So gang hello, hello, hello, welcome, welcome! Welcome, let's run some of these, so don't go blind! Don't go blind! It's power hour power hour power hour december, 29th. 3 p.m. We have about 60 minutes left of fun in the sun today. You know we're going to be talking about some charts.

You know some of those like squiggly lines, prices go up and down emotions go up and down we'll be talking about those, but i also want to talk about a recent development related to short interest, and i want to talk about it now. In said conversation, some of you are going to have this thought of that makes sense. Now others of you are going to have the thought of probably something a lie in the lungs of a line along the lines of no you're you're you're, not an ape matt you're, a shell just paid off by the cappuccino industry. Now, if you feel that i'm sorry - but this is also what we should talk about, so this is going to be fun, you know, let's let it rip, let's let it rip well, the market ever since midday has actually been bouncing and gamestop had a notable bounce.

142 up to 155 love it recapturing 150. The level after that that i care about is 160 gme up 5.6 and amc's in the green as well up one percent trading at 28 flat spy. Turning back around up 0.13, the queue is flat: 0 on the day. Iwm flat 0 on the day now we might as well get into this right off the bat amc's estimated short interest by ortex, which is by far i don't know how to be more clear about this.

I know of no more accurate source than ortex 17. 17. That's the data i have and for anyone out there to say that it's something different, you have to have a data source. You can't say that it's way higher, just because some person on youtube read it twitter or my gut feeling, tells me it's higher.

That is lunacy. We can't operate like that. We're going to get into it and, as you can tell i'm already a hot tamale, because i just don't get some of the stuff that goes on in this community literally one day to the next gamestop has an estimated short interest of 14. But just so you know, let's focus on this number right here of amc at 17, because a lot of people are saying what is going on with td well td earlier today and also shout out to short the vix.

Thank you for asking, and just so you can see kind of what's going on here. Um, a lot of people were pointing out that they saw 40 on td, and then td people were like. Is this true like what's going on? Thank you for asking. We've checked and found the data to not be correct.

This is from td, not be correct. Our technology team is working. Excuse me, our technology team is working to correct the information we have no eta but hope to have the correct data restored soon. Thank you for your patience and then short the vix followed up, and then we get a better idea of.

What's going on, we apologize for the confusion, given the numbers from our fundamentals: page 96.7 million short interest divided by 514 shares outstanding, equals 18.83, and, once again, this is in reference to like mid december. Our technical support is working with our vendors to verify this information. So, as of i believe december 15, 18.83 and honestly, i have not checked this. Let's see how accurate that is estimated short interest.

Uh. Let me hide this other one. I just want to know what it was on december 15th right there. So actually, at that point or text was estimating 21 so for the same date or text coming in at 21, and then you have td coming in at 19., so pretty much in the same realm difference of two percent which is uh between that um.

I don't know, i would say, that's pretty spot-on uh. Obviously it could be a little bit more accurate, but that's the number. The number is not 40. If you think it's 40, the onus is on you to show some sort of evidence.

You can't run by the fact that there's people out there who've told you that there's billions of shares short. Where is the evidence of it like it's, i'm not here to say that that's not right! I'm saying i need evidence. I have the platform i'm more than happy to promote that to the world. I get invited to go on news, i'm more than happy to explain that to national media, but we literally cannot say it with some sort of evidence without some sort of evidence and if your evidence is some other youtuber, twitter, twatter or redditer.

Just telling you that there's billions based on lunacy such as the brazilian bdrs, the fact that someone inappropriately explained darkpool to you, it can't be some crazy idea, that's not backed by anything. We have to have evidence if we don't have evidence and we just have an army of people telling you oh yeah, no like actually it's just higher, and i know it's higher. If that's it, we're laughed at, we get nowhere, and what's insane about this is that this is literally happening the day after people freaked out of not verifying sources. So i'm referring to the amc, gme adam aaron, nft platform.

Like that thing, everyone freaked out and they're like you, have to have evidence. You cannot present things to the world matthew. Unless you have your evidence, you double check you triple check, and then you quadruple check your double in your triple check. Do not make a video whatsoever unless you quintuple check everything throughout the day.

That's all we care about that happened yesterday that blew up last night and it was a hot story this morning and then what a couple hours later people were like. No, no, i think that's good. This is wrong, even even though td is saying that they were wrong. I actually think that, like does no one see the craziness in that contradiction.

