➡ Financial expert Bob Kudla predicts a continued lift in the market until January 12th due to derivative options, after which the market might weaken. He mentions a systematic destruction of asset values except for index funds and suggests investing in shipping companies over utilities considering their volatility and high dividends. He recommends a bond fund named TLTW which offers a 12% payout, and highlights opportunities in gold and silver investments.
➡ The text outlines a variety of market expectations including a pullback in gold, silver, and cryptocurrencies until banks exhaust current cash reserves, predictions for the Federal Reserve to engage in quantitative easing (QE), inflation increase, and potential upsurges in stock and commodities prices from March. There’s speculation about the implementation of digital currency, a likely decline in natural gas prices due to increased production, and potential market opportunities in dividend-paying stocks and natural gas shipping companies. Additionally, the speaker anticipates a stagnant real estate market until 2024 and discusses the appeal of dividend stocks.
➡ The speaker suggests moving towards cash and investing in dividends in preparation for potential financial instability in 2024, while keeping a wary eye on market conditions and external factors. He advocates for financial independence, aiming for your living expenses to be covered by dividends. Additionally, he acknowledged the growing costs of maintaining properties, influencing investment strategies. He also mentions their new access to data on congressional insiders’ buying and selling activities.
➡ The speaker suggests a follow-up meeting after the event on January 12th and discusses possible future training opportunities with Dan. They also mention a potential self-hosted event with access to Bob, and further direct the audience to their website, encouraging people to engage with and share their video content. Thank you everybody for being here.

You. Hey, it’s Dan. Welcome back. You’re watching. I allegedly, and I’ve got a good one for you today because we’ve got Bob Kudla back and we’re going to talk about how to get your finances in order through the end of the year and how to have a good 2024 when it comes to stocks, your finances and everything that’s going on in the economy. And you know, he’s one of my go to guys when it comes to everything and the go to guy when it comes to stocks.

So, Bob, thank you for being here, as usual. Thanks for having me and I really appreciate it. And I know that this time of the year you’re about to head out of town, so it’s nice that you made time for us. But first things 1st, 2024. I think we’re going to see a tumultuous year. And one thing that you made the prediction of which I want to give you an atta boy for, is you said we’re going to have a Santa rally.

And Santa came big time this year. Santa is still inbound. Yeah. So what’s happening here is just to let everybody know, has nothing to do with fundamentals, has nothing to do with technical analysis, has everything to do with all the derivative options that people bought that are expiring some this coming Friday and some coming on the twelveth of January. And how it works in these derivatives is that as the time moves forward, these derivatives decay.

When they decay, the dealers are allowed to push money into the market and move the futures higher, and they’re creating this lift. And then the beginning of the year, you get all the collateral that gets reinvested. And since the year is going to end up positive for the year, money rolls into the first two weeks of January, tend to be bullish. Okay? And so now, barring anything unforeseen here between now and the twelveth of January, we should see a general continued lift in the market, even to include maybe a blow off top.

Okay. And so then after that, though, things will get really interesting. And here thing, too, Dan and I were talking before the show is there’s a lot of deterioration underneath the indexes. So if you looked at the S and P 507 stocks are carrying almost all the gains. 493 stocks are pretty much flat for the year. And you were saying, hey, let’s talk utilities and stuff like that.

So they blew up the bond market earlier this year, then they blew up natural gas, then they blew up oil. And this past Sunday they blew up bitcoin and so what they’re doing is they’re systematically destroying these asset values. And the only thing that’s going to be left by the time we get to January is going to be the index funds. That’s why you’re probably hearing us talk and say, santa rally.

I’m looking at my portfolio. It’s not really done much. That’s because everything’s being crowded into these top seven stocks. And that party ends with the options expiring on the twelveth of January and they get reset. And usually from January, middle of January to the end of March is a weak period in the stock market anyway, and probably even more so now because these flows reverse. It’s kind of like the tide came in.

Okay. Now the tide is going to roll back out and it’s going to take everything with it. I think they’re going to be shocked because they’re getting pretty complacent right now. I heard them called the magnificent seven yesterday. Yeah, they call them mag seven. Mag seven. Okay, so let’s talk about the utilities. A friend of mine says, my portfolio, this was two years ago, looks like an 80 year old woman.

I’ve got tons of utilities. So have utilities taken a hit and are they going to come back as far as dividends and things like that? Yeah, I’m not a big fan of utilities, just in general, because the way we trade, and personally, I mean with trade, genius, is that we like volatility. We want the price action because that’s how you can gain leverage over time. Utilities are just sit there and the dividend rates are usually pretty, fairly weak.

