Foreign, well, hello, hello, hello, hello! We are back at it again moon gang for power hour today, december 13th. Let's do this thing. Let's do this thing hang on just getting some of these things set up. Why is this not working uh? Where is the stream? I hope i'm live right now.

No one really knows: okay yeah, i am live, sweet, sweet, sweet, sweet, uh, love, the crypto show brendan g, that's so incredibly kind um. I was catching up on it and i myself am, i guess, confused. I always all right. I think yeah no, no, no, i'm definitely, i'm always confused by severe amounts of stupid.

Stupidity like like when it's medically, concerning how like stupid some people are um. I find that concerning highly highly concerning and i'm starting to think that a little bit in general of i made a crypto show that i told people i was making for the past two to three weeks. I make it and said: hey it's coming out monday. The 13th monday, the 13th and it comes out and they're like he made a crypto show which in no way impacts, amc or gme it's extra content extra as in not taking away like this means, he must have sold now.

We've been through this before on this channel, we have showcased some of the highest levels of mental gymnastics, to the point that these people are being recruited to represent the us or whatever their homeland is in beijing. This upcoming summer, like we're, seeing olympic level mental gymnastics of stupidity and at first it's really easy to like make fun of you're, like oh wow, like a dumb person. But then you really start thinking about it, and this explains some of the state currently in the community um where people are just so, i don't know so in their own world and so selfish and so egotistical and narcissistic that they just have. I don't know it's astounding at a certain point: um, you would release the crypto show on the day of tanks.

I mean it's one of these things that it's in it's been planned for, like weeks weeks and weeks and weeks like at a certain point. You know just like hold off and be like: hey, i'm gon na wait for a good day. It's a show, it's a show, it's a show, it's a show and it takes planning you reach out to graphic designers, artists, there's a lot that goes in. In the background to make like any of this stuff possible, this isn't one of those things that you're like the night before you're like hey, i should probably make that entire new show uh.

It takes a little bit and then like. Why would he just do it defend the amc chart? Uh i mean the chart, doesn't look good? How how do i defend it? Um we're bouncing off of 23.. I think if we stay below 25, the longer we stay below 25. I think that increases the odds of amc touching 20, because that's the next technical region of support um.

But when you have various things going on when media is going to jump on insider selling, when you have, i guess, content creators that have a sizable base telling people that buying the dip is equivalent to shorting there. There's like a a confuse and distort and divide campaign going on when you have people that are more obsessed with, like the drama, the interpersonal drama of a community opposed to what the community is based around. I don't know it's insane and at a certain point in life, you're always going to come to a point where you realize you can only can control things that are realistically within your grasp. What's in my grasp, what's in my grasp is being able day over day, to explain what i perceived the truth to be, i can do the technicals for you.

I can work to the best of my ability to explain market structure, to explain options and all of that it is an utter waste of time to ever ever ever ever think or spend an ounce of your energy on any drama. I guess at a certain point. I need to address fud such as like buying the dip is the same as shorting or there's a second secret book of a price like an illuminati market. Uh to i don't know, explain to people truly what a dark pool is or isn't.

There are way too many people that simply want to be comforted and the way they do that is through misinformation. No, this is the market that, like that's the one thing that maybe i find the most surprising about this is people would rather be comforted by a lie over the fact of just wanting to know the situation, and maybe that's like on a human level where i Misinterpret things is like i've, always always always, even if it's painful i've always wanted to know. Okay, like what's the truth, i want to understand something, but even now, there's people who just get absurdly angry if there's like a little bit of truth, but they don't find to be like particularly comforting to them, which i find weird and it's such a like. A bad way to like run anything related to the market, because that tells me that people have like absurd blinders on.

We should always be after the truth. We shouldn't be after, like what makes you feel good. You should be after the truth and when it comes to amc and g-meme the the research i've done on it. I truly think that truth supports us.

I think there are clearly malicious actors involved in the game. I see the short interest going up. I see spikes in ftds, i see the buy button being removed. I see like an entire host of events, a litany of events that, like we just need to focus on the truth like we don't need to like pull this like bullshit out of thin air and start doing that, because, first of all, a lot of it is Wrong, second of all, it's like embarrassing.

The plain old-fashioned, straight-up truth of some of the things that go on in the market is highly supportive of our argument. There is egregious abuse of insider training on the political level on the federal reserve level on the federal judges level, there's egregious insider training beyond that, the market structure, which has now become like the limelight of this argument, it's it's crazy. The concentration of power between citadel and virtue, all it does - is increase the fragility of the market. No one that actually understands what's going on would other argue the other way.

The people who are supportive of really the power dynamic that citadel and virtue have particularly citadel, are citadel and virtue. There are current business practices such as payment for order flow that continually support the extreme nature of off-exchange trading, which is not good when you have 40 to 60 of all equities being executed off exchange. How does that ever lead to a world of price discovery when you're continually pitched that this is a free market that everyone should engage in, and everyone has a chance like the same as anyone else? That's not true we're right. Now we have things such as pattern day, training if you're below 25 000.

