Fed Chair Drama, CPI Spin, and Mega-Caps at All-Time Highs (Audio)
The S&P 500 is up roughly 17% since April 1 and mega-caps are sitting at all-time highs — while South Florida gas clears $5 and diesel runs above $6. Jerremy Alexander Newsome and Dave Conley argue the gap between reported numbers and lived costs isn't noise; it's the whole story. Wednesday's CPI print carries a 3.7% year-over-year consensus, but both hosts question whether that figure has any real connection to what people pay at the pump, the grocery store, or the airport. The Fed chair conversation goes deeper than a personnel swap — Jerremy and Dave examine what the chair actually controls and whether administration pressure to cut rates is quietly hollowing out institutional independence. With Trump sitting down with China this week, they're expecting volatility and flag specific trades in data and AI names — IREN, WULF, INOD — plus GoDaddy and Tesla as a direct gas-cost hedge.
Timestamps:
- (00:00) Fed chair swap incoming – what the administration wants and why it matters
- (02:14) What the chair actually does – rate authority, independence, and real limits
- (04:59) CPI at 3.7% – consensus print vs. what inflation actually feels like
- (08:44) $5 gas, $6 diesel – South Florida prices and the consumer squeeze
- (11:16) Trump meets China – market outlook heading into a volatile week
- (12:24) Mega-caps at all-time highs – Apple, Google, Amazon, and the pullback case
- (15:04) Disconnected from reality – when market charts and paychecks don't match
- (18:20) Politics is your portfolio – China trade tension and what's already priced in
- (19:42) Stock picks of the week – IREN, WULF, INOD, GoDaddy, Tesla as gas hedge
- (23:46) Final read – what to watch before Wednesday's print drops
Transcript
Ooh, Quasar Markets.
2
:It's Jerremy, I like to introduce him,
with Dave DC Conley, with the Solving
3
:America's Problems collaboration, uh,
where we are creating a cool intersection
4
:of finance, politics, money, what's going
on, what's present, what's happening.
5
:And do you have any data,
Dave, on new Fed chair stuff?
6
:Getting a new, new Fed
chair is happening today.
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:Dave Conley: Any data, uh, any,
any data on, uh, datum, uh, datum
8
:on the, on the new Fed chair?
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:No.
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:not, not really.
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:Uh,
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:Jerremy Newsome: Yep.
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:Dave Conley: so I, I, I know, you
know, this administration, like, went
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:hard in the paint, uh, on, on Powell.
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:Jerremy Newsome: Yep.
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:Dave Conley: it was, it
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:Jerremy Newsome: Yeah.
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:Dave Conley: just like, you know, "Bend
to my will and lower rates," right?
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:Like, this is a real estate guy,
and he wants low, low rates,
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:and we've had the, have these...
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:We've had, you know, low rates
for a quarter of a century, right?
22
:and, you know, the Fed, it seems like
that they did relatively amount of, you
23
:know, sort of independence and be like,
"Well, you know, we gotta raise rates, and
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:now we're gonna do a pause, and now..."
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:I mean, everything I've s- I've seen is
just like, look, you know, like you, you,
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:uh, you jump oil by, by, you know, 40%,
and that's inflationary, and we got all
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:this other stuff going on in the economy.
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:So it's like now they're, they're
kind of like that emoji that's
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:like the, you know, hands up in
the air and like, "We don't know."
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:Jerremy Newsome: Yeah.
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:Dave Conley: of as sort of, uh,
you know, like just bending to
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:the will of the administration.
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:They're not independent.
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:The Fed's supposed to be independent
and yada, yada, yada, right?
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:So the question is, is like, you know,
what are they gonna do once they get in?
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:you know, I think some of Trump's,
uh, Supreme Court picks have surprised
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:people in their independence, right?
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:certainly right-leaning or, or,
you know, constitutionalist or
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:corporatist more often than not.
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:I think that's surprised
people somewhat pleasantly.
