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Segment 1 (00:00 - 05:00)
— We try to bring you high-quality educational and informational content every single day. price is having such an anemic time. The new story of the hour. Is this the beginning of a massive financial unraveling? We've got to add a little addendum to the show today. So, we start here on the daily chart. Now, we've been looking at the RSI on Bitcoin's daily chart for the last several days. — has been increasing over the last The government — Hey guys, what's going on? Jeb here, and welcome back to Choping Crypto Live. This is your weekly morning show where we bring you the latest in everything Bitcoin and cryptocurrency. And in today's episode, we are going to be talking about the major rally that has just taken place on Bitcoin. Now, it's very interesting what's taking place today because Bitcoin has been tracking with the last correction that we saw in December and January to a T. If you recall, we have gone over the fact that Bitcoin has been in the exact same formation rally up to the 0. 5, drop back down below the 0. 236, and rally up to the 0. 618 before we fall below the 200, I'm sorry, the 20-day exponential moving average, and then crash. So far, Bitcoin has been mirroring that exact same pattern to a T. But something changed today, and it changes the entire picture. And what that is this. Bitcoin did rally up to the 0. 5. Bitcoin did drop down to the 0. 236. 618. Bitcoin did drop down to the 20-day EMA as we saw over here, but in this case, instead of breaking below the 20-day EMA as we saw back here, Bitcoin has bounced, and it's bounced very aggressively. If you draw the 20-day exponential moving average right here, then that shows us, by going down here on to the hourly chart, you can see a major bounce and hold off of that level, which is not something that the market was expecting to do. And so, this rally gives us a very real possibility that Bitcoin could be about to go into a major rally. And as you know, if Bitcoin breaks above certain levels of resistance not far above it, there's a very real possibility that Bitcoin could end up going into a bull market. So, this movement, although it is only down here on the hourly chart, is extremely significant for Bitcoin, and we're going to be breaking down the significance of that movement today. Bitcoin is well and truly wedged right between two major and very important levels of support and resistance. And right now, we are going to be determining whether or not Bitcoin is going to break through the resistance and rally or fall through the support and crash. As you can see, Bitcoin is actually currently above the 20-week EMA, which is fascinating. There was There were only two instances of that happening in the last bear market. Once was right here when we had a an entire candle body close above the 20. And the other time was right here, and it was the beginning of a bull market. It seems that we're a lot farther into the bear market than we were at this point in time if we compare our current cycle to the past cycle. So, this doesn't make a lot of sense. So, is this actually one of the final things that we need to see for a bull market to begin? As I've told you guys, if Bitcoin's going to start a bull market, it is definitely closer than it has been in a long time. And so, we're going to be analyzing today whether or not Bitcoin is about to go into a bull market. Really appreciate all of you guys for tuning in. If you are new here, my name is Jeb Burton. I love helping teach you about technical analysis so that we can understand how markets operate. This is something that we've seen over the last several weeks is that Bitcoin is wedged here in between the 20-day EMA and the 20-week EMA. And we've said very clearly that if Bitcoin does manage to hold the 20-day EMA, it would be very bullish. And so far, it looks like Bitcoin is holding the 20-day EMA. Obviously, the bear market would predict that it would break, but so far, it's holding, which is very exciting news for the bulls. So, we're going to be discussing all of that and more in today's episode. If you do
Segment 2 (05:00 - 10:00)
enjoy, make sure to hit that like button and subscribe to the channel. All right, let's go ahead and read some chat here. Satchet is in chat said, "Hello, good to see you, Satchet. " Uh Der Teufel Flanders said, "Up into the right. " Agreed. Massive rally right now, right now. That's right. Bitcoin is struggling big time. Uh I don't know. This short-term price action looks exciting. Nothing is determined yet. I do want to point that out because just because we're saying, "Hey, it's up one day, it's down the next. " We're not flip-flopping. Our position remains the same. We are bearish. We expect a break of $60,000 until certain criteria are met. What I am saying is that those criteria are very, very close to being met. They're like right there. And so, naturally, you're going to be kind of on the fence