You are treated differently than a people that have above 25 000 in 13f reportings there's no shorts in ftd reports. Not only are they comically slow, but we don't get any detailed report related to these ftds there's just a severe lack of transparency and openness about stuff that should be transparent and open. Even if you want to get into the like into the weeds of the details. Related to the depository trust and whatever it is, what's the dtcc depository trust, clearing and clearing corp uh, the dtcc or the sub entity, the nscc, which is basically the kabul of broker members who came together, they're self regulatory like finra, they make their own rules.

They don't put those rules up. So even if it's on us retail to know what we are or aren't dealing with, those rules aren't public there's no way we could have known. If the entire argument is as a retail trader, slash investor, you were supposed to know how much the risk was getting out of hand when it comes to gamestop in january. You would have never known, we don't know what that risk is because it's never ever discussed anywhere.

We don't know the risk models. We have no idea how the dtcc slash nscc comes up with their collateral requirements, you don't know so. If anyone was sitting there saying hey like no, you should have known this was coming. It was on you, you were putting your money at risk.

You should have known the platform you were on, it's not public. No one knows that kind of thing. So, between all of these things pattern day, trading 13fs ftds, the dtcc brokerages payment for order flow off exchange trading, the concentration of power and too few of players from the market maker sign um insider trading. What the bullshit that prime brokers go through just to get business? That's not good for the market.

The list goes on and on about like legitimate things, but then yet so many of the people in the loud minority, all they care about is hey. Matt coors made a crypto show. I don't like that. What what the fuck! Okay! If you don't like it, then be better than me, go go, make an amc, show go, make a gme show see if you could do better.

If you do better, you deserve it. It i am not a gatekeeper at youtube seriously out there to anyone who is particularly pissed off about how i decide to do things and if you think you can execute upon it better, do it it's awesome like i, i make good money. I, like my life. I run my own business.

I decide what i do day in and day out. I have no one above me. I i run my own thing. It's honestly that straight up uh, if you want to watch every single minute bar from 9 30 to 4 and exclusively talk about nothing else, the door is wide open for anyone who wants to step into the arena and compete.

There's there's no rules against it. I myself think there is an immense amount of opportunity in the stock market, the options market, the futures market, the crypto market, all of it. I want all of you to learn. I want all of you to make money, i'm not just going to not speak about opportunity, because some weird subset of keyboard warriors on the internet tell me not to like.

We only want at a certain point. It sounds like they're only like mentally capable of like handling talk on one thing because, like you can almost like, feel their anger through like their keyboard um, but to the rest of you out there to the 99 of people who have a little bit more than Air in between their ears, i hear you uh the amount of dms i get they're like hey. No, like i like amc, i like gme, but i also like learning about other things, because this is cool stuff to learn about. I like what it represents just understand that there are far far more of you people in my dms than the few amount of i don't know like i said keyboard warriors, who do public stuff and they're like hey.

I need to do it when it comes to amc and gme, i'm in it today alone, my holding in amc and gme because of the percentage drop in both of them is tens of thousands of dollars tens of thousands of dollars. I am currently down today alone on amc ngme, when you put those together tens of thousands of dollars it i'm there with you, okay, but i'm not sitting here, freaking out, whining and bitching and blaming someone because i've made up my mind. I have my trading plan. I'm in amc i'm in gme and i am sitting and sitting and sitting and i'm waiting.

So if i already know i'm gon na wait, what's the point of putting myself through the emotional pain of what like just watching every minute bar, i know i'm not selling. So like, what's the point um and i think that a lot of people um are missing that you don't need to watch the chart day in and day out, you don't need to watch every single minute bar for me. I know the shorts haven't covered. It's honestly.

This simple have the amc and or gme shorts covered at all, either of them. No, the short interest is actually higher. You know what that means. That means i'm holding is that simple um and i also am able to withstand these drawdowns by being agile.

In other aspects of the market, the tesla put now in money making a good amount of money off of crypto making training other things. Nvidia, microsoft there's other things that are moving that in times like this, when amc is down 13.75, when gm is down 13 when you're getting smacked in the face like this you're gon na, be happy that you understand other aspects of the market and how to take Advantage of said opportunity, but this like man, it's so frustrating, because it's such a loud small small group of people who are just like whiny and bitchy all of the time, all the time that's all they do is they think that they have a voice that needs To be heard about things that they've probably done, no research on probably shouldn't be speaking about it at all, and they, yet they speak with such authority, which is the done what the don kruger effect in like full effect. But it is what it is kevin shout out uh. Why do you repeat the same complaints from certain people every day with the majority of us already here know where you stand green day or red day? Um, that's a good question and if i were to therapize myself, why would i do that? Well, i feel like over the past two weeks, i've gone out of my like way consciously to like not give a shit, but this one.

