Full transcript
0:00Hey guys, welcome to a new video. So,
0:02the big news of course is that the Fed
0:04did go ahead and hike rates yesterday by
0:0825 basis points for the first time since
0:12July 2023. And of course, Trump isn't
0:15happy about this. He then tweeted
0:17something about interest rate should be
0:20at 1%. He's not a happy man.
0:22Um but of course, this was kind of
0:24priced into the market. So, it didn't
0:27have too much movement. Um I think the
0:30Nasdaq was almost flat, like down
0:32slightly, but there wasn't too much
0:35movement because a lot of it cuz this
0:37hike was kind of pre- priced in.
0:39Um we've had a lot of kind of volatile
0:42down red days, I guess, um in the past
0:45week or so that's kind of priced this in
0:47um for a hike because of inflation. So,
0:50you know, actually All Tie, look at that
0:52on the right, up 2.81%. Go on, All Tie,
0:54we need a recovery.
0:56Um finally, some signs of a little bit
0:59of growth from All Tie. It's good to
1:01see. AGGY up 2.3%.
1:04SOXXY T-Dax is up 0.45%
1:07there, so half percent. Blocks, um
1:10most things pretty flat. What did badly?
1:14MLPI, mining. So, mining and metals,
1:17LFTY, crypto continue to do pretty
1:20badly, I think. Um SpaceX up 5.11% XSHP.
1:27SMCY did all right. AMD's back on seems
1:30to be rallying a bit again. Let's have a
1:32look at the chart. Yeah, it was down
1:34AMD, AMDW.
1:36Um probably a good dip to buy. Looks
1:37like a nice area of support there and
1:39then it's had a little rally. We're
1:40getting back into the 500s in the stock
1:44price for AMD, the underlying. Uh what
1:47else? Yeah, not too much and then crypto
1:49and Robinhood getting hurt. So, Coinbase
1:52has not had a good week. Double whammy
1:53really for crypto because the Clarity
1:55Act did not pass. and then of course uh
1:59an interest
2:01rate hike, which is not good for crypto.
2:04That means less liquidity. Generally,
2:06the Bitcoin and crypto market does not
2:09like that sort of thing.
2:10Golden metals not doing too well either.
2:13So
2:15What I want to talk to you about today
2:17is just what I'm seeing in the market,
2:19some things that have held up
2:20surprisingly well, and I've got the
2:23opportunity scores of updated them for
2:26both the core income ETFs and the single
2:28stock ETFs. But of course, before we get
2:31into it, this video is not financial
2:32advice. This channel is purely based on
2:34my thoughts as I navigate my own
2:36personal investment journey. Please,
2:37please, please, always do your own
2:39research. So
2:43yeah.
2:44I mean, energy was down a bit.
2:47Anyway, let's get into what I think's
2:50holding up because
2:53This is TMGEN. Now we've spoken a bit
2:56about TMGEN. It is the Magnificent 10
2:59Growth and Daily Income ETF from the
3:01guys at Tap Alpha. Really like it. It's
3:04fairly new. I bought into it when it
3:06dipped. It came out, and then we had a
3:08bit of a dip in the market. And so I
3:10bought where we're in fear, or maybe we
3:12had some extreme fear around here. I
3:14can't really remember. But anyway, I was
3:15buying it. You can see these blue dots.
3:17This is Snowball Analytics, by the way.
3:19I've got a 10% discount code for
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3:25You can time all your entries. You can
3:27see what's going on with your portfolio.
3:29Just love it for every single position.
3:31It's great.
3:33Anyway,
3:34total profit is still 11.8%. Look at how
3:37well TMGEN has held up. We're in Okay,
3:40so this is where we're at. We're at
3:41We're at on the edge of extreme fear.
3:44We've got a fear and greed index score
3:46of 26. So we're literally between fear
3:49and extreme fear. We're getting into
3:53this category, extreme fear, um where
3:55there's generally a lot of opportunities
3:57in the market. That's That's the time
3:59when I really like to deploy quite
4:01heavily and buy into these income ETFs.
4:04But, the ones that I like to buy, well,
4:06like TMGEN is holding up so well. Like,
4:08we were down. I've got an average price,
4:10which is this dotted blue line here, of
4:122240.
