New Year, New Highs (Stocks Ripping) πππ
Dumb Money w/ Matt Ep. 203
AMC, GME, AAPL, MSFT, LCID, NVDA, TSLA, BTC, ETH, SOL & SHIB
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
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Dumb Money w/ Matt Ep. 203
AMC, GME, AAPL, MSFT, LCID, NVDA, TSLA, BTC, ETH, SOL & SHIB
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Want better Stock trading?
πππ FREE Stock, No PFOF, NO Market Makers: https://public.com/MattKohrs
π¦π¦π¦ New Rumble Channel: https://rumble.com/c/MattKohrs
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πππ Emoji Charting: http://bit.ly/TradingViewChartingSoftware
πππ Options Picker: http://bit.ly/Tiblio
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Video As A Podcast:
π§ Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
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#DumbMoney #ApeNation #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
Bye bye. Ah here we go uh, hello, hello, hello, hello, hello, hello. It is the power hour show for the first day of the week, month and year for 2022.. Let's get after it is january 3rd and the morning was looking good afternoon questionable kind of boring, but it looks like things are finally turning around for power hour.
So, let's see if this continues, but yes, ding, ding, ding, ding, ding, ding, ding apple. Finally, and it's not holding above it, but it did tick that 3 trillion with a t dollar valuation, absolutely crazy. The war u.s stock market's top dog is remaining the top dog and with that being said, let me swap over just so. You can see everything going on right here, perfect all right.
Let me bring this up. So what do we have here? Gamestop? We had. It was 182 86 and i believe what did we actually 182.88 so it cleared it by two cents and since then, taking a breather tesla is ripping ripping ripping. I will give you an update on my positions.
The spy came all the way up to 477.70 kind of taking a breather to 477 20. uh would love for that to base and kind of create a cup and handle, hopefully in the clothes we have an hour to go. Uh gamestop ran up to 159. I was calling that out that's clear resistance and since then has not been able to really get legs under it kind of lower volume 1.175.
But it's it is in, i guess, kind of in alignment with its own 10-day average, currently sitting at 1.4, but not the most exciting thing to watch. It is up 3.2, so i'll give it that a green day is a good day. Amc, on the other hand, is unfortunately in the red, currently trading, just south of 27 down 1.2, so hopefully you're being smart, being diversified and kind of withstanding. Some of these small, very, like you, have to be honest, like that's a my new pull down for something like amc.
Hopefully you were able to get a chunk of tesla. Hopefully you were able to get a chunk of apple. Maybe the overall market i know amd is currently crushing him amd coming up to 151. I know disney having a nice nice bounce back.
This kind of shows you this concept of you shouldn't be putting all of your eggs into one basket when there's red days, you want to kind of balance it out, and hopefully you keep all of your days more so green and you're not completely relying on one. Now that obviously does change the risk to reward paradigm. When you have a smaller amount of trades and or investments, it's higher risk higher reward. If the thing that you are fully in ends up exploding well, obviously, that's the best way to maximize your game, there's! No.
If ands or buts about it, but that then relies on you being day over day in the one that does the past that particular day and from everything i've read and studied the chance of being able to track down the best performing one. Every single day. I mean that you, you would literally be the best trader not only alive, but that has ever ever existed. So for me uh.
I find it easier to just kind of be spread among things that i all think have ideal opportunity and it's kind of like the concept of an etf. If you buy something like smh, you get exposure to the entire semiconductor industry, but you're going to really benefit of the average gain and or loss of all of them. But on the flip side, let's say: if you pick one well, one of them might be an outlier, it might have an abnormal gain relative to the basket of stocks or you might be picking one that maybe doesn't perform as well as the rest of the basket. So not really necessarily better or worse, it's a different risk reward setup and i guess to each his own on to each her own on how they want to particularly play that. I am definitely what would be considered a higher risk trader and or investor, but even with that, i personally don't enjoy the concept of like going all in on one thing, i i just don't think that's a a good way to have longevity in what the markets Are because it's it's just a matter of time before you get like messed up uh ever since matt stopped putting pomade in his hair, the market has slowed down jacob. It's kind of interesting that you did notice, i'm i'm using a different hair product. If there are any universal complaints about my current hair product, i will switch it back if there is any concern that that is detrimental to the overall market. Please, please, let me know, please, please let me know all right.
I see a lot of excitement about reli. This has been called out. It has a pretty considerable short interest in right. Now it is moving.
It is up 37. Did i get a chunk of this? No, i didn't i didn't. I didn't, and i didn't and now i'm late to the party, so i'm not going to get a chunk of it, but if you're in it we've been talking about it for at least a week now, if you got in somewhere here, congratulations i am so excited For you, i i i don't get this idea that you can't be excited for other people who are making money. If you want in chat, throw a hand up, throw something up, let us know maybe a bag of money or something if you're, crushing relie right now.
That's awesome, i'm not in it. I have literally no plans to be in it, but i'm more than happy that to kick off the first trading day of the year, you're already crushing it to the tune of 37. Today alone, no less. If you got in earlier.