when the market's on the fence. The market has not decided whether or not it's going bullish or bearish. There's an extremely strong, compelling argument for both cases right now. And so, we have to kind of walk the fence. We kind of have to walk right there in the middle because the market is, too. And that's my job is to illuminate what the market is saying to you. And if sometimes you're like, "Oh man, Jeb, you're kind of indecisive. " Well, that's because I'm telling you what the market's saying. The market's indecisive right now. I don't know what it wants, either. And so, that's where we want to illuminate exactly what the market is saying. Right meow, right meow. Getting to the gains, absolutely. Philly Skill said, "Morning, fam. " Oh, not it is. Party on. Yep. Big liquidity below 73 to 65K. That's right. There's a lot of long liquidity down there, and that's why we are still not ready to call this a bull market. It's exciting It's an exciting development. It's exciting development, this rally, but still too early. Jeb, please talk about CME crypto being open 24/7 end of May. Well, that would stop having That would stop the gaps, theoretically, huh? — [snorts] — Happy Crypto Friday, Jeb. Pat B said, "Shout out to you. " Too much global volatility and geopolitical risk for a proper bull market. Uh I don't know about that. Right now, the semiconductor foundries in the East are lacking the helium that they need to actually generate to actually create the semiconductors that they've propped up their multi-trillion-dollar valuations because a good bit of that was coming out of the Persian Gulf, and they're doing just fine. Semiconductors are on a massive run despite the geopolitical instability and the risk. And so, I really don't think that actually is a headwind think it is. I think that we say that it's a headwind for Bitcoin because we're trying to justify why the bear market is still going on, but I actually don't necessarily agree because if that were the case, wouldn't the entire US stock market be slowing down? But it's not. And so, I'm not sure if that's the case. Ain't no bull market coming with this crap in this market, yep. What's up, Jeb? Let's go. Good to see you guys. All right, really appreciate all of y'all for tuning in, so let's get started. Okay, starting on short-term time frames, what's happened over the last 24 hours? hours is this. We've been analyzing very closely a particular level of support. And that level is the 75 to 76K level. That level is right around here. Basically, this zone. This is the zone that one is a big even. Obviously, $75,000 is kind of an important number. It's 3/4 of the way to 100K. And it is also right here on this level of resistance that we saw Bitcoin hit back here in early to mid-March. And so, with Bitcoin falling down into the support, if it's able to hold this zone, that actually ends up being very bullish, right? And so, what we have witnessed is that Bitcoin has managed to have a strong bounce off of this level. And that's important because there are actually not one, but three major levels of support that are coming into play here. It's not just that zone off of this high, it's also the 20-day EMA, which as we've talked about is remarkably important. The 20-day EMA breaking was the gateway to the last major correction of 36%. And so, when that broke, all hell broke loose, and Bitcoin fell dramatically. On top of that, when you look at the daily chart, there's also this downtrending level of resistance right here. Uh right about there. If we go to the log chart, it's a lot easier to see. You can see there's a downtrending level of resistance right about here. And Bitcoin is more or less holding on top of that downtrending level of resistance. So, a lot of things are flipping very bullish. And if Bitcoin does manage to get a little bit more movement to the upside, there's a very real argument to be made that it should be time to call a bull market if Bitcoin is able to start punching through 80,000, filling the CME futures gap up there. So, Bitcoin holding all three of those levels of support is not something that we should discount. It is the exact opposite of the movement that we saw here where Bitcoin fell below the 20-day EMA, rejected off of the resistance, and collapsed. And so, this is a development that was not on the chart yesterday. This is new overnight. This bounce is important because what it signals is that although this may happen in the future, Bitcoin falling below the 20-day EMA, it doesn't seem like it's happening right now. Certainly hasn't happened yet. And so, the 20-day EMA is able to continue its march higher, which also allows moving averages like the 20-week EMA to flatten out. Look at this. The 20-week EMA is actually flat. If anything, it might actually be rallying slightly, which is interesting because you don't typically see that in a bear market. You typically see the 20-day EMA, 20-week EMA pushing to the downside. You don't ever really see it go flat in a bear market. And so, this is where I actually do see the argument that a lot of bulls are making that the bottom was
