AVOID INVERSE FUNDS

“At this stage, it's too late. We've already had that October correction and we had in one of our programs, we had 20 plus percent in the inverse funds. These are funds that will short the indexes or short something. Shorting means they go in the opposite direction of the market. If the market went down 10% and you had an inverse S&P 500, which I believe is SH, that's the inverse of the S&P 500, that's the PowerShare short S&P 500, which by the way, we do own, we still own our inverse positions, but we might be teasing our way out of them shortly.”

“Apple was opened up down 13%. Why did it open up 13% down? It beat expectations, both earnings and sales, but they guided lower. And they said they're not going to report unit sales of iPhones anymore. Why did they say they wanted, why are they doing that? Well, because iPhones were kind of, sales were flat. And they're going to move toward a revenue that's more based on services, the services business. And that was to be expected. I think that that makes sense, actually. I think they'll make more money doing it that way.”

“I don't know, but everyone surely wants Strong Jobs Report. You see that this morning? 250,000 new jobs. Way more than expected. That's pretty impressive, I thought. Pretty impressive. Well, since it's Friday, I'm going to give you a highlight tour of our certain experts from our KPP Premium newsletter. I usually do that every Friday because that's when it goes out. I put effort in this thing. Every Friday, I write it.”

“Well, bank stocks work really good when interest rates rise slowly, okay? They usually are fairly good in that kind of scenario. They work really bad just before recessions start to happen. They don't do very good in recessions at all, okay? They don't because there's a lot more defaults on the loans they make. Now, if you're going to go to a big bank, which Bank of America, the ones you two mentioned are very large banks, now you got to worry about international issues.”

“Aluminum prices have rocketed to four-year peaks after Iranian attacks targeted Middle Eastern smelters, highlighting how geopolitical risks can instantly reshape commodity markets. The industrial metals complex is flashing warning signs about supply chain disruptions that could ripple through manufacturing sectors globally. These geopolitical events demonstrate the sudden impact that conflict can have on industrial inputs and global logistics.”