Do so so so gang we are back at it again. Folks, we are back at it again. Uh attention attention astronauts in the cafeteria. Please pay attention.

We are here for power hour and things are interesting, but matt, but matt, but matt but matt. Why are they interesting? Well, i'm seeing that the spy, the cues and the russell are all in the red, but you know what's not in the rem, amc and gme gme is up 6 amc's up 4.5. I don't know what i'm doing with my tesla trade. I never cut it.

I just i. If, i'm being honest, i had a crazy busy day between the morning stream. I had to talk to some data providers. I had to talk to myself when i did the crypto stream.

I just did an interview with charles payne um, i'm sure there'll be a clip of that somewhere. Live um i'll have to talk to my editor, but i'm sure that's going to end up on coors light like it might be up there now. Actually, if i check but yeah, if you want to see the interview with payne that just came out lots of stuff going on and then we also have one more interview for you this evening, one more it's a busy busy busy day. Uh three shows two interviews and i don't know what did i have for lunch: a plate of pasta.

That's my day, that's been my tuesday. That's how everyone gets ready for these fed days. These fat announcements is three shows two interviews, a plate of pasta and a whole heaping an entire heaping of anxiety. That's how i like to do it.

That is exactly how i like to do it uh charles gas bag. Rain out, was spreading fud again on fox. Well, that's what he does. I mean that's whatever like he he's my form of comedy he's, not my form of like intellectual based market insight.

If i want to laugh, i watch things from gasparino um. Let's sometimes you need to consider the the core like the source. Consider the source and see what's going on, but man super bummed out that charles payne is still like kind of being locked out of his twitter account. He hasn't done anything from early december almost 10 days ago, a week and a half ago.

That's rough man! That's rough ruff-ruff uh! I don't quit quite understand like what's going on there, but hey: hey, hey, hey all right before we get into all this, all the good, the bad, the in-between the technicals. All that i would uh very much appreciate it, no matter where you're watching uh, if you're on rumble, if you could hit that plus button, that royal rumble button if you're on youtube. If you could destroy that, like uh, there's two thousand people in here there's no reason we can't have five thousand likes just make an account, make an account dark, pull your like option. You're, like synthetic dr synthetically drop all the likes that you have in front of you uh very much appreciate it.

I don't think you can like on twitter, so while everyone else is liking on rumble and on youtube, if you happen to be watching on not twitter on twitch, if you're watching on twitch, just just asking for some good vibes, just kick back, relax enjoy the show And twitch twitch isn't in charge of the good vibes today. Let's put it that way, twitch isn't in charge of the good vibes uh. What else do we have? Okay, amc, looking good, it's pushing that 25 25 was yesterday support. It is now resistance.

Let's pay attention to it. Hopefully we can get that break gme once again tapping 148. Earlier today we got very close to 150. I am watching 150.

tesla is ripping from me. Am i back in the positive remember when i had that entire that entire? I don't know when i like showed you how my therapy session's going um that 10 of luck, that i thought i didn't have - maybe i'll get lucky and it'll come back nope, i'm still down on the play, i'm currently down 7 on that tesla play still have It still still have it: uh cool, make sure you hydrate shut out. Jay brown, jay brown. I just want to let you know um.

I got your message and i'm moving my schedule around. So hopefully i could participate uh tomorrow with you. I just want to let you know that uh lots and lots of things going on. I just need to do a little bit of schedule, rebalancing um! So, let's, let's get into some specifics.

So as of now, amc is estimated to have a short interest just below 20 19.4 percent. Gamestop is estimated to have a short interest just below 15 14.8. Just so you know in terms of the overall market very very weird day. Sometimes, when you see action like this, with basically the opening in the close being very, very close, but yet there's still a range in the bar.

Sometimes this is indicative of a change of trend, and now the question is like: well: what trend is it changing? Is it changing the overall up? Is it changing the reason up? Is it changing the recent down? Yes, these types of bars can be trend reversals, but then my question is just like: well, what trend are you reversing now? I want to point out that there was some bullish divergence in the 15 minute, the 10 minute to five minute on the spy. This was a nice, buy the 461 50 breakout that was signaling to kind of go along on various technical parameters. That happened around 2pm um, but it came down, came down. You see, bullish divergence, you get the pop over technical resistance at 461 and a half and since then, you're already up what a dollar and a half not a bad deal whatsoever in terms of the cues very similar scenario.

In terms of iwm similar scenario, it had a stronger morning and the reaction right now is a little bit muted, but overall, it is down the least in like on a relative basis to these three major indices that we pay attention to in terms of amc. We're looking for the break above 25 um, it's been rough, it's been rough so, on the year, amc is still up a thousand percent, but ever since this thing really started selling off uh november 16th until this moment we're down 42. That's rough, i'm not here to sugarcoat it for you, because it's the truth, i'm not here to somehow beat around the bush when it comes to straight up fact. What i am here to point out is additional divergence.

