Good morning GM, everybody.
Stocks go up, stocks go down.
How about Nvidia? NVDA 0.00%↑ broke up, okay, it broke up. Nothing else you need to know. We wait and we wait and we wait.
We waited for 603 on LLY 0.00%↑ . It went to 636. We waited. See, nobody teaches this, okay? I mean, why wouldn't you go into a classroom somewhere, somewhere in Harvard, Yale, GS 0.00%↑ ? For all their new people, they should put them in a room and the first thing they should tell them is if something breaks a major support number or approaches it and you're near a round level, you can buy the stock and buy a put or short it. You can buy the stock and short it at that number, and it's a gift. It's a gift. It's the biggest gift you can get in life.
Let's say Netflix. Say you like NFLX 0.00%↑ . Now, I don't like Netflix, but let's say Netflix, you know Netflix's number is 509. But if it gets to 500, 501-502, you could buy the stock, short it, and buy the stock with a 500 stop. Worst case, you lose two; best case, you make money. A bunch of money. I mean, this is ridiculously simple. Did you see how fast NVDA 0.00%↑ ran when it hit 501? It went to 508-509 so fast. I mean, just crazy, crazy, crazy fast. But we knew that. We knew that. You can't miss on opportunities like this, guys. These are the opportunities that change everything.
Don't do that. Don't miss these opportunities, okay?
I mean, people are like, "Oh, well, is NVDA 0.00%↑ going to break 503?" Look at Lily. LLY 0.00%↑ is still there. It's still holding. It didn't collapse. But now you're waiting for 503 on the downside. Let's say if Lily doesn't go in 3 months, 6 months, 9 months, it breaks 603 on the downside. It's going to collapse straight down. Okay, that's how people trade. That's how you make your money.
We banged 300K. It's the 10th. We banged 300K this year, and we're doing 10 and 20 contracts. We started with that. Okay, you buy small and you roll and you roll and you roll. If you bought just 10 of the NVDA 0.00%↑ 400s and you sold those with us at 8 or 9, just took a double, 500s on Nvidia, you made 5 grand. But you took that 5 grand, and you immediately bought the 520s, and you paid $4 because they would have been $4. And they went to 10. And you say, "You only bought 10, so now you're up 10 grand." And then you took that 10 grand, and you bought the 540s. 540s, but this time you bought 20 at $2, and they went to $4. So now you're up 20 grand. And then you bought the 560s for $2. Sam keeps buying $2 options, but now you're up 20 grand. So you say, "I'm going to go buy 50 of them." And they went to 6-30. You made 30 grand. So you're up 50 grand. You're up 50 grand off a 4K trade. And then you say, "Well, Sam says if AMD 0.00%↑ takes out this 152, it's going to rocket." It's going to rocket. And if the CPI is good tomorrow, we're at 4820. We're at 4820. If it's bad, then everything goes down.
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Okay, people are still posting out there about Tesla. Why are you playing ? They know what they're saying about Tesla, but there's not one reason to buy Tesla. The news flow is still shit. The chart was the perfect chart to go up. But what if I told you about charts? They don't work, they don't work. Sam's numbers are godlike.
MSFT 0.00%↑ tinkling, tinkling, tinkling 382. But if it gets through 382, this thing is going to be 400, and boom.
Caterpillar. If the CPI is low and the market rips, CAT 0.00%↑ will hit 300 tomorrow. That makes the 300 calls, which are 40 cents, that can go to 3-4 dollars. Okay, 10x. But if the PPI is bad, it's going to zero, and ultimately, somebody will send me a message and say, "Sam, my Caterpillar didn't work." I said, "It's 40 cents, expect zero. Go slow, build your account, play with profits, play the winners." Okay, very straightforward.
TSM 0.00%↑ just had earnings, released earnings. I believe it was up, hold on, it's up. That means LRCX 0.00%↑ day. If Lam Research gets going, runner, runner. None of this stuff is hard. It's hard because you make it hard. It's hard because people tell me stuff like, "Sam, do you like this?" I'm like, "It doesn't move. Why are you playing it? It doesn't move."
Think about it. I'm telling you, I used to do this stuff in 1999 too. I'd go buy something that doesn't move, and I didn't have streaming quotes back then. You just have to use systems that just dial in or refresh, refresh, refresh. You look at it two million times, and it moved 10 cents. How do you not understand that you have to buy stuff that moves? You can become great. Every single person can become great if you pay attention. If you pay attention.
I told you ADBE 0.00%↑ , 4-6 weeks of void. It's been 4+ weeks. Finally got back in Adobe. Does it go? I don't know. I don't know. Then we see, then we see, then we see.
Okay, but NVDA 0.00%↑ looks good now. I mean, and I told you everything I told you last time. If you go look, I said this in the room five times, and some people looked. Now, if you didn't look, that means you're lazy. That means at some point, you're going to get whacked. I'm telling you, Sam says it like it is. I don't pat you on the back.
I told you when NVDA 0.00%↑ broke 400 to the downside and went to 394, then it popped up on the upgrade that day, and it rocketed through 400. Where did it go? That was on a Monday? Where did it go that week? 445ish went to 430 right away. What did it do Monday? Exact same play three months later, four months later, whatever it was, on Nvidia. But because of that and because of the 541 number, Sam sold all Nvidia yesterday. He sold them all, banged 200k, and sold them all. And didn't get back in. Now, will we get back in today, going to see in the first 10 minutes if it holds and it takes out this 541, it surely looks like 546 or 552 close by Friday. Now, Sam says 552. What if the CPI is bad? It's going to go to shit. They will destroy it. That's okay. Don't care. We made our money.