That's sick! That's what the moon gang's all about. The moon gang is all about learning a skill set, hopefully you're, making some money, and hopefully our voices when combined can be loud enough to like prompt, true reform, because right now there's an absurd, egregious amount of bullshit that goes on in the market. I i'm not coming here to pitch myself as some mother teresa altruistic type. No i'm in this.
I want to make money, i'm very very happy that this has become a successful channel and i maybe maybe it's narcissistic of me. Maybe it's egotistical of me. Maybe it's just plain optimistic of me to think that we're coming together and we can actually affect true positive change for the overall market. So if you're in this, like i said i, i didn't catch a piece of it, but i am also man enough human enough. I would say smart enough to congratulate you on the fact that you're making money, because, if you're making money, that means you have more money for these other plays and in the end it might end up benefiting me. So really the fact that you're, i want you to all make money in an oddly selfish manner, because that means that you might have more money to put into place that directly and or indirectly end up benefiting my plate. So i think that's sick! Congratulations! If you got it, i unfortunately did not i'll give you a quick vortex check on that one. Just so you know.
So this one was a bit weird. I believe that the outstanding share count on reli within ortex is a little bit wonky. I just want to give you the number that's being reported: yeah, okay, so they did correct it. Relie estimated short interest of 60, previously they're.
It was way way high, like i like almost 10 fold higher, and i think they were using the wrong outstanding share account. Obviously enough people have spoken with or tech static corrected, but even in the correction, it's still absurdly high 59.74 percent and while we're on the subject just so, you know - amc clocking in at 17 and jimmy clacking in at 14, 4. Just so we're all. On the same page, there amc coming down jimmy coming down all intraday jimmy's, so green amc slightly red.
You know. What's having a good day, though prague prague shot up uh, i guess a little bit boring now we're kind of looking for the movers. If there's anything final amd all right, let's check out any of the whales. Let me quickly check the whales and then i could get back to any of your uh questions, so we just saw quarter mil come across on amazon.
We saw oh another 316 on in video. I was going to say a different quarter mil on nvidia, so that one is for march the march month. Lease 318 would be the march monthlies. Amazon's was literally for this friday snow we're seeing more.
You know. Third whoa whoa 13.6 mil we're seeing a lot of money come into snow and i took that bet because of what i'm seeing with the whales, but unfortunately i'm still down on snow. I i just don't get it here. Let me switch over there.
We go okay, perfect! Is this too small for you folks to see i? If i can, i zoom in, does that work? Do that? No, it's not doing anything, i'm sorry uh! I know you might have to squint or zoom in, but this top play is apple. I'm currently up 133 dollars. I bought three contracts this morning. I just want to let you know i got in uh.
They expired january 14th. They and i paid 250 per one, and i have three of those roblox. I got last week on the first day of training. This is the second day for this account just so. Everyone knows these are down by 850, but that is the january monthly. So i have some time for that and then i'm actually down 1 300 on snowflake, but those are the february monthly, so snowflake beating me up the most uh right now on spy, i'm a little bit below break even i'm down 120. those expire wednesday. I really really wanted to, and i really really should have gotten at a spy early this morning.
I didn't that's not me. Excuse me um, i'm. If i can catch this back to break even i just need a little bit of spy to push today. I just don't want to get beat up by theta overnight, so this is a play that i'm actively interested in dropping and then.
Finally, my second tesla trade. We had a tesla trade on friday that we swung to monday. I locked that in and actually it took me so long to lock that and that's why i didn't get out of spy, but anyway we waited for tesla to settle and now we're up another 4 000.. So this was a trade that was called out in the morning stream and we're already up 4 200 on that one um.
So so far so good, let's see how everything else actually ends up playing out today, but, as i just expressed, i have a lot of interest in getting out of spy today. I would be very, very excited for a spy push in to close just so i can lock that up honestly um apple oops, sorry apple is kind of interesting. Yes, it did hit that three trillion dollar mark uh. Let me just check what the cues are doing before.
I speak out of turn, but the queues are strong and i did buy myself time and then i wouldn't have to this is what happens this? These are the silly irrational decisions you have to make when you're battling with pdt - and i just want to my whole point of starting this particular account was to show you how i make some of these decisions and the things that i consider because you're like okay, I'm up, but should i burn a day trade because i made the trade this morning and that's exactly what's going through my head with both apple and tesla. Now, to be honest, not that much with apple. Just because i see some strength in the queues - and i know that apple is one of the biggest showers in the qs, and i see the cues right here i mean it seems like it made a bounce and it seems like it wants to come test 404. So i know those are some tailwind situations for apple apple, i believe, is the second most highly traded option today.
Let me just show you this. This is what's insane speaking about tesla. More than 4.5 billion, with a b was trading on tesla option contracts today for context, just 615 million in apple today, but that's also like still one of the highest uh, which is just nuts, it's absolutely just nuts 4.5 billion. In tesla, so then here's the weird predicament that i find myself in so apple.
I feel more comfortable swinging that i see that the spy is looking good. I see that the queues are looking good. Yes, it hit three trillion, but i see some whales coming into it and i also bought myself time. It doesn't expire until the 14th, so theta, it's something to consider, but it's not destroying me quite yet, and just so i even know what i'm talking about. As of right now, on apple, i got in at 250 they're currently trading at three. I have three of them, so i'm up 157 dollars um, i mean honestly at this point. It feels like i'm just fighting to get these roblox and snow losses back. So that's the deal with apple.