Maybe i want to bring up the commentary because i think it's notable on a red day like of like maybe the emotional aspect of training, which i actually think is probably more important than the skill aspect of trading. So maybe it seems like it's coming more because we've had so many painful red days lately and i feel like being the main daily streamer of this stuff. A lot of people come in and they're kind of looking for input of what's going on, and i feel that it's important to continually talk about emotional regulation because i think that's actually like i said more important than the skill set part of training. I think emotional regulation and the psychology of training is actually exponentially more important exponentially more important than the skill part of training.

So i think it's been coming up recently, because we've had these red days and when there's red days, people somehow assume that, like i have any particular influence on the overall market like so like i, i guess i'm attempting, even those people who are not happy with Me i find that those are the people who need the most commentary right now. I think they're the people who need the most um. I guess like advice on the most general level of their letting their emotions run rampant and that's not a good thing when it gets into the world of trading and whenever you notice that in yourself or someone else like you just hope that it gets us stamped Out as quickly as possible, at some point they're going to cover the short position thing is covering a short position, is buying pressure right if we hold the float, the price doesn't matter, michael so you're right about all of that, except for the last sentence, no matter How low the price gets at some point they're going to have to cover the short correct position that is correct thing is covering a short position, is buying pressure, also correct. If we hold the float, the price doesn't matter um, i don't know if we hold the float.

Is the thing in that scenario that i'm just unaware of um? We we only have numbers from june and at that point we owned 80 of the flow, and i know that might seem, oddly, like technical of like okay nerd, like you're getting into the weeds like that's. A lot of the float like 80 is pretty much 100 and i get that, but sometimes in the world of numbers and trading um. It actually pays you to be very technically specific and there is a big big difference in what does or doesn't happen within equity between 99 and 100 ownership. So if there's a big difference between 99 and 100 there's a an even larger difference between 80 and 100, and i'm talking about not only just like okay yeah, we get another like 20, another 100 million shares.

But i'm saying even in like the behavior of the price action and what can or can't happen so the last report we had was from early june. That's at 80 percent. We have no updated count since early june um, so to say that we hold the float. I don't i don't know, i don't know where anyone's getting that number and to say that even originally, i know i don't know where anyone ever got that number uh czech twitter, dm new article about 182 congressional staffers violating conflicts of interest law, not disclosing stock trades.

Uh, actually i have that up right here, uh. I was going to talk about that in a hot second, very interesting. How do we get those numbers in jew, king kyle? That's uh, a very good question. We got that in june by they did a share recount.

So that was that event was triggered by the amc leadership team. They made the decision to do a share recount um, so, yes, they could, if they wanted to do it again. Um, don't ask me why that why they haven't done it again, because i have no clue why they haven't done it again. Um with the insanity of what's going on, you would almost think it was like a layup of a decision for every single earnings announcement, but maybe it costs a lot of money like i'm very much unaware of why they haven't done another share recount um.

That would be honestly, probably one of my first questions if i were to have a conversation with adam aaron, but i've never like personally spoken with him uh, you could do a fixed 10 minute run time for three to 310, regardless of the price that way we Have a lot of time for other material, not for just a thought shout out: karthik uh matt. Can you just explain uh how you know shorts haven't covered, not a joke cue, but if you could explain this to my wife chris right here, because the short interest is 18.74 on amc and on gme, it's 13. um. This is the data right here from ortex uh, which is what makes me confident that the shorts haven't covered.

So that's not only a data point, but we also see it in the price action that i mean you're talking about amc about 96 million. Let's just call it: 100 million has been in no way price action that represents a hundred million shares being covered uh, that's a lot of buying that needs to be done. Shorts covering is it is buying, as in they would have to buy those 96 million shares. So i have not seen any positive price action.

This event on june, 2nd was pretty much the result of 30 million shares covering 30 3-0. We still have 96 million to go as of now just for like a little bit of a basis of how that played out till now and the fact that we have 3x that amount that we're looking to fully cover and we're not seeing anything close to that Price action so between the data reading from ortex, and on top of that, just like the lack of price action, i'm just not seeing where any of them would have covered uh another red day or take out your frustration on that coors day. Boot them all to the curb i'm here to learn shout out jeremy, your new super secret boyfriend, north korean, your dm's, is that what you want shout out brendan uh we've been here before, and the price has moon i'd like to know how the average short is For amc and jimmy, if it was ten dollars, you'd be looking to get out soon happy holidays. Matt.

Thank you for all. You do regarding commitment to continued information, consistency, interviews and your overall evolution success, so you're saying i should buy more stock with the discount done. Eight noises shout out dark and flame. What do i think about viac 24 million worth of calls on unusual wells, and it makes me think someone knows something we don't thanks: 24 mil on viacom well, if they do they're looking for a bounce soon, ever since the selloff it went flat.