Like am i the one like the three brokers reporting it that's they're using the same source. That's how it's the same. Oh man, when are people going to learn? We cannot trust brokers if you don't think that brokers are not part of this overall problem, that's that's like clearly. Brokers are part of the problem, they're, the ones making money in this scenario between commissions being paid and payment for order flow.

That's you right there saying that it's the brokers that would be equivalent if the news i was sorting was from like citadel news, inc, llc citadel citadel news daily would be the equivalent of using brokers for the short interest. This, like that, it just doesn't make sense. Like whatsoever like it is so nuts brokers are not the ones who have anything to really do with it. You look at the market volume and that's ex ortex is sourcing from market transactional volume.

85 coverage. Yes, do some of these brokers have particular insights into their own brokerage? Well, of course, because they know what their clients are doing. Do i think that most are probably reporting legitimate, accurate information yeah? I actually do uh, but that doesn't mean they all are and they clearly got it wrong. They admitted they got it wrong.

So what i don't get here and the juxtaposition of literally what happened this morning, everyone was more than willing to hop onto binzing and be like look benzene even said they got it wrong so like they got it wrong. How did you not double triple check it? What is the difference here with td saying we got it wrong and everyone's like well, what no it and the difference is confirmation bias. The difference is the amount of people that want it to be true, that's the difference across the board. It's just like it's.

This very very dangerous echo chamber now do i think that it's particularly noteworthy that these particular issues happen, seemingly more with amc and gme to, i don't know, maybe stir up a particular response, like very particularly an emotional response. I think that's a massive oddity and something that should be looked into, that we see more and more of these mistakes and misreports and those types of developments related to amc and gme. I think that's wildly insane and i i don't think it's by chance whatsoever, but when they come out and they're like yeah, no, this is wrong and now there's people fighting back. The other way like.

I think the fight should be like. How is this not checked? Like you should go out of your way, td fidelity, e-trade everyone to double and triple check, literally the two most popular stocks of the year to make sure the data being presented to the public is straight on and right and accurate um, but with it. This is the dangers of echo chambers. This is clearly the dangers of echo chambers and it has very much the vibe of like kind of do one thing.

So people are paying attention over here while like there's something even more horrendous and insidious going on in a different place. Like i said, brokers are not our friends in this scenario, brokers are obviously not our friends. In this scenario, brokers, particularly prime brokers, are one of the main two methodologies in which naked shorts are created, prime brokers and market makers from day one. I've said, those are the two establishment businesses corporations.

We need to look into prime brokers, market makers to think that prime brokers, brokers in general are like on our side and have our back and are like fighting for the little guy they're, not they're, fighting for themselves. They are fighting to improve their own top and bottom line as much they'll do what they can to get your business like they're, not on our side, like whatsoever they're, not on our side. So, to like, i, i guess, think of brokers as someone who's, like our white knight fighting for us and like going for like legitimacy and accuracy, that's just not happening. That is not happening whatsoever um.

Where are we one of two super for all the haters i'd? Like to let you know, i'm grateful for what you've taught and appreciate the hard work and effort. Anyone who has the audacity to give you shout about making attendees needs to look at the mirror and reflect. I mean that's just absurd uh jealousy on their part. The two of two i tell everyone, i know if given an opportunity to do something great, you do with all your heart and if you can't do something else, keep your head up and don't let the trolls ruin what you're doing much love and respect to the Moon shout out tony h use this on your super real girlfriend, even if she is a mop or donate, it just want to say, don't stop what you're doing.

What's going on what is going on. I appreciate that tony h shout out in the end when the dust settles and the dust will settle, there is going to be a clear difference and it's going to be absurdly obvious between the people in this particular community who are hype and have no clue what They're talking about versus the people who are fighting day in and day out for technical accuracy and fighting for like actual legitimate information and reform in the places that reform is obviously required. Do not forget the little fact that the truth is on our side. We don't need to go out of our way to be hyperbolic and bombastic to get our point across the truth.

The cold, hard truth is obviously on our side. There are vicious, i guess, business practices that are currently set up that are highly detrimental, not just to retail traders, but the entire wall street establishment. It does nothing but increase the fragility of the system in return for a small amount of players, making extra money and a lot of extra money, but every time they do it like. I said it is it's creating a bigger and bigger house of cards.

In this scenario, i truly and deeply believe the scenario that played out in january particular to gamestop. We were not far away from a true failure of all of wall street. What was going on with the power concentration, high power concentration and few and two clearly too few of market bankers, with only one being able to consistently provide liquidity to the market? That is not a strong system, especially when the company that did it sells video games. This wasn't apple, this wasn't microsoft.

