So, The Market Is Trading Like a Meme Stock

本站添加: 2026-05-12

[00:00:00]dips will get very aggressively bought very quickly. Stop trying to short the market, guys. I I know you guys are. I'm just saying like to all the accounts out there that are constantly saying, "Short the market. This is the top. I have the most amount of cash I've ever had in a long time." Like, "Guys, don't fall into this trap."

[00:00:24]>> Sam, are we in a bubble >> and does the rally continue?

[00:00:29]So, I don't think we're in a bubble right now. All right. I think we're getting there. We're definitely getting there, but I don't think right now. And I think the problem is is that people are calling it a bubble too soon and therefore not participating in the market. And that is just I mean, it's unbelievable. The cues are basically going vertical. Like this is not a speculative stock, you know? This is this is an index of a hundred tech companies waited and it just literally just goes up like every day. And I do think that there's a lot of people not participating it which is causing it to just keep going up, right? And I'm not talking about retail traders. I'm talking about like fund managers.

[00:01:09]Billions, hundreds of billions of dollars just constantly being injected in the markets. Plus, I think there's a lot of rotation coming out of other stocks that's pushing the heavyweighted semiconductors up, which is continuing to propel up the cues. I mean, Nvidia is at a new all-time high today, right?

[00:01:24]Like, that's a lot of market cap to move. Tesla's at an all-time well, not an all-time high, but it's heading I think it's heading toward an all-time high, not because of the EV store, because of the energy story. I think that is really the story of Tesla right now. And I've pointed out for like the last few quarters, like dude, guys, everyone's looking at EVs for Tesla.

[00:01:40]like look at their energy segment that they not last quarter but the quarter for that to grow like 75% has been accelerating of course with the exception of last quarter but I think that is in that is the reason why Tesla's rallying along with all just other energy stocks I've been talking about but specifically in battery and energy storage right anything that has to do with battery and energy storage is basically ripping today and anything with nuclear is going nuclear like I said >> so chips >> Nvidia is breaking out all-time highs.

[00:02:11]We see AMD going parabolic, Broadcom, Qualcomm.

[00:02:17]Where do you think we are in this?

[00:02:18]Micron and SanDisk are both doing their thing. A lot of people are saying that we're in a situation that's unsustainable.

[00:02:28]I've taken the other side on that. What do you What do you think from this?

[00:02:31]Because you follow Chips maybe closer than anybody that I know.

[00:02:35]>> I mean, you know, Jose is definitely all in chips. I think he is like well more in tune with semiconductors than him.

[00:02:41]He's been a while and you probably already know about the chip stock investors. Um Nick and uh Casey, you know, you know those two people like they've been okay. Well, they they've been all in on it for a long time and they provide really good research. Like let's be honest, guys, I can't sit here and just do all of my research all the time. I need to outsource some of my research along with supplement with my own research, gain the conviction on it, right? Conviction is the most important thing. But a lot of these charts have been setting up for quite a while, right? So techn fundamentals will get you in the stock fundamentally and technicals will give you the entries you want. And I think a lot of people who are constantly calling this a bubble saying that this is the top saying that there's no way you can go higher from here. A lot of that is because they're just not participating. And I'm not here to like say like hey guys look look we're all getting we're all making money and you guys aren't. It's more like look right you you're even even Dan Niles said it I've been following Dan Dan for Dan Niles for a while even ask him more than a few questions sometimes like you know he's been sometimes your resident bear there but even he is saying the thing that I've been agreeing on for a while is that look the S&P 500 and the market follows earnings growth we are starting to stray to the portion where look the market is kind of growing a bit past the operating income that has been displayed in forecast for a while like we're we're starting to stray away from that. But I do think that, you know, given the positioning of a lot of big funds in the market is is that we are probably somewhere in the middle of the 1990s, maybe 97. And if anyone follows the history, like the NASDAQ doubled during that time in a very short period of time. There were barely any pullbacks. Pullbacks were sharp, but they were very quick. And unfortunately, you know, it leaves a lot of people in the dust and probably around the time when everyone capitulates is is when the top is there. Like you saw the interviews with um Stan Drunken Miller, right? Timing is everything. This dude shorted internet stocks and got his face ripped off and then capitulated and then not too long after that the market actually topped. Right? Tim, he always says timing. Timing is literally everything when it comes to this game, you know? And three weeks ago, like two, three week, no, not three weeks ago, end of March, like people thought the earth was falling, the planet was falling off cliff, right? That we were going to war and all this stuff. And to be honest, if you look at the socks ETF, like it barely had any draw down during that time period. All the draw down were the other sectors and everything was going to energy. But now today, you're getting a lot of the energy stocks continuing to sell off. Oil is kind of gapping up here. But when I say energy stocks, I'm talking about like your Chevrons, your Exxon Mobiles and stuff. Not, you know, the ETNs and not all these companies that you're invested in as well, Energy Transfer and all that, but mostly the ones that are specifically tied to pumping oil in the Middle East and making all the money there. And also, if you think about it and you look at even a lot of the charts out there, there are some stocks that haven't really that actually went up through that draw down, right? They were still up year to date, even though the SP 500 was down like 78%. The NASDAQ was down like 10%. It was in correction territory. Those were the stocks that people should have been buying, right? Not unfortunately wasn't the software stocks because even IGV was down today. Monday.com reported really good earnings this morning. They're up like 30%. Now what are they?