But now it's starting to break down every everything's getting drowned down with the market right now. There are very, very few things that are actually green and looking solid, um viacom. I would watch 30 i'd watch 29 if it grows goes below that 27 is kind of like what i would consider to be like the last ditch support between a drop to the low 20s. I don't know if i would play that move right now that you're seeing being reported, i would want to see some buyers step in first right now.

The overall market is very, very red things. People are panicking, things are red, so i would be calm. I would be more than willing to sit on my hands you're new, i'm literally the most normal thing ever. Don't fret watch a comic in the first 10 years, tear the roof off and they're still obsessed over that one guy, not laughing shout out burns.

Well, they call me optimistic, but i doubt apes have been selling the the buy to sell ratios have always favored buying doudus og apes. Doubt og apes have been selling um. I actually agree with you on that. I don't think og apes have been selling.

I think it was newer apes, as in post-june who might not understand like the culture or the drive, i think if apes were to sell it would be those ones especially more mathematically just because they bought in on a chase and are now under water um. But the og apes people who've been in this since january they've at this point. They need to wait one more month and then they save a lot of money on taxes so, like i, i just don't see how what you're, referring to as og apes. I mean i agree with you.

I don't think they're going anywhere and i don't even think a lot of the newer apes are going somewhere. I was just saying if i were to target a group who ended up like kind of getting out of the pressure. It makes sense that people who got in at the 70s plus did all of them get out. Absolutely not that's not what i'm saying, but it does make sense that people who are down the biggest percentage are feeling the most pressure for those of who us the with xxx 4x shares are down big uh time with our overall p.

Now the good news is a lower price, allows for some of us apes to grab more i'm right there with you shout out johnny, don't let insights and subs will your write? Remember you where you came from be grateful. I know how it gets. I'm on my journey myself, you've been amazing. Shout out my gram shout out: tommy's touch any unusual whales info uh i mean i can check the flow for you and i actually do have a interesting benzing.

So right now the flow has been bearish. So the price action is matching with the options flow according to unusual whales, but check this out with benzynga someone with a lot of money to spend, has taken a bullish chance on amc and retail traders should know. We've noticed this today. The big position showed a publicly available options, history that we tracked here at benzing, whether it's an institution or just a wealthy individual.

We don't know, but when something this big happens with amc, it often means somebody knows something about to happen. So there was 32 uncommon options: trades. The split between them was 50 and 50. out of the special options we uncovered 32.

Our puts for a total amount of 2 million and 9. Our calls for a total of half a million, but remember just because something's a call and just because something's a put doesn't actually mean bullish or bearish you can be selling puts or buying calls. So don't think calls bullish puts bearish. That's not how you do it, because you could play either side you could buy and or sell calls or puts um.

They were doing the split and they have all the trades here. Bullish, bearish, polish, polish bullish and obviously some of these puts are actually a bullish. Put play just so, everyone knows but oops. Where did that? Go kind of an interesting breakdown that we're seeing on benzinga right here.

So 32, lots of money we're talking about three million bets options are riskier blah blah blah, but if you're on benzingo they might have even done a full write-up on this that you can find on the website, but check that out below. We can observe the evolution of volume, socks, blah blah blah five to uh kind of a cool breakdown. I always myself get a little bit more interested in the like specific details of these types of things. Where do i see the next support on nvidia on nvidia? Immediate nvidia, 280 288, halfway between it right where it's at 285, if it can't hold i'm looking for this gap, fill down to 267 268.

The gap fill from november 3rd. If we can't hold that original support all right, i think i'm up to date. There i've always wanted to know what was the inappropriate joke that told you got fired from that hedge company. I miss hedgie matt openings.

This show uh milestone, chat thanks for all the hard work. Uh, thanks for standing with us shout out to seraphim claps some claps for seraphim, crushing it modding hardcore day in and day out, could not do it without you shout out to seraphim who else is in chat today. I think tp shout out to tp thoughts on mara, bitcoin, miner uh, i'm not the biggest fan of miners. Just because not only are you basically betting on crypto, but you're, also betting on the inter business competition with all the new miners.

So you have mara sos hut. My thoughts are, if you like, crypto just get crypto. This is the dip before the spider-man rip welcome meister. I hope you are 100 spot on you're not going to tell us brendan.

I don't actually remember the joke fired from the hedgehog company. That would be something rud. What's going on all right so earlier today we were talking about the amc partnering up with warner, bros and the matrix and those nfts. So if you want to know how to possibly get them here are the official rules, this is on amc's website, just search, amc, the matrix, resurrections, nft, social giveaway.

You can see the giveaways the challenges, the eligibility how to enter all the information is right here. The first one actually started at 1pm et, so that's challenge one and it looks like they're going to be doing challenges every single day. 13Th. All the way up to the 22nd so feel free to check this out.

