Portfolio Wealth Advisors President & CIO Lee Munson breaks down the market sell off today of more than 1000 points.
#stockmarket #stocks #LeeMunson
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This guys intense. Joker’esk
Cocaine is a helluva drug
Yeah, I would not trust this guy to not axe me to death in my sleep.
@whatsmyageagain lol
Not quite sure what he said though
Rotation to value.
Me either but I’m glad he mentioned the vix terms.
Anyone want to be my Boyfriend 😍💋 💝💖♥️❤️
30:27 Anyone want to do this with me😍💋 💝💖♥️❤️
What a party pooper. His message should be suppressed so the NASDAQ can go to 20,000.
Nice talk
It is just a dip…
Buy Gold and Intel!
the party is over..lights off..it’s time to enjoy an elevator down
@1:52 GOLDEN moment …
I like Lee…..no sugar coating the market…lol
the greatest depression started today
Not tomorrow
Dont worry, this is just a pullback. Everything is normal. Just keep buying.
You sound like an insider thats Exactly what they would say
@Coon Pooch they would.
@The Lion more sarcasm??
@The Lion I’m on opposite side. I see a depression coming and things are going to get real ugly….
@iceman I agree with that.
I know! Come on man
If we could use Charles Schwab stock as the indicator; just for a moment; what the market really needs is more advertising for people intelligent enough to trade. Trading is not that difficult; investor confidence is immature right now. But there should be plenty of optimism now; for a better future market.
Lee can always get a job in a zombie movie when the market crashes by looking at the thumbnail.
HAHAHAHAHAHA SAVAGE 😂 😂 😂
The Trading Dead, Wall Street Zombies, After-Life Trading, I’m lining up movies for Lee
@Derek Liu copyright those film names………..
A lot of people. And a very small door. I just summarized the interview in two sentences.
@whatsmyageagain Yes. I am talking about investing, not day trading, margin trading like shorts or options.
Good luck.
@whatsmyageagain I like that “Big Short” guys comment about Tesla: “you can’t short a CULT”.
@Harry Chu my “bro” was given a million US family “kash” to build homes. He sold them and got into options and day short trading, and lost it all. During that time, (I didn’t know), he bought a condo in Seattle, lost it, advocated gold, never bought, and pronounced upon the coming “Armageddon” for two decades……..then it happens and he’s a “genius”. Never saw it coming. Mom says I used to change his diapers. I don’t remember. BUT if he had taken HIS OWN ADVICE, bought a condo in Vancouver, BC where he spent all his drinking weekends, bought gold and held it, he would have MADE UP any losses in all the other games he played. He didn’t take HIS OWN advice.
@Chess Dad Disappointing news about the S&P and Tsla will sell off a bit next week. Do you plan on holding long term now, or will you sell at a loss and attempt to time the market again?
@Jesse CantrellI don’t think all that money is cult fan money though, you have a lot of big money noticing it’s momentum and they’re playing it for a quick buck. If the premiums weren’t so expensive, puts on Tesla would be super appealing right now.
Buy high sell higher watch tomorrow for dumping and pumping on stocks market.
Amazon drone delivery project is only to foolish investors.Drones can’t flying when high wind weather.
If US economy collapse 1% richest get hurts very badly
least of their worries, judging by what’s out in the streets already. the economy crashes and you better be in a cabin in Idaho.
@Marek Kolenda all four of my grandparents homesteaded with NOTHING, in an area of minus forty below. I can hand milk a cow. Now all I need is an adventurous blonde like the hippies I dated….in the sixties.
@Jesse Cantrell Get worse before get better
US 52 bombers is 65 years old should stay in military museum.Pemtagon wants bigger budget for next year.
No, they’re badass!
Similar energy to Jim Carrey
Dude doesn’t understand who he is dealing with, these are GLOOMERS!! They were raised thinking the world was going to collapse, they didn’t think they were going to see 45 with a wife and kids, they HAVE NOTHING TO LOSE! They are betting with house money and THEY WILL DOUBLE DOWN!
People don’t want to hear it, but a major drop in stocks would be extremely healthy. These valuations are unreasonable, especially in tech.
Forget about explaining why.
16 year short interest low… there are no bears, so when selling starts, because it always does, it’s a no bid downturn….
