STOCK MARKET FALLS 😱 WILL THE COLLAPSE CONTINUE? 📉 RICH TV LIVE – JUNE 27, 2020 – markets dropped hard this week what do we have in store for next week?
What’s up guys this is rich from wish to be live and we had a crazy week i told you guys that the market was gonna crash i told you guys to stay in cash i told you guys that i thought avenches gonna come and market hasn’t crashed yet but the market went down a thousand points this week so i definitely think that there are some things that we need to consider and
There are some things that we need to think about as investors and one of those things is whether or not the market is going to crash for q2 which we said is going to start everyone’s going to start reporting their financials pretty soon so we’re going to be seeing very soon here whether or not we will have a crash or did this huge explosion in the markets over
The last three months after the crash in march give us a nice cushion to cushion the blow and that’s kind of what i’ve heard trump talk about a lot is the market had a nice cushion because it was at all-time highs for the crash and i kind of feel like they’re prepping for another cushion you know they’re there they’re prepping for another crash by having a huge
Cushion in the market they had a huge cushion in the market we had a crash in march went from a 29 k dow to an 18 k dow huge crash and now we’ve come back from 18 k to 26 k we’ve seen a lot of stocks go beyond where they were before the crash especially stocks like amazon and zoom companies that are taking advantage shop companies that are home-based businesses
That really haven’t been affected by the coronavirus where people are actually buying more products because they’re at home we’ve actually had an explosion of home-based businesses take off we had an explosion of home-based businesses do really really well so i believe this will continue and i believe this trend will continue and you will see this trend continue
And evolve and continue and evolve and continue and evolve there will be a second wave i’ve already predicted that there will be a second wave and the question is what are you gonna do to protect your income in a second wave if we get told to go home again if the entire world gets told to go back home again what will you do to protect your income and protect your
Family and continue continue to pay your bills and continue to support your family in the event of a second wave and you know luckily the members within our trading academy have started to take action and it started to take control of their destiny started to take control of their income started to take control of their life and congratulations for everyone who
Has done that but if you’re still sitting at home and you’re trying to figure out what you’re gonna do you got to make a decision now you can’t wait i wouldn’t be waiting watching netflix i wouldn’t be watching netflix and chilling that wouldn’t be what i would be doing i’d be thinking of a plan now i’d be developing strategy now i’d be thinking what am i going
To do now to feed my family for the rest of 2020 what am i gonna do now to hit my goals for 2021 what am i gonna do now to hit my goals for 2020 – what are you gonna do now to set yourself up are you guys doing what’s up ij happy saturday hey what’s up jacob what’s up john good morning moscow mule says which house did your sister end up going with on island house
Hunters she actually ended up not going with any of those houses she actually built her own she actually built her own home in the cayman islands where she’s living right now she built it from scratch but yeah it’s pretty cool a lot of people been saying they’ve been seeing that episode so that’s kind of interesting it’s actually caribbean life the name of the show
Is called caribbean life you guys want to see the episode you can go to caribbean life and you can see the episode i was on television i was on caribbean life it’s true it’s caribbean life yeah yeah i know vio has been on fire i brought you guys that pic at seven bucks i broke i brought my members that pic at two dollars and you could see that it broke over thirty
Four dollars this week almost thirty five dollars it hit so congratulations to everybody on i know vio i made a pact that i was going to start squeezing the shorts i said if shorts want to come after my pics that i’m gonna go after them and if they’re gonna come after my pics then my modus operandi is to squeeze them to completely just squeeze them and make sure
That they just go out of business and i know vio was the first of many short squeeze plays and i got more coming i got more coming i think genius brands is a phenomenal short squeeze play i’m just putting it out there i think genius brands is a phenomenal short squeeze play no debt fifty five million in the bank warren buffett cartoons yeah arnold schwarzenegger
Jay z shaquille o’neal cartoons yeah i’m into it i’m into it i’m into genius brands i think the upside is tremendous obviously any stock that goes from six cents to two dollars is obviously god’s a chance to go back down because it’s extreme dup but i just think that they’ve got the right recipe they got a tight share structure they got no debt they got money in
The bank they got a strong management team they got star power and warren buffett i think they go higher yes vxr tea has an opportunity to be another ino there’s no doubt about it i think genius looks incredible you know all i can do is bring you guys the pics do the research and try to identify undervalued underexposed and underappreciated opportunities that’s
All i can do and if they go up fantastic if they don’t well you know what we tried we can’t be right on every pick when am i going to sell i you know best advice i can give you is when you’re up on a trade and it starts to come down take your profit when you’re when you’re up and then as soon as it starts to kind of retrack ghetto so that’s my advice if you know
The way i trade when i’m in profit and i see it starts to come down i’m oh what are my thoughts and see etx alexi tx actually i’m buying for our office we’re gonna be buying a couple a couple smart desks so stay tuned i’ll be making videos from those smart desks are we playing these next three months on trump announcing vaccine yep absolutely absolutely i mean all