But once again, this is the title: amc, the matrix, resurrections, nft, social, giveaway, search that with amc and it'll bring you right to this website. If you are interested in getting a matrix based, nft, there's not many of them, so very, very low supply and you guys know what happens with low supply. Let's talk about this at least 182 high-ranking congressional staffers have violated a federal conflict of interest law with overdue disclosure of their personal stock trades. This is probably surprising to absolutely no one watching this right now.

The fact that people within positions of power have been abusing said positions of power for their own financial monetary gain insider analyzed, congressional staff, financial filings from january of 2020 to mid-september of 2021. we're talking about nine months of this year and all of 2020. Not even two full years a year and three quarters reporters found at least 182 instances in which senior staffers were late, disclosing stock trades. How are they late? They already have a 45-day window to report it so they're like that means that they're over a month and a half late there and then top of it, the public database, where we can see the information they have another 45 days to post it there.

So really a politician trades, the public based on the current rules might not find out about it for 90 days and they're still late on that we're talking about a three-month window. What's going on a lot of people, just ignore the law and it goes unenforced. One ethics watchdog said i wish i could be an ethics watchdog, so it's kind of crazy. Let me paint the highest level picture for you that i possibly can the sec.

The securities and exchange commission are tasked with the job of investor and trader protection. Part of that is making sure that there's no political malfeasance going on as it relates to the world of trading and or investing the catch here, and what i should really say is that they catch 22 here is the sec they get paid. Their budget is from congress, it's from politicians as in we're expecting the people to enforce the ethics and proper trading and accounting, and all that the enforcement should come from the group that they're getting paid by the other group that that that doesn't make sense. How can we trust in the sec to properly enforce rules to the people who are paying them to enforce rules? It is an absurd catch-22.

At least 182 of capitol hill's. Most influential and highest-paid staffers have blown past deadlines to detail and disclose their personal stock trades violating a federal conflict of law interest in the process. The staffer's failure to properly disclose the transactions come with a laundry list of excuses and rationalizations, i'm sure they're absurd they're. Also, a violation of stop trading on congressional knowledge act, a 2012 law designed to prevent insider trading and defend against financial conflicts among elected officials and their top aides.

It's insane. This is just politicians. We know that federal reserve chairmen chair women are insider trading. We know federal judges are trading they're, literally trading, the stocks of companies as they're presiding over the related cases.

Insiders tally includes aid in both the house and the senate with high ranking jobs such as chiefs of sas legislative directors and communication directors. Also among them are workers known as professional staff members who serve on congressional committees to advise lawmakers on policy. High-Ranking congressional sectors often wield significant influence over their elected bosses. Many also regularly meet with special interests and corporate lobbyists.

Jesus who could conceivably represent a company or industry in which a congressional staffer personally invests. That's why a law president barack obama, signed almost a decade ago, obligated senior staff to disclose their stock trades just as lawmakers had to the problem here, is that they haven't jesus 182 person finding in part of insider's, exhaustive conflictive congress report, in which journalists review nearly 9 000 financial disclosure reports for every sitting lawmaker and their top ranking staffer. This is just nuts we rated every member of congress on their financial conflicts and transparency, red means, danger, yellow means, borderline and green means solid. Well now i'm curious who's, the red ones.

So we have six dems: eight republicans and zero independents, uh feinstein. Of course tuberville. Don't know who that is pat fallon, not much of a surprise. Lance goodin, don't know kevin hearn, don't know.

Blake moore, don't know chris jacobs dan. What is this dan muser diana, harsh barger, kim tim tom, suzy and patrick maloney, these rm? This is the wall of shame. These are the ones that occur according to insider, have all hit the you're in danger. Wow, look at them! Look at the the wall that they're, probably freaking out, they even made it vermont.

I guess they, members of congress with potential conflicts interesting. Well, if you want to check this out yourself, just search this with insider and it'll, be there for you wow it's! This is what i'm talking about, there's so much more information in here. This is pretty crazy, a worthwhile read for all of you, but this is uh to me a core pillar of what the quote. Unquote.

Apes are trying to argue as they're saying hey. It doesn't make sense for people like to fed to say that meme traders are the one who are presenting a risk to market stability when you have a 182 high-ranking congressional staffers, clearly abusing the system and of course, they're always going to have excuses of i couldn't Do it because of this? I couldn't do because of that, but at the end of the day, not only is it a law, but it's what fosters trust in the overall system and this type of bullshit is clearly doing the exact opposite. I highly implore all of you watching to take a deeper dive into this article and obviously the related article right here, but unfortunately we live in a world when this probably isn't surprising any of you you're, probably saying oh. This is just like par for the course and to me this is the type of stuff that we need to be focusing on and really using our voice, because if we all speak in the same direction together we're going to get that megaphone effect opposed to like Wasting time on other, like nonsensical, bullshit things, this is the crazy stuff that, in my wholehearted opinion, obviously needs to be fixed.

