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There is a massive reset happening in the stock market and if you're not paying attention to it, you're going to miss out. This affects Bitcoin broadly, a lot of different stocks, which we're going to specify where to pay attention. And of course, what's going on in a weird way with Iran, though, not as much as we would think. See, this morning we actually got bad news coming from Iran. We heard that Iran is pausing message communications with the United States because of Israel's strikes in Lebanon. Israel is arguing that they think it's great the United States is trying to negotiate a deal with Iran, but they're
not going to stop defending themselves. And Israel's version of defending themselves is, "Hey yo, everybody in the southern city, get out cuz we're coming in." and bombing the crap out of Hezbollah positions, displacing tens to hundreds of thousands of uh Lebanese civilians. This has been ramped up over frankly the last 10 days. Over the last 10 days, we have heard Donald Trump say, "Oh, we're about to sign a memorandum of understanding." And immediately after that, Israel said, "Cool. We're going to ramp up our strikes even more." And after that we have seen strikes from Iran against uh a US air base in Kuwait as well as potential attempted attacks against US aircraft uh carriers and
destroyers in the region because we've seen uh you know missile bays aligned to potentially strike American ships and drones launched which the United States conducted those defensive strikes against. Then we just retaliated against Iran for attacking our Kuwaiti air base, which of course we did shoot down that missile that was launched. But unfortunately, two of our MQ1 drones, which cost somewhere between 15 to $30 million, were uh substantially damaged. The US struck back and attacked air defense radar and drone strikes in Iran in retaliation to this. At the same time this is going on, Israel is ramping up their moving into Lebanon and now according to the Tasm news agency which
has close ties to the IRGC, Iran has set their agenda to one completely block the straight of Hormuz and to potentially activate other fronts including the Bob Eland strait which would be where the Houthis in Yemen block the flow of oil uh out of the uh Red Sea which is unfortunate because that would essentially be blocking both of the seabased methods for extracting oil out of the Middle East. See, right now Saudi Arabia is moving a lot of their oil through their east west pipeline over to the Red Sea and then coming out over here, the Bob straight I like to call it. Uh that'll come out of the Gulf of Aiden and then out into the ocean, right? Into the Arabian Sea and otherwise. Persian Gulf over here is blocked by the Straight of Hormuz. We
already know that. Now, what's remarkable is the stock market doesn't give a flying f about all of these escalations. I literally have a red news wire coming across the tape right now as a straightforward news is under Iran's management and we will not allow the blockade of the United States to continue. Iran's central military command if Israel carries out attacks on Beirut. We warn residents of northern Israel to leave if they don't want to be harmed. In other words, Iran is arguing, hey, if Israel is going to keep up these strikes uh as deep into Lebanon as Beirut, uh you know, previously we've heard evacuation notices for coastal cities like Tyer over here or other cities uh here in the south. Beirut is
really moving up and deep into Lebanon. And Iran saying, "Hey, hey, hey, if y'all are going to do that, mind you, Iran is like, well, over here you got Iraq and Syria in between." Uh, Iran's like, "Well, hey, we might have to start bombing Hifa again over here," which is previously the port city that is regularly a target uh inside of Israel, which would just lead to more Israeli retaliation and basically just poop gets even worse, right? More poop hits the fan. All of this has obviously led oil to skyrocket 7 to 6% today. um depending on whether you're looking at WTI or Brent, our bond yields are up about fiveish basis points, sitting about 4.5, still below that long-term 4.57. But in
spite of all of this madness, and you would expect the NASDAQ 100 to go down on this, we actually instead just hit an all-time high. And this all-time high, even though we did find a bottom here, which we were looking for a bottom. Look at this new bottom. 725 was an old bottom for the Q's. We are creating a new bottom right here in the 735 region. Both pre-market and that intraday floor we had right here. Why is this happening? Well, it's happening, folks, because of a massive rotation. We are seeing a rotation away from crypto and well that's probably because Micro Strategy started selling some Bitcoin and into the new frontier. The new frontier is actually the frontier we have been calling for probably for the
last uh since about the beginning of April, right? The beginning of April we said look hardware first. Hardware first through the SpaceX IPO. The SpaceX IPO is now just 11 days away. After that, there's still a likely push for hardware because what do you think SpaceX is going to spend money on? Oh my gosh, more hardware. But people are going to start getting frustrated and saying, "Wow, hardware is getting really expensive. Maybe there's another opportunity. Is there anywhere else we could find growth in artificial intelligence with artificial intelligence exposure and actually make some money?" And as a result, we said the software category would be next. And folks, what is
happening? Last week, we said we were starting to see a bottom in software. Palanteer is up 2.6% right now. It really needs to break through this two or a 16089 line right here. But look at some of this other software momentum. Monday.com, which is one of the most replaceable in the AI space, up 14% intraday after making a bottom at $57. It's almost up a double from that bottom. Crowd Strike. Uh, I mean, this one's gone vertical. There haven't been deals in cyber security, but look at this UiPath, which is finally proving that it is an AI beneficiary.
