1:30 You need to be in risk on assets and risk off assets at the same time 1:45 own companies you'd be happy to own-large cap dividend payers 2:16 risk off assets, gold , silver, crypto 3:28 debt market is driver of everything and meltdown will start there. 4:05 I like the banks in this environment-GS, JPM, BOA, etc. Let the freakshow benefit you. 5:15 when the meltdown happens, cash is going from one asset to another, commodities will explode 5:40 expect volatility in the crypto space. If you can't handle volatility, stay the hell out. 6:02 Russia/Ukraine - protect your portfolio through hedging. If Ukraine blows up, stock market will crash, energy will spike 7:50 Central bank wants energy crisis to further destroy middle class, while at same time propping up corporations 8:35 If Russia/Ukraine conflict breaks out, it will cause stock market hit, albeit temporary, 10 year yield will drop substantially, dollar will rise and stocks will sell off. Fear trade. 9:24 when you see fear play out in the market, that's when you strike 10:33 buying the dips will work until we get the debt-fueled implosion 11:05 we know where to look: debt market is the driver; stock market is the derivative of the debt market 11:50 hedge portfolio against Ukraine conflict stock crash by buying put of SPY for every 100 shares you own 12:55 Greg is net seller of options 13:20 in this scenario we want to take out a little insurance against portfolio shock by buying puts of SPY, about 5% out of the money 14:10 energy has potential to superspike, so for every 100 shares you own, you will buy one call of XLE (energy sector), so you are hedged on 2 sides. 15:20 buy 1 call of XLE for every 100 shares of core positions (div paying stocks), 5% out of the money 15:45 Greg suggests buying options with expirations 2 weeks to 1 month out, depending on your risk tolerance 16:29 If Russia/Ukraine and energy play out in relatively short order, you'd take profits on your market puts & energy calls, and then use the profits to add to core positions. 16:52 if it doesn't play out, then it won't cost you too much $$$ to hedge your core positions. 17:46 some may want to ride out the market and add to core positions without buying insurance 18:21 Greg is buying more shares in his core positions when market dips, specifically banks, all the way down! Until we see uncontrolled spike in 10 year yield. When that happens, then we know the debt market implosion has begun! And we get the freak out! 19:00 Consider pulling even your core positions when the debt implosion is imminent, and stay long our risk off assets. 19:15 when debt implosion happens, Greg believes we'll see the market capitalization of crypto currencies balloon, and then we'll be in the money!
No comments:
Post a Comment