So oh come on foreign wow! Oh, oh boy, oh boy! Oh boy, do we have a special production of live from matt's basement for all of you today. Let's talk about how robin hood robin the hood. H-O-O-D is absolutely ducked. Oh man, i am excited to get into this.

I am very very excited to talk about how i think we are seeing the the signaling that robin hood is done so now, keep in mind, i'm not clairvoyant. I am not a lawyer. I am not a financial advisor, but i do know how to read - and i also know how to put together that when you have a company that has completely lost the trust of its user base, that's not a good situation now without further ado. Let's hop right into how i personally believe robin hood is ducked or maybe another way to put that.

Let's talk about a company that, in the past week is down 4.5 past month down 17 past three months, down 60 52 in six months and over the past year, down 52, or i could say another way in every single major, conceivable time frame. It is in the red. Yes, this is the exact same one that mainstream media promoted to all of you buy it. You should invest in it.

It is democratizing finance, it would be silly not to invest when, in reality, red and red and red and red and red, and a little bit more red. Now, if i had a more highly produced show, this would be one of those times that the record scratches and it says, freeze frame you're, probably wondering how i got here. That's exactly what happened so use your imagination, but let me let me take you down a little bit a little bit of a walk of memory lane so about a year ago, january 28, to be specific, 2021 robin hood restricts trading in gamestop and other names involved In frenzy, this was including amc, coss expr, no nakd, the list went on and on and there were other brokerages that did it, but there weren't other brokerages that lied to the face of the public, saying no, no, no. We don't have liquidity problems, not at all.

Why would we have liquidity problems? Everything's fine, even though later we found out the day before they said yeah. No, we uh we kind of have liquidity problems, but it was a unique period. They took away the buy button and we know from other sec documents that this was retail driven. So when you had the such a big concentration of retail traders on a particular platform and then that platform isn't allowing the buying, what do you think is going to happen to the price it doesn't take, much to put one in one together on that particular like? I guess reasoning or that deal or that complex mathematical equation, but overall, okay robinhood restricts trading, let's just let's just not be so biased, let's really dive into it.

We know that they had collateral issues. We know that this was the definition of a black swan event. Let's uh: let's look into some information. This is from robin hood's sec filing to go public and this is their values, commitments and responsibilities.

As you can see, as the first highlighted thing, it says radical customer focus. We exist to make our customers happy. Now i was confused by this. I guess i, as a youngin, never learned the definition of happy, because most people are happy to get paid off for the investments that they made that were right.

Most customers are not made happy when they are completely screwed over by their brokerage, but hang on. Maybe i got that definition wrong. I'm not the smartest cookie in the jar. Let's move on a little bit quality execution.

We perform regular and rigorous reviews of the execution quality of our customers received from our securities market makers, citadel, which i will be talking about, including the execution, price, speed and price improvement. What huh execution price price improvement hold the phone i want to fast forward. I want to fast forward to our boy gary gensler in may of this year. This is literal statements months after the fact january february, march april may, four months later, a third of the year after they had all that information and they took away the buy button.

Gensler, the chairman of the sec, said robin hood explicitly offered to accept less price improvement for its customers in exchange for receiving higher payment per order flow for itself. As a result, many robinhood customers shouldered the cost of inferior execution. These costs may have exceeded any savings. They might have thought they'd gotten from a zero commission.

What how what including execution price and improvement they perform regular and rigorous reviews. I assume the regular ringers review was oh yeah. We are screwing them over and they look over. Is that cool vlad vlad's like yeah? Okay, cool you reviewed that we're we're all.

On the same page. We are screwing them over cool cool cool. Now to the astute viewers. You may have realized that i have already highlighted the next line and you might be like yeah.

That seems to be the opposite of transparency. We aim to operate a transparent business model. We currently dedicate a portion of our website to describing how we make money and how we will continue to keep our customers informed about how we generate revenue now tldr. If you don't have the time to check that out, the way they are able to generate revenue is by screwing you over, that's how they they screw you over and they make money, and i would argue, it's not transparent because we know we caught them lying you.