So if you look at the action on december 1st to the 14th, obviously the stock has gone lower, but the momentum hasn't. We haven't seen as much bearish divergence as in there is less bearish momentum. Now, aka more bullish momentum, aka more apis momentum here than there was relative to the start of the month. So from a technical perspective, if i didn't know about amc at all, if someone just brought up this random ticker to me and said, what do you think is going on, i would say it looks like buyers might finally be stepping up, and i would like to See the confirmation of it getting back above 27 ish big capital-ish right there in terms of gamestop, not the exact same scenario, we're not seeing bullish, diversions, the rsi just didn't play out that way, but this one has a bit of a perfect downward channel, also referred To as a bull flag, so we're gon na see if it can get out of the top side of this channel.

You could draw that. However, you want whatever way makes you feel like particularly better about yourself. I would roughly draw it there and let me get rid of some of these previous ones just so it's a little bit more visible, but this top trend line i'm today if it were to happen 155 tomorrow, 152. 153.

Those are the levels i'm watching on gme. In terms of prog, not much has been going on ever since it's it tried to break out of its bull flag. We had this downward channel, we had some excitement on december 6th and since then it's been kind of flat. So not really going up not really going down, not much of a trend, i'm still in prague and obviously amc and jimmy this one i'm waiting waiting waiting.

I just think it's fundamentally undervalued, lucid, finally, catching a bid, if you have been waiting for the lucid train, now might be your opportunity to buy yourself a ticket, because your risk is very well defined. You can risk somewhere between 34 36, that two dollar range you're. Getting in at 41 so you're risking about five six dollars, and maybe you want to ride it back up to 56, which would be a 15 game, maybe you're going to write it up and look for that breakout, but overall you're always measuring out your risk reward. I would personally risk somewhere between 30 30 4 36.

Excuse me and look for that, follow through and the push back higher in terms of tesla wait. What the is going on. Tesla holy, hang on hold the phone folks. I think i'm making money no way.

I sold i locked in those profits that the the order the 20 gain. I said earlier this morning. It just got executed, orders um yeah. I got in i got in at 15.50 and i just got ta fill at 1810..

I got a nice 20 gain in out. I told you, i told you, i told you best, tesla trader on this side of the mississippi. A lot of you all day were probably sitting there saying but matt. You didn't follow your training plan, but matt.

You basically had a mental breakdown and explained to your fictitious therapist, your very legitimate problems, and then, after that, you're now bragging the fact that you only got out by a pure stroke of luck at the end of the day, you're darn too, in team. Of course, i'm gon na do that hey. Would i rather be skillful or lucky? Of course i would rather be lucky and you just saw it. It's not my fault.

You can't sue me because i'm one of the luckiest traders on the planet that in itself could be a skill set of just my pure luck. I just crushed it 20 best tesla trader on this side of the mississippi that side of the mississippi, crushing it crushing it, crushing it crushing it um. I never doubted it for a second, i never even you're going to be re-watching some of that morning, stream and you're going to say i don't know matt, it seems like you were very much doubting it and it seems like you, made a bad trade and you're Getting lucky now and you might be instilling bad trading habits to think that you could just let something go against you and then just pray and throw a hail mary that it comes back. Um.

To that i would retort dude you're harsh in my vibe man. You really you're really harshing my vibe on that one. Damn like that's just some like hardcore truth. I don't know if i really want to talk about that right now.

Let's move on a little bit, rivian flat kind of boring apple. Uh almost yesterday became a three trillion dollar company. It was off, it was off by a little bit and then it ended up selling off with the overall market, but today sold off went up now similar to the spy. Look at these charts.

Look at the daily charts very, very similar, so i wonder if this is just a little bit of a breather before it finally hits that three trillion market cap nvidia, finally, hopefully bouncing uh, didn't really gap fill yet. I was curious about the gap fill at 260. 7268, my best assumption is: maybe pelosi was tied up with the debt ceiling discussion and now she finally realized that nvidia's going down so she's going back to work to uh pump. This thing to kingdom come, i hope.

So if i start to see this pump um i'm going to be 100 in it today, robin hood hit a new all-time low of 18.42 for those of you keeping track from its debut on the market. Until this very moment it is down 50 from its all-time high. It is down 77 76. I do find this interesting in terms of media in terms of all this stuff going on.

No one has issues of pointing out how much amc and jimmy are down from their all-time high. In fact, they love to hark on it, but the same people who this entire time pumped robin hood, what they're going to sweep that under the rug. They think that me, a person who potentially's mental health is questionable, is gon na. Let them forget that they all pumped this and said bye, bye, bye, it's the best thing ever.

They think that i'm gon na. Let them forget that they think that i'm mature enough to get over my generic level of pettiness to let them forget that they all told us. This is one of the best buys and you better get in a company whose entire business model is currently on. The ropes from a government standpoint, the exact same company who burned 1.3 billion dollars last quarter and really seemingly has no way to dig itself out of that hole that company that was pumped to us, that is literally the dumpster fire of a company.

