SVP Paul Nolte Interviewed By Reuters 11.1.21

Reuters interviews Paul Nolte, SVP & Sr. Portfolio Manager

Kingsview SVP Paul Nolte discusses the expectations for this week’s Federal Reserve meeting.

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3:00

SVP Paul Nolte Interviewed By MarketWatch 10.26.21

MarketWatch interviews Paul Nolte, SVP & Sr. Portfolio Manager

Kingsview SVP Paul Nolte discusses the consumer reaction to price increases.

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SVP Paul Nolte Interviewed By Reuters 10.26.21

Reuters interviews Paul Nolte, SVP & Sr. Portfolio Manager

Kingsview SVP Paul Nolte discusses monetary policy and liquidity.

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3:00

CIO Scott Martin Interviewed on Fox News 10.25.21

Kingsview CIO Scott Martin discusses holding volatile stocks, Tesla as a long-term investment, and what might surprise investors and analysts.

Program: Making Money with Charles Payne
Date: 10/25/2021
Station: Fox Business News
Time: 2:00PM

CHARLES PAYNE: All right, stop me if you heard this before, but Tesla is a stock of the day. I mean, it’s a top performer in the S&P 500, bringing a consumer discretionary to the top of the pack. Morgan Stanley up their target to twelve hundred. This after their hurts, they’ll want to bring in Scott Martin and Michael Lee to discuss Mike, you buying here in this on Tesla?

MICHAEL LEE: Well, look, it depends what your thoughts are on Tesla. Or if you’re a trader, I think you buy here and play the momentum. But you got to have an exit price mapped out because Tesla for years has had no correlation to any reasonable valuation. In my mind, it’s the original meme stock. And today there was a gamma squeeze combined with some fantastic news for them and the stock just exploded. If you’re a longer term investor. I’ll wait for some bad news to come out, which kind of invariably happens with kind of the National Transportation Board investigations of the company, the Elon’s propensity to over promise and under deliver. So I think if you want to be a long term investor, you wait to get in. I think if you were a trader, you could probably make some fast money on the back of this momentum

PAYNE: And so interesting with all of that. And then that’s sort of been the backdrop for the last half dozen years. It’s a trillion dollar stock, and Elon Musk is by far now the richest person on the planet. You know, Scott, when reminds me of is, I think about all the people who stopped out of this stock over the years. And I think there stocks that you have, regardless of how volatile they are, no matter what you plan to hold, you’re going to hold and you’re not going to let volatility get you out of this stock because I’m pretty sure I’ve been stopped at a Tesla in the past.

SCOTT MARTIN: Yeah, for sure, and I think like like Mike said, you know, it’s stuff that kind of has become meme ish. I guess if that’s a word, you know, stocks that have gotten this fanfare and then just been pushed down because of of things surrounding the company, I mean, Facebook, certainly one of them over the years, things like AMD to, you know, where have they just been slammed because of supply issues and other things a couple of years ago with respect to product development or product completion? So I think the intersting thing on Tesla for me, Charles, just quickly is that for me, it’s actually not really a trade right here. I think it is a good long term investment. I think the stock’s pretty much overdone considerably here to the upside, at least short term. But gosh, this is still to your point, a story of Tesla that’s maybe, you know, rags to riches or Ali to the highway with respect to how the stock has done. And I think it’s a great company owned for the future, but for many, many years in the future as well.

PAYNE: I think if you think of it that way, then you won’t get shaken out. You won’t get spooked out on those periodic air pockets that it does it. Let’s talk about Facebook, guys, they report after the close. It’s just simple, Mike. Buy, sell or hold? I mean, where are you on this stock right now?

LEE: Yeah, I buy this into into the close, and then if if for whatever reason, it sells off more tomorrow, I buy more. I think a lot of these names tend to go into going to earnings calls with enormous expectations. I don’t think that’s the case for Facebook. I think there’s a cloud over it. I think they’re going to blow through it. But on the odd chance, something on the call spooks investors, I’d be adding more.

PAYNE: Scott?

MARTIN: Yeah, I think Mike’s right expectations have come down a bit, which is good. You’re going to get a great opportunity to pick up some of these names in tech land this week, and I do believe that the one thing that could surprise investors and analysts if they do start talking about maybe ameliorating some of those security issues are some of the content issues that have been plaguing them for the last few months. So that was what I’d be kind of concerned about. If you’re not in the stock here and looking to buy it after earnings, because you may get some of that news.

