MM #267: How to Double Returns with Stock Options, Bitcoin Breaks $120K, & Nvidia Hits $4 Trillion!

Summary

Market Mondays Episode #267: How to Double Returns with Stock Options, Bitcoin Breaks $120K, & Nvidia Hits $4 Trillion!

Release Date: July 15, 2025

Hosts: Ian Dunlap and Rashad Bilal
Producer: EYL Network

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1. Market Overview

Nvidia's Stellar Growth
The episode kicks off with a monumental announcement: Nvidia has achieved a $4 trillion market capitalization. Troy Millings shares his enthusiasm, stating, "Nvidia has been a catalyst for the AI trade, focusing on what truly matters and building the AI infrastructure for America to maintain a competitive edge." [61:30]

Intel's Struggles in the Semiconductor Market
Conversely, Intel faces significant challenges, admitting they've fallen out of the top 10 in semiconductors. Troy Millings draws parallels to past tech downturns, saying, "Watching Intel lose their lead is eerily similar to when BlackBerry began to lose its dominance to Apple." [07:49] The hosts discuss whether Intel can ever reclaim its former glory, concluding that catching up is unlikely without substantial innovation and strategic partnerships. Ian Dunlap emphasizes, "There is no catch up; it's now about survival." [12:27]

2. Investment Strategies with Stock Options

Success Stories from EYL University
The hosts delve into their successful options trading strategies, highlighting several high-performing calls initiated in April. Rashad Bilal outlines their approach: identifying depreciating assets, selecting appropriate strike prices, and exercising patience for long-term gains. [25:43]

Notable Performances:

• FDN First Trust (FDN): Achieved over 200% gains.
• SMH Semiconductor ETF (SMH): Nearly 200% increase.
• Netflix (FDN): Rolling gains with a forecasted 182% growth.
• Nvidia December 2025 Call: Potential to hit 1,000% returns. [53:24]

Philosophy: Stay Low, Keep Firing
Ian Dunlap emphasizes a disciplined approach: "Stay humble, avoid emotional investing, and protect your downside." [25:00] The strategy involves staying patient, executing based on solid research, and maintaining reserves to capitalize on market pullbacks. [25:30]

3. Cryptocurrency Highlights

Bitcoin's Historic Surge
Bitcoin has surged past $120,000, marking a significant milestone. Rashad Bilal attributes this growth to anticipated legislative support and institutional investment. [72:39]

Ethereum and XRP Growth
Ethereum surpassed $3,000, while XRP made notable gains, contributing to the overall bullish sentiment in the crypto market. [61:23]

Crypto Legislation: Crypto Week
Declared by House Representatives, Crypto Week (July 14–18) aims to fast-track three major bills:

• GENIUS Act: Establishing national innovation for U.S. stablecoins.
• Digital Asset Market Clarity Act: Providing clear guidelines for digital asset markets.
• Anti-CBDC Surveillance State Act: Addressing concerns related to Central Bank Digital Currencies (CBDCs).
  Rashad Bilal explains, "The anticipation around these legislative acts has fueled Bitcoin's run-up, making this a historic moment for crypto." [77:36]

4. Nvidia's Dominance in the AI Economy

Strategic Partnerships and Innovation
Nvidia's collaboration with major tech giants like Microsoft and its pivotal role in AI infrastructure have cemented its position at the forefront of the market. Troy Millings predicts, "Nvidia could potentially add an additional trillion dollars in the next two to three years." [64:13]

Long-Term Outlook
Ian Dunlap shares his bullish outlook: "Nvidia is setting up for a four to five-year run before anyone even gets close." [64:45] The company's focus on continuous innovation and strategic partnerships ensures sustained growth and market leadership. [66:26]

5. Upcoming Events and Opportunities

Invest Fest Highlights
The hosts promote the upcoming Invest Fest in Atlanta, featuring panels on China market strategies, AI advancements, and cryptocurrency insights. Attendees can expect in-depth presentations and Q&A sessions with industry experts. [125:17]

Educational Opportunities with EY University
Rashad Bilal and Troy Millings encourage listeners to join EY University, offering discounted memberships for a limited time. The platform provides access to monthly options classes, real-time trading calls, and a supportive investment community. [57:20]

6. Investment Philosophies and Community Building

Embracing Competition and Avoiding Complacency
The discussion underscores the importance of remaining competitive and continuously innovating to avoid stagnation. Rashad Bilal asserts, "Feeling like a failure keeps you critical and drive you to improve," promoting a mindset of relentless pursuit of excellence. [09:48]

Long-Term Holdings vs. Short-Term Gains
The hosts advocate for a balanced approach, combining long-term holdings with strategic options trading to maximize portfolio growth. Troy Millings emphasizes the power of holding quality assets: "My greatest gains have come from holding long-term." [95:31]

7. Key Takeaways and Conclusions

• Nvidia's Market Leadership: Positioned as a cornerstone for AI-driven market growth, Nvidia's trajectory suggests continued dominance and substantial returns.

• Intel's Decline: Serves as a cautionary tale about the risks of complacency and the necessity for ongoing innovation in highly competitive markets.

• Options Trading Success: Effective strategies focusing on depreciating assets and patience can yield impressive returns, as evidenced by recent portfolio performances.

• Cryptocurrency Momentum: Bitcoin's unprecedented rise, supported by impending legislative measures, highlights the evolving landscape and potential for significant investment opportunities.

• Educational and Community Resources: Platforms like EY University provide invaluable resources for investors seeking to enhance their strategies and engage with a like-minded community.

Notable Quotes:

• Ian Dunlap: "There is no catch up; it's now about survival." [12:27]

• Troy Millings: "Nvidia could potentially add an additional trillion dollars in the next two to three years." [64:13]

• Rashad Bilal: "The anticipation around these legislative acts has fueled Bitcoin's run-up, making this a historic moment for crypto." [77:36]

• Ian Dunlap: "Stay humble, avoid emotional investing, and protect your downside." [25:00]

• Troy Millings: "My greatest gains have come from holding long-term." [95:31]

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Stay Informed and Invest Wisely
Market Mondays continues to provide actionable insights and strategies to help investors navigate the dynamic financial landscape. Whether you're interested in stock options, cryptocurrencies, or understanding the shifts in major tech companies, this episode delivers valuable information to empower your investment decisions.

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Disclaimer: The discussions and strategies presented in this summary are for informational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a professional financial advisor before making investment decisions.

Transcript

[Ian Dunlap]

This episode is brought to you by PNC Bank. A lot of people think podcasts about work are boring. And sure, they definitely can be. But understanding a professional's routine shows us how they achieve their success little by little, day after day. It's like banking with PNC Bank. It might seem boring to save, plan, and make calculated decisions with your bank, but keeping your money boring is what helps you live a more happily fulfilled life. PNC bank, Brilliantly boring since 1865 brilliantly boring since 1865 is a service mark of the PNC Financial Service Group, Inc. PNC Bank National association member FDIC. You know where your business would be without you. Imagine where it could go with more of you. Well, with wix, you can create a website with more of your vision, your voice, your expertise. Wix gives you the freedom to truly own your brand and do it on your own with full customization and advanced AI tools that help turn your ideas into reality. Grow your business into your online brand. Because without you, your business is just business as usual. Go to wix.com yeah, yeah, we back. We back. Happy Monday indeed. Happy Monday indeed.

[Rashad Bilal]

Top of the top. Yes, sir.

[Ian Dunlap]

Another glorious one.

[Rashad Bilal]

A lot to talk about. It's a lot going on in the world, man. First and foremost, shout out to everybody that we ran into over the course of the weekend. Visit Rwanda team.

[Ian Dunlap]

Shout out to them. Yeah, appreciate it.

[Rashad Bilal]

Much, much appreciated.

[Troy Millings]

Y' all should have gave us a trophy.

[Rashad Bilal]

For sure. World Cup Club Championship. And Chelsea won. Congratulations to Chelsea. PSG fell short, but, you know, be back next time.

[Ian Dunlap]

Congrats to them on a hell of a year, though. They had an incredible year. Probably got the player of the year. But it's interesting, man, watching. Watching Chelsea play, I was looking at this dude because I'm like, why they keep putting it this. This kid from Chelsea, Cole Palmer in these Nike commercials. And I'm like, is he really built like that? And I promise you, you saw it firsthand. Two goals in eight minutes. I said, oh, damn.

[Rashad Bilal]

Oh, wow.

[Ian Dunlap]

Let me. I'll take it back. Shout out to Chelsea. Shout out to psg for sure.

[Rashad Bilal]

Tap into Blackout this week. Yeah, man, we got a dope episode. We got a special guest, my guy, Daniel King. He lives in Dubai now. We're gonna get to the bottom of this, dude. This Dubai situation to see what's really going on out there.

[Ian Dunlap]

But a real six. A shout out to the six.

[Rashad Bilal]

Yeah. Good, good. Come on. He'll be on Invest Fest also.

[Ian Dunlap]

Three nights. Y' all sold out. Don't act like it didn't happen. He might have said some things we don't agree with.

[Rashad Bilal]

Burner boy. He's like his wireless this small.

[Ian Dunlap]

Why we gotta start? We can't just be. Three amazing nights, sold out, different set every night. A lot of people came out.

[Rashad Bilal]

Salute to Drake.

[Troy Millings]

Different tattoo was needed though.

[Ian Dunlap]

Can y' all say that for Wednesday, please? Like let's just.

[Rashad Bilal]

We also gonna be talking about the Epine Epstein situation.

[Ian Dunlap]

Are we we not.

[Rashad Bilal]

We're not we.

[Ian Dunlap]

Production meeting. Production. Yes, we are. Tune in Wednesday, production meeting.

[Troy Millings]

I need the X ray lens. They surveilling your emotions in my seat.

[Rashad Bilal]

Oh, yeah, we got a lot. And then Thursday, 9 o' clock Eastern Standard Time. Alicia Little, she, she's known as the Queen of AI. We met her at Carnegie Hall. She was, she did a presentation at Carnegie hall right before we came on with Robert Smith and man, she's one of those ones when it comes to artificial intelligence. So this is a very important how to series. 9 o' clock on ear le YouTube channel. We're going to be going. This is a how to specifically for entrepreneurs and people in the content creation space. We're going to be talking about how to actually optimize your business. How to create Instagram videos for people that scared to, you know, make content, how to make cartoons, how to make flyers.

[Troy Millings]

Yeah.

[Ian Dunlap]

Websites within minutes, landing pages, product placement, product advertisement, how you should be using it, how you should be prompting it. I. It feels like AI obviously has been the conversation. I know we, we had an amazing episode with Xai. Y better tune into this.

[Rashad Bilal]

So if you're an entrepreneur, anybody really. But specifically if you're in business, entrepreneur, content creator, looking to grow your business, looking to scale online. But like I said, anybody really? Yeah. This is something that you cannot afford to miss. This is free education. We give you websites, we'll give you websites, we're going to give you apps, walk you through it's visual presentation. So she's actually going to be doing it in real time. What I highly suggest that you tune in 9 o' clock Eastern Standard Time on your leisure's YouTube channel.

[Ian Dunlap]

Tell a friend, tell your cousin, tell you. This is like sit down at the table and we all got to watch this together. It's one of those.

[Rashad Bilal]

All right.

[Troy Millings]

And you can use it to make your pitch for Invest Festival. A 30 second clip.

[Ian Dunlap]

Oh, 100, bro.

[Rashad Bilal]

Talk about that too. We'll talk about that too. We go. We got some updates for Invest Fest too. I'll talk about that later on in the show. But Ian Any. Any announcements?

[Troy Millings]

All of a sudden, every analyst on Earth wants Tim Cook to be fired. You don't say, I need y' all to stop. I listen. I love all y', all respectfully and shout to everyone on every network that's been moving around, we have to stop. I was the only person that was stupid enough to say Tim should be replaced. Now all of a sudden. Francois, please let me make my. I'm sick of this. Y' all can have the other little that y' all take. Not this one, no. Matter of fact, Tim Cook another 10 years, I'm gonna start the march. I need a Tim Cook flag at Invest Fest. Please, please stop copying me. I love y' all dearly. Mineral, if I made you money, please put this.

[Ian Dunlap]

That being said, our content, it must be used for informational purposes only. It's very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional connection with or independently research and verify any information that you find on the show and wish to rely upon whether for the purpose of making an investment decision or otherwise. Please, people, share the research. Share the love. Let's build community. Let's build our brokerage accounts. Let's build wealth. And anything that you find, please give credit to the person who said it or where you heard it from, especially Ian. Thank you.

[Troy Millings]

Especially if you go on our national news network and watch our show the night before.

[Rashad Bilal]

It's a lot to talk about. Of course we're going to talk about Bitcoin120,000 crypto week.

[Ian Dunlap]

Smoking.

[Rashad Bilal]

Everything is up right now. Ethereum, XRP. We're gonna be talking about. We're gonna talk about that for sure. Crypto week is upon us, so a lot to talk about. But before we get into that, let's talk about Intel. So the Intel CEO admits that they have fallen out of the top 10 in semiconductors. And is it too late to catch up? What are the only three to focus on? It's a few different questions here, but.

[Troy Millings]

Yeah, I know everyone thinks I'm going to belabor this point. I told you so. I'm not. This week I'm in a more Joby. I'm thankful that I can hear. Thank you guys for dealing with me while I was low energy. Right. But I think the. There's two sides of this coin. One, we're witnessing the death of an American iconic brand. Like, I'm not going to put them in the. I'm in Houston, so I'm not going to put them in the compact territory. But to see them lose their lead is eerily similar to when Research in Motion began to lose it. BlackBerry began to lose their lead to Apple. From this moment forward, there is no coming back. I think we talked ad nauseam about the AI companies that are chip companies that matter more, but Nvidia, tsm, asml, Micron, like Microns and Pass Intel. So the big lesson I want everyone to ascertain for from this is that you have to be mindful of the moves that the CEOs are making to keep the competitive brand. And I think the biggest mistake that, and it happens to a lot of entrepreneurs, once you have a lead, you get so comfortable in having it, you think no one's coming to replace you. And this is the thing that I respect about all of us. But like Rashad getting that work mode like around this time of year and he up cutting the clips himself and posting eight times a day. You can't give the lead up. You can't. Like I can't scream this enough that one of the things that I admire about Jensen and then about Steve Jobs, no matter how much of a lead they had, they kept pushing to make the product greater, the brand greater, the partnerships greater. And intel just lost some of that competitive drive. And I wanted to hear from you guys, for all the entrepreneurs, especially again at 4Invest Fest, how do you not lose your focus and your drive when you finally get a lead?