They think i'm gon na forget that they think you're gon na forget that they want to sweep it under the rug. They would love to sweep that under the rug. Thankfully, for them, i have nothing else better to do with my time. They might have lives.

They might have engagement, but no, i can sit here day over day. Time is on my side and what's better than that, the truth is also on all of our side. Mateo. This is for shots and giggles shout out shout out shout out: uh matt, i own 1 500 shares of aercc and went down about at about 15 average.

Please go into detail. How much longer can it go? What support please look into it aerc! Well, i mean not to be facetious here. How much farther could it go? It could go to zero um and in terms of support from a technical perspective. I don't know because it's at a new all-time low, so you're letting price discovery play itself out um if you're looking for maybe a different base, look at how much money they have like on their balance sheet because typically you're not going to go below.

Obviously your the cash you have relative to how many shares there are you'd have to do that. Quick, computation, um, but i don't know much about it. I just know it hit a new all-time low uh you got in at 15. uh.

So what happened with this? It went from 38 to 117 down to 10. aeroclean. You got in at 15., so you were buying in on the dip the dip, so you got in. I don't know somewhere back here uh.

It seems like a really tough play. This would not be my type of play at all and in terms of level of support, i don't know i like i. I don't think anyone would know talk about tesler bryant, so you're basically saying talk about myself. Brendan reminds me of gene from true story.

Netflix festive seasonal, matt, young, listen shout out what's going on, man hope you're having a good one. What up matt hope life is treating you well outside of stonks hope. This buys you a glass of sangria and a box of cheez-its. It's the little things um yeah! It is the little things it is it is, it is, and i think that's some of the things that our community in general needs to remind ourselves of uh think about a year ago, we weren't anything a year ago.

This community did not exist. A year ago. Um, so sometimes you have to take a step back, take stock and are we at the absurd levels that we all desire to be at? No, i'm not, of course not, but every journey starts with a step, and we just got to keep our heads down and keep trucking forward six-month chart. What do you think about sbea this back? That takes black rifle coffee s-b-e-a, so some of the charting when it comes to specs, don't really matter whatsoever just because spax they it's a blank check company, that's going to sit at 10 um.

It looks like upon the announcement. There was a lot of excitement. It shot up to 14. since then it sold off.

So the the chart is boring. The short the chart is sideways, so really what i would do if i had interest in that play, i would try to do a fundamental dive into black rifle coffee, see their their growth. Um, see how many people are consuming. It see order some of the product yourself.

Do you like it better than other coffee companies that one the black rifle coffee company play is much. I would say at this point: it's not a technical play. You would, if you're interested in it. It would be more of a fundamental play all right.

Where else are we at? Where else are we? Where else are we shout out, shout out shout out uh? How much of this volume slash run up is short, taking profits uh, we will not know the earliest. You would definitively know that information is in two days, because whenever you cover a short, it takes two days to return those shares. That would be once again the earliest. We will know that on december 16th, we can use ortex as our tool set right now, there's literally no way to know people will try to cite short volume.

That's a pet peeve of mine, because short volume is not useful. The only manner short volume is useful, like if you're on something like i borrow desk, or i don't know, fintel the these data sources that give you short volume. The only utility i find of it is the trend of the numbers. I don't care about the magnitude of the numbers, but day over day.

Is it staying consistent? Is it getting bigger? Is it getting smaller? I care about the trend over multiple days. I in no way care about singular data points, and i in no way care about magnitude but matt, santa hat guy. Why don't you care about short volume? I thought we care about shorts. That's a great great point.

The issue with short volume is it's referred to as dirty data. It includes short volume like legitimate shorts that you're thinking about, but it also includes market makers and other high frequency traders and people that are in and out before. You can physically blink your eye as in not a legitimate short to the. I guess definition that we think of it short volume is dirty data because it includes legitimate shorts and then also market makers, high frequency traders that are in and out in fractions of a second, and they are not it's not truly a bearish bet, sometimes they're.

Just attempting to provide liquidity so because of that, sometimes you could assume that the proportionate breakdown of that is roughly the same. Hence why i find some a little bit of utility in using those data points over various days and looking for the trend, but do not use short volume ever in terms of the magnitude. It doesn't make sense you're not going to get anything from it. Maybe a little bit of a misnomer.

I understand how people would easily make that mistake because you're like hey wait. This is short volume, but it's one of those things that you have to dive into it and kind of like know what the data is truly representing. This super is, for the jealous shills. Sorry shout out uh productions.

I appreciate that you know it's always funny to uh get shill based super chats. What happened to the new name pop-up feature is that only on your other show um yeah. So that's right now on the crypto show we we can get that going on. This show i kind of want it to be a little bit differentiated um.

The crypto show is like naturally, a little bit of a shorter show, it's more of like what's going on. In the world of crypto where's opportunities, it's going to include some interviews. We just did episode 2 today, um. I would love to ask you for any of you in here right now that paid attention to the crypto show.

