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Hinzugefügt: 2026-05-22

[00:00:00]three.

[00:00:01]>> Hey, what's up good people? Welcome back to Stock Up with Larry Jones. I am in Stocks with Josh's uh studio. Uh so he's hosting. We just went live on his page.

[00:00:11]We're going to talk about a couple of things. The overall market uh Norwegian.

[00:00:16]And this is the last time I think I'm going to be talking about inflections, ticker symbol INFO. I told the people in money INFQ. I told the people in money moves, I'm not talking about this no more. All right? But I'm gonna show you guys why. So, uh, Josh, go ahead and introduce yourself before I go right into it.

[00:00:32]>> First of all, Larry, thank you for having me on your show. It's an honor. I got my start, of course, on Larry's show. Now, I know that that 99% of you know that, but there's a handful of people that do not know me. We go out in public, this guy gets recognized everywhere, stopped everywhere, airports, restaurants, everywhere. And I'm sitting next to him like, I wonder if they know me. They're like that. I don't know that guy. I don't know that guy. Remember me? I'm Stocks with Josh.

[00:00:57]>> You crazy. Listen, listen. I just, you know what? I love the people and I love being in the room with the people. Let's get into what's going on. Okay, guys.

[00:01:07]The elephant in the room here is I brought you the stock inflection. That ticker symbol INFQ. It's the last time I'm going to talk about it for a while.

[00:01:14]But I know guys, listen. I we charted it. We did the proper thing. We had a stop-loss. It triggered. Now, I want to tell you, mine got triggered just like I told you guys. So, for those of you that held, congratulations.

[00:01:32]But for those of you that think you're missing something, you're not missing anything. All right, I'm going to go right to it, Josh, here, and we'll look at the charts. So, here's what I want you to know about inflection. Please do not have FOMO, right? It's up 32% now, but just today from the highs just a minute ago, it was down by 10%. Just from the highs. Okay. What happened?

[00:01:56]Right. I went over this this morning.

[00:01:58]What happened with inflection? There's two things that happened with inflection. Where's the other story? All right. Here's one of the big things that happened. The government took a stake in quantum computing. Now, I was talking about quantum computing before any of these news stations was CNBC, any of them. I brought them to the family. Nine quantum computing companies are set to share $2 billion in government grants.

[00:02:25]Now, to some of you, $2 billion is a lot of money, but for a large cap stock, it's not. And this got shared over nine companies. Now, to a small cap company, this is good. But let me uh continue. It shows you all of the companies including see here uh inflection. You could see that D-Wave and all of that, right? But there was another situation that happened with inflection. This was a black swan event.

[00:03:01]Look at this. This Josh is also what happened. um they had a breakthrough in their technology. I won't go into it, but they had a breakthrough in their technology. These this all of this happened at the same time right behind Nvidia.

[00:03:18]>> It was it was a short sweet.

[00:03:19]>> It was a It was It was and it just went up. But here's what I want to show you guys about inflection. Okay, I told you guys that the fundamentals of this company is trash. Yes, we're going to make money on it. Yes, some of you already made money on it. the fundamentals is absolutely trash. And I told you that when you bought it, okay, so look at the last two quarters. Net revenue, net income. Literally, they're bleeding money. They don't even have any money and they're bleeding money. Okay?

[00:03:48]And we can see all of this red. Now, it's operating expense. Do you want your operating expense going up or going down?

[00:03:56]>> Okay. So, we got to learn how to read a balance sheet. Now what I want to do is I want to show you to be diversified in quantum computing. Let's look at this.

[00:04:08]Now I have in OQ here, right? This is the best fundamental company in quantum computing. So let's look at it over the year to date. Year-to date it's up 28%.

[00:04:23]Inflection year-to- date. Let's go to inflection. Year to date, what is that? It's down. All right. But you could see these big valleys and these big heels, right? With in onQ.

[00:04:40]Let's go to the fundamentals on it. You see what happens when these things first started out. They got to spend a bunch of money and they're bleeding. They have nothing. And now we're starting in these last two quarters, we're the green, way more green than inflction. So, so when I say money, I mean that because you're at greater risk. And I know some of you are are, you know, really really buying. And I will tell you, I was ready to put a big chunk in it. But I'm just telling you, you got to stick to your fundamentals sometimes. Now, here's what I want to show you also. I want to stack this and then we'll go to the next one.

[00:05:24]Uh we I want to stack this with Regetti and D-Wave. These are the ones year-to date. They're not so good, but look at what happened to these today. They rose D-Wave 28%, Regetti 26, and InoQ 10, right? And so for those of you that caught those plays when I called those out and you didn't get an inflection, you didn't miss anything. You got a bump up. Now I expect some sort of pullback or cool off. Now Josh, let's let's pull up uh inflection and go to the charts on inflection. You got the other one up.