This wasn't tesla that, like pers, like ended up providing some sort of existential crisis to the market. This was a company that, when it first started, had a very very small market cap and obviously now it's like quite a bit more. But at the time we were talking about roughly three billion dollars. A three billion dollar company presented a risk to a 50 trillion dollar system.

Folks, that's the truth right there. We don't need to go out of our way, and just like say this, like dumb trust, me bro, to try to get someone's attention. The truth is already on our side. It is it's just that is so insanely factual, the extreme amount of off exchange of trading just for one, when you're trading 40 to 60 percent off exchange.

How do you ever have proper price discovery? What about the insane conflicts of interest that are prompted by that? Why are shorts not reported in 13, 13f filings? Why is there such thing as pdt? Why is there no clarity on ftds? Why do we get those ftd reports late? Why are we only getting short interest reports every single two weeks, all of this stuff? We live in the day and age where we're talking about going to mars and we can't get daily updates of numbers. It's an excel sheet. You add the green numbers and you take away the red numbers: how in the world is that not updated quickly and promptly and efficiently? Why is there a two-day settlement that literally, i can tell you why? There's not the only reason we don't have less than a two-day settlement is because of the brokers. The brokers are the ones who are arguing it's far too costly.

Whenever we went from a five-day settlement to a three-day settlement, it was a horrific fight because the brokers didn't want to redo their systems. They said it was too costly and yada yada yada. The exact same thing happened when we went from three to two days for a settlement, the brokers, particularly the prime brokers, they fought and they fought and they fought. You know, what's gon na happen, we go from two to one days.

The exact same fight is going to occur so for all of this to have, i guess the misconception that our particular case is already not strong enough, and we have to somehow. I don't know like really tighten on our tinfoil hats and go even deeper and deeper and deeper. Our plate is already full, like the truth. Is there it just? We need to, like, i said, be technically accurate.

Clearly, we need to be technically accurate and when we say these things that are just like embarrassingly wrong and i'm not even in any long like any more referring to like the specifics of what's going on td ameritrade, i'm saying more like across the board every time The community rallies around an incorrect concept and chooses to not drop said incorrect concept. It lessens our chances of being successful both on the regulatory front and also on the stock front of making money off of these stocks. Squeak, like the shorts getting squeezed out of their positions, three stocks that are predicted to squeeze relie, ptpi, bfri check or texan c, all low flow, high short interest, high cost to borrow those are all prerequisites, but that doesn't those are all binary of like you need To have those two squeezed, but just because something has a high short interest doesn't mean it's going to squeeze. Okay, here's a philosophical question for you: would you rather, would you rather amc the price, be higher trending higher with a lower short interest, or would you rather amc's price be lower, but with a higher short interest, and i'm not saying let me maybe give you some Numbers would you rather amc right now be trading at 60 with a 12 short interest, or would you rather it be trading at 20 with a 75 percent short interest? I know that's a little bit rhetorical and a little bit, i guess philosophical for me.

Personally. You got to care about the price action just having okay. Maybe we could attack this a different way if td came out and if everyone came out td or tex freaking, my grandmother. If everyone in the world admitted and said - and we all agreed upon that amc's short interest was 40 right now doubled it up more than doubled it up wha.

What would that change? I don't for the people who are saying 20, i mean i i don't know i'd i'm. I have some questions for you. You would prefer to be at 20 with 75 short interest. Why short interest does not make a stock? Go up? Buyers make a stock go up.

There is a scenario in which shorts feel pain and, like you can get an idea of how many people might be feeling pain, but it it's the price action. It is clearly the price action we should care about. What is the direction? What is the trend? You should care about the direction, the trend and also know that there's still shorts in the game. The game is squeezing out the corn current shorts.

Just because there are shorts does not mean that they're going to get squeezed. That is like a falsehood, and i don't know who's particularly pushing that, but you need it like the way i think of shorts. It's literally just a check mark. Are there a decent amount of shorts and obviously the more shorts the higher the proverbial ceiling, but once the shorts are in play, what you care about is the price action.

The price needs to go up to put the pressure on shorts just by the fact that there are shorts that doesn't tell you anything about the direction of stocks. In fact, the odds are the opposite of that. Typically, when something is highly shorted, the trend is downward and that's actually kind of something special about amc and gm is that they bucked that trend. My td ameritrade is still saying 40.

yeah they're, saying that they're updating it uh does not matter whether it's 20 or 100 dollars when the what the number matters is, how long they are forced to hold loan shares. Well, they're not forced to hold it at all. They choose to hold it. How will we know when the shorts cover it takes technically two days to be positive of it, but you'll see it in the return shares on something such as ortex? Is there such thing as long interest? No uh because interest is what you're paying you're gon na pay interest, because you're loaning stock, like if you are long you're, not borrowing stock from anyone like you own it yourself, rbc canada, reporting same yeah because they're all sourcing it like they're, not sourcing, that data Independently e-trade rbc a lot of these they're, getting it from the same source, they all have like there's only like a handful of popular data providers.

