SPACES APES πŸ’ŽπŸ™Œ
AMC STOCK IS MAKING MOVES πŸš€πŸš€πŸš€
This is a portfolio update, quick breakdown of what happened in the market today, what I'll personally be watching tomorrow, and an explanation of why I'm VERY bullish on AMC Stock.
Let me know your thoughts on AMC in a comment below!
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Video Topics:
amc, amc stock, amc stock prediction, amc live, amc short squeeze, amc stock live, amc stock analysis, amc stock update, amc stock today, telsa, tesla stock, tsla, tesla stock prediction, tesla stock analysis, tesla stock 2021, tesla stock today, tesla crash, cciv, cciv stock, riot, riot stock, matt kohrs, matt kors, treys trades, chris sain, stock moe, investing, trading, stock market, robinhood investing for beginners, robinhood investing, robinhood options trading, stocks

What's going on moon gang, my name is matt, and this channel is all about stocks trading and investing in this video i'll be giving an update on the public portfolio i'll, be letting you know what i'll specifically be looking for in the market tomorrow and finally, i'll Be explaining why i'm very excited for what i'm seeing in amc stock, but before we get into all that, don't forget to join up with the moon gang by hitting the subscribe button. I'm on my way to hitting 100 000 subscribers and your help with hitting that milestone would be truly appreciated. Alrighty, let's hop into it. So, as you can see on the screen now, the public portfolio took a massive hit today.

In fact, when the market ended today, the account was down 34. At one point, it was actually up as high as 2.5 thousand dollars and i got completely demolished. The reason for that is i had call options on cciv. They were severely down.

I had call options on riot, i sold those they were severely down. I have call options on palantir they're very much down and what made it worse was. I did have some put options on tesla and they did phenomenal this morning around 9 15. This morning they were up 286 percent.

In the end, i sold one yesterday to cover the cost of the the position. I've been swinging, the other one so granted. It is still up by two and a half thousand dollars, but i basically let seven thousand dollars worth of profit disappear into the ether i'll make sure to take a look at tesla's chart. So i can better explain: what's going on with that, other than that i really haven't made any changes.

I did buy some put options on the s. P 500 uh strike price of 370 expiration date of not this friday, but next friday march 5th. I have 10 of them at 260. right now, i'm down 55 percent, but um i'll i'll, explain why i did it.

I still think there's a chance of them actually going into profit. I'm not saying it's a high chance, but i don't think uh all hope is completely lost at this moment in time. So as for tomorrow, let me switch over to the chart to explain what i'll be looking for. The first main thing i'll be looking for is to see what happens in the s p.

500. The s p 500 is an etf that tracks 500 of the biggest companies in the us, and this is a look at its daily chart for quite a while. It was in this upward channel, which, in the world of technical analysis, is also referred to as a bear flag. You heard me right: it's called a bear flag because they commonly break downward, so uh granted.

There were three times previously where it tried to break downward and the bulls pushed it right back up into it. So today, when i saw that the market was opening up below it, i think i got a little overzealous and i bought these put options. Thinking that it would continue to sell off, but then, if you had, if you were listening to jerome powell, the fed chair speak at all. He was very, very bullish on what he will do for the stock market, and i think people got pretty excited about that and they just bought the dip um.
I mean at one point that was even trending on twitter, so um the market did close right above this trendline, so in terms of the overall stock market. This is what i'll be looking for tomorrow to see if it can hold in this channel, if it doesn't hold it in this channel, i'm going to keep my put options on tesla and on the s p, 500, or if it gets back up into it. I'll cut it for a loss and then see if i could play a rebound bullish play back to the top end of this channel around the 400 price level. So that's the main thing i'll be looking in for the overall market in terms of tesla tesla's been hit pretty bad.

Recently, i bought the put option. The two put options when i saw a breakdown of this trend line, i sold one at the end of the day yesterday to lock in some profits. Today we went as low as 620 and then people were buying it back up. In fact, kathy wood of arkhamvest said that they bought quote unquote a lot of tesla today.

So i'm interested to see in this action because there's been a lot of movement in general in the ev market, kneels down quite a bit uh, you could see the selloff in neo right now, it's kind of in no man's land. There is resistance at 50.. There's support at today's low of 42 there's more support at 40. right now, i'm just waiting to see how that one develops.

But, more importantly, yesterday, when the market closed, the merger between lucid motors and cciv was announced. The valuation for lucid motors was double what people expected and there's a great neat kevin video explaining why the high valuation puts the stock down. So i'm going to refer you to that, but basically massive massive gap down in terms of support. I would recommend paying close attention to 28 in terms of resistance, we're pretty close to one at 36..