[Rashad Bilal]

Well, you always have to feel like a failure. Oh, have to feel like a failure. Because once you start, once you start to feel like you made it, then you take your foot off the gas. When you feel like you've underachieved or when you feel like you, you ought to look at it from a pessimistic standpoint. For me, I'm always going to take that because I feel like it's needed. Because like you gotta always be critical of yourself. You gotta be critical of the situation. You gotta say, okay, I did this, but how come I didn't do this? Or somebody else is doing that and I'm not doing that.

[Troy Millings]

Like when's the last time you felt like that? And I'd be vulnerable and share one too.

[Rashad Bilal]

For in general or one particular?

[Troy Millings]

Just in general.

[Rashad Bilal]

Every day. Every day I feel like, no, I mean like I'm always looking at it. Like, I mean in my brain we should already have a hundred million billion dollar operation. Like it's disappointing.

[Troy Millings]

Yep. The other one Surf news came out. Another what am I doing with my life? What 2.7 on a wake up. I'm like, what? And shout to Black rock and Invesco. Invest on Invesco. Aladdin is great, but I'm like, man, the crystal ball that that's been the AI. Oh. I said, what is that worth? I want to do the calculation. Boy, I cried my ear pop real fast. Get back to it, new vibe code, figure some stuff out. I agree. Yeah.

[Ian Dunlap]

I think it's consistently thinking about what's next for your business. Like, what's next? How do we become better? I don't even think it's about competition in a sense more than it is. Like, how can we do something better? Like you said from a pessimistic view, but even from optimist, you're like, yo, that was great. But what's next? Like, what can we do that hasn't been done right? How do we reinvent ourselves? How do we create more friends? How do we create more moments? How do we create more like we got to just keep inventing and keep innovating. And I think you, when you look at Nvidia, those are the characteristics that keeps it ahead. When we went and saw the next 10 years, it's different. And you realize that there forget catch up, it's over. That's not. There is no catch up. It's now about can you survive? Will these other companies survive? And their goal is not looking at it like, oh, that's competition. They're looking at like, yo, we're going to be better than we were last year. We're going to be better than we. We're going to be six months from now.

[Troy Millings]

Six months. Yeah, yeah, yeah.

[Ian Dunlap]

It wasn't like we, we keep thinking these things are in 12 year, 12 month cycles when they're really in 6 month cycles internally, right. They're looking at it like, all right, well this product, all right, six months, what's the next product? Six months, what's the next product? That way you always stay ahead of the curve. Right. When people are waiting year by year, you know that you already cut that time by 50 so you're always ahead. So there really is no catch up in terms of Intel. It's all semis are not created equal.

[Troy Millings]

No. Let's just start with that.

[Ian Dunlap]

Right? Like so.

[Troy Millings]

But for that era, they were Nvidia though.

[Ian Dunlap]

They were. And then, right. So they're not all equal. So at this point, right. In terms of intel, there is no catch up. I think what excited people about the news of the transparency of saying that we're too far behind to catch up is now who's going to acquire them. I think that, that that's what the. The pathway ahead is. Right. Like, they still are, like you said, an American giant. They still are part of a lot of these infrastructure bills. Even when, you know the current administration is looking at it, they still are getting incentives. It's just not that they can't compete at this level because they don't have the technology to do it. So who is the person in the GPU market that's looking like, you know what? We could. We could potentially acquire them. We could potentially partner with them to help our business. Is it amd? We'll see, right? Is it? I doubt it's Nvidia, but there will be somebody at this point to say, all right, you know what? They have technology, they have a strong legacy brand. How can we partner? How can we acquire? Because there won't be any catching up.

[Rashad Bilal]

And I feel like, okay, let's talk about feeling like a failure. Vitally important. And I think you got to have competition. Your competition might not be in your space, but it got to be competition. So what I mean by that is, like, let's take somebody like Elon Musk. No matter what you feel about him, he's obviously a very successful entrepreneur, right?

[Ian Dunlap]

Yeah.

[Rashad Bilal]

I don't know if he's necessarily. He's obviously has a monopoly in everything that he's doing. I don't necessarily think that he's looking at Blue Origin as his competition in satellite aerospace, but he's pushing himself to do things that has never been done in humanity, like colonizing Mars. And, you know, these are different things that when you start saying, okay, like, I want to be the most notarized person in the history of the world, who's my competition? Well, who's the top five most notable people in the history of the world? Yeah, that's my competition. You know what I mean? So it's like, for me, I don't enjoy events because I don't look at it as a person that's a spectator. I look at it like this is competition. So it's like, even, even yesterday we go to the event, I'm not enjoying the event like a regular fan.

[Troy Millings]

Well, how can we scale to exactly, exactly that?

[Rashad Bilal]

So I can't even fully enjoy it because I'm not looking at it from a perspective of I could truly care less, to be completely honest with you about it, but I'm looking at it from a perspective of like, how the hell they get 80, 000 people in here, what is, what would it take? Is that even, is that possible? Is that humanly possible? What is the cost? How much money are they actually making from sponsors? Like, and I mean, like, what does it take to run this operation at this level? As far as a stadium, 81, 000 people and you got 150 different people doing security checks at every aisle. And then you got New Jersey state troopers and they shutting down the highway because Trump is there. Yeah, that's not competition in the space because it's like what we're in as far as Invest fest. Obviously we're not doing sporting events, so somebody will look at that like that's not really a competition because you're not even in the same lane. Well, I don't look at it like that. I look at it like the whole world is your competition. If you're getting inspired, you got to get inspired by something, even if it's not something that you're not directly related to. Because like you said at one point, IBM was the biggest company in the world and they, they was known for having the golden parachutes. And it was everybody's dream to work at IBM. You ask somebody in MIT right now if their dream is to work at IBM, that would probably be a failure. If they. Yeah, if they work the IBM, that's like the last thing on their list. But at one point in time, that was the premier place to be. What happens? It's like you got to study history. Empires fall because of negligence. Most empires fall because of infighting and negligence.

[Troy Millings]

That's a great point.

[Rashad Bilal]

So it's like, you know, you got it. You can't get complacent. Whether it's Rome, Greece, Egypt, like, and we're seeing it happen with America now. You, once you start to get complacent, you got to have a healthy level of paranoia. China has that. China has that right. You got to have it extremely. And that's just. Everybody's different. But I feel like for me personally, there's a certain level of toxicity that you have to have within you if you want to be exceptional.

[Troy Millings]

Tell me more paranoia.

[Rashad Bilal]

That's toxic, right? Like feeling like you're a failure, that's toxic. Always wanting to be better than somebody else that's not even in your space. That can be considered toxic. Well, all of these, all of these people are toxic. People, everybody that's been great has been toxic. Whether it's Michael Jordan, whether it's Steve Jobs.

[Troy Millings]

Steve Jobs, God rest is so super toxic. Everybody, not the best.

[Ian Dunlap]

Because if you Put everybody, then that.

[Rashad Bilal]

That the highest levels. Look at, let's, let's look at sports, right? You got Michael Jordan, who's considered the greatest of all times. Most people would say that he had a lot of toxic trait. Tiger woods, who's considered the greatest golfer of all time. Most people would say he had a lot of toxic traits. Michael Jackson, who's considered the greatest entertainer of all time.

[Ian Dunlap]

But then it becomes subjective, though. Right? Right. And we had this conversation, like, candidly about.

[Rashad Bilal]

Notice a trend here, Ian. Like, no, no, I'm not.

[Troy Millings]

I'm not.

[Ian Dunlap]

Arguing the fact that there are successful people who have those traits. I'm saying that not every. When you say everyone, then somebody might literally think you mean every person. Right. Because somebody might look at LeBron and say, like, we haven't seen the toxic trade anymore. We've never encountered him. Well, I'm not saying that it doesn't exist. Right. We ain't exactly.

[Troy Millings]

We haven't seen Rich zoom in to them on that.

[Ian Dunlap]

No, no, no, we're not gonn.

[Rashad Bilal]

But I'm not even. Chris Kobe. We know Kobe was. Rest in peace. We know he was crazy. But again, not having that Mamba mentality.

[Ian Dunlap]

Has it been a pathway, Mike Tyson. I'm just saying, has it been a pathway for some people? Absolutely. Doesn't have to be the pathway for everybody.

[Troy Millings]

I, I can't.

[Ian Dunlap]

I don't agree with that level.

[Troy Millings]

Does it take that.

[Rashad Bilal]

I can only speak for what works for me personally.

[Ian Dunlap]

Yeah. Because I would.

[Rashad Bilal]

I can't give. I can't give a roadmap for somebody else.

[Ian Dunlap]

No, I'm not saying that you are. But here's, here's what I'm saying by that. Right. You said, when you say everybody. Right. Because I would say, like, I don't have those traits. Would people look at me as successful? They probably would right now. That pathway is different for me. Like you said, you're speaking for yourself. But when you say everybody, just say.

[Rashad Bilal]

At the highest level. Nick Saban. I mean, I can, I can, I can rattle off this list. Yeah, but when you look. Yeah. When you look at the highest level. Possible. I don't think it's a coincidence that when you talk about all time, the best of all time, a lot of, if not all of these people have very similar characteristics.

[Troy Millings]

Should it be that way?

[Ian Dunlap]

I don't know.

[Troy Millings]

God's advocate.

[Ian Dunlap]

Yeah, I don't. I don't know. But even that's singular. Right. So if you're talking about the greatest of all time, you're talking About a very short list of people. Right. But outside of that list, there are millions of people who have reached success.

[Rashad Bilal]

You know, second place is the first loser. But I'm just saying, as far as we're talking about intel being dominant, like, you could, you could be a healthy middle, middle person in life, and there's nothing wrong with that. But the conversation that we had is, is intel ever going to be number one or number three? This is a. This is. This is war. Business is war. Yeah, you're fighting that game. We're not talking about. Because they're, they're a successful company now.

[Ian Dunlap]

Sure. Right, right.

[Rashad Bilal]

They're a successful company.

[Troy Millings]

Right.

[Rashad Bilal]

If that's what they want to be, then fine. But if they want to overtake Nvidia, you're gonna have, you're gonna have to do some. You're gonna.

[Ian Dunlap]

No, that's not. So that's never gonna happen. Right. Like going to happen. In fact, this. He's actually about five years late on this. We've been saying this for five years now, like, yo, you're not innovating on any level at the premier people or companies in your space. We could name about five semis right now, just in the GPU market that.

[Troy Millings]

Are greater as a competitor as well.

[Ian Dunlap]

If we want to take the entire semiconductor, we probably can name at more.

[Rashad Bilal]

Than 10, it's second place, the first loser.

[Ian Dunlap]

It depends in where you're at.

[Troy Millings]

You're in 19th place. To be honest, it's not.

[Ian Dunlap]

They're not even in that conversation of second, though.

[Rashad Bilal]

But is your in your life philosophy.

[Ian Dunlap]

Is second place the first loser? First loser in business? I can't say that, no.

[Rashad Bilal]

In sports, in life, different.

[Ian Dunlap]

No, I don't think so.

[Rashad Bilal]

Ian, do you think second place is the first loser?

[Troy Millings]

Depending on what day. I'm grateful to be able to hear something approach. But.

[Rashad Bilal]

But there's nothing wrong being a loser. That's. That to me, second place is the first loser.

[Ian Dunlap]

All right, so in terms of. Let's, let's take in terms of market cap companies, right? Nvidia's number one. Is Microsoft a loser?

[Rashad Bilal]

The first loser.

[Ian Dunlap]

Are they a loser?

[Rashad Bilal]

Yeah, they're the first loser. They're the first loser. There's nothing wrong with being a loser. So LeBron James lost more championships than he's won.

[Ian Dunlap]

He's a loser.

[Rashad Bilal]

And he. No, I'm just saying that he's. Sometimes he's a winner, sometimes he's a loser. He's played both positions.

[Ian Dunlap]

All right, so.

[Rashad Bilal]

But in, in, he's going to Be considered the second, third, first best player of all time. Right.

[Ian Dunlap]

Top two.

[Rashad Bilal]

So, okay, there's nothing wrong with being a loser. Me personally, I want to be. I want to be a winner. That's just.

[Ian Dunlap]

Me personally, I want to take the context because I want to take the context of why St. Louis.

[Rashad Bilal]

I don't care trophy in my tournament. I, when I had a tournament, they did the, the rest in peace to Boston Keith. He was like, we're going to give trophies to the second place. I said no, because they got to learn you don't get rewarded for losing.

[Troy Millings]

Yep.

[Rashad Bilal]

I'm proud of you that you competed.

[Troy Millings]

But are they loot?

[Ian Dunlap]

That's, that's why I said sports is different when you talk about business. At the end of last week's episode, you said, remember, like, yo, if you hate, remember, you're always going to be a loser. Was that in a negative connotation or a positive one?

[Rashad Bilal]

Loser. Loser's a loser. But I'd rather be the first loser than the last loser. If we're running a marathon, I'd rather be the second person than the 148th person. Me personally, but I'm still a loser. But I'd rather be the second place loser. I'd rather be the second. I'd rather be the first loser.

[Ian Dunlap]

Is that loser different from the one you're referring to?

[Rashad Bilal]

Absolutely. Because if you are.

[Troy Millings]

Tears to loser.

[Rashad Bilal]

There's tears to losing. There, there's levels to losing.