It's not like td, is doing their own calculations on short interest. Neither one matters: if you don't have incoming volume driving the price action up. Company could have a hundred percent short interest and the volume is at 10. Ain't happening yeah.

Well a lot of the time. I agree with you uh big mike, but a lot of the times, the the swings like what i'm saying positive price action commonly correlated with also spikes in volume, but, like i agree with you that yeah okay, technically, you would also want some volume in there. Yes, i know e-trade shows the same once again, all these brokers, they're sourcing, it from the exact same place and it's obviously a miscalculation, literally the volume and the price action like it's not like the short interest magically jumped up like doubled up over overnight. Okay.

Let's do a little bit of math, let's think so, right here i mean they're, just sourcing it wrong, because we know it's like as of december 15th. This is the official report like this. Isn't this isn't even something that's like possible, like whatsoever? Everyone agrees that, as of december 15th, 96.7 million shares were short as of december 15th. This is the exchange, reported short interest who reports it.

Hedge funds don't report it that's another thing that people believe in this community. It is finra members, so basically think people who can like - actually, i don't know like execute shades trades - is like probably the highest well level way to think about it. This number, let's work off of that number. Even td said it: okay, so for it to be 96.7 well, how are they getting 40 when we're roughly reading 19? Well, that tells me that they're dividing by the wrong number, we know that there's 513 million shares don't believe me go check out the scc filings right now for amc.

We know it's 513 million. So what you do is you divide 96.7 by 513, and that's how you get this short interest. This tells me that whatever data provider td, e-trade rbc and whatever other one, you find for whatever reason: they're dividing by 250 million they're dividing by the incorrect number. They are dividing by the improper free float they're dividing by the improper outstanding shares, which, in this case for amc, is roughly the same they're dividing x, divided by y.

We all know what x is it's right here. This is an official report. Even td said they were dividing something by 96.7. That number that's 96.7 is being divided by.

We know the proper numbers - 513.. It's it's in the sec. Whoever the data provider is for some reason, they're dividing by 250 mil. Why are they dividing by 250 mil? I don't know - and i guess i don't really care, but i know they're wrong, because we are all well aware from the dilutions that happened over this past year, that there are far more than 250 million shares of amc, whoever that data provider is whatever they chalked.

The outstanding share account up to be whatever they chalked. The free float up to be was wrong and it's wrong by a magnitude of a hundred percent uh. You have to that it's it's off. They need to double it up from 250 to over 500..

This isn't something that it's like, there's not really in terms of december 15th. Is there room for argument of what the short interest is right now well yeah, because we're waiting for the next report, which will be the end of december, but as of december 15th, those numbers are etched in stone. There's no question about it. There's no like wiggle room there.

We know it's 96. We know the outstanding share count. This calculation, all you need, is two numbers x divided by y. We know those numbers, you can do the math.

I can do the math uh. Third grader could do this math. It's just x, divided by y. There's, not you got to kind of think about like what this all means in the whole system.

What source are they all using finra for if you're referring to this? This is the exchange, reported short interest um, and so this is coming from all finra members which there's i don't know thousands, probably well, actually, no there's 2. 000 dtcc members. I knew the finra number. I don't remember that off right now at the top of my head.

I knew it at one point. I looked it up, but if you want to know exactly who is and what rfin remembers, that's all publicly available, you could go to google right now and just search finra members and you'll see the entire list, but it's basically a bunch of market makers and brokers. Uh, it means computer, read it and did the math and came up with forty percent, and how would they come up with forty percent by dividing by the incorrect number for whatever is going on? They i'm assuming just are thinking that the outstanding share count is half of what it really is. Finn remembers aka self-reported it's technically self-reported, but people are assuming that um.

That means like hedge funds, that's not who's doing it. It's like just the people who are setting up the deals and it's it's self-reported, but i just want everyone to know like what who is the self. In this scenario, it's not hedge funds, so the computer is getting bad information and is not right. I mean we saw this previously before remember when we saw an incorrect like on this stream months ago.

