if people want to get their hands up in the queue that's perfect today We're talking obviously a little bit about tech stocks. They have had a massive run. I think it's a perfect time for this conversation#
That's tech right now, just a couple of quick stats to go over. It is certainly leading the way for the market. The markets are being basically held up by it. Right now, Nvidia is leading the charge just up 169.1%. Facebook is up 126.5%. AMD 82% Tesla 73.7%. And then actually more VAL, Palo Alto,
C-Gren, Ricciot Leigh Bray, Amazon, Lamb Research at Broadcom, Round Out, the rest of the top 10. With that being said, there's a big question to be had now, right? Or are we at the point of the pivot? Are we at the point where it's going to fall back? How are people approaching this? So with that being said, I want to turn it over maybe Ian, you'd like to#
here first with sharing some of your thoughts on this recent certain tech stocks, particularly obviously the AI sector. And if this is a sustainable trend, if there's more room in it, is this above-a-waiting to burst and how you're approaching it? I think a number of the subgroups, a number of the industry ETFs are
just breaking out of a bearish to bullish reversals. If you look at FDN, the internet, FUN ETF is just taking out its August pivot highs, software, IGV, recently broke the 52 week highs. Now if you look at other areas,
Like Simmy's, you know, talk about the video of, you know, incredible numbers. Socks, ETF, SOXX is definitely started to run. So when I look at the tech space, if not already long, those areas, Simmy's have already kind of run
So I'm looking for opportunities in Internet like FDN, software, IGV, and looking further down to the more tertiary, secondary names for signs of risk-seeking, risk appetite like R.
I want to see RETF take out its obvious pivot highs. I want to see it confirm and complete a bearish to bullish reversal to speak to just a growing risk appetite and just confirm the breakouts that we've seen in other areas of the tech space.
Alright awesome. Thank you for starting us off there Ian. I'm still looking around for hands. I encourage everybody to put them up in the meantime KC I'm going to bring the conversation over to you. You can speak to what I just talked about
to there, but also maybe talk a little bit about if you believe you know this concentration of market gains in these few tech companies is a cause for concern and more just like a natural outcome from the dominance of AI.
Yeah, AI appreciated it. So AI, obviously, is a big thing right now. And it seems to be everybody's like when a company mentions AI, it's like, oh, it's gotta be going up because that's just the trend and news of things right now. But
And reference to tech right now, like the top right now with buyer cell. Tech is absolutely leading the market. I have been long on tech since about March. A long time ago, looking at QQQ on the daily chart, you can see a clear
first head and shoulders. If you look at Apple on the daily chart right now it's in a bull flag. It just broke above the bull flag. It needs to go break it's all time high. It's very close to doing so. So tech is absolutely leading the market right now and I personally I am
long tech right now even after this huge bull run it leading the market I'm absolutely long in tech but with that being said looking at QQQ on the daily chart most of these other big tech names after this huge run that they had I would say
that we're possibly do for a healthy pullback overall in the tech sector of the market before it gets that next move up. So, absolutely tech is breaking out here from the bearish to bullish markets. So now we're kind of
in a bull market here, but like I said, I think we're due for a healthy pullback. I'm personally not in any positions right now. In tech, I'm a day trader. I don't swing long positions at all, but I do look at the overall bigger picture starting on a weekly and daily chart than coming
down to the five minute charts. But yeah, looking at everything right now, tech is leading the market. AI is absolutely a huge push for tech right now as well. Anything that's mentioning AI, like I said, is kind of driving these stocks to the
It still has a move closer up to, uh, believe like, 290-ish to fill a gap to the upside. So if they still do have room to the upside, um, so I'm just waiting for all of that to, uh, kind of set up.
perfect. Thank you KC. Also, I see some hands up to me. Trey, go for it. Yeah, so I also agree that there may be a short correction coming up. I mean, the NASDAQ composite is up, I think, what, like 24 or 25% for the year. It does seem to be getting a little bit of profit. It seems
to be getting a little bit frothy, obviously, you do have the AI craze that's buttressing this kind of optimism, which seems to be the driving force behind all of these crazy gains. I don't need to get into Nvidia, I think we've all been seeing the headlines about that. But I do think that, you know, with the Fed potentially pausing
It's June hike that will also buttress stock. So it's a buttress tech. So with me I do like more long-form, long-term trading, like you know, six to 12 months. I do think you may see a little bit of a bearish correction, especially the so-called June swoon. You know, people I may want to proverbly, you know,
Check out and cash in especially on all the games that they've experienced recently. So I think in that regard you may see a little bit of a short-term correction, but longer term I am. We might call cautiously bullish on tech for the reason that even if let's say we do get harder than expected landing in the latter half of $20.
2023, which is what economists are expecting, these are the recession. We saw how in 2020 how tech stocks and tech sector in general outperformed the broader economy, even while it was cratering. So I think in that regard, even if we do see some jobs data being revised as we're seeing now, I do
think that in the long term, in my view, I'm more bullish on the tech sector. OK, so slight pullback looking for more bullish overall. Thank you to Metri. Evan, I see you're up here. If you want to grab that co-host spot, that'll allow me to bring Bill back up with that extra slot. In the meantime, let's go over to Matt.
Yeah, I'm actually the opposite camp. I'm pretty bearish tech and the reason is that other than price action, the fundamentals are not really there. We are now at 5% Fed Fund, more than 5% Fed Fund rate and that means that each incremental, it will
reduce the return on equity of all the tax stocks, because financing will just get more expensive. And even a debt pause will, unless they cut heavily, which I don't think they'll do, because it will signal basically that there is some distress in the market and then in the economy. It will get much more difficult for those companies
to grow further. For example, if you look at Apple, well, from 2015 to 2019, the average life cycle of the phone went from two years to four years in the US and in Europe. And it went back to two years again in 2020 and 2021.
That is because of course of the stimulus and of course people having a lot of savings which is now currently drained but it's still quite high. So we still have some way to go. So I'm actually more in the opposite camp. I would say that tech has a lot to go probably in the next six months and then I see a lot of
of stackflation basically, a lot of sideways movement probably for three to four years because so much demand was pulled forward during the COVID pandemic that I don't think the valuation that these companies are currently at justifies the price and the growth I think will disappoint.
And those things are at 30 PE, most of them, and 36 PE, of course, Nvidia is 36% sales that is completely lunacy because it's still a hardware company at the end of the day. But I think that a lot of those tech flows will stop as the growth disappoints basically.
that will go a long way and it will probably be like Coke in 1998 where you have great businesses like Coke in 1998 and now Apple and of course Facebook, all these companies are great but they will probably have disappointing long-term results in my opinion.
Thank you, Matt. Appreciate those comments there. Bill, go for it. Hi, thank you. Okay, with tech, undoubtedly there's people saying that themselves a dollar in stocks is better than a dollar in the bank. Stocks go down 10.