PAYNE: In your mind, what would it be better to do? Buy it now before the close or wait until after the numbers come out and then look at it in the morning?

MARTIN: I’d buy it before the close

PAYNE: And real quick got, let’s say, a minute ago, is there something that might that people should be in this week before they report?

LEE: Besides Facebook, I don’t think so, a lot of these big fake names have a tendency to sell off fast and hard after their earnings, basically something on the call spooks investors. And that’s the time you want to add them because by the next call, they’ve almost completely recovered.

PAYNE: And to that point, you could have bought Netflix on temporary weakness last week and Tesla on a little bit of weakness for a brief moment. Last week, Scott Michael, thank you both very, very much.

4:04

SVP Paul Nolte Interviewed By Reuters 10.20.21

Reuters interviews Paul Nolte, SVP & Sr. Portfolio Manager

Kingsview SVP Paul Nolte discusses a recent dip in the market and the all-time highs that followed.

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SVP Paul Nolte Interviewed on WGN Radio 10.19.21

Kingsview SVP Paul Nolte discusses this week’s earnings reports, the effects of rising rent costs and converting your IRA to a Roth.

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CIO Scott Martin Interviewed on Fox News 10.15.21

Kingsview CIO Scott Martin discusses the psychology and emotion involved in investing, and trusting the system. He also talks about Amazon and Netflix, and expectations for Q4.

Program: Making Money with Charles Payne
Date: 10/15/2021
Station: Fox Business News
Time: 2:00PM

CHARLES PAYNE: So we know historically October, the most volatile month for the market, but also the month that sees that September weakness morph into a launching pad for a year end rally. And it looks like that may be happening this week. I want to bring in the market bros Scott, Martin, Rob Luna and before we even talk about that, both of you guys are very passionate about getting people into the stock market. In fact, Rob, I was reading your website today and something struck me quote. My mission is to mentor anyone who is willing to build and put in the hard work to secure their own business, invest in their future, for their future. You know, I think that’s the biggest hurdle, right? People now you kind of rely on social media. You get these tips. We call them water cooler tips. So it’s easy to find stock ideas, but really, you got to put a little bit more elbow grease in there. Isn’t that true?

ROB LUNA: Yeah, I mean, that’s exactly it, Charles. And especially when you look at our community being a Cuban-American yourself, African-American, the numbers are horrible. Charles Less than 10 percent of Latinos are invested in the market. 13 percent of African-Americans in my academy minorities represent over 75 percent. I’m really proud of that. We need to start educating these people. There’s a lot of wealth that’s being built and created in this market. But people need to get in, but they need to spend the time to do it the right way. It’s not on chat boards, it’s not reading news clips. It’s really understanding how to analyze, manage risk and invest in good long term quality companies.

CHARLES PAYNE: And of course, Scott, we’ve had this record amount of money pour into this market. So these new investors are getting in there. And this is one of the biggest tests the last few weeks for them. What is the key thing? Maybe they should take away from it that they should understand?

SCOTT MARTIN: I like the term hard work Charles and Rob has been great at that mantra. His whole career and the hard work for me working with clients too is the emotional aspect. I mean, you talk about the new investors. Charles, Rob talks about some of the minorities that need to trust the system, which you know, it’s hard number one. But number two, think about your emotions of when you invest. You know, people too many times compare their selves themselves to other investors. They compare themselves to that, you know, half brother, half sister, that half cousin, whoever it is that has that great idea, that investment in oil or cannabis that went crazy. You’ve got to understand your own psychology when you’re going into investing to know what you expect out of it, what you can take both on the upside and downside and how you’re going to deal with it.

PAYNE: I’ve got to ask you guys about earnings season. Let’s go to next week because we talked a lot about this week Squid Games, the hottest thing in the world. Will that make Netflix a buy before the earnings? Scott, would you be in this stock?

MARTIN: We already own it, man, and I got chastised and raked over the coals in May when we took it out of our managed stock portfolios in favour of Amazon. So we took out Amazon, which was taboo to ever sell and bought Netflix. Let’s look at the chart. That was actually a pretty good move. You know what’s funny, too? I don’t like Squid Games. I know I’m getting a ton of hate mail about it. I don’t think it’s that good. But I think a lot of their other content is geared. Charles. Sub numbers should look pretty good this past quarter. And so I like Netflix here going forward, especially into Q4.

