Stock Market Reaction - Liberation Day Tariffs + Live Scripting

Summary

In a marathon live stream, Humphrey Yang tackled the topic of recent Liberation Day tariffs and their impact on the stock market. With no clear objective for the stream, Yang navigated through various market analyses, discussed the unpredictability of economic policies, and shared insights on potential investment strategies amidst a volatile market environment. Despite technical hiccups and the unpredictability of stream content, Yang managed to engage a global audience in discussions about investing, national tariffs, and even personal anecdotes about live streaming and content creation.

Highlights

• Humphrey Yang had his first YouTube live stream and explored various aspects of the recent tariffs and their impact on the markets 🎥.
• The market saw a significant downturn, with major tech stocks like Apple and Nvidia taking big hits 📉.
• Yang humorously highlighted the inclusion of tiny countries like Nauru in the tariff list, pointing out the seemingly arbitrary nature of the policy decisions 🌍.
• Humphrey advised on potential investment strategies such as dollar-cost averaging and not tapping into emergency funds unless absolutely necessary 💡.
• Despite the serious topics, the live stream was peppered with humor and personal anecdotes, keeping the tone engaging 😄.

Key Takeaways

• Liberation Day tariffs are shaking up the stock market with significant drops, creating potential buying opportunities for investors 📉.
• Vietnam and other countries have been hit with high tariffs, with the formula for these tariffs being surprisingly simplistic and perhaps politically motivated 🤔.
• Humphrey Yang shared his approach to market dips, suggesting dollar-cost averaging and patience as key strategies for long-term investment success 💼.
• Tariffs have been placed even on obscure places like Nauru, showing the broad and sometimes puzzling reach of the policy 🌍.
• Humphrey Yang is considering making detailed data-driven videos about these economic phenomena, which could provide more clarity and analysis in the future 🎥.

Overview

Humphrey Yang took to YouTube for his first live stream amid the backdrop of a turbulent market affected by new Liberation Day tariffs. His goal was to help viewers understand the implications of these tariffs on the stock market and to provide a grounded perspective on investment strategies during volatile times. Throughout the session, Yang shared his insights on the current economic climate while engaging with a global audience.

During the streaming session, Yang shared his observations about specific stocks and their reactions to the tariff news. Big names like Apple and Nvidia saw significant declines, highlighting the unpredictable nature of the markets. Yang also discussed less talked about regions affected by the tariffs, such as Nauru, injecting a sense of humor into the conversation.

Aside from market talk, Yang dove into the process behind creating content for his channel. As a seasoned financial Youtuber, he explored the challenges of scripting and producing videos quickly in response to fast-changing news cycles. This provided an interesting behind-the-scenes look at content creation and the dynamic world of financial reporting.

Chapters

• 00:00 - 00:30: Introduction and welcome The chapter titled 'Introduction and Welcome' serves as an opening to the content that follows. While the transcript provided is minimal, the presence of 'share a new window' suggests the chapter may involve introductory remarks, possibly setting the stage for interactive or multi-faceted learning, such as through shared or collaborative platforms.
• 00:30 - 01:30: Live stream challenges The chapter titled 'Live Stream Challenges' discusses the technical difficulties experienced during a live stream. The speaker confirms if the audience can hear and see them and tries to resolve issues with the chat functionality. There is a mention of everything being down, implying technical disruptions.
• 01:30 - 02:30: Viewers' locations and first impressions The chapter titled 'Viewers' locations and first impressions' begins with a seemingly unstructured live stream broadcast. The host admits to not having a specific goal for the session, suggesting it is more casual and spontaneous. Despite encountering some technical difficulties, such as lag, the host indicates a desire to discuss the markets, hinting at potential topics related to economic or financial analyses. The informal tone sets the stage for an interactive session where viewer feedback, such as their locations or initial thoughts, could play a significant role.
• 02:30 - 03:30: Discussing market conditions and tariffs The chapter discusses various topics including market conditions, tariffs, and the concept of Liberation Day. The speaker mentions an interest in scripting a video about Liberation Day and tariffs, expressing a paradoxical sentiment of both having a lot and not a lot to say about it. There's an emphasis on the importance of staying level-headed when considering tariffs.
• 03:30 - 04:30: Investment strategies and viewer questions The chapter introduces Connor, who is very optimistic, and engages with viewers by encouraging them to share their locations in the comments. This marks the speaker's first YouTube live stream, expressing excitement and a sense of novelty about the experience.
• 04:30 - 05:30: Market and company impacts The chapter begins with the speaker expressing uncertainty about the topic of discussion but then decides to delve into the subject of tariffs. The idea is to conduct live research, explore what's happening in this area, and possibly develop a video script based on this research. Additionally, the speaker acknowledges the audience members from diverse locations including Switzerland, Australia, Michigan, and Massachusetts.
• 05:30 - 06:30: Live research and scripting ideas The chapter discusses the current economic situation and the uncertainty in the market, with a focus on tariffs and potential buying opportunities. The speaker mentions buying a little earlier and considers it a good time for dollar-cost averaging, while acknowledging market unpredictability. The role of Trump's actions in market volatility is also highlighted.
• 06:30 - 07:30: Responding to viewer donations and questions The chapter discusses the complexities of calculating the trade balance and the impact of tariffs. It starts with a reference to a formula related to the country's trade deficit, emphasizing that it's not as straightforward as it seems. The speaker mentions the involvement of an entity named 'plane Bagel' in the process and criticizes the simplistic assumption that any trade imbalance is solely due to trade barriers. The conclusion is that understanding and responding to tariffs requires more nuance and depth.
• 07:30 - 08:30: Tariff impacts and market responses This chapter discusses the potential impacts of tariff changes and how markets might respond. A key point mentioned is monitoring the S&P index, particularly around the levels of 5,100 to 5,200, which would represent a significant drop from all-time highs, potentially making it an opportune moment for market activities. Furthermore, there is a brief mention of the import cost ratio, hinting at financial metrics being crucial for assessing market strategies.
• 08:30 - 09:30: Potential future actions and strategies The chapter discusses potential future investment strategies and actions, emphasizing a long-term investment approach. The speaker suggests that for those investing with a 10 to 20-year perspective, short-term market fluctuations are less significant. The advice includes buying during market dips, dollar-cost averaging over the year, and maintaining a steady investment despite market downturns, as the Dow is only down 3.2%. The speaker plans to elaborate further in their live stream, acknowledging it might not be exciting.
• 09:30 - 10:30: Market analysis and historical context The chapter discusses the importance of providing a balanced perspective on current market conditions, specifically in relation to Terrace. The speaker expresses uncertainty about how to approach scripting the content and initially considered discussing Liberation Day tariffs. However, instead of simply reporting on the market's 4-5% decline, the speaker seeks to offer deeper insights that go beyond surface-level analysis. The chapter highlights the speaker's intention to add value through a well-considered and data-driven approach.
• 10:30 - 11:30: Technical discussion on market and tools The chapter discusses the challenges in creating scripted video content, particularly about tariffs, given the unpredictable nature of political figures like Donald Trump, which can alter the relevance of such content rapidly. It covers the considerations of balancing detailed data with engaging presentation.
