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what's up in a good morning good people good morning good people welcome back to stock up with Larry Jones hit the like subscribe and that notification Bell I hope you had a safe and wonderful weekend we want the entire family back that means you you and you hope you guys had a great weekend I'm a little low in this chair hope you guys had a great and wonderful uh Memorials Day uh Hey Hey There we go the family the family trucker for life in the house all right a right trucker for life good morning let's get those coffee cups going this morning let me get you guys with some news first you guys know how we do this and uh so some of you guys could get to work so let's start out with uh something that I see with the MooMoo app it says AI is driving the markets it's time to think bigger on AI as Nvidia is close to reaching one trillion dollars with a t one trillion dollars for those of you that don't have uh MooMoo make sure you download the second link below you get all these pre-market reports and um actually a lot of these uh notifications has helped to make me a lot of money all right so that's the second link below they do a pre-market type of deal like I'm doing right now let's talk about a few more things Tesla's back above 200 a share even in the pre-markets Tesla is roaring back uh of course because of what's happening in the market you're going to see hey California in the house good morning good people Tesla's back above 200 a lot of you were buying when it got back down to the 160s and uh that was a smart move and now it is back above 200 AI is just surging a lot of the stock Tesla really didn't need AI the AI surge Tesla is a beast by itself okay so let's talk about the debt ceiling now on the debt ceiling uh the bill um has to pass the rules committee tonight before it hits the floor so there is a rules uh committee that votes on it tonight before it even actually hits the floor for those of you that don't know the debt limit uh the date the D date by Janet Yellen got moved to the fifth of this month and a noun because of everything they're going to do the vote will be uh the final vote could be on the fifth right but let's see some of the things that they are doing with this U.S debt ceiling what's in the U.S debt selling deal and who won right who won nobody all right here we go let's look at a few things here let's just look at a few headlines uh so I can get you guys off to work debt ceiling suspended until 2025.
after the election all right suspended until 2025 so there were a few deals done but the can was further kicked down the road okay so let's look at this cap on spendings but not defense so they did put a cap on spending but not uh not on the defense okay and so we you can read in here defense spending would increase by 886 billion which amounts to about three percent to rise a year you can see this Republicans wanted to freeze on overall spending for 10 years with a rise in defense spending uh and cuts on other budgets okay so we could see here the agreement keeps non-defense spending flat next year with a one percent rise in 2025.
so the Republicans did get some things out of this deal as you could see here right so let's go to this unspent covet funds remember we talked about this how there were unspent covert funds and uh of course the Dems wanted to hold on to that with the Republic with the public health energy I'm sorry emergency officially ended in May the Republicans had argued for the relief funds that were not spent to be returned okay so that is going to happen right the Congressional budget uh office has estimated that this will amount to about 30 billion dollars so that's an extra 30 billion dollars the Dems was trying to hold out on uh and not give it back welfare tinkered with but no overhaul right there are work requirements you guys could read that uh as far as welfare recipients let's go down here medical remains untouched in the deal but the age at which work requirements are included for those on Snap was raised from 50 to 54 right so an extra four uh years for those of you that are familiar with that all right funds to enforce tax rules on Wealthy Americans right here we go so we know what's going on with that you guys can read all of this in this report easier to get energy project permits all right uh this I I absolutely agree with because the permitting is just it's ridiculous all right new rules will make it easier for both fossil fuels and renewable energy projects to get license all right that that like like that really has something to do with the debt ceiling okay uh then you go through things that are not a deal so I want you guys to read this full report you can see that is I got this on the BBC but you can uh pull it up on um just multiple things all right let's go through a few more things as we see what's going on look at Nvidia in the pre-markets good people these are some of the things these are some of the stocks I want you guys to continue to watch look at Nvidia still uh up four percent in the pre-markets the um uh session will be open here shortly up four percent Nvidia still shows signs of bullishness even after that ridiculous run on earnings keep your eye on AI c3ai ticker symbol AI it is up almost 12 percent pre-market and um I have some c3ai I expect uh I think their earnings is coming probably tomorrow somebody correct me if I'm wrong uh but c3ai ticker symbol AI I believe will run up until and uh could run up further um so I may enter into another position just today I do have a position in it just for a buy the rumor sell the news some I will keep some I will sell before earnings that's the way I roll with AI so that is ticker symbol uh uh AI right here right so it's c3ai and of course it is a AI play Nvidia because of the