The coronavirus related stocks have been just on a tear i’ve called ceo dx i called i inovio i called mrna t doc t do see i mean these are all pics that i brought you guys first before anyone else in the world so all of those picks have exploded and i believe they will continue to i brought you nva x i mean all of those picks have been huge explosions i brought
You genius brands it’s not a coronavirus play but it’s done extremely well and i’m gonna continue to identify undervalued underappreciated underexpose companies it’s what we’ve done best i believe better than anyone else on the planet and will continue to and that’s our modus operandi is just to help you guys win just to help you guys find winners and help you
Guys make money that’s really all i care about i really don’t care about views i don’t care about subscribers and i don’t care about khlo none of that really matters to me all that matters to me is that our membership is winning that’s really what matters i’m not gonna come here and give you guys garbage picks i’m gonna come here and give you guys the pics that i
Think have the most upside obviously i brought you guys amazon three years for four bucks look at them now i brought you guys facebook at 100 bucks look at them now i brought you guys twitter look at them now i brought you guys tulio looking now i brought you guys netflix look at them now these are all companies that i’ve continuously talked about for three years
All of them have done extremely well i’ve been talking endlessly about visa mastercard american express all of them have continued to climb i talked to you guys about amd they’ve continued to climb i’ve talked to you about apple they’ve continued to climb i’ve talked to you about tesla they’ve continued to climb we’re gonna continue to bring you guys companies that
Are undervalued underappreciated underexposed and the goal is to find the bottoms of the best companies if you’re investing the best companies you don’t have to worry about them going bankrupt find the bottoms of the best companies and when they go up take your money and run that’s all i can tell you men i know for a fact i’m the only person on the planet giving
You stock picks from a hot tub on a saturday and i do this pretty regularly and i’m also probably the only person that’s been giving you pics that are going up thousands of percent pretty regularly too so i’m gonna continue to do that as well yes i know vo has been supported by bill gates and has been supported by the department of defense i think works a good
Deal i know that i think marks a good deal too and mark’s done very well and i think work has a lot of upside i like the way you guys are thinking i like good companies good strong tight share structure strong management team products that have huge upside obviously plant-based food companies i’ve been telling you guys about baby right now i like very i think very
Has enormous upside very good butchers is the name of the company plant-based foods i think it’s the future and i like to get in early on companies that i think are futuristic i told you guys about tesla they were futuristic they exploded i told you guys about baby plant based baby formula at 30 cents they went to almost $3.00 this is what we do is i know vo the
Next gw ph i mean that would be phenomenal gw ph is another company i brought to you guys it’s possible it’s absolutely possible i know vo is doing some incredible things and it’s take a long time for them to get here some people want to call them a hype machine i call them a making money machine because if you’re an investor you’ve been able to make killing on a
No vo so you may want to call them a hype machine i call them a making money machine everybody’s got their own opinions but my opinion is that their money making machine so it’s going to be very interesting to see what happens next week obviously the markets been in a market melt up despite the fact that we’re in a global pandemic a man hot tub with the clouds
Doesn’t get better than this i’ve been telling everyone to stay in cash because i’ve been feeling like a market crash is coming the stimulus has been keeping this market up i just don’t know how how long they can do it i believe a crash is imminent it may not happen but this week wasn’t a surprise for me okay i’ve been staying in cash and then once i saw certain
Things that i wanted go low i started positioning myself i will be positioning myself in more bigger companies over the next few months and it’s going to be very interesting to see what’s going to happen going into july because now companies are gonna start reporting their q2 financials you’re gonna see some companies going bankrupt because of the coronavirus
You’re gonna see some companies getting bailouts you’re gonna see some companies reporting pretty much like zeros for the quarter that’s going to be interesting to see how the market’s going to be able to hold up under that pressure so i say if you’re gonna invest in anything investing the best companies that are undervalued underappreciated underexposed tight
Share structures hot sectors and if you really want to invest in something right now invest in something that can benefit from the homebase sector why would genius brands benefit from this cartoons people are at home watching cartoon so they could be one of the companies that benefit from the whole you know being a home based company in a corona virus pandemic so
I’m gonna be watching very carefully if there’s any news or anything happening that i need to bring you guys i will i just wanted to share some of my ideas and opinions for next week i got a lot of picks i’m thinking about for next week i’m gonna continue to think about it over the weekend and if i have any breakthroughs or anything that i think you need to know
About i’m gonna definitely break it down for you guys i definitely think genius brands is one to watch i think very good food is one to watch and i’ve got a lot more than i’m looking at so stay tuned i’ll be back in the hot tub and if i feel like there’s anything that i need to bring to your attention or any pics that i think you just have to know about i’ll make
Sure i bring it to first hello peace well you guys know what i think about beyond me right i like plant-based foods so take a look at very the next beyond me you heard it here first your boys oh peace
Transcribed from video
STOCK MARKET FALLS 😱 WILL THE COLLAPSE CONTINUE? 📉 By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2020-06-27T163952+0000endTimestamp2020-06-27T165310+0000}