PAYNE: Rob, are you? Are you? Would you be a buyer or owner? And if not, would it be like right now, Rob, what’s a fresh idea since we spoke last?

LUNA: Yeah, I mean, I think Scott’s a better stock picker than he is media critic. I think that’s a great game, a great show. I’ve been binge watching it for the last week. You know, I think you’ll look the fangs reporting next week. All of these companies are good long term holds, not trading around them. What I wanted to bring, though I knew it was coming up against some heat with the market bros I wanted to bring a fresh idea. That idea today is simple. Tigr, tigr, it’s up. Fintech. Look, there’s some controversy surrounding this. It’s a Chinese based company. A lot of online brokerage fintech, right? Take a look at this, though a big move into the US stocks down 30 percent in the last five years.

PAYNE: Take a look. I’ve got an admission. I’m in it with my subscribers and we are getting shellacked, so I’m so happy someone else is getting in there. And by the way, another admission I want you, Scott. I watched half an episode of Squid Games. Let’s say people may love it. I’m going to give it another shot over the weekend. And I do like Netflix. Guys have a great weekend.

3:54

CIO Scott Martin Interviewed on Fox News 10.8.21

Kingsview CIO Scott Martin discusses gold’s recent performance, plus the rise of cryptocurrency and its potential volatility.

Program: Making Money with Charles Payne
Date: 10/8/2021
Station: Fox Business News
Time: 2:00PM

CHARLES PAYNE: So all the record books say that it was the month of October, twenty twenty one when the Crown was officially passed to bitcoin and crypto from gold and silver. Now, according to J.P. Morgan, there right now three main drivers for bitcoin’s remarkable October to remember. So I want to get the read from Scott Martin and Meltem Demirors and Scott. Let me go to you, my man, because apparently institutions now see bitcoin as a better inflation hedge than gold. You’ve championed gold on this show for a long time. Is it time to throw in the towel?

SCOTT MARTIN: I have Charles, and I’m holding back tears doing this, but I’m good at doing that, so I won’t cry. I promised myself I would cry. We sold the gold today. I can’t believe it, and that was based on several factors, not because of what some of these institutions are doing, because those are not the guys to follow. In my opinion, as an independent adviser and one that manages ETFs and such. But the reality is this Charles, because of some recent data and certainly the performance of our friend Jld and some of the other ETFs that are out there in the gold space, it just hasn’t been there. As far as the non correlation in some of the upside capture. So while I don’t think that answer is as is the bitcoins or the theorems or the Solana’s, the reality is gold is just not handling itself very well as that alternative asset space in our portfolios right now. So I just think gold is not the thing to hold right now. I don’t think some of the bitcoin stuff is right, either, if that’s what you’re looking to replace it with.

PAYNE: OK, so Milton, Meltem, in the meantime, institutional investors are rushing in like gangbusters venture capitalists. I read where Mark Andresen shopped. The funding has gone through the roof from hundreds of millions to billions. So at least are the credibility questions over right now. Do you feel like as someone who’s championed this space, you took a lot of slings and arrows from these famous international types that you can finally say, OK, don’t question that credibility anymore?

MELTEM DEMIRORIS: Yeah, look, Scott, I’ll take the W all day. I’m sorry, but I’ll take the W. I think we are definitely at the point one percent of global aum across all asset classes is now in crypto. Of that, 50 percent is bitcoin and 50 percent is everything else. Crypto is here. 20 percent of Americans own bitcoin. This is no longer a fringe asset class. This is a diverse asset category that has publicly listed equities, including my company CoinShares. We have ETFs with exposure to equity. We’ve ETPs with exposure to digital assets themselves. We have the coin, so we have venture funds, we have SPACs. It is a growing and really robust category and I’m really excited about the opportunity ahead. We see a lot of opportunity for growth. And as we like to say in the industry, Q4 is the start of the madness. We’re calling it up tober, by the way, Charles. So this is not October, it’s uOtober.

SCOTT MARTIN: Just be ready for the volatility.

DEMIRORS: Hey, that’s the price of opportunity- price of opportunities, the volatility,

MARTIN: But different from alternatives of yesteryear, in my opinion, but no problem.