• 11:30 - 12:30: Market close and post-market reflections This chapter revolves around the challenges faced by content creators, specifically YouTubers, when current events rapidly change, affecting the relevance of their content. The speaker shares a personal experience where a video about port strikes lost its significance within hours of publishing due to the resolution of the strikes. This situation highlights the struggle of investing significant time and resources in content that can quickly become outdated or irrelevant due to fast-moving news developments.
• 12:30 - 13:30: Ending remarks and viewer engagement The chapter focuses on ending remarks and encouraging viewer engagement. The discussion touches on financial strategies, particularly the decision-making involved in timing the market. The speaker reflects on the approach of dollar-cost averaging as opposed to trying to time market peaks. They mention deviating from their usual strategy this year due to perceived market conditions, hinting at a more cautious approach in response to what they describe as a 'frothy' market.

Stock Market Reaction - Liberation Day Tariffs + Live Scripting Transcription

• 00:00 - 00:30 share a new window
• 00:30 - 01:00 all right here we go we're back all right okay you can hear me you can see me can you hear me can you see me all right there we go that's what I'm talking about that's what I'm talking about about the chat pop out the chat pop about the chat wait what do you mean now silence save us big hump yeah everything is just down everything's down [Music]
• 01:00 - 01:30 installed have [Music] installed yeah I don't I don't really have a goal for this live stream I mean the live stream is just the live stream um I kind of just wanted to uh it's laggy that's not good that's not lag was by today I just kind of want to talk about a little bit of about the markets
• 01:30 - 02:00 let's kind of look what's up here I kind of also wanted to maybe script a video about um Liberation day so Liberation day plus tariffs I don't really have anything to say about Liberation day B well I have a lot to say but I also don't have a lot to say at the same time let's actually look next. comments what's happening here let's just type in tariffs the goal is not losing your head that's definitely true AR
• 02:00 - 02:30 [Music] um Connor is very optimistic very optimistic appreciate that let's see where are you guys all chiming in from today let's talk about it drop where you're from drop where you're from in the comments this is my first YouTube live stream guys I haven't done a YouTube live stream ever like this is actually pretty insane um I've been thinking about doing YouTube live streams here and there but
• 02:30 - 03:00 I I really don't know what to talk about so today I thought it'd be interesting to talk a little bit about the tariffs try to figure out what's going on do a little bit of live research and then perhaps uh script am I even lagging probably script a video if we can at least write out some bullet points um Blackhawk wants to know if I was thinking okay you guys are all you guys are from everywhere this is great Switzerland Switzerland bro Australia Michigan Massachusetts please somebody
• 03:00 - 03:30 save us from this nightmare uh it's not lagging that's good yeah arjin I do think it's time to buy I bought a little bit this morning I didn't unload all my cash but I definitely bought some um you could definitely dollar cost average today just know that it could still go down a lot more uh we don't know what's going to happen but I don't think Trump even knows what's going to happen I mean did you guys see that the uh tariffs were just a straight line
• 03:30 - 04:00 formula of our deficit divided by I think the plane Bagel had had written it um it just it's just the country's trade balance and assumes any imbalance as a result of the trade barrier uh I actually think this is more complicated than it looks I think someone just calculated like how were the Liberation tariffs calculated if you are if you're cash
• 04:00 - 04:30 strapped uh Jordan Wen I would probably wait until S&P hits around 5, 5200 that's probably the level at which is is quite juicy because that would be that would represent 15% off alltime highs uh so right right around 5100 55,000 is good yeah deficit divided by import cost thank you m Master cyclist uh you've been wondering if you
• 04:30 - 05:00 should buy the dipm you know I always say if you if you're investing for like 10 years 20 years I don't think it it's not going to matter that much I mean you could you could buy today you could buy this week you could dollar cost average that this whole year and I think in 10 years you'll be okay the Dow is only down 3.2% I'd have to I'd have to check that um the dip is delicious okay so what I wanted to kind of do on this live stream it might be kind of boring um but
• 05:00 - 05:30 I feel like you guys would like a balanced take on what's going on with Terrace so a balance take with some data would be interesting um I don't really know how to script this video I was going to write a video about Liberation day tariffs and I felt like I could I could poop out a video tonight you know like I could tell you just what's going on and the Market's down you know like four or 5% but I don't really know what kind of value that brings so then I was thinking
• 05:30 - 06:00 okay well maybe I can like go live I can kind of script something uh and I can maybe maybe give you more of a balanced take as well as insert it with a lot of data and maybe release that video next Monday next Tuesday the the downside of um the downside of scripting a video about tariffs and actually putting a lot of work into a tariff video is that Donald Trump could train change his mind
• 06:00 - 06:30 tomorrow and the video is basically Dead on Arrival right so that's definitely happened to me before you know we made this video about the port strikes like last September and you know we worked really hard on that video and then guess what they resolved the pork strike within uh like six hours of the video dropping which is totally fine I mean that's probably better for the economy as a whole it's just like if if you're the YouTuber you kind of have to consider like is it worth balancing that like is it worth spending eight hours of your time plus time to script a video
• 06:30 - 07:00 that ultimately does not get seen because the the policy's changed um Hugh Jackman wants to know if I time the market At All by selling when you personally identifi tops or do you just simply click the B buy button um you know typically I would say you would just you would just dollar cost average on a certain day every single month but what I've been doing this year just because I thought the market was a little bit frothy was I held back a little bit I've just been waiting with
• 07:00 - 07:30 cash and so on days like today when when when you do see a big drop that's when I was buying uh what would you do if you see a drop of 25% the S&P the next few times uh well if if the S&P dropped 25% we were in a whole world of trouble but that would be a really good up buying opportunity for sure because I think in Co it dropped around 30 to 40 per. um my time is 11:51 so the market is still going right now
• 07:30 - 08:00 uh let's see Nvidia is down 2.83% Apple's down 99.46% this was actually the most surprising to me because this is a three trillion dollar company and down 10% is wild uh the fact that it's trading at 202 is one of the lowest levels I've seen in a very long time uh obviously hit hard by reciprocal tariffs their Hardware business only represents what like 50 to 60% of their over overall Revenue I think Global Services is is getting of bigger chunk
• 08:00 - 08:30 so I don't know how like Justified this drop in apple is like if anything that that looks pretty juicy to buy up Nvidia looks pretty juicy to buy up today um other other ones include Amazon Google both of these basically I think if you just buy any of the mag s today you're probably doing just fine uh let's see what's up Marco Santiago says yes our American Life did get slightly more expensive um but remember these tariffs don't go into
• 08:30 - 09:00 effect not the reciprocal tariffs they don't go into effect until like April 9th I believe so when do the reciprocal probably saw that wrong April 9th yep the 10% minimum tariffs will go into effect on April 5th and the higher reciprocal rates will go into effect April 9th so April 5th is Saturday day and reciprocal rates will