Did you like it? Did you not like it? Do you have any suggestions? Uh? Let me know your thoughts on the crypto show. I think crypto overall represents quite a bit of opportunity, and things have been. I guess situated where i felt like i had the time to start adding on an entire additional show. Did he say a shorter show, yeah shorter show in length, i suppose all right.

Where else do we have do? I have any questions what's going on over here? I, like pugs and sheep, shout out dilly. Those are the two things that she's bullish on pugs and sheep. If an eight pugs and if it ain't sheep dilly, doesn't want to know about it, all right, amc, tap and tap and tap in 25, and then you have gme tap in 148. Why is this not auto sizing all right, so we have the spy bouncing back and then tesla's also looking pretty solid right there.

Oh quick reminder, pin to the top of chat sign up for public. If you want to have help battle, the extreme amount of off exchange trading, if you want to stick it to the market makers, if you want a reliable brokerage for stocks, it's not for options. I personally don't use it for crypto sign up for public. It's completely free to sign up it's free to use up to 70 of free stock when you sign up no market makers, no payment for order flow 75 of the trades hit lit exchanges.

The only time it doesn't hit a lead exchange is when they have a like a legal responsibility uh if they notice that there's a better price somewhere else, they have to give it to you, which in itself is astounding, because that means 75 of the time. The best prices you can get in terms of x, like execution quality, is on a line exchange that factoid itself always blows my mind, but as a little bit of a bonus, when you sign up and make your account and get going there, you can actually see What i'm in you can see my public portfolio on public. You can see the stocks that i'm in the stocks that i'm not in um, like i said, if you're an options trader, it's not going to be for you if you're outside of the u.s. Unfortunately, as of now, public is only for u.s people, just so you know, but sign up for that check it out check it out, check it out.

Uh matt. Can you take a look at these thanks and love? You shout out jackie. I hope everything's going well for you, man did he talk with charles, yet yeah, so that the interview already happened. It was on charles's show just so.

Everyone knows if there's like any confusion relating to that um, it was on charles's, show today and it i believe it's already posted. Let me check it out: videos, videos, okay, here it is uh here i'll post the link in chat there. It is there, it is um if you guys, um want to watch it now. If you want to watch it, i guess like whenever uh i just posted the link on rumble twitch in youtube.

Um, that's uh! Yeah there, there you go. There you go, dee's is going nuts watch since early february, when you originally met trey thanks for everything you do p.s my mom likes. You now too says: you're smart, you sound smart, but then she saw your tesla trade, so senor uh she'll learn quick match. How do you feel about the theory of blackrock holding 8 billion in evergrand bonds and having to sell u.s stock to negate the loss of the e.g default? So if they do own that much, they definitely are going to have to balance out their book.

Um blackrock is big enough that it's not going to become like insolvent from an 8 billion hit like in the worst case scenario. You have to understand the size of blackrock they're not going to be happy about it at all and i'm sure they're going to be able to recover a certain portion of it and they're going to sue this guy and that guy and things are going to happen. In the back end, but will that cause like an insane reaction in the overall market or specifically, amc or gme? I i don't think so. I'm not really buying that.

If anything, honestly, what i think is more impactful for the overall market and individual equities is the fed results coming out tomorrow. Right now, people are being extremely cautious and, as you can see, from amc and gme, they are pivoting out of high risk, equities, amc and jimmy. You might not believe it, but they are considered to be high risk equities, especially in the classic fundamental world of wall street. So i think we have we're running into some prevailing headwinds right now of like a risk-off sentiment as it relates to inflation, as it relates to the increased velocity of tapering as it in relates to potentially two interest rate hikes coming up next calendar year.

There's various things that i think the big money, people, the whales, the institutions, the hedge funds and anything else, aka wales, i think they're all starting to pivot out of high risk, bets, high risk investments and also it's that time of the year that maybe they're doing Some like tax harvesting, so question is short interest charge change on vortex. If and if so went down from approximately eight percent on top eight percent on date to up so much your thoughts. So question is the short interest charge on or text current, and if so, we went from down approximately eight percent on day to up so much uh rogue, i'm sorry, i'm not quite following so an increase or a decrease. If you see the short interest going up, that doesn't mean stocks have to fall, sometimes there's a correlation there, but i would not be looking for a correlation there, because short volume typically represents a very like i'm saying, legitimate short, not before when i was bashing on That metric, but i'm saying, like legitimate shorts, typically represent a very small portion of overall volume traded throughout a day to think that stocks go down because of shorts and to think that they go up because the short's covering that is not accurate.

That is in no way accurate prices go up and down based on the bigger players and a lot of the times. Its longs getting in aggressively or long's getting out as in selling aggressively shorts, do have an impact, but today the numbers are just not representative of that. The short interest is up and the fact that the short interest is up - and i think some of the new shorts are in the game and the fact that amc and jimmy are both up actually shows you that some of the newest shorts are almost being instantaneously. Burned um, which is nuts, which is very, very good for us.

