10 Burst results for "Pete Currently"
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"Our job is to help. This is to try to figure out and to help our clients determine which which way the market is going to go over the short term and the other. The other ravage that we hold. Very sacred is But the crowd when that extremes Is always wrong. So a Z great Warren Buffett said. Be greedy when others are fearful and be fearful and others greedy. And you know when people are being greedy, there's several there. Several waste that greed and fear can be measured. Um One way is to look at the put the call ratio another way is to look at investor sentiment. And both of those are at extremes. Right down there literally off the charts. How did he tell investor sentiments? Especially sentiment. There's um There's a couple of service out there. One of them that we use is the American Association of Individual Investors, and they come out with Serbia every Thursday, and they asked their members. Where do you think the market's going to be a few months into the future? The bullets, Paris or or neutral and right now, um, bullishness is very high bearishness is low. But more importantly, if you look at the put the cool ratio you have You have that record record low. There are tremendous amount of calls that are being purchased and very few puts so it's very interesting. Let's let's elaborate on that a little bit. Let's go back in history. If you look at the tech craze, right? Ultimately, there was a huge crash in the late nineties early two thousands in tech right before that occurred. Would you say investor sentiment was very bullish or bearish? Right before the bubble burst. It was that euphoric, historically high levels bullishness was off the charts. You would have stocks that would go up 345 10 fold within days. Um, it was just here. A man is going on kind of kind of like what's going on right now, With stocks like James stops. And AMC. BlackBerry stock. They're going up 2345 fold in a matter of a couple of days, and that's not only not healthy, it's not normal. It's not healthy and it It shows that there is excessive greed in the market, and we'll talk about. Let's talk about those stocks in a second, but getting back to the tack crash, so giving What your methods are at that time. If you would have seen extreme euphoria you would have been in cash is shorting the market. Is that fair to say it's fair to say that when you see euphoria, it's best to be in cash until, um, until the market begins to enter a state of the client. Because a lot of times euphoria can last a lot longer than most people think, right? And to give you an example back in 1999 1 of the stocks that I was trading was a stock like Qualcomm. A purchase that person the stock at $27 I so that a few days later at I believe 76 $78 something like that. So I doubled or tripled my money. Ah, few days after that, that it was trading at over $800 when you have a stock going for being a 25 26 $27 going up to $850. That's a mania. Anybody, uh, that would of began to have shorted that when they hit 100 or 203 100. So you have to be patient before shorting because it could last a lot longer than most people think that I can. And if you begin to short too early, you're going to get really hurt. So you mentioned game Stop it. I am seeing some other companies for Gamestop is a brick and mortar. Video games cellar, right breaking mortars kind of out right now, although there was a huge supply for video games this year during covert that during the lockdown, Um but then, uh, a man named Ryan Cohen, who started chewy and a very successful e commerce company, started accumulating shares and now is on the board and he's an activist, and he wants to make the company More e commerce. So there's a group chat on a site called Reddit called Wall Street Bets, and A Lot of those people are saying This could be a really good investment. Now that Ryan Cohen's evolved. We're going to switch the e commerce and the stock went from the third. It was actually around five in August. Too, You know, in the thirties recently and then this month it ran up to, I think 145 $150 and then on Wednesday, the 27th in overnight trading it hit 3 60. Okay. And so the story remains to be seen how that's gonna end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria. That you mentioned obviously. How does that translate to? What were the work that you're doing right now? Um, because of the euphoria you're not investing long right now, just just so everyone knows we offer an account of Charles Schwab that Pete gives us the signals and we buy and sell for our clients based on Pete's recommendations, and since we started in September of 2019 It's up 40% Since that time versus 23 for the S and P 500 in 2020. The strategy was up 19.14 versus 18 for the S and P. But the big difference is this account was never really down or year or as you if you bought the S and P 500, you had to endure huge decline, and then it came back and by the end of the year Had a nice year where with the peat strategy. We were in cash during that decline, and we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but We certainly had a decent year. Not not a great year for repeat standards, but you know, still slightly beating the S and P 500 where you didn't have to endure that big roller coaster now, if anyone is interested in learning about Pete Strategies, or, in fact, I know Pete offers a knee email to subscribers and some people pay $1000 a month for if anybody wants to receive that email, where Pete will give you his analysis and recommendation for three weeks at no cost. Text the word Spartan 2474747 texts Where Spartan 2474747 So Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles that has 33 strong up upturned cycles to two corrective waves. And, But the fifth way, which is the one that we've identified they were currently in is the most euphoric wave. And it is the wave where things get still being ridiculous, which they are now, just as you mentioned about game stopped, you know, Think about what you just said. Back one from $5. 2 300 or two over $350 in a very short period of time, Okay? And what I'm talking about a company that has found the cure for cancer but talking about a brick and mortar company That's gonna that's going to be transitioning supposedly To E comments so How much competition this game stop. Have lots. Ah, lots and lots. So this is that way? Five euphoria. It is very dangerous..