• 09:00 - 09:30 go into effect April 9th Liberation day okay 34% reciprocal rate on Chinese Goods 54% Terra okay what are my thoughts on
• 09:30 - 10:00 Reddit yeah Reddit always felt a little bit overpriced to me but I thought it was overpriced at $70 I thought it was overpriced here and then it just shot up to 200 so I don't know um let's see here yeah Malcolm great to see live session core weave never heard of cor weave what exactly was liberated our retirement accounts definitely true I can't believe I have 42 people in this
• 10:00 - 10:30 live press press the like button man I mean this is awesome I appreciate you guys tuning in um as I said before this might be a little bit of a boring live stream but I'm here with you guys I'm just kind of like sweating the markets a little bit uh obviously things are are down I mean NASDAQ is down what like 5% today I think NASDAQ was down 5% last time I checked uh
• 10:30 - 11:00 NASDAQ stock NASDAQ yes not NASDAQ index 5% today S&P 4.11% let's see what the Dow is uh 40,000 minus 3% today so you know drops like these don't really happen that often like if we want to look at the biggest NASDAQ drops in history let's actually just type
• 11:00 - 11:30 in the big biggest NASDAQ drops in history uh largest daily percentage losses you can see right here if you're in the it would take you minus 6.3% to get into the top 20 but again some of these are from 2001 2001 2000 2000 where where the drops of 280 points would represent 7% so uh you know this is kind of hard to kind of look at I wish we had more data from let's say 2010 and onwards because
• 11:30 - 12:00 I think that it changes a bit but I would say you know and some of these are 1987 1987 that's Black Monday um 2008 so you know if you're looking at these at these at these numbers in context minus 12% 2020 obviously covid covid was down 12% black Black Monday Black Friday Black Monday was down 11% and 9% more covid right so if you're looking
• 12:00 - 12:30 at all these top 10 kind of top I mean even like top oh my God top 15 largest daily percentage losses these are all basically recession like this is like just straight up recessions right um 2000.com Bubble 2020 covid 2008 financial crisis I don't know what this 1998 one is this is actually an interesting drop that we can look at 1987 Black Monday Black Friday Etc so you'll notice that NASDAQ daily ch is if it's if it's 5% that's quite
• 12:30 - 13:00 significant right I mean basically if you if you sniff the top 20 you're kind of flirting with uh with recession here so if this is not a recession right if we're not going into a recession and the NASDAQ is down 5.25% as I'm looking at it right now odds are it's like a decent buying opportunity is it the best buying opportunity I don't know is it going to get worse I don't know but I bought some today I unloaded 33% of my total cash
• 13:00 - 13:30 reserves um to give you some context United Healthcare is up 4.65% but they want to also seek the death penalty for the guy that shot the CEO so I don't know I don't know what you what you think about that um thank you Jason I appreciate it Jason Young appreciate you considering the market is dropping the next few days what is your strategy to buy do you buy every x% drops or do you wait to find a bottom I'm I'm buying all the way down down so uh in my
• 13:30 - 14:00 private group I said 5400 was an initial price Target uh of the s&p500 to start averaging in and then 525,000 are looking very juicy so what's the S&P at right now 5400 5438 so I bought a little bit this morning but I would say maybe 5200 55,000 would be a much better place where I'd be more comfortable buying more mantis says the 98 drop was due to turmoil in Russia thank you thank you
• 14:00 - 14:30 for that do you think Vu will drop to 450 at some point um it's hard to predict any of these right like Vu stock back I mean Vu like two years ago was like 380 dude so like the fact that we're like even talking about this at 500 is already pretty insane like this is not like I'm just gonna let you guys know the last two years have not been very normal like when I was a financial adviser from like 2011 into 2013 the market was basically flat and
• 14:30 - 15:00 like you were happy with like a 5% 10% gain and and that's generally how it's how it's kind of been like imagine you bought imagine you bought like here right 2018 January 2018 2019 like a year and a half later 277 from 255 like that's pretty normal I would say this is more normal right like a year and a half later you see a gain of like maybe eight to 10% but but look at the last
• 15:00 - 15:30 like two years it's just been like up and through the right up and to the right so I think that people often forget that this was you know Vanguard S&P 500 just like in 2021 was at 390 380 so like 450 is definitely possible 450 would you right here in in April of last year so um unrelated what's my favorite soup miso soup for sure miso soup is the best
• 15:30 - 16:00 soup cool to catch you live um you know somebody just joined as a member thank you thank you someone also donated me like two bucks oh your point of view is Donald Trump not doing a job it remains to be seen it's only been a couple months uh this tariff strategy is absolutely wild it's obviously he's not doing a good job for our portfolios but whether or not this I think it's a negotiation tactic I always have thought it's a negotiation tactic well whether it works or not I don't know like he's crazy
• 16:00 - 16:30 enough where like the other countries the other country leaders just don't know what's going to happen so I think that's basically part of his strategy he understands that he's viewed as like this crazy guy that can change his maybe he maybe he doesn't understand but he's viewed as this crazy guy that can change his mind all the time and when he threatens something he can definitely follow through with that threat and he's crazy enough to follow through with that threat right so I think other countries are a little bit fearful because of that and so we're going to have to really wait and see if there are any reciprocal tariffs put on by other countries or if
• 16:30 - 17:00 they just want to just quote lower everything and play nice with the United States um but yeah the US did vote for this so let's not forget that all right so what are we going to do on this live stream let's talk about that talk about
• 17:00 - 17:30 that first I want to find uh I want to find some of these these good graphics for my video so let's try to find some interesting Graphics here I really want this graphic here this graphic just with more views this guy only has 148 views so
• 17:30 - 18:00 [Music] Ryan Peterson's great Ryan Peterson is the CEO of flexport it's a global shipping and supply chain logistics company so he out if every anyone would understand the implications of the tariffs on Supply chains and shipping routes predicted tariff versus announced tariffs okay let's see Flex ports team was able to reverse engineer the formula
• 18:00 - 18:30 Administration used to re generate reciprocal tariffs it's quite simple they take the trade deficit and divided it by our imports from that country the chart below shows the predictions of this formula against the actual new tarff rates okay so this is not really telling me anything but I will save this link this is a good link okay that here leted the Tweet B very nice very nice so uh you know if I were to script
• 18:30 - 19:00 a video first all mother [ __ ] Dam it just let's just do this uh if I were to script a video I usually go like this I usually type an intro right I'll give you some context right then we're going to make main point one main point number two main point number three and finally uh uh call to action of some sort and then you know subscri uh not subscribe maybe we have a conclusion okay someone just gave me red bunny
• 19:00 - 19:30 classic thank you for this donation of ngn 4004 what is ngn currency dude what did you just donate to me Nigerian naira thank you so much 400 Nigerian nairas thank you you donated a quarter I appreciate it um I actually should not laugh at that I don't know how much 400 Nigerian Nira goes it could Pro probably be a really great thing so thank you I know you probably um
• 19:30 - 20:00 took the time to donate so I appreciate that I don't want to make fun of it what is the average salary in Nigeria is $774 a month us so essentially wow okay so if it's $774 us our boy gave us 25 cents red bunny classic gave us 25 cents which
• 20:00 - 20:30 represents about 3% 0.03% of his salary which I appreciate which not his salary but the average monthly salary so what is the average salary in the United States uh by month $ 5,233 a month this is interesting so he basically donated the
