Market Monday 2.21.22

Nasdaq negative for the last 12 months. how long will this downturn in the market last? 18-19 months. 

It'll last. Russian stuff. If Pudin agrees not to attack the Ukraine. 

Hyper Inflation, gig economy. crypto, all signs of a downturn. 

Build companies that build real value. 

18-19 months then we'll be good. 

Peak in February, NASDAQ then huge pullback. Why October not as bad? it cant be bad all year. 

**Make sure your strategy in investing works in every market. 2 stocks, 2 index. Ian told people, storm was coming. help you guide you through it. choppy 24 months. **

2020 was an anomaly. invest collectively. 

JP Morgan says McDonalds, target, dollar general, maderna, ex, elion and B, exe exxon corp. 

dollar general, 

Moderna, rise during pandemic. 441 now at 145. CEO sold 400 mil of stock and retired? report came out he didn't do that. news like that, sends out fear. they dont fact check, and stock came down. real price of Maderna should settle at 175 and settle back up. great up, anything that goes up really fast goes down. 

normal market, Maderna will be fine. a good 4th if you will. whatever hedge fund put that news out (can't prove it). 

look at average returns we'll do 7-15 percent. crypto will do 25 to 28 percent. 

when you are out, look at the foot traffic, if numbers they are reporting are reflecting of what they are doing. look up average sales price and the foot traffic when you are out. 

Target biggest welfare recipient(?) and underpay their employees. 

Microsoft has the most indestructible business model there is, more than apple. apple and micro doesn't even do social media well. 

Watch how Berkshire will move into Crypto next year. People will say one thing and do another. 

In addition to investing in the market, you have to build a business. best way to amass wealth.

Kanye West, DONDA2 only available on Stem, his streaming platform. he put it out in the first album. Stem allows you to make your own sound from the content on there (use the beats from his songs). netted 100 profit of those albums vs 12% of the main players. game changers. its Kanye west, amount of finance that it took to get the stem player. can every artist do that? $200 a pop for 12k sold. will it change the game? not every artist is billionaire status to develop a platform. 

Fat joe- when I heard 'in the club' I couldn't front. make an offer so good even your enemies cant resist. 

Steve Jobs- came in  your industry and tore it apart. business owners, find a way to innovate. Clubhouse fell apart? name company that you buy from or buy to that overwhelms you with greatness every time. 

19 keys- next step is to set up a platform. creating platform and marketplaces. 

ad deals- 

Gary V is my guy. 

Ian explains why he thinks apes NFT are racists.

***monkeys and apes. They are selling us imagery of us that we don't agree with and calling it art so that they can wash the gains they made off crypto. **

It's like when J-Z buys art. evade taxes by buying high quality art, dont sell. hold for couple of years, sell at profit. 

class war- super rich vs poor. we have to build faster. 

Why should we be concerned with Canadians withdrawing money from banks? Covid restrictions have caused protests. 

we're gonna freeze bank accounts without court order (not even lawful). people who are obstructing justice would have their assets frozen. 

What happens when I take money out and put it in an asset that you cant freeze and cant trace (shut out to crypto). not taken vaccine is an issue through all of North America. 

truckers are going on strike. if that happens here, makes a great case for crypto. the banks don't have solvency of cash that we think they have. 07-08 kind of fall if people start taking their money out. 

They are not doing series A anymore. google debt clock, it continues to run up. something small happens in another country when it happens here, its a big deal. the thought alone, the idea is there. 

Gofundme 9 mil raised for truck drivers, that was shut down. truck drivers didn't want to take the vaccine, strike at border. causing a lot of problems. strike has lasted a long time. money was raised to support themselves while the strike was going on. 

Trucking is crucial business, keeps everything going. 

2 years later, still extremely Covid rules. Canada for free health care, extreme government control. (its like having bad parents). 

Shopify good price to buy.

** Homework for everyone: whatever all time high of last 10 years, mark it off. divide that number by half that's where you want your secondary order to be. do 75% off and that's the first order. 

Everyone is buying everything too high and hoping it continues to go. **Reminds me of the futures trading***

***Prices always go down to the averages***

mark off where half off (that's like the EMA).

Price: 

Shopify I like it at $591. I like it at 644. It's at a price where it should be.

When I had my big losses, that's what made me 

1000 ticks last week. 

********************

DOW to raise 4 mil to buy a team?

Ian: brilliant. the people will own the time, having shares. 

decentralized autonomous organization, multiple owners. 

*******

Pudin, rules with an iron fist, ruling for 20 years. there's a president of Russia. two ruling people in Russia. two ruling officers. he's voted but he has no power and no one knows who he is. 

how serious is the Ukarine and Russia situation? will skate around topic.

manifestation of 50 cent as president of united states. 

Russia, china team up boom america is taken over. very possible. influence of china. gotta get affairs in order. weak population- bad food, water, bad education for so long. 

Pudin is president, voted by the people. 

Head of government is prime minister is McCowell MisHustain, leader of cabinet.

President appoints prime minister. Pudin was prime minister before being president. He's been in both roles. 

The strategies companies use to acquire other companies are war strategies. 

Ian: always make sure you get paid on the front end. 

Rashad: snipet from Steve Harvey interview, he said all the tv deals he never got paid on the back end (and move deals too). They will always find a way to say the project didn't make enough money. never got paid on back end except for book deals, the book industry is honest.

Rashad: things you would do in the market as a newbie?

1) invest in 2 stocks.

2) Use 12 hour chart for swing trading and look over a 90 day cycle. tech analysis is good only if you know what the institutional levels are. 

3) futures side, do heavier contracts. dream team I'm telling them you have to practice heavy. When its time to play, practice trading heavy first then go down in size. its hard to start doing low amount of contracts and scale up. trade 33 or 50 contracts, get 1 or 2 big home runs. You can knock out 40,80k, 150k,250k. be good for the year. that's how you can stack 4 trades a year and be good.

It's less trades, heavier contract size, bigger targets.

5) charge your worth. 

Ian: how to network properly at these events?

Listen more than you talk and see how you can add value. when you meet like minded people, it opens up doors. listen to what they do, this is how i can help.   When you talk about what you do, be prepared. 

**Make someone money, save them time or stress. **