[00:06:11]They're up 2%. They gave up a 30% gain.

[00:06:14]Like that is the market telling you this is not what you should be in, right? And there will be a day where software stocks come back. The part the thing is is that it's not today, right? And the participation or lack of part better yet lack of participation in what's working is what's pushing it higher. And I'm not going to sit here and be bearish software like I have software stocks portfolio, right? But the waiting of semiconductors has massively taken over my portfolio. But now it's energy stocks because of the appreciation of these stocks in terms of valuation, right?

[00:06:49]Like yeah, some of this stuff is like way overvalued, right? Like I didn't think ARM was going to be above 210 bucks so quickly, but here we are today and those earnings were good, but like I didn't think it needed to be $260. Like that was pretty wild. But, you know, give us some of those gains. But like look at the other stuff. Like they're just running and some of these valuations are getting pretty egregious.

[00:07:07]But Nvidia is not expensive. And that's a five plus trillion dollar company.

[00:07:12]That is not an expensive company at all.

[00:07:14]Right? So it will continue. I think it's going to continue. I don't think it's going to be a straight line, but I do think that dips will get very aggressively bought very quickly. And the bears usually get the loudest like any like one two% pullback, right? We had a one and a half% pullback in the cues last Thursday. That thing got bought up plus more on Friday. and this push and pull thing happening with Iran and the US like the market ends up higher than where it did before that started and nothing got resolved, right?

[00:07:46]We've had oil at $110 and NASDAQ at all time high. Oil's at $100 and NASDAQ's alltime high. If oil goes back to 110, who knows what's going to happen? I can't really say what's going to happen, but there's so many catalysts happening this week that's going to continue propelling it up, right? Look at the dip on Circle this morning. Circle is at $108 this morning. And this thing, is it above 130?

[00:08:11]It's $128.

[00:08:14]That's a 30% intraday move on circle.

[00:08:17]Right. The market is bullish.

[00:08:20]It is 100% bullish right now. Stop trying to short the market, guys. I I know you guys are. I'm just saying like to all the accounts out there that are constantly saying, "Short the market.

[00:08:32]This is the top. I have the most amount of cash I've ever had in a long time.

[00:08:35]Like guys, don't fall into this trap. A lot of you guys are long-term investors and you're thinking about selling things now. Like, if you're a long-term investor, why are you selling, right? I know there's like a lot of trades that are on the table and stuff like that makes sense, you know, to trim whatever, but don't sell do don't don't cut your flowers and water the weeds, right? That that is the one thing that Peter Lynch has always said. Maybe that's not the exact quote, but that is what he said, right? Buy the leaders, don't buy the laggers. At least don't buy it heavy, and don't buy like short-term call options thinking this is the bottom. You need confirmation with this stuff. And to be honest, like it's wild. Like, I'm so I'm sorry to talk, but this is a wild freaking market, right? But a lot of the people that are calling tops, I guarantee you they're in the wrong things or they're short the market.

[00:09:28]>> Well, there's a problem.

[00:09:30]There's a very big problem with that and it's called this is the S&P over the past 10 years.

[00:09:36]>> People have been calling tops. People have been calling tops since 2000, since 1995. People are still mad the NASDAQ is over 10,000.

[00:09:44]Every time you get a downturn, it does not matter if it's a month or a year.

[00:09:49]Eventually, the market goes back up.

[00:09:51]We're just in a situation where people think that this is a trade that's exhausted without actually going through the cash flow statements or the balance sheets. This is not that. And the CPI print tomorrow is going to be very scary. If we get CPI over 3.7%.

[00:10:10]We could see a dip, but it could be a short-term dip. We need oil under 80.

[00:10:15]And long-term or let's say short term, over the next several months, I think that we're going to be in a much better place in 3 months from now than we are today. And volatility will get stripped out.

[00:10:29]These companies are not spending on capex over buying back shares for no reason.

[00:10:35]And these chip companies, I think, are still going to run. They're making a tremendous amount of money. And we're going to be at an inflection point where the largest companies in the world and the midsize companies of the world are going to expand margins because of AI and robotics. And I think we haven't even seen that yet. And to try to think that we're at a top. Here's my problem.

[00:10:57]Okay, let's say we're at a temporary top. Are you really good enough to buy it 5% down or 10% down and know when to get back in if that's what happens? Most people can't. So enjoy it and when it goes down just buy more. Too many people try to time the markets and just get caught. And but when it comes to Nvidia, this is still a very inexpensive company compared to the market going forward.