• 20:30 - 21:00 equivalent of a dollar 68 so thank you red buunny classic I appreciate it uh I have not found a new editor for the team yet but uh we have some candidates are close uh Eugene thinks that Vu will hit 600 by the end of the year this this browser is called Arc browser um how far back did you and martiny go I
• 21:00 - 21:30 know I've only ever gone into his live streams but I remember Martin scr used to have really great YouTube content on how to analyze a company and I always just thought it was fascinating so that's why I liked his content uh 400g in is 40 cents that's it's interesting okay all right so anyway um what was I doing [Music] intro is gonna be something like Liberation day is here and Trump is
• 21:30 - 22:00 liberating your portfolio of its gains from the past years so there you go that's what uh Liberation day is here liquidation day that's actually pretty good Liberation day AKA liquidation day um was April 2nd and the markets were in
• 22:00 - 22:30 turmoil after Trump liberated portfolios of their gains in the past three years he enacted reciprocal tariffs across like 70 plus countries I don't know how many countries it did we'll have to fact check this and he uh uh announced
• 22:30 - 23:00 it in a press release a press day a press release all right something like that and then we're gonna have like uh a clip you know of uh Trump announcing new tariffs on Liberation day so something like this find like a little we're going to find a got oh here's a clip here it
• 23:00 - 23:30 is so if you look at that China first row China 67% that's tariff charge to the USA including currency manipulation and trade barriers so including a straight line a straight line division of the deficit versus the exports okay let's see here so the reason I'm looking for a different clip guys is that this clip is grainy we got to find a better clip than that
• 23:30 - 24:00 send here we go here we go they're very tough this is like what kind of very very tough Traders 720 see all these news stations man they can't even get 4k what's going on what's going on senior White House correspondent Peter duy begins our coverage God see we just want a 4K clip it's hard to find a
• 24:00 - 24:30 4K clip okay this one's 1080p okay we like thish no all right guys I don't know what to tell you I can't find oh maybe ABC see being a YouTuber is hard you got to find these clips man
• 24:30 - 25:00 okay this is what I want to talk about Bradley says do you think llms will significantly cut into Google searches Revenue yes ultimately yes but I do think Google has some some tricks up their sleeves to try to mitigate that and I think one of them is developing their their own llm in order to do that so maybe this is I don't know maybe this is fine [ __ ] it the steel and automobile industry
• 25:00 - 25:30 you know sorry this live stream isn't that amazing um we're trying our best though and you guys are hanging out hopefully you guys are at work I mean are you guys just like chilling I don't know what you guys are doing but I'm also taking a really long time to find these clips I would probably script this video a lot faster if it was just me by myself sitting at home but uh I kind of like that this is more fun this way you know I think we'll just go with this clip because it seems easy okay yeah so this is the uh
• 25:30 - 26:00 2045 [Music] section it he announce it on the White House W okay Char 90% we're gonna charge 46% charge 20% it's open very very might be upset they will be those with good eyes with bad eyes we didn't want to bring it's very wind
• 26:00 - 26:30 we're in other words they charge us we charge them we charge them less so how can anybody be upset they will be because we never charge anybody anything but now we're gonna charge uh European Union they're very tough very very tough rers okay you know you think of European Union very friendly they rip us off it's so sad to say it's so pathetic 39% we're going to charge him 20% so we charge I miss apart Vietnam great currency manipulation
• 26:30 - 27:00 67% China first row all right 1937 that's what we want okay China first row China first row uh and then the line that we want China 67% that's tariff charg to the USA including currency manipulation and trade barriers so including currency manipulation and trade barriers okay so
• 27:00 - 27:30 we know that that is what the line is we want in the intro but we're gonna say that's funny because it was actually found that the Tariff rate imposed to other countries simply was just a StraightLine math C
• 27:30 - 28:00 calculation where they took the trade deficit where they quote took the trade deficit the US has with each country and divided it by our imports from that country so for example I need an example here
• 28:00 - 28:30 I would like an example where I can go you know I can explain like okay this is how they arrived at uh the numbers like oh like for example VI oh yeah oh oh oh that's right so like for example Vietnam
• 28:30 - 29:00 Imports here we go this is what I mean okay so Vietnam import okay so uh okay this is actually this is actually this is actually the better tweet this is actually a better tweet so for example if uh Vietnam exports 136
• 29:00 - 29:30 6 trade deficit so Vietnam exports okay go that's what I want okay and as you can see we're kind of building a really fun intro here okay so we're we're building an intro uh where by you're going to get a clip of Donald
• 29:30 - 30:00 Trump announcing reciprocal tariffs that's already kind of you get you're already getting kind of hooked right you're like what's this Liberation day and then all of a sudden you see like okay look at all these terorists like Vietnam is being charged 90% or whatever they're they're charging what was it what was the number uh Vietnam's tariffs charged to the USA is 90% actually just a straight line formula of I keep saying straight line I don't know why I say that it's just a math calculation where they took
• 30:00 - 30:30 the trade deficit the US has with each country divided by imports from that country so for example Vietnam export and that's exactly 9% on the chart this brings a ton of questions right ton of questions why did they choose to like you know why did they choose to import uh uh to impose tariffs on these countries why did they choose these
• 30:30 - 31:00 countries in the first place what do they hope to achieve by placing tariffs in these countries what does it mean for your wallet uh what does it mean for your stocks and how did we get here okay how did we get here
• 31:00 - 31:30 context Trump wanted tariffs why do you want tariffs okay we are going to just search that up in our notion a great tool this is my other script now initially tariffs were were used to
• 31:30 - 32:00 to to fund the federal government um kind of like this so you know we'll uh put this here for now okay let's read some comments for a little bit he wants to know thank you for the $5 do you believe
• 32:00 - 32:30 tariffs could be effective in rebuilding American manufacturing right now we're at an 85% service economy I actually don't know where you got the 85% service economy number um are you trying to say all of like 85% of GDP is driven by Services uh I think it could be effective in in well it depends on how long the tariffs lasts and uh you know just because you implement a tariff like it on on like like April nth it's not like GM is going to be like all right it's time to hire a [ __ ] ton of
• 32:30 - 33:00 people you know for for the Great American autom manufacturing you know period of time because Trump could just cancel them in like two months and then if you're GM and you're trying to hire like you know thousands of Auto Workers to make auto manufacturing great again and and they're just subject to tariff policy where they just he's just going to cancel it in two months you're not going to want to do that so I think as GM you kind of want you kind of want the assurance that like hey these tariffs are around you know for a few few years so we can take advantage of it or else or else a lot of companies won't
• 33:00 - 33:30 know what they're doing like like these companies need more than just like a declaration they need kind of a guarantee that that their that the landscape of their industry is not going to change every two months and I think that's the problem that uh that you're seeing um someone else did someone else donate me some money red bun classic I don't have a mastermind for Content creation uh sad