I am more comfortable, not burning a day trade on that, just because, like i might be able to swing it till tomorrow and okay, okay, okay, okay! I like maybe i'm talking myself into it, but i think there's some logic there. Now here's where it gets interesting, tesla tesla, tesla tesla. Now, if you don't know anything about me, um there are many parts of the globe of the us and of wall street that they don't know me as matt kors. They know me as the best tesla trader on this side of the mississippi.
How did i get that name? That's a great question and i'm more than happy to explain it to you throughout 2021. It seemed as as, if no matter what i could do, i lost money on tesla, no matter what i did. I lost money on tesla. If i bought a call, it went down if i bought a put, it went up if i bought a call and a put the stock just stopped being a stock, and it waited until my premium got burned.
It just stopped there like. We are not trading until this coors kid stops owning contracts on us. Obviously, 2022 has a different vibe going um. So i am i'm i'm aware of my history with tesla tesla's, aware of its history with me.
I'd actually like to think that's more of a prominent thing that tesla thinks about me more than i think about it. So i'm thinking about my own psychology and let's just call it my luck or whatever it is so. Yes, that is on my mind, that's obviously on my mind, but is this one of those things where should you be burning a trade just because you're like okay, like i know, i'm up blah blah blah? I know i suck at trading tesla but, on the other hand, we're seeing record-breaking amount of call options coming before 10 30. This morning there was already 25 mil bet and i'm just talking on whale bets within the first hour on tesla exploding this week next week and the jan monthlies, which is just insane so now.
In my mind, i'm wrestling with the fact of - and this is more of a psychology than a skill thing. It's definitely more of a psychology than a skill thing, because if we were looking at skill, okay, i'm twelve hundred we're obviously at natural resistance. If i pull this up right here, we're at resistance, that's exactly what we hit this peak right here. It was 1202., that's exactly where we're coming up. We have a gap filled to 1208. You could be playing the gap fill. We now have a gap to the bottom side. The technicals of the situation are very, very easy, but now i'm thinking, okay, i'd prefer to not burn one, but if i were to pull it up, i'm currently up four point.
Four thousand this was a ten thousand dollar account on monday uh. What are we at right now? How do you even see this and it's up to five thousand so in two full trading days, because i traded it on friday and i'm trading it today we're already up 50, as in we already. I could lock it in now and argue that i could literally just sit on this account and probably outperform every single hedge fund for the remainder of this year. Percentage-Wise.
Is that a fairest thing? No because it's much more difficult too large to manage large amounts of money rather than 10 000 way more difficult, because then you have to worry about liquidity and those types of things, but anyway it is on the most surface level, fun to say like yeah. I probably outperformed already 99 of hedge funds and if i continue to trade tesla, i might lose those gains. I i fully understand if i keep trading tesla, that five grand that i've made in two days could disappear into the ether without a doubt. So that's another thing to consider so many things going on and i guess when it comes to it, i could always lock in one maybe lock in one at 1 208.
I kind of like this play so the tesla i got into tesla at 25.50 and they are currently trading at 40 20.. So for me to double this up, i would need them trading at 51 for them to trade at 51.. Actually, if we gap film a little bit more than a gap fill today as in 1208, there's a very good chance i could get out and then just it would be a riskless trade. That's my go-to move as right now, because i was able to buy two off the first tesla profit.
I had enough money to buy two of these, so if i lock in one at a hundred percent gain no matter how bad this goes, i'm not going to lose money. That is my going plan right there right there right there right there so uh! My plan is to get out of tesla. My plan is to fully get out of spy and to get out of at least one tesla. Today i will most likely be swinging apple and i will be swinging roblox and snowflake.
That's the plan, that's the plan. That's the plan: what else do we have spin the wheel, st oops, all right, let's see if this can hit 1208 well actually before i even get ahead of myself here, market change. How do you do this create closing so cell one? What did i say? I got in at 25.50, so we're gon na sell one at 51. A hundred percent gain confirm and send all right.
I have yes, it will burn a day trade, but it also expires this friday. So, let's just lock that in if the opportunity strikes uh, so the order is currently sitting there. I will obviously keep you apprised to if it hits, but as soon as it hit 1200 it hit that key psychological level to the cent it literally hit. 1. 200. It didn't go over by cent or anything like that. It was exactly that and that's what happens when you hit a technical level, a key psychological level. You get smacked and i'm just now betting on a reversion in the next 40 minutes.
Um apple, going flat kind of boring, let's quickly check out amc, also flat, gme a little bit more down but still green on the day. Prog. It's up it's up, seven percent, but it's not really trending right now, lucid having a nice nice push a nice nice push, um, definitely a fan of that. So let's see uh congrats and if anyone got the lucid move right there.
That's that's impressive. That's definitely impressive! What is going on with roblox my heart, it's being broken by these two broken corsair. This is one that you can see in the public account. I got that it was an investment, it's not options or anything.