[00:11:23]And when I look at these companies, I think that we got quite some time left. Now, I will say this about energy.

[00:11:31]I think we get a rotation out of energy later this year as oil starts to come down because if we get oil at 80, I can't see Exxon and Chevron, which I own both of them staying where they are. I think they come down a little bit. I think we get a rotation back into tech.

[00:11:47]I also think that and I was talking to somebody that came to the meetup saying, I wish you were able to come.

[00:11:52]>> Yeah, I wish to. somebody that was a nuclear engineer and they were talking to me about SMRs and what they had to say was very interesting.

[00:12:03]>> So, I mean I I'm in I'm in a couple of uh energy stocks right now. Again, it's not like I I listed a lot on Twitter and I I don't want to do disservice for people that are subscribed, but and I don't want to say what it is, but like the these energy companies that I'm in, one of them sells power to hyperscalers at wholesale prices, right? They they are not a utility company. So, Vistra is a utility company by nature. They sell power to consumers. They also sell power to hyperscalers, right? But I wanted specific focus on the data center. So I wanted more exposure to that. So that's the company to get into. In addition to that, I'm also in another company that builds power generators on site at these data centers. Right? So this is all still tied to AI. Like this is why I don't know if I want to buy um 50 hundred billion dollar plus companies because like you can't get like a double in those companies. You got to get in in the smaller cap midcap space. And that's why I targeted those. I'm not saying Vistra can't do good. I'm just saying like that's the reason why I stayed away from it. Um, but speaking of oil, so if I look at the XLE chart over here, okay, so I'm going to get a little bit technical over here. So if I look at the uh XLE chart over here, this is the daily chart. This this looks very bearish, right? You're having lower highs, right? And then now you're below the 50 EMA. Looks like it's going to close above the 50 MA, which is good, but it it it needs to get back above the 20 MA. But if you look at these oil contracts here, this is crude oil, right? This is called backwardation, right? It's basically saying that current spot prices of oil are more expensive than the later contracts of oil. So people are the the market is basically bidding that oil is going to be lower later on. This is what you need to see with oil that's going to put downward pressure because as these contracts come to expiration and they become mature, they're going to roll into the next contract and they're going to continue selling oil. Like look at this. Oil one year from now is expected to be 20% lower, right? So what does that tell you? That that tells you that that tells you that market makers are not willing to bid up oil and think that it's higher price. They're speculating lower prices. So why would you be long oil from here if the market doesn't think it's going to be higher? Every single contract is lower before the other one. This is backwardation. This is very healthy for oil. If you look at the futures, I mean, sorry, if you look at the uh what was it? Um hold on a second. I wanted to pull up the uh energy stocks. So, I I showed you I sent you a link for this, but if you look at these this basket of entry stocks here, I actually need to up up update this.

[00:14:38]The NASDAQ is only up um it's only up like 20 basis points or something like that. But look at some of these oil.

[00:14:44]Look at some of these nuclear stocks.

[00:14:46]Like they're all flashing bullish right now. This is above all the moving averages. CCJ is about to close above the 20 EMA. All right. Uh CG a little bit different. Like this is this is actually pretty obvious by hundred billion dollar company. So there might be money that's rotating out of this and more into like more the speculative stuff because the speculative stuff has been working. NE is pretty much setting up for a bullish bullish chart over here. So is Oaklo, so is SMR. So basically your your um your uh nuclear stocks your I forget the exact term because you you literally just said I forget the term, but I'm not saying like hey guys Yeah. I'm not saying like go all in like these speculative sucks.

[00:15:24]These are pre-revenue. So, I'm staying away from pre-revenue companies, even though they're setting up some for some pretty nice upside. But look at the URA ETF. It's above all the moving averages here. Like, this is flashing bullish.

[00:15:34]Now, let's let's flip around. Let's look at let's look at software, right? This is still setting up for a bullish move here, but it's dramatically underperforming socks, right? So, fund manager is going to be like, look, I'd rather buy stocks here instead of instead of IGV, mostly because of the risk parameters. But if you look at the IGV socks ratio, the one that I've been always pointing out, like this is continuing to make lower lows. Like it literally cannot get above it. This is this is screaming that semiconductors are outperforming software. So, you know, when money managers look at this stuff like they're not like, "Oh, I'm going to buy like the dip heavy on IGV, right?" Because they're not going to go ahead and they're not going to pick like a five 10 billion dollar small cap midcap software company. they're going to buy the ETS usually for their clients, right? And that is ultimately pushing this higher. So, I shared with you um I shared with you this uh this ETF uh power or P, right? So, this is from Vista Shares and I don't own this, but I I own some holdings that I used to own some holdings that are in there. This is all energy, right? But not like your XLE energy like this is this is energy that provides power to data centers and basically part of the AI infrastructure.

[00:16:51]Everyone's heard of G Vernova. Let's look at G Vernova. This thing is up 65% year to date. Let's look at some other stocks that are in here. You mentioned ETN. Oh, I can't click on it.