• 33:30 - 34:00 salt wants to know I I love you I said sad salt I love you um let's see here why was Russia left off the list that's a really good question that's a question I'd like to answer to for sure Master cyclonus this is the this is notion notion is a great um scripting kind of it's basically just like an all-in-one kind of a platform where you can do notet taking journaling create
• 34:00 - 34:30 cool dashboards write write interesting scripts and the keyboard I'm using is uh what is this a Kyron Kyron I don't know what model it is it's blue I like the color uh it's very heavy too so notion and Arc browser seems very efficient yes I I'm trying to be very efficient here let's let's check how
• 34:30 - 35:00 stocks are doing Apple's still down 9.5 four 9.45% Nvidia is down 6.09% broadcom's down 8.71% Google Meta Meta is a great buy minus 7% uh look at all these look at all the defensive the defenses are doing quite well tobacco Coca-Cola Pepsi RoR and gamble this is pretty standard stuff you know defensive is going to do really well in uncertainty especially things like Coke are fine because what else are people going to do with no
• 35:00 - 35:30 money uh United healthcare's up Johnson and Johnson's up interesting insurance is up that's annoying I don't like insurance companies Berkshire it's basically flat uh Visa all all the all the financial services are down that's interesting manly reviews welcome in um is this the end of American dominance I don't know people say this [ __ ] all the time uh
• 35:30 - 36:00 H so anyways we are about uh 35 minutes I'm still gonna I'll probably stay here till Market close which is at 1M my time which is in 40 minutes um and I think I'm gonna write a video about The Liberation day tariffs after this you know after the live stream probably I don't really know I wanted to to be good and I also want it to be like a complete take and then the other
• 36:00 - 36:30 problem is you know like if Trump cancels if Trump cancels his like if Trump cancels these like tomorrow it's just that's just a waste of my time really it's just a waste of time put that in there too um maybe 1% on Syria that's a
• 36:30 - 37:00 lot what is this country Naru what's the Tariff this country bro where is this country that's funny tariff this country Naru but don't tarff Russia that's that's funny like what bro this is just an island
• 37:00 - 37:30 man it's got two restaurants on it okay it's got a Chinese restaurant H looks kind of mid looks bad you show up you show up to Naru you're like hey give me the EG rolls you get these and they're like sir
• 37:30 - 38:00 we we're getting tariffed over here we can't handle we can't even make you EG rolls get half of these egg rolls dude what's going on here this is a funny one Google review look at this shirt anyways can you believe that there's a tariff on this country I might put this in the video Naru 59% 30% tariff look at this zero
• 38:00 - 38:30 too this zero is all messed up all right I'm I mean that's just funny like Naru Naru Naru is just a sad sad country just chilling man it's just just
• 38:30 - 39:00 can't even see it on a map uh okay so that'll be funny I mean I don't know what's going on there so yeah I mean let's see I don't know I hate this
• 39:00 - 39:30 s p is pretty low graad cash is still high for
• 39:30 - 40:00 Apple um let's answer some more comments before I oh my God see more people just showing up but I don't really know what to talk about besides the fact that the the stock Mark is on sale and it's on fire um you know what this is a good headline too just just for our video
• 40:00 - 40:30 later all right let's keep answering some questions here um should you hold cash and buy in a few months or now I think today is a pretty
• 40:30 - 41:00 good day to buy uh I think I talked about it earlier that NASDAQ is down 5.5 5.25% right now and anytime it hits like the six% mark That's like a top 20 biggest loss day usually what you see after big loss days like this is tomorrow should be green uh should be you know Traders are Traders and hedge funds and institutions will will react the other way uh it's little bright here it's better um let's see here see you later
• 41:00 - 41:30 Jason uh I thought Nvidia was a pretty good buy around 100 or 105 so I think that's what it is at it's at right now I think any of the mag s would be fine you know people dog on the mag S A Lot Like The Magnificent 7 so we're talking you know meta Google Nvidia Apple Microsoft Amazon those things but those have been the best performers man I mean there's a reason why why there they make up such a big part of the S&P 500 right now
• 41:30 - 42:00 they're just good companies that will continue to do well in my opinion you should definitely keep contributing to your Roth IRA um uh yeah Fang I think our easy pickups this morning I bought some meta I bought some vo I bought some Google those are great companies just keep buying good companies and keep holding um see I don't really have any other questions coming
• 42:00 - 42:30 in I appreciate everybody watching um I'm going to try to stay here till Market close and you know I kind of want to do some research on economics in general and what happens with tariffs because this is kind of unprecedented we've never really seen tariffs sweeping tariffs across every single country not every single country but the majority of countries in the united sorry in the world and so we
• 42:30 - 43:00 really don't know what's going to happen um that's the problem you know one theory is that Trump is trying to do this to lower interest rates uh so that he can pay off the national debt faster so if we look at the FED watch the next FC meeting is in 33 days and the current Target rate is four 4 4.25 to 4.5% and there's a 22% % chance that it reduces to reduces a quarter
• 43:00 - 43:30 point um but really we don't really need lower interest rates right now uh inflation is still somewhat high so that's kind of um it's kind of a bummer I forget what I was going to do I feel like reddit.com ask economics is really good it's really good to read a lot of the people that contribute in here are very
• 43:30 - 44:00 smart um so let's actually read some of these together I think Trump terrorist Mega threat this is actually a good this is actually good one wow look at all this information that you can get if you were trying to design a policy to get 100% disapproval from economists it would look like this anyone trying to backfill a coherent economic reason for these terrorist is deluding themselves so you also have to know we don't really know too much
• 44:00 - 44:30 about the political leadings of this person um and that's that's what you have to realize whenever you read anything online you have to understand like where you know where do they sit on the political Spectrum I feel like I'm pretty Center so I like to have a balance take but you know some people you know depending on what you read some are going to be really left some going to be really right there are tariffs and islands with zero
• 44:30 - 45:00 population see these are see these are good these are good headlines man these are good headlines make for a funny video uh the are tariffs on Goods like coffee that are not set up to be made domestically the tariffs are comically broad which hurts their ability to bolster domestic manufacturing even ignoring what's being tariff the tariffs are being said half haard lead and driving up C uncertainty yes that's true
• 45:00 - 45:30 it's impossible for Trump's gold tariffs being a large source of Revenue in a way to get domestic manufacturing back these are mutually exclusive similarly tariffs can't raise revenue on lower prices um please consult these before posting another question who absorbs the cost of the import tariff increase I think you guys should know that if you guys have been watching the videos mostly you do uh the producers does so like Walmart would do Walmart would
• 45:30 - 46:00 um does US Government all right let's let's let's read a couple of these I think let's read a couple of these these just like cost of US tars continue to be almost entirely Born By Us firms firms okay that makes sense
• 46:00 - 46:30 okay we already need that is trumps actually coherent and will it work out recently came across this interview with Giannis vacus where he explains that how ter should work this hinges on the dollar being the global Reserve currency all right this might be a little bit too deep for a live stream right now this is a