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"Our job is to help the eyes to try to figure out And to help our clients determine which which way the market is going to go over the short term and the other and the other ravage that we hold very sacred. Is that the crowd when that extremes Is always wrong. So a Z great Warren Buffett said, be greedy when others are fearful and be fearful. Another's greedy And we know when people are being greedy. There's several there. Several waste that greed and fear can be measured. Um One way is to look at the put the call ratio another way is to look at investor sentiment. And both of those are at extremes right down there literally off the charts. How did he tell what investor sentiment is? Especially sentiment? There's there's a couple of service out there. One of them that we use is the American Association of Individual Investors, and they come out with Serbia every Thursday, and they asked their members. Where do you think the market's gonna be a few months into the future or the bullish Paris or Or neutral and right now, um they're bullishness is very high. Bearishness is low. And but more importantly, if you look at the put the cool ratio you have You have that record record low. There are tremendous amount of calls that are being purchased and very few puts so resists. Very interesting. Let's let's elaborate on that a little bit. Let's go back in history. If you look at the tech craze, right? Ultimately, there was a huge crash in the late nineties early two thousands in tech right before that occurred. Would you say investor sentiment was very bullish or bearish? Right before the bubble burst. It was euphoric. Historically high levels bullishness was off the charts. You would have stocks that would go up. 345 10 fold within days. There was just here. A man is going on kind of kind of like what's going on right now, with stocks like game stops and AMC. BlackBerry stock. They're going up 2345 fold in a matter of a couple of days, and that's not only not healthy, it's not normal. It's not healthy and it It shows that there is excessive greed in the market, and we'll talk about. Let's talk about those stocks in a second for getting back to the tack crash, so given What your methods are at that time. If you would have seen extreme euphoria you would have been in cash is shorting the market because that fair to say it's fair to say that when you see euphoria, it's best to be in cash until, um, until the market begins to enter a state of the clients. Because a lot of times euphoria can last a lot longer than most people think right and to give an example back in 1999 1 of the stocks that I was trading was a stock like Qualcomm. I had purchased that person's the stock at $27. I sold it a few days later at I believe 76 $78 something like that. So double or triple my money. Ah, few days after that, that it was trading at over $800 when you have a stock going for being a 25 26 $27 going up to $850. That's a mania. Now. Anybody, uh, that would of began to have shorted that when he hit 100 or 203 100 get So you have to be patient before shorting because it could last a lot longer than most people think that I can. And if you begin to short too early, you're going to get really hurt. So you mentioned Gamestop name seeing some other companies for Gamestop is a brick and mortar. Video games cellar, right breaking mortars kind of out right now, although there was a huge supply for video games this year during covert that during the lockdown, um but then, uh, a man named Ryan Cohen, who started Shui and a very successful e commerce company, started accumulating shares and now is on the board and he's an activist, and he wants to make the company more e commerce. So There's a group chat on a site called Reddit called Wall Street Bets, and A Lot of those people are saying This could be a really good investment. Now that Ryan Cohen's evolve and they're going to switch the e commerce and the stock went from the third. It was actually around five in August. Too, You know, in the thirties recently and then this month it ran up to, I think 145 $150 and then on Wednesday, the 27th in overnight trading it hit 3 60. Okay. And so the story remains to be seen how that's going to end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria. That you mentioned obviously, How does that translate to? What were the work that you're doing right now? Um, because of the euphoria, you're not investing long right now. It's just just so everyone knows. We often account of Charles Schwab that Pete gives us the signals and we buy itself our clients based on Pete's recommendations, and since we started in September of 2019 It's up 40% Since that time versus 23 for the S and P 520 20. The strategy was up 19.14 versus 18 for the SNP, But the big difference is this account was never really down all year or as you if you bought the S and P 500, you had to endure huge decline, and then it came back and by the end of the year Had a nice year where with the peat strategy. We were in cash during that decline, and we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but We certainly had a decent year. Not not a great year for repeat standards, but you know, still slightly beating the S and P 500 where you didn't have to endure that big roller coaster now, if anyone is interested in learning about Pete Strategies, or, in fact, I know Pete offers a knee email to subscribers and some people pay $1000 a month for if anybody wants to receive that email, where Pete will give you his analysis and recommendation for three weeks at no cost. Text the word Spartan 2474747 text word Spartan 2474747. So, Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles that has 33 strong up upturned cycles to correct of waves. And, But the fifth way, which is the one that we've identified they were currently in is the most euphoric wave. And it is the wave where things get sylvian. Ridiculous, which they are now, just as you mentioned about James stock to, you know, think about we just said Stock one from $5. 2 300 or two over $350 in a very short period of time, Okay? And what I'm talking about a company that has found the cure for cancer but talking about a brick and mortar company That's gonna that's going to be transitioning supposedly To E comments so How? How much competition this game stop. Have lots. Ah, lots and lots. So this is that way? Five euphoria. It is very dangerous. There are a lot of people out there that are gonna get really hurt very, very soon. This guarantee, and we've seen this movie many, many times before. And they're always ends. Ugly is not this easy to make money where he's just throw money in companies that are that are just not viable or that are failing or that have very little to no profits. They're going from 5 to $350 within a very short period of time. Another one is a M. C. M. C went up within a couple of days. 5 600%. Was less time anybody wants for a movie? I don't know anybody. I again it. Did AMC just find the cure for cancer. No, it is its stock price is not warranted at these levels and the only reason why it is that these levels It's because you have the Robin Hood Day traders that think they're.