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:But, like, when you put in a Fed chair...
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:Frankly, I don't know
what a Fed chair does.
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:Do they just like, you know, gavel
the meetings, uh, together, and like
44
:the other Fed, Fed people are like,
"Okay, this is what we're gonna do,"
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:or do they have decision-making power?
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:I don't know.
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:What d- what does a Fed d- chair do?
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:Jerremy Newsome: They just-- They,
they're the talking head for what
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:the president tells them to do in
the back office, is my thought.
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:You know?
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:yeah, I, I, I do envision them sitting
down with like a, with like a small
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:glass of neat brandy, and they got
some-- they got a bunch of like
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:newspapers around, and people walk up...
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:Their, their buddies come up to them,
and they kinda like just talk about the
55
:economy and the CPI numbers, and then they
just kinda throw darts at the board and
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:so they flip, they flip a coin a bunch.
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:Dave Conley: They...
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:All the, all the libertarians
will scream like,
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:Jerremy Newsome: Yeah.
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:Dave Conley: end the Fed."
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:Jerremy Newsome: Yeah, precisely.
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:We've had, It, it's a very interesting
position, like the Fed chair,
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:you know, if you think about it.
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:It's really interesting.
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:Like from example, like
who, who votes on them?
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:How do they get in?
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:Dave Conley: Yeah.
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:Jerremy Newsome: long are they there for?
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:What's their, what's their tenure?
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:What's their background?
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:Dave Conley: Yeah.
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:Jerremy Newsome: your
point, what do they do?
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:I mean, most people, most
people don't even know what the
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:Fed is, uh, w- 'cause it's...
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:Well, what's, what's interesting,
I mean, quick, super fast, I'm
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:not gonna go down this tangent,
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:Dave Conley: Mm.
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:Jerremy Newsome: but it's not a federal
anything, and it's not a reserve.
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:Dave Conley: So it has,
has neither reserves nor...
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:But don't they, like, keep
things on their balance sheet?
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:Like, they, they buy, like,
a lot of stuff and, like, so
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:the-- But that's not the Fed.
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:There's something else.
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:I don't know.
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:Jerremy Newsome: Yeah.
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:A
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:Dave Conley: Like,
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:Jerremy Newsome: l- yeah.
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:Dave Conley: do humans need to know?
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:Like, what, what...
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:Like, how does it affect our lives?
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:Like, what happens?
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:Jerremy Newsome: Yeah.
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:Well, ultimately, it's, to me,
um, the, it, it will be a very
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:interest rate dependent, right?
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:And I've, I've been saying this for a
while, Trump's number one goal is to get
97
:interest rates lower and to buy more oil.
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:Increase, increase the prices of real
estate, increase the price of the stock
99
:market, and decrease the, uh, the cost
of living, which hasn't happened yet.
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:And obviously, uh, get more oil, you know,
'cause we need more, we need more of that.
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:So those are the two big things that
Trump's goals are kind of focused on.
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:I said two.
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:two that haven't happened
yet specifically.
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:But ultimately, I think, yeah, Fed chair
coming in is just interesting because
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:people love to blame the Fed chair on
the stock market moving based on what
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:they say, and so they're gonna have a
whole bunch of algorithms tied to that.
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:And so I'm looking forward to the new
memes, 'cause, you know, Je- Jerome
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:Powell had the meme for a long time, as
well as with all the other w- Fed chairs
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:in the past of like printing the money
machine and just spinning, spinning the
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:wheel of the printer, the, the magical
money printer in the US where, "Oh,
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:we need more money to buy something?
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:Yeah, yeah, just turn the printer on.
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:Let's just make more of it.
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:It's not a big deal.
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:It's fine."
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:So speaking of inflation, CPI
comes out Wednesday, I believe.
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:Dave Conley: ooh.
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:Jerremy Newsome: anticipated
results of that are...
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:Or, uh, the expected number
is three and some change, 3.7%
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:Dave Conley: Yeah.