Eventually, i think this gap will be filled. It might take some time, but overall, my long-term thesis on cciv is still a bullish one. I plan on holding my shares. I don't know if those call options will ever go back into the money.

I have mid march for 60 dollars, i'm not feeling the best about it to be completely honest with you, but i'm feeling pretty good in the long term about my shares. The other big piece of news today related to workhorse uh last mile delivery, ev company, a lot of people were expecting workhorse to be the winner of the usps contract. It was announced today that not only did they not win it, but they didn't even get a portion of it. Instead that all went to oshkosh that tr another company that trades under the ticker osk.

That actually did pretty well today, but because i mean, as you can see, workhorse was down 47 got absolutely demolished today. So i'm going to throw that on the watch list just to see if people are going to continue to panic, sale it or if it's going to finally bounce so throw that on your watch list. But just so you know that's what happened with workhorse. They didn't get a part of the usps contract and it got completely demolished all right now, let's switch gears to something a bit more positive.
Let's talk about amc so for those of you who missed yesterday's update video um, it was announced that movie theaters in new york city will be opening on march 5th at 25 capacity granted. This will have a massive impact on amc's bottom line, but overall it is bullish sentiment. It seems like we are returning to a new normal. This is good, and so i was very very excited for amc yesterday, because i was calling for a technical breakout above 6.

50., it got above that and what's even better, is it held today and then it tracked up to the next technical resistance at 7 40 and we closed above that. This is great great technical developments, i'm very excited. As long as 740 can hold, i mean we're seeing a nice bike, i mean the market as a whole, had a very rough day and amc ended up gaining 17.5 percent. Amc was showing a lot of relative strength relative to the overall market, which is amazing, so keep that in mind.

Amc is acting very, very bullish. We were able to close above this support, which became resistance at 740 750. As long as this can hold, my next target is mainly 840. Yes, i'm expecting a little bit of a hiccup at that key psychological of 8, but just so you know in terms of technical analysis, the main price level i will be watching is 8.40.

I think that amc will track up to this 8. 8 8, 40 region way way sooner rather than later, so make sure you're watching that in the market tomorrow also in general. Just so you know, i'm definitely bullish on it, but i forgot to do a quick recap on bitcoin uh bitcoin selling off this is the four-hour chart on bitcoin absolutely got demolished pushed through this wedge, but it looks like it's kind of basing around 45 000, which Is similar to the base that we saw in early february, i'm seeing a lot of people on social media make calling for this to be a buy the dip opportunity. So i wouldn't be surprised if it just kind of cools off a bit here - maybe trades a bit sideway and i'm expecting bitcoin as a whole and really most of the these major cryptos to eventually start tracking back upward.

So these are the main things i'll be watching for tomorrow. Evie will most likely have a wild day, make sure you're paying attention to the overall market. There was a technical breakdown, but keep your eyes on amc. It's showing a lot of relative strength.

There's quite a few things to be excited about, for amc overall, make sure you're minding your risk, because we don't want the the market to get out of hand with that technical breakdown. So please, please respect your own risk levels. Don't forget to hit the subscribe button. If you want to stay up to date with the moon gang, we do clips like this every day and we also live stream when the markets open.
All you have to do is hit that subscribe button and don't forget to go over to that bell, icon and switch it to always. So you don't miss any of those notifications, thanks for spending a portion of your day with me and as always best of luck in the markets, you.

29 thoughts on “Amc stock is making moves portfolio update, trade review watchlist”
  1. Avataaar/Circle Created with python_avatars Sam Davies says:

    can anyone help me please I want to get the duck top that matt wears for my husband but can't find it or a pic of it anywhere. @mattkohrs

  2. Avataaar/Circle Created with python_avatars vsonic86 says:

    It took you 6 minutes until you talk about AMC?