I just i like it. I'm bullish on esports i like this company, i was buying it on a dip, would love to ride this back up, but i got in roughly around this level at 22., microsoft, technically right on the day, nvidia we're just seeing if there's any other opportunity, any other Opportunity, an nvidia put came through a gm call, a citibank call a citibank put disney a disney call for ooh. A disney call came in about 20 minutes ago 30 minutes ago, huh, not the most amount of money. There was.
I just don't get this. How does this happen on snowflake, i mean snowflake if snowflake randomly explodes one of these days, it has to be insider training. I mean look at this, who saw this today and was like i like it and it's worth 13.6 million. Do you understand how much of an abnormality that trade is two hundred forty five thousand hundred twenty five thousand one point: seven million.
Even one point: seven million is big, two point: nine million. What 400 400 400. 400. 250.
675. 200. 200. 2046.
I just don't get it, i don't get it most of these are calls, i guess back in whenever the hell this was, there were a series of puts, but ever since then um, so back in december 20th, people were betting against it. The last real time people were betting against snowflake was december 20th, and then you have december ever since december 30th, there's only been one whale put, that's it all the rest of them are call call call call call call call call, and even that put was a Baby: put 125 relative to 1.7 million 13.6 million 6 000 22.60. They did it at 328.. What about this chart? Are people like this is the chart today that they're like oh yeah? No, we need to throw down 13 million dollars on this particular play.
That's ridiculous! That's absolutely ridiculous. This is going to explode out of nowhere. Do i know if there was inside information or anything like that? Absolutely not! I just think the numbers are super super interesting and funny and sus doesn't add up to me all right. We did that another tesla call just came in 1200 for this friday, half a mil 548 literally just came across all right, tesla time to get back spy. I need that to push how's reo. I i see someone talking about that. Oh it's not pushing anymore. It had a beautiful push from 750 all the way up to 950, looking a little bit heavy see if it can hold 8.50 qqq.
The queues are looking good apple, really boring right now, microsoft, ah coming back a bit not too much going on there, how's nvidia roblox on the day looks super weak. We saw snowflake disney was having a good push disney still having a good push. How are the amc options? Looking? I don't think it's a favorable time to play amc options. I just don't see the volatility.
The the concept is to get in right before an expansion in volatility, and i don't the way like. I guess i understand volume in the charts - i'm not seeing it signaling as of now that could change in literally the next 34 minutes it could change as early as today tomorrow, but at this moment in time i'm not seeing. I would actually argue it's more advantageous for stock versus option at this time. You just don't want to get beat up on theta.
What about amd and the release of their new chip tomorrow and money coming in so amd is crushing it, but oh would it hit 151, and then we know that the queues are also looking good. 150. 150.. It it's going to be one of those things that there's just going to be volatility.
There's no way to know if it's good or not. You don't know if they're going to over deliver on their promises, you don't know what they're going to under deliver. Is it a buy? The rumor sell the news type of a deal. I was talking with someone in the discord right before this about amd and the way i would handle a situation like this and it's what i'm attempting to do on tesla is if you're up 100.
Well, you just lock it in and then you just keep your fingers crossed for tomorrow. There's a new release, it's a binary event and there's no way you're going to know how the market's going to react to it until you're living it. So that's one thing: it's! I guess a little bit more tolerable a little bit more easy to stomach. If, if, if you have stock relative to something like options, when the volatility overnight like there could be um like if you're up a huge amount, like you, don't know what the gap's going to do from tonight till tomorrow morning, till the market opening at least with Stock, you have the opportunity to get out in pre and post market trading with options as soon as that bill goes ding ding ding.
At 4 pm, you are locked until 9 30.. There is no pre or post market training for options whatsoever. Um. I think it's going to be positive, i'm bullish on amd, who knows maybe this 4.4 game someone's signaling? Maybe they know something uh but we'll see uh. All i'm really looking at amd for particularly tomorrow is higher volatility, not necessarily bullish or bearish. But if you like made me answer you and twist my arm based on what we're seeing in the queues, the spy and semiconductors particularly amd today, i would look at a momentum continuation into tomorrow. So i am i'm mainly looking for high volatility, but i am slightly bullish on it, but with all that being said, i don't really have skin in that particular fight today. Do i think neo is good right now, what's neo, looking like so neo uh, it's december deliveries beat the december deliveries from last year to the tune of 50 and we're actually seeing similar reports from leotto expeve overall, the china-based ev sector uh performing well definitely performing Well, across the board, they had some solid numbers.
You know, honestly, it gap-filled and then broke this resistance at 33. My next watch would be 35 and some change um. I don't know what time frame you're in i like neo. I think it has some impressive technology.
Every single time i watch one of those videos of the battery swap it's like i'm watching it for the first time. My only medium to long term. Concern with neo is a rise, a continued rise in the tensions between china and the us, particularly as it relates to being listed on the u.s market. These chinese companies they are not audited to the same level uh, which is concerning.
That's why you get certain situations such as luck and coffee. They are listed on our market, but they don't have the same amount of let's say: regulatory dd done on it um and there's, obviously quite a bit of fighting back and forth between that stuff and the political powers of both countries. So that is an external risk that i think everyone needs to consider um and because of it i don't know like i have enough. I trust me.