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:Jerremy Newsome: the
consensus year over year.
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:Uh, and again, s- same thing, man.
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:I'm always kind of like,
"What, what is this number?
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:And w- what does it, what
does it actually mean?
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:How does it actually affect me?"
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:Dave Conley: Right.
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:Jerremy Newsome: there was a very short
period of time in the markets where this
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:number really, really mattered, and people
did s- pay all kinds of attention to it,
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:Dave Conley: Mm-hmm.
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:Jerremy Newsome: right now
they just really don't.
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:but generally, generally this
number is supposed to mean
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:like, how high is inflation?
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:How does it feel?
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:Uh, from an inflationary standpoint.
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:And there was a time not that long
ago where this was in the six percent
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:ti-- you know, six, seven percent.
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:People were like, "Man,
inflation sure is high.
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:We have so much inflation.
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:Dave Conley: Mm-hmm.
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:Jerremy Newsome: The cost
of goods are so high."
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:I mean, this, this is the
consumer price index, right?
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:So it's like, how much-- I am a consumer.
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:What are the prices of
things that I spend on?
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:And when it was at six percent, everyone
said, "Man, it sure feels a lot higher."
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:And now that it's at three,
it's like, wait a minute.
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:So, so prices of things have gone down?
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:Although every time I
spend money, I spend more
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:Dave Conley: Well,
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:Jerremy Newsome: than ev-
than I have in the last decade
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:on almost, almost anything?
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:Dave Conley: e-e-everything.
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:Well, well, inflation, inflation is
a cumulati-cumulative number, right?
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:So like when it's, uh, you know,
like if it's 3% or it's 6%, and
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:then like at the end of the day,
those are-- that's 18%, right?
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:And like
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:Jerremy Newsome: Yeah.
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:Dave Conley: you know, like it, it has to
show negative for it to actually go down.
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:And, uh, you know, just talking to, to
my, my buddy Joe and Julie, who were
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:here for a couple of days, like they
were, they were kind of blown away.
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:You know?
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:Like they, they are feeling it, they
are seeing it, and like these are, these
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:are not people that are like, you know,
uber, you know, connected into like
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:what the sort of the ins and the outs.
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:But they were, they were saying what,
what, you know, everyone that I'm
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:talking to is saying is like, "Holy
smokes, things are really expensive,
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:and gas is out of control," and,
you know, food and, you know, like
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:there's, there's, there's nothing
that's, that's getting more reasonable.
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:At least like you, you could have
maybe have counted on, you know,
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:being able to get a, get a cheap TV.
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:But, you know, even then, you
know, it's like, oh, how many
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:TVs are you buying, right?
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:Jerremy Newsome: Yeah.
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:Dave Conley: or getting your
Teemo, uh, Temu, you know?
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:You know,
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:Jerremy Newsome: Yep.
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:Dave Conley: to get, uh, you know,
something, something quite reasonable.
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:And like I'm, you know, like I'm
feeling it in the areas where I'm,
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:uh, you know, making, making some,
uh, some, some choice purchases.
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:And it's like, I, I look at the
numbers, and it just seems out of--
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:uh, completely disconnected from value.
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:And that's, that's where,
where I'm running into it.
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:And I can imagine people who are living
paycheck to paycheck or only have
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:$500 or are like one, know, like one
broken, uh, uh, car, uh, you know, one
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:car, uh, car, uh, you know, payment,
uh, away from, from like disaster.
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:like that's, that's all the disposable
income that somebody might have.
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:You know, like you and I are talking about
UBI in our next series, and that's, that's
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:gonna be coming up with, um, you know,
like with, with all the different programs
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:that, that we have in the United States.
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:You know, like if we're driving
people into poverty, that's an issue.
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:Like I-- It's totally
under-reported in the United States.
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:You know, like I'm reading
what's going on in Europe.
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:Like they had riots in
Ireland, like actual riots.
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:You like that's, that's
no kidding, you know?