[00:06:05]>> Yep. Woke up. Yep. Go ahead.

[00:06:07]>> Okay, guys. I'm going to keep it very simple for you. I've got a Fibonacci drawn. Uh and the way the Fibonacci works is that if a stock is going to remain in an uptrend, it's going to pull back to the 382 fib level. If it pulls back anymore, then the bulls are not really driving it higher. And if so, right now pre-market this hit 1640. Uh it hit right beneath it around 1614.

[00:06:31]1614 was a fib level. And that's why I love these fib levels, Larry, because look at it. Tapped it >> and that was it. Matter of fact, it actually stopped maybe two pennies before it, which was an early warning sign.

[00:06:41]>> And the bears pulled it back down.

[00:06:43]>> And 382 brings you back to my breakout level I gave previous resistance and that uh that very very likely area. Now, you don't just buy because it comes back to 382. It has to react here hard and bounce. And you see this big volume node that we have down here. We need some substantial volume down here uh and a bounce off of 382 if it's going to continue to go higher right now.

[00:07:11]>> So, let me show you guys this. Now, here's what I'm not doing. I told the people that I'm going to be looking at the RSI on this play. What I'm not doing is I'm not buying this and I'm on the hourly. I'm not buying this when we're up here. I'm buying it beneath 30 because it had so many times where it went beneath 30, right? And look at that here. Right here where it went beneath 30. Here's where was the time to buy. So on a day like today, I would not be chasing this stock at all. And for those of you trying to catch the bottom, don't worry about it because Josh, I believe that this is a 5x stock. That's why I had 500% on the thumbnail. I believe this is a 5x stock. So down the road, a couple of years from now, this won't make any difference if you didn't catch it. Now, here's what I want to tell you.

[00:08:04]You can do, and I said this on Josh's page, you could set a buy limit.

[00:08:09]Yesterday, it went down to like 10:33.

[00:08:12]You could set a buy limit or a buy order right now and just keep it locked in.

[00:08:17]You could set a buy order at 14. You could set a buy order at 11. You can set a buy order at 10:33, but all I know is if the market flushes, this thing is going to flush back down and then you're just going to have to just dollar cost average to which I'm not doing today. Now, let's go over to Norwegian. I want you to go to the technicals first and then I'll come to the fundamentals.

[00:08:42]>> All right. Norwegian is on a historic support. So literally from March of 2020, this has been the spot in which Norwegian has bounced. And you can see it's an ascending line of support. And recently we had what I would say is probably a bear trap on it. Um you know this was all related to oil news and uh and you know people are going to begin to take a position early. I have on the chart 1660. this it needs to consolidate above 1660 for this to be moving above the 30 level on the RSI on the daily time frame and for it to begin to potentially move back up. This is one that Larry and I have talked about. It's in an ideal zone. The most important thing that you guys can identify in this chart is you're buying historic support if you take risk on Norwegian Cruise Lines right now. Larry, what else did you want to say about this? Listen, I want to show this and here's why I I am down on my positions on the region, but I'm holding because what what a lot of times happen is when you tap out sometimes is when you should actually be buying. Somebody said like inflection. I heard that. So listen, but this is different than inflection. This is Norwegian cruise line proven, have money, whatever, right? I want you to look at this. I have US oil up. I want you guys to start implementing things like this. All right. So now, what's the the ticker symbol? Norwegian right here.

[00:10:10]Now, I want you guys to watch this. This is oil blue. Oil up. You're going to see Norwegian do the polar opposite.

[00:10:19]>> Literally the polar opposite. Then we had a crossover right here. You see when oil comes down, Norwegian goes up. Look at that. Almost like literally looking into an inverted mirror, right? So, let's go over the last five days. You see that?

[00:10:34]>> Yep.

[00:10:34]>> This this guys, you don't need to know how to read charts to understand this.

[00:10:39]>> Y >> oil up, cruise line down. So, what I'm saying to you over the last month, let's go year to date. Year to date, the top was what date is this? May 19th. So far, oil has been the highest. May 19th.

[00:10:59]And here is where I would think about buying Norwegian if I was in it. And this is a long hold. This is just simple, clear, to the point. When oil gets the highest, that's when I would think about buying Norwegian and holding for the long. Or what Larry is going to do is I'm going to double down at some point. I'm going to 2x what I had and I'm just going to hold. Now, it's going to take you, listen, it's going to take you really six months to a year to really start making some money if the if the uh oil starts coming down when the war ends. Okay? And the day the war ends, you're going to see a little pop.

