What Meet Kevin said in this video:
- Geopoliticspositive for stocksshort-termThe host thinks Iran is engaging regional powers like Pakistan, Russia and Saudi Arabia and showing flexibility on the Strait of Hormuz, suggesting cooler heads and better odds of a deal; this also kept oil from rising further.Source
- Oil & EnergyneutralThe host notes oil fell to 115 but says that is still really freaking high; Iran headlines merely kept it from rising even more.Source
- QQQbullishshort-termThe host said with 8/10 confidence that the Q's (QQQ) will hold 700 today and 7/10 confidence this is a buy-the-dip week that will slowly trend up; he cites support at 702.87 and resistance at 715.Source
- Market Breadthpositive for stocksshort-termThe host notes hedge fund net leverage is at a zeroth percentile over five years and much deleveraging is done, which in his opinion makes these buyable moments.Source
- AMDbullishThe host does not own AMD but says it has gotten a whole lot cheaper and he is starting to salivate, implying he finds AMD attractively valued as a buyable opportunity.Source
- METAbullishThe host notes Meta issued a $90 billion shelf but the stock is only down 1.88%, suggesting the raise was expected; the dilution creates a dip-buying opportunity in Meta, with support at the 200-day, 607 and 540.Source
- OtherneutralThe host says Anthropic's IPO filing signals the company needs to suck even more money; such heavy AI spending is deemed inflationary right now, though in the long term it will be deflationary and create a labor market problem.Source