way there they make their chips and processing and video will to me for me be the ultimate winner but companies like uh c3ai May multiply more than uh Nvidia Nvidia is just a a bigger company that has revenue and all of this c3ai is is what we call a ghost company you're you're paying for the future so if you look at the fundamentals on c3ai it's it's a bus company it's just like uh it is it's like a lot of the EV companies they're bus companies they have no earnings they have no they they're full of debt but because of the hype they're they they will run up now I I suspect c3ai we'll continue to run up look at that now we're up 17 in the pre-market see here I'm sorry 12 in the pre-markets we're already up 12 in the pre-markets and it is a broke company but the potential is insane be especially because AI is running so strong so what I me remember you got to do your own research this is a short-term swing and a long-term invest so I I expect it to run up I expect all of the AI talk to cool off I expected to come back down right and and and then find its positioning okay you guys play it according to how you see it and remember when it comes to companies like this I am riding that stop loss okay for those of you that are John Wayne some don't believe stop losses all right let me tell let me know how that works for you here's another one to uh keep on your watch list and I brought this up and I I know people are going to be like really AMC well we have 19 more uh big movies that are coming now this is a swing for me a swing trade for me and um the mermaid came out it was over 100 million I think it was like 114 million uh that it did domestically and there's like 19 more movies to come so I believe that short term AMC could see a pop uh this summer with all of these blockbuster movies there again swing trade you guys know that I am I I am not a long-term investor in AMC um investor right uh so I know the ape Army that's totally different I stand with the the fundamentals of what the Apes stands for all right I stand with the fundamentals right but of what they stand for not the company itself so for those of you that don't have AMC it's a swing it is not you got to read the fundamentals of the company the company it's just like AI uh um that is bleeding money that type of deal except AI C3 is trying to build a company in AMC because I think they just went public in 2020 AMC has been a company but it has been bleeding financially uh for years all right so those are some of the things I wanted to talk to you about I want to come and answer ask and answer a few uh questions hey guys make sure to um actually time will be out in a few days actually yeah time will be out in a few days for you to get the 15 plus five free stocks depending on your deposit amount make sure if you downloaded it make sure you get a minimum of a hundred dollars in if you haven't download the second link below and um let me get this in right quick but for those of you that want to learn more about stock market download the top link below and come join us stock up you stock up University come join myself stocks with Josh teaching charting uh options training by Keenan Grace mommy Trader dividends basic fundamentals with uh stock Curry now let me talk to you guys for a few minutes and get you off to work all right uh palantir palantir will be a to me palantir will be a big winter winter palantir will be a massive winner with AI I believe especially at its price point right now I believe palantir is going to be in AI winner so I buy on the drops right Buy on the drops and and and and and and and and and and and hold if you believe in it long term now unlike other plays palantir is a long-term play for me so I don't I don't sweat the drops because I believe that palantir will be a great company Long Term hey good morning Mommy Trader how you guys are doing uh uh Hey thank you 531c see that's what I love about the family man y'all come through 531 is tomorrow yeah tomorrow uh will be the uh AI which is AIC three ticker symbol AI earnings okay all right uh let's see here I'm trying to keep this under 15 minutes good morning London making gains God is good amen brother God is good yup all the time and all the time God is good hey blessings everyone uh good morning good morning good morning let's see here yes yes uh hey hey good morning Kathy is it too late for NVIDIA no if it short-term swing trading I would be worried because it's so frothy because it's so high long term no I believe Nvidia has a long way to go actually believe it or not still you you go really Larry after the last five days look at that up 26 after the last month up 34 after year to date 172 percent you still think that Nvidia is a good play yes because of the way I want you to study the way that their chips they they have a uh a gain on a lot of other AI especially when it comes to Computing and the way they manufacture their chips right so they don't just win in one segment say gaming okay uh I don't want to go into all of that but look at how and why they are positioned the way they are and why it is going up for the those of you that's been following the Larry Jones five dollar a day challenge your Nvidia should be looking really really good all right good people I'm Gonna Leave it right there I just wanted to get you guys off to work I love you guys and uh enjoy your short week and um I always say Be Kind Rewind do it again and uh live love laugh learn and earn make sure you check out both the links below remember MooMoo will be done tomorrow yeah Mumu will be done tomorrow so if you downloaded it make sure you get that deposit in this will be done it this promotion will be done get the free stuff and uh we'll see you from there right live love laugh and learn
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