I lose enough money on tesla. I don't necessarily have to throw an ender one. I i have traded neo. I've made some money off of neo, but, as those were really bubbling up those issues, it's i was like yeah.
I don't know if i really want to like continue to contend with this uh. The short interest on amc is 17 and on prague it is. Let me look it up really quick, prague, prague, prague, prague, prague, 14.25 on p-r-o-g uh. I don't um, hey matt.
My name is mike. I could definitely show you some manipulation on weibo with the volume uh. I guess i'm not familiar with what weibo is, unless that's a weeble typo, but if you mean weibo, i haven't heard of that platform w-e-e-b-o. I know.
There's a weibo social media thing that alibaba just sold some at stake in, but that was w-e-i-b-o brandon happy new year. What's going on what is going on, i roughly just so anyone who is particularly interested. I roughly need tesla to hit 1206 to get out of half my position one of two contracts, and it might do it we'll find out stay tuned all right. What else so disney looking good amd kind of stalling out a little bit? Um amc not really doing much right now. Jamie similar scenario are the queues. Moving queues are looking good. Iwm is actually swinging back uh, a rare yet obvious. Divergence between the russell and amc right now disney slowly but surely gra ending higher the queue is a little bit flat.
Lucid rivian, tesla apple oops apple, going the wrong way. The russell's still pushing huh all right. Do we have any late day, bull flow. Yes, we do nvidia 335 call for the jan monthlies about three weeks out uh and they bet a quarter mill.
255. 000.. 255. 000.
uh. So they alerted to a boeing call a 240 call video. I like seeing what the whales are doing better than these alerts. I, like checking out the flow i like to come up with my own conclusions on these all right: nine more dollars on tesla and then i'm free uh.
I know it's up. I want the cappuccino's opinion what's going on. I have to admit, because of you i was thinking more and more about the concept of maybe enjoying lattes. If i'm being completely honest, bbig short interest, um four hour chart all right.
Well, i could tell you bbig audrey vinco ventures, vinco ventures 21. and let's just take a quick peek, a little sneak peek at the four hour chart i mean it's coming back and it might be bouncing off of a new low. But i just don't i'm not in love with it because of this trend like ever since september. All it's done is: go down, um, lower highs and lower lows, but with that being said, i do believe there's a statistical advantage to reversion plays so if you're catching it on a low, which i mean if i were to bring up the rsi, it's definitely uh.
Pretty beat up here, you're buying it off of bullish divergence, so that is an ideal time to get in uh bbig, like i said it does have a 21 short interest for that to even matter, though, to come into play. You're gon na have to get a movement you're, probably going to need a breakout of nine dollars for the shorts to feel like any serious pressure. They'll feel pressure, though above five for sure um bbig. I think there's some money making opportunity.
It does have a high short interest, but i think there's better opportunity, i'm not necessarily against this one. It's just not something. I would particularly throw my money at at this time, all right spy. Am i gon na get my opportunity to get out of this.
Okay, spy spy spy, i'm down 20 bucks, so down 10, not necessarily a waste of capital uh, not even really a day trade. I guess it tied up my capital. I could have done something better with it, but hey better than a loss. I suppose, but i just i need to get out of it because it expires wednesday and whenever you're in an option, remember theta increases exponentially, not linearly. Every single day you hold your option, whether it's a call or put. If you are long, it's getting worse and worse for you, that's very, very important for everyone to understand the longer you hold it, the more it eats away at you. So, with this expiring on wednesday, the theta from today until tuesday will be big and then tuesday into wednesday will be absolutely massive. So, for me to even retain my current breakeven value, i would literally need a gap up just to have the same opening value as i do the closing value today, and because of that, it's a no from me dog.
I will be doing my best to get out at an ideal time today, but, like i just have to get out. There's really i mean i guess i couldn't let it go, but i'm not going to so. Hopefully i could get a push to 478., we'll see we'll see, we'll see, uh crypto just dove down, oh bloody, it definitely did hey. Hex is up at least you always have hex to balance it out.
Hey matt, thanks for everything. I've learned so much from you. This past year check out zlda crypto. When you have time on a rocket happy new year.
Let me write that down: z, l d, a d, l d, a thank you for what you've been doing been watching since early last year. One question eyes: wells fargo, a good trading brokerage in your opinion, um to be completely honest. I've never used wells fargo, i've kind of stayed away from it because it was 2016 2017, where wells fargo got in a lot of shit like there was like a huge public outcry against wells fargo. They were signing people up for accounts when they didn't need them.
They were getting charged fees that they should have been charged. There was like all this insane pressure from the higher up people to get their underlings to do like just all this crazy stuff. It was a mad mad scenario, so ever since then, i've just made sure to steer clear of wells fargo, so i've never traded with them. I've never had an account with them, because the first real time i like learned about wells fargo, it was a negative thing and then i think there was this like american, like greed, type of a show and wells fargo like that, was actually one of the stories.
So if you want to learn more about it, but just insane stuff, so i haven't used it. I use here's what i use. I use public for my stocks. I use uh right here td, as you can see in front of you for my options.