Don't go from january 27th internally, saying you have a liquidity issue till on the 28th going on cnbc and saying yeah. No, we don't have a liquidity issue um to the tune of three plus billion dollars as you're lying about your radical customer focus as you're lying about your commitment to quality execution. Your commitment to transparency, you know what vlad i don't know if this will ever get to you, but don't don't hurt yourself patting yourself on the back too much, because if you want to know how all these things so easily got thrown out the window, you know What you have to do, you have to scroll from page 9 of the sec filing simply to page 10.. How did this happen? Well, let's look at the summary of risk factors for the brokerage that democratized finance the one that brought us all into the game.

What is what is a risk to their business? Well, because a majority of our revenue is transaction based, including payment for order flow, reduce spreads in security. Pricing reduce levels of trading activity generally changes in our business relationships with market makers and any new regulation of or any bands of payment for order flow in similar practices may result in reduced profitability. Increased compliance, costs and extent expanded potential of negative publicity, well they're, getting negative publicity. We know that payment for order flow is potentially on the chopping block with the sec, but overall reduced spreads of security pricing.

You know that thing that we want for an efficient market. Very close bid and ask spreads the smaller the better it's better for everyone in the game. That's literally a risk to their business model, the less well, a market functions, it's better for robinhood, that's in their filing to go public folks! I don't know, i think they deserve some of this negative publicity, because it seems to be at odds with quality execution, transparency and existing to make their customers happy when in reality, they're two-face liars. Now am i the only person who's noticing this? No i've gone on tv and i've said when it comes to robin hood.

I am bearish bearish bearish. I think their business model is awful. I think their fundamentals are awful, but, more importantly than that, they've lost the trust, trust of the public and i don't think they're ever going to get it back, and that also explains why, literally yesterday january 10th, they hit an all-time low. It's bouncing a little bit but yeah it was severely oversold.

I don't think this is it. I think the sell-off continues like i said, i'm not a financial advisor, i'm not a lawyer, but this is all a very big problem. So that's our little stroll our little romantic walk down memory lane. Yes, we cried a little.

We laughed a lot, but things are about to get worse. A 27 year old truck driver just became robin hood's, first big headache of 2022, and this is far more than a headache. I think it could turn out to be a complete decapitation. Is this a simple finra arbitration award or a 30 thousand dollar brick through the wall of robin hood's legal citadel? This is very interesting.

Less than a week into the new year, a 27 year old truck driver from connecticut might have given robin hood a whole new thing to be worried about. In 2022., on january 6, an arbitrator from the finra ruled that the zero commission training platform was liable for 29 000 and some change in compensary damages to jose batista. He had alleged that he had suffered significant investment losses due to robin hood's decision to restrict trading on certain meme socks at the height of january 2021's, manic short squeeze, so this is very interesting. There have been various legal cases on both the state and federal legal brought against robin hood throughout the previous calendar year, and this is kind of the first one that maybe, in terms of financial repercussions, 30 000.

We know they already got fine 70 million, so 30 000 on a relative basis, not that much. But what we're about to get into is what this signifies, and i think this is going to be an avalanche. The judgment is the first of its kind to end robin hood, paying money to a retail investor stemming from its trading restrictions and could provide a blueprint for other individual traders hoping to get relief from robinhood and what's interesting about this, is they took a different legal Tactic and they focused on the restrictions in that actual impact on his particular shares. So here's a picture of him and i'm very happy.

He won this. So according to him, they basically left me with no other option. They were saying you're just stuck if you want to sell, sell it, and i know that's how many of us felt if you were in amc, gme, noke, bb expr. The list goes on and on and on those were the options you either hold or you sell.

But when we know something is clearly retail driven and now the major retail brokerage cannot buy. What do you think the price is going to do? It's absolutely insane and yes, financially, robin hood got the bailout it needed within a day, but that doesn't mean that they unrestricted trading within a day. We were battling with that for multiple weeks, some form of restriction, unlike seven other retail investors, who have taken their grievances to the regulator so far, finra agreed that batista's experience was too rough to be totally fair. Surprise, surprise: we know it's not fair, robin hood markets and robin hood financial were jointly and severely liable for batista's losses, and i, in my non-legal opinion, far more than just this individual.