Okay. If I’m going to do something low volatility, I’m going to own shipping companies. Okay. And I gave some before last time, too. Absolutely. A couple of them had already doubled. And plus, you’re still getting a multi 10% dividend every year. I would not be interested utilities. I’d be more interested in shipping companies. Okay. Do you think shipping is going to make a comeback because we’ve had this big shipping recession and everything? I mean, not just shipping, but just the local transport companies.

You’ve got FedEx has had a big hit. You’ve got, UPS has had a big hit. And think about this. When you have this time of the year, when it’s the holidays and people are not shipping like they used to, this is grandma’s package is not coming out. Yeah. And I’m not talking about those kind of shipping. I’m talking about ships that go across the. And so, you know, right now, the big money has been in liquid petroleum and liquid natural gas.

Okay. And the one I gave out, Dorian, LPG, I gave you guys months and months ago, that doubled. It went from 18 to 36, still paying a dollar a quarter dividend. Wow. And that’s pushed back down to 37, 38. It’s almost fair value again. Flng is a great one. I own another one called Sblk. They just merged with another one and basically for no cost, they picked up 58 new ships.

So that’s going to be another great one. They pay a 10% plus dividend. What was that one again? Say that one again. Sblk. Starbuck carrier. Okay. Remember, you got to ship food and you got to ship energy. So those will always go. Even if all the other ones get blown up, those are going to be fine. And Panama Canal has a drought, so boats have to go around if they can’t get through the canal.

And the Suez Canal and the Red Sea are a little iffy right now because of geopolitics and the wars that are going over there. So it forces people to take these longer routes. Shipping companies make more money. Okay. But you just keep that one off to the side. So that’s one area that you want to own. And look, interest rates are going to fall. You ever see this thing? F four l higher for longer.

So right now the market is pricing in four rate cuts by June or July. We’re not going to get any rate cuts till June or July. And so the market is going to pull back. But you’re going to have a situation where the interest rates are going to roll over. And dividend companies love interest rates that are falling. So anything with a dividend you want to own and anything that has weekly options that you could sell against your position called covered calls, you’re going to want as well.

And I have a really good one for you when we talk bonds here that I personally just put a bunch of money in because it’s a nice way of doing work. Instead of paying short term capital gains, you pay dividend yield, which is if you’re in a 25 or 30% tax bracket, now you’re in the 15% tax bracket and you don’t have to do any work. Okay, very cool.

It’s a bond fund. It’s pretty cool. What’s the name of the bond fund? It’s called TLTW. TLTW. And it’s paying out 12% right now. And it’s the 20 year bond fund. So they just automatically are writing calls every week against the position they pay a dividend out every month. And you could stick it in your ir if you want, or you can replace that with something else that you’re getting short term cap gains on and it’ll lower your tax rate, too.

Very cool. Now Bob runs trade genius. And for over a year now, I’ve been lucky enough to convince Bob to come on camera, but he has a trading platform that, and again, he has said it doesn’t make a bit of difference if stocks are going up or they’re going down. You’re going to make money. And like you talked about, volatility. But if you go to danlovestrading. com, Bob set up a discount package for his services and you can get these bundles that he carried over from Black Friday where you can save a bunch of money and get access to Bob and access to his trading.

And I’ve seen people do this with very little money. I’ve seen people do it with a lot of money with Bob. And the advantage to it is that everybody know if you get to a certain level that you purchase, you get access to Bob and you get his trade picks. He’s also got a podcast that they do daily on YouTube as well, and with the different stock picks.

And I love reading your stuff, man, because it’s always so interesting. But take a look@danlovestrading. com. But next thing, okay, gold and silver came back to reality in the last few days. What do you think about that? It basically touched all time highs and you usually get a reaction down. And a lot of it has to do with the expectation for the markets to pull back. So I expect gold and silver to pull back until basically the banks run out of cash to buy Yellen’s bonds.

And there’s like $900 billion left in the banks to do that. And then after that, the Fed is going to have to engage or interest rates will go through the roof. And so we’re thinking around March. That’s why we’re saying this March bottom probably is going to come in. Okay? That’s when the Fed is going to have to engage in QE. And then you’re going to see gold, silver and bitcoin go back and start mooning.

Know, it’s funny when people know that I’m going to see Bob, it’s like three friends, hey, yeah, I want to go see Bob Kudla. And we’re going to film. As I’m driving here, they’re all peppering me with questions. Ask them about Wells Fargo bank. Ask them about this, ask them about that. Do you think we’re going digital currency in 2024? What’s your opinion on that? Do you think we’re going to go digital currency in 2024? No, they’re going to let another country try it out and see what civil war tip breaks out on that.