That's the account oops. Sorry, that's the account i just made so public for stock td for options and then the one that over the past two weeks, a lot of people have been telling me about with crypto is ftx, so they absorb block folio and then they also have their equivalent To coinbase pro, so that's one that i just got my accounts. I funded one of them. I think that money should be hitting soon, but i really really like the ui of ftx us, like the equivalent to coinbase pro and then, as for phonak for phone apps block folio is kind of cool. Before this i was on coinbase, i would say that's where a majority of my money was my biggest issue with that was. It was so so difficult to know your cost basis. I didn't know how much i was up or down, and i get it you could do the math you could be like well. I bought this many at this cost and then, like you, had to do the math, but i don't want to do the math.
I want to be able to open the app up and just say oh, like this - is how much i'm up or down um. I don't know i i just wanted the app to be easier and i have not been - i guess, like exposed to this myself but uh. What i saw on their website and what people have been telling me is that the training commissions are far far less on ftx. So, if you've been having an issue with trading commissions, maybe something to look into.
Are you going to lock up the spy call and then get out of get any puts for friday? No, no! No! No um! I would love to get out of the spy call, but that doesn't necessarily mean i'm gon na get puts i'm more so getting out of the call, or i hope, the beginning of the call. This is not it's going, the opposite way of where i need it to go because of expiration, not necessarily because i think the market's coming down based on seasonality. I am bullish on this week on the overall market, but but but don't forget that we have various important updates, wednesday and thursday and friday, but definitely wednesday and thursday for sure, so that could always throw a wrench into whatever seasonality. You have going on uh happy new year, matt any chance of an interview with joshua mitz short and distort study paper uh.
I don't know who that let me just write it down: uh joshua. I will happily look into that. Mike joshua admits short and distort short and distort. I appreciate that mike happy new year by the way uh, please look at aerc silent period over today came down from 117 to 11 and has been holding strong.
I own nearly 2k shares at 12 aerc. Why is the market going down? I don't understand a e r c. I mean something had to happen. Why did it go from 40 to 117 all the way down to nine and now it's hanging out at 11.? I think there has to be a bigger story here.
There's like this is such a messy looking chart. You can't really do technicals on it. It just started training at the end of november. It did some crazy stuff.
It had three days of like massive volume. Four days of massive volume, and then it like instantane something weird's going on here, i would have to do a deeper dive on this way. This isn't a technical play. I'd have to dive into like what the hell is actually happening.
Speaking about what the hell is. Actually happening what the hell is actually happening. What do we have going on? Why is everything going red right now, like everything is just taking a dip? Look it the spy, the cues, iwm apple, tesla, microsoft, roblox snow, not really in vid, what's happening. Who, who did this hey, hey, which one of you did this i need answers? I need answers and i need answers now. I know one of you did it uh? What's your risk on roblox uh about 93 90 yeah, we'll just call it 93 uh pretty much, because if it goes below there, i would actually think a gap filled to 79. So this is roughly here i'll mark it out just so we have it for future days, uh roughly my region of risk. I really liked this breakout. Obviously it was a fake out.
Breakout got rejected at 105.. I do have time because of the i got january 21st, the jan monthlies. So i have some time i'm not sweating quite yet, but i don't like that. It didn't hold this breakout.
I do find that bothersome for sure all right, someone um pull it out blow on the cartridge and get this thing going again. Get this thing going again before all of you um kind of go just so you know so. Yes, i have today shared my thoughts on where i see the overall stock market going in 2022 and some of my concerns i've shared some of the similar thoughts on crypto. If you want a different person's opinion, uh don't forget to check out the ttg stream today.
It's at 4 30, so it's literally 30 minutes after the market closes. So if you're still at work, pretending to listen to your manager and do work, and you just need to kill another half hour once again. That starts at 4 30 p.m. I actually might be able to get the link for you hang on one.
Second, all right, i'll put it in all chats right now, uh, i just dropped it in youtube, chat, i'll drop it in twitch chat and then i'll drop. It also in rumble chat uh. Once again, that's at 4 30, so just 30 minutes after the market closes all right. Where are we at man what's going on this? Isn't this isn't? No? Do we have to go back to watching like ape videos? I think it is kind of oh here's.
The link, too, you could just find it on their twitter. That probably would have been easier um. What do we have? What do we have? What do we have to do? Any breaking news apple becomes the first 3 trillion company by selling billions in the same phone. Each year, that's a pretty funny account over 2009 facebook options, contract traded today, tesla's once again, the top trending sticker on stock twits roblox is down over four percent.
That one definitely bums me out. Uh, i need to my eyes, are getting messed up folks. We have to go more of like the whole clark. Kent thing i know.
I know this doesn't look like matt kors anymore, but this is still matt coors just so everyone knows at first you're, probably like whoa who's, that new guy on the screen, but um. No, it's still me, don't you worry, don't you worry? I just want to know if there's breaking news unusual options activity. None of those really interest me. What else do we have? What else do we have bitcoin apparently went sub 46, not good, don't good, not good, not good, at all. What else? What else? What else? What else i guess, there's not really other breaking news, nothing going on. I guess charles payne is feeling in uh reuniting with liz clayman now on fox business. I will make sure to not watch that you know. I think we should make the year of 2022.
