Forward Guidance

it's not coming from energy. It's coming from semis. it's coming from like presumably that that to me that sets the stage for why NASDAQ relative to the rest of the market could be topping out for a long time because starting in three weeks you're getting a string kind of backto

— Forward Guidance, at 38:56

look at Tesla, right? Like it it looks like everyone's just dumping that to make room for for more Elon paper and the SpaceX IPO.

— Forward Guidance

Microsoft to me is a disaster. I don't know even I don't I never liked it when I worked at a company, I couldn't stand it, but the fact that they were supposed to win this whole battle with Copilot and now you've got the Satcha taken over to do this that those four companies have

— Forward Guidance

I hate the software companies. So, Google is the best of the bunch, but when you get through Amazon and you get through Meta and you get through Microsoft... those four companies have trouble and that's why their stocks don't look great.

— Forward Guidance

I think it's a very bad year to be invested in the stock market as a whole. There will be pockets energy, commodities, agriculture that I think do well. But overall, it's uh it's dicey for people who just own S&P 500, which is 40% mag 7 stocks.

— Forward Guidance

the cues are just flat... I think everything is at risk... the cues are probably down on the year now and if that worked for however long that's not going to work anymore.

— Forward Guidance

I'm neutral in Nvidia because I don't want to, you know, I I think them producing the the GPUs is a unique thing, but being the hyperscalers that are purchasing them on leverage, I don't want to touch that.

— Forward Guidance

for years it's just been the passive bid into into tech passive you know buy QQQ and that sort of thing but we've started to see some pretty significant rotations

— Forward Guidance