So, for example, you see this borrow change of six million, but today you see a trading volume of a hundred million, that's six percent uh. Sometimes you have to like look at the magnitude of the numbers relative to everything else that is occurring and when i see something, that's six percent, that six percent is not going to be what's driving the overall movement, the overall movement at max, that's six mil, which Means you have 94 mil of trading that doesn't involve shorts. That's that's the clear large majority um. So to me this is people more so buying, rather than shorts covering.

Do. I think some shorts covered yes, and we will know the nature of the size of those shorts in two days, because we have to wait for the two days settlement uh could elon sweep be the reason why tesla woke up. I saw his recent tweet about doge. What did he just tweet out? Oh this one? No, i think the market he already consumed it was nine hours ago, unless he's saying other stuff 19 minutes ago.

Stop projecting elizabeth warren is a fraud. Her lies about being native american geez. I shouldn't have read that this is the revolution of medicine. I'm trying to see what else i don't see any particular tweets recently that would have like a noteworthy impact on uh tesla.

I think just the market gods decided to help me out today. This super paid in doge via coinbase, oh brother, shout out adam pugs in german, is the same shout out. What's going on bo uh matt with the current situation and fed tapering possibilities, are there any factors that may trigger margin calls and were gme and amc's stand during the storm? If that happened, margin calls, i i think people are exclusively thinking of margin. Calls through the lens of shorts like getting burned.

Margin calls can happen to anyone margin. Call basically just means your broker says: hey whatever your position is it's going south? You owe us money. Historically, i've seen more margin calls and i'm sure the data would kind of suggest this. There are more margin, calls in high volatility environments, whether up or down now for us amc and gme.

I think there could be margin, calls related to amc and gme when amc and jimmy themselves are insanely volatile. I don't think we're gon na see like fed based volatility. That then somehow has a grand impact on amc and gme. Remember: hedge funds, the name hedge.

They are experts, they are maestros. They are very, very good at hedging they're, not gon na. Let an individual position be like a massive input like a massive impact on the rest of their book, which is exactly why things like melvin capital was such the story that it was because, usually you don't see, hedge funds messing up that poorly. Obviously me using that example: it shows that it can happen, but also it happens in an event where gamestop goes from 20 to 500 um.

So we need similar insane moves to kind of get like those types of. I guess reports and news i don't think fed the fed development will really react in a way somehow of prompting or not or like stymieing a moas. I i don't really quite see that connection there. Why didn't they cover when it hit 20? Some of them, probably some of the smart ones, did remember, don't think of them as a monolith to think of, as like all hedge funds getting in and getting out simultaneously is very, very poor.

They all got in at different points for different reasons, with different risk. Tolerance and different hedging mechanisms to think of them as a monolith of like the shorts of they're getting in here they're getting out there. I don't think that is accurate. I think some of the smart shorts probably got out at 20.

um. I think some of the other ones were just greedy and they think it's gon na go lower. It's the same reason why um not the same? In fact, it's probably more the opposite reason. Why did you not get out at 72? Well, probably because you thought it would go higher, the reason they didn't get out of 20 is because they thought it would go lower.

Time will tell who made the right call spider-man getting a hundred percent on rt will amc benefit. Amc would be a clear benefit in terms of their bottom line, the more people that go to amc to watch it, but i mean that's a pretty obvious business model. Of course amc will do better than more people going to amc to watch theaters. So getting a 100 rating on rotten tomatoes, maybe that will drive some people to go see the movie, but if it's 90, 100.

80. 70. 60. I think the people who are going to go see spider-man are going to go, see spider-man, i don't think they're making necessarily their decisions off rotten tomatoes all right.

Where else are we at all right? I think i'm up to date, there cucu hang on quick, quick break hydration, not a joke. Matt have you heard of dr marco metzler, an analyst who says amc and jamie will soar as it relates to every grand i've heard of him, but um. I i don't know if it's like legitimate matt posture check and vibe check, vibes hi, as always, but the dr marco metzler. This is a great question.

Um, i don't know anything about his credentials. His credibility might be a positive player might be a negative player. Previously, we've seen people who are very quickly welcomed into this community because they say some positive things and people are human and, unfortunately, quickly fall for confirmation bias and then given sometimes a couple days a couple weeks a couple months. We realize that maybe they don't have the best intentions.

I don't know the story about dr metzler. I don't know if it's true or not, but i think people are maybe a little bit too willing to accept someone who, like is just saying something that they like believe, is like gon na be like it's just confirmation bias and confirmation bias is a horrific thing. Um, a lot of people, don't like that. I say this, but with amc and gme it is so caustically bad.

It is toxic to only listen to the things that you like want to be true. There's a difference between what you want to be true and the reality. That's those are two sometimes utterly different things. This community has no issue attacking and disproving people who say things against the stocks that maybe they are personally trading or invested in, but even if something is horrifically wrong and it sounds somewhat beneficial, everyone gives that a free pass.

That's not good. We've seen this historically with dark pools. We've seen this historically with convertible bonds. We've seen this historically with uh like brazilian depository receipts bdrs.