[Ian Dunlap]

No, I'm saying loser. Yes. People, if you're not winning, if you didn't win, then you're losing.

[Rashad Bilal]

There's losing.

[Ian Dunlap]

Tear to losers.

[Rashad Bilal]

No, no, there's losing and then there's a loser. Hello, a loser is chronicle. Now that's, that's a life habit that you've made a decision and you, you consider you're, you're a loser in life. You can lose. Anybody can lose. You could be, you can lose a match, you can lose a, a place. That doesn't necessarily make you a loser. Habitual habit.

[Troy Millings]

You can rebound.

[Ian Dunlap]

If you just said that the second place is the first loser for that.

[Rashad Bilal]

One particular thing, would you always come back next year? Microsoft might. Next year they could be, they could be first place.

[Ian Dunlap]

They could be first place.

[Troy Millings]

Exactly.

[Rashad Bilal]

Exactly.

[Troy Millings]

Healthcare AI moves.

[Rashad Bilal]

Conversation. Losing is temporary. Loser is forever.

[Ian Dunlap]

Don't feel, sir.

[Rashad Bilal]

Don't be a lose a loser. Don't be a loser.

[Ian Dunlap]

Broadcom has never been number one in market cap. Okay, they probably won't be. Google has never done that either. Loser. That, I mean, that's a. That's 20 years.

[Rashad Bilal]

And that's one category. You could say Google is the number one search engine. They've been a winner in the history.

[Ian Dunlap]

Yeah, I'm just talking about in market cap. Yes, Categories can change. I'm saying in terms of market.

[Troy Millings]

I think market cap can be subjective, but you have category leaders. The issue with intel, intel was America's company and they went to damn near 12th place. And the public service announcement. Oh, boy. Who wrote on my YouTube comment, please issue me a public service apology when.

[Ian Dunlap]

I scream this for the last hating on it.

[Troy Millings]

No, it's like you don't know in.

[Ian Dunlap]

Terms of intel, bro, they're not. They're not going to be in the.

[Troy Millings]

Crazy part is the CEO back in the day, Andrew Escrow, wrote only the paranoid could survive. And intel did not listen to what he wrote in that book.

[Ian Dunlap]

Yeah, the amount of capital, the amount of infrastructure they would need to. To compete. The United States government is not gonna be able to help them at this point. Right. They got. They were the largest receiver of allocation for funds for infrastructure. They got the largest amount.

[Troy Millings]

Yeah.

[Ian Dunlap]

It's not gonna bring them back.

[Troy Millings]

Y' all should have gave that money to Tesla despite his.

[Ian Dunlap]

They only. They only know they.

[Troy Millings]

How do you get back to your 09 lows? With government subsidies. What? How you must manage that.

[Rashad Bilal]

Okay. Speaking of not being a loser, we're going to talk about options. We haven't spoke about options in a while.

[Ian Dunlap]

Let's do it.

[Rashad Bilal]

And this is a perfect time because stock market went up a lot. So if you were in option calls, you should see some gains. Or you were in the wrong option call. But we haven't done this in a while, so we'll do a presentation. Yeah, let's do it. All right.

[Ian Dunlap]

We're not even gonna waste any time. We're gonna get right into it this Thursday. Make sure y' all are there. UIL University. We are back. We are back. We are back. We're going into our next summer session of options master classes. Look, we're giving a lot away this Thursday, the three new targets. But before we go there, we got to tell the people what we've been doing, what we've been cooking up. So y' all in for a treat. Let's get this thing started, man. Let's go. All right, so tonight, here's what we're going to do, right? We're going to go over what it means to stay low and keep firing. We always talk about everybody. Eylu, you'll know what the rules of engagement are when we doing options, we got to stay low, we got to keep firing. We're going to unpack that a little bit today. And then for the first time on market Mondays, they told me, troy, you need to talk your a little bit. So I said, okay, okay. All right, people, I don't like to do this, but tonight I will. I'm gonna show you some of the results because not only are the team inside of eyu, not only are they winning, but the people in market Monday should be able to win, too. So we're gonna give away some game tonight. We're gonna show you what we've been up to, how we've been cooking up, and how we've been staying low and firing with precision. All right? Then we're gonna give away a treat tonight. We're gonna give you the next target, what we're looking at. Eylu, please, Ernest, please don't kill me. Don't destroy me. I'm gonna just show them how we go into looking at positions that we like and how we shoot at those. Those targets with position. And then we're gonna give the game plan the most. The game plan to a T. We got to be strict with it, and we have to stick to our script. But before we go there, right, before we go there, let's talk about this, right? So when we say stay low, that means we're not going to be braggadocious. That means we're not going to be boisterous. We're going to be humble, and we're going to avoid emotional investing, right? We don't get caught up in hype cycles or headline news. We stay in learning mode and we protect your downside, right? Safety first. I know we talk about safety first first, but it's important, right? This is what it means to stay low. Just be humble, take your emotions out of it, put your seatbelt on and trust what you've done. And the key firing part is. Is important, right? That's when we consistently invest capital in smart. Keyword smart research opportunities. And y' all know one thing about me. I'm gonna dive deep into the research man, because that's where the money is made, right? If you understand the position and you understand how the market works and you understand the company you invest in, you, you are going to succeed more times than not, then we got to take action, right? The most important thing is the execution, but we take action based on fundamentals, and we're going to be precise about that, right? So we stay low. We Keep firing and we go hit our target. Now this is crazy ironic thing is the last time we were here on market Mondays, giving them the game inside of what happens in Eylu, it was last April. April, right. So April was a pivotal month because we had a nice pullback in the market. And sometimes when we get a pullback, we have to look at it and say, all right, let's go back to the basics, right? How did we get success in the first place? And so we did right to a T. We went back to the basics. I showed you how the table strategy. We're going to put ETFs and indexes as our legs and we're going to make sure that those legs are super strong. And we're going to do the same thing with our portfolio. Right. If we build a strong legs on the table, then we can put assets on top of that. And so our base was built here Last on in April 17, I believe by April 17. Cool. We built the base. Well, let's see what's happened to that base since. So we said we're going to use smh, right? And we showed you that we're looking for depreciating clause. And it just so happens April 7th we had a depreciating event. Obviously the President put his tariffs into effect and that caused the market to have a huge, huge pullback, especially the NASDAQ and more specifically the semiconductor sector. So SMH was a semiconductor etf. We saw a pullback. So that was the first sign that, all right, there's something here, right. That was going to be our first leg. And then we talked about the game plan. Right. We said we're going to look at depreciating assets. We'd like to see the ETF or index of stock. We like to see a pullback. And so we circled here at the high and we looked at how far it has depreciated. And so here was at 61. And then we saw it drop down to 37. Now this is the actual options call. So I'm going to go back to you real quick. So we watched it here. This is the actual price movement of estimation. So you can see it hit over 275. And around April, early April, it dropped to two under 200. So that's a good sign. Right. That means there was a dependent depreciation of 15 to 20. Perfect. Next thing is depreciation of 30 to 40% inside the actual option call. And if you look here, perfect. It hit our mark. We like that right there. It is showing you exactly where it hit. So it dropped about 40. Perfect. This is going to be my first leg. All right, so we showed you how we did it. We showed how we picked it with the expiration dates and we picked strike prices and we said, this is our call. Here it is, right here. Right. You didn't have to go anywhere. You didn't have to open a book, you didn't have to go on a website. You didn't have to go on social media. I told you, here's the call that we're doing. Smh. Our expiration is January 15, 2027. Mind you, we're in 2025. So we got two years on this. When we talk about long term leaps, this is what we're talking about in the option space. We're giving ourselves two years for this option contract that hit that strike price of 195. But that was just one leg. Then we broke down how to get our next leg and we talked about the Consumer Discretionary XLY being the ETF that was holding that. And we struck at this one. So that was our second leg. We did this all live with y'. All. Then I said, look, man, this Netflix thing is really, really enticing. And I want an ETF that has Netflix. Netflix as a leader. Excuse me. And we found this one. We did a search on etfdb and we saw that FDN First Trust, Dow Jones Internet Index Fund was the leader in terms of allocation when it came to Netflix. So this contract was interesting because the expiration dates didn't go out to 2026 to 2027. So we said, all right, for the meantime, let's get a short term one for this etf because Netflix was in it. And at the time Netflix was trading around 850. And I guess you can kind of tell where we're going to go with this, right? We see what Netflix is doing today and so you can kind of tell what happened to fdm. But this was happening live. We actually did this. And so we said, that's three ETFs. There goes our legs. Then we had to find out Netflix. We kept talking about it and all the opportunities inside of it. We saw, like I said, another nice pullback. And so we use another one of our resources. We went to estimize, right? And we actually looked at how Netflix performed by quarter. And you can see here, circled is 1Q23, 1st quarter 24. Interesting. Oh my gosh. Excuse me. Interestingly enough, this week is marking the reporting of the second quarter. And so we can look at the ratio of how Netflix grows quarter to quarter. We can see there's going to be appreciation that has been or nearly has been appreciated in every quarter in the second half of this year. All right, so this was the last thing. So we said, all right, well, we're going to get a call on Netflix and shout out to everybody in Eylu. Shout out to my man Champ. Champ. What's going on, my boy? We put this in. In Eylu. We said, all right, well, we got four different contracts we're going to put out. We did xly, we did fdn, we did smh, and we did Netflix. Right? So we did four calls, put this live shout out to everybody. And this was again in April. Well, ladies and gentlemen, the results are in. The results are in. Shout out to everybody that was part of that class. Shout out to everybody that was watching Market Mondays that week. And obviously you should be watching every week, but here are the results, right? We did that in April and look how those calls have performed. We got fdn at over 200%, SMA's nearly getting up to 200, and Netflix is just on a rolling. We anticipate that to continue at 182. XLY has done pretty well. We're not going to sneeze at 78. But these are all positive gains, right? These are all positive gains based on information that was handed out. And we don't think that's going to slow down. Right. We believe in the semiconductor space. Obviously, Netflix has a some Runway to go. And FDN is obviously allocated a lot of its capital to Netflix. And so these are the benefits of that. So a lot of people will say, well, Troy, how much money did you make? I tell people all the time the money is important, but it's not the only thing, right? So the more important to me is that what's more important is that you have gains, right? So like, if somebody started with $10 and they had a percentage growth of 204, that's great, right? If somebody saw with a thousand dollars and that was your percentage growth, that's great. If that was $10,000, where you start is what matters, right? And so your percentage growth is what matters to me, not what how much money I made. I know people get psyched in that and you see that on the Internet and that's great for people that do that. Just not my method. I understand what comes with showing people cash. A lot of envy comes with that. A lot of you know, a lot of people will celebrate it, but it's not their success. And my thing is I want you to have success. And so posting percentages of what we did together is highly, highly suggested for anybody in Eylu. And that's what we do. That's how we stay low and keep firing. So some people are going to say, you know what, Troy, man, you. You had fortune on your side, right? April was a pullback and you took advantage of that. And you're right, I did. But that's not the only time we've done this before. We're not new to this. So let's talk about what we've been doing. All right? So, yeah, take a moment. Take a moment. Take a moment. Yeah, I still don't got it. I don't got it. Yo. I don't got it. I'm just a guy that is staying low and I'm firing. But here are some of the results. We're not gonna run from them. And a lot of these calls were put inside of Eylu. So if you're in the chat, if you're in the community, you're seeing these calls, and you've been with me on most of these calls. And so that Nvidia December 19, 2025 call that wasn't always 900, but we've been patient with it. We stayed low, we fired, we executed at a nice price. We're gonna do something interesting with that. I want y' all to circle that number because I'm going to show you something very interesting that we're going to do with that number. But, yeah, this one potentially is going to hit a thousand percent, which is always a milestone for me. I love when we can get to thousand percent gains because, you know, it's just something that's really cool. But this isn't just for me, right? These calls have been put inside of the university, like I said. In fact, if you look on the left hand side, you can see September 3, 2024. Hey, earners, here's my Broadcom case. And so people who entered in, in 2024, in September, these are not just my gains. These are your gains as well. And so you can see a 400, 406 gain in our December 25th call. You can see a 307 gain in our January 26th call. And even that crowdstrike call, that crowd strike call was actually part of our July class in 2024. So we've been patient with these calls. We've put them out pretty far, and they still have room to grow, right? Like, we still have six months before we have to exercise that, that Broadcom call. We got almost 12 months before that crowd strike call is going to expire. Obviously, we've taken profit here. Anytime we get to 100, we'd like to get our initial money back. And so these are running, but we can keep going. We. We don't gotta stop. We don't. Yeah, we really don't gotta stop. We can keep doing this thing, right? So check us out here. We got Visa, we got Broadcom again, we got Nvidia. You should be noticing a pattern. But look, Visa, we've been talking about that since last June. In fact, that was in our June class. But look, we put it in October again. October 29, 2024. Look at what visa was at. We were up 3%. 3%. This isn't like we didn't know this was happening. This wasn't like, hey, we kept this a secret. We've been putting the calls up. People have been inside the community, they've been executing, and these are the results. And so we got another couple triple digits here. Now, the metal one you're looking at here is not a call because that is the shares. And so I have about 500 of shares of Meta inside this brokerage. And so those shares are up 147. Nothing to sneeze at. We're proud of that. We're gonna let that thing keep growing, but we can keep going. Let's do it. Let's keep going. We're not done yet. Yeah, we're gonna keep going because we've been talking about this for a while, right? Look at these calls. Now, we're not sneezing at 44 from Lily, right? We're not sneezing at Bishop. We've been in that call since January. Tsm, obviously. I know I talk about that all the time. It's one of my favorites. I'm putting it in my top five every year. We're not sneezing at that. CLS Celestica. Now, most people haven't heard about Celestica, but if you were in our mastermind, Shout out to my brother Ian Dunlap. Shout out to Shoddy. During our Mastermind, we did a. I did a whole hour and 45 minute presentation on the future of AI and energy and infrastructure. And CLS Alessica was one of those calls. Visa was part of that. And so that was in January. And those calls again, out to 26, still have time to grow. And we're doing pretty well. On them. And Microsoft, obviously, you know, anytime we can have a Microsoft call, we've been pretty, pretty fortunate to be witness to one of the greatest companies in the history of the world. Obviously, their partnership with OpenAI and everything they're doing in AI space, Microsoft isn't going anywhere. And so anytime we can get calls that make sense, we're going to do them. Shall we keep going? Because we could. All right, let's keep going. Let's keep going. All right. So again, we're sharing all the information. In fact, asml, if you looked on the last slide, was part of our, our, our calls. And ASML has a big week ahead. Like I said, they have their earnings report on Wednesday, so we'll see how that will go for them. But it's important to follow these companies because they play a major role in the, the AI economy. Obviously the role they play in the machinery that's going to produce the chips that TSM going to manufacture. Manufacturing is important because Nvidia does not make their chips they sent to TSM to manufacture. And so what Broadcoms is. So it's a complete, complete cycle that has to happen. And ASML plays a inaugural role in that. So we got to watch that. Now this call is down 6%. That's okay. That's okay. We're gonna be patient with that one. But if we don't see something after earnings here this week, we might have to make a decision on it because our time is running out. This is going to expire in September of 25, so we're going to be mindful of that. And then we got Micron. We've been talking about that for a while. We got a new AMD up call up there. Super Micro. Okay. You can circle it. Ernest. Don't be mad at me. I'm letting them see it. Y' all should circle it. We got a 50 call here for January of 27. Again, mind you, we're in 2025. So you're starting to see that pattern of how far we're going out with these leaps, how patient we've been with them. And then we have Uber. Uber is a new position. And so that we actually did last week, we had an entire case on why we thought Uber, and we spoke about it on market Mondays. But I want to pull back the layers on that so we can show you how we're coming to these conclusions and how much detail go into some of this decisions we're making. So that Uber call is out till 2027. That's nearly three years away. Right? That's only January of 2028 at 92. And I think Uber's already at 96. So we're going to give it some time. But why are we doing it? Well, why Uber? Well, there's a couple of reasons and this is how we break down from an analytical standpoint, right? There's technical analysis and then it's fundamental analysis. Right now we're going to go into the fundamentals because we want to see from a business standpoint point what separates them and what. Why are they a great opportunity. So this is the call again. We're going to keep reiterating it. You can write that down, you can circle it, you can go into your brokerage account tomorrow and say, all right, I'm going to put this on my watch list. Well, here's why I liked it. And I think a lot of people in Eyl, you liked it as well. All right, so Uber is finally profitable. We talked about this as a ride sharing company when it initially IPO in 21, but it's turned into something so much more. And when it started it wasn't profitable, people, but it recently has been. Right. So they've increased demand for ride sharing and delivery services. Obviously Uber Eats is a huge, huge revenue generator for them and they've done cost cutting measures potentially, and they've shifted their growth at all costs to a sustainable profitability model. Right. They want to make sure that they're making money all the time. They debt was something that they were accumulating over the first three years of business. Obviously that didn't work for them. They had to make some adjustments and they have. They've done a nice job. Huge congrats to Dar and the entire team at Uber for making those adjustments. All right, so Uber's revenue has consistently grown, but the company also implemented cost saving strategies, including job cuts and expanding advertising on its platform. So they've done a nice job on that, which wasn't always the case inside of the Uber's apps. But you've also seen them starting to advertise a little bit more on linear television and also on streaming services as well. So they're getting this thing right. They've adjusted and the adjustment is paid off. Why else do we like Uber? Oh, two words, autonomous vehicles. Yes, that is right. Autonomous driving will be a game changer. Like it or not, this is going to fundamentally transform the transportation economy. Right. This is going to disrupt everything. Now when we talk about Uber, we always think about who makes money in business. And if you know, business, you know, it's the middleman, right? And so we always use Amazon as the example. Amazon doesn't make a product, but what they do is make sure that products can make it to you, right? So you have the person that creates the product, you have the person that needs the product, and you have the middle person that delivers, picks, ups and ships to you, right? So that middleman is Amazon. In this case, Uber is just that, right? Uber doesn't own a car, right? Uber doesn't need the ride, right? They're not the person and they're not the vehicle. They're not a automobile company. They are a service that provides ride sharing and services to people to get to and from places. And so when you think about that, they don't have to make a vehicle, right? Which is high cost and the margins. And we can tell from some of the automotive industry companies that we know, right, they're not making as much as a profit as they like. In fact, some of them are. They're going to be in for a rude awakening here in the future when autonomous comes to scale. But they have a role in this ecosystem where they are not just doing ride sharing, they're actually creating a technological platform that more people are going to be able to use. All right, so here is the competitive moat. Why do we like Uber so much? Well, a couple of things. Uber has already has a massive global network of riders and infrastructure. They built that out. So if you think of the number two in the space is probably Lyft, which is cool, but Lyft and Uber are completely different in terms of business structure. In fact, Uber is almost becoming synonymous with ride sharing services, right? It's almost like when we think of adhesive bandages, we think band aid. When we think of ride sharing, we think of Uber. They already have, right present day, over 200 million monthly active users. That's a lot. That's a lot. And that's only going to grow when you talk about international opportunity, when you're talking about business opportunity, and now when you talk about, about potential autonomous driving, right? Uber also has a vast amount of real traffic routes, logistical algorithms, driver rider matching and payment systems, a demand data and customer support. So they have all the infrastructure ready for this monumental shift that could potentially be happening in the automotive space now. Why does that make sense? Well, partnerships are important, right? If they don't make vehicles, they need to align themselves with companies that do. And there is a company that does have autonomous vehicles and the name is Waymo. That's right. We talked about this a few weeks ago, Uber has already partnered with Waymo. In fact, if you're in Austin, Texas, if you're in Atlanta, Georgia, and we actually saw this on the road in Atlanta, I think shot. He posted it in one of his stories. There was autonomous vehicle that was driving. But why does that make sense for Uber? Well, like I said, if you look at their revenue model and their expense sheet, right. The majority of their expenses goes out to one key category in their business model and that is the driver. Well, if I remove the driver from the balance sheet temporarily, right. If I remove it, hypothetically, my revenue is going to go up because I no longer have to pay for the driver. I no longer have to pay for his insurance. Right. And so now you start seeing ways of increasing revenue by switching from a service that you had to a service that is going to potentially disrupt the way of the future for your space. And so Waymo is a key partnership. Like I said, Atlanta has already implemented it. Texas, Austin, Texas has it. New York is applying for application to see how Waymo moves in its jurisdiction. And, and Philadelphia is next up. And so when we take all these things into account, you can see why two to three years out, I'm looking at Uber as something that has potential growth. On the upside, a lot of positives. Now we can talk about Tesla. Yeah, Tesla makes a vehicle, so that's going to be a cost expense in Tesla. Let's go back to that last slide. Tesla doesn't have this last key piece down here, right. They don't have the logistical algorithms, they don't have driver ready matching. Now, there is a button inside of the new Tesla models that can shift that. But what Uber does have is trust. Right. I used to talk about to my peers and I'm saying, hey, can you imagine the time when you were younger where you would get in the car with a stranger and you would tell them to take you somewhere and that would be okay. Your parents would trust that. And Uber has just gradually done that for us. Right. We're liable to put our young teens and sometimes our young school age children in Ubers to get to and from places. So they've built up a trust. Tesla is going to have to, it's going to take time for them to do that. The fastest way for them to do that is potentially partner with a company like Uber, such as what Waymo has done. And that could be a game changer as well. So Uber is something that we like and again, we are in this 2027 call and that's already passed the strike price. Right. So Uber is sitting at about 96. We've already passed strike price. So that means technically we are in the money. All right, so what's the game plan? How are we coming up with these things? Well, here's your game plan. Stick to the script. Take a picture of this. Write this down. Put this on your whiteboard. Put this on your chalkboard. Put this in your car. Put this on post it notes somewhere. Right? These are the things you ask yourself before before you enter options position. Right. Number one, has stock price fallen? Please always look at that because that means that there's room for growth to the upside. So it has a stock price falling. Have the call and option price fallen. That's important too, right. When we're looking at the charts and Thursday we're going to go over that in detail so you can see what that looks like. We're always looking for depreciating assets, right? The bid and the ass are important and we want to make sure that they are depreciating because we can catch it at a time. That's great for us because the positive upside for sure companies are highly likely now. Are we going to use time as a strategy? A hundred percent. If you looked at most of those calls, they're out to 26. So they're out to 27. In fact, by the end of this year, majority of the calls in the portfolio will be into 27. Right. That's how we're going to reset this thing. The 2025 calls that y' all saw earlier, those were purchased probably in 2023 or if not late 2022. And that's how we're doing. We're rinse and repeating. All right, so what are the calculations? Want to make sure that the stock depreciation threshold is 20 to 30%. That's just for the stop. We want to make sure that option depreciation threshold threshold is 30 to 40%. So again, depreciating assets from strong companies, catalyst events can start that we like when those things happen. And then this is important. Make sure you keep reserves because there's going to be opportunities that are going to present themselves throughout the year and definitely throughout the summer. Right. The NASDAQ hit an all time high today. It will pull back. The S P hit its all time. It will pull back. These indexes will pull back. We got to make sure that we have reserves in order to maximize on those opportunities. All right, so what are we looking for? This is interesting, right? Because I didn't even this is actually from my April class. The same thing has happened in this week. Right. We're looking for Catalyst Events. So what's the Catalyst event? Our earnings report. We know TSM is going to report on Thursday. ASML is going to report on Wednesday. Netflix is going to report tomorrow. Those are Catalyst events. We're going to see movement either to the positive side or negative side. Really? Do we see stocks stay still? Right, because they're going to talk about future guidance. We're going to allude to some of the things that Netflix is looking at. Are they facing this quarter? We talked about live events being part of their strategy. We talked about how they're going to be moving into the sports field. I know they got the big fight in September. So you're starting to see Netflix move into a way where it's becoming clear that they are the dominant streaming service in the sector and that that's going to continue. All right, so the next thing is product announcements and we're going to be on the lookout for those things. Let us show you changes, tariffs, that's still affecting us. And we'll, we'll see what happens on August, August 1st. And then laws and mergers, lawsuits, mergers and acquisitions. And obviously we talked about intel and all their troubles. We'll see. Last time we were speaking, it was tsm. It could be amd. But these are things that can move sector. These are things that can move in equity. And so this Thursday, here's what we're going to do. This Thursday, pull up on us, seven o'. Clock. Not only are we going to go into details, when I'm giving away our next three calls, our next three positions are going to be revealed this Thursday. I'm excited about it. We've already seen what growth looks like in this space. The only thing that's missing is y'. All. So make sure y' all pull up this Thursday at 7pm we're going to make some money. We're going to change our lives. We're going to change our community. We're going to change our portfolios. Stay low, keep firing. Let's get back to our regularly scheduled program, Love is Love, y'. All.

