The Looming Stock Market Correction? w/ Puru Saxena

I'm joined by retired money money Puru Saxena as we discuss his thoughts on a possible market correction, the role of the Fed's QE tapering, and various approaches to hedging. Puru Saxena on Twitter:   / saxena_puru   Timestamps: 00:00 - Introduction 01:10 - Why Puru think the market has topped and a correction is under way 11:30 - What if the bubble has already popped with speculative high growth stocks? 16:12 - Does Puru think the FAANG stocks could also go down 20% next year? 17:10 - Counterargument that the S&P 500 is priced cheap at 21x next year's earning 20:50 - Is Fed main driver of inflation? 23:05 - Why is there rising inflation this QE and not prior? 24:25 - Dave's counterargument that economy could be experiencing major boost from online consumption 36:20 - If real economy is strong, then perhaps no major correction 40:00 - What is Puru doing to hedge? Or raise cash? 46:15 - Does Puru use a stop loss with his short positions? 49:30 - How Puru uses moving averages to set exit and entry points 54:30 - Thoughts on different options to hedge 59:20 - Danger of pulling out of market and not getting back in 1:03:50 - Who does Puru follow on Twitter? 1:05:00 - How much value does Puru place on technical analysis and why? 1:06:45 - Yield curve inversion 1:08:25 - Investment goals & benchmark 1:10:00 - What keeps Puru motivated? 1:14:15 - Conclusion Social 🐦 Twitter   / heydave7   🎧 Apple Podcast: https://podcasts.apple.com/us/podcast... 🎙️Spotify https://open.spotify.com/show/2iin015... 📸 Instagram   / heydave7   Dave Lee on Parenting,    / @daveleeonlife7659   NOTE: Please don’t fall for scammers who might impersonate me or others in the comment section. I do NOT give out my number or ask people to contact me. 💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date. When you buy through links in this video description, author may earn an affiliate commission. Open an brokerage account at Interactive Brokers: https://www.interactivebrokers.com/mk... Buying a Tesla? 🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556 ☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556 Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threa...