4:14And it's still sitting at 2487. It's
4:16barely done anything. So, the implying
4:20that the Magnificent 10 is holding up
4:21very well. This ETF is holding up very
4:23well. Still in uh over 11% of total
4:27profit, even though it's very new, up
4:2911% capital gain. So,
4:32I wanted to get into TMGEN and get some
4:34more exposure to it, but it's not
4:36dipping enough for me. On one hand, this
4:38is good. It shows that this is This is a
4:40sign that the ETF is
4:42will perform very well, and it's holding
4:44up extremely well. On the other hand, I
4:46want more exposure to it, but I want it
4:48to dip more. I want it to come down to
4:50more like, you know, $22 before I start
4:53getting,
4:54you know, start buying into it again.
4:55So, a little bit It's like one of those
4:57things where it's like, yeah, it's good,
4:59but I also want more exposure to it. So,
5:01anyway, TMGEN holding up very well. Let
5:04me know if you hold this one. Really
5:05like it. Um the next one, TDACs. You
5:08know I love TDACs. Um and again, it's
5:11like we're in
5:12fear and greed of of almost extreme
5:14fear, 26.
5:16But, TDACs has not come down too much.
5:18My my average cost price is here at
5:202140. I'm still up 16% if you see down
5:24here on the right, uh total profit of
5:26almost 17% still up in a capital gain.
5:30And yeah, it's just not come down as
5:33much as I was hoping to try and grab
5:36some more shares of TDACs. As you can
5:38see, I was buying quite well in the dip
5:39in extreme fear back at the end of
5:41March, beginning of April, and that's
5:44when I like to do most of my buying, and
5:45it just hasn't dipped enough for me to
5:47really get into it.
5:48So, I'm not going to be buying T Rex
5:50unless it comes down a bit more, even
5:52though I would love to. All right, next,
5:55G Rex as well.
5:57This is the Global Equities Income ETF
6:00from the guys at X Funds. Really like
6:02this ETF. Yeah, bought into it in one of
6:06the recent dips. I bought a couple of
6:08times and I bought a dip here, but it
6:10was actually a much lower than this.
6:11This is a little bit misleading because
6:14my average cost price, as you see with
6:16This is the accurate one, this dotted
6:17line down here. So, my average cost
6:20price is 14.22 and it's currently at
6:2315.51. So, again, I'm up 10% total
6:26profit, 9% capital gain. So, it's it's
6:28not dipped enough. Again, I'd like to
6:30get more G Rex exposure. Like these are
6:32my core ETFs that I want to buy more of,
6:35but they're just not down enough. It's
6:37like one of those in between things
6:39where the market's kind of bad, but
6:42my core ETFs that I really like, I just
6:45not down enough for me to start buying
6:46into them just yet.
6:48So, it's interesting times. So, and
6:50that's what I'll get into is to what are
6:51the actual opportunities in the market
6:53considering we're at a fear and greed
6:55index score of 26. If these aren't down,
6:57what is down? You know, that that that
6:59begs the question. Well, Chippy is one
7:02that is down a bit more. So, this is my
7:04Chippy position.
7:06Obviously, it had a high
7:09of $90 basically back at the end of June
7:12and it's now down to 63.48. I think this
7:16is a great price. I think this is a a
7:17nice pullback on Chippy.
7:20Obviously, I was buying very well when
7:22we're in extreme fear and before we had
7:24the big rally in semis. So, my average
7:26cost price is much lower even than where
7:29we are now. My average cost price is
7:30$56.
7:32So, I'm still hesitant to buy anything
7:35above $60 in Chippy. I just don't want
7:37to be increasing my average cost price
7:39too much.
7:41And I would rather be patient and wait
7:43for a a kind of a more meaningful
7:46pullback. And I think for me anything
7:48under 60 I would be paying very close
7:50attention to. Probably 58, 57, that's
7:53the kind of area I'd be targeting to
7:55then actually deploy some cash and get
7:57into it. Cuz still look, I mean a total
7:59profit of 37%.
8:01Uh almost two and a half thousand
8:03dollars and a capital gain of 12 and a
8:05half percent. Um so I'm still in quite a
8:08good position on this one. So I I
8:10even though it's a really nice pullback
8:12at the moment. If I if I didn't have
8:13exposure to it, if say I didn't have
8:15CHIPY as a position of mine, I'd
8:17probably start getting into it now,
8:19small small bites. And then as it comes
8:21lower I'd deploy more heavily.
8:24But for me as already have you know, a
8:26small amount of exposure to it, I
8:28already have a position in it. I really
8:29want to wait for it to come a bit lower.
8:32So, yeah, all my kind of core favorite
8:35ETFs not really they're all holding up
8:37really well, not really down too much
8:39even though we are in quite a fearful
8:42time right now. So what are the
8:44opportunities? I hear you ask. Well, I
8:47have updated the opportunity score for
8:50the core ETFs.