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:And it was
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:Jerremy Newsome: Yeah.
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:Yeah.
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:Dave Conley: right?
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:Jerremy Newsome: Yep.
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:Dave Conley: you know, uh, here in South
Florida, you know, like, uh, I, I, I,
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:I walked by, walked by a, uh, a, uh, a
gas station and like regular gas was,
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:was, uh, you know, over $5 a gallon.
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:Uh, diesel was over $6 a gallon.
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:And, you know, everything that, that, that
uses diesel, which is basically everything
204
:that you, uh, you know, can consume in any
given day, from the food in your mouth to
205
:the power that's in your head, you know,
uh, over your, uh, head, uh, is, uh, is,
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:is done with, with, uh, fuel like that.
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:And, you know, like that's being
passed on directly to people,
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:and end in sight on that.
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:You know, like even if things like
magically popped up tomorrow, um,
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:with, uh, "Hey, all's, all's good,"
know, these are really sticky
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:markets, and so it's gonna be this,
this slow sort of drift, you know?
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:You know, like will we see $60 a barrel
oil gas in our, in our lifetime again?
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:I don't know.
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:Jerremy Newsome: Yeah.
215
:I mean, that's actually a great,
that's actually a great question.
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:Uh, will we?
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:Uh, I would take the...
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:I think I would take the under on that.
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:Yeah, like we don't.
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:Dave Conley: I, I, Right?
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:Uh, I mean, I, I, I was looking at, you
know, getting some, um, plane tickets.
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:It is, it is not...
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:It's a, it's, you know...
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:Like we are coming
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:Jerremy Newsome: Bro, I
don't wanna fly anywhere.
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:I don't wanna fly anywhere.
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:Dave Conley: No.
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:You know, it's like,
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:Jerremy Newsome: And I have co- I have
two or three flights sched- yeah, two or
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:three flights scheduled, uh, but they are.
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:It is, it is price-zilla out there.
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:It's, it's on the, on the expensive side.
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:So...
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:Dave Conley: I don't know what CPI
actually measures because it doesn't seem
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:Jerremy Newsome: Yeah, precisely.
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:No,
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:Dave Conley: Like the
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:Jerremy Newsome: some.
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:Dave Conley: pain that people are feeling.
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:Like, if it's like, oh, you know, cost of
this and cost of that, I'm like, "Oh, wow.
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:I don't know, man."
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:so, uh, it- it- that's what I, I
think, you know, like if our, if, if
243
:our listeners, um, and, and people are
watching us, you know, we, we say it on
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:Tuesdays, I say it on Tuesdays, I say it
on Thursdays when we're, we're with Steve.
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:You know, like, if you're not paying
attention to politics, you're not
246
:paying attention to your portfolio.
247
:And so, like, when you're
wondering, it's like, "Hey, how
248
:does these two things work?"
249
:you know, like, that's where the
rubber's gonna meet the road on things.
250
:Um, now you don't have to be like
completely like, like in it like I am,
251
:you know, like a that, that you'll need
like a sort of a, sort of a shower every
252
:day to kind of get the politics off you.
253
:but, uh, but you do need to pay
attention because it's the, it's
254
:the biggest, um, biggest employer
in the United States, and it's the
255
:biggest spender in the United States.
256
:And so that's, that's where, you
know, things really make a difference.
257
:And, you know, coming up this week also
is, is, uh, Trump meeting with China.
258
:Where do you think that's, uh...
259
:What, what do you think that's
gonna do to portfolios this week?
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:Jerremy Newsome: This week
should be pretty volatile.
261
:I mean, there, there's a lot
going on, um, ironically enough.
262
:And, and realistically, if I pull up
a quick screen share of the market,
263
:ultimately what's happening is...
264
:And this, this does-- always occurs
at very unique times, but essentially
265
:with the, the market as high as it is,
so here's the broader S&P 500, right?
266
:All-time highs.
267
:Here's a crazy thing.