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"Now that Ryan Cohen's about they're going to switch the e commerce and the stock went from the third. It was actually around five in August. Tonto in the thirties recently and then this month it ran up to, I think, 145 $150 and then on Wednesday, the 27th in overnight trading it hit 3 60. Okay. And so the story remains to be seen how that's gonna end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria that you mentioned. Obviously, How does that translate to? What were the work that you're doing right now? Because of the euphoria, you're not investing long right now. It's just just so everyone knows. We offer an account of Charles Schwab that Pete gives us the signals and we buy and sell for our clients based on Pete's recommendations, and since we started in September of 2019 It's up 40% Since that time versus 23 for the S and P 500 in 2020. The strategy was up 19.14 versus 18 for the SNP, But the big difference is this account was never really down all year. Whereas if you if you bought the S and P 500, you had to endure huge decline, and then it came back and by the end of the year Get a nice year where with the peat strategy. We were in cash during that decline, and we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but We certainly had a decent year. Not not a great year for repeat standards, but you know, still slightly beating the S and P 500 where you didn't have to endure that big roller coaster now, if anyone is interested in learning about Pete Strategies are. In fact, I know Pete offers a knee email to his subscribers and some people pay $1000 a month for if anybody wants to receive that email, where Pete will give you his analysis and recommendation for three weeks at no cost. Text the word Spartan 2474747 texts Where Spartan 2474747 So Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles that has 33 strong up upturned cycles to two corrective waves. And, But the fifth way, which is the one that we've identified they were currently in is the most euphoric wave. And it is the wave where things get Sylvia and ridiculous which they are now, just as you mentioned about Gamestop to, you know, Think about what you just said. Back one from $5. 2 300 or two over $350 in a very short period of time, Okay? And what I'm talking about a company that has found the cure for cancer but talking about a brick and mortar company That's gonna that's going to be transitioning supposedly To E comments so How? How much competition this game stop. Have lots. Ah, lots and lots. So this is that way? Five euphoria. It is very dangerous. There are a lot of people out there that are gonna get really hurt very, very soon. This guarantee, and we've seen this movie many, many times before. And they're always ends. Ugly is not this easy to make money where he's just throw money in companies that are that are just not viable or that are failing. Or they have very little to no profits and their going from 5 to $350 within a very short period time. Another one. He's a M. C. M. C went up within a couple of days. 5 600%. It was last time anybody wants for a movie. I don't know anybody. I again it. Did AMC just find the cure for cancer. No, it is its stock price is not wanted at these levels and the only reason why it is that these levels It's because you have the Robin Hood Day traders that think they're the masters of the universe, and they're just throwing money to the wind. It may be doing well now, but it's gonna be short lived, and all of them are most them or 95% of them are gonna be annihilated. Extremely soon. Trust me on this one. I really like, you know, we've seen this movie many, many times before. And the ending is disastrous. Yeah, All right. You heard here her so listeners. Obviously, this strategy is a trading strategy. It could create additional diversification. If you consider it is part of your overall portfolio. It's not buying hold. It is from trading, but There is risk. If you want to learn about the risk of the potential reward calls it 866 wealthy will be happy to talk to about this trading strategy. We do it all for you. In your accounts. You don't have to do anything but sit back and watch and again If you want to see three weeks of the emails of our daily trades and our analysis text, the word Spartan 2474747, and we will get you on that list to get the Three weeks email to you each morning and I think it's very, very valuable. So take advantage of that. Text The word Spartan 2474747. Thanks for joining us, Pete. Thanks for having me. Yeah, well, stay tuned, everyone. We'll see how this all turns out. We'll be right back.
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"Is is, uh Our job is to help is to try to figure out And to help our clients determine which which way the market is going to go over the short term and the other. The other ravage that we hold very sacred. Is that the crowd when that extremes Is always wrong. So a Z great Warren Buffett said. Be greedy when others are fearful and be fearful and others greedy. And when you know when people are being greedy, there's several there. Several waste that greed and fear can be measured. Um One way is to look at the put the call ratio another way is to look at investor sentiment. And both of those are at extremes. Right down there literally off the charts. How did he tell investor sentiments? Especially sentiment. There's um There's a couple of service out there. One of them that we use is the American Association of Individual Investors, and they come out with a survey every Thursday and they asked there Members. Where do you think the market's going to be a few months into the future? Or the bullets? Paris or or neutral and right now they're bullishness is very high. Bearishness is low. But more importantly, if you look at the put the cool ratio you have You have that record record low. There are tremendous amount of calls that are being purchased and very few puts, so it's just It's just It's very interesting. Let's let's elaborate on that a little bit. Let's go back in history. Um, if you look at the tech craze, right? Ultimately, there was a huge crash in the late nineties. Early two thousands in tech right before that occurred. Would you say investor sentiment was very bullish or bearish. Right before the bubble burst. It was that euphoric, historically high levels bullishness was off the charts. You would have stocks that would go up 345 10 fold within days. Um, there was just here. A man is going on kind of kind of like what's going on right now, With stocks like James stops. And AMC. BlackBerry stock. They're going up 2345 fold in a matter of a couple of days, and that's not only not healthy, it's not normal. It's not healthy and it It shows that there is excessive greed in the market, and we'll talk about. Let's talk about those stocks in a second, but getting back to the tack crash, so given What your methods are at that time. If you would have seen extreme euphoria you would have been in cash is shorting the market because that fair to say it's fair to say that when you see euphoria, it's best to be in cash until, um, until the market begins to enter a state of the clients because a lot of times Euphoria can last a lot longer than most people think, right? And to give you an example back in 1999 1 of the stocks that I was trading was a stock like Qualcomm. I had purchased that purchase the stock at $27 I so that a few days later at I believe 76 $78 something like that. So I doubled or tripled my money. Ah, few days after that, that it was trading at over $800 when you have a stock going for being a 25 26 or $27 going up to $850. That's a mania. Now. Anybody, uh, that would of began to have shorted that when they hit 100 or 203 100 to So you have to be patient before