This, in my opinion, is a $45 stock with a really strong support line of $9.38. Look at this. Up 10% today. Axon, bro, nobody's vibe coding away. Police artificial intelligence up 5%. Nobody's vibe coding away business data. Although, you know, into it has had its struggles. It's up 8.7% today. Software is starting to turn around. Here's Octa, uh, which is also an insane move after earnings right here, but it's contributing along with Snowflake, which had an insane move after earnings to what's really being viewed as a broader software reversal. Here's Service. Now, when you zoom out, you can see the reversal has begun. Snowflake, the reversal has occurred. In the case of
Snowflake, uh, Autodesk is even trying to form a bottom probably somewhere around 214, 215 here. You've got a stronger line than this. I mean, this one's still pretty good, but um, you know, we've broken through that a few times. You're seeing a lot of movement in software. Even Microsoft, look at that. These bottoms are in on software. Uh, ARM. ARM is a licensing play. It's really a licensing play on hardware though. Uh you know the more Nvidia is like hey guys we're going to make new chips including now in the laptop announcement that's great uh you know processors for laptops. That's why Nvidia is seeing this 4% boost over here which is helping the market ignore the
Iran drama. What do you got? Well, you got a $5.3 trillion company moving up another 4% which is phenomenal. Now, this software revolution, it's some of our favorite stocks that we've been talking about in the course member uh membership over at meetke.com. You can always consider joining that. Again, meet Kevin.com. Um, no rush. We don't have a coupon code expiring soon. Uh, you can always go to meet.com to learn more though. If you got questions, email us at staffme.com. I think course members are overall extremely satisfied with the value we try to provide every single freaking day in our alpha reports and our fundamental analysis. But really this turnaround is starting to happen and it's happening
unfortunately without Bitcoin. Now one of the reasons that's probably happening is in my opinion markets are looking for value. Where can we actually find a deal today that still has upside? Unfortunately, one of the headwinds that we have with Bitcoin is a lot of the upside such as institutional acceptance of Bitcoin, Bitcoin ETFs, all of that sort of upside has already happened. Now, I'm not trying to sound bearish on Bitcoin, but people are looking for what is the thesis that I could bet on right now and make money. And of course, hardware has been an easy one. You know, I've been betting on Marll, for example,
as a great hardware play. Uh, it's up another 6% today. One of the reasons I really like Marll, just so you know, I mean, beyond what I've described previously about my fundamental analysis on it, just sort of on a really basic technical note, I see it as like the stepsister uh of Broadcom, the redheaded stepchild. And hey, nothing against redheads, you know, they're just more rare, right? Um I actually think redheaded women are beautiful. But anyway, uh, Broadcom over here, market cap $2 trillion. Marll has 110th of the valuation of Broadcom and they compete in a similar space. Now, in fairness, Broadcom's we got, you know, some custom chips being developed as well. Marvel has AS6 that they develop. There's there are some
cool things going on here, but I'm a big fan of really both of them, but I'd rather put my bet on one of the smaller ones in my opinion that has more upside. Dell is an a great example of that. You know, Dell was a play that was a 200 million a billion dollar company. Uh, and they've just gone vertical after their earnings and you can see they're at 300 billion. So it's a lot easier for a company to go from 200 billion to 300 billion up 50% in you know a week over here than it is for Nvidia a $5 trillion even a $2 trillion company to sort of pull that off right but I mean this is a very green screen here heavily
heavily indicating the software flipping is occurring and this is a big W I mean literally last week we made videos on this channel and said Palanteer is bottoming and it was bottoming here on a very stable 1348 We've now broken out of the downtrend wedge, which is what you would expect to happen. You get a converging wedge to the downside. You tend to rocket ship up out of it. Uh our resistance here is in the low 160s at two different positions, 161ish and 164ish. We break through this, we'll be back at 207 pretty damn quickly. As long as our software revolution continues to hold, and this is happening in spite of what's going on in Iran, which is remarkable. Now, we talk about fundamentals on this all the