[Rashad Bilal]

Okay, Options presentation completed.

[Ian Dunlap]

Every now and then. Every now and then, you got to remind people just how this thing could really go with time on your side, with the right formula. And when we say stay low and keep firing, we really mean that. Like, we're going to stay low. We're going to execute at a high level, and we're going to execute with position. So sometimes you just gotta remind people.

[Rashad Bilal]

That'S all vitally important. And I would say if you took any of those options, because we have the options class for Ebol University. So if you take any of those options, like especially like around that April, you're probably up in your positions because everything went up.

[Ian Dunlap]

So not even probably.

[Rashad Bilal]

Timing is very important.

[Troy Millings]

Yep.

[Rashad Bilal]

Yeah, timing is very important. What option, what's the biggest lesson that you've learned from an option call in the last year?

[Ian Dunlap]

Oh man. It's always time. And it's one of those leading factors that we talk about that we can't replicate. Right. And we have no say in that. Right. So if we're in a position, I'm always looking at how far can we go out in terms of our duration, right. So where my strike is plus where my expiration date is, is always going to work in an expedited fashion, right. So I'm saying to myself, if I'm looking at the depreciation at 20 for the, the actual stock, if I'm looking at 40 for the actual option call, how far can I go out to watch that appreciation? So a couple of examples that we showed in April, look at the payoff now.

[Troy Millings]

Home run, yo.

[Ian Dunlap]

Trust me. Listen, we're not done though. We got a few more, especially in the summer months and how tech is moving right now. This is a big start of the, the second quarter earnings. We're going to start seeing some, some of the reports. This is a good time. This is a good time, y'.

[Troy Millings]

All.

[Rashad Bilal]

So if you're not, if you're just new to this program we have, when I say we Eyl University. So EY University is our community offline. Troy does monthly options classes, options community of sorts. And we have an app called EY University App in the app stores for all people that's in EY University and they discuss option trades and stuff all day. So he teaches his class once a month and he goes over all of his theories, what he's looking at and then he actually even goes over like the different calls that he's looking at price points and all that stuff. Like it's literally probably the easiest option community that you can ever be involved in long term leaps. So that's more safe than actually it's not like day trading. So. All right, the point of options is that you can accelerate your portfolio with more leverage than your long term. You have to maintain, you have to maintain the majority of your portfolio in long term buying holes. But if you want to allocate a percentage of it to option trading, then that could potentially give you more leverage. So what I mean by more leverage is like, okay, if a stock goes up from 50 to 100, then that's a hundred percent gain. Right. But in the options world that can be a thousand percent rate of return. So you have more leverage. Obviously you're going to be able to make more money if things go right with shorter amounts of money. That's why you put smaller amounts in on your portfolio. That's a responsible thing to do. But you can still make the same amount potentially than if you would have had it in a long term. But you got to sometimes couple it with the long term, have it both.

[Ian Dunlap]

Yeah.

[Rashad Bilal]

So all that's being said, if you're interested in learning about options and you're interesting about growing your portfolio even quicker than it currently is, options is a great way to do that. Troy is teaching his next options class this Thursday.

[Ian Dunlap]

Thursday, yep.