shorting because it could last a lot longer. Most people think that I can. And if you begin to short too early, you're going to get really hurt. So you mentioned Gamestop name seeing some other companies for Gamestop is a brick and mortar. Video games cellar, right, breaking mortars kind of out right now, although there was a huge supply for video games this year during covert that during the lockdown, But then, uh, a man named Ryan Cohen, who started Shui and a very successful e commerce company, started accumulating shares and now is on the board and he's an activist, and he wants to make the company more e commerce. So There's a group chat on a site called Reddit called Wall Street Bets, and A Lot of those people are saying This could be a really good investment. Now that Ryan Cohen's evolved, they're going to switch the e commerce and the stock went from the third. It was actually around five in August. Too, You know, in the thirties recently and then this month it ran up to, I think 145 $150 and then on Wednesday, the 27th in overnight trading it hit 3 60. Okay. And so the story remains to be seen how that's gonna end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria. That you mentioned obviously, How does that translate to? What were the work that you're doing right now? Um, because of the euphoria, you're not investing long right now. It's just just so everyone knows we offer an account of Charles Schwab that Pete gives us the signals and we buy and sell for our clients based on Pete's recommendations, and since we started in September of 2019 It's up 40% Since that time versus 23 for the S and P 500 in 2020. The strategy was up 19.14 versus 18 for the S and P. But the big difference is this account was never really down all year. Whereas you if you bought the S and P 500, you had to endure huge decline, and then it came back and by the end of the year Get a nice year where with the peat strategy. We were in cash during that decline, and we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but We certainly had a decent year. Not not a great year for repeat standards, but you know, still slightly beating the S and P 500 where you didn't have to endure that big roller coaster. Now, if anyone is interested in learning about Pete strategies, or in fact, I know Pete offers a knee email to subscribers and some people pay $1000 a month for If anybody wants to receive that email where Pete will give you his analysis and recommendation for three weeks at no cost, text, the word Spartan 2474747 texts or spartan 2474747. So, Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles that has 33 strong up upturned cycles to two corrective waves. And, But the fifth way, which is the one that we've identified they were currently in is the most euphoric wave..
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"Our job is to help. This is to try to figure out and to help our clients determine which which way the market is going to go over the short term and the other and the other rat. It's that we hold. Very sacred is But the crowd when that extremes Is always wrong. So a Z great Warren Buffett said. Be greedy when others are fearful and be fearful and others are greedy. And you know when people are being greedy, there's several there. Several waste that greed and fear can be measured. Um One way is to look at the put the call ratio another way is to look at investor sentiment. And both of those are at extreme right now, and they're literally off the charts. How can you tell what investor sentiment is especially sentiment? There's there's a couple of service out there. One of them that we use is the American Association of Individual Investors, and they come out with survey every Thursday, and they asked their members. Where do you think the market's gonna be a few months into the future? The bullets, Paris or or neutral and right now, um, bullishness is very high bearishness is low. And But more importantly, if you look at the put the cool ratio you have You have that record record low. There are tremendous amount of calls that being purchased and very few puts so insistent. It's very interesting. Let's let's elaborate on that a little bit. Let's go back in history. If you look at the tech craze, right? Ultimately, there was a huge crash in the late nineties early two thousands in tech right before that occurred. Would you say investor sentiment was very bullish or bearish? Right before the bubble burst. It was euphoric. Historically high levels bullishness was off the charts. You would have stocks that would go up. 345 10 fold within days. There was just here. A man is going on kind of kind of like what's going on right now, With stocks like James stops and AMC. BlackBerry stock there. They're going up 2345 fold in a matter of a couple of days, and that's not only not healthy, it's not normal. It's not healthy and it It shows that there is excessive greed in the market and we'll talk about. Let's talk about those stocks in a second, but getting back to the tech crashed so given What your methods are at that time. If you would have seen extreme euphoria you would have been in cash was shorting the market. Is that fair to say it's fair to say that when you see euphoria, it's best to being cash until, um, until the market begins to enter a state of decline. Because a lot of times that euphoria can last a lot longer than most people think right? And to give you an example back in 1999 1 of the stocks that I was trading was a stock like Qualcomm. At versus that versus the stock at $27. I sold it a few days later at I believe 76 $78 something like that. So double or triple my money. Ah, few days after that, that it was trading at over $800 when you have a stock on for being a 25 26 $2027 going up to $850. That's a mania. Now. Anybody, uh, that would of began to have shorted that when he hit 100 or 203 100? So, um, you have to be patient before shorting because it could last a lot longer. Most people think that I can. And if you begin to short too early, you're going to get really hurt. So you mentioned Gamestop name seeing some other companies for Gamestop is a brick and mortar. Video games cellar, right, breaking water's kind of out right now, although there was a huge supply for video games this year, joining covert that during the lockdown, But then, uh, a man named Ryan Cohen, who started Shui and a very successful e commerce company, started accumulating shares and now is on the board and he's an activist, and he wants to make the company more e commerce. So There's a group chat on a site called Reddit called Wall Street Bets, and A Lot of those people are saying This could be a really good investment. Now the Ryan Cohen's involved and they're gonna switch the e commerce and the stock went from the third. It was actually around five in August. To yo in the thirties recently and then this month it ran up to, I think 145 $150 and then on Wednesday, the 27th in overnight trading and hit 3 60. Okay. And so the story remains to be seen how that's gonna end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria that you mentioned. Obviously, How does that translate to? What were the work that you're doing right now? Because of the euphoria you're not investing long right now, Just just so everyone knows we offer an account of Charles Schwab that Pete gives us the signals and we buy and sell for our clients based on Pete's recommendations, and since we started in September of 19 It's up 40% Since that time versus 23 for the S and P 500 in 2020. The strategy was up 19.14 versus 18 for the S and P, but the big difference is This account was never really down all year. Whereas you if you bought the S and P 500, you had to endure huge decline, And then it came back. And by the end of the year you had a nice year where With the peat strategy. We were in cash during that decline. And we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but we certainly had a decent year. Not not a great year for Pete standards, but you know, still slightly beating the S and P 500 where you don't have to endure that big roller coaster now, if anyone is interested in learning about Pete Strategies, or, in fact, I know Pete offers a knee email his subscribers and some people pay $1000 a month for if anybody wants to receive that email, where Pete will give you his analysis and recommendation for three weeks at no cost. Text the word Spartan 2474747 text the word Spartan 2474747. So, Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles. It has 33 strong up upturned cycles to corrective waves. And But the fifth way, which is the one that we've identified that we're currently in, is the most euphoric wave. And it is the way of where things get still being ridiculous, which they are now, just as you mentioned about game stopped, you know, think about we just said Stock one from $5. 