David Trainer Appears on CNBC’s ‘Power Lunch’ To Discuss Stock Market

Name: CNBC

URL: http://www.cnbc.com/

Power Lunch

Name: Power Lunch

URL: http://www.cnbc.com/id/15838342

David Trainer

Name: David Trainer

Event location
Original recording
03/23/2022 03:04 pm
MP4 (1280x720) Use clipper to adjust file type
RUSH TRANSCRIPT Next guest ░░░░░░░░ the bear market rally ░░░░░░░░ a head fake and ░░░░░░░░ market littered with too ░░░░░░░░ unprofitable stocks David traper ░░░░░░░░ CEO of new constructs ░░░░░░░░ Good to have you ░░░░░░░░ us when you say ░░░░░░░░ head fake I surm ░░░░░░░░ mean it s a ░░░░░░░░ s rally with more ░░░░░░░░ and possibly more steep ░░░░░░░░ pockets ahead That s ░░░░░░░░ We have seen 20 ░░░░░░░░ out asset new classes ░░░░░░░░ etfs and crypto higher ░░░░░░░░ higher That is drying ░░░░░░░░ We have seen that ░░░░░░░░ nest in the spac ░░░░░░░░ drying up and the ░░░░░░░░ coming way down it ░░░░░░░░ a regime change and ░░░░░░░░ world where fundamentals matter ░░░░░░░░ matter This rebound in ░░░░░░░░ saw in the meme ░░░░░░░░ super high valued other ░░░░░░░░ tech stocks it is ░░░░░░░░ head fake Investors should ░░░░░░░░ this as an opportunity ░░░░░░░░ get out with profit ░░░░░░░░ the pocket When you ░░░░░░░░ hyper growth but no ░░░░░░░░ stocks you mean growth ░░░░░░░░ rev knews but not ░░░░░░░░ money and ran into ░░░░░░░░ in 20 thousand 2001 ░░░░░░░░ s right Gravity is ░░░░░░░░ profits a stock has ░░░░░░░░ value if the business ░░░░░░░░ makes any money people ░░░░░░░░ to believe that this ░░░░░░░░ is the next Amazon ░░░░░░░░ be profitable if they ░░░░░░░░ enough that doesn t ░░░░░░░░ very much Amazon is ░░░░░░░░ anomaly hope is not ░░░░░░░░ good strategy in that ░░░░░░░░ What would the advice ░░░░░░░░ to investors for is ░░░░░░░░ specifically the Fed tightening ░░░░░░░░ focus on here the ░░░░░░░░ tightening marks a regime ░░░░░░░░ in how you invest ░░░░░░░░ 10 years there s ░░░░░░░░ no risk you get ░░░░░░░░ upside without risk buy ░░░░░░░░ dip worked with a ░░░░░░░░ put With Bob talking ░░░░░░░░ the Fed put changed ░░░░░░░░ is gone and more ░░░░░░░░ a fed ceiling or ░░░░░░░░ call And so that ░░░░░░░░ means to invest in ░░░░░░░░ old fashioned way focusing ░░░░░░░░ fundamentals buy stocks in ░░░░░░░░ that actually make money ░░░░░░░░ are priced appropriately or ░░░░░░░░ And that s all ░░░░░░░░ means an enthere s ░░░░░░░░ free money or easy ░░░░░░░░ in piling in too ░░░░░░░░ based names like there ░░░░░░░░ in the past it ░░░░░░░░ not that you shouldn ░░░░░░░░ invest but invest in ░░░░░░░░ different way New way ░░░░░░░░ the old way Let ░░░░░░░░ look an a couple ░░░░░░░░ stock that is you ░░░░░░░░ are potentially profitable ideas ░░░░░░░░ with o reilly automotive ░░░░░░░░ royal bank of Canada ░░░░░░░░ do they have in ░░░░░░░░ Cash flow and cheap ░░░░░░░░ both are generating a ░░░░░░░░ of cash flow that ░░░░░░░░ growing and trading at ░░░░░░░░ that imply the cash ░░░░░░░░ will decline It is ░░░░░░░░ risk and different paradigm ░░░░░░░░ a robinhood not making ░░░░░░░░ an whose stock price ░░░░░░░░ the profits are bigger ░░░░░░░░ schwab that s bad ░░░░░░░░ say avoid that no ░░░░░░░░ what if you have ░░░░░░░░ opportunity to invest in ░░░░░░░░ reilly auto parts whose ░░░░░░░░ flows are tremendous it ░░░░░░░░ just obvious completely different ░░░░░░░░ of risk reward and ░░░░░░░░ enduring value Two more ░░░░░░░░ health services and domino ░░░░░░░░ Domino s delivers it ░░░░░░░░ in supply chain expertise ░░░░░░░░ technology to help their ░░░░░░░░ be efficient and did ░░░░░░░░ they have the highest ░░░░░░░░ five company in the ░░░░░░░░ S P 500 including ░░░░░░░░ tech companies top five ░░░░░░░░ on invested capital last ░░░░░░░░ years Generating tons of ░░░░░░░░ flow almost like it ░░░░░░░░ priced to go out ░░░░░░░░ business and what investors ░░░░░░░░ forgotten buy stocks that ░░░░░░░░ cheap Right And then ░░░░░░░░ cash flow it works ░░░░░░░░ any environment and one ░░░░░░░░ s especially important now ░░░░░░░░ right thank you very ░░░░░░░░ David Thank you Despite ░░░░░░░░ warning shares of gamestop ░░░░░░░░ higher again today more ░░░░░░░░ 50 this week is ░░░░░░░░ mania back Frank Possibly ░░░░░░░░ reversion to the mean ░░░░░░░░ soon to tell gamestop ░░░░░░░░ as the chairman bought ░░░░░░░░ raising the stake to ░░░░░░░░ but still no details ░░░░░░░░ the plan to transform ░░░░░░░░ into an nft marketplace ░░░░░░░░ this tweet about putting ░░░░░░░░ money where his mouth ░░░░░░░░ racking up the likes ░░░░░░░░ gamestop and the other ░░░░░░░░ meme stocks light Tesla ░░░░░░░░ amc on a tear ░░░░░░░░ the buy A note ░░░░░░░░ saying traders seized on ░░░░░░░░ of the meme stocks ░░░░░░░░ Tuesday s rally the ░░░░░░░░ squeezes in the stocks ░░░░░░░░ helped the stock prices ░░░░░░░░ higher climbing or holding ░░░░░░░░ could see the short ░░░░░░░░ and squeezes continue they ░░░░░░░░ into fundamentals including the ░░░░░░░░ names are Justin zen ░░░░░░░░ high volume trading also ░░░░░░░░ today gamestop already at ░░░░░░░░ of the 30 day ░░░░░░░░ volume Back to you ░░░░░░░░ you amazing the stocks ░░░░░░░░ back into focus Because ░░░░░░░░ were talking to Kate ░░░░░░░░ yesterday on how robinhood ░░░░░░░░ don t want to ░░░░░░░░ given up They have ░░░░░░░░ cards An energy marshal ░░░░░░░░ bold idea reportedly pushed ░░░░░░░░ Jamie Dimon Is it ░░░░░░░░ realistically long term solution ░░░░░░░░ nrlg security here in ░░░░░░░░ U.S. and Europe
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