• 46:30 - 47:00 lot at what point capital in your portfolio should you start having a certain percentage allocated as cash Holdings I think when you hit the between the 25 to $50,000 Mark in your portfolio you should have some cash I think it's always good to have some cash but when you get to those like mid five figures almost to six figures that's when you should should start thinking about like let's have some cash in our portfolio 10%
• 47:00 - 47:30 15% um I think gold is a really good hedge against everything that's going on right now uh let's actually look at the gold spot price right now wow 3 3122 that's up since last week wow that's actually really high probably the best performing asset in the last two years which I was not expecting um usually gold is dog [ __ ] but gold has
• 47:30 - 48:00 been doing well really well lately silver is worse dog [ __ ] I don't like silver at all I think if you're gonna buy one commodity you might as well just buy gold why buy why even why even fuss around with silver like why think I just buy gold because really when it comes down to it you ask someone if they want gold or silver what are you going to say gold like no one's like hey can I get some
• 48:00 - 48:30 silver you know there are people out there that're they're called Silver heads and they just like hoard silver thinking that like the world is going to end and it's like dude if you're gonna hold if you're gonna hoard one thing just hoard the historically better thing hoard gold the Egyptians liked gold you don't see them talking about silver right uh gold has been the world Reserve currency of a lot of
• 48:30 - 49:00 countries there there's a gold rush you don't call it a silver Rush no any platform to trade gold like Robin yeah you can buy the gold ETF GLD you can buy fysical gold like at a coin shop or Costco um you could buy on atmex so atmex is a is a retailer of gold they put there's a little bit of markup on these
• 49:00 - 49:30 so you know for example um the 1 oz gold bar here 3200 and the spot price is 3140 that's about a uh 3200 3140 oh okay so that's like a $90 premium about 3%
• 49:30 - 50:00 um let's look at the S&P 500 again it's not getting any better it's not getting any better
• 50:00 - 50:30 sorry sorry this uh live stream has been a little bit boring I don't really know this is my first live stream guys don't don't don't don't hurt me I wish I had more entertainment for you um but just know that I'm here for you I'm I'm watching the markets as well I think that uh if you're G to buy anything today's a good day to buy some stocks I would expect them to go up tomorrow but you know don't quote me on it I
• 50:30 - 51:00 would like to make a video on Liberation day but I don't know how long Liberation day is going to last obviously it's just a day but I don't know how long this new cycle it's GNA last um if you buy gold from Costco and then you want to sell it where would you sell the gold bar so if you if you buy gold from Costco you can sell the gold bar at your local coin shop okay that usually would pay you most close to spot price um that's pretty much it you could
• 51:00 - 51:30 go to a jeweler they might buy it at spot price there's a lot of places that will buy it at spot price why are stocks that are completely unimpacted by tariffs dropping so much today Google meta Adobe Uber Etc um you know that's the exact thought that I had this morning my only guess is that it's more
• 51:30 - 52:00 systemic so like you know if if uh Apple is directly impacted by tariffs a residual effect of that is that the rest of the tech sector will lag a little bit and so what you're seeing is it's more of like a broad selloff and so it's affecting some companies disproportionately that's what I would say uh but yeah you're right I mean like meta there's no I mean I like maybe you could you could
• 52:00 - 52:30 reason that meta sells ads uh ads for e-commerce goods and if e-commerce goods are taxed even more you know via tariff then the business is buying ads are going to be affected and they're going to buy fewer ads on meta so you could you could say that their ad their ad vertising business is impacted same with Google ads you could say that Uber though that's an interesting one because like uber is like you know it's a ride sharing company uh but that's probably also why Uber is not down as much as let's say meta or
• 52:30 - 53:00 Amazon uh Ben Maddox says I really like seeing you go through the creative process of scripting videos do you use a teleprompter or bullet points so I have a teleprompter but honestly I'll use the bullet points most of the time uh I find that the teleprompter makes me really robotic so I'll just be like reading like this and you won't even get any emotion from me but um sometimes I'll use it for like sponsors and stuff uh I would like to get more into
• 53:00 - 53:30 like being able to like just bullet point everything and then just talk about it that way but it's very hard it's very hard Aro uh wants to know what the bottom of this dip is percentage wise I always thought it was like 15% from the highs so so the S&P 500 thep 500 the high was around
• 53:30 - 54:00 6100 so whatever that is times 085 around 5200 would be a would be a good number to kind of start looking to purchase that's why 5400 is a is an interesting level I think it's a psychological level right there for d400 the S&P um yeah it's not looking too hot today not looking too hot uh yeah midnight GTR I actually did not
• 54:00 - 54:30 vote sorry I did not exercise my right to vote I thought about it I did not like either candidate and I couldn't decide Jared young I saw that you were looking for a video editor are you still looking I am still looking I just uh we had eight or nine submissions for trial edits and um we uh there are a couple good ones
• 54:30 - 55:00 and uh I have to get on calls with them to see what they're like but I I'm definitely looking at a shorts editor and like a second Channel editor sorry not second Channel second editor uh what I consider being in recession I would consider us to be slightly like I almost feel like the economy is at a place where a lot of people feel like it feels like we're already in a recession just with how expensive things are cars are super expensive um obviously your groceries are expensive car insurance is expensive
• 55:00 - 55:30 everything's expensive and people can't afford these things and debt is going into like all-time highs that's always at all-time Highs but de is even more of a problem these days so I we're not in a technical recession but I feel like it's really weird because I think the average person that earns an average salary is hurting a lot and I think that the people that have stocks and have ownership and and equities are doing fine for the past couple years and I think this disparity has never
• 55:30 - 56:00 been more big than it is today yeah feels like a recession but we keep spending and they do call this a Vibe session for sure um I said I would stick around to the to the market close but I don't really have anything more to add than maybe scripting this video but I don't really want to script it in front of you guys
• 56:00 - 56:30 feel like it's kind of boring feel like it's really boring um man I think it's really hard to be a live streamer holy [ __ ] how do you guys do it how do how do people like lwig do this wonder how lwig does this this is hard um Let's uh let's look at the let's look at the biggest S&P
• 56:30 - 57:00 drops in history okay oh yeah okay lots of background music and narrate what you're doing I can do that Manley I can do that I can I can maybe do that all right the biggest the biggest daily percentage drops in S&P 500 okay this is like these 1930s are like Great Depression stuff so I don't know if we can trust that
• 57:00 - 57:30 um wonder if I can just find like the full list okay that's not good do I have socks on yes yeah I have socks on um oh look one of the best gains in this BS on my birthday October 6th largest point changes in S&P 500 since 2010 how about
• 57:30 - 58:00 that the [ __ ] Hey Joe give me a break okay largest percent changes in S&P 500 since 20110 maybe this uh that does not help me at
• 58:00 - 58:30 all interesting that we're down about 8% this year I mean 2022 is down 19.44% we could see another year like that with the way this is going um I don't know why they make this so hard
• 58:30 - 59:00 to find monthly returns here we go monthly returns though okay oh I swear a lot I think uh I think for the videos I I keep it very um I keep it very tight it you know tight tight very tight but uh but in real life I'm just more like I I don't know you know what what's interesting is that when you when you make a video it