[Rashad Bilal]

At 7 o'. Clock.

[Ian Dunlap]

7 o'.

[Rashad Bilal]

Clock. At 7 o'. Clock, yeah. And this is the last time we're going to do this for this year. We're doing an EYL university sale and we're doing it for 24 hours. One day it's market Mondays, cold market Mondays. You can go to eyluniversity.com Enter code Market Mondays at checkout. 50 off, 50% off.

[Ian Dunlap]

Production meeting.

[Rashad Bilal]

50% off, 24 hours. You are added to EY University. You get the home buyers blueprint, you get the monthly calls, you get. I actually teach a class also about different business strategies. You get added to the communities. We have regional groups, we have crypto classes, we have everything. But for this conversation, for the sake of this conversation, you will be part of the options community. The next class is on Thursday. It's literally as easy as it could possibly be. I don't know how else more easy it can actually be made for you. Gives you the whole blueprint and actually the trades in real time. Also it's up to you to if you want to take part in it or not. So yeah. EY University. Eyluniversity.com into code market Mondays at checkout. 24 hours, 50 off sale.

[Ian Dunlap]

Yeah.

[Troy Millings]

Remember in 2023 when we all got on a call and oh boy said the, the option call was too expensive and it went up 3,000%?

[Ian Dunlap]

Yeah. We're not gonna forget that call. That was actually an Nvidia call which at the time was at $174. This is pre split. It went up to, I think we had a 205 call. We were doing a class and he's like, yeah, that's an expensive call. And that call, like you said, went up 3,000%. But to what Shoddy was saying, we turned an option call into a long term hold. Right. So it went up so much, the value increase, that we actually exercised that contract, got 2,000 shares and now those shares have grown. Right. So at the time it was 207. We were split. Which cuts it down to 20. Yeah. Or two. 200. $220.70. That is now going up to six, $168. Right. So that all that equity on the way is now a long term hold. So we're gonna go over that. Plus I'm going to give our next three plays. I'm gonna do that Thursday. So y' all know how this works. If you've been in EY University, we're going to break it down to a granule state where you're going to figure out why I'm looking at this position. What are the determining factors? What does the future look like for them in terms of innovation, who is in their space and the pros and cons. And we strike with precision, man. And so y' all saw the results already. So if y' all want to join that, make sure y' all this Thursday at 7. We're going crazy.

[Rashad Bilal]

Okay.

[Troy Millings]

You couldn't enjoy the soccer match yesterday. Damn.

[Ian Dunlap]

You're not a soccer fan though. Part of it, yeah. He's not a soccer fan. Yeah, but that is true. I got a DM about that. They were like, yo, y' all love soccer. I'm like, I like it, I watch it. But part of it was like, how did they get those LEDs in the rafters up there? Like they put the stage in the upper deck with 60 foot LEDs. I wonder how many seats they had to take out to do it.

[Troy Millings]

I was gonna text y' all when I saw the boy floating around, but I security.

[Ian Dunlap]

Yeah, it was.

[Troy Millings]

Stage breakdown.

[Ian Dunlap]

You know, I get into ceiling requirements for that.

[Troy Millings]

Low levitation devices. So it would be fire drop money over the crowd.

[Ian Dunlap]

What the new make it ring for real.

[Rashad Bilal]

That's a fact.

[Troy Millings]

Okay.

[Rashad Bilal]

We'Re going to talk about bitcoin, but before we do that, let's talk about Nvidia.

[Ian Dunlap]

Sure, let's do it.

[Rashad Bilal]

Okay. Four trillion dollar valuation.

[Troy Millings]

Amazing.

[Rashad Bilal]

What is the long term outlook as far as Nvidia is concerned?

[Troy Millings]

Before we do that, can we give me a round of applause? I told you last year, bright on investment stage. Didn't I one of the greatest companies in the history of publicly traded markets. I think for the next five or six years they are the most important and they are the catalyst for this AI trade. They were probably grandfather in agentic and quantum computing on some level. And we have to give them credit. At a time when it was sexy to build social media apps and delivery apps and there was a lot of copycat building in Silicon Valley, they focused on what really mattered and built the AI infrastructure for America to give us a lead. At the time when Apple like I probably not a fair comparison but like Apple was David Robinson. They came in being Tim Duncan at the time that was needed most to deliver the chip when America needed it. It's not talked about how they are saved. They saved our stock market but long term pricing by end of the year I have them going to 189 flat within 12 to 18 months. I have it at 292.90. You got to give Jensen a lot of credit for just once again being paranoid, keeping his head down, looking to opposed to a 12 month cycle like you said, looking to improve on a two to three month cycle. And championship culture is important. Right. When we went there there was no fraternizing. That's the one thing I took away. I've been to a few corporations usually some of them have a nice little lounge area or fagan, some cafeteria. Everyone there was working on a mission on a purpose. And I think they built a great culture that I think the world gets to see at a larger scale. But and also too in the era where bitcoin is just tearing down gain returns. They're the only company where you can say well I can invest in this equity if I'm not invested in Bitcoin to get a similar return. The gap between bitcoin and indexes is like there's no comparison now light years ahead. So just an amazing company and they are what I wish Apple would be.

[Ian Dunlap]

Yeah, they have completely. We used to say Apple fights for us. Like me, my brother have this Apple fights for us. And it was because how dominant Apple was and we saw the potential growth for them. Nvidia has surpassed that. And I would say for definitely our Market Mondays audience during the time we've done this show. It's the most important company. It's changed more people's financial situation than any other company that we have talked about. Yep. And here's the good news. They're not done.

[Troy Millings]

They're not done. Nowhere near.

[Ian Dunlap]

This is. This is setting up for four to five year run before there's even anybody near it. So you're talking about another four years where that stock price is going to continue to appreciate. Right. Will there be some setbacks? Yeah, and there'll be a lot of things that'll determine some of those setbacks. The functionality of some of the data centers and how AI is being used and implemented. But when we talk to people in AI, and I know we talk about OpenAI all the time, there are about 20 other applications and platforms that are relying on these GPUs for sure. And that says a lot from the small scale, from the large scale. When you talk about enterprise, you name the company in the top 10 that doesn't use Nvidia or is partnering with Nvidia, whether it's Microsoft, whether it's Broadcom, obviously TSM as a partner. Meta has already talked about their allocation of how many GPUs they're. They're trying to get last year. You're not going to be able to lead or even compete in the space without them. And that's not, that's not going to change. And so this fortrain is the first mark. I wouldn't be surprised if they get to five, six in the next two or three years. Like it's not. And that sounds crazy because it's a trillion dollars. Yeah, right. Like we just, in our lifetime we saw the first trillion dollar company. We're talking about a company that potentially could add an additional trillion dollars in the next two to three years. We've never seen anything like it.

[Troy Millings]

5 year price 416.84 whole. For the long term, if I made you money, please put yes in chat. I need a lot of y' all to stop copying and saying that the Nvidia trade was yours too. Respectful because I can hear because. But I heard y' all say that.

[Ian Dunlap]

I was like when you said. Wait, say that number again.

[Troy Millings]

416 84.

[Ian Dunlap]

I'm just trying to calculate where that would put them at. That put. That would probably put them over 6 trillion.

[Troy Millings]

I can divide one every two until two of them should do. The Intel Pentium processor though. When we were growing up.

[Ian Dunlap]

What?

[Troy Millings]

Oh, breaks my heart.

[Ian Dunlap]

Means nothing.

[Troy Millings]

Gateway, Compact, intel, what's the biggest? Never mind.

[Rashad Bilal]

Do remember.

[Ian Dunlap]

Yeah. Remember Comp usa.

[Rashad Bilal]

Do remember.

[Troy Millings]

I do.

[Ian Dunlap]

Goodbye.

[Rashad Bilal]

Okay, let's talk about Bitcoin before we start some invest fest announcements. First and foremost, if you've chrono cooled my journey when I went to China, you know, obviously that was something that was of great interest. So by Popular demand. We have put together the China panel. We will talk about sourcing, getting all of this stuff for your home and actually even more because. So, okay, I'm bringing the team. My interior designer.

[Troy Millings]

Are you really what?

[Rashad Bilal]

My interior designer who went with me out there, her name is Nephi. Shout out to her. She just opened the store in Philadelphia. She's coming. Blair, who's actually my connect on the ground out there, she lives in China. She will be traveling 20 hours from China to Atlanta to speak at Invest Fest. Firsthand information. You know, she went out there originally for clothes and then she got into the housing sourcing house. So she's well versed in not just housing, but clothes, hair, nails, whatever you can think of. So we're gonna, we're gonna have the. The China play will be broken down in full detail at Invest Fest. Ladies and gentlemen, you've asked for it, you've received it. I could have easily put this in an ebook or for sure sorts. But you know what? Sometimes in life you just got to over deliver. And this is extra programming. We're probably going to put this during lunch break. So this is an extra added bonus. The schedule is already filled, jam packed. Put it during lunch break. Whoever wants to come, you can come. And then also the last thing I'll say about Invest Fest is that vip, we ain't forget you guys. So we do something this year that we have never done before. After Invest Fest, like a month or so after, we're going to be doing a live webinar Q A with five speakers from Invest Fest that the whole thing is just answering questions. Are we going to do real estate? We're going to do investing, we're going to do crypto and we're going to do AI.

[Ian Dunlap]

Yep.

[Rashad Bilal]

So you signed up, I'm here. Ian Dunlap is in. So people, I told you. And we got some more. Yeah, that's gonna be. There's literally. It's no. It's only like ask the question. Just here. We got an hour. Sound off. Ask, ask your question.

[Troy Millings]

Whatever you want to know.

[Rashad Bilal]

Yeah, whatever you want to know.

[Ian Dunlap]

You heard on stage. You got a question about that?

[Troy Millings]

Yeah, time to ask the follow up. After.

[Rashad Bilal]

Yeah, after.

[Ian Dunlap]

Yeah. So the re. It's called the reunion.

[Rashad Bilal]

Yep, yep. So yeah. So that's incredible, man. Value add is extremely important and you know to see what essence is going through is. Is disheartening.

[Ian Dunlap]

Yeah.

[Troy Millings]

But it's also blackout or maybe.

[Rashad Bilal]

Yeah. It's also a learning experience. So you gotta make sure that you add as Much value as possible. So, man, this year it's just a matter of just saying, like, yo, whatever you pay, we want to give you at least quadruple.

[Troy Millings]

Yeah, the value.

[Rashad Bilal]

The value.

[Ian Dunlap]

There's some more trees too. We're not done. We got a few more things.

[Rashad Bilal]

Get your tickets. Get your tickets. Invest fest.com if you're in Red Panda Tech check. Telegram.

[Ian Dunlap]

Yes.

[Rashad Bilal]

Use the code April. I mean, August 22nd. It's gonna be here before you know it.

[Ian Dunlap]

Yeah, we right.

[Rashad Bilal]

Six weeks away.

[Ian Dunlap]

We right there.

[Rashad Bilal]

Final stretch.

[Ian Dunlap]

What else can we do that's never been done?

[Troy Millings]

Can I do my ATV or four wheeler this year or no.

[Ian Dunlap]

Top 10 list of things that we haven't done.

[Rashad Bilal]

That's a fact. That is a fact, though. So. All right. So. Yeah, so make sure y'. All. Y' all get your tickets to Invest Fest Atlanta. Can't wait to see everybody. Magic Johnson is off his world tour. He gonna be. If you've been following Magic. You follow Magic. You follow him.

[Ian Dunlap]

Yeah, absolutely.

[Rashad Bilal]

All he's doing right now is just taking pictures in like, Portofini, Italy. And yeah, he's Greece. Him and his wife and like, he.

[Ian Dunlap]

That's a blueprint every. Every summer. It's a him and close friends. Cookie's there, but LL's there every year. Samuel Jackson's. Every. Every year they sent a blueprint. That should be stuff.

[Troy Millings]

I didn't do that for my birthday, yo. That was my original plan. Next year, though, we're going.

[Rashad Bilal]

He wanted three months.

[Ian Dunlap]

Oh, yeah, man.

[Rashad Bilal]

Three month. And he's literally coming back to. For Atlanta.

[Troy Millings]

Yep.

[Ian Dunlap]

Literally nothing gets interrupted during that time, bro.

[Rashad Bilal]

He's literally coming back for Atlanta. He's ending his three month vacation to come back for Invest Fest.

[Ian Dunlap]

Different. Different. If you want to visit, you got to get the helicopter to land on the. On the yacht.

[Rashad Bilal]

Three month vacay. A three month vacant where it should be. That's a fact.

[Ian Dunlap]

I'll be on the wall.

[Rashad Bilal]

Yep, that's a fact. All right, let's talk about. The moment that we've all came here for is crypto week.

[Ian Dunlap]

Yeah.

[Rashad Bilal]

Legislation will be passed, probably most likely. And in anticipation of that, we saw some historical moments. Bitcoin crossed over 120,000 for the first time ever. XRP.

[Troy Millings]

Oh, got it.

[Rashad Bilal]

Brushing up against $3. Ethereum crossed over 3,000. So there's been a lot of good times that people are expecting in the. In the crypto space. So. Okay, once again, since we're saying these things, I did pick bitcoin and microstrategy. As my choice of the year. Of the year.

[Troy Millings]

You sure did.

[Rashad Bilal]

We're going to talk about xrp, but first we want to talk about the. You want to talk about altcoins first or bitcoin first or the legislation first?

[Ian Dunlap]

I think it may be legislation.

[Troy Millings]

Yes, legislation.

[Ian Dunlap]

I think that the build up and this, this run that we've seen is due to the anticipation that legislation is going to be passed. We talked about the Genius act which was headed to Congress. We talked about July 22, which is just about a week away. More legislation in terms of bitcoin and cryptocurrency being an actual asset class. So we're here, man. And you got everything lined up for something that could be historic. When you're talking about a crypto friendly administration, a crypto czar and him wanting to get things done that will be historic. This will be the first time that that could happen. And so that build up from a legislation standpoint has led to some of this anticipation and why we're kind of seeing bitcoin going on this, this historical run. And it's not something that we didn't know. We've been saying it every week. It feels like here, circle this date on your calendar. I remember it was May 8th. Let's circle this date even back to the election. Circle this date if he wins. Right. He's crypto friendly. And so we said that the 22nd would be a day and now we're seeing that run up into the 22nd. So should be interesting.