8:52And just did this today, so it should be
8:54pretty up to date.
8:56And you'll see that SPC I is still at
8:58the top of the leaderboard. It is still
9:00down, it's under $20 I think.
9:03Uh sorry, bear with me. Excess
9:06SPCI,
9:08where are Let's just change this.
9:11Do it, boy.
9:12So yeah, 1975 and I think
9:16anything under $20 is a good buy for
9:18SPCI. I've talked about it before, so I
9:20won't talk about it too much. There is
9:21an AUM element to it, so
9:25the assets under management isn't super
9:27high and it's Tuttle Capital which have
9:29liquidated ETFs in the past, so that is
9:31a consideration.
9:32But as a thematic space play I really
9:35like it. KSLV silver is down. So, that's
9:39a potential if you like silver
9:43or if you've been considering getting
9:45into metal, silver's down 3% yesterday.
9:48It's down if we go 6 months instead.
9:50Obviously, it had that big rally and
9:52we're now getting near the zone of where
9:54we were at this bottoming. So, KSLV
9:57could be a very good opportunity. Also
9:58think gold.
10:01Gold's getting into a very interesting
10:03zone. But, I
10:05I personally like mining.
10:07It's It scores lower,
10:10but it's because it's very new. There's
10:11less data, but I think mining
10:14is one that I would I'll probably go
10:16mining and a bit of KGLD. I think that's
10:18a good potential kind of combo option
10:21right now.
10:22Um if we look at the mining
10:25ETF,
10:27see, it launched kind of during that
10:29rally.
10:30Um so, that's why the opportunity score
10:32is kind of skewed on it. Um
10:35but as you can see, it went down and it
10:37showed a decent amount of recovery here
10:39and it's down again. If it gets down to
10:4135, if it gets under 36, I'm probably
10:44going to start positioning mining cuz I
10:46do really like I've spoken about it
10:47before, but it's a basket portfolio ETF
10:50from YieldMax. It holds all the metal,
10:52silver, copper, gold mining companies
10:56um and it's got that around 30%
10:58distribution rate because it's one of
11:00those YieldMax ETFs which is going off
11:02to both growth and income. So, that's
11:04why I like it.
11:05All right. So, that's a potential good
11:07opportunity. Uh BLOK is of course
11:09because crypto's it had that rally and
11:12now Clarity Act got rejected and we've
11:16had a
11:17hike on the interest rate. So, that is
11:20not good for crypto as I mentioned
11:21before. So, BLOK is Where is BLOK now?
11:24Still above 13. My average price cost
11:27price on BLOK is about 12.60. So, I
11:30think anything under 13, anything low
11:3213s to be honest, is a good price. I
11:35think it's a good considering the upside
11:38potential that I think Blocks has got, I
11:40think it's a great buy at the moment. Um
11:42anything under
11:43anything under 14 really, but anything
11:45under 13.50, anything under 30. If it
11:47drops below 13,
11:49that's an epic buy
11:51in my opinion. But,
11:53always do your own research, of course.
11:55DRMP, I like Dreamy better as we've
11:57talked about it a few times in comparing
11:59the two, DRMP and Dreamy. Let's have a
12:01look at that. So, DRMP has got a score
12:03of 70.
12:05Um
12:06>> [clears throat]
12:06>> what's it looking like? DRMP, yeah, they
12:09were pretty flat yesterday. But, as you
12:11can see, it was dipping. It's not quite
12:14down. I'll probably
12:17Yeah, if if Dreamy came down to maybe
12:2143, 42, I'd be very interested in
12:24starting a position in that one as well.
12:26It's what I'm trying to save my money,
12:27build up this cash reserve cuz if we do
12:30get into
12:31>> [laughter]
12:31>> Excuse me. proper extreme fear, I want
12:34to make sure I've got enough dry powder
12:36to start deploying into some of these
12:38favorite uh income ETFs.
12:40Especially if we get movement down in
12:42the likes of TMGEN, TDAC, CHIPY,
12:45I want to be all over that.
12:47So, yeah, CHIPY has jumped up the
12:48leaderboard a bit. Um
12:50its score has jumped up cuz of the
12:51pullback seems to be getting bigger. Nuk
12:53X, Nuclear is down quite a lot, so
12:56that's an opportunity. And then,
12:58obviously, you've got the ones that have
12:59been doing well. Hacky has been doing
13:00very well because of AI, so
13:02cybersecurity
13:04is is kind of like a hedge, I guess.