Segment 3 (10:00 - 15:00)
at 60k. And if it was, then there are a lot of arguments to be made that this market was not this market, but instead it was this market. And what we're going to see next is banana mode come in when Bitcoin springboards back up towards several hundred thousand dollars per coin. And so that's kind of the analysis that we want to pay attention to is that if Bitcoin is able to lock in some of these shorter term gains that it building right now, this does start to look less and less like a wave four, which is going to be followed by a wave five to the downside. It starts looking a lot more like a major rally. And this is why we told you guys back in the day, even if Bitcoin does go below 60k, it is imperative that we acquire Bitcoin in the $60,000 range because it is a great trading range to acquire Bitcoin. But full stop. It's just a great place to acquire Bitcoin. And if we, you know, if we see these levels where Bitcoin's 40-50% off of all-time high, regardless of what cycle dynamics are telling us, it's still a great time to buy because just going back to all-time high, even from where we are right now, is still a 60% return. I fully believe that in the next bull market Bitcoin will eclipse previous all-time high and go to at least double a previous all-time high, which would be about a 220% return. So fully, fully believe in Bitcoin. I've always been a permabull on Bitcoin. You guys know this. Um $60,000 is still in the cards until Bitcoin proves that it's in a bull market and it has not done that yet. But I am happy to announce that today, as of May 1st, 2026, today this is the most bullish that Bitcoin has looked all year. This day, literally today, Bitcoin looks more bullish today than it did even a week ago when it first broke through this downtrending level of resistance. The fact that Bitcoin is able to spend so much time up here above this downtrending level of resistance is very, very exciting. And so we want to be careful about being too conservative at this point. As I've told you, as the year goes on, what we're going to want to do is get more and more and more aggressive with our acquisitions of Bitcoin because the bottom is only going to Sorry, the bear market last for so long. You have to understand that Bitcoin is a very great asset and it is at a great price. If you look at other indices, like stocks for example, the semiconductor ETF, you can see ever since the tariff scare of last year, stocks is up 214%. These semiconductor companies have added probably over 10 trillion dollars of market capitalization. If you look at the Qs, you can see QQQ ever since that point in time, Qs are up 67%. VOO, the S& P 500, right? Ever since that drop is up 50%. Even from the drop that we saw recently because of the Iran war, we've seen VOO rally 15% in a month. That's obscene. QQQ rally 22% in a month. That is obscene. You look at SOXX, the semiconductor ETF. In that same month, is up [snorts] 50%. It's ridiculous. And so why do I mention all of this? The reason this is very simply because in because investor risk-on appetite will eventually cycle around into Bitcoin. It's going to come. It might not flow into all of your favorite tiny little nonsense bullcrap altcoins, but it very well will rally into Bitcoin. Now there's probably 10-20 altcoins that are going to do very well in the coming cycle. Most of the nonsense is going to end up getting left behind and unfortunately you're going to see a lot of charts that look like this in the alt market. So don't buy these, but markets like Bitcoin that trend up into the right over time that have actual genuine adoption, yeah, they're going to do very well. So I heavily encourage you not to fade the Bitcoin bull market. I do think it's too premature to call a Bitcoin bull market. Um but because if this did end up um reversing, this would be the shortest Bitcoin bull bear market in the history of the market by a long shot. It would be absolutely just strange to see a bear market this short. But if you did short, that would just go to prove exactly how bullish Bitcoin is right now. So definitely interesting development here that Bitcoin is holding and we're going to keep analyzing this. Let's read a little bit of chat. Only people who are bearish are those that don't want the rest to win. I don't know about that. I want to make sure you guys don't get wrecked in longs. And I'm not so much bearish. It's not that I want to be bearish. When people are so bearish on Bitcoin, it means the bull run is very close. I have been saying that also. It is true. The bull market is close. It's getting closer. Um every day that passes, we get much, much closer to a Bitcoin bull market. And so we do want to make sure that we are not being too um too picky about our entries. The most important thing is that we get the entry. Look at the big guys. What are they doing? You see Saylor just kind of buys Bitcoin wherever it is when he comes into the cash. You look at Nayib Bukele in El Salvador. They just buy a Bitcoin every day. Who cares? They just buy one Bitcoin every day. Right? They just buy Bitcoin regularly. It's kind of