[00:17:04]ETN 30% year-to- date, right? Let's look at Powell Industries 200% year-to date. This is what people are going into, right? It's it should really be less about I don't want to buy what's doing well because I want to be able to buy what will be the next thing and that's why a lot of people are buying software. But there is plenty of time to get into software when that rotation does happen. But this chart right here, this chart is telling you it's not today, right? You're never going to call the bottom. So why not wait until this thing gets above the 50 EMA because it certainly is not happening, right? That that you there's plenty of time to get in this again. And now to reiterate though, long-term investors, who cares?

[00:17:54]I don't know, like 20, 30 years, like who who the hell cares where things are at today? Who cares about the Iran war?

[00:18:01]This is going to get resolved. This is all going to get resolved. And trust me, if this war does not get resolved and it escalates into nuclear war, like you ain't got to worry about your portfolio, guys. You got to worry about not getting uh not getting shellacked on the street or something like that. I think that there's there's a lot of FOMO in the market. There's a lot of people that are literally avoiding what's working in the market and it's simply because they hear it from their friend. they hear from their favorite finte follower and unfortunately that is landing people in a nasty bucket where they are massively underperforming the market and it makes them worried especially if they're long for some people if they're long-term investors even though they shouldn't be worried right it's this constant cycle of FOMO and this is the reason why I do agree like this can't go on forever but it's happening right now right so somebody mentioned MRAMM I don't understand why that thing is ripping I think it's because some people think this is like DRAM, so they're accidentally buying it. But anything that has to cerebrus is is rallying today. Like Wi-Fi, ticker symbol WFI, is up 33% today, right? There's also paying PENG, that's up another 2% today. That that that chart's gone vertical, right?

[00:19:18]So it's like the market is just crazy right now. I'm not in any of those stocks, by the way. And I'm definitely not planning Are you planning on buying Cerebras? That's a stupid question. I know you're not you're not going to buy it. I know you're not going to buy it.

[00:19:29]>> I don't know. Hollis was uh trying to talk me into it. I actually started reading through it. It seems pretty interesting.

[00:19:34]>> Yeah.

[00:19:35]>> I'm probably just going to stick with Nvidia. I mean, when I look at the forward, >> I'm seeing a lot of things I'm interested in because Nvidia trades at 17 times forward and they're going to keer their EPS at 25% over the next two years. AMD, everybody wants to say, is expensive. 27 times but they're cagering at 53%.

[00:20:00]>> Broadcom I think is interesting under 20 times forward and the reason why I don't think Micron and Sandis stop they're still under 10 times and I don't know that this is the same boom bus cycle as DRAM traditionally is. People seem to forget that HBM is much different. These companies are not spending on capex for a one or twoear cycle. So, I think that this continues to expand, but I'm pro probably just going to play it safe. I think for me, safe is Nvidia Broadcom, and I'll probably just buy the ETF also as kind of a sideway to get exposure to all the other companies such as SMH.

[00:20:41]>> Yeah. So, um SMH is good. a lot of people buying DRAM which is elevating the you know the price of memory stocks and to reduce risk you know buy the ETF versus individual stocks. I me personally I'd rather buy individual stocks but I'm not I'm not in memory. I think I've completely missed on that cycle.

[00:21:00]>> I think we all did except for T.

[00:21:02]>> Yeah. Yeah. But I I you know, it's funny because I was I I was I was one of the one of the few people like pounding the table on Micron um summer last year and my this dupe sold out of it probably around like $220 and then even like flipped bearish into the earnings and I lost some money on a hedge but I easily got out of that one because I would have that was a dumb move. But dude, I my leaps that I had with Micron are like $500 $600 in the money right now.

[00:21:36]>> You know what's crazy?

[00:21:36]>> I can't believe I sold them. Like I'm so dumb for selling them.

[00:21:40]>> You know the stock draft that we did?

[00:21:42]>> Yeah.

[00:21:43]>> I took Micron in it >> and you didn't >> back on June 16th is the only thing saving me >> in the stock draft.

[00:21:53]>> In the stock draft.

[00:21:55]>> And you don't own it though. and I don't own it. Look at my >> Okay, that sucks.

[00:22:00]>> Look at this. 616 2025.

[00:22:05]Look how many losers I picked. But Micron's up almost 600%.

[00:22:10]>> You know, who would have guessed?

[00:22:11]>> Who would have thought? Yeah, >> Meta, Microsoft, Netflix, Salesforce, and PayPal would have just doubledigit losers.

[00:22:22]I you know I I'm I'm baffled by the se by the way software is just being sold off. I'm baffled like I don't know I well I mean I do know why but like it I it's it's a weird it's a weird time to be in because the the market is selling software to buy semic they're selling everything to buy semiconductors. Like it's it's crazy.

[00:22:46]And and you know what they showed me?