13:07Um T-Spy cuz the Nasdaq and the S&P
13:10actually haven't been performing that
13:12badly considering how bad
13:15the sentiment is, how bad the fear and
13:16greed uh index is scoring. So,
13:20those are
13:22the core ETF opportunities. What about
13:25single stocks? I ran this as well, and
13:28of course crypto has had a rough few
13:30days with the Clarity Act and with
13:33interest rate hikes. So, they've gone
13:34back up. Coinbase has done badly in the
13:36last couple of days. I think it was down
13:3812% on the news of the Clarity Act
13:42getting rejected.
13:44So, potentially good opportunities, but
13:45these are very risky ETFs. You have to
13:48obviously um have a thesis on Bitcoin
13:52and crypto and believe in the
13:53underlying. They are very volatile, they
13:55are very risky, plus they've got the
13:56added leverage cuz they're round here
13:58weekly pay ETFs, so an extra 20%. So,
14:01it can go up. It's got good potential
14:03upside, but it can also get destroyed on
14:05the downside as well because of that um
14:07extra exposure, that leverage. NFLW ABW
14:11AVGW, so this is Broadcom, this is
14:14Netflix, and I like both of these. I
14:17prefer Broadcom, and I've been buying
14:19into this. I I bought another bit
14:21yesterday actually. Broadcom dipped a
14:23little bit lower. We should have a
14:25little look at the Broadcom chart AV or
14:28AVGW
14:31because
14:33>> [snorts]
14:34>> Where is it? Yeah, let's go 1 year.
14:37Let's [clears throat] go all.
14:39Yeah, so we had that rally. Broadcom
14:42AVGW's up at 61, it's now down at like
14:4531. But, it has good potential upside. I
14:47think it's very I think Broadcom is a
14:50good buy right now. I bought again in at
14:5231.10, I think it got down to. I had a
14:55limit order on it, and I'll just keep I
14:57think my average price is still around
14:59$40, so it's not amazing, but that's
15:02what I want to cuz I believe that
15:03Broadcom will will do very well.
15:06Um so, that's I prefer that to Netflix.
15:08I think Netflix I think for if Netflix
15:12the stock comes down lower than comes
15:15back under 70, I think that would be a
15:18good buy. Let's just have a quick look
15:19at the NFL
15:21W.
15:24Yeah, it's not too pretty, is it?
15:26Cuz they launched at a bad time, then it
15:28rallied a bit.
15:29And then it was around here. Yeah, 1490.
15:33See, it hasn't reached that low yet. If
15:35we get back to that low that it hit
15:37around high 14s, I'd be interested in
15:40starting a position in NFLW. I'd be
15:42interested to hear if anyone has a
15:44position in any Netflix income ETFs. Um
15:48there's obviously Amplify is the
15:50YieldMax one, I think. NFLW
15:53I'm not sure if there's any more, but
15:55let me know if you have a position and
15:56your thoughts on Netflix going forward,
15:58cuz it does look like an interesting
16:00opportunity at the moment. So, I am it
16:02is but I'm trying to avoid these single
16:04stocks, but they're just so tempting
16:06because the the index ETFs and the
16:09baskets are not down, they're not been
16:11beaten down so much, so my core ETFs, so
16:14your CHIPYs, your your TDAXs,
16:18um
16:19any of the S&P, Nasdaq 100, TMGEN,
16:22they're not down that much for me to be
16:24buying them. So, I'm start I'm finding
16:26myself looking at the single stock ETFs
16:28when I'm supposed to be
16:30not getting in so so into them, but I
16:33just think Broadcom's a good
16:34opportunity.
16:36>> [snorts]
16:36>> I also think Uber. Robinhood's had a bad
16:39few days, that's why it's gone up the
16:40leaderboard a bit. Um and then of course
16:43at the other end of the
16:45spectrum, we've got AMDW, cuz that's
16:47actually been going back up again.
16:48That's had a bit of a rally recently. Uh
16:51and Apple. Nvidia's scored quite low,
16:54but it's just not been doing too much, I
16:55guess. So, anyway, I will I just thought
16:59that would be of value. We've got the
17:01single stock ETF opportunity scores and
17:04of course the baskets, the core ETFs
17:06opportunity score. Um let me know your
17:09thoughts on this, your thoughts on the
17:10market, on
17:12uh the rate hikes, on what you think the
17:14market's going to do in the future, how
17:16you're positioning yourself, what are
17:17you buying, what are you looking at,
17:18what's high on your watch list. Would
17:20love to hear your thoughts in the
17:21comments. Otherwise, guys, I'll leave it
17:23there and I'll see you in the next one.
17:24Cheers.