I don’t mean to laugh, but. Okay. That’s a good way to put it. Okay. But anyways, I know that you like stocks over metals, but as far as metals in 2024, do you see them going up in 2024? Yeah, I think we’re going to probably pull back into the end of March, even though it’s a seasonally strong period. I think they front ran gold and silver, and now you’re going to get a pullback until the Fed has to engage.

When the Fed engages, you see gold, silver, platinum, palladium, bitcoin, all start ripping. Okay. And that’s when the inflation is going to roll back up hIgher, too. Okay. Energy stocks. I know you love EXxoN. You’re still real BullIsh on EXxoN. I know it’s your largest position. You’ve told us that before. But how do you feel about oil in general for 2024? Yeah. So right now oil pulls back into the winter, and Exxon’s PuLL back, I think it went a little bit under $98.

That’s a support area, so HoPe it holds. But I sell calls against my Exxon position every week, so I don’t worry about ExxonMobil. Energy in general these next six weeks are usually bullish for oil. And so we’ll just see if they get a pullback. It was kind of a weird day in the MarkET this week. They had a cruise missile hit an oil tanker and the price of oil went down $3.

So, you know, there’s manipulation going on right now to try to push oil down, but you should see a bounce in oil into January. Then it’ll also fall into April, and then natural Gas and OiL. They love April. So if you want to get into those names, you probably should wait until end of February to start trying to get IN. Now. You could trade them all the time, but if you want to take a longer term position on it, I would wait till late Winter for.

Are there things that you’re Hot on right now? No, nothing? Okay, good. No, we’re at the wall here. We’re complaining in the room today. The last three weeks have been abysmally boring. We had a little burst of action with the bitcoin miners, but they’re pulling back pretty hard again. And the stock market is just grinding up a 10th of a percent, two tenths of a percent a day kind of a thing.

Okay. And so it’s very difficult to make money, very low volume right now. And so you’re just better off just sitting back and waiting. Nothing’s undervalued except for natural gas right now. And they have it on a death watch. So you can’t get in front of that train. You have to wait for the MomenTum to come back in. Well, do you think they’re going to get rid of natural Gas SomehoW? I know that certain places want to, but do you really think it’s going to disappear? Yeah.

Here’s the issue. And this is the thing that people don’t get because they say, oh, everybody needs it, we should get it. But oil companies are in the business of producing oil, but natural gas comes up with the oil. And so it’s like a freebie for them. And so what they do is they immediately sell off into the futures market that production of natural gas. And so United States, I don’t know if people know this, we’re the number one producer of energy in the world.

We’re number one. Not Saudi Arabia, not Russia, United States. And we’ve been increasing it. So when oil production increases, natural gas production is increasing as dropping the price. So until that production levels off, we’re going to see natural gas get pushed down. But the good news is it’s getting liquefied and it’s getting sent over to Asia and to Europe. And so hence I own the natural gas shipping companies.

Excuse me 1 second. Sure, take your time. I’ll just cut this out, man. Okay, you got, wait 1 second. Okay, you ready? Yeah, I’m ready. Go ahead. So that’s kind of how you play the market. You look for these correlations, right? If natural gas is sucking wind, okay, who benefits from lower natural gas? Right? So the shipping companies shipping it over to Europe and Asia because their natural gas prices aren’t falling.

It’s very local. You can’t put a pipe across the. So I’m not bullish on anything right now other than dividend paying stocks and cash. And I’m just waiting to see when the Fed basically has to step in. And until then, until January, we’re kind of in Christmas mode. Yeah. Here’s the thing. I really think that real estate still is going to be kind of a wait and see for 2024.

I think you’re going to see prices still high. My friend that owns the foreclosure company has had his busiest week in three years. And he’s got really, the banks are starting to step it up. The guy posted 14 houses before 02:00 yesterday, which is incredible. It really is getting busier now because people are starting to have life experiences that get in the way, whether it be divorce, job change, whatever.

But the prices are still not dropping down. We’re seeing the same thing in the car market too, where people went and during COVID bought a $20,000 car for 35,000 and financed it at 21% just to get into a vehicle and then lost their job again. And the car gets sent back to the auction and they won’t sell it at 30,000. Yeah, so this is typical. So if you don’t see prices falling, but you see sales falling, it’s a mismatch.

And then usually price falls in that environment. Look, where I live. I live in a community that homes never stay on the market for more than a week. Even like 2008, 2009, everybody wants to move into my neighborhood. Now we have homes on our market that have been sitting for weeks. Either a, they want too much for the homes, or b, people can’t afford them. And I have customers of mine that have sold homes and are looking to basically to buy again.