Segment 4 (15:00 - 20:00)
the same thing. You buy Bitcoin and you average out your price over time. That's where you end up building wealth. CMP said bears continue to be fully in control. They are still fully in control, but their control does seem weaker now than it has been. BTC will pull back to 75k. It very well may. Like I said, we're on the fence. I'm not giving you a confident call in either direction because Bitcoin cannot give direction. What I am saying is that the market is still in a bear market until proven otherwise. And so since the market has not been proven bullish just yet, although there is a great deal of evidence coming in that we may be moving in that direction, um what we want to do is we want to bet with the trend until it ends. Since we didn't get a surprise blow-off top last year, is it a surprise that the crash isn't so bad? No, it's not. You're absolutely right. Um the fact that the Bitcoin bull market last cycle was so much smaller, did not have the blow-off top, does absolutely indicate that you're going to see a smaller bear market. I mean, for example, on the log chart, you can see that the bear market dropped to the 0. 5 here, right? The bear market here has so far more or less dropped down to the 0. 382. You can see the retracement on the log chart here. If you look at the linear chart, it tells a different story, but also very interesting one. And that is that on the linear chart, you can see the market pulled back down to the 0. 786, um which was at 17. 5 thousand. We dropped down to that level. And over here, the 0. 618. Right? Dropped down to the 0. 618 just about. Didn't quite get there. 0. 618 is at like 57k. But we got pretty close. And so we'll see. That could have been the bottom. If it was, that'd be interesting. I mean, we've seen we we've seen movements like this before in other markets. So for example, if you look at the Qs, if you draw a Fibonacci off of this rally, you'll see that the market dropped back down to the 0. 618. See? You can see over here on the tariff, not the tariff, I'm sorry, the Iran war conflict, we saw that drop here on the tariff drop here, we saw that the market dropped back down to the 0. 5. Typically markets do drop down to these Fibonacci multiples. And so it is a very real possibility that Bitcoin drop back down to the uh the 0. 618 here on the linear chart and the 0. 382 on the log chart. Very real possibility. Jevon goes farms always the same TA. Thumbs up. Thank you. Appreciate that. Exciting time to be alive. Absolutely. Very Hey guys, want to give a big shoutout real quick to our other channel because our second channel actually just passed a thousand subscribers, which is really cool because that actually means that between our two channels, we now have over a quarter million subscribers on YouTube. So if you haven't already, make sure to come and watch this video about why I sold all of my SPYI for XQQI. In this video, I'm going to detail how I sold over $6,000 worth of SPYI for QQQI, sorry, XQQI in our $10,000 month passive income portfolio. As you guys know, we're working on generating $10,000 a month in passive income over here in this portfolio. And in this video, I break down exactly how we are planning to do that and capitalize on the growth in the tech sector. So make sure you come and check out this video. Subscribe to the channel. Let's see if we can't get this video to 10,000 views. Our last video got 9,000 views. Very excited about that. Let's see if we can't get it to 10,000 views also. This is our video where we talk about why we bought the BLOK ETF and the BLOK ETF is performing very nicely. Very excited about BLOKS. BLOKS has actually substantially outperformed Bitcoin over the last several months. You can see here it is based on Bitcoin and Ethereum and it's also spitting off that 36% yield. So we break down that ETF and how that's actually sustainable, how the put spreads work that it's using to generate the options the options income. So make sure you check out this video and this video over here with uh by simply going to @JebbMac Invests on YouTube. Just kind of type that in like that and the channel will come up right over here. So we post over here about once a week. So definitely stay tuned for more content over there. All right. Now, I want to talk a little bit about the CME futures gap because something you have to understand is that there is a massive CME futures gap right above Bitcoin. And this is depending on how you look at it, either very bullish or very bearish. On the one hand, you could argue that this development of the CME futures gap being above us is very bullish because it could pull Bitcoin above a lot of these long-term bull market confirmations. On the other hand, Bitcoin also, over the rest of even today or maybe into next week, could rally up here to 84, fill the CME futures gap, and then capitulate back down below longer term moving averages. So at this point in time, it does seem more likely than not that Bitcoin is going to rally up here and fill the CME futures gap. The question then becomes whether or not Bitcoin can sustain the bullishness because for Bitcoin to move back up to that level would be very exciting. It would allow Bitcoin to fill the CME futures gap. But something you need to understand is that we've been drawing our Fibonacci off of this peak this whole time. What happens if we draw our Fibonacci