We saw this a lot where people came up with the theory. It was disproven and then yet today, december 14th, you still have people beating the drum of that particular thing, even though it's disproven, um and whatever. If you want to live life and your confirmation bias echo chamber, if that's just like what hey like i'm, not saying, i know how to live life right not at all, but i would vehemently argue that it's a poor way to interact with the stock market. Sometimes a healthy dose of reality in the short term could be painful, but it could lead to a more positive long-term result.

Um and obviously i'm not really talking about metzler anymore, i'm just saying in general: hey, maybe he's right, maybe he's wrong. I don't know - and i have no issue in many - that i don't know it's just one of those things i need to look into. I need to dive into it and do my own research and cross it with other resources and references that i truly respect and think are more accurate than not accurate, but just willy-nilly believing something because it makes me feel good. That's not good! Shout out tom.

What's going on tom nash smoothbrain here, is there a cineplex amc owned in canada? I don't know. Does anyone know that from canada is there any cineplexes amc owned in canada uh here to support matt in his journey to become the daily news? Show uh tom? You know me i'm here just to spread some of the hottest new fashion advice and what's in right now is santa hats and cardigans. A lot of people from canada are saying no. I know why adgi is down unicorn relay, but is it a good price at this price? Do you see it recovering 80 gi? This is down because of unicorns.

I think it has to be down because of something else. This is a therapeutics play. I would assume maybe they lost drug approval. Maybe they had a bad test, but when it gaps down 79, sometimes not everything is a dip buy.

Sometimes it's down for a very legitimate reason, step. One would not be to look at the technicals and talk yourself into buying something on discount that just gapped down to a new all-time low. You would want to dive into the news and be like what happened here. Is it a market overreaction or maybe they just lost something that represents? I don't know 70 of their revenue, and this is now legitimately priced uh dive into the.

Why it had such a horrific gap down tesla woke up all right. We did that shout out shout out: crap face ninja uh. This is a crap face, ninja alert. He said i just thought of something.

If you knew cfn, this would be noteworthy to you. So let's wait and sit around and see if there is an update on that of the fact that he just thought of something. Please keep us posted all right now. Now, i'm intrigued! What if the metaverse will have movies you can be in whoa.

He did think of something i like that. Metaverse will have movies that you can be in. I want to be in the metaverse i like it. I think amc amc should step up and say we will own the first movie theater in the metaverse.

What does that mean? No one knows, but it's provocative. It gets the people going. That's what i would do someone someone write that up and send that to adam aaron, adam aaron needs to contact like the central land or whatever a giant, metaverse provider and say yo. We want a movie theater, i don't know if it'll work or not, but it sounds cool.

It's a good headline. I the headlines would write themselves. What else do we have imagine how far they could get away with certain stuff like before, when we had those like 3d goggles, and they would like kind of jump out like that? Remember back in the day when we all had like serious migraines, because we were looking through red and green goggles for hours, watching spy kids too, and we thought it was the coolest thing ever and then people started to realize that it like hurt our entire heads And they kind of stopped with those movies well fast forward to now what if we have movies where they like, i feel like they can really get out of hand with the stuff that they could do a truly immersive experience. What, if i'm there right by my boy, nicholas cage in national treasure? Three? What, if i'm the person actually helping him steal the white house like what? If i can smell the musk of nicholas cage - and he looks me dead in the eyes - and he says we need to steal the white house and i'm like nick you've said crazy things in the past.

But i think this next 120 minutes will be an exciting flick. Count me in that's just an idea. If anyone wants to execute upon that idea. Um, i don't know give me some royalties or something i want to watch a movie starting, storing, matte, thickness cores uh.

You said ptpi was heavily shorted. I tried to buy, puts, but couldn't so who shorted it institutions pirates puts don't count to short interest. Shorting is borrowing stock, basically at a brokerage from someone who initially owns it. If you buy puts that's not that doesn't add to the short interest, that's a derivatives market.

Send you a tweet, slash cm for amc idea: theater one one open food for general public scenic auditorium early hours for cafe free alt content, uh ted youtube streams, uh appreciate review, slash street 3180 yeah i'll check that out katie. I kind of like that. So you're saying kind of using the venue just in more of a generic sense like a bar and food, and then you have other types of content there interesting. I like where your head's at matt matt interview, head of doj lisa, help her with her case.

I'm not sure that department heads at the doj look at me and say that's someone we should align ourselves with um. Imagine that imagine that doj or the sec doing an interview with me and they're like we just like the the cut of this kid's jib matt and riley open texas roadhouse in the meadow reverse. Why isn't your nickname, macau m-a-c-o mako mo ko um? Why is it my nickname that um, typically, your nicknames are given by friends, so a prerequisite to having a nickname is essentially having friends? So i would assume that that's probably the crux of the issue. If i had to guess if i was throwing out a little guess there, audience is building a radio station in d phi land thoughts on ptp, i'm risking zero, but has fundamentals and high short interest.