[00:22:49]>> That you can probably do better instead of going heavy into one company. At least for me, if you just split across 10 companies that you think is going to do well, is maybe you hit a winner. I got one that's up 570%.

[00:23:04]Emit's got two that are up over 200% in his.

[00:23:08]>> Yeah.

[00:23:09]>> Matt's got one that's up 350% and then one that's up 100%. like he's the true space mob here.

[00:23:18]>> Oh, ABCL is at $3 right now. $5 right now. They're actually reporting uh I think they're reporting on Wednesday or Tuesday. I forget which day. So, that's going to be interesting. That's something Arie's in, I think. Um but yeah, as far as the memory stocks goes, I was in a couple of memory stocks which are not your Microns or SanDisks or Western Digitals. Um these were suppliers to memory companies. One of them was ACLS that has basically doubled. Um, and the other one was Simo, SIMO. Um, I'm not in those anymore. I wish I was, but those have gone vertical. Um, so if you look up uh ACLS, actually, I'll pull it up. I'll pull up my chart.

[00:24:00]>> I'll pull it up. It's fine.

[00:24:02]>> Okay. Yeah. Look up ACL. I don't know what it's trading at today, but it's basically double from their last earnings. And I thought their last earnings were horrendous. So, uh, but look at this thing. It's 166 bucks. So, this company is basically like your baby applied materials, right? They provide they specifically focus on ion implantation uh for memory companies and they're the leader in that specific niche within memory suppliers. Applied materials is in it, but applied materials is like more in the whole part of providing machinery and supplies to semiconductors in general. Yeah, I know. I saw that post earlier. Uh Austin, I don't know how SoFi's doing right now.

[00:24:49]>> Uh they're not doing anything. They're at six.

[00:24:52]>> Whoops, hit the wrong button. Sorry, Sam. Um >> SoFi is not doing anything. They are 2%.

[00:25:00]They're 167. I don't even know who this company is primary bird.

[00:25:04]>> Um they I did a little bit of research on them. So they during COVID they got a big boost of um funds from a lot of companies investments. They're basically a UK company and they've helped company go like IPO. So like similar to you know your banks that help companies go into IPO and stuff and they did that for in the UK. Um SoFi was partnered with them back in 2024 and I guess that partnership turned into a takeover bit.

[00:25:27]So I would not be surprised if SoFi gets into the IPO market, which they already are, but deeper into the IPO market, but more on the international scale. So I think the angle with this is actually pretty smart for SoFi because there's a lot of companies like we don't know what kind of companies they're going to help IPO because they are buying all of Primary Bids assets, but if they do focus on infrastructure, there's a lot of data center companies in Europe that they could be part of with IPO. And if they fund the IP, if they fund the IPO, they basically fund all the shares before it goes IPO and then these stocks double, SoFi gets a big cut. And this is why a lot of companies push for IPOs because these banks make a lot of money on it, right? So if they find if they funded Cerebras at like $80 and it goes IPO and closed at $240 and they end up selling all their shares of the open market at $240, like they just basically made like a three times in their stock or on on their shares, right? I don't think that's exactly how it works as I'm I'm not a financial person, but I think this is actually a smart move for SoFi.

[00:26:32]Um I don't obviously the market isn't big so because if you look at all all of fintech, fintech is getting just killed.

[00:26:39]Shift for is making a new 52 week low today. All right. Um Toast I I was bullish toast for a while. I got out like 38 bucks when it broke the 200 day moving average a while ago. But like look at this thing. I don't know why Toast is getting sold off, but look, it's it's a fintech problem. This is not this is not an issue with these companies. Uh AFRM is actually doing pretty well surprisingly. Um I I did look a little bit into their earnings.

[00:27:04]They actually really good earnings last week. But anyways, um and look at that.

[00:27:08]We the Q's are back at 714 intraday high. Like these dips are just >> with oil flirting with a hundred a barrel.

[00:27:19]>> Yeah. Oh, it's at $100 right now. Well, it was a 97 a couple minutes ago.

[00:27:27]>> Oh, yeah. I dude I mean the markets >> and now Michael Bur is buying Mardo Libre.

[00:27:34]>> I saw that. I I was like I posted the other I'm like I don't know if that makes me bullish or bearish now because he own like should I be worried? This is the same guy that's shorting the software of AI, right? and shorted Nvidia and is now underwater by like 30%, even more in those puts that probably expire at the end of the year.

[00:27:55]Like, do I really want this guy to buy my company right now? Like, I don't know. But Mata Libre is a great company.

[00:28:01]I'm not going to lie. It's a monster company. I have not added to it because it goes against my rules of adding to knives, falling knives. So, I have not added to it. It's crazy how this is making new 52- week lows today. Uh, but the market is very worried about their margin compression. Uh my argument is that look there the reason why that their margins are compressing is the same reason my grabs incentives went higher. It's a fuel issue. Guess what happens when oil comes down? These will come back. But like you got to have balls of steel to hold on to these companies, right? So that's something that you know emerging markets is just not doing good. Uh thoughts and apploving.