  3. Avataaar/Circle Created with python_avatars Charles Wolf says:

    Buy SONM today!!! And hold 4 weeks, the more you invest today at low price the more you profit in coming weeks.
    No need for trading!
    like planting a seed, LET it GROW 🌱

  4. Avataaar/Circle Created with python_avatars Vani XIII says:

    Just queued up buying 10 more shares of amc just a baby ape here trying to turn my coal hands diamond…if my 10 shares go through ill only be holding 20 at roughly 7.60 average but you can bet your ass Ill hold those 20 shares like Simo Hayha and his 30 or so troops holding off 400,000 Soviets during the Winter War…

  5. Avataaar/Circle Created with python_avatars QTUMPILL says:

    Bee: quantumpill
    Spotter: quantum
    πŸš€

  6. Avataaar/Circle Created with python_avatars Billy Bob Joe says:

    Its only using 25% of its full power

  7. Avataaar/Circle Created with python_avatars SWFL Scratcher says:

    Robinhood would not let me take profits today, tried to scalp AMC today at $7.35 Robinhood partially filled my order for .80 shares and did not fill the rest of the sale until it hit $6.45… then tried to buy double at $6.25 partially filled 2 shares didn’t fill the rest until it was $7.40 costing me $244… Fu@K Robinhood

  8. Avataaar/Circle Created with python_avatars Delano Gordon says:

    I wish I had bought more when they were still at 5

  9. Avataaar/Circle Created with python_avatars Eduardo Hernandez says:

    You think AMC will still be held strong until the end of March? King Kong vs Godzilla in theaters could fill seats on the 31st and boost up AMC

  10. Avataaar/Circle Created with python_avatars Berry says:

    AMC to the moon!!!!!!

  11. Avataaar/Circle Created with python_avatars Louis HODL says:

    Holding and buying more

  12. Avataaar/Circle Created with python_avatars David says:

    What a crazy day today was. Don't let this meme portfolio die, just umm inverse your plays and listen to chat more often. Set goals. Let's reach $100k!

  13. Avataaar/Circle Created with python_avatars NAg Phillips says:

    I really enjoy your show. I have an ideal. In the dead space could you go over basic and examples of what your talking about for newbies. I saw you sell that put yesterday and you said it would cover you and this one was just profit. Why did you buy 2 puts and not one call and one put to cover yourself?

  14. Avataaar/Circle Created with python_avatars Biff Bifford says:

    Great job Matt, I enjoy your daily reality trading show. I remember when I was a kid learning trading techniques and especially the psychology of the trade. You are playing an essential role for people trying to negotiate a basic understanding of technical analysis. Keep up the great work, but don't forget to live a little. I lost 10 years of my life consumed with making money. You're young. Be young and give yourself time to do the things young people do. God bless.

    Biff

  15. Avataaar/Circle Created with python_avatars Vibez says:

    A β€œput option” on the S&P is like the guy who bets against the roller in craps. Lol. Nobody wants that guy to win.

  16. Avataaar/Circle Created with python_avatars Michael Toppo says:

    Like your content
    Thank you for sharing your options strategies, helps a lot. Will be following

  17. Avataaar/Circle Created with python_avatars Striker163 says:

    Still holding 200 at 15.

  18. Avataaar/Circle Created with python_avatars Big-Brad lol says:

    Tell everyone tweet.. reddit .. spread it make it the biggest on media. Help support the push .. load up an hold

  19. Avataaar/Circle Created with python_avatars Big-Brad lol says:

    If everyone buys the shares being shorted and holds it will explode.. buy an hold. Friday is going to be crazy….

  20. Avataaar/Circle Created with python_avatars Benn Bann says:

    will amc go to 20+ ??

  21. Avataaar/Circle Created with python_avatars Max Hanover says:

    Loving that new intro

  22. Avataaar/Circle Created with python_avatars Nicholas Khan says:

    EVERYONE, put your playback speed on 1.25 and listen to that introπŸ”₯πŸ”₯πŸ”₯

  23. Avataaar/Circle Created with python_avatars I K says:

    HOLDING AND BUYING MORE

  24. Avataaar/Circle Created with python_avatars Mayra Delgado says:

    Hopefully we go to the moon soon!! πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

  25. Avataaar/Circle Created with python_avatars TorNatoTato says:

    As always what brought me here and keeps me around being new and seeing so many different channels. You are open an honest with people on their positions and more importantly on your own. You have that right level of hype, trends, lingo etc to still grab people but unlike the majority who do all that, you actually have great honest content. I have also learned a ton about technical analysis and stocks overall just by watching your videos. I appreciate it and keep up the awesome vids brotha!

  26. Avataaar/Circle Created with python_avatars EZ PZ says:

    I luv me some AMC!!!

  27. Avataaar/Circle Created with python_avatars christian arce says:

    I just hurt my finger smashing the like πŸ‘ bottom

  28. Avataaar/Circle Created with python_avatars Manifestation Portal says:

    Amc going to 10$+ soon with the theaters that will be opening soon

  29. Avataaar/Circle Created with python_avatars Matt Kohrs says:

    AMC TO THE MOOOOOOOOON!

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