time over at me.com. Check that out. But what I want to actually talk about is Warren Buffett. Warren Buffett just made an offer uh well, Birkshire Hathaway made an offer to buy Taylor Morrison Homes at about a 20% premium, hence the 22% stock rally here. This is about a $6 billion home builder, one of the largest homebuilders in the country. And this follows their acquisitions uh or their stock purchases of LAR. Now Lenar is also uh a massive home builder in the country. Uh the movement here into homebuilders in my opinion is the same kind of thing that I'm seeing. So Burkshere in my opinion is doing the same thing that I'm seeing and I'm going to explain that really quickly. So I want to be clear here. Short-term
hardware still has legs through the IPOs. We are now creating a software bottoming. The software bottom bottoming broadens the NASDAQ and the S&P 500. It allows them to go to all-time highs and you're going to start seeing institutions say breath is widening again. This is a good thing because software is moving up very long-term and this is where Bergkshire Hathaway is. Real estate is the play between 2022 to 2032. But you got to have a really long-term outlook if you're making real estate bets. Some people are betting on mortgage companies for this. Some people are betting on home builders on this. The biggest bets I personally am making on this have to do with obviously Reinvest or House Hack. Now, not only
are we developing our software, uh, which is awesome, uh, or Reinvest software, uh, the housing valuation software, which basically helps you sort deals by how much they could boost your net worth. that comes out at the end of this month, which is awesome. But what's really exciting is that we're also building. So, we're building ADUs, we're building custom homes, and soon we'll be doing subdivisions. And in my opinion, what I've built with House Hack is what I'm seeing Berkshire Hathaway also focusing on. Berkshire Hathaway is trying to get exposure to more home builders. Wow. We're also building more home units. Why? Because there's money in home building. People need more homes. We can all agree on that. Home
affordability is in the toilet. That's a great opportunity for home builders to go out there and make more money or people to buy fixer uppers and actually bring that inventory to market which we also do. And so I see myself in alignment with Berkshire there and I'm really excited about that. I was going through my notes and I found a note from 2020 and I shared it uh you know with a co-orker yesterday. I'm like look at this. Here's a note I wrote in 2020. And my note was it was you know that's like two and a half years before house hack was even created. I'm like I want to create a company called house hack and I wanted to be the berkshire hathaway of real estate and it's
like here we are doing it and I'm like oh that's so cool like looking back and seeing yes what my vision was is what we're actually doing which is really exciting. When that software comes out, by the way, when we officially release it and that net worth deal and tool is live at the end of the month, we're going to have a very large uh price increase for that reinvest software. And you can see that at reinvest.co. You can learn more about that, like how it works with uh you know, putting in zip codes and finding deals by net worth. Uh and then of course you can check out the Mev membersh.com. Anyway, thank you so much for watching. We were we will also uh some people have been asking about a house hack update. We're going to do a
larger house hack update video probably in August. So stay tuned for that and it'll be really fun. But so far so good. Thanks so much for watching. We'll see you next one. Goodbye and good luck. Why not advertise these things that you told us here? I feel like nobody else knows about this. We'll we'll try a little advertising and see how it goes. Congratulations, man. You have done so much. People love you. People look up to Kevin Praath there, financial analyst and YouTuber. Meet Kevin. Always great to get your take.