[00:28:43]Where's that at today? Uh I mean that chart is still bullish. Um, you know, this is a result of I hate to give like this default answer all the time, but look, these the market is selling everything to buy semis and energy right now.

[00:28:57]>> Yeah, >> it's egregious, but that's just what's happening right now.

[00:29:02]>> You know, >> at the same time, you have the largest hyperscalers putting so much toward capex and it does not seem to be slowing down.

[00:29:12]Taiwan semi would not be building more fabs. Micron would not be building more fabs if there wasn't more demand in the future. We're not peak demand yet. And they're the ones that have the greatest insight into what is going to happen based on the orders coming in from Nvidia, AMD, and Broadcom.

[00:29:32]If they're expanding capex at the rates that they are, I have to say that this is at least a three to five year, maybe five to sevenyear cycle. They're not going to spend tens of billions more in capex just for a one-year demand cycle.

[00:29:48]This is going to be, in my opinion, more exhausted than it feels. I don't even think it feels exhausted. A lot of people are. A lot of people are calling for a top. We haven't even seen humanoid robotics or FSD enter the picture yet when it comes to what is on the table. I don't even know that we are near the end of the data center build out.

[00:30:10]>> That's why I'm sticking with Nvidia.

[00:30:12]They're just to me the gold standard.

[00:30:14]>> So, I have another chart. I I share this stuff in X. Like a lot of my research is on X.

[00:30:20]>> Yeah. If you're not following Sam, he posts a lot of stuff on X. You guys should absolutely follow him. So I posted this last April 26, right? And this is from Black Rockck. Look at the estimates as of the medcap earnings. 31% year-over-year growth for capex.

[00:30:42]31% next year. So we had 31 and we're going to have a 31 again. Then we're going to reacelerate to 34% the year after that. I think these 25% 19% I think that is low. I don't think they're going to continue to accelerate in 2029, 2030, but I think it's still going to be high. And I do think that this $800 billion in capex. I think it's going to be close to 100 to1 trillion dollars by um 2028, which means there is a lot of upside for these companies. So you have Micron and Samsung and and SKH Heinix, they're getting locked in contracts from hyperscalers for like five months, five years of supply, right? So they're reaching into their pockets and paying for it up front so they can lock in today's prices. Like that's what these hyperscalers doing. Now that's probably not the way you want to see because then that means that look if they buy out the next five years then where's the earnings growth after the next few quarters once it gets priced in. I don't think that Jensen Wong and uh all the CEOs of these memory companies are that dumb enough to not see that. Uh I I do think they're very smart in how they're going to do the financials engineering and I think that this is going to fuel the bare case which unfortunately is propelling the stocks higher. But I mean you got that chart. There's also there's also the um where did I where do I have it?

[00:32:09]Okay. So there's also Nvidia. So they're reporting next Wednesday, right? They've accelerated revenue for the last three quarters. Like look at this massive acceleration. People are like, "This is the top. This is the top. This is the top." And look look at last quarter for data center and look at look at look at two quarters ago. Look at last quarter.

[00:32:27]This is insane. This is like a small cap midcap stock. But no, this is a $5 trillion plus company. What do you think is going to happen next quarter?

[00:32:36]>> Oh, you're going to see guidance off the charts, I think.

[00:32:41]>> Yep.

[00:32:41]>> I really do. Uh uh Nvidia is when you look at what AMD h did when you look at I think the number was 54 or 56% of their revenue came from AI data centers.

[00:32:55]>> Yeah. Yeah.

[00:32:56]>> There's no way that if AM and this is what that tells me Nvidia is fully subscribed. So people are picking up the chips that they can get their hands on and that's rolling down to AMD and Broadcom. Nvidia is just launching Vera Rubin now. There is no way that we're gonna see a steep drop off of anything.

[00:33:16]We're going to have another quarter or two of acceleration.

[00:33:20]>> Yeah, man. And um I'm going to talk about every pure in a second or previously known as pure storage. And the reason why that thing is running, it's mostly because of the memory play.

[00:33:29]Oh, I asked Jason about that this weekend because he was talking to me about Rackspace and I told him we actually used to use I asked him about Pure Storage for a very specific reason.

[00:33:40]>> Yeah. So, well, let me bring up this chart first and then I'll talk about Pure Storage because a lot of people probably wondering why that thing is up so much. Um, it's because Stock Talk bought it. No, just kidding around. Or maybe I'm not. But anyways, um, and Shai bought it too. Got to give Shai credit on that one. Uh so check out this chart shared this last weekend.

[00:34:03]>> Yep.

[00:34:04]>> Right. This is your share of electricity used by data center set to increase three times by 2030 energy right here.

[00:34:11]This is accelerating.

[00:34:13]This is accelerating. Right. So a lot of the data plays have been very obvious, but I don't think that run is over. I think it's going to continue because there's a lot of names on this list that I provided that are in the entry sector.