Let me actually save these later. Maybe i'll make a separate video. I want to dive more into this myself. This is nuts i read through the first one i didn't read through the the second one.

Then it did all that color coding. That's just absurd. Absolutely absurd! Tomorrow, a turnaround tuesday, setup uh. Technically, yes, so the times that i've done my own turnaround, tuesday analytics it involves a drop greater than one percent and the s p 500 is down 0.5, so it technically won't trigger my futures algorithm.

You could say that it holds true for the russell 2000, because russell 2000 is down 1.3 right now so yeah it you could argue it holds well for that one. The queues are currently down. One percent, as we have 19 minutes to go in trading today, um. So a turnaround tuesday is just like the overall concept that, if rh, if you have a red monday, the odds of agreeing tuesday are better.

The odds are very good if you decline more than one percent in terms of the overall market and we're not quite at that level. Yet, in terms of the s p 500, we are with the nasdaq. We are with the russell um so playing that methodology in those technically right. Now we are at a turnaround, tuesday type of a situation spoiler.

I believe the joke you're looking for was your friend. Something to do with eight is just a zero belt. Familiar holding my 2000 plus amc shout out. Tyler is blackrock recalling their shares, uh brandon.

This is a great question. I saw quite a bit about that on social media, but i couldn't find anything confirmed from blackrock itself, so i was a little bit hesitant. I didn't want to be spreading any false information. Um.

The same thing i saw with you black blackrock, recalling i saw that it made its rounds on social media. I just don't. I didn't see it from blackrock itself or i didn't see in any official filings so that i don't know, i don't know if it's true or not, i can't tell you it, i can't tell you it is or it isn't. I would just say: i'm not just gon na blindly follow social media on that one, because black blackrock, recalling would have some pretty serious implications, and i would assume that we would see kind of crazier action in the market because remember them recalling would force some of The shorts, whoever was loaning their particular shares from blackrock, they would be forced to cover, and i'm i'm not really seeing any covering right now.

So the price action makes me a little bit hesitant to believe that makes me definitely hesitant to believe that i'm just looking at the volume we've traded 78 79 mil today. I think blackrock has the exposure of 20 million um. I i just i i don't really buy it today, so that's saying that a little less than a fourth of the overall volume could have been from a recall. I don't know i'm gon na, believe it more.

When i see an official like report matt, please check out the prague option leaps for 124. The 50 strike price is cheaper than the same strike for january. I loaded up on them mark that's a kind of an interesting arbitrage opportunity. I mean, i believe you like.

I mean i'll just probably see the same numbers you are but to play at minimum that difference uh interesting arbitrage. I hope you crush it. Does your new superchat super secret boyfriend, north korea, do that fired for an inappropriate joke, uh brendan? I think i guess i would need to know like the clip you're referring to um. I mean i've only had two jobs post college and neither of those i was let go of because of an inappropriate joke.

I would have to know the clip you're referring to thanks for all you've helped shout out apocalypse dark horse all right. Let me find it dark horse dark horse dark horse. Can you look at wait dark horse? Where is this? Could you check out mq, i'm playing a lot of for friday at 15 uh it was the low risk play. Could you let me know your thoughts on m q, mq you're playing a 15 put a lot output.

I mean thus far. It's looking good. I mean. I don't know if i would necessarily be banking on it going into the money.

I would want to see their reaction to the low 16s like so about a dollar drop, but remember you can make money on a put without the option going into the money. Uh. Just just so you know, so if you get this push down to 16 and if you don't think it's gon na break, i mean you can lock in whatever your profit is. But overall the trend seems to be in your favor.

The trend is definitely in your favor, it's just more of. Did you give yourself enough time, because you now have like what for trading days matt, i bought some amc several months ago, just applied for margin a couple days ago. A little m is next to the shares i bought months ago why uh chase, unfortunately, i've never seen that before a little m. That sounds like it's going to be brokerage specific, so um, your best option might to be to literally just like google, your brokerage name with like that.

As your question in your google search a little i've never seen a little m next to an individual equity yeah. I'm trying to think of a little m because, like if it had anything to do with margin or margin call. That would be your account, not an individual aspect of your account. A little m someone said it is marginable infidelity, someone is saying: m equals margin.

So i don't think it's a margin call because you don't margin, call an individual position. Someone just said it means macy's m stands for macy's um. If it's on fidelity it has something to do with margin. I don't think it's a margin call.

Maybe i whoever first said that it was marginable his brokerage converted his cash purchased shares to margin when he applied for march account and was approved. Okay, that makes sense. Shout out. Scott m stands for moocow.

I could buy that. So it's either that it was the proper conversion of a cash account to a margin account or it stands for moocow. Those appear to be like the leading it is held in a margin account versus cash account. So it sounds like you apply to it, and those shares are now being swapped from the cash account to the margin account.