Segment 5 (20:00 - 25:00)
off of this peak? Do you see where I'm going with this? See, the people that are scared of Bitcoin will come up with any reason not to button to sell it. And something you have to understand is that the 0. 618 off of this peak it's right here on the underside of 84,000. And so even if Bitcoin does manage to rally up to 84,000, you could make the argument that it still hasn't broken through 0. 618 by moving the goalposts. Is that fair? Not really. Is it what a lot of market technicians will probably end up doing? Yes. Why? Not because we hate success, but because it does fit the chart very well. All of these lines still fit through major levels of support and resistance. You see, our resistance then becomes the 0. 5 instead of the 0. 618 and it gives more um it gives more levels to break out to confirm the bear market the bull market. Now, I will say this. I do think that Bitcoin is very close to a bull market confirmation, but we do also want to be very careful when there could be a large number of people that are very bearish, right? We want to be careful when there are a large number of people that could be coming up with a reason not to buy Bitcoin or even to sell it. And so we want to be careful that we don't just say that Bitcoin's in a bull market just because it filled the CME futures gap. What we need to see is it break to the downside, hold, and bounce. What I really want to see to have a is I want to see Bitcoin fill the CME futures gap, reject, hold support, and then that's where we start going into a bull market. market is if you can fill the CME futures gap, fall because it probably will after that takes place, and then still bounce and rally. And so that's what we're going to be watching out for. to see whether or not Bitcoin is going to fill the CME futures gap and whether or not that is going to be able to hold. All right, let's give a big shout out to uh Rick and uh it's cutting it off. Let's see. Let's get the full name here. I know they've been in chat. Rick and Shelly, big shout out to Rick and Shelly. Really appreciate you guys for tuning in and for the $3 donation. Thank you so much helping to support the channel. Very much appreciated. All right. So yes, that is the concern that we have right now and that is very simply that if Bitcoin does fill the CME futures gap, there's a real that it may not be able to um sustain the bullishness. So we'll just have to see. I mean, like I said, our job our objective as analysts is to figure out what the levels are and say if this then that, if this then that. If Bitcoin breaks through $80,000, that is very exciting. Very exciting. My line in the sand is I want to see Bitcoin breaking through 85 and finding support above 80. That's really my goal and Bitcoin is getting very close to doing that. Bitcoin's Being above the 20-weekly EMA, to be honest with you, may even be enough to call the bull market just as is. The 20-weekly EMA is extremely important. This is our bear market resistance. And so if Bitcoin's able to get above this level, all the better. But again, that is all going to depend on whether or not Bitcoin is able to sustain a rally here. Now, I do also want to mention something else and that is that Brent crude oil is dropping off a cliff, which is kind of exciting because it went through a massive rally over the last few days up to almost $120 a barrel, one of the highest levels that we've seen in a while and that's because of some of the breakdowns of negotiations that are going on um between America and Iran. Now, this has started to fall over possibly because people are just kind of getting tired of hearing about it and also because of more than likely because of the ramping up of production in the United States and because of the fact that most of the Persian Gulf countries are actually able to export now. It's mainly just Iran. So this is probably going to begin stabilizing as it stops becoming such a big news story, the Iran war. And there will likely be some kind of peace that happens relatively soon. I do think that you're going to see hostilities slow and eventually stop. And I do think that that's going to cause some stability to come into the crude oil market and then that just opens the door for this