2 300 or two over $350 all right, in a very short period of time, Okay? And what I'm talking about a company that has found the cure for cancer but talking about a brick and mortar company that's kind of that's going to be transitioning supposedly To E comments so How? How much competition this game. Stop cast lots. Ah, lots and lots. So this is that way? Five euphoria. It is very dangerous. There are a lot of people out there that are gonna get really hurt very, very soon. This second guarantee you We've seen this movie many, many times before. And it always ends. Ugly is not this easy to make money where he's just throw money in companies that are that are just not viable or that are failing, or they have very little to no profits. They're going from 5 to $350 within a very short period of time. Another one he's a M. C. M. C went up within a couple of days..
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"Uh Our job is to help. This is to try to figure out and to help our clients determine which which way the market is going to go over the short term and the other and the other rat. It's that we hold. Very sacred is The crowd one that extremes. Is always wrong. So a Z great Warren Buffett said. Be greedy when others are fearful and be fearful and others are greedy. And we know when people are being greedy. There's several there. Several waste that greed and fear can be measured. Um One way is to look at the put the call ratio another way is to look at investor sentiment. And both of those are at extremes. Right now. They're literally off the charts. How can you tell what investor sentiment is? Especially sentiment. There's there's a couple service out there. One of them that we use is the American Association of Individual Investors, and they come out with Serbia every Thursday, and they asked there Members. Where do you think the market's gonna be a few months into the future or the bill? It's Paris or or neutral and right now they're bullishness is very high. Bearishness is low. And But more importantly, if you look at the put the cool ratio you have You have that record record low. There are tremendous amount of calls that being purchased and very few puts so it's very interesting. Let's let's elaborate on that a little bit. Let's go back in history. If you look at the tech craze, right? Ultimately, there was a huge crash in the late nineties early two thousands in tech right before that occurred. Would you say investor sentiment was very bullish or bearish? Right before the bubble burst. It was euphoric. Historically high levels bullishness was off the charts. You would have stocks that would go up. 345 10 fold within days. There was just here. A man is going on kind of kind of like what's going on right now, With stocks like James stops. And AMC. BlackBerry stock there. They're going up 2345 fold in a matter of a couple of days, and that's not only not healthy, it's not normal. It's not healthy and it It shows that there is excessive greed in the market and We'll talk about. Let's talk about those stocks in a second, but getting back to the tech crashed. So given what your methods are at that time, If you would have seen extreme euphoria, you would have been in cash. You're shorting the market. Is that fair to say? It's fair to say that when you see euphoria, it's best to being cash until, um, until the market begins to enter a state of decline. Because a lot of times that euphoria can last a lot longer than most people think right? And to give you an example back in 1999 1 of the stocks that I was trading was a stock like Qualcomm. I had purchased that versus the stock at $27. I sold it a few days later at I believe 76 $78 something like that. So double or triple my money. Ah, few days after that, that it was trading at over $800 when you have a stock on for being a 25 26 $2027 going up to $850. That's a mania. Now. Anybody, uh, that would of began to have shorted that when he hit 100 or 203 100? So you have to be patient before shorting because it could last a lot longer. Most people think that I can. And if you begin to short too early, you're going to get really hurt. So you mentioned Gamestop name seeing some other companies for Gamestop is a brick and mortar. Video games cellar Right and drinking water is kind of out right now, although there was a huge supply for video games this year during covert that during the lockdown, But then, uh, a man named Ryan Cohen, who started Shui and a very successful e commerce company, started accumulating shares and now is on the board and he's an activist, and he wants to make the company more e commerce. So There's a group chat on a site called Reddit called Wall Street Bets, and A Lot of those people are saying This could be a really good investment now that Ryan Cohen's involved and they're gonna search the e commerce and the stock went from the third. It was actually around five in August. To yo in the thirties recently and then this month it ran up to, I think 145 $150 and then on Wednesday, the 27th in overnight trading it hit 3 60. Okay. And so the story remains to be seen how that's gonna end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria that you mentioned. Obviously, How does that translate to? What were the work that you're doing right now? Because of the euphoria, you're not investing long right now. It's just just so everyone knows we offer on account of Charles Schwab that Pete gives us the signals and we buy and sell for our clients based on Pete's recommendations, and since we started in September of 19 Some 40% Since that time versus 23 for the S and P 500 in 2020. The strategy was up 19.14 versus 18 for the S and P. But the big difference is this account was never really down or year. Whereas you if you bought the S and P 500, you had to endure huge decline, and then it came back and by the end of the year Had a nice year where with the peat strategy. We were in cash during that decline, and we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but We certainly had a decent year. Not not a great year for repeat standards, but you know, still slightly beating the S and P 500 where you don't have to endure that big roller coaster now, if anyone is interested in learning about Pete Strategies are. In fact, I know Pete offers a knee email his subscribers and some people pay $1000 a month for if anybody wants to receive that email, where Pete will give you his analysis and recommendation for three weeks at no cost. Text the word Spartan 2474747 text the word Spartan 2474747. So, Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles as 33 strong up upturned cycles to corrective waves. And, But the fifth wave, which the one that we've identified they were currently in is the most euphoric wave..