Is there any way to differentiate between buy and sell orders and the volume example time and sales data on weeble yeah um you, the color, tells you if it hit the bit or the ask. So if it hit the ask it's green, if it hit the bid, it's red and if it's white, that means it hits somewhere in between the bid and the ask buy in sell orders yeah. So you can see where the buyer and the seller met green. They met on the ask red: they met on the mid white or gray or whatever somewhere in between the bit, and the ask shout out dark horse about 10 viewers, essentially two men, publicly text messaging with charts in the background um brendan.

I think he lost me. Man, i think he lost me all right. Someone said check melissa, lee's, twitter, melissa, lee's twitter. What is she talking about melissa lee back tonight on cnbc, fast money in re? Any requests - i would say i don't know if she's looking for equity requests or people requests equities are obvious.

If it's people, i'm gon na, have to go with hulk hogan. Here's our full interview with ceo, adam aaron, that we did for our doc how the amc, apes, cracked wall street you can still watch it on youtube. Okay, so they posted particularly the full editor view uh. So you might want to check that out.

She actually tweeted that out two days ago. So i wonder if it's like a longer interview like more of a full full-fledged thing. Wait. What is this one uh gorilla, champ wait.

What am i looking at? Wait? Gorilla champ! What's up, what am i looking at order placed hang on gorilla, champ champ, i'm trying to play catch up on your question here uh? Where are we? Where are we? They need to institute like a control f setting for people's comments, guerrilla champ champ. If you're listening right now, i'm just i i got your dm but bye. Hey seems like you own, a shitload of amc. Oh man, man, oh man, oh man, all right, whoa! Things are taking a dip as we go into close here.

I always find it interesting when there are things such as tesla that right here, the cues just took a dip, a notable dip, but tesla held what about apple apple, took a dip that actually might be apple, dragging down the cues with it. Unfortunately, we never hit that three trillion mark. Today we hit the high of 182.13, so we were off by what 60ish cents from the three trilli mark cents away. What's my opinion on the workhorse short interest? Well, first, let me check out the chart.

Oh workhorse is getting smacked smacked. Let me check out the vortex information ever since it didn't get the usps contract. Workhorse has not really had much enthusiasm behind it. Workhorse group inc, 30 um, so it's highly shorted, but it might be shorted for a legitimate reason.

Um people are just not buying it's trading at five dollars. I don't see any demand being represented. Uh i see selling pressure being represented. Maybe something will happen that prompts a bunch of enthusiasm and the buyers start to put pressure on those shorts, but you need that buying demand.

You need it to put pressure on the shorts short interest alone, doesn't really mean anything. You have to not only have a considerable amount of shorts, but you have to have pressure on those shorts which is it going to the upside when things are going down, the shorts are they're sitting pretty uh high short interest alone of like what you're seeing on Workhorse of 30. That means that the as of now there are a decent amount of shorts, but ever since june, from july, until now these pres, the pressure, has been non-existent on said shorts. Matt everything is getting smacked.

Okay, listen! Buddy! Do not tell me my portfolio is getting smacked, no you're crying uh. I lost you answering your question, while you're relying on me to remember your life for you at what point? Does it finally land that you might be the weak link in our coherence burns? I will never ever admit that uh so anyway, uh beast mode 9001. Let's just hope that no one comes in as beast mode 9002 or you might be pretty embarrassed um with that workhorse. It has considerable short interest, but we're we're not seeing any buyers stepping in to i don't know, turn the tables on said shorts.

Uh workhorse was a stock and a company that i followed intimately in 2022 and there was a lot of assumptions if you've never heard of workhorse it's a ev company based in the u.s uh. They focus on last mile delivery, so think those like big amazon vehicles. That's what they focus on, but for ev, and they were in the running to win the usps contract for the government to redo all those delivery, vehicles and kind of get them upgraded to ev status. And there was a big assumption that they would win and a lot of people were betting on it and then they didn't win and then the stock plummeted uh.

What else do we have? What other questions he watched in the future? Oh did i misspeak. I meant 2020 is when the whole usps workhorse debacle went down. I actually have a fair amount of workhorse videos like on my channel, like you could kind of see some of the um insanity of it officially confirmed to be a time traveler i freaking wish. I would tell you guys the secret i'd be like hey uh, you might want to check in on this stock.

I'd give you a strong wink, wink nudge, nudge um. I wish i were a time. Traveler i mean, even if you knew you don't even have to be like a crazy time. Traveler, you can make millions of dollars millions of dollars, even knowing what the market's going to do tomorrow.