The only stocks that really went down today were the same ones that were the only ones going up the last few months. Nothing worth a dam went on sale at all today.
This guy is the “Stephan”(SNL) of the stock market 😂
I hope the stock market tanks then maybe I can get my stimulus check
Lol
I bet this guy has never done a illegal drug in his life.
If every finance guy on TV behaved more like him, I’m sure more ppl would watch 😂
Nonsense. “If you have done your research correctly, then the time to sell is never,” Warren Buffet.
This is an opportunity to buy great market leading business and Tesla is by far the most dominant company in their sector by far. Buy the dip. The Tesla/S&P announcement is coming as soon as tomorrow. Don’t be part of the stampeding herd with your cart of toilet paper.
Good luck.
Bwahahahaha… ® _Fly me to the Moon, Jupiter or Mars!_
NOOB
@Mikey Murphy If what you are suggesting happened then you and I would be speaking to each other in mandarin and you would have a portrait of Mao on your wall.
Your investments would be the least of your problems. Don’t be the guy at the market with a shopping cart full of toilet paper and two liter sodas.
Harry Chu *screenshotted*
@Mikey Murphy exactly
Buy Inovio Pharmaceuticals and Nokia. Its a buy now and Inovio Pharmaceuticals was given 100 million dollars from DOD for Covid vaccine. They are entering their phase 2 trial with positive results.
Retail traders we need y’all
The markets are sending Powell and Congress a signal
Thulsa Doom the ball is in congress’s court this round, they move @ the speed of molasses.
Who on earth would invest with this guy? He’s totally strung out.
I don’t want my fund manager to be tokin pipes and chillin on a bean bag chair
He said inflation . I dont see inflation . I see deflation.
Lumber up 300%, copper at 2-year highs, gold, silver both up, housing prices at all time highs…where are you looking?
@Greg Harris The stock market too! Health insurance? Medicine? Tuition? Food? all up, up and away!
@Greg Harris meanwhile, lumber and minerals from Canada are getting the big bad mouth from vested lumber interests in the USA, who CAN’T PROVIDE the lumber. or minerals. Canada then gets it up the mffgh from the President and Co., and the Free Trade agreements are all second guessed….in the USA. Make up your mind who your Confederates are. oops. I mean friends.
Lee really chills. He looks like he’s been flirting with you all the time.
SHORT GAMMA TADE!! LOL, buy on way up…. SELL on way down.. good luck.
Big sharks🦈 taking from the tiny fish 🐟 , tell us something we don’t already know 🤷♂️
Mild sideways crapiness = MSC.
Wow! nice. Munson reminds me of Jim Carey in “The Mask” So who makes the polycarb plastic that goes into solar roofs?
Lee Munson is scary. Does he also sell drugs??? If not, why not?
This guy needs his own finance channel asap!
This guy just want the market to crash
This youtube channel is a joke litterly they were saying tesla was going to go crazy high and look what happened.
Why does Lee look like his last name should be Munster?
Lee should have been in Breaking Bad. He could’ve been Skinny Pete’s brother or something ! 😂
he totally does look like skinny pete’s evil brother lol
@elck3 his new career, in case this financial “gig” doesn’t pan out.
is Lee Munson, Max Headrooms son?
Lee is awesome!
8:05 — can someone help interpret what he’s saying about Tesla? very confused
Tesla is supposed to be going into the S&P 500 index, or has already. He said his biggest conviction is the S&P 500 and with TSLA being a part of it, he’s leery of the impact it’s volatility will have on the index as a whole.
Tesla is making $5B in new stocks available for index founds. So there won’t be the upward price pull we expected.
But the funds will sell off other stocks to rebalance. So, perhaps a downward preassure on the market in general.
Good interview. Interesting ideas.
‘There’s a lot of people, and a very small door.’
Strap-in folks, this has potential to get very hairy, very quickly.
I would say this, if trump lost, it will dip. 🤷🏻♂️
Isn’t he in the new Bond movie?
lol!
@Ben A comments keep up and he will be recruited.