And they said the prices on the homes that are being sold are at ridiculous prices and they’re not going to buy. It’s unbelievable. That’s what’s going to drag it out. Dan, people ask me, and I’ve said on this show too, is that real estate will not be a good deal for at least the next ten to 15 years. Yeah. Interesting. Okay, you mentioned dividend stocks. Do you have any other dividend stocks you can mention? Well, yeah.

Well, TLTW is the one I really like the most. And then the shippers I just mentioned, you have TRMD, that’s over 10%. You have Starbuck, I just mentioned it’s over 10%. What else do I own in that area? I own GSL, which is over 10%. These are all shipping companies, and the prices are all holding up really well. And then on the energy side, like I said, I own ExxonMobil is my big one.

And then also Canadian national is our other one. But there’s also a dividend paying energy stock called USOI, and that’s another one. Don’t buy it until you start seeing an uptrend. And for those who are listening that are already customers, let the worm turn higher and then buy USo on an hourly chart and just buy it. And I think it paid 28% dividends last year. The only problem is that oil went down 20%, but you’re still net good, and you don’t have to do anything.

You just sit there and let it collect and you can share repurchase it. So actually, I took a little dabble on that one personally, I haven’t called it out yet. I want to see how it performs. It also pays monthly, so these are really nice stocks. They have one for silver too, by the way. Very. And so you buy these on uptrend. If you can run a two or three month uptrend, you’re picking up these nice dividends at the same time.

You’re getting your portfolio assets increased at the same time. So those are the ones that I like the most. And personally, for me, between now and end of 2025, I’ll be positioned that my living expenses will be covered totally by dividends. That should be everybody’s goal going out. So you shouldn’t have to worry about do I make another nickel know, or cap gains? I don’t care. That’s, that’s the goal we’re working towards as a family.

That sounds like fantasy land. But the other thing is, Bob is having a trading seminar in Florida in January this year, and I’m like, oh, that’d be cool to go to, I’m sorry, Dan, it’s sold out. So we got to have another one of these. Yeah, I didn’t mean to. No, no. But it was like, sorry. I know Dan was angry to get in there and I said, I’m just teasing.

I’d like a Florida. Wouldn’t you guys like seeing me walk around Florida again and film? But the thing is, it’s sold out, but we got to do another one of those for the audience. And that is, we’ve talked about having an event for the channel and having you do trading, but I think that would be very cool to have you live and have people sit there, because I’ve seen, like, you’ve given me examples of people that had very little money and have done well trading and people that had a large amount of money.

And it’s very exciting and you give a lot of help with all of this. And again, trade genius is the platform. But if you go to danlovestrading. com, that’s the backdoor to get all the bundles and the discounts and everything like that. So if you get to trade genius and you miss out on the bundles, just tell them you saw them on Dan’s show. Also, because they’re always good about giving people credit for stuff like that.

So it’s always been nice. Yeah. And that’s an important point. If you come directly to my site because you forgot where his landing page is, just tell him you came from Dan. So I give Dan the credit and the discount to you. We want Bob back. That’s what that is. Now, a couple things. Okay. I have a real problem with all the numbers we’re hearing. The unemployment. I don’t believe.

I don’t believe that the unemployment numbers are as low as they say they are. Do you believe that? They are? Absolutely not. Okay. Inflation. Do you think our inflation is at 3. 1%? Let’s celebrate this. So I took a sheet. Some guy said, we’re going down to 2% inflation. I said, well, according to the BLS, we have -30% deflation in health care costs. Now, the same day I posted that was I got my health care increase for 2024, which is up 10%.

So I sent that over to my health provider and said, I’m looking for my 40% discount. I haven’t heard back yet. Yeah. Okay. That and the other thing is insurance. Insurance is getting is a killer. Do you want to invest in insurance companies right now? The problem is their payout ratios suck. So they may be charging more, but they’re being reactive because they have to get approval for the increases.

But their costs are going up higher than their approval. Okay. So auto and home, it depends where you are. Homeowners for me here hasn’t been too bad, but people in Florida just getting barbecued. Stuff that people write me, the stories that have been sent to me, it is unbelievable. Condos where the condo association had $40,000 last year and it’s $230,000 this year. And they’ve got to spread that out amongst everybody.

And you’ve got a lot of retirees and people on fixed incomes, and it’s killing people. But that’s the one thing that I always tell people when you’re looking at houses, talk to the insurance company that has the policy on the house. What’s it going to look like? Will you write this policy again? Because I’m having people write me that are closing escrow and they can’t get insurance on the house.