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"You know is is, uh Our job is to help this is to try to figure out And to help our clients determine which which way the market is going to go over the short term and the other. The other ravage that we hold very sacred. Is that the crowd when that extremes Is always wrong. So a Z great Warren Buffett said. Be greedy when others are fearful and be fearful and others greedy. And you know when people are being greedy, there's several there. Several waste that greed and fear can be measured. Um One way is to look at the put the call ratio another way is to look at investor sentiment. And both of those are at extremes. Right now. They're literally off the charts. How can you tell what investor sentiment is? Especially sentiment. There's there's a couple service out there. One of them that we use is the American Association of Individual Investors, and they come out with a survey every Thursday and they asked there Members. Where do you think the market's gonna be a few months into the future or the bullets? Paris or or neutral and right now, um, bullishness is very high. Bearishness is low. And But more importantly, if you look at the put the cool ratio you have You have that record record low. There are tremendous amount of calls that being purchased and very few puts so insistent. It's very interesting. Let's let's elaborate on that a little bit. Let's go back in history. From if you look at the tech craze, right? Ultimately, there was a huge crash in the late nineties early two thousands in tech right before that occurred. Would you say investor sentiment was very bullish or bearish. Right before the bubble burst. It was euphoric. Historically high levels bullishness was off the charts. You would have stocks that would go up. 345 10 fold within days. Um, it was just here. A man is going on kind of kind of like what's going on right now, With stocks like James stops and AMC. BlackBerry stock there. They're going up 2345 fold in a matter of a couple of days, and that's not only not healthy, it's not normal. It's not healthy and it It shows that there is excessive greed in the market and We'll talk about. Let's talk about those stocks in a second, but getting back to the tech crashed, so given what your methods are at that time, If you would have seen extreme euphoria, you would have been in cash or short in the market. Is that fair to say? It's fair to say that when you see euphoria, it's best to being cash until, um, until the market begins to enter a state of decline. Because a lot of times that your four reaction last a lot longer than most people think right And to give you an example back in 1999 1 of the stocks that I was trading was a stock like Qualcomm. I had purchased that versus the stock at $27. I sold it a few days later at I believe 76 $78 something like that. So double or triple my money. Ah, few days after that, that it was trading at over $800 when you have a stock on for being a 25 26 $27 going up to $850. That's a mania. Now. Anybody, uh, that would of began to have shorted that when he hit 100 or 203 100? So, um, you have to be patient before shorting because it could last a lot longer. Most people think that I can. And if you begin to short too early, you're going to get really hurt. So you mentioned Gamestop name seeing some other companies for Gamestop is a brick and mortar. Video games cellar Right and drinking water is kind of out right now, although there was a huge supply for video games this year during covert that during the lockdown, But then, uh, a man named Ryan Cohen, who started Shui and a very successful e commerce company, started accumulating shares and now is on the board and he's an activist, and he wants to make the company more e commerce. So There's a group chat on a site called Reddit called Wall Street Bets, and A Lot of those people are saying This could be a really good investment. Now that Ryan Cohen's evolved and they're gonna switch the e commerce and the stock went from the third. It was actually around five in August. To yo in the thirties recently and then this month it ran up to, I think 145 $150 and then on Wednesday, the 27th in overnight trading it hit 3 60. Okay. And so the story remains to be seen how that's gonna end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria that you mentioned. Obviously, How does that translate to? What were the work that you're doing right now? Because of the euphoria you're not investing long right now, Just just so everyone knows we offer an account of Charles Schwab that Pete gives us the signals and we buy and sell for our clients based on Pete's recommendations, and since we started in September of 19 It's up 40% Since that time versus 23 for the S and P 500 in 2020. The strategy was up 19.14 versus 18 for the S and P, but the big difference is This account was never really down all year. Whereas you if you bought the S and P 500, you had to endure huge decline, And then it came back. And by the end of the year, he had a nice year where With the peat strategy. We were in cash during that decline. And we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but we certainly had a decent year. Not not a great year for Pete standards, but you know, still slightly beating the S and P 500 where you don't have to endure that big roller coaster now, if anyone is interested in learning about Pete Strategies are. In fact, I know Pete offers a knee email to his subscribers and some people pay $1000 a month for if anybody wants to receive that email, where Pete will give you his analysis and recommendation for three weeks at no cost. Text the word Spartan 2474747 text the word Spartan 2474747. So, Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles. It has 33 strong up upturned cycles to corrective waves. And, But the fifth wave, which the one that we've identified they were currently in is the most euphoric wave. And it is the wave where things get silly and ridiculous, which they are now, just as you mentioned about James, stop to, you know, think about we just said Stock one from $5. 2 300 or two over $350 all right, in a very short period of time, Okay? And what I'm talking about a company that has found the cure for cancer. But talking about a brick and mortar company That's gonna that's going to be transitioning supposedly To E comments so How? How much competition This game stopped half lots. Ah, lots and lots. So this is that way? Five euphoria. It is very dangerous. There are a lot of people out there that are gonna get really hurt very, very soon. This guarantee you we've seen this movie many, many times before. And it always ends. Ugly is not this easy to make money where he's just throw money in companies that are that are just not viable or that are failing or that have very little to no profits. They're going from 5 to $350 within a very short period of time. Another one he's a M. C. M. C went up within a couple of days..