268
:If we go back to April 1st, AKA a month
and a half ago, we're up seventeen percent
269
:on, on the S&P 500, which was one of
the largest moves, uh, in human history.
270
:Just straight up V bottom recovery from
a very, very, very small down move.
271
:and so we actually need volatility
and turbulence up here just to
272
:have some level of actual normalcy
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:Dave Conley: Yeah.
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:Jerremy Newsome: And traders,
investors like myself are like,
275
:"We're too high to do anything."
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:Dave Conley: Yeah.
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:Jerremy Newsome: We actually need a
little bit of selling for just some,
278
:some form of like, okay, this is not an
actual bubble to come in so that people
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:can actually have and taste some fear.
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:Dave Conley: Mm-hmm.
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:Hmm.
282
:Jerremy Newsome: and
you had great earnings.
283
:I mean, again, look at this, dude.
284
:Apple, a hundred and eleven
billion dollars in a quarter.
285
:And so this is, this-- I- in my opinion,
this-- Apple earnings are CPI because
286
:that- that's what people actually spend
money on is computers, iTunes, the Apple
287
:Store, iPads, iPhones, and they spent it.
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:They spent it.
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:And so f- looking at the chart, to me,
just kind of briefly, uh, we have a little
290
:bit of a wave structure that I would
expect Apple, if it does pull back to two
291
:eighty-seven, to be very, very buyable.
292
:And I've been telling people
since earnings that we'd hit
293
:three hundred before July.
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:So I think that still
actually ends up happening.
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:Really, really beautiful,
beautiful price action.
296
:general nice movement.
297
:Google, again, highest price
in human history as well.
298
:Dave Conley: Wow.
299
:Jerremy Newsome: called a very large
open gap right here that occurred
300
:on pretty stupendous earnings also.
301
:So if we just look at Google's earnings,
they did a hundred and nine billion.
302
:Look at their earnings per share.
303
:I mean, they just knocked it out
the park, so their earnings were
304
:sh- almost stronger than ever.
305
:Uh- Again, people are like, how?
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:But these are the companies
that are spending a lot of
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:money on marketing advertising.
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:They need to get in front of new people.
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:So Google, incredibly, incredibly strong.
310
:This gap, I would imagine, does
fill at some point this three-sixty
311
:price area on Google, but that to
me is extremely, extremely buyable.
312
:Uh, very, very strong trend.
313
:Kind of, kind of similar
to this one right here.
314
:Uh, although it wasn't earnings related,
it had that previous all-time high gap,
315
:and we traded back into that and then just
kind of continued to rip a little bit.
316
:So buy the dip is still, in my
personal opinion, in full force.
317
:Amazon, highest price in human history.
318
:Again, uh, had a really, really remarkable
move from two hundred, which it hit back
319
:on last earnings, into two seventy-two.
320
:So again, Apple up-- uh, sorry,
Amazon up thirty-five percent in
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:the last two and a half months.
322
:Again, highest price ever, which is nice.
323
:That's gonna allow for a little bit of a
retracement to happen back into two sixty,
324
:and again, that would also be buyable.
325
:So again, looking at the largest names
on Earth, the biggest, biggest companies,
326
:although I didn't look at Nvidia,
it's the same, it's the same thing.
327
:It's like, well, the chart
says they're gonna go higher.
328
:So we, we gotta be, we gotta be bullish.
329
:I mean, we-- you can't make,
you can't make these new highs.
330
:I know, it's wild.
331
:It's, it's one of those,
like, why would it?
332
:But it, it will.
333
:Dave Conley: it is-- Look, it's
so disconnected from reality.
334
:and, and that's, you know, like the,
the markets don't seem to be pricing
335
:in, like, what's actually happening.
336
:Now, I get it.
337
:You know, like, there's,
there's money that's being...
338
:It's
339
:Jerremy Newsome: Uh-huh.