If he is the new villain, Bond will be toast
Building up pressure is the financial quake about to give way is the 50+% of US equities being held in passive index funds. Dr. Michael Bury (The Big Short) who made a fortune back in the 07 real estate bust pointed out the problem with passive index mutual funds. As money comes into passive index funds like Vanguard and Black Rock, no price discovery analysis is done to determine which of the equities in the index should get more of your money based on value. Instead, the largest capitalization stocks, the MTFANGs are bought with your invested dollars regardless of being overvalue. The big just get bigger. And the smaller companies perhaps the better value gets less of your money. And then of course if the market unwinds, money will come out of those largest stocks the fastest and cause a larger crash than would’ve been experienced had these passive index funds not been created. I believe the statistic is about 80% of all money going into passive index funds goes to the largest 7 stocks. So if you look at the MTFANGs stocks’ price increase of say 200%, their earnings and cash flow didn’t go up by 200%, just their multiples of earnings. If you buy a $100,000 rental property for cash you’d hope to get a 10% free cash flow return on your equity of $100,000 after expenses or $10,000 a year in rent. P/FCFE = 10. A price to free cash flow to equity P/FCFE not P/FCF, there’s a difference, is over 30 for Apple for example. Would you accept only $3,333 in rent on your $100,000 rental unit? That’s what you’re getting and less on these high flying MTFANG stocks because of the passive index fund phenomena. There’s no price discovery or rational financial analysis being done like what you did to purchase your rental property. Money is blindly buying the largest stocks even though it makes no sense. To make matter worse, active fund managers not wanting to be outperformed by the passive index managers, have to mimic the passive funds and end up buying all the same overpriced stocks. And for every buyer of MTFANG stocks there’s a seller. Who’s the smart money? The buyer or the seller? I suspect the smart money is the seller who cashes out and buys bonds, precious metals, or rental properties. And I suspect the bigger fool is buying hoping to sell to the next bigger fool. Some of these bigger fools might be hedge funds who sell stocks short and get squeezed as stocks grind higher causing them to have to buy back at higher prices yet. Fear of missing out, F.O.M.O. is adding to the market melt up, and eventually will result in a crash. Take a look at Crocs and VW from 10 years ago, both examples of short squeezes. Remember, pigs get feed, hogs get slaughtered and no one has ever gone broke taking profits!
What this guy just said! Nice!
Why this dude so pissed we get it market selling off but he blaming retail come on
Going green in 2020 will cause inflation. Its not cheap to go green, follow by sentiment going up, more spending, more asset selling.The fed will start raising rates again in 2021 not 2022. watch the election.
a couple of young engineering buddies oversaw the “zero pollution” remake of the three pulp mills in BC Canada in 1995: Mac Bloedel, Crown Zellerbach, and Flecher Challenge. All material received goes into the mix. the price of a pack of 100 cardboard boxes I used in the moving game went from 78 dollars Cdn. to 325. in less than 2 years. plus tax. BUT the old mill equipment was sold and went to………………………..what a surprise……….China. Made a Chinese woman the new “cardboard billionaire” in China, so they don’t buy our packing material any more. Lots of “fallout” on going green; and not just inflation. and inflation is already here.
Damn, it’s Herman Munster.
Or Frankenstein.He has frightened me buying Apple,yikes
@AJ911 Herman Munster was basically Frankenstein’s monster.
Protect yourself
Buy $CTRM
Nice write off till next year when it’s back over a buck
Buy the spikes not the dips
Do the opposite of retail
This guy comes on your show and you do him sooooo dirty with that thumbnail. Smarten up
7:57 >.<
Is that Dr Frankenstein Munson
He’s jealous of rh trader gains
I like this Lee guy, and his dramatic, all guns blazing style of voicing his opinions 🤭
There will be no rotation!
The only stocks which are viable in the pandemic – the tech stocks – will stay on the top.
The rest are not low enough.
Look for undervalued stocks, and you will end up buying loosers.
Lee Munson is a great guest. Get him on again. Talks sense and wisdom in a humourous way
Haha.. Is that his way of saying the option dealers don’t want the call options to be exercised?
More like Lee Munster.
I’d party with Lee. I bet he knows all the best hookers.
permabear
Wut
Comments are hysterical, but this guy at least has LIFE EXPERIENCE and has binder dun dat (my East Indian buddy).
Can someone confirm if his explain of long gamma is correct? Cuz I thought the opposite
This is what happens when you look at the stock market for too long😁✌️ JK..🤓