We saw that the outstanding share count was incorrect on amc and we were actually like - i emailed ortex ortex um emailed standard and poor's, and they actually got them to fix it because they were reporting the wrong number. So i strongly believe that the issue is uh at some point. Someone has the wrong number of outstanding shares, input for amc like and - and this isn't even new. This isn't a crazy idea like us on our stream.

We figured out the one a and then from there we talked to ortex ortex talked to standard and poor's the s p and they're, actually a very common data provider for a lot of these people and within like a day, they got it fixed and they even Admitted they had the wrong number, because when there was a dilution, they accidentally put the dilution in twice, so they added 40 like two times or something like that uh. What sources are they all using? Okay, finra? We did that. What else do we have hey? Matt? Hope, you're doing well in the short term, lower price high short interest, but long term medium to high price, low short interest because of fundamentals as a company, oh back to like what would you like philosophically have i, i guess my point in all of that and We're maybe getting an s p 500. Breakout here pay attention to this.

How are the queues? Looking um is high short interest alone. It doesn't. You can magically make amc double this short interest right now and that's not going to have an impact on the price action in the moment. It's think of short interest as the amount of like powder you're putting in the keg it doesn't matter like.

You still need the match to blow it up. Uh, you could fill it up as much as you want, but that doesn't mean it's gon na combust. What we need for amc's buyers, like you say, just jump back on the hype train and remind everyone about potential of the stock. You have 3k watching right now.

I mean i never tell anyone to buy or sell if they want to buy or sell. My point my i view my position um as just explaining what's going on, and then you could use that information. However, you want, i will never ever tell anyone to buy or sell um, obviously, from a legal perspective, i'm not a financial advisor, but on top of that as a moral person, i'm not a perfect trader, and i also don't want to collude and like manipulate anything And is that possible, with 3 000 i'm highly skeptical that 3 000 people could manipulate a stock in which we, unless we were like 3 000, very rich people, but my job is to explain. What's going on to the best of my ability at i'm the educator, i am the person uh calm cool collected, trying to teach about trading trying to educate about market structure.

I am not some drone who simply looks at amc stock all day, i'm not some drone who simply looks at gme stock all day, there's other people who can do that. I am not a hype person. I am the factual guy. I am the guy who explains.

What's happening to the best of my ability to the highest accuracy, i could possibly present. We all have our little. I guess niche to fill i'm here to teach about technicals, i'm here to teach about market structure, i'm here to keep emotions in check. I'm here to explain the emotions of trading i'm here to stomp out fudd, and i'm also here to try to break our horrific echo chamber that we have going on there's other people that can hype.

There's other people who can simply keep up a stock and tell you that the price is that all day, that's a waste of my time. I think it's honestly a waste of your time for someone to do those things to me. Stock trading isn't an emotional like hype, fest, it's not simply watching a chart all day and just saying the price out out loud. That's not what interests me.

I don't think it's what interests a lot of you. I think a lot of you are interested in learning. A new skill set and trying to figure out how that can make you money, and maybe the kicker here, is that we can change the overall system for the better, which has obviously become a passion of mine over the past year. That's what i'm interested in.

If that's not something that you particularly find value in, that's all! That's all right, like you, don't have to hang out here if you do find value in it. I hope you do hang out here, but i don't. Every single person only gets 24 hours in the day, no matter if you're rich poor, it doesn't matter, everyone gets 24 hours. So, if any of that time, no matter what your portion of 24 hours is, i want you to spend it in the way you think is most ideal and i spend my 24 hours in the way that i think is most productive, most ideal, the the best Utilization of my time, it's like this one resource, that's finite and it's every single day we're cashing it in and you just got to do the best you can with it um.

My time is not at all best spent just watching a chart and telling you what it's at. It's not spent just telling you some random like hype. I that that's not me it's just not me as a person. I prefer 100k with zero percent short interest.

What source are they all using most likely standard and poors? But i don't don't like that. I'm not positive on that. I would have to ask them literally just had an argument with the popular ape who confused amc, turning white to being break even with a micro hall and then lied about weeble, confirming it retweeted you it's a funny, read yeah white just means that it's break. Even that's funny long time, watcher first time, super chatter appreciate your content and methodology.

Many questions, but we'll keep it to dis. How long 160 calls today? Oh wait, we'll keep it to disney got some long. 160 calls today, thoughts, disney's been looking good 160 calls, i'm not quite sure about your expiration date if you're talking like, let's say, mid, jan, if that's like, if you have that or farther i like it, but i'm seeing strength in it. I still think the overall market's going higher and higher uh, not as fast as i would like it to.