NewsRadio WIOD
"pete currently" Discussed on NewsRadio WIOD
"It was actually around five in August. To yo in the thirties recently and then this month it ran up to, I think 145 $150 and then on Wednesday, the 27th in overnight trading it hit 3 60. Okay. And so the story remains to be seen how that's gonna end. But there's been an enormous short squeeze. So there's other stocks that are acting like that as well. And I guess it's one of the signs of euphoria that you mentioned. Obviously, How does that translate to? What were the work that you're doing right now? Because of the euphoria, you're not investing long right now. It's just just so everyone knows. We offer an account of Charles Schwab that Pete gives us the signals and we buy and sell for our clients based on Pete's recommendations, and since we started in September of 19 It's up 40% Since that time versus 23 for the S and P 500 in 2020. The strategy was up 19.14 versus 18 for the S and P, but the big difference is This account was never really down all year. Whereas you if you bought the S and P 500, you had to endure huge decline, And then it came back. And by the end of the year, he had a nice year where With the peat strategy. We were in cash during that decline. And we actually were able to avoid it. And you know, we didn't make his much once the market was rebounding because we were more cautious, but we certainly had a decent year. Not not a great year for Pete standards, but you know, still slightly beating the S and P 500 where you don't have to endure that big roller coaster now, if anyone is interested in learning about Pete Strategies are. In fact, I know Pete offers a knee email to his subscribers and some people pay $1000 a month for if anybody wants to receive that email, where Pete will give you his analysis and recommendation for three weeks at no cost. Text the word Spartan 2474747 text the word Spartan 2474747. So, Pete Currently, you know, you are very cautious about the market talk about as of late January. What's making you be very cautious and what's making you potentially be bullish. What's keeping us cautious is there is there is a market time technique that is called the Elliot Wave. And there, Elliot Wave has five cycles as 33 strong up upturned cycles to corrective waves. And, But the fifth wave, which the one that we've identified they were currently in is the most euphoric wave. And it is the wave where things get silly and ridiculous, which they are now, just as you mentioned about James, stop to, you know, think about we just said Stock one from $5. 2 300 or two over $350. All right, in a very short period of time, Okay? And what I'm talking about a company that has found the cure for cancer, Right? Fucking about a brick and mortar company. That's gonna that's going to be transitioning supposedly To E comments so How? How much competition this game stop. Have. Ah, lots. Ah, lots and lots. So this is that way? Five euphoria. It is very dangerous. There are a lot of people out there that are gonna get really hurt very, very soon. This guarantee you we've seen this movie many, many times before. And it always ends. Ugly is not this easy to make money where he's just throw money in companies that are that are just not viable or that are failing, or they have very little to no profits. They're going from 5 to $350 within a very short period of time. Another one is a M. C. M. C went up within a couple of days. 5 600%. It was last time anybody wants for a movie. I don't know anybody. I again it. Did AMC just find the cure for cancer. No, it is its stock price is not wanted at these levels and the only reason why it is that these levels It's because you have the Robin Hood Day traders that think they're the masters of the universe, and they're just throwing money to the wind. And maybe doing well now, but It's gonna be short lived, and all of them are most them or 95% of them are going to be annihilated extremely soon. Trust me on this one. All right. You know, we've seen his moving many, many times before. And the ending is disastrous. Yeah, All right. You heard here her so listeners. Obviously, this strategy is a trading strategy. It could create additional diversification. If you consider it is part of your overall portfolio. It's not buying hold. It is some trading. But there is risk. If you want to learn about the risk of the potential reward calls it 866 wealthy will be happy to talk to about this trading strategy. We do it all for you. In your accounts. You don't have to do anything but sit back and watch and again. If you want to see three weeks of the emails of our daily trades and our analysis text, the word Spartan 2474747, and we will get you on that list to get the three weeks email to you each morning and I think it's very, very valuable. So take advantage of that. That's the word Spartan 2474747. Thanks for joining us, Pete. Thanks for having me. Yeah, well, stay tuned, everyone. We'll see how this all turns out. We'll be right back after these messages. Hi. This is Keith Singer. I've been advising families about their money for 25 years. After the first five years, I got pretty good at it. After 15 years I got even better and after 25 years, I'm really the top of my game. Now, Money management isn't easy. There's lots of components investment management income tax planning state planning in complaining healthcare planning an alternative strategies..