The cash award has a larger significance, showing retail investors the correct way to take robinhood to task, and i think, with this blueprint with the foot in the door situation, many people are listening to this. Many people are reading this article and they're figuring out whoa. We can get some money and i think there'll be a severe dog pile effect. So not only do you deserve this money, but i think clearly the stock's going to be negatively impacting in keeping with their narrow approach.

The lawyer and batista did not engage with conspiracy theories about the trading restrictions and stuck entirely to the details of his case. Let me say that one more time did not engage with conspiracy theories. That's one thing that i think this community is simply taking too far. There's too much false information going around and continually if you get to the level of like a legal court case talking to the sec talking to a politician, if you run with a conspiracy theory, you will lose, you will most likely be laughed at.

You will not make the headway you want to make right here. We have the evidence. Sticking to the hardcore facts is how you win. I need to say this for the third time for the people in the back, who are just tuning in maybe just started.

Listening did not engage with conspiracy theories. The truth is already on our side. It's that simple. There are too many people engaging on reddit twitter youtube, whatever social media you want to talk about, and their tinfoil hat is way way too tight.

This is hardcore legal proof that there is absolutely no necessity whatsoever to engage in these dumbass conspiracy theories when the truth is already on our side. Finra showed here that they were willing to adjudicate a case on the merits. This opens the door for other investors to revisit that day in january and maybe take action, and, in my humble opinion i think that's exactly how this will play out. I think many investors were like hey.

I was in the exact same situation. I want to get my my i guess, pound of flesh and i think a lot of people are going to do it and i think robin hood among all the other legal issues that they are currently facing. I think this is about to get wildly out of hand for them wildly wildly out of hand. Obviously this is my non-financial advice, my non-legal advice, my simple dwelling in my mother's basement advice that i think robin hood is severely in the situation and, honestly, it's getting to the point that i even question if it's going to survive through 2022 now.

This leads me on to my next case, because you can't really talk about robin hood and market manipulation and everything else intertwined without talking about citadel, and there is a new development related to citadel citadel securities to receive first outside investment, sequoia capitals and paradigms 1.15 billion. With the b investment values, the electronic trading firm at about 22 billion citizen securities is set to receive its first outside investment in a deal valuing the electronic trading firm majority owned by hedge fund, billionaire ken griffin, at 22 billion the same guy who, because his son Told him to he just bought a copy of the constitution, because why do the people deserve the constitution when one rich guy could own it? Venture capital firms, sequoia capital and cryptocurrency investor paradigm have agreed to invest in 1.15 billion in the chicago-based firm citadel securities, expanded separately from citadel the 43 billion hedge fund, on which mr griffin built his fortune, estimated by forbes to be at 21.3 bill. So couple interesting things to say here: first of all, let's talk about. Paradigm paradigm is a big vc that relates to the world of crypto.

To me, this is signaling that citadel securities is about to get into the world of crypto. The other thing we need to talk about is sequoia. Sequoia is apparently responsible for bringing about 25 of the value that nasdaq currently has to the market. They help companies go public and yes, of course, there's going to be tied up with robin hood, which i have something interesting to say about.

But this is telling me that citadel securities looks like they're prepping to go public while also adding some sort of crypto related arm. So this this is new news. This is coming out today being reported by the wall street journal. But to me i don't know how else to interpret this besides the fact that sequoia now with this investment is looking to bring citadel securities to the public market, which will make them even bigger and more powerful, and on top of it, it looks like they're trying To build out some sort of crypto related business arm, but before i move on too much, i do want to talk a little bit about sequoia.

Specifically, i think this is just funny back on january 28th. You know when i just showed you that robin hood stopped the buying of stocks that people wanted to buy sequoia with their sus comment. Sequoia did not pressure robinhood to halt the trading of any stocks. This rumor is completely false.

This reminds me of like someone just coming in the room and just screaming. I didn't do it when everyone's like wait. No one! No one said you didn't do it. Why would you just come into the room screaming? You didn't do it that doesn't make sense at all.