If i were you, depending on your expiration, i might want to lock in some of those around 157 158, but once again it comes down to your expiration date, but i am personally bullish on disney right now, especially did we hit a new all-time high already on That push 178.81 close, just joined ttg's trial and there's a lot of the same technicals you are discussing. I see the synergy, keep up the great work. Yeah i mean if you want to try out um, maybe i'm not the best articulator orator or just educator for you um. I'm definitely going to be the funniest person you run into, but in terms of an educator.

If you just want a second opinion - or maybe someone who explains it slightly different, because we all learn in different ways - and if you want to take your trading slash, investing career a little bit more seriously, especially for the new year, there is a three dollar one. Two three three dollar trial pinned to the top of chat. You get one week's access full access to tdg. My recommendation, for you is, if you're interested in it, do it and talk to the members.

Don't if you talk to me, if you talk to the owners, if you talk to the mods, there's going to be a little bit more bias, because people are always like happy about what they made, i'm telling you talk to someone who's been in there for three Six months and ask them be like has your time in here made you more money trading groups, it's super easy of a yes or no, should you or shouldn't you join? Do you make money? Think of yourself as an investment does joining it. Make you more money? Yes or no, if it makes you more money, you do it. If it doesn't, you don't do it. It's honestly that straight up what are your thoughts on? Plt are good entry points, so pltr has been getting beaten up lately and i actually so 1750 is what i would be watching.

But if you're looking for like kind of a data analytics the one that i've been watching more so is actually snowflake the closer. Obviously, to 300 the better, but you could also play this trendline breakout. So if you're looking for a data analytics play, excuse me uh, snowflake, an interesting one to kind of like jump into and just see what it's about, i'm a gamble boy. What else do we have j boogie? That's a! I prefer 100k with zero short interest.

I like that, what source are they all using all right? We did that we did that. Okay, i think i am properly up to date, we'll find out we'll find out all right, so we have about 20 mo minutes. What else do we have going on? Is this properly? Okay yeah? We are rocking over here, benjamin wanklin, eddie getzer, shout out shout out and we're also rocking there on twitch on twitch all right. Let me see one thing.

One thing one thing one thing: what else do we have any breaking news? Yes, no! Maybe so! Yes, no, maybe so! Yes, no, maybe so no! The answer is just no. I suppose i suppose that's what it is. Oh someone said: tesla tesla, tesla tesla. I wanted to get tesla calls.

Why did i not get approved? I'm still not approved i'd be in some tesla calls right now. If it were up to me, but it's not it's up to a one-day business approval. It happens, it happens, it happens. So has anyone else lost track of what day it is? I did just so.

You know it's wednesdays december 29th: heavy weight. The third shout out thanks for the follow, gator, don't play. Gator, don't play america um. Where else are we at good bounce? I mean tesla man.

I miss out on money on that one uh. Can you react to the sheep ama tonight or do a live viewing? I was planning. I like. I have a little bit of a busy night, so i was actually going to like have like kind of watch, a recording of it in the morning get up early.

Um, i don't think i'll be able to do a live, but just so you know if you're interested in cheap. Yes, there is an ama tonight, uh tesla, going to rocket tomorrow before earnings as usual, we'll find out we'll find out we'll find out. I wonder i wonder if that's like the play, because the technically i should be fully approved, so i was gon na, do like a 2022 like public account which i'm gon na do, but i'm almost wondering if my very first trade should be a 100 percent. Yolo bet on tesla's earnings, it's something i think some of you are going to be like, oh yeah.

It totally should be, and then others of you would be like that sounds silly, but sometimes that's showbiz, baby, that's showbiz! Oh man. What is this one invicare corporation looks like it wants to come back up to three bucks, and then i would just maybe get a breakout, but you do have some bullish divergence. Looking strong medical specialties, i'm not the most in love with its long-term chart like at all, but in the short term, you might be able to play a couple percentage points. I'm just cracking up.

Thinking of just this giant, yolo bet. Technically, we could do it and it wouldn't even technically be violating the rules, because it's not 2022. Yet it could be like my final tesla trade of the year like we could all just uh close the year out on a bang, either make a lot of money or lose 10k uh. I lost track of this whole day, left my keys in my car and waiting on a jump because i miss my niece and nephew's birthdays.

Turning it around now, kinky kong it'll bounce back always with um. Always the positivity positivity will go far as news. I'm proud love to talk to you happy to looks like we got some prague updates all right. How is crypto doing still kind of range bound, hopefully getting a little bit of a bounce.