massive AI rally. Right? You open the door for this incredible artificial intelligence rally and I think you're going to see huge gains on many of these big tech companies. Also want to give you guys a bit of a note that I actually acquired some Microsoft on the dip yesterday down at 406 right around here. The reason I acquired Microsoft stock is because Microsoft of the Mag 7 um the reason why I believe that acquiring Microsoft here was a good idea is because Microsoft has shown extremely strong earnings up to 83 billion dollars in revenue pushing up towards probably 100 billion dollars in the next year. And then we also are likely going to see um a major run because of everything that they're doing with Copilot and the artificial intelligence developments that they're having over there. It's also one of the only Mag companies that is actually on longer-term support. You can see just how overextended Google is. Google has just gone absolutely ballistic. It's massively to um massively rallied to the upside sitting up here at 109 billion dollars in
Segment 6 (25:00 - 30:00)
revenue. Very great fundamentals, absolutely phenomenal fundamentals. Um EPS is incredible, so can't you know, can't complain about that. Very good fundamentals there, but I also think that it's already kind of had its moonshot, so it's a great company, but not at a great price. Um however, Microsoft is. And so very excited about that. Nvidia likewise, fantastic company, absolutely incredible company and its earnings are phenomenal. Um but we also want to see it at slightly better levels. Meta also is a company that I'm looking at here. It's taken a big dive because everybody's fading Facebook, but to be honest with you, every time that somebody fades Facebook and Instagram ends up biting them in the butt because this company just comes back and back. They have several billion with a B customers and so I expect they're going to do just fine. Um but I do think that investment in the tech space and in semiconductors is going to end up um being very successful. Um we also have Poopoo Poon talking about SanDisk. SanDisk has done great. What a phenomenal pick, absolutely incredible pick. The only issue that I have with this is the is that it's already gone on a massive run. Now, with that said, you look at the earnings here and you can see the earnings growth. Um reported earnings in November of 2025 was 1. 5 billion. Now it's 6 billion. Wow, okay, that's kind of tempting. Let's take a look at the forward PE on SanDisk. That is interesting. Wow. Interesting. Yahoo Finance has some analytics here. This is fascinating. Forward PE 21. Interesting. Market cap's only 161 billion. I think I might pick up some SanDisk. I might do that. I thought they were a lot at 500 billion already. I didn't realize they were still only 165 billion. See, this is why I love the stream. I'm always learning from you guys. I thought they'd already had a lot more of a run than that. Let's see. Fascinating. They're sitting at 161 billion market cap. That's incredible. They could go a lot higher than that. SanDisk is an incredible company. That's interesting. I'm very I may end up taking out a position in SanDisk. I might buy a few shares of SanDisk for our growth portfolio. And see, this is the kind of thing that we're talking about here. There's so many opportunities right now. Let's look at SanDisk. Wow. Woohoo! Man. Is that a chart or what? Let's look it's up 2,500%. That's insane. It's still a good buy though. You guys are right. It's still a good price. The forward PE is ballistic. It's incredible. 1 billion Okay, so yeah, 6 billion. Wow! That report is nuts. Look at that, a 26% beat by 1. 23 billion. That is obscene. Man. I don't know. What do you think, guys? I'm building out investments in tech companies. Do you think I ought to buy some SanDisk? Typically, I don't like buying stuff that is this overextended on RSI. I mean, oh my goodness, look at that. But at the same time, the PE is healthy. It's showing massive earnings growth. I mean, it's almost doubled earnings in like the last 6 months. It's more than doubled earnings in the last 6 months. That's ridiculous. That is obscene. Earnings 23. Earnings has gone up a lot. A whole lot. Wow. I'm tempted. I'm tempted to buy a few shares. I am tempted. They exploded like 30X and PE ratio is still low. That's nuts. That is insane. Wow. I'm very tempted. I am so tempted. Who thinks I should do it? Get a try and go for a 10X in SanDisk. They're obviously going to do a stock split at some point, but yeah, very tempting. I might end up pulling the trigger on a little bit there. Waiting for a pullback would be nice, but wow. That is obscene. I mean, is there going to be a pullback when they're having 25% per quarter? I mean, they're like they're more than doubling revenue every year. Is there going to be a pullback? That's the question. Is there going to be one? I don't know. Who knows? I've got to think about that. Haven't thought of I haven't looked into SanDisk that much. I've heard about it. I knew that it'd been I knew it'd been growing a lot. I don't know. My analysis tells me to buy great