PAYNE: All right, so, so real quick, then I’m going to come back to you, Scott, but I do want to squeeze in with Meltem. The NFT is worthy. They stand there also having a pretty strong month there up Tobar as well.

DEMIRORS: Yes. I mean, yeah, I’ll talk about NFT’s, so yeah. Look, I think, you know, people love buying luxury goods. LVMH with a $400 billion company and they produce artificial scarcity, right? People buy handbags, people buy expensive cars, watches and have to use our digital flex right. For people like me, I spend all of my time on my laptop. I don’t need Chanel bags. I need digital flex. And so I think NFT is in many ways are filling this interesting new niche as we enter the so-called metaverse as we live increasingly online. We need different ways to sort of flex online. Right now, NFTs are very much focused on art and sort of displaying our unique clothes. We’re also calling them IS or profile photo NFTs, but are also seeing games using NFTs, luxury brands using NFTs. And I think it’s still a really early space, but want again where there’s tremendous growth for multiple different types of opportunities, whether it’s new brands, legacy brands, lot of space.

PAYNE: Let me only go. Got 30 seconds. I’m going to give Scott the last word, Scott. She mentioned the metaverse. You know, flossing on the metaverse. It sounds like you and me are going to be stuck outside the metaverse fishing. I mean, you’re going to jump at any of that stuff. Maybe some of these equity is riot, MHRA, Coinbase. Anyways, you’re going to get exposure to this space.

MARTIN: Yeah, we have some clients that have some of the riot, some of the DLC blockchain, and I think those are those are good if that’s the exposure you want. I also agree with Meltem, though you need exposure to the coins through Coinbase. You can actually trade the exact coins. And one quick point on the NFT, you can’t bring it in in stores and steal them, Gucci and all those. At least they’re unpreventable that way.

PAYNE: We got to leave it there. I’m handing it over to Lauren Simonetti Lauren to see.

4:57

CIO Scott Martin Interviewed on Fox Business News Tonight 10.7.21

Kingsview CIO Scott Martin discusses wage inflation, the choices companies are facing, and the push toward green energy.

Program: Fox Business Tonight
Date: 10/7/2021
Station: Fox Business News
Time: 5:00PM

BRIAN BRENBERG: Inflation burning a hole in Americans wallets, more companies raising prices on consumers. You know, stuff like burritos, washing machines, chips, soda pop, all increasing in cost here now. Scott Martin of Kingsview Wealth Management, a big soda pop drinker, he’s also a Fox Business contributor. Scott, great to see you, my friend. Look, I want to go to this data. This has been the story all along. We’ve heard, Hey, don’t worry. The labor shortages aren’t going to get passed on to consumers. Don’t worry, the supply chain problem is not going to get passed on to consumers. Scott consumers are getting nailed.

SCOTT MARTIN: Yes, and don’t worry, the government knows best. They know what to give the American people so that they go back to work eventually, which they’re not doing, and I think that’s one of the big issues, Brian, is that a lot of the folks that are going back to work, God bless them, are requiring more pay because the government subsidize them so well over the course of them not being employed. That is one thing that’s showing up big. I think that’s one of the risks here is looking at the wage inflation numbers that we’re starting to see now that the job market is starting to at least act more normally so that companies have one or two choices, either they pay their workers more and have less profit or in the case of workers that come in and earn more wage, they have to raise prices. And so the effect is going to be a little bit detrimental to the economy, especially as we come out of this.

BRENBERG: Yeah, you get that spiraling effect. Look, I got a bigger paycheck. That’s great. I go to the store. I used to spend seventy dollars a week on grocery now. Now I’m spending one hundred and twenty dollars. I’m sitting there last night talking to my wife over dinner, and she’s explaining to me how this meal costs like 30 percent more than it did six months ago. Scott, the average family’s paying one hundred and seventy five dollars more a month in prices. Because of this, this economy cannot thrive on that kind of inflation.

MARTIN: I agree, and I can’t thrive either, because I can’t even get my wife to have dinner with me, so so kudos to you on that, let alone how much it cost no matter the cost. The funny thing to Brian is we’re seeing this inflation kind of pervasive in every area. I mean, you look at food prices, you look at cost of transport things, you look at gasoline, all these things that are out there now that are really a shock to this system. And what’s funny to me, though, the reason it feels so bad is because we did have it pretty darn good for the last eight years or even the last 10 coming out of the financial crisis. I mean, we’re in basically a deflation or lets say and non-inflationary environment. So when prices do start to go up as they are now because of the wages, because of the fact that we have a scarcity of materials, it feels a little bit worse than maybe it normally would have.