Obviously, it's been beaten up lately biting up uh. Let me just double check that someone is asking uh. Let me double check the earnings to date. Actually it might be.

Jan, that's not going to dissuade me, though, for my bet, uh q4 yeah, i'm seeing hang on. Why isn't it coming up here? This is saying fab, so we went from july end of july to end of october august september october november. It's jan yeah. I don't think it's this week.

It's definitely the end of jan but, like i said that doesn't have to dissuade us from our yolo bet. Can you go over the ortex data until raise a 52 week low after a seemingly great year? I don't know if i would call it a great year. There wasn't much positive development in the world of marinara legalization in the u.s. Short interest is 10, so actually below both amc and jimmy till right, yeah, like, unfortunately, it's a race against the clock for a lot of those guys, because, like they're burning through money and they're, just waiting for that federal legalizations, your thoughts on experts saying tesla will Go bankrupt by 2030 due to all cars mfgs, getting into ev space and spacex losing millions a day.

I don't believe it for a second, it's the leading eevee company uh. It's first mover advantage. I think tesla will, unless something crazy happens, especially by 2030. I think tesla will remain the top ev company in terms of market cap and in all reality i wouldn't be surprised if it becomes well.

Actually it is already the most valuable car company. I wouldn't be surprised if it stays the most vault valuable company car company at like not even saying evie, like i'm saying across the board um for the remainder of the decade for like the next, what eight years, reali or tech. So i'm hearing that vortex actually on that one has a. They didn't account for the stock split on reli.

So that's why the short interest is incredibly high, but even with it, if you do like some quick math on it, it's still high. It's just not that 700 number, but it's still considerably high uh trey, said amc short interest is 40. I don't believe he did. He said that he had like a weird conversation with td, but he didn't say it's 40.

He knows it's not 40. or he knows we don't have. Let me rephrase that he knows that we don't have data that suggests it's 40.. How long does it take to transfer your portfolio to public uh? I myself had horrible success doing that from weeble.

I ended up having to do it manually, as in i just sold on one account and bought on the other account because the transfer just like was not going through. I was waiting for weeks and it just failed. Uh amc up over 1200 in the last year, with 28.8 billion in volume, pretty sick, that's actually really impressive. Almost person 30 bill volume traded on a what 28 stock.

That is nuts, that's actually really really impressive. Um jackson hunter said 40. Okay, i mean people can say, like you could say anything that doesn't make it true, like you have to have data um. Once again, this is in direct contradiction to literally what happened last night and this morning of people like demanding fact checking.

There's no fact checking on this 40. It's there's nothing that suggests it's actually 40. There's not a single shred of evidence that anyone could produce saying it's 40. In reality, it might be 40 if you think there's that much of an egregious uh like malfeasance of improper reporting, i'm not saying it's impossible, i'm saying there's no data that suggests that you have to have like the onus is on us to produce the evidence.

Matt. Remember when your computer crashed and you ran to the store - and he gave you his oh, he gave me a connector that i needed. I actually was still using that connector. That was awesome.

Also ta, please, on abct and sprb. Thank you made me my own boss by your teachings daily this year. Thank you more than that's awesome. That's so cool avct activision! It's looking good tomorrow, you're going to get a lot more answers.

If it breaks down below two dollars, 216 you're gon na then watch 180-ish, but if it bounces off of this you're, going to look for another push of 260. uh decision day for avct, you can have it tomorrow for sure. What's up you thick candlestick uh, when do you suspect bitcoin will pop i'm in mara and they are tied to it at the hip, oh yeah, with mara being like a major crypto miner. I think in the first quarter of next year.

I think it's going to be somewhat centered around interest rate hike talks, but i think yeah i think, within the first quarter of next year, we're going to see some volatility. I kind of hate wish but check out the hourly chart bullish divergence on the rsi possible reversal. Definitely like i know i'm on the two hour, but uh interesting, rsi yeah. I guess the way to play this is to actually just get.

Some confirmation bars that it's starting to pop back up and you might be able to ride that - maybe 330 maybe 360 - something like that because the trend has been down, but at least if you do get in here, your risk is super minimal. You could risk like six cents if you wanted to um, so superior wrister reward play up, but the bounce not quite confirmed, but that's actually a good call out you thick candlestick um. I personally don't have a wish position just so everyone knows not my cup of tea, not my cup of tea, i'm more of a blow your money on tesla lotto plays kind of a guy to each his own to each his own prague rip. I hope so.