[00:34:24]You don't have to buy every single one or whatever. I'm not in all these guys.

[00:34:26]I'm only in a couple of them.

[00:34:30]Yeah, I'm in a couple of them and I'm looking to get more exposure. Right.

[00:34:36]There's other companies that I'm looking at that one might be something that has been overlooked for a while because it's been in a massive draw down and they are they are accelerating uh an energy a battery storage segment that they have not really been focusing too much on.

[00:34:53]Um, and they're expecting like 20% plus growth uh next year, which is pretty interesting because that might have been the bottom of that stock. And then there's also another stock that I'm looking into in the energy segment. Um, but I'll be I'll be posting about that stuff anyway, but I'm obviously not going to like, you know, not going to say everything, but because I'm not even in it yet. So, I would have to get in it before I even like, you know, say anything, but um either way, like I haven't pulled the trigger yet.

[00:35:19]Um, but I am looking for more energy exposure. But like these are some names that are doing very well. This is a Capstone is a popular energy is a popular OTC company um that a lot of people were very bullish on uh last week and where's it at today? It is still at $10. So I'm avoiding OTC, but like this thing had a major pop last week and when that happened I was like oh I don't know if I want to be in this one anymore. Um, anyways, I'll get into Evipure. So, Evie Pure used to be uh named uh Pure Storage. Ticker Sim used to be PTSD. And they don't build these they don't build um the hard discs themselves. They they don't they don't uh fabricate any memory chips or anything. They basically build storage arrays. And the reason why storage arrays are pretty important is because they have a lot of redundancy and they increase a lot of throughput by basically displacing you know RAID.

[00:36:21]>> Yeah.

[00:36:22]>> Yeah. So basically displacing a lot of discs in one whole rack. Um so that way it's like if you if a server is writing to like just one disc it'll depend on the read write throughput of that one disc. But if you have an entire array then it's like writing to each one of them in in separate partitions. And then you also have parody which is basically backing up whatever and displaced across the entire array. Anyways, um this has been something that's been used for a while but they're doing it at a very large scale. And the reason why this is important is because everyone's been focusing HBM because these are the memory stacks that are integrated on the actual chips themselves. But when you think about either SRAMM or nan NAD ND right flash memory and so on which is what is in your phones and everything.

[00:37:07]This is important too because not only you're writing static memory, but you're also doing it very fast and very quickly to the point where look now you have a lot of dynamic memory available but now you actually need to store this memory onto a drive but that drive needs to be accessible very quickly due to the amount of inference that's being used on it. Right? So inference has been something looked at more in the edge scale but now we need to start thinking about the ondevice scale. Right? So running these models locally in your devices which means a lot of reading and writing on your disc themselves and that's where every pure come in uh by creating those storage arrays for companies. Now it's a $90 stock now which is crazy. So either someone knows something or everyone's aping into this thing. Um but this is um this is a really good company. I wouldn't be surprised this is over 100 bucks soon.

[00:37:57]Um, but uh I I'm not I'm not in this one big and I don't really call things out because stock talk is in it. So I'm not gonna be like, "Hey guys, I call this out even though stock talk was in it, but like this thing is just running." So um that one's doing pretty good. Uh the company name was Every Pure. Someone said at 10:46 a.m. Every pure my time.

[00:38:17]Ticker symbol is P. Uh if you search that on Twitter, like everyone's talking about it right now, but that's the reason why that one's running.

[00:38:25]But yeah, man. I just throw a lot at you and I was supposed to be on for a couple minutes and >> all good. Love hearing me talk about it because you follow the uh tech side a lot. I think that the viewers really enjoy it and it's a great amount of information that you provided. And look, the the reality is that this isn't stopping. Can we get a pullback? Yes. As CPI tomorrow, can that give us a 3% down day? Maybe. But long term, we're set up to do well. And there's a lot of macroeconomic factors that we have to look at. There's also a lot of realistic factors that regardless of oil being over 100, that's not stopping anybody from spending money on capex. That's not stopping the investment cycle. And we have not seen the investment cycle really start on enterprises with tokens.

[00:39:16]You will see totally as a line item in budgets >> that you will always have variance reports going forward on that will be an embedded line item the same way that you have your headcount or anything else on >> it. It's amazing because I think people need to watch an interview with Arcadia Velo last that I've been like posting like five or six clips about all weekend. And I don't just post the stuff because like oh this is really cool. I like this guy. I own a lot of this stock. So I really I'm a cheerleader, right? No, because everything he's saying is like what's been reiterated everywhere, right? He he spent like five or 10 minutes talking about tokenization and how like that's the next wave, right? So what you do is you do more research on tokenization companies that are building toward that and those are the companies you might need to look to buy, right? That that is how you take this and implement it into your research by getting ahead of that. Right? So I've been trying to do some research on that, but I feel like I'm already in it. I'm already a Nebus and they're a large contributor toward that. So you can find that on my apps but I also have links to the actual interview. So when you think of tokenization like this is basically part of the whole inference right the more inference you're doing the more models you're running all the time is the more tokens you're using and like you have to end up paying anthropic or jbt that amount of money right and I mean anthropic 88 times one quarter like it looks like a lot of people using tokens I'm guessing like I don't know I'm just guessing um but even in hyperlquid anthropic is like almost a trillion dollars which is probably the reason why you're seeing all these other data center stocks like the private market knows about it. They're sniffing it out and they're buying it and that's what's bring it back up. And yeah, I mean I don't know why Nvidia is still $220. Like this should be a $250 stock.