340
:Dave Conley: and we've, we've
talked about, like, it's
341
:Jerremy Newsome: Yeah,
342
:Dave Conley: you know, money's
going to Nvidia, and Nvidia
343
:Jerremy Newsome: yeah, yeah.
344
:Dave Conley: So the value
underneath it is, is kinda like, eh.
345
:And then it's like AI, and
we talk about an AI bubble.
346
:Well, it's bubblicious sort of
everywhere, and then underneath
347
:it, what is it actually creating?
348
:you know, like, the molecules have to
be drilled out of the ground, right?
349
:You know, like, the
atoms have to be moving.
350
:And, uh, with everything at, at, at
high, high levels, you know, I don't,
351
:I don't mean to be, I don't know,
was it Cas-Cassandra about this?
352
:It was like, "Oh my God," you know?
353
:Um, uh, it's, m- m- you know, like,
I was around in '99, um, you know,
354
:Jerremy Newsome: Yeah.
355
:Dave Conley: you know, like I
356
:Jerremy Newsome: Yeah.
357
:Dave Conley: it, in
358
:Jerremy Newsome: It feels very similar.
359
:It feels very similar.
360
:Dave Conley: With everything hot, you
know, like, and what there is, when there
361
:is no value, then it, it is a, you know,
like it is musical chairs at this point.
362
:So that's where it's like,
look, be careful, guys.
363
:Make sure you have, you know,
protection on the downside.
364
:Jerremy Newsome: Yeah.
365
:Dave Conley: because under-
underneath it, you know, it feels
366
:very much like a two-legged stool.
367
:There's, you know, like the
fundamentals underneath it are
368
:kind of like bonkers, right?
369
:You know,
370
:Jerremy Newsome: Yep.
371
:Dave Conley: uh, you, know, you don't,
you don't really, you know, um, create,
372
:uh, uh, create expenses going through
the roof like this through, through oil
373
:and have it sit there for two months
and really having no end in sight.
374
:You know, like there, there really
isn't an end to sight on this.
375
:It doesn't look like
anything's going to get better.
376
:And even if it does like magically
get better today, it doesn't mean
377
:like, like floil, you know, oil
starts flowing out of the ground.
378
:Like there's a, there is a future
rea- the, the, the, the stock futures
379
:seem, futures, like stuff that
you're predicting in the future,
380
:Jerremy Newsome: Yep.
381
:Dave Conley: to the oil futures, stuff
that we're predicting in the, uh, future,
382
:uh, seems to be disconnected between
what's happening in reality right now.
383
:And so, um, you know, like my
ability to predict the future
384
:would be, you know, wild.
385
:You know, like if I, I would be,
uh, you know, I'd probably have a,
386
:a totally different, uh, lifestyle
if I was, uh, predicting the future.
387
:But, uh, you know, it's like I predict.
388
:Uh, so I, I, um- Uh, it, m- m- the people
that I listen to, the economists, the,
389
:the, you know, the stock folks like y-
you and, and Steve, uh, you know, it's
390
:like I'm, I'm looking for what un- what's
underneath that's actually, like, real.
391
:And when there's so little that's real,
and it's like, it feels very, very,
392
:um, you know, man behind the curtain.
393
:Feels very, very Oz related, and
that's, you know, like, that's
394
:where we need the pullbacks.
395
:We need reality to set in somewhere.
396
:I don't know when.
397
:You know, like you and I have
talked about this forever.
398
:You can't predict when these
things are going to be happening.
399
:And, you know, like, what you
can do to protect yourself is
400
:going to be, you know, clutch.
401
:You know, like there's,
there's only so much.
402
:but, you know, on the political
side, you know, I think, uh, you
403
:know, China is gonna be, uh, key.
404
:Like, the United States is really,
really needs help, uh, uh, with the,
405
:uh, Israeli-US, uh, uh, war with Iran,
and China can be a big player there.
406
:Uh, and, and, like, we, we might be
able to see some real movement there
407
:and with, uh, the stuff in, in Russia.