Segment 7 (30:00 - 34:00)
companies at good prices. I would have to really make a justification that this is a good price when it's rallied that much. Because the thing is you can look at a stock like this and say yes, it actually is at a good price even though on the chart it doesn't look like a good price because of what's going on with earnings. Because that when you are looking at great companies at good prices, what you are analyzing is you are not just analyzing the chart, although you are. That's why we bought Microsoft is because Microsoft is a great company and it's at a good price, right? It's at a great company at a good price. It's at a good price as it pertains to its chart, right? It's down here just on top of the 200. And it also has a very healthy forward PE. It's a little bit of a premium, but a lower premium than most of the other tech companies. SanDisk is absolutely just insane on the chart, but if you look at the PE, the PE ratio is still healthy. What about the trailing PE? That's what I want to see. Obviously it's going to be a lot higher. So that might slow me down a little bit. Massively negative. Yeah, so the thing about the forward PE is that the forward PE the you have to understand um the thing about the forward PE is that the forward PE is based on prediction of of earnings. Forward PE SanDisk forward PE today is 9. 42 with without NRI ratio. This is GuruFocus is 145. That's a lot. The forward PE of a company is often used to compare current earnings to estimate of future earnings as well as gaining a clear picture of what earnings will look like without charges and other accounting adjustments. If the earnings are expected to grow in the future, the forward PE ratio will be lower than the current PE ratio. The measure is also used to compare one company to another on a forward-looking basis. And that would be my concern is that there is a there's a very great forward PE depending on who's calculating it between 9 and 20. But the issue with that is that it is that is still that is still assuming that it's actually going to maintain the expected earnings growth. Because the earnings growth has to happen. It hasn't actually happened yet. That's where you have to be careful with forward PE ratios is that they haven't actually taken place just yet. SanDisk is necessary for AI buildout. Yeah. I'll think about it. I'm not convinced. tempted to put like maybe like one share in and just see how it goes. I'm tempted. Anyway, if you guys have not already, I also highly encourage you to check out the sponsor of today's video, which would be none other than the illustrious iTrustCapital. When you sign up for iTrustCapital, you're not only going to be able to buy Bitcoin, you're Bitcoin in a tax-advantaged account, which is a phenomenal advantage because it allows you to not pay taxes on that Bitcoin. If Bitcoin grows to $60,000 and you bought Bitcoin for $10,000, right? You have $60,000 worth of Bitcoin that you bought for $10,000 and you have a $50,000 capital gains. If you did that in a Roth IRA, you would pay nothing in capital gains taxes, which is phenomenal. So if you have not already, make sure that you add iTrustCapital to your retirement accounts uh to your suite of retirement account providers. And when you're buying Bitcoin and cryptocurrencies, just know that you can buy actual Bitcoin and cryptocurrencies through iTrustCapital using our link. If you sign up and fund your account, you will be getting a $100 funding bonus. So make sure that you check out iTrustCapital with the link in the description box down below. I hope you guys have enjoyed today's video. If you did, make sure to hit that like button and subscribe to the channel. And as I said, also make sure to check out our new channel over here at Jeb McAfee Invests. You can see we have a little over 1,000 subscribers now, only four videos. These videos are really phenomenal. Um our video that went out yesterday has almost 5,000 views already. So these videos are getting a lot of content. This is why I sold all of my SPY for XQQI on our journey to $10,000 a month in passive income. So if you haven't already, make sure to go and subscribe to the channel and check out our videos. We're talking about how to generate massive amounts of passive income so that we can live on passive. I really appreciate all of you guys for being here. And before I go, I do just first want to thank each and every single last one of you for watching, as always, and I will see you guys in the next video. Peace. Oh, I got a real good feeling. Got Like there is lightning deep in my bones. Yeah, I got a real good feeling. I won't hit no ceiling. I'm going higher than I've ever known. Yeah, I got a real good feeling. Got a real good feeling. Like there is lightning deep in my bones. — I won't hit no ceiling.