The year of like not giving trolls anything, his name is glasses. Mcgee uh, his name is thick. You know, i can't wait till i could just pivot into thick fluence. I just want to be a thick fluencer.
We are here here at thick trades. We are long on krispy, kreme short on beachbody and short on skinny jeans. We are i'm going to corner the market on skinny jeans and just burn them all folks. Just so everyone knows bro.
Is that clark kent? I need to make a shirt instead of harmful and dangerous. It's just going to say thick, oh wait: can i get out a spy before the market closes, ooh yippee yippy, i'm still down by 60 bucks um create closing order. All right. I put it in order to try to get out of the spy.
I don't want to be messing with those for too long come on there johnny and then i already have a sitting order on tesla apple's going the wrong way, apple's drunk it. It hit that three trillion. It got scared, no confidence, no confidence of being worth three trillion. It's like we just it.
It tested the waters it dipped its toes in and it just didn't like it there's nothing. You can do about that. All right come on. Let's just give us another, give us another push nine minutes.
Nine minutes! You can do this, bring it home, bring it home s. P, 500! Well, apple's, not even fun, to watch now uh. What give me something! That's moving, prog all right! We're just gon na have to watch the moving things. Okay, let me know if there's any questions, any questions whatsoever.
This is tesla on the five minute zoomed out. This is tesla on half the day. This is tesla on a quarter of the day, and then this is tesla up, close and personal, so just four different styles there. I think we could all learn a thing or two about this.
Oh this is too funny. Why do i get joy out of this? You know what i need a cappuccino, why no more voyager, oh i mean voyage, is good. I just i don't know. A lot of people were telling me how much they liked ftx and i was like hey okay, i'll, try it out.
I mean i don't know. I i had a good experience with the voyager, but that doesn't mean it was necessarily the best for me, and i am doing my best to learn more about nfts and the metaverse, especially because i do see that to be a major play in the world and Also, even if you're particularly interested in amc and gme um, i think i don't know, i think it's imperative to learn more about it. And then a lot of people were like hey. You got ta check out their nft platform, there's no gas fees and it's ethereum and solana base. So i was like sounds sounds cool, and so i just got rocking with my accounts and thus far it's been good. The onboarding process was easy, but to my understanding, voyager doesn't really deal with nfts, more tesla. Oh no. I need a bigger monitor.
Oh, i wonder: if that's the way we should do things. Do you like this setup better, like the main one up top, or do you like the four quadrants? What's the best graphical thing, you are you guys into this like showing four, but like one big one, so like the main moving one up here and then you just kind of have some other ones on the bottom, this one four well they're, all four everyone's saying: Four, but it's still four: we want four all right equal size because we're all we don't want to make it seem like we're getting fair treatment. It's like four four i'm gone all right. The spy, not killing me come on spy.
Let's grow up! Oh amc! That's not looking fun same with jimmy, we want four and we want it now. I felt like the moon gang was about to have some serious mutiny on its hands. If you guys didn't get four like there was, there was an uprising. I think the mods all like kind of clenched up there for a second that was uh.
That was like a tense moment. It was like if he doesn't have four charts up, i'm going to have a hernia but uh quickly. We quickly resolved it. We went from four to four to four: what happened with you and charles payne, or did i hear you incorrectly? What something i don't think anything happened with me and charles payne uh, unless it's news to now, i'm confused all right.
Well, this bet has not my order. My pending order, most likely not gon na get filled. Oh, i was so close. I just needed it right below 478: the stock market, oh the stock market.
Well now i have to make decisions, and i don't want to do that. I'd rather just get a fill all right. It is 357. I need to make decisions within the next 55 seconds.
We're not messing around anymore. It's decision time. It's decision, time. 350.
45 seconds. I i got to start putting in other orders by 358. All right come on come on, come on yahtzee, yahtzee yatsuyatsi. Let's see how this plays out a little bit of luck.
Would you rather be skillful or lucky? Definitely go skillful 100 go skillful on this. I don't mean that i mean it's all luck, it's just it's pure unbridled luck and is it going to get lucky come on how's it going to play out. It's almost 3. 50.
Ah see these are the days when i argue that we just need more time. Like we could give in an extra five minutes today, just an extra five like is that that big of a deal but no all right. I got ta figure this out: okay, okay, okay, okay, so cancel and replace what are these trading at? They are trading at. Why is this so slow 134 cancel and replace all right, so we're going to take the loss on tesla or not tesla? Did it did it almost get filled? I only sold two of them. Did i get out of all of them? Okay, i got out of that how's tesla doing tesla's kind of pushing. Why does it do this to me? What time is it? Oh man, i have 45 seconds all right, tesla, tesla, tesla, cancel and replace uh. If i can be fast enough, 47 think it was trading at 75.. Okay, i got out of that too.