408
:And if we can get the politicians out
of the way, you know, like reasonable
409
:heads can really prevail there,
and we could have, like, some s-
410
:some, some sustainable things happen
411
:Jerremy Newsome: Yeah.
412
:Yeah.
413
:Yeah.
414
:Dave Conley: forward to.
415
:Jerremy Newsome: Totally.
416
:Dave Conley: we don't hear that, then
what we are going to hear is, like, a lot
417
:of fluffy stuff around chips and AI and,
418
:Jerremy Newsome: Yep.
419
:Dave Conley: maybe some manufacturing
stuff, and that's like a, kind
420
:of like a big yawn as far as I'm
concerned because those, all of
421
:those deals, like, what have, um...
422
:I mean, how many trade deals were
thrown up in the air with tariffs
423
:last year, and how many d- how many
trade deals do we actually have today?
424
:I think we have two.
425
:One of them's, like, with
Vietnam and maybe India?
426
:I, I, I, or UK.
427
:Yeah, UK was, like, the other one.
428
:I mean, that's out of throwing
out, like, 100 trade deals.
429
:We have, uh, two.
430
:So, like,
431
:Jerremy Newsome: Yeah.
432
:Correct, correct.
433
:Art of the Deal.
434
:It's like, bro, you, you didn't
do, you didn't do a great job.
435
:Dave Conley: Boo.
436
:All
437
:Jerremy Newsome: Yeah.
438
:Dave Conley: are the big movers
this week for your stocks?
439
:What are you looking at?
440
:Jerremy Newsome: well, so I, I re-- A
lot of data and a lot of data centers
441
:Dave Conley: Yeah.
442
:Jerremy Newsome: and
a, a lot of data plays.
443
:I mean, that's, that's the ironic part.
444
:So you have IREN, uh, I-R-E-N, is
a data processing service company.
445
:they just did a convertible two billion
dollar note after earnings, so that's
446
:gonna be one to really keep an eye on.
447
:Uh, Wolf, Terawulf, W-U-L-F.
448
:Would love for this to pull back into...
449
:I'll do another scr- quick screen share.
450
:I would love for it to pull
back into approximately $22.
451
:Give me one second.
452
:I know you made a, a cute amount
of money on Wolf not that long ago.
453
:Here's the overall trend for that.
454
:So Terawulf, again, just in
general looks, looks really strong.
455
:I mentioned IREN.
456
:So again, this is gapping down, which
will be a fun day trade opportunity.
457
:But in general, uh, the
chart does look quite nice.
458
:INOD, INOD, another data play,
had a huge move on earnings.
459
:I know, crazy.
460
:So, uh, just out- absolute
just rippage, uh, for this one.
461
:So th- this would be a probably, as
of right now, a much faster trade for
462
:anyone who's watching and tuning into
these, uh, episodes often and frequently.
463
:But INOD is a very, very interesting play.
464
:GoDaddy, believe it or not, I,
I still think is kinda cool, um,
465
:just at the levels that it is.
466
:So it's up 1% yesterday.
467
:I don't know why my screen's not loading.
468
:But, you know, if AI is a big thing,
obviously it is, are people gonna
469
:be using more or less websites?
470
:And I think people are gonna
be using more websites.
471
:I think more purchases will happen.
472
:And in general, the, the company's
still fundamentally quite strong.
473
:So you've had a humongous
pullback on GoDaddy.
474
:It was at $210, and has pulled all
the way back to $91, which is a pr-
475
:the previous breakout range of this,
you know,:
476
:So I actually am buying
some GoDaddy down here.
477
:I like it And then, you know,
we'll see what happens obviously,
478
:but I'm picking some up.
479
:Tesla, so this is one I really,
really like from an oil play.
480
:We keep talking about oil, but my
actual anticipation on this one
481
:realistically is we've had three
beautiful buying days in a row, which
482
:was Wednesday, Thursday, Friday.