Just flat out denied. No. And that’s happened to me. When I owned a home in North Carolina, I owned it on the beach. And the federal government made a decision that this was no longer in federal flood. My insurance company immediately dropped the flood policy. My mortgage company said, if you don’t get a flood policy, we’re going to foreclose on the mortgage. And so you’re like trapped. You’re already in it.

And so I had to get insured by Lloyds of London for like three times the normal price. And then I just quickly paid off the mortgage. It was a smaller house and I had to pay off the mortgage so I can drop the flood insurance. And so that’s what’s going to happen to a lot of people. People think it’s the front end that gets you in these investments.

It’s the back end that bites you in the rear end. It’s the maintenance cost. Look, I own a condo right over here. We’re at the Ritz Carlton again, by the way, guys, it’s not in the Ritz Carlton. On the other side of the any. The cost of maintenance has gone sky high. And so you have to maintain these properties or your tenants can just walk away from paying.

It’s just ridiculous. And our costs have gone up. So our margin on that condo from cash flow, because we own it outright, is. We’re 11% less margin than we were last year. Wow. Cash on cash. You can’t really raise the rates much anymore because we’re at the wall here. What you could charge people for living in a condo, people say, oh, just raise the rates. Well, it’s not that simple.

Yeah, okay. It’s $5,500 a month. You know what I mean? You just can’t keep raising it, raising it, raising it. It’s nuts. And if you raise it and they leave, you lose two months to get a new person in there, and you might as well just keep the rate the same. Exactly. Okay, let’s close it out with this. Anything that you recommend that people do to get ready for 2024, financially, I would say if you had a really good year, which you should have, if you have a portfolio that’s just been following the market, is start to adjust it more into cash going in 2024.

People smarter than me saying, after January twelveth, things could get really hairy really fast, like cliff kind of fall offs. Okay. And so, look, it may not happen, but I’d rather be on the side of I went to cash and it didn’t happen, versus I stayed fully invested and I got my head handed to me. So I’ve been raising cash, I’ve been moving everything to dividends. I’ve been tightening up my call writing programs.

We’ve been offering less trades to our subscribers over this period of time because I don’t want people caught in a trade that a lot of times what people do, they get in trade. They feel obligated to keep it because it didn’t make the number they wanted to make. People have a hard time just saying, I better just close the trade. So we’re being cautious on that side, too.

We want to see what happens on the other side of Christmas here. And things can get rocky. There’s too many things out there that can just upset the apple cart even between now and then. The Fed could do something crazy. Iran could send a missile the wrong way and just stuff like that. And things are too good right now. You should take cash. Okay. Take cash. Take cash.

And again, the January twelveth date is the expiration date. And that’s when a lot of these are expiring, and that’s when you’re going to see major changes. And again, all these bonuses, all these things that we’ve talked about on the channel about how all these banks are paying bonuses out and you’re going to see them ride it up, and then it’s just going to be like that wave, and it’s just going to collapse at that point.

They did that in 2008, too. They paid all the bonuses out. Then they laid a bunch of people off, and then they went to the government and asked for money. Hey, one thing, too, I want to mention. Our podcast that we do is we now have access to congressional insiders buying and selling. Oh, really? Yeah. So we do those in shorts if you ever want to check those out.

And then, Dan, if I see anything interesting, I’ll just send them over to you. You can throw them on your. Absolutely, absolutely. I don’t mind doing that again, trade genius. Take a look at the daily podcast that they do on YouTube. Plus, if you want to take advantage of Bob’s trading, it’s danlovestrading. com. The link will be below. I’ll put it right on top for you. But as always, Bob, thank you so much.

And I’m excited about this, but I also am happy to hear that as I’ve sold stuff, that I’m in the right spot, too. Yeah. In good shape. And maybe you and I should get together right after the January twelveth event. Oh, that’d be great. And just see kind of how that all played out. Yeah. I’m not invited to Florida this, so. But if people are interested in the training in the future, just let Dan know.

He may put one together. I told him this. Yeah. That we’re going to do that. We’re going to have an event and people hate it. When I talked over you and I’m sure I’m going to get one for that. I’m used to it. It’s okay. But we should have our own event and have access to Bob and stuff like that, too. So thank you again, danlovestrading. com. You guys want to get a hold of me? It’s hello@iallegedly.

com. Thank you so much for being here. Don’t forget to like the video. Hit the subscribe button and share your thoughts on everything. And onward and upward, guys, and I’ll see you very soon. And thank you for being here. And thank you for being here. Thank you. Thank you, everybody. .