BRENBERG: We had we had basically no inflation, we had wages going up. We had abundant jobs. That was good. But Scott, take this all the way back. This is really, to me, a story of oil and energy. Dagen made the point earlier day one. Keystone Pipeline You look at every issue affecting the economy. You can trace it back to what’s happening with energy.

MARTIN: You sure can, and you can trace it back to government policy on green energy and the fact that, you know, AOC and the crew all the way up to Biden have totally made this huge push towards green energy, which is very expensive and not part of our complete fabric. So you’re talking about the reliance on less fossil fuels and now this push towards green energy, which frankly, is just costing the country too much. And you’re right, it’s spreading across everywhere, except my friend is, you know, very well and Kirk Cousins passing stats. I mean, we want real inflation. Let’s get his numbers up.

BRENBERG: Only place I want to see inflation right now is the point that the Vikings put on the board and they cannot get it done. But Scott, look, this is we talk about the debt ceiling. You talk about spending, Scott, you talk about inflation. We have got the wrong prescription. The Vikings got the wrong prescription for what’s going on. We’ve got the wrong prescription for this economy. You always have the right prescription. Scott Martin, thank you for being with

MARTIN: The Doctors in here, buddy.

3:54

CIO Scott Martin Interviewed on Fox Business News 10.7.21

Kingsview CIO Scott Martin discusses food inflation, employment and whether the job market may be normalizing.

Program: Your World with Cavuto
Date: 10/7/2021
Station: Fox Business News
Time: 4:00PM

NEIL CAVUTO: Forget about not even born, I mean, you don’t he doesn’t even remember a bear market, that’s next guy. Scott Martin Fox Business Contributor But again, an uncanny read of these markets for a young whippersnapper, Scott. You know, they’re mentioning the inflation word again and they’re saying, you know, be prepared for it sticking around a while. Are you in that camp?

SCOTT MARTIN: In parts of that camp, Neil, I think the gasoline concerns are definitely there and going to stay there, the food and some of the materials, I’m not so sure now. It’s funny the things that Lydia was talking about, Neil. It’s kind of things that we should probably be eating less of anyway. So maybe the inflation is doing a favor for us. I mean, personal story. I may or may not have brought some Golden Oreos with me to the studio today. You never know. The point is, you go to the store now, man used to be able to buy those Golden Oreos in the pack, and they had about sixty in them, for about you know, five bucks or something. Now you’re down to about 40 for a higher price. We probably don’t need to be eating 60 of those things anyway in a setting. So for my sake, some of the food inflation might actually maybe force us to make some healthier choices. Oh my gosh.

CAVUTO: Well, I don’t don’t go nuts here, but I don’t relate to this because, you know, I haven’t noticed the same run-up in prices in arugula, but you could be right. Yeah. But you know, I’m wondering because when inflation takes hold, it has a devil of the time sort of easing back. And we saw that from the 70s experience. Not that I think that that is necessarily the case now. But what do you look for that would at least get you thinking maybe this is more of a problem than I thought?

MARTIN: I think the secret Neil lies in the job market. I think it basically pans itself out in wage inflation because our good buddy, Milton Friedman, who yes, I’ve read about didn’t actually get a chance to meet him, which was the old talk of saying, you know, inflation is basically a monetary phenomenon. It’s too much money chasing too few of goods. We definitely have to feel good. I mean that that’s evident everywhere around the country today. But the wage thing that too much money chasing those goods may or may not be really the case here. So I think until that pans out to where we have both sides of those things fighting it out, I think that’s why I still think Jay Powell has it right. I think a lot of this stuff is transitory. It’s probably lasting a little bit longer than a lot of folks predicted. But we’re going to start to see we’ve got a jobs number tomorrow. I’m going to start to see those wage numbers, I believe calmed down as the job market maybe normalizes here.

CAVUTO: All right. We’ll see what happens. Scott Martin, great catching up with you and great relying on the expertise these last few years here, even though you weren’t alive when we started. But it’s good. Good that you’re alive right now.

2:38