Ptpi uh, i don't know if i agree that it has fundamentals uh, i haven't looked into it. It might, but i would feel way more comfortable if it was hanging out above three. I just see like the shelf of support from basically its public debut all the way up till august, and i i'd prefer it highly that it stays above three um. But in terms of its fundamentals, i find it kind of difficult to be predictive of fundamentals for therapeutics plays.

That's why i kind of stay away from like that biotech therapeutics world pharmaceuticals uh, just because it's not where my expertise lies. Um the one play i'm in is prague. That's the one play i do understand, that's the one play i've done, dd on, but in general, i'm much more comfortable and much more familiar with what various tech companies are doing and what it does or doesn't mean for society and culture but pharmaceuticals. That's just not my forte um, i'm probably dumb, but should i get my shares away from robin hood? My shares are away from robin hood uh right now, the one that i feel very confident supporting is public.

So you could check that out. You could switch your shares over to it. Um people are recently having some issues with fidelity related to the amount of shares that i guess could be shorted and related to me. It was like a two billion dollar mistake or, and of course they blamed it on other people um.

There are certain brokerages that i guess like. As long as you have your direct routing, like td or interactive brokers, i could get you behind those, but with public. It's just easier because you don't have to worry about it. You already know that they're not dealing with market makers, so i think by far that's easiest if you're on these other brokerages that have direct routing, make sure you're using direct routing, that's definitely important if you're, just arbitrarily using fidelity or if you're, just arbitrarily, using tda Or etrade, without directly routing, there's a very, very good chance.

It gets sent to citadel there's a very high statistical chance, it's being sent straight to citadel all right. What else do we have 11 minutes to go? Amc i mean amc is having a great day. It's up almost 60 trading just below 25.. It tapped 25, a couple times a little bit ago.

What 20 minutes ago it was above 25 couldn't hold. I mean 25 is a pretty important level. I would love for that breakout, but i'm not insanely surprised that it didn't get it either. If that makes sense, um in terms of gamestop it tapped 150 similar to amc just couldn't hold.

I mean i mean it's an eight percent day and a six percent day. Those are very, very good days like let's not uh, i guess be greedy. Let's take it a day at a time, a percent at a time, a dollar. At a time someone said charlie's on fox, oh i'm already missing it hang on.

Let me see, if i can, am i missing anything good. I always like laughing. Oh shoot. What is my login nope? That's not it is this my right login! No, that is very much not the right login.

Is this the right login? Let's try this one. I feel like we're already missing the gasparino part, i'm old enough to remember 1994, when alan greenspan saw a massive bubble in derivatives and risk taken in bonds, and he raised rates. It caused some pain. You got the orange county uh bankruptcy back then, because the the uh, the the what was his name - robert citron, remember that name.

He was the treasury county treasurer and you know bet against rising rates in their derivatives. You know this, you know you can see some of that in. If these, if rates rise, you could see them popping this bubble, and you know the problem. Is they let this thing go on a lot longer than than citron did so? If the fed aggressively raises rates the stocks that get get crushed in this, it's just common sense, anything to do with heavy duty trading, it'll be hood, it'll be amc, it'll be gme and um probably be bitcoin too.

I mean i think, that those are the sort of things that get hurt when you have rising interest rates - and you have you know, bringing some sort of sanity back to valuations right, because if you have rising interest rates, people generally buy bonds right more safer, invest Investments or financials or financials so we'll see we'll see what happens watch the fed. I think this is all contingent on the fed. But again amc is pretty amazing. They don't.

It doesn't have the upside potential it used to and it has wickedly more uh aggressive downsides when you watch this thing today is a perfect example. Yesterday was down 15 percent today, it's up what six percent we blow the cyber whistle on you. Now you see my my elon musk's cyber wizard. She only wants to talk about my lasagna recipe.

You know you got to get you got to get the ceo on, who, i think is doing a good job. Adam aaron again get him on he's on all the time, just not one year. Could you just ask him once? Does he really believe this bs from the apes that kenny g and all these guys are manipulating the stock? It's such nonsense. Ask him if he believes in that, because he talks to his investors all the time yeah he sure does.

He listens to them, they're, pretty crazy, charlie. Thank you very much, charlie gasparino. By the way he mentioned his lasagna charlie is my guest this week on the everyone talks to liz podcast. Even if you just hate him um um, i guess we only listened to it for about 45 seconds and two things, i guess to say um.

I think it's particularly humorous humorous in like a haha way for him to talk about common sense. It's just common sense, um that is common sense from a guy who is supportive of payment for order flow, because it's also not used in north korea. North korea doesn't use payment for overflow. You want to be like them like it's just like actually stupid um, so the fact that he said common sense.

I find that particularly humorous, but also um. I i see a lot of people who are chanting for iran. This is like honestly, just like factual. He said that there's wickedly more downside than there is upside.

No, no everyone who is starting to learn about the market learns that when you go long on a stock, your risk is capped, as in it falls to zero. When you go short on a stock, your risk is infinite because the stock can go higher and higher and higher, so to say that there's wickedly more downside. Those were his words that that's just wrong. That's like that's a poor understanding of of like numbers, man like that that doesn't make sense.