[00:11:38]That's what I want to tell you about Norway.

[00:11:40]>> Can I throw some thoughts on it? So, so I like Norwegian. I traded it many times off of that historic line. I recognized that historic line back in 2021 and 2022, and I've continuously bought it off there. But let's talk a minute about the macro situation. Uh, you know, I think the price of oil has been artificially suppressed. There's a lot more problems that have not been worked out geopolitically. And I I'm not predicting what will happen. But what I'm telling you is don't FOMO. We we're giving you this. Don't FOMO because if we were to have a problem running into June and July, which some people say that the global oil reserves are going to hit a wall it uh in June and July. If we have that, then Norwegian will pull back and it'll break historic support and it'll go probably as low as $13.50.

[00:12:30]So, in my mind, if you're looking for a long-term invest investment that you can accumulate in a quality company that's continuously done well, then just you could look at set a set it and forget it nibble buy from 16 and write out the entire thing. And even if it does go up, this isn't Tesla, okay folks? This moves slowly. So, it's going to go up 2540 cents a day, maybe have a pop here and there, but again, I would tell you, you do not have to FOMO. This is coming to you not at all-time highs, but really towards historic lows, but because the oil dynamics has by no means been worked out, and anything could happen in the month of June.

[00:13:05]>> As a matter of fact, July, the demand on oil because you guys are going on vacation while we working, but anyway, the demand is going to cause it to go up and then they're going you all of these things play. So, uh, what he said is true. Don't go loading up. Actually, when it spikes the highest, that's th those are only the days that I buy.

[00:13:27]>> Now, I promise, Larry, if you don't mind me saying, we talked about on my video discussing Nike, but I think we're going to have to hold that for a future video.

[00:13:34]I will just tell you uh that Nike uh has been showing some really good performance, and I'll have to give people homework assignments. Go take a minute and look at the Nike chart and keep an eye on it. Uh, I've been investing steadily uh right here below >> I'm gonna tell you guys >> 42 and I've been doing very well. We're sitting above 44 now.

[00:13:54]>> I want to tell you guys he's a fan of Nike. I'm not. I told my people I'm not a fan of Nike. I'm not a fan of Nike.

[00:14:01]I'm not a fan of Lululemon. I'm not a fan at the bike company. Anything that spiked because of uh, you know, COVID and then Nike. I just think Nike as a brand has lost their way. I know some of you guys like it. I'm not a fan of it.

[00:14:15]>> I I don't play with you.

[00:14:17]>> Follow it if you if you if it's something you're interested in, follow Josh's play on it.

[00:14:23]>> Well, I I'll quickly I'll quickly, even though we're running out of time, let me get show you guys what I think will happen. Um, so obviously we are down, if you guys didn't know, we're down 66% uh on Nike from all-time highs, but we are clearly in this area of consolidation. Uh we recently pulled back. I took risk right here. here. I talked about it repeatedly and to be honest with you, I really can't get hurt here at this point, Larry. Um, but but if we can get above 4425, then we're going to go to the top of the range.

[00:14:51]These moves from the bottom of the range to the top of the range, they move the fastest. If it gets to the top of the range, I'm going to expect it to start slowing down because this is resistance.

[00:15:01]And if Larry's right that this has to be in uh Wall Street jail, then what'll happen is it'll hit this area of resistance and instead of going up to my higher target of 53, it'll fade and come back to the bottom. And that's what we saw with companies like INTC that had been on uh you know that had been sort of in the doghouse for a long time, right? They consolidate until one day when they actually get their act together, they break out. So, right now, at bare minimum, I'm going to be riding Nike up to about $46.

[00:15:31]>> And that's good. But look around you.

[00:15:33]Who's buying Nikes? Like older folk are buying Sketchers, Josh. Older folk are buying Sketchers. And and and you know, all of the other brands. Exactly. And then the younger guys, they're they're getting their sports athletes. And it's just it's just not I think they've run their course and it just it's not a bad company. It's just I just think it's going to be a long time slow growth and there's other uh opportunity.

[00:15:58]>> Well, they did, Larry. They got to 66.6%.

[00:16:03]They went knocking on the devil's door.

[00:16:05]>> And then they reversed. They got out of there. So, I'm riding them until they get to 46. But thank you for having me on the show, sir.

[00:16:11]>> Well, thank you for shooting this in your house, >> in your studio, should I say. Yep. Hey guys, that's it. Listen, come join us in Money Moves. That's going to be the top link below. And then under that is stock up you a full university on how to understand all of this stuff and make money. We'll see you later. Live, love, laugh, and learn. Peace.