• 59:00 - 59:30 is still you but it's not 100% you like it's like for me it's it's getting to the point where like I'm like 95% me on camera but in person like if you got to know me like this it's a little bit more like this where I'm just like whatever I don't really give a [ __ ] you know whatever how do you feel about selling options since of just buying stock um I don't sell plent options that's my problem I can't give you I can't give you that I would like to give you that
• 59:30 - 60:00 answer uh I tried maybe selling cover calls at one point but I just like didn't really know you know what that would I didn't really know what to do you know what it's funny W could talk I should do live streams three beers deep that would actually make for a really funny that would be really that would be really funny I think that would be funny that would be funny let's read some Wall Street bets why don't we do that and I like the I like the old Reddit too like old do rdit reddit.com because this is what I'm used to but you know you know the new Reddit just looks
• 60:00 - 60:30 the new Reddit just looks stupid like that's why their stock is down like look it it won't even let me go to the the old one like uh sorry the the new one all right let's read let's read some of these all right here we go just a reminder so if the S&P goes down 7% % the training is halted for 15 minutes I actually did not know that I thought it
• 60:30 - 61:00 was 10% so uh luckily we we didn't hit that at all uh this browser is called The Arc browser it's awesome because not only the tabs on the left you can search for things super fast so like let's see I just did uh uh control T you can search or enter a URL you can literally just Google search here and it'll just like Google search or I have a I have a shortcut I just type in YT I press Tab and now I can sech anything on YouTube so I could just search like on free tariffs right and then it just takes me
• 61:00 - 61:30 straight here Isn't that cool um so I like I like the arc browser and then look it also has this little tidy button do you see this tidy button over here love this thing you click tidy and just just give it a little second and boom you know it's just kind it kind of just like organizes everything into different categories so I love that um you also have these spaces down here space three space two space one and so you can just rotate between these really quickly
• 61:30 - 62:00 watch uh whoops don't don't don't don't look at that control three so this is another space so now I'm in like a completely different space where I could create another project um what's interesting is maybe there's like a oh this is also cool you can have an easel you can like draw stuff like if you want to like just really illustrate to something someone on camera you could like draw an eight you know you can draw
• 62:00 - 62:30 stuff you can draw the island of Naru it's right here you can draw Russia very cool okay we're back here we're back here what were we talking about oh yeah okay let's let's read Wall Street bets again all right this guy had a put good job wow great job [Music] um 20,000 gain from uh tariff
• 62:30 - 63:00 announcement my first big one everyone's shorting the market it looks like or buying puts on the market yeah wow an apple put this is a big apple put all right these are all gamblers here not this guy's down it's funny everyone only posts their uh their wins they don't post their losses uh let's find some losses here okay here we
• 63:00 - 63:30 go only everyone P post their gains dude no one's posting their losses okay here we go this is what you want to see this is a typical Wall Street better okay just just heads up you will see people that make it
• 63:30 - 64:00 big but those that are that are courageous enough will post their losses and uh this is down 98% this is pretty bad this is pretty bad West Crockett that's actually a good question I don't know if you can do that uh with chat TPT all right let's find good gain now it's find a good gain before the market closes market closing market closing in
• 64:00 - 64:30 in uh 10 minutes guys market closing Trump got you good oh gez that's a bad one too um market closing soon market closing soon just refresh this I think these are pretty much session lows I think I want to say it's not very good it's not very good
• 64:30 - 65:00 um I'm just reading from my phone here Google 153 Amazon 178 Uber 69 Nvidia 102 yikes meta 534 these are pretty much close to session lows I would say I mean Apple's at 201 right now uh that's brutal yeah yeah yeah yeah yeah
• 65:00 - 65:30 yeah um also surprised that 700 people want to watch me just talk about random [ __ ] all right you watch a finance YouTuber named Mountain Finance where she consistently reads out chat comments and interacts with viewers consistently while covering Finance news and answers questions all right let's do that um you're 4 and Koch stock are holding strong let's look at Ford Koke is up 2%
• 65:30 - 66:00 where's Ford where's Ford on this list for for for for just for on this list look for f uh well flat holding strong sure uh any thoughts on wealth tax no thoughts really I mean I think
• 66:00 - 66:30 they should be I think wealthy people should pay a little bit more but it's okay thoughts on gold and silver I think gold better than silver uh are we in a recession or what is this I think we are already in inter session but most people don't think so uh Ford's dividend yield is actually nuts though that's true Andrew Pagan says we stacking cash I think most people are stacking cash right now uh I deployed some cash today into the market hopefully I don't regret
• 66:30 - 67:00 that Larry Chan dividend stocks long term yeah I think I like those I like them very longterm long term you want to know about nar's exports all right let's look at nar's exports nar's primary exports have been phosphate but in recent years they also include non-fill frozen fish and calcium phosphates um with significant exports
• 67:00 - 67:30 to Thailand Philippines New Zealand Japan and Canada sounds like they don't even export to us what's the point exports valued at $30 million in 2018 that is basically nothing in terms this is dumb so for those you don't know Naru has a
• 67:30 - 68:00 30% reciprocal tariff placed on it by by the administration and uh we don't really know what they even export they export calcium phosphates and fish so what are calcium phosphates nobody knows inorganic compounds composed of calcium and phosphate ions does that even look like this is what they export okay rocks
• 68:00 - 68:30 they export rocks I guess they export rocks and cocaine I mean tell me this ain't cocaine this looks like cocaine it's calcium phosphate yeah someone just said it is just to have more countries on the list I definitely agree uh literally this is what Naru exports aru country
• 68:30 - 69:00 tariffs this kind of funny kind of funny um yeah this is actually this is what I want to read right here L though in southern
• 69:00 - 69:30 Africa the denim capital of Africa had a 235 million dollar Trade Surplus with the US okay so basically jees will carry a 50% tariff oh well feel like L though is a bigger country than Naru is Naru had oh
• 69:30 - 70:00 here we go export to the US from Naru previously known as pleasant Island will now carry 30% tariff Vatican cities and Monaco the only two countries with small than Nar both escape with the Baseline 10% tariff despite only exporting 1.16 Million worth of goods to the US in 2023
• 70:00 - 70:30 Naru is on the Tariff list I'm gonna write a Twitter post
• 70:30 - 71:00 lagging why is it lagging why I
• 71:00 - 71:30 can't it's lagging guys I can't even do it all right the real question is why are there I don't know oh here we go we fine we're back we're back I think it was kind of funny
• 71:30 - 72:00 okay all right so uh we got four minutes to Market close let's let's just look at this again it's not getting any better it's not getting better it's not getting any better I'm pretty sure this is a session laow
• 72:00 - 72:30 um the vix is at 29 so this is the volatility index 29 is not a lot I mean volatility is a 29 I mean volatility back in 2022 was 31 32 we're getting close to that 33 Mark you know just to give you some context 2020 vix was at 65 this was Co Peak
• 72:30 - 73:00 covid 2008 vix at 79 so this volatility index kind of shows you what the market sentiment is usually good time to buy when when vix is high and sell when vix is low like when the vix is like chilling at around 15 or 20 that's kind of when you really want to sell like this would have been a perfect time to sell right here 15 15 16 uh easier said than done no one really like even though you get