[Troy Millings]

Even before that. One of the biggest lessons that we have to remember is asymmetric risk to reward. No. And I'll talk about this in my presentation at Invest Fest. But knowing when something is a generational buy 155, 46 is where we should land by January or February once all the institutions got involved. BlackRock hat currently has what, $90 billion in that ETF? We have to have a serious conversation about what our index funds going to do to. I stated Last week the 6040 is dead. The desire for 7 to 15 is over with. It's over with. Like everyone who's pitching that safety route. It's hard to pitch that when bitcoin now is averaging 83 year over year returns. No one wants to. And the truth is if a lot of the people in the industry didn't gatekeep high returns, there wouldn't be a platform for this to happen. The desire came from like you mean to tell me you put cables underneath the ocean to then drive data to Wall street in the 70s and 80s, and the only thing that the average investor could get is 7 to 12%. The jig's been up. Bitcoin was just the. The platform to kind of expose that. And now index funds, if they don't move fast enough, could get replaced as a beacon of safety while the bond market is still in shambles. So. Yeah. But great return. Amazing return. Hell of a return since 20,000. Let's clap it up for me. So even before we got to the legislation part.

[Ian Dunlap]

Yeah.

[Troy Millings]

Certain things were generational bias. And it goes back to my biggest lesson of just holding the assets that you love for 10 years, even those you're an XRP army. Leave Rashad alone. 901. Stop. Come on. Leave my dog alone.

[Rashad Bilal]

Well, we're gonna talk about it. I mean, so. All right. So just for full clarity crypto week, A lot of people been hearing about crypto week. So that's this week, July 14th to the 18th. And it's, it's. It was declared crypto week by House representative. House, U.S. house representatives, because they're trying to fast track three major crypto bills. So the first bill is the genius act.

[Ian Dunlap]

Yep.

[Rashad Bilal]

So that's guiding and establishing national innovation for u. S. Stable coins. The second one is the clarity act. Digital asset market clarity act. And the third one is anti CBDC surveillance state act. So there's three acts that's actually trying to get fast tracked through congress this week. That's why they called it crypto week. So in full transparency. Okay. When in the last year when we talk about like, you know, I thought that that was gonna be the choice of the year. I. I did, I did put a substantial amount into the bitcoin. And then I did liquidate some index funds to allocate to bitcoin. Okay. I am, on you, a holder of solana ethereum. And I am a holder of xrp for full transparency. I've had XRP for five years now. I just don't think that it should be your primary focus.

[Troy Millings]

But.

[Rashad Bilal]

You gotta have some exposure. Anything can happen. Anything can happen.

[Troy Millings]

The name of the game is on every asset. If not, if you don't take anything else away from what I tell you. Own every. The Magic Johnson. I know, Lakers, Dodgers, them. Other companies. Oh, boy. Own every asset.

[Ian Dunlap]

There's no. This is not a love hate thing. This is a potential gang thing.

[Rashad Bilal]

But bitcoin, I think is definitely the. The way to go in crypto. Every. Everything else to be determined. But bitcoin, it's unstoppable. It's Unstoppable. No, there's no. There's no stopping Bitcoin.

[Troy Millings]

Nope. Especially with the centralization and legislation behind it. Y' all kill me for that. Four years ago, I told you once BlackRock and Vanguard and Fesco got involved, it was game. I don't want to hear the central decentral. It's not decentralized anymore. I do want an apology for that too. While I can hear clearly.

[Rashad Bilal]

And there's the big. It's the bitcoin ecosystem. So the ETF, the IBIT. IBIT MicroStrategy Coinbase block, which Jack will.

[Troy Millings]

Be at Invest Fest for sure.

[Rashad Bilal]

So there's the ecosystem of just bitcoin, not even just crypto, but just bitcoin. Right. Especially MicroStrategy. Ibit, that's directly. I mean, Ibit obviously is an ETF that tracks Bitcoin. So that's, that's 100. And then MicroStrategy buys Bitcoin. And I even saw Tom Lee, he gave an interesting perspective that, you know, eventually the US government's gonna have to start buying at some point Bitcoin from.

[Troy Millings]

MicroStrategy, which will be an interesting B2G play. But from a national security standpoint, for the stability of the country, given how much debt we have, it will behoove us to do so before other countries start to do it at scale for sure. Even grayscale. Grayscale. It has not moved as well as other ETFs. But GBTC went from what, 60 last year, said 94 now. So yeah, if I was Vanguard, I would be actively figuring out a way how to get a bump in return value before. Because people don't trust banks or institutions how they used to maybe 40 years prior. And given the cost of inflation, it's like, well, if all these amazing returns have been intact, why have we been getting 0.001% on our banking and checking accounts?

[Ian Dunlap]

And what makes no sense.

[Troy Millings]

It's like, what?

[Ian Dunlap]

Yeah, we just spoke about the greatest company in the lifetime of Market Mondays with being Nvidia. Right? And we watched Bitcoin. I remember bitcoin when it was in its hundreds, but even just during market money being at 17,000 and now being at 122,000, you're talking about the two greatest assets in return of assets history, Right. In a five year spin. So when we talk about it being the greatest time to invest and the greatest time to own assets, this is not theoretical, this is actual factual. Right? We watched an asset in 2021 be $20,000 and currently sit at a hundred and twenty two thousand dollars.

[Rashad Bilal]

I mean even before that, you know.

[Ian Dunlap]

But just the time of the show, since we had the show, the first.

[Rashad Bilal]

Time that I personally put money into bitcoin, it was $5,000.

[Ian Dunlap]

That was November of 17.

[Rashad Bilal]

It was $5,000.

[Troy Millings]

Yeah, yeah.

[Ian Dunlap]

The first time I saw it, it was. The first time I ever saw it, it was three something, $300. And it was.

[Troy Millings]

That's what I say. Back in the day, bitcoin going to 500 was like a big event.

[Rashad Bilal]

Well, the story. So this. But there's a story and I'm gonna tell from this. So the first time I put money into Bitcoin was $5,000. Right. And at that time people were saying 5,000 was ridiculous, but something that's not even real. And then it gets to 10,000, then it got to 20,000. Then it's like, yo, this is, this is the tulip scam of 1909. This is the dumbest thing ever. So it's all perspective. At 5,000 people couldn't understand it. Also at 5,000 people were saying that you were too late. That's what a lot of people, even with me it was like, well, you're late because this has been around for years and people got in at 500. Like you paying $5,000 for something, why would you do that? So it's all relative. It's important to keep that in perspective. There's going to always be arguments about it being too much and that you're too late. Even when I was like, okay, this is going to be the, in my investment choices. Yeah. People like, okay, well it's already $90,000, $85,000. Why are you. What's the upside if you can get 33 rate of return in six months and it's still going to go up like 13.

[Ian Dunlap]

Yeah, exactly the same reasons. We just said that Nvidia has a four to five year run. We could say four to five years. There's no time limit on, on, on, on bitcoin. And right. Like you got to figure like that appreciation. The last bitcoin is going to be mined in. Was it 2042. We're in 2025. That's 17 years away.

[Troy Millings]

And I'll say this, this run would not have happened without the institution and the centralization. 100 and please don't come for me. I've been investing since 2009. I've seen a lot. It does not make me the foremost expert on anything. I have created freedom for myself before I got to talking online. I. Without BlackRock and Vanguard, this run wouldn't.

[Ian Dunlap]

Have happened, which is why you don't see that drastic fall off that we've.

[Troy Millings]

Seen in the past that we used to have. Yeah, or your bitcoin don't get taken like mine did. A Mt. Gox when you were selling Melaleuca coffee. Some of y' all need to stop talking and put up some results. Like Detroit.

[Ian Dunlap]

Right. We saw that 2018 climbed up to 18,000, dropped down to three. Right. We saw it climb up to 40, 40,000, drop down to 20. We saw. We're not. We're not seeing those drastic pullbacks.

[Troy Millings]

No.

[Ian Dunlap]

There's institutional investing, a lot of whales, I think.

[Rashad Bilal]

I mean, we still got some political derailing that could potentially happen. We'll see. But. Okay, so the next thing is gonna be like, well, you. You can't get the 10,000% rate of return that you once got. Probably not, but there's still room for upside growth. And that's what makes Michael's strategy so interesting, because now that's a more risk play that people are taking with leverage. And then you could add options on top of that. Where that was his whole thing to begin with, because before, you couldn't even run option plays on. On like bitcoin ETF at one point. So that was his position even two years ago of like, where leveraged. That's going to give you higher rate of return than traditional Bitcoin, even though it's kind of like tracking Bitcoin. So Bitcoin goes up 20, you could probably get 35% of MicroStrategy, let's just say. But then you can also do options on microstrategy and then turn that into a hundred percent. So there are ways to still. Long story short, addressing. Addressing a question that I know is going to be asked. There are way. There are ways to leverage rates of return to actually even grow even higher while still investing in the bitcoin space. That's up to you to see if your reverse reward ratio and if it's worth it and if you have the risk tolerance and, you know, obviously do your own research and you're responsible for any decision that you make, but there are ways that you can still accelerate your growth and investments. And outside of just putting money inside of Bitcoin and then just buying, holding.

[Ian Dunlap]

It, what are the cons of investing in microstrategy? Well, right, because if. I'm only asking, because in my mind, I'm sure people are thinking that too. Like, hey, if. If Crypto does have a slight pullback, which it probably will. I'm not saying that it'll be a drastic of 50 pullback or 60 like we've seen. They buy it at the current price and if let's say in 2026, which everybody in that, that cycle seems to be a year or has historically been a year where it draws down just a little bit before obviously it starts to appreciate again in that cycle. If they're buying at current prices and for six months it's below the price that they bought at. Now that these to being in the red for a quarter, maybe two to three quarters which accumulates debts. Their, their role was they're not going to sell it. Right. They're just going to keep. Right. They're going to keep amassing it. How should people be looking at it in terms of cons and, and pros and cons? Not a con but a cons. In buying strategy, they do what we preach.

[Rashad Bilal]

Dollar cost average. They buy up, they buy low. He's up.

[Troy Millings]

Yeah. Also too to give context to that on the institutional side, it's harder for certain moves to be made because of regulations and giving it got to give him credit like he's under certain scrutiny. But even this is originally Jack's investment strategy, then Kathy's, now his. You can even see in the matriculation of this bitcoin to balance sheet strategy how the governments are going to kind of try to come in and take it from him. So it's smart for him to buy it. But to answer the question though, hold for 5 like 95 of your problems go away if you buy the top three and hold for five to 10 years. So even let's say if bitcoin returns get cut in half and I'm not a bitcoin maxi, but if they go to 40 return on average, that's still Apple's best performing year on average. Just holding, please put this in chat. Stop talking and hold.

[Ian Dunlap]

Just do that.

[Troy Millings]

How long can you just sit and say, okay, I'm just gonna add to whatever your investment philosophy is. The biggest mistake that Kathy made was rotating and trading the stocks too often. Peace and blessings to her and everybody. Arc love you dearly. Had an amazing conversation with your best fest two years ago. Thank you all for setting it up. Love y' all Dearly put yes and chat if I made you money but hold things for a long period of.

[Rashad Bilal]

Time and the insight we're going to give. I'm. I'm personally going to ask Jack Dorsey some questions directly related to bitcoin. Because I'm interested to know, I want to know, you know, does he think that it has the potential to take over the US dollar? If not, how far does he actually think this can go? I'm about decentralization because it's good to know from somebody that's actually been a pioneer in the space.

[Troy Millings]

Pioneer. Yep.

[Rashad Bilal]

Yeah. So you got to listen to people like even when Mike Novogratz, you know, you got to listen to when people talk that they're doing it are billionaires.

[Ian Dunlap]

And they're doing it.

[Rashad Bilal]

That's one thing I learned. You got to listen to the billionaires.

[Troy Millings]

You do, especially when they're not gatekeeping and give you the advice because people like all that. He doesn't know he made billions in this space.

[Rashad Bilal]

Yeah, nobody becomes a billionaire by accident.

[Ian Dunlap]

Yeah, they're doing it. And it. Their expertise and their, their mindset when it comes to the space. I mean, we're privileged to even share that with the audience. But on a personal level, to, even when they speak to us, when the cameras are not on, just the information that they're given is just different level.

[Rashad Bilal]

Yeah, but bitcoin always pulls back. There's going to be a pullback. There's always a pullback.

[Ian Dunlap]

Right.

[Rashad Bilal]

Some Elizabeth Warren is going to do something, something is going to happen. Yeah, it's gonna, that's, that's what we know. There's going to be a pullback.

[Ian Dunlap]

You know what's different? I feel what's different around this time is like in the past when we saw bitcoin appreciate. We saw people watch it go up and they say, you know what, it's too expensive. Let me go find a bunch of altcoins. And they invest in some shit coin and it's a Ponzi scheme and they lose their money. I feel like the noise around that has calmed down just a bit. I don't know what you guys your take on it is, but I think like people have gotten much smarter when it comes to, hey, we're not just going to find the 34th coin and decide, hey, we don't have enough money for bitcoin, so we'll do that.

[Rashad Bilal]

What's your time frame? Because that boy Trump just ran up 10 billion on that play six months.

[Troy Millings]

But, but most of the 98 of people who invested and they got left holding the bag.

[Rashad Bilal]

Well, that's what I'm saying. People still haven't learned their lesson. But that just happened. That happened recently.

[Ian Dunlap]

The pumping them from. Yeah, from him. Yeah, I'm talking About overall. Right.

[Rashad Bilal]

All these craze.