So that's sequoia for you now interti intertwined with citadel securities, who we already know, is clearly intertwined with robin hood. The entire situation is bonkers. It's insanely bonkers and i just want to reiterate that with the insanity of it, the truth is on our side. We know the players we, the hardcore facts, are supportive of our position.

You don't need to engage in these crazy conspiracy theories that are backed by nothing. Besides someone saying uh yeah trust me bro, i read it on reddit, i read it on twitter, i saw it on youtube. Has to be true. You would not understand how click-baity the title was.

I loved it has to be true. Does it matter if you have every source in the world to disprove what i'm saying you don't need to engage in that stuff? That's silly you're gon na be laughed at and honestly, if it's the representation that the sec that politicians pick up on it's kind of embarrassing to the community. When we know it's as simple as this, it is clearly as simple as the fact that you win by sticking to the merits of your exact case, where you're saying hey, i tried to buy, i bought i bought. I was happy and then the brokerage stopped people from buying and clearly there was negative financial ramifications because of that it is honestly that simple they stole the buy button which is no different.

It is akin to saying they stole money from you. They stole money from me, that's the story and then, of course, you can get into the weird connections with citadel securities. You can get into the connections with sequoia. You can get into their filings and see that they're just basically lying to our face at every single opportunity that they have, but that doesn't change anything from the overall main point of this.

The really, i guess, the main emphasis of this story that we're right, they're a bunch of liars and they did something they should not have done, which it's starting to catch up to them. As you can tell from their ipo in july of 2021, they shot up. They opened up around 38, they shot up as high as what is this 85 and then ever since that moment, they are currently down a whopping 81. They are getting crushed and in my humble opinion, they absolutely deserve to be crushed, but, like i said, these are just my thoughts.

These are just my opinions, would love to get yours in a comment below and in the meantime, we have about eight minutes left on kind of wrapping up with power hour here. Just so you know, jerome powell, talking with the senate committee this morning, basically said everything he needed to say to remind people that he's willing to be as dovish as he possibly needs to be, and that kind of calm people down so we're seeing the likes of The spy have a really nice pop q. Look, the queues are looking good tech. Continuing its pop from yesterday tesla pretty much break.

Even amc did well this morning got hit back, but right now showing some late day. Strength. Game stop currently hanging out at 130 kind of flat on the day, so overall, the larger markets, the general markets doing pretty good some of these higher volatility ones such as, let's say, tesla kind of flat, so higher volatility flat and then more of the classic ones. Looking good looking good looking good so with all that being said, would love to turn it over back to you and whatever questions you have would love to uh.

Please look at vortex on aerc. I'm super bullish, a-e-r-c a-a-r-c. Let me open up or text for you, but once again, i think there's a abnormal fascination with what the short interest is uh ever since gamestop's days of being over 100 simply buying things that are highly have a high short interest is not probably the play vortex. Doesn't even have the information on aerc, but i can tell you the chart does not look good.

It's only making lower highs and lower lows uh, not the biggest fan of the technical setup on this one all right. What else do we have? What else do we have oh, very, very quickly, while we are waiting for the market to, i guess, wrap up for the day. There is one thing i wanted to bring to your attention: hey tesla's waking up so last night i was thinking it over with the team and uh. It seemed like specifically having like hyper-specific crypto.

Videos was uh kind of confusing, so i asked you: do you want me to spin off crypto content as a separate channel, i'm attempting to cut down on confusion and with this being our community, not my community. I always figure hey. If you want to know, ask the community and the answer was - it was not a clear yes, but yeah. Most people voted yes, and sometimes you got to go with what the majority say when it comes to our community.

So because of that, the crypto content will no longer be intertwined with the stock market content starting next week. We just created this channel if you're, watching on rumble, if you're watching on twitch, you have to do absolutely nothing you're going to be able to watch it exactly where you are watching it just because of how their platforms are set up, but it will be a Little bit different on youtube on youtube, if you're interested in crypto all that stuff will be segmented over here on crypto cores, and just so you know, or just so you can find it here, i'll put it in uh the chat, so i just threw it in The rumble chat, if you have interest there, i'll throw it in the twitch chat and also throw it in the youtube chat. So basically, if you like crypto, if you're interested in crypto check that out, if you have no interest in crypto you're good, where you are, you could watch it wherever you are literally right now and that's going to be like stock manipulation, insider traded, related type of Stuff, i just figured this segmentation, like i said in my tweet, i'm just attempting to cut down on confusion, so just so people know where that is i'll, be kind of reminding you of it for the remainder of the week. What is today, tuesday, so just wednesday, thursday friday and then remember fyi this upcoming week or next week will be a shortened trading week, a shortened trading week.