• 73:00 - 73:30 all these indicators like actually pulling the trigger is Pretty Tough so the Vicks at 29 it's high but it was at 28 on March 10th remember I believe March 10th were no he announced the Terrace when did he announce the ter ter like the first week of February I think like right here yeah the tffs were announced around
• 73:30 - 74:00 here uh the fact that they would go in to effect uh and then remember he like canceled them gave them like a month and then I think this is when they went the 25% terce went into effect think here uh to Canada and Mexico and then now you know it kind of just chills so you know what you might even see the same pattern happen the next month you know it could be like it could be like this is the vix this is the top of the vix right here and then maybe kind of see it like kind see a similar pattern here um but will this low of
• 74:00 - 74:30 17.15 be higher than the next low that's the question because if it's higher than the next low that's good if it's lower than the next low that's bad because you want this to be low um NASDAQ 4.79 sorry NASDAQ NASDAQ is close to 6% that's not good that's not
• 74:30 - 75:00 good so uh one minute left in the session this is not a PC this is a Macintosh my boy Tudy this a Macintosh hi from Italy hello how are youjo CIA may I have an espresso espresso ciao Chow Chow cow
• 75:00 - 75:30 cow um all right any questions Market's about to close yep it's tanking a little bit more I generally don't live stream Peter but today I thought you know it's Liberation day after uh check the herd Island tariff let's actually look at that uh that's
• 75:30 - 76:00 funny I don't know who decides this stuff dud look well this is beautiful though I kind of want to go here a view of the historic buildings on the Australian territory of Norfolk Island with Emily Bay wow that's beautiful dude look at this place Emily Bay dude if anything the terce just brought me a new travel
• 76:00 - 76:30 destination that's dope all right um oh yeah market closed market closed so 5396 5403 was the official looks like at 4M NASDAQ down
• 76:30 - 77:00 6% Russell 6.35% I wonder if there's like some live stream we can watch of the NYC since 2022 or 2020 that would be the pandemic close or the the the bare Market that we had in 2022 now here is a sector action not very good energy which had been a safety trade all here that got smoked the most down almost 8% Tech in second place to the end uh then
• 77:00 - 77:30 consumer discretionary then Industrials then financials only Staples that's xlp in the upper left was in the green today utilities and Healthcare it's funny you can tell that they're probably sponsored by spdr because they're using all of these ETFs like xlk Tex like clearly you could just put Tex sector but you know real estate also not as bad as the rest you can see a few trades still strickling trickling in
• 77:30 - 78:00 here and take a look at the NASDAQ 100 not a lot of green and just a lot of red uh Apple down well over I believe $300 billion dollar down 9.25% we're staying years there meta down 9% Tessa down 5 and a half percent broadcom down 10% list goes on I'll show you the Dow now we do have more green here we do have some consumer staples and we also have some Healthcare trades like United Health had a decent day that was up 3.4% Healthcare did catch a bid
• 78:00 - 78:30 in certain 300 billion biotch which is a lot more yeah down 300 market cap was 3.05 but I think today it would be at 2.7 yeah so buy all of this got it Y correct that's correct I would say that's pretty accurate um see here what else can I show you guys I think I kind of wanted to just kind of
• 78:30 - 79:00 stay on for a little bit just to see what happens after hours because I feel like usually what happens after a really bad day the after hours can show you what's going to happen the next day and if all of a sudden you see a lot of purchasing activity in the after hours tonight you could expect tomorrow to be a good one so you know after hours looks like Apple's up two cents which doesn't really count doesn't count let's check
• 79:00 - 79:30 the video yeah video is up a little yeah Futures Futures so I'm not going to stay on too long I'm very happy that we had um 600 700 concurrent viewers at all times um I don't really know what to do I guess I can make a video about today but I would want it to be a little bit more
• 79:30 - 80:00 um data driven than some of the other videos um because you know like gra might do this something like that that's a good video clear value tax probably already dropped a video yeah I watched this video my friend Marco whiteboard probably dropped a
• 80:00 - 80:30 video um did Andre drop a video you know let's transition to League League of Legends just do clickbait stuff and say everything's Inna crash uh you know League of Legends rank stats like where do you check those uh let's see let me see if my sum profile is
• 80:30 - 81:00 still around nope it's not was it R3 F ref it used to be I don't think it's I don't think it's there anymore guys I used to play in like season two [Music] man Joe Gilly says you ended up maxing out both you and your wife s today with the drop in the market just wanted to celebrate and say thanks for the great content hey man
• 81:00 - 81:30 cheers that's awesome it's good to hear that I love seeing I love seeing that um love hearing those stories f97 says how much are you in did I just pin that whoops um right now my individual stocks make up 60% I think and ETS are 40% I really
• 81:30 - 82:00 would like to get back to 5050 but um recently my individual stocks balloon so that's why you're welcome s Darth uh diamond for in League yeah that's your net worth shd I like shd that's good at HD today down 4% today obviously not good wow that's a big drop but SCD dividend
• 82:00 - 82:30 yield where's the dividend yield 3.5% is that right plus 133% pretty good this is okay probably would have been better
• 82:30 - 83:00 buying S&P here but you don't you never know you never know um I'm a give Aid says do you believe in buying stocks you're consumer of yeah I think that the more you know about a stock the probably the better it is to purchase an investment you know like if you know the competitors you know the strengths the weaknesses the opportunities and the threats of that
• 83:00 - 83:30 company probably better a better bet than just picking something random uh yeah the the drink was ice coffee but it's gone now um all right well let's see how okay last two minutes I appreciate you guys coming I'll probably have a video
• 83:30 - 84:00 up either on the car market next week because it's also crashing um but I'll probably make this video first if I can do it right I make sure I can do it right so if you ever do see a video about The Liberation thing you never got to press the like button on it uh I just want to see if people are buying man are people buying again yeah okay it's up a little bit
• 84:00 - 84:30 after hours let me just check here no a lot of stocks aren't up after hours like and if they're up they're up like a quarter percent they're not up at all you know what I mean it's only been 10 minutes so fun to see you guys live as well um I'll probably do another one of these
• 84:30 - 85:00 if you guys enjoy these I can do these more often it's just a I want to come up with a good format for what to actually talk about I don't want to just sit here and tell you about Naru the island which is fine uh but I wish I had more more insights you just joined a minute ago you buy anything yeah I bought I bought some VOD this morning some Google and some metastock even just Q&A are nice all right I appreciate that thank
• 85:00 - 85:30 you if the market crashed 50% would you dip partially into an emergency fund to buy the crash probably probably not man I think uh you know I'm risk averse so I probably would just keep the emergency fund emergency fund you don't you don't want to compound mistakes I don't know if you play golf but sometimes you know you hit into the trees and you think you have a window you don't want to try to hit the window you just want to chip back out to the Fairway and that's how I view dipping
• 85:30 - 86:00 into your emergency fund [Music] um I'll see you guys later love you thank you for watching appreciate you watching uh it's because you guys I can make this uh my full-time job so I appreciate you and I'll try to come out with better videos and I love you bye