[00:41:06]>> I agree and thank you, Pedro. Really appreciate it.

[00:41:09]>> We're in the midst of a 2023 Nvidia moment, but it's expanded to memory and data centers. I absolutely agree.

[00:41:18]Chelse, thank you for putting Sam's X account. Please follow Sam. And I'm gonna leave everybody with this that >> May 20th in video reports. It is going to be very important. But there are other things that we have to look at and keep this in mind. Regardless if we go up or down from here in the long term, the markets are likely to go higher because we are likely to see corporate earnings expand. And we are at the very beginning. When you look at where cloud was, cloud has been a thing for more than a decade now and companies are still getting on the cloud bandwagon. AI has a very long runway and this can broaden out to many other companies including the financials. There's a lot of places to look and my own personal opinion is that this is nowhere near over. Now, I don't know if it's going to go down tomorrow or over the next week, >> but for the long term, when I see the development that these companies are putting out there, >> there's a lot of alpha to be had. And I'm picking spots. My spots are probably more conservative than a lot of other people. But I do believe, and I agree, this feels like an Nvidia 2023 moment when Chad GPT came out. I just don't think that we've seen the last of this.

[00:42:40]That's all.

[00:42:41]>> Which is crazy to think about because 2023 we were still in the 20% draw down the NASDAQ and I remember how loud the bears were during that time. Um I bought Nvidia in like March during that banking crisis situation with SVB and I still remember just how many people were so bearish. And it's unimaginable because we were still in a draw down during that time. But today we're at all-time highs and no one believes it. No one believes it. It's it's like guys, it's right in front of you, right? People are losing jobs. They're getting companies are getting ahead of like it's not like jobs are being replaced by AI today, but companies are already finding efficiencies using AI that they don't need to have all this bloated headcount that they had since COVID. Right? So, it's a lot of bloated headcount that's getting terminated and they're not like it's not like they're not going to hire these people back, but they're probably going to hire people back, but it's going to be in specific job skills that they're looking for versus the gloat that's been around for a while. And I do think that that's probably going to continue unfortunately. And it sucks because it's like people have to lose their jobs and everything. But like from the stock market perspective, guys, like this is, you know, you you got to invest in what you really believe in and just don't buy stocks that your favorite YouTuber or Twitter person buys. Like do the research and get the conviction because when that pullback inevitably happens and you're buying today and you don't really know two things about your company, you're going to get shaken out and then it's going to get it's going to bounce and then you're going to be like, "Oh, damn. I shouldn't have sold that stock." But if you did the research and you understood things, you would not have sold Nvidia at $192 the other week.

[00:44:28]You would have still held it today and been up like 20%. Right? So that that's why you need to do your research, build your conviction, own it, and don't worry about the next couple of weeks of moves.

[00:44:40]Just make sure the thesis does not break. Wait for those earnings. See what prints out. See if they're growing on the specific sectors you're looking into them growing. Make sure the gross margins don't contract for the wrong reasons. Make sure they're gaining market share. all that stuff. That is what you should be doing. Not looking at charts, buying calls that expire two weeks from now and they're getting shaken out.

[00:44:59]>> Yep. So, we're going to end it there.

[00:45:02]Very important what Sam said. Just because somebody on YouTube or somewhere else likes a stock, that does not mean it's going to go up. Just because Samurai like a stock does not mean it's going to go up. So, do your own research. Sam, what time you going on?

[00:45:16]>> Uh, I'm probably going to go on an hour.

[00:45:18]Um, but I'm going to be doing the Nebius earnings um, Wednesday morning. So, make sure you tune in live. Um, my YouTube is youtube.comsam_badawi.

[00:45:33]So, whatever you see here in my caption is the same thing you have for YouTube.com.

[00:45:39]But yeah, guys, Monday through Thursday 2:45 PM uh for an hour about I think whenever they have like a big earnings or something, I usually don't go live during that time that day. I usually go live, but I'll say it on Twitter. But yeah, man. Uh hopefully uh the Dallas one, I'll probably see you there. Or Dallas or Houston, whatever the Texas one is. I'm definitely going to that one.

[00:46:00]>> Yep, I will be there. All right, everyone. Thank you very much for tuning in. And I will be live tomorrow at 11:30 a.m. I will be live later tonight. Also, Sam will be live in about an hour. Thank you everybody for joining. Really appreciate it.