483
:We're above the hundred, two hundred,
so expecting Tesla to probably most
484
:likely, hopefully, pull back to four oh
six before it does end up going higher.
485
:But if you think about it, the oil, right,
if everyone's, uh, vehicle expenses are
486
:going up because of gas expenses, well,
Tesla doesn't have any gas expenses.
487
:And one of the things that hasn't been
dramatically noticeable, believe it or
488
:not, at least to me, is energy expense.
489
:So I, I haven't noticed, and not saying
that it will not ever be this way,
490
:but like just the heating and cooling
costs, right, the electricity costs of
491
:the-- of my house, water bill, things of
that nature, haven't been dramatically
492
:increa-- uh, changed by the gas prices.
493
:So, uh, people are, I'm noticing,
seeing that they're like, "Well,
494
:hey, I gotta go buy more Tesla.
495
:I gotta go buy more, uh, Tesla stock, and
I gotta go buy the actual vehicle because
496
:I can't spend this much money on gas."
497
:Dave Conley: Well, that's
that's exactly where I, I'm
498
:going to be in your Q2 numbers.
499
:you know, like I
500
:Jerremy Newsome: Yep.
501
:Dave Conley: "Hey, Jerremy,
how do I buy a Tesla?"
502
:And he goes, "Let me show you," and,
503
:Jerremy Newsome: Yeah.
504
:Dave Conley: tesla.com."
505
:And I'm
506
:Jerremy Newsome: Which is cool, yeah.
507
:Exactly, and you, you can customize it
and it's, you know, it'll, it'll show up.
508
:It'll drive itself to your
house, which is really wild.
509
:Dave Conley: I'm down.
510
:Uh, a-
511
:Jerremy Newsome: Yeah.
512
:Dave Conley: to
513
:Jerremy Newsome: Yeah.
514
:Dave Conley: uh, you know, like, I don't
know how you, how you do it, but like
515
:comparison like a gallon of gas versus
like a, like whatever the wattage is?"
516
:And he goes, "Yeah, it's, it's,
it's pretty reasonable, right?
517
:Like even when, when you go out, you
know, like, uh, and, and charge it, it's
518
:like, it's, it's, it's not, you know,
it's not, you know, what you'd consider
519
:cheap, but it's cheaper than gas."
520
:And I'm like, "Oh, well, that's great."
521
:Jerremy Newsome: Yeah.
522
:Yep.
523
:Agreed.
524
:Agreed, agreed.
525
:Dave Conley: week.
526
:I think there's a lot going on,
both politically and, uh, you know.
527
:We'll, we'll, we'll keep on watching
it, and we'll keep on, uh, you
528
:Jerremy Newsome: That's,
529
:Dave Conley: joining you here every
Monday, and, uh, look for us on
530
:Jerremy Newsome: that's a
531
:Dave Conley: at Quasar Markets.
532
:But
533
:Jerremy Newsome: great
534
:Dave Conley: it's
535
:Jerremy Newsome: way
536
:Dave Conley: It's been real.
537
:Be careful.
538
:I think that's,
539
:Jerremy Newsome: to
540
:" Dave Conley: Be
541
:Jerremy Newsome: put it.
542
:That's right.
543
:Dave Conley: What was it?
544
:There was a, there was an old, uh, TV show
called, um, God, uh, Hill Street Blues.
545
:I, I didn't watch it.
546
:It was a little bit, you know,
outside of where I was watching.
547
:It was like, "Be careful out there."
548
:They would, they would end
every single briefing with the
549
:Jerremy Newsome: right,
550
:Dave Conley: be careful out there."
551
:Well, that's, that's what,
that's what your stock
552
:Jerremy Newsome: yeah.
553
:Dave Conley: uh, tips for today
is, is be careful out there.
554
:Jerremy Newsome: Buy low, buy low and
buy slow right now, that's for sure.
555
:Appreciate you, everyone.
556
:Thanks so much for tuning in.
557
:You rock.
