Recommendations
Entry is the asset's closing price on the publication date. Current is the last close on record.
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Entry $718.96 04 Sep 2026Current $718.96 04 Sep 2026Result +$0.00vs. index +0.0% SPY +0.0% over the same days
You guys know I'm going to be looking at QQQ and I'm going to be looking to do puts.
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Entry $319.97 04 Sep 2026Current $319.97 04 Sep 2026Result +$0.00vs. index +0.0% SPY +0.0% over the same days
I have my long-term Apple. I'm keeping my long-term Apple. I believe in Apple longterm.
Full Transcript
What's up good people? How you doing? Welcome back to Stock Up with Larry Jones. We are already here in Lombard, Illinois. We're going to be speaking tomorrow morning. It's still time to come out and be with us tomorrow morning for two hours here in Lombard, Illinois. Okay. Uh I'm going to leave a link I'm going to leave a link below. It'll be the second link below if you want to come out. But we got a lot of data to get to. We're just going to read it off of this sheet and go one for one and discuss it. All right. Apple went down as it awaits new phone uh roll out and update. Okay. Um so Apple went down. It went up. You we know that Tim Cook is done and we have the new CEO. All right. So when Tim Cook was done, Apple went down a little bit and then the first day that the new CEO was in, it went up a little bit and now it's coming down a little bit because I just believe that people expect lackluster uh phone releases. There's talk about a, you know, a folding phone and all of that. And um in the previous releases, they have just been lackluster and very low excitement and nothing new. So, we're going to keep our eye on Apple. I have my long-term Apple. I'm keeping my long-term Apple. I believe in Apple longterm. Now, let's talk about what changed the uh market sentiment this morning. What changed the market direction in the pre-markets? The NASDAQ, which is tech heavy, was actually up. So, it was up this morning until the job data came out. Job data came out an hour before. All right. So, the job market proved itself to be strong uh and stronger than analysts thought. A lot stronger. Okay. Although they keep revising numbers, we gained 162,000 jobs, much much more than was expected. So, here's how it go. Good job numbers means bad for stock in this environment. So, good jobs mean the economy is still good. Okay. And we've had earnings and earning after earnings, overall earnings have been good. Yeah, there's been a few uh companies that didn't perform well, but overall earnings, especially with big tech, have been knocking it out of the park this whole earning season. So, that's holding the stock market up along with AI. Now, jobs came strong and yields jump higher, right? And equities go lower. So bad news is good news for those of you that want to know how this works. If the jobs came in come in strong, which they did this morning, that means the Fed has more run room to increase interest rates. That's the way it goes. That's the way when you look at your This is why you look at your portfolio on a day like today and things were going down. Now, here's what's crazy about this. The president of these United States is demanding that the Fed lower interest rates now that we have a uh booming job market or a strong job market, but they keep revising the data. They keep revising the numbers. So, who's to even trust or to know where where the real numbers are? Okay. And so the president knows that the Fed can't lower interest rates based on these jobs. And so it is what it is. You can think what you want to think. You can hear what you want to hear. And and the truth is is that the president knows he can't do that. Okay? So he wanted that and that's not happening. Right? So the stock market is still at alltime high because of bullish earnings. This earnings season has just been phenomenal if you ask me overall and it is keeping the stock market near all-time highs up high. All right, so now let's talk about Tesla. We talked about Apple and we talked about them uh rolling out their phones and it being last lackluster. That's why Apple is down right now. again uh yesterday it was up as the new CEO was finding his positioning and his footing and it was down the day that Tim Cook left. Now let's talk about Tesla. Tesla had their Cyber Cab roll out and just like their other roll out last year it was lackluster and the stock went down. Okay, the stock went down. People ask me, Larry, are you buying um uh SpaceX right now? And I'm going, no, I'm not buying SpaceX right now. I'm not buying that ticker symbol, but I'm buying into SpaceX. And I always tell them, I already have some SpaceX. And they say, "How do you have it if you're not buying it?" I have Tesla. Eventually, SpaceX is going to buy Tesla. This is what I believe. And so right now Tesla's the easier move for me, but I do believe and I don't care where SpaceX is. It was expected to go back up to 150, which it did, and it starts to cool off. 150 is a local high now. Remember, it went up to like 220, right? I'm not buying at these prices, and I don't regret it not buying and it taking off. I'm just going to be patient and I'm just going to wait. Now, here's what's coming next week. We have CPI and PPI, and it's going to be very uh important for us to watch those numbers as we approach the next FOMC meeting where the Fed is going to have his decision on what he's going to do with rates and then the gotcha questions uh from the media. All right. Now, you guys saw me make $10,000 right in front of you last FOMC meeting. You guys saw the play. I went live. I I gave you the setup and and we executed it, right? And uh the only thing I didn't do because I was live is go in heavy because I normally do. Now, what I'm going to say right now before we go into next week, by the way, Monday's a holiday, so we won't be trading. I'm going to tell you, it is not 100% proof, okay? It's not. Nothing is right. So, you have to trust the signal. How do you trust the signal? Come and join us in Money Moves. That's going to be the top link below. and learn and earn now and be ready for the FOMC meeting. If the Fed hints that he is close to raising interest rates, the market will go down. You guys know I'm going to be looking at QQQ and I'm going to be looking to do puts. Now, just because I look to do puts intraday as the Fed talks, sometimes it goes up and then it has a cool off. Okay. So, you can go back to my last video and watch the setup and go from there. Right. So, now uh markets closed today uh and it's it's closed it's closed down but it will be closed Monday. That's what I was trying to read on this paper. So, we got CPI along with the FOMC meeting that is going to be the market maker for next week which is a short week. So I am here in Lombard, Illinois and uh I am going to be speaking for two hours uh for the Ray Sisters prayer conference and I'm going to be talking a little faith and a lot of finances. It's still time to get here. That's going to be the second link below in the description. So, hit more on your device and then just go to description under this video and you will see how to meet up with me for two hours. I'll be up for 2 hours. We're starting at 9:00 and we're going to be over with at 12. Okay? So, come on out and join us here. Uh remember to check out the links below. The top link will be money moves. So, come learn and earn. And then behind that will be where I'm going to be on Saturday morning. So now I'm going to leave with a little music and some of the winnings over the last few weeks as I teach people how to do options properly and how to walk away with winnings. We'll see you uh some of you I will see you tomorrow morning, Saturday morning here at Lumbart and the rest I will see you on Tuesday because Monday is a holiday. Live, love, laugh and learn. Hey, hey hey hey hey hey hey hey hey hey hey. Hey, hey hey hey hey hey hey hey hey hey hey. Hey hey hey. Hey hey hey hey hey hey. Hey. Hey. Hey. It feel it.
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