How much time do i have left seconds to go all right, so let me quickly show you what actually just occurred there just so we're all on the exact same page, so out of a pure moment of panic i got out of as you could see, these Top two: the spies - i don't have spy anymore. The position right here: quantity, zero, quantity, uh and i got out of one of the teslas. So i got out of all the spy for a mini loss at a dollar 34 and i paid 151 um so 151 and i got out at what was it a dollar 34., so that was roughly 150 loss. But on a positive note, i did get out of one tesla right here at 47.70 and i have one more to swing 47.75.
So not exactly a hundred percent markup but, like i don't know a 90 markup um. So that means that i have two more thousand open or actually how do you just see this um, so the account right now was worth fifteen thousand and it started with ten thousand back here. If you could see this, so we started with ten thousand went down to eight thousand, and then it was the weekend and then today so day one we didn't lock in any trades, but the overall count value lost twenty percent and then bring it to today. That was almost a hundred percent swing from eight up to 15., so we got out of all tesla.
We are not tessa. I keep saying that we are flat on all of spy. We have one more tesla, i sold half locked in some gains and other than that we still have apple, which we picked up to today and roblox and snow which we picked up so, but those are a little bit longer term and apple. We have till next week so that is what's happening there all right.
Let me switch back over to this all right and uh. So, overall, on the day, spied up point six percent cues up one percent iwm up 1.3 amc down 2.5 gme up three prog up 7.6 loose it up; 7.6 rivian down one lucid or tesla up; 13.5 apple up 2.5. It did touch apple. It did touch that three trillion mark, but it couldn't hold it whatsoever um.
So, let's see, if there's a continuation tomorrow, amd up 4.4, don't forget about amd. They do have an announcement um that about a new product tomorrow. So i'm expecting some volatility on that corsair had a good day, microsoft, scratch nvidia up uh, both roblox and snow, were down, unfortunately, for me, in terms of crypto, definitely taking a bit of a dip right now um. So what does that mean? That means we sit around and we wait till we see some buyers step in and hopefully we can identify a good dip buying opportunity uh.
I was really hopeful that the recent bounce was gon na hold, but getting smacked and in all reality it might end up relating to whatever the the fed like meeting minutes, end up coming out and being on a wednesday of this week. But then we also have additional updates on thursday and friday, so we're kicking off the week the month the year on the overall indices were definitely green. I understand that individual equities didn't really necessarily feel that way. So, hopefully you got some sort of balanced action to. I suppose, in a certain sense balance out your account um. I hope you absolutely crushed it, if not there's tomorrow, but as always, it doesn't change the golden rule of whatever your plan is. Stick to your plan. Stick to it, stick to it, stick to it! Um! It's the second full day of training.
I guess today was the first day that we closed positions uh. We only opened some positions on friday that i wanted to close today, so we did that so so far, so good uh, the 10k account is up to 15k. We have a nice 50 gain, but to get over pdt we have to get over 25k, so we still have a journey ahead of us. I'm not expecting every day to be like today.
Today was definitely an abnormal day. You don't see those types of moves. In reality, uh we got super super lucky betting on and also being, fortunately right with the tesla delivery numbers over the weekend. This is by no means normal.
We caught a fundamental driver type of an event like i said, not normal, not normal, and that's trading trading. It's not one of these things where you expect consistent gains day over day some days. You have absolutely nothing to do and it's boring and we end up playing marbles and then there's other days when everything is volatile and you just you have to make hay while the sun shines. I think that's how the saying goes.
If it's not how it goes. Well, that's going to be the new saying um, but overall it was. It was a mixed bag of a day um. I understand that amc was down, but gme was up, hence the mixed bag.
But a lot of these other tech exposure apple was up. Tesla was up spy accused iwm, so, depending on how you balance out your portfolio. Hopefully it was a green day for you just so. You know update for tomorrow normal day wednesday.
I will also have a normal day, but then i will not be streaming thursday or friday of this week. Just so everyone knows. I just want to call that out now. I don't want people freaking out of like.
Why? Isn't he streaming? Why isn't he streaming? I will not be i'm going to be out of internet on thursday and friday and then we'll be returning on monday, so monday, tuesday, wednesday, normal thursday and friday no streams. But i will be doing my best in the back end to create some sort of like content that i could load up and get that done earlier this week and then just post it on thursday and friday. For all of you, beautiful folks, all of you beautiful apes. As always, i truly truly appreciate the support. If you want more and more stock market information, don't forget to check out the ttg uh stream, that's going to go live in about 25 minutes. If you want another person's opinion, obviously i'm in no way an expert. If you want multiple people's input, michael rat, true trading, definitely an intelligent guy, a very profitable trader to pay attention to. If you just want someone else's opinion once again.
That starts in about 25 minutes. I put the chat uh the link in chat and also you can find it on twitter um. As always. Thank you for the support.
I appreciate the likes. I appreciate the subs. I will catch you tomorrow morning, bright and early at 9 00 a.m. Thank you.
Thank you. Thank you and, as always best of luck in the markets, you.
American stocks for me. And crypto π°. And… My day job, that I lost when no touching 2019 changed the world. Now we know we can get on with life and living. I'm so happy ππ―. More$ to invest in great American Companies ππ°
ππ I love your humor and stories π―πΆπΊπΈ sometimes, you catch me off guard.π€π§ π³ππ₯΄
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