KIRO Radio 97.3 FM
"pete currently" Discussed on KIRO Radio 97.3 FM
"Place like Dallas now. Dallas isn't out there searching for GM right now. Jerry Jones kind of holds down the fort. There He is an owner that is incredibly meddlesome in all decision making so If you're John Schneider, and you're looking around the field of GM opportunities. No one to opportunities are like so here in Seattle, you have to share some decision making power with with a head coach. You may not have to do that in Detroit or in another place. But your owner is incredibly supportive of you and very hands off the Allen family. The late Paul Allen and his sister Jody, have both been incredibly supportive and not overly meddlesome with this team. That's a huge incentive You don't have, like the barest did someone breathing down your neck, saying we need this guy in enforcing U to make decisions You don't want to make Um so so you have to consider both sides of that. And you also have to consider, you know, just 10 seconds. You also have to consider the draft and salary cap situation. You're in. How? How much do you want to go to Detroit? If they don't have the number one pick the number two pick where? What are you starting with? When you go there? Yeah, that makes that makes tennis since grade school. Okay, so then give me your what would you do? Let's say, because there's a lot of talk out there that one of the things that might be important to John Schneider is having the final say on draft picks and decisions and that Pete currently has that. Right. So if you're the owner What would you do? Would you try to strip that from Pete? And do you think Pete would be okay with letting John have that? I don't think he I think that Pete like any Just like John Schneider would. No one wants to lose decision making power over something. You are comfortable building and have built. I think the best thing you can do if you're the Seahawks talking to Schneider is You have great relationships with people here, um, incredibly supportive relationships. Pete Carroll has said nothing but good things about John John has said nothing but good things about Pete. Not only that, but I would imagine this is Pete Carroll's final contract, Just given his age, John Schneider will have more contracts in the future. I'm curious, though, Do we know? I mean, does anyone plugged in enough in the Seahawks to know Let's just look at the best and worst Seahawks picks over the last over the the Carole Schneider Rain whom actually made those In other words, like Do we know? Know who made that? Who was the final? Who was the person pushing hardest for X? Or why? Because that would actually I mean, if your people the organization who certainly know that That to me would be a big determining factor. And who and who you want to provide leverage to, right? Yeah, we aren't privy to that information often the only couple that I could go back to and remember where they literally have said this year. Pete gave total credit, too. John for Reed Forgetting read. Hey, said, Look, that was totally him. And then they gave credit to Pete for Chris Carson. Yeah, that was one that Pete kind of said I found him. Pitched him to John John took a look. And then we started, you know, doing what they do, But yeah, Those are the two that I've ever heard them kind of give you a little more insight into who actually.
KIRO Radio 97.3 FM
"pete currently" Discussed on KIRO Radio 97.3 FM
"A place like Dallas now. Dallas isn't out there searching for GM right now. Jerry Jones kind of holds down the fort. There He is an owner that is incredibly meddlesome in all decision making so If you're John Schneider, and you're looking around the field of GM opportunities. No one to opportunities are like so here in Seattle, you have to share some decision making power with with a head coach you You may not have to do that in Detroit or in another place. But your owner is incredibly supportive of you and very hands off the Allen family. The late Paul Allen and his sister Jody, have both been incredibly supportive and not overly meddlesome with this team. That's a huge incentive You don't have, like the barest did someone breathing down your neck, saying we need this guy and enforcing U to make decisions You don't want to make Um so so you have to consider both sides of that. And you also have to consider, you know, just 10 seconds. You also have to consider the draft in salary cap situation You're in. How? How much do you want to go to Detroit? If they don't have the number one pick the number two pick Where? What are you starting with? When you go there about? Yeah, that makes that makes total sense. Okay, so then give me your what would you do? Let's say, because there's a lot of talk out there that one of the things that might be important to John Schneider is having the final say on draft picks and decisions. And that Pete currently has that right? So if you're the owner What would you do? Would you try to strip that from Pete? And do you think Pete would be okay with letting John have that? I don't think he I think that Pete like any Just like John Schneider would. No one wants to lose decision making power over something. You are comfortable building and have built. I think the best thing you can do if you're the Seahawks talking to Schneider is You have great relationships with people here, um, incredibly supportive relationships. Pete Carroll has said nothing but good things about John John has said nothing but good things about Pete. Not only that, but I would imagine this is Pete Carroll's final contract, Just given his age, John Schneider will have more contracts in the future. I'm curious, though, Do we know? I mean, does anyone plugged in enough in the Seahawks to know Let's just look at the best and worst Seahawks picks over the last over the the Carole Schneider Rain whom actually made those In other words, like Do we know? Know who made that? Who was the final? Who's the person pushing Hardest for X? Or why? Because that would actually I mean, if your people the organization who certainly know that That to me would be a big determining factor. And who and who you want to provide leverage to, right? Yeah, we aren't privy to that information often. Yeah, the only couple that I could go back to and remember where they literally have said this year. Pete gave total credit, too. John for Reed Forgetting read. Hey, said, Look, that was totally him. And then they gave credit to Pete for Chris Carson. Yeah, that was one that Pete kind of said I found him. Pitched him to John John took a look. And then we started, you know, doing what they do, But yeah, Those are the two that I've ever heard them kind of give you a little.