See, this is something you have to learn, that don't care is very important. It doesn't matter. I mean, this guy sent me a message, he goes, " NVDA 0.00%↑ is going to end bad." I'm like, "Who cares?" He's like, " TSLA 0.00%↑ was really bad. It's down 40%. If you bought Tesla at 100 and went to 4,000 and you sold it at 2,000, you sold it at 3,000, do you really give a shit if it went down 40%? You don't care.
If Tesla, you banged one, two, three, four trades and you made 15 grand, even if you put in three and it goes all the way down, you lost three. Do you care? Well, Sam, I care if I put in three." No, you don't care. If you don't get this mindset, you will forever fail. You will forever fail. You build your account slowly, so a new guy coming in with two grand or three grand or five grand, maybe it takes you six months to even make a grand. That's okay. You didn't lose money, and you went slow. And then you waited for these plays. AMD 0.00%↑ yesterday was 16 cents. They went to 29 cents. Small account could have bought five and been out making 10 cents. And then you take some shots AFTER you make enough money. You don't do it every day. And surely, if you go to Harvard, you pay 100 grand plus boarding. Now you go to Michigan, it's 80 grand. You don't get this type of information, and it doesn't take one day or two days. It takes a lot of time.
And then you write stuff down. If you don't have Sam's memory and then you read it. "Oh, NVDA 0.00%↑ has this. Oh, my God, it's finally breaking. Sam says, okay." And you got 30 pages of notes on Nvidia over the years. Good. Go read them all. Go read them all. That's important. Don't look at the chart. The chart's not important. It's meaningless. The TSLA 0.00%↑ chart showed you what I think about charts. Everybody in the mother is saying Tesla chart is perfect, and Sam says the news flow is so shit. And what happened? News flow won. It always won. The news matters. It always matters.
If NVDA 0.00%↑ comes out tomorrow and says all our orders are gone, people are going to say, "Oh, it broke up." No, they're all going to sell it. Okay, that's what I know. That's what I know. Okay, let me look at comments, questions really quick.
Look at ISRG 0.00%↑ . They guided up. I'll look at ISRG when I get a chance, but ISRG always pre-announces in up or down, and ISRG is a great stock, and it will always go. ISRG, hold on, it's up 17. Nice, but ISRG is very highly valued. Probably ISRG on earnings will probably go to 380. Okay, that's what we know. That's what we know.
Okay, good start of the year. Creating discipline is not easy. Yes, because they don't go your way, absolutely. But that's why when you're new, maybe it takes you three months, six months. So I have a guy in the room that told me he started with me and he lost money. He blew up an account, and with several stories like this, he blew up an account. Then he said, "I'm just not going to do nothing. I'm just going to sit there, and I'm going to listen. I'm going to get rid of all my biases and listen.”
Boom, bangs a millie. Lots of stories like this. Think about this. People pulling all these stocks. I mean, Boeing had a guy messaged me from the room and said, "Sam, BA 0.00%↑ going to go up." I said, "Boeing's not going to go up. They gave you a $2 play for free that went to six. Boeing's not going to go up. Guys, do you understand what happens if somebody says you can fly this plane and it crashes or there's a second one that happens? Somebody dies. The airline is probably bankrupt. The CEO will probably have to go into hiding. Okay, when you go out there and you cut employees and you cut pay to make more money, employees don't do their job like they're supposed to do. They just don't. Now, I understand that's bad employees, but they just do. Okay, and the logic on BA 0.00%↑ is so simple. The last time this happened, the next event happened, and it went from 370 to 100. Think about it. They're just going to put the planes back tomorrow. Really... Somebody's going to take delivery of a new plane. Really, and I was just on a plane, and I didn't look at the plug, but I was sitting right next to the exit row. I don't see a bolt. I don't see a bolt on any of those. So what does that mean? That means you got to rip some piece off there. Got to be some molding or something that you rip off to see the bolts. How the hell does a visual inspection do this? This is not a 5-minute thing. There's nothing going to make BA 0.00%↑ go up now. It's just done for three to six months. It's done.
Goldman Sachs earnings coming. I think GS 0.00%↑ can really accelerate way up to 422. But let me tell you something. You don't really need to buy it. I bought some, but you don't need to buy it till Friday because if JP Morgan beats earnings and goes down, that's going to tell you if Goldman Sachs, even if they beat it, goes down, it doesn't matter. We need JPM 0.00%↑ to beat and to go up. You want to see if the stocks are up too much. If the banks are up too much and they go down with good earnings, then Goldman Sachs is not a play. But if JP Morgan has good earnings and it goes up 5-6, then Goldman Sachs is a screaming buy. But we won't know till Friday's earnings on JP Morgan. So wait and chill. Okay, wow, that's a long one.
Okay, good morning. Good morning, everybody. 1/10 big day tomorrow. Big day tomorrow. CPI, then we see. Then we see. Then we see. SPX 4792, 4818, 4852 underneath 4700.
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