You don't even have to be the person who knows what the market's going to do in a year like the craziest movers of 2022. Obviously that would help and you can make more money, but even if you knew what the market was going to do tomorrow, december 14th, you would make so much money so much money, and i don't know if, if someone is doing that type of stuff, there definitely Aren't announcing it on youtube, i would, though, i'd be like hey uh team have a really good feeling about this one tomorrow and then i would just like awkwardly stare in the camera for like a little bit too long, and then some of you would remember this Conversation and be like is matt a time traveler. I remember him saying that that he would do this, but unfortunately not going to happen beast mode 9001. Shout out, i thought that's what congress did? Oh, the spy getting hit apple, tesla tesla are holding lucid having a nice bounce today, how's microsoft, behaving microsoft, also taking a hit.

It's a rough wet a rough day shout out jamar for clarifying that fitzy. What is this one found the mitt's article and tweeted the abstract tagging you i pursued it good read. He appears to fight for transparency, shout out mike i'm more than excite excited to read that i think it'll be a good read i'll. Try to check that out today, uh, where are we at? We have a exactly two minutes: a minute 45 until the market closes, i'm just giving you that reminder in case you are battling with pattern day trading and you need to really fight that um.

So, if you're trying to get a trade in before the market closes, this is your warning to do that, because you now have about a minute and a half left. What's going on with piton piton's having actually a very good day a very strong day, these people are getting in on some piton calls bounced off of 38 and has not looked back ever since um. I don't know if there's breaking news on it hang on one. Second i'll find out piton pitan pitan pitan, i'm not seeing any he's alive.

Peloton ad resurrects, mr big after his and just like that demise, don't know what that's talking about uh, so that is piton. I don't think that would be what's pushing the stock, though piton might just be the beneficiary of some nice dip buying off a 38. It double tapped. It right here started ripping got this breakout above 39 and just has not looked back.

People are just buying buying buying uh in terms of the two hour perspective. Would love to see this break above 42. 42 is very much the line in the sand sex in the city reboot, mr big, hmm, how's, the inflow higher than the outflow on amc and it's still down uh, because it depends on let's be in the first episode died. Oh wait! What he in the show died on a peloton yeah, i'm completely missing this one ding ding ding.

The market is closed. Someone remind me tomorrow to talk about inflow and outflow and basically how it's um a confusing statistic that a lot of people try to cite, and i don't know um if many people quite understand it, but to give you like the quick overview on it, influent outflow Is hitting the ask versus hitting the bid? There's no such thing as more buying than selling more selling than buying that every buyer has to have a seller. Every seller has to have a buyer inflow is hitting the ask outflow is hitting the bid. The reason in which you can have a higher inflow and the stock goes down is just you have that much supply.

You have that much selling aggression, you have those selling walls uh, so even if it's hitting that they continually walk it down by representing more and more supply is the way in which you have a higher inflow, and yet the stock still goes down. It's a little bit confusing it's a little bit silly. That metric in my opinion, is mislabeled. I i think inflow and outflow is a bit of a misnomer, but that's your quick overview on it and i think the only place you actually see it is actually on weeble.

I don't know if i've seen inflow or outflow being represented anywhere else um. It's just not the best name so watch the video of richard poor, danny was talking about a guy who said btc over 100 mil by 2031 thoughts, love the live streams, a hundred mil, i don't know about 100 mil. That would be awesome, but i'm kind of looking for the market cap of bitcoin to get into the realm of the market cap of gold, which means even where we're at now, like kind of 10xing, i mean 100 mil uh. I would have to hear the reasoning for it to see if i agree or disagree, but for me of, like my longer term predictions i'm looking at will bitcoin become equivalent to the overall value of gold, i'm tempted to open a new account call your super secret Boyfriend, north korea just to see, if you read him her, they better brendan, that's a fun experiment.

We could try to run through there folks that wraps up power hour. As always, this was a painful day, but it was made better by being able to hang out with so many moon gangers, so many apes. I do appreciate all of your time. I do appreciate all of your support um today.

If we missed it, we did pilot a whole new crypto show it's crypto specific. So if your interest a lot like a line in the world of crypto check it out, it's about a 30 minute show it's posted. It was on live stream on twitch, but it's also on rumble. It's also on youtube, so you could check it out wherever you want to check it out.

It's about 30 minutes, like i said, crypto specific. If you don't care about crypto at all, i guess my advice is just don't watch it then, because it's all exclusively about crypto, i don't know but feel free to check that out and then also all the important clips from the day will end up on coors Light just so you know not long from now. I'm also going to be doing a yahoo live stream. I think it's a live stream, maybe it's an interview.

That's going to be posted later, but pay attention to anything going on, live with yahoo, because i will be with them if you want to see what's going on there, but other than that i have. I hope you have an absolutely fantastic afternoon evening night, whatever time it is for you, i hope you have a great one uh as for tomorrow, i will be streaming once again: crack of dawn, 9 a.m, bright and early. I hope to see you there and until i catch you at that moment, as always for me and share best of luck in the markets.