It's hanging out at that supported two dollars hanging out at the support and i guess there's some news we have coming out about prague. I mean i like prague, i'm a fan of it uh. This is boring af. Thank you don't mind me.

It's not like. I poured every waking second of this last year of my life into this, but yeah thanks. It's not like i'm going to be thinking about that. One random comment on the internet for the next 72 hours.

What's up matt, i have 50 contracts. Amc january 21. 20. Calls bought in april at only 2.95 want to roll for more time.

What would you do? Um if you know you're gon na roll, you would probably want to roll earlier like if you already know you're going to do it. I don't know if you're going to like want to keep to the specifics of rolling and like keep like that exact strike price of 20.. I'm trying to think of how i would play it see. I guess my problem is right.

Now i don't necessarily it's a tough call for me, because i don't necessarily view right now as a good time to get involved with amc options. I'm just not liking what i'm seeing in the volatility like. So when i look at the the greeks, it's just not favorable to me, so i i wouldn't even play options right now on it. I suppose.

So that's a tough one. If you had a hundred dollars free, where would you invest it a hundred dollars? Where would i put a hundred dollars probably loop ring because you could buy a decent amount lrc and i'm like i'm bullish on lrc matt have some sangria and relax. You killed it ta on s p, r b. Oh, this is actually looking kind of nice.

If this thing can push above 4, 30, 4, 40 440. - this is kind of a nice bull flag setting up on it. I have no idea what this company does, but from the technicals it looks strong and your risk is 350.. Don't fall for the fud shout out.

Oliver. Is there a gamma squeeze setting up in the option chain for january 21st, so gamma squeezes and short squeezes? It's not binary. It's not like yes or no. It's always a gradient of how extreme, if there's any options being traded out of the money, if there's any short interest.

Well, those can be squeezed. It's just it's a gradient of how extreme it is, so don't think of it as a binary scenario and the ones that are in there yeah. Of course, they could be squeezed both the shorts and the options market. If the price action follows like you need, the price action leads the way if it's like what came first, the chicken or the egg.

Well, what came first is the price action: it's not the chicken or the egg. How do you feel about puts on robin hood? I hate robin hood, but also this is the equivalent of chasing a runner right now, robin hood hit a new all-time low today. So the same way, i would say you don't buy a stock when it's at its new high, you wouldn't short a stock at its new low. It's just chasing.

What else do we have someone load up on prague, hey, i'm in prague. I, like prague, thoughts on roku how is roku playing out today, po piqued, my own interest, not the best so that options trader getting messed up from yesterday, so intraday chart boring daily chart honestly ever since the 20th kind of boarding but you're watching the support at 2. 22.. Any end of day movers on wales, um tesla, put amd, put mara, put tesla, call adobe, call salesforce, call salesforce, call novavax call tesla, put tesla put tesla put ooh tesla put just came in again: oh gan, 317 317 fat ones, shorting cappuccino as we speak.

You take that back. You don't say that around here. Let's get some only fans action going on here, all right. Where are we at? We have 45 seconds just a very quick reminder in case you are battling pdt uh if you're trying to get that final trade in that final trade.

In what else do we have the spy taking a weird dip right at market clothes? Lattes for the win? Hey? I like lattes but they're. They don't pay me as much as the cappuccino industry. A lot of people think that the cappuccino and latte industry have a lot of overlapping interests and they would be supportive of each other but they're not actually at all. They hate each other a little little fun fact.

Casino is closed. Folks, folks, folks, that is it that's all. She wrote for wednesday december 29th. The book is closed.

I shouldn't say the book the chapter's closed, but the book is almost closed on the year. Now we have two more trading days, folks, this is you're in the final stretch you got ta. This is the final minutes of the final quarter. You got ta, leave it all out on the field two more trading days.

Just so you know, i will be tomorrow's. A normal streaming day so i'll be up with everyone crack of dawn nine a.m, i'll be up when the birds are chirping, so we'll be doing that stream, and then we have the crypto stream at two, and then we have the power hour stream at three. For this evening, i'm gon na do a quick little crypto related video about some fun stuff, so uh feel free to check that out, that'll be out in the next couple hours for sure, so that'll come out tonight and then i'll be streaming once again at nine Um, if you enjoyed the stream on your way out, it'd, be greatly appreciated. If you could drop that like button and if you haven't already don't forget to subscribe liking, subscribing helps me out more than you could possibly know.

Thank you. Thank you. Thank you. I appreciate your support and, as always until i catch in the next video, as always best of luck in the markets.

I hope you have an absolutely fantastic night.