[Ian Dunlap]

The crazy. That's what I meant. Like, the craze around. It was like, yo, this one, this one, this one, this one.

[Rashad Bilal]

The. The. Yeah, it's not as crazy as it was like 2017, but there's still a lot of coins that people are still.

[Troy Millings]

Yeah.

[Rashad Bilal]

Buying and pumping up.

[Ian Dunlap]

He was a. That was a face. Like, he was a face to that. It was. I mean, I don't know if there ever been an investigation into that, but allegedly there might be. But he was a face behind that. Whereas we knew that was his coin. Whereas some people just investing in is like, oh, wait, it's 0.00 cent. If I put a thousand dollars in there, hopefully that'll turn into, yeah, $10,000. You know, I mean, like, did she. She bits you And. Well, we just say coin, but there's a bunch of them, right? Like, when in 2017. Like, that's part of the story too. It was like when you invested in a bitcoin. And I started studying the space and then found a bunch of altcoins. And I'm like, wait, there's 2,000. And now if you look, it's like 10,000 of them. I'm like, damn. So the intelligence around investing in the space, I think has. Has definitely improved, which is good. Which is a good, good thing also, too.

[Troy Millings]

If you always want to know the best price points of what to get in, you know what you can do, go to Ian invest.com and the Stock Club. If I call 20, 000 when it was at 69 000, please put yes in chat. You can't rewrite history. It was written. I'm not the nas.

[Rashad Bilal]

I remember also, he was in Houston. Shout out to Dave Shands. So when it was like. Because I put on my Instagram story, I said, you gotta like Bitcoin at 85, 000. And then Shan's. He was like, 85. I forgot the exact question that he asked, but he was pretty much saying, like, when is a good time? We like, 88. 85. And then it got a little bit lower. But long story short, if you would have brought Bitcoin at 85,000, because it did get to like 70 something.

[Ian Dunlap]

79.

[Rashad Bilal]

If you would have bought it at 85, 000. Okay, now it's at 120,000.

[Troy Millings]

Look at the return.

[Rashad Bilal]

And that's documented because, like I said, that was actually at the book. You was there. That was in Houston. Yep, in January at the you deserve to be a rich book.

[Ian Dunlap]

Tour.

[Rashad Bilal]

You deserve to be rich. Get your copy.

[Troy Millings]

That's a fact.

[Rashad Bilal]

On all platforms and audible it.

[Ian Dunlap]

It's. It's no different than the guy you tell him to invest in Nvidia at $20 and he tells you it's too expensive to invest it at that point.

[Rashad Bilal]

But a good investment is always a good time to invest in a good investment. Dollar cost average. But you know, and I'm.

[Troy Millings]

Listen to me. That's the biggest return. Listen to me. Listen to me.

[Ian Dunlap]

That was a complete sentence.

[Troy Millings]

Listen to me. Put it in chat. Listen to Ian. I told you I'd invest fast. I told you 20k. I told you Nvidia. No one was talking about Nvidia. At scale like three places to get in stock club calls tonight after this amazing show. If I've made you money, please put yes in chat. Join the stock club.

[Ian Dunlap]

I want that to be the clip. Just listen to me.

[Troy Millings]

Just listen.

[Ian Dunlap]

Period. Easy.

[Troy Millings]

We easily can just charge you 4 and 40 is unacceptable for these returns.

[Ian Dunlap]

Ridiculous. I. I'm glad you said it, man. That's 7% that 12 for the year.

[Troy Millings]

That's over with.

[Ian Dunlap]

It's just not over with. People are just becoming way too educated in the space to even pay somebody a percentage to get them to 7 to 12%.

[Rashad Bilal]

Oh, let's not get crazy here.

[Ian Dunlap]

No, no.

[Rashad Bilal]

It's still good money.

[Ian Dunlap]

It is good money.

[Troy Millings]

It is good.

[Ian Dunlap]

No, we can't say it's not good. Inflation since 2012 is still a good return for the year. But that. That is the goal.

[Troy Millings]

If nothing I can say the bar has been changed. We did it on the show. Most people who listen to the Show they're averaging 35 if not more.

[Ian Dunlap]

That's what I'm saying. If that's the goal. If that. If that's your. Your range 7 to 12, bro. That's.

[Troy Millings]

I've proven that like. And I'm not even talking trading features. Like if you're a bad trading features you can get 1400 return good 4 to 5000% in a year for sure.

[Rashad Bilal]

Investor will be at Invest Fest. Ladies and gentlemen. You know who else will be at Invest Fest? Fidelity.

[Troy Millings]

Fidelity.

[Ian Dunlap]

Shout out to Fidelity Investments.

[Rashad Bilal]

Fidelity Investments.

[Troy Millings]

Great company.

[Rashad Bilal]

Yeah. Take your future serious and great partner as well.

[Ian Dunlap]

They've been. This is their third year. Shout out to them, man.

[Rashad Bilal]

Okay. Okay. So we'll see. We'll mind to crypto week.

[Ian Dunlap]

We got some other tea. We'll talk about that over time. We got some. Some technology. We had a great call last week about something in the Technological space that they want to debut over at an investor. So be on the lookout.

[Rashad Bilal]

Jack Dorsey definitely interested in that conversation for sure. Yes sir.

[Ian Dunlap]

Sure.

[Rashad Bilal]

Okay. How has big tech, how's big tech been doing since Trump administration got open AI, Nvidia, Palantir, Tesla, Apple and Meta.

[Troy Millings]

I think the big three who are clearly winning is open AI, Nvidia and Palantir runaway partnerships. And it goes to something you guys always stress like the power the return on relationships is not often looked at the way return on investment in the market is, but it's one of the highest paying returns that you can have. Like Palantir you can argue was a great company before this administration came in, but the headwinds that were created are unparalleled. Meta as well, who has not done well. Tim Cook has not done the best. Tesla because of destroying a partnership has not done well. Like to win somebody in election and then your stock go down is a historical gaff miss. So I know sometimes this points get belabored but partnerships like what do you think the return on investment has been for open AI and palantir since Trump has been in office? 30x 20x your palantir is crazy.

[Ian Dunlap]

It was at, it was November 6, I think it was 29 something something in that range to see the run that it's been on is just it's.

[Troy Millings]

In and then what does it cost? Eli stock was at 488. December of last year it's at 314 and now all your government money and he could have gotten another probably 20 billion from Starlink just in being cordial. Michael, can you talk to that point about like the return on Capital four and how that's impacted all of our lives? Because I think people, that's underrated. I think people think as business is cutthroat, you go further along by being kind and being polite.

[Rashad Bilal]

Yeah, for sure. Definitely. I mean, you know, if you really look at it like everybody that is not usually burns out like we're the last one standing on a lot of different regards. So it's, it's not by, it's not by coincidence. It's. It's done for a reason. I mean like you got to have integrity, you got to be good person, you got to be, you know, diplomatic, you got to know how to navigate. That's important. Relationships, relationships are worth more than money because you could always get paid money. You can get paid a bag but then that's, that's transactional a relationship. We don't know the value of a relationship. Like, we don't know. Like, for instance, this relationship. Right. This has been beneficial for both of us. But say that we just did something real quick five years ago. We did a stock club sale and we did an episode. And it's just like, that's a transactional situation. But there's no way to project the value add. That could happen for five, 10 years. And intangibles, like, people might. There's certain things that you can't even calculate. Like, Steve Stout said something that was pretty insightful before, where he was like, he managed NAS for free because he was like, there's an intrinsic value that he's going to get from this that NAS will not even never know about. Yeah. For instance, like, his profile to get raised so big from a situation that instead of charging him 10 or 15 of everything, like nickel and domino, like, he's going to be able to make millions by raising his profile. And then Coca Cola is going to come in and say, yo, we want to do a deal. And, like this and Reebok and that whole.

[Troy Millings]

Yeah.

[Rashad Bilal]

There's intent. There's intangible values that you can't even calculate because you don't know on the unknown value of relationships.

[Troy Millings]

Fringe benefits.

[Ian Dunlap]

Yeah, he's not in the rooms that he's in in the early 90s if he's not managing it. Yeah.

[Troy Millings]

Yeah.

[Rashad Bilal]

So, yeah, just be a good person.

[Troy Millings]

And that's the great. And it's so much easier. Like, you have to work hard to be a scumbag.

[Ian Dunlap]

So don't. Don't build your business off critiquing other businesses.

[Troy Millings]

It's not the model that I've chosen. Oh, YouTube. Speaking of which, YouTube said it's over for y'. All. Faceless, voiceless AI.

[Rashad Bilal]

Well, y' all always gonna be losers. And if you ever see me. If you ever see me in this.

[Ian Dunlap]

Here we go. We're back to that.

[Troy Millings]

They won't.

[Rashad Bilal]

Well, they always gonna be losers because the value add of your value composition is boosting somebody else.

[Troy Millings]

Oh, that's the other lesson.

[Rashad Bilal]

That's a Dirty Mac. A lot of these dudes never was able to get girls in high school. They were the guys that was saying, like, why are you with him? But by doing that, by Dirty Mac, and you're only helping the other person. That's what you.

[Ian Dunlap]

Never.

[Troy Millings]

More curious.

[Ian Dunlap]

It all goes back to that.

[Rashad Bilal]

Whenever you criticize it, dude. Whenever you do Dirty Mac. Right? This is a. A derail. Okay. Somebody be like, yo, why you with Ian? Like, and then that's making It's. It's more intriguing. You're raising his value. You're actually raising his value.

[Ian Dunlap]

I could never hate on another bro. So God is great.

[Rashad Bilal]

To high school to. To grown men. And this is. It says a lot about the times that we in where now on social media, you could just. You could build a platform by talking about another person. Imagine that. Imagine how your children. Imagine how your children have to feel about you. Like they watch your content. You're talking about somebody else. That's something that they could be proud about. That's actually. They probably embarrassed that you're even their father. I would be.

[Troy Millings]

And in business, it does the same thing when we get them. I told people personally, when you do that little negative things, the institution and company get to looking more about wire. If you were good, you would just talk about your return.

[Rashad Bilal]

I think nine times out of ten, your girl gonna leave you anyway. And then you're gonna be on shambles, suicide watch, all that.

[Ian Dunlap]

Oh, man, you know what? You know what, guys? This is not in the production meeting.

[Troy Millings]

It's crazy. Like, it happens at different. Hey, baby boy, you supposed to be at training camp. That's why you out the league now. All that little dirty Mac. What?

[Rashad Bilal]

Yo, it always happens like that. The strangest things always happen. And then before you know it, first class flight economy could take you first class.

[Troy Millings]

Focus on your craft, man. Focus on your craft.

[Rashad Bilal]

Because you start losing things when you focus on other men. You start losing your girl.

[Troy Millings]

Keep your eyes on.

[Rashad Bilal]

On the prize.

[Ian Dunlap]

Stay focused.

[Rashad Bilal]

Stay focused.

[Troy Millings]

That's what intel messed up. You got to looking around and got comfortable. And then the chips.

[Ian Dunlap]

Another American company came and took you out. Two of them. Well, about four of them, actually. Four?

[Troy Millings]

We didn't even talk about the international ones.

[Ian Dunlap]

See if you forget that or. Yeah, hey, so they're always going to be losers.

[Troy Millings]

Just from an investment or just return on capital basis. It's one of the lowest paying forms of entertainment that you can do. That's what I tell Mandy this weekend. Stop engaging with people who have not hit the success marks that you've hit. I have to learn it too. Like what Magic say, When I was at this level, I had to deal with this. When you get here, y' all New York Times bestseller. Mandy, I'm gonna hit y' all both of the consoles. Certain people you shouldn't even engage with. For what? Yeah, I saw them CPMs. I said what?

[Ian Dunlap]

Yeah, and then you got to take an assessment of how effective it is, right? Like year after year. If it's if it's not working.

[Troy Millings]

Why.

[Ian Dunlap]

Are you doing it? Yeah, yeah it is only bringing more attention to the other person or other business potentially.

[Troy Millings]

But once again my favorite book quip Take all the criticism that you ever get from anybody put in Google Doc now with chat GPT have them make you an action plan, put it in the table and deployable assets over a three month mark. Blow them out the water for playing me.

[Rashad Bilal]

Y' all shall forever remain nameless. Okay. U. S Equity fund inflows catered crater from 31 billion to 2 billion.

[Ian Dunlap]

Are you.

[Rashad Bilal]

Loading up on beaten down sectors or parking cash until headlines clear.

[Troy Millings]

Long lesson is to hold for 10 years. The thing that I want to help do like you can get trading gains from holding long term if you hold for a long enough period. There's a reason why venture capital and and angel investment there's a five to seven year lockup period for most real estate investors. They know a seven year period is mandatory. Shout out to all my traders. I'm a trader, futures trader been doing that damn near 10 years. My greatest gains have come from holding long term. This it's a great headline but I think it's a trick to scare you out of the market and I think we've done a great job of taking headlines like that and telling you exactly when to invest in. I think ETFs will only become more popular and I think we are actually living through the greatest time Even when you go back to crypto, even with Ethereum and they've underperformed but like to be able just to get a 50 return in a year. If I told you that eight years ago you would have thought I was a scam artist for bitcoin to print like to go from 70 to where it is now in a year and not crater. So I'm looking to invest in the highest quality sectors and are there some of the edges that could have some value like I'm concerned about biotech. Biotech has not moved how it should but I think this is actually the great from in my personal life the greatest period of investing, especially long term I've ever seen.

[Ian Dunlap]

Does that, does that make it. I mean I feel like it's just a unique time we talked about from a percentage game but in terms of retail versus institutional investing sometimes institutional can lead a rally or they could pull the carpet and we can see a rally just get derailed and you know now we're in a downtrend. But over the past five years and kudos to everything that we've done in that space and others as well. But the retail investor has changed the way investment has looked over the past.

[Troy Millings]

Three to four years and has gotten smart. I would argue retail investors of today are almost not at the same level, but a tier below institutional. Maybe 9 years ago.

[Ian Dunlap]

With technology glance.

