JEROME POWELL LIVE @ 10AM EST

"5630 yeah you're right under there so that'll be the next level 5630 and then maybe it chills out but if tomorrow does do good it'll probably keep running"

"TLT I mean I think that's going to be a good play for tomorrow it not saying it's going to go up uh although I am positioned for the upside uh it is uh I do think the bonds are going to have the most risk reward tomorrow"

"if CPI confirms the bonds are are really really lagging Behind still so that's the only thing here that's why I'm like bonds I think are really going to be the move"

"if CPI comes in good do you think bonds will rock it TLT it will but I will tell you this uh the short term as well so ironically enough people are talking about the yield steepener but they're trying to say that higher long-term rates like TT aren't going to get as much juice so I think the better the data the short end of the Curve will do better but but I can get behind I mean I'm still in a pretty decent Siz Bond trade I do think there is there's way more upside on the bonds here if there is some good good"

"if you do that for the next 10 years while you're working I do think your goals will be attainable uh you know 5 million 10 million 1 million it obviously depends on how much money you end up bringing in but the fact is as long as you are doing those two things my brother you have no I that is the hardest thing to do literally save and then make a plan and stick with it so if you can make a plan right now saying I'm going to save 20% Which is aggressive and you're not going to gamble away half of it on options and then you're going to put it into both growth names and value and like I'm saying if you don't want to focus and like you you you may be until you get the experience and you don't want to get bogged down by like picking and choosing literally just go and buy this spy every month you deposit you buy you average into it and then maybe after a year or two you might want to buy some cheap stocks and that's something I would do right now I would I would maybe put 75 % on spy and Vu if you really want to be like you know fiscally conservative and then take 25% of that 20% savings and then just go buy some of the names that are at 20-year lows right now fizer Nike Starbucks I mean [ __ ] you can even go for a McDonald's which is a little higher if you wanted to but do you get the idea of what I'm saying here so but when it's all said and done I really think if you make this plan today start saving the money and start allocating it to this then you're you're going to be good to go and I I think it's really and like I'm saying use my portfolio as a model but you could do it really safe you don't have to pick and choose you're studying for college you know what I'm saying you're about to be a resident so it's like just buy the Spy go buy SPX or Vu again until you get that or maybe if you see me buying an extreme value play I I wouldn't be I wouldn't hesitate to buy a little bit of it you know what I'm saying like some of these plays that I'm going after there's a reason I'm buying Nike at a at a 10year low fiser is at a 20-year low even Intel when we bought it was at a was at a 20e low you know what I'm saying so I wouldn't be too scared of those but to make sure you get the ball rolling and rolling safely and compounding you could put a majority on Vu and the spy and call it a day and that's it"

"I would use that opportunity the fact that you have Nidia killing it I would go and buy with all your other Roth and savings contributions I would just go buy the dividend stocks now so now you could let growth run and let it ride one of the best in the world right now and you got in at a great time I would just let that thing grow you get what I'm saying I wouldn't even worry about it and then I would go buy fizer I would go buy Nike I would even maybe get a little bit of Intel I would go buy the things now and then that way you could just slowly build up all of everything else while the Nvidia is either going to double again or even if it comes down you be like oh I could have made money I could have took profits but then hopefully all that stuff you bought at the lows it it's able to start going up as well too"

"we are on the golden path right now it's been almost a year of growth expanding slowly while inflation has came down so you're on the golden path you're literally witnessing it now the question is when is inflation over and then will probably be near those highs you know maybe a little bit higher from here maybe a lot higher but when it's all said and done I mean the you're you're already in that golden path it's just a matter now we're waiting to stick the landing that's what it is right now the flaps are out the wheels are out and every you know we're gliding down but everything's looking good it just you have to stick the landing and then either the market comes down off of that or it'll confirm all of the movement we just had and then the next realm of where the market goes that'll just be dependent on the next driver of growth and how do these companies play out or do these companies take all this profit that they've made and then the lack of growth and lack of economic decline leads them to both buyback shares reinvest and and have a way to return Capital to shareholders thereby increasing the the value of the stocks"

"that'll be the next level 5630 and then maybe it chills out but if tomorrow does do good it'll probably keep running and then we got 10-minute rigged"

"bonds are still holding up but that will probably be the play of the week here if CPI confirms the bonds are are really really lagging Behind still so that's the only thing here that's why I'm like bonds I think are really going to be the move"

"where do we go if CPI is clean I mean I think it'll either go up a little bit or it'll just hold whatever we have right now"

"not much yet and sadly I don't think the housing market will respond until we get into uh what's it called until we get into uh how you say uh the job market actually you know responding negatively until then it might just chill"

"it will snowball and grow but the point is you got to start adding and build that foundation and build it up and that's why I'm saying just start now cuz before you know it it's it's going to do its thing and I'm sure you will appreciate it greatly"

"start it now and lit again that YouTube account I showed you with 20 grand we started that with $2,000 and then we added 200 bucks a month until we moved up to 300 so if you could save and keep adding I think a great place to start take a go buy four or five names or maybe four names with 500 bucks each and then build out from there and then little by little add to it and then write it out and then again get depending on how young or risk aggressive you go more growth and then less dividend or you could go 50/50 just don't go More than 70% of anything"

"yeah we're looking for 0 2 on the core headline to come in at zero or01 and it'd be 3.3 to 3.1 and then core is going to be sticky but remember last time we got excited and again I don't know if you guys recall this is the thing I will tell you last time CPI was bigger than Powell where was it right here so this was your last CPI remember CPI was so good and then you danced around with Powell around here and then lately you've been kind of bouncing off that power level for the last week or so that was the start of last week but remember that CPI was refreshingly positive last ime oh time oh [ __ ] H it might be no yeah I think it's going to come down tomorrow you're even comparing it even the year-over-year comps June was low headline might come up but core is going to come down tomorrow I wouldn't be surprised if that happen so either way though it should end up all roses I think"

"in my mind it makes a lot more sense for Powell to wait till after the election why because the Powell is literally the day after the election or two days after so like straight up he can just like why even give yourself the political you know logic when you could just wait like or have why why deal with the political flak when you could just wait"

"but I think around like five or six they'll start to panic"