How could you possibly say, there's wickedly more downside, you know what the downside is. The downside is 24.51 right. Now the downside of gamestop is 147.08. I just told you the downside.

The reason i can't tell you the upside is is because, theoretically, the upside is infinite, so to possibly say to possibly say that there's more downside than there's upside there's, never more downside that there than there is upside. That's not how numbers work. The bottom is always capped. If you are going long, your risk is inherently always capped if you're going short, it is inherently uncapped and in fact your max profit potential is capped.

It is the complete inverse um. So i i that's just it's just every time he opens his mouth, it feels like he just is expressing that he doesn't know about the markets like and that's i don't know, that's just crazy he's a national pundit contributor. That's not you need to know more like i get it if he doesn't like it like whatever i don't really like him. I doubt he likes me.

Obviously the community doesn't like him, he doesn't like the community and we could always debunk how we got to this point in life. But that's fine people can dislike people, people can dislike ideas, people can dislike organizations but, to just like say, stupid, asinine incorrect things. That's embarrassing, like he's, i'm assuming a paid person to talk about finance like it's, not a good world when a ding dong, 27 year old perceivably knows more about the market sitting in his basement in a santa hat than someone on national tv. What does that tell you about media? That's just not good.

What's charlie gon na say next santa isn't real. What do you think about constitution? Dao uh? I was very much covering that story when they were attempting to buy the constitution uh. I think it's pretty cool. I think it's actually.

I don't know i just like it. I like how quickly it mobilized um. I don't know if you're looking for, like the specifics of the numbers and how like how the dao is particularly set up relative to other daos. I don't know that much about it.

I was more of like supportive of the narrative that constitution that was going with. Where do you see tesla tomorrow, um tomorrow, i was actually about to make a joke of, like i see tesla wherever i want tesla to go, but my joke aside tomorrow is going to be a crazy volatile day um in cryptos in stocks. Um people are going to be jocking for position all day and then everyone's going to be reacting to the news at 2 and then they're going to be reacting to the conference at 2 30. tomorrow.

No one can predict what's going on. This, isn't like a technical continuation. This is a fundamental update for the entire market for all of our lives. This is going to be nuts tomorrow.

It's not! It has nothing to do with a technical continuation, um similar the the days that we're going into an earnings announcement, i'm like yeah the technicals, just don't really matter, because we have a giant fundamental update. You can think about that tomorrow, but for the overall market. This time, liz philip, what's going on those f in numbers, i tell ya shout out j, kiss matt thickness uh, what's happening, what's happening where what's happening with who, with whom we should be grammatically, correct what happens at two tomorrow, we get the results of the fed Meeting which started today and concludes tomorrow, the fed meeting, the federal reserve, the people who can make money out of thin air. Hey you get a trillion.

You get a trillion, you get a trillion, we all get a trillion who's. Man on a mission. Someone say: go away, shill! Well, that's interesting! Let's find this accused show everybody check the news on amc shorts just covered um every oh we're spamming that everybody check the news on amc shorts covered. You guys know me.

I am a benevolent leader, uh thumbs up for a permanent ban thumbs down for letting the accused she'll survive to another day thumbs up thumbs down. I'm just gon na go with like the first bunch. I see all right, i'm not seeing anything yet nothing. Yet! Oh crushed out of the gate, all right: where is he i'm coming for you? Man on a mission is now man without head.

You are the weakest link, goodbye, oh, that was brutal. That was a bad one, that one's gone gone gone gone. We'll never have to worry about that false information again, the shorts cover like how that's just unbanned. If true, we know it's not true, because there's no way they covered a hundred million shares, we traded 106 million as a new thing.

Almost every single share traded today was a short covering, and it's just it's not possible. The stock would have gone so insanely haywire. Well, he's gone, i, like all these votes, he's he's out, he's out, he's out he's out. Folks, that's it for the show we had the morning show we had the crypto show.

We had the power hour show we did it, we did it all. Uh feel free to check out the interview with charles payne um. It's right here right here, just go to coors light, while you're there don't be afraid to hit that subscribe button. The retail investor revolution check that out quick four-minute clip and a nice little santa hat.

So feel free to check that out. If you want to see, i was on with uh the man the myth, the legend, the charles payne today uh he's having. Apparently a lot of issues on twitter he's kicked out of his twitter account uh. We talked about that, but we talked about some other important things so feel free to check it out.

There is one more interview i have we'll be doing. It live today, uh just so. Everyone knows and then past that we will be back in action. 9 a.m.

Bright and early tomorrow for the once again returning to the morning show as always, i appreciate your support. I truly could not do this without all of you. Thank you. Thank you.

Thank you. I will catch you 9am bright and early. I hope you have an amazing evening afternoon night, whatever time it is for you, i hope you have a very, very good one i'll catch you in the am and as always from me and share best of luck in the market. You.