The market will not be open on monday. So then, starting tuesday we're just going to have the crypto course channel and all the crypto specific content living on that channel just so it's easier whatever mood you're in. If you want to watch krypto, you can watch it there. If you want to watch stocks, you can watch it here all right, so the spy still looking good tesla picking up um, we do have it on locals there that i did swap over to some tesla calls, thus far the roughly break.

Even but i'm hoping we get a solid report tomorrow relating to cpi, the consumer price index comes out at 8 30 a.m. An hour before the market goes ding ding ding tomorrow, and if inflation is hot, look for the market to come down. If inflation is not hot or if it's in line look for the market to go up, that's my personal breakdown of how i see this one kind of playing out how i see it playing out and kind of a binary event either it will or won't be Hot and we're going to find out right before the market opens, so do not forget about that uh. Some people talking about date, whack dwack, definitely waking up, looks like it's about to attempting to get a technical breakout at 6566.

We just see some resistance resistance resistance, showing some strength right there. I currently don't have any dwack. Oh things are definitely waking up in the clothes, though we see some buyers stepping in cosmic band me please. Oh man, all right.

We have about 90 seconds left. Just so you know i'm just giving you that warning in case you are battling with pdt and you need to sneak in a trade before the market officially closes just if you're battling with all those day, trade restrictions all the day, trade restrictions. My opinion, speaking of griffin, that's the un-american thing. That's the un-american thing, this stuff, absolutely wild! Absolutely wild, um, okay, we're a little bit out just a friendly reminder to all of you.

If you want more people to know the secret, not even the secret, if you want people to know the truth about what robin hood, as is as a company - and you want to get this video in front of other people, it would be awesome if you could. All drop a like on your way out today that type of engagement, whether you're on rumble or, if you're, on youtube. It helps the algorithm, promote it to other people and i believe honestly, at least for me, it's like my moral duty to explain to people the truth about robin hood would love to have another option to join discord, but patreon is evil and i refuse to support Them vanessa feel free to dm me on twitter. We can figure something out and i'm just saying that, because we actually dropped patreon we are actually.

Today was the final day. The patreon got nixed next next, next, just curious, you're, printing, a target goal, i'm looking for amc 500 at some point. What do you think of way off or reasonable? I have no price targets for those because, like it's impossible to predict it, because you need to look at the current short interest, the current option chain, and also you can't predict how much fomo buying there would be so, and you need all three of those to Have a realistic idea of a price, so i'm in no way in a game of like calling out a price prediction. I think people are trying to put out price predictions that were a meme, and now they like people, take it as like legitimate price predictions that are way way.

Comically too high. There's people with price predictions that are putting both amc at a multiple of the overall stock market, and that's simply the government would never allow that the sec would never allow that they would stop training uh. They would never let it freely ever get to that level. Uh it would, i mean we saw what happened when gamestop was above 400, no less training evaluation that would make it a multiple of the overall stock market um.

I just don't think that our government and our regulatory body would ever let things get to that extreme nature, all right, so the bell did go ding, ding ding on the day the market is closed for today january 12th. As always, i do appreciate your support. Honestly. Thank you.

Thank you. Thank you. I will be catching you tomorrow morning, bright and early at 9, 00 a.m. For the morning opening stream - and of course tomorrow, we will be talking about inflation and we will specifically be talking about cpi.

I'm expecting a highly volatile trading day tomorrow, especially especially at market open and important. It's always important to stick to your trading plan, but i think it'll be an absolute necessity tomorrow. Once again, thank you for your support and, as always from both trey and myself, best of luck in the markets catch in the morning. You.