[Troy Millings]

AI, even if you just look at perplexity, not saying that it's Bloomberg capable, but some of the data that you can take out is in between Y charts and a Bloomberg terminal. Some of the research I'm seeing, people just send. I'm like, where the hell you get this from? They're like, well across even Grok 4. Grock Elon may make a comeback with Grock 4. And if he pairs up with Starlink, just the level of acumen is so much higher than it was even five or six years ago. But definitely 10 years ago. It's different.

[Ian Dunlap]

And that's that. That's another case when we talk about the semis. And you could probably attest to this as well. How fast your trades can move have changed as well.

[Troy Millings]

Oh my God.

[Ian Dunlap]

That's a CPU matter. Right. When you're talking about how fast your processing unit can work, institutional had the huge advantage. They were already using the highest level of GPUs. Now when retail investors can have access to that, I mean, this is a game changer. Every second counts, especially if you're trading futures.

[Troy Millings]

Yeah, absolutely. And just even from when I first started to then when I got the Ryzen chip to when I paired the Nvidia and AMD Ryzen chip together, the speeds are incredible, Are incredible. So I just think retail investors are brighter than they've ever been. And even advisors who talk to clients, like I've talked to some advisors and like they'll bring in notes from the show and they're just. They're more prepared than they used to be.

[Ian Dunlap]

Yeah, I think that was one of the things when we left Vlad shout out to Vlad 10F CEO, the real Vlad Disclaimer. I can see the energy he's on. One of the things he said was like, you know what the. The platform that we've now made Robin Gold was? They said it was for retail investors because people liked us because we gamified it and it was too easy. And they said, well, what are you going to do for sophisticated investors? And they were like, you know what? Our retail investors are sophisticated. They're just as sophisticated as an institutional investor. We need to make a platform for them. And now you see Robin Hood is over a hundred dollars. And we saw this coming we said, yo, the platform that they built, they let us test, it's legit. It can any institutional firm, any brokerage firm, it's right there with them.

[Troy Millings]

Yep.

[Ian Dunlap]

Trump just slapped a 30 tariff on EU and Mexico. How are you hedging your global equity exposure before the trade war goes full blast?

[Troy Millings]

He's not gonna stick with this plan. I don't, I know you don't like tacos, Trump, so it's fine, but this is the taco movement. I'm not changing. And this is a great part about investing in great companies. Nvidia won't be affected by this war. Invest in companies that move the GDP of the country and the world and are so valuable. None of that, that's for low tier stocks. Nvidia won't, Microsoft won't miss a beat. As a result, the tariff thing don't matter. And if you're not sticking with the tariff plan for 180 days. Yeah, what difference does it make? All that goes away through like recession, famine, we survived covet regime changes, political unrest in the Middle east, like once, you just continue to hold. And that's a great part about being seasoned and being older. Even just in business, if you just stick to your plan, which most people want, even with AI, like I thought with the evolution of AI, people would be more productive. I feel like people are being less productive with better tools. Just stay locked in. The tariff thing for Nvidia, Microsoft, Eli Lilly, who should make a comeback next year, amd, even Tesla, it's not gonna matter.

[Ian Dunlap]

Yeah, I think the, the market is kind of baked in this, this fear of what tariffs are going to do. I know people, a lot of people talking about, yeah, Q2 is over, so we'll see the actual effect of it in the next couple of weeks when earnings happen. But I feel like the market has baked it in. Right. We saw what happened in, in April and since then it's just, it's been a hell of a run generation.

[Troy Millings]

April will be one of those.

[Ian Dunlap]

Yeah, it's just it, I mean you can set the date, I know you said August 1st, it'll officially go into effect, but based on the pattern of how he's been governing, I mean, does anything feel like it's a concrete thing? Right. April 1st can turn into December 1st at this point. And companies that just moved on, they moved on. But like you said, investing in companies that are kind of non tariff affected. The China situation, obviously, when Nvidia could have some effect. I don't know if it'll be great but like I said, Netflix for sure is a company. I mean it's just not defense companies as well. And I bring up Netflix because you know they're kicking kind of, kind of kicking off the earnings week for the, for the, the second quarter. So we'll see how they report this week. But look at those companies. Netflix is, is going to be fine. We talked about defense companies all the time.

[Troy Millings]

BlackRock. It's a non issue. You saw the content though. You stole his content.

[Ian Dunlap]

He just was over and now he.

[Troy Millings]

Used to go, you downloaded his content, put it on tick tock.

[Ian Dunlap]

Allegedly the share screen.

[Rashad Bilal]

Allegedly.

[Troy Millings]

One day we won't let things bother us.

[Rashad Bilal]

Okay.

[Troy Millings]

Yep. Oh man. I've enjoyed having Instagram and Twitter off my phone.

[Ian Dunlap]

Amen.

[Rashad Bilal]

You don't have Instagram on your phone.

[Troy Millings]

And not to the presentation over and then after that been real shout out to the team in London. Thank you. But he use AI to get my replies down. I said oh, y' all wrote that. Thank you.

[Rashad Bilal]

Do you think Eli lilly can rise 40 next year?

[Troy Millings]

Possibly. Still one of my favorite companies. They've been beating up a little bit this past year. If they put Zepbound in that pill form though, I do think that they can have a tremendous comeback. 40%. I have to see what they're going to announce. But if we just being very fair, like they've had such a great run over the last couple of years going back to 2022, they were due. They were like flattening out. That acceleration curve that they were on April was a great buy. But if they dip under 752, I will have to buy it. And then by end of next year they should be at that 984 range, breaking their all time high. So Lily will be fine. They're just going through. I mean this is one of the classic examples of a company. It's really hard to get 50 or 60% gains year over year. They went from 129 and 21 to 972 in July of last year for a healthcare company. Like these kind of gains are, these are tech gains. So. And given that they were flat in 2010, if you just look at their long term chart, they've been on a hell of a run. So 40 run is possible. But I have them like 25 to 30 for next year for sure. If they do release that weight loss pill.

[Ian Dunlap]

Yeah. I think that their whole sector, when you talk about healthcare has taken a hit. Obviously we saw what happened with UnitedHealthcare.

[Troy Millings]

Yep.

[Ian Dunlap]

Nova Novo, obviously. Yeah. And That, I mean that's his closest competitor in that space. I'm looking at the chart here. It opened at 772 to start the year. We're at 796 now. So I mean 3% gain when the entire sector has double digits.

[Troy Millings]

Clobber. Yep.

[Ian Dunlap]

Yeah. I think you're spot on when you talk about the pill form and how insurance providers will treat Zeppelin and Majora going forward will be a key. But all signs point to weight loss pills and weight loss drugs are not going anywhere. In fact they're only going to to accelerate this space. And so if they're obviously they're the leader and they have other drugs.

[Rashad Bilal]

Right.

[Ian Dunlap]

We're not talking about Nova. What else do they do? We know Prozac comes from Eli Lilly. We know it's an American company. I know the administration thing is America first. Yeah. 40 is a lot. But they're still leading. They're still net positive for the year. That's a good sign. Next six months. I had a 700 call. I can see it going to 840.

[Troy Millings]

Yeah.

[Ian Dunlap]

Yeah.

[Troy Millings]

And to be fair, love the company. You haven't announced the AI component to the consumer. Once again everyone on earth, there's your competition. It was a lot of traction behind Microsoft and what they could do in the healthcare space to everyone in Indianapolis. I know you are working on something internally for drug development in the AI ecosystem. But you need to put out something consumer facing to help make their lives better. So it's not just deemed as you're only selling pills to them against regulations, yada yada. From a brand perspective though, the stock can be 1200 bucks and you don't have an AI component in a company. No one's buying a 1500 stock with no chips and no AI attached to it.

[Ian Dunlap]

Yeah. United down 40 year to date. Novo down 20 year to date.

[Troy Millings]

That's worse than the shooter after somebody, right? Delivery.

[Ian Dunlap]

Special delivery.

[Troy Millings]

I'mma send a college kid in a moncler sweater a Laura Piano sweater to go get. Yeah. Okay.

[Ian Dunlap]

Got you with a ski mask.

[Troy Millings]

Gotcha.

[Ian Dunlap]

What a pooh shy steel.

[Rashad Bilal]

All right.

[Troy Millings]

Brunello Cuccinelli pants and murders.

[Rashad Bilal]

Okay back. Thanks. All right ladies and gentlemen, I think it's been real. Anything else we need to cover?

[Ian Dunlap]

Yeah, big week. Real big week. We talked about a lot about intel and semi space but those companies that are ahead of it. Tsm. Yeah, I know that's. That's just been a company that we've been talking about and talking about talking about. Can't stress it enough. They will be reporting their earnings on Thursday. Asml which is still the only company that has the machinery to produce the little gathering that is needed to produce the chips that TSM is going to manufacture, they report on Wednesday. So that'll give us an indication of where the demand is at. Has it changed in the second quarter? All signs point that it does it. And like I said, Netflix, which is man it's, it's, it's approaching maybe stock of the year.

[Troy Millings]

They've done a great job.

[Ian Dunlap]

They've done an amazing job. They're gonna. I think this is the first month or quarter that they're not reporting subscribers right. They're not doing that anymore.

[Troy Millings]

That's.

[Ian Dunlap]

Oh, so we'll see.

[Troy Millings]

That scares me.

[Rashad Bilal]

What?

[Ian Dunlap]

Yeah, I think, I think that's when.

[Troy Millings]

Apple start stop reporting them phones.

[Ian Dunlap]

Yeah.

[Troy Millings]

I get triggered Investment trigger. Oh God.

[Ian Dunlap]

What we shall see.

[Rashad Bilal]

Do remember this Thursday at 7 o' clock Troy's gonna be doing his options class. If you watch that presentation, that's just a preview. We got a 24 hour sale that we're running for EY University 50 off. You can enter code market Mondays at checkout. That gives you op. That gives you access to the options class. That gives you a one year membership to your university. That gives you access to the home buyers blueprint. That gives you access to all of the calls that we have. That gives you access to crypto information. That gives you access to the regional groups. That gives you access to the app where we talk about different trades that happen daily. Vitally important especially if you want to take your trading to the next level. Options trading. Go to eyuniversity.com Intercool Market Mondays 24 hours only and Invest Fest China room has been opened. We will have the full breakdown of the China play at Invest Fest. The panel we're bringing people from China over literally. So it's going to be a good one man get to take.

[Troy Millings]

That's on Saturday or Sunday?

[Rashad Bilal]

Saturday.

[Ian Dunlap]

Saturday.

[Rashad Bilal]

Sunday. No, Sunday. Sunday.

[Troy Millings]

Sunday.

[Rashad Bilal]

Sunday.

[Troy Millings]

Yeah.

[Ian Dunlap]

Hyper Focus. Yeah. Ian will not be taking phone calls.

[Rashad Bilal]

And for all VIP ticket holders we will be having the follow up calls after Invest Fest where we'll have a Q A with some Invest Fest speakers. Ian has joined the fray.

[Ian Dunlap]

Yep.

[Rashad Bilal]

We'll be talking about investing, real estate, AI and crypto. So you'll. This is just Q A. We're going to be doing a zoom and we're going to just, you know, just added value play. So man, get your tickets, get your vendor booths. I'm looking Forward to it. Get your outfits, please.

[Ian Dunlap]

Back touch touched up.

[Rashad Bilal]

My life.

[Ian Dunlap]

No extensions. If you're a man, you should not have extensions in your hair.

[Troy Millings]

A lot of that going on, too.

[Ian Dunlap]

That's crazy.

[Rashad Bilal]

Happy birthday to Alex. Happy birthday to Alex.

[Ian Dunlap]

Shout out to Alex.

[Rashad Bilal]

Alex. Good energy.

[Ian Dunlap]

We had a conversation, man.

[Rashad Bilal]

Shout out to Alex. Good energy, man.

[Ian Dunlap]

Talk about multitasking this guy for.

[Troy Millings]

For real.

[Rashad Bilal]

Sorry I couldn't make a B day party, but I'm sure you. You did it big. But yeah. Shout out to Alex K Energy. Happy birthday. And plaque out. Tune in the blackout Wednesday. We gonna be talking about a lot. There's a lot to talk about. And then we have the AI class on Thursday on YouTube. That's earning leisure episode.

[Ian Dunlap]

Yep.

[Rashad Bilal]

The queen of AI, Alicia Little. She gonna be going over everything, real time, setting up stuff in person, giving you websites, giving you apps. I mean, man, between that and the last one we did, if. I don't know. If you're not watching it, you're not serious about learning.

[Ian Dunlap]

Yeah.

[Troy Millings]

If you want to get rich from the market, go to Ian invest.com and Joe Red Petter Stock Club. Stock club call is Aftermarket Mondays. See y' all soon. Get your tickets to Invest Fest. I'm excited for this year. I'm really excited for this year.

[Ian Dunlap]

Yeah, yeah. Gonna be a good one for sure.

[Troy Millings]

Next year. But magic the blueprint. Sometimes you can learn the lessons just by watching.

[Ian Dunlap]

If it doesn't have a treadmill on the dot, we now we gotta give it back. Gotta give it back.

[Troy Millings]

Gotta go.

[Rashad Bilal]

Mega yacht place. Magic man.

[Ian Dunlap]

But lovers love y'.

[Rashad Bilal]

All.

[Ian Dunlap]

We will see y' all Wednesday and we will see y' all Thursday. Be good. Most importantly, be safe and stay sucker free. Please, please. We'll catch y'.

[Rashad Bilal]

All.

[Ian Dunlap]

Peace.

[Troy Millings]

You guys have changed. I remember when you were humble. I should have quit with us, to be honest.

[Ian Dunlap]

I told you stop with me a long time ago.

[Troy Millings]

Just joking. God. I'm hearing you.

[Ian Dunlap]

Respectfully.

[Troy Millings]

Peace.

[Ian Dunlap]

All right, y'.

[Troy Millings]

All.

[Ian Dunlap]

Peace.

[Allie Jackson]

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